It's smart to seek dividend income from your investments because it can be used to help pay living expenses or to buy more stock. A solid dividend-paying stock to consider is pharmaceutical company AbbVie (NYSE: ABBV) , which was spun off from Abbott Laboratories in 2013. The stock recently sported a 3.38% dividend yield, far above the average yield of 1.1% for stocks in the S&P 500. If you're loo...
It's smart to seek dividend income from your investments because it can be used to help pay living expenses or to buy more stock. A solid dividend-paying stock to consider is pharmaceutical company AbbVie (NYSE: ABBV) , which was spun off from Abbott Laboratories in 2013. The stock recently sported a 3.38% dividend yield, far above the average yield of 1.1% for stocks in the S&P 500. If you're looking for, say, $10,000 in annual dividend income, how many shares of AbbVie do you need to buy? Image source: Getty Images. Continue reading
Esteban Alejandro/iStock via Getty Images There was a recent announcement about the coming management changes with Vicki Hollub, President and CEO of Occidental Petroleum ( OXY ), retiring. But short of a major malfunction in this process, usually it takes several years for a new person to “make his mark” on a big company like this one. Therefore, while it is important for the new CEO to begin est...
Esteban Alejandro/iStock via Getty Images There was a recent announcement about the coming management changes with Vicki Hollub, President and CEO of Occidental Petroleum ( OXY ), retiring. But short of a major malfunction in this process, usually it takes several years for a new person to “make his mark” on a big company like this one. Therefore, while it is important for the new CEO to begin establishing a new record right away, it is probably much more important to notice the effects of the acquisitions on the company's cost structure in the future. Many of the acquisitions (if not all of them) were “sold” with the idea that they were accretive right away. The last article covered this in some detail. That statement is fair enough and should have already been judged by the market and individual investors. However, a low-cost acquisition also has future benefits in that lower-cost wells slowly gain in significance from these acquisitions to keep lowering the company's overall breakeven point over time. Furthermore, remember that Occidental Petroleum sold the chemical division to Berkshire Hathaway Inc. ( BRK.A ) ( BRK.B ). That took care of any debt issues from the CrownRock acquisition (or really any of the acquisition period). Management several times expected many of these acquisitions to have in the neighborhood of 20% lower costs (especially with the improvements that management had in mind). That is a very rough number that may be exceeded in some cases while possibly falling short in other cases. The other thing is that technology keeps advancing to make these deals even better. The significance and speed of those advances can always be a discussion point. But over time, they become a big part of the overall strategy. There is still the preferred stock to deal with from the Anadarko acquisition. But that should be a very straightforward process now that the sale of the Chemical business has been completed. Of course, it also helps that commodity prices have...
JHVEPhoto/iStock Editorial via Getty Images Four Chinese universities, including two with ties to the People’s Liberation Army (PLA), purchased Super Micro Computer ( SMCI ) servers equipped with restricted AI chips over the past year, Reuters reported, citing procurement data. It was not clear how the servers were sourced. Super Micro Computer ( SMCI ) shares crashed more than 28% last week on Fr...
JHVEPhoto/iStock Editorial via Getty Images Four Chinese universities, including two with ties to the People’s Liberation Army (PLA), purchased Super Micro Computer ( SMCI ) servers equipped with restricted AI chips over the past year, Reuters reported, citing procurement data. It was not clear how the servers were sourced. Super Micro Computer ( SMCI ) shares crashed more than 28% last week on Friday after three individuals linked to the company, including a co-founder, were charged with assisting in the smuggling of at least $2.5B worth of AI technology to China. In an indictment unsealed on Thursday last week, the U.S. government alleged that Yih-Shyan “Wally” Liaw, Ruei-Tsan, “Steven” Chang, and Ting-Wei “Willy” Sun worked together to violate the Export Control Reform Act. Liaw co-founded Super Micro in 1993, and joined its board of directors in 2023. Chang was a sales manager in the Taiwan office of Super Micro, while Sun was a contractor. Liaw resigned from Super Micro's board on March 20, 2026. The U.S. has restricted sales of certain advanced AI chips, including those from Nvidia ( NVDA ), since 2022 over concerns they could support China’s military capabilities. Chinese universities have previously obtained restricted chips through servers from Super Micro and other vendors, according to earlier Reuters reporting. The continued purchases, particularly by institutions linked to the PLA, are likely to raise fresh concerns among U.S. lawmakers. On Monday, two U.S. senators urged Commerce Secretary Howard Lutnick to consider pausing export licenses that allow advanced Nvidia ( NVDA ) AI chips and related server systems to be shipped to China or via intermediaries in Southeast Asia. Separately, two additional universities, including one with military ties, attempted similar purchases in 2025 and early 2026, though it remains unclear whether those transactions were completed. More on Super Micro Computer Super Micro Computer Has Lots Of Smoke: Watch Out For Th...