The Motley Fool

MARCH 19, 2025

I am incredibly excited about this acquisition, which enhances our footprint in some of the most bet-upon sports, including tennis, soccer, and basketball, and will deliver significant value to our clients, partners, and shareholders. The deal, once closed, is expected to be immediately accretive to our business and margins.

Leveraging 245

Leveraging Liabilities Assets Shareholders 245

The Motley Fool

FEBRUARY 28, 2025

Main Street Capital (NYSE: MAIN) Q4 2024 Earnings Call Feb 28, 2025 , 10:00 a.m. ET Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: Operator Greetings and welcome to the Main Street Capital fourth quarter earnings conference call. Image source: The Motley Fool. You may begin. for the quarter.

Capital 130

Capital Asset Management Debt Leveraging 130

The Motley Fool

JANUARY 6, 2025

steel import levels; construction activity; demand for finished steel products; the expected capabilities, benefits, and timeline for construction of new facilities; the company's operations; the company's strategic growth plan; legal proceedings; the company's future results of operations; financial measures; and capital spending.

Securities and Exchange Commission (SEC) 246

Securities and Exchange Commission (SEC) Capital Banks Shareholders 246

The Motley Fool

OCTOBER 3, 2024

It's always an interesting time when a notable shareholder or executive at a major company buys or sells a lot of stock. Unfortunately for Dell Technologies (NYSE: DELL) shareholders, founder, chairman, and CEO Michael Dell disclosed a massive share sale on Monday. Wall Street doesn't seem to think shares are expensive, either.

Investors 246

Investors Taxes Shareholders Banks 246

The Motley Fool

DECEMBER 15, 2024

The strategy will produce after-tax returns better than about 98% of actively managed mutual funds over the long run. However, the challenge is compounded as the fund manager starts managing more capital. But it's a lot harder to maneuver in the market and generate high returns when you have a lot of capital to invest.

Mutual Funds 240

Mutual Funds Funds Taxes Investing 240

The Motley Fool

FEBRUARY 19, 2025

We had a total estimated pre-tax statutory loss for our U.S. For the full year, we generated strong statutory pre-tax income of $378 million. Our first priority is to create shareholder value through our approximately 81% ownership stake in Enact. And currently, we are working to finalize the remaining open items.

Liabilities 130

Liabilities Legal Taxes Debt 130

The Motley Fool

MAY 12, 2024

In a word: taxes. Buffett thinks paying taxes now on the massive capital gain for Berkshire's Apple shares is a smart move. "We And that rate was 35% not that long ago, and it's been 52% in the past," he told the audience in Omaha at the Berkshire Hathaway shareholder meeting. "I So, why did Buffett sell? It was U.S.

Securities and Exchange Commission (SEC) 246

Securities and Exchange Commission (SEC) Taxes Stakes Shareholders 246

The Motley Fool

AUGUST 9, 2024

Tax management After Berkshire's 13-F filing in May showed that the company had sold more than 116 million shares of Apple, cutting its stake by 13%, Buffett addressed the move at the annual shareholder meeting in May. Image source: The Motley Fool.

Stakes 246

Stakes Taxes Conglomerates Banks 246

The Motley Fool

AUGUST 10, 2024

That's the third straight quarter Buffett has trimmed his stake in Apple , a company he called "a better business than any we own" at last year's shareholder meeting. He explained his reasoning behind the sales at the most recent shareholder meeting. Berkshire is sitting on a massive capital gain from its Apple investment.

Investors 246

Investors Taxes Conglomerates Banks 246

The Motley Fool

JANUARY 23, 2025

Marcos Gabriel -- Senior Vice President, Global Finance and Capital Markets Thank you, Brendan, and good morning, everyone. Our fourth quarter adjusted effective tax rate was 25.4%, compared to 22.3% This decrease was primarily due to the unfavorable tax rate, as well as the increase in SG&A that I mentioned earlier.

Finance 223

Finance Financing Taxes Capital 223

The Motley Fool

OCTOBER 29, 2024

As noted at our analyst day in late 2023, in our previous earnings call, our story is about the value of long-term strategic decision-making, underpinned by differentiated technology and business model, which endeavors to drive value creation for our shareholders and partners. Our net cash position decreased by approximately $0.5

Taxes 246

Taxes Liabilities Capital Leveraging 246

The Motley Fool

NOVEMBER 26, 2023

The stock went public in 1919, rewarded shareholders handsomely throughout the century, and started paying dividends in 1964. Yet, recent times have been a bit frustrating for shareholders. Coca-Cola is shareholder-friendly Berkshire Hathaway's investment illustrates that Coca-Cola is dedicated to returning capital to shareholders.

