12-21-2021, 04:32 PM
(12-21-2021, 12:00 PM)ken-do-nim Wrote: How about PRU for a mid-yielder? Not much price growth, but dividend raises have been $0.90 -> $1.00 -> $1.10 -> $1.15, P/E is at 5.55, and yield sits at 4.37%. It's the kind of stock I don't need in the accumulation phase, but plan to get tons of when I transition over to a drawdown portfolio.
Then there's LYB. Dividend raises have been $1.00 -> $1.05 -> $1.13, P/E is 5.18, and yield sits at 5.15%.
PRU is fine for a high yielder - I tend to consider anything with a yield of 4% or higher above the mid yield range, and I have plenty of those. I have looked at it before, it has a safe dividend (as rated by SSD). Like other companies, its most recent increase was below its 5 year average divvy increase, but we will see what they do in February.
LYB also looks interesting for another high yield stock. Its dividend is not rated as highly as PRU's, (borderline safe per SSD), but good dividend growth for that level of yield.
Good suggestions. My plate is kind of full now and now, 8 years into retirement, I only have my dividends to use for purchases.