30 April 2024 I Purchase, NY The board of directors of PepsiCo, Inc. (NASDAQ: PEP) has declared a regular quarterly dividend of $1.35 per common share, an increase of approximately 7% from the previous quarterly dividend of $1.26. For calendar year 2024, this marks the sixteenth dividend increase for the Washington Crossing Advisors Rising Dividend portfolio. All sixteen changes were increases. The average dividend increase is 6.7% 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
While the market may appear calm, it’s important to recognize the potential risks that could disrupt this tranquility. The combination of inflated valuations and a surge in liquidity is a potential catalyst for inflation and reckless investing. It’s crucial to maintain a state of vigilance as the situation could rapidly deteriorate, a lesson history has taught us. Fire, Meet Fuel By the end of 2022, America’s fortunes had ballooned. At $136 trillion, household net worth was twice what it was a decade earlier. The unemployment rate was at 3.6%, a 53-year low. And economists at the Bureau of Economic Analysis
24 April 2024 I Chicago, Il The board of directors of W.W. Grainger (NYSE: GWW) has declared a regular quarterly dividend of $2.05 per common share, an increase of approximately 10% from the previous quarterly dividend of $1.86. For calendar year 2024, this marks the fifteenth dividend increase for the Washington Crossing Advisors Rising Dividend portfolio. All fifteen changes were increases. The average dividend increase is 6.7% 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
16 April 2024 I New Brunswick, NJ The board of directors of Johnson & Johnson (NYSE: JNJ) has declared a regular quarterly dividend of $1.24 per common share, an increase of approximately 4.2% from the previous quarterly dividend of $1.19. For calendar year 2024, this marks the fourteenth dividend increase for the Washington Crossing Advisors Rising Dividend portfolio. All fourteen changes were increases. The average dividend increase is 6.5% 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
9 April 2024 I Cincinnati, OH The board of directors of The Procter & Gamble Company (NYSE:PG) has declared a regular quarterly dividend of $1.00 per common share, an increase of approximately 7.0% from the previous quarterly dividend of $0.94. For calendar year 2024, this marks the thirteenth dividend increase for the Washington Crossing Advisors Rising Dividend portfolio. All thirteen changes were increases. The average dividend increase is 6.7% 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
14 March 2024 I New York, NY The board of directors of Colgate-Palmolive Company (NYSE: CL) has declared a regular quarterly dividend of $0.50 per common share, an increase of approximately 4.2% from the previous quarterly dividend of $0.48. For calendar year 2024, this marks the twelfth dividend increase for the Washington Crossing Advisors Rising Dividend portfolio. All twelve changes were increases. The average dividend increase is 6.7% 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.
Imagine you have two options for investing your savings: keeping it in a piggy bank at home or investing in a local business. If the business can use your money to earn more than what it would cost you to lend it out (think of this as the interest you’d want if you just kept your money), it’s a sign that investing in the business might be worth considering. The key is the business must not just earn a profit but a sufficient profit to compensate for the cost of the capital invested in the business, both debt (borrowed money)
15 February 2024 I Atlanta, GA The board of directors of Genuine Parts Company (NYSE: GPC) has declared a regular quarterly dividend of $1.00 per common share, an increase of approximately 5% from the previous quarterly dividend of $0.95. For calendar year 2024, this marks the eighth dividend increase for the Washington Crossing Advisors Rising Dividend portfolio. All eight changes were increases. The average dividend increase is 6.26% 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 dividend.
After an extended period of historically low interest rates, income-focused bond investors have finally found relief as interest rates have risen to levels not seen since late 2007 (see Chart A below). Chart A Time to declare victory, right? If only it were that simple. There are external forces that influence the bond market, none more so than the Federal Reserve (Fed). Who knows what the Fed will do and when? Could they start cutting interest rates this year after two years spent increasing them? Chart B below shows the twenty-year history of the Fed Funds Target Rate. Chart B
On CNBC’s Worldwide Exchange, Kevin Caron discusses today’s robust economy and stock market and how picking quality stocks may benefit a portfolio in an uncertain year ahead.
6 February 2024 I Brentwood, TN The board of directors of Tractor Supply Company (NASDAQ: TSCO) has declared a regular quarterly dividend of $1.10 per common share, an increase of approximately 6.7% from the previous quarterly dividend of $1.03. For calendar year 2024, this marks the seventh dividend increase for the Washington Crossing Advisors Rising Dividend portfolio. All seven changes were increases. The average dividend increase is 6.44% 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.
Imagine this: The U.S. economy had a stellar year last year, outperforming Europe with a robust 2.5% growth rate. This is a far better performance than almost anyone imagined. It was better than most economists, pundits, and forecasters thought possible a year ago. Yet, not only did the economy grow far better than expected, but investors got hooked on risk again. Novel AI technologies captured investor imaginations, leading the tech-heavy Nasdaq Composite Index to trade at a near-record 60% premium to the S&P 500 based on enterprise-value to cash flow multiples (Nasdaq now trades at 24.3x versus S&P 500 at