Top Dividend Stocks To Own For 2022

Shares of Spectrum Brands Holdings, Inc. (SPB Quick QuoteSPB ) have increased 17.8% during trading hours on Sep 8 after the company reached an agreement to divest its Hardware & Home Improvement (HHI) segment to Sweden-based lockmaker ASSA ABLOY for a deal value of $4.3 billion in cash. This represents above 14x HHI’s projected adjusted EBITDA for fiscal 2021. Management informed that it will receive $3.5 billion of net proceeds after final tax calculations and purchase price adjustments.

The company expects to utilize these proceeds to repay debt, which in turn, will lower its gross leverage ratio to 2.5X and strengthen the balance sheet. The remaining proceeds will be allocated to organic growth, funding strategic acquisitions and returning capital to shareholders. This will help the company retain its quarterly cash dividend of 42 cents a share.

The sale of HHI is subject to some regulatory approvals and customary closing conditions. HHI’s operations will be reported as discontinued starting the fourth quarter of 2021. Post sale, Spectrum Brands business will be streamlined, thus allowing it to intensify its focus on its three core business units, namely Global Pet Care, Home & Garden, and Home and Personal Care.

The HHI segment, which includes security products, plumbing products and hardware products, contributed roughly 36% to the company’s overall net sales during third-quarter fiscal 2021. The division, which houses brands like Kwikset, Weiser, Baldwin, Pfister, National Hardware, et al, reported organic sales growth of 46.7% year over year in the reported quarter. It recorded a sales increase of 48.8% on double-digit growth in all categories, particularly security, owing to strong demand and product launches.

On a pro-forma basis, management said that the company delivered net sales worth $3 billion and an adjusted EBITDA of $386 million with a margin of 13% for the LTM period ended Jul 4, 2021.

Top Dividend Stocks To Own For 2022: Ra! ytheon Company(RTN)

Raytheon Company, together with its subsidiaries, provides electronics, mission systems integration, and other capabilities in the areas of sensing, effects, and command, control, communications, and intelligence systems, as well as mission support services in the United States and internationally. It operates in six segments: Integrated Defense Systems, Intelligence and Information Systems, Missile Systems, Network Centric Systems, Space and Airborne Systems, and Technical Services. The Integrated Defense Systems segment provides integrated naval, air, and missile defense and civil security response solutions. The Intelligence and Information Systems segment offers intelligence, surveillance and reconnaissance, advanced cyber solutions, weather and environmental solutions, and information-based solutions for law enforcement and homeland security. The Missile Systems segment develops and produces weapon systems, including missiles, smart munitions, close-in weapon systems, projectiles, kinetic kill vehicles, and directed energy effectors for the armed forces of the U.S. and other allied nations. The Network Centric Systems segment provides net-centric mission solutions, including integrated communications systems, command and control systems, combat systems, and operations and precision components for the U.S. federal, state, and local government customers, as well as civil customers. The Space and Airborne Systems segment designs and develops integrated systems and solutions for missions, including intelligence, surveillance, and reconnaissance; precision engagement; unmanned aerial operations; and space. The Technical Services segment provides training, logistics, engineering, product support, and operational support services for the mission support, homeland security, space, civil aviation, counterproliferation, and counterterrorism markets. Raytheon Company was founded in 1922 and is based in Waltham, Massachusetts.

Advisors’ Opinion:

  • [By Max Byerly]

    Get a free copy of the Zacks research report on Raytheon (RTN)

    For more information about research offerings from Zacks Investment Research, visit Zacks.com

  • [By Lou Whiteman]

    The THAAD system is designed to shoot down short- and medium-range ballistic missiles on their descent. The Lockheed-manufactured system with Raytheon (NYSE:RTN) radars attracted attention in the last year as the primary U.S. deterrent to North Korean rockets over the Pacific. It’s also a potential deterrent to Iran, which is why the system is of interest to both Saudi Arabia and Israel among other U.S. allies in the region.

