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Wednesday, January 6, 2021

It Was Going Well Until It Wasn't -- January 6, 2021

For the archives: all four major indices were surging and setting new intra-day highs until Ted Cruz's supporters stormed the capital / capitol. To say I'm upset is putting it mildly. 

Hmmm..... This headline story first seen over at Yahoo!Finance has now been removed from Yahoo!Finance:

Officially the Santa Claus rally ended yesterday, but it looks like we may need to extend this year's dates for the SCR by a few days. The SCR is tracked here

With regard to the market, if one "believes" the pandemic telescoped 2020 - 2035 to 2020 - 2025 the market is not overvalued. And then on top of that, we have, for the first time in a long, long time, a "unified" government.

Disclaimer: this is not an investment site.  Do not make any investment, financial, job, career, travel, or relationship decisions based on what you read here or think you may have read here. 

Dividends: seven dividend increases expected in January, 2021. SeekingAlpha.

  • So far:
    • Abbott Laboratories: a massive 25% increase in December, 2020
    • ABM: a 2.7% dividend increase
    • Mastercard: a 6.7% increase
    • PFE: increased dividend by one cent
    • Bristol-Myers Squibb: an 8.8% increase
    • Eli Lilly: a 14.8% increase
  • Huge surprises:
    • Darden Restaurants: a 23% increase in its dividend
    • Amgen: a 10% dividend increase announced in December
    • Campbell Soup: a 6$ increase announced in December
    • ENB: a 3.1% increase
    • Franklin Resources: a 3.7% increase
    • ATT: no increase in dividend announced
  • Dividend increases expected in January, 2021:
    • Consolidated Edison
    • Kimberly-Clark Corporation
    • Air Products and Chemicals, Inc
    • Intel
    • Chevron
    • Comcast
    • ATT
Dividends are tracked here.

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