One of the upsides of having to suspend my contract with The Motley Fool is that I don’t look at my own portfolio as much as I used to. It’s an upside because every once in awhile, I find myself with more cash than I expected to have.
Today was just such a day. I got home from work and logged into my brokerage account to “true up” any recent dividend payments that I may have recently received into my tracking software. Imagine my surprise to find far more cash in my portfolio than I had originally anticipated.
This is welcome news, as I’ve been watching the market fall in recent weeks and trying to figure out ways to raise cash to invest. With my income down from suspending my Fool contracts, that’s harder to do than it used to be.
Now that I have a bit of cash from the acquisition, it’s a decent time to go hunting to see if the market’s decline has turned any dividend growth companies into clear bargains as well.
Any suggestions from this board would be appreciated! I won’t take them as financial advice, but rather as suggestions to go investigate further…
Verizon, solid dividend, Mostly not-impacted by tariff, carriers lose money on hardware, so if customers hold on to their phone and delay upgrade it is upside, in recession cell phone is a utility like electricity, so you don’t cancel that and if $AAPL is going to have a super-cycle of upgrade, then obviously $VZ is going to be part of it, 6.15% dividend yield, Sell a $50 covered call to juice the return further…
Separately I like $WY, because it is an asset play… you are buying 1 acre of forest for $1500, Not impacted by tariff, they can sit tight for a year or two and their inventory will only grow in value.. 3.25% dividend yield, I prefer to buy bit lower than today’s price, but solid place to hide your cash.
I recently dropped SWK because of their China connection, yld 5.82% with 58 consec increases. I am looking for a break in China or movement of manufacturing to consider adding it back in.
I did not include our largest position, Realty Income (O) with a 5.56% yld and 30 consec years of increases.
Actually, it normally increases every quarter, not once per year.
Actually, it sometimes increases within a quarter also like they did in March this year.
Since going public in 1994, the May 15th dividend will be the 658th monthly dividend.
The April 15th dividend was the 130th dividend increase since 1994 or 4.2 increases average per year.
It currently is trading in the middle of its 52 week range. When rates finally relax, it will climb again.
Dividend Info for: O - Realty Income Corp
Notice Date 04/08/2025 Last Increase 04/15/2025 Div Period M
Consec Incr. 30 Div Incr. Cnt 130
Ex-Div: 05/01/2025Record: 05/01/2025Payable: 05/15/2025
Jan Feb Mar Apr May Jun
0.2640 0.2640 0.2680 0.2685 0.2685 0.2625
Jul Aug Sep Oct Nov Dec
0.2630 0.2630 0.2630 0.2635 0.2635 0.2635
Price: $57.96 Yield: 5.56%Annual Dividend: $3.22
$VZ reported results today, while the results beat the guidance, still the stock is down because they lost subscribers more than expected… Still this is a solid dividend play for medium term
