Thread: Dividend paying stocks....

Recent Motley Fool Top Ten dividend paying stocks in this market-

http://www.fool.com/investing/genera...-this-cra.aspx

My IRA portfolio is doing ok despite the recent market volatility. I have collected about $1000 dividend payout since mid October and the dividend was reinvested back into the stocks without commission.

I have closed all the covered options expiring tomorrow and roll it over to next month to collect more premium. So far it works as planned.

New covered options expiring next month are:

1. MSFT
2. MCD
3. CVX
4. PM
5. MO
6. JPM

As the markets continue to drop, my IRA account balance is approaching to my mid October entry level. Have to say that I had a good run and I will continue to hold. I will wait for the bounce back and dividend pay out going forward. I am still 100% in C fund in my small TSP account at the moment and will not plan to IFT until the end of December.

The markets ended with an incredible huge rebound at the end of November and I will take it anytime.

My November total dividend income in the IRA account is $1044 and the portfolio is up 2.8% since mid Oct.

Sold call options expiring on Dec 17 are:

1. CVX
2. KO
3. JPM
4. MCD
5. MO
6. MSFT
7. PM

Hope to accumulate more shares with dividend reinvested and will see how it goes.

About 40% of my IRA is in corporate preferreds paying dividends. Spectrum Asset Management is under contract to RBC Wealth Management which controls my account. Spectrum has me in about a hundred different holdings which should aggregate to 6-7%, things like Arch Capital Group Ltd 7.875% Non-Cum Pfd Ser B Cpn 7.876% Dtd 05/17/06 Moody BAA3, Deutsch Bk Contingent Cap Tr V Tr 8.05% Perpetual Pfd Cpn 8.048% Dtd 05/01/08 Moody BAA2 S&P BBB, etc., etc.

Each company was selected beacuse its dividend had increased in each of the last five years.

Originally Posted by jimijr

About 40% of my IRA is in corporate preferreds paying dividends. Spectrum Asset Management is under contract to RBC Wealth Management which controls my account. Spectrum has me in about a hundred different holdings which should aggregate to 6-7%, things like Arch Capital Group Ltd 7.875% Non-Cum Pfd Ser B Cpn 7.876% Dtd 05/17/06 Moody BAA3, Deutsch Bk Contingent Cap Tr V Tr 8.05% Perpetual Pfd Cpn 8.048% Dtd 05/01/08 Moody BAA2 S&P BBB, etc., etc.

Each company was selected beacuse its dividend had increased in each of the last five years.

That's a very nice returns. I have a small position on the S&P US Preferred Stock ETF fund (PFF). It pays about 7% and dividend is paid the first day of each month. I hedge it with AGG and IEF bond funds and these two funds also pay monthly dividend. The average dividend of these three funds is about 4.5% and I am quite happy with this combination because it provides less volatility with decent monthly dividend.

There's page after page of that stuff. They take a cut and then it is only 40% of the total. Even so, looking at the TSP funds for the year it points up the limitations of the gov't system, which is why I transferred it.

My December total dividend income in the IRA account is $2,968. The month of March, June, September and December which I will receive the most dividend payout from my stock holding and the rest of the months will be relatively smaller.

My goal for 2012 is to position my mid 6-digit figure IRA portfolio for a 3-5% growth and at the same time to collect 4-4.5% dividend income and it would be equal to $20,000+ for the year.

Here are my current core holding:

ABT
BND
CVX
ED
JPM
KO
MCD
MSFT
PFF
PM

I also added one mutual fund to collect 4+ % dividend. I think it should be it for the time being in preparing the year of 2012.

Wishing you all a Happy Holiday Season and a Happy New Year.

Ocean

There is nothing sweeter than a for sure revenue stream - and most dividends will be increased in 2012.

Originally Posted by Birchtree

There is nothing sweeter than a for sure revenue stream - and most dividends will be increased in 2012.

Thanks Birch, I basically follow your footstep that you manage your oceanic portfolio without margin play. I understood the power of dividends and shares accumulation now and hope it will work for my portfolio.

My dividend income for Jan 2012 was $2150 from the IRA account and this account was established as the result of my TSP transferred in Oct 2011 when I retired. I am happy to see dividends keep coming in every month.

My core holdings are:

ABT
BND
CVX
ED
JPM
KO
MCD
MSFT
PFF
PM

Looking forward for February dividends while the major markets are still trending upward and I am still 100% in C fund in the TSP account.

Ocean