Here’s a puzzle that cost investors a fortune this month. On August 4, SpaceX
beat revenue expectations. CNN, Fortune, and Bloomberg all shared that revenue
jumped 92% to $7.8 billion — nearly a billion past what analysts forecast.
<[link removed]>
Here’s a puzzle that cost investors a fortune this month.
On August 4, SpaceX beat revenue expectations.
CNN, Fortune, and Bloomberg all shared that revenue jumped 92% to $7.8
billion — nearly a billion past what analysts forecast.
But then…
The stock fell 13%, to an all-time low.
<[link removed]>
That’s the trap in trying to profit from Elon by simply buying SpaceX…
You can be right about the company and wrong about the trade.
And a Wall Street trader of more than 40 years, Larry Benedict, plays it
differently.
Click here for the smarter way to profit from Elon’s next move.
<[link removed]>
He doesn’t guess which way Elon sends a stock.
He watches one ticker at the center of the reaction and positions to profit
whichever way the money moves.
See the one ticker Larry uses to trade Elon’s surprises.
<[link removed]>
It’s not SpaceX.
It’s not Tesla.
It’s not a name you’d ever link to Elon.
But Larry believes it could create a string of rapid opportunities as Elon’s
plans unfold.
He’s recorded a free briefing with the ticker’s name, its symbol, and how he
plans to trade it.
Watch the briefing and get the ticker now.
<[link removed]>
Regards,
Lauren Wingfield
Managing Editor, The Opportunistic Trader
If you would like to stop receiving these offers, please click here
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to unsubscribe.
The Income Tracker
Curtiss-Wright Raised Its Dividend 8.3%. The Yield Still Won’t Pay Your Bills.
An 8-year streak, a 7.7% payout ratio, and a real increase in the per-share
check — on a stock yielding only 0.2%. This is a dividend-growth story, not an
income one, and the difference matters for how you use it.
The Income Event
Curtiss-Wright Corporation, an aerospace and industrial components
manufacturer, declared a quarterly dividend increase on September 10, 2026:
from $0.24 to $0.26 per share, an 8.3% raise, payable October 9 to holders of
record September 25. This marks the company’s eighth consecutive year of
dividend increases.
Current Yield or Distribution
At a stock price of roughly $559.62, the new $1.04 annualized dividend (4 ×
$0.26) produces a current yield of approximately 0.2%.
ROI Tracker Pro calculation: $1.04 ÷ $559.62 × 100 ≈ 0.19%. Be clear-eyed
about what this means: an 8.3% raise on a yield this small changes almost
nothing about the income this stock produces relative to its price. This is a
dividend-growth signal about management’s confidence in earnings, not a
meaningful income stream for a portfolio that needs cash flow today.
Coverage and Cash Flow
The reported payout ratio is approximately 7.7% of earnings — an unusually
low figure that means this dividend is covered many times over by current
profit. That low payout ratio is exactly why an 8-year raise streak has been
possible with room to keep extending it; the constraint on this dividend is not
coverage, it is that the company has chosen to retain the overwhelming majority
of its earnings rather than distribute them.
Inflation-Adjusted Perspective
Against August’s 3.4% year-over-year CPI reading (reported the same week), an
8.3% dividend increase comfortably outpaces inflation on a per-share basis.
ROI Tracker Pro calculation: [(1 + 0.083) ÷ (1 + 0.034)] − 1 ≈ 4.7% real
growth in the per-share payout. That is a statement about the growth rate of
the dividend only — on a base this small, the actual dollar income it adds to a
portfolio is negligible.
Principal Risk
The stock opened Friday down roughly 1.0%, unrelated to the dividend news
based on the sources reviewed. The dividend itself carries essentially no
coverage risk given the low payout ratio; the real risk to an investor here is
treating an 8.3% dividend increase as meaningful income when the actual yield
is a fifth of one percent — the stock’s price risk, not its dividend, is what
would drive returns or losses from here.
What Could Raise the Income
Given the 7.7% payout ratio, Curtiss-Wright has enormous room to raise its
payout ratio itself — toward a more typical industrial-dividend range of 20–40%
— without straining earnings. Whether management chooses to do that, versus
continuing to prioritize buybacks or reinvestment, is a capital-allocation
decision worth watching rather than assuming.
What Could Cut the Income
Given the extremely low payout ratio, a dividend cut here would require a
severe, sustained earnings collapse — a low-probability outcome based on
current disclosed fundamentals, though one this desk cannot rule out on a
single announcement alone.
Income Classification
Income Strengthening (But Not Meaningful Income)
This is a genuine, well-covered dividend increase with an 8-year track record
behind it — strengthening by every measure of safety and growth rate. It does
not belong in a portfolio built around current income; at a 0.2% yield, this is
a signal about management’s confidence in the business, useful for total-return
investors, not a distribution retirees should count as cash flow.
Next Payment or Filing to Watch
The new $0.26 dividend pays October 9, 2026, to holders of record September
25. Watch Curtiss-Wright’s next annual guidance update for whether management
signals any intent to raise the payout ratio itself, not just the per-share
amount.
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