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.
Ford: A High Dividend But Uncertainties Linger
Founded in 1903, Ford (F) is one of the largest auto makers worldwide. The company sells a full line of Ford trucks, SUVs, cars, and Lincoln luxury vehicles. Ford also provides financial services and is investing in electrification, autonomous vehicles, and mobility solutions.
IFF Plans to Buy DuPont’s Nutrition Business in $26 Billion Deal, Maintains Dividend
International Flavors & Fragrances (IFF) announced plans on December 15 to acquire DuPont's Nutrition and Biosciences business for $26.2 billion in a deal that would more than double the company's size. DuPont shareholders will own 55.4% of the new company and existing IFF investors will own 44.6%. Investors didn't like the news, sending IFF shares 10% lower yesterday. However, from a strategic perspective, the deal actually looks appealing (in theory). DuPont's nutrition business is a reasonably attractive asset with an impressive 24% EBITDA margin and a presence in many markets with decent long-term growth potential.
Boeing Retains Borderline Safe Dividend Safety Score After Production Halt, Dividend Freeze
Boeing (BA) said Monday it would temporarily suspend production of its grounded 737 MAX beginning in January. Many investors had anticipated this news, as demonstrated by Boeing's relatively muted stock price reaction (shares are down about 4% since Friday's close). As you may recall, the 737 MAX is Boeing's best-selling plane model (expected to account for about 40% of total profits) and has been grounded since March 2019 following two deadly crashes. Earlier this year Boeing had already reduced its planned production rate of 737 aircraft.
Archer-Daniels-Midland: Uninterrupted Dividends Since 1931
Founded in 1898, Archer Daniels Midland (ADM) generates most of its revenue from procuring, transporting, and processing 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 other food and feed ingredients.