New 52-week highs have been rare lately, at least in my portfolio. But Magellan Midstream Partners (MMP) issued a solid earnings report on Wed that include higher cash distribution growth targets. MMP rallied on the news and a couple of brokerage upgrades to close out the week at a new high. [more]
Title says it all.
I'll be a couch potato for the next couple of hours.
Happy New Year!
Becton, Dickinson (BDX) announced a dividend bump from 49.5 cents/share to 54.5 cents/share today! Ten percent - that trumps inflation by a fair amount, even the real numbers that the Fed and gov't don't use. The new payout puts the dividend yield at right around 2% based on today's close. My favorite part of the press release? [more]
This article was a little delayed because I was slow getting edits in, but six stocks from my portfolio joined in the S&P 500's new 52-week high last Friday. So, I celebrated with a 52-week hi-ku article. [more]