Valspar Corp. (VAL)

All Comments on VAL

  • commenter
    Sep 01 12:29 PM
    Dividend Investment Myths [view article]
    Excellent article Reply
  • commenter
    Aug 26 07:54 AM
    My Website
    Dividend Investment Myths [view article]
    agree with captain ccs: the point (a point) of buying dividend stocks is to take advantage of long term compounding. A ten year period would be more persuasive. Reply
  • commenter
    Aug 13 07:06 PM
    Oil Rebounds - Fast Money Recap (8/13/08) [view article]
    You must believe that the average investor is a moron. Naked Short Selling is THE culprit here. The hedges have been waiting for this race to the bottom to begin for weeks now. I will not purchase another equity until Naked shorting is permanently illegal in this maket. If it isn't stopped soon our banking system will eventually collapse and the businesses they service will also fail. You will be able to buy shares for pennies on the dollar. Then I'll come back into the market provided that the current chairman of the SEC has been replaced. Reply
  • commenter
    Aug 13 04:19 AM
    My Website
    Dividend Investment Myths [view article]
    Thanks captainccs for your comments. You are absolutely right about the fact that I'm data mining. However, as with any stock purchase you face the potential for downside risk when you buy. For this reason, I only data mine the stocks that are part of Mergent's Dividend Achiever Index (approximately 350 companies) so that I don't experience buyer's remorse once I'm in a stock. If the price falls after the purchase, I can easily "justify" my position with the mantra of "buy and hold." In the meantime, I'll be compensated for my wait.

    As you pointed out, I selectively examine only those that pay dividends. Of course, in reality I only chose those that are current and former Dividend Achievers. This means that I forego the opportunity to get the highest yields and the stellar performing non-dividend paying stocks. However, I am assured by the fact that management has an interest in seeing that the shareholders are compensated for their wait for the "promises" to deliver to materialize.
    Reply
  • commenter
    Aug 13 01:21 AM
    Dividend Investment Myths [view article]
    Intentional or not, what you listed as yearly performance appears to be performance off a recent 52-week low, two very different things. Reply
  • commenter
    Aug 12 11:38 PM
    Dividend Investment Myths [view article]
    Buy dividend payers and avoid financials! Reply
  • commenter
    Aug 12 10:59 AM
    My Website
    Dividend Investment Myths [view article]
    Using the growth since the last 52 week low as an indicator of long term grow is just pure nonsense. All it shows is that these companies do bounce back and that is just reversion to the mean working. The only other path would have been to zero. This is an example of data mining,

    Also note these two statements:

    >> I always focus on those Dividend Achievers that are within 5% of their 1-year low
    >> When considering stocks to buy, avoid those that are in industries which are at or near a new high.

    Dividends are used to select a universe of stocks but nowhere is there a comparison between this universe and a universe of non divided paying stocks. All the above says is buy low, sell higher.

    Of the above list I hold FDO, the 5th or 6th highest bouncer-back on the list at 70.45%. I bought it three years ago when I thought it was at a low. Current Average Growth Rate (CAGR), a dismal 4.4%. Dividends did little to support this stock.
    Reply
  • commenter
    Jul 16 08:24 AM
    Some Bargain Stocks to Consider Buying [view article]
    I own 4 of these stocks. I purchase thru their transfer agents and also reinvest all dividends thru a DRIP. Funny you should quote Buffett as these sound like Graham's selection criteria. Reply
  • commenter
    Jul 15 01:19 PM
    Some Bargain Stocks to Consider Buying [view article]
    I seriously consider these names as "just a jumping off point".. And, I'm not sure if dividend increases are a valid reason to buy in this market anyway. Look at a chart of PPG (Which I have been following as it keeps sinking) for example. Here's a company that has recently dumped its auto glass business... But is still leveraged to auto and industry in many ways.

    I think that pulling up the old 'boom-bust cycle chart' and maybe looking at some of these names based on the stage that you think we might be in would be a better jumping off point.... Well.. excepting anything to do with finance or real-estate that is..

    thx jegan ;-)
    Reply
  • commenter
    Jul 15 01:04 PM
    My Website
    Some Bargain Stocks to Consider Buying [view article]
    thanks for the screen. JNJ looks interesting even thought it has had a nice run up from its lows Reply
  • commenter
    Jul 15 12:36 PM
    Some Bargain Stocks to Consider Buying [view article]
    A rational approach to investing, as opposed to the general casino/roulette wheel theory of market playing that has become the American Capitalist paradigm. Reply
  • commenter
    May 13 01:39 PM
    Dividend Analysis: Valspar Corporation [view article]
    (Whoops! Make that VAL's 1998 Annual Report!) Reply
  • commenter
    May 13 01:37 PM
    Dividend Analysis: Valspar Corporation [view article]
    Sorry. What I did not realize was that the dividend as shown on the Yahoo! Finance page ($0.0525) was adjusted for the stock split. (The actual dividend that was paid in Mar '98 was $0.105, according to VAL's 1997 Annual Report.) Reply
  • Dividend Analysis: Valspar Corporation [view article]
    John,

    Actually the amount of shares should have been 6435 ( Adjusted for a 2:1 split in 2005). The closing price at the end of december was 31.08, dividend by 2 =15.54. The dividend was $0.0525*6435 = 337.8375.
    I would ask SA to change it.
    Thanks fo the heads up!
    Reply
  • commenter
    May 08 09:24 AM
    Dividend Analysis: Valspar Corporation [view article]
    Where are you getting your numbers?
    Using Yahoo! Finance, on Dec 31, 1997 the opening/closing price for VAL was 30.96/31.08. So investing $100,000 at that time, one could have bought 3225 shares, not 2768. Also, the dividend that was paid in March 1998 was 5.25/share. So, 2786*5.25 = $146.25. How did you arrive at $337.84?
    Reply