Easterly Government Properties (DEA) delivered FFO and revenue surprises of 0.00% and 4.35%, respectively, for the quarter ended December 2019. Do the numbers hold clues to what lies ahead for the stock?
Easterly Government Properties (DEA) delivered FFO and revenue surprises of 0.00% and -2.71%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?
Before the call begins, please note the use of forward-looking statements by the company on this conference call. The company intends these forward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in the Private Securities Litigation Act reform of 1995 and is making the statement for the purpose of complying with those safe harbor provisions.
Easterly Government Properties, Inc. (NYSE: DEA) today announced that the Company will release its first quarter 2020 financial results on May 5, 2020.
The lockdowns in the U.S. has resulted in the economy being shoved into reverse, giving investors plenty of options for stocks to buy. The Bureau of Economic Analysis (BEA) announced earlier this week that the first pass at the data for the first quarter of 2020 is very bad. The U.S. gross domestic product (GDP) dropped by 4.8%, which reverses the prior quarter's gain of 2.10%.And it will get worse on the data front. The majority of the lockdowns occurred only in the closing weeks of March. This means that for the current second quarter, with the vast majority of the U.S. under full lockdown, the further drop in GDP should be even worse than for the first quarter.In addition, the BEA also reported that personal consumption -- which represents the biggest segment of the economy dropped by 7.6%. And business spending on non-residential investment dropped by 8.6%.InvestorPlace - Stock Market News, Stock Advice & Trading TipsSource: Bureau of Economic Analysis & Bloomberg U.S. GDP (White) Personal Consumption (Blue) & Business Investment (Red) Source All of this means that the U.S. economy is likely headed into technical recession. Now, with the Federal Reserve near frantically buying all sorts of bonds, credit products, loans, ETFs and more -- as well as providing lending facilities all with the legally-required credit guarantees from the U.S. Treasury -- there is some stability entering the markets and the economy. Also, with President Donald Trump's administration getting Congress to go along with stimulus programs including the Coronavirus Aid, Relief & Economic Security Act of 2020 (CARES), there is further stabilizing cash being brought into the economy.Then of course, the gradual unlocking of the economy will bring some return in spending and investment in the economy. But with no real data to base any credible scenarios for recovery timing and amounts, the next return to boom times is a wild card at best. * 7 Smart Stocks to Watch as Volatility Stays Soaring Meanwhile, the general stock market -- as measured by the S&P 500 -- is up 26.6% since March 23. And since June 3 of last year, it is up more than 3%. This means that there are plenty of folks buying stocks to buy ahead of an eventual anticipated recovery in the economy.Source: Bloomberg However, it is worth noting that the composition of the S&P 500 Index has been changing. That said, as always, not all stocks and sectors are the same when it comes to the S&P 500 Index. But one of the bigger developments has been that the weightings of sectors in the Index have been shifting over the past year. And the biggest single market sector with accelerating weighting in the Index is the Information Technology sector.Source: Bloomberg The Information Sector has jumped from 21.14% of the S&P 500 Index in May of last year to a current level of 22.188%. And with many investors and traders seeking out technology stocks as defensive investments during the lockdowns, the buying and resulting price gains of the leaders inside this segment is changing the makeup of the overall Index.In turn, this provides some arguments against the idea that the stock market is showing that things are set to get better for the broader economy. For example, if we take a look at the unweighted S&P 500 Index against the traditional weighted (and tech-heavier now) S&P 500 Index, we can see that the recovery is not the same for the rest of the broader collection of stocks.Source: Bloomberg You can see that the unweighted index (SPW) hasn't been as fully in recovery mode as the tech-heavier weighted index (SPX). This means that there are many companies out of the 505 stocks in the index that are still troubled and challenged in the stock market. And perhaps this better reflects the truer nature of the U.S. economy when it comes to companies and consumers.For investors, I argue that you should make sure that you have some companies that -- by their nature and in their businesses -- are set up to profit whether the U.S. economy does move back to boom times; Or if the current economic bust is going to be around for a while to follow. * 3 IPOs Likely to Be Delayed by the Coronavirus These companies and their stocks are what I call "heads-I-win-tails-I-win" stocks. No matter which direction the economy goes, they are set to profit. That said, these companies are: * Easterly Government Properties (NYSE:DEA) * Life Storage (NYSE:LSI) * B. Riley Financial (NASDAQ:RILY) * Ritchie Brothers (NYSE:RBA) * KAR Auction Services (NYSE:KAR)So, with that in mind, here's a look at some stocks to buy right now. Stocks to Buy: Easterly Government Properties (DEA)Source: