25 'Overdue' Dividend Increases: Streaks In Doubt? - Seeking Alpha: In compiling the Dividend Champions list (found here: http://dripinvesting.org/Tools/Tools.asp ) I get to see which companies are nearing the anniversaries of their previous dividend increases. Most of these firms raise their payout about the same time every year, but some companies go longer before boosting their dividends, and this can raise concerns about their streaks of increases.
Thursday, December 27, 2012
Saturday, December 15, 2012
Dividend Challengers: 18 Increases Expected In The Next 11 Weeks - Seeking Alpha
Dividend Challengers: 18 Increases Expected In The Next 11 Weeks - Seeking Alpha: In compiling the Dividend Champions list (found here), I get to see which companies are nearing the anniversaries of their previous dividend increases. Since most of these firms raise their payout about the same time every year, I can say with some confidence that they are likely to do so again.
Jumping the Fiscal Cliff
Anticipating the possible changes in dividend taxation, it appears that many companies that would normally announce increases in January have accelerated those into 2012, hence the relatively small number of January dates below. But a healthy crop of expected increases is expected during February, which coincides with the "forward look" of about 11 weeks for this article.
Jumping the Fiscal Cliff
Anticipating the possible changes in dividend taxation, it appears that many companies that would normally announce increases in January have accelerated those into 2012, hence the relatively small number of January dates below. But a healthy crop of expected increases is expected during February, which coincides with the "forward look" of about 11 weeks for this article.
Dividend Contenders: 19 Increases Expected By The End Of February - Seeking Alpha
Dividend Contenders: 19 Increases Expected By The End Of February - Seeking Alpha: In compiling the Dividend Champions list (found here: http://dripinvesting.org/Tools/Tools.asp ), I get to see which companies are nearing the anniversaries of their previous dividend increases. Since most of these firms raise their payout about the same time every year, I can say with some confidence that they are likely to do so again.
Jumping The Fiscal Cliff
Anticipating the possible changes in dividend taxation, it appears that many companies that would normally announce increases in January have accelerated those into 2012, hence the relatively small number of January dates below. But a healthy crop of expected increases are expected during February, which coincides with the "forward look" of about 11 weeks for this article.
Jumping The Fiscal Cliff
Anticipating the possible changes in dividend taxation, it appears that many companies that would normally announce increases in January have accelerated those into 2012, hence the relatively small number of January dates below. But a healthy crop of expected increases are expected during February, which coincides with the "forward look" of about 11 weeks for this article.
Dividend Champions: 14 Increases Expected By February 28 - Seeking Alpha
Dividend Champions: 14 Increases Expected By February 28 - Seeking Alpha: In compiling the Dividend Champions list (found here). I get to see which companies are nearing the anniversaries of their previous dividend increases. Since most of these firms raise their payout about the same time every year, I can say with some confidence that they are likely to do so again.
Jumping the Fiscal Cliff
Anticipating the possible changes in dividend taxation, it appears that many companies that would normally announce increases in January have accelerated those into 2012, hence the relatively small number of January dates below. But a healthy crop of expected increases are expected during February, which coincides with the "forward look" of about 11 weeks for this article.
Jumping the Fiscal Cliff
Anticipating the possible changes in dividend taxation, it appears that many companies that would normally announce increases in January have accelerated those into 2012, hence the relatively small number of January dates below. But a healthy crop of expected increases are expected during February, which coincides with the "forward look" of about 11 weeks for this article.
Thursday, December 6, 2012
Dividend Contenders Smackdown XXXIII - Seeking Alpha
Dividend Contenders Smackdown XXXIII - Seeking Alpha: Dividend Contenders Smackdown XXXIII
In the most recent installments of the Smackdown series, I screened the Dividend Champions (which can be found here: http://dripinvesting.org/Tools/Tools.asp ) by market capitalization/dividend growth and, last month, using a "back to basics" approach.
(Note that I have separated the Champions, Contenders, and Challengers into different articles to fit more closely into the format preferred by Seeking Alpha. Champions are companies that have paid higher dividends for at least 25 straight years; Contenders have streaks of 10-24 years; Challengers have streaks of 5-9 years. I use the same Roman numeral for all three articles.)
In the most recent installments of the Smackdown series, I screened the Dividend Champions (which can be found here: http://dripinvesting.org/Tools/Tools.asp ) by market capitalization/dividend growth and, last month, using a "back to basics" approach.
(Note that I have separated the Champions, Contenders, and Challengers into different articles to fit more closely into the format preferred by Seeking Alpha. Champions are companies that have paid higher dividends for at least 25 straight years; Contenders have streaks of 10-24 years; Challengers have streaks of 5-9 years. I use the same Roman numeral for all three articles.)
Dividend Champions Smackdown XXXIII - Seeking Alpha
Dividend Champions Smackdown XXXIII - Seeking Alpha: Dividend Champions Smackdown XXXIII
In the most recent installments of the Smackdown series, I screened the Dividend Champions (which can be found here: http://dripinvesting.org/Tools/Tools.asp) by market capitalization/dividend growth and, last month, using a "back to basics" approach.
(Note that I have separated the Champions, Contenders, and Challengers into different articles to fit more closely into the format preferred by Seeking Alpha. Champions are companies that have paid higher dividends for at least 25 straight years; Contenders have streaks of 10-24 years; Challengers have streaks of 5-9 years. I use the same Roman numeral for all three articles.)
In the most recent installments of the Smackdown series, I screened the Dividend Champions (which can be found here: http://dripinvesting.org/Tools/Tools.asp) by market capitalization/dividend growth and, last month, using a "back to basics" approach.
(Note that I have separated the Champions, Contenders, and Challengers into different articles to fit more closely into the format preferred by Seeking Alpha. Champions are companies that have paid higher dividends for at least 25 straight years; Contenders have streaks of 10-24 years; Challengers have streaks of 5-9 years. I use the same Roman numeral for all three articles.)
Tuesday, November 20, 2012
The Real False God Of Dividends - Seeking Alpha
The Real False God Of Dividends - Seeking Alpha: In a recent article, the author stated that he would "…expose dividends for what they really are: a false god."
I'm not going to say that dividends are bad, but that they're just not what many people believe them to be….Too many investors…believe that they're actually making money through dividends. That's not true….
The author defined his terms carefully:
[T]he following terms as I define them support my thesis that you don't make money through a dividend….[I]f you really want your net worth to increase, then I think you have to agree to accept these terms.
I'm not going to say that dividends are bad, but that they're just not what many people believe them to be….Too many investors…believe that they're actually making money through dividends. That's not true….
The author defined his terms carefully:
[T]he following terms as I define them support my thesis that you don't make money through a dividend….[I]f you really want your net worth to increase, then I think you have to agree to accept these terms.
Sunday, November 18, 2012
Dividend Champions: 10 Increases Expected By January 31 - Seeking Alpha
Dividend Champions: 10 Increases Expected By January 31 - Seeking Alpha: In compiling the Dividend Champions list (found here), I get to see which companies are nearing the anniversaries of their previous dividend increases. Since most of these firms raise their payout about the same time every year, I can say with some confidence that they are likely to do so again.
More Good News Ahead
After a noticeable pick-up in the number of companies that typically increase their dividends in the last part of the year, we should see a modest start to 2013, with only a small number expected in January, which coincides with the "forward look" of about 11 weeks for this article
More Good News Ahead
After a noticeable pick-up in the number of companies that typically increase their dividends in the last part of the year, we should see a modest start to 2013, with only a small number expected in January, which coincides with the "forward look" of about 11 weeks for this article
Tuesday, November 6, 2012
Dividend Challengers Smackdown XXXII - Seeking Alpha
Dividend Challengers Smackdown XXXII - Seeking Alpha: Dividend Challengers Smackdown XXXII
In the most recent installments of the Smackdown series, I screened the Dividend Champions (which can be found here: http://dripinvesting.org/Tools/Tools.asp ) for a 7% earnings and dividend growth and, last month, by market capitalization and dividend growth.
(Note that I have separated the Champions, Contenders, and Challengers into different articles to fit more closely into the format preferred by Seeking Alpha. Champions are companies that have paid higher dividends for at least 25 straight years; Contenders have streaks of 10-24 years; Challengers have streaks of 5-9 years. I use the same Roman numeral for all three articles.)
In the most recent installments of the Smackdown series, I screened the Dividend Champions (which can be found here: http://dripinvesting.org/Tools/Tools.asp ) for a 7% earnings and dividend growth and, last month, by market capitalization and dividend growth.
(Note that I have separated the Champions, Contenders, and Challengers into different articles to fit more closely into the format preferred by Seeking Alpha. Champions are companies that have paid higher dividends for at least 25 straight years; Contenders have streaks of 10-24 years; Challengers have streaks of 5-9 years. I use the same Roman numeral for all three articles.)
Monday, November 5, 2012
Dividend Contenders Smackdown XXXII - Seeking Alpha
Dividend Contenders Smackdown XXXII - Seeking Alpha: In the most recent installments of the Smackdown series, I screened the Dividend Champions (which can be found here) for a 7% earnings and dividend growth and, last month, by market capitalization and dividend growth.
(Note that I have separated the Champions, Contenders, and Challengers into different articles to fit more closely into the format preferred by Seeking Alpha. Champions are companies that have paid higher dividends for at least 25 straight years; Contenders have streaks of 10-24 years; Challengers have streaks of 5-9 years. I use the same Roman numeral for all three articles.)
(Note that I have separated the Champions, Contenders, and Challengers into different articles to fit more closely into the format preferred by Seeking Alpha. Champions are companies that have paid higher dividends for at least 25 straight years; Contenders have streaks of 10-24 years; Challengers have streaks of 5-9 years. I use the same Roman numeral for all three articles.)
Thursday, November 1, 2012
Retirees Beware Of The Many Dangers Of Holding Overvalued Stocks - Seeking Alpha
We often write about valuation because we believe it is one of the most misunderstood aspects of investing in common stocks. This causes many people to hold what we consider to be unjustified biases that are based primarily on price action. For example, the concept of the lost decade, which many almost gleefully point to as evidence validating that stocks are poor investments, fail to recognize that the true culprit was overvaluation during the appropriately labeled "irrational exuberance" days.
However, one of the most misunderstood aspects of overvaluation is how wide ranging and relative it is. To clarify, one company can technically be labeled overvalued, but due to other important factors, still be a good investment or even an above-average investment. It all comes down to the degree of overvaluation the market is applying, relative to the potential long-term growth the business is capable of achieving.
