Category: Podcast
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September 2023 Recap
My annual income increased $25 as a result of dividend increases from Microsoft (+10%), NJR (+7.7%), and 5 other holdings. Meanwhile, there were changes to the Dividend Safety Scores of W. P. Carey, Smucker, and Walgreens. W.P. Carey Surprises With Plan to Exit All Office Properties; Dividend Could Be Reduced by Around 20%. Downgraded to…
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August 2023 recap
UGI Mulls Separating Propane Business to Unlock Value, Potentially Causing Jump in Payout Ratio Dominion’s Strategic Review Nears End; Firm Remains Committed to Dividend Despite Rising Payout Ratio Labor Inflation and Higher-for-Longer Interest Rates Delay Healthcare Realty’s Payout Ratio Improvement Softening Furniture Demand Slows Leggett & Platt’s Deleveraging; Free Cash Flow Still Covers Dividend Value…
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Dividend Safe as Dominion Energy Wraps Up Strategic Review; Payout Ratio Above Target
Dominion Energy has been in the energy business since 1898. It’s one of the biggest utility companies in the U.S. and serves about 7 million customers in Virginia, the Carolinas, Ohio, and Utah electricity and gas. Dominion has steady and predictable income because it is regulated utility. Regulated utilities are like monopolies that are controlled…
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TC Energy intends to spin-off Pipelines business into separate company
TC Energy, a company that develops and operates energy infrastructure, announced that it plans to spin off its Liquids Pipelines business into a separate company. The decision was made after a two-year strategic review and is expected to be completed in the second half of 2024. The spinoff will create two independent, investment-grade, publicly listed…
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Make money from America’s self-storage addiction
It’s well known that Americans like to buy stuff. I know this first hand being an American with a wife that, I believe, single handedly pulled the United States out of the 2008/2009 Great Recession. Back when my kids were young and we lived in a modest 3 bedroom split-level in a Chicago suburb we…
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3 things I wish I knew in my 20s
I’m old. 56 to be exact. I didn’t start investing my money until I was in my mid 40s. And then I didn’t know much about what I wanted to do. I never learned anything about money from my parents and the only courses I took in school were accounting and economics. There was nothing…