This Blue-Chip Dividend Stock Has Got Some Spark Edison International is a well-run utility with a 4.6% dividend yield. Stocks quotes in this article: EIX Finding a high yield and high quality investment can be a difficult task. A higher yield can imply that a company s dividend is at riskTo screen against this, you can watch for a stable underlying earnings base, a modest payout ratio and a record of increasing dividends year after yearOne blue-chip stock that fits that description is Edison Intern. Read the full story and get access to the Real Money Pro trading floor. There s no substitute for a trading floor to get great ideas, so Jim Cramer created a better one at Real Money and blogs there exclusively. We then added legendary hedge fund manager, Doug Kass, with his exclusive Daily Diary and best investing ideas. Staffed with more than 4 dozen investing pros, money managers, journalists and analysts,
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LONDON (Reuters) - Royal Dutch Shell’s 2020 earnings from trading crude oil and refined products doubled from the previous year to $2.6 billion, helping to offset a sharp drop in fuel demand due to the coronavirus pandemic.
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Shell’s oil trading operations, known internally as Trading & Supply, accounted for 43% of the Oil Products division’s total earnings of $5.995 billion in 2020. Trading earnings totalled $1.3 billion in 2019, Shell’s annual report, which was released on Thursday, said.
The unusually high contribution from trading helped Shell to weather one of the toughest years in the industry’s history, when energy consumption collapsed during the pandemic.
Stifel Expecting Pressure On Canadian Cannabis Companies More competition at lower prices will make it harder to be profitable.
As the U.S. cannabis market continues to heat up with incredible expansion possibilities, the Canadian cannabis companies may be facing industry limits. Sales have been increasing in the Canadian market, but analysts suggest that the increased expenses to operate, more competition and reduced prices for the products, will result in the inevitable lack of growth. This will undoubtedly hurt the Canadian focused cannabis companies.
Canada certainly enjoyed that first to market advantage as the country legalized adult-use cannabis before any other country. The companies were able to establish bank accounts and the stock markets were able to list cannabis company shares. While some industry insiders cautioned that the market would ultimately be limited, most didn t care to listen and pushed ahead with enormous grow facilities that are now being taken o