SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Dividend Growth Investing and chit chat.

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
From: rnsmth12/18/2021 10:31:55 PM
5 Recommendations

Recommended By
MinionMom&MarineWife
OneDonatoOne
R.Daneel.Olivaw
Tam3262
Top Of The World Ma

  Read Replies (2) of 2146
 
I am considering selling all the DUK I own (2.2% of portfolio) and replacing it with D.

DUK 5 year DGR is 3%, most recent was 2.1%.

D's most recent is 6%. Here is a bit from the Simply Safe Dividend note when D was upgraded back into the Safe range

"By focusing on its higher-growth utility businesses and clean energy investments, Dominion expects to deliver long-term earnings and dividend growth rates of 6.5% and 6%, respectively. "

Double the dividend growth, reasonably close to the same yield, DUK's is 3.82%, D's is 3.48%.

I think it would be a move that would strengthen our portfolios dividend growth, and move those dollars into the range of my goal of moving toward mid-yield companies with dividend growth in the average to very fast range.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext