The last month has been unlike anything I have experienced as a dividend investor. I primarily started investing in 2011 and 2012, well after the the market calmed down after the financial crisis. There have been blips since then (Oil prices collapsing in 2016, for example), but nothing close to the magnitude of what we are experiencing now. It is most important that we all remain healthy. But after that, my family and I are trying to make the right financial and investment decisions. Because after all, as we are unfortunately seeing, you cannot predict what tomorrow will bring. So today, I spent some time researching dividend growth stocks and built my April dividend stock watch list.
The Coronavirus has dominated everything lately. The news, the stock market, workplaces, families, life events, LIVES, you name it.
Let’s stay positive and think about all of the GOOD things we have and can control. We realize now, more than ever, how little we need to be happy and have a life w can thrive in. We remember those that we truly love. There are many positives we can take from this. I have also been very thankful that dividend income continues to roll in, day in and day out. Let’s take a moment and take a look at the dividend income results for March.
Hopefully your stomach has been able to endure the extreme volatility, as of late. We have literally seen 10%+/- swings on any given day recently. If there is time to stick to your sound dividend research and investment strategies, it is now. Let’s buckle up and read Lanny’s Dividend Stock Watch List – April Edition.
My oh my. What a difference a month makes. In last month’s article, we discussed how dividend growth slowed and there may be an economic slowdown. This month, it is a completely different story. The coronavirus, COVID-19, pandemic has spread and the economic impact has been unlike anything I have ever seen. The impact on individuals, small business and corporations is changing on a daily basis. For many companies, they are rethinking their 2020 strategic visions and changing their dividends & capital strategies on the fly. It will be tough to predict the expected dividend increases in 2020; however, we will highlight the companies that have historically announced dividend increases in April.
The market’s volatility has been insane as of late, due to the health & economic impact from the Coronavirus. If you see the chart below – your stomach definitely has to be feeling the highs and lows that each day brings. One day you can be down 9.51% (like on the 12th) and the very next day, up 9.29%, followed by being down 11.98%.
This is what we are in for, over the next few months, I believe. The question is – what do you invest in? What are the dividend stocks in the stock market that can weather through the Coronavirus storm? We took time to think about the industries that are doing well during the global pandemic we are going through. Continue reading
We are always on the prowl for an undervalued, dividend growth stock in the community banking sector. The two of us love banks and enjoy diving into their financial statements to uncover these gems. In today’s dividend stock analysis, we will review a $1b bank headquartered in Monroeville, PA: Standard AVB Financial Corp, STND.
The Occidental Petroleum dividend cut is fresh on my mind. Trust me, the wounds are deep and still open. Sadly, this was not the first time that a major, oil company in my portfolio slashed their dividend in an attempt to clean up their balance sheet. Who could forget Kinder Morgan’s infamous cut in 2015?? There was one underlying theme in both of these dividend cuts: Debt. Both companies had amassed large debt balances; debt balances that eventually became too much to handle in a time of crisis. Large debt balances are not exclusive to oil companies, sadly. Thus today, in the midst of the turbulent market and COVID-19 pandemic, I wanted to talk a little more about debt and then identify dividend stocks with low debt balances. Hopefully, this will help us find some great, undervalued Dividend Aristocrats with low debt balances to invest in!