Dividend Stocks - The Dividend Daily http://www.dividend.com/blog Compounding Money Machines Tue, 10 Nov 2009 18:27:45 -0500 http://wordpress.org/?v=2.8.4 en Market Wrap-Up for Nov.10 (TYC, CF, SPG, X, KO, DEO, more) http://feedproxy.google.com/~r/DividendStocks-TheDividendDaily/~3/pUO1sFJdcZg/ http://www.dividend.com/blog/?p=16094#comments Tue, 10 Nov 2009 16:09:13 -0500 Dividend.com http://www.dividend.com/blog/?p=16094 After yesterday’s 200 point gains on the Dow, it was no surprise to see the markets consolidate today The volume on the rallies still remains on the low side and this is something we are keeping a close eye on.

Speaking of volume, we finished slightly lower than yesterday’s total with 4.39 Billion shares share traded on the NYSE and 1.95 Billion shares traded over on the NASDAQ. As for Dividend stocks in the news today, earnings results took down shares of Fluor Corp (FLR) and Tyco International (TYC). Other dividend plays that lagged today included Murphy Oil (MUR), Simon Property Group (SPG), U.S. Steel (X) and CF Industries (CF).

On the upside today, we are seeing bullish analyst calls boosting shares of Rockwell Automation (ROK) and Royal Bank of Canada (RY) which was helped by an upgrade from UBS. Other dividend-paying stocks finishing in the green included Mead Johnson (MJN), Coca-Cola (KO), Diageo (DEO) and Lorillard (LO). Notice the positive trend in consumer staples names!

We are evaluating our list of Dividend recommendations as well as potential new plays that may be joining the list next. We’ll be sure to keep subscribers updated on any changes we make.

Be sure to visit our complete recommended list of the Best Dividend Stocks, as well as a detailed explanation of our ratings system here.

]]> http://www.dividend.com/blog/?feed=rss2&p=16094 KOTYCMJNSPGMURCFRYLOFLRROKXDEOhttp://www.dividend.com/blog/?p=16094 Latest Dividend Notes (NMY, DEO, SNA, NYB, DISH, more) http://feedproxy.google.com/~r/DividendStocks-TheDividendDaily/~3/TEoxHFx35nk/ http://www.dividend.com/blog/?p=16090#comments Tue, 10 Nov 2009 12:37:53 -0500 Dividend.com http://www.dividend.com/blog/?p=16090 Here are some dividend-related notes from other sources around the web today.

Can these dividend stocks make you a millionaire?

Giving Snap-On (SNA) shares a second look.

Are these bank dividends as juicy as they look?

Will Dish Network (DISH) now consider paying regular dividend payouts?

Be sure to visit our complete recommended list of the Best Dividend Stocks, as well as a detailed explanation of our ratings system here.

]]> http://www.dividend.com/blog/?feed=rss2&p=16090 SNADISHhttp://www.dividend.com/blog/?p=16090 Kimberly-Clark’s Estimates Lifted at Bank of America/Merrill Lynch (KMB) http://feedproxy.google.com/~r/DividendStocks-TheDividendDaily/~3/BlRBKpr-tWQ/ http://www.dividend.com/blog/?p=16084#comments Tue, 10 Nov 2009 11:05:55 -0500 Dividend.com http://www.dividend.com/blog/?p=16084 Health and hygiene products maker Kimberly-Clark Corporation (KMB) on Tuesday saw its earnings estimates lifted by analysts at Bank of America/Merrill Lynch.

The analyst said it has increased its 2010 EPS estimate for KMB to $5.20 from $5.15, and reiterated its “Buy” rating and $72 price target for the stock.

Kimberly-Clark shares, which closed on Monday at $64.10, rose 33 cents, or +0.5%, in morning trading Tuesday.

The Bottom Line
We have been recommending shares of KMB since July 23, when the stock was trading at $54.46. The company has a 3.74% dividend yield, based on last night’s closing stock price of $64.10.

Kimberly-Clark Corporation (KMB) is a “recommended” dividend stock, holding a Dividend.com DARS™ Rating of 3.5 out of 5 stars.

Be sure to visit our complete recommended list of the Best Dividend Stocks, as well as a detailed explanation of our ratings system here.

]]> http://www.dividend.com/blog/?feed=rss2&p=16084 KMBhttp://www.dividend.com/blog/?p=16084 Comcast Price Target & Estimates Increased at Barclays Capital (CMCSA) http://feedproxy.google.com/~r/DividendStocks-TheDividendDaily/~3/QbczVQEcDh4/ http://www.dividend.com/blog/?p=16081#comments Tue, 10 Nov 2009 11:04:30 -0500 Dividend.com http://www.dividend.com/blog/?p=16081 Cable TV and Internet provider Comcast Corporation (CMCSA) saw its price target and earnings estimates raised on Tuesday by analysts at Barclays Capital.

The analyst raised its price target for CMCSA to $18 from a prior $17 (Comcast shares had closed at $15.15 on Monday). Barclays also lifted its 2009 and 2010 EPS estimates for the company to $1.22 and $1.34, respectively, and maintained its “Equal Weight” rating.

Comcast shares fell 18 cents, or -1.2%, in morning trading Tuesday.

The Bottom Line
We have avoided shares of CMCSA since our early June coverage began last year, when the stock was trading at $21.94. The company has a dividend yield of 1.78%, based on last night’s closing stock price of $15.15. The stock has technical support in the $13 price area. If the shares can firm up, we see overhead resistance around the $16.50-$18.00 price level. We would remain on the sidelines for now.

