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Retirement Strategy: The Pandemic Is Still Here, So Is Dividend Growth Investing So Let's Update 'PRIP'

Published Mon, 06 Jul 2020 08:00:00 -0400 on Seeking Alpha

Seeking AlphaDividend StrategyRetirement Strategy: The Pandemic Is Still Here, So Is Dividend Growth Investing So Let's Update 'PRIP'Jul. 6, 2020 8:00 AM ET|| Includes: AAPL, ABBV, DIS, ED, JNJ, MO, MSFT, O, PEP, PG, T, T.PA, TBB, TBC, XOMby: Regarded SolutionsRegarded Solutions Portfolio strategySummaryThe "Pandemic Retirement Income Portfolio" is pretty sound for dividend growth investors with time on their side.
The pandemic continues to cause serious health risks, and might impact the stock markets in the short to intermediate term.
Dividend growth investors cannot stop the virus, but they can grow a reliable income stream over the years.
The Pandemic Is Still Calling The Shots, Folks
Obviously the pandemic is still taking center stage within the investment community, as well as just about every other aspect of life. Here in the USA, the number of infected folks is rising, which could be attributed to more testing, or simply more folks getting sick. I do not believe I need to link any other article to have a consensus here, so lets just stick with my perspective here for awhile.
I see several reasons for the rise of COVID-19 cases:
Reopening of the economy and businesses. Increased testing. People taking more risks by social gathering - whether it is rallies, demonstrations, or just plain partying. A confusing reluctance to wearing a mask while in public spaces with or without the six-feet mandate of social distancing. This one really irks me and I just don't get it. Is it a "macho" thing, or a political thing, or does it really matter? I say get over it and wear a mask until we have a vaccine. Seems simple to me. While The Pandemic Rages On, The Markets Can Be Negatively Affected
I am not trying to be a naysayer here, but let's face facts. If businesses close up again or lose money, public companies will begin to lose revenues and profits, which probably will affect stock prices. There are still tends of millions of... Read more

Stock name Last trade   P/E Earnings/Share Dividend/Share Dividend yield
ALTRIA GROUP 44.46   13.2 3.36 3.36 7.23
ABBVIE 70.83   26.0 2.72 4.28 6.28
AT&T 38.38   16.1 2.38 2.04 5.43
EXXON MOBIL 71.98   17.3 4.15 3.48 4.83
REALTY INCOME 74.49   56.9 1.31 2.72 3.69
CONSOLIDATED EDISON 90.19   21.4 4.21 2.96 3.31
JOHNSON & JOHNSON 130.43   21.6 6.03 3.80 2.93
PEPSICO 137.29   15.2 9.02 3.82 2.81
PROCTER & GAMBLE 122.77   90.3 1.36 2.98 2.49
APPLE 223.08   19.0 11.73 3.08 1.42
MICROSOFT 137.52   27.1 5.07 1.84 1.35
WALT DISNEY 137.50   17.3 7.93 1.76 1.30


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