This past week a few companies announced that they would be boosting their dividend payouts. Two of these companies are in the oil sector where energy companies are once again raking in the cash. Oil over $100 a barrel means record profits once again. The third company giving a dividend increase is a blue chip company with a long history of dividend growth. Investors seeking to generate income should look to these dividend stocks .
Warren Buffett is not a happy man. His company, Berkshire Hathaway has been receiving a lot of press recently and for all of the wrong reasons. Buffett’s company has been in the news a lot recently as the company is being investigated because of its connection with a scandal.
Free checking is going the way of the dinosaur today with most of the big banks getting rid of it. Banks are now charging monthly service and maintenance fee if your account drops below a certain balance. These new policy changes are making money for banks and taking away your precious dollars. In order to counteract this, a bank customer needs to take advantage of all of the perks that banks offer. One of the perks that can benefit most banking customers is rewards checking.
For many Americans, the last decade made a mess of their finances as your debt rose and your net worth fell. But regardless of your financial state — whether your finances have been wrecked by plummeting home prices or your income has remained stagnant — you can still develop strategies to actually create wealth.
As I stated in my last post about bank stocks, there are still a few banks that have high dividends and pretty good yields. Today’s dividend stock is a bank that is not often mentioned on financial television or in analyst reports. This bank is in a great tourist state and derives a significant amount of income from residential lending.
I have been getting a lot of emails recently asking my feeling about certain stock brokers. Lots of people have questions about which broker is the best one for their needs. In order to answer these questions I am going to do a series taking a look at the different stock brokers out there. You can make the decision and decide if a particular broker meets your needs. Let’s start with Scottrade.
Citigroup (C) will be splitting its stock soon. CEO Vikram Pandit is tired of seeing his company’s shares languish below the $5 level. Pandit has announced plans to authorize a reverse split of the company’s stock. Every 10 shares of Citigroup will be worth 1 share once the split is finalized. Based on this past week’s closing price, shares would be valued around $45 a share. So, why is Citigroup doing a reverse split?
General Electric (GE) announced earnings this week and the company’s earnings show that GE is on the right track. Total revenue was up 6% as the company made over $38 billion dollars this past quarter. Earnings were up over 50% as the industrial giant crushed Wall Street estimates. Things were even positive at GE Capital as the division earned nearly $2 billion dollars in net income. That is just the start of the good news.
Most people struggle with debt repayments in one form or another. Debt can come in the form of credit card bills, mortgage payments, student loans, and car loans. If you are really strapped for cash, it could even come in the form of payday loans. Debt woes affect different people in different ways. Some people spend day and night agonizing over their debts while others are resigned to the fact that debt will be a problem for the rest of their life. It doesn’t have to be this way. Let’s take a look at a few ways that debt can be eliminated. The following is a guest post.