Shareholders 264

Shareholders Stakes Taxes Debt 264

The Motley Fool

JUNE 4, 2024

And because these companies have their pricey distribution infrastructure already established, they can return a big percentage of these profits back to shareholders in the form of dividends. But it shouldn't matter how much of the income stream is delivered via dividends or capital appreciation.

Exchange-Traded Funds 246

Exchange-Traded Funds Taxes Shareholders Capital 246

The Motley Fool

DECEMBER 4, 2024

Our increasing profitability has enabled us to continue to return meaningful capital to shareholders, as reflected by the incremental $342 million we deployed to shareholders in the third quarter. Please note that my discussion of SG&A exclude share-based compensation expense and related taxes.

Leveraging 243

Leveraging Shareholders Capital Returns 243

The Motley Fool

JANUARY 31, 2025

And as we go into 2025, year two, we remain well-positioned to continue to deliver mid-single digit or greater organic revenue growth, continued margin expansion in line with our historic performance, strong adjusted EPS growth, double-digit free cash flow growth, and disciplined capital allocation.

Leveraging 130

Leveraging Capital Taxes Shareholders 130

The Motley Fool

DECEMBER 9, 2024

The non-GAAP tax rate for the quarter was actually 20.1%, which is higher than my 19% guidance. Even as higher tax rate lowered EPS by $0.02, we still hit the high end of my constant currency guidance. Lastly, my EPS guidance for Q3 assumes a base tax rate of 19%. Absolutely, we did better.

Taxes 245

Taxes Banks Investors Liabilities 245

The Motley Fool

MAY 4, 2024

Just one quarter after Meta Platforms announced its first-ever dividend payout, Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) joined Meta, Microsoft , and Apple to become the fourth "Magnificent Seven" company to reward shareholders with a quarterly dividend. Shareholders owe taxes on dividend income but not buybacks. Data by YCharts.

Companies 245

Companies Shareholders Liabilities Capital 245

The Motley Fool

NOVEMBER 8, 2024

in 1965, he grew the value of shareholders' stakes by an average compound annual rate of 19.8% When asked about the sales during Berkshire's annual shareholder meeting, Buffett told the audience it's "extremely likely" Apple will remain Berkshire's largest equity holding at the end of the year. His track record speaks for itself.

Investors 246

Investors Stakes Banks Taxes 246

The Motley Fool

NOVEMBER 29, 2024

Buffett said it's extremely likely Apple will be the largest common stock holding in Berkshire's portfolio at the end of the year during Berkshire's shareholder meeting in May. He pointed out that there's a high likelihood the corporate tax rate will revert to a less favorable level after the current tax laws expire at the end of 2025.

Banks 245

Banks Stakes Taxes Investing 245

The Motley Fool

SEPTEMBER 25, 2024

Berkshire's outperformance boils down to prudent capital allocation decisions, and Buffett deserves much of the credit. He has architected dozens of savvy acquisitions, made many prudent investments, and repurchased company stock in a manner that has undoubtedly created shareholder value. Treasury bills."

Taxes 245

Taxes Shareholders Stakes Capital 245

The Motley Fool

DECEMBER 20, 2024

And with ROIC ending 2024 at 11%, comfortably above our cost of capital, we are already delivering long-term value for our shareholders as we lay the foundation we'll build upon in 2025 and beyond. million guest visits in 2024, we believe we have a meaningful opportunity to expand and capitalize on this strategic advantage.

Securities and Exchange Commission (SEC) 246

Securities and Exchange Commission (SEC) Leveraging Debt Assets 246

The Motley Fool

OCTOBER 28, 2024

And in an ironic twist, the less competitive you are, the better you'll be able to stick with a strategy that can lead you to after-tax returns that beat 98% of professionally managed mutual funds. In real life, investors have to pay taxes. And more often than not, active mutual funds are very tax-inefficient.

Mutual Funds 246

Mutual Funds Funds Taxes Investing 246

The Motley Fool

DECEMBER 19, 2024

And finally, it has enabled the consistent and predictable takedown of just in time delivered fully developed home site, and that has attracted capital to the structured land banking partnerships that have driven the nearly $20 billion of transaction that have enabled our land-light transformation to date. debt to total capital ratio.

Debt 242

Debt Assets Capital Banks 242

The Motley Fool

OCTOBER 31, 2024

Our third quarter performance reflects continued positive momentum in growing our businesses, increasing capital efficiency, and pivoting our product suite to address the investing, insurance and retirement needs of our customers and clients around the world. Our strategic progress and performance are backed by our financial strength.

