Smart Dividend Portfolio: Winning Hand
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Dear Investor,
Welcome to our weekly edition of TipRanks’ Smart Dividend Portfolio & Newsletter.
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Market-Moving News: May 25, 2026
Stocks ended the week on a firm note, with the Dow Jones closing at a new high as bond yields eased and tech shares helped lift the broader market. The Dow (DJIA) rose 0.58% on Friday to 50,579.70, while the S&P 500 (SPX) climbed 0.37% to 7,473.47. The Nasdaq (NDX) added 0.42% to 29,481.64.
At the same time, the S&P 500 posted its eighth straight weekly gain, keeping the market’s strong run intact. The 10-year Treasury yield slipped to 4.59%, while Gold (CM:XAUUSD) fell 0.7% to $4,508.00, oil (CM:CL) rose 1.66% to $96.44, and Bitcoin (BTC-USD) traded at $76,693.98.
The main macro story was the change at the Federal Reserve. Kevin Warsh was sworn in as Fed chair and said he would take a “reform-oriented” approach. That matters for markets because he starts the job at a tough time, with high inflation, a weak consumer mood, and stocks still near record highs.
And though the Dow has hit a new high, investors will be watching to see whether the stock rally can continue to broaden. Still, with stocks near records, each fresh data point on inflation, rates, and growth may carry more weight.
The Fed will also stay in focus as Warsh begins his term. Markets will look for signs of how fast he wants to shift policy, and whether his “reform-oriented” tone changes how investors view the path for rates.
At the same time, quantum may remain a key theme. The new U.S. grants gave the sector a major vote of trust, but investors will still need to see proof that these firms can turn public funds into real tech progress and, eventually, real sales.
Finally, AI and IPO talk may continue to drive single-stock action. OpenAI, SpaceX, Nvidia, Microsoft, and Tesla are all tied to some of the market’s biggest growth themes. As a result, any fresh news around AI spending, chip demand, or new listings could shape the next move in tech.
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This Week’s Quality Dividend Stock Idea
Hasbro (HAS) is a U.S.-based entertainment and toy company that designs, manufactures, and markets toys, games, consumer products, and digital experiences. Its portfolio includes well-known brands across action figures, board games, trading cards, and entertainment franchises, serving children, families, and consumers worldwide through retail, licensing, and media channels.
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Playbook Pivot
Hasbro’s roots date back to 1923, when brothers Henry and Helal Hassenfeld founded Hassenfeld Brothers in Rhode Island as a textile business before gradually expanding into school supplies and toy manufacturing. Following World War II, the company shifted its focus entirely toward toys after recognizing stronger consumer demand and larger growth opportunities in the category. During the 1950s and 1960s, Hasbro expanded rapidly through product innovation and broader retail distribution, launching iconic brands such as Mr. Potato Head and later G.I. Joe. The introduction of G.I. Joe in 1964 effectively created the “action figure” category and helped establish Hasbro as a major force in the global toy industry.
Growth accelerated in the following decades as Hasbro increasingly relied on acquisitions and licensing agreements to broaden its product portfolio and reduce dependence on individual toy categories. During the 1980s and 1990s, the company acquired major toy and game businesses including Milton Bradley and Parker Brothers, adding established franchises such as Monopoly, Scrabble, and Play-Doh. These transactions significantly expanded Hasbro’s scale while creating a portfolio of evergreen brands capable of generating recurring demand across economic cycles.
A major strategic turning point came in 1999 with the acquisition of Wizards of the Coast, which brought high-value gaming properties such as ‘Magic: The Gathering’ and ‘Dungeons & Dragons’ into the company. Over time, these franchises evolved into some of Hasbro’s most profitable assets due to their loyal player communities, recurring purchase patterns, and growing digital monetization opportunities.
During the 2000s, Hasbro began transitioning from a traditional toy manufacturer into a broader brand and entertainment company. Management increasingly focused on extending intellectual property (IP) across television, films, digital media, and licensing partnerships. At the same time, partnerships tied to major entertainment franchises such as Star Wars and Marvel strengthened Hasbro’s global reach and contributed to revenue growth.
