Advertisement
Canada markets open in 1 hour 56 minutes

  • S&P/TSX

    22,259.47
    +312.06 (+1.42%)
     

  • S&P 500

    5,180.74
    +52.95 (+1.03%)
     

  • DOW

    38,852.27
    +176.59 (+0.46%)
     

  • CAD/USD

    0.7311
    -0.0010 (-0.14%)
     

  • CRUDE OIL

    78.15
    -0.33 (-0.42%)
     

  • Bitcoin CAD

    87,555.10
    -393.77 (-0.45%)
     

  • CMC Crypto 200

    1,328.76
    -36.37 (-2.66%)
     

  • GOLD FUTURES

    2,323.80
    -7.40 (-0.32%)
     

  • RUSSELL 2000

    2,060.67
    +24.95 (+1.23%)
     

  • 10-Yr Bond

    4.4890
    -0.0110 (-0.24%)
     

  • NASDAQ futures

    18,158.50
    -37.00 (-0.20%)
     

  • VOLATILITY

    13.56
    +0.07 (+0.52%)
     

  • FTSE

    8,297.55
    +84.06 (+1.02%)
     

  • NIKKEI 225

    38,835.10
    +599.03 (+1.57%)
     

  • CAD/EUR

    0.6787
    -0.0005 (-0.07%)
     

Wall Street Fundamentals Releases New In-Depth Stock Reports on HPQ, LO, MO and RTN

ACCESSWIRE

Low interest rates have increased the appeal of dividend-paying stocks amongst investors in 2014. The iShares Select Dividend ETF (NYSEARCA:DVY - News) is up 2.63 percent year-to-date, compared to a loss of 0.99 percent for the Dow. "We're giving more weight to dividends just because we don't really see the engines of [economic] growth there," said Scott Armiger, chief investment officer of Christiana Trust, a division of WSFS Bank, "A sustainable dividend puts a floor under the price of the stock." 10-year Treasury notes currently offer a yield of approximately 2.73 percent, which is down from 3.0 percent at the beginning of 2014. Here is how some dividend yielding stocks reacted Friday:

Hewlett-Packard Company (NYSE:HPQ - News) shares traded in the range of $32.41 to $33.48 Friday before settling to close at $32.64, a decrease of 1.09 percent. The stock appears to be facing some resistance at $33.61 with some support at the $31.86 and $30.48 levels. The company currently offers an annual dividend of $0.58 for a yield of roughly 1.78 percent. Shares of Hewlett-Packard have gained approximately 16.0 percent year-to-date.

More information on Hewlett-Packard and access to the free equity report can be found at:
www.WallStreetFundamentals.com/HPQ

Lorillard Inc. (NYSE:LO - News) shares traded in the range of $52.84 to $53.75 Friday before settling to close at $53.41, an increase of 2.04 percent. The stock appears to be facing some resistance at $55.26 with some support at the $53.00 and $52.03 levels. The company currently offers an annual dividend of $2.46 for a yield of roughly 4.61 percent. Shares of Lorillard have gained approximately 5.0 percent year-to-date.

ADVERTISEMENT

More information on Lorillard and access to the free equity report can be found at:
www.WallStreetFundamentals.com/LO

Altria Group Inc. (NYSE:MO - News) shares traded in the range of $37.51 to $37.90 Friday before settling to close at $37.57, a decrease of 0.05 percent. The stock appears to be facing some resistance at the $37.69 and $37.83 levels with some support at $37.49 and $37.11. The company currently offers an annual dividend of $1.92 for a yield of roughly 5.11 percent. Shares of Altria Group have fallen approximately 2.0 percent year-to-date.

More information on Altria Group and access to the free equity report can be found at:
www.WallStreetFundamentals.com/MO

Raytheon Company (NYSE:RTN - News) shares traded in the range of $97.50 to $100.81 Friday before settling to close at $97.61, a decrease of 2.43 percent. The stock appears to be facing some resistance at the $98.75 and $96.77 levels with some support at $96.77 and $95.10. The company currently offers an annual dividend of $2.42 for a yield of roughly 2.48 percent. Shares of Raytheon have gained approximately 8.0 percent year-to-date.

More information on Raytheon and access to the free equity report can be found at:
www.WallStreetFundamentals.com/RTN

Wall Street Fundamentals offers our members a full range of investor services including in-depth equity reports on your favorite companies and timely market updates featuring the hottest stocks trending in the marketplace.

Activate your always free membership by signing up at www.WallStreetFundamentals.com today.

Disclaimer: Information, opinions and analysis contained herein are based on sources believed to be reliable, but no representation, expressed or implied, is made as to its accuracy, completeness or correctness. The opinions contained herein reflect our current judgment and are subject to change without notice. We accept no liability for any losses arising from an investor's reliance on or use of this report. This report is for information purposes only, and is neither a solicitation to buy nor an offer to sell securities. Certain information included herein is forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements concerning manufacturing, marketing, growth, and expansion. Such forward-looking information involves important risks and uncertainties that could affect actual results and cause them to differ materially from expectations expressed herein. Wall Street Fundamentals has no financial relationship with any company whose stock is mentioned in this release.

Contact:
Wall Street Fundamentals
Website: www.WallStreetFundamentals.com
Email: editor@wallstreetfundamentals.com