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Eric Landis

 
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  • Dumpster Diving The Dividend Contenders [View article]
    It's certainly possible there could be more downside in the near term. Corn prices are expected to stay weak into next year on a record crop and that could lead to a tough sales environment for another year.

    However, I think the long term trend of bigger farms and more sophisticated equipment is going to continue so I plan on holding long term and am continuing to reinvest dividends.

    There are plenty of other fish in the sea, I can't blame you for looking at other options.
    Nov 7, 2014. 10:02 PM | 1 Like Like |Link to Comment
  • The New Nifty Fifty, Part 2: Dividend Growth Investing's Greatest Hits [View article]
    Scottu,

    I agree that there aren't many values in the utility space right now. I listed SO and WEC based on their track records of reasonable growth, high credit rating, and expectations for similar growth going forward.

    Not all utilities have the same operating environment. Some have higher debt costs, pay more taxes, have higher capital expenditures, higher pension costs, etc., so payout ratios may vary from company to company.

    I had SO and WEC as my two utilities although they differ. SO has a higher yield and slower growth while WEC has a bit higher growth yet a lower yield. I don't think either are attractive valuations at current prices, but with a yield of 4.5%, I could see someone looking for income being interested at SO here.

    We all have different needs for our portfolios and different perspectives on what constitutes a good investment. There are plenty of great companies out there and me listing SO and WEC as part of my 50 doesn't mean that there aren't better options available at current prices.
    Nov 7, 2014. 04:51 PM | 1 Like Like |Link to Comment
  • NXP Introduces Industry's Most Power Efficient Microcontrollers for the Growing Sensor-Processing Market [View article]
    "The LPC54100 Series targets products in mobile, wearable health/fitness...that require long battery life as a key driver to enhance the end-user experience."

    Hmm, something that might be useful for Apple Watch?
    Nov 6, 2014. 09:46 AM | Likes Like |Link to Comment
  • Apple Watch reportedly arriving in spring [View news story]
    Is this morning's announcement by NXPI of a new chip anything to consider?

    http://bit.ly/1tzWNHj
    Nov 3, 2014. 12:21 PM | Likes Like |Link to Comment
  • 401(K) Reconstructed - 2014 Q3 Review [View article]
    Have had some nice increases since the update as Wynn Resorts (WYNN), Starbucks (SBUX), and AmerisourceBergen (ABC) have all announced 20%+ increases to their dividends.

    Wynn - http://yhoo.it/1tzFBSt
    Starbucks - http://yhoo.it/1tzFBSv
    AmerisourceBergen - http://yhoo.it/1tzFCWv
    Nov 3, 2014. 10:56 AM | Likes Like |Link to Comment
  • The New Nifty Fifty, Part 3: Dividend Growth Ideas And Valuations [View article]
    Here is my list, with * marking the top 10. I also added a # for those I currently own if people are interested in that as well.

    Altria (MO)*#
    3M Company (MMM)
    Air Products (APD)
    AT&T Inc. (T)*#
    Automatic Data Processing (ADP)
    Becton Dickinson (BDX)
    Chevron Corp. (CVX)*#
    Clorox Company (CLX)
    Coca-Cola Company (KO)*#
    Colgate-Palmolive Co. (CL)
    Exxon-Mobil Corp. (XOM)
    Genuine Parts Co. (GPC)
    HCP Inc. (HCP)
    Hormel Foods Corp. (HRL)
    Johnson & Johnson (JNJ)*
    Kimberly-Clark Corp. (KMB)
    Lowe's Companies (LOW)
    McKormick & Co. (MKC)
    McDonald's Corp. (MCD)*#
    Pepsico Inc. (PEP)
    Proctor & Gamble Co. (PG)*
    T. Rowe Price Group (TROW)
    Target Corp. (TGT)#
    W.W. Grainger Inc. (GWW)
    Walgreen Company (WAG)*#
    Wal-Mart Stores (WMT)*#
    Church & Dwight Co. (CHD)#
    Conoco Phillips (COP)#
    Deere & Company (DE)#
    General Mills (GIS)#
    Internation Business Machines (IBM)#
    The J.M Smucker Company (SJM)
    Lockheed Martin Corp. (LMT)#
    Microsoft Corp. (MSFT)#
    Nike Inc. (NKE)
    Norfolk Southern Corp. (NSC)#
    Omega Healthcare Investors (OHI)#
    Qualcomm Inc. (QCOM)#
    Realty Income Corp. (O)*#
    Southern Company (SO)
    Ross Stores Inc. (ROST)#
    Wisconsin Energy (WEC)#
    Cummins Inc. (CMI)#
    The Hershey Company (HSY)
    The Home Depot, Inc. (HD)
    Phillip Morris International (PM)#
    Union Pacific Corp. (UNP)#
    Visa Inc. (V)
    Starbucks Corp. (SBUX)#
    Apple Inc. (AAPL)#
    Nov 2, 2014. 01:09 AM | 3 Likes Like |Link to Comment
  • Aviv REIT surges on sale to Omega Healthcare [View news story]
    Have to love all-stock transactions that raise FFO by 10%. The dividend should get even juicier now!
    Oct 31, 2014. 09:30 AM | 1 Like Like |Link to Comment
  • Retired Investors Must Be The Smart 'Little Pig' [View article]
    6685071,