The company further accelerated this intellectual-property-focused strategy in the late 2010s through a series of acquisitions and portfolio restructuring efforts. In 2018, Hasbro acquired Saban Brands’ Power Rangers franchise and several other entertainment properties, giving the company greater control over a well-established entertainment brand rather than relying on licensing arrangements.
Hasbro expanded this strategy further in 2019 through the acquisition of Entertainment One (eOne), which added globally recognized brands such as Peppa Pig and PJ Masks while bringing content production capabilities in-house. Management envisioned a vertically integrated model in which Hasbro could own, produce, and monetize intellectual property across television, streaming platforms, and emerging digital experiences.
However, the eOne acquisition later became a major portfolio reshaping event. Beginning in 2021, Hasbro started divesting non-core operations, by selling eOne’s music business. In 2023, the company sold its film and television production business to Lionsgate while retaining valuable family brands and intellectual property assets under Hasbro Entertainment. The proceeds were also used to reduce debt and strengthen the balance sheet.
At the same time, Hasbro continued strengthening its higher-margin gaming operations through targeted investments, including the 2022 acquisition of D&D Beyond, which expanded the digital ecosystem surrounding Dungeons & Dragons and supported Wizards of the Coast’s digital gaming ambitions. More recently, Hasbro has increasingly repositioned itself around its ownership of intellectual property, digital content, and higher-margin gaming businesses while reducing exposure to lower-return operations. This transition has helped diversify earnings beyond traditional toy sales and create a more resilient long-term growth model.
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Infinite Play
Hasbro operates a brand-driven entertainment and gaming business model that generates revenue through consumer products, tabletop and digital gaming, licensing, and entertainment content. Rather than functioning solely as a traditional toy manufacturer, the company increasingly monetizes intellectual property across multiple platforms and channels. This approach allows Hasbro to extract value from a single franchise through product sales, licensing arrangements, digital experiences, and media content, creating multiple revenue streams around the same underlying brands.
The company currently operates through three primary segments: Wizards of the Coast and Digital Gaming, Consumer Products, and Entertainment. Among these, Wizards of the Coast and Digital Gaming have become the largest earnings contributor and one of Hasbro’s most important long-term growth drivers. The segment includes franchises such as ‘Magic: The Gathering’ and ‘Dungeons & Dragons’, along with digital games and licensing activities.
Hasbro’s Consumer Products segment remains an important source of revenue and includes toys, games, and merchandise sold globally through retailers and licensing partners. The business benefits from a large portfolio of established brands, including Monopoly, Nerf, Play-Doh, Transformers, and Peppa Pig, many of which have long operating histories and recurring consumer demand. Licensing relationships with major entertainment properties also provide additional product opportunities, helping to expand the company’s market reach.
A key strength of Hasbro’s model is the growing mix of recurring and higher-margin revenue sources. Trading card games generate repeat purchases through new releases and collectible products, while digital gaming and licensing create revenue streams that typically require less capital than physical manufacturing. The company has also increasingly shifted its focus toward intellectual property and away from lower-return entertainment operations. This transition supports stronger operating margins and more consistent cash generation while reducing dependence on seasonal toy demand.
Additionally, Hasbro benefits from strong brand recognition, a global distribution network, and an ecosystem where successful franchises can be monetized repeatedly across toys, gaming, media, and licensing channels, supporting continued long-term earnings growth.
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Leveling Up
Hasbro’s recent management commentary provides a clearer picture of the initiatives likely to influence earnings growth and cash generation over the next several years. While near-term results may continue to face temporary timing-related pressures and external headwinds, management’s commentary suggests that growth will increasingly depend on the performance of key franchises, digital expansion initiatives, and capital allocation toward categories with stronger engagement and longer product life cycles.
The primary earnings engine continues to be Wizards of the Coast, particularly ‘Magic: The Gathering.’ One of the most significant growth drivers has been the expansion of the ‘Universes Beyond’ strategy, which integrates globally recognized franchises such as Marvel, Final Fantasy, and other entertainment properties directly into Magic card sets. Rather than functioning simply as promotional collaborations, these products appear to be acting as customer acquisition tools that bring entirely new audiences into the Magic ecosystem.
