Seeking Alpha

Dividend Watcher

 
View as an RSS Feed
View Dividend Watcher's Comments BY TICKER:
Latest  |  Highest rated
  • Dividend Growth On Hiatus For Darden Restaurants? [View article]
    Eric, great recap of DRI's position right now.

    I held DRI in my "Grandma's Money" portfolio. With the drop in earnings, activist investors getting involved and management being so wishy-washy, I felt there was too much risk to her capital so sold it a little over a month ago.

    Don't get emotional about the little "pop" in price you missed. You wouldn't feel the same way if there was a 5% drop due to some adverse news just before you sold. You based your decision on the facts at hand and found a suitable replacement which, in my opinion, improved the quality of the portfolio holdings. Time to move on to the next investment.

    Thanks for writing.
    Apr 23 01:59 AM | 1 Like Like |Link to Comment
  • Unplanned Early Retirement, Part 1 - Strategy, Stability, And Moving Forward [View article]
    Mr. Arledge, very interesting read. I especially like this part:

    "I have a few general rules I live by. First, diversify, but do not go crazy. Stick with your good ideas. Second, never panic. Third, watch the business fundamentals and let someone else watch the technical aspects. Fourth, seek to hear or read good advice. Fifth, hold some cash so you can buy from panicked sellers as I did in 2008, 2009, and in the first quarter of 2014. And last, but not least, always take advantage of dividend reinvestment for low cost compounding."

    Solid rules to invest by in my opinion. In fact, I have now created a footnote section of my portfolio business plan of "Notable Quotes" that I can review when I need to keep grounded.

    I'm looking forward to following your journey. Thanks for writing.
    Apr 17 09:34 PM | 3 Likes Like |Link to Comment
  • Blue Light Specials In The Market: Materials [View article]
    Eric, nice article.

    The materials sector is short in my portfolio and I've been looking for something of value to add. I've always been wary of this sector because of the variability of earnings. Despite their short strings of dividend increases, you've given me something to think about. Thanks for uncovering some interesting prospects.
    Apr 10 11:49 PM | 1 Like Like |Link to Comment
  • How One Retiree Is Muddling Through Dividend Investing: Part IX - My Dividend Investment Business Plan [View article]
    Excellent article, Mr. Rice.

    I know when I finally created my plan, I became much more confident in my decisions and my holdings. Thanks for sharing.
    Apr 9 11:06 AM | 2 Likes Like |Link to Comment
  • Dividend Growth Portfolio: Spring Checkup And Semi-Annual Review [View article]
    Mr. Van Knapp, following your logic in the updates is always a great read.

    To add to the PEP dividend increase mentioned above. The 15% increase is supposed to start with the June payment. I believe the announcement was made so early to counter Peltz's and other activists calling for a breakup of the company. Either way, it's nice to see it.

    Hold DRI in my "Grandma's Money" portfolio. I too have become disillusioned with senior management's plans and behavior. This article and comment thread have convinced me to put a stop limit order on it. Now to find a replacement. Thinking a REIT may be a good choice since the primary goal is current income.

    As to the exchange rate fluctuations on dividends for Canadian companies, I believe we are close to a stabilized point on where the currency will trade. Over the last 10 years, we've fluctuated between essentially par and US$1-to-CAD$1.50 exchange rate. For many years as I was growing up, I recall it narrowly fluctuating around the US$1.00-to-CAD$1.25 point.

    Thanks for writing.
    Apr 9 12:29 AM | 2 Likes Like |Link to Comment
  • Dividend Growth Investing: Why I Don't Own Index Funds [View article]
    Mr. Ward, excellent read and it mirrors much of my philosophy.

    Quite a portfolio. Some I wouldn't be interested in and I have some you don't have. That's irrelevant. With a plan and avoiding panic goes a long way towards success.

    Thanks for writing.
    Apr 1 10:42 AM | Likes Like |Link to Comment
  • Dividend Champions For April 2014 [View article]
    "From the looks of it David Fish is a Champion in his own right."

    Duh! At the end of every month, before midnight, the new edition is up. I swear he has elves working for him.

    Who owns Keebler nowadays? ;-)

    Thank you Mr. Fish.
    Apr 1 10:17 AM | 11 Likes Like |Link to Comment
  • Dividend Investors' Guide 2014 Review - Household Products Industry [View article]
    Excellent overview, K202. Interesting read on the actions being taken by all these favored companies.

    I think CHD's prospects may be a little better than you've posited. Many of their products that I've used match the premium brands of the others but at a better price point. It seems to me their marketing is not as ubiquitous as PG's nor CL's which could add to the bottom line if done right.

