112.07 +0.04 (0.00%)
After hours: 4:49PM EDT
|Bid||112.07 x 800|
|Ask||112.36 x 900|
|Day's Range||111.68 - 114.15|
|52 Week Range||94.34 - 128.09|
|Beta (5Y Monthly)||0.42|
|PE Ratio (TTM)||60.36|
|Earnings Date||Jul. 28, 2020 - Aug. 03, 2020|
|Forward Dividend & Yield||3.16 (2.81%)|
|Ex-Dividend Date||Apr. 23, 2020|
|1y Target Est||129.43|
While it's not the end-all indicator of a company's staying power, a company that has consistently raised its dividend for decades is likely one that possesses a durable competitive advantage that allows it to grow its revenue and profits over time. Here are two stocks that have delivered a good balance of capital appreciation and rising dividend payments for more than 25 years. Walmart (NYSE: WMT) currently pays a dividend yield of 1.72%.
Very few stocks do well when the economy is spluttering, so the best option for an investor generally is to find someplace to hide their investment funds while waiting for things to get better. The company provides co-location and interconnection services and owns 225 data centers.
(Bloomberg) -- Amazon.com Inc. says the one- and two-day delivery times that shoppers have come to expect should gradually return in coming weeks as the online retailer catches up from a demand surge tied to the coronavirus outbreak.The company on Sunday lifted restrictions on the amount of inventory its suppliers can send to Amazon warehouses and is shortening delivery times -- which had stretched for weeks for some products since the outbreak began -- back to days. The shares rose 2.1% to $2,406 at 10:42 a.m. on Wednesday.Amazon spends months preparing for the surge in consumer demand that usually comes during the holiday season. The Covid-19 outbreak that closed many retail brick-and-mortar stores and sent millions of shoppers online created a month’s worth of Black Friday spending without warning. Once Amazon fell behind, it took several weeks and hiring 175,000 people to get back on track.“We removed quantity limits on products our suppliers can send to our fulfillment centers,” Amazon spokeswoman Kristen Kish said in an email. “We continue to adhere to extensive health and safety measures to protect our associates as they pick, pack and ship products to customers, and are improving delivery speeds across our store.”Even with the delays, Amazon saw a major spike in sales tied to the coronavirus outbreak because shoppers had so few choices. Amazon, big box stores, supermarkets and pharmacies were among the few businesses deemed essential and allowed to remain open. But the delays were starting to tarnish Amazon’s reputation with its customers and its merchants who supply more than half the goods sold on the site.Quick delivery is central to Amazon’s customer promise, helping it attract more than 100 million people who pay monthly or yearly dues for Prime memberships. Prime members spend more on the site than non-Prime members, making it critical for Amazon to get its delivery times back to normal especially as retail stores begin reopening and shoppers have more options.When Seattle-based Amazon was overwhelmed in April, many shoppers saw the long delivery times and shifted their purchases to pickup curbside options offered by Walmart Inc. and Target Corp., said Anthony Ferry, chief executive officer of PriceSpider, which tracks web traffic for more than 1,600 brands, including consumer staples made by Procter & Gamble Co. and Kraft Heinz Co.“Loyal Amazon shoppers left the site when they saw long delivery times or items were out of stock,” he said. “Buy-online pickup-in store has become a much more enticing and desirable solution when people want something now.”Amazon let employees worried about their safety take time off during the outbreak, which increased absenteeism and aggravated the delays. Some lawmakers, unions and workers have criticized Amazon for not doing enough to protect its warehouse workers and continuing deliveries through the pandemic. Company officials have said repeatedly they have taken multiple steps, including extensive cleaning at facilities, to keep its employees healthy.Long delivery times were beginning to erode Amazon’s stellar brand reputation among consumers, said Juozas Kaziukenas, founder of the New York research firm Marketplace Pulse that monitors the site. Shoppers left 800,000 negative reviews on Amazon’s shopping site in April, double the number in the same month a year ago, with much of the increase attributable to longer delivery times, he said.“Amazon is known for great selection, low prices and fast shipping,” Kaziukenas said. “These all broke during the pandemic. Selection was not always there, prices were not lowest because Amazon sold out, and fast shipping was gone.”Even Amazon’s merchants, many of whom rely on the company to store, pack and ship their products through the Fulfillment By Amazon logistics service, started doing things themselves to quicken the pace of deliveries.Bellroy has been selling wallets, smartphone cases and laptop sleeves on Amazon for seven years and used Fulfillment By Amazon because quick delivery is popular with coveted Prime members. But by the end of March, delivery times for many of its products were as long as 30 days and sales plummeted. Amazon was prioritizing essential items. So Bellroy began packing and shipping many of its products itself, and now does the logistics for about 20% of its sales on Amazon, said Lina Calabria, co-founder and chief operating officer of the company.“When you go to Amazon and see 30-day shipping, our brand is getting mixed in with Amazon’s problems and we don’t want our customers to have a disappointing experience,” she said. ”It seems like we’ve accidentally developed a new strategy for Amazon.”By again reducing its delivery times, Amazon will cut the risk of more merchants defecting from its logistics service, which generated about $14.5 billion, or 19% of its total revenue, in the first quarter. Many sellers are simply waiting for Amazon to clear the delivery clog, said James Thomson, a former Amazon employee who helps merchants sell products on the site through his consulting firm Buy Box Experts.“It doesn’t matter if I advertise on Facebook or Google and redirect people to my site and offer faster delivery than Amazon,” he said. “The biggest problem for a lot of merchants is shoppers just don’t want their products right now.”(Updates with shares in second paragaph.)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
An innovation developed in the corporate R&D labs at P&G that converts lactic acid into bio-based acrylic acid could be a helpful step to shift everyday goods to be made from annually renewable crops. P&G has granted Cargill an exclusive license that allows Cargill to further develop and commercialize this technology, so that it can ultimately be incorporated in a range of applications from superabsorbent polymers in absorbent hygiene products to thickeners in household paints and beyond. The use of bio-based acrylic acid is estimated to reduce greenhouse gas (GHG) emissions and contribute to greener products for years to come – something that is important to a range of stakeholders, including consumers and business leaders.