    Chuck wrote an article on that topic previously, here is a link.
    http://seekingalpha.co...
    Oct 31, 2014. 01:21 AM | 3 Likes Like |Link to Comment
  • Paying A Premium For Costco [View article]
    While I agree that Costco is a great company, I do have a bit of a quibble with this comment:

    "In this way, the company reminds me of Wal-Mart (NYSE:WMT) of yesteryear or something of the sort -- in both industry and premium valuation. Paying 25 times earnings (not necessarily 40 times, mind you) way back when would have been a great investment today -- despite the idea that the multiple sits at juts 15 today. Strong total earnings growth coupled with a reduction in share count and a fast dividend growth rate can make up for a lower P/E ratio in a decade or two."

    According to FAST Graphs, Walmart was trading at a PE of 30 a decade ago and is now trading at a PE of 15. Annualized ROR for someone who bought Walmart 10 years ago would be 4.7% per year, or about 70% of the 6.6% annualized return of the S&P.

    Maybe we have different perceptions of what a great investment is, but I personally don't get very excited about 4.7% annualized returns. Granted, Costco's earnings are estimated to grow at about 10% going forward, compared with Walmart's 7.7% growth over the last decade, but 28X earnings for Costco still seems pretty pricey for that growth. I'd much rather own Ross Stores (ROST) for a similar yield, much lower PE, and similar growth rate.
    Oct 30, 2014. 05:07 PM | Likes Like |Link to Comment
  • How Did High-Yield Dividend Champions Do During The Great Recession? Part 2 [View article]
    Interesting series, thanks for putting together the information.

    Another study that I would be interested in, if you can find the information, is to determine the percentage of companies that maintained their streaks based on their financial credit rating prior to the recession.

    I'm guessing most of the investment grade companies survived while the highly levered ones did not.
    Oct 29, 2014. 03:49 PM | 3 Likes Like |Link to Comment
  • 401(K) Reconstructed - 2014 Q3 Review [View article]
    lovestocks,

    First of all, I don't know your investment goals, investing knowledge, tax situation or any other information other then the fund you asked about. I'm also not an investment adviser, so take my opinion for what its worth.

    At a quick glance, the fund has fairly high fees with an annual expense ratio of 1.37%. It also has paid the same monthly dividend of $0.07 per share since 2004. Schwab shows a 10 year load adjusted return of 8.5% and an 8.02% return since inception in 1999, which isn't bad.

    It's not something I would own personally as it doesn't fit my goals as a dividend growth investor, but looks like something that may be worth holding in a portfolio if looking strictly for current income.
    Oct 28, 2014. 10:07 PM | Likes Like |Link to Comment
  • 401(K) Reconstructed - 2014 Q3 Review [View article]
    HGERRING1,

    You have some interesting names there in your portfolio. DOW is one that I looked long and hard at when I built the portfolio but never pulled the trigger on. I've been regretting it ever since as its up over 50% since then.

    AGNC has a nice yield, but I don't have the stomach for mortgage REIT's. That 11% yield makes up for a lot though if prices continue to fall.

    I'm interested to see how Mattel handles the dividend as its next expected raise should be in January. I expect another mid-single digit raise at best. The company has had similar struggles at times in the past so I'm willing to be patient for a while with it. The 5% yield definitely makes it easier to do so.

    Good luck to you as well.
    Oct 28, 2014. 09:48 PM | Likes Like |Link to Comment
  • 401(K) Reconstructed - 2014 Q3 Review [View article]
    CharReg,

    I've been struggling with Coach because as ugly as things are now, I think in the long run they will get things figured out and return to positive growth in the U.S. once again. The company is also showing great growth in China, which is a huge market. One thing I've learned so far is that sales of financially strong companies from your portfolio shouldn't be taken lightly.

    The company has little to no debt, plenty of cash, and the dividend is well covered at 72% of earnings. It announced this morning that the dividend is expected to remain the same for this year, which gives a yield of nearly 4%.

    I'm planning on holding it for a few more quarters to see the direction of earnings into 2015. If U.S. sales don't show any signs of rebounding by then I will probably find a replacement for the portfolio.

    Thanks for commenting, and best of luck to you as well.
    Oct 28, 2014. 09:38 PM | Likes Like |Link to Comment
  • 401(K) Reconstructed - 2014 Q3 Review [View article]
    jwill53,

    Definitely worth the read and some great discussion in the comments that followed the article. Was very well put together by Mike Nadel, I felt honored to be a part of the collaboration.
    Oct 28, 2014. 09:30 PM | Likes Like |Link to Comment
  • 401(K) Reconstructed - 2014 Q3 Review [View article]
    I have a mix of both. I definitely used the CCC List when building the portfolio, but also have some others like AMP, SBUX, APPL, THO, WSO, GME, KMI, and QCOR before it was bought out, that may be more of what you are talking about. PII, CMI, ABC, ROST are some others I own that are higher growth companies.

    http://seekingalpha.co... is an article I wrote that highlights some other higher growth type stocks.

    Hope this helps.
    Oct 28, 2014. 06:15 PM | Likes Like |Link to Comment
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