State Street Corp. (STT)
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- The Facts Behind the Coming Congressional Mortgage Bailout Bill [view article]
- To Bail or Not to Bail? - Fast Money Recap (9/29/08) [view article]
- 20 Top High-Dividend Growth Stocks [view article]
- Wall Street Breakfast: Must-Know News [view article]
- More On Banking Subprime Fallout [Housing Tracker] [view article]
- What Should an Investor Do in Times of Panic? [view article]
- Friends Don't Let Friends Buy Stocks - Look at State Street [view article]
- Resolution Meeting - Fast Money Recap (9/18/08) [view article]
- Thursday Options Update: MS, STT, LM, NAL, GGP, PLD, KG, DO [view article]
- PFI: PowerShares Dynamic Financials Outperforms Its Peers [view article]
- Dividend Analysis: State Street Corporation [view article]
- Bank Executive Compensation and the Bailout [view article]
loading ...Recent STT Articles
- To Bail or Not to Bail? - Fast Money Recap (9/29/08)
- More On Banking Subprime Fallout [Housing Tracker]
- What Should an Investor Do in Times of Panic?
- Wall Street Breakfast: Must-Know News
- Resolution Meeting - Fast Money Recap (9/18/08)
- Friends Don't Let Friends Buy Stocks - Look at State Street
- Thursday Options Update: MS, STT, LM, NAL, GGP, PLD, KG, DO
- Putting on the Moves - Fast Money Recap (9/15/08)
- 20 Top High-Dividend Growth Stocks
- PFI: PowerShares Dynamic Financials Outperforms Its Peers
- Full List of Articles »
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Dividend Aristocrats: Top Dividend Growers [view article]
Mixter, you speak the truth about the arrogance of this bank. I too stopped using the bank to do everyday banking based on their business model. However, as an investment, they seem to be doing just fine. From the customer service stand point, they are terrible and have caused me to move to more friendly and response banks.As for the subprime mess that we are in, I suspect that many banks including B of A will be soon chopping their dividends. Right now they have an ideal set up with the Feds giving them cheap money and keeping loan rates high. That is one way or them to cover the pending losses resulting from the sub prime loans made by them.
I do not see where they will gain much from the Country wide take over- at least in the short run. Maybe in the long run if the current banking crisis doesn't blow up into a full blown collapse this will turn out to be a good strategy for them to increase their exposure to the home mortgage market. We will come out of the housing down turn I believe, but in the immediate future, there will be some blood in the streets. Reply
Dividend Aristocrats: Top Dividend Growers [view article]
Very important - When you put in the Sell order the day before the stock goes x-div, PUT THE ORDER IN AFTER THE MARKET IS CLOSED. That way, you will get the div. Also, please excuse typos. Of course, if you don't want the div., you sell BEFORE the market closes. Whichever seems like a better deal. ReplyDividend Aristocrats: Top Dividend Growers [view article]
To Marol - There are many ways to make money from dividend stocks besides buying and holding. Which most of the above cimments emphasize. First, check dividends in the newspaper every nite. When you find one which pays quarterly, buy as much as you can if the price has not started to go up. Then, sell the day before it goes ex-dividend. You will usually have more profit than you would have if you had held the stock on its (sometimes) downward trajectory. Or you can do what I did last week - Buy the stock when it has just started to move up. A couple of days before the x-div. date, write about 30 out of the money calls (per 1000 shares) and the day before it goes x-div, put in a sell order at the market. You will get (usually) the first price of the day, which I did. The stock has already moved down where all my calls are profitable if I wanted to buy them back, but they are very safe. I love dividends. By the way, there are times when the stock does NOT go down after ex-div day. You can spend some time each week finding div. situations and making a list. Then you can jump from one issue to the other. Right now I own some HTE (a Canadian Royalty Trust) which I have been holding for awhile, but I write way-out of-the money calls close-in right before it goes ex. Pays a generous div. The market, these days, is not a place where I feel comfortable holding anything(with a few exceptions) for very long. My opinion - When you have a profit, take it. We're not going to the moon just yet. ReplyDividend Aristocrats: Top Dividend Growers [view article]
I am long on Pfizer - here is my thesis:I beleive Pfizer will be making multiple acquisitions (or a big ones) to replenish its near term pipleline before Lipitor patents expire over the 3 - 4 years. They are sitting on over 30 billion cash + short term assets and are continuing to add to the cash pile at the rate of 5 B a year (after paying out 8 B for dividends. They have a AAA credit rating (only a handful of companies have that - and none of banks).
