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SteveTheHawk

SteveTheHawk
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AAPL, ABBV, ABT, AEO, AEP, AMJ, AMZN, ARLP, BAC, BKCC, BKE, BOND, CL, COP, COST, CSCO, CVX, DLR, DTN, DUK, DVY, ED, EXC, FTR, GD, GE, GIS, GPC, GS, HAS, HGIC, INTC, JNJ, K, KEY, KKR, KMB, KO, KONA, LMT, MCD, MKC, MMM, MSFT, O, PEP, PG, PM, SDY, SO, SON, SYY, T, TGT, THI, TWC, UL, VTR, VZ, WAG, WEC, WFC, WM, WMT, XOM, XRT, YUM
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  • Why Write On Seeking Alpha? [View article]
    Harm:
    I agree. Eventually, one learns which authors to pay attention to. To date, I have almost 50 authors on my follow list. On occasion I'll run across an article that causes me to add to the list.

    My follow list is enough to keep me busy most of the time. If articles begin moving toward the BS side of the equation, I remove them from my list... problem solved.
    Dec 22, 2014. 02:21 PM | 1 Like Like |Link to Comment
  • This Is The Third Most Attractive Time To Buy AT&T In The Past Generation [View article]
    DJ:
    Ha! Got you beat. I'm getting 0.75%. Yeah buddy.... raking in the cash. :-)
    Dec 20, 2014. 05:38 PM | 4 Likes Like |Link to Comment
  • 7 Stocks Providing Their Shareholders A Growing Income With Higher Cash Dividends [View article]
    I must say that while I appreciate any dividend increase I can get, I don't understand why a company would even bother with an increase like that. I usually keep track of dividend increases in order to track my progress. In this case, I'm not going to expend the energy needed to write it down. :-)
    Dec 20, 2014. 01:30 PM | 1 Like Like |Link to Comment
  • McDonald's Nears 52-Week Low: How Overpriced Chicken And Millennials Are To Blame [View article]
    Personally, I liked the wings at Mickey's. I liked them a lot. Guess I was in the minority. Then again, what do I know? I'm not a millennial.
    Dec 19, 2014. 04:20 PM | 6 Likes Like |Link to Comment
  • Chevron Corporation: Is Now The Right Time To Add To Your Position? [View article]
    I tend to agree, stan. My last CVX purchase was at $109. My next buy price is set for $95. I like the idea of averaging down with these kinds of companies. In 5 or 10 years, the income should be rather pleasant.
    Dec 18, 2014. 11:08 PM | 2 Likes Like |Link to Comment
  • Exxon Mobil Looks Like It May Have More Downside [View article]
    Josh:

    I own a fair amount of XOM, with all purchases being made when the current yield was at 3% or better. Basically, I have enough of this stock in my portfolio. Should a serious bargain present itself though, I'll want more. So, I agree with your premise and have set my next buy price at $79. This would place the current yield close to 3.5%... unheard of for XOM.

    It's hard to say what impact the oil crash will have on the next dividend increase in May. Still, if I can get 3.5% on this stock, I'll be content. If the yield doesn't rise to that level, I'll just have to be happy with what I already own.

    Steve
    Dec 16, 2014. 09:07 AM | Likes Like |Link to Comment
  • Chevron Corporation: Is Now The Right Time To Add To Your Position? [View article]
    IncomeYield:

    What the Saudis will do / not do is beyond my guesstimate capabilities. Knowing whether supply and demand issues and/or foreign policy issues will resolve is also well beyond my pay grade.

    What I do know is that the XOM/CVX/COP trio is more likely than not to continue paying dividends. Going forward 5 to 10 years, they are also likely to increase them to my satisfaction. Just my opinion though, not necessarily fact. I'm all about dividend income, so I'm watching for some really good deals so as to add to my stash.

    As to where my dry powder is coming from....
    I recently retired and rolled a 401K to an IRA. With that money, I have purchased some KO, GE, T, XOM, CVX and COP. Even with that, my IRA is still 86% in cash. I've got plenty of room to watch the market for a bit and average down as appropriate. I felt the need to put at least some of the money to work, but I'm trying not to go too crazy. I realize that oil stocks are rather "risky" at the moment, so I've now shifted into slow mode so I can see what happens next.