Friday, October 19, 2012
Dividend Contenders: 26 Increases Expected By The End Of December - Seeking Alpha
Dividend Contenders: 26 Increases Expected By The End Of December - Seeking Alpha: In compiling the Dividend Champions list (found here: http://dripinvesting.org/Tools/Tools.asp) I get to see which companies are nearing the anniversaries of their previous dividend increases. Since most of these firms raise their payout about the same time every year, I can say with some confidence that they are likely to do so again.
More Good News Ahead
As you can see by the number of Ex-Dividend Dates in November and December, there's a noticeable pick-up in the number of companies that typically increase their dividends in the last part of the year, which coincides with the "forward look" of about 11 weeks for this article.
More Good News Ahead
As you can see by the number of Ex-Dividend Dates in November and December, there's a noticeable pick-up in the number of companies that typically increase their dividends in the last part of the year, which coincides with the "forward look" of about 11 weeks for this article.
Thursday, October 18, 2012
Dividend Champions: 19 Increases Expected By December 31 - Seeking Alpha
Dividend Champions: 19 Increases Expected By December 31 - Seeking Alpha: In compiling the Dividend Champions list (found here: http://dripinvesting.org/Tools/Tools.asp) I get to see which companies are nearing the anniversaries of their previous dividend increases. Since most of these firms raise their payout about the same time every year, I can say with some confidence that they are likely to do so again
Monday, October 8, 2012
Dividend Champions Smackdown XXXI - Seeking Alpha
Dividend Champions Smackdown XXXI - Seeking Alpha: Dividend Champions Smackdown XXXI
In the most recent installments of the Smackdown series, I screened the Dividend Champions (which can be found here) for high yield and low payout ratio and, last month, using a "7% Solution" for dividend and earnings growth.
(Note that I have separated the Champions, Contenders, and Challengers into different articles to fit more closely into the format preferred by Seeking Alpha. Champions are companies that have paid higher dividends for at least 25 straight years; Contenders have streaks of 10-24 years; Challengers have streaks of 5-9 years. I use the same Roman numeral for all three articles.)
In the most recent installments of the Smackdown series, I screened the Dividend Champions (which can be found here) for high yield and low payout ratio and, last month, using a "7% Solution" for dividend and earnings growth.
(Note that I have separated the Champions, Contenders, and Challengers into different articles to fit more closely into the format preferred by Seeking Alpha. Champions are companies that have paid higher dividends for at least 25 straight years; Contenders have streaks of 10-24 years; Challengers have streaks of 5-9 years. I use the same Roman numeral for all three articles.)
Dividend Challengers Smackdown XXXI - Seeking Alpha
Dividend Challengers Smackdown XXXI - Seeking Alpha: Dividend Challengers Smackdown XXXI
In the most recent installments of the Smackdown series, I screened the Dividend Champions (which can be found here) for high-yield and low payout ratio and, last month, using a "7% Solution" for dividend and earnings growth.
(Note that I have separated the Champions, Contenders, and Challengers into different articles to fit more closely into the format preferred by Seeking Alpha. Champions are companies that have paid higher dividends for at least 25 straight years; Contenders have streaks of 10-24 years; Challengers have streaks of 5-9 years. I use the same Roman numeral for all three articles.)
In the most recent installments of the Smackdown series, I screened the Dividend Champions (which can be found here) for high-yield and low payout ratio and, last month, using a "7% Solution" for dividend and earnings growth.
(Note that I have separated the Champions, Contenders, and Challengers into different articles to fit more closely into the format preferred by Seeking Alpha. Champions are companies that have paid higher dividends for at least 25 straight years; Contenders have streaks of 10-24 years; Challengers have streaks of 5-9 years. I use the same Roman numeral for all three articles.)
Sunday, October 7, 2012
High-Yield Buys: There Is A Lot Of Value In This Market: Part 3 - Seeking Alpha
High-Yield Buys: There Is A Lot Of Value In This Market: Part 3 - Seeking Alpha: This article is Part 3 of a series of articles focusing on finding value in the S&P 500 today. In Part 1, we laid out several classifications of equities that comprise the S&P 500. In our follow-ups we are focusing on each of these classifications one at a time, in order to focus on finding fair valuation within each category. There's a lot of discussion, much of it suggesting that stocks are overvalued today. We disagree, because we conducted a thorough examination of each of the S&P 500 constituents, we did indeed find a lot of value in this market. Here is a link to Part 1, where we laid out our thesis of a market of stocks rather than the stock market, and identified the categories that we are writing about in these subsequent articles.
Monday, October 1, 2012
Dividend Champions For October 2012 - Seeking Alpha
Dividend Champions For October 2012 - Seeking Alpha: The Dividend Champions spreadsheet and PDF have been updated through 9/28/12 and are available here. Note that all references to Champions mean companies that have paid higher dividends for at least 25 straight years; Contenders have streaks of 10-24 years; Challengers have streaks of 5-9 years. "CCC" refers to the universe of Champions, Contenders, and Challengers.
The Fourth Scenario For When Should I Transition From Capital Gain Investing To Dividend Growth Investing? - Seeking Alpha
The Fourth Scenario For When Should I Transition From Capital Gain Investing To Dividend Growth Investing? - Seeking Alpha: Introduction
An author, whom I consider a friend, Robert Allan Schwartz, recently penned an article describing his views on when young investors should transition from growth to dividend growth investing. In this article found here, he created a series of three scenarios and created a set of parameters from which to run them on. Although I felt that his parameters were reasonable, and his scenarios plausible, I also felt that they grossly underestimated the true power of what I would call a pure growth strategy. Frankly, I felt he inadvertently shortchanged the powerful performance capabilities that true growth stocks are capable of achieving.
An author, whom I consider a friend, Robert Allan Schwartz, recently penned an article describing his views on when young investors should transition from growth to dividend growth investing. In this article found here, he created a series of three scenarios and created a set of parameters from which to run them on. Although I felt that his parameters were reasonable, and his scenarios plausible, I also felt that they grossly underestimated the true power of what I would call a pure growth strategy. Frankly, I felt he inadvertently shortchanged the powerful performance capabilities that true growth stocks are capable of achieving.
Wednesday, September 26, 2012
34 'Overdue' Dividend Increases: Which Streaks Are In Danger? - Seeking Alpha
34 'Overdue' Dividend Increases: Which Streaks Are In Danger? - Seeking Alpha: In compiling the Dividend Champions list, I get to see which companies are nearing the anniversaries of their previous dividend increases. Most of these firms raise their payout about the same time every year, but some companies go longer before boosting their dividends, and this can raise concerns about their streaks of increases.
Dividends in Doubt Series
This monthly series lists companies whose latest dividend increases might be considered "overdue" because it has been more than a year since the previous increase, a possible sign that their streaks of increases are in danger. Some firms regularly go more than a year between increases, so this is only an "early warning" sign that some of them may warrant concern.
Dividends in Doubt Series
This monthly series lists companies whose latest dividend increases might be considered "overdue" because it has been more than a year since the previous increase, a possible sign that their streaks of increases are in danger. Some firms regularly go more than a year between increases, so this is only an "early warning" sign that some of them may warrant concern.
Thursday, September 20, 2012
Can Dividend Growth Investing Be Reconciled With Modern Portfolio Theory? - Seeking Alpha
Can Dividend Growth Investing Be Reconciled With Modern Portfolio Theory? - Seeking Alpha: For the past couple of years, an active discussion or debate has been going on between proponents of dividend growth investing [DGI] and proponents of modern portfolio theory [MPT]. I have been in the middle of some of those debates. I often wonder whether the two strategies for portfolio construction can be reconciled. I will state my preference up front: My primary investing strategy is a DGI strategy. I recognize that many readers will see this as biasing this article. I am sure that any mistakes, stereotypes, or misconceptions can be rectified in the comments section.
Wednesday, September 19, 2012
Dividend Challengers: 23 Increases Expected By The End Of November - Seeking Alpha
Dividend Challengers: 23 Increases Expected By The End Of November - Seeking Alpha: In compiling the Dividend Champions list (found here) I get to see which companies are nearing the anniversaries of their previous dividend increases. Since most of these firms raise their payout about the same time every year, I can say with some confidence that they are likely to do so again.
The Pace Quickens
The usual summer drop-off in the pace of dividend increase announcements seems to have passed, as can be seen by the number of Ex-Dividend Dates in November, which coincides with the "forward look" of about 11 weeks for this article.
The Pace Quickens
The usual summer drop-off in the pace of dividend increase announcements seems to have passed, as can be seen by the number of Ex-Dividend Dates in November, which coincides with the "forward look" of about 11 weeks for this article.
Sunday, September 16, 2012
Don't Be The Equivalent Of A Stock Market Racist - Seeking Alpha
Don't Be The Equivalent Of A Stock Market Racist - Seeking Alpha: There is no shortage of pundits and prognosticators willing to offer their opinions (rarely based on facts) as to whether or not stocks are cheap or expensive, or as to whether the markets are going to rise or fall. In every case, the opinions and prognostications are directed as generalities such as "stocks" or "markets." In this context, the implication is that all stocks are the same, and therefore will all behave in the same manner or in tandem.
Friday, September 7, 2012
Dividend Challengers Smackdown XXX - Seeking Alpha
Dividend Challengers Smackdown XXX - Seeking Alpha: Dividend Challengers Smackdown XXX
In the most recent installments of the Smackdown series, I screened the Dividend Champions (which can be found here: http://dripinvesting.org/Tools/Tools.asp ) starting with stocks' Premium ( ) or Discount (-) to the Graham Number and, last month, with a combination of high yield and low payout ratio.
(Note that I have separated the Champions, Contenders, and Challengers into different articles to fit more closely into the format preferred by Seeking Alpha. Champions are companies that have paid higher dividends for at least 25 straight years; Contenders have streaks of 10-24 years; Challengers have streaks of 5-9 years. I use the same Roman numeral for all three articles.)
In the most recent installments of the Smackdown series, I screened the Dividend Champions (which can be found here: http://dripinvesting.org/Tools/Tools.asp ) starting with stocks' Premium ( ) or Discount (-) to the Graham Number and, last month, with a combination of high yield and low payout ratio.
