Daily dividend news for investors in dividend stocks

The Best Dividend Stocks To Buy With Recession Risk This High

Published Wed, 04 Sep 2019 12:11:17 -0400 on Seeking Alpha

Due to reader requests, I've decided to break up my weekly "Best Dividend Stocks To Buy This Week" series into two parts.
One will be the weekly watch list article (with the best ideas for new money at any given time). The other will be a portfolio update.
To also make those more digestible, I'm breaking out the intro for the weekly series into a revised introduction and reference article on the 3 rules for using margin safely and profitably (which will no longer be included in those future articles).
To minimize reader confusion, I will be providing portfolio updates on a rotating tri-weekly schedule. This means an update every three weeks on:
My retirement portfolio (where I keep 100% of my life savings) The Best Dividend Aristocrats And Kings To Buy Now (based on the Dividend Kings valuation/total return potential model) My new "What I'm Buying Next" series, which explains what companies are on my immediate buy watch list from which I make all weekly retirement portfolio buys. Recession Risk Is The Highest In 10 Years BUT Still The Lower Probability Outcome A lot of investors are understandably worried about a recession in 2020 or 2021. It's true that recession risk, per models from the Cleveland and NY Fed, JPMorgan, Bank of America, Moody's, Jeff Miller, and Toronto Dominion Bank are all showing the highest 9-12 month contraction risk in a decade.

Here is what I use as the basis for my real-time 12-month recession risk, the model from the Cleveland Fed... Read more

Stock name Last trade   P/E Earnings/Share Dividend/Share Dividend yield
MPLX LP 28.61   12.4 2.30 2.67 9.28
ALTRIA GROUP 44.46   13.2 3.36 3.36 7.23
BRITISH AMERICAN TOBACCO 37.99   0.0 0.00 2.68 6.64
ABBVIE 70.83   26.0 2.72 4.28 6.28
SUNCOR ENERGY 30.68   11.3 2.71 1.26 4.13
CATERPILLAR 131.75   12.3 10.74 4.12 3.16
JOHNSON & JOHNSON 130.43   21.6 6.03 3.80 2.93
BROOKFIELD ASSET MANAGEMENT 53.61   18.4 2.92 0.64 1.22


Older articles featuring Mplx Lp (MPLX):
Dividend Dirty Dogs: Buyer Beware
Dividend Challenger Highlights: Week Of May 10
Midstream Dividend Update: More Maintaining Than Cutting
March 2020 Dividend Portfolio Update: A Month To Remember
February 2020 Dividend Portfolio Update
Adding 10% Yielding MLPs On This Week's 10% Dip
The Oil Price Slump Is The Gift That Keeps On Giving: 5 More Great High-Yield Stocks To Buy
My 19 Best Dividend Ideas For 2020
7 High-Yield Stocks I'm Buying For My Retirement Portfolio In This Red-Hot Market
January 2020 Dividend Portfolio Update