The J. M. Smucker Company (SJM) engages in manufacturing and marketing branded food products primarily in the United States, Canada, and internationally. The company is a member of the dividend achievers index, and has boosted distributions for nineteen years in a row.
The company’s last dividend increase was in July 2016 when the Board of Directors approved an 11.90% increase to 75 cents/share. The company’s largest competitors include Conagra (CAG), Kraft Heinz (KHC) and Hershey (HSY).
Over the past decade this dividend growth stock has delivered an annualized total return of 14.10% to its shareholders.
I am a long term buy and hold investor who focuses on dividend growth stocks
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Thursday, December 29, 2016
Tuesday, December 27, 2016
CVS Health: A High Dividend Growth Machine to Consider
CVS Health Corporation (CVS), together with its subsidiaries, provides integrated pharmacy health care services. It operates through Pharmacy Services and Retail/LTC segments. The Pharmacy Services Segment provides a range of pharmacy benefit management (PBM) solutions. The Retail Pharmacy segment includes retail drugstores, online retail pharmacy Websites and its retail healthcare clinics.
The company announced that it is raising its quarterly dividend by 17.60% to 50 cents/share. This is the fourteenth consecutive annual dividend increase for this dividend achiever. In addition, with a new $15 billion share repurchase authorization, the company now has more than $18 billion authorized to be used for share repurchases over the next few years.
Over the past decade, the company has managed to boost dividends at a rate of 25.40%/year. This is some impressive dividend growth out there for CVS Health shareholders. However, I would expect that this rate of annual dividend growth to slow down a little over the next decade. If CVS Health managed to grow dividends at a rate of 10%/year, supported by strong earnings growth from here, I would be a happy camper.
This was supported by a solid 12.30% average increase in annual EPS over the past decade, and a low payout ratio. I analyzed the company in November, and initiated a position around that time. Please check my analysis of CVS Health for more information about the company.
Currently, CVS is attractively valued at 16.40 times forward earnings and a yield of 2.50%. I took advantage of the huge sell-off last month and initiated a small new position in the stock. Given the rapid increase in dividends, I think that the stock is a good value today.
Full Disclosure: Long CVS and WBA
Relevant Articles:
- CVS Health (CVS) Dividend Stock Analysis
- Dividend Growth Investing At Work
- The predictive value of rising dividends
- How to value dividend stocks
- Seven dividend companies bringing holiday joy to shareholders
The company announced that it is raising its quarterly dividend by 17.60% to 50 cents/share. This is the fourteenth consecutive annual dividend increase for this dividend achiever. In addition, with a new $15 billion share repurchase authorization, the company now has more than $18 billion authorized to be used for share repurchases over the next few years.
Over the past decade, the company has managed to boost dividends at a rate of 25.40%/year. This is some impressive dividend growth out there for CVS Health shareholders. However, I would expect that this rate of annual dividend growth to slow down a little over the next decade. If CVS Health managed to grow dividends at a rate of 10%/year, supported by strong earnings growth from here, I would be a happy camper.
This was supported by a solid 12.30% average increase in annual EPS over the past decade, and a low payout ratio. I analyzed the company in November, and initiated a position around that time. Please check my analysis of CVS Health for more information about the company.
Currently, CVS is attractively valued at 16.40 times forward earnings and a yield of 2.50%. I took advantage of the huge sell-off last month and initiated a small new position in the stock. Given the rapid increase in dividends, I think that the stock is a good value today.
Full Disclosure: Long CVS and WBA
Relevant Articles:
- CVS Health (CVS) Dividend Stock Analysis
- Dividend Growth Investing At Work
- The predictive value of rising dividends
- How to value dividend stocks
- Seven dividend companies bringing holiday joy to shareholders
Friday, December 23, 2016
Best Articles for 2016
I wanted to thank you all for reading the Dividend Growth Investor website. This site is a result of my efforts to improve my investing over time, write down and organize my thoughts, and make myself do the work to form an opinion on companies to invest in.
I find it helpful to write down my position on a given topic, and then revisit it a few years later, in order to learn from it. I would encourage all of you to keep an investment journal in private or in public, in order to write down reasons behind your strategy and the investment selections you are making. After a few years, you should be able to learn from your mistakes, and hopefully find ways to improve your results.
