The Canadian banking industry has had quite a run. Not a single bank has failed in over 20 years, and the largest banks have paid stable or higher dividends for more than a century: Royal Bank of Canada (RY): since 1870Canadian Imperial Bank of Commerce (CM): since 1868Toronto-Dominion Bank (TD): since 1857Scotiabank (BNS): since 1833Bank of [...]

The Canadian banking industry has had quite a run. Not a single bank has failed in over 20 years, and the largest banks have paid stable or higher dividends for more than a century: Royal Bank of Canada (RY): since 1870Canadian Imperial Bank of Commerce (CM): since 1868Toronto-Dominion Bank (TD): since 1857Scotiabank (BNS): since 1833Bank of [...]

America's banks have come a long ways since the 2007-09 financial crisis. They are generally much better capitalized and have sizable capital buffers to absorb losses from unexpected shocks. For example, the Fed's 2019 stress test on the nation's largest and most complex banks indicated that these institutions could maintain adequate capital levels, as well [...]

On March 24, Phillips 66 (PSX) announced its response to the challenging business environment caused by extreme volatility in energy markets and the coronavirus pandemic. Despite facing industry conditions that are worse than the last down cycle in 2016, the firm's dividend remains a priority: "We are taking action to maintain our financial strength to ensure security [...]

America's largest banks have come a long ways since the 2007-09 financial crisis. Based on data from the Federal Reserve, they are well capitalized and have sizable capital buffers to absorb losses from unexpected shocks. The Fed's 2019 stress test on the nation's largest banks such as JPMorgan Chase (JPM) indicated that these institutions could [...]

America's largest banks have come a long ways since the 2007-09 financial crisis. Based on data from the Federal Reserve, they are well capitalized and have sizable capital buffers to absorb losses from unexpected shocks. The Fed's 2019 stress test on the nation's largest banks such as Bank of America (BAC) indicated that these institutions [...]

America's largest banks have come a long ways since the 2007-09 financial crisis. Based on data from the Federal Reserve, they are well capitalized and have sizable capital buffers to absorb losses from unexpected shocks. The Fed's 2019 stress test on the nation's largest banks such as Wells Fargo (WFC) indicated that these institutions could [...]

Shares of Dominion and other utilities have been dragged down with the broader market over the past month, a surprise to many since utility stocks are normally seen as safe havens during a downturn. In fact, Dominion's dividend yield spiked to 6.3% on Monday (its highest level in over a decade) and now sits at [...]

Chevron (CVX) this morning announced a series of actions to preserve capital in response to the unprecedented decline in oil prices. As part of the plan, management pledged to protect the dividend: “Chevron’s financial priorities remain unchanged. Our focus is on protecting the dividend, prioritizing capital that drives long-term value, and supporting the balance sheet.” – Chevron [...]

CBS and Viacom completed their merger in December 2019 to form ViacomCBS (VIAC). The global media and entertainment company creates content and owns a variety of cable and broadcasting networks. Source: ViacomCBS Investor Presentation The coronavirus outbreak has created several headaches for ViacomCBS which seem likely to slow the company's progress in reaching its deleveraging [...]

Paychex (PAYX) provides payroll and human resource services to small- and mid-sized businesses across a wide range of industries. The firm's operations historically generated predictable free cash flow and high margins. Even during the 2007-09 financial crisis, Paychex's payroll services segment only experienced 2-3% annual revenue declines, and its human resources division grew each year. [...]

This morning Total (TOT) announced its response to the $30 per barrel oil environment we are living in. The company plans to maintain its 35-plus year streak of uninterrupted dividends. Management took actions to slash its capital spending by nearly 20%, suspend its share repurchases, and double down on its cost-cutting programs. Source: Total Investor Presentation Together, [...]

Royal Dutch Shell (RDS.B) announced a series of initiatives this morning to improve its cash flow generation. While management did not comment specifically on the dividend, its lack of inclusion in the firm's new capital preservation measures suggests Shell intends to maintain its payout for now.

Dear customer or prospective member, Matt (my business partner) and I want to provide you with an update on how Simply Safe Dividends is responding to the impact of the coronavirus and the turmoil it has caused in financial markets.  The past several weeks have been a trying time for the U.S. and the world. Our [...]

According to the Wall Street Journal, over 38,000 stores around the U.S. have temporarily closed in response to the coronavirus outbreak.  Deemed to sell essential products, Lowe's has not. In fact, two associates we spoke to (including one in Chicago where a shelter-in-place order had gone into effect) described their stores as "slammed" and "really busy". At [...]