Published Mon, 30 Mar 2020 11:04:59 -0400 on Seeking Alpha
With the economy not expected to "reopen" and begin the process of normalizing until early May, at the earliest, stocks look poised to retest their lows soon, potentially this week.
Investing in the midst of a pandemic requires different ways of thinking about company strength, value, and dividend safety.
This week's picks include a legacy multimedia conglomerate, an auto insurance company, a diversified infrastructure holding company, an appliance maker, and two net lease REITs.
Here's to another week of health and prosperity!
Every week, I try to find the most opportunistic and timely dividend stocks to highlight as "buy" ideas and present them in these articles. In the first half of last week, one could throw money at almost any blue chip dividend stock and get an incredible value. But after a swift bounce-back in the second half of last week, many high-quality stocks have risen above the "good value" range. This article will focus on six stocks that remain good values.
There are many dividend stock "listicles" (list articles) on the Internet, but relatively few of them focus solely on stocks that are good values 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 picks and explore why they could make strong long-term dividend investments.
Also, since unemployment continues to explode higher across the nation, this week I've decided to once again include the list of four charities that are working to ease the burden.
1. Meredith Corporation (MDP)
Dividend Yield: 19.4% P/E Ratio: 1.98x Meredith Corp. owns various local, digital, and print media outlets. It is the largest magazine owner with 32 household titles... Read more
|Stock name||Last trade||P/E||Earnings/Share||Dividend/Share||Dividend yield|
|BROOKFIELD INFRASTRUCTURE PARTNERS LP||47.35||1.0||0.03||2.01||4.25|
|NATIONAL RETAIL PROPERTIES||54.39||35.8||1.52||2.06||3.81|
Older articles featuring Meredith (MDP):The Most Undervalued And Overvalued Dividend Champions - October 2020
First-Half 2020 Dividend Checkup - Dividend Growth, Cuts, And Postponements
Dividends By The Numbers In April 2020
Dividend Champions For May 2020
Dividend Champion And Contender Highlights: Week Of March 8
My 19 Best Dividend Ideas For 2020
Dividend Champion And Contender Highlights: Week Of February 23
33 Upcoming Dividend Increases Including S&P Global
The 6 Best Dividend Aristocrats To Buy For 2020
Retailers Ross Stores, TJX Companies, Walmart Among 14 Companies To Increase Dividends In The Second Half Of February