Wednesday, August 16, 2023
3 Stocks to Increase Your Dividend Yield,16 AUGUST
Dividends have been out of fashion for a while. For many years, low and still falling interest rates devalued income producing assets as great returns were to be had on growth stocks. Even this year, with rates moving back to historical norms, growth has been king, but if you are investing for the long term, it is important to understand that that is a trend, part of the cyclicality of markets, but that tried and tested strategies are still your friend. The importance of dividends is one of them.
A study a while back by Hartford Funds revealed something that will probably surprise most investors, and especially those new to the game. From 1960 to 2021 just over 40% of the total gains in stocks were attributable to dividends. That is a huge potential percentage gain that you as an investor would be giving up if the dividend yield of your portfolio isn’t at least around the average for a broad index like the S&P 500. Given the popularity of growth stocks that often don’t pay a dividend at all, I would hazard a guess that this is the case for most investors right now.
With some uncertainty around what the rest of this year will bring for the stock market, now is a good time to redress that imbalance by adding some solid dividend paying stocks to your portfolio. The fact that they have been out of favor for a while means that there is some value to be had in a conventional sense too, so you are not necessarily sacrificing capital growth when you add dividend payers to your holdings. Here are three stocks to consider if you are thinking of doing that:
1. 3M Company (MMM): 3M, best known as the maker of household first aid and adhesive products, has been around since 1902, which is remarkable longevity for a manufacturing company. The stock has dropped more than thirty percent over the last year, though, and not just because of the trend towards growth. They were very hard hit by the post-pandemic supply chain issues which revealed some weaknesses in that area.
That has called into question whether or not the company can continue its 64 year tradition of increasing dividends, but history shows that they have maintained that through much tougher times than this, so probably will this time, too. At current levels the forward dividend yield is right around 6% and a forward P/E below 12 indicates the possibility of capital appreciation to boot.
2. Pioneer Natural Resources (PXD): Energy is a traditional sector in which to look for dividend yield, but the inexorable move away from fossil fuels makes stocks in the industry less attractive from a long-term perspective. However, Pioneer’s balance of oil and natural gas gives them some degree of future proofing, and a forward dividend yield of around 7% is extremely attractive. In this case, too, there is also a good chance of some capital appreciation. PXD is currently trading at a forward P/E of just over 11, with a PEG ratio of around 0.75 when projected growth is factored in.
3. United Parcel Services (UPS): UPS is another company with a history of growing dividends, although their stretch of doing so only dates back around fourteen years. The yield here is not as high, at around 3.7% on a forward basis, but the long-term prospects of the company in a world that is still making the transition to e-commerce adds some very long term prospects of appreciation makes that quite attractive.
These three stocks offer some diversification and long-term growth prospects, so adding the yield doesn’t necessarily mean that you won’t see capital growth over time. However, combining these three stocks with equal weight will give you a small portfolio of dividend payers, with a combined yield of just over 5%, more than enough for you, with reinvested dividends, to take advantage of that 40% of portfolio growth that comes from dividend payers.
https://www.nasdaq.com/articles/3-stocks-to-increase-your-dividend-yield
Coffee with MarkZ and Andy Schectman 08/16/2023
Evening News with MarkZ 08/15/2023
Some highlights by PDK-Not verbatim
MarkZ Disclaimer: Please consider everything on this call as my opinion. People who take notes do not catch everything and its best to watch the video so that you get everything in context. Be sure to consult a professional for any financial decisions
Member: August 15, 1971 is when Nixon tool the US off the Gold Standard………
Member: good Evening everyone……..any big news tonight Mark?
MZ: This one was interesting” Kurdistan Regional Central Bank distances itself from a vehicle full of cash that overturned: We have nothing to do with it” The rumor is they were moving cash from Baghdad….or was it part of the effort to clean up dinar…..but they say they know nothing…..like Sargent Shultz on Hogans Heros. So was it or was it not government money??? This was a big truck full of cash….
MZ: “Iraq approves an agreement with America to form a joint higher committee with the international Coalition” This is about the US supposed concerns on what happens militarily in Iraq without them….can they protect themselves? This as Iraq prepares to take ccare of themselves without the US. They want to get rid of the US influence.
MZ: We have the Iraq budget scheduled to release on the 20th.
MZ: it’s exceptionally quiet on the RV front today from groups. Paymasters, bonds…you name it. A lot of them say things appear to be on schedule …but nothing more than that.
MZ: “Inda makes its first crude oil payment to UAE in Indian Rupees” This story broke today and they have now officially done this. This is all part of the de-dollarization going on around the world.