(Note that I have separated the Champions, Contenders, and Challengers into different articles to fit more closely into the format preferred by Seeking Alpha. Champions are companies that have paid higher dividends for at least 25 straight years; Contenders have streaks of 10-24 years; Challengers have streaks of 5-9 years. I use the same Roman numeral for all three articles.)
Dividend Contenders Smackdown XXX - Seeking Alpha
Dividend Contenders Smackdown XXX - Seeking Alpha: Dividend Contenders Smackdown XXX
In the most recent installments of the Smackdown series, I screened the Dividend Champions (which can be found here: http://dripinvesting.org/Tools/Tools.asp ) starting with stocks' Premium ( ) or Discount (-) to the Graham Number and, last month, with a combination of high yield and low payout ratio.
(Note that I have separated the Champions, Contenders, and Challengers into different articles to fit more closely into the format preferred by Seeking Alpha. Champions are companies that have paid higher dividends for at least 25 straight years; Contenders have streaks of 10-24 years; Challengers have streaks of 5-9 years. I use the same Roman numeral for all three articles.)
In the most recent installments of the Smackdown series, I screened the Dividend Champions (which can be found here: http://dripinvesting.org/Tools/Tools.asp ) starting with stocks' Premium ( ) or Discount (-) to the Graham Number and, last month, with a combination of high yield and low payout ratio.
(Note that I have separated the Champions, Contenders, and Challengers into different articles to fit more closely into the format preferred by Seeking Alpha. Champions are companies that have paid higher dividends for at least 25 straight years; Contenders have streaks of 10-24 years; Challengers have streaks of 5-9 years. I use the same Roman numeral for all three articles.)
Dividend Champions Smackdown XXX - Seeking Alpha
Dividend Champions Smackdown XXX - Seeking Alpha: In the most recent installments of the Smackdown series, I screened the Dividend Champions (which can be found here: http://dripinvesting.org/Tools/Tools.asp ) starting with stocks' Premium ( ) or Discount (-) to the Graham Number and, last month, with a combination of high yield and low payout ratio.
(Note that I have separated the Champions, Contenders, and Challengers into different articles to fit more closely into the format preferred by Seeking Alpha. Champions are companies that have paid higher dividends for at least 25 straight years; Contenders have streaks of 10-24 years; Challengers have streaks of 5-9 years. I use the same Roman numeral for all three articles.)
(Note that I have separated the Champions, Contenders, and Challengers into different articles to fit more closely into the format preferred by Seeking Alpha. Champions are companies that have paid higher dividends for at least 25 straight years; Contenders have streaks of 10-24 years; Challengers have streaks of 5-9 years. I use the same Roman numeral for all three articles.)
Monday, September 3, 2012
September Dividend Champions - Seeking Alpha
September Dividend Champions - Seeking Alpha: The Dividend Champions spreadsheet and PDF have been updated through 8/31/12 and are available here. Note that all references to Champions mean companies that have paid higher dividends for at least 25 straight years; Contenders have streaks of 10-24 years; Challengers have streaks of 5-9 years. "CCC" refers to the universe of Champions, Contenders, and Challengers.
Wednesday, August 29, 2012
A New Take On The 4% Rule - Seeking Alpha
A New Take On The 4% Rule - Seeking Alpha: For about a year, I have been fascinated by the symmetry of dividend growth investing's typical 4 percent current yield with the familiar retirement strategy of withdrawing 4 percent of your assets in Year 1 of retirement.
They are the same number! In other words, if you have saved $X for retirement, then withdrawing 4 percent of it in Year 1 produces the same amount of "income" as a 4 percent yield. If you've saved $1,000,000, then a 4 percent withdrawal is $40,000. If your assets consist of income generators, a 4 percent current yield (which is typical) also generates $40,000. The equality of amounts holds true no matter how much X is.
They are the same number! In other words, if you have saved $X for retirement, then withdrawing 4 percent of it in Year 1 produces the same amount of "income" as a 4 percent yield. If you've saved $1,000,000, then a 4 percent withdrawal is $40,000. If your assets consist of income generators, a 4 percent current yield (which is typical) also generates $40,000. The equality of amounts holds true no matter how much X is.
Tuesday, August 28, 2012
35 'Overdue' Dividend Increases: Streaks In Doubt - Seeking Alpha
35 'Overdue' Dividend Increases: Streaks In Doubt - Seeking Alpha: In compiling the Dividend Champions list (found here), I get to see which companies are nearing the anniversaries of their previous dividend increases. Most of these firms raise their payout about the same time every year, but some companies go longer before boosting their dividends. This can raise concerns about their streaks of increases.
Dividends in Doubt Series
This monthly series lists companies whose latest dividend increases might be considered "overdue" because it has been more than a year since the previous increase; a possible sign that their streaks of increases are in danger. Some firms regularly go more than a year between increases, so this is only an "early warning" sign that some of them may warrant concern.
Dividends in Doubt Series
This monthly series lists companies whose latest dividend increases might be considered "overdue" because it has been more than a year since the previous increase; a possible sign that their streaks of increases are in danger. Some firms regularly go more than a year between increases, so this is only an "early warning" sign that some of them may warrant concern.
Wednesday, August 22, 2012
Dividends Provide A Return Bonus - Seeking Alpha
c Provide A Return Bonus - Seeking Alpha: With all things being equal, dividend paying common stocks provide their shareholders a return bonus, or what some might like to call a kicker, over an equivalent common stock that pays no dividend. Many investors do not see it this way, as they tend to think of the dividend providing them their return. However, the stock market capitalizes earnings whether a company pays a dividend or not. Moreover, we contend that the market will value a given company's earnings based on their past and future prospects for growth, again, regardless of whether a dividend is paid or not.
Tuesday, August 21, 2012
Yield On Cost's Role In A Selling Decision - Seeking Alpha
Yield On Cost's Role In A Selling Decision - Seeking Alpha: I recently received an email question, as follows:
On the list of stocks that have been dropped [from the annual 'Top 40 Dividend Growth Stocks,' some of them have been dropped for having a yield that is too low. So let's say I already own [a stock], and two years later the current yield drops below 3%, but my yield on cost is still above 3%. I'm guessing you would drop [that stock] from the top 40 list, but would you sell it as well? Would I be correct in saying it depends on what the yield on cost is at that time?
On the list of stocks that have been dropped [from the annual 'Top 40 Dividend Growth Stocks,' some of them have been dropped for having a yield that is too low. So let's say I already own [a stock], and two years later the current yield drops below 3%, but my yield on cost is still above 3%. I'm guessing you would drop [that stock] from the top 40 list, but would you sell it as well? Would I be correct in saying it depends on what the yield on cost is at that time?
Friday, August 17, 2012
Dividend Challengers: 17 Increases Expected In The Next 11 Weeks - Seeking Alpha
Dividend Challengers: 17 Increases Expected In The Next 11 Weeks - Seeking Alpha: In compiling the Dividend Champions list (found here), I get to see which companies are nearing the anniversaries of their previous dividend increases. Since most of these firms raise their payout about the same time every year, I can say with some confidence that they are likely to do so again.
Dividend Contenders: 10 Increases Expected By October 31 - Seeking Alpha
Dividend Contenders: 10 Increases Expected By October 31 - Seeking Alpha: In compiling the Dividend Champions list (found here) I get to see which companies are nearing the anniversaries of their previous dividend increases. Since most of these firms raise their payout about the same time every year, I can say with some confidence that they are likely to do so again.
Wednesday, August 15, 2012
Open Letter To ETF Industry: Create A Better Dividend Growth Product - Seeking Alpha
Open Letter To ETF Industry: Create A Better Dividend Growth Product - Seeking Alpha:
Dear ETF Industry,
There is a vibrant market for an ETF or mutual fund that implements a sensible dividend growth strategy. With all due respect, the myriad "dividend" products that you have created until now don't cut it. I spent some time this past spring looking for good dividend growth ETFs (I, II, III), but I finally gave up in frustration.
I am happy enough being an individual dividend growth investor myself, and I don't personally need a good dividend growth ETF at the moment. But many other investors could use such a product. And some day I will die. I would like to be able to tell my wife, who is not very interested in investing, to "just put it into XXX." But a suitable XXX does not exist.
Dear ETF Industry,
There is a vibrant market for an ETF or mutual fund that implements a sensible dividend growth strategy. With all due respect, the myriad "dividend" products that you have created until now don't cut it. I spent some time this past spring looking for good dividend growth ETFs (I, II, III), but I finally gave up in frustration.
I am happy enough being an individual dividend growth investor myself, and I don't personally need a good dividend growth ETF at the moment. But many other investors could use such a product. And some day I will die. I would like to be able to tell my wife, who is not very interested in investing, to "just put it into XXX." But a suitable XXX does not exist.
Thursday, August 9, 2012
Investing In Central Utility Stocks - Do Today's Valuations Make Sense? Part 3 - Seeking Alpha
Investing In Central Utility Stocks - Do Today's Valuations Make Sense? Part 3 - Seeking Alpha: This is the third in my series on investing in utility stocks based on the sector's current valuation levels. The series was initially inspired by concerns that utility stocks may be overvalued because they had recently performed very well. When the series first started with Part 1, utility ETFs were showing the best one-year performance of any sector. By the second installment Part 2, the utility sector had fallen into second place (Utility Sector Performance July 31, 2012). Since that time, utilities have fallen into fifth place with year-to-date performance of only 3.8% (see Utility Sector Performance August 3, 2012 below), this could be an indication that utilities are reaching full value.
Monday, August 6, 2012
Dividend Champions Smackdown XXIX - Seeking Alpha
Dividend Champions Smackdown XXIX - Seeking Alpha: Dividend Champions Smackdown XXIX
In the most recent installments of the Smackdown series, I screened the Dividend Champions (which can be found here) starting with stocks' Estimated Earnings Per Share Growth for the Next 5 Years and, last month, with stocks' Premium ( ) or Discount (-) to the Graham Number.
(Note that I have separated the Champions, Contenders, and Challengers into different articles to fit more closely into the format preferred by Seeking Alpha. Champions are companies that have paid higher dividends for at least 25 straight years; Contenders have streaks of 10-24 years; Challengers have streaks of 5-9 years. I use the same Roman numeral for all three articles.)
In the most recent installments of the Smackdown series, I screened the Dividend Champions (which can be found here) starting with stocks' Estimated Earnings Per Share Growth for the Next 5 Years and, last month, with stocks' Premium ( ) or Discount (-) to the Graham Number.