  • [By Reuben Gregg Brewer]

    Shares of Raytheon (NYSE:RTN) rose 13% in February according to data provided by S&P Global Market Intelligence. It was a continuation of a trend for the military industrial company, which gained roughly 21% in the first two months of the year. That February gain, meanwhile, easily outpaced the performances of some of its largest peers. But the news driving it really started in January.

  • [By Lou Whiteman]

    It could also slow down efforts led by Raytheon (NYSE:RTN) and Lockheed Martin to modernize missile defense and stunt work being done at Northrop Grumman (NYSE:NOC), Boeing (NYSE:BA), General Dynamics (NYSE:GD), and others to modernize the U.S. nuclear triad.

Top Dividend Stocks To Own For 2022: Amphenol Corporation(APH)

Amphenol Corporation engages in the design, manufacture, and marketing of electrical, electronic, and fiber optic connectors; interconnect systems; and coaxial and specialty cables worldwide. Its Interconnect Products and Assemblies segment produces connectors and connector assemblies primarily for the communications, aerospace, industrial, and automotive markets. This segment provides connector and cable assembly products used in communication applications; smart card acceptor and other interconnect devices used in mobile telephones; set top boxes to facilitate reading data from smart cards; fiber optic connectors used in fiber optic signal transmission; backplane and input/output connectors and assemblies used for servers and data storage devices and linking personal computers and peripheral equipment; sculptured flexible circuits used for integrating printed circuit boards; and hinge products used in mobile phone and other mobile communication devices. It also designs a nd produces radio frequency connector products and antennas used in telecommunications, computer and office equipment, instrumentation equipment, local area networks, and automotive electronics. The company?s Cable Products segment produces coaxial cable and connector products used in cable television systems, including full service cable television/telecommunication systems; radio frequency and fiber optic interconnect components for full service cable television/ telecommunication networks; and data cables and specialty cables used to connect internal components in systems with space and component configuration limitations. Amphenol Corporation markets its products directly, as well as through manufacturers? representatives and distributors to original equipment manufacturers, contract manufacturers, cable system operators, and telecommunication companies. The company was founded in 1932 and is headquartered in Wallingford, Connecticut.

Advisors’ Opinion:

  • [By Max Byerly]

    Get a free copy of the Zacks research report on Amphenol (APH)

    For more information about research offerings from Zacks Investment Research, visit Zacks.com

  • [By Max Byerly]

    WESPAC Advisors SoCal LLC reduced its position in shares of Amphenol Co. (NYSE:APH) by 3.1% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 7,725 shares of the electronics maker’s stock after selling 250 shares during the period. WESPAC Advisors SoCal LLC’s holdings in Amphenol were worth $626,000 at the end of the most recent reporting period.

Top Dividend Stocks To Own For 2022: Pinnacle West Capital Corporation(PNW)

Pinnacle West Capital Corporation, through its subsidiaries, provides retail and wholesale electric services primarily in the State of Arizona. The company involves in the generation, transmission, and distribution of electricity through coal, nuclear, gas and oil, and solar resources. It also offers energy-related products and services, such as energy master planning, energy use consultation and facility audits, cogeneration analysis and installation, and project management with a focus on energy efficiency and renewable energy to commercial and industrial retail customers in the western United States. In addition, the company owns minority interests in various energy-related investments and Arizona community-based ventures; and develops residential, commercial, and industrial real estate projects in Arizona, Idaho, New Mexico, and Utah. As of December 31, 2010, it owned or leased approximately 6,290 mega watts of regulated generation capacity; and serviced approximately 1.1 million customers. Pinnacle West Capital Corporation was founded in 1920 and is based in Phoenix, Arizona.

Advisors’ Opinion:

  • [By Motley Fool Transcribers]

    Pinnacle West Capital Corp (NYSE:PNW)Q42018 Earnings Conference CallFeb. 22, 2019, 11:00 a.m. ET

    Contents:
    Prepared Remarks Questions and Answers Call Participants
    Prepared Remarks:

    Operator

  • [By Joseph Griffin]

    Pinnacle West Capital (NYSE:PNW) last posted its quarterly earnings results on Friday, August 3rd. The utilities provider reported $1.48 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $1.44 by $0.04. The firm had revenue of $974.12 million during the quarter, compared to analysts’ expectations of $939.59 million. Pinnacle West Capital had a return on equity of 9.12% and a net margin of 12.95%. The company’s revenue was up 3.1% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.49 earnings per share. analysts anticipate that Pinnacle West Capital Co. will post 4.45 earnings per share for the current year.

