American Express reports an 11% Y/Y revenue increase to $15.8 billion in Q4 2023, slightly below expectations, with EPS also missing targets. Despite these shortfalls, the company experienced growth in various sectors, including U.S. Consumer and International Card Services, and plans a 17% dividend hike for Q1 2024.
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.
ADT announces exit of solar business, dividend increase, and share buyback program. ADT will release fourth quarter and full year results on February 28, 2024.
Murphy Oil reported lower Q4 earnings and revenues, with production in-line with guidance. The company plans reaching its long-term debt goal of $1.0 billion while continuing dividend increases and share repurchases.