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SteveTheHawk

SteveTheHawk
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Latest comments  |  Highest rated
  • PepsiCo declares $0.7025 dividend [View news story]
    They may have wanted to hit the 7% mark with their increase. On an annual basis it works out to $2.81, so no fractional cent there. It's all good.
    May 5, 2015. 06:41 PM | 1 Like Like |Link to Comment
  • PepsiCo declares $0.7025 dividend [View news story]
    Nice increase. Thanks, PepsiCo... I'll take it. And yeah, forward yield is NOT .74%. If it was, I wouldn't be holding the stock. :-)
    May 5, 2015. 05:55 PM | 6 Likes Like |Link to Comment
  • Why Procter & Gamble Could Be A 'Better' Choice Than Colgate-Palmolive [View article]
    I often have to remind myself that I'm an old coot retiree. Once I refresh my memory on that fact, I tend to almost always side with the dividend that is larger when there is a choice to be made (all other things being equal).

    In general I look at it in the same way that I view the choice of when to draw SS. I am drawing at 62. Using SS estimates, my break even point with a FRA income occurs at about age 78. Only AFTER that age do I have a chance to reap any further benefit. That doesn't even consider what kind of dividend income I can generate with that money for the first 4 years (and beyond). It does however consider the fact that I might very well be dead before age 78, meaning my wife would see no further benefit from my SS.

    To be sure, there are many variables and possibilities and we all have to make our best guesses. Because of my age, I lean toward a bird in the hand philosophy. I'll take the money and try to put it to good use rather than wait for x number of years in hopes of seeing an increased benefit.

    No holdings in CL, long PG but holding off on further purchases.

    Steve
    May 5, 2015. 04:12 PM | Likes Like |Link to Comment
  • Not Your Father's Microsoft [View article]
    I also bought at the recent 3% yield and now wish I had purchased more. It is but 1.5% of our portfolio. I wanted to make it 3%, but it got away from me. Now comes more waiting.

    I agree on the products from MSFT. Looking forward to observing how WIN 10 pans out. I can see myself buying a Surface tablet at some point (but not with WIN 8 on it). I'll also likely end up buying Office 365 when it comes time to upgrade. I've been using OneDrive for a couple years. I think it needs some improvements in syncing features and it definitely needs to store data in encrypted format. Outside of that, I love it.
    May 5, 2015. 12:21 PM | 3 Likes Like |Link to Comment
  • HCP: A High-Yield REIT Play On Healthcare [View article]
    Oh, yeah.... forgot to say.... a TIRA is always taxed as ordinary income when the money is distributed, rather than being taxed when earned.
    May 4, 2015. 07:26 PM | 1 Like Like |Link to Comment
  • HCP: A High-Yield REIT Play On Healthcare [View article]
    REIT income is generally taxed as ordinary income, so the ROTH is a better idea. Qualified dividends (like JNJ, KO, etc) are taxed at 15% in a taxable account.
    May 4, 2015. 07:22 PM | Likes Like |Link to Comment
  • HCP: A High-Yield REIT Play On Healthcare [View article]
    HCP is a div champ, no doubt. It carries about 2.5% NAV weight for me. Still, I feel like the HCR issue may create an overhang that stifles dividend growth. Then again, it may not. Add to that the fact that I think most REIT stocks are too expensive, it makes me unsettled enough to avoid adding right now.
    May 4, 2015. 06:40 PM | 2 Likes Like |Link to Comment
  • My First Quarter 2015 Portfolio Review [View article]
    Bob,

    Not only do you write excellent articles, but you have now added the bonus of rhyming poetry. Very nice. :-)

    Steve
    May 4, 2015. 10:42 AM | Likes Like |Link to Comment
  • My First Quarter 2015 Portfolio Review [View article]
    I agree completely, Bob. Very well said.

    I went into retirement with a decent, but not huge, amount of money set aside. I've been working to turn that into a DG portfolio. It will never generate enough money to provide for all our expenses, but we don't need it to.

    We have pensions (and soon,SS) as the foundation of our income. I like to view dividend income as "gravy". A nice enhancement that will allow for spending money on things we couldn't otherwise afford. DG income is also a better bet than pensions/SS for offsetting the effects of inflation.

    Steve
    May 2, 2015. 07:15 PM | 5 Likes Like |Link to Comment
  • Mr. Market Is Trying To Send Us A Message About Omega Healthcare [View article]
    Rich,
    The paragraphs on horses belong in a "memorable quotes from SA" archive. Love it.
    May 2, 2015. 06:19 PM | Likes Like |Link to Comment
  • No Need To Freak Out About Chevron's 'Frozen' Dividend [View article]
    So in short, you are saying "remain calm and collect the dividends". I agree with that. I have a hard time believing that CVX will let their Aristocrat status go down the tubes.

    I'm reasonably content to collect on the current dividend and will just wait for the next bump. If I sold, I would need to find another income producer with a price that I like. Not an easy task these days.
    May 1, 2015. 09:20 AM | 6 Likes Like |Link to Comment
  • Johnson & Johnson: This Is My Favorite Healthcare Dividend Stock [View article]
    TF17,

    My thoughts exactly.
    May 1, 2015. 09:13 AM | Likes Like |Link to Comment
  • Hope Is Not A Strategy, Before Investing Have A Precise Calculation Of Return In Mind [View article]
    I did the same with JNJ. It's now weighted at about 8% NAV. Like you, I'm not concerned much about future regret with this company. I want most of our portfolio to be of the uber-dependable caliber. JNJ seems to fit in that category quite well.

    Steve
    May 1, 2015. 09:11 AM | Likes Like |Link to Comment
  • Hope Is Not A Strategy, Before Investing Have A Precise Calculation Of Return In Mind [View article]
    I agree, uncle. Seems like every time I read an article from Chuck, I learn a bit more about FAST Graphs. Makes me glad to be a subscriber.
    May 1, 2015. 08:24 AM | 4 Likes Like |Link to Comment
  • Procter & Gamble: Bearish Bias Confirmed By Q3 [View article]
    M* released a new analyst report on PG about 5 days ago. They give it 4 stars with a FV of $90. Still, they cite many of the same concerns as your article. I tend to agree with you that things are less than rosy with PG, but I don't see it as a total disaster either.

    PG is currently about 4% NAV weight for me. I'm not inclined to take it higher at this point. If it drops into the mid-70's, I'll take another look though. That would put the current yield at its all time high. That would be offset by the likelihood of muted dividend growth for a while. I'm surprised that the market in general hasn't punished the stock more than it has. Perhaps just the fact that it's the "legendary" PG is providing some support for the stock price. I'll be watching from the cheap seats for now.

    Steve
    Apr 28, 2015. 03:27 PM | Likes Like |Link to Comment
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