Spire: The High-Yield Preferreds Are The Best Play For This Utility

Core Insights - The focus is on identifying dividend stocks with sustainable payout ratios and a history of growing dividends above inflation rates [1] - The investment strategy emphasizes value-oriented investing, inspired by Graham and Buffett, with a methodical approach to stock evaluation [1] Investment Strategy - The company maintains a watch list of evolving stocks to determine strong entry points for capturing appreciation and dividend yield [1] - Historical successful investments include Target, purchased at $51 per share in 2017, now at $130 with a 3.3% yield, and Emerson Electric, bought at $31 during the 2008-2010 recession, currently at $96 [1] Professional Background - The individual has an MBA from Columbia University and extensive experience in the finance industry, including roles as a registered investment advisor and commercial real estate lender [1] - The individual holds a certified general real estate appraiser license, indicating a focus on REITs, their dividends, and associated risks [1]