The way to improve is by gathering data, and analyzing the results against your expectations. I followed this approach to find out the most read articles on the Dividend Growth Investor website.
I have compiled a list of eight articles that readers found helpful in 2016, as evidenced by number of visits. The articles include:
1) How to set up your own perpetual income machine
2) 24 Dividend Champions for Further Research
3) Nine Attractively Valued Dividend Stocks to Consider
4) My Five Largest Dividend Portfolio Holdings for the Long Term
5) Building a Core Dividend Growth Portfolio With These Eight Companies
6) Dividend Aristocrats List for 2016
7) Dividend Aristocrats for Dividend Growth and Total Returns
8) Dividend Champions - The Best List for Dividend Investors
It is very nice to see that my readers are interested in the tools of the trade, such as the lists of dividend champions and dividend aristocrats, which many use as their starting point in their screening process. It is also interesting to see that readers like actionable lists of companies for further research that they can analyze in more detail.
Thank you again for reading.
Dividend Growth Investor
I find it helpful to write down my position on a given topic, and then revisit it a few years later, in order to learn from it. I would encourage all of you to keep an investment journal in private or in public, in order to write down reasons behind your strategy and the investment selections you are making. After a few years, you should be able to learn from your mistakes, and hopefully find ways to improve your results.
The way to improve is by gathering data, and analyzing the results against your expectations. I followed this approach to find out the most read articles on the Dividend Growth Investor website.
I have compiled a list of eight articles that readers found helpful in 2016, as evidenced by number of visits. The articles include:
1) How to set up your own perpetual income machine
2) 24 Dividend Champions for Further Research
3) Nine Attractively Valued Dividend Stocks to Consider
4) My Five Largest Dividend Portfolio Holdings for the Long Term
5) Building a Core Dividend Growth Portfolio With These Eight Companies
6) Dividend Aristocrats List for 2016
7) Dividend Aristocrats for Dividend Growth and Total Returns
8) Dividend Champions - The Best List for Dividend Investors
It is very nice to see that my readers are interested in the tools of the trade, such as the lists of dividend champions and dividend aristocrats, which many use as their starting point in their screening process. It is also interesting to see that readers like actionable lists of companies for further research that they can analyze in more detail.
Thank you again for reading.
Dividend Growth Investor
Wednesday, December 21, 2016
Dividend Kings List for 2017
A dividend king is a company that has managed to increase dividends every single year for at least 50 years in a row. There are only 20 companies in the US, which have achieved this mighty goal.
These are impressive companies to research, because they have been able to overcome several wars, several recessions, high inflation, oil price shocks, and multiple booms and busts. This is a testament to the business models which continued to chug along, uninterrupted by outside competitive forces, delivering goods and services to customers that valued them. Against all odds, these companies managed to grow earnings, and then reward their patient long-term shareholders with a dividend raise for over half a century.
The common denominator behind each of those companies is a participant in an industry that is characterized by slow change. The list of dividend kings has increased from ten companies in 2010 to twenty this year.
The newest addition was ABM Industries (ABM), which raised its dividend last week. ABM Industries has managed to increase dividends for 50 years in a row. Another new addition in 2016 was Tootsie Roll (TR). The company with the longest streak of annual dividend increases is water utility American States Water (AWR), which has managed to raise dividends to shareholders for 62 years in a row.
These are impressive companies to research, because they have been able to overcome several wars, several recessions, high inflation, oil price shocks, and multiple booms and busts. This is a testament to the business models which continued to chug along, uninterrupted by outside competitive forces, delivering goods and services to customers that valued them. Against all odds, these companies managed to grow earnings, and then reward their patient long-term shareholders with a dividend raise for over half a century.
The common denominator behind each of those companies is a participant in an industry that is characterized by slow change. The list of dividend kings has increased from ten companies in 2010 to twenty this year.
The newest addition was ABM Industries (ABM), which raised its dividend last week. ABM Industries has managed to increase dividends for 50 years in a row. Another new addition in 2016 was Tootsie Roll (TR). The company with the longest streak of annual dividend increases is water utility American States Water (AWR), which has managed to raise dividends to shareholders for 62 years in a row.
