With Q1 in the books it’s time to take a look back and see the events that occurred during the quarter. Also it’s a good time to take a look forward and see what is on the radar.
- The two juggernauts in telecom, AT&T and Verizon offer investors a 5%+ dividend yield
- Public Storage is the leader in self storage units and has phenomenal financial flexibility
- Realty Income is a perennial investor favorite and “The Monthly Dividend Company”
- All four companies offer investors attractive dividend growth opportunities at currently depressed levels
With the stock market seemingly hitting new all-time highs every week, the common narrative is there are no good investing opportunities left. As a dividend growth investor I am always scouring for stocks that represent a good value to the overall market.
I present four dividend growth stocks worth adding here.
I’ve had an unexpectedly busy month with several buys in July. It all started when I was writing my June portfolio update article. I saw a stock “ESV” in my account that I didn’t recognize.
On May 4, 2017, a story came out about Spirit Realty having credit issues with some tenants. Shares for Spirit then proceed to drop 20%. In the wake of that, other triple-net lease players fell hard, including Realty Income. This is a textbook example of Custom Stock Alerts.
Realty Income is one of the most beloved REITs – especially given that it bills itself as “The Monthly Dividend Company”. Shares tend to trade at a premium in the REIT space which in turn helps the company maximize money received by issuing shares.
As an existing shareholder, I am always looking to add to holdings when, in my opinion, they are unfairly beaten down. That’s precisely what happened when an unrelated company reported bad earnings.
Custom Stock Alerts
My site, customstockalerts.com helped me out here. I had existing alerts setup for Realty Income, seen here (this is how it looks after the fact, note the 2 inactive alerts).
I have a multitude of alerts setup for the company, proximity to 52 week high or low, daily price movement, dividend yield above 5% and just a rough ballpark of a price I’d be interested in.