Big-Name Earnings Reports to Watch This Week for 3 Dividend Paying Firms

earnings

Earnings season has been picking up in April, resulting in a lot of excitement in the market. Last week, some of the big banks including Citigroup (NYSE: C) and JP Morgan (NYSE: JPM).

This week, there are plenty of big-name stocks (including dividend stocks) that will be releasing financial results. Below are some of the most notable dividend stocks that will be releasing earnings results.

Johnson & Johnson (NYSE: JNJ)
Johnson & Johnson will report earnings before the market open on Tuesday, April 18. The drug company is expected to report earnings of $1.77 per share, which would be higher than last year’s earnings of $1.68 per share.
The stock is up about 9% in 2017, which is much greater than the S&P 500 index. Also, the company has beat analysts’ expectations over the last four quarters.
As for its dividend, Johnson & Johnson currently offers a dividend yield of approximately 2.6%. It has been increasing its quarterly dividend every year for over five decades. Investors should expect an announcement of a higher dividend later this month.
Quarter Ended Actual EPS Results Analyst Estimates
December 2016 $1.58 $1.56
September 2016 $1.68 $1.65
June 2016 $1.74 $1.67
March 2016 $1.68 $1.64
International Business Machines Corp. (NYSE: IBM)
International Business Machines will release its quarterly financial results after the closing bell on Tuesday, April 18. The technology company is expected to report earnings of $2.34 per share, which would be slightly below last year’s earnings of $2.35 per share.
Despite sluggish revenue growth, IBM’s stock is up about 12% in the last twelve month and up 2% in 2017.
For investors, the company’s dividend is what is typically most attractive. IBM currently offers a dividend yield of 3.3%. It has been increasing its dividend annually since 2000. On average, the stock has increased its dividend by 17% each year.
Quarter Ended Actual EPS Results Analyst Estimates
December 2016 $5.01 $4.89
September 2016 $3.29 $3.21
June 2016 $2.95 $2.89
March 2016 $2.35 $2.09
Verizon Communications Inc. (NYSE: VZ)
Verizon will report quarterly earnings before the opening bell on Tuesday, April 20. The communications company is expected to post earnings of $0.98 per share, which would be lower than $1.06, reported in the same quarter, a year ago.
The company’s stock has been struggling in 2017, as it is now one of the worst performing stocks in the Dow Jones Industrial Average. Year to date, it is down about 9%.
Verizon has a great dividend yield, though. The company, along with its biggest competitor, AT&T (NYSE: T), are known for being favorites among dividend investors. Verizon offers a dividend yield of about 4.75%.
Quarter Ended Actual EPS Results Analyst Estimates
December 2016 $0.86 $0.89
September 2016 $1.01 $0.99
June 2016 $0.94 $0.93
March 2016 $1.06 $1.06

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