Monday, December 19, 2016
Dividend Growth Stocks for Further Research
Each week I review the list of dividend increases as part of my monitoring process. This exercise is helpful in evaluating how my existing holdings are doing, and also discovering other interesting companies for further research.
For this weeks review, I have included companies that I believe are close to being attractively valued, or are attractively valued. We have a mixture of companies with a wide range of dividend growth records. I believe that each one of those companies has qualitative characteristics that make their dividends safe. The important trick is to then analyze each company, and initiate a position at the right entry valuation.
The companies include:
For this weeks review, I have included companies that I believe are close to being attractively valued, or are attractively valued. We have a mixture of companies with a wide range of dividend growth records. I believe that each one of those companies has qualitative characteristics that make their dividends safe. The important trick is to then analyze each company, and initiate a position at the right entry valuation.
The companies include:
Thursday, December 15, 2016
The advantages of being a long-term dividend investor
Most readers know me as a person that buys a stock in a company I like, and then I keep building a position as long as valuation and allocation to security makes sense. Once I purchase a security, my intent is to hold it forever. I rarely sell, and have only done so when dividends have been cut or valuations have been hard to justify. There are many reasons why I keep holding on to a stock for as long as dividends are at least maintained.
If dividends keep increasing, and earnings keep going up, this means that the intrinsic value is increasing. If dividends are at least maintained, I take the approach of wait and see if fundamentals can improve again. I have seen it time and again with established companies like Hershey (HSY), Kellogg (K) and General Mills (GIS), where dividends are increased for many years, and then frozen for a few more years. After that, the streak of dividend increases continues, and the patient investor keeps reaping the rewards. The advantages of being a long-term dividend investor include:
If dividends keep increasing, and earnings keep going up, this means that the intrinsic value is increasing. If dividends are at least maintained, I take the approach of wait and see if fundamentals can improve again. I have seen it time and again with established companies like Hershey (HSY), Kellogg (K) and General Mills (GIS), where dividends are increased for many years, and then frozen for a few more years. After that, the streak of dividend increases continues, and the patient investor keeps reaping the rewards. The advantages of being a long-term dividend investor include:
Wednesday, December 14, 2016
What is dividend investment risk?
To many investors and financial professionals, the term investment risk is widely discussed. This term usually entails situations where the value of the investment fluctuates in quoted value. The saying goes that if you purchased Johnson & Johnson (JNJ) at $70/share in 2008, and the stock goes down to $45/share, your risk has increased.
I define dividend investment risk as a situation where my investment capital is permanently impaired. If I buy a stock which essentially goes to zero, I would have essentially damaged my capital, as I would be unable to generate much in income from that portion of my portfolio. I would be unable to compound my capital from that point, because anything times zero is still zero.
The scenario with Johnson & Johnson stock mentioned in the first paragraph really happened during the 2008 – 2009 bear market. However, the fundamentals of Johnson & Johnson did not deteriorate, and it was still the great business it always was. In fact, earnings didn’t get depressed as much as other industries like Financial Institutions, and dividends kept getting raised and paid like clockwork. Earnings per share increased from $3.73 in 2006 to $4.40 by 2009, while dividends per share went from $1.46 in 2006 to $1.93 by 2009. The company is expected to earn $6.71/share in 2016, and pays a per share dividend of $3.20/year. Incidentally, I find the company to be attractively valued today. Check my analysis of Johnson & Johnson for more information about the company.
I define dividend investment risk as a situation where my investment capital is permanently impaired. If I buy a stock which essentially goes to zero, I would have essentially damaged my capital, as I would be unable to generate much in income from that portion of my portfolio. I would be unable to compound my capital from that point, because anything times zero is still zero.
The scenario with Johnson & Johnson stock mentioned in the first paragraph really happened during the 2008 – 2009 bear market. However, the fundamentals of Johnson & Johnson did not deteriorate, and it was still the great business it always was. In fact, earnings didn’t get depressed as much as other industries like Financial Institutions, and dividends kept getting raised and paid like clockwork. Earnings per share increased from $3.73 in 2006 to $4.40 by 2009, while dividends per share went from $1.46 in 2006 to $1.93 by 2009. The company is expected to earn $6.71/share in 2016, and pays a per share dividend of $3.20/year. Incidentally, I find the company to be attractively valued today. Check my analysis of Johnson & Johnson for more information about the company.
