American States Water: 69 Years of Dividend Growth and Now Undervalued

The article mentions American States Water (NYSE:AWR) as the stock being discussed. The author gives a recommendation to buy the stock, stating that it is priced at a buyable valuation for dividend growth investors.

The author's core argument is that American States Water has a strong dividend growth streak, with the longest established dividend growth streak among the Dividend Kings. The company's fundamentals, such as its dividend growth rate and earnings per share, are highlighted as positive indicators. The author also mentions the company's strong operational performance in 2023.

Key information and data include the company's annual dividend growth rate of 8.2% over the last 10 years, its anticipated diluted EPS of $2.77 in 2023, and its projected annual earnings growth rate of 14% over the next three to five years. The article also discusses the risks associated with investing in American States Water, such as potential adverse decisions from regulators and the impact of interest rates on the stock's performance.

The author provides two valuation models, the discounted cash flows (DCF) model and the dividend discount model (DDM), to estimate the fair value of AWR's shares. According to these models, the stock is currently trading at a discount to its fair value and offers potential upside for investors.

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9/1/2023

Iron Mountain: A REIT Showering Shareholders With Cash (NYSE:IRM)

The article mentions Iron Mountain Incorporated (NYSE:IRM) as the stock that the author believes has fortified their portfolio. The author's recommendation is to hold the stock. The key information and data mentioned in the article about Iron Mountain Incorporated include the following: - The company has lowered its leverage ratio over the past four years, indicating progress in repaying debt and becoming more competitive. - Iron Mountain has frozen its quarterly dividend per share for the past four years but recently increased it by 5.1%. - The company's adjusted funds from operations (AFFO) per share payout ratio has decreased from 81% in 2019 to 65.1% in 2022, and it is expected to be 63.4% in 2023, which is within the company's target payout ratio. - Iron Mountain's total revenue increased by 5.3% year-over-year in the second quarter, with storage rental revenue growing at a double-digit rate. - The company's AFFO per share increased by 1.1% in the second quarter, surpassing management's expectations. - Risks to consider include the impact of a recession on rent collection and the competitive landscape in the data center industry. - Two valuation models, the discounted cash flows (DCF) model and the dividend discount model (DDM), suggest that Iron Mountain's shares are trading slightly below fair value or at a premium, respectively. The author suggests putting Iron Mountain Incorporated on the watchlist and rates the stock as a hold until it dips below $60 again.

9/21/2023

Retiree Boosts Income Stream, Buying Undervalued Assets with High Yields

In this article, the author mentions several stocks including: 1. Credit Suisse X-Links Crude Oil Shares Covered Call ETN (USOI) 2. Via Renewables preferred shares (VIASP) 3. NXG NextGen Infrastructure Income fund (NXG) 4. OFS Credit Company, Inc. (OCCI) The author does not explicitly give a recommendation to buy, hold, or sell these stocks. However, they mention that they have a 5% position in USOI and do not plan to increase their holding unless oil prices dip below $80 again. The author's core thesis is to hold high-yielding securities that offer regular monthly or quarterly dividends to grow their future income stream. They mention that they are accumulating wealth in their investment portfolio and reinvesting dividends to compound their income. The key information and data in the article include the current TTM yield of USOI at about 27%, the high yield provided by VIASP (approximately 26% at the time of the article), the doubled dividend of NXG NextGen Infrastructure Income fund, and the high yield and potential price appreciation of OFS Credit Company, Inc.

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