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7 Reliable Dividend Stocks to Buy for Your Golden Years

Whether its crypto or stable coins or electric vehicles, cannabis or other hot sectors, the fact is there’s a lot of momentum in new disruptive stocks….

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This article was originally published by Investor Place

Whether its crypto or stable coins or electric vehicles, cannabis or other hot sectors, the fact is there’s a lot of momentum in new disruptive stocks. That’s great for the short term. But for long-term investors, dividend stocks still need a significant place in your portfolio.

And that’s more important now than ever.

Inflation is becoming the hot new word when it comes to the economy and the markets. Initially, the Federal Reserve said that inflation was “transitory,” meaning it was going to fade after an initial spike. But now, the view is becoming more long term. Supply chain and energy issues are indicating inflation will be with us for a while.

The dividend stocks here don’t have inflation-beating dividends, but they do have a solid growth component as well. And they are solid long-term investments to underpin your growth picks, no matter how aggressive. You can also reinvest the dividends to add to your positions if you don’t want the cash.

  • Raymond James Financial (NYSE:RJF)
  • Cincinnati Financial (NASDAQ:CINF)
  • EOG Resources (NYSE:EOG)
  • Prudential Financial (NYSE:PRU)
  • Blackstone (NYSE:BX)
  • Marsh & McLennan (NYSE:MMC)
  • Robert Half International (NYSE:RHI)

Dividend Stocks: Raymond James Financial (RJF)

Source: Shutterstock

This financial services firm goes back nearly six decades and continues to grow its services and global reach. For our purposes, what’s most compelling about this dividend stock is the fact that it has 135 consecutive quarters of profitability under its belt.

That’s a sturdy company, especially in a volatile sector. It also means its dividend is very reliable. Granted, at 1%, it’s not a staggering dividend yield, but given the stock is up 58% year-to-date, it shows RJF is shareholder friendly.

The firm has slightly more than $1 trillion assets under management. That kind of global reach and market presence helps keep the firm big but also agile. That’s going to be important in quarters to come.

This stock has an ‘B’ rating in my Dividend Grader.

Cincinnati Financial (CINF)

Stock market or forex trading graph and candlestick chart suitable for financial investment concept. Economy trends background for business idea and all art work design. Abstract finance background.Source: Shutterstock

In today’s market, it’s not unusual to see a relatively conservative company like a leading insurer have 41% gains YTD. But usually that comes with a significant price-to-earnings ratio to match.

The hope is, the stock will grow fast enough to lower that P/E by growing its earnings at a healthy clip. But for CINF stock, its current rally still leaves it with a current P/E just below 8x. That’s right, a 41% run in the stock, yet the P/E remains in the single digits.

That means there’s still a lot of value left in this stock. And beyond the growth, it also offers a 2% dividend, which can be reinvested into the stock or rolled over into a money market. Either way, this is a great stress-free dividend stock with strength and durability.

This stock has an ‘A’ rating in my Dividend Grader.

Dividend Stocks: EOG Resources (EOG)

Image of an oil filed at the Permian Basin.Source: FreezeFrames / Shutterstock.com

With a $55 billion market cap, EOG is a good-sized upstream oil and gas company. Upstream companies are also called exploration and production (E&P) companies. They discover and drill for oil and natural gas.

Most of EOG’s production operations are in the U.S. shale regions. It’s one of the top producers in the Eagle Ford shale and has other operations in the Permian Bakken and other shales around the country.

With energy prices on the rise, EOG stands to benefit significantly and the stock reflects that — it’s up 80% YTD. And it still has a current P/E of 18x. What’s more, it’s still a quality dividend stock. EOG stock delivers a 3.1% dividend, even after its big run.

This stock has an ‘A’ rating in my Dividend Grader.

Prudential Financial (PRU)

Prudential logoSource: JHVEPhoto / Shutterstock.com

Like previous pick CINF, PRU is an insurer that also uses its cash for other opportunities like mutual funds and annuities. Its lineage goes back to 1875. And its business now extends to more than 40 countries.

When you have an operation that has been able to grow for nearly 150 years, you have hit on a very stable organization that understands long-term planning and discipline. It hasn’t been lured down sexy paths for quick money fads. It sticks to its tried and true practices and continues to modernize to stay competitive.

