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Started By
Message
Looking to Expand my Dividend Portfolio
Posted on 1/10/24 at 2:07 pm
Posted on 1/10/24 at 2:07 pm
With treasury yields temporarily waning until inflation skyrockets again, looking to expand my dividend portfolio to include a new stock/fund.
Currently have:
ET
JEPI
PM
WMB
MPLX
IRM
SO
I was thinking maybe:
SCHD
Just curious what are some other dividend stocks that people here like/recommend.
Thanks.
Currently have:
ET
JEPI
PM
WMB
MPLX
IRM
SO
I was thinking maybe:
SCHD
Just curious what are some other dividend stocks that people here like/recommend.
Thanks.
Posted on 1/10/24 at 2:09 pm to CastleBravo
ARCC is my biggest holding as a dividend stock
Posted on 1/10/24 at 2:35 pm to CastleBravo
I've been happy with MCD's dividend (over $1.50/share each quarter).
Posted on 1/10/24 at 2:57 pm to CastleBravo
MO has raised their dividend annually for almost 4 decades.
Posted on 1/10/24 at 3:08 pm to JL
I always recommend OKE in these threads.
Oil and gas tend to be undervalued in price which means the dividend yield is higher.
CRWS is an under the radar stock. Price is lower than it should be given the dividend yield and the low debt load.
BLX is a Panamanian bank. Decent yield and gives you a hedge by including non US stocks.
NYCB still has a good yield. Jumped on them thanks to a Money Board tip during the banking crisis.
Oil and gas tend to be undervalued in price which means the dividend yield is higher.
CRWS is an under the radar stock. Price is lower than it should be given the dividend yield and the low debt load.
BLX is a Panamanian bank. Decent yield and gives you a hedge by including non US stocks.
NYCB still has a good yield. Jumped on them thanks to a Money Board tip during the banking crisis.
Posted on 1/10/24 at 7:50 pm to CastleBravo
Realty Income…ticker: O
I don’t own it but I have seen dividend lovers post about it.
I don’t own it but I have seen dividend lovers post about it.
Posted on 1/10/24 at 8:29 pm to CastleBravo
OMF has done pretty well for me. It's high now though
Posted on 1/10/24 at 8:30 pm to CastleBravo
PSEC
ORC
YYY
KBWD
NYMT
QYLD
FRO
PPT
RYLD
NUSI
PCF
CRF
XYLD
KYN
SVOL
TLTW-only when bonds are good
Posted on 1/11/24 at 6:20 am to Fat Bastard
I'm curious the strategy if you want a dividend stock to go with something in a single industry or a single stock that is much more volatile than something like ARCC, HTGC, PSEC
Posted on 1/11/24 at 6:34 am to CastleBravo
FEPI. Recent ETF but it follows the big tech companies which is fantastic with AI being front and center for the next few years. Pays monthly and a nice div as well.
Inflows to the etf have been pouring in recently.
Here are the stocks in the etf and the percentage allocated:
NAME HOLDING ALLOCATION
Intel Corporation 6.99%
Micron Technology, Inc. 6.84%
NVIDIA Corporation 6.82%
Advanced Micro Devices, Inc. 6.80%
Netflix, Inc. 6.79%
Alphabet Inc. Class A 6.72%
Meta Platforms Inc. Class A 6.66%
Amazon.com, Inc. 6.52%
Salesforce, Inc. 6.39%
Microsoft Corporation 6.38%
Broadcom Inc. 6.27%
Tesla, Inc. 6.23%
Palo Alto Networks, Inc. 6.22%
Adobe Incorporated 6.07%
Apple Inc. 6.06%
Inflows to the etf have been pouring in recently.
Here are the stocks in the etf and the percentage allocated:
NAME HOLDING ALLOCATION
Intel Corporation 6.99%
Micron Technology, Inc. 6.84%
NVIDIA Corporation 6.82%
Advanced Micro Devices, Inc. 6.80%
Netflix, Inc. 6.79%
Alphabet Inc. Class A 6.72%
Meta Platforms Inc. Class A 6.66%
Amazon.com, Inc. 6.52%
Salesforce, Inc. 6.39%
Microsoft Corporation 6.38%
Broadcom Inc. 6.27%
Tesla, Inc. 6.23%
Palo Alto Networks, Inc. 6.22%
Adobe Incorporated 6.07%
Apple Inc. 6.06%
This post was edited on 1/11/24 at 6:47 am
Posted on 1/11/24 at 6:46 am to wiltznucs
quote:
MO has raised their dividend annually for almost 4 decades.
Is this accurate? Wasn't MO spun off around 20 years ago from a prior entity that was a global tobacco manufacturer, whereas MO has been domestic for the past 20 years.
I dumped MO recently as the stock price depreciation mitigated the dividends. I don't know how safe a 10% yield is. I'd much rather hold PM than MO.
Posted on 1/11/24 at 8:27 am to JL
quote:
ARCC is my biggest holding as a dividend stock
Yes, I’ve also owned that ticker for several years. Something that I try not to say (just because I don’t think that it’s psychologically healthy): of the dividend stocks that I own, this is the one that I wish that I owned more of - a lot more.

Posted on 1/11/24 at 8:36 am to 632627
Yes, you’re correct. I’ve owned both. Initially I got in PM from the high 80s to the mid 90s. I collected the divs and sold covered calls for awhile, then let it be called away in the low 100s.
More recently, they’ve both been sold off by roughly the same percentage. And while I agree that one should definitely not chase dividends, I haven’t seen that MO’s is unsustainable given its cashflow.
More recently, they’ve both been sold off by roughly the same percentage. And while I agree that one should definitely not chase dividends, I haven’t seen that MO’s is unsustainable given its cashflow.
Posted on 1/11/24 at 11:42 am to CastleBravo
In ETFs I own SPYD and SPHD. In stocks, APA; D; PM; NEE; UPS; CVX; FMC; O; F; DVN; ENB; PFE; ETR; DUK; WFC; RF; BAC; TFC; VZ; and T. With the exception of funds, I try to allocate no more than 4 to 5% of my portfolio in any stock. All pay steady dividends and I dividend reinvest. As position gets over my limits, I rebalance and add another company. This works for me.
Posted on 1/11/24 at 12:47 pm to dwr353
ZIM currently has a dividend yield of 131%. Freight shipping based out of Israel.
Posted on 1/11/24 at 2:31 pm to CastleBravo
Thanks for the responses everyone.
This has given me a lot of information to drive some research.
This has given me a lot of information to drive some research.
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