We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
The Zacks Analyst Blog Highlights Humana Cenovus Energy, Autohome, EnPro Industries and Merchants Bancorp
Read MoreHide Full Article
For Immediate Release
Chicago, IL – February 23, 2023 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: Humana Inc. (HUM - Free Report) , Cenovus Energy Inc. (CVE - Free Report) , Autohome Inc. (ATHM - Free Report) , EnPro Industries Inc. (NPO - Free Report) and Merchants Bancorp (MBIN - Free Report) .
Here are highlights from Wednesday’s Analyst Blog:
5 Stocks with a Recent Dividend Hike for a Stable Portfolio
U.S. stock markets have seen northbound movement so far this year after a terrible 2022. However, several strong economic data and hotter-than-expected inflation rates of January raise concerns that the Fed's tighter monetary control and higher interest rate regime are unlikely to terminate any time soon.
A series of strong economic data in January, such as, nonfarm payrolls, unemployment rate, retail sales, industrial production and ISM services Index has unnerved investors as a higher wage rate will raise aggregate demand, making inflation stubborn. The Consumer Price Index and the Producer Price Index of January, the two key inflation measures, were higher than the consensus mark.
At the beginning of this year, the consensus opinion was that the central bank may hike the benchmark interest rate by 25 basis points for a maximum of three times. However, since the middle of February, a section of economists and financial experts started believing that the Fed will raise the interest rate by 1% this year with more upside left if inflation remains sticky.
Stocks in Focus
At this stage, dividend-paying stocks should be in demand as investors will try to safeguard their portfolios. We believe that one should consider stocks that have recently raised their dividend payments. Five such companies are Humana Inc., Cenovus Energy Inc., Autohome Inc., EnPro Industries Inc. and Merchants Bancorp.
Humana's Medicaid business, buoyed by several contract wins and renewals, has strongly contributed to its top line for years. Buyouts and alliances place HUM well for growth. HUM has been deploying excess capital for the past several years on balance sheet strength. Humana's financial resilience will continue to boost investors' confidence. HUM's solid contributions from the Retail and Healthcare Services units are major positives.
On Feb 16, 2023, Humana declared that its shareholders would receive a dividend of $0.885 per share on Apr 28, 2023. It has a dividend yield of 0.7%. Over the past five years, HUM has increased its dividend seven times, and its payout ratio presently stays at 12% of earnings. Check HUM's dividend history here.
Cenovus Energy has operations in the lucrative oil-sand development in Alberta, wherein it has been employing a specialized technique for drilling and extracting oil. From 2020 to 2024, CVE expects to see compound annual production growth of 2-3%. Moreover, disciplined capital investment and production growth will enhance its funds. Coupled with higher oil price, increased production will boost CVE's bottom line.
On Feb 16, 2023, Cenovus Energy declared that its shareholders would receive a dividend of $0.079 per share on Mar 31, 2023. It has a dividend yield of 1.7%. Over the past five years, CVE has increased its dividend 10 times, and its payout ratio presently stays at 13% of earnings. Check CVE's dividend history here.
Autohome offers an online destination for automobile consumers primarily in the People's Republic of China. ATHM through its websites, autohome.com.cn and che168.com delivers content to automobile buyers and owners. ATHM also offers advertising services, dealer subscription services; used automobile listings services, automobile dealer subscription services as well as operates automotive aftermarket services platform and real-time feedback on the service providers.
On Feb 16, 2023, Autohome declared that its shareholders would receive a dividend of $0.58 per share on Apr 11, 2023. It has a dividend yield of 1.6%. Over the past five years, ATHM has increased its dividend three times, and its payout ratio presently stays at 22% of earnings. Check ATHM's dividend history here.
EnPro Industries is a diversified manufacturer of proprietary engineered products used in critical applications. NPO operates through three segments: Sealing Technologies, Advanced Surface Technologies, and Engineered Materials.
NPO is a leader in sealing technologies, metal polymer and filament wound bearings, components and service for reciprocating compressors, diesel and dual-fuel engines and other solutions that meet the needs of industries worldwide.
On Feb 16, 2023, EnPro Industries declared that its shareholders would receive a dividend of $0.29 per share on Mar 15, 2023. It has a dividend yield of 1%. Over the past five years, NPO has increased its dividend six times, and its payout ratio presently stays at 15% of earnings. Check NPO's dividend history here.
Merchants Bancorp operates as a diversified bank holding company in the United States. MBIN operates through the Multi-family Mortgage Banking, Mortgage Warehousing, and Banking segments.
Merchants Bancorp provides multi-family housing and health care facility financing, mortgage warehousing, retail and correspondent residential mortgage banking, agricultural lending and traditional community banking services, through its subsidiaries. MBIN currently sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today's Zacks #1 Rank stocks here.
On Feb 16, 2023, Merchants Bancorp declared that its shareholders would receive a dividend of $0.08 per share on Apr 3, 2023. It has a dividend yield of 1%. Over the past five years, MBIN has increased its dividend six times, and its payout ratio presently stays at 6% of earnings. Check MBIN's dividend history here.
Since 2000, our top stock-picking strategies have blown away the S&P's +6.2 average gain per year. Amazingly, they soared with average gains of +46.4%, +49.5% and +55.2% per year. Today you can access their live picks without cost or obligation.
Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit https://www.zacks.com/performance for information about the performance numbers displayed in this press release.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
The Zacks Analyst Blog Highlights Humana Cenovus Energy, Autohome, EnPro Industries and Merchants Bancorp
For Immediate Release
Chicago, IL – February 23, 2023 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: Humana Inc. (HUM - Free Report) , Cenovus Energy Inc. (CVE - Free Report) , Autohome Inc. (ATHM - Free Report) , EnPro Industries Inc. (NPO - Free Report) and Merchants Bancorp (MBIN - Free Report) .
Here are highlights from Wednesday’s Analyst Blog:
5 Stocks with a Recent Dividend Hike for a Stable Portfolio
U.S. stock markets have seen northbound movement so far this year after a terrible 2022. However, several strong economic data and hotter-than-expected inflation rates of January raise concerns that the Fed's tighter monetary control and higher interest rate regime are unlikely to terminate any time soon.
A series of strong economic data in January, such as, nonfarm payrolls, unemployment rate, retail sales, industrial production and ISM services Index has unnerved investors as a higher wage rate will raise aggregate demand, making inflation stubborn. The Consumer Price Index and the Producer Price Index of January, the two key inflation measures, were higher than the consensus mark.
At the beginning of this year, the consensus opinion was that the central bank may hike the benchmark interest rate by 25 basis points for a maximum of three times. However, since the middle of February, a section of economists and financial experts started believing that the Fed will raise the interest rate by 1% this year with more upside left if inflation remains sticky.
Stocks in Focus
At this stage, dividend-paying stocks should be in demand as investors will try to safeguard their portfolios. We believe that one should consider stocks that have recently raised their dividend payments. Five such companies are Humana Inc., Cenovus Energy Inc., Autohome Inc., EnPro Industries Inc. and Merchants Bancorp.
Humana's Medicaid business, buoyed by several contract wins and renewals, has strongly contributed to its top line for years. Buyouts and alliances place HUM well for growth. HUM has been deploying excess capital for the past several years on balance sheet strength. Humana's financial resilience will continue to boost investors' confidence. HUM's solid contributions from the Retail and Healthcare Services units are major positives.
On Feb 16, 2023, Humana declared that its shareholders would receive a dividend of $0.885 per share on Apr 28, 2023. It has a dividend yield of 0.7%. Over the past five years, HUM has increased its dividend seven times, and its payout ratio presently stays at 12% of earnings. Check HUM's dividend history here.
Cenovus Energy has operations in the lucrative oil-sand development in Alberta, wherein it has been employing a specialized technique for drilling and extracting oil. From 2020 to 2024, CVE expects to see compound annual production growth of 2-3%. Moreover, disciplined capital investment and production growth will enhance its funds. Coupled with higher oil price, increased production will boost CVE's bottom line.
On Feb 16, 2023, Cenovus Energy declared that its shareholders would receive a dividend of $0.079 per share on Mar 31, 2023. It has a dividend yield of 1.7%. Over the past five years, CVE has increased its dividend 10 times, and its payout ratio presently stays at 13% of earnings. Check CVE's dividend history here.
Autohome offers an online destination for automobile consumers primarily in the People's Republic of China. ATHM through its websites, autohome.com.cn and che168.com delivers content to automobile buyers and owners. ATHM also offers advertising services, dealer subscription services; used automobile listings services, automobile dealer subscription services as well as operates automotive aftermarket services platform and real-time feedback on the service providers.
On Feb 16, 2023, Autohome declared that its shareholders would receive a dividend of $0.58 per share on Apr 11, 2023. It has a dividend yield of 1.6%. Over the past five years, ATHM has increased its dividend three times, and its payout ratio presently stays at 22% of earnings. Check ATHM's dividend history here.
EnPro Industries is a diversified manufacturer of proprietary engineered products used in critical applications. NPO operates through three segments: Sealing Technologies, Advanced Surface Technologies, and Engineered Materials.
NPO is a leader in sealing technologies, metal polymer and filament wound bearings, components and service for reciprocating compressors, diesel and dual-fuel engines and other solutions that meet the needs of industries worldwide.
On Feb 16, 2023, EnPro Industries declared that its shareholders would receive a dividend of $0.29 per share on Mar 15, 2023. It has a dividend yield of 1%. Over the past five years, NPO has increased its dividend six times, and its payout ratio presently stays at 15% of earnings. Check NPO's dividend history here.
Merchants Bancorp operates as a diversified bank holding company in the United States. MBIN operates through the Multi-family Mortgage Banking, Mortgage Warehousing, and Banking segments.
Merchants Bancorp provides multi-family housing and health care facility financing, mortgage warehousing, retail and correspondent residential mortgage banking, agricultural lending and traditional community banking services, through its subsidiaries. MBIN currently sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today's Zacks #1 Rank stocks here.
On Feb 16, 2023, Merchants Bancorp declared that its shareholders would receive a dividend of $0.08 per share on Apr 3, 2023. It has a dividend yield of 1%. Over the past five years, MBIN has increased its dividend six times, and its payout ratio presently stays at 6% of earnings. Check MBIN's dividend history here.
Merchants Bancorp dividend-yield-ttm | Merchants Bancorp Quote
Why Haven't You Looked at Zacks' Top Stocks?
Since 2000, our top stock-picking strategies have blown away the S&P's +6.2 average gain per year. Amazingly, they soared with average gains of +46.4%, +49.5% and +55.2% per year. Today you can access their live picks without cost or obligation.
See Stocks Free >>
Media Contact
Zacks Investment Research
800-767-3771 ext. 9339
support@zacks.com
https://www.zacks.com
Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit https://www.zacks.com/performance for information about the performance numbers displayed in this press release.