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6 Top Dividend Stocks To Watch For Your Retirement Plan

Dividend stocks are a great tool to grow your portfolio before and during retirement.
The post 6 Top Dividend Stocks To Watch For Your Retirement Plan appeared first on Stock Market News, Quotes, Charts and Financial Information | StockMarket.com.

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Are These The Best Dividend Stocks To Help You Build Retirement Wealth?

There’s no question that we all need income to live on, and that’s where dividend stocks come into the picture. And the great news here is, you don’t need to have a lot of money to begin investing in the stock market. If you don’t believe me, just look at Warren Buffett. The Oracle of Omaha certainly didn’t start with a lot of money. 

Of course, if there’s one thing investors want, it’s top dividend stocks that can produce a steady income stream that can sustain them throughout their life. But that’s usually not quite possible unless you are investing in the millions. However, if you are looking to buy a dividend stock that could sustain your retirement life now, or if you are simply planning a few decades ahead, here are some of the best dividend stocks to buy in the stock market today.

Top Dividend Stocks For Your June Watchlist

Innovative Industrial Properties

First up, we have Innovative Industrial Properties Inc. (IIPR). Here, we are looking at a leading pick-and-shovel play on the U.S. marijuana industry. The real estate investment trust (REIT) focuses on the medical cannabis industry.

The REIT reported strong-first quarter 2021 results earlier in May. In it, revenue and operating income came in 103% and 125% higher respectively year-over-year.

Few companies are going to give you the kind of growth that IIPR offers. At the pace that the company is snapping up more properties and leasing them to the medical cannabis operators, don’t be surprised if IIPR could double its number of properties within the next five years. Sure, its dividend yield of around 2.9% isn’t exactly exciting. But that’s because IIPR stock price has skyrocketed at a faster pace, keeping its dividend yield from rising. 

[Read More] The 11 Sectors Of The Stock Market & Their Biggest ETFs

Realty Income

No list of top dividend stocks is complete without Realty Income. While several REITs pay monthly dividends, this company’s monthly payout is a crucial part of its identity. In fact, the company actually trademarked “The Monthly Dividend Company” as its official nickname. Look no further if you want a safe and consistent payout for your portfolio. The REIT even boasts on its homepage its 609 consecutive monthly dividends paid and 4.4% annualized dividend growth since 1994.

dividend stocks (O stock)

What’s making Realty Income a compelling investment is its portfolio of strong clientele. After all, it has top tenants like Walmart (NYSE: WMT) and Dollar General (NYSE: DG). And these tenants should continue to do well and bring in a stable revenue stream for the company.

Considering the fact that the economy is slowly reopening, Realty Income’s most affected tenants such as cinema operators and gyms should enjoy a nice recovery. Thus, would you add O stock to your portfolio?

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Lumen Technologies

If you’re looking for a company with a fat dividend yield, you might want to consider Lumen Technologies. Previously known as CenturyLink, Lumen Technologies is a telecommunications company that pays a big dividend yield. As it stands, the company has a dividend yield of more than 7%. The company has been struggling with its legacy internet landline services.

top dividend stocks (LUMN stock)

As a result, this has prompted Lumen to invest in high-performance fiber-optics networks. And the great news is that the new investment is generating strong cash flows. Following this momentum, there’s a chance that margins could significantly improve as the company continues its pivot to fiber and enterprise services.

Also, Lumen Technologies hosted an Analyst Day presentation, where it showcased exciting company developments to shareholders. From the presentation, the company highlighted partnerships with VMWare (NYSE: VMW), IBM Cloud (NYSE: IBM), and T-Mobile (NASDAQ: TMUS). Admittedly, no one can be sure what the future holds for the company with these strings of partnerships. But things certainly could play out well if Lumen hits off with one of these partners. If you believe that the company could bump up its revenue growth through these partnerships, would you include LUMN stock on your watchlist today?

Coca-Cola

Coca-Cola is a multinational beverage corporation that operates a franchised distribution system. Its products are sold in more than 200 countries and territories. Also, the company’s portfolio of brands includes Coca-Cola, Sprite, Dasani, and Minute Maid among others. Coca-Cola is also a dividend company that paid $7 billion to shareowners in 2020 alone.

best consumer stocks (KO stock)

The beverage giant is also Berkshire Hathaway’s (NYSE: BRK.A) longest-tenured holding. It also makes up a significant portion of Buffett’s annual dividend income. As it stands, Coca-Cola has a dividend yield of around 3%.

