|Bid||102.75 x 900|
|Ask||102.76 x 2200|
|Day's Range||101.50 - 102.91|
|52 Week Range||70.73 - 102.91|
|Beta (3Y Monthly)||0.22|
|PE Ratio (TTM)||24.93|
|Earnings Date||Apr 17, 2019 - Apr 22, 2019|
|Forward Dividend & Yield||2.87 (2.83%)|
|1y Target Est||98.07|
What's Ahead for Church & Dwight and Clorox?(Continued from Prior Part)Valuation a concernThe majority of analysts covering Church & Dwight (CHD) and Clorox (CLX) stock maintain a neutral outlook despite better growth prospects among peers.
Positive development on the trade war front and the Fed???s dovish monetary stance are likely to be long-term catalysts for the blue-chip index.
The Dow Jones Industrial Average takes a fair amount of criticism from market pundits and financial experts. Some of that criticism is justified and often stems from just how the index its weighted. But you can't deny that the Dow Jones stocks are still some of the most important companies in the entire U.S. and overall world. With the thirty Dow Jones stocks being powerhouses in their respective fields, they feature enviable moats, large cash flows and big-time profits.And yes, stable and growing dividend payments.Overall, the Dow Jones stocks can be an income seeker's best friend. And just buying the index can lead to some good results. The index tracking SPDR Dow Jones Industrial Average ETF (NYSEARCA:DIA) pays a decent 2.25% yield. That's not too shabby at all. However, investors who are serious about finding more income need to dig deeper into Dow Jones stocks and take a look at individual names.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 10 Stocks on the Rise Heading Into the Second Quarter But which ones? Here are five of the best Dow Jones dividend stocks to buy today. Top Dow Jones Dividend Stocks: Cisco Systems (CSCO)Source: Shutterstock Dividend Yield: 2.63%Dow Jones stock Cisco Systems (NASDAQ:CSCO) is proof that old dogs can learn new tricks and that tech's elder statesmen still have plenty of growth behind them.After being the go-to networking firm during the dotcom days, CSCO switched gears to offer more services and other products to go along with their networking equipment. It turns out this was a great idea. Services revenues for the firm continue to surge. Even better is that subscriptions for software and services jumped to be 65% of Cisco's non-equipment revenues. These reoccurring revenues provide the firm with a long runway to keep growth going. And with reoccurring and services profit margins well into the double digits, Cisco has indeed been growing.The firm managed to see double-digit non-GAAP per share growth in the last quarter.And as expected, CSCO has been sharing its growth with shareholders. Since its first dividend payout in 2011, Cisco has upped its dividend by over 480%. That includes the 6% jump at the beginning of this year. This dividend growth rate puts the networking firm in very elite company among Dow Jones stocks.Add in its hefty buyback programs and continued revenue/cash flow growth, CSCO belongs in every income investor's portfolio. Pfizer (PFE)Source: Kojach Via FlickrDividend Yield: 3.45%Like Cisco, pharmaceutical firm Pfizer (NYSE:PFE) has been able to find growth and additional sources of revenue in recent years. Like many pharmaceuticals, PFE was facing a major patent cliff as several of its blockbusters -- such as Lipitor and Viagra -- went off patent. However, PFE was able to fill those holes with several other major product launches as well as targeting biosimilars and generic drugs. New cancer and recently launched biotech drugs have set the firm back on the path to growth once more. And with a robust pipeline, PFE should continue to shine in the future.And those drugs will get a chance to shine pretty bright thanks to a spin-off/merger.Pfizer already spun-out its slow-moving animal health division as Zoetis (NYSE:ZTS). However, the firm announced that it plans on merging its consumer health division with GlaxoSmithKline's (NYSE:GSK). The deal will push some of the boring and slow-growing pieces of its pie outwards and let the higher-margined drugs shine. This should strengthen its cash flows and dividends further. * 5 of the Best Stocks to Buy Under $10 And speaking of those dividends, PFE recently upped its payout by 5.88% on the back of robust cash flows and increased earnings from its new drugs. That dividend represents the company's 322 consecutive payout and its ninth year of annual dividend increases. Top Dow Jones Dividend Stocks: Chevron (CVX)Source: swong95765 via Flickr (Modified)Dividend Yield: 3.58%Big oil is a great place to