Importantly, management indicated that these new customers are not behaving like one-time buyers. Players entering through licensed collaborations are increasingly purchasing Hasbro’s internally developed Magic products as well, creating a broader and more engaged customer base. At the same time, the economic life of Magic products has lengthened substantially. Historically, card sets remained commercially active for approximately 18–24 months, but management now estimates that product relevance has extended to roughly 32–36 months. Longer product cycles reduce dependence on a few annual releases and create more stable revenue streams while allowing the company to monetize intellectual property over longer periods.
Hasbro is also increasingly concentrating resources around what management calls its GEM2 framework: Gamified, Entertainment-driven, Multi-purchase, and Multi-generational categories. The strategy is designed to focus capital on products that encourage repeat engagement rather than one-time purchases. Trading card games, collectibles, and entertainment-linked franchises generally produce stronger recurring demand than traditional toys because consumers often continue purchasing expansions, accessories, and related products over time.
The strategy appears to be delivering results. Management indicated that GEM2 categories grew approximately 22% during 2025, while the broader toy industry declined roughly 3%. This gap suggests Hasbro may be gaining share in stronger areas of the market despite broader industry weakness. The company also noted that retailer inventory behavior remains healthy, supported by favorable point-of-sale trends and continued willingness among retailers to maintain purchasing capacity for Hasbro products. Strong sell-through trends can improve revenue visibility and reduce inventory risk.
Digital monetization represents another potentially important long-term opportunity. While ‘Magic: The Gathering Arena,’ the digital version of the physical trading card game ‘Magic: The Gathering,’ now contributes a smaller percentage of total Magic revenue, declining from roughly 20%–25% historically to approximately 10%–15% today, management attributed this largely to changes in how players engage with the franchise rather than to weakening demand. Growth has increasingly shifted toward premium collectibles and highly multiplayer social formats such as ‘Commander,’ areas where Arena was not originally designed to support. Management now plans to expand Arena through greater emphasis on social gameplay, collectability, and licensed content, including its Disney/Marvel licensing agreement1 that allows the use of those franchises across games and related products.
Hasbro is also investing in longer-term growth initiatives beyond tabletop gaming, which includes physical strategy and card-based games played around a table, while two AAA video game projects – the large-budget, high-production-value game titles ‘Exodus’ and ‘Warlock’ – remain on track for 2027 launches. While marketing investments for these titles may temporarily pressure Wizards margins, successful releases could create additional revenue opportunities across digital content, licensing, and broader franchise engagement.
While some near-term challenges remain, most appear temporary and timing-related rather than reflective of any deterioration in Hasbro’s underlying business. A cybersecurity incident in March, which temporarily disrupted systems and delayed portions of order processing and shipments, is expected to shift approximately $40–60 million of Consumer Products revenue into the second half of the year while creating roughly $20 million of one-time remediation costs. Importantly, management emphasized that consumer demand remains intact and expects normal operations to resume, suggesting that the impact reflects deferred sales rather than lost business. Likewise, although higher oil prices could create an estimated $30 million cost headwind, Hasbro expects productivity initiatives, pricing actions, and operational efficiencies to offset a significant portion of the pressure.
Management has also maintained a relatively conservative outlook despite a strong first-quarter performance, potentially leaving room for upside if operating trends remain favorable. Consumer Products growth expected in the second quarter has largely shifted into later periods because of the cybersecurity disruption, while the high-margin Wizards of the Coast business continues to demonstrate strong momentum. In addition, Hasbro’s $50 million tariff refund claim, which is not currently embedded in guidance, represents a potential incremental catalyst (if approved).
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1- Hasbro essentially rents access to Disney and Marvel IP through licensing agreements, using those brands to drive toy, game, and crossover product sales, while Disney retains ownership of the characters and franchises.
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Turnaround Play
Over the past five years, Hasbro’s revenue and earnings per share contracted at 5.6% and 11.8%, respectively. The decline reflected several factors, including post-pandemic normalization in consumer demand, the divestiture of eOne, and the company’s decision to reduce exposure to lower-return businesses, all of which reduced reported revenue and scale. Excluding eOne, underlying revenue declines were smaller. At the same time, Hasbro has increased its exposure to businesses such as Wizards of the Coast, digital licensing partnerships, and cost-efficiency initiatives, which have contributed to recent improvements in profitability and operating performance.
