Posts by: battipagliaj
The U.S. economy in 2024 showed remarkable resilience against inflation, rising interest rates, and global uncertainties. GDP expanded, consumer confidence stayed strong, and household wealth hit $155 trillion. This reflects America’s economic strength, driven by innovation and industrial capacity, though vulnerabilities remain. Fiscal shifts in 2025 offer potential gains but will test the economy’s ability to sustain momentum. The S&P 500’s rise highlights earnings growth and multiple expansion but reveals risks tied to the dominance of the “Magnificent 7.” Concentration risks persist, even as diversification provides balance. With returns likely to moderate, strategic positioning will be critical to navigating the…
17 December 2024 I Houston, TX The board of directors of Waste Management (NYSE: WM) has declared a regular quarterly dividend of $0.825 per common share, an increase of approximately 10% from the previous quarterly dividend of $0.75. Payment of the dividend is expected in March 2025. For calendar year 2025, this marks the third dividend increase for the Washington Crossing Advisors Rising Dividend portfolio. All three changes were increases. The average dividend increase is 8.4% compared with December 2024 indicated levels. Please contact your financial advisor for a complete list of all portfolio holdings that have, in the past 12 months, increased,…
19 November 2024 I Rahway, NJ The board of directors of Merck (NYSE: MRK) has declared a regular quarterly dividend of $0.81 per common share, an increase of approximately 5.2% from the previous quarterly dividend of $0.77. Payment will be made on Jan. 8, 2025, to shareholders of record at the close of business on Dec. 16, 2024. For calendar year 2025, this marks the second dividend increase for the Washington Crossing Advisors Rising Dividend portfolio. Both changes were increases. The average dividend increase is 7.6% compared with December 31, 2023 indicated levels. Please contact your financial advisor for a complete list of…
6 November 2024 I Roseland, NJ The board of directors of ADP (NASDAQ: ADP) has declared a regular quarterly dividend of $1.54 per common share, an increase of approximately 10% from the previous quarterly dividend of $1.40. The new quarterly dividend rate of $1.54 per share will be distributed on January 1, 2025 to shareholders of record on December 13, 2024. For calendar year 2025, this marks the first dividend increase for the Washington Crossing Advisors Rising Dividend portfolio. Please contact your financial advisor for a complete list of all portfolio holdings that have, in the past 12 months, increased, decreased, or had…
5 November 2024 I St. Louis, MO The board of directors of Emerson (NYSE: EMR) has declared a regular quarterly dividend of $0.5275 per common share, an increase of approximately 0.5% from the previous quarterly dividend of $0.525. For calendar year 2024, this marks the twenty-ninth dividend increase for the Washington Crossing Advisors Rising Dividend portfolio. All twenty-nine changes were increases. The average dividend increase is 8.06% compared with December 31, 2023 indicated levels. Please contact your financial advisor for a complete list of all portfolio holdings that have, in the past 12 months, increased, decreased, or had no change in dividend. From…
U.S. stock market valuations have reached a historic $60 trillion, with GDP and household net worth doubling since 2009. Employment has grown by 30 million jobs, and S&P 500 profit margins have expanded significantly. However, declining earnings yields suggest stretched valuations, indicating potential risks ahead. Despite differing methods, as the election approaches, both major candidates share goals for developing the labor force, improving housing, and regaining energy leadership. Given these conditions, diversification is prudent; bonds, gold, and emerging markets offer viable alternatives as the Federal Reserve’s (Fed) policies weaken the dollar. Tactical adjustments are needed to balance growth opportunities and…
3 October 2024 I Bethesda, MD The board of directors of Lockheed Martin (NYSE: LMT) has declared a regular quarterly dividend of $3.30 per common share, an increase of approximately 4.7% from the previous quarterly dividend of $3.15. For calendar year 2024, this marks the twenty-eighth dividend increase for the Washington Crossing Advisors Rising Dividend portfolio. All twenty-eight changes were increases. The average dividend increase is 8.34% compared with December 31, 2023 indicated levels. Please contact your financial advisor for a complete list of all portfolio holdings that have, in the past 12 months, increased, decreased, or had no change in dividend. From…
26 September 2024 I New York, NY The board of directors of Accenture (NYSE: ACN) has declared a regular quarterly dividend of $1.48 per common share, an increase of approximately 15% from the previous quarterly dividend of $1.29. For calendar year 2024, this marks the twenty-seventh dividend increase for the Washington Crossing Advisors Rising Dividend portfolio. All twenty-seven changes were increases. The average dividend increase is 8.48% compared with December 31, 2023 indicated levels. Please contact your financial advisor for a complete list of all portfolio holdings that have, in the past 12 months, increased, decreased, or had no change in dividend. From…
19 September 2024 I Dallas, TX The board of directors of Texas Instruments (NASDAQ: TXN) has declared a regular quarterly dividend of $1.36 per common share, an increase of approximately 4.6% from the previous quarterly dividend of $1.30. For calendar year 2024, this marks the twenty-sixth dividend increase for the Washington Crossing Advisors Rising Dividend portfolio. All twenty-six changes were increases. The average dividend increase is 8.24% compared with December 31, 2023 indicated levels. Please contact your financial advisor for a complete list of all portfolio holdings that have, in the past 12 months, increased, decreased, or had no change in dividend. From…
We agree with the Federal Reserve’s (Fed) decision to cut rates by 50 basis points. As we will explain, our own analysis of data throughout the past few months confirms the necessity of the Fed’s September rate cut but also highlights a potential underestimation of the economy’s weakening momentum since spring. In reviewing the Federal Reserve’s monetary policy actions throughout 2024, it’s essential to juxtapose their observations with our own insights derived from the WCA Barometer. The Barometer, a diffusion index measuring various economic inputs, provides a nuanced perspective on the evolving economic conditions. We use the WCA Barometer to…
17 September 2024 I Redmond, WA The board of directors of Microsoft Corp (NASDAQ: NYSE) has declared a regular quarterly dividend of $0.83 per common share, an increase of approximately 10% from the previous quarterly dividend of $0.75. For calendar year 2024, this marks the twenty-fifth dividend increase for the Washington Crossing Advisors Rising Dividend portfolio. All twenty-five changes were increases. The average dividend increase is 8.39% compared with December 31, 2023 indicated levels. Please contact your financial advisor for a complete list of all portfolio holdings that have, in the past 12 months, increased, decreased, or had no change in dividend. From…
6 August 2024 I New York, NY The board of directors of Broadridge Financial Solutions, Inc. (NYSE: BR) has declared a regular quarterly dividend of $0.88 per common share, an increase of approximately 10% from the previous quarterly dividend of $0.80. For calendar year 2024, this marks the twenty-fourth dividend increase for the Washington Crossing Advisors Rising Dividend portfolio. All twenty-four changes were increases. The average dividend increase is 8.33% compared with December 31, 2023 indicated levels. Please contact your financial advisor for a complete list of all portfolio holdings that have, in the past 12 months, increased, decreased, or had no change…
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