Hey, Zach here!

I’m sharing a deep dive into all of the stocks in my $234K dividend growth stock portfolio from my new portfolio update video.

Today’s topics:

1. My Top 10 Dividend Stocks I Own

2. Dividend Increases This Week

3. My Dividends Earned This Week

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New Portfolio Update

My Top 10 Dividend Stocks I Own

In the video above, I analyze my each of my top 10 dividend stocks:

Microsoft (MSFT Stock)

• Verdict: Core buy & hold—add on meaningful dips.

• Highlights:

  • 10-year dividend CAGR 10.35%, payout ratio ~29% of FCF

  • Bull: secular cloud & AI tailwinds; Bear: heavy AI capex could temper FCF

Visa (V Stock)

• Verdict: Hold now; consider buying if it sells off another 10–15%.

• Highlights:

  • 10-year dividend CAGR 17.3%, yield ~0.94%

  • Bull: dominant duopoly economics; Bear: stable-coin experiments by big retailers

Altria (MO Stock)

• Verdict: Hold; add when yield climbs back above 8%.

• Highlights:

  • Yield on cost 11.65%, 10-year dividend CAGR 6.9%

  • Bull: pricing power in tobacco and vape; Bear: regulatory crackdown risk

Alphabet (GOOGL Stock)

• Verdict: Buy—attractive valuation for long-term growth.

• Highlights:

  • New dividend yield 0.52%, P/E ~19

  • Bull: AI-powered ad/search expansion; Bear: escalating capex & competitive pressures

Exxon Mobil (XOM Stock)

• Verdict: Hold & reinvest; wait for a bust cycle to deploy fresh capital.

• Highlights:

  • Yield on cost 11.98%, dividend growth ~3–4% pa

  • Bull: resilient cash flow in high oil environments; Bear: commodity volatility

Salesforce (CRM Stock)

• Verdict: Buy—building out position on strong FCF growth.

• Highlights:

  • Yield 0.61%, 10-year FCF CAGR 26.7%

  • Bull: AI features & ecosystem cross-sell; Bear: intensifying SaaS competition

MPLX (MPLX Stock)

• Verdict: Buy—excellent yield & growth mix.

• Highlights:

  • Yield on cost 8.21%, dividend CAGR 8.8%

  • Bull: fee-based midstream contracts; Bear: prolonged commodity downturn

Hess Midstream (HESM Stock)

• Verdict: Buy—favorable tax treatment, attractive yield.

• Highlights:

  • Yield 8.03%, dividend CAGR 10.5%

  • Bull: predictable cash flows; Bear: midstream commodity exposure

Enterprise Products (EPD Stock)

• Verdict: Hold—steady income but slower growth than peers.

• Highlights:

  • Yield on cost 15.5%, dividend CAGR 3.6%

  • Bull: scale & contract volumes; Bear: sub-peer dividend growth rates

Texas Pacific Land (TPL Stock)

• Verdict: Watch & buy on pullbacks—small, high-conviction stake.

• Highlights:

  • Yield 0.56% plus irregular special dividends

  • Bull: royalty model on Permian Basin land; Bear: lumpiness of special payouts

📺 Watch the full portfolio update

Dividend News

🚀 Dividend Raises This Week

In the video above, I give my thought on 5 of the biggest dividend increases from the week. Here’s the full list:

• WPC - W. P. Carey raises dividend by 1.1%

• NFG - National Fuel Gas raises dividend by ~4%

• TGT - Target raises quarterly dividend by ~2% to $1.14 per share

• CAT - Caterpillar raises dividend by 7%

• HEI - HEICO raises dividend by 9.1% to $0.12

• AMAT - Applied Materials raises quarterly dividend by 15% to $0.46/share

• O - Realty Income raises monthly dividend by 0.2% to $0.269/share

• FHI - Federated Hermes raises dividend by 12.5% to $0.045

• CASY - Casey's General Stores increases dividend by ~14% to $0.57

• FSCO - FS Credit Opportunities raises monthly dividend by 5.1% to $0.0678/share

• FDX - FedEx raises quarterly dividend by 5.1% to $1.45/share

• GRMN - Garmin raises dividend by 20% to $0.90

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💰 My Dividends This Week

📅 Keep Investing. Stay informed.

– Zach
Founder, Dividend Data

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