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Madison Investments Portfolio Structure Provides Safe High Yield Returns

Madison Investments Portfolio Structure Provides Safe High Yield Returns February 4, 2021 Drew Justman, CFA, serves as a Portfolio Manager on Madison Investments’ covered call, dividend income and value strategies. He has been working in the financial services industry since 2001 and joined Madison in 2005. He earned his BBA in finance and economics and M.S. in finance from the University of Wisconsin-Madison, specializing in the Applied Security Analysis Program. Prior to joining Madison Investments, Mr. Justman worked at Merrill Lynch. In this 3,478 word interview, exclusively in the Wall Street Transcript, the Madison Investments Portfolio Manager details his firm’s investment philosophy and his personal top picks.

Budget 2021: A Non-event From A Personal Finance Standpoint

Budget 2021: A non-event from a personal finance standpoint While there were announcements on procedural improvements in the Budget, there are no new tax benefits February 03, 2021 / 11:01 AM IST Unlike every year’s budget, this edition had very few announcements on the aspects of individual taxation, as far as the investments are concerned. Let s take a look at the areas where it has an impact. No Change in Income Tax Slab Rates: Yes, there is no change in Income Tax Slab Rates from what they were last year. In terms of tax saving options, also, there is no change in the limits of 80C or other sections.

Paying advance tax on dividend income made easier, to help save late payment interest

The FM s budget proposal will bring payment of dividend tax on par with capital gain tax in terms of compliance which is paid only after realisation of the gain in the hands of the taxpayer. This will also save the unnecessary late fee and interest which taxpayers would have incurred thanks to late payment of advance tax due to failure to estimate dividend income.

American National Bankshares Reports Fourth Quarter and Full Year 2020 Earnings

American National Bankshares Reports Fourth Quarter and Full Year 2020 Earnings DANVILLE, Va., Jan. 21, 2021 (GLOBE NEWSWIRE) American National Bankshares Inc. (NASDAQ: AMNB) (“American National” or the “Company”) today reported fourth quarter 2020 earnings of $8.8 million, or $0.80 per diluted common share. Those results compare to $7.4 million, or $0.67 per diluted common share, during the same quarter in the prior year, and net income of $7.2 million, or $0.66 per diluted common share, recognized for the third quarter of 2020. Earnings for the twelve months ended December 31, 2020 were $30.0 million, or $2.73 per diluted common share, compared to $20.9 million, or $1.98 per diluted common share for the same period of 2019. Earnings for the twelve months ended December 31, 2019 were impacted by $11.8 million in merger related expenses.

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