The company has increased its payout 48 times in the past 45 years.
As trading volume has largely dried up, it was a quiet week for the model portfolio, but we continue to look for new opportunities.
Today's drop is merely a reversal of Thursday’s gains.
As we use this low-volume period to conduct research, this issue includes four updates on model portfolio names and two dividend reminders.
The Russell 2000 snapped a four-week losing streak this week, and we used pullbacks to add to two of our model portfolio positions.
We'll be listening for updates on the Convergent Media acquisition.
TherapeuticsMD can trade up toward the high-single digits in the coming quarters.
Despite the miss, the stock appears reasonably valued and this could be a buying opportunity for those who don't yet own it.
The company posted a surprise quarterly profit and is carrying a lot of operating momentum into the second half of the year.
After management posted mixed results overnight, SandRidge Energy is trading lower today. We believe the stock is oversold.