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Investing Insights

What’s Surprising Some Retirees About Their Social Security Benefits?

Investing Insights

Morningstar, Ivanna Hampton, Sarah Hansen

Bonds, Stocks, Analysis, Advice, Trading, Funds, News, Investment, Morningstar, Entrepreneurship, Mutual, Ideas, Etfs, Finance, Investing, Business, Economic, Independent, Christine Benz

4.2539 Ratings

🗓️ 8 March 2024

⏱️ 12 minutes

🧾️ Download transcript

Summary

Also, Salesforce’s dividend plans and Snowflake’s outlook following its leadership change.

Transcript

Click on a timestamp to play from that location

0:00.0

Please stay tuned for important disclosure information at the conclusion of this episode.

0:06.0

Here's what's ahead on this week's Investing Insights.

0:09.2

Social Security taxes are surprising some retirees, how to figure out if you owe and what to do to avoid penalties.

0:17.2

Plus, Salesforce joins the dividend paying club.

0:20.7

When will the tech company pay his first dividend?

0:23.3

And what does Morningstar think about the stock?

0:25.9

This is Investing Insights.

0:31.9

Welcome to Investing Insights.

0:33.9

I'm your host, Ivana Hampton.

0:36.0

Let's get started with a look at the Morning Star headlines.

0:39.8

Salesforce will issue dividends for the first time ever. The cloud-based software company will pay a

0:46.5

quarterly dividend of 40 cents per share on April 11th. It also expanded its buyback program

0:52.7

by $10 billion.

0:55.1

Salesforce reported strong performance and a mixed outlook in its fiscal fourth quarter results.

1:01.5

Revenue grew 11% year-over-year to over $9 billion.

1:06.0

Software company Mulesoft, the data cloud, and solid execution from Salesforce drove the solid performance.

1:13.3

Professional services missed Morningstar's estimates while multi-cloud deals were strong.

1:19.6

Major restructuring from January 20203 at Salesforce is boosting margins.

1:24.6

However, Morningstar sees opportunity for margins to expand as artificial

1:30.6

intelligence grows. Sales Force ability to reduce unnecessary costs and raise prices will likely

1:37.8

help margin growth in the next few years. Morningstar is raising its estimate for what

1:43.7

Salesforce shares are worth to $300 from $265. The stock

...

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