Snap-On Incorporated (NYSE:SNA) Boosts Quarterly Dividend 16.4%!

SNA investors were handsomely rewarded with news of a 16.4% increase in its quarterly dividend to $0.71 per share. You can read the release below:

Click to access Q42016DividendIncreaseFinal.pdf

You can check out my original post on why I believe SNA would make an excellent investment for the long-term investor:

Oh Snap! Snap-On Incorporated Looks Appealing.

 

ValueAct Picks Up More Shares of Trinity Industries Inc. (NYSE:TRN).

Jeffrey Ubben is considered by many to be a value investing “God”:

http://www.insidermonkey.com/blog/trinity-industries-inc-trn-valueact-capital-buys-more-shares-on-weakness-484328/?yptr=yahoo

You can read my take on why I think TRN is an attractive investment:

A Street (Rail) Car Named Desire (Trinity Industries)

Is Prem Watsa Making The Smart Money Move?

Big news out of Canada recently folks as that country’s answer to Berkshire Hathaway Inc., Fairfax Financial Holdings Ltd., sold almost 90% of its long-dated U.S. Treasury holdings in what appears to be a risk-off move on the cusp of U.S. elections and lingering global uncertainty.

http://www.bloomberg.com/news/articles/2016-11-04/prem-watsa-s-fairfax-sells-90-of-long-bonds-ahead-of-election

 

Boring Is Beautiful 2: C.H.Robinson Worldwide Inc.

Following my first “Boring Is Beautiful” post which highlighted insurance broker and risk management specialist Marsh & McLennan Companies (see Boring Is Beautiful: Marsh & McLennan Companies), logistics major C.H. Robinson Worldwide Inc. (Nasdaq: CHRW) is another company which I believe deserves an investor’s attention. Continue reading

Don’t You Just Love Stock Splits :)

Church & Dwight Co., Inc. (NYSE: CHD), my favorite consumer goods company, just split its stock two for one on September 2…its fourth stock split since 1999.

http://www.splithistory.com has a pretty good write-up on how CHD has done after splits were factored in.

WARNING: ITS PRETTY GOOD!

https://www.splithistory.com/chd/

 

 

This Owl Was Hungry! Alimentation Couche-Tard Continues To Lead Consolidation In The Convenience Store Industry.

Convenience store powerhouse Alimentation Couche-Tard continued along its consolidation path Continue reading

To Be Or Not To Be (Activist)…Apparently ValueAct Answered That Question With Morgan Stanley.

Investing genius Jeffrey Ubben and his team at ValueAct Capital Management L.P. were in the news on Monday with a report (form 13F) that fund or funds affiliated with the company had taken a roughly 2% stake in Wall Street giant and James Gorman-led financial services powerhouse Morgan Stanley.

What seemed to take many on the Street by surprise was that ValueAct was not seeking a seat on Morgan Stanley’s Board nor did it seek to criticize the actions of C.E.O Gorman. On the contrary, it would appear ValueAct thinks Gorman is running the firm quite well, and believes investors are not giving the company the credit it deserves.

In particular, ValueAct highlighted Morgan Stanley’s shift to asset-light and relatively lower risk businesses like wealth and investment management and investment banking advisory, which now account for about 80% of company profits.

http://www.bloomberg.com/news/articles/2016-08-15/valueact-adds-morgan-stanley-seagate-sells-motorola-solutions

http://www.reuters.com/article/us-morganstanley-valueact-idUSKCN10R20N

Time will tell if this “passive” approach will pay off.

Forget Ackees and Saltfish…It May Be Time For Some Jamaica Government Debt.

It may be time for fixed income investors to expand their universe and look at Jamaica government paper for a yield boost:

http://www.bloomberg.com/news/articles/2016-08-11/jamaica-eyes-escape-from-unhappy-cycle-of-debt-and-low-growth

http://www.jamaicaobserver.com/business/Jamaica-wins-gold-with-global-debt-swap-deal_70516