25 January 2024 I Lehigh Valley, PA The board of directors of Air Products (NYSE: APD) has declared a regular quarterly dividend of $1.77 per common share, an increase of approximately 1.1% from the previous quarterly dividend of $1.75. For calendar year 2024, this marks the fifth dividend increase for the Washington Crossing Advisors Rising Dividend portfolio. All five changes were increases. The average dividend increase is 6.92% 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.
Kevin Caron, Senior Portfolio Manager at Washington Crossing Advisors, was featured on Fox Business’s The Claman Countdown with thoughts on quality and the Magnificent Seven and how Treasuries are still providing competitive yield for investors.
11 December 2023 I Houston, TX The board of directors of Waste Management (NYSE: WM) has declared a regular quarterly dividend of $0.75 per common share, an increase of approximately 7.1% from the previous quarterly dividend of $0.70. For calendar year 2024, this marks the fourth dividend increase for the Washington Crossing Advisors Rising Dividend portfolio. All four changes were increases. The average dividend increase is 8.38% 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
At Washington Crossing Advisors (WCA), we go to great lengths describing the high quality businesses selected in our Rising Dividend and Victory equity portfolios. We believe in buying quality companies at reasonable prices that have low debt, predictable cash flows, and are highly profitable and reinvesting back into their business. This follows an intuitive, common sense approach to investing, particularly when considering risk-adjusted return in a strategy. That said, quality investing often becomes convoluted and misunderstood by investors – mainly due to antiquated frameworks put into practice decades ago that have unintentionally become foundational to investing and financial planning. In
28 November 2023 I Rahway, NJ The board of directors of Merck (NYSE: MRK) has declared a regular quarterly dividend of $0.77 per common share, an increase of approximately 5.5% from the previous quarterly dividend of $0.73. For calendar year 2024, this marks the third dividend increase for the Washington Crossing Advisors Rising Dividend portfolio. All three changes were increases. The average dividend increase is 8.8% 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
17 November 2023 I Beaverton, OR The board of directors of Nike, Inc. (NYSE: NKE) has declared a regular quarterly dividend of $0.37 per common share, an increase of approximately 9% from the previous quarterly dividend of $0.34. For calendar year 2024, this marks the second dividend increase for the Washington Crossing Advisors Rising Dividend portfolio. Both changes were increases. The average dividend increase is 10.50% 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
As 2023 comes to a close and investors look back over the past two years, one can’t ignore the paradigm shift in rising interest rates and its far-reaching effects on markets and the economy. After all, investment portfolios, mortgages, savings accounts, and auto loans, to name a few, have been drastically impacted by rising interest rates, which stand at 5.25% today. To put it into perspective, we have not seen a Fed Funds Rate this high, achieved in such a short period, in over 35 years (see Chart A). Against a backdrop of high rates, risk, and recession uncertainty, it
Kevin Caron, senior portfolio manager at Washington Crossing Advisors, joins ‘Power Lunch’ to discuss the current factors in play for growth in tech stocks and the resurgence of the traditional, 60-40 balanced portfolio.
8 November 2023 I Roseland, NJ The board of directors of ADP (Nasdaq: ADP) has declared a regular quarterly dividend of $1.40 per common share, an increase of approximately 12% from the previous quarterly dividend of $1.25. For calendar year 2024, 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 no change in dividend. From the press release: “The board of directors of ADP (Nasdaq: ADP) approved a $0.15 increase in the quarterly cash
7 November 2023 I St. Louis, MO The board of directors of Emerson (NYSE: EMR) has declared a regular quarterly dividend of $0.525 per common share, an increase of approximately 1% from the previous quarterly dividend of $0.52. For calendar year 2023, this marks the twenty fourth dividend change for the Washington Crossing Advisors Rising Dividend portfolio. All twenty four changes were increases. The average dividend increase is 6.24% compared with December 31, 2022 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
24 October 2023 I San Francisco, CA The board of directors of Visa Inc. (NYSE: V) has declared a regular quarterly dividend of $0.52 per common share, an increase of approximately 16% from the previous quarterly dividend of $0.45. For calendar year 2023, this marks the twenty third dividend change for the Washington Crossing Advisors Rising Dividend portfolio. All twenty three changes were increases. The average dividend increase is 6.47% compared with December 31, 2022 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