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HackFab

HackFab
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  • With Dividends 'The First Cut Is The Deepest' - Or Is It? [View article]
    Yeah... The quintessential "The Dividend Is Safe" Statement. Horse Hockey.
    Nov 26, 2014. 01:16 PM | Likes Like |Link to Comment
  • The Benefit Of Reinvesting Into Something Like Kinder Morgan [View article]
    "I was told by Corporate that the plan has new software changes to be completed and it would be two months before implementation."

    Sounds like the same excuse OptionsFirst (Scottrade) gave me for the 'New Trading Platform' coming down the pipe.

    That was July 2012...

    I'm looking into new brokerage houses for next year.
    Nov 26, 2014. 10:07 AM | 1 Like Like |Link to Comment
  • Dividend Growth Investing Doesn't Work: Intel And Philip Morris Edition [View article]
    At a point in all/most/some investor's lives, Capital Preservation and Income Preservation/Growth become paramount.

    CYR: I'm 64, have a pension from a former career, and work full time in a new job (plan to leave in 2017). My wife will retire in 2017 with a small pension and Social Security. Our total portfolio, which includes ALL investments (mine and wife's IRAs, 401ks, pensions, and taxable brokerage account), are a combination of what you have proposed. Dividend paying equities, Bond CEF's, Preferred CEF's, and a Money Market hybrid. My 401k holds a single 'Index' (hybrid) fund. A couple of the equity positions have been 'Flat Line' for the past couple years - which does not concern me. We keep approximately .5% of our total net worth (sans real and personal property) in cash. There is no need to have excess cash 'on hand', as we are highly liquid.

    It is anticipated that any excess income from dividends will be reinvested, and when RMD is required assests will be transferred 'in kind' to our taxable (trust) account. Where they will continue to produce income.
    Nov 26, 2014. 07:00 AM | 1 Like Like |Link to Comment
  • The Benefit Of Reinvesting Into Something Like Kinder Morgan [View article]
    Chancer and Stvrob.. Interesting. My IRA is with Scottrade and they did not pay out fractional shares for KMR, so they must be one of the brokerages that do not.

    I don't go to Yahoo for anything.
    Nov 26, 2014. 05:51 AM | 2 Likes Like |Link to Comment
  • Helmerich & Payne: The Downcycle Can Be An Opportunity [View article]
    There might be a bit more payne (groan) and suffering to be seen before the end of this year. If the yield gets to 3.75% I may grab a small (300 share) position.
    Nov 25, 2014. 08:42 PM | Likes Like |Link to Comment
  • The Benefit Of Reinvesting Into Something Like Kinder Morgan [View article]
    "I take it from your comment that you do not use a broker to act as custodian for your stocks in street name. "

    2Reb... Whom are you directing that to?

    My Grandson Project, http://bit.ly/1oyat41 (some information posted is no longer accurate) is with the companies respective transfer agents. I do not have physical custody of the shares. Dividends are automatically reinvested and they are calculated in fractional shares.
    Nov 25, 2014. 08:15 PM | 1 Like Like |Link to Comment
  • The Benefit Of Reinvesting Into Something Like Kinder Morgan [View article]
    From: http://bit.ly/1uUUTBR

    "No, none of the Kinder Morgan entities offer a DRIP; however, because KMR's dividend is automatically paid in additional shares of KMR it effectively functions as a DRIP."

    KMR disappears at market close 11/26/14. It must be noted, that even though KMR paid a stock dividend, it did not pay fractional shares like a 'true' drip would. Any fractional shares were paid in cash (my last KMR div was 3 shares + $60.32 cash).

    Kinder Morgan uses Computershare as their transfer agent, and there does appear to be a conflict in the above statement regarding automatic dividend re-investment. Check: http://bit.ly/1uUUVcS where it shows a dividend re-investment fee of 5% of amount re-invested up to a maximum of $3.00.