From its first-quarter report, net revenue came in 5% higher year-over-year to $9 billion. The company also posted an earnings per share of $0.52. Coca-Cola also ended the quarter with $1.4 billion in cash. In addition, it also cited that volume trends are steadily improving each month throughout the quarter. This would be driven by a recovery in markets where coronavirus-related uncertainty has abated. March volume for instance has already reached 2019 levels. With signs of improvement already beginning to surface, will you add KO stock into your portfolio?

[Read More] 5 Tech Stocks To Watch In June 2021

AbbVie 

Another top dividend-paying company to know now would be AbbVie Inc. In brief, AbbVie is a leading name in the field of biotech today. The research-based pharmaceutical company boasts a wide healthcare portfolio, tackling the world’s most prominent illnesses. According to AbbVie, more than 52 million patients in over 175 countries rely on its treatments annually. AbbVie’s dividend yield currently stands at around 4.7%.

best dividend stocks (ABBV stock)

From its first quarterly report, total revenue for the quarter came in 50.95% higher year-over-year, adding up to over $13 billion. This was followed by a sizable 18% bump in net income over the same time.

On top of that, AbbVie also ended the quarter with over $9.7 billion in cash on hand. The bullish thesis for the company is based on the prospects for several drugs under its belt. In particular, the company is counting on its autoimmune disease drugs for tremendous growth. With AbbVie seemingly firing on all cylinders, is ABBV stock worth investing in now?

[Read More] Best Cheap Stocks To Buy Now? 4 Consumer Discretionary Stocks In Focus

Chevron

Chevron Corporation is one of the leading integrated oil and gas companies in the United States. Many investors, including Warren Buffett, love CVX stock because it has a strong balance sheet and good growth prospects. After all, we are talking about a company with a history of 140 years. And more importantly, it has an attractive dividend yield of around 5%. Sure, oil and gas stocks ain’t exactly the best investment in the stock market right now. But the company is keeping up with the times through its initiatives in hydrogen to support the green economy.

top dividend stocks to watch (CVX stock)

Of course, fossil fuels will almost certainly be increasingly replaced by renewable energy sources over the long run. Such remarks appear to give the notion that the best days of the oil and gas industry are behind us. But what they didn’t know is, the next big energy transition can’t happen without fossil fuels.

Even the electric vehicle boom we see in the stock market today is dependent on fossil fuels. Why? Because nearly half of the materials are made up of plastics from the petrochemicals industry. Considering the importance of oil in the foreseeable future, would you say that CVX stock is still a good dividend stock to buy now?

The post 6 Top Dividend Stocks To Watch For Your Retirement Plan appeared first on Stock Market News, Quotes, Charts and Financial Information | StockMarket.com.

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Part 1: Current State of the Housing Market; Overview for mid-March 2024

Today, in the Calculated Risk Real Estate Newsletter: Part 1: Current State of the Housing Market; Overview for mid-March 2024
A brief excerpt: This 2-part overview for mid-March provides a snapshot of the current housing market.

I always like to star…

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Today, in the Calculated Risk Real Estate Newsletter: Part 1: Current State of the Housing Market; Overview for mid-March 2024

A brief excerpt:
This 2-part overview for mid-March provides a snapshot of the current housing market.

I always like to start with inventory, since inventory usually tells the tale!
...
Here is a graph of new listing from Realtor.com’s February 2024 Monthly Housing Market Trends Report showing new listings were up 11.3% year-over-year in February. This is still well below pre-pandemic levels. From Realtor.com:

However, providing a boost to overall inventory, sellers turned out in higher numbers this February as newly listed homes were 11.3% above last year’s levels. This marked the fourth month of increasing listing activity after a 17-month streak of decline.
Note the seasonality for new listings. December and January are seasonally the weakest months of the year for new listings, followed by February and November. New listings will be up year-over-year in 2024, but we will have to wait for the March and April data to see how close new listings are to normal levels.

There are always people that need to sell due to the so-called 3 D’s: Death, Divorce, and Disease. Also, in certain times, some homeowners will need to sell due to unemployment or excessive debt (neither is much of an issue right now).

And there are homeowners who want to sell for a number of reasons: upsizing (more babies), downsizing, moving for a new job, or moving to a nicer home or location (move-up buyers). It is some of the “want to sell” group that has been locked in with the golden handcuffs over the last couple of years, since it is financially difficult to move when your current mortgage rate is around 3%, and your new mortgage rate will be in the 6 1/2% to 7% range.

