Dividend Investing When Market Valuations Are High | Eps 298

This week on Dividend Talk, we get into the art of the turnaround investment .What worked, what didn't, and what we've learned the hard way. We share real stories from Walgreens, Intel, and Texas Instruments, then turn to Nike, Vici Properties, and ASR to figure out which stocks are genuine turnarounds and which are just mispriced quality names. Plus: trimming an ExxonMobil position, a fresh look at HP, and our predictions for the next Microsoft dividend hike.We also answer a big batch of listener questions covering FIRE, REITs, ETFs, and how dividend culture differs between Europe and the US.🔗 Show notes: https://dividendtalkpodcast.com/💎 Premium newsletter: https://dividendtalk.eu/how-it-works/💬 Join our Discord: https://discord.gg/c9uV8Zm9j

We're back after our first-ever summer break! This week: should cyclical stocks have a place in a dividend growth portfolio built for financial independence? We use BHP, Rio Tinto, and ExxonMobil as real examples of the trade-offs.Also covered: a Guinness heist making headlines, the Netherlands moving its gold reserves home, fresh dividend hikes from Altria, NN Group, and Wolters Kluwer, plus listener questions on Nike, LVMH, Swiss stocks, Clorox, and Philips.📩 premium research: https://dividendtalk.eu💬 Got a question for next week? Join our community.Facebook: ⁠https://www.facebook.com/groups/dividendtalk⁠X (Twitter): ⁠https://x.com/European_DGI#DividendInvesting #PassiveIncome FinancialIndependence

Hey Everyone! We're taking a quick 4-week break from releasing new episodes due to some personal stuff on our end.We will be back in SeptemberThank you for understanding while we step away for a moment. In the meantime, it's a great chance to catch up on any past episodes you might have missed! See you soon!

Q2 2026 earnings season has started, and it opened with a bang: IBM (IBM) dropped 25% in a single day. We dig into why, and land on an uncomfortable answer — it isn't the technology that keeps failing this company, it's the culture. From there we work through the reports that matter for dividend growth investors. RELX (RELX.L) and Wolters Kluwer (WKL.AS) keep growing while everyone insists AI will erase them. Texas Instruments (TXN) looks like its capex super-cycle is finally turning. TotalEnergies (TTE) delivers a masterclass in paying down debt. Nestlé (NESN.SW) drops 8%. CME Group (CME) shows what happens when volatility fades. And Novo Nordisk (NVO) squares up to Eli Lilly (LLY) in court over GLP-1 marketing. Then it's over to you. We answer listener questions on what we'd buy in a 30% sell-off, preference shares, Terry Smith selling Wolters Kluwer, the new Amundi all-world SCHD-style UCITS ETF, small-cap dividend payers like Defama (DEF.DE) and Chesnara (CSN.L), and what life actually looks like once the dividends cover the bills. This podcast is for entertainment only and is not financial advice. Read more at https://dividendtalkpodcast.com Want deeper analysis, ad free episodes and more? Check out our premium service for €129 at ⁠dividendtalk.eu⁠Want to talk more about dividends and investing in general?Join the conversation in our community:Discord: ⁠https://discord.gg/xfS35ufm6H⁠Facebook: ⁠https://www.facebook.com/groups/dividendtalk⁠X (Twitter): ⁠https://x.com/European_DGI

