Masthead Graphic

 

Dividend Champs 2nd Quarter 2015 

Dear Friend,Catherine Head Shot

Welcome to our second quarter Dividend Champs issue!    

 

Read on to find the latest news of the markets, as well as information on three companies that have announced double digit increases in their dividends, despite a difficult earning environment.  

 

Happy Friday!

 

 Signature

Catherine Maniscalco Avery

 

The backbone of CAIM is to employ a classic long term investment strategy including dividend paying stocks. CAIM is an independent, women owned investment management firm specializing in managing investment portfolios for women and baby boomers.

203.966.2712  p
203.966.5697  f 



June 19, 2015|  Issue No. 63
In This Issue
Dividend Champs 2/4 2015
Teach Your Children Well
Be Wiser - Emotions & Money
Quick Links
Find Out More
Call me at 203.966.2712
or visit www.caimllc.com.

 


Dividend Champs 2nd Quarter 2015

 

     2015 is a year of transition; financial markets have been having a difficult time moving forward and we expect only modest appreciation in stocks.   It is possible that the Fed will enact a minor increase in rates this year, with the message that this will be a multi-year process of gradually raising rates.

 

    While the overall market may not look compelling, there are attractively valued individual stocks, and investors who own dividend-paying stocks have advantages in both up and down markets.   Furthermore, in an environment where it's difficult to increase earnings, three of our companies have announced double digit increases in their dividends.

 

International Business Machine (IBM $166.26, 3.1% dividend yield). IBM increased their dividend 18%. The company is struggling in the near term to revamp their strategy for growth but cash flow is still plentiful. And while it will be a multi-year process to turn the situation around, the company pays a dividend yield above the 10-year treasury and trades at a 40% discount to the market.

 

Qualcomm (QCOM $66.63, 2.9% dividend yield). Qualcomm is the market leader in wireless chips. Almost every premium handset on the market today has a chip designed by this company. They have hit a few bumps in the road but earnings should turn positive this year. With $3.10 in free cash flow per share they were able to increase their dividend by 14% this year.

 

Phillips 66(PSX $78.08, 2.9% dividend yield). PSX is a restructuring story. They are selling underperforming assets while expanding areas of the company that have higher growth. The company has increased their dividend 12% and trades at a 30% discount to the market.

 

separator
Teach Your Children Well - College Grads, Finances & The Real World

You've gotten them through college and your graduates are all set to begin living and working as responsible adults in the real world.   Right?  Hold on a minute. ...  Read more  
separator
Be Wiser - With Your Emotions & Your Money 

The topic of money can be an emotional one.   According to Liz Weston, in a February 2015 online article titled; From Guilt to Sadness - How Emotions Affect Money Habits, recent research shows that ...Read more  
separator
©Copyright 2015, CAIM LLC

Disclaimer: NO CONTENT PUBLISHED AS PART OF THE CAIM LLC NEWSLETTER CONSTITUTES A RECOMMENDATION THAT ANY PARTICULAR INVESTMENT, SECURITY, PORTFOLIO OF SECURITIES, TRANSACTION OR INVESTMENT STRATEGY IS SUITABLE FOR ANY SPECIFIC PERSON.  TO THE EXTENT ANY OF THE CONTENT PUBLISHED AS PART OF THE BLOG MAY BE DEEMED TO BE INVESTMENT ADVICE, SUCH INFORMATION IS IMPERSONAL AND MAY NOT NECESSARILY MEET THE OBJECTIVES OR NEEDS OF ANY SPECIFIC INDIVIDUAL OR ACCOUNT, OR BE SUITABLE ADVICE FOR ANY PARTICULAR READER.  EACH READER AGREES AND ACKNOWLEDGES THAT ANY SPECIFIC ADVICE OR INVESTMENT DISCUSSED IN THE BLOG MUST BE INDEPENDENTLY EVALUATED BY THE READER AND HIS OR HER ADVISER IN VIEW OF THE READER'S INVESTMENT NEEDS AND OBJECTIVES.
 

CAIM, LLC | 27 Pine Street | New Canaan | CT | 06840