This shift was evident in Hasbro’s first-quarter 2026 results, where the company exceeded expectations across nearly every major financial metric. Net revenue rose 13% year-over-year to $1 billion, while adjusted operating profit increased 29% to $287 million. Profitability also improved significantly, with adjusted operating margin expanding by 360 basis points to 28.7%. Adjusted EPS increased 41% to $1.47 and surpassed Street estimates, while adjusted EBITDA climbed 24% to $339 million. Cash generation strengthened meaningfully as well, with operating cash flow reaching $338 million, approximately $200 million higher than the prior-year period.
The primary driver behind this outperformance was Wizards of the Coast, which continued to reinforce its position as Hasbro’s core earnings engine and validate the company’s strategic shift toward higher-margin gaming assets. Segment revenue increased 26% year over year to $582 million and represented roughly 58% of total company revenue. Operating profit reached $298 million, while operating margin expanded 140 basis points to 51.2%.
Within Wizards, growth was led by continued strength in ‘Magic: The Gathering,’ Hasbro’s flagship collectible card franchise. A pair of internally developed card-set releases, ‘Lorwyn Eclipsed’ and ‘Secrets of Strixhaven,’ became the largest launches in the franchise’s history. Demand was further supported by the ‘Teenage Mutant Ninja Turtles’ Universes Beyond collaboration, which incorporated TMNT characters into the Magic ecosystem and broadened audience engagement. Additional momentum came from sustained backlist sales tied to previous crossover products such as ‘Avatar: The Last Airbender’ and ‘Final Fantasy,’ along with record attendance at MagicCon Las Vegas. Digital and licensing revenue also remained an important contributor, including approximately $41 million from ‘Monopoly Go!,’ Hasbro’s mobile gaming partnership built around its Monopoly franchise.
Results outside Wizards were more mixed. Consumer Products generated revenue of $398 million and remained largely flat compared with the prior year. The segment reported an adjusted operating loss of $41 million, approximately $10 million worse than the prior year, as higher royalty expenses, incremental tariff costs, and difficult licensing comparisons pressured profitability. Despite these challenges, management noted healthy point-of-sale trends and stable inventory levels across both owned and retail channels. Looking ahead, several major entertainment releases, including ‘The Mandalorian & Grogu,’ ‘Toy Story 5,’ ‘Spider-Man: Brand New Day,’ and ‘Avengers: Doomsday,’ could support future merchandise demand and licensing activity.
Hasbro’s Entertainment segment has become significantly smaller following the eOne divestiture, but it remained profitable during the quarter. Revenue totaled approximately $20 million, while adjusted operating profit also reached around $20 million, benefiting largely from the timing of revenue recognition associated with ‘Peppa Pig’-related consumer products.
Alongside improving operating performance, Hasbro has continued working to strengthen its balance sheet. The company issued $400 million of new notes during the quarter, using the proceeds to fully repay debt maturing in November 2026 and repurchase higher-cost, longer-dated debt obligations. Hasbro’s leverage profile has improved meaningfully, with net debt-to-EBITDA now around 2.0x. Debt levels increased substantially following the 2019 eOne acquisition, which was later compounded by post-pandemic demand normalization, weaker Consumer Products performance, and eOne-related impairments that pressured earnings and elevated leverage ratios. However, as debt continues to decline and EBITDA recovers, the company appears to be moving gradually back toward its targeted leverage range. The company continues to expect further deleveraging through fiscal 2026.
Credit markets also appear to recognize this improvement. Moody’s and S&P currently assign long-term credit ratings of “Baa2” and “BBB,” respectively. In addition, Hasbro generates a free cash flow margin of approximately 18%, placing it among the stronger cash-generating businesses in its industry.
Management maintained its full-year 2026 outlook, signaling confidence in continued operating momentum despite broader macroeconomic uncertainty. The company continues to project constant-currency revenue growth of 3% to 5%, adjusted operating margins of 24% to 25%, and adjusted EBITDA of approximately $1.43 billion at the midpoint. Hasbro also expects to generate roughly $150 million in gross cost savings during the year. By segment, Wizards of the Coast is expected to deliver mid-single-digit revenue growth with operating margins in the low-40% range, while Consumer Products is projected to post low-single-digit growth with operating margins of 6% to 8%. Entertainment revenue is expected to remain slightly positive, with operating margins around 50%.
