Here’s our Income-Seeking Portfolio for December 2023

Article Excerpt

You Can See Our Income-Seeking Portfolio For December 2023 Here. This month we update our Portfolio for Income-Seeking Investors. In light of the current market volatility, investors are paying more attention to dividend yields (dividends paid per share divided by the current stock price). As well, dividend-paying companies are once again raising their payouts as the economy recovers from the COVID-19 lockdowns. It’s been more than 20 years since you could assume that dividends would contribute up to a third of your long-term investment returns, even before the tax-cutting effects of the dividend tax credit. But now that yields have moved up, it’s realistic to assume that dividends will once again contribute as much as a third of your total return. Note that this Portfolio is a little different from our Conservative Growth Portfolio in that we break down our Utilities stocks by industry: Telecommunication, Pipelines and Electric companies. Each industry faces its own challenges. To cut your risk, be sure to spread your Utility investments…