February 2023 Stock Considerations

It has been a very, very long time since I made two or more separate tranches of buys in a single month but sometimes the market has a flash sale and adding more shares is just too tempting to pass up.

U.S. utilities are on a path to convert their power generation fleets to renewable energy. But are they worth your investment?

The stock market may be selling renewable energy stocks at a premium. Let’s discuss which utility stock you should invest in that is also a good financial investment.

Dividend-yielding ETFs (exchange-traded funds) have become the rage recently as tech stocks on the Nasdaq have plummeted, and people are seeking more income. So it is no surprise that people have been talking about dividend growth ETFs like SCHD and VIG.

Do I need Bonds in my portfolio? We are in a new Era of bonds, so I thought it was time to ask the question do I need bonds in my portfolio?

The GOAT of the industry. Vanguard. John Bogle. Bogleheads. The creator of the mutual fund and home of the best exchange traded funds out there.

I’ve been publishing the Zen Ten list each December since 2008. I pick my favorites and stick with them all year – no trading.

Long-term investing in dividend stocks provides the following 5 key benefits:

The beginning of every month is exciting for all dividend income investors as we look back at the previous month and see how much passive dividend income our portfolios generated. No doubt, these are the best posts to write and read online as it only provides further proof that dividend investing can work over time and that anyone can create an ever growing passive income stream.

With a new trading year already in full swing it is time, once again, to highlight some of my potential stock purchases. While the market had a nice bounce the last couple of months, there is still no shortage of stocks that are becoming fairly valued to undervalued.

Competition has heated more than ever in almost every sector. As a result, it has become challenging to identify the best buy-and-hold dividend stocks in 2023. However, some companies have a strong business model in place, and thus they enjoy a meaningful business moat. In addition, they have proved resilient to recessions.

Despite boasting 41 consecutive quarters of dividend increases and currently trading with a hefty yield of 6.4%, Cogent Communications is not making a splash with investors.

Enbridge Inc. (ENB) is a Canadian energy infrastructure company that offers a high dividend yield of more than 6% at current prices. While its valuation is not the lowest in the midstream space, the valuation is still reasonable and justified by Enbridge’s higher-than-average quality.

Leggett & Platt may not be a well-known name, but it is likely that millions of consumers come in contact with the company’s products every day. Despite being under the radar, Leggett has increased its dividend for 51 years in a row, meaning it is a Dividend King.

The last time The Bank of Nova Scotia (BNS) cut its dividend was back in 1942, in the midst of World War 2.

V.F. Corporation (VFC) has an exceptional dividend growth record, with 50 consecutive years of dividend growth.

Mining stocks don’t really have a reputation for consistently paying substantial dividends due to the industry’s cyclical nature.

Few companies in the specialty chemicals industry have a history of paying consistent dividends over a long period of time.

New York Community Bancorp (NYCB) is currently offering a very attractive dividend yield of 7.4% while it is also trading at a low forward price-to-earnings ratio of 7.4.

Antero Midstream (AM) is currently offering a very attractive dividend yield of 8.1% while it is also trading at a forward price-to-distributable cash flow ratio of 7.3.