But time is a factor for this “want to sell” group, and eventually some of them will take the plunge. That is probably why we are seeing more new listings now.
There is much more in the article.

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RFK Jr. Reveals Vice President Contenders

RFK Jr. Reveals Vice President Contenders

Authored by Jeff Louderback via The Epoch Times,

New York Jets quarterback Aaron Rodgers and former…

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RFK Jr. Reveals Vice President Contenders

Authored by Jeff Louderback via The Epoch Times,

New York Jets quarterback Aaron Rodgers and former Minnesota governor and professional wrestler Jesse Ventura are among the potential running mates for independent presidential candidate Robert F. Kennedy Jr., the New York Times reported on March 12.

Citing “two people familiar with the discussions,” the New York Times wrote that Mr. Kennedy “recently approached” Mr. Rodgers and Mr. Ventura about the vice president’s role, “and both have welcomed the overtures.”

Mr. Kennedy has talked to Mr. Rodgers “pretty continuously” over the last month, according to the story. The candidate has kept in touch with Mr. Ventura since the former governor introduced him at a February voter rally in Tucson, Arizona.

Stefanie Spear, who is the campaign press secretary, told The Epoch Times on March 12 that “Mr. Kennedy did share with the New York Times that he’s considering Aaron Rodgers and Jesse Ventura as running mates along with others on a short list.”

Ms. Spear added that Mr. Kennedy will name his running mate in the upcoming weeks.

Former Democrat presidential candidates Andrew Yang and Tulsi Gabbard declined the opportunity to join Mr. Kennedy’s ticket, according to the New York Times.

Mr. Kennedy has also reportedly talked to Sen. Rand Paul (R-Ky.) about becoming his running mate.

Last week, Mr. Kennedy endorsed Mr. Paul to replace Sen. Mitch McConnell (R-Ky.) as the Senate Minority Leader after Mr. McConnell announced he would step down from the post at the end of the year.

CNN reported early on March 13 that Mr. Kennedy’s shortlist also includes motivational speaker Tony Robbins, Discovery Channel Host Mike Rowe, and civil rights attorney Tricia Lindsay. The Washington Post included the aforementioned names plus former Republican Massachusetts senator and U.S. Ambassador to New Zealand and Samoa, Scott Brown.

In April 2023, Mr. Kennedy entered the Democrat presidential primary to challenge President Joe Biden for the party’s 2024 nomination. Claiming that the Democrat National Committee was “rigging the primary” to stop candidates from opposing President Biden, Mr. Kennedy said last October that he would run as an independent.

This year, Mr. Kennedy’s campaign has shifted its focus to ballot access. He currently has qualified for the ballot as an independent in New Hampshire, Utah, and Nevada.

Mr. Kennedy also qualified for the ballot in Hawaii under the “We the People” party.

In January, Mr. Kennedy’s campaign said it had filed paperwork in six states to create a political party. The move was made to get his name on the ballots with fewer voter signatures than those states require for candidates not affiliated with a party.

The “We the People” party was established in five states: California, Delaware, Hawaii, Mississippi, and North Carolina. The “Texas Independent Party” was also formed.

A statement by Mr. Kennedy’s campaign reported that filing for political party status in the six states reduced the number of signatures required for him to gain ballot access by about 330,000.

Ballot access guidelines have created a sense of urgency to name a running mate. More than 20 states require independent and third-party candidates to have a vice presidential pick before collecting and submitting signatures.

Like Mr. Kennedy, Mr. Ventura is an outspoken critic of COVID-19 vaccine mandates and safety.

Mr. Ventura, 72, gained acclaim in the 1970s and 1980s as a professional wrestler known as Jesse “the Body” Ventura. He appeared in movies and television shows before entering the Minnesota gubernatorial race as a Reform Party headliner. He was a longshot candidate but prevailed and served one term.

Former pro wrestler Jesse Ventura in Washington on Oct. 4, 2013. (Brendan Smialowski/AFP via Getty Images)

In an interview on a YouTube podcast last December, Mr. Ventura was asked if he would accept an offer to run on Mr. Kennedy’s ticket.

“I would give it serious consideration. I won’t tell you yes or no. It will depend on my personal life. Would I want to commit myself at 72 for one year of hell (campaigning) and then four years (in office)?” Mr. Ventura said with a grin.

