Posts by: battipagliaj
Recently, market volatility has surged as economic uncertainty grips financial markets. Growth expectations have collapsed, stock market volatility is spiking, and credit spreads are widening. This environment has placed renewed focus on how different stocks respond to macroeconomic pressures — and, crucially, why quality matters more than ever. Traditionally, market downturns and economic stress trigger debates over whether value stocks or growth stocks will fare better. However, an underappreciated factor in this discussion is quality. High-quality stocks — characterized by low leverage, profitable assets, and consistent results — have historically outperformed their lower-quality counterparts in periods of macroeconomic stress. For…
10 March 2025 I Austin, TX The board of directors of Oracle Corporation (NYSE: ORCL) has declared a regular quarterly dividend of $0.50 per common share, an increase of approximately 25% from the previous quarterly dividend of $0.40. Payment of the dividend is expected in April 2025. For calendar year 2025, this marks the twelfth dividend increase for the Washington Crossing Advisors Rising Dividend portfolio. All twelve changes were increases. The average dividend increase is 7.41% 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,…
25 February 2025 I Atlanta, GA The board of directors of The Home Depot (NYSE: HD) has declared a regular quarterly dividend of $2.30 per common share, an increase of approximately 2.2% from the previous quarterly dividend of $2.25. Payment of the dividend is expected in March 2025. For calendar year 2025, this marks the eleventh dividend increase for the Washington Crossing Advisors Rising Dividend portfolio. All eleven changes were increases. The average dividend increase is 5.82% 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,…
20 February 2025 I Atlanta, GA The board of directors of The Coca-Cola Company (NYSE: KO) has declared a regular quarterly dividend of $0.51 per common share, an increase of approximately 5.2% from the previous quarterly dividend of $0.485. Payment of the dividend is expected in April 2025. For calendar year 2025, this marks the tenth dividend increase for the Washington Crossing Advisors Rising Dividend portfolio. All ten changes were increases. The average dividend increase is 6.18% 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,…
20 February 2025 I Bentonville, AR The board of directors of Walmart Inc. (NYSE: WMT) has declared a regular quarterly dividend of $0.235 per common share, an increase of approximately 13% from the previous quarterly dividend of $0.2075. Payment of the dividend is expected in April 2025. For calendar year 2025, this marks the ninth dividend increase for the Washington Crossing Advisors Rising Dividend portfolio. All nine changes were increases. The average dividend increase is 6.29% 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,…
13 February 2025 I Brentwood, TN The board of directors of Tractor Supply Company (NASDAQ: TSCO) has declared a regular quarterly dividend of $1.15 per common share, an increase of approximately 4.5% from the previous quarterly dividend of $1.10. Payment of the dividend is expected in March 2025. For calendar year 2025, this marks the eighth dividend increase for the Washington Crossing Advisors Rising Dividend portfolio. All eight changes were increases. The average dividend increase is 5.46% 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,…
At Washington Crossing Advisors, we adhere strictly to a “quality at a reasonable price” philosophy. We do not pursue “growth at a reasonable price,” nor do we chase “yield at a reasonable price.” Our foremost principle is quality, as we firmly believe that quality endures better than growth over time. In our view, companies with less debt, more profitable assets, and consistent business performance exemplify high quality. To systematically assess quality, we employ a rigorous quantitative process, grading the 1,000 largest U.S. stocks from “A” (highest quality) to “F” (lowest quality). These two groups —”A” Quality (up 12% in the…
Diversification is often regarded as the bedrock of sound investing. It is widely believed to reduce risk, smooth out returns, and provide stability in uncertain markets. However, this assumption deserves scrutiny, especially when considering the realities of bear markets. Markets Have Two Environments: Bull And Bear Investors must remember that markets operate in two distinct environments: bull markets and bear markets. While bull markets can be enjoyable—lifting nearly all stocks and creating an illusion of stability—bear markets expose vulnerabilities. This reality is particularly important for: A portfolio that thrives in a bull market but collapses in a bear market is…
4 February 2025 I Purchase, NY The board of directors of PepsiCo, Inc. (NASDAQ: PEP) has declared a regular quarterly dividend of $1.42 per common share, an increase of approximately 5% from the previous quarterly dividend of $1.35. Payment of the dividend is expected in June 2025. For calendar year 2025, this marks the seventh dividend increase for the Washington Crossing Advisors Rising Dividend portfolio. All seven changes were increases. The average dividend increase is 5.6% 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,…
31 January 2025 I Ewing, NJ The board of directors of Church & Dwight Co., Inc. (NYSE: CHD) has declared a regular quarterly dividend of $0.29 per common share, an increase of approximately 4% from the previous quarterly dividend of $0.28. Payment of the dividend is expected in March 2025. For calendar year 2025, this marks the sixth dividend increase for the Washington Crossing Advisors Rising Dividend portfolio. All six changes were increases. The average dividend increase is 5.8% compared with December 2024 indicated levels. Please contact your financial advisor for a complete list of all portfolio holdings that have, in the past…
There has been much discussion recently about growth. Artificial intelligence and other emerging technologies are fueling expectations for high returns, pushing stock values to record highs. While analysts forecast uninterrupted growth, we question whether some of these expectations are realistic. Markets appear to be pricing in very high growth assumptions, which may prove difficult to meet over time. The Three Pillars of Valuation Three key factors drive valuations: opportunity cost, risk, and growth. Opportunity cost reflects the need for returns that exceed what can be earned in risk-free assets, such as U.S. Treasury bonds. Riskier assets demand a premium to…
23 January 2025 I Indianapolis, IN The board of directors of Elevance Health (NYSE: ELV) has declared a regular quarterly dividend of $1.71 per common share, an increase of approximately 5% from the previous quarterly dividend of $1.63. Payment of the dividend is expected in March 2025. For calendar year 2025, this marks the fifth dividend increase for the Washington Crossing Advisors Rising Dividend portfolio. All five changes were increases. The average dividend increase is 6.2% 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,…
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