Seeking Alpha

David Fish  

View David Fish's Comments BY TICKER:
  • Why Apple Could - And Should - Start A DRIP [View article]
    Another strong reason that Apple might start a DRIP is the simple fact that their transfer agent is Computershare, the largest purveyor of such plans (that bought the DRIP business of Bank of New York Mellon last year). Computershare is well known for its fee-based "cookie cutter" DRIPs that offer companies an easy way to set up DRIPs that make the shareholder pay their own way (and allow the company to avoid costs).
    May 31, 2012. 12:25 PM | Likes Like |Link to Comment
  • Apple Is Charter Member Of The Dividend 'Inevitables' List [View article]
    Well, here's a list of companies that will have paid their fifth year increase so far in 2012...
    Baxter International Inc. BAX
    Dynex Capital Inc. DX
    Ensign Group Inc. ENSG
    Western Gas Partners LP WES
    El Paso Pipeline Partners LP EPB
    Vanguard Natural Resources LLC VNR
    Health Care REIT Inc. HCN
    Lorillard Inc. LO
    Finish Line Inc. (The) FINL
    Coca-Cola Enterprises Inc. CCE
    Brookfield Infrastructure Partners LP BIP
    Kinross Gold Corp. KGC
    Hubbell Inc. B HUB-B
    Comcast Corp. CMCSA
    Medicis Pharmaceutical Corp. MRX
    A. Schulman Inc. SHLM
    Lazard Limited LAZ
    (Some have been paid, others just declared so far)

    I can't say that I've heard about anyone talking much about these companies having hit the 5-year mark for increases. Anyone?
    Apr 12, 2012. 11:00 PM | 1 Like Like |Link to Comment
  • Apple Is Charter Member Of The Dividend 'Inevitables' List [View article]
    Here's the listing of 4-year increasers, with the Ex-Div Date of their last increase:
    Company Symbol Ex-Div
    American Water Works AWK 8/10/11
    ASML Holding N.V. ASML 4/25/12
    Beacon Federal Bancorp Inc. BFED 12/9/11
    BGC Partners Inc. BGCP 5/12/11
    Cablevision Systems Corp. CVC 5/12/11
    Cenovus Energy Inc. CVE 3/13/12
    ConAgra Foods Inc. CAG 10/27/11
    Duff & Phelps Corp. DUF 3/2/12
    Fred's Inc. FRED 2/28/12
    Frisch's Restaurants Inc. FRS 9/22/11
    HEICO Corp. HEI 7/1/11
    HickoryTech Corp. HTCO 11/11/11
    Hillenbrand Inc. HI 12/14/11
    MarketAxess Holdings Inc. MKTX 3/1/12
    McKesson Corp. MCK 6/8/11
    Mead Johnson Nutrion Co. MJN 3/14/12
    Molson Coors Brewing Co. B TAP 6/2/11
    Navios Maritime Partners LP NMM 8/3/11
    Northfield Bancorp Inc. NFBK 5/9/11
    PetMed Express Inc. PETS 2/8/12
    Petsmart Inc. PETM 7/27/11
    Philip Morris International PM 9/23/11
    Principal Financial Group Inc. PFG 3/8/12
    Quaker Chemical Corp. KWR 7/13/11
    R.G. Barry Corp. DFZ 2/15/12
    Reliance Steel & Aluminum Co. RS 2/29/12
    Scripps Networks Interactive Inc. SNI 2/27/12
    Silvercorp Metals Inc. SVM 12/28/11
    Stewart Enterprises Inc. STEI 4/10/12
    Sturm Ruger & Company RGR 3/7/12
    Techne Corp. TECH 11/3/11
    Visa Inc. V 11/16/11
    Western Union Company WU 3/14/12

    Note that three are likely to become Challengers in the next month: BGCP, CVC, and NFBK.
    Apr 12, 2012. 06:55 PM | 4 Likes Like |Link to Comment
  • Apple Is Charter Member Of The Dividend 'Inevitables' List [View article]
    Another good indicator is when a company starts a DRIP. Almost immediately after paying its first dividend, Amgen launched a DRIP. Companies typically don't do so unless they are planning to pay (and increase) dividends for many years.

    Others that have started paying and increasing dividends AND started a DRIP include Cisco, Starbucks, Dr Pepper Snapple, and St Jude Medical.
    Some other candidates might include the spin-offs of ConocoPhillips, Abbott, Kraft, and ITT. (The ITT spin-offs, Exelis and Xylem, pay dividends and immediately started DRIPs.)
    Apr 12, 2012. 06:51 PM | 4 Likes Like |Link to Comment
  • Why Apple Could - And Should - Start A DRIP [View article]
    Nice article and I wouldn't be surprised if you are correct...that Apple starts a DRIP this year. If any company is conscious of promoting loyalty, it's Apple, and it would naturally follow that they'd want that in shareholders as well as customers.
    People should also keep in mind that company-sponsored (not brokerage) DRIPs generally include a cash-purchase feature that some consider even more important than reinvesting the dividend. So someone that may balk at paying $600 for a share might be more willing to invest, say, $50 per month, which could be set up to take place automatically. Conversely, if there are fees for reinvestment, they can usually choose to have the dividend automatically deposited in their bank account to avoid those fees.
    Apr 5, 2012. 12:55 PM | 4 Likes Like |Link to Comment
  • Steve Jobs' Legacy, And Apple's Record, Will Live On [View article]
    Nice take on a unique company led by a true visionary. Here's a longer chart from Yahoo, vs. the S&P 500...
    Oct 6, 2011. 07:14 PM | 3 Likes Like |Link to Comment
More on AAPL by David Fish