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rnsmth

rnsmth
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Latest comments  |  Highest rated
  • Kinder Morgan: Mega Merger Enhances Dividend Growth Story [View article]
    Well, KMP holders will get:

    KMP unitholders will receive 2.1931 KMI shares and $10.77 in cash for each KMP unit.

    The $10.77 in cash will cover the difference in dividends for nine and a half years.

    2.1931 shares*$2.00 = $4.3862

    $5.50 - $4.3682 = $1.1138

    $10.77 / $1.1138 = 9.7 years

    But, it will be longer than that, given 10% annual increases for each of the next 5 years after the 16% dividend increase.

    Hope that makes you feel better
    Aug 11 09:04 AM | 9 Likes Like |Link to Comment
  • Cutting My Dividends By 35% - Improving My Dividend Growth Portfolio [View article]
    <<Each investor should ask the question, "am i beating the market by 1-2% per year? If not... >>

    No, each investor should not ask that. Each investor should ask if they are meeting their goals. For some the goals are dividend income and the growth of dividend income.

    You probably have selected the wrong metric for some of us. Use it for yourself if you wish to, sell it to your clients if they will buy it, but don't put it out there as a universal metric for all investors.
    Jun 23 09:22 PM | 9 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
  • Requiem For Fallen Dividend Aristocrats [View article]
    So, if we have another Great Recession that is worse than anything since the Great Depression, some dividend growth investors may not do well. Folks are chasing yield in companies whose core business is losing relevance (Pitney Bowes, for example), and do not heed the many warning signs, they may have have a bit of trouble with that position.

    Fair enough. It is also the case that some dividend growth investors saw their dividend income increase in 2007, 2008 and 2009.
    Mar 30 08:36 AM | 9 Likes Like |Link to Comment
  • Retired Investors: Is It Time To Consider A New Investment Strategy? [View article]
    DVK,

    I was on a plane ride from the left coast to the midwest in early June. My seatmate noticed I was reading The Single Best Investment on my iPad. She asked me:

    Do you know about the 40 Best Dividend Stocks for 2013 :)

    I told her I did. Then she asked me if I knew about SeekingAlpha
    Jun 30 11:39 AM | 9 Likes Like |Link to Comment
  • Apple's Magic Is Broken [View article]
    Samsung does not report units sold. You are guessing.
    May 19 02:49 PM | 9 Likes Like |Link to Comment
  • Larry Swedroe Positions For 2013: Resist The Temptation To Stretch For Yield [View article]
    Merry Christmas,

    I paid attention to what you said about folks chasing yield. I do not know how you define high-yield, but you mentioned valuation concerns

    So this article sent me scrambling to my dividend stock portfolio. It is a small one, with only 21 positions. It includes a couple of MLPs, a couple of REITS, a couple of integrated oil companies, a couple of utilities, and some of the usual dividend growth suspects - WAG, JNJ, MCD, PG, a couple of Canadian banks, a Canadian telecom, some new payers with very low P/E ratios like AAPL. The dividend yield for this income part of our portfolio is 4.6%. I suspect that may fall into the definition of high yield.

    The median forward P/E is 12.8. I do not see the valuation concern, but I do know that some folks probably do chase yield without consideration for valuation.
    Dec 25 10:00 AM | 9 Likes Like |Link to Comment
  • 'Overdue' Dividend Increases (And Other Streaks At Risk) [View article]
    I appreciate your work, David, and have used the CCC list in my journey into dividend growth investing.

    I look at dividend increases in the company's home currencies. Corporate intent is important to me, and if a company is increasing its dividend, even though I may lose some temporarily on the exchange rate, I will tend to continue holding. In other words, for my portfolio management purposes I do not treat a change in exchange rate alone as a reason to sell a company.

