Hope everyone had a great 4th of July & a firm salute to our veterans 🇺🇸. Alright people I'm back with another update. I've just been really cold & ruthless lately with my 16 hour days, which is why I didn't post this on the 4th. The stock of the month is (NKE) Nike with their aggressive quarterly earnings report followed by a new all-time high in the stock price. 2nd quarter total dividends: $397.35, alright guys that's it see you next month.............just kidding. You see how short these blogs would be if I just talked about a dividend payment and a stock price 😑? Its because I give you straight information with added vlog like content. Alright Scroll down past the dividend income and ill talk a little bit on Nike's business and potential dividend raise.
Roth IRA
Total: $96.87
Taxable Account
Total: $37.00
Grand Total: $133.87
YoY: 11.43%
Purchases: 2 shares of MA & 2 shares of NKE
Alright so Nike has recently reported a massive 4th quarter revenue growth of 95.6% year over year. Gross margins has jumped to 45.8%, remember this is gross not eking Alpha.com) The stock price has hit a new high of $161+ a share, but im not distracted by the price. What I'm really looking at is the growth of the left over room in the net cash flow. If Nike continues to grow its revenues aggressively for the next 2 quarters, then there will be a high probability that Nike will announce a dividend raise much higher than its previous raise of 12%. Its all about how much of a raise they can afford with the higher net cash flow generated from the aggressive revenue growth...............you get what saying? On my FB page I made a prediction of 12% to 15% dividend raise for 2021. This is 100% based on the performance of there quarterly revenue growth. Plus with the 2021 Olympics right around the corner Nike is in a really really good position, think about this..........when all the different countries are walking in the spot light waving there flags in the air, Nike logos will be all over there athletic gear. Your going to see thousands upon thousands of Nike logos EVERYWHERE. The Olympics is almost like a Nike-con if that makes any sense (similar to like Comic-Con lol). Its basically a really really long Nike commercial, which could possibly have some effect to its revenue growth. I'm not expecting a big impact, maybe a little bump added to its revenues along with the growth from the other areas with in there business. Like just think about all the different income streams that Nike has........way too many to count. Its such a massive business, what I talked about above is only a small slice of the pie.
Well that's it (for real this time) I'm done talking to you guys, Im ready to watch some more anime on Netflix. So hope you guys enjoyed and ill see you guys next time.
IF YOU WANT TO VIEW THE PORTFOLIO, CLICK ON THE "PORTFOLIO TAB" ABOVE
No comments:
Post a Comment