Many of my favorite dividend stocks are now on-sale! I'm excited to cover 2 more stocks that I plan on buying in 2025. In fact, I'm already buying 1 of them right now. I also share my dividend strategy for 2025 and beyond.
#dividend #stock #investing
Timestamps:
0:00 INTRODUCTION
0:12 Stocks that I buy must satisfy 2 key criteria. 1) The stock must be on-sale. 2) The stock must fill a strategic need in my portfolio.
1:47 I believe 2025 could be a great year for me, as a dividend stock investor. (I'm seeing quality positions on-sale.)
2:53 SEGMENT 1: MY 7 STRATEGIC DIVIDEND STOCKS FOR 2025
3:08 SCHD is my top priority for 2025. It's now 3.2% of my portfolio because I sold Hawaiian Electric (HE) and redeployed the funds into SCHD. I'm hoping to hit 6% to 9% by the end of 2025.
4:38 Pfizer (PFE) Only 0.8% of my portfolio, but goal is no more than 2%. I see risk.
5:01 Realty Income (O) It's at 4.2% of my portfolio, but I'd like to see it at 5% or 6% of my portfolio.
5:28 Check out my Patreon in the pinned comment.
6:15 Johnson & Johnson (JNJ) and PepsiCo (PEP) - I'm adding just a little to keep them at size, as I add to other positions.
7:57 SEGMENT 2: THE 2 NEW POSITIONS I'M ADDING TO MY BUY LIST FOR 2025
8:09 STOCK 1: CHEVRON (CVX) - It's 1% of the portfolio, I want to get it up to 3% or 4%.
9:28 STOCK 2: ALPHABET (GOOGL) - It would be a net new stock.
11:05 SEGMENT 3: CVX AND GOOGL DEEP DIVE11:30 CVX has a forward PE in the 13s for 2024 (12s for 2025)
12:07 I think the market is wrong about CVX.
12:25 Chevron plans to grow free cash flow at 10% annually.
13:22 The PE is in the 13s, but FCF is growing at 10% annually. This seems like a value to me.
14:31 CVX is growing the dividend by 6.49% per year, on average.
15:09 Single company risk is real in the energy sector.
16:47 GOOGL is trading at a forward PE of 24 for 2024. This is a little higher than the S&P forward PE, but cheaper than many other tech stocks.
17:18 GOOGL initiated a dividend! It's only 0.42%, but there is room for growth.
18:51 SEGMENT 3: SUMMARY OF MY DIVIDEND INVESTING STRATEGY
19:26 My thoughts on capital appreciation vs. dividend stock investing.
20:48 The S&P 500 has a current PE of 27+ and a forward 22+. I don't feel comfortable investing that way, even with a lot of perceived growth.
21:25 I don't need a higher return!
23:08 DISCLOSURE AND DISCLAIMER
DISCLOSURE: I am long SCHD, Pfizer (PFE), Realty Income (O), Johnson & Johnson (JNJ), PepsiCo (PEP), Chevron (CVX), and IBM (IBM). I own this ETF and these stocks in my personal dividend stock portfolio. I am also long Treasuries. I also plan to initiate a position in Alphabet (GOOGL) at some point.
DISCLAIMER: All information and data on my YouTube Channel, blog, email newsletters, white papers, Excel files, and other materials is solely for informational purposes. I make no representations as to the accuracy, completeness, suitability or validity of any information. I will not be liable for any errors, omissions, losses, injuries or damages arising from its display or use. All information is provided AS IS with no warranties, and confers no rights. I will not be responsible for the accuracy of material that is linked on this site.
Because the information herein is based on my personal opinion and experience, it should not be considered professional financial investment advice or tax advice. The ideas and strategies that I provide should never be used without first assessing your own personal/financial situation, or without consulting a financial and/or tax professional. My thoughts and opinions may also change from time to time as I acquire more knowledge. These are, as discussed above, solely my thoughts and opinions. I reserve the right to delete any comments for any reason (abusive in nature, contain profanity, etc.). Your continued reading/use of my YouTube Channel, blog, email newsletters, whitepapers, Excel files, and other materials constitutes your agreement with and acceptance of this disclaimer.
COPYRIGHT: All PPC Ian videos, Excel files, guides, and other content are (c) Copyright IJL Productions LLC. PPC Ian is a registered trademark (tm) of IJL Productions LLC.
