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jenksjr

jenksjr
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  • Kinder Morgan: Mega Merger Enhances Dividend Growth Story [View article]
    Due to prior engagement I did not have time to study the full implications of this deal. So, I sold out early this morning and took a 32% gain. KMR was in my IRA so I good on the tax issue for the time being. Will follow the issue to see if KMI will be good deal for future dividend growth.
    Aug 11 10:42 PM | Likes Like |Link to Comment
  • Johnson & Johnson: A Quality Dividend Company At Attractive Valuation [View article]
    CPA,
    Thanks for the comment. You may be right, but my goal in most of my investment decisions revolve around Dividend Growth. There is no doubt that JNJ has and is a company that has delivered much wealth to those that own it. I am long JNJ also.

    The point I was trying to make was, that I believed JNJ could go lower in this current market environment. Look at DIA and JNJ trend line using candlesticks, the 50 day SMA and the 200 SMA. I think you would have to agree that there is weakness in the market. Which leads to the possibility of not only JNJ going lower, but many of our favorite securities may be headed lower.

    I would like nothing more than to pickup more JNJ near $90.
    Aug 6 11:03 AM | 1 Like Like |Link to Comment
  • Johnson & Johnson: A Quality Dividend Company At Attractive Valuation [View article]
    I agree with 2Reb. The dividend rate is about 0.5% lower then the 5 year average. In order to get back to the average the stock price needs to fall to about $87.

    And as 2Reb mentioned above the dividend growth rate is winding down. The latest increase of just 6.06% is about 4.75% lower than the 10 year average. Currently, the dividend yield plus dividend growth is only 8.86%. I would say that is low number for most Dividend Growth Investors. I want that number to be about 12%.

    Also, technical's are flashing Bear signals. I think if you are patient you might be able to pick up this stock at price that will give you at least a 3% yield.
    Well that's the way I see it!
    Aug 5 09:54 PM | 2 Likes Like |Link to Comment
  • The 3% Yield Club: 25 Non-REIT, Non-MLP Dividend Stocks Yielding Over 3% (Part 4) [View article]
    After today there might be a few more joining the 3%!
    Take care.
    Jul 31 05:24 PM | 5 Likes Like |Link to Comment
  • My Mother Bought Tupperware And Now I Have, Too [View instapost]
    IP,

    Hopefully, TUP will bottom around $70. If it can build good support there I may venture in. If it can't hold $70, the next stop looks like $65. At a price of $68 TUP would be yielding 4%, that would be a great bargain!

    Thanks,
    Jim
    Jul 29 05:21 PM | Likes Like |Link to Comment
  • My Top 10 Dividend Growth Stocks On The Watch List. [View instapost]
    ipahophead,
    Thanks for the tip. I agree with you, it's probably oversold. But, the charts are telling me to wait a bit longer. I would like to see how it bottoms out and forms a new support base. Will be watching patiently.
    Take care,
    Jim
    Jul 29 05:07 PM | Likes Like |Link to Comment
  • Vale Hit Hardest By Global Iron Ore Glut [View article]
    Check out the chart on VALE today: http://bit.ly/duZ1er
    Looks like a trend is looking better and it looks we will be testing the last high of $15. Vale is already above the 50 and 200 day SMA's. If it can break above $15 we may see a move to about $17 soon after.
    Well that's the way I see it.
    Jul 25 01:27 AM | Likes Like |Link to Comment
  • My Top 10 Dividend Growth Stocks On The Watch List. [View instapost]
    Dividend Nut,
    Thanks for the comment.

    As for the yield number, I shooting for a 5 percent overall yield.

    And I am working on getting my dividend income up to $60k. At this point my over all yield is about 4.95% and my current dividend rate is about $54K. I'm already invested in my dividend growth stocks and shooting for dividend growth above 5% per year. The $60k annual dividends will allow me to with draw less capital from my accounts and help my IRA's to build increasing dividends for the time when my taxable account is depleted.

    Also, I'm looking to start Social Security in the next year or so. This will further reduce the need for capital withdrawal.

    From the above list I recently bought LMT and OKE. I already own ESV, CBRL, & WEC. I recently added to the WEC position.

