Chevron, one of the 6 oil majors, has a market cap comparable to XOM.
— perception:
But every stock in this category can be overvalued. Analog: You can worry about every college you are applying “It may lose its prestige after I enroll.”
— compared to other blue chips
“Realty Income, The Monthly Dividend Companyยฎ, is an S&P 500 company dedicated to providing shareholders with dependable monthly income.” — the company slogan
“Realty Income has been paying dependable monthly dividends throughout its 51-year operating history.”
https://www.realtyincome.com/about-realty-income/monthly-dividend-commitment/default.aspx has more details. Looks quite transparent and honest.
https://investmentu.com/realty-income-o-dividend-safety/ is a Oct 2020 analyst review of covid19, positive but not completely biased.
https://www.fool.com/millionacres/real-estate-investing/articles/is-realty-income-a-buy-nov-2020/ is another analyst review during covid19, positive but not completely biased.
— Q: dollar allocation?
A: 200 – 5000
— Watch out for infatuation signs
— why rated A without name recognition?
— T:US
Scenario — Suppose I progressively invest 6k. Dividend is currently $360/Y. Downturn … my 6k becomes 3k :(… I will hold and keep earning dividend, perhaps a paltry $120/Y… tolerable.
How to add up div received
— Hows does VZ compare?
— as compared to Energy12
— ENB
— (imprecise) qualifying criteria for A-list or ็ฒ็บง dividend stock: — steady dividend trec
Price? a secondary concern if you mostly focus on current income. Nevertheless, the price trend need to be reassuring, providing long-term confidence of “capital preservation” .. very similar to the criteria I shared with Tanko in my 10 Jan 2021 mail.
If the dividend trec gives us confidence, then the annual profit and free cash flow should protect the stock price. That is in theory, in my theory. Priceย in the real world is mostly supply^demand. I can only hope supply^demand catches up with the profit.
— avoid the mass market hot favorites
Similar to principles of value investing and my rEstate investing, I decide to deviate from the mass market norm and pick my own favorites.
My own picks are usually not among the market’s hot favorites like tech stocks. Hot favorites are usually overvalued.
— examples
— defining div*
https://www.streetinsider.com/dividend_history.php?q=xom shows stable dividend payout for decades.
Someone said XOM has increased its payout for more than 30 consecutive years.
https://www.fool.com/investing/2020/11/11/how-safe-is-exxonmobil-and-its-dividend/ is about XOM dividend safety during pandemic. XOM seems to be resilient, earning my “A” rating as a div stock
— other big oil stocks? See https://www.investopedia.com/articles/personal-finance/010715/worlds-top-10-oil-companies.asp
https://www.fool.com/investing/2019/10/22/1-high-yield-dividend-aristocrat-to-buy-now.aspx
As of Feb 2021, dividend has increased through 2020. CDY 5%