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US Workers Cite Growing Layoff Fear in Philadelphia Fed Survey

US Workers Cite Growing Layoff Fear in Philadelphia Fed Survey

Bloomberg26-02-2025

Almost one-third of US workers are concerned about getting laid off by their employers, a share that's risen significantly over the past six months, according to a new Federal Reserve Bank of Philadelphia survey.
Among younger and older cohorts — employees age 18 to 35 and those age 56 to 65 — concern about losing jobs was the highest in at least two years, the Philly Fed's January 2025 Labor, Income, Finances, and Expectations (LIFE) Survey published Wednesday shows. Some 30% of workers said they were concerned about their employer's ability to stay in business.

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Why It Might Not Make Sense To Buy Cancom SE (ETR:COK) For Its Upcoming Dividend
Why It Might Not Make Sense To Buy Cancom SE (ETR:COK) For Its Upcoming Dividend

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Why It Might Not Make Sense To Buy Cancom SE (ETR:COK) For Its Upcoming Dividend

Cancom SE (ETR:COK) is about to trade ex-dividend in the next three days. The ex-dividend date generally occurs two days before the record date, which is the day on which shareholders need to be on the company's books in order to receive a dividend. The ex-dividend date is important as the process of settlement involves at least two full business days. So if you miss that date, you would not show up on the company's books on the record date. Accordingly, Cancom investors that purchase the stock on or after the 25th of June will not receive the dividend, which will be paid on the 27th of June. The company's next dividend payment will be €1.00 per share, on the back of last year when the company paid a total of €1.00 to shareholders. Calculating the last year's worth of payments shows that Cancom has a trailing yield of 3.6% on the current share price of €27.90. Dividends are an important source of income to many shareholders, but the health of the business is crucial to maintaining those dividends. As a result, readers should always check whether Cancom has been able to grow its dividends, or if the dividend might be cut. AI is about to change healthcare. These 20 stocks are working on everything from early diagnostics to drug discovery. The best part - they are all under $10bn in marketcap - there is still time to get in early. Dividends are typically paid out of company income, so if a company pays out more than it earned, its dividend is usually at a higher risk of being cut. Cancom distributed an unsustainably high 124% of its profit as dividends to shareholders last year. Without extenuating circumstances, we'd consider the dividend at risk of a cut. Yet cash flow is typically more important than profit for assessing dividend sustainability, so we should always check if the company generated enough cash to afford its dividend. Thankfully its dividend payments took up just 29% of the free cash flow it generated, which is a comfortable payout ratio. It's disappointing to see that the dividend was not covered by profits, but cash is more important from a dividend sustainability perspective, and Cancom fortunately did generate enough cash to fund its dividend. If executives were to continue paying more in dividends than the company reported in profits, we'd view this as a warning sign. Extraordinarily few companies are capable of persistently paying a dividend that is greater than their profits. See our latest analysis for Cancom Click here to see the company's payout ratio, plus analyst estimates of its future dividends. Businesses with shrinking earnings are tricky from a dividend perspective. If earnings decline and the company is forced to cut its dividend, investors could watch the value of their investment go up in smoke. 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Why Southern, Fidelity National Financial, And Brookfield Infrastructure Are Winners For Passive Income

Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Companies with a long history of paying dividends and consistently hiking them remain appealing to income-focused investors. Southern, Fidelity National Financial, and Brookfield Infrastructure Partners have rewarded shareholders for years and recently announced dividend increases. These companies currently offer dividend yields of around 3% to 5%. The Southern Co. (NYSE:SO) is an American electric and gas utility holding company. Southern has increased its dividends every year for the last 24 years. In its most recent dividend hike announcement on April 21, it raised the quarterly payout from $0.72 to $0.74, equal to an annual figure of $2.96 per share. Currently, the dividend yield is 3.28%. Don't Miss: Maker of the $60,000 foldable home has 3 factory buildings, 600+ houses built, and big plans to solve housing — Peter Thiel turned $1,700 into $5 billion—now accredited investors are eyeing this software company with similar breakout potential. Learn how you can Southern's annual revenue as of March 31 stood at $27.85 billion. In its Q1 2025 earnings report on May 1, the company posted revenues of $7.78 billion and EPS of $1.23, both coming in above the consensus estimates. Fidelity National Financial Inc. (NYSE:FNF) provides various insurance products in the U.S. Fidelity National Financial has raised its dividends every year for the last 13 years. In its most recent dividend hike announcement on Nov. 7, the company's board increased the quarterly payout by 4% to $0.50 per share, which is equal to an annual figure of $2 per share. More recently, in its dividend announcement on May 8, the company maintained the payout at the same level. The current dividend yield is 3.62%. The company's annual revenue as of March 31 stood at $12.78 billion. In its Q1 2025 earnings report on May 7, Fidelity posted revenues of $2.73 billion and EPS of $0.78, both coming in below the consensus expectations. Check out this article by Benzinga for Fidelity's price-over-earnings overview. Trending: Warren Buffett once said, "If you don't find a way to make money while you sleep, you will work until you die." Brookfield Infrastructure Partners L.P. (NYSE:BIP) engages in the utilities, transport, midstream, and data businesses. The company has raised its dividends consecutively for the last 16 years. In its most recent dividend hike announcement on Jan. 30, its board increased the quarterly payout by 6% to $0.43 per share, equaling an annual figure of $1.72 per share. More recently, in its dividend announcement on April 30, it maintained the payout at the same level. Currently, the dividend yield on the stock stands at 5.22%. Brookfield Infrastructure Partners' annual revenue as of March 31 stood at $21.24 billion. According to its Q1 2025 earnings report on April 30, the company posted revenues of $5.39 billion, beating consensus estimates, while EPS of $0.04 missed expectations. Southern, Fidelity National Financial, and Brookfield Infrastructure Partners are good choices for investors seeking reliable passive income. Their dividend yields of around 3% to 5% and long history of consistent hikes make them attractive to income-focused investors. Check out this article by Benzinga for three more stocks offering high dividend yields. Read Next: Maximize saving for your retirement and cut down on taxes: . 'Scrolling To UBI' — Deloitte's #1 fastest-growing software company allows users to earn money on their phones. You can Image: Shutterstock This article Why Southern, Fidelity National Financial, And Brookfield Infrastructure Are Winners For Passive Income originally appeared on