The international exposure of Unilever may be tempting for investors, but P&G; is better equipped to withstand today's coronavirus-related headwinds.
An update on new leadership at Aurora Cannabis could be in the cards as the company reports its latest financial results on Thursday.
Staples stocks had a decent Q1 earnings season but will see negative currency translations in Q2. Plus, not all players in the sector are immune to coronavirus-led lockdowns.
Clorox chairman and CEO Benno Dorer joins Yahoo Finance to discuss how his business is performing during intense demand for disinfecting products globally.
Today Puffs announced their commitment to spread goodwill and cheer by honoring educators during Teacher Appreciation Week. Kicking off on Monday, May 4, 2020, Nate Berkus will post a tribute to their child’s favorite teacher via a poem crafted by Puffs. Following, consumers are encouraged to join in and pass the love to an educator of their choosing, creating a groundswell of celebration and appreciation for educators throughout the week. Puffs will extend the celebration through a $500,000 donation to national non-profit, AdoptAClassroom.org, helping teachers get the funding they need to purchase supplies and educational tools without teachers spending their own money.
Below are three stocks Berkshire holds that can be great additions to your portfolio today. The company's coming off a strong 2019, in which its adjusted per-share profits were $5.40, well above the $3.57 it reported for the previous year. On DaVita's earnings call in February, CFO Joel Ackerman projected even more growth for 2020, expecting adjusted EPS to fall between $5.75 and $6.25.
One way to prepare for a recession is to add some recession-proof stocks to your portfolio, or simply stocks that have the wherewithal to stand the storm. It's wise to own some recession-proof stocks now. Waste Connections is set to release its first-quarter numbers on May 6.
Procter & Gamble's (NYSE: PG) stock has risen roughly 10% over the past 12 months, outperforming the S&P 500's 0.8% dip over the same time period. As the COVID-19 pandemic spread, consumers bought more of P&G's billion-dollar brands -- including Bounty, Charmin, Crest, Head & Shoulders, Gillette, Pampers, Pringles, and Tide -- as they prepared for prolonged lockdowns and social distancing measures.
The coronavirus crisis would appear to have put the entire U.S. economy on ice. Twenty-six million people have filed for unemployment in just a month, with millions more likely waiting in electronic queues at overtaxed state unemployment systems. Paychecks are arriving for tens of millions of government workers, hospital, sanitation, utility and other employees deemed to be doing essential jobs; an army of employees working from home; and even chefs cooking for carry-out.
Invests US$6 million in two companies in India and Indonesia that recycle local plastic waste into useful products Singapore, Singapore--(Newsfile Corp. - April 28, 2020) - Circulate Capital, the Singapore-based investment management company focused on advancing the circular economy, today announced that the Circulate Capital Ocean Fund (CCOF), the world's first investment fund dedicated to the ocean plastic crisis in South and Southeast Asia, has made its inaugural investments in two plastic recycling companies ...
Director of Fiscal Policy at the American Action Forum Gordon Gray joins Yahoo Finance’s Seana Smith to break down the April jobs report and how some workers are making more on unemployment compared to their wages before the coronavirus pandemic.
EventShares Chief Investment Officer Ben Phillips joins Yahoo Finance’s Seana Smith to discuss the additional 3.169 million Americans that filed for unemployment last week amid the coronavirus.
Dr. Leana Wen, Emergency Physician and Visiting Professor at George Washington University School of Public Health, joins Yahoo Finance’s Seana Smith to discuss the outlook on a timeline for a coronavirus vaccine as more states begin to reopen their economies.