I have my eyes on a few stocks and have already bought a few. It’s been hard recently finding good companies at the markets overall valuation. To me dividends are important. So this is a must considering I’m building a cash generation machine.
I’m trying to find stocks at bargain/cheap prices. Not exactly solid companies that are trading fairly. Not you’re usual dividend aristocrats like ABBV, T, MMM, KO, etc.
The ones that are being over looked and hopefully trading at historical lows.
Lately I personally have been looking at or have bought:
REYN: Reynolds Consumer Products. Pretty new publicly, but have been around for sometime. They make more notably Reynolds wrap. Pretty decent brand for its category. Boring company but can easily pay out dividends for the foreseeable future presumably. Modest dividend of about 2%.
TDS: Telephone and Data Systems. The own the majority of US cellular. And have standard land line style phone business. Not one of the big boys in the sector. But I’m sure they’ll get a piece of the pie. Pretty nice dividend a bit under 4%. I’m bullish especially with 5G emerging.
ED: Consolidated Edison. Typical boring utility stock. But the sector is arguably one of the ‘safest.’ Most of the sector is still pretty fairly priced. But ED has gotten beat up lately and they seem much too cheap. And they have a solid 4.5% or so dividend.
PBI: Pitney Bowes. I’m getting really close to buying into this company. I’m just waiting for a bit of a price cool off. (Hopefully.) pretty small company but they deal with shipping/packaging services and general e-commerce stuff. Considering shipping needs seem to be increasing they seem to be a good pick. Plus they seem to have a descent relationship with the USPS as a supplier. And have roughly a 2.3% dividend
These are a few I’m looking at or have bought. I’m interested in what you guys think and which buried, tucked away value dividend stocks you’re looking at that are trading at juicy prices.
Submitted February 25, 2021 at 11:56PM by Lingweenie2 https://ift.tt/3pRBa5v
