|Bid||19.24 x 1000|
|Ask||19.59 x 800|
|Day's Range||19.07 - 19.30|
|52 Week Range||11.60 - 20.09|
|Beta (3Y Monthly)||1.54|
|PE Ratio (TTM)||3.90|
|Earnings Date||Oct 29, 2019 - Nov 4, 2019|
|Forward Dividend & Yield||1.44 (7.47%)|
|1y Target Est||21.63|
What does "on the cheap" mean in the stock market? To me, it means stocks which are valued not only below fair market values when looking at assets and revenues, but also when looking at the proven progress underway in the company.So far this year, the general stock market has been on a tear. The S&P 500 has climbed in price by 21% year-to-date. * 10 Battered Tech Stocks to Buy Now But I can easily steer you to a collection of stocks with much more reasonable, and even ample, dividend yields. And this is a collection of stocks that are performing -- but are also still values to buy right now.InvestorPlace - Stock Market News, Stock Advice & Trading Tips Dividend Stocks to Buy: AllianceBernstein (AB)Dividend Yield: 7.5%AllianceBernstein (NYSE:AB) is a pass-through company in the asset management business. The key thing about asset managers is knowing the value of assets under management. They don't have to be exceptional in their investing -- just good enough to attract and keep assets on which they earn fees year-in and year-out.AllianceBernstein's assets under management has climbed 25.8% over the trailing four years to a current $581 billion. That has resulted in revenue gains for the same period of 30.1%. This in turn is driving higher returns for shareholders with the return on equity running at 14.9%. But the real deal is that the shares trade at a discount to revenue by some 18.7% making the shares cheap.AB stock has been a good performer with the trailing five years generating a total return of 60.4% with an average annual equivalent of 10.4%.**All total return figures were calculated by Bloomberg Terminal, factoring in dividends reinvested on the day of distribution. Compass Diversified (CODI)Dividend Yield: 7.6%Compass Diversified (NYSE:CODI) is an investment holding company set up under the Investment Companies Act of 1940. As such it operates without paying federal corporate income taxes, meaning that CODI has more cash for dividend payments to investors.The company buys and owns a collection of well-branded industrial and consumer goods companies. And it in turn works with management teams to further develop business values. From time to time, Compass Diversified will sell the companies when appropriate. Along the way, CODI collects cash flows from the operating companies and in turn pays an ample dividend currently yielding 7.6%.Revenues are firmly on the rise with the trailing year's sales gain at 33.2%. Margins are positive, helping to drive a return on shareholder equity of 39.3%. * 10 Stocks to Sell in Market-Cursed September And the stock is very cheap as it is valued at a 30% discount to trailing sales -- which as noted are firmly on the rise.Compass Diversified continues to deliver with shares generating a total return over the past five years of 62.1% for an average annual equivalent return of 9.9%. W.P. Carey (WPC)Dividend Yield: 4.7%W.P. Carey (NYSE:WPC) is a highly successful real estate investment trust with a diverse collection of properties across segments. But these properties all have in common is the company's signature structure of triple-net sale-leasebacks. This is where W.P. Carey typically acquires a property from a significant company -- or even government entity -- and in turn leases it back to the seller for long-term lease. In addition, the tenant pays the taxes, insurance and general upkeep costs, hence the term "triple-net."This structure has major benefits. To start, W.P. Carey gets established tenants for their leased properties. And with longer-term leases it sets the company up with more dependable income. With the expenses of taxes, insurance and maintenance it reduces costs and uncertainty for the company.Revenues are up for the trailing year by 4.4%. The return on funds from operations, which measures the profitability of just running the properties, is at a very healthy 12.8%.The dividend is yielding 4.7% and the actual distributions have been rising each and every quarter for years. Some estimate that it has been raising dividends since 2001. The stock has generated a trailing five year total return of 77.2% for an average annualized equivalent return of 12.1%.And despite the quality of the company's assets and performance along with that rising dividend distribution, the stock is cheap compared to the general REIT market -- as measured by the Bloomberg U.S. REIT Index. The stock's price