Genuine Parts: 63 Straight Years of Higher Dividends

Founded in 1928, Genuine Parts Company (GPC) is one of the largest replacement part makers in the automotive, industrial, office equipment, and electronics industries. The company markets its products in the U.S., Canada, Australia, New Zealand, and Mexico through a large network including over 100 North American auto and industrial distribution centers and over 6,700 NAPA auto parts stores worldwide. Genuine Parts Company’s sales are derived from a diverse group of well-known industry brands including NAPA auto parts, Motion Industries (industrial components), and SP Richards & Company (office products).

March 29th, 2019|

McDonald’s: A Quality Dividend Aristocrat

Founded in 1940, McDonald's (MCD) is the world's largest quick-serve restaurant chain, with about 37,000 locations in more than 100 countries. Approximately 93% of its locations are franchised, meaning the stores are owned and operated by independent business owners. The company's goal is to eventually have 95% of its stores franchised. Under a typical franchise arrangement, McDonald's owns the land and building or secures a long-term lease for the restaurant location, and the franchisee pays for equipment, signs, seating, and décor. The company believes that ownership of real estate, combined with the co-investment by franchisees, enables it to achieve restaurant performance levels that are among the highest in the industry. Franchisees are responsible for reinvesting capital in their businesses over [...]

March 29th, 2019|

Hormel Foods: Uninterrupted Dividends Since 1928

Hormel Foods (HRL) was founded in 1891 and has proven to be one of the most resilient food providers in the world. The company’s brands include Skippy peanut butter, SPAM meat, Dinty Moore stew, Wholly Guacamole dips, Jennie-O turkey, and numerous Hormel-branded meat products. Perishable products (fresh meats, frozen items, refrigerated meals) account for 56% of Hormel's revenue, followed by poultry (19% – turkey), shelf-stable goods (19% – canned meats, peanut butter, hash, stews, chips, etc.), and miscellaneous products (6% – nutritional food products, dessert and drink mixes, etc.).

March 29th, 2019|

Is VEREIT’s Dividend Safe?

VEREIT (VER) offers a high dividend yield near 6.5%, making the REIT potentially attractive for many income investors. However, with VEREIT's dividend frozen since 2015 and its adjusted funds from operations (AFFO) per share expected to decline for a fifth straight year in 2019, how safe is VEREIT's dividend? Let's take a closer look at the business and its long-term dividend safety profile.

March 29th, 2019|
Load More Posts