Mr. Rodgers, who spent his entire career as a quarterback for the Green Bay Packers before joining the New York Jets last season, remains under contract with the Jets. He has not publicly commented about joining Mr. Kennedy’s ticket, but the four-time NFL MVP endorsed him earlier this year and has stumped for him on podcasts.

The 40-year-old Rodgers is still under contract with the Jets after tearing his Achilles tendon in the 2023 season opener and being sidelined the rest of the year. The Jets are owned by Woody Johnson, a prominent donor to former President Donald Trump who served as U.S. Ambassador to Britain under President Trump.

Since the COVID-19 vaccine was introduced, Mr. Rodgers has been outspoken about health issues that can result from taking the shot. He told podcaster Joe Rogan that he has lost friends and sponsorship deals because of his decision not to get vaccinated.

Quarterback Aaron Rodgers of the New York Jets talks to reporters after training camp at Atlantic Health Jets Training Center in Florham Park, N.J., on July 26, 2023. (Rich Schultz/Getty Images)

Earlier this year, Mr. Rodgers challenged Kansas City Chiefs tight end Travis Kelce and Dr. Anthony Fauci to a debate.

Mr. Rodgers referred to Mr. Kelce, who signed an endorsement deal with vaccine manufacturer Pfizer, as “Mr. Pfizer.”

Dr. Fauci served as director of the National Institute of Allergy and Infectious Diseases from 1984 to 2022 and was chief medical adviser to the president from 2021 to 2022.

When Mr. Kennedy announces his running mate, it will mark another challenge met to help gain ballot access.

“In some states, the signature gathering window is not open. New York is one of those and is one of the most difficult with ballot access requirements,” Ms. Spear told The Epoch Times.

“We need our VP pick and our electors, and we have to gather 45,000 valid signatures. That means we will collect 72,000 since we have a 60 percent buffer in every state,” she added.

The window for gathering signatures in New York opens on April 16 and closes on May 28, Ms. Spear noted.

“Mississippi, North Carolina, and Oklahoma are the next three states we will most likely check off our list,” Ms. Spear added. “We are confident that Mr. Kennedy will be on the ballot in all 50 states and the District of Columbia. We have a strategist, petitioners, attorneys, and the overall momentum of the campaign.”

Tyler Durden Wed, 03/13/2024 - 15:45

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Pharma industry reputation remains steady at a ‘new normal’ after Covid, Harris Poll finds

The pharma industry is hanging on to reputation gains notched during the Covid-19 pandemic. Positive perception of the pharma industry is steady at 45%…

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The pharma industry is hanging on to reputation gains notched during the Covid-19 pandemic. Positive perception of the pharma industry is steady at 45% of US respondents in 2023, according to the latest Harris Poll data. That’s exactly the same as the previous year.

Pharma’s highest point was in February 2021 — as Covid vaccines began to roll out — with a 62% positive US perception, and helping the industry land at an average 55% positive sentiment at the end of the year in Harris’ 2021 annual assessment of industries. The pharma industry’s reputation hit its most recent low at 32% in 2019, but it had hovered around 30% for more than a decade prior.

Rob Jekielek

“Pharma has sustained a lot of the gains, now basically one and half times higher than pre-Covid,” said Harris Poll managing director Rob Jekielek. “There is a question mark around how sustained it will be, but right now it feels like a new normal.”

The Harris survey spans 11 global markets and covers 13 industries. Pharma perception is even better abroad, with an average 58% of respondents notching favorable sentiments in 2023, just a slight slip from 60% in each of the two previous years.

Pharma’s solid global reputation puts it in the middle of the pack among international industries, ranking higher than government at 37% positive, insurance at 48%, financial services at 51% and health insurance at 52%. Pharma ranks just behind automotive (62%), manufacturing (63%) and consumer products (63%), although it lags behind leading industries like tech at 75% positive in the first spot, followed by grocery at 67%.

The bright spotlight on the pharma industry during Covid vaccine and drug development boosted its reputation, but Jekielek said there’s maybe an argument to be made that pharma is continuing to develop innovative drugs outside that spotlight.

“When you look at pharma reputation during Covid, you have clear sense of a very dynamic industry working very quickly and getting therapies and products to market. If you’re looking at things happening now, you could argue that pharma still probably doesn’t get enough credit for its advances, for example, in oncology treatments,” he said.

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