Liabilities 130

Liabilities Assets Capital Shareholders 130

The Motley Fool

NOVEMBER 8, 2024

We've increased our regular dividend rate 160%; and including both regular and special dividends, paid or committed to pay more than $13 billion directly to shareholders; and $3.2 billion of that free cash flow back to our shareholders through a mix of our regular dividend and opportunistic share repurchases. We generated $1.6

Debt 130

Debt Shareholders Leveraging Capital 130

The Motley Fool

MARCH 2, 2024

Investors look forward to Warren Buffett's annual shareholder letter, and in the 2023 version, released on Feb. shareholder whom Buffett described as understanding "many accounting terms, but. Pulling out the unrealized capital gains and losses from the equation gives you a better view into the daily operations of the business.

Investors 246

Investors Shareholders Amortization Earnings Before Interest 246

The Motley Fool

OCTOBER 28, 2024

Generally, Buffett is attracted to time-tested, profitable businesses, with strong management teams, well-defined competitive advantages, and established capital-return programs. He believes shareholders will, in hindsight, value Berkshire Hathaway locking in sizable gains at a lower tax rate. Image source: The Motley Fool.

Portfolios 246

Portfolios Investing Banks Exchange-Traded Funds 246

The Motley Fool

NOVEMBER 1, 2024

Ares Capital Ultra-high is certainly the right description for Ares Capital 's (NASDAQ: ARCC) forward dividend yield of 8.86%. Delivering great total returns is something Ares Capital has consistently done, by the way. Ares Capital ranks as the largest publicly traded business development company (BDC).

Shareholders 243

Shareholders Capital Business Development Companies Taxes 243

The Motley Fool

MAY 13, 2024

CEO Warren Buffett held his company's first annual shareholder meeting in the cafeteria of a subsidiary and drew a few dozen people. During his annual Q&A with investors, Warren Buffett suggested that tax reasons were behind the hefty reduction in its Apple stake. Some 51 years ago, Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B)

Banks 245

Banks Taxes Shareholders Stakes 245

The Motley Fool

JULY 23, 2024

During Berkshire Hathaway's annual shareholder meeting in May, where the company's first-quarter operating results revealed it had an all-time record $189 billion in cash, cash equivalents, and U.S. economy is firing on all cylinders, money-center banks are known for rewarding their shareholders with hearty capital-return programs.

Banks 244

Banks Stakes Taxes Shareholders 244

The Motley Fool

SEPTEMBER 9, 2024

Despite PepsiCo's net sales being nearly double those of Coca-Cola, it has a smaller market capitalization of $243.9 Another factor contributing to PepsiCo's lower market capitalization is its higher debt burden. Excluding the tax payment, Coca-Cola's debt has decreased by 15.8% Is Coca-Cola or PepsiCo more shareholder-friendly?

Debt 246

Debt Taxes Shareholders Capital 246

The Motley Fool

DECEMBER 3, 2024

The companies have excellent track records of growing their dividends and shareholder value. It has generated a robust total shareholder return , averaging 11% annually since 2004. Enbridge has plenty of fuel to continue growing shareholder value in the future. It has delivered a more than 11.5%

Shareholders 244

Shareholders Amortization Depreciation Earnings Before Interest 244

The Motley Fool

APRIL 5, 2024

Pfizer (NYSE: PFE) , Ares Capital (NASDAQ: ARCC) , and Realty Income (NYSE: O) are dividend-paying stocks that offer above-average yields. Ares Capital Ares Capital is America's largest publicly traded business development company ( BDC ). At recent prices, Ares Capital offers a big 9.3% dividend yield.

Taxes 243

Taxes Legal Shareholders Capital 243

The Motley Fool

JULY 28, 2024

for shareholders since taking over the business in 1965. In his most recent letter to shareholders, Buffett suggested another stock that should perform better than the average American company, and it could turn out to be a great value stock for investors. Buffett's produced an average compound annual gain of 19.8% in that time.

Conglomerates 246

Conglomerates Shareholders Prospects Banks 246

The Motley Fool

FEBRUARY 18, 2024

Effectively, Berkshire doesn't have a good enough alternative idea to justify selling Apple stock and suffering the associated tax consequences. Buffett defended it by saying some tax-related factors made the move advisable, but he still seemed to regret it. Buybacks continue to be the main driver of Apple's capital return program.

Taxes 246

Taxes Stakes Banks Shareholders 246

The Motley Fool

OCTOBER 2, 2024

The end result of this dealmaking was the epic destruction of shareholder value. The remaining 70% stake in DIRECTV has been generating dividends for AT&T, but it also locked up capital that could have been used to pay down debt to invest in the wireless or fiber networks. billion in pre-tax quarterly distributions.

Stakes 246

Stakes Conglomerates Debt Taxes 246

The Motley Fool

JUNE 14, 2024

In his most recent letter to shareholders, he indicated one stock that should be able to outperform the S&P 500 over the long run without as much risk to investors. In his letter to shareholders, he called out American Express and Coca-Cola , two of Berkshire's top holdings, as investments he expects to maintain indefinitely.

Shareholders 246

Shareholders Stakes Taxes Portfolios 246