TXNM Energy Raises Annual Dividend by 5.2%

In anticipation of inflation during a potential second Trump term, investors are eyeing high-yield corporate bond closed-end funds (CEFs), particularly the DoubleLine Yield Opportunities Fund (DLY), which has seen significant returns despite the crowded market. A recent appointment of hedge fund manager Scott Bessent as treasury secretary may influence Treasury yields, which have stabilized after an initial rise. Meanwhile, savvy investors are advised to avoid high-valuation growth stocks and instead consider companies like Revolve Group, which leverages AI to adapt quickly to fashion trends and has shown strong international sales growth. TXNM Energy announced a 5.2% increase in its annual dividend, reflecting the company's healthy financial position and commitment to shareholder value amidst a growing trend of stable returns in the energy sector. Additionally, Rithm Capital is highlighted as a solid investment due to its valuable mortgage servicing rights, which may gain in value as mortgage rates rise. Overall, a combination of strategic investments in bonds and growth stocks, along with dividend-paying companies, offers diverse opportunities in the current market landscape.