Big-Name Earnings Reports To Watch This Week For 3 Dividend Paying Firms

We highlighted three big-name dividend-paying companies last week as they prepared to released their quarterly earnings...This week, there are a few notable earnings releases to watch - Walgreens Boots Alliance Inc. (NYSE: WBA), Monsanto Company (NYSE: MON) and Acuity Brands, Inc. (NYSE: AYI).

Written by TheDividendManager.com

Walgreens Boots Alliance Inc. (NYSE: WBA)

Walgreens Boots Alliance will report earnings before the opening bell on Wednesday, April 5. Analysts expect the retailer to report earnings of $1.36 per share, which would be above of the earnings reported in the same quarter last year, which was $1.31 per share.

There has been a lot of focus on the pending merger of Walgreens Boot Alliance and Rite Aid (NYSE: RAD). Last week, a delay in the merger was reported.

On a dividend basis, the company offers a yield of about 1.80%, which is well below the drug store average, which is over 3%. However, Walgreen’s has a great dividend history. It has been boosting its dividend consistently every year for over 40 years.

Monsanto Company (NYSE: MON)

Monsanto is set to release its financial results before the opening bell on Wednesday, April 5. The company is expected to report earnings of $2.76 per share, which would be higher than the $2.42 per share reported last year.

The stock performance over the last twelve months has impressed investors, jumping 30%. This performance has been driven by earnings growth.

The chemical company offers a dividend yield of approximately 1.90%. The company has been increasing its dividend every year since 2010.

Acuity Brands, Inc. (NYSE: AYI)

Acuity Brands will release its quarterly earnings before the opening bell on Tuesday, April 4. The company is expected to report earnings of $1.70 per share, which would be unchanged from the same time period, a year ago.

We highlight Acuity as one of the major companies reporting earnings this week, but it is not really ideal with dividend investors. Currently, the stock offers a dividend yield of about 0.25%. In 2008, Acuity lowered its quarterly dividend and was never able to increase it again.

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