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Dividend Playbook
Hasbro has maintained a long history of returning capital to shareholders, having paid dividends consistently for more than four decades. Over the past 10 years, the company has increased its dividend at a compound annual growth rate of approximately 4%, reflecting a relatively steady approach to shareholder distributions. Based on adjusted earnings, Hasbro currently returns around 47% of profits through dividends, a payout level that suggests management is balancing shareholder returns with ongoing investment needs. The stock currently offers a dividend yield of approximately 3.44%, more than three times the 1.05% average yield for the broader consumer cyclical sector. For the most recent quarter, the company declared a dividend of $0.70 per share.
Beyond dividends, Hasbro has also resumed share repurchases as part of its broader capital allocation strategy. During the first quarter, the company repurchased $7.7 million of stock under the $1 billion buyback program approved in February 2026, leaving $992.3 million available for future repurchases as of March 29, 2026. Combined with dividends, Hasbro returned roughly $106 million to shareholders during the quarter.
These shareholder returns have coincided with improving market sentiment toward the company. Hasbro’s stock has gained approximately 31% over the past year, as investors increasingly recognized progress in the company’s transition toward a more profitable intellectual property and gaming-focused model. Strong execution at Wizards of the Coast, repeated earnings outperformance, improving operating performance, and a stronger balance sheet have contributed to this re-rating.
Despite the stock’s strong recent performance, Hasbro’s valuation still suggests that investors may not be fully pricing in the company’s business transformation. The company continues to trade below its own historical averages based on key valuation metrics, including non-GAAP trailing and forward price-to-earnings (P/E) ratios, forward enterprise value-to-EBITDA (EV/EBITDA), and forward price-to-cash-flow multiples. The valuation gap becomes more notable when compared with peers such as Mattel, Electronic Arts, and Take-Two Interactive, where Hasbro currently sits toward the lower end of the valuation range across non-GAAP trailing and forward P/E ratios, forward EV/EBITDA and price/ cash flows. This may suggest that the market is still assigning some caution to Hasbro because of its historical revenue declines, toy-industry exposure, and past execution challenges. However, as the company continues delivering stronger margins, cash flow growth, and momentum within its higher-margin Wizards and digital businesses, the stock could have room for further multiple expansion over time.
Analysts remain bullish about HAS thanks to improving execution, a stronger balance sheet, and continued progress toward management’s cost-transformation initiatives. At the same time, the high-margin Wizards of the Coast business, supported by recurring product demand, community engagement, and digital partnerships, continues to create a stable earnings and cash flow engine that reduces dependence on more cyclical toy sales.
Reflecting these factors, Street consensus implies approximately 29% upside from current share levels, while more optimistic estimates suggest potential gains of up to 42%. Discounted cash flow analysis also indicates that HAS shares may be trading at a roughly 53% discount to estimated intrinsic value, providing additional valuation support for long-term investors.
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Investing Takeaway
For income-focused investors, Hasbro increasingly looks like more than a traditional toy company with a cyclical dividend profile. The company’s transition toward higher-margin gaming, digital partnerships, and owned intellectual property is gradually creating a stronger and more recurring cash-generation engine. That shift matters because sustainable income investing depends not only on current yield but also on the durability of the cash flows supporting future distributions. The growing importance of Wizards of the Coast, with its repeat-purchase behavior and engaged customer base, reduces reliance on more seasonal toy sales and will improve earnings stability over time. Combined with a healthier balance sheet and renewed share repurchases, Hasbro is building a foundation that could support continued shareholder returns. For investors seeking a mix of income and potential capital appreciation, the stock offers an increasingly attractive long-term profile.
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Dividend Investor Portfolio
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Portfolio News
▣ BlackRock (BLK) declared a quarterly cash dividend of $5.73 per share of common stock, payable on June 23 to shareholders of record at the close of business on June 5, 2026.
