Earnings Reports To Watch This Week For 3 Dividend Paying Firms


Written by TheDividendManager.com

Earnings season has resulted in a lot of excitement in the market. Last week it included some of the big banks including Citigroup (NYSE: C) and JP Morgan (NYSE: JPM). This week the notables include Johnson & Johnson (NYSE: JNJ), International Business Machines Corp. (NYSE: IBM) and Verizon Communications Inc. (NYSE: VZ).

Below are 3 of the most notable dividend stocks that will be releasing earnings results:

1. Johnson & Johnson

Johnson & Johnson will report earnings before the market open on Tuesday, April 18. The drug company is expected to report earnings of $1.77 per share, which would be higher than last year’s earnings of $1.68 per share.

The stock is up about 9% in 2017, which is higher than the S&P 500 index. Also, the company has beat analysts’ expectations over the last four quarters.

As for its dividend, Johnson & Johnson currently offers a dividend yield of approximately 2.6%. It has been increasing its quarterly dividend every year for over five decades. Investors should expect an announcement of a higher dividend later this month…

2. International Business Machines Corp.

International Business Machines will release its quarterly financial results after the closing bell on Tuesday, April 18. The technology company is expected to report earnings of $2.34 per share, which would be slightly below last year’s earnings of $2.35 per share.

Despite sluggish revenue growth, IBM’s stock is up about 12% in the last twelve month and up 2% in 2017.

For investors, the company’s dividend is what is typically most attractive. IBM currently offers a dividend yield of 3.3%. It has been increasing its dividend annually since 2000. On average, the stock has increased its dividend by 17% each year.

3. Verizon Communications Inc. 

Verizon will report quarterly earnings before the opening bell on Tuesday, April 18. The communications company is expected to post earnings of $0.98 per share, which would be lower than $1.06, reported in the same quarter, a year ago.

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