Dividend stocks that don't suck as a business Dividend stocks that don't suck as a business - Talk of The Villages Florida

Dividend stocks that don't suck as a business

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Old 02-21-2022, 05:21 PM
triflex triflex is offline
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Default Dividend stocks that don't suck as a business

I'd love to know what companies are paying a high dividend that are not, in fact, just a poor business with little to offer but the dividend.

Banks pay almost nothing for your dollar deposit. Where is anyone supposed to get yield these days?

Maybe the dollar is close to worthless as it is because it pays nothing as a deposit. Seems to me just better off finding high quality equities. Berkshire Hathaway is the most stable amongst the high quality equities per Value Line.
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Old 02-21-2022, 05:47 PM
Stu from NYC Stu from NYC is offline
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Why not read a financial publication like Kiplingers
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Old 02-21-2022, 06:31 PM
valuemkt valuemkt is offline
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certainly depends on your definition of high dividend .. Like oils ? XOM, EPD, ET, ENB, VLO and others pay nice dividends
Like a sin stock ? Altria (MO) sports a good one.. Tons of others in the 4-6% range.. Do some homework and pick five or ten in different industries.. Look for ones that have increased their dividend for 20 or 25 years .. that will answer your other question
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Old 02-21-2022, 08:11 PM
Decadeofdave Decadeofdave is offline
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Rpm
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Old 02-21-2022, 09:19 PM
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Southern Company (SO)
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Old 02-21-2022, 10:01 PM
triflex triflex is offline
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Southern Co: High P/E, Diminishing yield

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Southern Company (SO)
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Old 02-21-2022, 10:20 PM
keepsake keepsake is offline
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It seems on SO

The recent price drop seems due to dividend payout. Dropped from 69ish to 63ish.
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Old 02-21-2022, 10:46 PM
CoachKandSportsguy CoachKandSportsguy is offline
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SO dropped on the news of the nuclear power plant delays and the increased costs.

For dividends, i would go with a diversified dividend income fund. . not picking individual stocks,
as managing the portfolio is not always a set it and forget it as its more about buying low and
preventing individual losses.

$SPHD $SPYD

this page also has a good listing of potential investments

Dividend ETFs | Seeking Alpha

i would look towards the bottom section
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Old 02-22-2022, 05:56 AM
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CosmicTrucker CosmicTrucker is offline
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Ups
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Old 02-22-2022, 06:02 AM
Blackbird45 Blackbird45 is offline
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If you're interested in dividend and your invested in a utility like SO or Con Ed, fluctuation in stock prices shouldn't matter. Stock prices will go up and down daily. My belief with the advance of EVs, electric utility stocks will start to climb.
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Old 02-22-2022, 06:04 AM
Two Bills Two Bills is offline
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After yesterdays news of Russian moves, and stock markets dropping, it may be wise to sit tight with the cash for a while.
Oil price is going to get very lively!
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Old 02-22-2022, 06:16 AM
thevillages2013 thevillages2013 is offline
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XOM but buy it about a year ago
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Old 02-22-2022, 06:44 AM
Catalina36 Catalina36 is offline
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Quote:
Originally Posted by triflex View Post
I'd love to know what companies are paying a high dividend that are not, in fact, just a poor business with little to offer but the dividend.

Banks pay almost nothing for your dollar deposit. Where is anyone supposed to get yield these days?

Maybe the dollar is close to worthless as it is because it pays nothing as a deposit. Seems to me just better off finding high quality equities. Berkshire Hathaway is the most stable amongst the high quality equities per Value Line.
I have been investing about 25% of money in
Invesco Value Municipal Income Trust Municipal Bond Fund, symbol IIM, you can purchase using any Brokerage Account. Trades like a stock so you can sell any time on any trading day if you need cash. Pays a monthly dividend every 1st of the month, Annual dividend around 4.8%. The Best Part it is totally Federal Tax Free and if you are a Florida resident that means there is no state income tax either. I have been following this fund for approximately 5 years. The price does fluctuate up and down, last price quote was $15.12 a share, but the dividend is there each and every month. Now is a good time to purchase with the market prices are down. I don't portray myself as a financial advisor but in my opinion, this is relatively a safe investment.
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Old 02-22-2022, 06:46 AM
midiwiz midiwiz is offline
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Quote:
Originally Posted by triflex View Post
I'd love to know what companies are paying a high dividend that are not, in fact, just a poor business with little to offer but the dividend.

Banks pay almost nothing for your dollar deposit. Where is anyone supposed to get yield these days?

Maybe the dollar is close to worthless as it is because it pays nothing as a deposit. Seems to me just better off finding high quality equities. Berkshire Hathaway is the most stable amongst the high quality equities per Value Line.
I really think that's a question for an investment company, or online search in something like ameritrade, etc. Not something on TOTV, unless you want to generate tons of chatter that goes nowhere.
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Old 02-22-2022, 07:21 AM
spinner1001 spinner1001 is offline
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Quote:
Originally Posted by triflex View Post
I'd love to know what companies are paying a high dividend that are not, in fact, just a poor business with little to offer but the dividend.
In finance jargon, focus on *value* stocks with higher dividend *yields* in *quality* companies to narrow your choices.

And I agree with the comment about a mutual fund (an ETF can work, too) rather than stock picking yourself because of diversification benefits and stock pickers generally underperform over the long run.
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