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Recent Articles
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Valuentum's Best Ideas Newsletter Portfolio
Mar 15, 2025
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We disclose the holdings of the portfolio of the Best Ideas Newsletter in this article. This portfolio can always be found in each edition of the monthly Best Ideas Newsletter.
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View Current and Archived Best Ideas Newsletters
Mar 15, 2025
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View previous editions of the Best Ideas Newsletter in this article.
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Dividend Increases/Decreases for the Week of March 14
Mar 14, 2025
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Let's take a look at firms raising/lowering their dividends this week.
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Dick’s Sporting Goods Raises Quarterly Payout
Mar 11, 2025
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Image Source: TradingView.
Dick’s Sporting Goods continues to be shareholder friendly, with the board authorizing a 10% increase in its quarterly dividend, to $4.85 on an annualized basis, and a new five-year share repurchase program up to $3 billion. Looking to 2025, Dick’s Sporting Goods expects full year comparable sales growth to be in the range of 1%-3%, net sales to be in the range of $13.6-$13.9 billion, and earnings per diluted share in the range of $13.80-$14.40, the latter compared to $14.05 in full year 2024. The company expects to open roughly 16 additional House of Sport locations and about 18 additional Dick’s Field House locations in 2025. Dick’s Sporting Goods ended its fiscal year with $1.69 billion in cash and cash equivalents and total debt of $1.48 billion. We continue to like Dick’s Sporting Goods as an idea in the Dividend Growth Newsletter portfolio.
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