Greg Group

Dividend investing
Greg Group
Dividend investing
Contributor since: 2009
Company: Get Rich - Stay Rich
COH at top of stock list at MSN
This is just a more volatile stock as traders like to play the price bounces. NQ just had an upgrade from Zacks:
On March 13, 2013 Zacks Investment Research, Inc. upgraded NQ MOBILE INC (NQ) from HOLD to BUY.
Agreed. The 30% is the average EPS growth moving forward 2-5 years. EPS is projected to grow 43% in 2013 and 25% in 2014.
Agreed. Now there is a class action against $BUD for adding water to cut cost while bottling the finished product. What are these companies thinking?
Still doable - EPS beats, dividend increase and only 15-20% EPS growth in the next 3 years!
Reports Q4 (Dec) earnings of $0.53 per share, $0.07 better than the Capital IQ Consensus Estimate of $0.46. ONEOK now expects net income guidance to increase by an average of 15 to 20 percent annually over a three-year period, comparing 2012 results with 2015. Previously, ONEOK estimated a three-year average annual growth rate of 20 to 25 percent, comparing 2012 guidance provided on Sept. 24, 2012, with 2015. The projected dividend increase for July 2013 has been revised to 2 cents per share, subject to ONEOK board approval, compared with its previous guidance announced on Sept. 24, 2012, of a 3-cent-per-share dividend increase. In January 2013, ONEOK increased its dividend by 3 cents per share to 36 cents per share, a 9 percent increase.
You can find more information at my website:
You have a very detailed argument but I must disagree with your assessment. Cal-Maine Foods just reported a 12% increase in sales and a 200% increase in net income in its first quarter fiscal year 2013 results compared to the same quarter one year earlier. The increase in sales was related to an increase in the price of eggs as total volume was flat. However, specialty egg (such as nutritionally enhanced, organic and cage free) sales have continued to trend higher and represented over 16.1 percent of dozens sold and 23.5 percent of total shell egg sales revenue for the quarter.
Cal-Maine Foods is projected to increase earnings by 15% in fiscal year 2013. the Company is a nice dividend growth play.
You can find the special dividends on my website:
For RNF, their fiscal year 2012 ends 9/30/2012 so the $3.30 is for this fiscal year. The $4.68 in dividends is annualized off of Q2 and Q3 of 2012. RNF's first dividend payments was 5/4 of $1.06 and 8/3 of $1.27 for a total of $2.33. Therefore, RNF has $3.30 in earnings and is paying out $2.33.
Thanks for your comment.
Mr Gross must appreciate you paying a premium for his products becasue you are a fan (i.e., CEFs). The 52-week high is not the point, CLMT and SXL are undervalued according to their current fair value.
CLMT's business consists of two segments: specialty products and fuel products. As a small refiner, CLMT would likely be significantly affected by price changes, a facility outage, or a market downturn.
This is what happened to CLMT in the past. They are much bigger and more stable today but most stocks will be taken down with a significant market downturn.
Just an update:
On August 30 ---Target's (TGT) same-store sales rose 4.2%, above the 3.1% that was expected, with stronger sales in the second half of the month as the weather cooled in parts of the U.S. Customers "responded to Target's broad assortment and compelling value for their back-to-school and back-to-college shopping," Chief Executive Gregg Steinhafel said.
On August 30 --- Gap posted a 9% increase in August same-store sales, when a 5.4% increase was expected. All three of its North American brands--Gap, Banana Republic, and Old Navy--reported growth, including a 12% rise at Old Navy, while international same-store sales fell 2%, short of the 0.6% growth expected. Chief Executive Glenn Murphy said the company "drove strong back-to-school sales, particularly at Old Navy."
On August 22 --- American Eagle Outfitters (AEO) up 1.3 percent, just off a new 52-week high, after reporting Q2 revenue of $739.68 million, up from last year's $669.12 million and over analyst estimates of $719.29 million. The company met on earnings, at $0.21. In Q2 of last year, AEO brought in $0.10 per share.
These stocks are underpriced as their EPS growth is not included in the price. These are dividend growers so they will continue to have lower yields BC their EPS is growing while they increase dividends.
ANCX has a dividend yield of 1.78% with a five-year average dividend growth rate of 43%.
Dividend Growers!
The equity summary score is important because (1) it is a consensus of analyst covering the stock and (2) it is weighted by how well each analyst has performed in the past. For example, a Street analyst that is more acurate in past projections will be weighted much higher than an analyst that has missed projections in the past. This skews the rating in favor of the best analyst following each stock.
The WSJ just picked up on the natural gas as a tranportation fuel (they always lag behind us researchers). Here is the link to the article.