    Some of my other positions are AVA, BAX, BCE, BP CMS, CVX, GIS, HAS, HCP, HCN, IBM, JNJ, KO, KRFT, MAIN, MCD, MSFT, NRF, O, OHI, PFE, PG, RSG, RY, SO, TCAP, TGT, & WPC. Plus, I have a select list of some ETFs and CEFs that I use to broaden and increase the dividends without having to buy certain individual stocks. Like MLP's and preferreds.

    Looks you have a good strategy going with investments.

    Take care,
    Jim
    Jul 25 01:03 AM | Likes Like |Link to Comment
  • Dividends Do Matter - Especially In Retirement [View article]
    DD,
    Thanks for the link. Very cool, what I've been searching for.
    Jul 20 09:10 PM | Likes Like |Link to Comment
  • Dividends Do Matter - Especially In Retirement [View article]
    I don't mean to offend anyone, but answering the DGI bashers is like casting our pearls before swine. So, I'm like done with that. Those that truly want to understand how it works will do well to read the likes of Bob Wells, Dave Crosetti, Chowder, Dividends4life, Dividend Mantra, David Fish, Chuck Carneval, and Dividend Growth Machine. That's just to name a few, but there are many others out there that you will run across that have the same mind set.

    Have a nice day!
    Jul 20 09:01 PM | 8 Likes Like |Link to Comment
  • Dividends Do Matter - Especially In Retirement [View article]
    Adam,
    Thanks for the article. Always look forward to your articles.
    Jul 20 01:19 AM | 2 Likes Like |Link to Comment
  • Dividends Do Matter - Especially In Retirement [View article]
    Bob,
    I agree with you. I no longer follow Dale and Larry, or will I read their articles.
    From my research on the subject and my portfolio's performance over the past year I feel confident in Dividend Growth Investing. That's not to say that I won't from time to time add a few stocks that may fall outside the realm of pure Dividend Growth. I believe that a Dividend Growth Portfolio should be the cornerstone for any investor looking for good retirement income.
    Jul 19 11:18 PM | 7 Likes Like |Link to Comment
  • The Great Electric Company Growth Opportunity [View article]
    P. Wagner,
    Thanks for the comment.
    You are probably right about the cost. Depending on the size and load required. If one has a small cottage in an area where heating and cooling are not an issue, you might get by on a very small budget. But, for a typical house I would estimate you would require at least a 5 KW to 7 KW plant.
    I sized a solar system from this site: http://bit.ly/WlTBBX
    And I check out a back generator from Generac. Here's what it looks like for the cost of the major items.
    1. Solar Plant and pure sine wave inverter - $17819 (6.5 KW plant)
    2. Recommend Battery Bank (48 Vdc/1284 Ah) - $8865
    3. Generac 11 KW generator - $3000
    Total $29684

    This doesn't include installation and some kind of fuel tank for the back up generator. I assume you could us gasoline of propane. If you went with a diesel genset I imagine the cost of the generator would at least double.

    Installation, fuel tank, conduit, wire, labor and etc. could easily run $5000 to $10000. So, you probably could get by with a $40k budget.
    Jul 18 12:59 AM | 1 Like Like |Link to Comment
  • The Great Electric Company Growth Opportunity [View article]
    fripp1,
    Then I guess we agree? There is no free lunch.
    Thanks for the comment.
    Jul 18 12:27 AM | Likes Like |Link to Comment
  • The Great Electric Company Growth Opportunity [View article]
    P Wagner, makes a good point.
    I believe there is a storm brewing between the consumers and the utilities over the use of green energy. In Wisconsin the utilities are already proposing increases in their fixed service rates to be able to maintain their profits in the wake of green energy hook-ups to the grid. The only way the consumer can avoid this is to go "off the grid". And good luck doing that. To run a modern household off the grid would take a serious investment. You would need a solar and/or wind plant, battery bank, inverter, and a back up power plant. You could easily spend $20k to 30k on such a project. Not to mention the cost of keeping it operating. Batteries, solar panels, wind generators won't last forever. I think you could buy power from the power company for the next 20 years for what you would spend on that project.

    In end someone will pay for the Utility Companies maintaining a base load and distribution network. There will be no free lunch. Just like people thinking they will avoid paying gasoline taxes because they drive a Hybrid or EV. Soon, state governments will be taxing you on your miles driven.

    As they say, "there's only two things you can count on in this life: death and taxes". And I would add, utility bills.

    Well that's the way I see it.
    Jul 17 01:16 AM | 1 Like Like |Link to Comment
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