I can’t find a stock I like for Monday, September 21. This will be the second day this year that we’ve not been able to collect a dividend.
The pick for Tuesday is First Guaranty Bancshares (FGBI), a company we’ve traded a couple times in the past. As mentioned before, they’ve been in business for 87 years and are paying their 108th consecutive dividend! The current yield is just under 4.7%.
Portland General Electric (POR) is up next. We’ve traded this several times before and have had only one losing trade. As mentioned before, 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 4.8%.
Finally, we’ll close out the week with a new bank for the portfolio – Guaranty Bancshares (GNTY). They are one of the oldest banks in Texas and have $2.7 billion in assets. Like many of the banks we’ve invested in this year, they have suffered losses on loans due to COVID, but they have managed to stay profitable overall. The current yield is 3.1%.