Flick through these three Dow Jones stocks in February

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 Flick through these three Dow Jones stocks in February
Image source: © Reckoning Megapixl.com

Highlights:

  • S&P Global posted a revenue of US$ 2,861 million in Q3 2022.
  • American Express posted net income of US$ 1,879 million in Q3 2022.
  • Chevron Corporation has a dividend yield of 3.173 per cent.

The Dow Jones has 30 blue-chip companies, the performances of which are often considered a barometer of the US stock market. Initially, it had only industrial companies, but now it has a range of companies from various industries.

In this article, let us look at three Dow Jones stocks and analyze how they have fared recently:

S&P Global Inc. (NYSE: SPGI)

S&P Global helps capital and commodity market participants with data and other benchmarks. The company has a three-year dividend growth of 13.19. The company's EPS is 11.96 and has a P/E ratio of 30.4.

S&P Global posted revenue of US$ 2,861 million in the third quarter of FY2022 compared to US$ 2,087 million in Q3 FY21.

However, the net income of the company fell to US$ 678 million compared to US$ 861 million.

The total assets of S&P Global in the three months that ended on September 30, 2022, were US$ 61,813 million versus US$ 15,026 million in the three months that ended December 31, 2021. The company paid a quarterly dividend of US$ 0.85 per share. SPGI stock returned 7.82 per cent YTD.

S&P Global Q3 revenue and net incomeSource: ©2023 Krish Capital Pty. Ltd; © Canva Creative Studio via Canva.com

American Express Company (NYSE: AXP)

American Express operates in 130 countries providing consumer and business charge credit payment products. The credit card behemoth has a dividend yield of 1.416 per cent and a quarterly dividend of US$ 0.52 per share.

In the three months that ended on September 30, 2022, the net income of American Express was reported at US$ 1,879 million compared to US$ 1,826 million in the same comparative period in 2021.

The diluted earnings per common share in Q3 2022 was US$ 2.47 compared to US$ 2.27 in the year-ago quarter. The AXP stock rose 3.13 per cent over the past month.

Chevron Corporation (NYSE: CVX)

Chevron is an energy company engaged in exploration, production, and refining operations across the globe.

The company has an EPS of 17.58 and a P/E ratio of 10.20. With a dividend yield of 3.173 per cent, it paid a dividend of US$ 1.42 per share on a quarterly basis.

The total earnings of Chevron in the third quarter of 2022 were US$ 11,231 million compared to US$ 6,111 million in the same quarter in 2021.

The sales and operating revenue of the company in Q3 2022 were US$ 63,508 million versus US$ 42,552 million in the corresponding quarter in 2021. The CVX stock rose 38.86 per cent YoY.

Bottom line

The volatility in the stock market has forced investors to run for cover. However, there are ways to protect your investment during a bearish market. Plan for the long term and diversify your portfolio when there is instability in the market.

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