Reply To: Traders Market Weekly: Valuation Matters in Earnings Season


Dividend watch:

Some of the notable companies forecast to boost their dividend payouts next week include Goldman Sachs (GS) to $2.50 from $2.00, Marsh & McLennan Companies (MMC) to $0.595 from $0.535, Morgan Stanley (MS) to $0.775 from $0.70, State Street (STT) to $0.63 from $0.57, Molson Coors (TAP) to $0.42 from $0.38,Bank of New York Mellon (NYSE:BK) to $0.37 from $0.34, Conagra (CAG) to $0.3375 from $0.3125, and Ryder (R) to $0.62 from $0.58. Amid the market turmoil, money manager Adviser Investments recommends financially sound companies that are likely to continue lifting payouts. The firm’s dividend strategy holdings include Microsoft (MSFT), Apple (AAPL), Costco Wholesale (COST), JPMorgan Chase (JPM), Nike (NKE), Procter & Gamble (PG), and PepsiCo. “Those well-capitalized companies that continue to increase their dividends through recessions are the companies you want to own,” noted analyst Josh McCourt.