About Cabling Installation & Maintenance

Our mission: Bringing practical business and technical intelligence to today's structured cabling professionals

For more than 30 years, Cabling Installation & Maintenance has provided useful, practical information to professionals responsible for the specification, design, installation and management of structured cabling systems serving enterprise, data center and other environments. These professionals are challenged to stay informed of constantly evolving standards, system-design and installation approaches, product and system capabilities, technologies, as well as applications that rely on high-performance structured cabling systems. Our editors synthesize these complex issues into multiple information products. This portfolio of information products provides concrete detail that improves the efficiency of day-to-day operations, and equips cabling professionals with the perspective that enables strategic planning for networks’ optimum long-term performance.

Throughout our annual magazine, weekly email newsletters and 24/7/365 website, Cabling Installation & Maintenance digs into the essential topics our audience focuses on.

  • Design, Installation and Testing: We explain the bottom-up design of cabling systems, from case histories of actual projects to solutions for specific problems or aspects of the design process. We also look at specific installations using a case-history approach to highlight challenging problems, solutions and unique features. Additionally, we examine evolving test-and-measurement technologies and techniques designed to address the standards-governed and practical-use performance requirements of cabling systems.
  • Technology: We evaluate product innovations and technology trends as they impact a particular product class through interviews with manufacturers, installers and users, as well as contributed articles from subject-matter experts.
  • Data Center: Cabling Installation & Maintenance takes an in-depth look at design and installation workmanship issues as well as the unique technology being deployed specifically for data centers.
  • Physical Security: Focusing on the areas in which security and IT—and the infrastructure for both—interlock and overlap, we pay specific attention to Internet Protocol’s influence over the development of security applications.
  • Standards: Tracking the activities of North American and international standards-making organizations, we provide updates on specifications that are in-progress, looking forward to how they will affect cabling-system design and installation. We also produce articles explaining the practical aspects of designing and installing cabling systems in accordance with the specifications of established standards.

Cabling Installation & Maintenance is published by Endeavor Business Media, a division of EndeavorB2B.

Contact Cabling Installation & Maintenance

Editorial

Patrick McLaughlin

Serena Aburahma

Advertising and Sponsorship Sales

Peter Fretty - Vice President, Market Leader

Tim Carli - Business Development Manager

Brayden Hudspeth - Sales Development Representative

Subscriptions and Memberships

Subscribe to our newsletters and manage your subscriptions

Feedback/Problems

Send a message to our general in-box

 

2 Industrial Strength Dividend Stocks Melting Up

Dividends stocks to watch

Industrial stocks have been struggling to gain traction in 2023, but news from PPG Industries (NYSE: PPG) and CSX (NYSE: CSX) has these stocks melting-up. The combination of underlying business strength and internal efficiencies resulted in better-than-expected earnings reports that point to company profits and investors' capital returns. While neither of these stocks is “high yield,” they come with reliable yields and an expectation for growth. On the one hand, we have a Dividend King with 50 years of annual increases to back that up and, on the other, a near-Dividend Aristocrat with plenty of fuel to reach that goal and continue increasing for many years.

PPG Industries Mixed Quarter A Robust Performance 

PPG Industries reported a mixed quarter, but only concerning the analysts' estimates. The company reported a record $4.8 billion in revenue, up 1.6% compared to last year. It is less than the analysts were expecting but only missed by $0.01 billion and is offset by “accelerating margin expansion.” Revenue was driven by gains in both operating segments underpinned by pricing actions. Pricing actions helped to widen the gross and operating margin, the operating margin by 380 basis points and increasing YOY cash flow by about $400 million. On the bottom line, the $1.82 adjusted EPS beat the Marketbeat.com consensus by $0.27 or 1750 basis points better than expected, mitigating the top-line “weakness.” 

The quarterly strength also led to an increase in guidance. The company raised its outlook for earnings to a range with the mid-point well above the analysts' consensus. This should lead to analysts' upgrades and price target increases, and 1 has already shown up on Marketbeat’s tracking pages. That is a price target increase to $133 from Credit Suisse, below the consensus target. The takeaway is that sentiment is firm and should support the price action as it moves higher. 

“Our strong earnings growth was across most business units and was aided by higher incremental margins that were driven by higher selling prices, improving manufacturing efficiencies and overall cost discipline. These factors also resulted in record first quarter operating earnings in our Europe, Middle East and Africa (EMEA) region.,” said CEO Tim Knavish. 

The dividend yields about 1.75% and is safer than most Dividend King payouts which is saying something. The payout ratio is only 40% of the EPS outlook, which is too low. That’s coupled with a sound balance sheet and widening margins, so the 7% distribution CAGR can also be expected to continue. 

PPG Stock Chart

CSX Rides The Rails To Profits 

CSX is riding the rails of internal improvement and market conditions to grow the business and widen its margin. The company reported $3.71 billion in quarterly revenue for Q1, which is up 8.8% compared to last year and beat the consensus by 360 basis points. Increased merchandise and coal shipments, fuel surcharges, and pricing gains drove the strength. The pricing gains combined with volume strength to leverage the margin and grow the operating income by 14% compared to the 8.8% top-line growth. This led to $0.48 in adjusted earnings which is up 23% YOY and helping the company deliver capital returns to investors. 

The CSX dividend is about 1.45% in yield, with shares trading near $31.50, and the payout ratio is only 20% of the new earnings outlook. That leaves ample room on the books to continue raising the dividend at the current 8.5% CAGR and get it into Dividend Aristocrat territory. The chart shows solid support at the $28.50 level, and the market is moving up from that level now. Assuming the market follows through on this signal, it could return to an all-time high and possibly break out to new highs. 
CSX stock chart

More News

View More

Recent Quotes

View More
Symbol Price Change (%)
AMZN  213.04
-1.43 (-0.67%)
AAPL  252.29
+4.84 (1.96%)
AMD  233.08
-1.48 (-0.63%)
BAC  51.28
+0.84 (1.67%)
GOOG  253.79
+1.91 (0.76%)
META  716.91
+4.84 (0.68%)
MSFT  513.58
+1.97 (0.39%)
NVDA  183.16
+1.35 (0.74%)
ORCL  291.31
-21.69 (-6.93%)
TSLA  439.31
+10.56 (2.46%)
Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the Privacy Policy and Terms Of Service.