Dividend Stock Investing

[The Virginian]

Thanks WXYZ, IBM is nearing a yield of 4% - Perhaps it is time to consider jumping back in? That being said - I do not care for the IBM leadership particularly Virginia Romety the CEO.  Another problem I have is that I cannot visualize where the company is headed, as they seem to be trying to discover that themselves.

But, if it goes above 4% I will start taking a closer look at it again. They need a change in leadership !

[The Virginian]

For those that are seeking opportunity
 now is the time to make a move on Vector Group (VGR).

I own this stock as a long term play but many like to make a quick buck and get out.

VGR will pay a .40 cent per share dividend in Sept. In addition it usually pays a 5% "stock Dividend" in September also.
Although neither has been officially announced it is highly anticipated.

So - Invest $10,000 in the stock at today's price = $21.22 equals 471 shares.

471 x .40 = $188.40
471 x 5% = + 23 shares.

23 shares @ $21.22 = $488.06

$488.06 + $188.40 = $676.46 profit ! Not bad for about 2 months.


What to expect. - Historically you will see the share price steadily climb between now and the ex dates (probably will climb close to $23 per share and then will see a sell off after the payouts) (Probably to less than $21 per share) and then it will stable out again.

As I said above - I own this stock as a long term play but many prefer to take the short term plays.

Risks - It is possible that VGR may not pay a "Stock Dividend" this year. So do your research !

To view VGR's Dividend History:

www.vectorgroupltd.com/investor-relations/faqs/#4


This is not a recommendation but just my own observations - please do your own research before making an investment decision.

[The Virginian]

Perfect day to buy VGR Stock in reference to the above post !

Down over 4% !

[The Virginian]

Putting my money where my mouth is :

I picked up an additional 700 shares of VGR this morning @ $19.89 per share.
VGR was down another 6.5% today making it about 11% cheaper.

[The Virginian]

Main Street Capital  (MAIN) has Increased its Dividend 2.7% !

From .185 per share monthly to .19 per share monthly !

In addition this BDC historically pays a "special dividend" in June and December each year of about .27 cents per share.

[The Virginian]

DOW Breaks 22,000 !

[The Virginian]

Newtek (NEWT) raises its Dividend 10% !

NEWT has increased its dividend from .40 per share quarterly to .44 per share quarterly or to $1.76 per share annually.

[The Virginian]

Added to my NRZ (+270 Shares)  and VGR (+350 Shares) positions this morning.

[The Virginian]

Big "MO" Raises its Dividend 8.2% !

Altria (MO) has raised its quarterly dividend from .61 cents per share to .66 per share.

Annually from $2.44 per share to $2.64 per share !

[The Virginian]

I wonder -- How many people received a 8% raise from work this year?

Not many I would bet !

[The Virginian]

Vector Group (VGR) declared its Quarterly Dividend of $.40 cents per share. Ex Dividend date of Sept. 19th

In addition - It also declared its annual stock Dividend of 5%.

[The Virginian]

General Electric (GE)
Time to back up the Truck and start loading up!

I have GE in two of my portfolios - my IRA and a Taxable account. I have been contemplating selling and investing in a higher yielding stock. I have decided against that mainly because of its new leadership and his announcement yesterday of his intentions to start cutting jobs aggressively, especially in the ones that do not produce revenue for the company.

I think I will wait and see what happens and continue adding to my positions each quarter. 

I believe we will see some major improvement in the stock price over the next couple of years. In the meantime I will be payed about 4% in Dividends for my patience.

[The Virginian]

Purchased more AT&T (T)  this morning !
A nice safe yield above 5% and a Dividend raise coming soon !

[The Virginian]

Looks like I was a little early on GE - It now has a price target of $17 per share. If it hits that price I will be buying a lot of shares --- depending on the Dividend - a little cut okay, but stopping the Dividend altogether would be a whole new ball game. GE should have never sold the finance arms and it should be broken up into at least three segments. Aviation, Health and Industrial/Energy.

[The Virginian]

I think GE is a good --- LONG TERM play. But I have to admit , the companies leadership has me baffled.

