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jayridescarbon

jayridescarbon
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  • Exxon Mobil Needs A Big Dividend Hike This Year [View article]
    Hi Michael,

    Wow, I'm surprised by the comment thread. I agree with you that XOM shareholders see to be a bit too emotionally involved with this holding. I have only been investing in individual, dividend growth stocks for about 3 years. I own COP and CVX, but have never had any interest in XOM for the reasons you have stated well.
    Mar 8 09:41 AM | 1 Like Like |Link to Comment
  • Is Wal-Mart's 2% Dividend Increase A Warning To Investors? [View article]
    I sold 1/4 of my position on the news of the paltry increase and will sell the rest if next year's raise is single digit. I broke my rule of establishing a position in a stock with less than a 3% starting yield BECAUSE of their stellar average annual increase over the past ten years. With a yield of around 2.5 percent, should they now become a single digit average raise, there are better places to put my cash.
    Mar 4 10:50 PM | 4 Likes Like |Link to Comment
  • 8 Big Name Stocks Raising Dividends And Expectations [View article]
    Hi JR,

    Well, I was intending to sell some stocks in my taxable account to pay for a new car, but the dealer cannot locate the model/options I want. My last Walmart purchase was in that account and was on the chopping block to be sold for that purchase due to the poor dividend increase, but now with the car unavailable, it has gotten a reprieve. However, I suspect I will sell when I identify a replacement with a better initial dividend yield. I don't expect to sell all of my Walmart in various accounts, but perhaps about half of my total position. Most likely, an increase of less than 10 percent next year would result in my dumping the rest of my shares.
    Feb 24 11:08 PM | Likes Like |Link to Comment
  • 8 Big Name Stocks Raising Dividends And Expectations [View article]
    Nope, WMT has not gone more than 4 quarters without raising the dividend over at least the past 13 years (that's as far as I checked). They have raised it every year and never by this little (percentage).

    http://bit.ly/1cFgPrk
    Feb 23 05:31 PM | Likes Like |Link to Comment
  • Verizon - A Good Candidate For Long-Term Investment [View article]
    Hi 511,

    I have asked this question in a few threads with mostly negative response. From what I have read in various threads, there are those that consider this a "windfall" and those that consider this basically a wash/return of capital. I am in the "wash" category. The main argument of those who see this as a windfall is that the share price of Vodafone has gone up from the mid to upper twenties to the mid thirties over the past year or so based upon the anticipation of this deal. That increase in share value is the "windfall." Personally, I don't find a thirty percent or so increase in share price a windfall. I have quite a few stocks that have increased that much or more over the past 2 years in this rising market. A rising tide lifts all boats as they say. Lockheed Martin which I bought last winter at 87 and is now up more than 85 percent at 164 I consider a windfall should I decide to sell.

    The reverse split should essentially remove from your VOD shares value about what was given in cash/VZ shares.

    In addition, I am reading that both the cash and VZ shares will be subject to taxes in taxable accounts, so my "return of capital" will likely be subject to taxes.
    Feb 23 05:12 PM | Likes Like |Link to Comment
  • 8 Big Name Stocks Raising Dividends And Expectations [View article]
    Well, WMT certainly pulled the rug out from under dividend growth investors. I broke my basic rule of not investing in stocks with an initial yield of under 3% by averaging into WMT over the past 6 months on the dips. This, of course, was based on their strong dividend growth of more than 14% over the past 5 years and more than 16% over the past 3 years. Yeah, I know earnings are down, but a 2% increase with a payout ratio of about 36% is stunning.

    Next week, I will be lightening up that position.
    Feb 21 05:34 PM | 3 Likes Like |Link to Comment
  • So What Are My Vodafone Shares Worth? [View article]
    Hi Ray,

    Not to beat a dead horse, but looking at other threads outside of SA, many do not look at this as a windfall, but simply a restructuring due to the reverse split. Here is one:

    http://bit.ly/1fvgkOd

    If the "windfall" is the increased share price of about 30 percent from the mid to high twenties that VOD has been trading at in the past few years to the share price now, well many of my stocks have increased that much over the past few years in this market. A rising tide lifts all boats as they say.
    Feb 15 05:15 PM | 2 Likes Like |Link to Comment
  • My Fourth Quarter Portfolio Review [View article]
    Hi Bob,

    Thanks for your update. Any plans for PPL? Their recent increase was only 1.3 percent after a pretty meager increase last year. I'm holding for now, but if next year's increase is less than 2.5 percent, I may look to end that partnership.

    Also, EEP has not raised their distribution in 7 quarters I believe and their unit price is going nowhere. I recently read that their distribution coverage ratio has been less than 1 for several quarters. I will be exiting that position within the next week.

    Jay
    Feb 13 07:56 PM | 1 Like Like |Link to Comment
  • Several Reasons To Bring Dividend Investors To PPL [View article]
    With their recent dividend increase, PPL is challenging Con Edison for the weakest dividend growth of the major, safer utes. I will probably hold for now, but if next year's increase is less than 2%, I will likely exit my relatively large position.
    Feb 13 07:35 PM | 1 Like Like |Link to Comment
  • Enbridge Energy Partners misses by $0.13, beats on revenue [View news story]
    No increase in the distribution for nearly 2 years and no unit price appreciation. Distribution coverage is poor and they are at risk for a distribution cut similar to Boardwalk. I will be dumping my shares on the next up day.
    Feb 12 07:44 PM | Likes Like |Link to Comment
  • So What Are My Vodafone Shares Worth? [View article]
    RW, Ray, and Mike,

    Thanks for your replies. Actually, my cost basis is around 27 as my shares were purchased between 1.5 and 2 years ago. All of your responses center around the gain from the mid 20s to the mid 30s in share price, but the share price had already hit 32 in the beginning of September well before the deal was announced. The stock was around 34 when the deal was announced and the speculation prior was no stronger than it had been for the previous year about a possible deal. I expected the price to jump much more after the announcement, but it really hasn't.

    I guess we will have to agree to disagree. I don't consider this a windfall, but more like a return of capital.
    Feb 10 11:14 AM | 2 Likes Like |Link to Comment
  • So What Are My Vodafone Shares Worth? [View article]
    Hi Ray,

    Thanks for the update on this. I hold VOD ADRs and it has grown to be my largest holding. As this plays out, I've become less enthusiastic. When the deal was first announced last fall, the initial reaction was that this would be quite a windfall for VOD shareholders. However, at a roughly 17 dollar payout in cash and VZ shares for each ADR, our shares will lose roughly half their value or we will end up with the reverse split with half the shares. Seems pretty much like a wash to me. Where exactly is the "windfall?"

    Jay
    Feb 10 12:09 AM | 2 Likes Like |Link to Comment
  • PPL Corporation declares $0.3725 dividend [View news story]
    Con Ed has been worse, but it looks like PPL is going to challenge them!
    Feb 8 11:18 AM | Likes Like |Link to Comment
  • PPL Corporation declares $0.3725 dividend [View news story]
    Hmm... I didn't think they could beat last year's meager hike, but they managed. Time to think about our long term partnership.
    Feb 6 11:30 AM | Likes Like |Link to Comment
  • Enbridge Energy Partners Declares Distribution [View article]
    7th straight quarter with no raise in the distribution as well as zero price appreciation. Can't wait to unload this POS.
    Jan 30 07:56 PM | Likes Like |Link to Comment
COMMENTS STATS
241 Comments
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