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What a day.

The Fed Funds Rate was lowered to 2.0% and the market freaked, then somewhat recovered.  Good grief.  Until the data starts rolling over, it’s business as usual as an investor.

Fed Funds Rate

Fed Funds Rate

With all of the focus on the Fed today, I stayed out of the way and spent time on other projects.  However, something occurred to me this afternoon.  My new dividends account is missing something…it only has one stock from the Dividends Aristocrats listA “dividend aristocrat” is an elite class of dividend stock that has increased its payout at least once a year for the last 25 years or more.  These stocks should offer some stability to your overall passive income account.

My current account  (started a week ago) includes:

CAH – focus on healthcare for the aging population

HRL – Non-Cyclical food processing

O – Commercial REIT

ABBV – pharmaceutical products  ([highlight_sc bg_color=#21c2f8 text_color=#ffffff border_color=]Aristocrat[/highlight_sc])

STOR – Commercial REIT

HASI – Renewable Energy REIT

Only one of these is on the Aristocrats list.  The others offer strong dividends payments and acceptable payout ratios.  However, over the next few weeks, my focus will be on adding an Aristocrat, or two.  My goal is to have around 30% of my account represented in the Aristocrats list (currently at 16%).

Here are a few top dividend yielding Aristocrats:

ABBV – 6%

T – 5.55%

XOM – 4.78%

PBCT – 4.36%

CVX – 3.83%

 

 

 

Squirrel
Nibbling Long

Nibbling Long

RyanRyanFebruary 26, 2022

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