This Congressman Just Purchased 2 Stocks Which Consistently Increase Dividends

Zinger Key Points
  • Rep. Dwight Evans reported the purchase of between $1,000 to $15,000 in shares of Sempra Energy traded on Nov. 14.
  • Evans also purchased shares of Roche Holding, a Swiss multinational healthcare firm that has been around for 125 years.

Congressman Dwight Evans (D-PA) has represented Pennsylvania's Third Congressional District since 2019, and has made over 70 trades in the past three years. His top two traded investments are Intel INTC and ARK Genomic Revolution ETF ARKG, according to Capitol Trades.

Here are two dividend stocks Evans recently purchased for his portfolio.

Also Read: House Member That Lobbied For PPP Loans In Gaming Just Sold 2 Dividend Stocks

Roche Holding AG RHHBY is offering a dividend yield of 3.11% or $1.24 per share making annual payments, with a decent track record of increasing its dividends for three consecutive years. Roche Holdings is a Swiss multinational healthcare firm that has been around for 125 years and has grown into one of the world’s largest biotech companies, as well as a leading provider of in vitro diagnostics and a global supplier of transformative innovative solutions across major disease areas.

The congressman has reported the undisclosed purchase of between $1,000 to $15,000 in shares of Roche Holding traded on Nov. 14, 2022. The cost basis for this purchase order was $41.33 per share, according to Capitol Trades.

Sempra Energy SRE is offering a dividend yield of 2.86% or $4.58 per share annually, utilizing quarterly payments, with a strong track record of increasing its dividends for 11 consecutive years. Sempra Energy is headquartered in San Diego, California, and is one of the largest utility holding companies in the U.S. serving more than 40 million consumers worldwide.

Evans has reported the undisclosed purchase of between $1,000 to $15,000 in shares of Sempra Energy traded on Nov. 14, 2022. The price paid for these shares was $155.61 per share, per Capitol Trades.

Congressional Trading: Sen. Elizabeth Warren (D-MA) and Sen. Steve Daines (R-MT) want to ban members of Congress and their spouses from owning or trading individual stocks.

Photo: Courtesy of commons.wikimedia.org

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