▣ Bank of Nova Scotia (BNS) is set to report its fiscal second-quarter results on May 27, with investors expected to focus less on headline growth and more on whether the bank can sustain the improving profitability trends seen earlier this year. Heading into the quarter, investors are likely to watch trends in credit quality and loan-loss provisions after provisions for credit losses remained elevated at roughly ~$0.9 billion in Q1. Management has indicated that near-term credit costs could stay pressured before gradually improving later in the year. Analysts currently expect Q2 EPS of roughly $1.40 and revenue near $7 billion.
▣ EOG Resources (EOG) announced that its board approved an increase in the company’s share repurchase authorization to $20 billion, that came into effect on May 20. The move adds an additional $10 billion to the existing buyback program, expanding the company’s capacity to return capital to shareholders through future share repurchases.
▣ ExxonMobil (XOM) is reportedly exploring a return to Venezuela nearly two decades after leaving the country following the nationalization of its assets under former President Hugo Chávez. According to reports, the company is in discussions to secure rights to produce oil in as many as six fields across Venezuela, marking a potentially significant shift in its long-standing relationship with one of the world’s largest oil reserve holders. The development comes as the U.S. administration has pushed to reopen Venezuela’s energy sector to American businesses, potentially creating new opportunities for international energy companies.
A return to Venezuela would represent a notable reversal for Exxon, which exited the country in 2007 and pursued years of international legal action after its assets were expropriated. The company was awarded roughly $1 billion in damages through those proceedings, and concerns about investment security have historically shaped its stance toward the country. Earlier this year, CEO Darren Woods described Venezuela as “uninvestable” without major structural changes and stronger protections for foreign investments.
▣ Honeywell’s (HON) quantum computing subsidiary, Quantinuum, secured a new agreement with the U.S. federal government aimed at advancing next-generation quantum technology. The company received a letter of intent from the U.S. Department of Commerce proposing research and development funding to help address key technological challenges associated with developing fault-tolerant trapped-ion quantum computers.
The initiative is also expected to strengthen domestic semiconductor and manufacturing capabilities, with Quantinuum planning to work alongside U.S.-based semiconductor and photonics suppliers. The company already has strategic agreements in place with GlobalFoundries and Monarch Quantum to support its commercial development roadmap. The development follows Honeywell’s recent announcement that Quantinuum had submitted a registration statement on Form S-1 with the SEC as it prepares for a proposed U.S. initial public offering, signaling the company’s efforts to expand its presence in the rapidly evolving quantum computing market.
▣ IBM (IBM) announced that it has signed a letter of intent with the U.S. Department of Commerce to launch Anderon, a standalone quantum chip manufacturing company that IBM describes as America’s first pure-play quantum foundry. The project would include approximately $1 billion in proposed funding through the CHIPS and Science Act, matched by an additional $1 billion cash investment from IBM, alongside contributions of intellectual property, assets, and personnel.
The facility will be located in Albany, New York, and will focus on producing 300-millimeter quantum wafers. Initial operations are expected to support the fabrication of superconducting qubit technology and related electronics, helping establish infrastructure for future quantum computing development and commercialization.
The announcement comes as the Department of Commerce signed nine letters of intent totaling more than $2 billion in proposed federal incentives under the CHIPS and Science Act. The broader initiative reflects the Trump administration’s efforts to strengthen domestic semiconductor manufacturing and build a U.S.-based quantum computing supply chain.
▣ JPMorgan Chase (JPM) is reportedly exploring a transaction to reduce its exposure to more than $4 billion of loans tied to private equity funds as the industry faces a prolonged slowdown in exits and increasing concerns about the impact of AI-driven disruption. According to reports, the bank is discussing a structure that would transfer risk associated with net asset value (NAV) loans, which are backed by assets held within private equity funds and have increasingly become a source of liquidity and funding for portfolio companies.
The proposed transaction would involve transferring risk on up to 12.5% of a loan portfolio exceeding $4 billion, with investors potentially receiving low-teens returns in exchange for assuming first-loss exposure. The move comes as regulators and investors increasingly scrutinize the rapidly growing NAV lending market, citing concerns that these structures can create additional layers of leverage on highly indebted portfolio companies.
▣ PepsiCo (PEP) is reportedly preparing to raise prices on some of its smaller single-serve chip products as the company responds to rising operating costs across its U.S. business. According to reports, certain bags currently selling for about $2.69 could see price increases of $0.10 to $0.20 beginning in late June. The company indicated that the planned increases reflect higher production, distribution, and retail expenses, noting that prices for some single-serve products had remained largely unchanged for nearly 15 years.