This is a good market for PRU. On the insurance side, all the cash and cash equivalents it has for paying out claims sit in U.S. Treasuries. As yields go up, PRU makes more money it can deploy in other more lucrative areas.

PRU is also one of the more reliable dividend stocks in the sector. And it’s generous. Currently, PRU stock has gained 44% YTD, yet it has a P/E of 6x and has a 4.2% dividend.

This stock has an ‘B’ rating in my Dividend Grader.

Dividend Stocks: Blackstone (BX)

A sign for Blackstone (BX) hangs on a white wall.Source: Isabelle OHara / Shutterstock.com

As one of the leading asset management companies in the world, BX has been very busy recently. Basically BX buys companies or creates funds in specific sectors and then manages these assets until it sells them off for a profit or runs them as part of its assets.

It has been one of the leading leveraged buyout companies in the world over its nearly four decades in the business. It currently has a market cap of $167 billion and the stock has gained a stunning 130% YTD.

Yet even after all that success, it still trades at a P/E of 19x. And while it’s not one of the more generous dividend stocks, it has a sturdy 2.5% dividend. The current market will likely see a lot more activity from BX and its peers in coming quarters.

This stock has an ‘A’ rating in my Dividend Grader.

Marsh & McLennan (MMC)

Man in suit with hands over paper cutouts of family, car and home. Represents insurance.Source: thodonal88 / Shutterstock.com

While the origins of MMC go back 150 years in Chicago, it officially became its current self in 1906. Fundamentally, it’s an insurance and reinsurance company with a consulting and risk management division as well as mutual fund company. In 1970, it bought Putnam Investments fund family.

You might not be familiar with the company since it operates its divisions under different names and it’s really a corporate-facing insurance broker. Actually it’s one of the largest insurance brokers in the world.

Its platform of business units have continued to keep MMC in the top half of the Fortune 500 for decades. And it has been doing well this year. It has gained 48% YTD yet still distributes a practical 1.3% dividend.

This stock has an ‘A’ rating in my Dividend Grader.

Dividend Stocks: Robert Half International (RHI)

The Robert Half International logo on the website homepageSource: Casimiro PT / Shutterstock.com

After WWII the U.S. economy was opening up again. New businesses and new industries meant one thing to Robert Half: the need for accountants was going to take off. So, in 1948 he started a placement agency for accountants.

By the 1980s RHI had expanded its hiring agency model beyond accountants. And today, it has hundreds of offices in 18 countries. It’s also one of the top recruiters in the U.S. at a time when employees are in great demand.

Obviously the employment market is cyclical but RHI has been wise about broadening its base to include counter-cyclical sectors as well as popular ones. And in both expanding and contracting markets temp workers are always in great demand.

The stock is up 90% YTD, yet it has a P/E of just 25x. And it still has a steady 1.3% dividend.

This stock has an ‘A’ rating in my Dividend Grader.

On the date of publication, Louis Navellier has positions in RJF, CINF and EOG in this article. Louis Navellier did not have (either directly or indirectly) any other positions in the securities mentioned in this article. The InvestorPlace Research Staff member primarily responsible for this article did not hold (either directly or indirectly) any positions in the securities mentioned in this article.

The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com Publishing Guidelines.

Louis Navellier, who has been called “one of the most important money managers of our time,” has broken the silence in this shocking “tell all” video… exposing one of the most shocking events in our country’s history… and the one move every American needs to make today.

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Economics

Euro jumps on corona fears

The euro has reversed directions on Friday and has posted considerable gains. EUR/USD is trading at 1.1289 in Europe, up 0.75%. The euro is benefitting…

The euro has reversed directions on Friday and has posted considerable gains. EUR/USD is trading at 1.1289 in Europe, up 0.75%. The euro is benefitting from fears of a Covid variant that has spread across South Africa and is was detected in Hong Kong today.

Despite today’s positive performance, the technical outlook for the euro remains bearish. It has been a rough November for the euro, which is down 2.44% this month. Europe is in the midst of a fourth wave of Covid, and the massive spike in cases in Germany and elsewhere could derail the EU’s tenuous recovery. Things were looking rosy until now, with the EU forecasting a strong 5% growth rate for 2021, but that projection is in jeopardy as lockdowns are looking more likely around the Christmas shopping season.

The pessimistic outlook due to the South African Covid variant has led to the markets reducing the likelihood of a rate hike next year. The markets still remain more hawkish than the ECB, as Governor Christine Lagarde has ruled out a rate hike before 2022.

