Driftr
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Post by Driftr on Jun 17, 2011 14:13:49 GMT -5
My wife is converting her old 401(k)s into an IRA similar to what I did (with help but no prodding from yours truly). I will have control of these funds. MLPs are out, but I'm leaning towards trying out CEFs with 'her' account. Someone talk me out of PSEC, PGP, EOI, DEX and back into the single mega-caps I'm in today or I may do something crazy next week when the funds are available. Please note that market value basically takes a back seat to steady (or increasing) income generation over the long term as far as I'm concerned.
Anyone out there using these things?
Edited to strike through the PSEC. Not interested in the risk assiciated with a BDC.
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The Virginian
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Post by The Virginian on Jun 17, 2011 17:20:10 GMT -5
Why not just go with Large Cap Dividend Stocks ? A lot of the funds eat you alive with their fees.
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Driftr
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Post by Driftr on Jun 18, 2011 7:23:34 GMT -5
Why not just go with Large Cap Dividend Stocks ? A lot of the funds eat you alive with their fees. Check out the yields on the three CEF's I posted above. 2-3x the yields I'm getting on many of my large caps. The only reason I don't go for the high-flying yield individual stocks is the risk associated with them. Now, if I pay someone 1% of that yield to spread the risk over many high-yielders and do the research for me on which are least likely to go belly up, that might be worth it.
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The Virginian
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Post by The Virginian on Jun 18, 2011 11:13:20 GMT -5
Frank - you are the exception out there - not the rule.. It would have been nice to have a manager like you.
What I am doing now is beating the Heck out of that useless Merrill Lynch guy. He was getting rich off my money and I wasn't going anywhere. In addition Merrill Lynch charged a commission - 1% of your portfolio each year - They made money regardless if you were making money or not!
Unfortunately most don't really manage - they just put you in the funds that pay them the most!
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Driftr
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Post by Driftr on Jun 19, 2011 9:27:56 GMT -5
Is there some work-related rule you'd be breaking if you shared your favorites? If so, understood. If not, let's hear 'em. I'll be making some picks next week.
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Aman A.K.A. Ahamburger
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Post by Aman A.K.A. Ahamburger on Jun 20, 2011 2:50:16 GMT -5
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Driftr
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Post by Driftr on Jun 20, 2011 7:53:20 GMT -5
If "I" told ya "I"d have to..................................... Disappointing but understandable.
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Deleted
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Post by Deleted on Jun 20, 2011 10:32:41 GMT -5
FTI
Same boat as DRFTR
I have ammunition....and looking for additional items for portfolio
Would love to hear about your "favorites" if possible
But thanks for the second best list
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usaone
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Post by usaone on Jun 20, 2011 10:48:58 GMT -5
GE Gydva Cat Apple Google Gm Ford Increasing Dividends= Bull Market!!
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Deleted
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Post by Deleted on Jun 20, 2011 11:44:15 GMT -5
LOL
1 for 5 (right at the Mendoza line for the baseball fans) Actually 2/6 didnt see the GE symbol till after the fact
Never owned Apple or Google....probably one of my greatest blunders in investing. I always thought they were both overbought...and over hyped.....and way too pricey for the conservative type of investments i make....and Apple seems to me to be the one with the greatest downside now. What happens when Steve Jobs is gone? Other executives are now also starting to leave.....is this the start of the decline? I dont know.....but not on my buy list
Google is a monster.....and i cant find anything wrong with it.....but i cant seem to pull the trigger on this behemoth.....
Car companies are in my NO BUY list.....same as airlines. I dont mind cyclical stocks.....but these are too fickle....and small issues become major downside risk
CAT i have owned for years
I finally bought another stock last week.....SYY Sysco (decent yield....food industry which is growing...and well managed company for years)
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usaone
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Post by usaone on Jun 20, 2011 11:47:20 GMT -5
Apple is only at 11 X earnings so I think they have some room to run.
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Driftr
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Post by Driftr on Jun 20, 2011 11:56:19 GMT -5
Now, if only they'd start paying a dividend so they'd belong in the dividend thread...
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The Virginian
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Post by The Virginian on Jun 21, 2011 8:13:54 GMT -5
Apple is one of those companies I've always had a hard time believing in. If I ever do decide to Invest in Apple it should be a warning for everyone else to bail!
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domeasingold
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Post by domeasingold on Jun 21, 2011 8:58:17 GMT -5
This probably has nothing to do with dividends. "C" did a reverse spplit a few weeks ago. I know the reasons why but IMO they sure made it easy to lose more share price. What do you think the outlook will be for "C" in the coming months. Disclaimer: I own several shares and have been sitting on these since purchasing at the previous bottom. Seems to be approaching that price level again.