    Steve
    Dec 15, 2014. 10:48 PM | 8 Likes Like |Link to Comment
  • Chevron Corporation: Is Now The Right Time To Add To Your Position? [View article]
    I have been making some buys on XOM, CVX and COP. I set another group of buy prices that are a fair amount lower than current prices. If these stocks hit current yields that are significantly higher than the norm, I'll be plugging my nose and buying some more.

    I might be taking some paper losses by doing so, but looking out 5 or 10 years, I think the income is going to be most pleasant. Of course, this all assumes that I won't get taken to the cleaners by a dividend cut. Hopefully my faith in continued dividends is not misplaced.
    Dec 15, 2014. 07:59 PM | 7 Likes Like |Link to Comment
  • Retirement Strategy: Selling Exxon Mobil Goes Against The Grain Of A Dividend Growth Investor [View article]
    Hi kolpin:
    I have looked at both DEO and EMR. I am not overly excited about DEO and would reconsider if it dropped another $8 or so. For some reason, I also think the semi-annual/irregular dividend would annoy me :-).

    And speak of the devil.... I was looking at EMR earlier today. EMR seems to be getting dragged down with the price of oil. It's certainly a dependable dividend payer, though the dividend growth is rather volatile.

    I'm still giving it some thought, but part of me wants to agree with as10675. I would like to see it drop another $3. Don't know if that will happen, but I think that would be a preferable buy price. I may start buying in small lots, but at the least, I'll be watching.

    Steve
    Dec 12, 2014. 05:09 PM | Likes Like |Link to Comment
  • General Electric declares $0.23 dividend [View news story]
    Dang. I was hoping for upper single digits. Not quite there I guess.
    Dec 12, 2014. 12:02 PM | 3 Likes Like |Link to Comment
  • I Bought Chevron [View article]
    GeeZee:

    I've been buying decent chunks of CVX, along with XOM (and a little bit of COP). My last buy on CVX was at $109. My next buy mark is $97. I'm looking to collect dividends for the next few decades, so I hope you are correct.
    Dec 12, 2014. 11:58 AM | 2 Likes Like |Link to Comment
  • Retirement Strategy: Selling Exxon Mobil Goes Against The Grain Of A Dividend Growth Investor [View article]
    RS:
    Hmmm. Yeah.... good question. :-)
    Dec 12, 2014. 09:59 AM | 2 Likes Like |Link to Comment
  • Retirement Strategy: Selling Exxon Mobil Goes Against The Grain Of A Dividend Growth Investor [View article]
    Dave:
    I like your comment. Makes a lot of sense.

    I have recently purchased decent chunks of XOM, CVX and COP. I have my next buy point for XOM set at $82. I don't know if that will happen. My IRA rollover account is still about 85% cash, so I'm hoping it does. Right now, none of them is a "must buy" because I already did. They will however retain their "must own" status.

    I'm buying with at least a 10 year horizon in mind. I figure that if I keep averaging down with these energy giants, in 5 or 10 years I'm going to be quite happy with the income that's rolling in. Or, if I happen to be dead, my wife can visit my grave and tell me thanks for the cash.

    Steve
    Dec 11, 2014. 05:30 PM | 7 Likes Like |Link to Comment
  • AT&T: Dividend Increase Coming, Here's What To Expect [View article]
    6228371:
    I'll have to rule out Comcast for one simple reason. The current yield is only about half of my minimum requirement. If the stock drops below $40, I might take a look at it.

    I'll grant you that T isn't a growth stock by any stretch of the imagination. Being as I'm retired though, my focus is on income. T pays pretty well and I don't see the dividend going away anytime soon. If the price should drop, I don't have a problem buying into a 6% yield.
    Dec 10, 2014. 09:37 PM | 4 Likes Like |Link to Comment
  • AT&T: Dividend Increase Coming, Here's What To Expect [View article]
    There is no doubt in my mind that Comcast reeks in the area of customer service. That's often what happens when a company has a virtual monopoly. Hard to say if/when technology will advance to the point that it disturbs Comcast though.
    Dec 10, 2014. 09:29 PM | 1 Like Like |Link to Comment
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