They also continue to spend over 8 B in R&D and their mid term to long term pipeline looks quite good. I don't think there is any great danger of divdend impairment. Reply
Dividend Aristocrats: Top Dividend Growers [view article]
Each quarter you receive a dividend, and you automatically convert that amount to the companies' stock, you receive the compounding effect. Over time, it really works well for you. ReplyDividend Aristocrats: Top Dividend Growers [view article]
BofA's annual dividend is running 2.56. If you have shares from 87 you are getting over 50% yield on initial investment. ReplyDividend Aristocrats: Top Dividend Growers [view article]
Notsosmart - your website link does not point correctly (I assume). You may want to check it. ReplyTiedeman
Dividend Aristocrats: Top Dividend Growers [view article]
Mixter: Many banks will try to rape you with fees. Not just B of A. ReplyTiedeman
Dividend Aristocrats: Top Dividend Growers [view article]
B of A is a superb example of why one needs to own dividend stocks. Had you purchased B of A back in 1987 your cost basis would be about $3.00. The annual dividend is about 80 cents. This equates to a yield of 26.66% on your initial money. ReplyDividend Aristocrats: Top Dividend Growers [view article]
I am a big believer in Dividend investing. Currently we have Mergents Dividend AChievers and we have S& P Dividend Aristocrats. It would be great if some one wrote a detailed piece comparing them.I have seen studies done historically which proves dividend paying companies far outperform non-dividend paying companies.
The problem is investors do not have patience and do not look it from a 10 to 20 years perspective. They always seeing a stock price growth for 5 years and decide the stock is dead beat. For example look at WMT chart for 5 years and then again for 15 years. You will see the difference.
My logical explanation as to why I like dividend paying companies is, it provides discipline to the management. IF a company is 'committed' to pay dividends and to grow them as the companies listed above, it provides them with a good guide line and they do not go on a shopping spree and waste money on big costly acquisitions. It provides a dependable inflation adjusted income stream for the patient investor.
I am still torn between share repurchases and dividends. I normally reinvest dividends through a DRIP program so I wonder whether stock repurchase is better for me tax wise. However a dividend is a public commitment to either retain or increase the distribution (I love companies that are committed to increase dividends like WMT, JNJ) but stock buy back is not a commitment. A company may choose NOT to buy back shares when the prices get too high.
I have some questions on NUCOR though. As I understand they are a commodity company without any 'brand' or moat. How do they manage to perform so well over time?
In the past I have resisted temptations to own NUCOR as it is a commodity company. Can some one provide more info as to why NUCOR will be around for next 30 years?
Reply
Dividend Aristocrats: Top Dividend Growers [view article]
Can someone(s) help me here?I just don't understand why we should care about dividends, when the stock normally declines by the same amount each time the dividends are paid.
Am I missing something? Reply
Dividend Aristocrats: Top Dividend Growers [view article]
Mixter. Boy have u got it straight on Bank of America. Now if the other 98% of Americans would get smart. ReplyDividend Aristocrats: Top Dividend Growers [view article]
Some very good information, from author and readers. Thanks. ReplyDividend Aristocrats: Top Dividend Growers [view article]
USB has no subprime exposure. I think Buffett bought $2 billion of it in 2007.PFE has a lousy pipeline, but it also has $22 billion in cash and there are tons of depressed biotech stocks out there. Reply
Dividend Aristocrats: Top Dividend Growers [view article]
Good piece David.America is the place to invest.
America has no equal. Reply