Recent Tweets

/Simply Safe Dividends

About Simply Safe Dividends

This author has not yet filled in any details.
So far Simply Safe Dividends has created 669 blog entries.

Enbridge’s Largest Project Further Delayed But Dividend Safety Profile Remains Unchanged

Enbridge (ENB) investors have had a rough few years, with shares of North America's largest pipeline operator losing more than 20% since early 2015, including dividends. Unfortunately, investors received more bad news earlier this month. On June 3, the Minnesota Court of Appeals overturned approval for an important part of the firm's Line 3 Replacement Project, which [...]

June 15th, 2019|Uncategorized|

Why Phillips 66’s High Yield Continues to Look Safe

Phillips 66 (PSX) shares are down about 30% since their mid-2018 high. As a result, the stock's dividend yield now exceeds 4%, the highest level since Phillips 66 was spun off from ConocoPhillips (COP) in 2012.  Let's take a closer look at why the market has become pessimistic about Phillips 66 and assess why the [...]

June 10th, 2019|Uncategorized|

Lowe’s Long-term Outlook Appears Intact Despite Recent Weakness

Shares of Lowe's (LOW) have slumped more than 15% since the home improvement retailer released earnings on May 22, including the stock's worst-ever single-day loss of 12%. The market is notorious for overreacting to short-term results, even for quality dividend kings such as Lowe's. However, the world of retail is also evolving as e-commerce and trade wars [...]

June 3rd, 2019|Uncategorized|

Altria’s Dividend Continues to Look Safe Despite Recent Cigarette Declines, Regulatory Fears

Longtime tobacco investors know a thing or two about the challenges this industry can face. From regulatory pressures to costly settlement agreements, over the years income investors have had to stomach bouts of severe volatility. In fact, Altria's (MO) share price was nearly cut in half in the early 1990s when the Supreme Court ruled [...]

May 31st, 2019|Uncategorized|

Tanger’s Dividend Safety Profile Downgraded to Borderline Safe Due to Weak Results Across Key Tenants

In March 2019, I published a note reviewing Tanger's dividend safety. In my concluding remarks, I had stated the firm's dividend still looked safe, but investors needed to watch the performance of Tanger's tenants (emphasis added): Tanger's operating results have significantly deteriorated in recent years, driven largely by its exposure to troubled apparel retailers. While Tanger's [...]

May 31st, 2019|Uncategorized|

Opioid Lawsuits Unlikely to Affect Johnson & Johnson’s Dividend Safety

Opioids are a class of drug that includes prescription pain relievers such as OxyContin and Vicodin, synthetic opioids such as fentanyl (similar to morphine but much more potent), and illegal drug heroin.  In 2017 the U.S. Department of Health and Human Services (HHS) declared a public health emergency to address the national opioid crisis. The HHS believes [...]

May 31st, 2019|Uncategorized|

GM’s Dividend Profile Remains Stable Despite Potential Tariff on Mexican Imports

News broke last night that the U.S. will impose a 5% tariff on all Mexican imports beginning on June 10 unless Mexico agrees to do more to address illegal immigration problems.  The tariff will increase 5% each month, reaching a maximum of 25% in October. Trump tweeted the 25% level would hold there "until Mexico [...]

May 31st, 2019|Uncategorized|

Amgen: A Biotech Paying Dividends Since 2011

Amgen (AMGN) was founded in 1980 and is one of the world's leading biotechnology companies with operations in more than 100 countries. The business develops and manufactures treatments for oncology/hematology, cardiovascular, inflammation, bone health, nephrology, and neurological diseases.  About 77% of the firm's sales are derived from the U.S., and Amgen's product portfolio is concentrated [...]

May 24th, 2019|Uncategorized|

Qualcomm Loses Antitrust Case, Retains Borderline Safe Dividend Profile

Shares of Qualcomm (QCOM) fell as low as $49 earlier this year as investors fretted over the significant legal risks the company's core licensing business faced. Simply put, the firm was accused by Apple and others of abusing its monopolistic position in wireless chips and charging excessive royalty rates. Investors received good news in April [...]

May 22nd, 2019|Uncategorized|

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.  [...]

May 20th, 2019|Uncategorized|

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 [...]

May 20th, 2019|Uncategorized|

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 [...]

May 20th, 2019|Uncategorized|

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 [...]

May 20th, 2019|Uncategorized|

Bayer’s Dividend Safety Downgraded in Light of Mounting Liabilities

Shares of Bayer (BAYRY) have slumped nearly 50% over the past year. The German manufacturer of chemicals and pharmaceuticals has remained under pressure following its June 2018 acquisition of Monsanto for $63 billion. Buying Monsanto made Bayer the world's largest seed and crop-chemical business, according to The Wall Street Journal. The firm's agriculture business shot up from [...]

May 17th, 2019|Uncategorized|

A.O. Smith Remains a Hold Following Short Report

Shares of A.O. Smith (AOS) have slumped about 11% over the last two days following a bearish research report released by short seller J Capital Research.  You can read their 66-page report here, but the firm makes the following key allegations against A.O. Smith's business practices and outlook: Short-term performance in China, which accounts for 34% [...]

May 17th, 2019|Uncategorized|