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3 Dividend Stocks That Soared Last Month

Apr. 05, 2021 10:24 AM ETHD, MO, WEC27 Comments


  • Dividend stocks are a popular way to invest in the market, providing compounding returns while just holding the company's shares.
  • These are three dividend stocks that soared last month in my portfolio.
  • All three remain interesting going forward and should provide additional upside over the long term.
  • I do much more than just articles at CEF/ETF Income Laboratory: Members get access to model portfolios, regular updates, a chat room, and more. Learn More »

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Photo by golero/E+ via Getty Images

March was a really healthy month across the board, and most investors were rewarded. Every sector was higher as measured by the sector SPDR ETFs. This also brought the lagging utilities, consumer staples and healthcare sectors positive on

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This article was written by

Nick Ackerman profile picture

Nick Ackerman is a former financial advisor using his experience to provide coverage on closed-end funds and exchange-traded funds. Nick has previously held Series 7 and Series 66 licenses and has been investing personally for over 14 years.

He contributes to the investing group CEF/ETF Income Laboratory along with leader Stanford Chemist, and Juan de la Hoz and Dividend Seeker. They help members benefit from income and arbitrage strategies in CEFs and ETFs by providing expert-level research. The service includes: managed portfolios targeting safe 8%+ yields, actionable income and arbitrage recommendations, in-depth analysis of CEFs and ETFs, and a friendly community of over a thousand members looking for the best income ideas. These are geared towards both active and passive investors. The vast majority of their holdings are also monthly-payers, which is great for faster compounding as well as smoothing income streams. Learn More.

Analyst’s Disclosure: I am/we are long WEC, HD, MO. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it. I have no business relationship with any company whose stock is mentioned in this article.

Originally published on April 4th, 2021 on Substack.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

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Comments (27)

5ofDiamonds profile picture
"3 Dividend Stocks That Soared Last Month" @Nick Ackerman

Post event analysis in rear view mirror has little value, IMHO.
Nick Ackerman profile picture
@5ofDiamonds thank you for sharing your thoughts! I thought it was an interesting way to start bringing up some of the dividend stocks I own. I'm sorry you didn't seem to find it useful. I did also discuss their forward projections too - when possible. Though I suspect you mainly just read the title.
5ofDiamonds profile picture
"Though I suspect you mainly just read the title." @Nick Ackerman

True :-) I am not opposed to honest criticism. I do read the title and the stocks being discussed together - $HD $MO $WEC. At least based on my experience, articles on businesses to buy appear on SA a bit late. I have had at least 12 purchases of $WEC recent enough that an article today does not entice me. Hence the critical comment. I do follow you because you provide value to me, and many others. Thank you for that. My 1c.
Nick Ackerman profile picture
@5ofDiamonds thanks for the honesty! I did some snooping and noticed you commented on an article at 12:23 - then mine at 12:25. I was going out on a limb betting you couldn't click on the article, read the whole thing and then formulate the comment in under two minutes! I do this when I suspect it is a troll, just to see how much credit I should be giving. However, you don't fit that category - so I do really appreciate that input!

Thanks again!
GDPPP profile picture
@nick Ackerman, those are 3 excellent long-term names that have rewarded shareholders whenever they have bought the stock at attractive prices. HD and WEC seem fully valued currently, while I could see MO getting re-rated to a P/E of 15 and it beating that upper end of '21 guidance ($4.62) by a nickel or more. So we could see a price target of $70 by end of this year if sentiment changes quickly (halfway there already)..
Nick Ackerman profile picture
@GDPPP I do agree - quite expensive at these levels. Especially have their large run higher last month. Perhaps best candidates for a watchlist! Thank you for reading!
I’m predicting a 4 for 1 split for HD coming up soon, LONG HD
Nick Ackerman profile picture
@bru the kid I'd take it! (Yes, we all know it doesn't change a thing yadda yadda yadda - it certainly means they are heading in the right direction anyway!)
smurf profile picture

Love your columns-our investing interests are very similar...but don't wanna hear about stocks after they've "Soared". How about id'ing them Pre-Soar!

P.S. Between spouse and I, our portfolios hold HD, WEC & MO (latter since '10).

Nick Ackerman profile picture
@smurf good point! I do wish I could nail before they soared too! (Well, technically I did, as I held them all for years!) Thought this was just a great way to start sharing my dividend stocks though.
Income4ever aka Cyclenut profile picture
Started full positions in M0 and T late last year,
Think both can prove to be growth investments 5 years out
Intend to hold quite a long time unless either goes south....
Nick Ackerman profile picture
@Income4ever aka Cyclenut for dividend stocks, I tend to stick to dividend growers - so T I had thought about getting the ax out. Though due to the high yield anyway, decided I'll stay put and play around in selling puts and calls.
Steady Income profile picture
I was glad to begin accumulating WEC recently at an average price of $86.75.
Nick Ackerman profile picture
@Steady Income what a nice win so soon for you then! Thank you for sharing.
Thank you, I have own MO for years as I am a Marlboro Black smoker.

MO Blacks went from $61.20 a carton to $65.00 a carton in a four-month period where I live in South Texas.
MO Reds went from $68.00 a carton to $73.00 a carton in the same period. From Nov.2020 to Feb. 2021.
Nick Ackerman profile picture
@Mercouger the pricing power is real! That being said, my quit smoker tracker app tells me I've been cigarettes for 348 days. I hardly ever even get an urge anymore and if I do it is only a brief second. Once I quit, is when I started debating about selling MO. Though thankfully I've held on so far!
@Nick Ackerman & @@Mercouger
I know tobacco companies have increased
prices....wondering if the feds stuck their two
cents in to grab a little more?
Eileen Dover profile picture
@Nick Ackerman My mother smoked for 35 years and quit for the last 45. She wanted a cigarette every day but was afraid she be hooked if she tried even one more. She had no breathing problems after she stopped. She passed away at age 95 !!! Keep up the good work.
SenBiden profile picture
I love WEC and MO and have held both off n on for a long time. Both very predictable for purposes of selling calls and puts if you follow price movements closely and take advantage of market overreaction to things like poor quarterly reports, bad press (sell puts), yields getting too low from time to time (sell calls), etc. I always felt like I missed the boat on HD. Still waiting for a good entry point. May be waiting till next recession. Thanks.
Nick Ackerman profile picture
@SenBiden that is an excellent point! I'm tied up with ABBV selling calls after being put shares. Also was able to collect some premiums by writing puts on O recently too. nickackerman.substack.com/...

Have been pleased with the results of writing options so far. Last year was too volatile for me, so I didn't do hardly anything with options then. Though I suppose that such volatility would have been an excellent time for collecting high premiums too.

HD is a lower yielder, but I'm glad I got in as well. In hindsight, wish I would have got in even heavier. Always happy to add once it gets to a better valuation though!
Miamisburg.Citizen profile picture
Honestly, I don't think I'm smart enough to effectively run a calls and puts game. So I do not.

I am smart enough to know that owning a stock that has paid me a very reliable 8+% for the last few years was a good call. Throw in this recent climb above 50 and now I have an unrealized Capital Gain...what's not to like? Sure, I "could have" beaten that with a wonder stock...but I know my knowledge limitations.

I'm seeing the Mighty MO as a potential income stream as a retirement supplement in a few years...
Nick Ackerman profile picture
@Miamisburg.Citizen investing how you feel the most comfortable is incredibly important! More so than if you miss a few percentage points here and there, in my opinion.
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