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The Virginian
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Post by The Virginian on Jun 21, 2011 9:26:56 GMT -5
Citi Group Previous Close 38.16 Open 38.26 Day's High 38.40 Day's Low 38.00 Volume 6.1 Mil Avg Daily Vol (13 Wks) 41.71 Mil Bid 38.31 Bid Size 1,400 Ask 38.32 Ask Size 5,300 52-Wk High 51.50 52-Wk Low 36.20 Dividend Rate 0.04 Yield 0.10%
Quotes delayed 15 min Last trade 6/21/2011 10:08 AM ET STOCKSCOUTER .7 Rating: 7 out of 10 How StockScouter Works Analyst Recommendation: Moderate Buy
FINANCIAL HIGHLIGHTS . Symbol Value ($) Sales* 76.86 Bil Income* 9.25 Bil Sales Growth* +3.80% Income Growth* +219.60% Net Profit Margin 12.03% Debt/Equity Ratio 3.60 Beta 2.54 EPS 3.02 Forward P/E 7.15 P/E 12.36 Market Cap 111.45 Bil Shares Outstanding 2.92 Bil
I don't feel comfortable with any Bank Stock personally. With the Mortgage Fiasco's and the Derivatives I just don't trust them
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Driftr
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Post by Driftr on Jun 22, 2011 10:08:02 GMT -5
I have my wife's IRA $$$ to play with now. Looked at VIG/FVD/HDV and the yields the first two are offering 1.93% & 2.47% respectively are not what I'm interested in. At this point I'm leaning towards allocating 25% of the account to PGP/EOI/DEX (all >9% yld), 25% to DVY (3.24% yld) and the remaining 50% to things like GE, INTC, and others I already have/like. Once I see wat kind of yield there's going to be when HDV declares it's first dividend, I might put a couple/few quarters of dividend proceeds into it.
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The Virginian
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Post by The Virginian on Jun 22, 2011 15:02:16 GMT -5
Anyone have any thoughts on Teekay Tankers? I am thinking about dumping it. It's perfomance has been terrible lately.
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Driftr
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Post by Driftr on Jun 22, 2011 15:15:22 GMT -5
NMM has been getting slammed lately too. I've been trying to look at the silver lining. The yields going up. :-)
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Driftr
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Post by Driftr on Jun 23, 2011 8:41:51 GMT -5
Recent developments have made me cautious about putting my wife's IRA $$$ in play. I am planning on holding in cash for now. Possibly until September when I expect to re-invest the dividends I've been receiving from our brokerage and my IRA stocks. I thin it is doubtful she will want to leave her money sleeping for so long, but I am hopeful I can convince her to let me. Updates to follow as circumstances change.
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Deleted
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Post by Deleted on Jun 23, 2011 13:41:27 GMT -5
Tankers are going down because the daily rates are dropping
Tankers are a strict play in a recovering economy.....as the growth gets going, these stock prices are one of the leading indicators
When there is doubt as to growth...or a slowing economy, these get trashed quickly
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The Virginian
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Post by The Virginian on Jun 23, 2011 14:38:12 GMT -5
So would you recommend dumping it? I do want to get in a couple more Utility Stocks.
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Driftr
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Post by Driftr on Jun 23, 2011 14:46:59 GMT -5
If you're looking for price stability, it's probably not a good time to be in Teekay or NMM. I did look at their recent dividends and here are the last 12 quarters recent on left) for each. Teekay: .25, .22, .31, .34, .37, .26, .15, .40, .59, .72, 1.07, .90 NMM: .43, .43, .42, .42, .415, .41, .405, .40, .40, .40, .385, .35 I like the steady increases for NMM as opposed to the more uppy/downy of Teekay. No idea if NMM will be able to maintain current payouts if daily rates are dropping and stay down for an extended perod. I do plan to hold it and find out though. Good luck whichever way you go on Teekay.
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Aman A.K.A. Ahamburger
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Post by Aman A.K.A. Ahamburger on Jun 23, 2011 22:30:11 GMT -5
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silverguy25
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Post by silverguy25 on Jun 23, 2011 22:46:12 GMT -5
Nice link, thanks!
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Aman A.K.A. Ahamburger
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Post by Aman A.K.A. Ahamburger on Jun 23, 2011 22:53:27 GMT -5
It's all about the info silverguy.. NP Did you check out the new link I posted on the cell phone tech thread.. What are we looking at there?
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silverguy25
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Post by silverguy25 on Jun 23, 2011 22:58:03 GMT -5
I havent looked at it yet, but I will for sure!
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Aman A.K.A. Ahamburger
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Post by Aman A.K.A. Ahamburger on Jun 23, 2011 23:02:56 GMT -5
Thanks!