Top Dividend Stocks To Own For 2022: Nordson Corporation(NDSN)

Nordson Corporation manufactures equipment used for precision dispensing, testing and inspection, and surface preparation and curing. Its Adhesive Dispensing Systems segment manufactures equipment for applying adhesives, lotions, and liquids to disposable products; automated adhesive dispensing systems for the food and beverage, and packaged goods industries; hot melt and cold glue adhesive dispensing systems for the paper and paperboard converting industries; adhesive and sealant dispensing systems for bonding or sealing plastic, metal, and wood products; and laminating and coating systems to manufacture continuous-roll goods in the nonwovens, textile, paper, and flexible-packaging industries. The company?s Advanced Technology Systems segment comprises automated gas plasma treatment systems used to clean and condition surfaces for the semiconductor, medical, and printed circuit board industries; controlled manual and automated systems for applying materials in customer pr ocesses requiring precision and material conservation; ultraviolet equipment used in curing and drying operations for specialty coatings, semiconductor materials, and paints; and bond testing and automated optical and x-ray inspection systems used in the semiconductor and printed circuit board industries. Its Industrial Coating Systems segment provides automated and manual dispensing systems used for applying coatings, paint, finishes, sealants, and other materials. Nordson Corporation markets its products in the United States and internationally through a direct sales force, as well as through qualified distributors and sales representatives. It serves various markets, including the appliance, automotive, bookbinding, container, converting, electronics, food and beverage, furniture, life sciences and medical, metal finishing, non woven, packaging, and semiconductor industries. The company was founded in 1935 and is headquartered in Westlake, Ohio.

Advisors’ Opinion:

  • [By Joseph Griffin]

    Several research firms recently commented on NDSN. Zacks Investment Research lowered shares of Nordson from a “hold” rating to a “sell” rating in a research note on Wednesday, February 13th. BidaskClub downgraded shares of Nordson from a “strong-buy” rating to a “buy” rating in a report on Tuesday. ValuEngine downgraded shares of Nordson from a “buy” rating to a “hold” rating in a report on Wednesday, January 2nd. Gabelli reaffirmed a “hold” rating on shares of Nordson in a report on Tuesday, December 18th. Finally, CIBC upgraded shares of Nordson from a “market perform” rating to an “outperform” rating and set a $140.00 target price for the company in a research report on Tuesday, January 8th. Eight research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. Nordson presently has an average rating of “Hold” and an average price target of $143.57.

    WARNING: “Nordson Co. (NDSN) CEO Michael F. Hilton Sells 4,000 Shares” was posted by Ticker Report and is the property of of Ticker Report. If you are reading this report on another domain, it was copied illegally and reposted in violation of United States & international copyright and trademark legislation. The original version of this report can be viewed at www.tickerreport.com/banking-finance/4204534/nordson-co-ndsn-ceo-michael-f-hilton-sells-4000-shares.html.

    Nordson Company Profile

  • [By Motley Fool Transcribing]

    Nordson (NASDAQ:NDSN) Q2 2019 Earnings Conference CallFeb. 21, 2019 8:30 a.m. ET

    Contents:
    Prepared Remarks Questions and Answers Call Participants
    Prepared Remarks:

    Operator

Top Dividend Stocks To Own For 2022: Investors Real Estate Trust(IRET)

Investors Real Estate Trust, a real estate investment trust (REIT), engages in the ownership and operation of income-producing real estate properties in the United States. It owns multi-family residential properties and commercial office, medical, industrial, and retail properties located primarily in the upper midwest states of Minnesota and North Dakota. As of April 30, 2008, the company operated a real estate portfolio of 72 multi-family residential; 65 office; 48 medical; 17 industrial; and 33 retail properties. Investors Real Estate Trust has elected to be taxed as a REIT under the Internal Revenue Code of 1986. As a REIT, the trust is not subject to federal corporate income taxes, if it distributes at least 90% of its taxable income to its shareholders. The company was founded in 1970 and is headquartered in Minot, North Dakota with additional offices in Minneapolis, Minnesota, and Omaha, Nebraska; and Kansas City, Kansas, and St. Louis, Missouri.

