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Recent Articles
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NextEra Energy Expects 10% Annual Dividend Growth Through 2026
May 24, 2024
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Image Source: NextEra Energy.
NextEra Energy reaffirmed its long-term outlook. For the current year, management expects adjusted diluted earnings per share in the range of $3.23-$3.43, with the measure targeted to increase to $3.45-$3.70 per share in 2025 and $3.63-$4.00 per share in 2026. The company also reiterated its expectations to grow its dividends per share at approximately a 10% clip each year through at least 2026, using 2024 as the baseline. We like the company’s expected pace of dividend growth and its position as a leading clean energy company.
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Dividend Increases/Decreases for the Week of May 24
May 24, 2024
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Let's take a look at firms raising/lowering their dividends this week.
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Accenture Facing Revenue Growth Pressures But Stock Is Worth a Look
May 23, 2024
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Image: Accenture is facing revenue growth pressure, but the company’s financials remain resilient.
We’re concerned about Accenture’s downward financial guidance revisions in March and pressure on demand growth for its IT and consulting services, but Accenture’s free cash flow generation remains robust, its balance sheet remains solid, and new bookings growth remains healthy with exposure to AI. Accenture pays a healthy dividend, and the firm continues to buy back stock. The company checks a lot of the boxes that we’d be looking for in a new idea, but we’d like to see evidence of revenue growth improvement before growing interested in adding the company to any newsletter portfolio. We remain on the sidelines for now.
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Nvidia Remains a Free Cash Flow Generating Powerhouse
May 23, 2024
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Image: Nvidia’s first-quarter fiscal 2025 results delivered, and the company remains a Wall Street darling of a stock.
Nvidia continues to be the poster child for the AI revolution, and its first-quarter fiscal 2025 results delivered on the high expectations embedded in the company’s stock. The firm announced a 10-for-1 stock split, while it raised its quarterly cash dividend 150%.
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