Page 3 of 5 FirstFirst 12345 LastLast
Results 25 to 36 of 55

Thread: Dividend Stocks

  1. Default Re: Dividend Stocks

    Excellent Thread! I must say...I love to read about other investors that value dividend paying stocks like I do. As to the story of investors seeing dividends disappear - while that may be true for some companies...the quality companies out there have enough cash to continue to payout increases or maintain their current levels without decreasing their dividend payments. My list of dividend companies that I hold in my Roth are: General Electric (GE), Proctor and Gamble (PG), Johnson & Johnson (JNJ), Pfizer (PFE), Bank of America (BAC) and Aqua America (WTR). I have substantial amts in GE and BAC...over $10,000 each. But all of the stocks listed above are on the dividend aristocrats list....companies that continue to raise their dividends year after year...etc. Stock that I bought in GE when it was in the $25-27 range back after the huge drop in from the upper $50s...$60 range...is now yielding almost 5% and BAC...although I'm under the price I bought it at now....is now paying 6.5%.....all the companies listed above have tons of cash to get through a slow down and many of them have revenues outside of the US which is good.

    I've always been in favor of having dividend paying stocks in a Roth IRA and here is the reason. It's easier for tax purposes....since you don't have to figure the cost basis...etc. and you don't pay taxes on the dividends now or later. I have a strategy of getting nice paying companies that have been around a while, increases dividends yearly, and have good growth. I've also tried to pick stocks that pay out in different months of the year so when I turn off the "reinvestment of dividends" feature on my Sharebuilder account....I'll get a monthly check deposited into my bank account while still saving the principal. The stocks don't have to be rockets like Google or Apple. It would have been nice to own them over the last year/2 yrs but that is not my investment style. I love to cook pulled pork with my smoker and the only (best) way of making out of this world pulled-pork is cooking it....low and slow....just like my investing. The key is saving.....we put aside about $22,000 of our total $90,000 a year into our Roth/401(k)'s each year and the only debt we have is the house. Good Dividend paying stocks, while they don't shoot up like crazy all of a sudden....over time...they get the job done and with minimal risk. Don't look at the stocks that only pay high dividends either....look for good quality companies that you know, have been around for a while, and have stockpiles of cash on hand. Other choices of companies other than the ones above would be....Coca Cola, Pepsico, Altria, Wells Fargo, 3M, Abbott Labs, Lowe's, Regions Financial, Walgreen, US Bancorp. They will have ups and downs just like the rest of the market but long term - buy/hold investors will make out very well. Make sure you find out their current payout ratios though....try not to get companies that are above the 50% payout....50% of thier earnings...they may not be able to sustain the dividend....unless they have bundles of cash on hand to get through a slow down...etc. I 1st got started into looking at dividend stocks back when I was in Jr High School.....late 80s...I read "Buying Stocks Without a Broker" by Charles Carlson......at that time there was no Roth...but I knew the power of reinvesting dividends.....the rest is history. Stocks that I would suggest right now to buy because they are cheap and they will rebound this year or going into next year....Bank of America, General Electric and Pfizer....they will reward investors that are going to hold onto the stocks for a while...a nice dividend to hold onto during the slowdown and then they'll start climbing in price towards the end of the year when things start looking better in the economy. GE in particular because it's been neglected by Wall Street even though it has increased earnings almost 10% for the last 2 yrs....and the stock has gone nowwhere.....with it's wind turbines, energy/infrastructure business....it's cashflow is great compared to other companies out there that are getting more attention.

  2.  
  3. #26

    Join Date
    Sep 2004
    Location
    Missouri
    Posts
    8,619

    Default Re: Dividend Stocks

    Scottydog,

    Glad you like the thread and welcome to the message board! Thank you for sharing your views and picks.
    Socrates: "Democracy, which is a charming form of government, full of variety and disorder, and dispensing a sort of equality to equals and unequaled alike."

  4.  
  5. #27

    Join Date
    Mar 2006
    Location
    Peoples Republic of Ohio
    Posts
    2,373

    Default Re: Dividend Stocks

    Scottydog,

    I enjoyed the thread and we seem to have the same investing plan when it comes to ROTHs and Dividend paying stocks. I like the Dogs also. We sure do have alot of the same stocks. Besides several of those that you mentioned, I also have included UTX, T, DUK, D and for some international flavor BHP and DSX ( A little spec on this one also.)

    Thanks for sharing. I always enjoy seeing how other's invest, cause there is always something to learn.

    CB
    “Most men and women will grow up to love their servitude and will never dream of revolution.” - Huxley’s Brave New World


  6.  
  7. #28

    Join Date
    Apr 2005
    Location
    Gainesville, Florida, USA
    Posts
    24,244

    Default Re: Dividend Stocks

    Very nice, indeed. Good to have another sensible person on board.