find big dividends. That includes top Dow Jones stocks like Chevron (NYSE:CVX). CVX has long been a great place to find higher yields and more recently that yield has gotten better.Like many energy stocks, Chevron dug in deep and cut costs, reduced its drilling and focused on profitable long-term production efforts during the last oil rout. With many of these projects now starting to produce some hefty natural gas and oil, CAPEX spending at the oil giant has decreased. Meanwhile, higher overall oil prices have helped boost cash flows at the firm. All of which has made its dividend that much stronger.After several years of token dividend increases, CVX has finally gotten back to meaningful raises and upped its payout by 6.25% at the start of the year. Today, CVX yields a high 3.58%. That's all thanks to rising cash flows and better margins.Even better is that the firm has recently announced that it plans on doubling down its exposure to low-cost shale in the Permian Basin. Over the next four years, CVX plans on doubling its output in the region to more than 900,000 barrels per day. Given how juicy margins are in the shale, this will only help the firm and its investors further.After a rocky patch, Chevron is back on track to being one of the top Dow Jones stocks. Top Dow Jones Dividend Stocks: JPMorgan Chase & Co (JPM)Source: Shutterstock Dividend Yield: 3%When it comes to banks in the Dow Jones, JPMorgan (NYSE:JPM) can't be beaten. As the nation's largest bank, JPM features a huge competitive advantage, large moat and an asset base that only a few competitors can even come close to. And that base continues to get better.Last quarter, JPM managed to see its loans and deposits grow by 2% and 3%, respectively. Meanwhile, credit card sales jumped by 10% year-over-year. This is wonderful news for the bank. Banks like JPM profit from something called net-interest margins. Basically, it's the difference between what they charge on loans and what they hand back on deposits. With rates rising and the economy growing, this has been a boon to JPM's cash flows over the last year or so.Meanwhile, the firm continues to benefit from rising trading, asset management, corporate and high net worth/private banking growth. All of which has helped grow the bank at superb rates. Fellow InvestorPlace contributor Tom Taulli recently highlighted J.P. Morgan's amazing ability to generate strong returns on tangible common equity -- besting many of its peers by a wide margin. * 7 Video Game Stocks on Steep Discount With the bank trading at 3% yield and a forward price-to-earnings ratio of just 10, JPM is one heck of a bargain. And with its ability to generate strong returns and cash flows, income seekers should be snagging up shares of this Dow Jones stock with both hands. Top Dow Jones Dividend Stocks: Procter & Gamble (PG)Source: Mike Mozart via Flickr (Modified)Dividend Yield: 2.8%When it comes to Dow Jones stocks, boring can be beautiful. Consumer products giant Procter & Gamble (NYSE:PG) is a testament to that. Selling Crest toothpaste, Tide laundry soap and Bounty paper towels isn't a very exciting business, but it is stable. And over the decades, that stability has made PG a dividend machine. The firm has managed to raise its dividend for 62 consecutive years and currently offers a hefty 2.8% dividend yield.The best part is that PG has continued to try and improve its business and add some significant innovation to its portfolio.That turnaround is paying benefits in a big way. The firm has managed to pick up some meaningful market share versus rivals, with organic growth growing by over 4%. This was driven by product innovation and is now the second quarter of 4% organic growth. Meanwhile, cost cutting exercises and a lower overall tax rate helped boost margins to 22%. Overall, Procter & Gamble managed to crush expectations when it came to earnings-per-share. With the big beat, it helped cement that PG's turnaround is working.Also underscoring that fact further was Procter & Gamble's massive $4 billion in operating free cash flows.For investors, PG stock isn't insanely exciting, but it can provide a steady stream of dividend growth for years to come. And that makes it one of the best Dow Jones stocks for income seekers.At the time of this writing, Aaron Levitt did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Invincible Stocks Leading The Bull Market Higher * 5 Dow Jones Stocks Coming to Life * 7 of the Best High-Yield Funds for 2019 and Beyond Compare Brokers The post 5 of the Best Dow Jones Stocks to Buy for Solid Dividends appeared first on InvestorPlace.
