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rnsmth

rnsmth
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  • Do Dividends Lower Stock Prices? Part II [View article]
    Good to see you richjoy
    May 29 06:58 PM | 3 Likes Like |Link to Comment
  • Do Dividends Lower Stock Prices? Part II [View article]
    No, they will not be shortchanging themselves. They will be using their share of the company's earnings for their own purposes.
    May 29 06:56 PM | 1 Like Like |Link to Comment
  • Do Dividends Lower Stock Prices? Part II [View article]
    What an objectionable response, Larry. You can do better.
    May 28 10:04 PM | 1 Like Like |Link to Comment
  • Do Dividends Lower Stock Prices? Part II [View article]
    <<Doesn't make Larry (or you) "wrong". >>

    It is objectionable to bring this in, when it had nothing to do with my post you were responding to. I did not assert that Larry was wrong, nor did I assert that I was right. You came up with that all on your own :-).
    May 28 01:35 PM | 3 Likes Like |Link to Comment
  • Do Dividends Lower Stock Prices? Part II [View article]
    In an environment in which investors are looking for yield, given the low yield of traditional debt instruments, dividends could create more demand for the shares of companies that have sustainable and increasing dividend payments.

    If one assumes a static number of shares available, this increased demand could be hypothesized to increase the demand for shares of quality dividend paying companies - hence increasing their price. The assumption of a static number of shares would be incorrect, though, given the increase in corporate funds being dedicated to share buybacks.

    It appears you may need to give your facile question a bit more thought, Mr. dnorm. I am confident you can arrive at an answer.
    May 28 01:23 PM | 1 Like Like |Link to Comment
  • Seadrill: Cash Flow Doesn't Support Dividend [View article]
    I own a SDRL position. It is 1% of our portfolio. I owned it last year and sold it @ $46 because it had become too high a percentage of our income.

    After a significant drop, I bought the current position at $36.20 in February. It is a speculative position that I intend to keep holding for now.
    May 28 12:11 PM | 1 Like Like |Link to Comment
  • Do Dividends Lower Stock Prices? Part II [View article]
    I know there is one study comparing dividend initiators and growers with others.
    May 28 11:34 AM | 1 Like Like |Link to Comment
  • Do Dividends Lower Stock Prices? Part II [View article]
    <<When one has internalized the belief that dividends = free money, mere facts will not overcome it.>>

    Who believes that? I am a dividend growth investor and I do not believe that. I do know that the dividends are earnings that the companies I own share with me. I also know that they are retaining enough earnings to keep investing in the company so that they can continue to grow our earnings.

    If they are not growing earnings consistently I do not partner with them for long.
    May 28 11:18 AM | 7 Likes Like |Link to Comment
  • Do Dividends Lower Stock Prices? Part II [View article]
    No, it is not.

    It is like talking to people who are basing their statements on observable facts rather than the results of more esoteric multiple regression analyses, that can show relationships - strong ones even - but that do not establish causal relationships in the scientific sense.
    May 28 10:12 AM | 6 Likes Like |Link to Comment
  • Are Any High Quality Companies Decently Valued At The Moment? [View article]
    I do not own any companies that have zero dividend growth.

    Must be a zealot, eh? :-)
    May 28 08:26 AM | Likes Like |Link to Comment
  • Do Dividends Lower Stock Prices? Part II [View article]
    I know some things.

    I know that my dividend income is increasing each quarter

    I know that the number of shares I own is going up each quarter due to dividend reinvestment

    I know that I am not paying any commissions on those new share purchases

    I know that I am experiencing excellent share price appreciation

    I know that the total returns I am achieving exceed my goals

    I know that I am not selling any shares

    I know that I am not paying any commissions or management fees to mutual fund or ETF firms

    That is on the income growth side of the house, which is 96% of our portfolios

    These are all facts, they are not hypotheses or theories.

    P.S. The growth side is doing all right as well, see AAPL Jan 2015 $600 calls.
    May 28 08:21 AM | 9 Likes Like |Link to Comment
  • Dividend Growth Investing: Retiring On Dividend Income (Part 2) [View article]
    Aka, I understand that and I think you provide a service by doing so. I just think it requires far too much risk to get there - even with steady dividend growers like APU and SDRL. Some people like BDCs and mREITS. I stay away from them :)
    May 27 10:17 AM | 2 Likes Like |Link to Comment
  • Dividend Growth Investing: Retiring On Dividend Income (Part 2) [View article]
    It is a function of more variables than that. That is part of the income side story - but there are also, for many, some pension income, some part-time work income, etc.

    There is also the expense-side variables, and those are sometimes more under the control of the individual than the income side variables.

    I do not think one can easily achieve 7-8% current yield rates without "chasing yield" or taking on excessive risk. I would advise controlling expenses and/or trying to take on a part-time job if there is an imbalance between income needed and expenses. Another alternative is to sell as few assets as possible to make up the difference.
    May 27 10:01 AM | 5 Likes Like |Link to Comment
  • Dividend Growth Investing: Retiring On Dividend Income (Part 2) [View article]
    <<These individuals have to increase their risk tolerance and seek overall portfolio yields in the 7 - 8% range. >>

    No we don't.
    May 27 09:39 AM | 2 Likes Like |Link to Comment
  • Johnson & Johnson Dividend Stock Analysis [View article]
    Morningstar assigns JNJ a fair value of $99 a share. I added to my position in early December at a cost of 94.48 and will continue reinvesting the dividends back into JNJ. It is a core position in my 30+ position portfolio.
    May 27 06:54 AM | 4 Likes Like |Link to Comment
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