Daily dividend news for investors in dividend stocks

5 Dividend Stocks To Buy The Week Of February 24th

Published Tue, 25 Feb 2020 06:04:51 -0500 on Seeking Alpha

Will your wealth be halved in the next recession? Mine almost certainly won't. I'll tell you why.
The key involves how one defines "wealth." I define it not as the paper value of my assets but rather the income generated from them.
This week's 5 dividend stock picks include a two-for-one cruise line deal, a recession-resistant adult beverage producer, an iconic industrial conglomerate, a midstream nat gas giant, and a transforming biopharma stalwart.
Lastly, I note that one of last week's picks just announced a game-changing merger this past week that makes it an even stronger buy.
No matter how overvalued the stock market gets, there are always some good values out there!
Every week, I try to find the five most opportunistic and timely dividend stocks to highlight as "buy" ideas and present them in these articles. There are many dividend stock "listicles" (list articles) on the Internet, but relatively few of them focus solely on stocks that are good buys today. In a time of very low yields in both stocks and bonds, value investing becomes a vital way to generate a decent, reliable income stream.
That is as true for younger investors like me who focus on dividend growth and compounding as it is for retirees and near-retirees in search of current yield. So let's examine this week's five picks (including a two-for-one deal) and explore why they could make strong long-term dividend investments.
But first, a note on true wealth.
Recessions And Real Wealth Vs. Illusory Wealth
For years now, we've heard from finance writers and pundits that a recession is right around the corner. We've seen surveys of economists showing that the vast majority see the onset of recession coming either in 2019 or 2020, and then when it didn't come in 2019, those same economists switched to 2020 or 2021. Heck, I myself have prognosticated on multiple occasions that a recession is - must be - coming soon because of a host of... Read more

Stock name Last trade   P/E Earnings/Share Dividend/Share Dividend yield
ENTERPRISE PRODUCTS 28.68   12.4 2.31 1.76 6.13
CARNIVAL 49.62   11.7 4.25 2.00 4.03
LEGG MASON 39.76   0.0 -0.66 1.60 4.03
MOLSON COORS BREWING 56.25   13.6 4.13 2.28 4.03
PFIZER 37.28   17.0 2.19 1.44 3.85
FRANKLIN RESOURCES 29.79   11.0 2.70 1.04 3.66
3M 170.58   20.6 8.28 5.76 3.41
ROYAL CARIBBEAN CRUISES 113.27   12.9 8.80 3.12 2.46


Older articles featuring Enterprise Products (EPD):
Enterprise Declares Quarterly Distribution
Enterprise Declares Quarterly Distribution
Enterprise Declares Quarterly Distribution
Enterprise Declares Quarterly Distribution
Enterprise Declares Quarterly Distribution
EPD Stock: 7.7%-Yielding Midstream Company Has Raised Dividends for 22 Years
Enterprise Declares Quarterly Distribution
56 Outstanding Dividends Flash 11 Gems For January
Value Shines: 5 High-Yield Income Stocks With More Upside
The Retirees' Dividend Portfolio: John And Jane's November Taxable Account Update