Bloomberg Easterly Government Properties is a real estate investment trust (REIT). Many REITs have significant challenges right now. REITs that own retail properties are in serious trouble, and REITs that own leisure and entertainment properties and resorts are in serious jeopardy. Residential property REITs also have issues with tenants seeking to delay lease payments or full on default.Moreover, some commercial property REITs are also getting squeezed now by tenants that can't or won't pay. And these may well be further squeezed as more companies recognize that remote work is working potentially reducing needed office space.However, the one entity that has plenty of cash now and in the future is the U.S. government. And this is the primary tenant of Easterly. This is perhaps one of the few companies that have financial reports and data that actually have credibility in that the U.S. government will continue to pay and continue to lease its properties. Revenue has been up by 38.1% over the past year, and it derives a return on funds from operations (FFO) -- which is the return on the actual property leases of 9.7%. And it pays a dividend yield of 3.8%.DEA's stock has generated a return of more than 60% over the past five years. And yet, the stock is valued at only 1.9 times its intrinsic book value. All in all, these reasons make DEA one of the top stocks to buy. Life Storage (LSI)Source: Bloomberg Life Storage (LSI) is a beneficiary of transitions in the economy. Disruptions bring need to store household and business goods as folks will have to move or adjust living spaces. That said, the stock is reflecting the capabilities of the company while it is still down a bit for the year. But since March 23, it has outperformed the S&P 500 by a small margin.However, what makes Life Storage more attractive now and going forward is one of its developing initiatives that is very focused on the evolution of the U.S. economy and commerce.Its developing product or service called Warehouse Anywhere is exactly what the current and transitioning retail and business products market needs. Life Storage has set up facilities that are tailorable for businesses to have localized warehouse space in the company's facilities. And with radio frequency identification devices (RFID), customers can have goods delivered, tracked and deployed to their own customers on a localized basis with Life Storage offering logistics support. * 3 Millennial Stocks to Consider Buying Now This is exactly what Amazon has been developing for its own platform and for some of its platform vendors. And with that, it makes LSI a good looking member of these stocks to buy. B. Riley Financial (RILY)Source: Source Bloomberg The lockdowns in the U.S. economy has resulted in shuttering of countless retail stores around the nation. And even before the lockdowns, retail was already in trouble with thousands upon thousands of stores slated to be closed either in company consolidations or bankruptcies.Each and every store that is closed has to be dealt with. Think of all of the inventories, fixtures, real estate and other assets -- as well as settling local liabilities. And the company which is the leader and is the best in the business of closing the deal on closings is Great American Group.Great American Group has reported closing more than 6,800 stores since 2013, amounting to over $13 billion in assets. The company is set to do a fire sale of a business for 2020, as the closing market is showing signs of surging further both during and post lockdowns.Additionally, Great American Group is part of an even more interesting company called B. Riley Financial. And yes, it's another member of good stocks to buy.B. Riley was founded by its CEO Bryant Riley, who is the largest shareholder in the company, and -- along with management -- owns 27.3% of the shares of the company. That said, Bryant just bought a pile more of the stock last month.B. Riley is a financial firm that provides a big umbrella and structural underpinnings for six core businesses, which ithas either acquired or merged with over the past several years including Great American Group. B. Riley also acquired FBR - which was a favored investment bank with capital markets expertise in specific industries which I used to have regular dealings with the company in my former banking days.Then there's another business which I like quite a bit in B. Riley Principal Investments which is an alt-financial. Principal Investments makes loans and takes equity stakes in a variety of companies as it inches out traditional commercial banks. And it is benefitting from Federal Reserve buying of business loans adding to its liquidity now and opportunities later.Principal Investments works well with B. Riley Capital Management in loan origination as well as other direct asset acquisitions and management. And in turn, B. Riley Wealth Management utilizes the strengths of FBR and the other business to provide family office and other private client asset management with more than $10 billion reporter in assets under management (AUM)And then there's GlassRatner which dove tails nicely with Great American. GlassRatner specializes on workouts of failed or failing companies including restructuring, bankruptcies as well as valuation of assets and legal and accounting counseling.The company has a tremendous amount of cash and equivalents on hand - but management including Bryant Riley likes leverage to drive returns higher. As