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Emerald

Emerald
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  • Would Ben Graham Buy These REITs? [View article]
    DVK, this FFO data can be found on the website of NAREIT (National Association of Real Estate Investment Trusts). Type in "REITWatch" in your browser and it should take you to annual/monthly data. If this doesn't work, go to "http://www.reit.com" and find REIT Watch under their data tab. For a REIT such as WRE to be cutting its dividend in 2012 suggests the board has been asleep.

    On a separate note and as a long time investor in REITs, I would say that many REITs are overvalued today in the rush for dividend income and REIT dividends are taxed as ordinary income.
    Long: EQR
    Aug 27 11:33 AM | 5 Likes Like |Link to Comment
  • Is There A 'Perfect' Investment For Every Market? [View article]
    RAS, well said. With all the destroyed savings out there and poor job prospects for young people, we may be working at the "sandwich shop" for a few more years.
    Jun 15 10:57 AM | 5 Likes Like |Link to Comment
  • The Rational Case For Dividend Growth Investing (Part 1) [View article]
    DVK, perhaps we can have a subset on "Seeking Alpha" called "Seeking Omega" for dividend growth investors. The "Omega" or ultimate end set or goal is an increasing cash flow form our DG stocks each years. (I'm sticking with a Greek theme here as it is very much in vogue these days!)
    Mar 10 01:20 PM | 5 Likes Like |Link to Comment
  • The Rational Case For Dividend Growth Investing (Part 2) [View article]
    Fish, I invest for an extended family from a 25 year old to grandparents in their 80's. (Nowhere to hide if they don't like the results!). I would put money in INTC, JNJ or PG. Each is a "top 10" holding across all the portfolio's I manage. Best of luck!
    Mar 9 01:32 PM | 5 Likes Like |Link to Comment
  • Dividend Skeptics: Here's How Dividend Champions Fared During The Last Recession [View article]
    Thanks, Robert for the work. Granted, the inclusion of financials from 2007 to current day would change the outcome. I got out of the total return game in 2008 and shifted to a dividend growth strategy for 50% of my investments (the 50% balance is in Ginnie Mae bonds and Muni's). I don't need to see the total return statistics, although I understand the point. On average, most of my stock positions have a higher price than in 2008 because I bought many blue chips on sale. As most of the stock market trading is rigged (HFT's, mutuals as closet indexers, hedge funds using derivatives in the opaque market, etc.), I prefer to have a steady cash flow of companies that raise their dividends. I have the cash flow I need and am not trying to measure total return over various fixed time frames. Over along period of time, I will probably have the total return I need rather than guessing where my capital gains will come from.
    Sep 18 06:03 PM | 5 Likes Like |Link to Comment
  • 6 Mega Cap Gladiators for the Ultimate Retirement Portfolio [View article]
    I agree with the above with the exception of GE and MSFT. GE still has a very large "internal bank" exposure as they still view themselves as a finance company and effectively "too big to fail". I own it for the dividend but keep my exposure limited.

    Microsoft does not have a compelling vision and is a tech tanker that will be hard to change. A few innovative products are minor parts of the software giant's cash flow. I own it for the dividend and in a trading range (buy $24-25; sell around $29-30).
    Jul 27 12:08 PM | 5 Likes Like |Link to Comment
  • Don't Buy Bonds, Buy Utility Stocks [View article]
    The math is correct as the stock price rises an average of 5.5% per year (PV=17, N=16, I=5). With these assumptions, your future value is $40. Combining the annual 5.5% growth with a 6% annual dividend, equates to an 11.5% a year "gain". Over 16 years, this is +9 times your initial $17 investment.
    Jul 23 11:24 AM | 5 Likes Like |Link to Comment
  • The 'Magnificent Seven' Dividend Growth Stocks Overlooked by the Stock Market [View article]
    Long all but CL as prices in the last two years have been a steal! Large U.S.-based multinationals like these will benefit from growth in emerging markets as well as a weakening dollar. Thanks for the graphs.
    May 7 05:43 PM | 5 Likes Like |Link to Comment
  • Top 6 Oil & Gas Transporters Paying Substantial Dividends [View article]
    Good article. I own a number of MLP's, but the vast majority of them are at peak valuations and only make sense on a 5-10% pullback. Long: NS, LINE, BBEP, EPD, KMP, ETP, NGLS and GEL.
    Apr 30 05:32 PM | 5 Likes Like |Link to Comment
  • Canada: First World Market With Frontier Area Profits [View article]
    I "fondly" remember the October surprise from the Conservative PM that screwed income investors in many Canadian trusts. There are a number of decent Canadian companies, but investing in Canada is no panacea. As a result, I scaled back my overall Canadian investments.

    I can't wait for the next tax surprise, although Canada and the US recently concluded a new tax treaty where the 15% tax on dividends is waived for tax deferred accounts (IRA's, 401k"s) in the U.S. Long: EWC, PVX, PWE and MOS
    Apr 25 10:18 AM | 5 Likes Like |Link to Comment
  • Nusbaum Positions for Q2: Bullish on Energy Producers, Avoiding Japan, EU, Munis [View article]
    Buffet's portfolio is diversified by different industries. Granted, that is not the same as holding the S&P 500 list, but it is still reasonably spread out. The vast majority of muni's will not default and intermediate muni's are a good investment for taxpayers in higher income brackets who want some fixed rate holdings. Managing risk is also an important part of investing and fixed rate bonds can provide the relevant balance.
    Apr 1 10:42 AM | 5 Likes Like |Link to Comment
  • Master Limited Partnerships: Pipe Dreams or Shark Jumpers? [View article]
    Soycapital, I understand your selling with large gains, but it could be some time before you get a good correction. In the meantime, you miss out on yields of 7-9% (assuming you bought last year or earlier) and the associated tax deferral of income and gains. I am willing to wait out a correction to receive the cash flow. Good luck timing.
    Feb 14 10:31 AM | 5 Likes Like |Link to Comment
  • Three Dividend Aristocrats for the New Decade [View article]
    I agree with analysis and own all three. Thanks, Avi.
    Jan 3 11:54 AM | 5 Likes Like |Link to Comment
  • Financing Retirement: Turning Capital Into Income [View article]
    Simplistic, yes. However, a well diversified portfolio that is tweaked by following decent financial news, can mitigate losses. GE and GM were and are "finance companies" that also engage in the production of other products. I got out of GM bonds five years ago because they were lousy car marketers and the press said they were merely a bad pension company. I held on to my GE and suffered the dividend cut. When (and if) the dividend reaches a more sustainable level, I will sell off my GE holdings. The good news is that I had GE dividends as a small portion of my dividend income. In the future, if a company cuts its dividend, I'm gone.
    Jul 27 10:48 AM | 5 Likes Like |Link to Comment
  • 18 Companies on Dividend Death Watch [View article]
    Given the slow hiring out there and their high payout ratio, Paychex will probably hold the line on dividends this year. I still believe PAYX is a solid company and will resume dividend increases when the market picks up. Long PAYX.
    Jul 25 06:58 PM | 5 Likes Like |Link to Comment
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