Posts by: battipagliaj
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
Please see the attached PDF for a new Rising Dividend Portfolio Dividend Behavior piece. This document highlights Dividend Per Share Growth, Annualized Dividends, and Payout Ratios, among other portfolio statistics. It is also available on our website: https://washingtoncrossingadvisors.com/wp-content/uploads/2024/08/WCA-Rising-Dividend-Portfolio-Dividend-Growth-Rates-2024.pdf
2 August 2024 I Glenview, IL The board of directors of Illinois Tool Works Inc. (NYSE: ITW) has declared a regular quarterly dividend of $1.50 per common share, an increase of approximately 7.1% from the previous quarterly dividend of $1.40. For calendar year 2024, this marks the twenty-third dividend increase for the Washington Crossing Advisors Rising Dividend portfolio. All twenty-three changes were increases. The average dividend increase is 8.26% 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
30 July 2024 I Oakland, CA The board of directors of the Clorox Company (NYSE: CLX) has declared a regular quarterly dividend of $1.22 per common share, an increase of approximately 1.7% from the previous quarterly dividend of $1.20. For calendar year 2024, this marks the twenty-second dividend increase for the Washington Crossing Advisors Rising Dividend portfolio. All twenty-two changes were increases. The average dividend increase is 8.32% 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.
24 July 2024 I Wallingford, CT The board of directors of Amphenol Corporation (NYSE: APH) has declared a regular quarterly dividend of $0.165 per common share, an increase of approximately 50% from the previous quarterly dividend of $0.11. For calendar year 2024, this marks the twenty-first dividend increase for the Washington Crossing Advisors Rising Dividend portfolio. All twenty-one changes were increases. The average dividend increase is 8.64% 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
17 July 2024 I Omaha, NE The board of directors of Union Pacific Corporation (NYSE: UNP) has declared a regular quarterly dividend of $1.34 per common share, an increase of approximately 3% from the previous quarterly dividend of $1.30. For calendar year 2024, this marks the twentieth dividend increase for the Washington Crossing Advisors Rising Dividend portfolio. All twenty changes were increases. The average dividend increase is 6.58% 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.
9 July 2024 I Columbus, Indiana The board of directors of Cummins Inc (NYSE: CMI) has declared a regular quarterly dividend of $1.82 per common share, an increase of approximately 8.3% from the previous quarterly dividend of $1.68. For calendar year 2024, this marks the nineteenth dividend increase for the Washington Crossing Advisors Rising Dividend portfolio. All nineteen changes were increases. The average dividend increase is 6.77% 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
The U.S. economy grew to a record $28 trillion annualized in Q1, the equity market added $9 trillion over the past year, reaching a record $57 trillion, and our WCA Barometer shows positive (albeit fading) strength. Despite this, popular indices’ gains are driven by a few mega-cap companies, leading to less diversification. Historically, smaller companies thrive in expansions and high-risk environments, yet today’s market favors mega-caps. In this update, we address investor concern about growing market divergences between large and small, how we believe portfolios should be positioned to benefit from what comes next, provide an update of current conditions,
The Federal Reserve appears poised to ease off the monetary brake by cutting the policy rate later this year. This potential shift is supported by several indicators, primarily signs of cooling inflation. For over a year, short-term interest rates have been maintained well above the inflation rate, reflecting a stringent monetary policy stance (Chart A, below). Given the inherent lag in the effects of monetary policy, there is a compelling argument for the Fed to start reducing rates to prevent economic deceleration and to support continued growth. Chart A Already Priced In However, there are significant concerns about the current
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