Less concerned about day to day gyrations of the stock market, I am always looking for new companies to add to my portfolio. I therefore compose watchlists with stocks to research further and with the potential to become next month’s new buys.
Starting with AT&T – as can be seen in the graph above the stock has been going up and down pretty wildly lately.
I currently own 50 shares of AT&T in my portfolio but with the price back at ~$35 I am seriously considering to double that position.
T provides a great yield of 5.41%, albeit with a payout ratio of 92% (below).
The second stock on my watchlist is Disney.
The House of the Mouse is back under $100 again – piquing my interest to increase my existing position.
While concerns regarding Netflix and ESPN remain, I am confident Disney continues to do well given it’s rock solid position in original content and limitless spin-off capabilities in terms of merchandise, theme parks etc.
Considering the payout ratio of 28% (below)- Disney still has a lot of room to expand it’s dividend, much like they keep expanding the Star Wars universe.
Finally – Scana Corporation.
As can be seen in the graph the price fell off a cliff in the past 12 months. Much of this is due to problems concerning the company’s half-built Summer Nuclear Plant.
Given Scana‘s dividend features (above) I will continue my research and am a likely buyer under $50.