(Note that I have separated the Champions, Contenders, and Challengers into different articles to fit more closely into the format preferred by Seeking Alpha. Champions are companies that have paid higher dividends for at least 25 straight years; Contenders have streaks of 10-24 years; Challengers have streaks of 5-9 years. I use the same Roman numeral for all three articles.)
Dividend Contenders Smackdown XXIX - Seeking Alpha
Dividend Contenders Smackdown XXIX - Seeking Alpha: Dividend Contenders Smackdown XXIX
In the most recent installments of the Smackdown series, I screened the Dividend Champions (which can be found here) starting with stocks' Estimated Earnings Per Share Growth for the Next 5 Years and, last month, with stocks' Premium ( ) or Discount (-) to the Graham Number.
(Note that I have separated the Champions, Contenders, and Challengers into different articles to fit more closely into the format preferred by Seeking Alpha. Champions are companies that have paid higher dividends for at least 25 straight years; Contenders have streaks of 10-24 years; Challengers have streaks of 5-9 years. I use the same Roman numeral for all three articles.)
In the most recent installments of the Smackdown series, I screened the Dividend Champions (which can be found here) starting with stocks' Estimated Earnings Per Share Growth for the Next 5 Years and, last month, with stocks' Premium ( ) or Discount (-) to the Graham Number.
(Note that I have separated the Champions, Contenders, and Challengers into different articles to fit more closely into the format preferred by Seeking Alpha. Champions are companies that have paid higher dividends for at least 25 straight years; Contenders have streaks of 10-24 years; Challengers have streaks of 5-9 years. I use the same Roman numeral for all three articles.)
Dividend Challengers Smackdown XXIX - Seeking Alpha
Dividend Challengers Smackdown XXIX - Seeking Alpha: Dividend Challengers Smackdown XXIX
In the most recent installments of the Smackdown series, I screened the Dividend Champions (which can be found here) starting with stocks' Estimated Earnings Per Share Growth for the Next 5 Years and, last month, with stocks' Premium ( ) or Discount (-) to the Graham Number.
(Note that I have separated the Champions, Contenders, and Challengers into different articles to fit more closely into the format preferred by Seeking Alpha. Champions are companies that have paid higher dividends for at least 25 straight years; Contenders have streaks of 10-24 years; Challengers have streaks of 5-9 years. I use the same Roman numeral for all three articles.)
In the most recent installments of the Smackdown series, I screened the Dividend Champions (which can be found here) starting with stocks' Estimated Earnings Per Share Growth for the Next 5 Years and, last month, with stocks' Premium ( ) or Discount (-) to the Graham Number.
(Note that I have separated the Champions, Contenders, and Challengers into different articles to fit more closely into the format preferred by Seeking Alpha. Champions are companies that have paid higher dividends for at least 25 straight years; Contenders have streaks of 10-24 years; Challengers have streaks of 5-9 years. I use the same Roman numeral for all three articles.)
Friday, August 3, 2012
Aflac Stock Research And Dividend Analysis Spells Compelling Value - Seeking Alpha
Aflac Stock Research And Dividend Analysis Spells Compelling Value - Seeking Alpha: We believe that Aflac Inc. (AFL) represents compelling value at its current quotation. This above-average earnings generator that has grown earnings at a rate of 16.2% per annum since 1998 can be purchased at a blended PE ratio under 8 and offers a dividend yield of 3%. When you compare this to the average company as represented by the Standard & Poor's 500, you can only scratch your head in bewilderment. The S&P 500 has grown earnings at 5.7% per annum since 1998, only offers a 2% dividend yield and yet commands a blended PE ratio of 13.7.
Thursday, August 2, 2012
105 Dividend Champions For August - Seeking Alpha
105 Dividend Champions For August - Seeking Alpha: The Dividend Champions spreadsheet and PDF have been updated through 7/31/12 and are available here. Note that all references to Champions mean companies that have paid higher dividends for at least 25 straight years; Contenders have streaks of 10-24 years; Challengers have streaks of 5-9 years. "CCC" refers to the universe of Champions, Contenders, and Challengers.
Friday, July 27, 2012
If You Own Utility Stocks, Consider Selling The Overvalued Ones - Part 1 - Seeking Alpha
If You Own Utility Stocks, Consider Selling The Overvalued Ones - Part 1 - Seeking Alpha: Recently, I've come across several discussions by dividend growth investors as to whether the utility sector is overvalued or not today. Therefore, I decided to look into the sector's relative valuation as a whole to see what I could find. The only way to efficiently conduct this kind of research is to rely on a broad statistical array utilizing traditional valuation metrics.
Important Metrics For Dividend Growth Investors - Seeking Alpha
Important Metrics For Dividend Growth Investors - Seeking Alpha: Here is a selection of metrics that are particularly significant to dividend growth investors. Each investor has his/her own approach, so some of these may be less important to particular individuals than they are to me. On the other hand, I'm sure this list is missing some items that are extremely important to other individuals. So consider this a starter kit. In my own stock analysis, I use more metrics and factors than are discussed here.
Monday, July 23, 2012
35 Ways To Save Money | Boomer & Echo
35 Ways To Save Money
We all know there are plenty of ways to save money, but some things are so obvious you can classify them as common sense rather than smart spending. Drinking tap water and avoiding fast food certainly fall into that category.
Other ways to save money just don’t seem worthwhile. Making your own deodorant or toothpaste will only save you a few pennies and isn’t worth the time.
My wife and I went through all the different ways we save money on everything from housing and insurance to investing and shopping. Hopefully you find these more useful than the ubiquitous latte factor.
Here are 35 ways to save money:
1. We took out a variable rate mortgage on our house at prime minus 0.80, which means the interest rate on our mortgage is an ultra-low 2.20%.
2. Before we negotiated our low mortgage rate, we shopped around using a comparison tool like Rate Supermarket to make sure our bank gave us the best rate.
3. We avoided CMHC mortgage insurance fees by saving over 20% for our down payment. This meant waiting to buy our dream home for 18 months while we saved our money, but it was worth it.
4. We turned down the mortgage life insurance product offered by our bank, instead opting for much cheaper term life insurance.
5. We increased our mortgage payments by $800 a month to lower our amortization to less than 15 years. We’ll save thousands in interest by paying off our mortgage early.
6. I reduced my trading costs from $29 to $9.99 by combining accounts with one brokerage to reach the $50,000 minimum assets threshold.
7. I make sure that my trading costs are no more than 1% of the total stock purchase. For example, since a trade costs $9.99, I’ll make sure to buy more than $1,000 worth of stock.
8. I use low cost index funds like TD e-Series instead of high MER equity mutual funds. The MER on TD’s Canadian Index e-Series is 0.33% compared to TD’s Canadian Equity mutual fund at 2.18%.
9. When I worked in the private sector I took advantage of my employer match for RRSP contributions, which worked out to a 50% return.
10. We use a cash back credit card for our everyday spending and recurring bill payments. We earned over $500 by using the MBNA Smart Cash MasterCard last year.
11. We use a no fee chequing account at ING Direct for payroll, debit purchases and online bill payments that can’t be put on a credit card.
12. We keep a minimum balance of $1,500 in our TD chequing account to avoid bank fees.
13. We ditched our landline in 2009 and saved nearly $40 a month.
14. We regularly call our satellite TV and internet provider to ask for discounts. Wesaved more than $300 on our cable and internet bills with this strategy.
15. I negotiated with my employer to pay for my cell phone bill, saving me $60 to $90 a month.
16. We go to the library every 3-4 weeks to get books and the latest DVD’s and Blue-Ray’s for free.
17. We took the floating rate, rather than the fixed rate option for our natural gas plan – a smart move with natural gas prices at historic lows.
18. We use e-post to manage and track our bills online, which helps us pay our bills on time and avoid late fees.
19. We shop at Costco and buy in bulk for the groceries and other items we use frequently to save on the overall price per unit.
20. We make our own home cleaning products for simple wipe-downs and disinfecting using vinegar, water and rubbing alcohol.
21. We try to cook extra for supper so we have leftovers for the next night, or at least for lunch the next day.
22. The cost of beef and chicken keeps going up. We started eating a meatless dish at least once a week to save money on groceries.
23. I come home for lunch as much as possible and brown bag my lunch when the weather is bad or I have a busy day planned and can’t get away from work.
24. We save money on gas because we bought our house close to where I work. Our fuel expenses are between $100 and $150 a month.
25. We reduce our gas costs even further by redeeming Air Miles for fuel gift cards from Shell.
26. We’ve avoided upgrading our 2nd vehicle, which is a 14 year-old Hyundai Elantra that still gets me to work and back whenever my wife needs our main vehicle.
27. We dropped collision coverage on our 2nd vehicle to save on auto insurancepremiums.
28. We increased the deductible on our insurance coverage to lower our premiums.
29. We bundle our home and car insurance to take advantage of the multi-product discount.
30. We save money shopping online using Great Canadian Rebates, where you can earn cash back on your spending.
31. I regularly look for online coupons and promo codes when shopping online. I had to buy a new battery for my Dell laptop and a quick search for Dell promo codes saved me $15.
32. We signed up for free samples from Pampers and Huggies before our daughter was born.
33. We also use Proctor & Gamble’s Brand Saver site to get coupons for diapers and wipes.
34. We try and reduce the clutter on items we don’t need (or use) any more by selling stuff on Kijiji.
35. I avoid buying the extended warranty coverage on electronics and other big ticket items. Our credit card automatically doubles the manufacturer’s warranty.
What are some of the ways you save money?
Sunday, July 22, 2012
Are Dividend Growth Stocks In A Bubble? - Seeking Alpha
Are Dividend Growth Stocks In A Bubble? - Seeking Alpha: Introduction and Background
There has been a spate of recent articles and comments stating or implying that dividend growth stocks are in a bubble. David Jackson, the founder and CEO of Seeking Alpha, stated the following in a recent comment.
I haven't found any other asset class [beside dividend growth stocks] where there are similar causes or indicators of potential overvaluation risk, specifically:
1. macro factors (interest rates, demographics, and tax rates),
2. a significant preponderance of positive articles on SA, with relatively few "challenging" articles,
3. high and rising interest from novice investors. (Please note: I'm *not* saying that all dividend investors are novices; there are many deeply experienced and sophisticated dividend investors.)
