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!
Yes, you’ve read the title correctly. I am on the hunt for bullet-proof dividend stock investments that will stand strong during and after the pandemic, i.e. the Coronavirus/COVID-19.
The Coronavirus (COVID-19) is taking over. OPEC and Russia cannot agree on oil supply and, in effect, the prices are tumbling on the price per barrel of oil. Over the last month, stocks are down over 20%+ and we are now entering a bear market.
However, what really hasn’t slowed down? First, dividends. Dividends continue to roll and pour in. Second, this community. The community continues to rally and support each other, as well as are still setting milestones, each and every month.
Here is the February 2020 installment of the Dividend Income from YOU the Bloggers series. Let’s stay positive and motivated!