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Ocean Man

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  • Analyzing MREITs (Part 2) [View article]
    Two things about ARR (both positive):

    1) The monthly dividend eliminates some of the annoying "noise" you get with an 18% yield REIT like AGNC where people are playing around with the huge dividend.

    2) ARR is largely into apartment buildings (not sure what %). Some would argue that demand is growing in the rental market as 1) homes foreclose and people move into apartments, 2) people can't qualify for home loans, 3) people don't want to buy if they think housing prices will drop lower, and 4) people who can't afford their house payments rent out their home and move into a cheaper apartment.

    This second point makes me feel like my ARR holdings are a bit diversified to my AGNC and NLY holdings, maybe not by much.
    Jun 17 09:41 PM | 2 Likes Like |Link to Comment
  • Income Ideas: 16 Undervalued High Yield Stocks With Good Dividend Coverage Ratios [View article]
    The yield is wrong on FLY too. It was over 6% when the div was 80 cents last year, but is under 5% with the div dropped to 64 cents.

    Makes you wonder why a stock on a list of stocks with good coverage ratios would drop their dividend.

    On the other hand, it appears that websites disagree whether or not it dropped to 64 cents - I don't see a company announcement saying that. But Yahoo agrees with this article saying 64 cents.
    Jun 16 11:10 PM | 1 Like Like |Link to Comment
  • CVR Partners: 9.6% Dividend Yield With Potential to Grow [View article]
    Looks like UAN (and most agricultural / corn - related stocks) took a dip after the ethanol subsidy repeal today. Could bounce back the other way if the President vetoes the Congress ruling.
    Jun 16 08:33 PM | 1 Like Like |Link to Comment
  • 30 'Overdue' Dividend Increases: Payouts in Peril? [View article]
    David - another great and valuable article and I love your Dividend Smackdown articles - keep 'em comin'. Thanks for your idea on ARLP, I researched that one and really liked what I found.
    Jun 16 02:02 AM | 3 Likes Like |Link to Comment
  • 4 Secrets to Finding the Best Dividend Stocks (And 7 to Consider) [View article]
    D4L - I agree about Intel, it is a steal under $21.50.

    I also want to thank you for your tip on Electro Rent (ELRC) in your June 3rd article. I have enjoyed the increase from $14.60 to $16.26 since then for an 11.4% gain (in a down market) to go with it's plump 5.5% yield.
    Jun 16 01:30 AM | 2 Likes Like |Link to Comment
  • 5-Unheralded High Yield Dividend Stocks [View article]
    I have been very happy with the relative strength held by my MLPs during the down market of the past seven weeks. One other to consider is Kinder Morgan (KMP) which dipped from a recent high of $77.80 to $71 after announcing a secondary this week - I consider this a good entry point.
    Jun 16 01:07 AM | 2 Likes Like |Link to Comment
  • Desperately Seeking Yield Through Equities: Part 2 - Agency REITs [View article]
    Mr. Mause: Thanks for an excellent article on REITs.

    1) What do you think about a hybrid REIT like Ellington Financial (EFC)?

    2) Why do I never see a comment about the defensiveness of these REITs? They have been the stars of my portfolio over the past seven weeks.
    Jun 15 11:37 PM | Likes Like |Link to Comment
  • CVR Partners: 9.6% Dividend Yield With Potential to Grow [View article]
    My tax guy charges $22 per K-1, so that's a consideration - usually leads to me going heavy into an MLP or not at all. However, there are tax deferral advantages to MLPs too.

    Read the Wells Fargo "Everything you ever wanted to know about MLPs..." article. It's only 156 pages long. It will answer your questions about MLP taxation and risks.
    Jun 15 12:14 AM | Likes Like |Link to Comment
  • 5 Sin Stocks to Watch for Summer [View article]
    I was sinfully overjoyed to be long Lorillard today!
    Jun 14 11:39 PM | 1 Like Like |Link to Comment
  • 6 High-Yield Dividend Stocks for a Portfolio Boost [View article]
    Todd - I like your recommendations on high-yield ideas for me to research. What is your take on the 15% price drop on PGP over the past week?
    Jun 14 01:15 AM | 1 Like Like |Link to Comment
  • 6 Dividend Stocks Providing Increasing Returns [View article]
    I've never owned shares in a $0.0 billion company before. Might be liquidity concerns, although it does seem worth a look otherwise. Good article, thanks.
    Jun 13 09:06 PM | Likes Like |Link to Comment
  • Atlantic Power: Biomass Exposure, 7.4% Yield and Dependable Monthly Income [View article]
    Excellent article. I am long AT for many of the reasons you outlined.
    Jun 13 06:00 PM | 3 Likes Like |Link to Comment
  • 'Dogs of the World' Should Fetch Some Investor Interest [View article]
    Why do different websites show different past dividends for these foreign telecoms? Is it due to adjusting for exchange rates, or net of withholding?
    Jun 10 01:06 AM | 1 Like Like |Link to Comment
  • 8 Dividend Stocks Yielding Over 3%, With Tiny Payout Ratios [View article]
    I had been following UNS for a while and was just about to buy it today when I saw that a huge fire in AZ was threatening to knock out the two main power lines that supply Tucson and was approaching one of the main power plants for UNS.

    I still like the stock, but I'm going to hold off for a week or two to see how this turns out.
    Jun 10 01:06 AM | 1 Like Like |Link to Comment
COMMENTS STATS
360 Comments
402 Likes