There has been a spate of recent articles and comments stating or implying that dividend growth stocks are in a bubble. David Jackson, the founder and CEO of Seeking Alpha, stated the following in a recent comment.
I haven't found any other asset class [beside dividend growth stocks] where there are similar causes or indicators of potential overvaluation risk, specifically:
1. macro factors (interest rates, demographics, and tax rates),
2. a significant preponderance of positive articles on SA, with relatively few "challenging" articles,
3. high and rising interest from novice investors. (Please note: I'm *not* saying that all dividend investors are novices; there are many deeply experienced and sophisticated dividend investors.)
Dividend Aristocrats Are Undervalued - Seeking Alpha
Dividend Aristocrats Are Undervalued - Seeking Alpha: Seeking Alpha is a great resource for the everyday investor in great part because of the open source nature of the information it offers. The Seeking Alpha site has only one agenda, and that is to help its readers become better prepared and smarter investors. David Jackson, Seeking Alpha's founder, recently directed readers to an article titled "New Highs, New Lows, Yield Greed" by David Merkel that he felt was important, and that subsequently generated a lively comment thread.
Often, the comment threads that a Seeking Alpha article instigates can be of greater value than the article itself. I feel that this was the case with the above-referenced article. The following excerpt from one of David Jackson's comments in the article corroborates my introductory remarks:
Often, the comment threads that a Seeking Alpha article instigates can be of greater value than the article itself. I feel that this was the case with the above-referenced article. The following excerpt from one of David Jackson's comments in the article corroborates my introductory remarks:
Wednesday, July 4, 2012
Dividend Growth Portfolio: 2012 Mid-Year Update - Seeking Alpha
Dividend Growth Portfolio: 2012 Mid-Year Update - Seeking Alpha: My Dividend Growth Portfolio (DGP) is a public portfolio that I created to illustrate the principles of dividend growth investing. I report on it periodically so that people can see how one person (me) executes a dividend growth strategy and what its results are.
The DGP's main purpose is educational. Both myself and readers can learn from my good moves and mistakes. I use both hits and errors to tighten up the Dividend Growth Portfolio Strategy that I use to govern the portfolio. In addition to its educational goal, the DGP is an actual component of my retirement portfolio. It has my own real money in it.
The DGP's main purpose is educational. Both myself and readers can learn from my good moves and mistakes. I use both hits and errors to tighten up the Dividend Growth Portfolio Strategy that I use to govern the portfolio. In addition to its educational goal, the DGP is an actual component of my retirement portfolio. It has my own real money in it.
Dividend Challengers Smackdown XXVIII - Seeking Alpha
Dividend Challengers Smackdown XXVIII - Seeking Alpha: In the most recent installments of the Smackdown series, I screened the Dividend Champions (which can be found here) starting with Most Recent (Percentage) Increase and, last month, with stocks' Estimated Earnings Per Share Growth for the Next 5 Years.
(Note that I have separated the Champions, Contenders, and Challengers into different articles to fit more closely into the format preferred by Seeking Alpha. Champions are companies that have paid higher dividends for at least 25 straight years; Contenders have streaks of 10-24 years; Challengers have streaks of 5-9 years. I use the same Roman numeral for all three articles.)
This month, I decided to focus on measures of "fair value" and dividend yield (and growth). So I screened as follows:
(Note that I have separated the Champions, Contenders, and Challengers into different articles to fit more closely into the format preferred by Seeking Alpha. Champions are companies that have paid higher dividends for at least 25 straight years; Contenders have streaks of 10-24 years; Challengers have streaks of 5-9 years. I use the same Roman numeral for all three articles.)
This month, I decided to focus on measures of "fair value" and dividend yield (and growth). So I screened as follows:
Dividend Contenders Smackdown XXVIII - Seeking Alpha
Dividend Contenders Smackdown XXVIII - Seeking Alpha: In the most recent installments of the Smackdown series, I screened the Dividend Champions (which can be found here) starting with Most Recent (Percentage) Increase and, last month, with stocks' Estimated Earnings Per Share Growth for the Next 5 Years.
(Note that I have separated the Champions, Contenders, and Challengers into different articles to fit more closely into the format preferred by Seeking Alpha. Champions are companies that have paid higher dividends for at least 25 straight years; Contenders have streaks of 10-24 years; Challengers have streaks of 5-9 years. I use the same Roman numeral for all three articles.)
(Note that I have separated the Champions, Contenders, and Challengers into different articles to fit more closely into the format preferred by Seeking Alpha. Champions are companies that have paid higher dividends for at least 25 straight years; Contenders have streaks of 10-24 years; Challengers have streaks of 5-9 years. I use the same Roman numeral for all three articles.)
Dividend Champions Smackdown XXVIII - Seeking Alpha
Dividend Champions Smackdown XXVIII - Seeking Alpha: In the most recent installments of the Smackdown series, I screened the Dividend Champions (which can be found here) starting with Most Recent (Percentage) Increase and, last month, with stocks' Estimated Earnings Per Share Growth for the Next 5 Years.
(Note that I have separated the Champions, Contenders, and Challengers into different articles to fit more closely into the format preferred by Seeking Alpha. Champions are companies that have paid higher dividends for at least 25 straight years; Contenders have streaks of 10-24 years; Challengers have streaks of 5-9 years. I use the same Roman numeral for all three articles.)
(Note that I have separated the Champions, Contenders, and Challengers into different articles to fit more closely into the format preferred by Seeking Alpha. Champions are companies that have paid higher dividends for at least 25 straight years; Contenders have streaks of 10-24 years; Challengers have streaks of 5-9 years. I use the same Roman numeral for all three articles.)
Monday, July 2, 2012
105 Dividend Champions For July 2012 - Seeking Alpha
105 Dividend Champions For July 2012 - Seeking Alpha: The Dividend Champions spreadsheet and PDF have been updated through 6/29/12 and are available here. Note that all references to Champions mean companies that have paid higher dividends for at least 25 straight years; Contenders have streaks of 10-24 years; Challengers have streaks of 5-9 years. "CCC" refers to the universe of Champions, Contenders, and Challengers.
With a Little Help from My Friends
June proved to be a surprising month, not only in terms of the number of promotions from one category to another, but also in terms of additions to the Dividend Champions "universe." The newest Champion - Universal Health Realty Trust (UHT) - was not expected to join that list until next year. On June 7, the company announced a modest half-cent increase in its quarterly rate, to 61.5� per share, prompting me to update its streak of increases from 23 to 24 years.
With a Little Help from My Friends
June proved to be a surprising month, not only in terms of the number of promotions from one category to another, but also in terms of additions to the Dividend Champions "universe." The newest Champion - Universal Health Realty Trust (UHT) - was not expected to join that list until next year. On June 7, the company announced a modest half-cent increase in its quarterly rate, to 61.5� per share, prompting me to update its streak of increases from 23 to 24 years.
Monday, June 18, 2012
Dividend Contenders: 14 Increases Expected By The End Of August - Seeking Alpha
Dividend Contenders: 14 Increases Expected By The End Of August - Seeking Alpha: In compiling the Dividend Champions list (found here) I get to see which companies are nearing the anniversaries of their previous dividend increases. Since most of these firms raise their payout about the same time every year, I can say with some confidence that they are likely to do so again.
Quiet Time Continues
After dividend increases that coincided with annual shareholder meetings in April or May, we started to see a drop-off in the pace of such announcements. Although there are still corporations that will raise their dividend between now and the end of August (which coincides with the "forward look" of about 11 weeks for this article), we'll probably continue to see fewer in the months ahead.
Quiet Time Continues
After dividend increases that coincided with annual shareholder meetings in April or May, we started to see a drop-off in the pace of such announcements. Although there are still corporations that will raise their dividend between now and the end of August (which coincides with the "forward look" of about 11 weeks for this article), we'll probably continue to see fewer in the months ahead.
Dividend Challengers: 20 Increases Expected In The Next 11 Weeks - Seeking Alpha
Dividend Challengers: 20 Increases Expected In The Next 11 Weeks - Seeking Alpha: In compiling the Dividend Champions list (found here) I get to see which companies are nearing the anniversaries of their previous dividend increases. Since most of these firms raise their payout about the same time every year, I can say with some confidence that they are likely to do so again.
Quiet Time Continues
After dividend increases that coincided with annual shareholder meetings in April or May, we started to see a drop-off in the pace of such announcements. Although there are still corporations that will raise their dividend between now and the end of August (which coincides with the "forward look" of about 11 weeks for this article), we'll probably continue to see fewer in the months ahead.
Quiet Time Continues
After dividend increases that coincided with annual shareholder meetings in April or May, we started to see a drop-off in the pace of such announcements. Although there are still corporations that will raise their dividend between now and the end of August (which coincides with the "forward look" of about 11 weeks for this article), we'll probably continue to see fewer in the months ahead.
Dividend Champions: 9 Increases Expected By August 31 - Seeking Alpha
Dividend Champions: 9 Increases Expected By August 31 - Seeking Alpha: In compiling the Dividend Champions list (found here) I get to see which companies are nearing the anniversaries of their previous dividend increases. Since most of these firms raise their payout about the same time every year, I can say with some confidence that they are likely to do so again.
Quiet Time Continues
After dividend increases that coincided with annual shareholder meetings in April or May, we started to see a drop-off in the pace of such announcements. Although there are still corporations that will raise their dividend between now and the end of August (which coincides with the "forward look" of about 11 weeks for this article), we'll probably continue to see fewer in the months ahead.
Quiet Time Continues
After dividend increases that coincided with annual shareholder meetings in April or May, we started to see a drop-off in the pace of such announcements. Although there are still corporations that will raise their dividend between now and the end of August (which coincides with the "forward look" of about 11 weeks for this article), we'll probably continue to see fewer in the months ahead.
Tuesday, June 5, 2012
Dividend Challengers Smackdown XXVII - Seeking Alpha
Dividend Challengers Smackdown XXVII - Seeking Alpha: In the most recent installments of the Smackdown series, I screened the Dividend Champions (which can be found here) starting with Beta and, last month, with the stocks' most recent (percentage) increase.
(Note that I have separated the Champions, Contenders, and Challengers into different articles to fit more closely into the format preferred by Seeking Alpha. Champions are companies that have paid higher dividends for at least 25 straight years; Contenders have streaks of 10-24 years; Challengers have streaks of five to nine years. I use the same Roman numeral for all three articles.)
