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Dividend Growth 50: Big Income Growth, Minimal Pandemic Peril

Published Tue, 30 Jun 2020 12:07:30 -0400 on Seeking Alpha

Seeking AlphaDividend StrategyDividend Growth 50: Big Income Growth, Minimal Pandemic PerilJun. 30, 2020 12:07 PM ET|| Includes: AAPL, AFL, BA, BAX, BDX, CARR, CCL, COP, DAL, DE, DIS, DNKN, F, GE, GIS, HAL, HOG, IBM, KHC, KMI, LMT, LVS, M, MAR, MMM, MO, NEE, OTIS, OXY, PEAK, PM, RDS-A, RDS-B, RTX, SJM, SLB, T, TAK, TJX, VTR, WBA, WDC, WFC, WMT, XOMby: Mike NadelMike Nadel Long-term horizon, dividend growth investingSummaryThe DG50 experienced no coronavirus-related dividend cuts during the first half of 2020.
Year-over-year growth of the portfolio's income stream was outstanding.
Top income-growth performers included ConocoPhillips, Kinder Morgan and NextEra Energy.
There could be some trouble on the horizon with Wells Fargo and Exxon Mobil in dividend danger.
Even in this frothy market, some DG50 companies appear attractively valued now.
While celebrating New Year's Eve with my friends and family, I turned to the group and said: "Let's have fun tonight, because I have a feeling that we're only months away from a global pandemic, an economic collapse, and a worldwide reckoning over racial inequality."
Yep, I said that. Right before I ran a 2-hour marathon, cashed in the winning Powerball ticket, dunked over LeBron James, and received my fifth Pulitzer Prize.
OK, maybe I didn't say and do all of those things. That doesn't change the fact that 2020 certainly has been "interesting" for pretty much everybody everywhere - including right here in our Dividend Growth Investing neighborhood, where the confluence of events has stoked fears (some deservedly so) of massive dividend cuts.
For all that talk, however, the Dividend Growth 50 has experienced only one reduction so far, and even that was because of a corporate merger, not COVID-19.
Given all the consternation, I was pleasantly surprised when I tallied up the "score" to see that the portfolio's income grew about 9.5% in the first half of the year compared to the same span of 2019.
That... Read more

Stock name Last trade   P/E Earnings/Share Dividend/Share Dividend yield
MACY'S 17.00   5.2 3.29 1.51 8.83
ALTRIA GROUP 44.46   13.2 3.36 3.36 7.23
OCCIDENTAL PETROLEUM 45.40   9.0 5.05 3.16 6.81
FORD MOTOR 9.41   17.1 0.55 0.60 6.37
PHILIP MORRIS INTERNATIONAL 74.90   14.9 5.03 4.68 6.12
KRAFT HEINZ 29.03   0.0 0.00 1.60 5.52
AT&T 38.38   16.1 2.38 2.04 5.43
ROYAL DUTCH SHELL A 68.62   27.1 2.59 3.76 5.35
SCHLUMBERGER 36.90   24.6 1.50 2.00 5.34
ROYAL DUTCH SHELL B 70.13   0.0 0.00 3.76 5.23
LAS VEGAS SANDS 60.15   24.1 2.50 3.08 5.22
KINDER MORGAN 20.42   20.6 0.99 1.00 4.94
EXXON MOBIL 71.98   17.3 4.15 3.48 4.83
IBM 143.62   14.8 9.68 6.48 4.47
VENTAS 71.17   51.6 1.38 3.17 4.41
HARLEY-DAVIDSON 36.05   13.3 2.71 1.50 4.24
WELLS FARGO 48.65   10.0 4.84 2.04 4.22
CARNIVAL 49.62   11.7 4.25 2.00 4.03
GENERAL MILLS 54.09   18.6 2.90 1.96 3.59
HALLIBURTON 19.75   13.0 1.52 0.72 3.59
3M 170.58   20.6 8.28 5.76 3.41
JM SMUCKER 105.85   22.4 4.72 3.52 3.30
WALGREENS BOOTS ALLIANCE 55.56   10.9 5.10 1.83 3.22
WESTERN DIGITAL 64.70   0.0 -2.63 2.00 3.21
DELTA AIR LINES 59.44   8.9 6.70 1.61 2.75
LOCKHEED MARTIN 386.63   18.8 20.52 8.80 2.31
NEXTERA ENERGY 220.74   31.7 6.96 5.00 2.29
BOEING 375.63   44.0 8.54 8.22 2.22
CONOCOPHILLIPS 56.35   9.1 6.20 1.22 2.17
AFLAC 51.47   12.6 4.10 1.08 2.12
DEERE 163.26   15.9 10.29 3.04 1.85
WAL-MART STORES 116.92   26.3 4.44 2.12 1.83
TJX 56.75   22.9 2.48 0.92 1.62
MARRIOTT INTERNATIONAL 132.51   32.5 4.08 1.92 1.46
APPLE 223.08   19.0 11.73 3.08 1.42
WALT DISNEY 137.50   17.3 7.93 1.76 1.30
BECTON DICKINSON 262.15   92.0 2.85 3.08 1.18
BAXTER INTERNATIONAL 87.82   29.6 2.97 0.88 1.02
GENERAL ELECTRIC 9.26   0.0 -2.15 0.04 0.44

MACY'S - M
MACY'S - M  


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