Seeking Alpha
View as an RSS Feed

Dividend Living  

View Dividend Living's Comments BY TICKER:

Latest  |  Highest rated
  • AT&T: A Share A Day Keeps Your Retirement Woes Away [View article]
    With the Robinhood App you could buy one share a day without trading fees. There have been a few days in a row I did just that with T. The ultimate dollar cost averaging!
    Nov 19, 2015. 05:46 PM | 2 Likes Like |Link to Comment
  • Different Ways To Think About Dividend Re-Investment, Part 1 [View article]
    Robinhood is so far a good broker. I havn't dealt with tax season yet with them. They have been responsive to emails that I have sent them asking questions. You get a monthly statement that has been accurate. If you have it on andriod, you have a dividend page that gives you all the dividends you have been paid and the upcoming dividend payments of stocks that have passed their record date for the dividend, which is a nice feature I dont have on my tradeking account. You can limit order or market order, and stop order and the response time has been quick for placed orders. I love being able to buy just 1 share of a stock if I want with no commissions. I dont have the majority of my holdings in robinhood because Im waiting to see if they can make money and stay in business without commissions. Seems that now they are running on venture capital and need to get their margin accounts up and running to start making serious money. right now they just use the cash in their customers accounts to make a little money, but it doesn't affect your ability to use it when you want. a few dividend hickups (few days late payment) so far that I had to email them to straighten out, but they were responsive.
    Oct 14, 2015. 07:17 PM | Likes Like |Link to Comment
  • Different Ways To Think About Dividend Re-Investment, Part 1 [View article]
    I have done similar things to what you both talked about. I watch to see if an investment is cheaper than when I bought it, but that doesn't automatically mean I invest my dividends in it. I try to find out why it has gone down, and if it is because of a change in the outlook or earnings of the business I consider that as well as the cheaper price. For example, I own KMI and see its down 5% from where I bought it, but I also look at things like what Nicholas mentioned in this article about KMI and I decided to not reinvest more into it until more clarity on oil price direction unfolds and we see how that affects this company. I ultimately decided to reinvest in T even though it wasn't down as much as KMI because the earnings picture going forward is looking better for T than KMI. It took monitoring to make these decisions. These developments in the companies that shaped this decision happened after I made my initial assessment to invest in them in the first place. At times though, the decision is easy because nothing has changed in the companies earnings potential and the price has gone down. O is a great example, I reinvested some into O when it fell below 44$ a share. Nothing had changed from when I bought some near 46$ a share. Some people set an easy rule like "cut the dividend and I'm out" which takes the monitoring time down to watching for dividend announcements. In that case, you could just reinvest into what is down the most. Not a bad plan, and it frees up your time a bit.
    The real question for each of us is if monitoring stocks for the best value when reinvesting is really worth your time for the money you make at it, or if simple rules surrounding the dividend not being cut and reinvesting in stocks that are down is a better choice for your life because it frees up time. Id love it if a simple rule would work better than constant monitoring AND free up time, but I just don't see how it can avoid all the potential problems that could come if you didn't follow developments at companies and re-evaluate them.
    Oct 11, 2015. 11:56 PM | Likes Like |Link to Comment
  • Different Ways To Think About Dividend Re-Investment, Part 1 [View article]
    No IRA's in robinhood yet. They are routinely adding features as time progresses though, recently adding an android app with a dividend tracking feature. They say IRA's are on the "to do" list along with margin accounts, and DRIP.
    Oct 10, 2015. 01:09 AM | Likes Like |Link to Comment
  • Different Ways To Think About Dividend Re-Investment, Part 1 [View article]
