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Which dividend stocks do you recommend this month

Posted on 2/16/23 at 6:02 pm
Posted by tigerbacon
Arkansas
Member since Aug 2010
4501 posts
Posted on 2/16/23 at 6:02 pm
I buy 500 dollars worth of dividend stocks every month. My goal is to hold this for at least the next 25 years. What’s your recommendations this month? Just looking for opinions. Been doing this for the last year
Posted by 3D
NJ
Member since Sep 2013
1294 posts
Posted on 2/16/23 at 6:04 pm to
MCD
Posted by Bestbank Tiger
Premium Member
Member since Jan 2005
79360 posts
Posted on 2/16/23 at 6:06 pm to
OKE
Posted by tigerbacon
Arkansas
Member since Aug 2010
4501 posts
Posted on 2/16/23 at 6:08 pm to
Forgot to ask you to explain your reccommendation
Posted by lofty
Member since Dec 2019
468 posts
Posted on 2/16/23 at 6:14 pm to
I like mmm for divi
Posted by tigerbacon
Arkansas
Member since Aug 2010
4501 posts
Posted on 2/16/23 at 6:15 pm to
Have McDonald’s. One negative about oke is it seems to be near its 5 year high. I know dividends stocks are different but still don’t like to do that lol
Posted by tigerbacon
Arkansas
Member since Aug 2010
4501 posts
Posted on 2/16/23 at 6:19 pm to
Mmm is one of my favorites as well
Posted by tigerbacon
Arkansas
Member since Aug 2010
4501 posts
Posted on 2/16/23 at 6:19 pm to
Thoughts on Medtronic?
Posted by TrouserTrout
Member since Nov 2017
6425 posts
Posted on 2/16/23 at 6:25 pm to
FLNG
Posted by jsk020
Nola
Member since Jan 2013
1762 posts
Posted on 2/16/23 at 6:27 pm to
Just curious why not just buy VYM or SCHD or something. Im scared to buy single stocks and just wondering the rationale
Posted by tigerbacon
Arkansas
Member since Aug 2010
4501 posts
Posted on 2/16/23 at 6:31 pm to
This is solely fun money I do for fun. I have my other investment accounts for when I retire. This is something fun, money I can afford to just have fun with
Posted by Bestbank Tiger
Premium Member
Member since Jan 2005
79360 posts
Posted on 2/16/23 at 6:35 pm to
quote:

Forgot to ask you to explain your reccommendation


Decent yield, skrong balance sheet, PE ratio slightly high but not out of whack.

O&G midstream company. Demand isn't going anywhere.
Posted by fallguy_1978
Best States #50
Member since Feb 2018
53116 posts
Posted on 2/16/23 at 6:41 pm to
ABBV or VNQ (etf)
Posted by SmackoverHawg
Member since Oct 2011
30957 posts
Posted on 2/16/23 at 6:56 pm to
VLO and MO if I were buying right now. MO $10 of 52week high at $47. VLO with more upside in price, but also more volatile.

KMI

MMM

Hard to pick just one. Would probably go for VLO due to upside in price. Trading at like 4.61 PE.
Posted by saderade
America's City
Member since Jul 2005
26266 posts
Posted on 2/16/23 at 6:59 pm to
quote:

This is solely fun money I do for fun. I have my other investment accounts for when I retire. This is something fun, money I can afford to just have fun wit
Then why not a stock with a high upside instead of something with a dividend.
Posted by tigerbacon
Arkansas
Member since Aug 2010
4501 posts
Posted on 2/16/23 at 7:12 pm to
Because I do hope in 25 years I can get 1500 a month just taking out the dividends
Posted by fallguy_1978
Best States #50
Member since Feb 2018
53116 posts
Posted on 2/16/23 at 7:27 pm to
Compounding dividends is a great way to build wealth over a period of time that long
Posted by SmackoverHawg
Member since Oct 2011
30957 posts
Posted on 2/16/23 at 7:31 pm to
quote:

Because I do hope in 25 years I can get 1500 a month just taking out the dividends


Pick the right growth stock and in 25 years they'll be paying a dividend. A higher dividend is the price paid to investors to offset lack of growth.
Posted by Turf Taint
New Orleans
Member since Jun 2021
6010 posts
Posted on 2/16/23 at 7:43 pm to
CVX

$1.51/sh
Posted by jamiegla1
Member since Aug 2016
7910 posts
Posted on 2/16/23 at 7:44 pm to
CCLDP Carecloud at 11% even though some of you shits downvote me every week when I reply to the same post
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