Bank of America (NYSE:BAC) stock is worth at least 46% more, now that the Federal Reserve will allow dividend hikes and buybacks. This is because, after June 30, the bank will be allowed to hike its dividend, assuming it passes the relevant bank stress tests. My estimate is that after Bank of America raises its
Dividend Stocks
Barrick Gold (NYSE:GOLD) produced significant results last year, achieving all of the gold and copper mining company’s forecasts. But the stock didn’t reciprocate. GOLD stock has actually fallen 6.4% over the past year, as of the time of publication. And year-to-date, it is down 7.4%. Source: Piotr Swat / Shutterstock.com It’s almost as if the
No matter what stage an investor is at in their stock market journey, dividend stocks inevitably become a focus. For some, it’s a focus that lasts a lifetime. For others, their interest is fleeting. In any regard, these holdings play a large role when it comes to how the individual investor deploys their capital. As
Exxon Mobil (NYSE:XOM) and Chevron (NYSE:CVX) have raised their dividends for 38 and 33 consecutive years, respectively. As a result, they both belong to the group of dividend aristocrats. In fact, as the oil industry is highly cyclical with dramatic boom-and-bust cycles, Exxon and Chevron are the only two oil companies on the dividend aristocrats
Exxon Mobil Corp. (NYSE:XOM) is not going to lower its dividend no matter what it costs the company. That point came out loud and clear from the company’s latest earnings conference call. This means that XOM stock will continue to have a “strong” dividend yield of about 6.15%. It’s worth at least 32% more, or
In today’s low-interest rate environment, dividend stocks remain hot. High-quality dividend stocks, such as dividend aristocrats, offer the potential for payouts that go up over time. Not to mention, share-price appreciation adds in long-term price gains as well. Yet, this investing strategy is far from a sure thing for an income investor. High payout ratios
Companies within the telecommunication industry are often a favorite of income investors, as many telecom stocks boast high dividend yields. Even better, many of these high yields are quite safe as they are well covered by earnings. The top telecom stocks share a few key qualities. They have large customer bases and charge high prices
While wagering on the next big thing always drives new players to the financial markets, as you grow in your investment journey, you’ll realize the importance of diversification. Specifically, your “active” plays will likely generate the most gains, but you’ll often find yourself with duds. On the other hand, monthly dividend stocks can give you
Many of the largest companies in the world happen to reside in the technology sector. Tech stocks tend to have higher growth rates, but lately the technology sector has experienced a sharp selloff. To illustrate, the iShares U.S. Technology ETF (NYSEARCA:IYW) fell almost 12% from Feb. 12 to March 8, before recently staging a modest recovery.
In November 2019, the S&P Dow Jones Indices produced a piece that educated readers on how to invest in high-yield dividend stocks without losing their shirts. The article focused on the S&P High Yield Dividend Aristocrats Index. These are stocks from the S&P Composite 1500 Index that have increased their annual dividend payment for at
First things first: UWM Holdings (NYSE:UWMC) stock is a meme stock even old-school investors can love. Unlike some of the other meme stocks or Reddit stocks out there, the hype around it isn’t fully out of whack relative to its valuation. Source: ImageFlow/shutterstock.com The wholesale mortgage lender (largest in the U.S. by origination) has been
Energy prices have been on a rollercoaster ride over the years, with the Covid-19 pandemic inflicting immense damage. The price of Brent crude fell from $66.67 at the beginning of 2020 to below $25 in early May of last year, a stunning 63% decline in a very short period of time. However, energy prices have
Looking for some interesting investment income? These seven high-yield dividend stocks have enough earnings projected for 2021 to cover the company’s likely dividends (with one exception). This ensures that there is a low likelihood the company will lower its dividend. And the one exception should see earnings to cover the dividend in 2022, and remains
Nearly a year since becoming CEO of International Business Machines (NYSE:IBM), Arvind Krishna has seen a 13% gain in the company’s stock. Source: Laborant / Shutterstock.com Trouble is the S&P 500 is up 47% in that time and the NASDAQ, containing most of the IBM’s competitors, is up 65%. IBM opens for trade March 19
Of all the places to invest, there may not be a more recession-proof sector than water stocks. Consumers need access to clean water for drinking, bathing and eating on a daily basis, regardless of the state of the economy or the world. This means that companies in the water business have a regular customer base
Dividend investing is no longer as sexy as it used to be. The markets nowadays have gone hyperbolic. When most stocks are experiencing exponential capital appreciation, most investors are chucking dividend investing to the side. However, completely ignoring dividend stocks is not a recipe for success. Only a company with solid fundamentals, stable business models
Geographic diversification can be valuable for stock market investors. When one country is in recession, another might not necessarily be in the same condition. There are times in which stocks from other countries, such as Canadian stocks, might be more attractively valued or have better growth prospects that domestic stocks. Investors may not realize that
3M (NYSE:MMM) stock isn’t for everyone, but if you’re 66, like I am, it’s worth your investment. As I wrote in February MMM stock is a long-term Dividend Aristocrat. It has kept a steadily rising dividend for 62 years. Source: r.classen / Shutterstock.com Since writing that story I’ve bought a few shares for my retirement account.
Since the start of the year, investors have been flooding into JPMorgan Chase (NYSE:JPM) stock. Many believe rising inflation and interest rates will soon let JPM stock make more money from its money. Source: Bjorn Bakstad / Shutterstock.com Since the start of 2021, the bank’s stock has risen over 21%. It opened Mar. 16 at
There is probably no company more important to the history of the American South than The Coca-Cola Company (NYSE:KO). But I don’t buy or invest in history. That’s not a reason to be in on KO stock. Source: focal point / Shutterstock.com Today, in 2021, Pepsico (NASDAQ:PEP) is by far the better investment. In fact, Pepsi