is at a mere 2.2 times book which is significantly cheaper than the general market average of 2.74 times. This make W.P. Carey a cheap stock with great assets and a rising dividend. TPG Specialty Lending (TSLX)Dividend Yield: 7.5%TPG Specialty Lending (NYSE:TSLX) provides financing and capital to a variety of companies. TPG Specialty is part of the famous TPG Capital, formally called the Texas Pacific Group. Texas Pacific Group is one of the largest and more successful private equity firms in the world -- and TPG Specialty draws talent and resources from that relationship.Revenues are up on a tear with the trailing year climbing by 24.2%. Its net interest margin, which measure the difference in funding costs against interest earnings, is running at 10% and it keeps its efficiency ratio humming at a profitable 31.5% which means that it costs only 32 cents to earn each dollar of revenue.The company has generated a return of 90.7% over the trailing five years for an average annual equivalent of 13.8%.It pays regular dividends quarterly, providing a yield of 7.5%. But it also regularly pays additional dividends from ongoing profits for a current annual yield of 8.63%. * 7 Stocks to Buy In a Flat Market In addition, since it is also set up under the Investment Companies Act of 1040 and the Small Business Investment Incentives Act of 1980 -- it avoids federal income taxes -- leaving more cash to feed that dividend. The company is cheaply run with great margins and a great dividend stream, making for a good value right now. AT&T (T)Dividend Yield: 3%American Telephone & Telegraph referred to as Ma Bell, or now as AT&T (NYSE:T), is a well-known company. It offers wired and wireless communications, internet and data transmission, satellite and cable content distribution as well as streaming. And oh yes, it comes with a huge content warehouse and generator in WarnerMedia.The direct comparison is Verizon (NYSE:VZ) which is a good dividend stock. But AT&T is way, way cheaper. AT&T's stock is valued at a mere 1.5 times book which is way cheaper than Verizon's stock value of 4.4 times book.Revenue is rising with the trailing year up by 6.4%. And while the company has a lot of components, overall operating margins are running at a fat 15.3% which in turn drives a nice return on equity running at 9.5%.It has built up debt in its acquisition of Time Warner -- but it is manageable at only 33.2% of its assets.The stock has trailed Verizon until recently. Elliott Management announced that it has amassed $3.2 billion of the company's stock. Activist investor Paul Singer wants AT&T to hone its focus and sell some of its superfluous operations. And the market likes what it sees.Over the past five years, the stock has returned 46% for an average annual equivalent return of 7.9%. But for the year-to-date, the stock has returned 34.7%.The dividend is running with a yield of 5.3%. Good and rising dividends, a stock that's cheap compared to its prime rival and a shake-up potentially in the works make AT&T a good buy right now.And now that I've presented some dividend stocks on the cheap, perhaps you might like to see more of my market research and recommendations for further safer growth and bigger reliable income. Click here to learn more.Neil George is the editor of Profitable Investing and does not have any holdings in the securities mentioned above. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Battered Tech Stocks to Buy Now * 7 Strong-Buy Stocks Hedge Funds Are Buying Now * The 7 Best Penny Stocks to Buy The post 5 Cheap Dividend Stocks to Buy appeared first on InvestorPlace.
Compass Diversified Holdings (CODI) (“CODI” or the “Company”), an owner of leading middle market businesses, announced today that it has received the deferred consideration from the sale of its majority owned subsidiary, FHF Holdings Ltd. (“Manitoba Harvest”), to Tilray Inc. (“Tilray”) (TLRY), pursuant to an agreement it entered into on February 19, 2019. Manitoba Harvest shareholders, including CODI, received C$92.5 million, comprised of C$50 million in cash and C$42.5 million in Tilray shares. After the allocation of the sales price to non-controlling equity holders, CODI received approximately C$64 million at the deferred date comprised of cash and Tilray shares.
When most people think of marijuana stocks, the last thing they think of is dividends. The legal marijuana industry is still very young, and new companies in growing industries need money to expand. Furthermore, U.S. investors in the marijuana space tend to currently focus on a handful of Canadian companies which have enjoyed the opportunity to list on U.S. exchanges.
