4 Expected Dividend Increases in June 2023

Buckle up, this is going to be a wild month. No, we aren’t talking about the Debt Ceiling negotiations. We aren’t talking about inflation, interest rates or a recession either. Instead, we are talking about DIVIDEND INCREASES! We have found 4 companies that are expected to announced dividend increases in June.  In this article, we will share the four expected dividend increases and some metrics about each of the companies. Plus, we share our expectations as well!

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No Penalty CD – Treating it Like a High Yield Savings!

Interest rates are high, should remain high and even have a chance of going up, as the Federal Reserve tries to tame inflation still.  Jerome Powell has done a number on the economy already ,raising rates 500 basis points in the last 14-15 months.

Rising interest rates has caused high yield savings accounts to sky-rocket, as you can earn anywhere from 3.85% up to 4.85%, fairly easily.

In addition, it isn’t just high yield savings accounts that are going up, so have certificate of deposits or CDs.  Yes, the most boring product, ever.  Well, almost as boring as U.S. treasuries.  What no one is talking about is the NO PENALTY CD.  I am here to tell you why I think it offers the BEST of BOTH worlds and why I use the No Penalty CD option right now. Continue reading

Banking Crisis – Factors to Look for in a Bank Stock

Time to crank out an article, reflecting on the Banking Crisis that has now plagued the US and Global economy for the last 2-3 months.

We have had now, officially, 4 U.S. Bank failures with First Republic, Silicon Valley, Silvergate and Signature Bank.  The most recent bank failure being First Republic.

Time to go over a few reasons why they failed AND what to look for when purchasing a bank stock! Continue reading

Thoughts on When to Sell a Dividend Stock…!

I know, this is taboo.  We don’t buy to sell!  We don’t buy stocks to look for a selling point as dividend investors do we?  Our holding period is for LIFE!

9 times out of 10, or even more, that is definitely the case.

However, as you become more experienced and learn from investing mistakes, I believe that there are IN FACT times when you should sell a dividend stock.

Now, that specific thought or strategy is where “personal finance” comes in to play, as it really comes down to YOU, the investor.  It comes down to when YOU see that a stock you own, no longer fits your dividend investing strategy.  Here are my thoughts. Continue reading

Leggett & Platt: A Beaten Down Dividend King

This Dividend King has had a rough 52 weeks. Over the last 52 weeks, Leggett & Platt (LEG) is down 15% of the last 52 weeks and down 23% over the last 5 years.  They may be down, but are they out?! The company is a King for a reason after all. In this article, we will review Leggett & Platt to determine if this Dividend King is a stock to buy! After all, I already own 176 shares. I need to see if it is time to add to my position!

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