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  • Johnson & Johnson Hasn't Been This Expensive In Years [View article]
    Though I have no extensive experience as a DG investor, I tend to agree. I have a big percentage of our holdings in cash. I want more dividends so badly that I can almost smell them (either that or I need a shower, but whatever). We have held JNJ for about 8 years and have been pleased. It's about 9% of our div portfolio, so I guess we don't need more anyway.

    So far, I have managed to restrain myself from buying merely for the sake of more dividends. Unless the market corrects significantly, the only purchases will be the result of dividend reinvestment. I have also learned that I very much dislike being patient.
    Jun 5, 2014. 10:38 AM | 3 Likes Like |Link to Comment
  • The All-Aristocrat Team: Dividend Stocks You Can Trust In An Uncertain Market (Part 3) [View article]
    To be fair, the author does mention the need to pay close attention to valuation, and that good companies can trade at bad prices. I think the articles are very informative, even without the author's personal opinion on valuation.

    At the least, the article can help one establish a watch/research list.
    Jun 5, 2014. 10:31 AM | 1 Like Like |Link to Comment
  • McDonald's Is A Buy For Dividend Investors [View article]
    I think that MCD is currently a bit expensive. As an overall DG investment though, it seems pretty solid. I tend to ignore those that criticize their food or the poor nutrition value. Tastes and nutrition value are always a personal choice and must be kept separate from evaluating an investment.

    I am long MCD and would like to own a little more. Just waiting for a better price.
    Jun 4, 2014. 09:58 AM | 4 Likes Like |Link to Comment
  • My Dividend Growth Portfolio's 6th Birthday Report [View article]
    Indeed. I don't use YOC in evaluating a stock buy or sell. Since I invest for dividend growth though, I like the number available. It just gives me a warm fuzzy feeling when I see the number going up.
    Jun 4, 2014. 09:47 AM | 2 Likes Like |Link to Comment
  • DIY Dividend Investors Club (Part 1): Is It Possible To Build A Portfolio In This Market? [View article]
    Yup, I'm aware of HAS' situation as well. Mostly, I was just trying to avoid an overweight in that sector. Also, at this time and in the current market, I'm only adding Aristocrat type stocks. No blemishes over the last decade or so, etc. That's why I'm watching IBM. Might consider MSFT at some point, but overall I'm moving slowly. Just can't get excited about much right now.

    Jun 3, 2014. 03:21 PM | 1 Like Like |Link to Comment
  • DIY Dividend Investors Club (Part 1): Is It Possible To Build A Portfolio In This Market? [View article]
    I truly wish that I had some ideas. I'm finding the pickings to be sparse these days. I have a few stocks that I'm watching, with TGT and IBM being among them. Part of my problem is that I'm still a relative newbie to DGI, with only a couple years under my belt. My screening skills are not well honed by any means.

    I'm reading articles like this one to help further my search for our next purchase. TGT is 3% of our portfolio, being held at a 10% paper loss. No holding in IBM or MAT. With TGT, I am thinking of adding a little more, but also feel like I don't need to rush into it.

    My next choice of the three would IBM. MAT has a better yield by far. However, it also has a dividend cut and a couple missed increases in the last decade or so. On top of that, HAS is already in our portfolio but tech stocks are noticeably absent. So, I'm leaning toward creeping slowly into some IBM stock.

    I appreciate the article and the information presented.
    Jun 3, 2014. 01:35 PM | 5 Likes Like |Link to Comment
  • DIY Dividend Investors Club (Part 1): Is It Possible To Build A Portfolio In This Market? [View article]
    I view all of your questions as being very worthwhile. I have to say though that coverage of these questions would create one very long article (small book?). I'm not sure I would have time to read all of it in one sitting :-).

