Dividend Stock Investing

[ModE98]

HCAP is a favorite too, love monthly dividends.  But sure would like to see a small price correction before diving in.  It is up today, so far and market is off. 

[ModE98]

Mr. V., Glad to have more HRZN, but this sell off is a bummer, and I hope it does not last long.  My buy timing was a week too soon, it happens! .

[Ombud]

Dividends are light this month, just $850. Still better than a few years back. Right now it seems I get 1 good month, then this month, then 1 not so good -- repeat. It averages out ok I guess 

[The Virginian]

Apr 29, 2016 23:06:47 GMT -5 Ombud said:

Dividends are light this month, just $850. Still better than a few years back. Right now it seems I get 1 good month, then this month, then 1 not so good -- repeat. It averages out ok I guess 

I guess it depends on when your companies pay dividends. I have a 2 charts that I track mind with - and one of the columns tells me what month dividends are paid for that stock. Most of mine are paid in months  2,5,8 &11. I also track how much I earn yearly (expected)  from each stock and expected monthly Income.

Another way to help even it out is to collect a few monthly payers.

Some monthly payers are : O, STAG, LTC, CLDT, LAND, EPR, WSR, GOOD, DX, MAIN, PSEC. 

I would be happy to  send you a copy of my EXCEl spreadsheet if you would like Ombud.

[Ombud]

That would be helpful. Can you post here or via email?

[The Virginian]

Apr 30, 2016 16:32:34 GMT -5 Ombud said:

That would be helpful. Can you post here or via email?

Hey Ombud,

If you can post a file here I haven't been able to figure it out. If you PM me your email I will send you a copy.

[Ombud]

Check your PM. It should be there

[The Virginian]

I sent it ombud. Let me know if you don't get it. Hope it helps.

[Ombud]

Thanks! I've got most loaded, I'm converting from qtrly to monthly dividends for bonds

Apparently overestimated 2016 annual dividends. Knowledge is key to improving

[The Virginian]

(PSX)  Phillips 66 Raises its Dividend to .63 Cents a quarter.

The previous dividend was .56 cents  - This represents an increase of a whopping 12.%. Considering what has been going on in the oil industry the past year this large of a raise is amazing ! This is the sixth dividend increase for PSX since it was spun off from COP.

I hope my other refiners can deliver also !

[The Virginian]

Bought :

GOOD - REIT ( Already owned in another account) Monthly Payer (8.6%)
WPG - REIT (9.05%)
STWD - REIT ( Added to existing position) (9.5%)

SOLD :

FTR ( Sold position in two accounts) Yield - @ 8.5%

I replaced FTR with three stock positions - all at a slightly higher yield but spread out over three stocks to lower risk.

Thinking :

I have a large position in INTC - thinking about doing the same - selling for higher yielding stocks in 2 or 3 positions but have decided to give it more thought. So for now keeping it.

[tyfighter3]

JMO, but as we get closer to the election, we should start looking at Coal Miners and certain Utilities and back to the oil patch if Trump looks like he is going to Win. You know he will wipe out a lot of the Regulations that has been holding them back. That means jobs at 70,000 a year not the $8 per hour jobs that we have now. CAT and Deere will make a rebound and many more Company's that serve those industry's. I still think we will see a downturn in the markets this summer because of Valuations being a little to high right now and how the rest of the World just IS. Of-course this is JMO 

[The Virginian]

I believe CAT is a good buy. Might take awhile but with a 4% + yield it will pay you to wait.

As for the Coal Mines - I have already taken small positions. CNXC ( 23.22% yield)  & ARLP (11.3%). Risky but the payoff can be great. These two are two of the stronger names. In my opinion coal will be around for many more years.

Another good buy is UAN - (17.06%) They produce Nitrogen fertilizer. They were hit with the commodity sell off but fertilizer is a must for farmers.

These stocks are risky but well worth the risk for me. Please do your homework before jumping in.

[The Virginian]

Clorox (CLX) has raised it's Dividend from .77 cents per quarter to .80 cents per share per quarter which represents an increase of 3.9% !

This make the yearly rate $3.20 per share and the current yield 2.33 %

We will take it ! Always nice to get a raise !