This month, I decided to focus on the relationship between earnings and dividends, since the former should drive the latter. So I screened as follows:
(Note that I have separated the Champions, Contenders, and Challengers into different articles to fit more closely into the format preferred by Seeking Alpha. Champions are companies that have paid higher dividends for at least 25 straight years; Contenders have streaks of 10-24 years; Challengers have streaks of five to nine years. I use the same Roman numeral for all three articles.)
This month, I decided to focus on the relationship between earnings and dividends, since the former should drive the latter. So I screened as follows:
Dividend Champions Smackdown XXVII - Seeking Alpha
Dividend Champions Smackdown XXVII - Seeking Alpha: In the most recent installments of the Smackdown series, I screened the Dividend Champions (which can be found here) starting with Beta and, last month, with stocks' most recent (percentage) increase.
(Note that I have separated the Champions, Contenders, and Challengers into different articles to fit more closely into the format preferred by Seeking Alpha. Champions are companies that have paid higher dividends for at least 25 straight years; Contenders have streaks of 10-24 years; Challengers have streaks of 5-9 years. I use the same Roman numeral for all three articles.)
This month, I decided to focus on the relationship between earnings and dividends, since the former should drive the latter. So I screened as follows:
(Note that I have separated the Champions, Contenders, and Challengers into different articles to fit more closely into the format preferred by Seeking Alpha. Champions are companies that have paid higher dividends for at least 25 straight years; Contenders have streaks of 10-24 years; Challengers have streaks of 5-9 years. I use the same Roman numeral for all three articles.)
This month, I decided to focus on the relationship between earnings and dividends, since the former should drive the latter. So I screened as follows:
Dividend Contenders Smackdown XXVII - Seeking Alpha
Dividend Contenders Smackdown XXVII - Seeking Alpha: In the most recent installments of the Smackdown series, I screened the Dividend Champions (which can be found here) starting with beta and, last month, with the stocks' most recent (percentage) increase.
(Note that I have separated the Champions, Contenders, and Challengers into different articles to fit more closely into the format preferred by Seeking Alpha. Champions are companies that have paid higher dividends for at least 25 straight years; Contenders have streaks of 10-24 years; Challengers have streaks of five to nie years. I use the same Roman numeral for all three articles.)
This month, I decided to focus on the relationship between earnings and dividends, since the former should drive the latter. So I screened as follows:
(Note that I have separated the Champions, Contenders, and Challengers into different articles to fit more closely into the format preferred by Seeking Alpha. Champions are companies that have paid higher dividends for at least 25 straight years; Contenders have streaks of 10-24 years; Challengers have streaks of five to nie years. I use the same Roman numeral for all three articles.)
This month, I decided to focus on the relationship between earnings and dividends, since the former should drive the latter. So I screened as follows:
Sunday, May 27, 2012
Sysco: Building A Case For A Return To Growth - Seeking Alpha
Sysco: Building A Case For A Return To Growth - Seeking Alpha: This article will specifically cover Sysco (SYY) and why I believe it represents an exceptionally safe opportunity for dividend growth investors and retirees looking for yield. Specifically, it also offers a follow-up to an article on Sysco that I wrote approximately a year ago found here.
However, I have ulterior motives that go beyond this individual stock that deal with broader, and I believe, more important universal investing principles. At its core, I will use this article on Sysco to illustrate important differences between speculation and investment. Once again, I will offer a quote from Chapter 1 of legendary investor Ben Graham's highly regarded book The Intelligent Investor:
However, I have ulterior motives that go beyond this individual stock that deal with broader, and I believe, more important universal investing principles. At its core, I will use this article on Sysco to illustrate important differences between speculation and investment. Once again, I will offer a quote from Chapter 1 of legendary investor Ben Graham's highly regarded book The Intelligent Investor:
Thursday, May 24, 2012
Blue-Chip Dividend Growth Stocks Today's Strong Option For Retirement Portfolios Part 2 - Seeking Alpha
Blue-Chip Dividend Growth Stocks Today's Strong Option For Retirement Portfolios Part 2 - Seeking Alpha: In part one of this two-part series (Found Here) I laid the groundwork for why I believe that blue-chip dividend paying US equities represent not only a viable, but also a safer investment choice than many give them credit for. I also pointed out why I believe the risk profile on bonds is currently upside down, arguing that for one of the few times in history they may actually be more dangerous an investment than equities.
Wednesday, May 23, 2012
Modern Dividend Theory Explained Part 1 - Seeking Alpha
Modern Dividend Theory Explained Part 1 - Seeking Alpha: ccording to Investopedia, Modern Portfolio Theory (MPT) is defined as follows:
A theory on how risk-averse investors can construct portfolios to optimize or maximize expected [total] return based on a given level of market risk, emphasizing that risk is an inherent part of higher reward.
I've been thinking that it's time we developed a parallel Modern Income Theory. Part of that would be a Modern Dividend Theory (MDT). I am going to restrict myself to the latter, because it is my area of expertise.
A theory on how risk-averse investors can construct portfolios to optimize or maximize expected [total] return based on a given level of market risk, emphasizing that risk is an inherent part of higher reward.
I've been thinking that it's time we developed a parallel Modern Income Theory. Part of that would be a Modern Dividend Theory (MDT). I am going to restrict myself to the latter, because it is my area of expertise.
Modern Dividend Theory Explained Part 2: Risk And Diversification - Seeking Alpha
Modern Dividend Theory Explained Part 2: Risk And Diversification - Seeking Alpha: Back in March, I published "Modern Dividend Theory Explained." It was an initial effort to construct a framework for an income theory that could stand beside Modern Portfolio Theory (MPT). My main goal was and remains to provide a theoretical framework for MDT (Modern Dividend Theory). At some point, MDT might be widened out to Modern Income Theory (MIT), but for the moment I am just focusing on dividends from stocks.
Before I discuss risk and diversification, I want to come closer to constructing a brief definition of MDT.
Before I discuss risk and diversification, I want to come closer to constructing a brief definition of MDT.
Wednesday, May 16, 2012
Dividend Challengers: 10 Increases Expected In The Next 11 Weeks - Seeking Alpha
Dividend Challengers: 10 Increases Expected In The Next 11 Weeks - Seeking Alpha: In compiling the Dividend Champions list. I get to see which companies are nearing the anniversaries of their previous dividend increases. Since most of these firms raise their payout about the same time every year, I can say with some confidence that they are likely to do so again.
Quiet Time Again
Since many companies announced dividend increases in conjunction with their annual shareholder meetings in April or May, we typically see a drop-off in the pace of such announcements as summer approaches. Although there are still some corporations that will raise their dividend between now and the end of July (which coincides with the "forward look" of about 11 weeks for this article), we'll probably be seeing fewer in the months ahead.
Quiet Time Again
Since many companies announced dividend increases in conjunction with their annual shareholder meetings in April or May, we typically see a drop-off in the pace of such announcements as summer approaches. Although there are still some corporations that will raise their dividend between now and the end of July (which coincides with the "forward look" of about 11 weeks for this article), we'll probably be seeing fewer in the months ahead.
Dividend Champions: 4 Increases Expected By July 31 - Seeking Alpha
Dividend Champions: 4 Increases Expected By July 31 - Seeking Alpha: In compiling the Dividend Champions list. I get to see which companies are nearing the anniversaries of their previous dividend increases. Since most of these firms raise their payout about the same time every year, I can say with some confidence that they are likely to do so again.
Quiet Time Again
Since many companies announced dividend increases in conjunction with their annual shareholder meetings in April or May, we typically see a drop-off in the pace of such announcements as summer approaches. Although there are still some corporations that will raise their dividend between now and the end of July (which coincides with the "forward look" of about 11 weeks for this article), we'll probably be seeing fewer in the months ahead
Quiet Time Again
Since many companies announced dividend increases in conjunction with their annual shareholder meetings in April or May, we typically see a drop-off in the pace of such announcements as summer approaches. Although there are still some corporations that will raise their dividend between now and the end of July (which coincides with the "forward look" of about 11 weeks for this article), we'll probably be seeing fewer in the months ahead
Dividend Contenders: 16 Increases Expected By The End Of July - Seeking Alpha
Dividend Contenders: 16 Increases Expected By The End Of July - Seeking Alpha: In compiling the Dividend Champions list (found here) I get to see which companies are nearing the anniversaries of their previous dividend increases. Since most of these firms raise their payout about the same time every year, I can say with some confidence that they are likely to do so again.
Wednesday, May 2, 2012
105 Dividend Champions For May - Seeking Alpha
105 Dividend Champions For May - Seeking Alpha: The Dividend Champions spreadsheet and PDF have been updated through 4/30/12 and are available at here. Note that all references to Champions mean companies that have paid higher dividends for at least 25 straight years; Contenders have streaks of 10-24 years; Challengers have streaks of 5-9 years. "CCC" refers to the universe of Champions, Contenders, and Challengers.
Newsflash: The Dividend Aristocrats Found The Lost Decade - Seeking Alpha
Newsflash: The Dividend Aristocrats Found The Lost Decade - Seeking Alpha: There are many people who continue to hold a jaundiced view of stocks because they were traumatized by the last two recessions. Precipitous drops in equity prices drove them to distrust stocks and stock markets. However, I believe that most of the negative sentiment is a function of what I would describe as vague ideas about what really happened. A lot has to do with many investors failing to recognize, or make the important distinctions, that were the true causes of our last two market crashes.
Tuesday, May 1, 2012
WisdomTree Dividend ETFs, Plus Overall Conclusions About Dividend ETFs - Seeking Alpha
WisdomTree Dividend ETFs, Plus Overall Conclusions About Dividend ETFs - Seeking Alpha: Introduction
This is the third and last in a series of articles that look under the hoods of ETFs with "dividend" in their names. This time, I decided to focus on one fund company, WisdomTree, because my impression has been that they have been active in pursuing the income-seeking market with their growing menu of ETF offerings.
The ultimate goal of these articles is to discover if there is a dividend ETF that closely replicates the strategies, processes, and/or results of the many dividend growth investors who frequently write and comment here at Seeking Alpha. Earlier articles in the series are:
This is the third and last in a series of articles that look under the hoods of ETFs with "dividend" in their names. This time, I decided to focus on one fund company, WisdomTree, because my impression has been that they have been active in pursuing the income-seeking market with their growing menu of ETF offerings.
