Core Viewpoint - The article discusses the author's journey in dividend growth investing and the establishment of a blog that documents this journey, highlighting the importance of community and personal experience in investment strategies [1]. Group 1 - The author has been investing since September 2017 and has a long-standing interest in dividend investing since 2009 [1]. - The blog "Kody's Dividends" serves as a platform for documenting the journey towards financial independence through dividend growth investing [1]. - The author expresses gratitude for the blog's role in connecting with the Seeking Alpha community as an analyst [1]. Group 2 - The author holds long positions in the shares of OKE and MPLX, indicating a personal investment strategy focused on these companies [1]. - The article emphasizes that the author's opinions are personal and not influenced by compensation from any company mentioned [1].

Group 1 - The article emphasizes the importance of investing in companies with longevity, particularly in the context of dividend growth investing [1] - The author has been involved in dividend investing since 2009 and has documented their journey towards financial independence through a blog [1] - The article serves as a platform for the author to share insights on dividend growth stocks and occasionally growth stocks [1] Group 2 - The author has no current stock positions or plans to initiate any within the next 72 hours, indicating a neutral stance on specific investments [1] - The article does not provide any investment recommendations or advice, highlighting the author's independent perspective [2] - The content reflects the views of individual investors and analysts, which may not align with the broader views of Seeking Alpha [2]

Core Viewpoint - Becton, Dickinson and Company (NYSE: BDX) is identified as a leading provider of medical supplies with significant undervaluation and a high dividend yield of nearly 2.5%, the highest in over a decade [1] Company Overview - Becton, Dickinson operates in various sectors including life sciences, infusion, and diagnostics [1] - The company is noted for its excellent dividend safety, making it an attractive option for dividend growth investors [1] Investment Strategy - The focus is on identifying undervalued large-cap stocks with sustainable dividend growth and potential for capital appreciation [1] - There is also an interest in tech and small- or mid-cap stocks for their growth potential, regardless of dividend status [1] Performance Metrics - The dividend yield of BDX is highlighted as being the highest in over ten years, indicating strong performance in terms of returns to shareholders [1]

My more established readers probably already know that I have an affinity toward dividend growth stocks. It's a subject that I've touched on in plentyHi, my name is Kody. Aside from my articles here on Seeking Alpha, I am also a regular contributor to Sure Dividend, The Dividend Kings, and iREIT+Hoya Capital. I have been investing since September 2017 (age 20) and interested in dividend investing since about 2009.Since July 2018, I have ran Kody's Dividends. This is a blog that is documenting my journey tow ...

Group 1 - The earnings season has been influenced more by geopolitical news than by the actual financial reports of companies [1] - The focus is on long-term growth and dividend growth investing, with an emphasis on finding undervalued stocks and high-quality dividend-growing companies [1] - Profitability is highlighted as a safer driver of gains compared to low valuation, with a focus on margins, free cash flow stability and growth, and returns on invested capital [1]

Core Insights - The article discusses the author's journey in dividend growth investing and the establishment of a blog that documents this journey, aiming for financial independence [1]. Group 1 - The author has been investing since September 2017 and has a long-standing interest in dividend investing since 2009 [1]. - The blog "Kody's Dividends" was launched in July 2018 to share insights and experiences related to dividend growth investing [1]. - The author credits the blog for introducing them to the Seeking Alpha community as an analyst [1].

Core Insights - The article discusses the journey to financial independence through disciplined living and strategic investing [2] - It emphasizes the importance of dividend growth investing and identifying undervalued high-quality stocks [2] Group 1: Financial Independence Journey - The individual transitioned from being financially unstable at age 27 to achieving financial freedom by age 33 [2] - The approach involved living below means and making intelligent investment decisions [2] Group 2: Investment Strategies - Focus on dividend growth investing as a primary strategy for generating income [2] - Highlighting the significance of high-yield situations and long-term investment opportunities [2]

Group 1 - The core belief is that successful investing involves consistently allocating capital to high-quality businesses rather than following seasonal selling trends [1] - The individual has been investing in equities since 2009, focusing on dividend growth investing to build a source of passive income [2] - The investment philosophy emphasizes improving situations and leaving things better than found [2] Group 2 - The analyst has disclosed a beneficial long position in specific Canadian stocks, indicating a personal investment interest [3] - There is a disclaimer regarding past performance not guaranteeing future results, highlighting the importance of individual investor suitability [4]

Company Overview - Realty Income has generated a compound annual total return of 13.6% since its listing in 1994, significantly outperforming the S&P 500 index by approximately four times [5] - The company currently has a market capitalization of $50 billion and is well-positioned for growth within the $22.5 trillion U.S. commercial real estate market [11] Investment Proposition - Realty Income offers a high yield of 5.7%, which translates to $57,000 annually for a $1 million investment, providing a substantial income source for retirees [1] - The company has a remarkably high occupancy rate of 98.5%, indicating strong demand for its properties and quality tenants [9] - Realty Income focuses on clients that supply consumer staple goods, ensuring consistent demand regardless of economic conditions [8] Financial Performance - The company has historically increased its dividend payout by an average of 4.3% annually since 1994, suggesting a strong potential for sustainable income growth [12] - Realty Income employs net lease agreements, which transfer many operating expenses to tenants, enhancing financial safety [9] Market Position - The real estate sector, particularly through REITs like Realty Income, is characterized by stability and lower risk compared to more volatile asset classes such as cryptocurrencies and penny stocks [4] - The company's strategy of investing in consumer-facing real estate provides a strong economic moat, as these properties are essential for various businesses [8]

As an investor, I aim to own the companies that play a role in as many aspects of our everyday lives as possible. Think of businesses that touchHi, my name is Kody. Aside from my articles here on Seeking Alpha, I am also a regular contributor to Sure Dividend, The Dividend Kings, and iREIT+Hoya Capital. I have been investing since September 2017 (age 20) and interested in dividend investing since about 2009.Since July 2018, I have ran Kody's Dividends. This is a blog that is documenting my journey towards f ...