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3 dividend stocks I’ll buy right now

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3 dividend stocks I'll buy right now

When stock market volatility drives me crazy, I find solace in dividend stocks. Or rather, I am comforted by high dividend stocks that I know will pay me a decent amount no matter what the market does. And there’s nothing better than packing some of these top-notch dividend shares while they continue to perform well and lag behind the broader market, despite visible growth catalysts ahead. Here are three of these promotions that have caught my attention lately.

Not all retail is in landfills

Real estate income (NYSE: O) inventories have dropped by about 12% since the beginning of the year. With a dividend yield of 4.3%, I find this to be an attractive starting point.

With the closure of retail businesses due to the coronavirus (COVID-19) quarantine, Realty Income’s business should have suffered. After all, most renters own retail stores.

However, the nature of these tenants, their sheer number, and Realty Income’s business style saved the company from unpleasant turmoil. Where is the proof? In August, Realty Income collected 93.5% of rents, up from 87.8% in June.

You see, most Realty Income tenants operate in a non-discretionary business that is in strong demand. Think about dollar stores, convenience stores, and drug stores. Top 5 tenants today Walgreens, 7-Eleven, Dollar general, FedExand Dollar tree… In total, Realty Income has about 600 tenants, making it a high quality diversified portfolio.

The more important reason Realty Income was able to weather the storm is because it real estate investment fund, that is, he buys commercial real estate and rents it out. These are long term leases, usually 10 to 20 years. Plus, they are all triple rentals, which means that renters cover costs like maintenance and insurance, while Realty Income just collects the rent. They also have built-in annual rental escalators. Historically, rental income for the same Realty Income store has increased by 1–1.5% annually.

It is a flawless business model for generating stable income, and Realty Income is also supporting growth through new real estate acquisitions. Management plans $ 1.25 billion to $ 1.75 billion in acquisitions for 2020.

Here’s what I love the most: the fact that the predictable monthly rent payments that Realty Income collects can easily support monthly dividends. Yes, Realty Income has been cutting the monthly check and increasing its dividend every year since it went public in 1984. With the opening of the economy, I love where Realty Income is now.

10% energy reserve? Yes please

With an oil market crash hitting oil and gas stocks this year, it’s no surprise that Enterprise product partners (NYSE: EPD) As of this writing, the stock has lost almost 39% YTD, bringing the dividend yield to a whopping 10.2%.

I tend to steer clear of sky-high-yield oil stocks today, but Enterprise Product Partners’ dividends look safe, especially after medium flow energy company decision to cancel the M2E4 pipeline project taking into account the current circumstances, which do not require additional pipeline capacity.

Now that the project has been canceled, Enterprise expects its projected growth capital expenditures to drop $ 800 million through 2022. The company will use this money instead to reduce debt and reward shareholders in the form of share buybacks. The timing couldn’t have been better. While management did not mention dividends, it is likely that shareholders will be offered a dividend increase this year, however small, in order to maintain their annual dividend growth record of over 20 years.

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Potential dividend growth, 10% plus yield, strong financial results, and a largely fee-based business that largely protects the company from oil price volatility, all of which really brought my attention to this energy dividend stock.

I see an underestimated stock of coronavirus here

Would you consider buying medical equipment it is already promoting its COVID-19 vaccine candidate for phase 3 trialsbut this year is hardly in the green zone? What if I also told you that this is not an ordinary company, but a company with a rich 130-year history and top-notch brands in the fields of consumer health, pharmaceuticals and medical devices? Oh and this promotion too Dividend Kingincreasing dividends every year for over 50 consecutive years?

Sounds tempting, right? it Johnson and Johnson (NYSE: JNJ) for you – one dividend share, which I will accumulate for many years.

Under the current circumstances, the pace at which Johnson & Johnson is working in the race to produce the coronavirus vaccine may be reason enough for many to buy stock. By the end of September, everything is ready to launch the third phase. But there are many other compelling catalysts that are hard to ignore.

An extremely diversified portfolio of 26 products or brands that generate at least $ 1 billion in annual sales, an impressive biotech flow, and an impeccable track record of free cash flow and dividend growth over decades make Johnson & Johnson the top choice for revenue. investors. And do not forget with what aggression the company is growing: it is going to acquire Momenta Pharmaceuticals (NASDAQ: MNTA) for 6.5 billion dollars to take a big step forward in immunology.

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With 58 years of dividend growth and a 2.7% yield, I think Johnson & Johnson’s stock will sell if bought today.

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Economy

In which municipalities are houses more expensive? And where do they cost less?

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In which municipalities are houses more expensive?  And where do they cost less?