The ultimate goal of these articles is to discover if there is a dividend ETF that closely replicates the strategies, processes, and/or results of the many dividend growth investors who frequently write and comment here at Seeking Alpha. Earlier articles in the series are:
Saturday, April 28, 2012
29 Overdue Dividend Increases: Are These Streaks In Doubt? - Seeking Alpha
29 Overdue Dividend Increases: Are These Streaks In Doubt? - Seeking Alpha: In compiling the Dividend Champions list, I get to see which companies are nearing the anniversaries of their previous dividend increases. Most of these companies raise their payout about the same time every year, but some companies go longer before boosting their dividends, and this can raise concerns about their streaks of increases.
Tuesday, April 17, 2012
Dividend Challengers: 25 Increases Expected In The Next 11 Weeks - Seeking Alpha
Dividend Challengers: 25 Increases Expected In The Next 11 Weeks - Seeking Alpha: In compiling the Dividend Champions list (found here), I get to see which companies are nearing the anniversaries of their previous dividend increases. Since most of these firms raise their payout about the same time every year, I can say with some confidence that they are likely to do so again.
T'is The Season
Most companies that operate on a calendar-year basis will hold their annual shareholder meetings in April or May, and that presents a great opportunity to announce dividend increases, especially in conjunction with earnings growth in the previous year. Although some have already made such announcements, there are still many corporations that typically raise their dividend between now and the end of June, which coincides with the "forward look" of about 11 weeks for this article.
T'is The Season
Most companies that operate on a calendar-year basis will hold their annual shareholder meetings in April or May, and that presents a great opportunity to announce dividend increases, especially in conjunction with earnings growth in the previous year. Although some have already made such announcements, there are still many corporations that typically raise their dividend between now and the end of June, which coincides with the "forward look" of about 11 weeks for this article.
Dividend Contenders: 19 Increases Expected By The End Of June - Seeking Alpha
Dividend Contenders: 19 Increases Expected By The End Of June - Seeking Alpha: In compiling the Dividend Champions list (found here), I get to see which companies are nearing the anniversaries of their previous dividend increases. Since most of these firms raise their payout about the same time every year, I can say with some confidence that they are likely to do so again.
T'is The Season
Most companies that operate on a calendar-year basis will hold their annual shareholder meetings in April or May, and that presents a great opportunity to announce dividend increases, especially in conjunction with earnings growth in the previous year. Although some have already made such announcements, there are still many corporations that typically raise their dividend between now and the end of June, which coincides with the "forward look" of about 11 weeks for this article.
T'is The Season
Most companies that operate on a calendar-year basis will hold their annual shareholder meetings in April or May, and that presents a great opportunity to announce dividend increases, especially in conjunction with earnings growth in the previous year. Although some have already made such announcements, there are still many corporations that typically raise their dividend between now and the end of June, which coincides with the "forward look" of about 11 weeks for this article.
Dividend Champions: 11 Increases Expected By June 30 - Seeking Alpha
Dividend Champions: 11 Increases Expected By June 30 - Seeking Alpha: In compiling the Dividend Champions list (found here), I get to see which companies are nearing the anniversaries of their previous dividend increases. Since most of these firms raise their payout about the same time every year, I can say with some confidence that they are likely to do so again.
T'is The Season
Most companies that operate on a calendar-year basis will hold their annual shareholder meetings in April or May, and that presents a great opportunity to announce dividend increases, especially in conjunction with earnings growth in the previous year. Although some have already made such announcements, there are still many corporations that typically raise their dividend between now and the end of June, which coincides with the "forward look" of about 11 weeks for this article.
Wikio
T'is The Season
Most companies that operate on a calendar-year basis will hold their annual shareholder meetings in April or May, and that presents a great opportunity to announce dividend increases, especially in conjunction with earnings growth in the previous year. Although some have already made such announcements, there are still many corporations that typically raise their dividend between now and the end of June, which coincides with the "forward look" of about 11 weeks for this article.
Wikio
Friday, April 13, 2012
Spring Cleaning My Dividend Growth Portfolio - Seeking Alpha
Spring Cleaning My Dividend Growth Portfolio - Seeking Alpha: I conduct formal Portfolio Reviews of my public Dividend Growth Portfolio (DGP) twice per year, in April and October. Here are reports of the past two reviews:
October 2011: "Dividend Growth Portfolio Semi-Annual Review: Pretty Boring Stuff... The Dividends Just Keep Increasing (Yawn)"
April 2011: "Dividend Growth Portfolio Review: Sherwin Williams Is Out"
The DGP contains real money and actual stocks, and it illustrates real decisions made in real time. Its purpose is to demonstrate how one person (me) executes strategies and tactics of dividend growth investing. You can see my successes and mistakes, form judgments on whether stuff make sense or not, and comment on whatever you think will help me or the dividend growth community.
Wikio
October 2011: "Dividend Growth Portfolio Semi-Annual Review: Pretty Boring Stuff... The Dividends Just Keep Increasing (Yawn)"
April 2011: "Dividend Growth Portfolio Review: Sherwin Williams Is Out"
The DGP contains real money and actual stocks, and it illustrates real decisions made in real time. Its purpose is to demonstrate how one person (me) executes strategies and tactics of dividend growth investing. You can see my successes and mistakes, form judgments on whether stuff make sense or not, and comment on whatever you think will help me or the dividend growth community.
Wikio
Tuesday, April 10, 2012
The Most Common Stocks For Dividend Growth Investors - Seeking Alpha
The Most Common Stocks For Dividend Growth Investors - Seeking Alpha: This article had its genesis in a trio of articles I did a few weeks ago on stocks with yields more than 1.5 times the yield available from 10-year Treasuries. In those articles, I presented statistics on the dividend growth rates (DGRs) of the stocks. I was surprised by the number of stocks that seemed to have declining DGRs. That caused me to wonder whether there was a pattern or predominance of companies lowering their DGRs.
During the Great Recession, lots of DGRs understandably took a dip, not to mention that there were some significant dividend freezes (DGR = 0) and slashes (DGR = negative). But my general impression had been that since 2009, DGRs have been recovering to levels that were more typical prior to the recession. So I decided to explore the question further.
Wikio
During the Great Recession, lots of DGRs understandably took a dip, not to mention that there were some significant dividend freezes (DGR = 0) and slashes (DGR = negative). But my general impression had been that since 2009, DGRs have been recovering to levels that were more typical prior to the recession. So I decided to explore the question further.
Wikio
Monday, April 9, 2012
If You Think All Utility Stocks Are The Same - Think Again - Seeking Alpha
If You Think All Utility Stocks Are The Same - Think Again - Seeking Alpha: I have recently seen comments on articles oriented to the dividend growth investor where people were suggesting that in general, utilities have recently become overvalued. Further discussion indicated that this was probably due to the fact that bond yields were so low that people were flocking to stable utility stocks in lieu of bonds therefore driving utility stock prices to abnormal highs. This article is primarily designed to take a more specific look at whether or not utility stocks as an asset class are currently overvalued. Secondarily, it is offered to expose the fallacy of thinking in generalities rather than more specifically.
Monday, April 2, 2012
29 Dividend Champions That Beat The Market, Inflation And 2 Recessions Since 2001 - Seeking Alpha
29 Dividend Champions That Beat The Market, Inflation And 2 Recessions Since 2001 - Seeking Alpha: This article is a follow-up to my earlier article on March 28, that was stimulated by commentary on an article on March 16 by David Van Knapp titled Has Dividend Growth Kept Up With Inflation? However, since that article was oriented to the prudent dividend growth investor, there were a couple of weaknesses with my previous article that I would like to rectify with this current offering.
First of all, I feel that the 30 sample companies used in my first offering were not the best representation of high-quality dividend growth stocks as claimed by the book cited in both articles above, and secondly, there was a lot of overvaluation bias built into the time frame being measured. Consequently, I do not believe that a clear and fair representation of the value of a true dividend growth stock was effectively revealed. On the other hand, the first article did show that even an inferior group of dividend paying companies were capable of providing income that beat inflation over time.
Wikio
First of all, I feel that the 30 sample companies used in my first offering were not the best representation of high-quality dividend growth stocks as claimed by the book cited in both articles above, and secondly, there was a lot of overvaluation bias built into the time frame being measured. Consequently, I do not believe that a clear and fair representation of the value of a true dividend growth stock was effectively revealed. On the other hand, the first article did show that even an inferior group of dividend paying companies were capable of providing income that beat inflation over time.
Wikio
The Most Common Stocks Held By Dividend Growth Investors - Seeking Alpha
The Most Common Stocks Held By Dividend Growth Investors - Seeking Alpha: I am researching an article on dividend growth stocks. I want to use a sample of the 30-40 most common stocks held by dividend growth investors. Please help.
Below I have listed 35 stocks that, from my reading, appear in a lot of dividend growth portfolios. This list is based on impressions from reading hundreds of articles and thousands of comments over the past couple of years.
Please scan the list and tell me if you agree. Should any stocks be removed? Do you want to nominate a stock I have missed?
Please note, I am not looking for reasons that a stock should be sold or bought. Rather, I am just seeking to verify or correct my impressions about which stocks are most widely in dividend growth portfolios. If a commenter suggests one that I missed, and the comment gets a few thumbs up, I'll add it to the list, and similarly as to stocks suggested for deletion.
Wikio
Below I have listed 35 stocks that, from my reading, appear in a lot of dividend growth portfolios. This list is based on impressions from reading hundreds of articles and thousands of comments over the past couple of years.
Please scan the list and tell me if you agree. Should any stocks be removed? Do you want to nominate a stock I have missed?
Please note, I am not looking for reasons that a stock should be sold or bought. Rather, I am just seeking to verify or correct my impressions about which stocks are most widely in dividend growth portfolios. If a commenter suggests one that I missed, and the comment gets a few thumbs up, I'll add it to the list, and similarly as to stocks suggested for deletion.
Wikio
Saturday, March 31, 2012
51 Dividend Challengers With Yields 50% Higher Than 10-Year Treasuries - Seeking Alpha
51 Dividend Challengers With Yields 50% Higher Than 10-Year Treasuries - Seeking Alpha: I have been combing through David Fish's Dividend Champions document looking for stocks that yield more - 50% more - than 10-year Treasuries. Since Treasuries are yielding 2.25%, the requirement for dividend-raising stocks has therefore been a minimum 3.375% yield.
It is a reflection of how low interest rates have gone that we are even having this discussion at all. It has been a fruitful search.