such, debts to assets are higher at 73.10%. This gives me some pause if there is a stumble - but provided that the company has divisions which work in expanding and contracting economies and markets - there are internal business hedges which makes it all the more appealing. And the stock pays a ample dividends with plenty of special additional payouts for a current yield of 5.03%. All of these reason combines make RILY a great option for investors looks for stocks to buy. Ritchie Brothers (RBA) and KAR Auction Services (KAR)How many films of economic collapses have scenes whereby family farms are being auctioned off with ma and pa tearing up for the camera?Auctions are one of the more efficient means of disposing of assets quickly and efficiently during times of strife including bankruptcies and whole industry disruptions.There are two auctioneering companies that I have inside my model portfolios of my Profitable Investing including Ritchie Brothers (RBA) and KAR Auction Services (KAR).Ritchie Brothers was founded by three brothers that inherited a furniture store business from their father. It also came with lots of debt and they needed cash quickly during a tough time. They came up with an auction and cleared their debt, raised lots of cash and their business was born.During the good times, it auctions business and industrial equipment that is in demand online and in person providing quick and cheaper access to goods that are needed in place or in the field in quick order.And during bust times, it liquidates all sorts of stuff on behalf of businesses or their lenders and again collect lots of fee income in doing so.KAR Auction Services as its name implies provides auctions for cars and other vehicles. During economic boom times, folks are eager to buy and lease new cars. And in turn - this leaves plenty of used cars that have to be liquidated to keep the flow of cars coming through dealerships around the nation. And lease companies need to get rid of off-lease cars and turn to auctions.Now in bust times - there is an absolute glut of used cars and KAR is stepping up its operations. And in addition, it also has a specialty in damaged or salvage vehicles for parts. Insurance companies don't want to keep cars that have been totaled. KAR solves their problem and has eager buyers for parts which now are often more valuable due to parts shortages with factories locked down.Both Ritchie Brothers and KAR Auction Services also pay nice dividends, as RBA yields 1.86% and KAR yields 5.07%. That said, both of these names make up two more great stocks to buy.Neil George was once an all-star bond trader, but now he works morning and night to steer readers away from traps -- and into safe, top-performing income investments. Neil's new income program is a cash-generating machine … one that can help you collect $208 every day the market's open. Neil does not have any holdings in the securities mentioned above. More From InvestorPlace * America's 1 Stock Picker Reveals Next 1,000% Winner * 25 Stocks You Should Sell Immediately * 1 Under-the-Radar 5G Stock to Buy Now * The 1 Stock All Retirees Must Own The post 5 Stocks to Buy That Win in a Boom or Bust appeared first on InvestorPlace.
Adobe, DaVita on the list Continue reading...
We hate to say this but, we told you so. On February 27th we published an article with the title Recession is Imminent: We Need A Travel Ban NOW and predicted a US recession when the S&P 500 Index was trading at the 3150 level. We also told you to short the market and buy […]
It is never too early or too late, and no one is too young to begin investing. I know this, as I began to learn as a small child. I started by learning the basics of how companies issue stock, and how stocks are then bought and sold on the exchanges. And my learning commenced with building a model portfolio that I would paper trade. Each day I would check the stock prices -- which way back when were listed in the daily newspapers.I would go on to open a small brokerage account and work with my own money -- all supporting my learning experience. Of course, I would gain and lose along the way.Back then, commissions were a lot steeper than the discounted -- and even free -- rates of today. So, my choices were more about what to buy and own. I had to have a high level of confidence to overcome the costs of buying and selling, which meant I had more "buy and own" in my portfolio.InvestorPlace - Stock Market News, Stock Advice & Trading TipsI would later learn and appreciate the power of dividends, which bolstered my portfolio as they were credited to my account. And this appreciation has continued through to today. I remain firmly in favor of focusing on stocks that pay you well through good and rising dividend distributions. Why Dividends MatterThis is an important lesson. Dividends continue to be one of the biggest sources of overall total return in the stock market. Take for example the performance of the S&P 500 over the trailing 20 years.The index gained in price by 104%, but with dividends the return swells to 201.4% which is nearly double the price movement alone.Source: Chart from Bloomberg S&P 500 Total Return That's a big premium over just investing for price growth. And those dividends worked to cushion returns during bear markets over those same 20 years. * 9 Asian Stocks to Buy for a Post-Coronavirus Recovery For beginner investors, it's not just about dividends. Investing should also contribute to learning more about