Dividend Payers

[jeffblacktn]

I have decided to start using DSPP and DRIP's and establish significant positions in "Dividend Aristocrats" for my investing.

Johnson and Johnson's investment calculator shows what our investments can do over time.

http://www.investor.jnj.com/calculator.cfm

The other "Dividend Payers" have similar calculators and proven track records of building wealth.

I suppose I am getting old and risk averse.

[GDFLS]

Do you have a good site that has a list of DRIP participating companies?

Thanks

[jeffblacktn]

I have accumulated a couple "stock transfer" agent sites; I typically visit the actual company website and visit their "Investor Relations" page(s) (e.g. Altria Group, Coca Cola).

Computershare
https://www-us.computershare.com/Investor/Plans/PlansList.asp

Mellon Financial
https://vault.melloninvestor.com/jsp/enroll/Search.jsp

Best,

jb

[GDFLS]

Thank you sir!

[jeffblacktn]

You are most welcome.

[loslobos71]

Don't just pick a stock for a high dividend. Look for one with EPS growth and div growth. I like GE (3%) and WM (washington mutual, 4.5%) also DOW is more volatile but a VERY good company. How about Intel? They increase dividends about 25% per year, and are expected to grow ~15% per year for the next five years, which leaves plenty of room to expand their multiple and get great compound growth on the Divi's. Good luck

[jeffblacktn]

People can create a "short-list" by checking out the components of the "S&P High Yield Dividend Aristocrats" index.

"The S&P High Yield Dividend Aristocrats index is designed to measure the performance of the 50 highest dividend yielding S&P Composite 1500 constituents that have increased dividends every year for the past 25 years. Stocks are weighted by indicated yield, with constituents re-weighted each quarter. Index membership is reviewed annually in December. Members may be deleted during the December rebalance if calendar-year dividends did not increase from the previous year, or intra-year if the stock is removed from the underlying S&P Composite 1500 index."

http://www.standardandpoors.com

[jeffblacktn]

I forgot about this one.

https://www.stockbny.com/

[madcowdisease]

Very good strategy. One that I endorse 100%. I've had a DRIP with P&G for ~10 years and it has treated me very well. In this sh!tty market that will swing up and down 100 points or more a day, the dividend payers with fat yields are where the safe ground is at. At this point the only position I have is MO. With a 4.4% yield the price floor on this sucker is solid. I don't see it going lower than $69 and the upside is 30% or more.

[NATHAN LLOYD]

Uggh. I bouht and sold VZ yesterday. Today they announce a big dividend. Go figure.

[jeffblacktn]

I just started a DRIP with Altria (MO).

I was considering one with Hershey (HSY) and perhaps a Healthcare firm (e.g. MRK, BMY, ABT, PFE).

Anyone have opinions on the healthcare firms?

Best,

jb

[Imperator]

I've really been interested in getting at least one position with a fat dividend...

has anyone noticed that Cramer has been complimenting high dividends lately? Nice to have that in a rough market.

Only problem with me is, that I don't have all that much money to put into one position to really benefit from the dividend to reinvest it. I looked at MO, GE, and Citigroup... but I think there are bigger dividends out there in less known companie.\s.

[loslobos71]

Imperator: Try Friedman Billings Ramsey (investment brokerage...)-FBR
like a 10% yield or something

[madcowdisease]

Imperator: Try Friedman Billings Ramsey (investment brokerage...)-FBR
like a 10% yield or something

SID is another nice one. I owned it back when the divvy was over 15%. I collected and rode it from 19 to 22 then bailed after I felt I was pushing my luck. Wish I would've held.

[rocketman9685]

I've seen great suggestions so far on this post, but I feel there is one that many people are forgetting about. Cedar Fair, symbol FUN! This one is currently paying around 7.0% With the recent announcement of acquiring Paramount Parks, there is a huge potential for growth in the long term. Also, they've increased distributions the past 19 consecutive years. However, they said at recent conference calls that the acquisition will stop the distribution increases for the next year or two while Paramount Parks are being absorbed into the company. The only kicker to FUN's DRIP program is you must have more than 50 units in your portfolio, so if you don't have an additional $1500 to put into this one, forget about the DRIP. So, I'd say to wait and find a best price on this company over the next year or so, then enjoy the RIDE!

[Will]

Washington Mutual (WM) looks to be a pretty solid dividend play.
4.5% Dividend Yield
2.0 Price/Sales
2.4 Price/Book
1.3 PEG
ROE 19.9%

The only number that is somewhat troublesome is Debt to Equity at 3.1
Other than that WM looks to be a solid play.
I wished I'd picked this up in November when I was deciding between this and JPM. Cramer sadly ended up being the ultimate decider as he was bearish on WM and bullish on JPM.

[Lou]

VVR or COY. I held COY for about 6 years.

[madcowdisease]

REITs and utilities tend to have very large yields as well.

[berberick]

hey don't forget good overseas companies . It give you good div. away from the dollar and the american market . Check out DEO , LYG , BCS .

[optimus25]

I like WM but they are more exposed to a housing slow down than BAC or C. JPM is starting to pique my interest. I like HPT in REITS and VZ as a dividend play and possible capital gains.

[loslobos71]

Look at TKC, Turkcell. Exposed to emerging market growth in the middle east, with a 4% yield, 15% growth per year for the next 5 years, and only 9x earnings... http://wireless.seekingalpha.com/article/11766 a good article about it

[madcowdisease]

Look at TKC, Turkcell. Exposed to emerging market growth in the middle east, with a 4% yield, 15% growth per year for the next 5 years, and only 9x earnings... http://wireless.seekingalpha.com/article/11766 a good article about it

I thought Turkey, along with the Eastern block of Europe and Iceland were the most speculative among the emerging markets. With the Bank of Japan raising rates there won't be as much "free" money to go around and jack up these foreign markets.

I guess I should have, though I thought I did, preface the fact solid yielders that haven't moved are where the stability is at. If your stock has been flat since 2006 chances are the stock holders are rock steady and willing to touh it out over the long haul and not casual traders looking to make a quick buck.

Again, I reitierate my fondness for Altria [MO]. This is my lone position until further decline in the market forces me to buy in to the weakness.

[optimus25]

Hey. Remember to take a look at BAC when it hits $43-45. Trading at single digit earnings. I also like Citigroup. Just me though. I'd love to get into some MO, but I'm allergic to smoke and can't get over their products. I know, I know, a good company is a good company.