Monday, December 12, 2016
Seven Dividend Growth Stocks Delivering Strong Raises and High Returns to Shareholders
There is a tradeoff between dividend yield and dividend growth. Investors who start with a higher yield, sacrifice future dividend growth. Investors who choose a lower dividend yield, expect higher dividend growth over time. Neither the future yield, nor the future growth are guaranteed of course. This is where it makes sense to hold different types of dividend growth stocks. My observation over the past decade have been that the companies with low yields are generally ignored by a lot of dividend investors. This is unfortunate, because many of these companies end up delivering outstanding total returns, and high future yields on cost for those patient enough to recognize their potential early. If you are a younger investor, it may make more sense to focus on companies with higher dividend growth, which have a lower yield today. Investors who are retired may shun lower yielding equities, because they are mostly interested in current income that meets their needs. Long term readers know that we go beyond broad generalizations, and dissect trends in financial performance and valuation in order to select the best companies at the best price.
Over the past week, there were several companies that raised their dividends to shareholders. I narrowed the list down to those that have managed to increase dividends for at least a decade. Most of those companies have lower yields, but pretty good rates of historical dividend growth. The companies include:
Over the past week, there were several companies that raised their dividends to shareholders. I narrowed the list down to those that have managed to increase dividends for at least a decade. Most of those companies have lower yields, but pretty good rates of historical dividend growth. The companies include:
Thursday, December 8, 2016
Procter & Gamble (PG) Dividend Stock Analysis 2016
The Procter & Gamble Company (NYSE:PG), together with its subsidiaries, manufactures and sells branded consumer packaged goods. The company operates through five segments: Beauty, Grooming, Health Care, Fabric Care and Home Care, and Baby Care and Family Care. This dividend king has paid dividends since 1891 and has managed to increase them for 60 years in a row.
The company's latest dividend increase was announced in April 2016 when the Board of Directors approved a 1% increase in the quarterly dividend to 66.95 cents /share. The company's peer group includes Colgate-Palmolive (NYSE:CL), Kimberly-Clark (NYSE:KMB) and Unilever (NYSE:UL)
Over the past decade this dividend growth stock has delivered an annualized total return of 6%/year to its shareholders.
The company has managed to deliver an anemic 2.80% average increase in annual EPS over the past decade. Procter & Gamble is expected to earn $3.89 per share in 2017 and $4.21 per share in 2018. In comparison, the company earned $3.49/share in 2016.
The company's latest dividend increase was announced in April 2016 when the Board of Directors approved a 1% increase in the quarterly dividend to 66.95 cents /share. The company's peer group includes Colgate-Palmolive (NYSE:CL), Kimberly-Clark (NYSE:KMB) and Unilever (NYSE:UL)
Over the past decade this dividend growth stock has delivered an annualized total return of 6%/year to its shareholders.
The company has managed to deliver an anemic 2.80% average increase in annual EPS over the past decade. Procter & Gamble is expected to earn $3.89 per share in 2017 and $4.21 per share in 2018. In comparison, the company earned $3.49/share in 2016.
Monday, December 5, 2016
Five Consistent Dividend Payers Raising Distributions to Shareholders
Each week, I go through the list of dividend increases in order to monitor performance of existing holdings, and uncover hidden dividend gems. I then narrow down the list by eliminating companies with a short dividend growth streak. I also look at things like trends in earnings per share, dividends per share, dividend payout ratios, in order to determine the likelihood of future dividend growth and growth in intrinsic value. My basic analysis also focuses on valuation and dividend sustainability.
