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The Rebel

The Rebel
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AAPL, ANF, ARCP, AZN, BA, BAC, BTU, CLMT, DDD, DRI, FCX, HAS, IVV, JNJ, K, KMI, KO, LINE, LMT, LNCO, LO, MCD, MO, NLY, O, OHI, PEP, PFE, PG, PM, S, SDRL, SO, SPY, T, VNQ, VOD, VZ, WMT
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  • New Dividend Challengers Should Carry Warning Labels: "Caution! Not Recession Tested!" [View article]
    Thanks, ConArtist. That may be his point, but if he does only a cursory examination of his examples to prove a point, then he is doing a disservice to those thinking of investing in either of those two stocks. Based on his comments of SDRL cutting their dividend 26%, most people would shy away from this stock, not knowing the circumstances that led to the cut. Also, there was the failure to show the post recession appreciation and dividend history. I'm not saying there was a bias here, but it does make one think.
    Aug 22 11:42 PM | Likes Like |Link to Comment
  • New Dividend Challengers Should Carry Warning Labels: "Caution! Not Recession Tested!" [View article]
    As with all stock analysis, one must look at the details and not just the headlines. In the case of SDRL, they initiated dividends with the 4th quarter of 2007 at .25/share. They increased the dividend to .60/share for the 1st and 2nd quarters of 2008, and also paid an extraordinary dividend of .30/share in that 2nd quarter. No dividends were paid in the 3rd and 4th quarters, or the 1st and 2nd quarters of 2009. The reduced dividend of .50/share was paid in the 3rd quarter and .55/share in the 4th quarter of 2009.

    Four points here. First, SDRL had started to pay dividends just prior to the recession, so there was no guarantee of receiving a dividend every quarter. Second, since it was new to the dividend game, it may have raised it a bit too much going from .25 for the initial dividend to .60 for the 2nd quarterly dividend. Third, had they not paid the .30 extraordinary dividend, those funds would have been available for the next two quarterly payments and there would have been no reduced dividend in 2009. And fourth, since the 3rd quarter of 2009, SDRL had paid a dividend every quarter with no reductions and with many quarterly increases.

    And for the record, since the so-called beginning of the bull market on March 8, 2009, SDRL is up 462% vs 277% for HSY. Dividends paid per share since then show SDRL with $15.08/share vs HSY with $7.89/share.

    Long SDRL.
    Aug 22 11:12 PM | 1 Like Like |Link to Comment
  • 25 Dividend Champion Investment Opportunities: Something For Every Retired Investor, Part 1 [View article]
    Thanks, Chuck. I do own it at an ave. cost of a little over 32, and dividend income is my objective. So I'll just continue to hold. I just question fair value being 25-30, as that would put it back to 2010-2011 levels. The company has increased earnings and dividends for 3-4 years since then.
    Aug 22 03:37 PM | Likes Like |Link to Comment
  • American Realty Capital Properties: A Good Value That Is Gaining Strength [View article]
    I also doubt anything will come of it, especially since the former CEO is a good friend of the President.
    Aug 22 03:25 PM | 1 Like Like |Link to Comment
  • American Realty Capital Properties: A Good Value That Is Gaining Strength [View article]
    If Red Lobster needs a reduction in complimentary meals to help turn the business around, then they obviously have much bigger problems that would allow that to be a significant part of their cost structure.
    Aug 21 11:56 PM | 8 Likes Like |Link to Comment
  • 25 Dividend Champion Investment Opportunities: Something For Every Retired Investor, Part 1 [View article]
    Chuck- National Retail Properties (NYSE:NNN) became a Dividend Champion this month. Was this company considered in your analysis, and if it wasn't, is it near fair value?
    Aug 21 07:52 PM | 1 Like Like |Link to Comment
  • Should You Buy American Realty Capital Properties Instead Of Realty Income? [View article]
    I don't think Brad Thomas would have taken positions in ARCP if he thought the dividend was not sustainable. I trust his judgement. If he bails, then we will know why.
    Aug 20 10:18 AM | 5 Likes Like |Link to Comment
  • Time to sell drillers as Petrobras cuts rig rates, analyst says [View news story]
    Exactly right! I would be a seller of PBR based on this news.
    Aug 19 07:38 PM | 2 Likes Like |Link to Comment
  • The Characteristics Of The Highest-Yielding Dividend Champions [View article]
    What happened to MCY today? It was down 4% on a lack of news. Maybe all the recent floods with thousands of cars underwater will be affecting their earnings this quarter.
    Aug 18 11:58 PM | Likes Like |Link to Comment
  • The War Sprint Can't Afford [View article]
    Let's not forget that WB took a sizable stake in VZ this year, and is not about to let some foreign upstart put the squeeze on him or his investment. Warren has deep pockets, too, if that is your wont.
    Aug 18 07:58 PM | Likes Like |Link to Comment
  • Freeport-McMoRan Can Still Deliver More Upside [View article]
    You give great reasoning and support for investing in FCX. Today, Stifel downgraded it to hold with poor reasoning, including worrying about what will happen after 2021, over 7 years from now, with their Indonesian mine ownership and permitting. Please!
    Aug 14 12:22 PM | 1 Like Like |Link to Comment
  • Update: Seadrill Big Winner In Mexican Energy Deregulation [View article]
    As usual, Anthony, a very informative article. Contrast this with the negative article put out today by another author saying that offshore drillers will struggle over the next few years.
    Aug 14 11:59 AM | 1 Like Like |Link to Comment
  • These Offshore Drillers Will Struggle Over The Next Few Years [View article]
    I notice that the author has edited the article to remove the MLP reference, but no reply was made saying he had done so. For the record, this is the original text:

    "That being said, North Atlantic was spun off from Seadrill earlier this year. Seadrill picked a selection of rigs to drop down into the company, formed as an MLP due to their long contracts and high utilization rates. Rowan has the largest fleet with the highest utilization at present."

    It wouldn't be asking a lot for a little transparency from this author.
    Aug 14 11:49 AM | 2 Likes Like |Link to Comment
  • Lockheed Martin: Defending Income Investors [View article]
    Been long LMT since $87, but would not buy at these levels.
    Aug 14 11:05 AM | 3 Likes Like |Link to Comment
  • These Offshore Drillers Will Struggle Over The Next Few Years [View article]
    If this author doesn't know that NADL is not an MLP, then further reading is not recommended.
    Aug 14 10:49 AM | 4 Likes Like |Link to Comment
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