To The Moon

$ASML Holding NV(ASML)$ weak 1Q as guided, reaffirms flat revenue FY241Q YoYRevenue -22% / -27%% QoQNet Income -37%%Dil. EPS -37%%OCF turned negativeFCF turned negativeNet booking $3.6 B (last year Q average $5 B)Net bookings• 1Q FY24 €3.6 B• FY23 average per quarter ~€5 BBacklog• should be ~€39 billion ;• €22 B in yearly system sales backlog would be ~21 monthsImagehttps://twitter.com/DividendWave/status/1780559021621006351

Ex-dividend this week2 AristocratsProcter & Gamble $Procter & Gamble(PG)$ will pay dividend on 18 APR, current yield is 2.6% yield, and 57% payout.Caterpillar $Caterpillar(CAT)$ will pay dividend on 19 APR, current yield is 1.4%, and 26% payout.2 years of dividend growthCVS Health $CVS Health(CVS)$ will pay dividend on 19 APR, current yield is 3.9%, and 30% payout.https://twitter.com/DividendWave/status/1779765634148053281

Ex-dividend this week2 AristocratsAbbvie $AbbVie(ABBV)$ Abbott Laboratories $Abbott Laboratories(ABT)$ 2 ContendersAmerican Tower $American Tower(AMT)$ Mastercard $MasterCard(MA)$ Mastercard will pay dividend on APR8, and 0.6% yield ; 20% payoutAmerican Tower will pay dividend on APR11, 3.4% yield; 64% AFFO payoutAbbvie and Abbott Laboratories will both pay dividend on APR12, 3.7% yield, 48% payout and 1.9% yield, 48% payout, respectively. https://twitter.com/DividendWave/status/1776990373971198169

Spring cleaning in holdings for the best market beating strategy Portfolio: $ASML Holding NV(ASML)$ $American Tower(AMT)$ $Apple(AAPL)$ $AbbVie(ABBV)$ $Abbott Laboratories(ABT)$ $Aflac(AFL)$ $Broadcom(AVGO)$ $Advanced Micro Devices(AMD)$ $Analog Devices(ADI)$ $American Express(AXP)$ $Amazon.com(AMZN)$

Ex-dividend this week2 ContendersCisco Systems $Cisco(CSCO)$ 3.2% yield ; 47% payout Bristol-Myers Squibb $Bristol-Myers Squibb(BMY)$ 4.4% yield ; 37% payouthttps://twitter.com/DividendWave/status/1774456407724798122

Ex-dividend this week2 AristocratsRealty Income $Realty Income(O)$ Nucor $Nucor(NUE)$ 2 ContendersMondelez International $Mondelez(MDLZ)$ Humana $Humana(HUM)$ 1 Challenger Innovative Industrial Properties $Innovative Industrial Properties Inc(IIPR)$ ImageExcept for O, everyone else will pay dividend on March 27.NLCP is similar business to IIPR but smaller. I don´t know them as well. But found interesting they had bought back shares, and share count actually decreased YoY, which is rare in REITShttps://twitter.com/DividendWave/status/1771801625126130130

$British American Tobacco PLC(BTI)$ BATS FCF/shareFY23+6% FCF/share-1% shares outstandinggoing ex-dividend tomorrow March21First dividend at 58.88p/share +2% YoY ImageBATS 2024 dividend calendarImageBATS FCF generation and deployment(Dividends/buyback/debt reduction)From UBS Global Consumer and Retail Conference – 13 MarchImageBATS presentation from the Barclays Global Consumer Staples Conference on Tuesday 5 September, 2023A few interesting takeaways from new categoriesImagehttps://twitter.com/DividendWave/status/1770411733389103421

$Broadcom(AVGO)$ going ex-dividend MAR20An impressive dividend growth recordSince FY16, 35% CAGR dividend increase Last 3 years increase 13.4% CAGRLatest increase 14%TTM dividend (FCF) payout ratio 44%Picture from company presentationImageAVGO FCF/share increase continues For 1Q24 YoYFCF +19%shares outstanding +9%FCF/share +10%FCF/Share since FY19 ImageWith share dilution dividends paid will outpace dividend/share for FY24 For 1Q dividend payments increased 24% YoY Dividend per share +14% YoY ImageEven with incremental dividend payments,TTM dividend payout (% FCF) at 44% (which will likely trend towards 50% for FY24)1Q payout was ~52%Imagehttps://twitter.com/DividendWave/status/1769820799274234282

Ex-dividend this week:2 AristocratsMedtronic $Medtronic PLC(MDT)$ Altria $Altria(MO)$ 2 Contenders British American Tobacco $British American Tobacco PLC(BTI)$ Broadcom $Broadcom(AVGO)$ 1 Challenger Novo Nordisk $Novo-Nordisk A/S(NVO)$ ImageBroadcom $Broadcom(AVGO)$ will pay dividend on MAR20, and current yield is 1.7%.British American Tobacco $British American Tobacco PLC(BTI)$ and Medtronic $Medtronic PLC(MDT)$ will both pay dividend on MAR21, current yield

$Altria(MO)$ » $7 B in buybacks since FY18» 6% (weighted) share count reduction » $1 B buyback authorization for 2024 (at 10-K release)» $2.4 B incremental buyback (yesterday´s ABI sale intention)» Expects to complete all repurchases by December 31, 2024» $3.4 B / Mkt cap 77 B = ~4%ImageMO past 3 years buybacks and average priceImageMO to sell part of $Anheuser-Busch Inbev SA(BUD)$ ABI stake» Altria currently holds approximately 197 million shares of ABI, ~10% ownership» Altria selling 35 million of ABI’s ordinary shares » Expect to use the proceeds for additional share repurchases of common stockhttps://twitter.com/DividendWave/status/1768288382772269458