Learn About Simply Safe Dividends
[/fusion_text]
These are our most recent articles. Also see which stocks have been this week’s best and worst performers.
An Update On The Wells Fargo Scandals: What Dividend Investors Need To Know
Wells Fargo has been fighting a number of scandals that are impacting its fundamentals. Let's take a look at how the bank's turnaround efforts are going and what they mean for dividend investors. More Scandals Continue To Surface At this point, Wells Fargo has become well-known for its ever-growing list of scandals which include: An independent third-party review of the bank's accounts revealed that the total number of unauthorized accounts opened was actually 3.5 million, 67% more than initially thought. The bank incorrectly charged 800,000 car loan customers for unnecessary insurance that, according to Wells Fargo, could have caused around 20,000 customers to default on their payments and have their vehicles repossessed. Wells Fargo Merchant services apparently overcharged thousands [...]
AT&T: More Merger Drama
On July 12, just one month after the Justice Department's antitrust lawsuit to block AT&T's merger with Time Warner was rejected by U.S. District Court Judge Richard Leon, the Justice Department appealed the ruling. What does this mean for dividend investors? After all, AT&T already merged with Time Warner on June 15. Let's take a closer look to understand if this event is news or noise. In his 172-page opinion issued in June, Judge Leon made it clear that the Department of Justice (DOJ) had failed to meet its burden of proof that the AT&T/Time Warner merger would harm consumers. He even warned that any appeal would be likely to fail, and strongly urged the DOJ to not [...]
Royal Dutch Shell (RDS.A) (RDS.B)
Founded in 1833, Royal Dutch Shell (RDS.B) is one of the world's largest integrated oil companies with operations in over 70 countries. In addition to exploring for and extracting crude oil, natural gas, and natural gas liquids, Royal Dutch Shell owns a number of refineries, distribution terminals, and LNG tankers. The company also has a midstream master limited partnership (MLP) called Shell Midstream Partners (SHLX). This is used to monetize its North American midstream (storage, transportation, and processing) facilities. Shell owns 44% of Shell Midstream's common units, a 2% general partner stake, and its lucrative incentive distribution rights (IDRs). Thanks to this structure, about 70% of Shell Midstream's cash flow comes back to the parent company. Shell operates [...]
Kellogg (K)
Kellogg (K), founded in 1906, is a global manufacturer and marketer of ready-to-eat cereal and convenience foods such as cookies, crackers, savory snacks, toaster pastries, cereal bars, fruit-flavored snacks, frozen waffles, and veggie foods. Kellogg's core brands, which drive almost 40% of its sales in North America, include Kellogg’s, Pop Tarts, Eggo, Froot Loops, and Rice Krispies. Some of its most popular snacks brands are Pringles, Keebler, Cheez-It, and Famous Amos. Source: Kellogg Investor Presentation Kellogg is the world’s leading producer of cereal and toaster pastries, the second largest manufacturer of cookies and crackers, as well as one of the largest producers of savory snacks and frozen foods such as waffles and vegetables. Kellogg primarily sells its products [...]