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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