Tag: dividend
-
Meta Platforms Just Declared Its First Dividend
Meta Platforms (META) is exploding higher. Last checked, the stock was up about $60 in after hours. All after the company announced it’ll pay a quarterly dividend of 50 cents in March to shareholders of record, as of February 22. The company also authorized a $50 billion share buyback program. “Another bullish implication: Paying an…
-
One of Warren Buffett’s Favorite Stocks Could See Higher Highs
Dividend king, Coca-Cola (KO) is still one of the top stocks to consider. Not only does it carry a yield of about 2.87%, its highly dependable, with strong demand and incredible earnings growth. It’s even one of Warren Buffett’s favorite stocks, which he refers to as a “forever” stock. Better, KO just beat earnings with price hikes…
-
This is Why Occidental Petroleum Could Rally Higher
Investors may want to consider Occidental Petroleum (OXY). At the moment, the stock is consolidating around $56.65, but could soon see higher highs. All on news Berkshire Hathaway just bought another $250 million worth of OXY stock between July 11, and 13, 2022. OXY also carries a dividend yield of 0.92%. “Some analysts have speculated…
-
This is Why FedEx Jumped $23 a Share
Beaten down shares of FedEx (FDX) are soaring. All after raising its dividend by 53% to $1.15 from 70 cents. It’s payable on July 11 to shareholders of record as of June 27. That’s a yield of about 2.7% at the moment. The company also added three new directors under an agreement with activist investor…
-
Another Reason to Like the Costco Wholesale Stock Right Now
With fears of recession, one of the safest stocks to own in Costco (COST). With a dividend yield of 0.53%, COST sells needed products that consumers must have no matter how well or how poorly the economy is doing. In fact, no matter how steep of a downturn, consumers still need soap, detergent, toothpaste, toilet…
-
This is Why Technoglass Inc. Plummeted 44%
Shares of Technoglass Inc. (TGLS) just fell off a cliff. At the moment, the architectural glass and aluminum products company is watching its stock plummet more than $15 a share, or 44% on a short report. All on a Hindenburg report that identified a few red flags regarding management and its financial reports, including some…
-
Use Weakness as Opportunity with Nike Pullback
Keep an eye on Nike (NKE). After pulling back from $174 to $145, the stock appears to have bottomed out, and could refill its bearish gap around $161, near-term. Helping, Goldman Sachs just initiated a buy rating on the stock with a price target of $172. “The analyst sees a ‘healthy industry backdrop with a…