Over the past week, there were five dividend stocks with a long streak of consecutive annual dividend increases, which raised dividends to shareholders. The companies include:
McCormick & Company, Incorporated (MKC) manufactures, markets, and distributes spices, seasoning mixes, condiments, and other flavorful products to the food industry. It operates through two segments, Consumer and Industrial. The company raised its quarterly dividend by 9.30% to 47 cents/share. This dividend champion has rewarded shareholders with a dividend raise for the past 31 years in a row. Over the past decade, McCormick has raised dividends at a rate of 9.60%/year. This quality company is selling at 23.50 times forward earnings and yields 2.10%. I would be interested in adding to my position in this compounding machine on dips below $76/share. Check my analysis of McCormick for more information about the company.
Over the past week, there were five dividend stocks with a long streak of consecutive annual dividend increases, which raised dividends to shareholders. The companies include:
McCormick & Company, Incorporated (MKC) manufactures, markets, and distributes spices, seasoning mixes, condiments, and other flavorful products to the food industry. It operates through two segments, Consumer and Industrial. The company raised its quarterly dividend by 9.30% to 47 cents/share. This dividend champion has rewarded shareholders with a dividend raise for the past 31 years in a row. Over the past decade, McCormick has raised dividends at a rate of 9.60%/year. This quality company is selling at 23.50 times forward earnings and yields 2.10%. I would be interested in adding to my position in this compounding machine on dips below $76/share. Check my analysis of McCormick for more information about the company.
Friday, December 2, 2016
The best asset class to hold in retirement accounts
Regular readers know that I have assets held in taxable and non-taxable accounts.
Taxable account provide me with more flexibility in the range of investments I can select, and ease of accessing my money at a moments notice. However, I have to pay taxes on dividends and realized capital gains.
Non-taxable accounts ( also referred to as tax-deferred or retirement accounts) allow me to defer paying taxes on investments I have made. These retirement accounts come in all shapes and forms, but generally they allow me to defer paying taxes anywhere from a few decades to indefinitely. Taking money out of them is generally more difficult. It is not impossible however, and worth it, if you are willing to do some planning that will shave years off your journey towards financial independence. This is also not an issue for me, because I am a long-term investor and my investment money is not going to all be needed in a lump sum right away.
I have started to ask myself how to optimize my portfolio better. Deciding which assets belong in taxable accounts, and which belong in retirement accounts is one decision that would help me achieve a more optimized result (translation: more money). I want to make sure I am making the best long term asset placement for my portfolio.
Taxable account provide me with more flexibility in the range of investments I can select, and ease of accessing my money at a moments notice. However, I have to pay taxes on dividends and realized capital gains.
Non-taxable accounts ( also referred to as tax-deferred or retirement accounts) allow me to defer paying taxes on investments I have made. These retirement accounts come in all shapes and forms, but generally they allow me to defer paying taxes anywhere from a few decades to indefinitely. Taking money out of them is generally more difficult. It is not impossible however, and worth it, if you are willing to do some planning that will shave years off your journey towards financial independence. This is also not an issue for me, because I am a long-term investor and my investment money is not going to all be needed in a lump sum right away.
I have started to ask myself how to optimize my portfolio better. Deciding which assets belong in taxable accounts, and which belong in retirement accounts is one decision that would help me achieve a more optimized result (translation: more money). I want to make sure I am making the best long term asset placement for my portfolio.
Wednesday, November 30, 2016
The Walt Disney Company (DIS) Dividend Stock Analysis
The Walt Disney Company (NYSE:DIS) operates as an entertainment company worldwide. The company operates in five segments: Media Networks, Parks and Resorts, Studio Entertainment, Consumer Products, and Interactive. The company is not a typical dividend growth stock, although it has paid dividends since 1957, and has never cut them. Disney is a dividend angel which often raises dividends several years in a row, after which it keeps them unchanged. This is followed by another round of dividend raises again.
The most recent dividend increase was in December 2015, when the Board of Directors approved a 7.60% increase in the semi-annual dividend to 71 cents/share. The largest competitors for Disney include Time Warner (NYSE:TWX), Viacom (NYSE:VIA) and Twenty-First Century Fox (NASDAQ:FOXA).
Over the past decade the stock has delivered an annualized total return of 13.20% to its shareholders. Future returns will be dependent on growth in earnings and dividend yields obtained by shareholders.
