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SteveTheHawk

SteveTheHawk
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  • Swap out Exxon for ConocoPhillips, Imperial Oil or Suncor, Barclays says [View news story]
    Well, let us hope that Barclays is correct. I would love to have XOM drop about $10 in price. I need some more in my portfolio.
    Jul 25 04:03 PM | 6 Likes Like |Link to Comment
  • Dividend Growth Investing: An Open Portfolio For Your Review [View article]
    I agree, Paul. I'm in the process of starting a DGI journal in the form of a blog. I'll talk percentages, but I still am not "ballsy" enough to talk about actual numbers. Maybe, someday.
    Jul 25 12:52 PM | Likes Like |Link to Comment
  • Dividend Growth Investing: An Open Portfolio For Your Review [View article]
    Chowder:
    I like the concept of being 100% invested in our DG portfolio. I'm trying to focus on restricting the vast majority of the portfolio to solid companies that can keep pumping out the dividends. I always reinvest dividends as they come in, regardless of the market conditions.

    My quandary is what to do with new money. I have a fair amount of it and the problem will be more pronounced when I roll my 401K to an IRA. In this market I would not be comfortable going all in. Market pundit I'm not, but out of caution I'll most likely DCA the 401K proceeds over the course of a year or two. That money represents a fair chunk of our net worth so I think a bit of caution is required. I'm also something of a scaredy-cat.

    Steve
    Jul 25 07:55 AM | 3 Likes Like |Link to Comment
  • Dividend Growth Investing: An Open Portfolio For Your Review [View article]
    Mike:
    I don't view DE as a potential core holding. As you say though, a little more diversification would be a good thing. I'm guessing that I would hold it at a 2 or 3% allocation. DE would provide income and I don't think the company is going out of business any time soon.

    They have some decent looking numbers, including a rising dividend and a low payout ratio. The stock was spanked badly in 2009, but they continued with the dividend increases. At quick glance, it seems a solid company.

    Steve
    Jul 25 07:41 AM | Likes Like |Link to Comment
  • Dividend Growth Investing: An Open Portfolio For Your Review [View article]
    Mike:
    If I decide to become involved with DE, it will be my first foray into the world of cyclicals. I instinctively get spooked by volatility so the roller coaster you mention would probably make me uneasy, though not as much as it used to.

    Since becoming involved with DGI a few years ago, I've been trying to reprogram myself to mostly ignore prices and focus on income and reasonable values. I don't know really if it's working in that no bear has shown its head since I started my DGI venture. I do think that I'm "ready" though.

    I may have to give DE some serious consideration. If it starts down one of the big hills it might be good training for a bear market :-).
    Jul 24 09:13 PM | 1 Like Like |Link to Comment
  • Dividend Growth Investing: An Open Portfolio For Your Review [View article]
    Dave,
    I'm hoping that my decision to buy TUP does not end in regret, but for this stock the current yield is quite high compared to the past. There may be a reason for it, but I'm gambling that the company will remain a reasonably good performer.

    Nice buy on CAT. I don't own DE but have been watching a little. The current P/E is considerably below the norm for this stock. I'm not overly comfortable with cyclicals in that I don't feel like I understand the best time to buy. I do think I get your meaning on buying when nobody wants it though.

    In the case of DE....
    Per FAST Graphs, the P/E is 10.1 and the normal P/E is 16.1. The current yield of 2.75% is a fair amount higher than the norm. S&P rates DE a sell. I'm beginning to think that DE is starting to qualify as a "nobody wants it" stock. Is that what you mean or am I missing something? Thanks.