    For now those companies include BCE, RCI, UL, BMO and BNS.
    Sep 23 11:23 PM | 8 Likes Like |Link to Comment
  • Is The Bear About To Maul The Bull? Here's How We're Investing [View article]
    Well, the economy seems to be improving. The Fed continues to decrease its purchases by 10 billion a month and the sky has not fallen. I own many of the stocks that Mike listed (but not all), and I reinvest the dividends. If anyone had told me I would continue to invest thousands of dollars a year after retirement (which happened this past November), I would have told them they were crazy.

    If anyone had told me before last year that I would look forward to a 10-20-30% drop in stock prices while continuing to hold the declining shares, I would have told them they were crazy x 2. Yet, here I am. Maybe I am the crazy one, but I think the net result would be a larger increase in income over what it would be absent the significant declines in share prices.

    My strategy is the same in up markets, down markets and sideways markets. We'll see if I still say that when it gets put to the test. I'm betting I will.

    Buy and monitor, sell and replace and occasionally wash the pants with magic pockets.
    Jun 18 09:12 PM | 8 Likes Like |Link to Comment
  • Southern Company - Another Dividend Hike, But Is There Really Much Appeal Besides Dividends? [View article]
    Since the start of 2006, according to FAST Graphs, SO has had an annual return of 7.9% (reinvesting dividends).

    D's is a bit over 11%, WEC's is 14.5%, ED's is 7.4%, AVA 11.2%, LNT 13.5%.

    Those years include the Great Recession.

    That is significantly better than losing.

    I suggest you check the data before making statements like:

    "Anyone holding utilities for 10+ yrs is going to lose. "
    May 5 09:37 AM | 8 Likes Like |Link to Comment
  • With All That Cash, Who Will Apple Buy Next? [View article]
    Apple will spend more acquiring itself than on any other acquisition. It is well withing their core competences to know that their shares are undervalued
    Apr 24 01:48 PM | 8 Likes Like |Link to Comment
  • Dividend Growth Investing 'Is' Total Return Investing [View article]
    <<Ron -- To date, I have assumed yourself to be of average intelligence.>>

    This is part of your posting style that really turns people off. I would encourage you to stop with the passive-aggressive insults and be more straight-forward in your responses.

    My answer was straight-forward and reflects my experience in reading and communicating with dividend growth investors. I was not baiting you. I am sorry that your frame of mind is such that you thought you were being baited.

    You can certainly say that your experience is different than mine in a more parsimonious and harmonious manner.
    Jan 1 02:26 PM | 8 Likes Like |Link to Comment
  • Misguided Interest In Dividend Paying Stocks [View article]
    No they are not in the same position.

    A still owns all their shares, which are more than likely appreciating in value.

    B does not own all their shares, having sold a shares.

    For your hypothesis to be correct, dividend stocks would have to continuously lose share price. Instead most of mine have appreciated in share price, in addition to the dividends they have paid me.

    You are too smart, I suspect, to continue to make these inaccurate statements. Usually such a tendency indicates an ideological belief system that seeks or highlights only those facts that only support their ideology.

    Among us scholars in peer-reviewed areas, we refer to that as weak-sense critical thinking skills.
    Dec 17 09:41 AM | 8 Likes Like |Link to Comment
  • What's Your (Dividend Growth) Number? [View article]
    I do not understand some of what you [AlanInTempe] write(s). I am glad that I do not need to in order to meet my goals. I have never had a clear idea of what people mean when they write about alpha.

    I do understand what people mean when they write about a reliable and increasing income stream from investing in financially strong companies that have a habit of increasing dividends each year.

    I do understand what people mean when they write about selling a position when those habits changes.

    I need it simple and simple seems to be working all right.
    Nov 2 06:27 PM | 8 Likes Like |Link to Comment
  • General Electric: A Comment On A Lifetime Investment [View article]
    There are people I know who will never again consider GE due to Jeff Immelt's outright lie about the safety of the dividend shortly before the cut was announced. I understand that.

    I bought GE in December 2012 and the total return so far for my position is just a hair under 10% at the close of the day today. I am fine with holding it and reinvesting dividends here.
    Oct 4 09:07 PM | 8 Likes Like |Link to Comment
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