Turn Your $7,000 TFSA Contribution Into a Lasting Income Stream
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Turn Your $7,000 TFSA Contribution Into a Lasting Income Stream

Written by Puja Tayal at The Motley Fool Canada The Tax-Free Savings Account (TFSA) is good for wealth creation, but you can also convert your TFSA into a source of lasting income. It all depends on your investment needs. Unlike the Registered Retirement Savings Plan (RRSP), which has an age limit of 71 years, the TFSA has no age limit. As long as you are over 19 years old, you can contribute to a TFSA. The 2025 TFSA contribution is $7,000 for a 19-year-old and a 79-year-old, irrespective of income bracket. If you are near retirement or have retired, you can build an emergency fund in your TFSA as withdrawals are tax-free. You can also create a lasting income stream to help you fight inflation and unexpected expenses. Here are a few stocks for your consideration. Real estate stocks associated with retail stores are a good investment for monthly income, as they tend to attract higher rent. Slate Grocery REIT (TSX: owns and leases a US$2.4 billion retail real estate portfolio in the United States. Supermarkets and groceries contribute to 46% of its rental income. These stores tend to do well in all economic conditions. Two of its largest tenants are Walmart and Kroger, which means the rental income is assured. The REIT earns rent in US dollars but pays monthly distributions to Canadians in Canadian dollars. In the current economic scenario of a trade war, you can earn a higher income as the US dollar strengthens. Now is a good time to invest in the stock and lock in an 8.1% yield. A $2,000 TFSA investment can start earning a $13.50 monthly income from next month onwards. CT REIT (TSX: is a safe investment for retirees as the majority of the rent comes from Canadian Tire. The retailer is revamping its growth strategy to boost sales in the current environment in which consumers are spending frugally. The growth strategy involves the opening of new stores, and CT REIT will be given the first preference to carry out the development. CT REIT increases its cash flow by increasing rent by 1.5%, adding new stores, and intensifying existing stores. The REIT passes on the cash flow to unitholders and has increased distributions by 3% for the last 10 years. A $2,000 TFSA investment can start earning a $9.95 monthly income from next month. For emergencies, you can consider stocks that pay quarterly dividends. Telus (TSX:T) passes on a portion of its cash flow from subscriptions to shareholders as dividends. Every year, subscriptions grow as it increases subscriber count and average revenue per user (ARPU). It has been paying dividends for 25 years and growing them annually by 7–10%. However, the company has reduced its dividend growth rate to 3–8% for the 2026–2028 period. This is because regulatory changes have increased price competition, and reduced immigration numbers have slowed new subscriptions, thereby slowing its ARPU. Despite these challenges, Telus can pay a 7.6% yield and grow your income to adjust for inflation. A $2,000 investment can earn $38.30 in TFSA quarterly income from January onwards. Canadian Natural Resources (TSX:CNQ) is a quarterly dividend stock that has been growing its dividend by an average annual rate of 23% for 24 years. CNQ generates cash flow by selling its natural gas and crude oil at market prices. It increases cash flow despite oil and gas price fluctuations by increasing production and shifting its product mix to higher-margin Synthetic Crude Oil. It is a good investment that can pay a 5% dividend yield. A $2,000 investment can start earning $25.20 in TFSA quarterly income from October onwards. You can allocate the $7,000 investment depending on the frequency of the payouts. Monthly income stocks can help cover daily expenses and provide quarterly payouts for those unexpected emergencies. The post Turn Your $7,000 TFSA Contribution Into a Lasting Income Stream appeared first on The Motley Fool Canada. More reading Made in Canada: 5 Homegrown Stocks Ready for the 'Buy Local' Revolution [PREMIUM PICKS] Market Volatility Toolkit Best Canadian Stocks to Buy in 2025 Beginner Investors: 4 Top Canadian Stocks to Buy for 2025 5 Years From Now, You'll Probably Wish You Grabbed These Stocks Subscribe to Motley Fool Canada on YouTube Fool contributor Puja Tayal has no position in any of the stocks mentioned. The Motley Fool recommends Canadian Natural Resources, Kroger, Slate Grocery REIT, TELUS, and Walmart. The Motley Fool has a disclosure policy. 2025

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