Advisors’ Opinion:

  • [By Joseph Griffin]

    Get a free copy of the Zacks research report on Investors Real Estate Trust Reit (IRET)

    For more information about research offerings from Zacks Investment Research, visit Zacks.com

  • [By Motley Fool Transcribing]

    Investors Real Estate Trust (NYSE:IRET) Q1 2019 Earnings Conference CallSep. 11, 2018 10:00 a.m. ET

    Contents:
    Prepared Remarks Questions and Answers Call Participants
    Prepared Remarks:

    Operator

Top Dividend Stocks To Own For 2022: P.T. Telekomunikasi Indonesia Tbk.(TLK)

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk provides telecommunication and network services worldwide. The company?s Fixed Wireline segment offers local, domestic long-distance, international telephone services, and other telecommunications services, including leased lines, telex, transponder, satellite, and very small aperture terminal (VSAT), as well as ancillary services. Its Fixed Wireless segment provides local and domestic long-distance code division multiple access-based telephone services, as well as other telecommunication services within a local area code. Perusahaan Perseroan?s Cellular segment offers mobile cellular telecommunication services. Its network services comprise satellite transponder leasing, satellite broadcasting, VSAT, audio distribution, and terrestrial and satellite-based leased lines. The company?s data and Internet services include short messaging service for fixed wire line, fixed wireless, and cellular phones, dial-up and broadband Internet access, virtual private network (VPN) frame relay, Internet protocol (IP) VPN, voice over IP for international calls, integrated services digital network connections, and other multimedia services. The company also provides information services, such as billing, directory assistance, and content services; and wireless application protocol, Web portal, ring back tones, voicemail, and building management services. In addition, it offers consultancy services, as well as constructs and maintains telecommunications facilities; interconnection services; telephone directory production services; and cable and pay television services. As of December 31, 2010, the company served 120.5 million customers, including 8.3 million fixed wireline telephone subscribers, 18.2 million fixed wireless telephone subscribers, and 94.0 million cellular telephone subscribers. Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk was founded in 1884 and is headquartered in Bandung, Indonesia.

Advisors’ Opinion:

  • [By Joseph Griffin]

    Several analysts have recently issued reports on TLK shares. TheStreet upgraded shares of Telekomnks Indn Prsr Tbk Prshn Prsrn from a “c+” rating to a “b-” rating in a research report on Tuesday, November 6th. ValuEngine upgraded shares of Telekomnks Indn Prsr Tbk Prshn Prsrn from a “sell” rating to a “hold” rating in a research report on Wednesday, October 17th. Two research analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. The stock currently has an average rating of “Buy”.

    COPYRIGHT VIOLATION WARNING: “Augustine Asset Management Inc. Sells 28,367 Shares of Telekomnks Indn Prsr Tbk Prshn Prsrn-ADR (TLK)” was originally reported by Ticker Report and is the property of of Ticker Report. If you are viewing this report on another domain, it was illegally copied and republished in violation of U.S. & international trademark & copyright law. The legal version of this report can be read at www.tickerreport.com/banking-finance/4150140/augustine-asset-management-inc-sells-28367-shares-of-telekomnks-indn-prsr-tbk-prshn-prsrn-adr-tlk.html.

    About Telekomnks Indn Prsr Tbk Prshn Prsrn

  • [By Anders Bylund]

    Telekomunikasi Indonesia (NYSE:TLK), the largest telecommunications company in Indonesia, reported second-quarter results on July 31st. The company is losing cellphone subscribers to lower-priced rivals, but management insists that charging higher prices for a higher-quality service is the right way to go.

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