the underlying companies behind the stocks. by investing in the right dividend stocks that are in distinct industries and markets, beginner investors will learn more about how business works. * Compass Diversified Holdings (NYSE:CODI) * Hercules Capital (NYSE:HTGC) * Kinder Morgan (NYSE:KMI) * NextEra Energy (NYSE:NEE) * Easterly Government Properties (NYSE:DEA)I've put together a small collection of five stocks that pay dividends that range from close to the average of the S&P 500 to many multiples more. And they are in varied segments ranging from industrial and consumer products, technology, utilities, real estate investment trusts (REITs) and the energy market. Dividend Stocks: Compass Diversified Holdings (CODI)Source: Chart from Bloomberg Compass Diversified Holdings Total ReturnDividend Yield: 9.5%I start with Compass Diversified Holdings. This is a holding company which owns a collection of industrial and consumer products companies which it buys, owns and sometimes sells. And along the way, the company collects lots of cash flows from its underlying companies.In turn, it pays a lion's share of the profits in the form of a big dividend. It currently yields 9.5%.And yes, the stock did selloff in March with the dash for cash. But still -- over the trailing five years with that ample dividend it has returned 34.4% for an average annual equivalent return of 6.1%. Hercules Capital (HTGC)Source: Chart from Bloomberg Hercules Capital Total ReturnDividend Yield: 14.2%Next is Hercules Capital. This is a Silicon Valley-headquartered firm which seeks out new and developing technology companies in its neighborhood and beyond. It works to finance their developments and takes equity participation. Then, Hercules provides guidance in their development, including eventual exit strategies through company sales and initial public offerings (IPOs). It too pays a bigger dividend which currently yields 14.2%.Hercules is viewed as a financial business lender, not an equity investor. But it's involved in promising tech companies, including those in biotech, giving it a particular value. * 9 Robust Stocks to Buy to Survive a Bear Market And despite the fall in price in March, it is still positive in return including that dividend income. Kinder Morgan (KMI)Source: Chart from Bloomberg Kinder Morgan Total ReturnDividend Yield: 7%Then, we move on to the energy market in the reliable dividend-paying segment of oil and gas pipelines. My pick here is Kinder Morgan. Kinder Morgan owns and operates a massive network of pipeline and related oil and gas infrastructure that is crucial to the petroleum industry in the U.S.And while oil prices have plunged with skirmishes between OPEC and its allies, petroleum isn't going away. It's a must-have for the U.S. and global economies. It generates an increasing amount of revenues and profits which in turn it pays a portion of in a dividend yielding 7%.Kinder Morgan's stock got sold off with the general S&P 500 in March, which makes it a particular bargain right now. You can buy the stock right now at a 5% discount to its intrinsic value (book value) which would be very difficult to replicate in its vast pipeline network. NextEra Energy (NEE)Source: Chart from Bloomberg NextEra Energy Total ReturnDividend Yield: 2.4%Next is one of the most impressive of U.S. power utility provides -- NextEra Energy. This company provides regulated power to customers in Florida. And it also provides unregulated wind and solar-generated power throughout North America and beyond.This combination of reliable cash flows from its regulated business and growth from the unregulated business has been generating ample gains in the stock price along with a modest dividend yielding 2.4%. * 7 Bank Stocks to Watch as Earnings Season Heats Up The total return of this defensive utility is impressive over the past five years, running at 159.9% for an average annual equivalent return of 21%. Easterly Government Properties (DEA)Source: Chart from Bloomberg Easterly Government Properties Total ReturnDividend Yield: 3.9%Last up is a favorite REIT that is perhaps the most defensive property landlord in the U.S. market. Easterly Government Properties leases properties to the U.S. government.And while other tenants of REITs are indeed in jeopardy with the current economic lockdowns, the U.S. Department of Treasury will keep cutting rent checks to Easterly. This ensures that the dividends will be paid. And yielding 3.9%, the stock is a good payer in the current market.Easterly is a good and reliable dividend payer. But it has also generated steady gains over the past five years alone with a total return of 109.9% for an average annual equivalent return running at 16%. And it is a good value. The stock is only valued at 1.9 times its underlying book value of all of those dependable government-leased properties.Neil George was once an all-star bond trader, but now he works morning and night to steer readers away from traps -- and into safe, top-performing income investments. Neil's new income program is a cash-generating machine … one that can help you collect $208 every day the market's open. Neil does not have any holdings in the securities mentioned above. More From InvestorPlace * America's 1 Stock Picker Reveals Next 1,000% Winner * 25 Stocks You Should Sell Immediately * 1 Under-the-Radar 5G Stock to Buy Now * The 1 Stock All Retirees Must Own The post 5 Ideal Dividend Stocks for New Investors appeared first on InvestorPlace.