Comcast Corporation (CMCSA) is not recommended at this time, holding a Dividend.com DARS™ Rating of 3.2 out of 5 stars.

Be sure to visit our complete recommended list of the Best Dividend Stocks, as well as a detailed explanation of our ratings system here.

]]> http://www.dividend.com/blog/?feed=rss2&p=16081 CMCSAhttp://www.dividend.com/blog/?p=16081 FedEx’s Earnings Estimates Increased at Morgan Stanley (FDX) http://feedproxy.google.com/~r/DividendStocks-TheDividendDaily/~3/AWYMjnpGqrk/ http://www.dividend.com/blog/?p=16078#comments Tue, 10 Nov 2009 11:03:08 -0500 Dividend.com http://www.dividend.com/blog/?p=16078 Package delivery giant FedEx Corporation (FDX) saw its earnings estimates raised by analysts at Morgan Stanley on Tuesday.

The analyst boosted its earnings estimates for FDX through 2012, citing benefits from a GDP recovery, as well as strengthening demand in Asian and a weakening dollar. Morgan currently rates the stock as “Equal-weight.”

FedEx shares rose 46 cents, or +0.6%, in morning trading Tuesday.

The Bottom Line
We removed shares of FDX back on Oct. 1, when the stock was trading at $75.22. The company has a .54% dividend yield, based on last night’s closing stock price of $81.22. The stock has technical support in the $74-$75 price area. If the shares can firm up, we see overhead resistance around the $83-$87 price levels. We would remain on the sidelines for now.

FedEx Corporation (FDX) is not recommended at this time, holding a Dividend.com DARS™ Rating of 3.4 out of 5 stars.

Be sure to visit our complete recommended list of the Best Dividend Stocks, as well as a detailed explanation of our ratings system here.

]]> http://www.dividend.com/blog/?feed=rss2&p=16078 FDXhttp://www.dividend.com/blog/?p=16078 Applied Materials Price Target Increased at FBR Capital (AMAT) http://feedproxy.google.com/~r/DividendStocks-TheDividendDaily/~3/rn64BlWrZ7o/ http://www.dividend.com/blog/?p=16075#comments Tue, 10 Nov 2009 11:00:25 -0500 Dividend.com http://www.dividend.com/blog/?p=16075 Analysts at FBR Capital Markets on Tuesday boosted their price target for microchip components maker Applied Materials, Inc. (AMAT).

The analyst said it now sees AMAT shares reaching $14, and also raised its earnings estimates for the company. FBR Capital currently rates AMAT as a “Market Perform.”

Applied Materials shares, which closed at $12.98 on Monday, rose 8 cents, or +0.6%, in morning trading Tuesday.

The Bottom Line
We have avoided shares of AMAT, since our early June coverage began last year and the stock was trading at $18.89. The company has a 1.85% dividend yield, based on last night’s closing stock price of $12.98. The stock has near-term technical support in the $10.00-$10.50 price area. If the shares can firm up, we see overhead resistance around the $14-$16 price levels. We would remain on the sideline for now.

Applied Materials, Inc. (AMAT) is not recommended at this time, holding a Dividend.com DARS™ Rating of 3.3 out of 5 stars.

Be sure to visit our complete recommended list of the Best Dividend Stocks, as well as a detailed explanation of our ratings system here.

]]> http://www.dividend.com/blog/?feed=rss2&p=16075 AMAThttp://www.dividend.com/blog/?p=16075 Rockwell Automation’s Price Target Raised at BofA/Merrill Lynch and Barclays (ROK) http://feedproxy.google.com/~r/DividendStocks-TheDividendDaily/~3/1aWHCTmpCVY/ http://www.dividend.com/blog/?p=16072#comments Tue, 10 Nov 2009 10:30:43 -0500 Dividend.com http://www.dividend.com/blog/?p=16072 Industrial automation solutions company Rockwell Automation (ROK) saw its price target boosted on Tuesday by analysts at both Bank of America/Merrill Lynch and Barclays Capital.

Bank of America/Merrill Lynch raised its price target for ROK to $55 from a prior $50. The analyst also set its 2010 and 2011 EPS estimates at $2.00 and $2.75, respectively, and maintained its “Buy” rating on the stock.

Barclays Capital boosted its own price target on ROK to $58 from a prior $55, following the company’s fourth quarter earnings beat. The analyst also raised its 2010 earnings estimates slightly, and reiterated its “Overweight” rating on the stock.

Rockwell Automation shares, which closed at $43.30 on Monday, rose 85 cents, or +2%, in morning trading Tuesday.

The Bottom Line
We have avoided shares of ROK since our early June coverage began last year, when the stock was trading at $53.90. The stock has a 2.68% dividend yield, based on last night’s closing stock price of $43.30. The stock has technical support in the $35 price area. If the shares can firm up, we see overhead resistance around the $45-$50 price range. We would remain on the sidelines for now.

Rockwell Automation (ROK) is not recommended at this time, holding a Dividend.com DARS™ Rating of 3.3 out of 5 stars.

Be sure to visit our complete recommended list of the Best Dividend Stocks, as well as a detailed explanation of our ratings system here.

]]> http://www.dividend.com/blog/?feed=rss2&p=16072 ROKhttp://www.dividend.com/blog/?p=16072