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The Virginian
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Post by The Virginian on Jun 24, 2011 8:17:45 GMT -5
We compiled a list of mega-cap U.S. stocks with low dividend payout ratios and high current dividend yields. The market data are sourced from Fidelity. All companies in this list have market capitalizations above $4 billion, 12-month dividend yields of at least 4% and positive EPS Growth over the last five years.
Dividend Yield Dividend Payout Ratio in 2010 52-Week Return AT & T T 5.59% 73.04% 28.83% Reynolds American Inc. RAI 5.58% 73.90% 53.18% Eli Lilly and Co. LLY 5.25% 41.35% 13.76% BCE Inc. BCE 5.21% 62.72% 31.81% PPL Corporation PPL 5.17% 44.73% 11.39% Exelon Corporation EXC 5.03% 51.72% 7.78% SCANA Corporation SCG 5.01% 63.12% 8.52% Bristol Myers Squibb Co. BMY 4.80% 59.26% 13.79% Entergy Corporation ETR 4.79% 45.63% -6.33% DTE Energy Company DTE 4.77% 60.56% 7.62% Bank of Montreal BMO 4.63% 56.34% 5.09% Consolidated Edison Inc. ED 4.55% 68.99% 24.19% Canadian Imperial Bank of Commerce CM 4.52% 53.95% 11.71% Shaw Communications Inc. SJR 4.41% 68.29% 12.18% PG&E Corporation PCG 4.31% 53.22% 2.18% Alliant Energy Corporation LNT 4.28% 57.45% 25.65% CMS Energy Corporation CMS 4.27% 48.53% 33.21% Kimberly Clark Corp KMB 4.23% 56.41% 10.30% Xcel Energy Inc. XEL 4.23% 61.88% 19.69% Dominion Resources D 4.13% 54.79% 19.14% AVERAGE 16.68%
All of the 20 large-cap U.S. stocks in our list have dividend payout ratio of less than 75%. In the last 52-week period, the average return of these 20 stocks was 16.68%. Only one stock in this group – ETR – had a loss in the past 12 months, whereas all other stocks except five – EXC, BMO, PCG, DTE and SCG – provided double digit returns in the same period.
The above is from A's link
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The Virginian
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Post by The Virginian on Jun 24, 2011 8:57:38 GMT -5
In a recent article, we provided a list of large-cap Consumer Goods stocks with high dividend yields and a recent dividend growth. Although high dividend yields are usually the most important criteria in picking defensive stocks, some conservative investors may also seek a recent dividend boost.
Since a recent dividend growth may suggest further increases in dividend yields, the stocks with dividend boost have decent potential upsides in the upcoming inflationary environment. Hence, we believe high dividend yielding stocks that increased their dividend payouts in the last year are appealing to conservative investors that seek some inflation protection.
Like Consumer Goods sector, Utilities sector also contain many stocks with a dividend boost last year. We compiled a list of mega-cap US Utilities stocks with high current dividend yield and high 1-year dividend growth. The sector classifications are sourced from Finviz and market data are sourced from Fidelity. All companies in this list didn’t cut their dividends in any single year since 2006. These stocks have market capitalizations above $4 billion, 12-month dividend yield of at least 3%, and 1-year dividend growth of at least 5%.
Dividend Yield 1-Year Div. Growth 52-Week Return American Electric Power Company AEP 4.90% 9.52% 18.55% DTE Energy Co. DTE 4.77% 10.85% 9.84% CMS Energy Corp. CMS 4.29% 40.00% 34.87% Alliant Energy Corp. LNT 4.24% 7.59% 29.67% Dominion Resources Inc. D 4.08% 7.65% 21.96% Nextera Energy Inc. NEE 3.88% 10.00% 16.25% NSTAR NST 3.73% 6.25% 34.03% Sempra Energy SRE 3.61% 23.08% 13.62% Wisconsin Energy Corp. WEC 3.35% 30.00% 27.09% Northeast Utilities NU 3.16% 7.32% 38.08% American Water Works Co. AWK 3.14% 9.52% 42.65%
AVERAGE 14.71% 26.06%
Since 2006, these 11 large-cap US Utilities stocks didn’t diminish their dividend payouts in any single year and they increased their dividend payout more than 5% in the past 12-months. The average 1-year dividend growth of these 12 stocks is 14.71%. In the last 52-week period, the average return of these 12 large-cap consumers stocks was 26.06%. No stock in this group had a loss in the past 12 months, whereas all stocks except one – DTE– provided double digit returns in the same period.
I'm really getting into utility stocks these days!
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The Virginian
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Post by The Virginian on Jun 25, 2011 11:31:17 GMT -5
For those of you that don't like Individual Stocks here are some plays suggested by Ycelp on another Thread:
EVN NLY CMO FTE LPHI SPY QQQ
I prefer individual stocks myself to avoid the management fees but these do look good to me. Maybe even higher dividends with the risk spread out!
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