Thread: Dividend paying stocks....

Was this in English???

Originally Posted by RealMoneyIssues

Was this in English???

I am glad you asked. I learned this from the book titled "No-Hyde Options Trading: Myths, Realities, and Strategies That Really Work" by Kerry Given. I bought it as an e-book version from Amazon about a month ago and now I am practicing what I learned from the book.

October is about to end and it's has been the best October for the stock markets since 4 decades ago and I am glad that I am fully invested in my IRA account after the transfer from TSP. Every indicator shows that the market is on the way up from this point (S&P closed above 200 MA, VIX closed below 25 etc). Come Nov 1 after my ETF bonds such as IEF, AGG and TIP Ex-dividend date, I will reallocate most of it with stocks like MCD, KO and CVX to anticipate the year-end rally into 2012. At the same time, I will write some covered calls with these stocks which I already own to earn some extra income along with average of 3% dividend.

May I suggest another one? I'm looking hard at ORIT.

Originally Posted by Steel_Magnolia

May I suggest another one? I'm looking hard at ORIT.

I think the financial sector will come back eventually and this is the time to start buying. The stock that I like is JPM which I don't own it now. JPM has market Cap of $141B with low valuations and it pays 2.7% dividend. Dividend can be reinvested which can be attractive for long term holding.

The markets dropped big the last two days and I took an opportunity to buy some JPM shares and wrote a covered call option. I just missed the dividend payout last month so I have to wait for 2 more months then.

KO has been great for me. Yields 2.7% and sticks to its fairly narrow trading range, which it is just about in the middle of right now. Currently at $67 and looks to be on its way up to finish the year around or above its 52 week high @ $72. An investment now could give 10% over 2 months.

I'm not a fan of the banks right now but I do have WFC in my portfolio for a few reasons that seemed to add up at the time that I bought it. I think buying just about anything in this dip will return a nice profit. I'll be looking at high beta stocks tonight and tomorrow morning for a strong swing back up.

Agreed with you. KO can be owned for a long time because it has a large presence outside of US as an international brand. This stock will continue to grow and payout steady increased dividend.

SO going ex-dividend 11-3-2011

http://www.thestreet.com/story/11297...morrow-so.html

Originally Posted by Scout333

SO going ex-dividend 11-3-2011

http://www.thestreet.com/story/11297...morrow-so.html

Thanks Scout, I got SO in my portfolio.

WFC is also Ex-D today.