[ModE98]

Sold HRZN monday and SCM today for cap gains.  Just do not trust the market, so nailing some nice profits now.  On buy list later in the year following any nice correction in price.  Also sold out position in WSR earlier.  Will stay in cash for now.
May be the wrong move, see what happens in next two months.

[The Virginian]

Hey Mod -

I have a position in WSR - Was there a reason for selling or just being cautious ?

[ModE98]

Just took profits and being cautious about a possible market correction soon.  I may be wrong in selling.  We'll see.

[ModE98]

Was able to buy some KMI at lows early today.  It has risen since and hope it holds.  It is a random market shot with market in red.

www.finviz.com/quote.ashx?t=KMI

Certainly "not everyone's cup of tea these days".

[tyfighter3]

finance.yahoo.com/news/oil-production-wont-meet-demand-211405767.html

V, I don't see oil or gas going away anytime soon either.

[tyfighter3]

Mod, it looks like a pretty good place to start on KMI.

[The Virginian]

May 19, 2016 17:42:22 GMT -5 tyfighter3 said:

finance.yahoo.com/news/oil-production-wont-meet-demand-211405767.html

V, I don't see oil or gas going away anytime soon either.

No, it's not going away.  Solar and wind are great but it is not going to replace fossil fuels for decades. In the meantime oil demand keeps increasing, and we are one small conflict away of oil increasing by 50% or more. Oil is a great medium to long term investment.

[ModE98]

Sold the KMI today, nice and quick 2C+ profit.  Market was demonstrating a bit of weakening in late morning.  Remain cautious in the early May-June period.  A nice 15-30% market correction would work fine.  Cash in hand, ready for bargain basement sale.


Since at my age, just live day to day, and hope to see light each morning; long term holding is not necessary in my port.  Try to have fun and make some $$$ daily when possible.  "Tomorrow" certainly is not a given when one is in the 90s+.  Chances are much better in the 80's or less.

[The Virginian]

Well, as long as you keep your mind active you are okay ! It seems you have great control over that one MOD !

Always wanted to ask - What was your profession before you retired? Have you always been in stocks or is this a recent hobby?

By the way - good going on KMI. Always nice to lock in a profit !

[ModE98]

Mr. V.......Outsmarted myself, up another 20 c per share at 3:25 EDT.   But a good profit is always welcome.
I was in AAC/U.S.Air Force for 26 active and 4 Reserve years. Retired AD 7/31/71.  Entered service 12/1/1942. 
First intro to stocks 1947-48 (VendiFreeze Corp.) and a total loss as company went bankrupt.  My step-father got me in to a start up that was closely held and "was to be the next big thing", according to the company officers who started the company.  Good experience to start...live and learn.  Then, out until 1959, until my commander got me interested again and a step at a time (learn as one goes) since.  Made a lot, lost a lot.  Dratted China investments were the big "disaster" 2007-2012.  What a dumb thing.  And, the late 1999 through early 2001 was a very costly experience (so many investors caught blind-sided.  One gets to know the risks the hard way. 
Nowdays, with no obligations and knowing "you can't take it with you", can do whatever.  Just do not play a fool and avoid stupidity.  Although some would say I am too much of a risk-taker in spite of myself.  And, so it goes.  Whatever, no big deal.

[ModE98]

Tyfighter's comment, "Mod, it looks like a pretty good place to start on KMI."  Excellent advice for younger investors.  Should be a keeper for long term minded investors, IMO.

[tyfighter3]

MOD, did you ever meet a guy with the handal " Deck- Ape" ?

[ModE98]

No, Ty, have not met or heard of "Deck-Ape". 

[ModE98]

Added some CSCO, EMR, F, KO, and PFE to the port today.  Reasonable dividend payers, better quality than BDC/REIT stuff.  Wanted to diversify a bit.  Will add a few more after July 1 closing on sale of my old condo.

[The Virginian]

Wow Mod - You are going traditional on us !  All good picks IMO.

[ModE98]

Yes, just in process of restructuring the port. Will also be adding T if it drops a point or two soon.  Was getting too heavy in BDC/REIT area with rather high, very risky payouts.  And too, with dividends now fully taxed as ordinary income, tax bracket status needed consideration. Better consider all one's tax status angles in a structured portfolio. Tax planning is quite important, avoid getting caught up with several K more owed IRS than expected.