What's Ahead for Church & Dwight and Clorox?(Continued from Prior Part)Top line to sustain momentum Clorox (CLX) could continue to report healthy sales growth despite pressure on net sales from currency volatility. Management expects its top
What's Ahead for Church & Dwight and Clorox?(Continued from Prior Part)CHD’s top line could continue to grow Church & Dwight (CHD) has impressed investors with its stellar sales performance in the recent past. The company’s top line has
What's Ahead for Church & Dwight and Clorox?Stock performance Church & Dwight (CHD) and Clorox (CLX) have underperformed peers so far this year as margin woes and high valuations are keeping investors on the sidelines. However, we expect
I didn't think it could get much worse for Kraft Heinz (NASDAQ:KHC), but it did. Standard and Poor's put the company on CreditWatch negative for failing to file its annual report with the SEC. Down went Kraft Heinz stock hitting a 52-week and all-time low. Source: Mike Mozart via FlickrInvestorPlace - Stock Market News, Stock Advice & Trading TipsIf there was any doubt that KHC was in the fight of its life, yesterday's dressing down by the credit rating agency is a glaring illustration of how far it has fallen in the past 12-24 months. So, why then did I recently pen 7 Reasons Kraft Heinz Stock Is a Contrarian Buy?Because despite everything, I do believe that Kraft Heinz can be turned around -- but only if these three things are done by the end of 2019. Restore the Balance SheetCompanies that get put on CreditWatch negative are often downgraded (50% chance) within 90 days of going in the credit rating doghouse. While the optics of a $39 billion market cap getting downgraded stings, the financial implications are much worse. In the case of Kraft Heinz, it has way too much debt. As I stated in my February article about Kraft Heinz stock being a contrarian buy, the company has long-term debt of $30.9 billion and just $1.1 billion in cash. With almost no free cash flow, it's going to have to sell some of its brands to pay down debt. * 7 Financial Stocks to Invest In Today Consider this, while Kraft Heinz's long-term debt is 79% of its market cap, General Mills (NYSE:GIS) has $12.2 billion in long-term debt or 43% of its market cap. Despite making a game-changing acquisition of Blue Buffalo last year for an eye-popping $8 billion, its balance sheet is still much stronger than Kraft Heinz's. Get that down below 50% and investors will warm to Kraft Heinz stock. Fire the CEOI read a great article recently by Forbes contributor Rober Wolcott that talks about Kraft Heinz's controlling owners, 3G Capital, needing to step up to the plate and lead with courage. Walcott wrote March 15:"It's not too late for Kraft Heinz. I personally know some talented executives still with the company. Their iconic brands haven't vanished, but even icons need to continually earn relevance.…To return to growth, Kraft Heinz must turn their cost obsession into prudence and recognize that long-term prosperity requires long-term investment."Easier said than done. Once a cost cutter, always a cost cutter. However, if it doesn't want to lose investors completely, it's got to reverse course immediately. The best way to do that is to fire existing CEO Bernardo Hees, a 3G lieutenant, and replace him with someone who's got a long history of product innovation and rarely if ever worked for a cost cutter.As former Unilever (NYSE:UN) CEO Paul Polman said in 2017:"Any CEO can decide to think long term. I think it is courageous leadership that is missing."Wolcott's right. Kraft Heinz is missing courageous leadership. It needs that now more than ever. Focus on Power BrandsProcter & Gamble (NYSE:PG) did it. Diageo (NYSE:DEO) did. Church & Dwight (NYSE:CHD) has always done it. So, there's no doubt that Kraft Heinz can do it. With a little leadership, of course. First, I would identify the top brands by revenues and operating profits. There's no point putting money and effort into a brand that's only got $200 million in sales and is barely profitable. On the other hand, a brand with the same amount of revenue, but good growth prospects and higher operating profits, is worth keeping.Secondly, I wouldn't hesitate to sell both the Kraft and Heinz brands if the writing is on the wall. That said, I doubt either brand is ready for the trash bin. But don't be afraid to make the big decisions even if it means giving up part of your history. Third, I would pour more money into Springboard, Kraft Heinz's platform for growth. 3G Capital are private equity investors. They, more than most, should understand the idea of making an acquisition that becomes the foundational piece of a new growth platform. Little investments can grow into big ones over time. Think 10-20 years down the road and innovation becomes an everyday thought. The Bottom Line on Kraft Heinz StockWarren Buffett, who I respect immensely, has fallen down on the job when it comes to Kraft Heinz. Not so much because of the losses his company's taken as a result of Kraft Heinz's deteriorating business, but because he's failed to push for change when change is so obviously needed. * Top 7 Service Sector Stocks That Will Pay You to Own Them He's a loyal person so that might be tough but if Kraft Heinz doesn't do all of the above -- and soon -- it's long-term health is very much in question. At the time of this writing Will Ashworth did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Financial Stocks to Invest In Today * 7 Single-Digit P/E Stocks With Massive Upside * 5 Chip Stocks on the Rise Compare Brokers The post Kraft Heinz Needs to Do These 3 Things Right Now appeared first on InvestorPlace.