I have a EPS TTM vs. Prior TTM of 188%. Look forward not to the past - We note RGC's best first-quarter results in its history fueled by a 16% surge in box office attendance, thanks in part to a broad and diverse film slate led by The Hunger Games. With a record domestic opening of Marvel's The Avengers kicking off a summer movie season that features what we consider a strong mix of
franchise films with built-in audiences, current trends could presage a record 2012 domestic box office featuring 35 3D releases, in our view. After completing its targeted 3D buildout, RGC seems to us on track for a full digital conversion in 2012 or early 2013.
Our 12-month target price of $16 reflects an EV/EBITDA multiple of 7.3X our 2012 EBITDA estimate, consistent with recent private market transactions. We see ample financial flexibility for sustainable dividend payout -- recently yielding 5.9% and averaging nearly 70% of free cash flow over the past three years.
You decide?
You guys might want to check out EFC... This Stock Increased its Dividend 75% with a 13.2% Dividend Yield
Here is the press release with dividend info...
TAMPA, Fla., March 28, 2012 (GLOBE NEWSWIRE) -- Homeowners Choice, Inc. (Nasdaq:HCII), a Florida-based insurance holding company, today announced that its board of directors has declared a regular quarterly cash dividend on its common shares in the amount of 20 cents per share, representing a 33 percent increase over the previous quarterly rate of 15 cents per share. The dividend increase is the third increase in three consecutive quarters. The company previously announced an increase in its regular quarterly dividend from 10 cents to 12.5 cents in November 2011, followed by an increase to 15 cents announced in January. The dividend will be paid June 15, 2012 to shareholders of record on the close of business May 17, 2012.

This is what I have for dividends:
Year Ex-Dividend Date Dividend ($)
Q2 05/15/12 0.200000
Q1 02/15/12 0.150000
Q4 11/29/11 0.125000
Q3 08/17/11 0.100000
Q2 05/18/11 0.100000
Q1 02/16/11 0.100000
Thanks. I will see what I can find for you guys.
Thanks for your comment. You are right on target with your philosophy.
WMT is trading at its fair value price while TGT is trading at a 15% discount to fair value. This adds more margin of safety to purchasing the stock.
The point of this article is where the money is flowing in CEFs since the start of 2012. You should ask fellow investors if they ever lost money following the Morningstar ratings for CEFs. ROC is a complex topic that does not mean what most investors think it does. Read here for more on ROC:
Berkshire just closed their XOM position in 12/31/2011 report.
Merck: FDA approves Zioptan (tafluprost ophthalmic solution), Merck's once-daily, preservative-free ophthalmic medication Co announced that the FDA has approved ZIOPTAN (tafluprost ophthalmic solution) 0.0015%, the first preservative-free prostaglandin analog ophthalmic solution. ZIOPTAN is approved for reducing elevated intraocular pressure in patients with open-angle glaucoma or ocular hypertension. Open-angle glaucoma is the most common form of glaucoma, while ocular hypertension is a condition characterized by an increase in pressure inside the eye. The FDA approval of ZIOPTAN was based on efficacy and safety results from five controlled clinical studies of up to two years in 905 patients. Both preservative-containing and preservative-free formulations of tafluprost were used in these clinical studies.
Thanks for your comments. See the red arrows on the natural gas chart above - Natural gas prices have jumped 20% in last two days. SJT, HGT & DOM are all up in price. Pres. Obama - U.S. is looking for more ways to use natural gas as a cleaner alternative energy.
The article clearly explains: "The best trade on natural gas today is to buy cheap assets and wait until their value increases. The natural gas companies have dropped in price along with the market price of natural gas. However, you will be confronted with an uncertain amount of time for natural gas market prices to increase to normal price levels." The idea is to buy assets that are cheap and with for them to turn up. This is classic value investing based on low natural gas prices.
The article also states, "Dividends will vary based on production, price and costs." This is not meant to be misleading to readers.
You can do this as a shortcut.
Thanks for your comment. EV is basically market cap plus debt. You can find the calculated EV on yahoo finance under key statistics for each specific stock.
Like Doug stated, it is important to track the NAV to determine how management is operting with the assets. But I caution that you do not discount the importance of market price. If you need to sell your shares you receive market price not NAV. For example, ETB had a market price of $14.41 on 12/31/2010 and $12.84 on 12/30/2011. This is a 12% loss in price. Some CEFs can sell at a discount to NAV for a long period of time. Personally, I do not like to see a sharp decline in NAV or market price unless the CEF is a long-long hold and I am reinvesting distributions.
Just a note of caution for discussion.
Eaton Vance released the 9 months ending 9/2011 earnings report in a press release. These are the numbers they reported for each of the listed funds by Eaton Vance. You can find the press releases at their website.