This week we welcome our first Belgian guest to the show: Belle Dividends (Kim). Kim's story starts almost by accident. In January 2022, after a failed attempt to become a crypto trader, he opened an account with Belgian broker Bolero and bought his first three stocks: AB InBev, Kinepolis and Umicore. A few years and a lot of YouTube and podcast listening later, he now runs a portfolio of 82 positions built around a simple goal: a 3% net dividend yield, even after Belgium's notoriously heavy dividend tax.In this episode Kim walks us through his investing journey, why dividend investing suited his personality more than growth or trading ever did, and how he deals with Belgian withholding tax (spoiler: UK stocks and a Legal & General dividend ETF both play a role). We also get into his interest in African equities, including his top position Helios Towers, plus Airtel Africa and DRC listed Texaf, and why he believes sub Saharan Africa's demographics make it one of the more interesting growth stories out there.Kim also shares the remarkable story of taking over his mother's finances after a dementia diagnosis, and how that led to a rapid, deliberate windfall investment that shaved more than a decade off his path to financial independence. We round things off with his thoughts on oil markets and macro trends, the tax friendly countries he's considering for the future, and a big batch of listener questions on portfolio strategy, UK renewable energy trusts, and more.Also in this episode: Derek and European DGI open with the Trump and FIFA controversy around the USA v Belgium match, and share an update on Greencoat UK Wind ahead of its July investor presentation.Kim's path from a frustrated would be crypto trader to an 82 position dividend portfolioNavigating Belgium's dividend tax and why she targets a 3% net yieldInvesting in Africa: Helios Towers, Airtel Africa and Texaf in the DRCTaking over his mother's finances and investing a large windfall with intentionHis macro view on oil, the Permian basin and the Iran conflictTax friendly countries on her radar for the future: Paraguay, Cyprus and GeorgiaListener questions on allocation strategy, ETFs, and UK renewable energy trusts like Greencoat UK WindWant deeper analysis, ad free episodes and more? Check out our premium service for €129 at dividendtalk.euWant to talk more about dividends and investing in general?Join the conversation in our community:Discord: https://discord.gg/xfS35ufm6HFacebook: https://www.facebook.com/groups/dividendtalkX (Twitter): https://x.com/European_DGI

In episode 302 we review our Q2 2026 dividend portfolios during a quarter where the market quietly rotated out of tech and back into dividend growth. EDGI is now 99.6% of the way to his FIRE number with +14.4% dividend income growth for the quarter, while Derek crossed €7,000 in trailing dividend income, up 14% year over year. On the news desk: why the US Dividend Aristocrats (NOBL) are outrunning software in 2026, Palantir (PLTR) CEO Alex Karp calling AI token pricing a "wealth tax" on business, and whether AI agents should be taxed after OpenAI's reported 5% equity offer to the US government. Stocks we get into include Accenture (ACN), Wolters Kluwer (WKL.AS), VICI Properties (VICI), Vopak (VPK.AS), General Mills (GIS), Paychex (PAYX), ADP (ADP), Big Yellow Group (BYG.L), British American Tobacco (BATS.L), Shell (SHEL.L), Legal & General (LGEN.L), NN Group (NN.AS), Alibaba (BABA), Microsoft (MSFT) and Apple (AAPL). Plus Q2 hikes from JPMorgan Global Growth & Income (JGGI.L), 3i Group (III.L) and LondonMetric (LMP.L). We close with listener Q&A on low-yield growth stocks, the ones that got away, and how we'd invest €500 a year for a newborn. Join us :Discord group - ⁠⁠⁠⁠⁠⁠⁠https://discord.gg/nJyt9KWAB5⁠⁠⁠⁠⁠⁠⁠Follow us: Twitter - ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠@DividendTalk_⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ Twitter - ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠@European_DGI⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Become a Premium Member for just 129 Euros a year: ⁠⁠⁠⁠⁠⁠https://dividendtalk.eu⁠⁠⁠⁠⁠⁠Disclaimer: Educational content only. Not financial advice.

We're kicking off Season 7! This week we cover Bayer's (BAYN.DE, BAYRY) Supreme Court win in the Roundup case and the reopened Strait of Hormuz, then break down five bank dividend increases: Morgan Stanley (MS) +15%, Citigroup (C) +11.6%, Goldman Sachs (GS) +11.1%, Wells Fargo (WFC) +11.1% and JPMorgan Chase (JPM) +10%. Our main topic: the dividend growth investing mindset in "the boring middle" — staying motivated through years of slow compounding, why higher-yield names like Intel (INTC) and HP (HPQ) start looking tempting, and why we still buy growers like Accenture (ACN) and PepsiCo (PEP) even though the Magnificent Seven could have beaten our returns. Plus listener questions on diversification, rebalancing, the LDEG Europe dividend ETF, WACC/ROIC, cash-secured puts and more. ⁠Join us :Discord group - ⁠⁠⁠⁠⁠⁠https://discord.gg/nJyt9KWAB5⁠⁠⁠⁠⁠⁠Follow us: Twitter - ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠@DividendTalk_⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ Twitter - ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠@European_DGI⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Become a Premium Member for just 129 Euros a year: ⁠⁠⁠⁠⁠https://dividendtalk.eu⁠⁠⁠⁠⁠Disclaimer: Educational content only. Not financial advice.