MZ: “Trading Halt due to market volatility on NASDAQ” They blame a million different things but the DOW dropped 361 points today.
MZ: “Fitch warns it may be forced to downgrade dozens of banks including JP Morgan Chase” The economy is hurting and wall street is pretending it is not. They can only fake it so long before main street dictates to wall street.
Member: I read an article today that the US Army is headed into Iraq. Is the US going to try and start something again to stop Iraq from doing a revaluation?
Member: They have been doing it constantly……..The US is holding up our RV…IMO
Member: A lot of local banks have been refurbished to small offices and 1 or 2 teller areas…. Upstate rural NY north of Syracuse…
Member: I wonder are we going to see something this month?, or going into next month?.
MZ: I very much think we will see it this month.
Member: I personally am looking for after the BRICS summit next week
Member: Dinar Recaps has two great videos concerning the upcoming BRICS conference. Today’s email sent out video with Alasdair Maclead and one from 8/10 with Jim Rickards. Very informative!!!
MZ: Both of these gentleman are very knowledgeable….
MZ: We have been told that things will appear darkest just before the light…well things appear very dark right now.
Member: 15 years in this currency game and still counting. We are in the best position than we have ever been.
Member: New financial system incoming…. We got this….
Member: Hang in there everyone…..see you in the morning.
MZ: Andy Schectman is joining us tomorrow morning….
“THE INFO IN THIS PODCAST IS FOR GENERAL INFO & EDUCATIONAL PURPOSES ONLY. NOT INTENDED TO PROVIDE ANY PROFESSIONAL & LEGAL ADVICE.” PLEASE CONSIDER EVERYTHING DISCUSSED IN MARKZ’S OPINION ONLY.
Markz will be on rumble on SATURDAYS ONLY so he can speak his mind. You will find him on YouTube during the week.
SATURDAYS GO TO: Odysee at: https://odysee.com/@theoriginalmarkz:e OR THE RUMBLE CHANNEL: https://rumble.com/user/theoriginalmarkz
Note from PDK: Please listen to the replay for all the details and entire stream….I do not transcribe political opinions, divisive social commentary,medical opinions or many guests on this stream……just RV/currency related topics.
MINISTRY OF FINANCE FINALLY PUBLISHES INSTRUCTIONS FOR IMPLEMENTATION OF FED FINANCIAL BUDGET LAW, 16 AUGUST
MINISTRY OF FINANCE FINALLY PUBLISHES INSTRUCTIONS FOR THE IMPLEMENTATION OF THE FEDERAL FINANCIAL BUDGET LAW
Economist: Washington imposes its authority on Iraqi oil revenues
DINARLAND UPDATE, 16 AUGUST
Nader From The Mid East
They need to find at least 80% of the money and get it back from them [The corrupt politicians and mafia] back for them to revalue the dinar.MarkZ
[via PDK]
Comment: [Guru] Nader said, corruption slowed down RV IQD no budget no HCL? [reference Nader post 8-14-2023]
MarkZ: Remember these are the same stories we saw before the RV is Kuwait…The same stories we saw in China…the same stories we historically see before any revaluation of any currency in the last 100 years. Could it be a little longer? It could but I don’t think so…they are desperate and need the rate…
Question: We have never seen an RV…so how do we know what to expect? We have seen RV’s (Re-Valuations). We may not have seen a world-wide event…but there have been many RV’s. We saw one in China in the 90’s…We saw Kuwait go through one in 91…in the 1970’s we saw Iraq go through one…After world war 2 we saw Japan go through this…We have seen Germany go through this twice…once after world war 1 and once after world war 2. This is not unprecedented.
I have not heard anything negative…a lot of projects are being funded. We know that now that money is moving they have go to get a rate change at any moment.
Article Quote:
“The parliamentary economic committee stands with the government and the central bank in fighting the speculators at the exchange rate…”
Everybody’s in agreement we need to fight this parallel market – we need to shut it down. Again, what is the easiest way to shut it down? Change the exchange rates to a Real Effective Exchange Rate shuts is down. In a broad sense that’s what they’re actually saying without saying it…
[Financial] systems are in place that have been updated, modified and now they’re waiting for Iraq to be ready to go to the global financial system. Once they get to that stage they’re going to be an Article VIII IMF compliant currency. That’s our expectation…That’s what they’ve been saying for quite some time.
If they haven’t gone to the international stage of 1310 and they haven’t done it today, the chances of them doing it are highly unlikely the International world wouldn’t accept Iraq at 1310.
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