“Security and stability are great again,” Louis Navlier wrote last week and that pretty much sums up our choices today. They provide solid income and capital gains growth, which is just what your portfolio needs in a market like we’re seeing these days.
Here are seven dividend stocks worthy of your investment capital as the long, hot summer approaches, inflation continues unabated and volatility appears to be the constant companion of retail investors:
|ribbon||a company||current price|
|BTT||Black Rock Municipal Trust Fund 2030 Target Range||USD 22.74|
|Main||Main Street Capital Corporation||$36.80|
|PBA||Pembina Pipeline Corporation||USD 40.36|
|STAG||STAG Industrial, Inc.||$32.09 USD|
|LTC||LTC Properties, Inc.||USD 35.58|
|SBR||Sabine Property Fund||USD 83.32|
|DX||Dynex Capital, Inc.||$16.16|
BlackRock’s 2030 Domestic Target Fund (BTT)
BlackRock Municipal 2030 Target Term Fund (NYSE:BTT) was liquidated within a few years. Investors who buy into this mutual fund early may get a good return on their money, such as trading municipal bonds at a discount to the net asset value. In the period between investing and the time of mutual fund expiration, a lot can happen with global economies. However, the stock price has shown remarkable stability through the worst of times.
BTT shares will invest at least 80% of their assets under management in municipal securities (635 as of March 31) that were at the time of investment of investment quality. While these purchases are diverse, 25% or more in MONEY can be in the same state (or US territory) or in the same economic sector. Essentially, the fund expects $25 per common share for its owners when the trust expires, on December 31, 2030, around the same time as the municipality’s obligations in the portfolio reach their final maturity date.
It is one of the countless funds being marketed by Black stone (New York Stock Exchange:BLK), founded in 1988, is a leading investment and asset management firm managing $10.01 trillion in assets. It has many institutional clients, including pension funds, governments, corporations, and insurance companies worldwide. BlackRock also caters to the retail market through its brokerage operations.
Monthly dividends are also an advantage to owning company stock. The annual EPS is 3.21%, and you can get it by buying shares at $23.17 per share.
Main Street Capital (Maine)
Main Street Capital (NYSE:MainA range of services for start-ups and mid-sized companies. They enable their clients to manage their portfolios, personal finance, payroll processing, etc.
Main Street Capital has been in the business since 2007. It provides loans, investments, equity and other financial services to its clients.
They invest their time building partnerships with sources of private capital before they put money in, helping companies grow or transform while providing a good return on investment.
Maine’s portfolio of companies has not fare well over the past two years. Many small businesses have been affected by pandemic-related shutdowns, reducing their capacity. The company persevered, and by late 2021, its stock price was back in full force.
As part of the dividend model, Main Street gives a modest monthly return to shareholders. He can issue special payments twice a year. Maintaining dividends at a certain level is key to maintaining positive price momentum in a volatile stock market. Fighting dangers and keeping your head above the water are key aspects of this business.
Pembina Pipeline (PBA)
Pembina Pipeline (NYSE:PBA) is responsible for operating the transportation and storage infrastructure for crude oil from the oil sands of northern Alberta, Canada, to the United States.
It is an example of how technology and innovation can change a country’s infrastructure. The company specializes in long-term, fixed-price commercial contracts. In return, the company gets a steady cash flow.
Pembina has a history of growing its dividend with consistent dividends. It has continued to expand its profits as it completes further infrastructure-wide expansions such as new energy projects. Pembina is currently building on achievements, including a secure backlog of projects and creating more to support future growth.
While Pembina continues to contribute to fossil fuels, it is investing in low-carbon projects. I’ve worked with another company on a CO2 transport and sequestration system to help Canada become more sustainable. Ford is exploring cleaner alternatives, such as hydrogen, to help maximize its profits in the coming years
STAG Industrial (STAG)
STAG Industrial (NYSE:STAGHe has managed industrial properties across the United States for over 50 years. They own 544 properties, giving them a significant presence in the market.
The pandemic has increased the demand for online shopping. This is because people are more inclined to shop online than in stores. The internet has made it easier and faster for consumers to buy products and brands, which means e-commerce is booming.
STAG Industrial is in a position to perform well while increasing demand for its services in the e-commerce and logistics space. This year, STAG is targeting capital investments of between $1 billion and $1.2 billion. With current rental income on its existing properties, STAG should continue to increase its monthly earnings.
LTC Characteristics (LTC)
LTC Properties, Inc. (NYSE:LTC) is a health care REIT fund. They focus on investing in high-quality seniors’ housing and skilled nursing facilities (SNFs – also referred to as nursing homes) with triple-net leases secured by private mortgage loans.
Aging is an increasingly important topic in modern society. Current data indicates that the US population will age even more in the coming decades. Thus, LTC is subject to secular trends, which helps to provide a stable income so that they can pay your dividends every month.
The pandemic hit the senior housing sector hard due to poor customer service and the inability of business owners to deal with it. This resulted in some renters who were struggling financially to file for bankruptcy. But this REIT was able to keep its profits while losing some money from selling some real estate. This has allowed it to maintain loyal shareholders and investors who see monthly profits.
With the epidemic conditions gradually improving, the economy and the industry, LTC Properties can achieve high profits soon. The investments, made by the company earlier, will also help in maintaining the growth of the company.
Sabine Property Trust (SBR)
Let’s take a look at stocks that specialize in equity and mineral interests. Sabine Equity Fund (NYSE:SBR) owns oil and gas properties across the United States, enabling it to generate healthy income for shareholders.
For several reasons, Sabine Royalty is well positioned to take advantage of rapidly growing energy and inflation trends. Long-term oil prices are expected to remain elevated, which will lead to higher demand for commodities and increased demand for minerals and metals.
In other words, the fund does not specifically generate profits; Instead, it’s a way for SBR stock investors to make money since it serves as a traffic medium. When a unit holder of a trust decides to sell their shares, they are essentially selling all of the accumulated cash flows (future royalties) and transferring that money to the units.
The fund produced stable and consistent annual distributions to investors. These are sensitive to the fluctuations of oil and gas, but their expenses are usually lower than other companies that focus on commodities.
Dynix Capital (DX)
Dynex Capital, Inc. (NYSE:DX) is a real estate investment trust that primarily invests in mortgage-backed securities (MBS) to create high-quality, dividend-producing stocks. The company pays investors an attractive dividend yield of 9.66%.
The markets are very volatile and a lot at the moment. Inflation, rising interest rates, and market volatility have made it difficult for business owners to make decisions with certainty.
Market volatility is a big problem for companies looking to invest. Business owners need to plan and know what they can expect from the markets in the coming years.
Are you always looking for trustworthy, proven and reputable companies? Dynex Capital is a company that deserves your attention. The company is organized so that all employees have a say in the decision-making process. Overall, this is a good result as it results in less conflict of interest among the various parts of the management team who, over the years, have built a proven track record of profitable investing. Therefore, it is a great stock to add to any wallet.
At the date of publication, Faizan Farooque did not (directly or indirectly) hold any positions in the securities mentioned in this article. The opinions expressed in this article are those of the author, and are subject to InvestorPlace.com Posting Guidelines.