Easterly Government Properties, Inc. (NYSE: DEA) (the "Company" or "Easterly"), a fully integrated real estate investment trust ("REIT") focused primarily on the acquisition, development and management of Class A commercial properties leased to the U.S. Government, announced today that management will present at the Citi 2020 Global Property CEO Conference in Hollywood, Florida on Monday, March 2, 2020, at 2:20 PM Eastern Time.
As you might know, Easterly Government Properties, Inc. (NYSE:DEA) recently reported its annual numbers. Revenues were...
The REIT sector is been plagued with trouble and woe in the past month. Tenants threaten to stop paying their leases, REITs have suspended or cut dividends, equity values have plummeted, cautions Steve Mauzy, editor of Wyatt Research's Personal Wealth Advisor.
Easterly Government Properties, Inc. (NYSE:DEA), a fully integrated real estate investment trust focused primarily on the acquisition, development and management of Class A commercial properties leased to U.S. Government agencies, announced today that its Board of Directors has approved a quarterly cash dividend of $0.26 per common share. The dividend will be payable on June 25, 2020 to shareholders of record on May 14, 2020.
Easterly Government Properties, Inc. (NYSE: DEA), a fully integrated real estate investment trust focused primarily on the acquisition, development and management of Class A commercial properties leased to the U.S. Government, announced today that it has acquired a 79,212-square foot Department of Veterans Affairs ("VA") Outpatient Clinic in Mobile, Alabama ("VA - Mobile").
The film mogul would like to create an entertainment district with a theater, restaurants and museum, along with public tours.
Easterly Government Properties, Inc. (NYSE:DEA), a fully integrated real estate investment trust focused primarily on the acquisition, development and management of Class A commercial properties leased to the U.S. Government, announced today that it has acquired a 51,647-square foot Department of Veterans Affairs ("VA") Outpatient Clinic in Chico, California ("VA - Chico").
Easterly Government Properties, Inc. (NYSE: DEA) (the "Company" or "Easterly"), a fully integrated real estate investment trust ("REIT") focused primarily on the acquisition, development and management of Class A commercial properties leased to the U.S. Government, today announced its results of operations for the quarter ended March 31, 2020.