    You might want to check directly with Computershare and/or Kinder Morgan investor relations.
    Nov 25, 2014. 07:24 PM | Likes Like |Link to Comment
  • With Dividends 'The First Cut Is The Deepest' - Or Is It? [View article]
    Bob, thanks for the article. I own two companies that had cut their dividends: GE & BP. Both I bought after the dividend cut. BP has been increasing their dividend, as has GE. BP has been 'dead money', but I continue to hold it. GE I got in below $15, but is also stagnating price wise. However I will continue to hold it.

    In my grandson's DRiP portfolio is SNH. They have not increased their dividend in 9 quarters. The yield is still good, but I have put them on 'probation'.
    Nov 25, 2014. 09:02 AM | Likes Like |Link to Comment
  • Dividend Growth Investing, Total Return, And Indexing: Let's Take Another Look [View article]
    Ooooooooooo.... I'm going to the first to comment on this.....

    Buy good companies at good prices and don't look back.
    Nov 25, 2014. 12:18 AM | 11 Likes Like |Link to Comment
  • Kinder Morgan: A Dividend Growth Star Is Born [View article]
    I would imagine (and hope) that Kinder Morgan will keep the ascension plan internal. Looking at their executive compensation, and you will see, that those who work there are motivated by performance.
    Nov 24, 2014. 01:25 PM | Likes Like |Link to Comment
  • How To Buy A Few Premium REITs That Deliver Something Special [View article]
    Brad, thanks for the article. I'm looking for a REIT to diversify my holdings.

    BTW: I wear a Citizens ECO Drive. And my old Timex Ironman never failed me.
    Nov 24, 2014. 01:20 PM | Likes Like |Link to Comment
  • Kinder Morgan: A Dividend Growth Star Is Born [View article]
    Albert: DUK's big problem child was the Chrystal River nuke plant that they got in the deal. They wisely cut their losses and decided not to undertake a repair of the botched repair.

    I was out of DUK at $75 because I wanted to start a position in KMR. I had already traded out of my RAI position to add to KMI. DUK had been good to me, as I got in around $67, but only had 500 shares. And I wasn't adding. I cherry picked 200 shares earlier to buy KMI, which was getting beat down by the Barron's/Hedgeye article. I then sold $75 calls against the remainder. Which got assigned and I bought KMR. Later sold all the KMI to buy KMR because the arbitrage was still favorable.
    Nov 24, 2014. 12:23 PM | Likes Like |Link to Comment
  • Kinder Morgan: A Dividend Growth Star Is Born [View article]
    KMR holder: "Don't count your new shares of KMI too closely, you will likely get shares and cash."

    Other than the 47 shares of KMI I own, I only own KMR which has no options other than all stock conversion.

    As you know, the only conversion option for KMR is stock, at a rate of 2.4849. 1766 KMR x 2.4849 = 4388.3334 KMI. KMI will not issue fractional shares, so that gave me the 4388 total. Then I added in my existing 47 shares of KMI to get the total of 4435 shares.

    For anyone not having it: http://bit.ly/1v40owB




    Nov 24, 2014. 11:49 AM | Likes Like |Link to Comment
  • Kinder Morgan: A Dividend Growth Star Is Born [View article]
    hhmcdon..

    UPOD works for me.
    Nov 23, 2014. 08:52 PM | Likes Like |Link to Comment
  • Kinder Morgan: A Dividend Growth Star Is Born [View article]
    Chancer..

    I originally held KMI (in my IRA), but sold it (following the last x-dividend date) and purchased KMR when the arbitrage was to my advantage. That netted me an additional 64 shares of KMI when the conversion happens. The arbitrage has disappeared, so last week, I used the dividend from KMI to purchase 47 shares of KMI stock.

    I had also closed out my IRA position in DUK and used the proceeds to purchase KMR before the x-date (the arbitrage was still favorable), and netted 3 additional shares with the KMR dividend. This and the above, will put my KMI position at 4435 shares.

    Without a doubt, I am Long Kinder Morgan.

    Nov 23, 2014. 08:51 PM | 1 Like Like |Link to Comment
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