Industrial giant 3M (NYSE:MMM) has been drawing a lot of attention over the past few weeks. The St. Paul-based company has found itself in the center of the coronavirus relief efforts. MMM stock has climbed about 10% in the past five days as the Trump administration announced plans to buy approximately 167 million masks from
Dividend Stocks
FedEx (NYSE:FDX) stock and United Parcel Service (NYSE:UPS) stock staged a small relief rally on news that Amazon (NASDAQ:AMZN) will slow its efforts to strangle them. Source: Sundry Photography / Shutterstock.com Amazon is suspending its Amazon Shipping program, which let Amazon merchants who did their own warehousing ship through it. The pilot, which began two years
Year-to-date, JPMorgan Chase (NYSE:JPM) stock is down about 33%. The Street is now debating whether the current global health crisis will also translate into a full-blown economic meltdown. So many investors were glad to say good riddance to the first quarter of the year. Now they are getting ready to embrace the potential volatility the upcoming
The last time I looked at Exxon Mobil (NYSE:XOM) stock, oil prices were plunging and analysts were saying don’t go there. Source: Harry Green / Shutterstock.com A few weeks later, the stock is trading higher and some think it could approach $50 per share. In fact, nothing much has really changed. Exxon Mobil stock is
Microsoft (NASDAQ:MSFT) stock is the ultimate anti-recession stock. The company produces so much cash flow and has so much cash that there is no concern about the dividend. Source: Peteri / Shutterstock.com In fact, there is almost no concern that Microsoft will not continue its share buybacks, on top of paying the regular dividend. Let’s
Halliburton (NYSE:HAL) stock has a high dividend yield — it’s around 9.5% as I write this. That is usually a sign that the company can’t afford the dividend. Investors assume that the dividend is in danger of being cut. Source: hkhtt hj / Shutterstock.com Maybe that will happen in this case. It certainly looks like
[Editor’s note: “7 Super Stable Dividend Stocks to Buy Now” was previously published in February 2019. It has since been updated to include the most relevant information available.] It’s been a long few weeks for the market as COVID-19 worries have taken the main stage. Before things tanked, the stock market, as measured by the
Ford (NYSE:F) stock may not yet have seen the worst of the downturn. It is down by more than 50% from its 52-week highs. But that is not all. Ford cut the dividend to zero. So there is no buffer for F stock. Source: Jonathan Weiss / Shutterstock.com But let’s look forward. When is the
For dividend investors, one of the worst things about the $2 trillion coronavirus stimulus package is the conditions placed on companies that accept government help. That’s why it’s interesting that Southwest Airlines (NYSE:LUV) appears to be waffling on accepting stimulus money, with the eye on keeping its dividend intact. It certainly makes LUV stock worth
Chevron (NYSE:CVX) stock is down 68% from its 52-week peak. And that is after having risen 33% from its lows. But all is not lost. The company has made it clear that its dividend is its major priority. Source: Denis Kuvaev / Shutterstock.com The price of oil has been on a steep downturn. Along with
Investors in bank stocks hate it when the Federal Reserve slashes interest rates, and have been wincing every time Fed Chair Jerome Powell steps to the microphone these days, holders of Wells Fargo (NYSE:WFC) stock included. Source: Kristi Blokhin / Shutterstock.com Sure, the Fed cut interest rates to near zero last week, and sure, that’s
Investors are finally getting some relief. After one of the quickest crashes in stock market history, the indices are starting to recover some lost ground. And a gigantic stimulus package has restored confidence in the economy. As a result, stocks have surged this week. The Dow Jones Industrial Average in particular has risen more than
The following five dividend-paying companies have made it clear they won’t cut either their dividends or their buyback programs. That is a rarity among dividend stocks these days. Moreover, these stocks have large buyback programs, which they have either recently reaffirmed or increased. Dividend stocks, that have large buyback programs, tend to do well over
So far, this week is proving to be a better one to be long the market. Yet not every company is participating in the rally. One of those left behind is the cleaning products specialist Clorox (NYSE:CLX) stock. In especially the first half of March, while its disinfecting wipes were flying off supermarket shelves, investors jumped
Exxon (NYSE:XOM) pays $3.48 per share in dividends to its shareholders. Will the dividend be cut? So far, not. So the dividend yield for XOM stock is 9.8%. This is a rare bargain. Source: Harry Green / Shutterstock.com Exxon has made no statement that it is cutting the dividend since the coronavirus pandemic ramped up.
Bank of America (NYSE:BAC) is the second-largest bank in the United States, with 5,000 locations and a footprint that stretches across 37 states . It is truly a “national” bank and a dominant player with retail accounts, loans, mortgages and wealth management services. But along with the other big banks, BAC stock has been hammered
There’s no doubt that the generous dividend offered by Delta Air Lines (NYSE:DAL) has been one of the best reasons for holding DAL stock. Source: Markus Mainka / Shutterstock.com For the immediate future, however, those payments are at an end. Delta stock has been bushwhacked along with the rest of the airline industry in recent
TJX (NYSE:TJX), the discount retail store chain, took decisive action on March 19 to save its liquidity. As a result, the company will survive and TJX stock will rebound significantly as the coronavirus from China wanes. Source: Joe Hendrickson / Shutterstock.com TJX has 4,529 stores throughout the world as of Feb. 1, 2020. They operate
Having seen its price cut nearly in half by the coronavirus from China and an oil price war, Exxon Mobil (NYSE:XOM) has its executives buying the plunge. Source: Jonathan Weiss / Shutterstock.com The company’s principal financial manager and the head of its Global Projects unit, both 40-year veterans at the company, bought shares of XOM
ConocoPhillips (NYSE:COP) stock is down over 64% from its highs in the last year, and 63% or so from its January 2020 peak. As it stands, I believe COP stock may not have yet touched the bottom. Source: JHVEPhoto / Shutterstock.com Oil prices may keep falling. This will hurt all oil stocks, including COP. The