Chevron (CVX) shares fell 5% on Friday after management announced a $33 billion deal to buy Anadarko Petroleum (APC).  As a result of this cash-and-stock acquisition, Chevron's debt load will increase and its payout ratio will rise. Let's take a closer look at why the company wants to buy Anadarko and how the transaction affects Chevron's dividend safety profile. 

Last week Walgreens (WBA) shares fell 13% and reached a five-year low after the pharmacy chain reported a big earnings miss and reduced its guidance. WBA's dividend yield also spiked above 3% to its highest level ever. Let's review why the market has turned so bearish on Walgreens to see if the company's dividend remains safe and whether or not its long-term outlook appears to remain intact.

JPMorgan Chase (JPM) is one of the world's oldest banking institutions, tracing its roots back to 1799. Today it's the largest bank in the nation, with over 5,100 branches, 16,000 ATMs, and $2.6 trillion in assets. JPMorgan operates in over 100 markets, although about 80% of its revenues are generated in the U.S. The bank has four major business segments:  Consumer & Community Banking (47% of 2018 revenue): traditional consumer and small business banking services including checking and savings accounts, small business loans, home mortgages, credit cards, auto loans, home equity loans, and personal loans. Corporate & Investment Banking (32% of revenue): helps companies raise debt and equity capital, advises on corporate strategies (turnarounds, mergers & acquisitions), provides treasury services to the U.S. [...]

Founded by Jerome Monroe Smucker in 1897, J. M. Smucker (SJM) has grown into a leading purveyor of various consumer food products and specialty pet foods that can be found in an estimated 92% of U.S. households. The company's main products are coffee, pet food, pet snacks, peanut butter, fruit spreads, shortening and oils, baking mixes and ready-to-spread frostings, frozen sandwiches, flour, juices and beverages, and portion control products. Some of Smucker's iconic brands include: