Dividend Plays that "pay"

[Deleted]

I am at 2.5% cash now....havent spent dividends in a while

Last purchase was the STI and CISC

Was hoping for more pullbacks to get cheaper prices....prob wait another week or two to see what happens before i add more shares

[Driftr]

Are you anticipating increased dividends from STI in the future? That yield looks pretty slim. Or more of a just looking for exposure to financials?

[Driftr]

Frank Q - Where are you???

This sucks if the cut happens. If not, nice juicy yield today...

Exelon Corp. (EXC), the largest U.S. power company by 2011 sales, fell the most in three months after saying it may cut its dividend for the first time to maintain an investment grade credit rating as power prices decline.

Exelon dropped (EXC) 3.1 percent to $34.67 at 1:46 p.m. in New York, the biggest intraday drop since Aug. 1. Exelon, formed in 2000 by the merger of Unicom and Peco Energy, has never cut its regular cash dividend.

www.businessweek.com/news/2012-11-01/exelon-falls-after-ceo-says-he-may-cut-dividend

[Deleted]

i needed exposure to financials

wasnt interested in bac, c, gs, etc

so regional banks was the answer

STI looked to me to be top of the line

[texasredneck]

Purchased EXC at $31.65 about 11:25 est today.

[Driftr]

Nov 6, 2012 13:02:16 GMT -5 texasredneck said:

Purchased EXC at $31.65 about 11:25 est today.

Good luck catching that falling knife. Here's hoping they don't end up having to cut the dividend. But given the price action we've been seeing, it looks like it's gonna happen to me.

[texasredneck]

Driftr if they cut the dividend in half it still pays 3.31%. That is a lot better than banks.

A lot of stocks are going to cut their dividend soon. We are in a hell of a mess.

[Driftr]

Nov 8, 2012 7:00:10 GMT -5 texasredneck said:

Driftr if they cut the dividend in half it still pays 3.31%. That is a lot better than banks.

A lot of stocks are going to cut their dividend soon. We are in a hell of a mess.

Which ones and when? Just between us of course.

[texasredneck]

Driftr Moody's affirmed EXC credit rating.

[Driftr]

Nov 8, 2012 16:20:02 GMT -5 texasredneck said:

Driftr Moody's affirmed EXC credit rating.

Did that confirmation expect a dividend cut? If not, you may have just caught that knife my good man. Cheers!

[texasredneck]

Driftr There was no mention of a dividend cut in the article.

EXC goes xdividend Nov 13th and pays 52.5 cents on Dec 10th.

[texasredneck]

Pulled the knife out of my back and doubled up on EXC today 11-23 @28.60.

[texasredneck]

Have some fingures left so bought INTC @ $19.63 today 11-29.

[Deleted]

current holdings in my main account as of this morning


MDLZ 10.81%
CSCO 10.04%
KO 11.98%
STI 11.39%
GE 8.92%
DOW 9.50%
PFE 7.88%
SYY 10.03%
KR 11.08%
MTW 7.88%
CASH 0.48%

i want to keep number of equities down.....ten may be too low, but i will stay with these for now

sold five to get to this number.....

i hope i chose the right ones to keep....lol

[texasredneck]

Just sold half of the EXC @ 29.94 on 11-29.

gdgyva who knows what to do anymore. Maybe we need to change positions every 30 minutes or so.

I intend to trade more often and see what kind of results I have.

[texasredneck]

If the top tax rate on dividends goes to 43.8% as scheduled the price of dividend stocks will go way down.

I suppect that is the cause of the current weakness in many of them.

[Deleted]

more unintended consequences of the masses

less dividends.....less money for seniors to spend in the economy

[Driftr]

Nov 29, 2012 14:50:35 GMT -5 texasredneck said:

If the top tax rate on dividends goes to 43.8% as scheduled the price of dividend stocks will go way down.

Price down = yield up. Working on looking at glasses half full. ;-)

[Driftr]

Nov 29, 2012 14:00:31 GMT -5 @gdgyva said:

current holdings in my main account as of this morning


MDLZ 10.81%
CSCO 10.04%
KO 11.98%
STI 11.39%
GE 8.92%
DOW 9.50%
PFE 7.88%
SYY 10.03%
KR 11.08%
MTW 7.88%
CASH 0.48%

i want to keep number of equities down.....ten may be too low, but i will stay with these for now

sold five to get to this number.....

i hope i chose the right ones to keep....lol

I plan to get mine updated afte the close today or Monday morning before the open.

[Driftr]

Just realized I'd already updated through September, but didn't update here because i did in August. Ah well, details will need to wait until year end. Did quick checks and as expected, the balances in both the IRAs and the brokerage are down a bit from end of Q3. Cash is still accumulating though. Currently 1.25%. That's actually quite a bit for me. Been holding (or hoarding if you prefer) cash for 'the big leg down'. Might get this money working again in the next couple weeks if time at work allows. Not sure where I was planning it to go before I slowed down.

[Driftr]

Wow. I had really fallen behind on maintaining out investment spreadsheet. Just noticed that MON & PSX each increased dividends by 25% in the most recent payments received and CSCO increased 75%. That was just in stuff held in my wife's IRA.

Looking forward to seeing what's happened in mine and our brokerage...

[Driftr]

MCD & PM both had increases to dividends of 10% or so since I last updated. Nice.

[texasredneck]

Sold INTC today 12-4-12 @ 19.90. Was a little early looks like, but thats life.

[Driftr]

Dec 4, 2012 16:53:59 GMT -5 texasredneck said:

Sold INTC today 12-4-12 @ 19.90. Was a little early looks like, but thats life.

Why'd you sell?

[Driftr]

Oh man. Forgot about the BP dividend bump of 12.5%. That'll play.

[Driftr]

KRFT 50 cent special dividend. Nice...

[Driftr]

Considering Corning now. Saw them on Bloomberg this morning. The opportunities for Gorilla Glass in cars to save on top-heavy weight. Hmmm.

[Driftr]

Some overall YTD results

Brokerage: +3.73%
My IRA: +7.59%
Wife's IRA: +12.38%

Dividend income for brokerage & my IRA +13.53% versus 2011. Wife's IRA excluded because I started it for her during 2011 and year over year results would not show an accurate picture.

Total interest & dividend income +9.5% versus the forecast I had put together for 2012 early in 2011.

Hopefully in 2013 we can see some stock prices decline with dividends holding steady or slightly advancing.

[Driftr]

% Allocations of holdings in the three accounts from above as of 12/31/12. Doesn't count 401(k)s from current ER, savings, Treasuries, or 529 stuff.

PM 11.00%
DVY 9.18%
KO 8.14%
HNZ 7.40%
DUK 5.16%
MCD 4.95%
WMT 4.38%
GE 4.17%
MDLZ 4.08%
PFE 4.02%
JNJ 3.73%
DD 3.25%
INTC 2.92%
BP 2.54%
KRFT 2.42%
DEX 2.23%
EXC 2.16%
MON 2.13%
VZ 2.08%
CSCO 2.02%
PGP 2.00%
PG 1.87%
Cash 1.58%
COP 1.30%
FSC 1.17%
SWY 0.87%
NMM 0.79%
HI 0.73%
PSX 0.60%
PTY 0.56%
PMX 0.36%
WHX 0.16%
FTR 0.05%

[Driftr]

Bought some PG for the brokerage today at 68.53. Let's see if they can hit year 57. :-)

Looking into more COP for my wife's IRA and trying to decide amongst more EXC, a new position in SO, or a new position in Apple (I never get the right ticker) for my IRA. Leaning towards SO because EXC is hurting (although that yield is juicey, but is it something they'll maintain) and Apple dividend is so crumby.