Topics
VERIZON COMMUNICATIONS INC. $34 is still your #1 Income Buy for 2023. The telecom provider (New York symbol VZ; Income Portfolio, Utilities sector, Shares outstanding: 4.2 billion; Market cap: $142.8 billion; Price-to-sales ratio: 1.1; Dividend yield: 7.8%; TSINetwork Rating: Average; www.verizon.com) is the second-largest wireless carrier in the U.S....
Concerns over high interest rates and their impact on loan demand and writeoffs have hindered the shares of the big banks. That’s partly why we recommend investors diversify their holdings with non-bank companies that serve niche segments of the finance industry....
Pfizer recently cut its outlook for 2023 due to declining demand for its COVID-19 vaccines and treatments. However, the company is using the huge profits it earned on those products to buy other drugmakers with promising products.


We feel these moves, as well as Pfizer’s own highly successful research efforts, set it up for many more years of rising sales and earnings....

You Can See Our Income-Growth Dividend Payer Portfolio For November 2023 Here.


You can’t fake a record of dividends....
EMERA INC. $46 is a buy. The company (Toronto symbol EMA; Income-Growth Portfolio, Utilities sector; Shares outstanding: 256.5 million; Market cap: $11.8 billion; Dividend yield: 6.2%; Dividend Sustainability Rating: Highest; www.emera.com) owns 100% of Nova Scotia Power, that province’s main electricity supplier....
Shares of Pembina Pipeline dropped to $26 at the onset of COVID-19 lockdowns, but they have now rebounded to pre-pandemic levels. We feel the stock will keep moving higher over the next few years, as new projects fuel a growth in cash flow. That higher cash flow will also let Pembina keep raising your dividend.


PEMBINA PIPELINE CORP....
AT&T INC. $15 is a buy. The company (New York symbol T; Income-Growth Portfolio, Utilities sector; Shares outstanding: 7.1 billion; Market cap: $106.5 billion; Dividend yield: 7.3%; Dividend Sustainability Rating: Above Average; www.att.com) is the largest cellphone carrier in the U.S., with 235.6 million subscribers....
WYNDHAM HOTELS & RESORTS INC. $73 is a buy. The company (New York symbol WH; Cyclical-Growth Portfolio, Consumer sector; Shares outstanding: 84.3 million; Market cap: $6.2 billion; Dividend yield: 1.9%; Dividend Sustainability Rating: Average; www.wyndhamhotels.com) is the world’s largest hotel franchiser, with 9,100 hotels in more than 95 countries.


Wyndham last raised your quarterly dividend by 9.4% with the March 2023 payment to $0.35 a share from $0.32....
NUTRIEN LTD. $77 is a buy. The company (Toronto symbol NTR; Cyclical-Growth Payer Portfolio, Resources sector; Shares outstanding: 520.2 million; Market cap: $40.1 billion; Dividend yield: 3.8%; Dividend Sustainability Rating: Above Average; www.nutrien.com) is the world’s largest producer of agricultural fertilizers: it ships about 27 million tonnes annually.


Nutrien last raised your quarterly dividend with the April 2023 payment....

Rising interest rates and inflation give consumers less money to spend. However, these two retailers sell mainly food and other essential items. That cuts their risk and should let them keep raising their dividends.


WALMART INC. $163 is a buy. The company (New York symbol WMT; Conservative Growth Dividend Payer Portfolio, Consumer sector; Shares outstanding: 2.7 billion; Market cap: $440.1 billion; Dividend yield: 1.4%; Dividend Sustainability Rating: Highest; www.walmart.com) is the world’s largest retailer, with 10,482 outlets in 19 countries.


With the April 2023 payment, Walmart raised your quarterly dividend by 1.8%....