    TUP is an interesting story I've been following. I like their product line and their brand has been mainstream in the U.S. since I was a child (we won't discuss how long that's been). It still amazes me they have the largest part of their business outside of U.S.

    Thanks for the review.
    Apr 1 01:26 AM | 3 Likes Like |Link to Comment
  • Callahan Auto Parts Offering IPO: American Made Brake Pads [View instapost]
    I think Chris Farley already did:

    http://imdb.to/O94pyt

    Hence the comment above.
    Mar 31 01:40 PM | 2 Likes Like |Link to Comment
  • Walgreen Earnings Preview: Our Worst Trade Ever [View article]
    Mr. Gilmartin, interesting read on WAG.

    I've known about WAG for a long time but always thought it overvalued from a fundamental point of view. When the ESRX fiasco caused the sag in stock price, it intrigued me. How could a company that seemed to perform for so long suddenly seem so stupid (don't answer that because I sometimes think of myself in that light)? I had an inkling that something was changing either in WAG's business model or the prescription drug marketplace. I'm not smart enough to discern just what management was thinking at the time but just had a hunch. I bought a bunch during that and the subsequent dip as a "flyer". Low P/E, still had a functioning business, parking lots were still packed at the stores in our area and earnings weren't falling off a cliff so I thought it wasn't a "Kodak moment". I thought I could possibly participate in the rebound of the business.

    When the Duane Reade and Alliance Boots deals were announced, I became convinced that my thesis was at least partially correct. As we near the deadline for WAG's option to purchase the rest of A/B, the story going forward can become more clear.

    In the meantime, I've trimmed some at these levels only because price had grown too quickly yet I am still at full positions in both my wife's and my account. Sorry you were spooked out of your position at the time but I agree with your conclusion: be patient.

    Thanks for writing.
    Mar 24 10:47 AM | 1 Like Like |Link to Comment
  • Total Return Is Not All That Matters In The Accumulation Phase [View article]
    Mr. Herring, a thoughtful article as usual.

    "Stay In Your Circle of Competence" resonates with me. I prefer to watch the dividend stream and its safety. I am much better at picking reliable companies that make up my income stream than I am with timing and shooting for "total return".

    Thanks for sharing.
    Mar 21 12:58 AM | 4 Likes Like |Link to Comment
  • I Love My 'Magic Pants' And My Partners Wear Them Proudly [View article]
    chowder, you've put into words exactly what I was thinking. Of course, I've learned to do that from you, Mr. Carnevale and a host of other contributors here.

    Like you, I spent -- correction, wasted -- many years trying to grow my capital using various methodologies. Sometimes I did well and sometimes Mr. Market walloped me good. It wasn't til I learned about DGI here that I had a plan that made sense to me.

    Since then, I've built, and continue to refine, a portfolio that gives me an increasing income stream where I don't have to create a "pseudo dividend" by destroying my capital just to live in retirement. According to my projections, I'm on target to do just that.

    If someone wants to do it a different way, that's fine but it won't work for me. Been there, done that.

    What I find so offensive is the petty argument. One seeks to persuade while the other seeks to teach, IMO.
    Mar 20 04:30 AM | 11 Likes Like |Link to Comment
  • How You Can Invest Like Warren Buffett [View article]
    Mr. Van Knapp, another thoughtful article.

    Although a small part of the article, your mention of the "business plan" for your conglomerate resonates with me. Like maybenot above, my plan has kept me from making impulsive purchases, made me think about what and why I'm purchasing a company and what to do when things aren't progressing as I predicted.

    Thanks for the reflections on managing our "businesses".
    Mar 11 01:47 AM | 2 Likes Like |Link to Comment
  • My Transition To Required Minimum Distributions (RMDs) [View article]
    Mr. Tweed, excellent recount of the challenges you faced.

    I agree that time seems to pass in a blink of the eye. I used to think I had many years of growth and reinvestment ahead of me until I recently had to admit my age and realize that I'm probably within 10 years of the goal post.

    Thanks for sharing.
    Mar 11 12:10 AM | 4 Likes Like |Link to Comment
  • Blue Light Specials In The Market: Financials [View article]
    Interesting article, Eric.

    Long AFL and will hold although may trim some more as opportunities arise. Management seems to have same sharefolder-friendly attitude. I think there's some readjusting or planning in the background that they haven't discussed publicly yet.

    Just bought a first tranche of OHI recently. Liked it's record and think they are part of a demographic trend. As long as they can keep the dividend growth above the high single digits, I'm happy to follow along.

    BlackRock popped up on one of my screens the other day and I was intrigued. It's on my list for further investigation.

    Thanks for writing.
    Mar 9 12:35 AM | Likes Like |Link to Comment
COMMENTS STATS
408 Comments
648 Likes