2Yr·

I'm considering buying British American Tobacco and W.P. Carey to boost my #dividends for October and November.

What are your thoughts on $BATS (+0.38%) and $WPC (+0.03%) ? Is now a good time to buy, or are there better options available?

13 Comments

schlimm.@schade

2Yr

I would prefer companies like $JPM and $ABBV over those

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SanSebastian@WarrenamBuffet

2Yr

@Dividensenmann or $DHR $ADP $MAA $DG $REXR $EPRT

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Eduard@Rookie_Investor

2Yr

@Dividensenmann Great recommendations! Personally, I prefer to buy under the 1,000-session moving average.

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Melchior@ColdzeroNL

2Yr

I own a expanding position in $WPC and still add shares when the price drops. I think they'll do well after 2024 and made a right decision last year for their portfolio although they communicated that decision badly. I try to have a growing dividend portfolio and think it's a good company for just that.

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Eduard@Rookie_Investor

2Yr

@ColdzeroNL Yes, I agree. It’s priced well, and with the Fed's rate cuts already announced, it should benefit our position.

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SpongeBob@SquarePants

2Yr

I only invest in ethical companies 😀

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Eduard@Rookie_Investor

2Yr

@Demas As a person who is trying to quit smoking, I understand you. 😂

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Daredevil@daredevil

2Yr

@Demas me too! No oil, weapons, tobacco or other addictive stuff like sugar (sodas)

It restricts your options but there are many great companies out there

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Eduard@Rookie_Investor

2Yr

@trabajohombre Great approach! Any companies on your radar you’d recommend? 👀🚀

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Frisian@frisian

2Yr

I own BATS and actually regret the investment, it is that the dividend is reliable, and payout ratio is sustainable that I've kept them so far.

But I miss clear strategy and plan
When looking for November Payers I've been buying $AKRBP and $VAR both oil stocks from Norway. Less history after carve outs from either $BP. or $ENI but both are aiming for a longer term sustainable growing quarterly dividend payment.

Also they have their downsides being in Norway and an added on risk of the exchange rate and relatively high dividend tax.

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Jefrey@Jefrey

2Yr

The future of tobacco companies is a bit risky. Governments want to reduce smoking in the future so my guess is it will eventually go down. Maybe for the next 10 or 20 years it will not be that big of a deal but who knows.

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Peyman@Rainbow-1975

2Yr

I bought it last year throughout the summer time and ytd. I'm up 27% beating the market just with a simple cigar company! One has to know how much the business intrinsic value is and compare it with the price, after that it is just stomach, simple strategy :)

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Peyman@Rainbow-1975

2Yr

Ah! And I forgot to say, I haven't accounted the juicy dividend

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