Investing
Here’s a surprise from a die-hard closed-end fund (CEF) fan like me: Sometimes CEFs aren’t your best bet. I’ll admit, that’s tough for me to say—especially when the average CEF yields a historically high 9.1%. (CEF yields are usually around 8.5%). That high yield partly reflects the fact that many CEFs are trading at steep discounts to their net asset value (NAV). Translation: The fund is trading for less than what its underlying portfolio is worth. That, in turn, has resulted in lower prices among some CEFs, along with higher yields (as yields and prices move in opposite directions). All…
On 12/5/24, NVIDIA, Qualcomm, and NXP Semiconductors will all trade ex-dividend for their respective upcoming dividends. NVIDIA will pay its quarterly dividend of $0.01 on 12/27/24, Qualcomm will pay its quarterly dividend of $0.85 on 12/19/24, and NXP Semiconductors will pay its quarterly dividend of $1.014 on 1/8/25. Start slideshow: 10 Stocks Where Yields Got More Juicy » As a percentage of NVDA’s recent stock price of $138.63, this dividend works out to approximately 0.01%, so look for shares of NVIDIA to trade 0.01% lower — all else being equal — when NVDA shares open for trading on 12/5/24. Similarly,…
If you’ve been investing for a while, you’ve probably thought about private equity more than once. Adding exposure to “PE” firms, which buy and sell privately held businesses, is a great way to diversify beyond the big names of the S&P 500. But of course, to get in on that action, we have to be either institutional investors or have a net worth high enough to be “accredited.” Most people stop there. But there is a way to access private equity through a kind of lesser-known “back door.” For example, you could buy an ETF like the Invesco Global Listed…
These high-energy young entrepreneurs are innovating new methods to unlock a cleaner, greener future. By Hank Tucker, Chris Helman and Igor Bosilkovski Solar energy capacity has grown exponentially in the last decade as one of the leading catalysts of the green revolution away from fossil fuels, but a drawback of solar farms is that they can only generate energy in daylight. Ben Nowack is challenging this basic law of nature by selling “sunlight as a service” at all hours. Nowack, 28, and his Reflect Orbital cofounder Tristan Semmelhack, 23, have raised $8.7 million from prestigious investors including Sequoia Capital to…
Jing Hong, founding partner of Beijing-based Gaocheng Capital, says investors have “underestimated” the growth potential of Chinese enterprise software companies. Gaocheng Capital is the “last man standing” among investors still backing Chinese enterprise software companies, said its founding partner Jing Hong in an interview on the sidelines of the Forbes Global CEO Conference last month in Bangkok. While the low stock prices of listed companies in the sector has driven most investors away, Hong is staying put because she believes her Beijing-based private equity firm “will become China’s blue-chip enterprise SaaS (software-as-a-service) index.” Hong’s confidence stems from her stellar track…
Nvidia has become a household word these days. As a holder since 2015, I have experienced the growth stages of the stock—along with the sell offs—for almost ten years. Some of those stages were short lived—like the crypto mining rush and the gaming rush. Today’s almost universal worshipping of the company has a very different tone though. There are few investors taking the other side of this trade. Here are some of my concerns: Circus-like atmosphere around NVDA’s earnings announcements: Countdown clocks, near continuous coverage the day before earnings, and general analysts’ positive coverage of NVDA are all at the…
Sustainability is back in the news with a vengeance as the new Netflix documentary “Buy Now!” indicts brands over dodgy tactics and waste After nearly three decades of experience in the retail industry, there isn’t much about the questionable practices of some retail brands and merchandisers that catches me off guard. But the makers of a new Netflix documentary have managed to package the global scope and impact of overproduction and consumption in a way that even I found profoundly disturbing. Buy Now! The Shopping Conspiracy should be required viewing for every corporate executive in retail, especially those in the…
Is it Time to Sell? How to Tell As I go to parties this post-election holiday season, I am often asked, “Is this a stock market bubble?” Unfortunately, many investors fruitlessly search for a magic indicator to pick the top of a bull market or take advice from strangers at a dinner party. As outlined in my latest financial history book, “Investment Atlas III – Creating Wealth Using Historical Trends”, there are several tools stock investors can use to gauge the health of an old bull market similarly to how doctors use various tests during routine physical exams on their…
Key News Asian equities had a strong day despite a very strong US dollar overnight, as Taiwan, the Philippines, and Pakistan outperformed, and South Korea underperformed again, as the KOSPI and growth-focused KOSDAQ are now off -15% and -28% year-to-date. I have not seen any calls for Emerging Markets ex South Korea, though it is giving the FTSE EM index an edge over the MSCI EM index due to the former’s upgrade of South Korea to developed market status. Hong Kong and Mainland China had strong sessions, led by growth stocks following better-than-expected purchasing managers’ indexes, November auto sales, and…
Today we’ll discuss a 5.4% dividend that actually annualizes to 7%. A 5.7% payer that really dishes 12.4%. And even a headline 15% yield that is understated because the company handed out 16.1% last year. Wait. What? These “typos” fool the mainstream financial websites. We are discussing special dividends today. Payouts that are awarded as a bonus to regular quarterly dividends. Only a select few firms dish specials. Sometimes, it’s thanks to a sudden influx of money. Let’s take billboard and transit display giant Outfront Media (OUT) which sold its Canadian business for C$410 million in cash in June. Fast…
Star Bulk Carriers has been named as a Top 10 dividend stock, according the most recent Dividend Channel ”DividendRank” report. The report noted that among the coverage universe, SBLK shares displayed both attractive valuation metrics and strong profitability metrics. For example, the recent SBLK share price of $17.32 represents a price-to-book ratio of 0.8 and an annual dividend yield of 13.86% — by comparison, the average company in Dividend Channel’s coverage universe yields 4.1% and trades at a price-to-book ratio of 2.8. The report also cited the strong quarterly dividend history at Star Bulk Carriers , and favorable long-term multi-year…
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