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
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.
Now that the first month of 2020 is almost over, it’s time to really start thinking and working on taxes. I am sure many of us are gathering tax-related documents for 2019, as well as (should be) planning for 2020 taxes. Documents that will pour in are 1098-INT, 1099-INT and… 1099-DIV for dividends received. Today’s investing topic is about bringing awareness to Dividends and Taxes!
We have a fantastic guest blogger – Jane Koval! Jane Koval is a freelance writer. Her interests range from the latest e-Commerce trends to traditional folk culture and adventurous traveling. She always stays open to new ideas and expertise to make her writings handy and captivating for the readers. In addition – she has been great to work with and her writing is detailed with great sources for her information. What better topic then about Dividend Investing? Here she talks about why you may want to try Dividend Investing in Canada! Continue reading