| |
Gates. Google. The Pentagon. |
Bill Gates invested $100 million. Google signed a 15-year agreement. The Pentagon made it a top energy priority. |
They're all backing the same breakthrough: a virtually limitless energy source that could power AI for decades. |
Now, one company appears to be at the center of it all—and Washington could give it a major advantage on August 18. |
|
|
|
|
|
|
🕰️ The listing was not the end |
A payment landing in an account looks like the end of something. It is where a decision gets made. |
|
|
A dividend arriving in an account looks like the end of a transaction. It is closer to the start of one. On Thursday of the coming week Emerson Electric pays 55.5 cents a share, and in the moment it lands, something decides where it goes next. For most holders that something is a setting chosen years ago and not looked at since. |
The arithmetic behind the setting has changed a good deal more than the setting has. Reinvest, and the cash buys more of a company yielding 1.48% on Thursday's close. Leave it as cash, and it sits against a curve where the ten-year finished Thursday at 4.772%. That is a wide gap. It has been wide most of this year, and it is not by itself an argument for either choice. |
| |
💡 WHAT THIS MEANS |
The reason it settles nothing is that the two figures are not measuring the same object. A 4.772% coupon is the entire return on that dollar, and it does not grow. Emerson's 1.48% is this year's cash on a payment the feed shows moving up four times since 2023, attached to a share price that can go either way. One is a rate. The other is a rate plus a question. Which you want more of depends on what the money is for, and that is not a question a payment date should be answering on your behalf. |
|
|
|
|
| |
The overnight, caught up before the bell |
Asia, futures, and the headlines that broke while you slept. One short email. |
|
|
(From Good Morning Alerts) |
|
|
|
|
What a short week does to the question |
There is a timing wrinkle worth naming. Monday is Labor Day, so the coming week runs four sessions from Tuesday. A payment that arrives Thursday in an ordinary week still arrives Thursday; what changes is the runway either side of it. Fewer sessions in which to do anything with the cash, and a consumer price report at 8:30 on Friday that will take up whatever attention is left over. If the reinvestment setting is switched on, none of that reaches you, because the setting acts without asking. That is the argument for looking at it now rather than in the middle of the week. |
None of which is a reason to change anything. A 4.772% ten-year and a 1.48% dividend yield have sat side by side all year, and holders who did nothing about it collected a coupon on one side and a raise on the other. The thing worth avoiding is not knowing which of the two your account picked for you. |
A word on the company behind that 1.48%. |
| |
🧾 THE STEADY · EMR |
Emerson Electric pays 55.5 cents a share on Thursday, September 10, declared August 4 against an August 14 ex-date. The raise cadence in the feed runs in November: 52 cents through the middle of 2023, 52.5 from November 2023, 52.75 from November 2024, 55.5 from November 2025. Forward rate $2.22, a 1.48% yield on Thursday's $150.21 close, with a payout ratio of 0.25 and a 52-week range of $122.64 to $166.35. A low yield sitting on a low payout ratio is the shape of a company keeping most of its cash for its own use. That is the trade a holder is making here, and it is worth making on purpose. |
|
|
|
|
The calendar for the coming week is thin until Thursday. |
| |
📅 THE WEEK'S CALENDAR |
Mon, Sep 7. Labor Day. U.S. markets closed, and the Federal Reserve's daily statistical releases move to Tuesday. |
Tue, Sep 8. The first of four sessions. Nothing on the watchlist goes ex-dividend all week. |
Thu, Sep 10, 8:30 ET. August producer prices. Emerson's 55.5 cents is payable the same day. |
Fri, Sep 11, 8:30 ET. August consumer prices, the last inflation reading before the Fed meets. |
The week after. The FOMC meets September 15 and 16, with the decision Wednesday afternoon. |
|
|
|
|
Is your reinvestment switch something you chose, or something you inherited from an old account setup? Answer in a reply if you like. |
— Randy Cole, Editor |
|
|
|
|
| |
| |
THE MONEY MEMO
A Guardian Financial Publishing title |
WHY YOU’RE RECEIVING THIS EMAIL
You’re receiving this email because at some point, you opted in to receive updates, news, or information on a specific topic we’ve previously discussed or shared. Whether it was through a subscription, a form submission, or another form of communication, your information was shared willingly, and we respect your decision to connect with us.
Thank you for taking the time to read this. This message is part of an ongoing conversation between us, and we want you to have full transparency about why you received it, how your information is handled, and what to expect from future emails. |
SUBSCRIPTION & DELIVERY
Your subscription is confirmed and your delivery preferences are up to date. You are currently receiving content based on the schedule and frequency associated with your registration. If you need to adjust your delivery window, change your email frequency, or pause updates temporarily, reply to this message and our team will process your request within one business day. A confirmation of your original registration is available upon request. |
UNSUBSCRIBING OR MANAGING YOUR PREFERENCES
Everyone’s inbox is different. If you ever find our emails no longer relevant, there’s no hard feelings — use the unsubscribe link at the bottom of this email and it takes effect on the first click. If you’d rather adjust what you receive than leave entirely, reply with the word PREFERENCES and our team will help you tailor your delivery.