On Monday March 26, I published "18 Dividend Champions with Yields 50% Higher than 10-Year Treasuries." Dividend Champions are stocks that have increased their dividends for 25 or more consecutive years. There are 103 Champions at the moment, and 18 of them qualified.
Wikio
It is a reflection of how low interest rates have gone that we are even having this discussion at all. It has been a fruitful search.
On Monday March 26, I published "18 Dividend Champions with Yields 50% Higher than 10-Year Treasuries." Dividend Champions are stocks that have increased their dividends for 25 or more consecutive years. There are 103 Champions at the moment, and 18 of them qualified.
Wikio
Wednesday, March 28, 2012
18 Dividend Champions With Yields 50% Higher Than 10-Year Treasuries - Seeking Alpha
18 Dividend Champions With Yields 50% Higher Than 10-Year Treasuries - Seeking Alpha: I've been writing lots of brain-busting theoretical articles lately. It's time to have a little fun, set theory aside for awhile, and just come up with some names.
As I write this, the yield on the 10-year Treasury is 2.25%. A yield 50% higher than that would be 3.375%. Assuming any of these stocks you might purchase does not cut its dividend, that initial yield on cost would be locked in for as long as you own the stock. With future dividend increases, it would get larger.
So the list below is of Dividend Champions with yields higher than 3.375%. As a measure of how low interest rates are, there are no fewer than 18 Champions (out of 103) that qualify.
As I write this, the yield on the 10-year Treasury is 2.25%. A yield 50% higher than that would be 3.375%. Assuming any of these stocks you might purchase does not cut its dividend, that initial yield on cost would be locked in for as long as you own the stock. With future dividend increases, it would get larger.
So the list below is of Dividend Champions with yields higher than 3.375%. As a measure of how low interest rates are, there are no fewer than 18 Champions (out of 103) that qualify.
Tuesday, March 27, 2012
Dividend Champs With Yields 50% Higher Than 10-Year Treasuries - Seeking Alpha
Dividend Champs With Yields 50% Higher Than 10-Year Treasuries - Seeking Alpha: I've been writing lots of brain-busting theoretical articles lately. It's time to have a little fun, set theory aside for awhile, and just come up with some names.
As I write this, the yield on the 10-year Treasury is 2.25%. A yield 50% higher than that would be 3.375%. Assuming any of these stocks you might purchase does not cut its dividend, that initial yield on cost would be locked in for as long as you own the stock. With future dividend increases, it would get larger.
So the list below is of Dividend Champions with yields higher than 3.375%. As a measure of how low interest rates are, there are no fewer than 18 Champions (out of 103) that qualify.
Wikio
As I write this, the yield on the 10-year Treasury is 2.25%. A yield 50% higher than that would be 3.375%. Assuming any of these stocks you might purchase does not cut its dividend, that initial yield on cost would be locked in for as long as you own the stock. With future dividend increases, it would get larger.
So the list below is of Dividend Champions with yields higher than 3.375%. As a measure of how low interest rates are, there are no fewer than 18 Champions (out of 103) that qualify.
Wikio
Friday, March 23, 2012
Modern Dividend Theory Explained - Seeking Alpha
Modern Dividend Theory Explained - Seeking Alpha: According to Investopedia, Modern Portfolio Theory (MPT) is defined as follows:
A theory on how risk-averse investors can construct portfolios to optimize or maximize expected [total] return based on a given level of market risk, emphasizing that risk is an inherent part of higher reward.
I've been thinking that it's time we developed a parallel Modern Income Theory. Part of that would be a Modern Dividend Theory (MDT). I am going to restrict myself to the latter, because it is my area of expertise.
I am going to try to start off developing this theory by comparing MPT concepts to analogous MDT concepts. The MDT concepts are hyptheses, but then again so are most MPT concepts.
As you read through the following, you will notice significant contrasts, starting right off with the underlying goals themselves. I think this is why MPT proponents have difficulty even talking to MDT proponents, because the goals and tenets are so different.
Wikio
A theory on how risk-averse investors can construct portfolios to optimize or maximize expected [total] return based on a given level of market risk, emphasizing that risk is an inherent part of higher reward.
I've been thinking that it's time we developed a parallel Modern Income Theory. Part of that would be a Modern Dividend Theory (MDT). I am going to restrict myself to the latter, because it is my area of expertise.
I am going to try to start off developing this theory by comparing MPT concepts to analogous MDT concepts. The MDT concepts are hyptheses, but then again so are most MPT concepts.
As you read through the following, you will notice significant contrasts, starting right off with the underlying goals themselves. I think this is why MPT proponents have difficulty even talking to MDT proponents, because the goals and tenets are so different.
Wikio
Saturday, March 17, 2012
Dividend Challengers: 16 Increases Expected By May 31 - Seeking Alpha
Dividend Challengers: 16 Increases Expected By May 31 - Seeking Alpha: In compiling the Dividend Champions list (found here: http://dripinvesting.org/Tools/Tools.asp) I get to see which companies are nearing the anniversaries of their previous dividend increases. Since most of these firms raise their payout about the same time every year, I can say with some confidence that they are likely to do so again.
Better Than Before
Over the past several months, I modified the schedule to aim for a three- to four-week frequency. Previous monthly articles had allowed some increases to "slip through the cracks" and publishing the listings twice each month seemed a tad too frequent, with too many companies carried over and not enough being "checked off." But the best solution has turned out to be a return to a monthly schedule, but extending the "forward look" to about 11 weeks, rather than the original six (later up to 10) weeks. So it's back to a monthly article, which will be timed to appear about 11 weeks from the end of a future month, in this case, May.
Better Than Before
Over the past several months, I modified the schedule to aim for a three- to four-week frequency. Previous monthly articles had allowed some increases to "slip through the cracks" and publishing the listings twice each month seemed a tad too frequent, with too many companies carried over and not enough being "checked off." But the best solution has turned out to be a return to a monthly schedule, but extending the "forward look" to about 11 weeks, rather than the original six (later up to 10) weeks. So it's back to a monthly article, which will be timed to appear about 11 weeks from the end of a future month, in this case, May.
Dividend Champions: 13 Increases Expected By The End Of May - Seeking Alpha
Dividend Champions: 13 Increases Expected By The End Of May - Seeking Alpha: In compiling the Dividend Champions list (found here: http://dripinvesting.org/Tools/Tools.asp), I get to see which companies are nearing the anniversaries of their previous dividend increases. Since most of these firms raise their payout about the same time every year, I can say with some confidence that they are likely to do so again.
Better Than Before
Over the past several months, I modified the schedule to aim for a three- to four-week frequency. Previous monthly articles had allowed some increases to "slip through the cracks" and publishing the listings twice each month seemed a tad too frequent, with too many companies carried over and not enough being "checked off." But the best solution has turned out to be a return to a monthly schedule, but extending the "forward look" to about 11 weeks, rather than the original six (later up to 10) weeks. So it's back to a monthly article, which will be timed to appear about 11 weeks from the end of a future month, in this case, May.
Better Than Before
Over the past several months, I modified the schedule to aim for a three- to four-week frequency. Previous monthly articles had allowed some increases to "slip through the cracks" and publishing the listings twice each month seemed a tad too frequent, with too many companies carried over and not enough being "checked off." But the best solution has turned out to be a return to a monthly schedule, but extending the "forward look" to about 11 weeks, rather than the original six (later up to 10) weeks. So it's back to a monthly article, which will be timed to appear about 11 weeks from the end of a future month, in this case, May.
Dividend Challengers: 16 Increases Expected By May 31 - Seeking Alpha
Dividend Challengers: 16 Increases Expected By May 31 - Seeking Alpha: In compiling the Dividend Champions list (found here: http://dripinvesting.org/Tools/Tools.asp) I get to see which companies are nearing the anniversaries of their previous dividend increases. Since most of these firms raise their payout about the same time every year, I can say with some confidence that they are likely to do so again.
Better Than Before
Over the past several months, I modified the schedule to aim for a three- to four-week frequency. Previous monthly articles had allowed some increases to "slip through the cracks" and publishing the listings twice each month seemed a tad too frequent, with too many companies carried over and not enough being "checked off." But the best solution has turned out to be a return to a monthly schedule, but extending the "forward look" to about 11 weeks, rather than the original six (later up to 10) weeks. So it's back to a monthly article, which will be timed to appear about 11 weeks from the end of a future month, in this case, May.
Better Than Before
Over the past several months, I modified the schedule to aim for a three- to four-week frequency. Previous monthly articles had allowed some increases to "slip through the cracks" and publishing the listings twice each month seemed a tad too frequent, with too many companies carried over and not enough being "checked off." But the best solution has turned out to be a return to a monthly schedule, but extending the "forward look" to about 11 weeks, rather than the original six (later up to 10) weeks. So it's back to a monthly article, which will be timed to appear about 11 weeks from the end of a future month, in this case, May.
Sunday, March 11, 2012
5 Myths About Dividend Growth Investing - Seeking Alpha
5 Myths About Dividend Growth Investing - Seeking Alpha: A pretty cool community has emerged on SA over the past couple of years. It's the community of dividend growth investors. Through articles and comments, sharing ideas, and talking about "what's up," an active cohort of investors who use this strategy has formed. New participants are always welcomed. It's a friendly place, as no one seems to see dividend growth investing as a zero-sum game. Tips and suggestions are freely shared. There are no secret handshakes, no hazing.
With so many participants and contributions, it is inevitable that some misconceptions about dividend growth investing have sprung up. Here are five prominent "myths" about dividend growth investing, along with my point of view about each one.
Wikio
With so many participants and contributions, it is inevitable that some misconceptions about dividend growth investing have sprung up. Here are five prominent "myths" about dividend growth investing, along with my point of view about each one.
Wikio
Friday, March 9, 2012
How To Transfer Shares To Your Kids ? The Passive Income Earner
How To Transfer Shares To Your Kids � The Passive Income Earner: For the longest time, I have been an income focused investor. I remember when I started working, I did not have much money to invest and I invested in mutual funds telling myself “if I can have more to invest one day, I would buy stocks” (at the time, trading was usually $30 – no $6.99 options back then). It turns out that you don’t need a lot of money and you don’t have to pay any fees!!! It was quite marvelous when I learned about buying shares with Computershare or Canadian Stock Transfer directly from the companies. It’s something I learned from The Lazy Investor by Derek Foster – strongly recommended if you are a beginner dividend investor.
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