    I DRIP some stocks in my Tradeking account, but otherwise Im using my Robinhood account to buy more shares with my dividends with no commissions.Taking trading fees out of the equation with a robinhood account makes reinvesting selectively my preferred way to go on companies im not comfortable DRIPing. I DRIP companies like O, JNJ, OHI. But mREITs or BDC's Im not comfortable DRIPing. Selective reinvesting is the way to go if you have the time to monitor the markets closely.
    Oct 9, 2015. 09:03 PM | 1 Like Like |Link to Comment
  • New York Mortgage Trust: What You Need To Know [View article]
    Stopped my DRIP on NYMT, but at $5.50 I did pick up a few more shares. As you said, they must earn my trust back. A few quarters of dividend stability and book value stability and positive return on equity would do it. NRZ is where I'm parking my NYMT dividend for the moment.
    Oct 9, 2015. 11:00 AM | Likes Like |Link to Comment
  • Western Asset Mortgage Capital Cuts Dividend, But The Worst Isn't Over. Bears Party On [View article]
    Take a closer look at the dividend announcement, they report book value as of Aug 31st as $14.10 (not including dividend announced). I just take 2/3 of the dividend and subtract that from their reported BV to get a $13.70 book value because they had theoretically earned 2/3 of the dividend by Aug 31st. That is a slight book value loss from the $13.89 they reported June 30th. Sure the hedges could still swing that book value either way, but MBS values have increased slightly since Aug 31st. Having this peek at book value 2 months into Q3 gives us some indication that the quarter will have a book value loss smaller than the dividend paid and thus give us a positive return for the quarter.
    Sep 24, 2015. 10:03 PM | 3 Likes Like |Link to Comment
  • Western Asset Mortgage Capital declares $0.60 dividend [View news story]
    Using my 2/3 dividend subtraction estimation - Book Value is $13.70 per share on August 31st when you factor in the dividend announced. Looks like they may actually get a positive return (book value change + dividend is positive) this quarter as BV was 13.89 at the end of Q2. This is positive news despite the dividend cut. last quarters return was flat. I'm more concerned with positive return than I am with dividend changes.
    Sep 24, 2015. 05:18 PM | 2 Likes Like |Link to Comment
  • The New York Mortgage Trust Poker Game [View article]
    I've stopped my DRIP on NYMT and will put the dividend into NRZ. If the dividend and book value keep going down to the point that their book value losses are bigger than their dividend payout, (negative returns)I'll likely sell out. NYMT used to be the only mREIT I trusted to keep their dividend stable. NRZ seems to be better in this environment. If rates rise, they earn more. Ive not yet thrown in the towel on NYMT, but the trust is gone.
    Sep 23, 2015. 04:47 PM | 5 Likes Like |Link to Comment
  • New York Mortgage Trust declares $0.24 dividend [View news story]
    I think NRZ is a suitable replacement. they just RAISED their dividend. Yield is similar, but a little lower.
    Sep 22, 2015. 02:58 PM | Likes Like |Link to Comment
  • New York Mortgage Trust Took A Bath Recently, But It Got The Dirt Off [View article]
    Thanks for putting that dividend cut possibility in this article, it turned out to be prophetic despite managements hopes expressed in the Q2 earnings report and conference call.
    Sep 18, 2015. 05:37 PM | Likes Like |Link to Comment
  • New York Mortgage Trust declares $0.24 dividend [View news story]
    Steve Mumma on Q2 earnings Aug 4 2015 - "We continue to believe our current portfolio, coupled with improved loan sales execution in our distressed loan portfolio and the full deployment of excess liquidity can generate annual earnings that are reflective of our current dividend policy." He also said CPR's would subside, they would have more timely loan sales in Q3, and the new second lien mortgage program would expand the net interest margin.
    Guess this didn't work out as he planned. He sounded so hopeful for maintaining the dividend.
    Sep 18, 2015. 05:07 PM | 3 Likes Like |Link to Comment
  • New York Mortgage Trust declares $0.24 dividend [View news story]
    rethinking this one.
    Sep 18, 2015. 04:32 PM | 2 Likes Like |Link to Comment
  • O Vs. NNN: Is Bigger Better? [View article]
    Long O and recently opened a position in NNN. Im happy owning both. It diversifies me a bit. Thanks for the easy look deeper into the books of these great companies. I expect similar returns from them.
    Aug 28, 2015. 07:46 PM | 2 Likes Like |Link to Comment
  • Robinhood Trading App Review [View instapost]
    Another item to mention is robinhood trades with a first in first out method that you cannot change.
    Aug 13, 2015. 01:44 PM | Likes Like |Link to Comment