Archer-Daniels-Midland: 43 Straight Years of Dividend Increases

Founded in 1898, Archer Daniels Midland (ADM) procures, transports, and processes corn, oilseeds, wheat, and other commodities which are turned into products for food, beverage, animal feed, chemical, and energy uses around the world.  The firm's end products include vegetable oil, protein meal, flour, corn sweeteners, starch, ethanol, and many other food and feed ingredients.  Archer Daniels Midland has an extensive global network of over 750 processing, distribution, and storage facilities, which it uses to efficiently transport and process various commodities and products for customers around the word.  The company operates through four main business segments: Oilseeds (44% of operating profit): processes soybeans and soft seeds into vegetable oils and protein meals. These products can be sold “as is” or further [...]

May 20th, 2019|

Kinder Morgan: Working to Deliver More Reliable Dividends

Since 1997, Kinder Morgan (KMI) has spent more than $60 billion building one of North America's largest midstream infrastructures, providing gathering, storage, transport, and processing services to the oil & gas industry. Kinder Morgan's immense footprint (84,000 miles of pipelines and over 150 distribution and storage terminals) means the company is vertically integrated into almost all parts of the North American oil & gas industry, including:  Every major gas and oil shale formationThe liquified natural gas (LNG) export industryThe oil & gas export industryThe petrochemical industry Providing CO2 for enhanced oil recovery Natural gas pipelines generate 61% of Kinder Morgan's EBITDA, and products pipelines (15% of EBITDA – transports refined products, oil, and natural gas liquids) and terminals (14% of EBITDA [...]

May 20th, 2019|

Federal Realty Investment Trust: A Dividend King REIT

Founded in 1962, Federal Realty Investment Trust (FRT) is one of the oldest REITs in the world. The company specializes in high-quality, neighborhood shopping centers that are anchored by grocery stores and located in large, affluent markets such as Silicon Valley and New York. Today the REIT owns 104 properties, comprising 24 million square feet of leasable area which is under long-term leases to over 2,900 tenants in numerous subcategories. As you can see, Federal Realty's cash flow is highly diversified. No single retail category exceeds 10% of the REIT's operating income, and no tenant is greater than 3% of rent. About 65% of the firm's rent is from tenants who operate in relatively e-commerce resistant industries like grocery stores, [...]

May 20th, 2019|

Cummins: Paying Higher Dividends Since 2006

Founded in 1919 in Columbus, Indiana, Cummins (CMI) is the largest dedicated global industrial diesel and natural gas engine manufacturer.The company’s primary markets are highway and heavy-duty vehicles, construction, and general industrial markets, where it serves customers such as Chrysler, Daimler, Volvo, PACCAR, Navistar, CNH Global, Komatsu, and Ford. PACCAR is the largest customer accounting for 15% of 2018 sales. Daimler and Navistar are the next largest customers, and collectively its four largest OEM clients accounted for 35% of last year's revenue. Most of this business is secured under long-term supply deals.The company's products are sold in more than 190 countries via its network of 600 company-owned and independent distributor locations and over 7,600 dealers.  About 60% of Cummins’ revenue [...]

May 20th, 2019|
Load More Posts