    From my perspective, I'm glad that the author wrote to a specific audience... that being dividend growth investors. If we stray off and start up the old debate of dividends / no dividends, the point of the article would be completely lost. Just my .02.
    Jun 3, 2014. 10:27 AM | 11 Likes Like |Link to Comment
  • Wal-Mart Slammed By Institutional Shareholders Services, Time To Sell [View article]
    Agreed. And I'm still waiting for something to drive the price down. I fantasize about buying WMT at a 3%+ yield. May not ever happen, but it's nice to dream.
    Jun 2, 2014. 12:22 PM | Likes Like |Link to Comment
  • My Dividend Growth Portfolio's 6th Birthday Report [View article]
    Great article, DVK. I appreciate the sharing of your thought processes. I'm still trying to establish a solid constitution that I'm comfortable with, but much of what I have to date coincides with yours.
    Jun 1, 2014. 09:13 AM | 1 Like Like |Link to Comment
  • Retirees Please Don't Index, You Deserve Better Than Average [View article]
    NOBL may or may not be a reasonable option. It's a very new fund. I might keep my eye on it just to examine what kind of yield they provide and how much they rake in off the top.

    I'm always keeping my eye out for a decent dividend ETF as part of my backup plan for my DW in the event that something happens to me. Hard to say if NOBL will make the grade but I'll be adding it to my list of possibilities. Thanks for the heads up, Dale.
    May 29, 2014. 07:58 PM | 1 Like Like |Link to Comment
  • Walgreen: Great Company, Terrible Price [View article]
    As a DG investor, I did finally sell WAG when it dropped below a 2% current yield. I do like the company, but trying to build my income stream is my first priority. I had a 100% gain on the stock. If I had held a bit longer, my gains would have been even better so I guess my timing was off a little. Still, by selling I almost doubled the income on that money.

    I hope to see WAG come back to a reasonable yield some day. I wouldn't have a problem buying back in if all else remains solid.
    May 29, 2014. 01:53 PM | Likes Like |Link to Comment
  • Philip Morris: Is It Time To Buy? [View article]
    Hi mjs:
    Yes, a huge return could have resulted if one began investing 2008/2009. I still invest dividend money as it becomes available (DCA-like) but am holding about a 20% cash position in our Roth accounts (all DG stocks) that I won't be using until I can find some better values.

    Fear isn't steering my ship, but I still want decent valuations and that seems a bit sparse these days. My biggest source of cash, my 401K, was not available to me in 2009 for DGI purposes. I plan to retire within the next year. I'll be rolling my 401K (all mutual funds) into an IRA and plan to use it for DGI. This will more than double our DG holdings. That in particular is why I'm hoping for a decent correction sometime soon.

    I don't know what stage of life you are in, but the fact that I'm so close to retirement makes me more concerned about valuation than I used to be.

    Finally, when I said that I didn't want to see another 2008, I wasn't talking specifically about stock prices. Mostly, I would prefer to avoid the financial calamities that came along with it. Housing values cratering, people losing their jobs and their homes, government bailouts, etc.

    On the other side of the coin, I would definitely love to buy me some more KO @ $20 and PG @ $50. I didn't start looking at DGI until 2011, but if I had been there in 2009, I'm confident that I would have been buying the stalwarts.
    May 26, 2014. 04:04 PM | 1 Like Like |Link to Comment
  • Philip Morris: Is It Time To Buy? [View article]
    If we knew that, we'd all be rich.

    Hard to say what will cause the herd to panic and run. I'm hoping that something spooks them soon though. I have money waiting on the sidelines that I want invested. I don't want another 2008, but a 20% drop would be nice.
    May 26, 2014. 11:23 AM | 3 Likes Like |Link to Comment
  • Is Sysco Heading In The Right Direction? [View article]
    I held SYY for a little over two years at a price of $26. The dividend was reasonable. As others have noted though, the DGR is less than exciting. Back in December the stock spiked to over $42, so I sold on the assumption that it would drop again.

    I had contemplated moving back in but have changed my mind. The low DGR is my main concern, so I put the money into a higher DGR stock. I also want to watch for a while as they integrate with US Foods. If it goes well and the DGR picks up speed a bit, I might give it another go.
    May 26, 2014. 09:59 AM | 1 Like Like |Link to Comment
  • Philip Morris: Is It Time To Buy? [View article]
    Yeah. Seems like most everything is too pricey right now. PM is about 5% of our div holdings and we don't plan to add for a while. We only bought it last year though. Guess we have a ways to go before we reach that 44 year mark.
    May 26, 2014. 08:46 AM | 1 Like Like |Link to Comment