The most recent dividend increase was in December 2015, when the Board of Directors approved a 7.60% increase in the semi-annual dividend to 71 cents/share. The largest competitors for Disney include Time Warner (NYSE:TWX), Viacom (NYSE:VIA) and Twenty-First Century Fox (NASDAQ:FOXA).
Over the past decade the stock has delivered an annualized total return of 13.20% to its shareholders. Future returns will be dependent on growth in earnings and dividend yields obtained by shareholders.
Monday, November 28, 2016
Six Dividend Stocks Sending More Cash to Shareholders
Each week I review the list of dividend increases. This is helpful in monitoring existing dividend holdings, and monitoring the breadth of dividend increases across the universe of prominent dividend growth stocks. Dividend increases also provide a proxy for near term expectations for the performance of the underlying businesses. If management continues raising dividends at the same rate as before, without achieving that through increases in the payout ratio, this indicates that they are expecting continued success in the business. If management raises dividends slower than expected, this might be an indication that things are slowing down.
Regular readers know that dividend increases are just one of the things I look for in evaluating companies. I am looking for a company with a strong track record of annual dividend growth, which is supported by growth in earnings per share. If such a company is available at an attractive valuation, it should be analyzed in detail, before being considered for my dividend growth portfolio.
Over the past week, there were six companies that met my minimum requirement for annual dividend increases. The companies include:
Regular readers know that dividend increases are just one of the things I look for in evaluating companies. I am looking for a company with a strong track record of annual dividend growth, which is supported by growth in earnings per share. If such a company is available at an attractive valuation, it should be analyzed in detail, before being considered for my dividend growth portfolio.
Over the past week, there were six companies that met my minimum requirement for annual dividend increases. The companies include:
Tuesday, November 22, 2016
Six Dividend Stocks Rewarding Shareholders with a Raise
Each week, I go through the list of dividend increases in order to monitor performance of existing holdings, and uncover hidden dividend gems. I then narrow down the list by eliminating companies with a dividend growth streak that is less than a decade. I also look at things like trends in earnings per share, dividends per share, dividend payout ratios, in order to determine the likelihood of future dividend growth and growth in intrinsic value. My basic analysis also focuses on valuation and dividend sustainability.
Over the past week, there were six dividend stocks with a long streak of consecutive annual dividend increases, which raised dividends to shareholders. The companies include:
Brown-Forman Corporation (BF.B) manufactures, bottles, imports, exports, markets, and sells various alcoholic beverages worldwide. It provides spirits, wines, ready-to-drink cocktails, whiskey, vodka, tequilas, champagnes, brandy, and liqueur. Last week, the company raised its quarterly dividend by 7.40% to 18.25 cents/share. This marked the 33th consecutive annual dividend increase for this dividend champion. Over the past decade, Brown-Forman has managed to raise its dividends at a rate of 9.40%/year. Currently, the stock is overvalued at 26.10 times forward earnings and yields 1.60%. Brown-Forman would look more appealing on dips below $36/share. Check my analysis of Brown-Forman for more information about the company.
Over the past week, there were six dividend stocks with a long streak of consecutive annual dividend increases, which raised dividends to shareholders. The companies include:
Brown-Forman Corporation (BF.B) manufactures, bottles, imports, exports, markets, and sells various alcoholic beverages worldwide. It provides spirits, wines, ready-to-drink cocktails, whiskey, vodka, tequilas, champagnes, brandy, and liqueur. Last week, the company raised its quarterly dividend by 7.40% to 18.25 cents/share. This marked the 33th consecutive annual dividend increase for this dividend champion. Over the past decade, Brown-Forman has managed to raise its dividends at a rate of 9.40%/year. Currently, the stock is overvalued at 26.10 times forward earnings and yields 1.60%. Brown-Forman would look more appealing on dips below $36/share. Check my analysis of Brown-Forman for more information about the company.
Monday, November 21, 2016
3 Low Volatility Dividend Stocks To Make Staying The Course Easier
This is a guest post written by Ben Reynolds at Sure Dividend. Sure Dividend helps individual investors build high quality dividend growth portfolios from Dividend Aristocrats and other dividend stocks with long histories.