We don’t use tricks or gimmicks to keep you subscribed. Our priority is that these emails add value to your day, and if they don’t, we respect your decision to part ways. |
CONTACTING US
Questions about your subscription or anything you read here? Reply to this email or write to contact@guardian.pub. Mail can be sent to Stable Financial Publishing, 1013 Centre Road, Suite 403-D, Wilmington, DE 19805. We read every reply. |
CONTENT DISCLAIMER
The Money Memo is for informational and educational purposes only. It is not investment advice, not a recommendation to buy or sell any security, and not personalized to your situation. Investing involves risk, including the possible loss of principal, and past performance does not guarantee future results. Anything we write about a company, a fund, or a dividend is a description of what the record shows — what you do with your own money is your decision, and a conversation worth having with a financial or tax professional who knows your circumstances. |
ABOUT THE DIVIDEND AND MARKET DATA
Dividend figures — declaration dates, ex-dividend dates, payment amounts and payout streaks — come from market data feeds and company filings, and are accurate as of the date shown. Companies can change, suspend, or reinstate a dividend at any time, and a scheduled date can move. Prices and yields reflect completed trading sessions, not live quotes. Before you act on any date or figure you read here, confirm it with the company’s investor relations page or your broker.
If you believe we’ve published a figure incorrectly, reply and tell us. We check it and print the correction. |
HOW WE MAKE MONEY
The Money Memo is free to read. We keep it that way by including paid advertisements and affiliate links in some emails. If you click a link or make a purchase, we may receive compensation from the advertiser at no cost to you. Sponsored placements never change our editorial views, and we only run offers we believe are relevant to our readers. Paid placements are labeled where they appear. |
PAYMENTS & FRAUD PROTECTION
We will never ask you to provide payment card numbers, bank account details, or login credentials by email. Any message requesting this information should be considered fraudulent — please report it to our team. If you have a question about a purchase made through us, reply within 30 days of the transaction date and a member of our team will provide your records. |
REPORTING SUSPICIOUS EMAILS
If you receive a message claiming to be from The Money Memo or Guardian Financial Publishing that looks suspicious, don’t click any links in it. Forward it to our support team so we can look into it and protect other readers. |
PRIVACY & DATA HANDLING
We take your privacy seriously and we do not sell your personal information. This section describes how we collect, use, and protect it; full details are in the Privacy Policy linked below.
What we collect. The information you give us at signup or later by reply — typically your email address, and sometimes your name or phone number. We also receive technical information when you open an email or visit one of our pages, including IP address, browser and device type, and operating system. Our emails contain tracking pixels and tagged links that tell us whether a message was opened and which links were clicked, which is how we measure what is worth sending.
How we use it. To deliver the content you signed up for, respond to your inquiries, maintain your subscription records, and improve what we publish.
Service providers. We use outside vendors to send email, host pages, and measure performance. These providers process data on our behalf, under contract, and only for the purposes described here. They are not permitted to use your information for their own purposes.
Your rights. You can ask what personal information we hold about you, correct it, or request that we delete it. Email contact@guardian.pub with your request and the address you subscribed with. Depending on where you live, you may have additional statutory rights, including under California, Colorado, and Virginia privacy law.
Children. This publication is intended for adults. We do not knowingly collect personal information from anyone under 13. If we learn that we have, we delete it promptly.
Changes. We may update this privacy policy occasionally. Changes will be reflected on the linked page. |
ACCESSIBILITY AND COMMUNICATION
If you have trouble reading this email, accessing the unsubscribe page, or managing your preferences, reach out directly to our support team and we’ll help. We aim to respond within a reasonable time frame.
Our communication is designed to be as readable and inclusive as possible, but we know there’s always room for improvement. If a change to type size, spacing, or format would make these emails easier for you, please tell us — that feedback is genuinely useful. |
LEGAL INFORMATION
We comply with all applicable laws and regulations regarding email communication, including maintaining high standards for consent-based communication. Your trust matters, and we work to ensure every email you receive meets these requirements. If you need clarification on our compliance policies or legal obligations, please ask. |
A COMMITMENT TO NON-INTRUSIVE EMAILS
We aim to create a non-intrusive communication experience. We won’t overwhelm your inbox with excessive messages, and we work to keep our content clear and concise. If we ever fail to meet these standards, we encourage you to let us know.
Feedback, whether positive or constructive, is always appreciated. Your thoughts help us understand how we can do better. While we cannot promise every suggestion will be implemented, we take the time to review and consider your input. |
A FINAL NOTE
Email is one of the many ways we stay connected, but we understand it isn’t perfect for everyone. If there’s another way you’d prefer to hear from us, let us know — a different cadence, another channel entirely — and we’re open to finding what works.
Our goal is never to disrupt or clutter your inbox. Every email sent is intended to provide value, and we appreciate your time and attention. This footer was designed to ensure transparency, provide essential information, and give you full control over your communication preferences. We hope it meets your expectations, but if there’s anything you’d like to see improved, we’re always here to listen. |
|
|
|
|
|
|
This email may contain paid advertisements and affiliate links. Guardian Financial Publishing may receive compensation if you click a link or make a purchase. |
The Money Memo is a publication of Guardian Financial Publishing (D/B/A) Stable Financial Publishing
Privacy Policy · Terms · Disclaimer |
|
Tidak ada komentar:
Posting Komentar