Shell And BP Are Looking For A New Dawn: What's In The Cards For Their Future? [View article]
My comment was apparently timely...I was looking over my account and saw a message on the side that said Scottrade is going to start up a DRIP soon, but it will be different from a normal DRIP. They're calling it a flexible DRIP so that you can use accumulated dividends to buy "almost any stock or ETF you want" commission-free.
Shell And BP Are Looking For A New Dawn: What's In The Cards For Their Future? [View article]
The A shares won't incur withholding as long as one is enrolled in the Scrip programme, you're correct. Scottrade is *supposed to be* moving in the direction of allowing div. reinvestment (and hopefully will participate in the Scrip as well)...there's really no reason not to when several of their competitors do.
Shell And BP Are Looking For A New Dawn: What's In The Cards For Their Future? [View article]
I use Scottrade for my IRA, which currently doesn't allow div. reinvestment of any kind, let alone participate in the Scrip dividend programme, so having RDS-A doesn't make sense for my situation. I have RDS-B in my Roth and the cash dividends are used to fund purchases of other stocks.
I'm content to let the "B" shares continue to be bought back for cancellation to offset the dilution of "A" shares because of the programme. If ever I decide to use a different brokerage, I may consider starting a position in RDS-A and sign up for the Scrip.
Shell And BP Are Looking For A New Dawn: What's In The Cards For Their Future? [View article]
"There are too many articles on Seeking Alpha concerning the top oil companies."
Followed by an article concerning top oil companies, haha!
On a different note, I see no mention of the two distinct classes of ADR's for Royal Dutch Shell, the "A" and "B" classes. Each ADR represents 2 ordinary shares...each share pays $0.45. So, each ADR pays $0.90. RDS-A and RDS-B trade at different prices, thus the yield confusion.
RDS-A current yield is 5.17% based on stock price of $69.68 RDS-B current yield is 5.00% based on stock price of $71.92
Assuming their target fleet growth is still 10%, I'd say they have a ways to go before meeting that goal in 2013. At the end of 2012, they had 109 planes, so a 10% increase would be 120 planes by the end of 2013. After the sales, they have 100 planes now, plus the new 800 they just bought and plans to buy five more...okay, that takes us to 106. The year is nearly half over and we have 14 planes to go...
American Capital Agency Corp.'s Detailed Dividend Sustainability Analysis [View article]
It's nice to meet you, scruffy. I'm an American with mostly Irish background...about 5'7" or so, and I like grilled fish (wild-caught only, no farm raised stuff).
FLY Leasing Reports First Quarter 2013 Financial Results [View article]
Actually, that's not all I can say. There is something that is potentially worrisome. FLY has stated that they want to increase their fleet size by 10% per year. Over the past quarter, their fleet has decreased by about 8.25% (not counting the brand new 737-800 they just bought). I understand the want to sell off older aircraft, but what will they have to do to get more planes? If the fleet doesn't grow, neither does revenue. There's so little liquidity in FLY's shares, I'm not sure a buyback is appropriate, even at the discount to book. Why not use that $30M (or some part of it) to purchase aircraft?
Ideally, I'd like to see most capital investment come from operating revenues instead of debt or one-time sales. I'm glad they've taken advantage of low interest rates, but can the business sustain itself and grow when rates aren't so low? The planes will age while FLY is making debt repayments...older planes get lower lease rates...and interest rates can only go up over the longer term.
I did the same with silver - bought most of it between 2006-2010, and then when we had the big run-up in late 2011, I sold at $48/oz...the metal was advancing day in and day out for weeks and I decided it wouldn't continue...to this day, it was the best trade I've made. I used the proceeds to start my DG portfolio.
Now that the price of silver has dropped into the low/mid 20's, I'm a buyer again as this price is awfully close to what it costs to pull the metal out of the ground and prepare it for market. Silver is quite a productive asset, just not in my hands, and I am happy to go along for the ride.
Is A $3 Million IRA Sufficient For Retirement? [View article]
I have several friends who are high school/college math teachers, and they have expressed the some dissatisfaction with Common Core (I'm not knowledgeable enough about to comment on it). I'm assuming you were a math teacher as well??? What are the specific issues with it? Thanks!
Is Dividend Growth Investing Crippling Your Dividend-Based Retirement? [View article]
"And you don't have to buy 100 shares. Buy 5 shares of a couple of blue chips like MO and T, and add to them as you get the money."