Moody's Investors Service today assigned a Green Bond Assessment (GBA) of GB1 (Excellent) to the $185 million Exempt Facility Revenue Bonds (PureCycle:Ohio LLC Project), Series 2019, to be issued by Southern Ohio Port Authority (the Issuer), with the purpose of funding the construction of a plastic recycling facility by PureCycle: Ohio LLC (the Company), including capitalized interest, and meeting related issuance cost and debt service reserve requirements. The assessment is driven by our expectation that the proceeds of the bonds will be used entirely to fund the construction of the plastic recycling facility, including capitalized interest, and to fund the debt service reserve requirements and issuance costs. The PureCycle facility qualifies as green under the GBP, because the process recycles plastic waste, minimizes landfill use and consumes significantly less energy than the traditional resin production life cycle.
PureCycle Technologies is stepping up an effort to open an Ohio plant that would use a polypropylene plastic recycling process based on patented technology developed by Procter & Gamble Co.
Does Trump’s America Have Space for 'Great' Companies?President Donald Trump Over the last couple of days, President Donald Trump has severely criticized the largest US automaker, General Motors (GM). In a series of tweets, Trump asked GM to either
Procter & Gamble Co. is teaming with popular basketball broadcaster Dick Vitale in a new commercial that promotes the role Bounty paper towels can play in watch parties during March Madness. The Cincinnati-based maker of consumer goods (NYSE: PG) recruited Vitale, 79, an enthusiastic color commentator also known as Dickie V, to narrate a recipe for Cheesy Broccoli Bacon Fritters. During the 1-minute commercial that P&G posted today to Bounty’s Twitter channel, Vitale touts the paper towel brand as a key ingredient in prep work, cooking and clean-up during the annual NCAA college basketball tournament. “Here we are in our kitchen arena, ready to make some big plays with a special assist from the quicker picker upper,” Vitale says as a roll of Bounty is shown.
A former Procter & Gamble Co. executive has been hired as chief medical officer of Corcept Therapeutics Inc., which is engaged in the discovery and development of drugs to treat metabolic, oncologic and psychiatric disorders.
Basketball Mayhem is in full swing, and Bounty, the Quicker Picker Upper, is teaming up with Hall of Fame College Basketball Analyst and recent Sports Emmy Lifetime Achievement Award honoree, Dick Vitale, to put his signature spin on a recipe series designed for the quick, impromptu nature of the tournament. For the first-time ever, Vitale will take his legendary commentating skills from basketball to bacon in a quick and delicious Cheesy Broccoli Bacon Fritter recipe video that’s perfect for watch parties. The video is one of a two-part series in partnership with BuzzFeed’s Tasty®, the world’s largest social food network that makes cooking and food more accessible.