  8.  
  9. #29

    Join Date
    Sep 2006
    Location
    Upstate NY
    Posts
    1,936
    Blog Entries
    45

    Default Re: Dividend Stocks

    Scottdog, let the good times roll. Good for you for not being a chaser by choosing not to fall for Wall Street's Great Growth Trap. Think of how many people you agitate with your strategy. You're one less person an institution can sell to at the top. I applaud your post.

    Hey Countryboy, unjustified beatdown going on in T right now. Opportunity knocks.

  10.  
  11. #30

    Join Date
    Mar 2006
    Location
    Peoples Republic of Ohio
    Posts
    2,373

    Default Re: Dividend Stocks

    Yeah Bullitt,

    I saw that yesterday, I got a few shares, but really wish I had more money on hand, but then that's always the problem. I just keep plugging away.

    CB
    “Most men and women will grow up to love their servitude and will never dream of revolution.” - Huxley’s Brave New World

  12.  
  13. #31

    Join Date
    Mar 2006
    Location
    Peoples Republic of Ohio
    Posts
    2,373

    Default Re: Dividend Stocks

    For my fellow stock buyers out there,

    Since this is my first bear market or major pullback, the question I have, is what do you buy, especially with limited funds. I’m in CP mode for my TSP, but for our ROTH’s, do you buy a recession proof stock, ie like D, DUK, JNJ or PG or something that is getting beat up like BHP, WFC, UTX, DSX or BAC or alternate between recession proof and beaten up stocks as you gather your funds. Or should you base your decision on dividends or largest share price drop at the time of purchase? Financials should be nice and cheap next week after they begin reporting.

    Since I’ve only been buying stocks for about a year and a half, I want to make the best of a bad situation and ya’ll have been involved in purchasing stocks longer than me.

    Appreciate any advice or what method you use.

    CB
    “Most men and women will grow up to love their servitude and will never dream of revolution.” - Huxley’s Brave New World

  14.  
  15. #32

    Join Date
    Sep 2006
    Location
    Upstate NY
    Posts
    1,936
    Blog Entries
    45

    Default Re: Dividend Stocks

    Country, check PM.

  16.  
  17. #33

    Join Date
    Apr 2005
    Location
    Gainesville, Florida, USA
    Posts
    24,244

    Default Re: Dividend Stocks

    Country Boy,

    I've been buying out of favor stocks in the financial and housing sector related areas. These are definitely out of favor stocks and that is intentional - I'm buying for the available income that will be automatically reinvested as dividends. I have no plans to make capital gains during the next couple of years - the longer they take to recover the more shares we will purchase. I've listed many of them on my thread - but here are a few more: WRI, MNI, MBI, MPG, CLI, KIM, JRT, IFC, IRC, IMB, IAR, HIW, HR, HST, GKK, GTY, FIG, FMD, FHN, FCF.

  18.  
  19. #34

    Default Re: Dividend Stocks

    Do you do your own research? How do you determine what to buy? I know they all offer a dividend but what other criteria do you use? And do you buy hugh amts? Or do you limit the amt of money used? I am not asking for a specific amount of money you use, but maybe a pct or something like that. Just trying to get an idea or two. It seems you buy so much that I can't imagine you get much sleep.

  20.  
  21. #35

    Join Date
    Apr 2005
    Location
    Gainesville, Florida, USA
    Posts
    24,244

    Default Re: Dividend Stocks

    Most of the stocks I'm buying for my daughter will initially be in 50 to 100 share positions with the idea of adding to them in the future. I've been in the markets since 1972 or there abouts and have done a lot of homework over the years that eventually becomes cumulative with experience. These stocks are all essentially on their yearly lows and many without good provacation - collateral damaged if you will. I'm setting up an automatic dividend reinvestment plan that should provide close to 350 dividend payouts/year. There will undoubtedly be a few loosers in the group as well as some outperformers and that provides flexibility down the road to make changes. Once the program is in motion I'll sleep just fine knowing money never sleeps and will be working even when I'm not paying any attention. It will all be on automatic pilot. I'm basically a contrarian investor that has developed this way in an unintentional manner. It works for me. Snort.

  22.  
  23. #36

    Join Date
    Apr 2005
    Location
    Gainesville, Florida, USA
    Posts
    24,244

    Default Re: Dividend Stocks

    Here are the rest that are on my list for my daughter: EQY, CUZ, CIT, CNB, CLP, CIX, OFC, CX, CDR, HRB, AF, AEC, VLY, AIV, ANL, ADC, AEG, PZE, NRE.


  24.  
Page 3 of 5 FirstFirst 12345 LastLast

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  
SPY (C Fund) (delayed)
Dividend Stocks
(Stockcharts.com Real-time)
DWCPF (S Fund) (delayed)
Dividend Stocks
(Stockcharts.com Real-time)
EFA (I Fund) (delayed)
Dividend Stocks
(Stockcharts.com Real-time)
AGG (F Fund) (delayed)
Dividend Stocks
(Stockcharts.com Real-time)