7 Dividend Stocks to Buy NOW for Cash and Protection | Summary and Q&A

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May 17, 2022
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Let's Talk Money! with Joseph Hogue, CFA
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7 Dividend Stocks to Buy NOW for Cash and Protection

TL;DR

This video analyzes dividend stocks that provide cash flow and protect investments during market crashes.

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Key Insights

  • ๐Ÿ’ The market's volatility necessitates dividend stocks for cash flow and protection during downturns.
  • ๐Ÿ‘‚ A dividend screener on Stock Card helps narrow down the list of suitable dividend stocks.
  • ๐Ÿ‡น๐Ÿ‡ซ Gilead Sciences, Newmont Corporation, Altria Group, Amgen Inc, The Southern Company, Hasbro Inc, and Consolidated Edison are highlighted as reliable dividend stocks.
  • ๐Ÿ’ These dividend stocks offer stability, cash flow, growth opportunities, and potential protection during market crashes.

Transcript

hey bow tie nation joseph hog here in updating our dividend stocks portfolio the market has been crazy this year with the fed expected to raise rates through 2024 it might get worse before it gets better that means i wanted to put together a list of dividend stocks that not only puts cash in your pocket but is gonna protect your money in this video... Read More

Questions & Answers

Q: What is the purpose of the video?

The video aims to provide viewers with a list of dividend stocks that offer cash flow and protection during market downturns.

Q: How does the host create the dividend stock list?

The host uses a dividend screener on Stock Card to narrow down the list based on market capitalization, cash availability, history of dividend payments, and a dividend yield above three percent.

Q: Why does the host recommend Gilead Sciences?

Gilead Sciences is a strong dividend stock with a focus on HIV drugs, which ensures a reliable cash flow. The company's shares have been volatile but offer value at a low price-to-sales ratio.

Q: What sets Newmont Corporation apart as a dividend stock?

Newmont Corporation, the largest gold miner, has a strong cash flow story with ample reserves and a low all-in sustaining cost of production. The company benefits from rising gold prices, offering cash flow and dividend growth potential.

Q: How does Altria Group ensure stability and cash flow?

Altria Group, known for its cigarette business, maintains stable cash flows due to pricing strategies. Additionally, its investments in vaping and cannabis provide growth opportunities, making it a dependable dividend stock.

Q: What makes Amgen Inc a reliable dividend stock?

Amgen Inc has a robust pipeline of drugs and strong first-quarter results. The company's management reaffirmed its earnings guidance, making it stand out in a market with lower growth expectations.

Q: How does The Southern Company prioritize clean energy?

The Southern Company is a regulated electric utility that has been aggressive in transitioning to clean energy sources. Its focus on nuclear, natural gas, and renewables makes it a safer dividend stock.

Q: How does Hasbro Inc perform during market crashes?

Hasbro Inc, a toymaker, surprisingly performed well during the last stock market crash, with shares falling only 23%. The company also has near-term catalysts, such as potential changes prompted by activist investors.

Summary & Key Takeaways

  • The host introduces dividend stocks as a way to generate income and protect investments during market volatility.

  • The video shows a dividend screener on Stock Card and shares criteria for selecting dividend stocks.

  • The host highlights seven dividend stocks, including Gilead Sciences, Newmont Corporation, Altria Group, Amgen Inc, The Southern Company, Hasbro Inc, and Consolidated Edison.

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