Dividend Investing Ideas Center
Have you ever wished for the safety of bonds, but the return potential...
After the bell on Tuesday, a number of big name, dividend paying companies announced their quarterly earnings. Below, we look at these earnings reports and break down the important points for investors.
Aflac (AFL ) reported fourth quarter revenues of $5.5 billion, down 4.9% from last year’s Q4 revenues of $5.8 billion. Net earnings for the quarter came in at $703 million, or $1.57 per diluted share, which is up from last year’s Q4 net earnings of $675 million, or $1.45 per diluted share. On an adjusted basis, AFL reported Q4 EPS of $1.29, which is down from last year’s $1.40. AFL beat analysts’ estimates of $1.28 EPS on revenues of $5.48 billion.
Aflac’s board of directors declared a 39 cent quarterly dividend, which is payable on March 2 to all shareholders on record on February 17.
C.H. Robinson Worldwide (CHRW ) reported fourth quarter revenues of $3.36 billion, marking a 6.5% increase from last year’s Q4 revenues of $3.15 billion. CHRW’s net income for the quarter came in at $112.95 million, or 77 cents per share, up significantly from last year’s Q4 figures of $92.95 million, or 62 cents per share. CHRW beat analysts’ estimates of 76 cents EPS on revenues of $3.33 billion.
Wynn Resorts (WYNN) reported fourth quarter net revenues of $1.14 billion, down from last year’s $1.52 billion. Adjusted net income for the quarter came in at $122.4 million, or $1.20 per share, compared to last year’s adjusted figures of $23.1 million, or $2.27 per share. WYNN missed analysts’ expectations of $1.43 EPS on revenues of $1.22 billion.
Wynn Resorts approved a quarterly cash dividend of $1.50. The dividend is payable on February 23 to all shareholders on record as of February 13.