Tag: consumer staples

  • Archer-Daniels-Midland boosts dividend 13% in strong quarter

    Archer-Daniels-Midland boosts dividend 13% in strong quarter

    ADM delivered another very strong quarter to complete an outstanding year, and the strategic work we have done throughout 2022 has positioned us well for 2023 and beyond,” said Chairman and CEO Juan Luciano. For the full year, we delivered adjusted EPS of $7.85, adjusted segment operating profit of $6.6 billion, and trailing four-quarter average […]

  • Kimberly Clark (KMB) Raises Dividend 1.7%

    Kimberly Clark (KMB) Raises Dividend 1.7%

    KMB reported fourth-quarter 2022 results, wherein the bottom line beat the Zacks Consensus Estimate and increased year over year. The company is benefiting from its growth strategy, including investments in solid brands and commercial capacities. The company’s revenue growth management efforts also helped it battle inflationary headwinds. Adjusted earnings came in at $1.54 per share, […]

  • Walgreens drops plans to unload Boots due to inadequate bids

    Walgreens drops plans to unload Boots due to inadequate bids

    The Deerfield, Ill., pharmacy chain, which launched a review of its options for the businesses in January, said Tuesday that it received significant interest from prospective buyers but that market conditions put a severe crimp on financing availability for buyers. As such, no bidder was able to make an offer that adequately reflects the potential […]

  • FDA to remove Juul e-cigarettes from U.S. market in blow to Altria

    Altria (MO) has a current dividend yield of 8.67% and is rated as “Borderline Safe” by SimplySafeDividends. I hold MO in my Low Yield Portfolio. In total MO is 0.6% of my portfolio. The FDA could announce its decision as early as Wednesday, the people said. The marketing denial order would follow a nearly two-year […]

  • CrossAmerica Partners is a winner… so far

    CrossAmerica Partners is a winner… so far

    I sell out of BP, Oil execs on the hot seat, inflation still sky high, and much much more!

  • Consumer staples getting squeezed by inflation

    Consumer staples getting squeezed by inflation

    Procter & Gamble Co., Clorox Co., Kraft Heinz Co. and other consumer-products giants have made a bet that consumers will pay up for household products even as inflation takes hold. Over the past year, the companies have seen profits and market share grow as they have raised prices on products from detergent and diapers to snacks and soda. Now consumers, hit by soaring […]