Easterly Government Properties, Inc. acquires a 203,269-square foot Federal Justice Center occupied by the FBI and DEA in El Paso, Texas
Q4 2019 Easterly Government Properties Inc Earnings Call
Yes, the markets are roaring back and even first-quarter earnings are looking better than expected.But even as businesses open up and the novel coronavirus fades, we're not headed back to normalcy quickly. It's going to take a while.Also, all measures of performance are in an odd spot. How do you calculate what good earnings are after a complete economic shutdown? It's all going to be guesswork. And that means volatility.InvestorPlace - Stock Market News, Stock Advice & Trading TipsWhat you want to have in your portfolio are solid stocks that will be there come what may and pay you a little for owning them. These are long-term positions that offer total returns -- dividends and capital gains -- not sexy stocks that will rally 6% in a day, then fall 10% and then rally 5%. * 9 Healthcare Stocks to Buy Even After the Coronavirus Fades The seven fundamentally solid dividend stocks to buy now are screened by my Portfolio Grader I use to find Growth Investor plays and represent some of the best long-term buys in the markets today. * Easterly Government Properties (NYSE:DEA) * Frontline (NYSE:FRO) * Carlyle Group (NYSE:CG) * Unum Group (NYSE:UNM) * Huntsman (NYSE:HUN) * Dominion Energy (NYSE:D) * Xerox (NYSE:XRX) Dividend Stocks: Easterly Government Properties (DEA)Source: Shutterstock Dividend Yield: 3.9%Easterly Government Properties is a shining example of the kind of stock I'm talking about today.It's a real estate investment trust (REIT) that has one of the most reliable tenants in the world -- the U.S. government.It's based in Washington, D.C. and leases Class A properties to government agencies. DEA operates 72 properties for 32 agencies with nearly 7 million square feet of space.DEA has been around since 2011, so it's relatively new in the REIT space. But this is a very unique niche with a serious competitive moat.Currently it has a solid 3.9% dividend, which shouldn't be affected by any of the economic issues visited upon the broader economy. The stock is up 50% in the past 12 months, so there's some significant growth there as well. Frontline (FRO)Source: VladSV / Shutterstock.com Dividend Yield: 17.1%Frontline is a commodity shipping company that ships dry and wet cargo. That basically means it has ships that will carry iron ore or coal (dry cargo) as well as oil and liquified natural gas (wet cargo). It carries a variety of other products as well.Shipping is a very cyclical business and that tends to be reflected in its dividend as well.When the economy is going strong, shipping firms are in demand and the stock rises as the dividend falls. When it gets seasonally slow -- usually summer -- the dividend rises as the stock falls.But that cycle has been affected by Covid-19. That's why FRO stock has a 17.1% dividend right now. But as the global economy comes back online, that dividend will shrink as the stock rises. * 7 of the Best Large-Cap Stocks to Buy Now This is a seasonally volatile industry, but there's a lot of upside at this point, and FRO has become a "strong buy" in my stock-picking system in this market. And that huge dividend should keep you happy as growth picks up. Carlyle Group (CG)Source: Casimiro PT / Shutterstock.com Dividend Yield: 3.9%Carlyle Group is an asset management company. That means it uses private investors' money to run its investment operations. Those include private equity, real estate, global credit and investments.It has been around since 1987 and has a very blue-chip client list of global leaders and royal families that want a solid place to park their money and get a consistent long-term return.For the rest of us, we can ride their coattails by owning the company at large.It has grown from a boutique private firm into a powerful global company with a $9 billion market capitalization. And the entire time it has kept investors' money safe and productive.It delivers a healthy 3.9% dividend and the stock is up 24% in the past year. Unum Group (UNM)Source: Casimiro PT / Shutterstock.com Dividend Yield: 6.7%Unum Group specializes in supplemental insurance benefits. Basically, it offers long-term and short-term disability insurance, as well as group life and accidental death and dismemberment policies. It also owns Colonial Life, which is a health insurance provider.Insurance is always a corner of the market I like to monitor for Growth Investor plays. This particular company has been operating since 1848, so it has seen global and national events over that time, including some of the biggest market dislocations before the Great Depression.Currently, it operates mainly in the U.S. and the United Kingdom.While the job market has shrunk during this period, UNM sits on piles of cash since many of its policies don't pay out as regularly as broader health insurance companies do. This protects it from some the damage in the markets right now.The stock has been hammered in recent months, off 35% in the past 3 months, and 53% over the past 12 months. But its dividend is now sitting at a rich 6.7% and given its long track record, there's little chance it will cut that dividend.And as the market recovers, the stock will recover as well, making up lost ground quickly. Huntsman (HUN)Source: Casimiro PT / Shutterstock.com Dividend Yield: 3.9%Huntsman is a chemical manufacturer in Texas that