April put them back on the table dividends, one of the variables most looked at by investors who privilege periodic flow over pure price movement. While one part of the market focuses on the possibility of capturing price increases in a share, another closely follows which companies actually They distribute profits and how much money they leave per share.
The calendar revealed by one of the most important tables in the City, Adcap, shows just that. Throughout the month they appear 28 companies with planned payments, in a list that mixes mass consumption giants, international banks, technology companies, industrial and energy firms and companies in the health sector. The breadth of the map reveals that in April there will not be a single industry dominating the scene, but rather several sources of income coexisting within the same month.
The list includes well-known names for the Argentine investor who operates CEDEARs or follows international stocks from a diversification perspective. There are Coca-Cola, Nike, Walmart, Merck, Oracle, Cisco, HSBC, JPMorgan, TSMC, Philip Morris and NVIDIA, among others. Some offer modest payments, almost symbolic in unit terms while others, on the other hand, They show a much juicier distribution policy.
Who pays in April and how much each share leaves
The month started on Wednesday 1with a strong first round given that that day Coca-cola (KO) paid US$0.53 per share, NVIDIA (NVDA) distributed $0.01, Nike (NKE) paid $0.41 and H.P. (HPQ) distributed US$0.30. One day later, the Thursday 2they appeared Kimberly-Clark (KMB), with $1.28 for paper, and Schlumberger (SLB), with US$0.30. On Monday the 6th it was the turn of Walmart (WMT), which will pay US$0.25, while on Tuesday the 7th he paid Merck (MRK), with $0.85 per share.
The second week of the month also brings important names since the Thursday 9, Taiwan Semiconductor (TSM) will distribute $0.97 per share. Then, the Friday the 10thit will be the turn of Unilever (UL), with u$s0.55, and International Flavors & Fragrances (IFF), with US$0.40. Afterwards, the monday 13, Philip Morris (PM) will pay $1.47 per paper, one of the highest amounts on the calendar, and the tuesday 14 will do it Mondelez (MDLZ), with US$0.50.
In the middle of the month, the Wednesday 15, three more payments appear, where, Thermo Fisher Scientific (TMO) will distribute $0.47 per share, Occidental Petroleum (OXY) will pay $0.26 and Micron Technology (MU) will pay US$0.15. Already in the last part of April, the Wednesday 22 appear Cisco (CSCO), with $0.42. The next day, the Thursday 23, will pay Salesforce (CRM), with US$0.44, while the Friday the 24th they will Danaher (DHR), with u$s0.40, and Oracle (ORCL), with US$0.50.
Already the end of the month concentrates another strong block because the Monday 27th, GE (GE) will distribute $0.47 per share. Finally, the Thursday 30, four payments will arrive:
- Altria (MO) will pay US$1.06
- JPMorgan (JPM) will distribute $1.50
- HSBC (HSBC) will pay $0.45
- Marvell Technology (MRVL) will leave $0.06 by paper.
That last date ends up being one of the most relevant on the calendar due to the number of companies and the amount of one of its protagonists.
The companies that pay the most
If the survey is ordered by amount distributed per share, the top squad becomes quite clear. JPMorgan leads with US$1.50, continued by Philip Morris, with US$1.47, and Kimberly-Clark, with US$1.28. Lower down, but still at high levels, appear Altria, with US$1.06, TSMC, with US$0.97, and Merck, with US$0.85.
And the fact is that the greatest flow per share does not necessarily come from the technological universe, which often prefers to reinvest cash rather than distribute it.
It is also striking that the calendar combines companies that are historically associated with dividends with others that tend to be followed more for their expansion potential. Oracle, Cisco and even Salesforce show that within the technological ecosystem There are business models that have already entered a different stage, in which growth and return to the shareholder can coexist without the need to exclude each other.
The case of TSMC deserves special attention not only because it pays US$0.97 per share, a high figure within the April calendar, but because it is a name with structural weight in the international chip business. For those who seek exposure to a strategic company and, at the same time, value cash distribution, it appears as one of the most interesting roles of the month within the surveyed payroll.
What the investor can look at
Now, a dividend schedule alone is not enough to define a purchase; just because a company pays more in absolute terms does not automatically mean that it is a better alternative. At this point it is convenient to separate three planes.
- He amount per share, that emerges clearly from the survey and allows us to identify which are the highest payments of the month.
- The frequency with which each company distributes profits, a key aspect for those looking for a recurring flow and not a sporadic income.
- The price of paper, which defines how much that payment really weighs in relation to the share price and, therefore, in terms of performance.
Therefore, although April shows outstanding payments in firms such as JPMorgan, Philip Morris, Kimberly-Clark or Altria, the most useful reading for the investor is not only the nominal number of the dividend.
Also important is the profile of the business, the historical consistency of the distribution and the place that role occupies within a broader portfolio.
In the Argentine case, furthermore, the issue takes on an additional nuance because many of these names are followed through CEDEARs, which function as a gateway to the international market without leaving the local ecosystem. For this universe, the April calendar serves as a roadmap that allows us to detect which companies will have cash flow for the shareholder during the month and which appear with more robust payments within the lot selected by Adcap.