    Steve
    Jul 24 02:41 PM | Likes Like |Link to Comment
  • Dividend Growth Investing: An Open Portfolio For Your Review [View article]
    Like Dave, I didn't think TUP looked all that horrible. I took an initial position today, so it's now about 2% of our dividend portfolio. It's a buy according to S&P and it looks pretty reasonable on FastGraphs. I like the dividend. I don't expect the DGR to continue at its current pace, but it seems like it will continue to satisfy the Chowder rule.
    Jul 24 12:25 PM | 1 Like Like |Link to Comment
  • Peltz’s efforts to shake up Pepsi gain backing of Calstrs [View news story]
    I always wonder what game these guys are playing when they go after companies like this. As a small shareholder I always somehow feel that whatever they are up to, it's not in my best interest.
    Jul 24 10:14 AM | 6 Likes Like |Link to Comment
  • Becoming Financially Independent With PepsiCo Dividends [View article]
    Sunny:
    I'm an MDI subscriber myself and enjoy the information presented. I'm trying to put together a backup investing plan for my DW. Something she can handle in the event of my demise.

    She doesn't want anything to do with looking at tables and charts of dividends, P/E and earnings. I'm thinking of using MDI as one option for her. She could simply mimic the portfolio(s) there.

    As to the financial adviser issue, I agree. I have yet to find one that understands dividend investing. Seems like they all want to get me into mutual funds or ETF's and call it good. Oh... and they want me to pay them before they will tell me that. Um, no thanks.
    Jul 24 09:36 AM | 3 Likes Like |Link to Comment
  • Dividend Growth Investing: An Open Portfolio For Your Review [View article]
    Great comment, DVK. The Crosetti, Chowder, Wells, RS portfolios are all followed on this end. Of course, yours is as well.
    Jul 23 04:55 PM | 4 Likes Like |Link to Comment
  • Becoming Financially Independent With PepsiCo Dividends [View article]
    I agree completely, Eli. Even if time isn't necessarily on your side, you could do worse than taking a DGI approach to investing. I was pushing 60 when I began a venture into DGI a few years ago. My DW and I had been putting money in Roth accounts since 1998 and sometime soon I'll be rolling my 401K into an IRA.

    We don't have an overly large balance in these accounts, but I'll tell you what..... after doing some income projections using even a 5% dividend growth rate, I've concluded that I can retire this year rather than wait until 2016. The dividend income, while not large at all, made the difference. Like you said, the important part is that you begin.

    And yeah.... PEP is one of our largest holdings. I can only fantasize about having 600,000 shares though. :-)
    Jul 22 01:50 PM | 8 Likes Like |Link to Comment
  • KFC, McDonald's Consumed By New Safety Scandal [View article]
    Hmm. It's getting there, at about $96/share as I write this. Going to have to start watching. Might just be a decent buy before long. Hoping for $95 or less.
    Jul 22 11:50 AM | 1 Like Like |Link to Comment
  • Coca-Cola - Operational Headwinds Continue, Investors Are Pushing Up Shares In Search For Yield [View article]
    Hi Dave:
    I'm with you on KO. It's about 8% of our div holdings. For that reason alone, I'm not anxious to buy more. That aside, I still wouldn't think of buying above $37 or so.

    Your description of watching paint dry is rather accurate. I just sits and waits for the next dividend. :-)

    Steve
    Jul 22 11:10 AM | 1 Like Like |Link to Comment
  • Coca-Cola - Operational Headwinds Continue, Investors Are Pushing Up Shares In Search For Yield [View article]
    I see that at that moment, KO shares are down about 3%. Even so, it's still a little pricey for my tastes, at $41/share. If it gets down in the $37-$38 range, I might be tempted to add a little, but wouldn't be overly anxious about buying unless it dropped below $36.

    KO is something of a sloth. Nothing exciting to see here. As a core holding I still like the stock and the steady dividends.
    Jul 22 09:46 AM | 1 Like Like |Link to Comment
  • KFC, McDonald's Consumed By New Safety Scandal [View article]
    If the "scandal" can push MCD down into the mid-90's, I'll be glad to pick up some more shares. So far, the market seems mostly unconcerned. No major drop in stock price has occurred.... dang it.
    Jul 22 06:40 AM | 3 Likes Like |Link to Comment
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