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These are our most recent articles. Also see which stocks have been this week’s best and worst performers.
Vectren (VVC): A Utility Company with 57 Years of Uninterrupted Dividend Growth
You won’t read about Vectren in the headlines. But for more than 50 years in a row, Vectren has quietly paid and raised its dividend. It’s a feat that’s been done by just 21 other companies publicly traded in the U.S. Vectren is a utility company, and utility companies are often attractive to investors living off dividends in retirement. Their dependable earnings and defensive strategies mean their dividend payments are typically very safe. But one downside of utility companies is their slow growth. Vectren’s growth, however, has accelerated as of late. Let’s see if Vectren’s stellar track record of dividend payments and its growth potential makes it a candidate for our Conservative Retirees Portfolio. Business [...]
Scorpio Tankers (STNG) Cuts Dividend 92% – What Should Income Investors Do Now?
Scorpio Tankers (STNG) shocked many income investors when the company announced a 92% cut to its dividend this morning. After all, the company’s management team sounded confident about maintaining Scorpio Tankers’ dividend just a few months ago in November: “If you run through our model, the company is fully able to pay its dividend and be in compliance of its loans.” – CEO Robert Bugbee In the blink of an eye, however, Scorpio Tankers’ dividend yield plunged from 14% on Friday to just 1% at the end of Monday, wiping out substantial income for many yield-hungry investors. While this type of company is highly inappropriate for conservative investors living off dividends in retirement, it’s worth studying [...]
Carlisle Companies (CSL): 40 Consecutive Years of Dividend Increases and a Bright Future Ahead
When it comes to steady dividend growers, often the best choice can often be a seemingly dull company - one that flies under the radar, yet grows steadily over decades. Many times, it’s precisely boring companies that end up becoming dividend aristocrats, which are S&P 500 companies that reward long-term income investors with over a quarter century of consecutive payout growth. Investors can view research on the dividend aristocrats here. While Carlisle Companies (CSL) is not quite big enough to be classified as a dividend aristocrat, it has more than proven itself with 40 consecutive years of dividend increases. Let’s take a closer look to learn if Carlisle, in addition to being one of the most [...]
Dominion Energy (D): A Quality Utility Stock for Dividend Income & Growth
Regulated utilities have long been a staple for many retired investors living off dividends. However, while most people think of this industry as one that generally consists of high-yield, slow but steady dividend growth, that isn’t always the case. In fact, Dominion Resources (D) is one of the fastest growing regulated utilities you can own, with an exceptional management team that is making all the right moves to continue putting up industry-leading safe and sustainable dividend growth for years to come. Besides relatively impressive income growth, Dominion Resources’ dividend has been extremely reliable. The company has paid consecutive dividends for nearly 90 years. Let’s take a look at Dominion Resources and its 4.1% high yield for [...]