The average value of a bank valuation of housing in Portugal, published this Thursday by the National Statistical Institute (INE), was 1,285 euros per square meter (m2) in December, and the value was higher in the Algarve and Lisbon metropolitan area (AML). than the national average. Not surprisingly, six of the ten municipalities with the most expensive square meter are in the AML and three in the Algarve.

The median value of the bank’s valuation in December reached 1,285 euros, which is 13 euros more than in November. Compared to the same month in 2020, the rate of change was 11.2%, the same as in November.

The historical INE series since 2011 leaves no room for doubt: the residential real estate market is hot, and housing bank valuations have never been higher.

Trends in median bank valuation in Portugal

Since August 2021, the average cost of bank housing has been steadily increasing. 1285 euros per square meter, registered in December, marks a new historical high in Portugal.

If we want to see a decline in the index, we need to go back to March 2020 – the month when the first case of Covid-19 was reported in Portugal – when the median fell from 1,111 euros per m2 (in February). until 1110 (in March).

Which municipalities have the highest housing ratings?

Lisbon is by far the municipality where the banks have priced the houses with the highest average value: 3,215 euros per m2. In the capital, the difference is more than 700 euros for the municipality in second place, Oeiras (2466 euros per m2), and the difference is more than 1400 euros for the last of the 10 municipalities where houses are more expensive, Loures (1791 euros). ).

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In this “top ten”, in addition to Lisbon, Oeiras and Loures, we find three more municipalities belonging to the AML: Cascais (2,427 euros per m2), Odivelas (1,877) and Amadora (1,821).

In addition to the AML municipalities, the Algarve has three municipalities – the region with the highest average (€1731 per m2, followed by AML since 1701): Loulé (€2160), Albufeira (1956) and Lagos (€1843). ).

Outside the Algarve and the AML, only Porto is in the top 10 with an average cost of 2,116 euros per m2.

In general, in all these ten municipalities, the median value of the bank’s valuation has increased compared to November.

Which municipalities have the lowest ratings?

Seia is the municipality that registered the lowest bank valuation of houses per m2 in the country in December: 570 euros per m2. It is followed by Fundão, where a square meter was valued at 585 euros.

Most of the municipalities in the “top 10” cheapest m2, such as Seia and Fundau, belong to the central region – the region that has the second lowest median value after Alentejo (904 and 867 euros per m2, respectively). : Guarda (686), Alcanena (669), Abrantes (623) and Entroncamento (661). In fact, Guarda is the only regional center that is among the municipalities with the lowest values ​​per m2.

From the Alentejo we find Elvas and Ponte de Sor with very similar prices (741 and 740 euros per m2 respectively) and from the north we have Celorico de Basto and Lamego with 657 and 699 euros per m2 respectively.

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Compared to November, only in Elvas, Entroncamento, Abrantes and Fundão did the median increase. In Seiya, the value remained, while in Celorico de Basto and Guarda, the value fell.

In Alcanene, Lamego and Ponte de Sor it is not possible to compare with November as INE does not have data for these municipalities for that month. In Ponte de Sor and Alcanena, the last month for which data is available is August, with the value increasing in Ponte de Sor and falling in Alcanena. In Lamego, the last available value is in September, with the average value per m2 decreasing compared to that month.

When comparing Seia and Lisbon, the difference between these two municipalities, which are about 300 kilometers apart, is more than 2,600 euros per m2.

Note. Of the 308 Portuguese municipalities, 168 are missing data for December, so this analysis is based on the values ​​of only 140 municipalities.

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Economy

D. Luís vendido por mais de 45 milhões de euros – Imobiliário

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D. Luís vendido por mais de 45 milhões de euros - Imobiliário

O fundo de investimento americano Principal comprou o edifício de escritórios D. Luís, em Lisboa, por 45.25 milhões de euros.

Em menos de cinco anos este edificio valorizou cerca de 16 milhões de euros. Em maio de 2017, o D. Luís, que fica na Rua do Instituto Industrial, junto à Av. 24 de julho, foi comprado pelo Rockspring Property Investment Managers LLP, fundo de investimento sediado em Londres, por 29 milhões de euros.

Posteriormente, o Rockspring foi adquirido pelo grupo de investidores alemão Patrizia que agora alienou o edifício ao Principal Real Estate Investors, que faz parte da Principal Global Investors.

O D. Luís conta com sete andares, uma área de 10.279 m2, com lojas e espaços de lazer e 146 lugares de estacionamento e está totalmente ocupado por várias empresas. Farfetch que ocupa uma área aproximada de três mil m2 nos pisos 2 e 3 do edifício. Tambémé no D. Luís que está a funcionar a multinacional americana Sitel, ocupando três pisos e um ginásio do Fitness Hut.

