11-25-2020, 07:36 AM
(11-24-2020, 06:27 PM)fenders53 Wrote:(11-24-2020, 03:31 PM)ken-do-nim Wrote:UTEs are great examples. When the day comes to buy, do a screen and look at the candidates in the desired yield range. Then look at the past and projected growth rates. If DUK for example was yielding .25% less and growing their utility business 2% faster for the next few years, that's a very easy decision for me. There is a high probability I'll have 10%+ more capital in the faster grower in only a few years. You usually have several choices.(11-20-2020, 03:34 AM)crimsonghost747 Wrote: JNJ - this is pretty much my default for an example into dividend & dividend growth investing. And it's a very, very common name in DGI portfolios.
I owned JNJ for many years. It was my favorite stock in the portfolio I ended up surrendering in the divorce. Hopefully I'll get it back sometime. But the dividend is only 2.76%, which is better than bank interest but perhaps not the best choice for someone who is looking for supplemental income.
ED - excellent! 3.94%, and it's held its value well. I'll have to pick this up when I have money again
Sorry what does UTE stand for? I'm guessing the E is for Energy. DUK looks like another good one!
I expect to be able to resume building my portfolio again in April 2021, so I'll start being more active here then. I had the simultaneous blows of a tree falling in my yard and car repairs last month, which set me back 6 grand, plus I have to provide a higher than normal end of year child support payment to the ex.