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Nutanix Explores Selling After Acquisition Benefit

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https://www.wsj.com/articles/nutanix-explores-sale-after-receiving-takeover-interest-11665739802

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How I learned to be grateful for what I have, instead of feeling guilty

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Journal Reports: Wealth Management

Why do ESG ratings vary so widely – and how can investors understand them?

by Florian Berg

November 2, 2022 at 3:00 PM ET

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Investors need to get a deeper understanding of what data the various auditors use and how they are used.

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Buy fear like Warren Buffett. Here are 3 stocks with a high yield of 9.2% – so you can “make your money in inactivity”

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Buy fear like Warren Buffett. Here are 3 stocks with a high yield of 9.2% – so you can “make your money in inactivity”

Everyone wants to buy low and sell high. But it’s much easier said than done – especially in a bear market. The S&P 500 is down 16.5% year-to-date.

But you don’t need a bull market to make money from stocks. You can also collect profits.

Instead of trying to catch the stock’s next move up or down – dividend investors can just sit back, relax and let the dividend checks roll.

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After all, Warren Buffett once said, “Wall Street makes its money in activity. You make your money in inactivity.”

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It’s hard to be a buyer of anything in a market where everyone seems to be in a panic sale. But again, being paradoxical is exactly how many investors have been successful.

“Be afraid when others are greedy, and greedy when others are afraid.”

This is perhaps Buffett’s most famous quote.

With that in mind, here’s a look at three companies that offer great dividend checks to investors. Wall Street is also seeing a rise in this trio.

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AT&T

We pay our mobile phone bills and internet bills every month. If you want equal profits, consider collecting profits from companies that provide these services.

AT&T, for example, is one of the largest telecommunications companies in the world. More than 100 million consumers in the United States use mobile phone and broadband services. At the same time, the company also serves almost all of the Fortune 1000 companies with smart connectivity and solutions.

And because wireless and Internet services are essential to the modern economy, AT&T generates repeat business through thick and thin.

The company pays a quarterly dividend of 27.75 cents per share, which translates to an annualized yield of 5.9%.

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Frank Luthan, an analyst at Raymond James, has a “Strong Buy” rating on AT&T and a $24 price target. Given that AT&T shares are currently trading at around $18.90 a piece, the price target would suggest a potential upside of 27%.

real estate income (O)

Realty Income is a real estate investment fund with more than 11,700 properties under long-term leases.

Its top tenants include big names like Walmart, CVS Pharmacy, and Walgreens—companies that have survived and thrived through thick and thin.

In fact, the REIT claims to collect about 43% of all rent from investment-grade tenants. A diverse, high-quality tenant base allows Realty Income to pay reliable dividends.

Read more: Trade While the Market Stumbles: Here are the best investing apps to pounce on ‘once in a generation’ opportunities (even if you’re a beginner)

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Moreover, while most dividend-paying companies follow a quarterly dividend schedule, Realty Income pays its shareholders every month.

The stock currently yields 4.6%.

Morgan Stanley analyst Ronald Kamdim has an “overweight” rating on Realty Income and a price target of $74 — roughly 13% above current levels.

MPLX (MPLX)

MPLX isn’t a household name like AT&T is. But for serious yield seekers, it’s a stock that probably shouldn’t be ignored.

Headquartered in Findlay, Ohio, MPLX is a master limited partnership created by Marathon Petroleum to own, operate, develop and acquire midstream energy infrastructure assets.

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The partnership pays a quarterly cash dividend of 77.50 cents per unit. With the stock trading at $33.73, that translates to a hefty annual dividend yield of 9.2%.

In the third quarter, MPLX generated $1.26 billion in distributable cash flow, which provided 1.58 times coverage of its dividends for the quarter.

The stock is also up 12.8% year-to-date, in stark contrast to the S&P 500’s double-digit loss over the same period.

Wells Fargo analyst Michael Blum sees more upside on the horizon. Blum has an “overweight” rating on MPLX and a price target of $40, which is 19% upside from where the shares sit today.

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This article provides information only and should not be construed as advice. It is provided without warranty of any kind.

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Amazon UK adds e-cargo bikes and treadmills in decarbonisation campaign. By Reuters

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© Reuters. FILE PHOTO: An Amazon delivery person pulls a cart full of packages in the Manhattan borough of New York City, New York, US, December 10, 2021. REUTERS/Carlo Alegre/File Photo

LONDON (Reuters) – Amazon (Nasdaq:UK) said it will expand its fleet of electric cargo bikes and make more deliveries by foot to accelerate the decarbonization of the transport network it uses to deliver packages across the country.

The group, which has 75,000 permanent employees in the UK, said on Thursday it would add two small delivery centers in London and open one in Manchester for additional bikes and walkers, as part of a 300 million pound ($359 million) five-year deal. Electricity and decarbonization investment in Britain announced in October.

Amazon is targeting net zero carbon by 2040 and said its e-plus cargo bikes, a four-wheeled vehicle with handlebars and a container in the back, and pedestrians will carry 2 million deliveries annually.

In 2021, Amazon delivered more than 45 million packages using its electric fleet. In addition to electric bikes, it already has 1,000 electric delivery trucks and five all-electric heavy goods vehicles in its fleet.

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“Not only will these new hubs bring our customers more electric-powered deliveries, but they will also support local authorities looking at ways to reduce congestion and find alternative transport routes,” John Baumfrey, Amazon UK Country Manager, said in a statement.

($1 = 0.8363 pounds)

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