S&P 500 Index

Market Wrap-Up: What We Learned in 2020

Retrieved on: 
Wednesday, January 6, 2021
Articles, Economy, Stock market crashes, Financial crises, Economic history, Great Recession in the United States, Economic bubbles, Financial crisis of 2007–2008, S&P 500 Index, Great Depression

The market started out strong in 2020, with 71% of companies beating their expected earnings through February 7th.

Key Points: 
  • The market started out strong in 2020, with 71% of companies beating their expected earnings through February 7th.
  • From February 19, 2020 to March 20, 2020, the S&P 500 dropped nearly 32%, which was a faster decline than the market experienced during the Great Depression, the market crash in 1987, and the 2008 financial crisis.
  • The Bond market did not escape the volatility, with the treasury market seeing the largest intraday moves in over 35 years in March.
  • Although the rate of decline the market experienced this year was unprecedented, the market bounced back quicker than anyone expected.

Zions Bancorporation Board Declares Dividends

Retrieved on: 
Friday, July 31, 2020
Banking, Professional services, Finance, Financial markets, Finance, Corporate finance, Stock market, Equity securities, Dividends, Zions Bancorporation, Preferred stock, Share, S&P 500 Index, NASDAQ, Nevada State Bank

(NASDAQ: ZION) announced today that its board of directors declared a regular quarterly dividend of $0.34 per common share, payable August 20, 2020 to shareholders of record on August 13, 2020.

Key Points: 
  • (NASDAQ: ZION) announced today that its board of directors declared a regular quarterly dividend of $0.34 per common share, payable August 20, 2020 to shareholders of record on August 13, 2020.
  • The board of directors also declared regular quarterly cash dividends on the company's various perpetual preferred shares.
  • Zions Bancorporation, N.A.
  • In addition, Zions is included in the S&P 500 and NASDAQ Financial 100 indices.

CME Group Announces Aug. 31 Launch of Micro E-mini Options

Retrieved on: 
Tuesday, July 14, 2020
Financial markets, Futures markets, NASDAQ, E-mini, Futures exchanges, NASDAQ futures, Futures contract, CME Group, NASDAQ-100, Futures exchange, E-micro, S&P 500 Index

CHICAGO, July 14, 2020 /PRNewswire/ --CME Group, the world's leading and most diverse derivatives marketplace, today announced options on its Micro E-mini S&P 500 and Micro E-mini Nasdaq-100 futures contracts will be available for trading Aug. 31, 2020, pending regulatory review.

Key Points: 
  • CHICAGO, July 14, 2020 /PRNewswire/ --CME Group, the world's leading and most diverse derivatives marketplace, today announced options on its Micro E-mini S&P 500 and Micro E-mini Nasdaq-100 futures contracts will be available for trading Aug. 31, 2020, pending regulatory review.
  • "Based on the success of our micro-sized equity futures contracts and increased customer demand, we are pleased to offer options on the Micro E-mini S&P 500 and Micro E-mini Nasdaq-100 futures.
  • Since launching in May 2019, Micro E-mini Equity futures have rapidly developed into a robust, liquid underlying futures market.
  • Options on Micro E-mini S&P 500 and Micro E-mini Nasdaq-100 futures will be listed by and subject to the rules of CME.

Innovator ETFs Announces New Upside Cap Ranges for June Series of S&P 500 Buffer ETFs

Retrieved on: 
Tuesday, May 26, 2020
Exchange-traded funds, S&P 500 Index

The June Series of Innovator S&P 500 Buffer ETFs (BJUN, PJUN, UJUN) currently has a remaining outcome period of under one week, with known upside potential and downside buffers through month-end.

Key Points: 
  • The June Series of Innovator S&P 500 Buffer ETFs (BJUN, PJUN, UJUN) currently has a remaining outcome period of under one week, with known upside potential and downside buffers through month-end.
  • The June Series of the S&P 500 Buffer ETFs are scheduled to reset amidst continued heightened market volatility.
  • Other S&P 500 based Buffer ETFs available to US investors have a higher management fee of 0.85% or 0.89%.
  • 2 Innovator Capital Management, LLC is the only issuer that has Defined Outcome ETFs available that have completed a one-year Outcome Period.

Martin Marietta Declares Quarterly Cash Dividend

Retrieved on: 
Thursday, May 14, 2020
Companies, Economy of the United States, Lockheed Martin, Martin Marietta Inc., MLM, Martin Marietta, Marietta, S&P 500 Index, Dividends

RALEIGH, N.C., May 14, 2020 (GLOBE NEWSWIRE) -- Martin Marietta Materials, Inc. (NYSE:MLM) (Martin Marietta or the Company) today announced that its Board of Directors has declared a regular quarterly cash dividend of $0.55 per share on the Companys outstanding common stock.

Key Points: 
  • RALEIGH, N.C., May 14, 2020 (GLOBE NEWSWIRE) -- Martin Marietta Materials, Inc. (NYSE:MLM) (Martin Marietta or the Company) today announced that its Board of Directors has declared a regular quarterly cash dividend of $0.55 per share on the Companys outstanding common stock.
  • This dividend, which represents a cash dividend of $2.20 per share on an annualized basis, is payable on June 30, 2020, to shareholders of record at the close of business on June 1, 2020.
  • Martin Marietta, a member of the S&P 500 Index, is an American-based company and a leading supplier of building materials, including aggregates, cement, ready mixed concrete and asphalt.
  • Through a network of operations spanning 27 states, Canada and the Bahamas, dedicated Martin Marietta teams supply the resources for building the solid foundations on which our communities thrive.

