Chasing the Yield
Investing for income through dividends and distributions
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Microsoft is now the favorite child of Washington D.C.?
When a congressional committee was preparing to publicly interrogate the CEOs of four tech giants in 2020, Microsoft Corp. President Brad Smith, whose employer wasn’t on the hot seat, gave the lawmakers a private briefing. When Australia proposed a law to force Facebook and Google to pay for news articles, Mr. Smith endorsed it and offered Microsoft’s Bing as an alternative. When…
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Kinder Morgan backed Ruby Pipeline files for bankruptcy
Kinder Morgan (KMI) has a current dividend yield of 5.71% and is rated as “Safe” by SimplySafeDividends. I hold KMI in my High Yield Portfolio. In total KMI is 1.9% of my portfolio. The Houston-based natural-gas pipeline company filed for bankruptcy voluntarily in the U.S. Bankruptcy Court in Wilmington, Del. Ruby, directly owned by Ruby…
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AT&T two-way trading begins April 4
Note the date of a special trading period for AT&T shareholders regarding the spinoff of Warner Media. AT&T (T) has a current dividend yield of 4.64% and is rated as “Safe” by SimplySafeDividends. I hold T in my Medium Yield Portfolio. In total T is 0.3% of my portfolio. This event is new to me…
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3M to spend over $160 million for Belgium plant remediation
3M (MMM) has a current dividend yield of 3.91% and is rated as “Safe” by SimplySafeDividends. I hold MMM in my Low & Medium Yield Portfolios. In total MMMis 1.1% of my portfolio. The St. Paul, Minn., manufacturing conglomerate said the investment is aimed at advancing remedial actions for the Zwijndrecht community near the city…
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Chevron employees strike at California refinery
Chevron (CVX) has a current dividend yield of 3.45% and is rated as “Safe” by SimplySafeDividends. I hold CVX in my Low Yield Portfolio. In total CVX is 0.7% of my portfolio. More than 500 Chevron Corp. employees went on strike at a refinery in California on Monday amid a contract stalemate. The strike comes after the…
