This Congressman Just Purchased 2 Stocks Which Consistently Increase Dividends

Congressman Dwight Evans, a representative from Pennsylvania since 2019 has engaged in a significant number of trades over the past three and a half years. Based on data from Capitol Trades, his top two traded stocks were Intel (INTC:US) and ARK Genomic Revolution ETF (ARKG:US).

Just a few months back, the lawmaker added two dividend stocks to his holdings portfolio. One of these was Roche Holding AG (RHHBY:US), which offers an annual dividend yield of nearly 3.11% or $1.24 per share. This Swiss multinational healthcare firm has an impressive history of increasing its dividends for three consecutive years. With a remarkable 125-year legacy, Roche Holding has become one of the world's largest biotech companies.

As per Evans' report to Capitol Trades, he made an undisclosed purchase of Roche Holding shares on November 14, 2022, with an investment ranging between $1,000 to $15,000. The closing price per share at the time of this trade was $41.33. 

The second dividend stock which the Congressman added to his portfolio was Sempra Energy (SRE:US), a prominent utility holding company headquartered in San Diego, California. Sempra Energy serves more than 40 million consumers worldwide and is recognized as one of the largest utility-holding companies in the United States. The firm offered a dividend yield of almost 2.86% or $4.58 per share annually in 2022, with quarterly payments.

According to Evans' disclosure, he increased his holdings of Sempra Energy on November 14, 2022, with an investment amount of $1,000 - $15,000. The price paid per share for this purchase was $155.61, as reported by Capitol Trades.

In conclusion, Congressman Dwight Evans has made several trades in the past few years, including investments in Roche Holding AG and Sempra Energy. These dividend stocks provide attractive yields and have shown consistent growth in their dividends.