Tag: PFE

Top Untaxed Foreign Earnings Stocks

The United States has one of the highest tax rates in the world for corporations. In the past, the U.S. Government might have thought that this was a great source of income for the government, yet the risk of unintended consequences has taken place.

Companies that have earnings in other countries have decided to leave those earnings there in order to avoid the U.S. taxation, creating what is called untaxed foreign earnings. If the money is brought back to the United States, it becomes taxable at 35%. Over one third of the income is a pretty big chunk of money to be removed from the corporate coffers.

So what are the unintended consequences? Companies that are forced to leave their profits overseas due to the oppressive taxation, can’t use that money to hire more Americans, can’t use it to improve machinery and plants, and can’t use it to pay out higher dividends which could benefit income investors and pension plans. It also can’t be used to buy out smaller companies. Basically, it prevents money from flooding the US economy.

The current administration has proposed a 10% tax on repatriated funds, which would be a huge benefit to many corporations, primarily in the areas of technology and health care.

So there may be a play in some of the stocks that are holding huge amounts of money in other countries. For example, Apple (AAPL) holds more money outside the U.S. than any other publicly traded company, somewhere around $200 billion (give or take $25 billion; when you’re talking about that much money, who’s counting).

Other companies with a lot of funds held overseas include:

Alphabet [Google] (GOOG)

Cisco (CSCO)

General Electric (GE)

IBM (IBM)

Intel (INTC)

Microsoft (MSFT)

Oracle (ORCL)

Pfizer (PFE)

It may be a while before the untaxed foreign earnings tax break takes place, but when it does, the benefits to the companies should be swift.

Disclosure: Author owns AAPL and MSFT

Stocks Going Ex-Dividend the First Week of February

Here is our latest update on the stock trading technique called ‘Buying Dividends,’ also commonly referred to as ‘Dividend Capture.’ This is the process of buying stocks before the ex dividend date and selling the stock shortly after the ex date at about the same price, yet still being entitled to the dividend. This technique generally works only in bull markets, and can work in flat or choppy markets, but you need to avoid the technique during bear markets.

In order to be entitled to the dividend, you have to buy the stock before the ex-dividend date, and you can’t sell the stock until after the ex date. The actual dividend may not be paid for another few weeks.

WallStreetNewsNetwork.com has compiled a downloadable and sortable list of the stocks going ex dividend in the near future. The list contains many dividend paying companies, lots with market caps over $500 million, and yields over 2%. Here are a few examples showing the stock symbol, the ex-dividend date, the quarterly dividend amount, and annual yield.

Brown & Brown, Inc. (BRO) 2/1/2023 0.135 1.16%
D.R. Horton, Inc. (DHI) 2/1/2026 0.1 1.10%
Heidrick & Struggles Intl (HSII) 2/1/2034 0.13 2.32%
Norfolk Souther Corporation (NSC) 2/1/2040 0.61 1.96%
Pfizer, Inc. (PFE) 2/1/2044 0.32 3.82%
Progressive Corporation (The) (PGR) 2/1/2045 0.681 2.34%
Wells Fargo & Company (WFC) 2/1/2054 0.38 2.68%
Baker Hughes Incorporated (BHI) 2/2/2023 0.17 1.08%
Citigroup Inc. (C) 2/2/2024 0.16 0.74%

The additional ex-dividend stocks can be found here at wstnn.com. (If you have been to the website before, and the latest link doesn’t show up, you may have to empty your cache.) If you like dividend stocks, you should check out some of the other high yield stock lists at WallStreetNewsNetwork.com or WStNN.com. Most of the lists are free.

Dividend definitions:

Declaration date: the day that the company declares that there is going to be an upcoming dividend.

Ex-dividend date: the day on which if you buy the stock, you would not be entitled to that particular dividend; or the first day on which a shareholder can sell the shares and still be entitled to the dividend.

Monthly Dividend Stock List

Record date: the day when you must be on the company’s books as a shareholder to receive the dividend. The ex-dividend date is normally set for stocks at two business days before the record date.

Payment date: the day on which the dividend payment is actually made, which can be as long at two months after the ex date.

Book now available: Buying Dividends Revised and Expanded

Book now available: Stock Market Trivia Makes a Great Gift!
Don’t forget to reconfirm the ex-dividend date with the company before implementing this technique.

Disclosure: Author did not own any of the above at the time the article was written.


Stocks Going Ex Dividend the Second Week of November

Here is our latest update on the stock trading technique called ‘Buying Dividends,’ also commonly referred to as ‘Dividend Capture.’ This is the process of buying stocks before the ex dividend date and selling the stock shortly after the ex date at about the same price, yet still being entitled to the dividend. This technique generally works only in bull markets, and can work in flat or choppy markets, but you need to avoid the technique during bear markets.

In order to be entitled to the dividend, you have to buy the stock before the ex-dividend date, and you can’t sell the stock until after the ex date. The actual dividend may not be paid for another few weeks.

WallStreetNewsNetwork.com has compiled a downloadable and sortable list of the stocks going ex dividend in the near future. The list contains many dividend paying companies, lots with market caps over $500 million, and yields over 2%. Here are a few examples showing the stock symbol, the ex-dividend date, the dividend amount, and yield.

Company Symbol Ex Div Date Amount Yield
Artesian Resources Corporation ARTNA 11/7/2016 0.23 3.3%
Sonic Corp. SONC 11/7/2016 0.14 2.4%
Winnebago Industries, Inc. WGO 11/7/2016 0.10 1.4%
Xylem Inc. XYL 11/7/2016 0.16 1.3%
A.H. Belo Corporation AHC 11/8/2016 0.08 5.0%
American Software, Inc. AMSWA 11/8/2016 0.11 4.2%
Penske Automotive Group, Inc. PAG 11/8/2016 0.29 2.6%
Pfizer, Inc. PFE 11/8/2016 0.30 3.8%
PPG Industries, Inc. PPG 11/8/2016 0.40 1.7%
Spectra Energy Corp SE 11/8/2016 0.41 3.9%
Sonoco Products Company SON 11/8/2016 0.37 2.9%

The additional ex-dividend stocks can be found here at wstnn.com. (If you have been to the website before, and the latest link doesn’t show up, you may have to empty your cache.) If you like dividend stocks, you should check out some of the other high yield stock lists at WallStreetNewsNetwork.com or WStNN.com. Most of the lists are free.

Dividend definitions:

Declaration date: the day that the company declares that there is going to be an upcoming dividend.

Ex-dividend date: the day on which if you buy the stock, you would not be entitled to that particular dividend; or the first day on which a shareholder can sell the shares and still be entitled to the dividend.

Monthly Dividend Stock List

Record date: the day when you must be on the company’s books as a shareholder to receive the dividend. The ex-dividend date is normally set for stocks at two business days before the record date.

Payment date: the day on which the dividend payment is actually made, which can be as long at two months after the ex date.

Book now available: Buying Dividends Revised and Expanded

Book now available: Stock Market Trivia Makes a Great Gift!
Don’t forget to reconfirm the ex-dividend date with the company before implementing this technique.

Disclosure: Author did not own any of the above at the time the article was written.