iShares Dow Jones US Financial Svcs (IYG)

All Comments on IYG

  • commenter
    Jun 26 01:03 AM
    U.S. Bank Dividend Yields Revisited [view article]
    Winslow - You are absolutely correct - make sure you vote for Obama and he will make all your dreams come true except some of us may consider them nightmares.
    Oh yeah - gov't control is the answer for everything.
    Reply
  • commenter
    Jun 25 04:19 PM
    U.S. Bank Dividend Yields Revisited [view article]
    All of these institutions have commited a crime. The government needs to take a strong stance that nothing like this will ever happen again. Alas, we have a present administration that considers this "the normal business cycle". These financial firms are the conerstone of the US economy and we let them take all the candy in the candystore. Reply
  • commenter
    Jun 25 12:43 PM
    U.S. Bank Dividend Yields Revisited [view article]
    The CEO of BAC stated rather emphatically that they would not cut the dividend. And, based on this year and next year's earnings estimates there is no reason to disbelieve him.

    Some write downs will be write UPS next year.

    And, in answer to a previous poster.... we always picked up casualties (wounded) while bullets were still flying.
    Reply
  • commenter
    Jun 25 12:37 PM
    U.S. Bank Dividend Yields Revisited [view article]
    I don't understand how upper management of most of these banks have a job. Many should have been fired months ago. Reply
  • commenter
    Jun 25 10:40 AM
    My Website
    U.S. Bank Dividend Yields Revisited [view article]
    Previous pseudonym was 'eyes wide opened' chosen for one post many months ago. Have updated pseudonym to match that used at investorvillage.com boards. Reply
  • commenter
    Jun 25 10:22 AM
    My Website
    U.S. Bank Dividend Yields Revisited [view article]
    I like BAC and have been considering taking a position in this beaten down financial giant. Regardless of a dividend cut or not, would consider the stock to be a great long term investement. But shorter term, related to the timing of an entry, does anyone have a concern over the POR of the bank. Yahoo shows the payout ratio as 104%. The dividend is 64 cents per quarter, and earnings.com shows earning of Q2 2007 through Q1 2008 as $1.28, .82, .05, .23. I'm wondering how much of those earnings are related to write downs that may have nothing to do with short term cash flow. Am also thinking that much of those 100% writedowns will not really be 100% losses and in the next year or two will be added back to the books. Finally, I would think that as soon as write downs are history, the earnings number will immediate rebound to a decent level. Anyone have a guess as to the likelihood of a dividend cut for BAC. It would seem that shortly after such a cut may be the best time to initiate a postition in the bank. Reply
  • commenter
    Jun 25 09:56 AM
    U.S. Bank Dividend Yields Revisited [view article]
    Evaluating the accuracy of the article reveals that the author's research was good and probably perfect at the time is was done. My update using, Yahoo Finaace, for, June 24, yields the following, 9 Div. Ylds. are the Same;10 Div. Ylds. are Higher; 6 Div. Ylds. are Lower. The lower yielders are, C, WB, WM, NCC, FITB, HBAN. My thanks to, The Sun and Seeking Alpha. Reply
  • commenter
    Jun 25 09:50 AM
    My Website
    U.S. Bank Dividend Yields Revisited [view article]
    I've owned 6,000 shares of BAC for many years. By buying Countrywide, Ken Lewis has risked the credibility of what , in my opinion was the best bank. If he is able to make this buy a success and not cut the dividend, I will apologize, but if the dividend is cut, that s.o.b. should get thrown out on his ass, without a parachute! Reply
  • commenter
    Jun 25 09:22 AM
    U.S. Bank Dividend Yields Revisited [view article]
    I have had a large investment in BAC for many years and recently bought more. I re invest all my dividends and the compounding is considerable. I figure if BAC goes to Hell then the whole country is doomed. I am in for life. Reply
  • commenter
    Jun 25 08:17 AM
    My Website
    U.S. Bank Dividend Yields Revisited [view article]
    It may be worth noting that during this past year that both USB and BBT have increased yields not only via share price drop but also because of increasing their distribution level. USB raised its quarterly dividend from 40 cents to 42.5 cents per share for its January payment. BBT just announced a dividend increase from 46 cents to 47 cents per quarter, with its August first payment. For USB, the dividend represents a POR of 68.6% vs. Q1 earnings of 62 cents. For BBT the dividend represents a POR of 64% vs. Q1 earnings. IMO it is premature to say whether the earnings have stablilized yet for either of these banks, but there is a nice margin of safety supporting the current dividend levels. Further these companies, IMO, would not be raising distribution levels if they anticipated any likelihood of a dividend cut in the next year.

    Note: I own shares of USB, BBT, and IAT, consider each to represent value at current prices and am accumulating in small incremental purchases.
    Reply
  • commenter
    Jun 25 07:42 AM
    U.S. Bank Dividend Yields Revisited [view article]
    National City 20%? Why waste my time looking at his data if it is not correct? Good Lord, if he wants credibility, he needs to do some timely research into his facts. FITB just reduced their dividend for next Q. Lot of inaccuracy on this chart. Reply
  • commenter
    Jun 25 07:18 AM
    U.S. Bank Dividend Yields Revisited [view article]
    Then there's inflation at an admitted 4% but really double that and soon to be triple. My $ are in very small new firms having global footprints about to be profitable or there,and huge growth in their headlights. Talking resources, silver, molly, copper, oil, gas, gold, water, technology. They are all beaten down to wonderful levels. I figure sooner or later, folks will bale the big stocks and look for places with large earnings growth track records and potential even if they are less than $5 stocks now. Dividends in hyper inflation mean nothing unless it is a stock dividend in a fast growing firm that is under valued. I'd give examples but then some would suggest I'm hyping a poor stock I trying to unload. It is OTC time! Reply
  • commenter
    Jun 25 06:46 AM
    U.S. Bank Dividend Yields Revisited [view article]
    Even after the war is over (2010-2011) their earning power will be greatly reduced, and after some unpredictable knee jerk up action they probably will stagnate for a long time under reform rules or practice. This is dead and dying $. Reply
  • commenter
    Jun 25 06:29 AM
    U.S. Bank Dividend Yields Revisited [view article]
    Don't you think it prudent to wait until the shooting stops before you start picking up causalities? Reply
  • commenter
    Jun 22 12:32 AM
    My Website
    In Search of Low (or Negative) Correlation Between Asset Returns [view article]
    There is a promising new website called Asset Correlation (www.assetcorrelation.c...) which shows the correlation matrix for a host of different asset classes over the past 90 trading days. I have been tracking it for a few months and it is amazing how all the asset classes exhibited far higher correlation during the recent panic. As normalcy has gradually returned to the markets it is interesting to see how the historical scenario of lower correlation between asset classes has returned.

    A few months ago almost all the cells in the matrix were green and correlations were hovering around 80-90% for most of the major classes. As of today, there is far lower correlation between the classes (indicated by the larger number of yellow and red cells). It will be interesting to keep an eye on this website over the next few months.

    Hopefully in the future they will add correlations for longer time periods because 90 days strikes me as too short a period.

    Reply

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