Chasing the Yield

Investing for income through dividends and distributions

  • Orders for durable goods increased in June

    Orders for durable goods increased in June

    Consumables are declining while durable goods are increasing. Kimberly Clarke reported reduced sales and now Lysol has done the same. Seems like the money pile keeps moving from one sector to another. New orders for products meant to last at least three years increased 0.8% to a seasonally adjusted $257.6 billion in June as compared with May,…

  • Stock market swings, inflation worries, and home prices up

    Stock market swings, inflation worries, and home prices up

    Stock market swings, inflation worries, home prices up, one MLP cuts distribution 35%!, and more

  • Median existing home price rose 23.4% in June

    Median existing home price rose 23.4% in June

    Limited inventory is still having a big effect. In the subdivision I live the houses don’t stay on the market more than a week or two before they’re sold. It’s a little crazy. Existing-home sales rose 1.4% in June from the prior month to a seasonally adjusted annual rate of 5.86 million, the National Association…

  • Inflation continues to weigh on companies and consumers

    Inflation continues to weigh on companies and consumers

    I’m starting to lean towards the notion that this will not be a transitory inflationary period. If a federal $15 minimum wage comes to pass combined with further climate change regulations there is nowhere for costs to go except up. “In an environment where inflation continues to rise quarter after quarter after quarter, there are…

  • Johnson & Johnson post higher profit

    Johnson & Johnson post higher profit

    The New Brunswick, N.J.-based company logged sales of $23.31 billion—a 27% increase year over year—and adjusted earnings of $2.48 a share. Wall Street analysts had forecast adjusted earnings of $2.29 a share and revenue of $22.49 billion, according to FactSet’s survey. Wall Street Journal

  • IBM sees biggest revenue gain in three years

    IBM sees biggest revenue gain in three years

    The top-line increase of 3.4%, IBM’s biggest gain in three years, comes as the company is undergoing extensive changes, including the planned spinoff of some of its legacy IT activities that remain a multibillion-dollar business. Revenue in the second quarter rose to $18.75 billion driven by its cloud, software and services businesses. The company reported…