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wayneq

wayneq
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  • PIMCO High Income Fund: Sell This Overpriced CEF Before It's Too Late [View article]
    Never saw that PHK switched all or part into Muni's. Could you provide a site I could go to to read that info? Thanks
    Feb 5, 2015. 01:16 PM | Likes Like |Link to Comment
  • PIMCO High Income Fund: Sell This Overpriced CEF Before It's Too Late [View article]
    The only reason for the drop was the talk/wish that the FED would raise rates. Yellon keeps shutting that down so it has recovered a bit. Hard to believe the ROC for all of 2014 dividends was just under 12 cents per share. Those guys at Pimco are doing something right.
    Feb 5, 2015. 01:11 PM | 1 Like Like |Link to Comment
  • Vector Group's 7.6% Yield Isn't What It Seems [View article]
    A large part of each years dividend is a return of capital, 60-75% depending on the year. If you hold in a taxable account it requires you to file an amended Fed and/or State tax return late in the year since they don't publish the ROC until September for the prior year.
    Can be a hassle but the return is still tempting!
    Jan 9, 2015. 01:03 PM | Likes Like |Link to Comment
  • Why Is The Price Of Gold Falling? [View article]
    Inflation won't show up if the Gov't continues to play games with the numbers. Real inflation is in the 6-7% range for the items/bills that are needed to live. My taxes, insurances, utilities, services are all increasing at 5% plus every year. The only items not increasing are those you don't need to buy new every month or year to live, ie cars, houses, appliances, etc.
    Sep 19, 2014. 02:45 PM | 2 Likes Like |Link to Comment
  • Mondelez hires Accenture to help it slash costs [View news story]
    Yes the first staff reduction should be Irene Rosenfeld! She did such a poor job at Kraft, I was glad to see her leave/move to MDLZ but she should have been given the boot!
    Feb 19, 2014. 12:39 PM | Likes Like |Link to Comment
  • Jobless Claims up 8K to 339K [View news story]
    But that will only be due to the bad weather!
    Feb 13, 2014. 02:42 PM | Likes Like |Link to Comment
  • Mondel─ôz International, Inc. misses by $0.02, misses on revenue [View news story]
    Yes, Irene was terrible while in charge of Kraft and her poor ability to lead /direct is continuing at Mondelez. I agree that her compensation should be based on the company's performance and she should be given walking papers.
    Feb 12, 2014. 04:35 PM | 1 Like Like |Link to Comment
  • Italy gets busy taxing e-cigarette sales [View news story]
    They won't ban them, they want/need the money!
    Jan 3, 2014. 03:51 PM | Likes Like |Link to Comment
  • Italy gets busy taxing e-cigarette sales [View news story]
    Because they don't care for anything but the money!
    Jan 3, 2014. 03:49 PM | Likes Like |Link to Comment
  • CEF Premiums: Getting All The Risk, But Only Some Of The Reward [View article]
    Drdata, you are totally correct on PHK. Several of the past years part of the distribution has been classified return of capital so income tax on delayed until selling the shares. If you hold long term you get the lower tax rate! Have bought and sold PGP and PHK over the last five years, made a great gain with a wonderful dividend. Who could ask for more!
    Dec 31, 2013. 12:45 PM | Likes Like |Link to Comment
  • Altria Group: A Solid 4.90% Yield With Future Upside Catalysts [View article]
    Nice article and I agree that MO is a great stock, but for the record in 1997-98 the dividend was maintained but not raised. There was a 3 for 1 stock split but the dividend was reduced to 1/3 after the split.
    Jul 29, 2013. 11:11 AM | Likes Like |Link to Comment
  • More on Altria (MO) Q2 earnings: Q2 adjusted EPS of $0.62 gained 5.1% Y/Y. The bottom end of guidance is lifted a penny, with FY13 EPS now expected at $2.36-$2.41. 3.7M shares repurchased during Q at average price of $36.27 for total cost of about $135M, leaving $165M remaining in program (expected to be completed by year end). CC at 9 ET. No premarket action in stock yet. (PR[View news story]
    Tough 2nd Q but they will still raise div by 2.5-3 cents per Q. Too bad the EBT cards can't buy cigs.
    Jul 23, 2013. 10:20 AM | 4 Likes Like |Link to Comment
  • Altria (MO): Q2 EPS of $0.62 misses by $0.01. Revenue of $4.5B misses by $0.12B[View news story]
    Can't use the EBT cards for cigs! Damn
    Jul 23, 2013. 09:41 AM | Likes Like |Link to Comment
  • Wal-Mart (WMT +0.9%) says it will give up plans to expand into Washington, D.C. after the city council passed a bill to hike the minimum wage to $12.50 per hour. The controversial measure contains a provision exempting companies with unions from paying the higher minimum wage. [View news story]
    Valueplay98, they would not close, they would just raise prices so the shoppers would pay more and we would raise the amount of food stamps they get and.... then the min wage would go to $15 and the circle continues!
    Jul 11, 2013. 01:21 PM | 2 Likes Like |Link to Comment
  • Kraft Foods Feeds Your Pocket With Dividends [View article]
    When Kraft was totally spun off from Altria, they have not increase their dividend since. Don't expect them to do it anytime soon!
    Jul 9, 2013. 03:05 PM | Likes Like |Link to Comment
COMMENTS STATS
35 Comments
21 Likes