The recent market pullback has put some great dividend stocks on sale. Energy midstream has been a hot sector for several years, driving up share prices and driving down current yields. I like Plains GP Holdings LP (PAGP), highlights Tim Plaehn, editor of The Dividend Hunter.
On March 31, PAGP yielded close to 7%. Now, with the share price down over $2, the yield is closer to 8%. PAGP is the strongest dividend grower in the Dividend Hunter portfolio, growing by more than 10% per year. Buying PAGP shares on sale locks in a great yield and future income growth.
(Editor’s Note: Tim will be speaking at the 2025 MoneyShow Masters Symposium Las Vegas, scheduled for July 15-17. Register your interest in attending HERE.)
Plains GP Holdings LP (PAGP)
Given the recent market pullback, it’s also good to look into how your portfolio is doing. Although this is a broad market pullback, some sectors and even stocks will fare better than others. When this happens, I like using Magnifi to perform a portfolio health check.
Recommended Action: Buy PAGP.