Despite its long history, Cisco Systems (NASDAQ:CSCO) may have only just begun. Cisco stock once flew so high that it briefly attained the largest market cap. After the end of the dot-com boom, CSCO languished for years.Source: Shutterstock However, CSCO stock has taken on a new identity as a dividend-paying stock focused more on software and security. As a result, it appears positioned to benefit from the growth of 5G wireless technology.Between the dividend and the emergence of 5G, CSCO appears set to become one of the essential growth and income stocks.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 15 Stocks That May Be Hurt by This Year's Big IPOs Cisco: The Income StockI once had quite a history with Cisco stock. I bought shares in 1997, and I was thrilled when they had risen eightfold in just over two years thanks to the dot-com boom. Depressingly, I then watched most of my gains melt away over the next year and a half before I finally sold for a more modest profit.Much like I have become a different investor, Cisco has become a different company. The old Cisco focused on hardware. Today, the emphasis has shifted to software and security. Moreover, the Cisco of old focused on investments, buying companies, and inspiring a higher stock price. Today's Cisco trades 36% below its record high of 19 years ago and emphasizes its rising dividend.As for the payout, the company will pay out $1.40 to shareholders this year. This places the current yield at almost 2.7%. Moreover, CSCO has hiked the payout every year since the stock began paying dividends in 2011. Those who have held since 2011 earn a double-digit percentage yield. It would surprise me if CSCO stock did not become attain dividend aristocrat status (meaning 25-plus years of dividend hikes) in 17 years. Poised for More GrowthThis does not mean I advocate writing off Cisco stock as a stodgy Dow 30 equity. CSCO will produce necessary products and generate dividends. That said, I do not think Cisco will become more like Dow peers Procter & Gamble (NYSE:PG) and 3M (NYSE:MMM) than growth stocks such as Square (NYSE:SQ) or Netflix (NASDAQ:NFLX).However, I expect Cisco's products to generate more investor enthusiasm, and with that, more growth to add to the income stream. Wall Street forecasts profit increases of 18.1% this year and 10.1% the next. Moreover, CSCO has attained something unimaginable with the old Cisco stock--a low price-to-earnings (PE) ratio. Today, CSCO stock maintains a forward multiple of about 15.4.That appears cheap when considering the role Cisco will play in the 5G space. CSCO has created a "Cloud-to-Client" solution for 5G. This will affect the network at every level. It offers a seamless 5G solution end-to-end that will enhance security while optimizing speed and performance. This should drive profit increases as Cisco stock moves into the next decade--and the next quantum leap in wireless tech. Concluding Thoughts on Cisco StockExpect 5G to turn Cisco into the quintessential growth and income stock. Put simply, this is not the dot-com boom CSCO. This one-time growth stock has morphed into a more conservative, dividend-oriented company. Payouts have increased every year since 2011. With these rising payouts, it could eventually become a dividend aristocrat. Moreover, with its move into 5G, double-digit profit increases have returned.However, the real benefit may come as 5G represents the next great quantum leap in wireless technology. We already know 5G will probably equip every appliance, light fixture, and meter with wireless technology. However, the real power could come from what we do not imagine.Few could have imagined all of the apps that would come about when Apple (NASDAQ:AAPL) introduced the iPhone in 2007. Investors should expect the same, surprising level of innovation as 5G becomes more prevalent.I do not know what products will emerge. However, regardless of what creation comes about CSCO could serve as the backbone to that technology. Even beyond the financials, that function could become reason enough to buy Cisco stock.As of this writing, Will Healy did not hold a position in any of the aforementioned stocks. You can follow Will on Twitter at @HealyWriting. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 5 of the Best Stocks to Buy Under $10 * 7 Single-Digit P/E Stocks With Massive Upside * 7 Best Quantum Computing Stocks Trading Today Compare Brokers The post Cisco Stock Is a Great Equity Buy and a Great Growth Buy appeared first on InvestorPlace.
After achieving its 2020 goal of delivering 15 billion liters one year early, the Company increases its target to 25 billion liters of clean water by 2025
Colgate (CL) increases quarterly dividend from 42 cents per share to 43 cents. The company is also progressing well with the Global Growth and Efficiency Program.
Will the Uptrend in Procter & Gamble Stock Continue?(Continued from Prior Part)Analysts maintain a neutral outlook Procter & Gamble’s (PG) better-than-expected sales and earnings in the first half of fiscal 2019 have driven its stock
Wipes, as in those moist towelettes used to clean the bottoms of babies and, increasingly, adults. Now, a watershed moment may be approaching, as cities from Melbourne to Baltimore to Detroit finger flushable wipes for a growing number of blockages. In February, New York City launched a $2 million campaign, complete with subway ads, telling residents to “respect the flush” and trash even wipes labelled flushable.
Gillette (PG), in partnership with international recycling leader TerraCycle, announced for the first-time in the United States that all brands of disposable razors, replaceable-blade cartridge units and razor plastic packaging are recyclable on a national-scale. Gillette Razor Recycling Program - Participants wishing to recycle their razors from home are invited to sign up on the program page https://www.terracycle.com/en-US/brigades/gillette. When ready to ship their waste, they can simply download a self-funded TerraCycle tracking label, package the razors in a secure, puncture-proof package and send it to TerraCycle for recycling.
Procter & Gamble Co. will sell a limited-edition of shampoo and conditioner bottles made of 25 percent beach plastic.
Will the Uptrend in Procter & Gamble Stock Continue?(Continued from Prior Part)Strong positive surprise history Procter & Gamble (PG) could continue to impress with its bottom line performance despite pressure on its margins. The company’s