Hormel Foods, the maker of SPAM and Skippy Peanut Butter, released its Q3 results on August 23. This article is an update to my February 22 and May 24 articles. Summary HRL is transitioning from low margin commodity related businesses to higher margin branded value added products. Brands with a long history in North [...]
Summary HRL is transitioning from low margin commodity related businesses to higher margin branded value added products. Brands with a long history in North American markets are being well received in international markets. HRL is one of a handful of companies which has increased its dividend for 50+ consecutive years. The dividend yield is low [...]
This is a follow up to my August 21st J.M. Smucker Company article in which I explained how I am employing the use of a conservative call option strategy to generate additional income while I patiently wait for this company's restructuring efforts to pan out. My objective, albeit ambitious, is to generate ~$7,390 in dividend [...]
The J.M. Smucker Company is currently transforming its business and the investment community has not reacted kindly to the speed at which this transformation is occurring and level of progress made to date. As a result, shares have come under pressure. While investors wait for this transformation to generate the desired results, there is a [...]
I have held shares in this company since January 2007 and view its as a core holding and fully intend to continue to add to my current position. The company's stock price, however, has surged subsequent to early July 2018 to the extent where I view the shares as being priced to perfection. Summary This [...]
Summary This high quality Canadian insurance company has grown successfully through multiple acquisitions and is now one of Canada’s largest P&C insurance companies (~17% market share). Growth opportunities in Canada are limited in that the top 5 P&C insurers in Canada have a 48% market share. In 2017, it expanded into the US market but [...]
This company may appeal to investors seeking exposure to the Technology sector who also want to generate an increasing stream of dividend income. Summary This company’s shift to more of a software and subscription-based offerings is resulting in more revenue predictability. The company has an extremely strong balance sheet and generates significant FCF on [...]
Summary Cisco has shifted to more of a software and subscription-based offerings is resulting in more revenue predictability. It has an extremely strong balance sheet and generates significant FCF on an annual basis. An investment in Cisco offers investors the opportunity to have exposure to the technology sector without having to assume the potential of [...]
This company has transformed itself radically over the past few years having gone from a predominantly Canadian exposure to one where the majority of revenue is derived from the US. Based on current metrics, investors can earn a ~6% dividend yield if they participate in the company’s dividend reinvestment program. Summary This company has more [...]
Summary This company has more than doubled its annual revenue since FY2015. Growth is being generated primarily from the US, as opposed to Canada, subsequent to the completion of a very significant acquisition in 2016. The company will be incurring significant CAPEX over the next few years. As a prudent measure, the historical dividend growth [...]