FOMC likely to accelerate taper

The Federal Reserve is expected to accelerate the tapering of its pandemic bond purchase programme. The FOMC minutes showed that policy makers are concerned about inflation, and went so far as to say that they would consider raising rates sooner than “currently anticipated”. Goldman Sachs said in a note on Thursday that it expects to Fed to double its taper trim from USD 15 billion to USD 30 billion each month, starting in January. This means that the programme will be wound up by March instead of June. An earlier end to the bond purchase scheme means that the Fed can look at raising rates sooner, which is bullish for the US dollar.

.

 EUR/USD Technical

  • 1.1201 has strengthened in support as EUR/USD has climbed higher. This is followed by support at 1.1118
  • There is resistance at 1.1415 and 1.1546

 







Author: Kenny Fisher

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Economics

PHI Group, Inc. (OTCMKTS: PHIL) Under Accumulation as M&A Player Signs Enormous Loan Agreements with Neok Financial & Haj Finance Group to Establish the Asia Diamond Exchange & Multi-Commodities Center in Vietnam

PHI Group, Inc. (OTCMKTS: PHIL) is constantly among the top traded stocks in small caps with an enormous international following that is heavily accumulation…

PHI Group, Inc. (OTCMKTS: PHIL) is constantly among the top traded stocks in small caps with an enormous international following that is heavily accumulation at current levels. PHIL is among the most searched for stocks in small caps too and its so popular there is even a $PHILLIONAIRE T-Shirt for sale on Amazon. Microcapdaily has reported on PHIL many times before and we have discussed in depth the Company and its subsidiary funds and the hard work by CEO Henry Fahman (who has recently acquired over 400,000,000 shares of PHIL) to bring the Company to “pink current” which has now been accomplished; a big step forward for the Company which recently launched its ADE token in South Korea in connection with the Asia Diamond Exchange. The Asia Diamond Exchange is a modern bourse to be established in affiliation with the World Federation of Diamond Bourses (WFDB). It will be the first-ever vital rough diamond exchange in Asia, comparable to the diamond exchanges in Antwerp and Dubai (UAE). PHIL price to beat is recently highs of $0.0198, a break over and its blue skies ahead. The stock has massive liquidity as legions of new shareholders including some top players in small caps continue to accumulate. 

PHIL filed 2 enormous 8ks recently announcing up to $3.5 billion in funding. According to the 8ks: Effective November 14, 2021 the registrant signed a loan agreement deed with Neok Financial Incorporated, a corporation organized under the existing laws of United Arab Emirates, with its office address located at Trade Center Road, Bur Dubai, Dubai, United Arab Emirates for a loan program in the amount of $2,000,000,000 which carries a fixed preferred rate of annual interest for thirty-five years, to be repaid on a monthly basis over a period of 420 months. Effective October 17, 2021 the registrant signed a contract agreement with Haj Finance Group, a corporation registered in Oman, Hatat House Ground Floor, Ruwi, Muscat, Sultanate of Oman, for a financing program in the amount of $1,500,000,000 which carries a fixed preferred rate of annual interest for thirty-five years with a three-year grace period. The closing of this transaction is to occur after the registration of a Special Purpose Vehicle (SPV) within United Arab Emirates, the signing of the closing documents and the approval of the transfer of funds by the Central Bank of United Arab Emirates (CBUAE). The registrant intends to use the funds for the establishment of the Asia Diamond Exchange and the Multi-Commodities Center in Vietnam, for financing selective projects in the areas of real estate, renewable energy, healthcare, and for other investment opportunities in connection with PHILUX Global Funds SCA, SICA-RAIF, a group of Luxembourg bank funds sponsored by the registrant. 

PHI Group, Inc. (OTCMKTS: PHIL) is focused on advancing PHILUX Global Funds, a group of Luxembourg bank funds organized as “Reserved Alternative Investment Fund” (“RAIF”), and developing the Asia Diamond Exchange (“ADE”) in Vietnam. PHIL has a powerhouse management team behind it; The Company is led by CEO Mr. Henry Fahman a top-level executive who has more than 30 years’ experience in general management, finance, investments and corporate strategy and is a graduate from Harvard Business School. Previously, Mr. Fahman served as a Resettlement Coordinator for the United Nations High Commissioner for Refugees. Currently Mr. Fahman is chairman of the board and CEO of PHIL and all its subsidiaries.   

