Week 26, 2020

We’ll start the week off with a company already in our portfolio from earlier this year – Global Indemnity (GBLI). Recent numbers are weak, but they are maintaining the dividend and I’m willing to hold on to see how this company adjusts moving forward. The current yield is 4.3%.

Tuesday gets a new company for this portfolio – Seagate Technology (STX). The most recent numbers show both increases in revenue and margins despite the pandemic. The current yield is 5.1%.

Portland General Electric (POR) gets the mid-week slot. We’ve traded this several times before and have had only one losing trade. They are over 125 years old, have 900,000 customers and operate the largest voluntary renewable energy program in the country. The current yield is 3.4%.

Up next is Sempra Energy (SRE). They are an energy conglomerate with 35 million worldwide electric and natural gas consumers. Sempra makes massive piles of money and, like the other utilities we’ve traded, is not significantly affected by the pandemic. The current yield is 3.4%.

We’ll close out the week with FedEx (FDX). They operate in over 220 countries and territories, have 475,000 employees and nearly $70 billion in annual revenue. Recent income is roughly half of what it was a year ago, but they are pioneers and innovators in the shipping industry and I have faith they will pull through the COVID-19 crisis. The yield is just under 2%.