A quick turnaround for this next ‘Article of Interest’ post. We’ve now reached the lucky 7th post in this series, with the last one appearing less than 2 weeks ago. Once again, it’s an article from MarketWatch.
To recap the intent of this… every now and then, when perusing investing or personal finance articles across the Internet, I come across what I call an ‘Article of Interest’, or ‘A of I’ for short.
I decided it might be helpful to share a link to the article in case some of my visitors would find it of interest as well.
In most cases, the article will focus on dividend-paying stocks or dividend growth investing (DGI). However, other finance-related topics might be highlighted, too.
Now that we are up-to-speed, let’s see what this A of I is about…
Link Overview
Today’s link provides a list of over a couple dozen dividend-paying companies for your investing consideration. As many investors are finding out in this turbulent market, all dividend-paying companies are not built on foundations solid enough to continue paying those dividends. So, the author consulted various “dividend experts” to get some “safe” dividend investing ideas that can work in today’s market. Of course, one person’s idea of safe can be different from another’s, so as always, do your own research.
The stocks are presented in a few different groups, with a couple of stocks popping up in two groups each. Also, in some cases, a few metrics for decision-making came with the recommendations. Finally, the list contains both U.S. companies and a few international ones as well.
Looking over the list, I found that I own 6 of the companies in my Portfolio (BLK, SBUX, CAT, PG, JNJ & EMN).
Did you find any of the listed companies in your portfolio? Are there any companies on the list that you think don’t have a safe dividend, and thus shouldn’t be listed?
As a bonus, check out another link at the bottom of the article, which directs you to a list (from early April) of 60 U.S. companies that are ‘susceptible to a dividend cut’, according to analyst firm Jefferies. I have 6 companies from this list in my Portfolio, too.
I hope you find the article useful and/or enjoyable. As always, please share your thoughts once you’ve had a chance to read the material.
See you next time…
We own the following in our portfolio: BMO, BNS, MCD, SBUX, JNJ, PG, VZ, and TGT. Own BLK in our kids’ dividend portfolio as well. It’s a great list of dividend stocks that the article mentioned.
About 30% coverage from the list (not counting BLK for the kids)… that’s a healthy amount.
I thought the ‘safe’ list was good, too. Did you happen to own any stocks from the other article… the ones ‘susceptible’ to a dividend cut?
Hey ED,
I also own 6 companies from the list – BLK, SBUX, PG, JNJ, TGT & EMN. Hopefully, they will keep delivering. JNJ announced a dividend raise recently, so that’s good news.
By the way, one of the companies mentioned in the article (Equinor) cut their dividend by two thirds a few days ago 🙂
Thanks for sharing!
BI
Almost exact overlap with me, BI… just swap TGT for CAT. I hope our shared companies keep delivering, too. Yes, the JNJ raise was terrific. Don’t forget about PG as well.
I hadn’t seen the Equinor cut… way to keep your eyes open. That’s a Norwegian company if I’m not mistaken. Several other major oil companies are slated to report in the coming week or two, at which time I would expect them to announce what might happen with their dividend. My only energy company, XOM, should have news this coming week. I’m hoping the worst is a dividend freeze.
It seems few dividends are ‘safe’ in this market environment, especially ones in the Energy sector.
Thanks for the heads-up, I missed the PG raise 🙂
Same here with the energy companies – my only holding is XOM. Let’s see if they manage to keep their dividend in this environment.