Happy Monday!

We have a great week of investing in front of us!

This past week, I released a video taking questions from the audience. This revolves around a wide range of topics including Dividend Investing, Stocks, Personal Finance, and even Politics. Today, I’ll share some of the most interesting questions from that session. Of course, I’ll provide some of the most recent dividend increases too.

Let’s do this!

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THE KEY STORY

Are Dividends Still Worth it in 2024? - (Dividend Investing Q&A)

Question 1: How are you able to invest so much at a young age?

• Full Question: "How are you able to invest so much at a young age? I'm investing heavily, but I can't keep up with you LOL."

• Answer: "Well, it's primarily just because I've saved and invested most of my income growing up... I had a part-time job... we had a business reselling things on Amazon... when I was 18, I actually was able to make around $30,000 in the year before going to college and I saved and invested all of that... internships throughout college... started Dividend Data doing YouTube... parents paid for my education... lived at home with my parents for a while... my goal of increasing my income over time... around $260k-$270k depending on the week."

Question 5: Should you start dividend investing with little money or focus on growth stocks first?

• Full Question: "Would you recommend to start dividend investing ASAP with a little money or go into growth stocks early and then once you have a good gain and a good profit from those growth stocks move that money into divs meaning dividends? I just don't see the benefit of getting $3 dividends and the stock not moving up at all while I can still invest in growth stocks and get more gains so I can think about the dividends later. Maybe another question would be how much money is realistically needed before you even start thinking about dividends?"

• Answer: "I wouldn't even use the kind of framing you're using between dividend stocks and growth stocks... think of them just as businesses... plenty of dividend stocks that can match or beat the total return of most growth stocks over time... Visa... Microsoft... if you're a young investor I would not buy the kinds of dividend stocks where it's like you get an 8% yield but the value of it's going down over time... just break the dichotomy of thinking dividend stock, growth stock... just think about businesses and how you think they're going to grow over time based on their valuation."

Question 9: How long does it take to determine if a stock is on track after buying?

• Answer: "Write down your logic for why you bought it at that time... refer back to those... don't look to stock price to determine whether or not it's on track... you want to focus on the actual business performance... some of the stocks I've sold were Walgreens Boots Alliance... earnings are declining... contradicted my initial thesis... same thing about Intel... earnings collapsed... always have to reference back to why you bought the stock and what you were expecting in terms of the business at that time... stock price performance hasn't been good, that doesn't mean it's not on track or going to end up being a good investment... focus on the business performance... in a mature business that would be things like earnings, free cash flow, dividends... if it's a growth company... look towards things like how is their autopilot progressing with their AI, how is the Optimus program?"

Question 13: Do you plan to retire on dividends?

• Answer: "I am planning to plan as though I'm going to live off dividends... by the time that I'm old to have six figures or so of dividend income rolling in at all times... didn't have to live off of it and I can just continue to reinvest it indefinitely and increase my compounding to a massive degree over... 40, 50, 60 years."

Question 15: Any high dividend stocks as good quality as MO and EPD?

• Answer: "On my website, I actually have an entire thing under the dividend screener... top high yield dividend stocks... I would probably throw in Philip Morris International as well and maybe Realty Income... really am not buying any other high yield stocks... my focus has shifted more towards total return."

Question 17: Will illegal immigration, war, and inflation destroy the country if Biden gets re-elected?

• Full Question: "Will illegal immigration, war, and inflation destroy our country if Biden gets another four years in office?"

• Answer: "No... both Trump or Biden... neither of them are going to end the world... the United States has so much outside of being impacted by the government... economy will continue to grow long term almost irregardless of what's even happening in politics... you have far more control over your own life... Warren Buffett's invested through 10 presidencies and made money through all of them... getting out of the market because of any presidential election is 100% a mistake."

NOTABLE DIVIDEND INCREASES

Kroger, PNC Financial, Lindsay Corporation

• $KR - Kroger declared $0.32/share quarterly dividend, 10.3% increase from prior dividend of $0.29.

• $LNN - Lindsay Corporation declared $0.36/share quarterly dividend, 2.9% increase from prior dividend of $0.35.

• $PNC - PNC Financial declared $1.60/share quarterly dividend, 3.2% increase from prior dividend of $1.55.

Source: Dividend Data

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Thanks for the read! Let me know what you thought by replying back to this email.

— Zach

Disclaimer: Dividend Dividend Weekly (Dividend Data) is not a professional financial service. All materials released from Dividend Data Weekly (Dividend Data) are for educational and entertainment purposes. Dividend Data Weekly (Dividend Data) is not a replacement for a professional's opinion. Contributors to the Dividend Data Weekly (Dividend Data) might have equities mentioned in the newsletter