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Portfolio Newsletter Holding Digital Realty Targets Secular Growth Trends to Support Dividend Growth Trajectory

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Image Shown: Digital Realty Trust is one of our favorite ways to indirectly play several secular growth trends at once. The data center real estate investment trust (‘REIT’) pays out a nice dividend that’s supported by its investment grade credit ratings, a solid cash flow profile, and a promising growth trajectory. By Callum Turcan Happy Holidays! Callum here. I hope you are all enjoying some quality time off with your loved ones. This year, my family is happy to announce that we will be celebrating this Thanksgiving with my sister’s newborn daughter, her first major holiday. These are exciting times, and as always, feel free to check out our Best Ideas Newsletter portfolio (link here) and Dividend Growth Newsletter (link … Read more

Dividend Growth Newsletter Portfolio Holding Realty Income Keeps Chugging Along

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Image Shown: Shares of Realty Income Corporation have performed quite well over the past year, keeping recent headwinds in mind. By Callum Turcan Dividend Growth Newsletter portfolio holding Realty Income Corp (O) posted a modest increase in its adjusted funds from operations (‘AFFO’) on a per share during its third quarter 2019 earnings report published November 4. Billing itself as “The Monthly Dividend Company” with a ~3.5% yield as of this writing, this REIT has paid out over 590 consecutive monthly dividends during its 50-year long operating history and has increased its per-share payout over 100 times since going public in 1994. We caution that shares of O will continue to experience volatility as expectations of future interest rates are … Read more

ICYMI: Interview with Valuentum’s President Brian M. Nelson, CFA

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Catch up with Valuentum’s President Brian M. Nelson, CFA in a recent interview with dividend growth investor Arne Magnus Lorentzen Ulland of the blog stockles. By Brian Nelson, CFA Recently, I was interviewed by Arne Magnus Lorentzen Ulland of the blog stockles. Arne is a dividend growth investor like many of you, and I sincerely hope you enjoy the interview he put together. I’m very grateful for his interest. His questions were fantastic. We discuss why and how I incorporate independence and integrity into the service at Valuentum. We go into detail regarding why Valuentum views stocks the way it does, and how Valuentum combines enterprise valuation and the information contained in prices in its stock-selection process. I discuss the pitfalls … Read more

DGN Holding Realty Income Continues Moving Higher

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Image Shown: Shares of Realty Income Corporation (O) have been on an upward tear this year as excitement over a lower interest rate environment, courtesy of the Federal Reserve, is driving up interest in real estate investment trusts. By Callum Turcan A holding in our Dividend Growth Newsletter portfolio, Realty Income Corporation (O) invests in single-tenant properties both domestically and now abroad after expanding overseas for the first time earlier this year. The REIT pays out a monthly dividend and has done so for 590 consecutive months (as of early-September 2019), pushing through 102 payout increases since going public in 1994. Shares of the REIT yield 3.6% as of this writing. We like Realty Income’s “A” rated credit ratings (A3/A-), … Read more

Shares of DGN Holding Digital Realty Climbing Upwards

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Image Source: Digital Realty Trust Inc – IR Presentation By Callum Turcan One of our favorite holdings in the Dividend Growth Newsletter is Digital Realty Trust (DLR), a data center REIT whose shares yield 3.4% as of this writing. Digital Realty expects to generate $6.60-$6.70 per share in core FFO this year, up 5% at the midpoint when excluding a new lease accounting standard and foreign currency headwinds. Please note that due to those two factors and pressure from rental renewals (DLR had a lot of leases expire in 2019 and some of the new leases were signed at modestly lower rates), Digital Realty’s reported core FFO ($6.65/share at the midpoint of guidance) in 2019 will only grow marginally from … Read more

Realty Income Posts Solid Earnings, Acquires Overseas Real Estate for First Time

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Image Source: Realty Income Corporation – IR Presentation By Callum Turcan Realty Income Corporation (O) is a REIT focused on free-standing, single-tenant commercial properties in 49 US states, Puerto Rico, and now the UK. At the end of the second quarter of 2019, Realty Income had economic interests in almost 6,000 properties. The REIT reported second quarter earnings on August 5, and we liked what we saw. Realty Income is included in our Dividend Growth Newsletter portfolio and shares of O yield 3.9% as of this writing. Please note that the REIT pays out a monthly dividend and has been doing so for 589 consecutive months (~49 years). Financial Overview As you can see in the graphic below, Realty Income … Read more

Markets Swooning, Expect Extreme Volatility, Finger on Put-Option Trigger

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Image shown: We notified members December 26 that we had  moved  the Best Ideas Newsletter portfolio and Dividend Growth Newsletter portfolio to a “fully invested” position, from a 30% and 20% cash “weighting” at the high end of the range, respectively.  — No change to simulated newsletter portfolios…at this time.  — Hi everyone, — Hope you’re navigating these tumultuous markets well.   — If you recall, during the holiday season last year, we had moved the Best Ideas Newsletter portfolio and Dividend Growth Newsletter portfolio to “fully invested.” See image above (point of the arrow). Because many members were traveling and out of the office, not all were able to read the notification until a week or two after. They were … Read more

Latest Channel Checks at Malls…Scary

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We know malls come and go, and location is everything, but our latest visit to a few malls in the Chicagoland area leave us scratching our heads in a big way. One was eerily empty. By Brian Nelson, CFA A small sample set is never one to extrapolate, but our latest checks of malls in the northwest Chicagoland area came up a little surprising. We’re not sounding the alarm bells just yet, but we think some caution is in order for the largest mall REITs, including Tanger Factory (SKT), Macerich (MAC), Simon Property (SPG) and Taubman (TCO). Something just wasn’t quite right on our latest visit, and we attribute it primarily to failing anchor department stores, namely Carson Pirie Scott … Read more

ATTN: Advisors and Planners — Disruption Is Looming

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“With the commoditization of investment advice and intense competition from robos and other more cost-efficient solutions, growth-minded advisors want to create bespoke experiences for clients.” — WealthManagement.com By Brian Nelson, CFA Hi Valuentum members, colleagues and friends, Valuentum has a large subscriber base and is one of the most successful paid subscription financial information websites launched this decade. Over the past eight years or so, individuals, financial advisors and money managers from all over the world have subscribed to our services. We pride ourselves on independence and transparency, and we’re a champion of the investor. Today, I’d like to talk directly to our financial advisor, financial planner, and professional money-manager members. You probably already heard the news yesterday: Charles Schwab, which handles … Read more

DG Newsletter Alert, Markets on a Roll! New Highs Coming?

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Image shown: We notified members December 26 that we had moved the Best Ideas Newsletter portfolio and Dividend Growth Newsletter portfolio to a “fully invested” position, from a 30% and 20% cash “weighting” at the high end of the range, respectively. It doesn’t look like the timing could have been much better.  Changes to Dividend Growth Newsletter portfolio Removing Novartis (NVS) -3.5%-5.5% Adding Health Care Select Sector SPDR Fund (XLV) +3.5%-5.5% By Brian Nelson, CFA The back half of 2018 was among the most exciting in Valuentum’s history. For one, we might have made one of our best “market-direction” calls since inception in practically calling the near-term bottom December 26. In hindsight, it’s clear the market had overreacted, but at the time, going to “fully … Read more