Episode 300. We made it 🎉This one was recorded live on our Discord Server, and it felt exactly like it should – a little chaotic, a lot of fun, and genuinely reflective at times.We were joined by two special guests: Nelson from Canadian Dividend Investing and Luke from the Wall Street Wildlife Investing Podcast (links below). Both appeared in listener surveys as all-time favourite episodes, so having them back for this milestone felt right.Here's what we covered:Where we both are on the dividend and FIRE journey right nowOur top yield on cost positions and what it feels like to hold themHow our investing philosophy has shifted over 300 episodes – and what has stayed exactly the sameListener quotes, including one from Claudius in Germany that stopped us in our tracksLive Q&A with the communityA closing toast (drinks were involved)Thank you to everyone who submitted questions, shared their favourite moments, and has been listening since the early days. Claudius said it best: it's about consistency!Here's to the next 300 🥂Links to follow Nelson:X: ⁠https://x.com/CDInewsletterPodcast: https://open.spotify.com/show/0K9MR37plzQF9GJ7KvpCaA?si=f6abf33d30ba45dcLinks to follow Luke:X: https://x.com/7LukeHallardPodcast: https://www.youtube.com/@WallStreetWildlifeJoin us :Discord group - ⁠⁠⁠⁠⁠https://discord.gg/nJyt9KWAB5⁠⁠⁠⁠⁠Follow us: Twitter - ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠@DividendTalk_⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ Twitter - ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠@European_DGI⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Become a Premium Member for just 129 Euros a year: ⁠⁠⁠⁠https://dividendtalk.eu⁠⁠⁠⁠Disclaimer: Educational content only. Not financial advice.

In Episode 299, We lay out their worst stock picks, the dividend cuts they didn't see coming, and the companies they were completely wrong about. Walgreens Boots Alliance (WBA), Tupperware (bankrupt), Canopy Growth (CGC), Intel (INTC), AT&T (T), Evolution Gaming (EVO.ST), Tanger Properties (SKT), WP Carey (WPC), VF Corp (VFC), Medtronic (MDT) , they're all here. Plus: Derek has a crypto secret.Also covered: United Health (UNH) and Medtronic (MDT) dividend hikes, listener Q&A on the Chowder Rule, EDGI's tier system, consumer staples accounting, Munich Re (MUV2.DE), Berkshire's TMHC deal, and most interesting stocks right now including ADP (ADP), Wolters Kluwer (WKL.AS), and Aalberts Industries (AALB.AS).Episode 300 is next week — live show. Join the link in the episode notes.Follow us: @DividendTalk and @EuropeanDGI on X/Twitter | dividendtalk.euNot financial advice. Derek and EDGI are not financial advisors. Always do your own research.Episode 300 is just weeks away — sign up for the live show via ⁠⁠https://docs.google.com/forms/d/e/1FAIpQLScSyGjwjj1cl1iAIIp87bJb5u3pq3Ez6yynchPzmxaz0sSLWw/viewform?usp=header⁠

May and June are peak dividend season for Europeaninvestors—we get that magical "kaching kaching" as companies distribute annual earnings after shareholder meetings. But this year, everything feels expensive. So what's an Dividend  investor to do when valuations are stretchedand the market seems to have priced in perfection? Episode 300 is just weeks away — sign up for the live show via ⁠https://docs.google.com/forms/d/e/1FAIpQLScSyGjwjj1cl1iAIIp87bJb5u3pq3Ez6yynchPzmxaz0sSLWw/viewform?usp=header⁠More at dividendtalk.eu Follow us @dividendtalk and @europeandgiDisclaimer: We are not financial advisors. All opinionsexpressed are for entertainment and educational purposes only. Always do yourown research before making investment decisions.