The Asia Diamond Exchange is a modern bourse to be established in affiliation with the World Federation of Diamond Bourses (WFDB). It will be the first-ever vital rough diamond exchange in Asia, comparable to the diamond exchanges in Antwerp (Belgium)  and Dubai (UAE). The Company has launched an ADE token in South Korea in connection with the Asia Diamond Exchange. The token is designed to optimize transparency and fair pricing to the diamond industry to provide enhanced benefits to all stakeholders. By validating transactions on a blockchain, there are no chances of counterfeiting or substandard pieces. Consumers will be able to design and purchase custom diamond jewelry and loose gemstones at significantly better prices by using the ADE tokens. The ADE tokens will be deflationary by setting aside profits to purchase and burn tokens as well as systematically continuing the buy-back of PHIL stock on an ongoing basis in the future. International investors may purchase and trade the tokens once they are listed on top exchanges such as Coinbase and Binance. 

PHIL continues to diversify recently acquiring a 70% stake in Five Grain Treasure Spirits Co., Ltd., a company with over one hundred years of tradition in Jilin Province, China. This is a unique, special situation transaction that is expected to create substantial value for the Company, its shareholders and all stakeholders. According to the Five-Grain development plan, once the acquisition is completed, the company will follow a three-prong growth strategy to reach 200,000,000 liters of bulk spirits per year to supply to other beverage companies and develop its own brand using proprietary manufacturing methods and preferred distribution channels.

The Company has been busy cementing one deal after another; they signed an MOU with TPP Holdings Group an established Vietnamese company specializing in real estate investment, development and construction. TPP Holdings will participate in the Luxembourg real estate fund and cooperate in the development and construction of the Multi-Commodities Center and the Asia Diamond Exchange in Vietnam. Management believes this partnership will bring tremendous benefits to all the stakeholders, including the diamond-producing countries and the people and economy of Vietnam. 

 

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PHIL

Earlier this month PHIL signed a Business Cooperation Agreement with Digital Solutions Company, Ltd., a Vietnam-based company, to cooperate in developing technical solutions for a variety of industries, including real estate, energy, agriculture and healthcare using digital, blockchain and crypto technologies. Digital Solutions will immediately assist CO2-1-0 (CARBON) CORP to launch the new disruptive carbon mitigation initiative in the coming weeks and also support PHI Group with technological solutions for the Asia Diamond Exchange to be established in Vietnam, as well as jointly advance a number of special projects that have the potential to create very significant value for shareholders of both companies. Management could not be more excited about the collaboration which looks to invest in technology, agriculture, green energy, blockchain, and finance. 

On November 23 PHIL reported its subsidiary CO2-1-0 (CARBON) Corp., has signed a MOU with SuperGreen Solutions to cooperate in a new disruptive carbon mitigation program through worldwide environmentally sustainable projects. According to the MOU, SuperGreen and CO2-1-0 (CARBON) will cooperate in acquiring carbon credits from SuperGreen’s projects and from other project owners in the United States of America. Carbon credits will be digitalized into Carbon Tokens using blockchain-crypto technology and deploying IoT. 

SuperGreen will provide project data to be processed into CARBON’s data processing center and also support CARBON’s due diligence processes. SuperGreen will be CARBON’s exclusive representative for the entire United States of America market. As part of this strategic alliance, PHI Group has agreed to assist SuperGreen in raising the required finances to implement the overall scope of cooperation. According to the Taskforce on Scaling Voluntary Carbon Markets (TSVCM) demand for carbon credits could increase by a factor of 15 or more by 2030 and by a factor of up to 100 by 2050. Overall, the market for carbon credits could be worth upward of $50 billion in 2030. 

For more on PHIL Subscribe Right Now!