[The Virginian]

AT&T (T) has broken a 5.5% Yield  - Now is the time to start adding stock. I added more shares this week and will continue to add below $36. I also intend to add some to my daughters account. The lower it goes the more aggressive I will become in adding. I really believe in this company with the Direct TV and Time Warner acquisitions . I believe AT&T leadership has a clear vision for the future.

[The Virginian]

Whitestone REIT  (WSR) is up to $13.50 prior to Monday's opening as news that it will join the Small Cap 600 !

Good News Mod - Have you held onto this winner? 

[The Virginian]

Phillip Morris (PM) has Raised its dividend about 3% !

Phillip Morris has raised its Quarterly Dividend from $1.04 to $1.07 per share.
The new annual dividend is now $4.28 per share.

While many expected a larger dividend I personally am very satisfied with the 3% increase as it shows that management is being conservative.

[The Virginian]

S&P 500 closes above 2500 !

[The Virginian]

Microsoft Raises Dividend 7.6% !

Microsoft has increased its quarterly dividend from .39 cents per share to .42 cents per share.

Annually per share is $1.68 per share.

[The Virginian]

I'm posting this because it is so ridiculous and I have never seen it before :

Ocean Rig (ORIG) is doing a Reverse Stock Split of :

9,200 shares for 1 !!!!!

This must be some sort of Joke !
(But I'm sure shareholders are not laughing)

[The Virginian]

Lockheed Martin (LMT) has Increased its Dividend 10% !

Lockheed Martin has raised its quarterly dividend from $1.82 per share to $2.00 per share.

Annually the dividend is now $8.00 per share !

[The Virginian]

In reference to post 3411-13 :

I purchased 700 shares of VGR @$19.89 = $13,923

Dividend earned = $280

Share Dividend = 35 Shares @20.65 = $722.75

Total Profit = $1,002.75 + $532 (Today's Price - Original Purchase Price) = a total profit of $1,534.75

Can't wait till next year !

[The Virginian]

Pfizer (PFE) is once again considering a spin off !
This time of its Consumer Health Division

I have been patiently accumulating shares since 2011 - Hopefully the patience will pay off !

[Value Buy]

Do you think GE has hit bottom now? I am thinking of jumping back in now that it is around $23 and Jeff Immelt is gone.
Should I hold out for $21 a share?

[Value Buy]

Oct 12, 2017 15:24:44 GMT -5 @wxyz said:

If it was me I would wait till "financials" showed that they had turned the corner.  I dont mind leaving a little money on the table in order to not try to catch a falling knife or waste investment money in a stagnant company.  There will be plenty of time to get in if they start to turn things around and their "financials" show that it is actually happening.  There are rumors that they will have to cut their dividend.  The new CEO will be addressing investors in November.  The dividend speculation and what will be said in November COULD have a potential big impact on price of GE, up or down.

If I already owned it, at this point I would just hang on.

At least for Virginian, the yield keeps getting bigger.

the yield keeps getting bigger for new buyers at a lower share price. He is still locked in at a lower return due to higher purchase price.
I always see this stated and never understood why people say that. Seems to be a personal way of just accepting the fact the stock is in the tubes right now.
(no offense meant, just an observation, and I have been in the same boat myself)
I have to say that dividend payout is looking good, and I do not think they will cut it.

[The Virginian]

Some are waiting for the financial results. Predicting $18-$20 per share. If that happens I will be adding more shares. Some even predict a dividend cut. I don't know what will happen short term but long term I believe GE is a great investment. I am hoping it will spin off the health care and at least one other segment. But who knows? My cost basis is $17.91 a share so not too worried.

[The Virginian]

Omega Health Care Investors (OHI) has raised its quarterly dividend 1.6%

from .64 cents to .65 cents per share. Annual Dividend is $2.60 per share.

This is the 21st consecutive Quarterly dividend Increase!

[The Virginian]

seekingalpha.com/news/3300971-ge-seen-cutting-dividend-next-week-bloomberg

If it happens - this would be the time to buy GE

[The Virginian]

DOW crosses 23000 Today !