Moody's Investors Service ("Moody's") affirmed Compass Group Diversified Holdings LLC's (NYSE: CODI or "Compass") ratings including the company's B1 Corporate Family Rating (CFR) and B1-PD Probability of Default Rating (PDR). Moody's also affirmed the Ba3 ratings on CODI's senior secured first lien credit facilities ($600 million 5-year revolving credit facility and $500 million principal 7-year term loan B), and the B3 rating on the company's $400 million senior unsecured notes. In addition, Moody's upgraded the company's Speculative Grade Liquidity (SGL) rating to SGL-1 from SGL-2.
The ability to buy it and forget it is the nirvana of investing for retirement. After all, most individual investors don't have abundant amounts of time and skill to do the homework needed on an ongoing basis when it comes to investing for retirement.Source: Shutterstock But by the very nature that you're reading this, you have made the time and the effort to invest beyond just the general stock market.So, while I cannot just give you a list of "buy and forget" stocks, I will steer you towards a collection of stocks in specific industries and markets that have a good track record of delivering growth and income for many years.InvestorPlace - Stock Market News, Stock Advice & Trading Tips A Word On Income and the "Buy and Hold" MethodThe general advice from Wall Street is to just buy and own the S&P 500 Index through mutual funds or ETFs as stocks always go up over time. Most long-term investors don't care about dividends as much as growth. Their argument is that they don't need income, so why have a focus on it until they retire and start to withdraw payments from their accounts?Investors who think this way are missing the fact that dividend income is vital to building a better retirement portfolio. If not taken out, dividends pile up and can be reinvested to build up a portfolio. This brings a growth element to a portfolio when the general stock market is flat or slipping. And it also works to build up overall portfolio balances.Even my most favored stocks are not immune to changes in their businesses, markets or general economic changes. I suggest to my subscribers of Profitable Investing that they merely do a quick review of their own holdings once a month when statements are issued. The review should include a simple question of each holding: would you buy it again and why? If you can't easily answer yes and with a simple explanation of why - then it is time to sell and move on to something else.But now, on to my collection of longer-term buy and own stocks. 5 Stocks to Buy for the Longer HaulI have put together a collection of five stocks to buy that are in diverse markets and pay dividends that range from close to the average of the S&P 500 Index to many multiples more. They are in varied segments ranging from industrial and consumer products, technology, utilities, real estate investment trusts (REITs) and the energy market. And all of them are proven to well-serve their longer-term investors.First, Compass Diversified Holdings (NYSE:CODI) is a holding company that owns a collection of industrial and consumer products companies which it buys, owns, and sometimes sells. Along the way, the company collects lots of cashflows from its underlying companies. In turn, it pays a lion's share of the profits in the form of a big dividend, currently yielding 7.2%.Compass Diversified Holdings (CODI) Total Return Source BloombergCODI shares have delivered a total return since coming to the public market of 324.95% against the S&P 500 index's return of 200.49%Next is Hercules Capital (NYSE:HTGC). This is a Silicon Valley-headquartered company which seeks out new and developing technology companies in its area and beyond. It then works to finance their developments and takes equity participation. HTCG provides guidance in their development including eventual exit strategies through company sales and initial public offerings (IPOs). HTGC stock also pays a bigger dividend which currently yields 9.82%.And the company has delivered a return since coming to the market in 2005 of 292.69% against the return of the S&P 500 Index at 238.4%.Hercules Capital (HTGC) Total Return Source BloombergOn to the energy market in the reliable dividend-paying segment of oil and gas pipelines with Enterprise Product Partners (NYSE:EPD). Enterprise Products owns and operates a massive network of pipeline and related oil and gas infrastructure that is crucial to the growing petroleum industry in the U.S.Enterprise Product Partners (EPD) Total Return Source BloombergEPD generates an increasing amount of revenues and profits which in turn pays a portion in a dividend yielding 5.9%. Since coming to the market in 1998 the company has delivered a return to shareholders of 2,013.15% against the S&P 500 Index