Here, here!!!
Seriously, investing small amounts, even enough to buy just a few shares, never seems to be something that is encouraged because of the transaction costs, but the truth is that not everyone has thousands to invest. If you did, I agree buying a few shares here and there wouldn't make much sense, but for someone who has only a few hundred dollars or less to invest at a time...dang it all, we should be encouraging them to invest!
I've given the example before that for about $30, you can buy a share of GE including commission. Well, who in their right mind would buy one measly share? Someone who only has $30 to invest, that's who! I suppose they could buy 30 Snickers bars, 15 boxes of staples, or movie tickets for two, but how does that help them in the long run? How long does it take a person, at their income level, to set aside a hundred bucks or how hard is it for them not to spend it? Everyone has to start somewhere and we should be encouraging saving and investment no matter how little money a person has - that's empowerment. Thanks for putting that out there Serene:)
FLY Leasing Re-Prices 2012 Term Loan [View article]
Shell And BP Are Looking For A New Dawn: What's In The Cards For Their Future? [View article]
Bout' time:)
Shell And BP Are Looking For A New Dawn: What's In The Cards For Their Future? [View article]
Shell And BP Are Looking For A New Dawn: What's In The Cards For Their Future? [View article]
I'm content to let the "B" shares continue to be bought back for cancellation to offset the dilution of "A" shares because of the programme. If ever I decide to use a different brokerage, I may consider starting a position in RDS-A and sign up for the Scrip.
Shell And BP Are Looking For A New Dawn: What's In The Cards For Their Future? [View article]
Shell And BP Are Looking For A New Dawn: What's In The Cards For Their Future? [View article]
Followed by an article concerning top oil companies, haha!
On a different note, I see no mention of the two distinct classes of ADR's for Royal Dutch Shell, the "A" and "B" classes. Each ADR represents 2 ordinary shares...each share pays $0.45. So, each ADR pays $0.90. RDS-A and RDS-B trade at different prices, thus the yield confusion.
RDS-A current yield is 5.17% based on stock price of $69.68
RDS-B current yield is 5.00% based on stock price of $71.92
FLY's CEO Discusses Q1 2013 Results - Earnings Call Transcript [View article]
American Capital Agency Corp.'s Detailed Dividend Sustainability Analysis [View article]
FLY Leasing Reports First Quarter 2013 Financial Results [View article]
Ideally, I'd like to see most capital investment come from operating revenues instead of debt or one-time sales. I'm glad they've taken advantage of low interest rates, but can the business sustain itself and grow when rates aren't so low? The planes will age while FLY is making debt repayments...older planes get lower lease rates...and interest rates can only go up over the longer term.
FLY Leasing Reports First Quarter 2013 Financial Results [View article]
Is This Security A Safe Haven? Absolutely Not [View article]
Gold Vs. Coca-Cola [View article]
Now that the price of silver has dropped into the low/mid 20's, I'm a buyer again as this price is awfully close to what it costs to pull the metal out of the ground and prepare it for market. Silver is quite a productive asset, just not in my hands, and I am happy to go along for the ride.
Survey Says... These Are Dividend Growth Investors' Most Widely Held Stocks [View article]
I am fairly surprised that no Canadian banks made the list as they are about the only banks that have received consistently good press here at SA.
Is A $3 Million IRA Sufficient For Retirement? [View article]
Is Dividend Growth Investing Crippling Your Dividend-Based Retirement? [View article]
Here, here!!!
Seriously, investing small amounts, even enough to buy just a few shares, never seems to be something that is encouraged because of the transaction costs, but the truth is that not everyone has thousands to invest. If you did, I agree buying a few shares here and there wouldn't make much sense, but for someone who has only a few hundred dollars or less to invest at a time...dang it all, we should be encouraging them to invest!
I've given the example before that for about $30, you can buy a share of GE including commission. Well, who in their right mind would buy one measly share? Someone who only has $30 to invest, that's who! I suppose they could buy 30 Snickers bars, 15 boxes of staples, or movie tickets for two, but how does that help them in the long run? How long does it take a person, at their income level, to set aside a hundred bucks or how hard is it for them not to spend it? Everyone has to start somewhere and we should be encouraging saving and investment no matter how little money a person has - that's empowerment. Thanks for putting that out there Serene:)