Chevron Corp.

New York symbol CVX, is the second-largest integrated oil company in the United States after ExxonMobil. Production accounts for about 80% of its earnings. The remaining 20% comes from refineries and retail gas stations.

PFIZER INC., $26.59, New York symbol PFE, is a buy.

The company is one of the world’s largest makers of prescription drugs. Its top-selling brands include Enbrel (arthritis), Ibrance (breast cancer) and Prevnar (pneumonia).

With the March 2025 payment, Pfizer will raise your quarterly dividend by 2.4%....
PFIZER INC., $26.37, New York symbol PFE, is your #1 Income Buy for 2024.

The company is one of the world’s largest makers of prescription drugs. Its top-selling brands include Enbrel (arthritis), Ibrance (breast cancer) and Prevnar (pneumonia).

With the March 2025 payment, Pfizer will raise your quarterly dividend by 2.4%....
Oil giant Chevron recently won U.S. regulatory approval for its deal to buy smaller rival Hess Corp. While expanding by acquisition adds risk, the new operations will add several promising properties to Chevron’s reserves. The extra cash flow will also let the oil giant keep raising your dividend—something it’s done each of the past 37 years.


CHEVRON CORP....

CHEVRON CORP. $144 is a buy. The integrated oil producer (New York symbol CVX; Cyclical-Growth Dividend Payer Portfolio, Resources sector; Shares outstanding: 1.8 billion; Market cap: $259.2 billion; Dividend yield: 4.5%; Dividend Sustainability Rating: Above Average; www.chevron.com) raised your quarterly dividend by 7.9% with the March 2024 payment....

Dividend-paying companies have done well over the longer term, although the recent performance of this group lagged the main market indexes. That’s because higher interest rates on fixed-income investments made their dividends less attractive to income investors....
Corteva offers you exposure to key agricultural growth areas given its leadership in the corn and soybean markets and its strong position in crop protection products. While those markets can be volatile due to weather and economic conditions, the company’s size, geographic and product diversification, and solid balance sheet mitigate those risks.

Note that the stock, itself, is a spinoff....
Here’s Part Two of the letter I sent to our Portfolio Management clients in August 2024:

Modern bureaucrats at work

Max Planck (1858-1947) was a German theoretical physicist who originated quantum theory, for which he won the 1918 Nobel Prize....
TORONTO-DOMINION BANK, $77.84, Toronto symbol TD, remains a buy for patient, income-seeking investors.

With the January 2024 payment, TD raised your quarterly dividend by 6.3%. Investors now receive $1.02 a share instead of $0.96. The new annual rate of $4.08 yields a solid 5.2%.

The bank has agreed to pay a fine of $3.09 billion U.S....
Here’s Part One of the most-recent letter I sent to our Portfolio Management clients in August 2024:

“In July 2024, I commented in our weekly Inner Circle Question & Answer Report that a lot of changes are now going on in the world, particularly in U.S....
ALPHABET INC., Nasdaq symbols GOOG $164.52 [class C: non-voting] and GOOGL $163.24 [class A: one vote per share], is your #1 Aggressive buy for 2024.

The company is the parent of Google, the world’s leading Internet search engine—it handles over 80% of global search requests....