return of a mere 290.28%Next is one of the most impressive of U.S. power utility providers, NextEra Energy (NYSE:NEE). This company provides regulated power to customers in Florida. NEE also provides unregulated wind and solar-generated power throughout North America. This combination of reliable cashflows from its regulated business and growth from the unregulated wind and solar generates ample growth in the stock price along with a modest dividend yielding 2.4%.NextEra Energy (NEE) Total Return Source BloombergAnd since 1980 to date, NextEra Energy has delivered a total return with stock price growth and dividend income amounting to 22,218.67% compared to the general return of the S&P 500 Index at 6,797.30%. That's a whole new era of a return for a retirement account.Last up is a favorite REIT that owns and manages college campus facilities and dorms around the U.S. American Campus Communities (NYSE:ACC) is the leading publicly traded college dorm REIT in the U.S. ACC continues to be a very reliable source for dividend income and growth in the underlying property values. It yields 4.02% with a dividend payment that continues to rise by an average of 4.85% per year over the past five years.And since coming to the public market in 2004 to date, the company has delivered a return of 411.11% which compares well against the S&P 500 Index return for the same period of 276.29%.American Campus Communities (ACC) Total Return Source BloombergNow that I have presented my way to invest in the solid long-term focused stocks for growth and income, you might like to see more of my market research and recommendations for further safer growth and bigger reliable income. For more -- look at my Profitable Investing.In addition, if you find yourself in San Francisco on August 15 through 17 - please join me at the MoneyShow where I'll be presenting my economic and market analysis and my latest investment themes and recommendations.Neil George is the editor of Profitable Investing and does not have any holdings in the securities mentioned above, but they may be held in his model portfolios. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 A-Rated Stocks Under $10 * 8 Monthly Dividend Stocks to Buy for Consistent Income * 7 Disruptive Biotech Stocks to Buy for 2025 The post 5 Stocks to Buy and Hold Through Retirement appeared first on InvestorPlace.
Generates Consolidated Operating Performance In-Line with Management Expectations and Sizeable Distributions to Shareholders Increases Total Realized Gains to Shareholders to.
Compass Diversified Holdings (CODI) (“CODI” or the “Company”), an owner of leading middle market businesses, announced today that it plans to release financial results for the second quarter ended June 30, 2019, on Wednesday, July 31, 2019, after the close of market trading. The Company has scheduled a conference call to discuss the results on Thursday, August 1, 2019 at 9:00 a.m. ET. The conference call will feature remarks by Elias J. Sabo, Chief Executive Officer, Ryan J. Faulkingham, Chief Financial Officer, David Swanson, Partner of Compass Group Management LLC (“CGM”), and Pat Maciariello, Partner and Chief Operating Officer of CGM.
Compass Diversified Holdings NYSE:CODIView full report here! Summary * Bearish sentiment is low * Economic output for the sector is expanding but at a slower rate Bearish sentimentShort interest | PositiveShort interest is extremely low for CODI with fewer than 1% of shares on loan. This could indicate that investors who seek to profit from falling equity prices are not currently targeting CODI. Money flowETF/Index ownership | NeutralETF activity is neutral. The net inflows of $14 million over the last one-month into ETFs that hold CODI are not among the highest of the last year and have been slowing. Economic sentimentPMI by IHS Markit | NegativeAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Financials sector is rising. The rate of growth is weak relative to the trend shown over the past year, however, and is easing. Credit worthinessCredit default swapCDS data is not available for this security.Please send all inquiries related to the report to firstname.lastname@example.org.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
Compass Diversified Holdings (CODI) (“CODI” or the “Company”), an owner of leading middle market businesses, announced today that its Board of Directors (the “Board”) has declared a quarterly cash distribution of $0.36 per share on the Company’s common shares (the “Common Shares”). The distribution for the three months ended June 30, 2019 is payable on July 25, 2019 to all holders of record of Common Shares as of July 18, 2019. The Board also declared a quarterly cash distribution of $0.453125 per share on the Company’s 7.250% Series A Preferred Shares (the “Series A Preferred Shares”).
