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Strategies & Market Trends : Dividend investing for retirement

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To: Ditchdigger who wrote (34249)5/2/2023 7:34:34 AM
From: Ditchdigger  Read Replies (1) of 34328
 
Interesting, while I don't ever pay much attention as I pay the balance in full monthly(had the card 20+ years),
I noticed Citi is hiking the APR on my credit card by 2%. Nothing has changed in my credit history(0 debt).
Wonder if I'm now considered to good of a customer and needed to be penalized per new credit rules.
What a world we live in (ha).

On the brighter side, great report from KBR yesterday " KBR Q1 Adj. EPS $0.67 Beats $0.58 Estimate, Sales $1.70B Beat $1.61B Estimate" firing on all division cylinders,backlog getting stronger and stronger.
finance.yahoo.com
Financial Highlights for the Quarter Ended March 31, 2023

Revenue of $1.7 billion, up 18% on an ex-OAW1 year-over-year-basis

Net income attributable to KBR of $86 million; Adjusted EBITDA1 of $182 million (11% Adjusted EBITDA1 margin)

Diluted EPS of $0.56; Adjusted EPS1 of $0.67, up 22% on an ex-OAW1 year-over-year basis

Operating cash flows of $35 million

Bookings and options of $3.1 billion during the quarter with 1.4x TTM book-to-bill2
(employee count up 7%)

Still my favorite holding for the very long term.

Took awhile for it to solidly break through 57(it tried last year), we'll see how/if it holds.

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