Até 2015 o D. Luís foi propriedade do Millennium BCP e era ali que funcionavam os serviços de backoffice do banco, até serem transferidos para o Tagus Park, em Oeiras.

Este é o segundo investimento da Principal em Portugal que acredita assim conseguir uma melhor distribuição dos seus ativos pela Europa, sendo que o grupo de investidores americano já marca presença em oito países europeus.

Além disso, escreve em comunicado Sebastian Lietsch, director de gestão de fundos da Principal Real Estate na Alemanha, as características do edifício ea sua localização “estão em linha” com a estratégia da empresa que procura investir em mercados “que têm vindor a crescer em termos demográficos, quer em inovação ou em negócios globais”.

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Também Irina Va, gestora sénior de transações e ativos da Principal Real Estate, sublinha que a localização do D. Luís é “tradicionalmente uma zona turística e residencial”, próxima da margem do rio Tejo sendo “uma zona comercial em expansão que se tornou popular entre os ocupantes de escritórios nacionais e internacionais à procura de espaço moderno”.

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Economy

The deficit is reduced by 2.8 billion euros. The government approved a new budget gloss – State budget

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The deficit is reduced by 2.8 billion euros.  The government approved a new budget gloss - State budget

The budget deficit decreased by 2,862 million euros in 2021 compared to the previous year in government reporting in terms of cash. The result now allows the government to assume that it has more than met its budgetary targets for the “sixth year in a row”. The information was disclosed this Thursday by the Treasury Department in a statement sent to the newsrooms.

Once again, the covid-19 pandemic did not stop the Socialist Executive from registering a new “budget brilliance”. João Leão, finance minister, closed 2021 with a deficit below the target of 4.3% of GDP, which was set in the state budget. And this despite the fact that last year was marked by an unexpected severe restriction in the first quarter.

“The evolution of the government account balance allows us to expect that the national account deficit in 2021 should be significantly better compared to 2020 (5.8%) and below the limit set for 2021 (4.3%), thus fulfilling the sixth times in a row, budget indicators,” the Ministry of Finance said in a statement.

The official deficit figure is calculated later by the National Statistical Institute (INE), but the cash clearing of the accounts, which is the responsibility of the General Office of the Budget, already allows for preliminary estimates.

The DGO Bulletin will be available at a later date, while the government is awaiting some numbers and conclusions. In public accounts, the budget deficit fell to 8.794 million euros. The improvement over 2020 is “attributable to revenue growth of 9.3% above spending growth of 5.2%,” it said.

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This “significant improvement in earnings is the result of a strong recovery in the economy and employment in particular,” explains the finance department. Spending, on the other hand, rose due to emergency measures to support the economy and increased spending by the National Health Service.

Emergency assistance to companies and families amounted to 7,437 million euros, and the amount provided through Social Security exceeded the amount provided for in the state budget by more than 1,100 million euros, the government guarantees. Over the past few years, parties on the left have accused the executive branch of failing to fully implement what it has budgeted and made possible in the Assembly of the Republic.

SNS with over 800 million euros

In terms of spending, the government notes an increase in spending on the National Health Service by more than 800 million euros compared to 2020. This increase is largely justified by an increase in personnel costs (by 317 million euros) as well as an increase in expenses for additional diagnostics (by 177 million euros). This section includes, for example, tests for covid-19. Personnel costs reflect the employment of 2,441 employees more than in the same month of the previous year.

In addition to these additional costs for SNS, there is also the cost of vaccines against covid-19, which amounted to 200 million euros.

Income blamed for recovery in economic activity

Revenue from taxes and contributions rose 6.3%, “reflecting the resumption of economic activity,” the government said. Tax receipts increased by 5.6% and social security contributions increased by 8% “as a result of a favorable evolution of the labor market”.

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But it is also worth noting “a significant increase in non-tax and non-insurance revenues (25.6%), largely due to the anticipation of funds under the Instrument for Assistance in Restoring Cohesion and Territories in Europe (EU REACT) and the Recovery Fund and Resilience Plan (PRR)”, — suggests the government. These funds have already entered the state treasury, but have not yet been spent.

Public investment rises, late payments fall

The government also notes the results of public investment. Growth was 27.7% in government reports, which management attributed to “the expansion of metro networks, the Ferrovia2020 investment plan and the impact of the digital school universalization project.”

The National Accounts estimate of growth at 27%, “a figure very close to the budgeted figure and the highest in a decade,” seizes the opportunity to move the government forward in an effort to address another of the recurring criticisms. opposition parties that complain about unfulfilled promises in this area.

(News updated at 16:19)

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