Compass Diversified Holdings (CODI) (“CODI” or the “Company”), an owner of leading middle market businesses, announced today that it has completed the sale of its majority owned subsidiary, CEHI Acquisition Corporation, the parent company of Clean Earth, Inc. ("Clean Earth"), to a wholly-owned subsidiary of Harsco Corporation (HSC), pursuant to an agreement it entered into on May 8, 2019.
It is never too early, and no one is too young, to begin investing. I know, since I began to learn as a small child. I started by learning the basics of how companies issue stock and how stocks are bought and sold on the exchanges. And my learning commenced with building a model portfolio that I would paper trade. And each day I would check the stock prices, which way back then were still listed in the daily papers.Source: Shutterstock I would go on to open a small brokerage account and begin to work with my own money -- all supporting my learning experience. And of course, I would gain and lose along the way as my stocks' prices would rise and fall day by day.Back then, commissions were a lot steeper than today, so my choices were more about what to buy and own. That meant that I had to have a high level of confidence to overcome the costs of buying and selling.InvestorPlace - Stock Market News, Stock Advice & Trading Tips Why Dividends Are ImportantI would later come to appreciate the power of dividends, which worked to bolster my portfolio as they were credited to my account. And this continues through to today, as I remain firmly in favor of focusing on stocks that pay you (and pay you well) through good and rising dividend distributions. * 7 High-Quality Cheap Stocks to Buy With $10 This is an important lesson for young and older investors alike. Dividends continue to be one of the biggest sources of overall total return in the stock market. Take, for example, the performance of the S&P 500 Index over the trailing 20 years.The Index gained in price by 122.3%, but with dividends the return swells to 226.3%, which is 85% more than the price movement alone.S&P 500 Index Total Return Source BloombergThat's a big premium over just investing for price growth. And those dividends worked to cushion returns during bear markets over those same 20 years.For younger investors, remember, it's not just about dividends. It's also about learning more about the underlying businesses of the companies behind the stocks. By investing in the right dividend-paying stocks that also are in distinct industries and markets, you will learn more about how business works.I've put together a small collection of five stocks that pay dividends that range from close to the average of the S&P 500 Index to quite a bit more. They are in varied segments ranging from industrial and consumer products, technology, utilities, real estate investment trusts (REITs) and the energy market. Dividend Stocks to OwnCompass Diversified Holdings Total Return Source BloombergI start with Compass Diversified Holdings (NYSE:CODI). This is a holding company which owns a collection of industrial and consumer products companies which it buys, owns and sometimes sells. And along the way, the company collects lots of cashflows from its underlying companies. It in turn pays a lion's share of the profits in the form of a big dividend -- currently yielding 7.6%.Hercules Capital Total Return Source BloombergNext is Hercules Capital (NYSE:HTGC). This is a Silicon-Valley-headquartered company which seeks out new and developing technology companies in its neighborhood and beyond. It works to finance their developments and takes equity participation, then provides guidance in their development including eventual exit strategies through company sales and initial public offerings (IPOs). It too pays a bigger dividend, which currently yields 9.9%.Kinder Morgan Total Return Source BloombergLet's move on to the energy market -- in the reliable dividend-paying segment of oil and gas pipelines -- with Kinder Morgan (NYSE:KMI). Kinder Morgan owns and operates a massive network of pipeline and related oil and gas infrastructure that is crucial to the growing petroleum industry in the U.S. It generates an increasing amount of revenues and profits, and in turn pays a dividend yielding 4.9%.NextEra Energy Total Return Source BloombergNext is one of the most impressive of U.S. power utility provides -- NextEra Energy (NYSE:NEE). This company provides regulated power to customers in Florida. It also provides unregulated wind and solar generated power throughout North America and beyond. This combination of reliable cashflows from its regulated business and growth from the unregulated wind and solar has been generating ample growth in the stock price, along with a modest dividend yielding 2.4%.American Campus Communities Total Return Source BloombergLast up is a favorite REIT that owns and manages college campus facilities and dorms around the U.S. American Campus Communities (NYSE:ACC) is the leading publicly traded college dorm REIT in the U.S. And it continues to be a very reliable source for dividend income and growth in the underlying property values. It yields 4% with a dividend payment that continues to rise by an average of 4.85% per year over the past five years.These have been some of my favorite dividend stocks. Perhaps next you might like to see more of my market research and recommendations. For more, check out my Profitable Investing. Click here to learn more.Neil George is the editor of Profitable Investing and does not have any holdings in the securities mentioned above. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 7 High-Quality Cheap Stocks to Buy With $10 * 7 U.S. Stocks to Buy With Limited Trade War Exposure * 6 Growth Stocks That Could Be the Next Big Thing Compare Brokers The post 5 Ideal Dividend Stocks for New Investors appeared first on InvestorPlace.