Medtronic Announces Cash Dividend for Fourth Quarter of Fiscal Year 2020

Retrieved on: 
Monday, March 9, 2020
Dividends, Corporate finance, Stock market, Financial markets, S&P 500 Dividend Aristocrats, Medtronic, S&P 500 Index

DUBLIN, March 09, 2020 (GLOBE NEWSWIRE) -- The board of directors of Medtronic plc (NYSE:MDT) on Friday, March 6, 2020, approved the fiscal year 2020 fourth quarter cash dividend of $0.54 per ordinary share, representing an 8 percent increase over the prior year.

Key Points: 
  • DUBLIN, March 09, 2020 (GLOBE NEWSWIRE) -- The board of directors of Medtronic plc (NYSE:MDT) on Friday, March 6, 2020, approved the fiscal year 2020 fourth quarter cash dividend of $0.54 per ordinary share, representing an 8 percent increase over the prior year.
  • This quarterly declaration is consistent with the dividend announcement made by the company in June 2019.
  • Medtronic is a constituent of the S&P 500 Dividend Aristocrats index, having increased its annual dividend payment for the past 42 consecutive years.
  • The dividend is payable on April 17, 2020, to shareholders of record at the close of business on March 27, 2020.

Martin Marietta Declares Quarterly Cash Dividend

Retrieved on: 
Thursday, February 20, 2020
Companies, Economy of the United States, Lockheed Martin, Martin Marietta Inc., MLM, Martin Marietta, Marietta, S&P 500 Index, Dividends

RALEIGH, N.C., Feb. 20, 2020 (GLOBE NEWSWIRE) -- Martin Marietta Materials, Inc. (NYSE:MLM) today announced that its Board of Directors has declared a regular quarterly cash dividend of $0.55 per share on the Companys outstanding common stock.

Key Points: 
  • RALEIGH, N.C., Feb. 20, 2020 (GLOBE NEWSWIRE) -- Martin Marietta Materials, Inc. (NYSE:MLM) today announced that its Board of Directors has declared a regular quarterly cash dividend of $0.55 per share on the Companys outstanding common stock.
  • This dividend, which represents a cash dividend of $2.20 per share on an annualized basis, is payable on March 31, 2020, to shareholders of record at the close of business on March 2, 2020.
  • Martin Marietta, a member of the S&P 500 Index, is an American-based company and a leading supplier of building materials, including aggregates, cement, ready mixed concrete and asphalt.
  • Through a network of operations spanning 27 states, Canada and the Bahamas, dedicated Martin Marietta teams supply the resources for building the solid foundations on which our communities thrive.

Con Edison Declares Common Stock Dividend

Retrieved on: 
Thursday, January 16, 2020
Financial ratios, Dividends, Corporate finance, Shareholders, Stock market, Consolidated Edison, S&P 500 Index, Financial markets, S&P 500 Dividend Aristocrats, Dividend yield

NEW YORK, Jan. 16, 2020 (GLOBE NEWSWIRE) -- Consolidated Edison, Inc. (Con Edison) (NYSE: ED) declared a quarterly dividend of 76.5 cents a share on its common stock, payable March 16, 2020 to stockholders of record as of February 19, 2020, an annualized increase of 10 cents over the previous annualized dividend of $2.96 a share.

Key Points: 
  • NEW YORK, Jan. 16, 2020 (GLOBE NEWSWIRE) -- Consolidated Edison, Inc. (Con Edison) (NYSE: ED) declared a quarterly dividend of 76.5 cents a share on its common stock, payable March 16, 2020 to stockholders of record as of February 19, 2020, an annualized increase of 10 cents over the previous annualized dividend of $2.96 a share.
  • The increase continues the longest period of consecutive annual dividend increases of any utility in the S&P 500 index.
  • The company continues to target a dividend payout ratio of between 60% and 70% of its adjusted earnings.
  • Consolidated Edison, Inc. is one of the nation's largest investor-owned energy-delivery companies, with approximately $12 billion in annual revenues and $56 billion in assets.

S&P Dow Jones Indices Reports $10.6 Billion Increase in U.S. Dividend Payments for Q4 2019 and $45.4 billion for 2019

Retrieved on: 
Tuesday, January 7, 2020
Dividend, Shareholders, S&P 500 Index

For Q4 2019, aggregate increases amounted to $11.97 billion, up 1.0%, from Q4 2018's $11.85 billion.

Key Points: 
  • For Q4 2019, aggregate increases amounted to $11.97 billion, up 1.0%, from Q4 2018's $11.85 billion.
  • Aggregate dividend cuts, however, decreased 69.9% to $1.35 billion from $4.48 billion for Q4 2018, a period which included the $3.82 billion General Electric dividend cut.
  • "2019 dividend payments in the S&P 500 posted their eighth consecutive year of record payments.
  • On a per share basis, S&P 500 Q4 2019 dividend payments for the S&P 500 increased 7.19% to a record-setting $15.21, from the Q4 2018's $14.19.

Gorilla Forecasts S&P 500 of 3,500 for 2020

Retrieved on: 
Monday, December 30, 2019
Professional services, Technology, Finance, Consulting, Banking, Internet, Apes, Gorillas, Dow Jones Industrial Average, S&P 500 Index, Mammals

The founder and CEO of GorillaTrades, Ken Berman, who has gone by the moniker the Gorilla for two decades, is predicting that the S&P 500 index will breach 3,500 in 2020.

Key Points: 
  • The founder and CEO of GorillaTrades, Ken Berman, who has gone by the moniker the Gorilla for two decades, is predicting that the S&P 500 index will breach 3,500 in 2020.
  • Back in 2017, he predicted the Dow Jones Industrial Average would break the 24,000 level by 2019.
  • In December of 2018 amid a 17% correction, the Gorilla forecast the S&P 500 would reach new all-time highs in 2019.
  • The Gorillas 2020 forecast of 3,500 is just behind the Street high forecast of 3,600 in a survey of major brokerages and institutional investors.