EasyResearch Weekly Dividends Update

On Friday, US semiconductor stocks continued to move lower after reports of the US planning to tighten restrictions on exports of semiconductor technology to China and Donald Trump's comments on Taiwan.

While semiconductor stocks have had the spotlight since the AI (artificial intelligence) boom, one key player contributing to this industry's efficiency is Vertiv Holding Co, a leading cooling giant in the semiconductor space. Its stock rose more than 3% on Friday before its quarterly earnings.

• Vertiv Holding Co is expected to announce its earnings this week. The stock has gained nearly 90% since the beginning of the year.
• Chipotle Mexican Grill, which recently performed one of the biggest stock splits in New York Stock Exchange history, will also announce its quarterly earnings this week. Its shares are up 20% in 2024.
• GE Vernova will be announcing its second quarterly earnings after it successfully spun off in April this year. Despite not reaching earnings expectations in the first quarter, the company is expected to grow its EPS (earnings per share) this quarter. The stock is up almost 20% since it was listed earlier this year.

Past performance does not guarantee future performance, and a beat in earnings and revenue could increase stocks' value. Other names expected to report earnings this week include Alphabet (Google), which is reportedly in talks to buy Wiz (a cybersecurity startup), Tesla, Visa, Coca-Cola, Spotify, General Motors 'GM', Ford, and American Airlines.

Companies with upcoming last dates to trade this week include Delta Air Lines Inc., which increased its quarterly dividend by 50% compared to the previous payout. ASML Holding NV will be distributing payments in both the US and European markets. 

In addition to the company with an upcoming LDT, several funds from 1nvest and FNB will distribute cash to holders. This week is also the last day to trade to qualify for this payout.

South Africa 

Lewis Group Limited will be paying R3.00 per share. 

• Last trading date – 23 July 2024
• Payment date – 29 July 2024

Mahube Infrastructure Limited will be paying R0.20 per share. 

• Last trading date – 23 July 2024
• Payment date – 29 July 2024

Tsogo Sun Limited will be paying R0.40 per share. 

• Last trading date – 23 July 2024
• Payment date – 29 July 2024

Hosken Consolidated Investments Limited will be paying R1.00 per share. 

• Last trading date – 23 July 2024
• Payment date – 29 July 2024

European

ASML Holding NV will be paying  €1.52 per share.

• Last trading date - 26 July 2024
• Payment date - 07 August 2024

American

Dell Technologies Inc will be paying $0.44 per share.

• Last trading date - 22 July 2024
• Payment date - 02 August 2024

Antero Midstream Corporation will be paying $0.22 per share.

• Last trading date - 23 July 2024
• Payment date - 07 August 2024

Lowes Companies Inc will be paying $1.15 per share.

• Last trading date - 23 July 2024
• Payment date - 07 August 2024

Marsh & McLennan Cos Inc will be paying $0.81 per share.

• Last trading date - 24 July 2024
• Payment date - 15 August 2024

Costco Wholesale Corp will be paying $1.16 per share.

• Last trading date - 25 July 2024
• Payment date - 09 August 2024

Fastenal Co will be paying $0.39 per share.

• Last trading date - 25 July 2024
• Payment date - 23 August 2024

Pfizer Inc will be paying $0.42 per share.

• Last trading date - 25 July 2024
• Payment date - 03 September 2024

ASML Holding NV will be paying  €1.52 per share.

• Exchange rate date - 26 July 2024
• Last trading date - 26 July 2024
• Payment date - 07 August 2024

Hingham Institution for Savings will be paying $0.63 per share.

• Last trading date - 26 July 2024
• Payment date - 07 August 2024

Delta Air Lines Inc will be paying $0.15 per share.

• Last trading date - 29 July 2024
• Payment date - 20 August 2024

Last week, the South African Reserve Bank (SARB) kept the repo rate at 8.25% for the seventh consecutive meeting in July 2024, as expected. Two policymakers favoured a 25 basis point cut. 

In the intricate world of finance, money is the lifeblood that fuels economies, shapes markets, and drives innovation. Yet, how much do we truly understand the journey of money from its inception to its role in our daily lives?

The year 2024 is poised to become a landmark moment in history, with over 2 billion people worldwide preparing to cast their votes in elections spanning countries like the US, India, the European Union, Mexico, and South Africa, as highlighted by the World Economic Forum.