Week 9, 2020 – Last Week of February

United Parcel Service (UPS) is the pick for Monday. We traded this last year, also in Week 9, earning a 0.9% return. They process 26 million packages per day and have experienced recent increases in volume, revenue and profit. The current yield is 3.8%.

Sonoco Products (SON) will get the Tuesday slot. We also traded this stock in Week 9 last year and made a 0.75% profit. Sales and profit have both slowed recently, but they still bring in over $1 billion in revenue and $45 million in net income each quarter. Their dividend was raised yet again at the end of the year, making it 39 straight years of increased payouts. Gotta love that!

For Wednesday the pick is Maxim Integrated Products (MXIM). Last year, we traded this in Week 22 for a 0.9% return. Sales still look good for the chipmaker and dividends have been raised for the last ten years. The current yield is just under 3%.

Next up is Bank of Hawaii (BOH). We traded this stock three times last year with returns of 0.8%, 0.2% and 2.5%. Revenue, profits and net interest income are all up and the dividend was just increased by another 3%. The current yield is just under 3%.

Finally, we’ll close out the week with Associated Banc-Corp (ASB). We traded this in Week 35 of 2019 with a return of just over 1%. This bank has $32 billion in assets and a really nice record of loan increases over the years. They maintain a commitment to a 30%-40% dividend payout ratio and the current yield is 3.6%.