Our Latest Articles

Magellan Remains Positioned to Preserve Distribution Despite Disappointing Guidance

Magellan on Tuesday reported earnings, closing out a year which management described as having "the most challenging industry and...

Feb 3, 2021

Exxon Expects to Maintain Dividend as Breakeven Oil Price Falls

Exxon believes its cash flow will cover capital expenditures and the dividend this year even if Brent oil prices average as low as $45...

Feb 3, 2021

Chevron's Breakeven Oil Price Now in the $40s, Providing More Support for the Dividend

Chevron on Friday reported fourth-quarter earnings and showed continued progress improving the sustainability of its dividend in a low...

Feb 1, 2021

Investors Await Update on PPL's Asset Sale Plans; Dividend Could Face a Moderate Cut But We Plan to Hold

PPL last August announced plans to sell its U.K. utility operations, which generate a little over half of the firm's earnings. No deal...

Jan 27, 2021

3M Expects to Return to Profitable Growth in 2021

Macro headwinds, slow-moving restructuring plans, and mounting legal liabilities have weighed on 3M's performance since CEO Michael...

Jan 27, 2021

IBM's Latest Sales Decline Rattles Confidence in Turnaround; Spin-off on Track to Close by Year's End

IBM shares slumped 10% on Friday following the company's fourth-quarter earnings report. IBM's organic sales fell 8%, marking the...

Jan 22, 2021

International Paper Plans to Reduce Dividend by 15-20% Following Spin-off of Printing Papers in Q3

In December, International Paper announced plans to spin off the firm's printing papers business into a standalone, publicly traded...

Jan 21, 2021

Political Headwinds Remain an Overhang on Con Edison

The defensive utility sector has trailed the S&P 500 by more than 15% over the past year. Shares of Con Edison have been...

Jan 20, 2021

Owens & Minor's Debt Reduction Improves Risk Profile

Owens & Minor stunned many investors in October 2018 when it announced a 71% dividend cut. Shares fell more than 40% on the news...

Dec 15, 2020

Pfizer Shifts Dividend Adjustment to Second Quarter of 2021; Income Investors Still to Remain Whole

Pfizer on Friday announced a 2.6% dividend increase for the first quarter of 2021, raising its quarterly payout from 38 cents per...

Dec 14, 2020