PHIL is constantly among the top traded stocks in small caps with a enormous International following that is heavily accumulating at current levels. PHIL is among the most searched for stocks in small caps too and its so popular there is even a $PHILLIONAIRE T-Shirt for sale on Amazon. Microcapdaily has reported on PHIL many times before and we have discussed in depth the Company and its subsidiary funds and the hard work by CEO Henry Fahman (who has recently acquired over 400,000,000 shares of PHIL) to bring the Company to “pink current” which has now been accomplished; a big step forward for the Company which recently launched its ADE token in South Korea in connection with the Asia Diamond Exchange. The Asia Diamond Exchange is a modern bourse to be established in affiliation with the World Federation of Diamond Bourses (WFDB). It will be the first-ever vital rough diamond exchange in Asia, comparable to the diamond exchanges in Antwerp and Dubai (UAE). PHIL price to beat is recently highs of $0.0198, a break over and its blue skies ahead. The stock has massive liquidity as legions of new shareholders including some top players in small caps continue to accumulate. PHIL filed 2 enormous 8ks recently announcing up to $3.5 billion in funding. According to the 8ks: Effective November 14, 2021 the registrant signed a loan agreement deed with Neok Financial Incorporated, a corporation organized under the existing laws of United Arab Emirates, with its office address located at Trade Center Road, Bur Dubai, Dubai, United Arab Emirates for a loan program in the amount of $2,000,000,000 which carries a fixed preferred rate of annual interest for thirty-five years, to be repaid on a monthly basis over a period of 420 months. Effective October 17, 2021 the registrant signed a contract agreement with Haj Finance Group, a corporation registered in Oman, Hatat House Ground Floor, Ruwi, Muscat, Sultanate of Oman, for a financing program in the amount of $1,500,000,000 which carries a fixed preferred rate of annual interest for thirty-five years with a three-year grace period. The closing of this transaction is to occur after the registration of a Special Purpose Vehicle (SPV) within United Arab Emirates, the signing of the closing documents and the approval of the transfer of funds by the Central Bank of United Arab Emirates (CBUAE). The registrant intends to use the funds for the establishment of the Asia Diamond Exchange and the Multi-Commodities Center in Vietnam, for financing selective projects in the areas of real estate, renewable energy, healthcare, and for other investment opportunities in connection with PHILUX Global Funds SCA, SICA-RAIF, a group of Luxembourg bank funds sponsored by the registrant. We will be updating on PHIL so make sure you Subscribe to Microcapdaily so you know what’s going on with PHIL.

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Disclosure: we hold no position in PHIL either long or short and we have not been compensated for this article.

The post PHI Group, Inc. (OTCMKTS: PHIL) Under Accumulation as M&A Player Signs Enormous Loan Agreements with Neok Financial & Haj Finance Group to Establish the Asia Diamond Exchange & Multi-Commodities Center in Vietnam first appeared on Micro Cap Daily.






Author: Boe Rimes

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Economics

Nickel, Industrial Metals Rise As China Property Optimism Returns 

Nickel, Industrial Metals Rise As China Property Optimism Returns 

Base metals are on the rise after a series of positive announcements…

Nickel, Industrial Metals Rise As China Property Optimism Returns 

Base metals are on the rise after a series of positive announcements over the week has brought new optimism to China’s property sector. 

On Thursday, Nickel paced gains by most industrial metals on the London Metal Exchange, rising 2.5%. As shown below, spot prices for Nickel are moving higher as inventories continue to shrink, pointing to mounting supply tightness. 

“Nickel now looks to be the new game in town with stocks falling daily,” Malcolm Freeman, a director at Kingdom Futures, wrote in a note. “For now the bullish mood persists and there seems little point in going against it in the very short term.”

As global refined-nickel inventories continue to draw down, prices face volatility, trending toward gains, Huatai Futures Co. wrote in a note. 

Earlier this week, iron ore futures trading in Singapore bounced back over $100/ton after reports of Chinese regulators dialing back crackdowns on the property market could soon lift steel demand and improve profitability for steelmakers. There’s also chatter the People’s Bank of China could unleash stimulus amid the economic growth slowdown in the world’s second-largest economy.  

“The market has higher expectations for steel production to resume,” Huatai Futures Co. wrote in another note. Property is a leading source of industrial metal demand in the country. 

Bloomberg Industrial Metals Subindex (BCOMIN) has broken out to an all-time-highs, surpassing 2007 and 2011 highs. 

Positive developments appear on the macro front as the PBoC could be close to easing and Beijing dials back on regulatory crackdowns. Institutional investors are also getting in on the action as China’s high-yield bonds have had a bid this month. 

Suppose the Chinese government continues to offer policy support to heal the ailing property market, which it crushed this year through regulatory crackdowns. In that case, this could mean industrial metals will rise some more, adding to inflation. 

Tyler Durden
Thu, 11/25/2021 – 22:45






Author: Tyler Durden

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