Tag: Dividends
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September 2024 Portfolio Recap
September was an eventful month for Chasing the Yield. My annual income increased by $80, thanks to dividend boosts from Microsoft (MSFT) (up 11%), New Jersey Resources (NJR) (up 7.1%), and five other holdings. While there were no upgrades or downgrades in dividend safety, I closed our position in Oaktree Specialty Lending (OCSL) and used…
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Dow Drops 2,000 Points? Yawn. Why My Dividend Income Strategy Has Me Sleeping Soundly
Over the last five days, the Dow Jones Industrial Average dropped about 2,000 points, approximately a 2.6% decline. This is a significant drop. If you have an investing system or plan, these are the times that will test your resolve. This is why my system is dividend income investing. In dividend income investing, you’re not…
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September 2023 Recap
My annual income increased $25 as a result of dividend increases from Microsoft (+10%), NJR (+7.7%), and 5 other holdings. Meanwhile, there were changes to the Dividend Safety Scores of W. P. Carey, Smucker, and Walgreens. W.P. Carey Surprises With Plan to Exit All Office Properties; Dividend Could Be Reduced by Around 20%. Downgraded to…
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August 2023 recap
UGI Mulls Separating Propane Business to Unlock Value, Potentially Causing Jump in Payout Ratio Dominion’s Strategic Review Nears End; Firm Remains Committed to Dividend Despite Rising Payout Ratio Labor Inflation and Higher-for-Longer Interest Rates Delay Healthcare Realty’s Payout Ratio Improvement Softening Furniture Demand Slows Leggett & Platt’s Deleveraging; Free Cash Flow Still Covers Dividend Value…
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Dividend Safe as Dominion Energy Wraps Up Strategic Review; Payout Ratio Above Target
Dominion Energy has been in the energy business since 1898. It’s one of the biggest utility companies in the U.S. and serves about 7 million customers in Virginia, the Carolinas, Ohio, and Utah electricity and gas. Dominion has steady and predictable income because it is regulated utility. Regulated utilities are like monopolies that are controlled…
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3 things I wish I knew in my 20s
I’m old. 56 to be exact. I didn’t start investing my money until I was in my mid 40s. And then I didn’t know much about what I wanted to do. I never learned anything about money from my parents and the only courses I took in school were accounting and economics. There was nothing…