The move comes as PepsiCo recently showed signs of improving performance in its convenient foods business after earlier efforts to make some products more affordable.
▣ Philip Morris (PM) announced a leadership transition within its finance organization, naming Massimo Andolina as the company’s next Group Chief Financial Officer, effective August 1, 2026. He will succeed Emmanuel Babeau, who will remain with the company as a strategic advisor through March 31, 2027, to help support a smooth transition process.
Andolina joined Philip Morris in 2008 and has held a variety of senior operational and strategic leadership roles across the company. Most recently, as President of the Europe Region since 2023, he has led several key strategic and operational initiatives. The appointment reflects the company’s focus on leadership continuity while leveraging Andolina’s experience across both business operations and long-term strategy execution.
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Recent Trades
None at the moment, although we are considering adding a stock to our portfolio when the market conditions allow for an attractive entry point. Stay tuned.
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Portfolio Attributes
| Dividend Portfolio Yield |
Expected Dividend Growth | Expected Annual Income |
| 3.92% | +5.90% | $6,164.34 |
| Yield-on-Cost Adjusted, Weighted |
Average Analyst 12-Month Growth Outlook | 10K Per Stock at the Time of Purchase |
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Current Portfolio
| Name | EX-Dividend Date | Payment Date | Yield on Cost | Annual DPS |
| Automatic Data Processing (ADP) | Jun 15, 2026 | Jul 01, 2026 | 2.46% | $6.80 |
| Amgen (AMGN) | May 15, 2026 | Jun 05, 2026 | 3.27% | $10.08 |
| BlackRock (BLK) | Jun 05, 2026 | Jun 23, 2026 | 2.61% | $22.92 |
| Bank of Nova Scotia (BNS) | Jul 02, 2026 | Jul 29, 2026 | 5.98% | $3.21 |
| EOG Resources (EOG) | Jul 16, 2026 | Jul 30, 2026 | 3.06% | $4.08 |
| ExxonMobil (XOM) | May 15, 2026 | Jun 10, 2026 | 3.64% | $4.12 |
| Honeywell International (HON) | May 15, 2026 | Jun 05, 2026 | 2.39% | $4.76 |
| IBM (IBM) | Aug 06, 2026 | Sep 10, 2026 | 3.16% | $6.76 |
| JPMorgan Chase (JPM) | Jul 03, 2026 | Jul 31, 2026 | 3.43% | $6.00 |
| Kroger (KR) | May 15, 2026 | Jun 01, 2026 | 3.08% | $1.40 |
| Cisco Systems (CSCO) | Jul 02, 2026 | Jul 23, 2026 | 2.22% | $1.68 |
| PepsiCo (PEP) | Jun 05, 2026 | Jun 30, 2026 | 3.8% | $5.69 |
| Philip Morris (PM) | Jun 29, 2026 | Jul 15, 2026 | 6.06% | $5.88 |
| Qualcomm (QCOM) | Jun 05, 2026 | Jun 26, 2026 | 2.44% | $3.68 |
| VICI Properties (VICI) | Jun 18, 2026 | Jul 10, 2026 | 5.22% | $1.8 |
| Verizon (VZ) | Jul 09, 2026 | Aug 03, 2026 | 6.09% | $2.76 |
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Disclaimer
The information contained in this article represents the views and opinions of the writer only, and not the views or opinions of TipRanks or its affiliates and should be considered for informational purposes only. TipRanks makes no warranties about the completeness, accuracy, or reliability of such information. Nothing in this article should be taken as a recommendation or solicitation to purchase or sell securities. Nothing in the article constitutes legal, professional, investment, and/or financial advice and/or takes into account the specific needs and/or requirements of an individual, nor does any information in the article constitute a comprehensive or complete statement of the matters or subject discussed therein. TipRanks and its affiliates disclaim all liability or responsibility with respect to the content of the article, and any action taken upon the information in the article is at your own and sole risk. The link to this article does not constitute an endorsement or recommendation by TipRanks or its affiliates. Past performance is not indicative of future results, prices, or performance.