Compass Diversified Holdings (CODI) (“CODI” or the “Company”), an owner of leading middle market businesses, announced today that it will host an investor and analyst meeting on Tuesday, June 25, 2019 at 11:45 a.m. ET in New York. The event will include a presentation by the Company’s 5.11 Tactical® subsidiary. A live webcast of the presentation and slides will begin at 12:15 pm and be available in the Investor Relations section of CODI's website at https://www.compassequity.com.
Compass Diversified Holdings (CODI) (“CODI” or the “Company”), an owner of leading middle market businesses, announced today that Elias Sabo, Chief Executive Officer of CODI, and Ryan Faulkingham, Chief Financial Officer, are scheduled to present at the Morgan Stanley Financials Conference in New York, NY on Tuesday, June 11, 2019 at 8:00 am ET. CODI owns and manages a diverse family of established North American middle market businesses. Each of its current subsidiaries is a leader in its niche market.
CHICAGO, May 17, 2019 /PRNewswire/ -- Sterno Products, the name synonymous with quality and performance in portable food warming for over 100 years, announced today at the National Restaurant Association Show in Chicago, that it is going greener with a commitment to reduce the company's overall carbon footprint associated with keeping food hot. The initiative, which will introduce redesigned chafing fuel cans that use less steel, cardboard and non-renewable resources, aims to reduce Sterno's environmental impact from landfill waste to greenhouse gas emissions, while still producing the same great products that customers rely on.
CHICAGO, May 17, 2019 /PRNewswire/ -- Sterno Products, the name synonymous with quality and performance in portable food warming for over 100 years, today announced from the National Restaurant Association Show in Chicago, the continued expansion of its SpeedHeat line, a flameless, water-activated system that rapidly produces steam to keep food at the ideal temperature. Designed to meet a wider variety of needs for both the home entertainer and catering professional, Sterno will add four new products, including refill packs, additional disposable chafer sizes, and a heavy duty reusable chafer, known as SpeedHeat HD. Last year, Sterno redefined drop-off catering with the introduction of the patent-pending SpeedHeat System that makes catering safer and more efficient than ever.
Moody's Investors Service ("Moody's") said that Compass Group Diversified Holdings LLC's ("Compass" or NYSE: CODI) announcement that it has entered into a definitive agreement to sell its interest in Clean Earth, Inc. ("Clean Earth") for $625 million is credit positive because it will improve CODI's liquidity as the company plans to use a portion of the net proceeds to repay outstanding revolver borrowings. The transaction does not impact CODI's ratings, including its B1 Corporate Family Rating (CFR), SGL-2 speculative grade liquidity rating, or stable outlook because Moody's expects the company's leverage will remain below 5 times over the next 12-18 months.
Compass Diversified Holdings (CODI), an owner of leading middle market businesses, announced today that Compass Group Diversified Holdings LLC (together with Compass Diversified Holdings, “CODI” or the Company”) has entered into a definitive agreement (the “Agreement”) to sell its majority owned subsidiary, CEHI Acquisition Corporation, the parent company of Clean Earth, Inc. ("Clean Earth"), to a wholly-owned subsidiary of Harsco Corporation (HSC). Under the terms of the Agreement, Clean Earth will be sold to Harsco Corporation for approximately $625 million in cash.
At Insider Monkey we track the activity of some of the best-performing hedge funds like Appaloosa Management, Baupost, and Tiger Global because we determined that some of the stocks that they are collectively bullish on can help us generate returns above the broader indices. Out of thousands of stocks that hedge funds invest in, small-caps […]