During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high dividend payout.
ASML reported strong 2023 fiscal fourth-quarter results, with net sales of €7.2 billion and net income of €7.8 billion. The company also expects continued growth in 2024 and is preparing for significant growth in 2025.
Halliburton reported mixed fourth quarter results. The company raised its 2024 first quarter dividend by $0.01 to $0.17 per share. The company said its outlook for oilfield services demand remains strong.
PACCAR reported strong Q4 FY23 sales of $8.59B, exceeding analyst expectations. Globally, the company delivered a record of 204,200 vehicles in the year.
D.R. Horton reports a mixed bag: sales growth of 7% to $7.73 billion in first-quarter 2024, exceeding expectations. Despite the backlog drop, the company remains liquid with a consolidated cash balance of $3.3 billion and maintains a positive outlook, projecting revenues between $36 billion and $37.3 billion for fiscal 2024.