focuses on the plastics, automotive and construction industries.And earlier this month is made 50 tons of hand sanitizer and distributed it to hospitals and pharmacies for free.It was founded in 1970 by Jon Huntsman and remains a family-run company in its second generation.The company's client list reads as a "Who's Who" of industrial blue-chip players across various industries. And it has made solid in-roads to China and other nations beyond U.S. shores over the years. * 30 Consumer Stocks to Buy Once the Coronavirus Pandemic Passes This is a cyclical business, so it has suffered in the current environment. It's off 22% in the past 12 months. But in the past month the stock is up 16%, which shows there are buyers moving in while it's on sale. It delivers a solid 3.9% dividend. Dominion Energy (D)Source: ying / Shutterstock.com Dividend Yield: 4.8%Dominion Energy is a big electric utility that has service operations in Virginia, West Virginia, the Carolinas and Ohio. It also has some operations as far away as Wyoming and Utah.Dominion also has an unregulated natural gas business, with one of the few liquefied natural gas export terminals in the country, at Cove Point, Maryland. This has enormous potential, not just for Dominion's own natural gas supplies but collecting fees from other suppliers looking to export their LNG.It is also investing heavily in renewable energy resources. Its balance between regulated and unregulated businesses allows it to maintain a solid growth rate and dividend, with a growth kicker when times are good.Right now, it's a flight-to-safety stock for many, so it isn't cheap here. But it still delivers a generous 4.8% dividend and is up slightly in the past 12 months. And I've got even better growth and income plays for you now. Xerox (XRX)Source: BalkansCat / Shutterstock.com Dividend Yield: 5.6%Xerox was once so popular and ubiquitous that its name was synonymous with making a copy -- as both a noun and a verb. You Xeroxed the report and handed out Xeroxes of that report.But those days are long behind it. From running the Palo Alto Research Center (PARC) where Steve Jobs got the ideas for a mouse and the graphical user interface for Apple (NASDAQ:AAPL), it failed to keep up with the times and couldn't take advantage of its own research.And while it made some efforts to regain its vaulted position, the world of copiers and digital printing wasn't where the big money was headed.In 2018, the company was going to allow itself to be sold to Fujifilm (OTCMKTS:FUJIY), but investor Carl Icahn and others stepped in and fought the sale. Late last year it tried a hostile takeover of HP (NYSE:HPQ), but Covid-19 brought an end to that effort.It still sports a $3.9 billion market cap and has sold off more than 50% in the past year. But with a revived board and management -- and Icahn's backing -- there's still hope it can build a solid company through acquisitions.The stock has a 5.6% dividend, which is far better than a money market account.Legacy tech is tricky, though, if what you're looking for is growth. That's why I'm looking in a completely different group, where my favorite stock offers both dividends and huge growth opportunities. The AI Master KeyIf artificial intelligence (AI) sounds futuristic, even far-fetched -- well, keep in mind, you're already using it every day. If you've ever used Alphabet's (NASDAQ:GOOG, NASDAQ:GOOGL) Google Assistant or Apple's (NASDAQ:AAPL) Siri … if you've had Netflix (NASDAQ:NFLX) recommend a movie or Zillow (NASDAQ:Z) recommend a house … even an email spam filter … then you've used artificial intelligence.In this new world of AI everywhere, data becomes a hot commodity.As scientists find even more applications for artificial intelligence -- from hospitals to retail to self-driving cars -- it's incredible to imagine how much data will be involved.To create AI programs in the first place, tech companies must collect vast amounts of data on human decisions. Data is what powers every AI system. As one AI researcher from the University of South Florida puts it, "data is the new oil."To cash in, you'll want the company that makes the "brain" that all AI software needs to function, spot patterns and interpret data.It's known as the "Volta Chip" -- and it's what makes the AI revolution possible.You don't need to be an AI expert to take part. I'll tell you everything you need to know, as well as my buy recommendation, in my special report for Growth Investor, The A.I. Master Key. The stock is still under my buy limit price -- so you'll want to sign up now. That way, you can get in while you can still do so cheaply.Click here for a free briefing on this groundbreaking innovation.Louis Navellier had an unconventional start, as a grad student who accidentally built a market-beating stock system -- with returns rivaling even Warren Buffett. In his latest feat, Louis discovered the "Master Key" to profiting from the biggest tech revolution of this (or any) generation. Louis Navellier may hold some of the aforementioned securities in one or more of his newsletters. More From InvestorPlace * America's 1 Stock Picker Reveals Next 1,000% Winner * 25 Stocks You Should Sell Immediately * 1 Under-the-Radar 5G Stock to Buy Now * The 1 Stock All Retirees Must Own The post 7 Fundamentally Solid Dividend Stocks to Buy appeared first on InvestorPlace.
William Trimble has been the CEO of Easterly Government Properties, Inc. (NYSE:DEA) since 2015. First, this article...