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ChanelS

ChanelS
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  • How To Properly Think About Stock Prices In Today's Volatile Markets [View article]
    While I love how FAST graphs show valuation for traditional blue chips with stable earnings over long periods of time, i would question the logic behind using an earnings driven valuation model (FAST graphs) for boom/bust consumer technology stocks such as Apple. Earnings tend to be lagging indicators with these stocks, as a cheap stock will get cheaper as earnings fall. As we've seen with RIM, earnings can disappear very quickly when consumers decide your products are not cool anymore.
    Feb 9 12:30 PM | 3 Likes Like |Link to Comment
  • Buy The Unloved AeroSpace Sector On Its Pullback For Dividend Growth [View article]
    helpful overall analysis :)

    personally i prefer GD for the more diversified business mix. nice balance of cyclical and counter cyclical, from both govt spending, and economy PoV). i believe it helps smooth out their FCF. if i look at morningstar FCF since 2002, GD's is much steadier than other 2 for the past 10 years
    Feb 3 01:39 PM | 3 Likes Like |Link to Comment
  • The Beauty Of Holding These 3 Dividend Kings For Long Periods [View article]
    why are those without dividend returns so negative. that doesnt seem to make sense to me...
    Jan 26 07:05 PM | 2 Likes Like |Link to Comment
  • Dividend-Paying Stocks Are Not 'Bond Equivalents' [View article]
    first thing that came to my mind when i read the title of the article was: yea, they arent bond equivalents, they're better!

    risk isnt the odds of getting your capital back in the future. its the odds of getting present value equivalent or more of your capital back in the future
    Jan 25 12:35 AM | 8 Likes Like |Link to Comment
  • 2 Ways To Track Dividend Growth Of Individual Companies [View article]
    Canadian banks have typically in the past raised dividends every 2 quarters, resulting in twice a year raises of low/mid single digits vs previous quarterly per share dividend. it was pretty consistent until they were forced to freeze dividends in the financial crisis. since then most of them have resumed semi-annual hikes.

    i use excel to keep track of investments goals, but similar to Dave, i use quicken to track actual performance/flows.

    im not a strict seller on slowing dividend growth rates. it depends on the industry. some industries have very cyclical dividend growth patterns, while others are more consistent. KO can give you 7-10% consistently, but something like EMR will give you some years of 2-5%, and other years of 15%, depending on economic conditions. i only strict sell on dividend uncertainty or dividend cut.
    Jan 17 11:02 AM | Likes Like |Link to Comment
  • Team Alpha: Adding A Truly Great Company When The Stock Gets Hammered [View article]
    how did you arrive at 3.5% yield @ $67? I see the dividend at 48.5 cents per quarter, or 2.9% @ $67

    agree that this is much ado about nothing :)
    Jan 16 10:52 PM | 3 Likes Like |Link to Comment
  • A Real Dividend Growth Machine: 2012 Review [View article]
    from a Canadian perspective, our 2 tax sheltered account types are TFSA and RRSP. TFSA is like Roth IRA. RRSP is the deferred tax type of account like 401K.

    Canadians can withdraw from their RRSP at any time before 65. it simply is counted as income. there is no "penalty", other than a default withholding amount, which you can partially get back at tax time if your actual payable taxes are lower.

    so theoretically, even if we have most of our income producing assets inside an RRSP, we could still retire, and just withdraw amounts as needed, and have it taxed as income. keeping it in a taxable account is only more beneficial if the assets are canadian stocks. US stock dividends are taxed as income anyway. so for me, I keep funding my RRSP and just buy high quality US stocks in there :)
    Jan 15 10:38 AM | Likes Like |Link to Comment
  • Kinder Morgan Inc.: Dividend Analysis [View article]
    wow what a fantastic article! i learned a lot from this. thank you! :)
    Jan 9 01:12 PM | 2 Likes Like |Link to Comment
  • Dividends: Still The Best All-Season Investment Strategy [View article]
    im not a big fan of DIS's once a year dividend. if they change to quarterly i think i might be more interested. do like CMI very much though :) and my canadian darlings
    Jan 7 10:47 AM | 1 Like Like |Link to Comment
  • Dividends: Still The Best All-Season Investment Strategy [View article]
    the first company that comes to mind when i read the critera (ex PE) was MCD from 10 yrs ago. big cap low yielding high dividend grower

    i thought of a few more on my radar that fit the bill today: CMI and DIS, along with 2 canadian companies, THI and CNI
    Jan 6 09:13 AM | Likes Like |Link to Comment
  • Becton Dickinson Dividend Stock Analysis [View article]
    generally true when time horizon is infinity, but in the short/medium term, a company can sustain above earnings growth dividend increases when payout ratio is low. MCD is a good example looking back 10 years where stock has gone up as well even tho their div has far outpaced EPS. INTC is another one where stock has languished a bit more.

    in BDX case, its not like their earnings growth is going to 0. its slowing like any mature business does. they'll still be able to grow organically, thru pricing power, as well as do bolt on acquisitions. between those 3, even if they grow earnings at 5-7% rate, it allows them to increase the dividend at 10% per year for many years. their payout rate is only 35-40%.
    Jan 6 12:46 AM | 3 Likes Like |Link to Comment
  • Becton Dickinson Dividend Stock Analysis [View article]
    regardless of whether BDX is in line with its peers or not, I think paying 13x for a dividend yield of 2.5% that grows in the long term at ~10% (conservative estimates given doubling every 6 yrs since 70s is 12% per year) is a very attractive proposition. I initiated a position in the mid 70s, and hoping it pulls back a bit from here so i can add more :) i only got about 2/3 of my position established
    Jan 5 04:32 PM | 1 Like Like |Link to Comment
  • Banks In The Great White North: Bank Of Montreal [View article]
    prefer TD and BNS due to a different geographical business mix and dividend growth profile, but BMO would be the definitive 3rd cdn bank if i had to pick one. slower div growth but bigger yield, good pick!
    Jan 3 08:25 PM | 1 Like Like |Link to Comment
  • Canadian National Railway: A Definitive Value Play [View article]
    one of the few companies in Canada worth holding for the long haul!
    Jan 3 02:49 PM | Likes Like |Link to Comment
  • House Republicans - including House Majority Leader Eric Cantor - are reportedly overwhelmingly opposed to the fiscal cliff deal approved by the Senate. The House appears poised to amend the deal and send it back to the Senate, setting up a legislative high-wire act. [View news story]
    why does the fiscal cliff bill contains a hidden immediate pay raise for every govt worker??
    Jan 1 04:52 PM | 4 Likes Like |Link to Comment
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54 Likes