The article Dividend Growth Investors: Stay The Course thoughtfully examines the difficulties of investing in dividend growth stocks when stock prices are falling.
The article discusses how important it is to stay the course and continue building your dividend growth portfolio – even when prices are falling. See below for an excerpt:
“There is a reason why stocks have done much better than bonds in the long-run – they are riskier. With stocks, there is always the chance that there will be violent fluctuations in the price. You can have steep downturns, which can have many weak hands scrambling for the exits. When stock prices go down, many investors assume that something is wrong, they panic and sell. They forget that your upside potential in terms of dividends and capital gains is virtually unlimited.”
“There is a reason why stocks have done much better than bonds in the long-run – they are riskier. With stocks, there is always the chance that there will be violent fluctuations in the price. You can have steep downturns, which can have many weak hands scrambling for the exits. When stock prices go down, many investors assume that something is wrong, they panic and sell. They forget that your upside potential in terms of dividends and capital gains is virtually unlimited.”
The volatility of dividend stocks is what makes staying the course more difficult. The larger the price fluctuations, the harder it is to hold onto a stock.
Friday, November 18, 2016
Starbucks (SBUX) Dividend Stock Analysis
Starbucks Corporation (NASDAQ:SBUX) operates as a roaster, marketer, and retailer of specialty coffee worldwide. The company initiated its dividend in 2010 and has been growing distributions rapidly since then. While the company has only managed to increase dividends for four years in a row, I believe that it has the potential to reach dividend achiever status, and has the growth story to become as successful for its dividend growth investors.
The most recent dividend increase was in November 2016, when the Board of Directors approved a 25% increase in the quarterly dividend to 25 cents/share. The company's competitors include McDonald's (NYSE:MCD), Nestle (OTCPK:NSRGY) and Dunkin Brands (NASDAQ:DNKN).
Since the company initiated a dividend payment in 2010, the stock has returned 315%. Future investment returns will be dependent on growth in earnings and dividend yields obtained by shareholders, as well as the initial valuation locked in at the time of investment.
The most recent dividend increase was in November 2016, when the Board of Directors approved a 25% increase in the quarterly dividend to 25 cents/share. The company's competitors include McDonald's (NYSE:MCD), Nestle (OTCPK:NSRGY) and Dunkin Brands (NASDAQ:DNKN).
Since the company initiated a dividend payment in 2010, the stock has returned 315%. Future investment returns will be dependent on growth in earnings and dividend yields obtained by shareholders, as well as the initial valuation locked in at the time of investment.
Wednesday, November 16, 2016
CVS Health (CVS) Dividend Stock Analysis
CVS Health Corporation (CVS), together with its subsidiaries, provides integrated pharmacy health care services. It operates through Pharmacy Services and Retail/LTC segments. The Pharmacy Services Segment provides a range of pharmacy benefit management (PBM) solutions. The Retail Pharmacy segment includes retail drugstores, online retail pharmacy Websites and its retail healthcare clinics. This dividend achiever has paid a dividend since 1916 and increased it for 13 years in a row.
The most recent dividend increase was in December 2015, when the Board of Directors approved a 21.40% increase in the quarterly dividend to 42.50 cents/share. The largest competitors for Walgreen include Walgreen Boots Alliance (NYSE:WBA), Wal-Mart (NYSE:WMT) and Rite-Aid (NYSE:RAD).
Over the past decade this dividend growth stock has delivered an annualized total return of 11.40% to its shareholders. Future returns will be dependent on growth in earnings and dividend yields obtained by shareholders.
The most recent dividend increase was in December 2015, when the Board of Directors approved a 21.40% increase in the quarterly dividend to 42.50 cents/share. The largest competitors for Walgreen include Walgreen Boots Alliance (NYSE:WBA), Wal-Mart (NYSE:WMT) and Rite-Aid (NYSE:RAD).
Over the past decade this dividend growth stock has delivered an annualized total return of 11.40% to its shareholders. Future returns will be dependent on growth in earnings and dividend yields obtained by shareholders.
Monday, November 14, 2016
Twenty Dividend Champions For Further Research
I have built my portfolio of dividend growth stocks over the past 8 – 9 years, by following a disciplined approach to investing. Having an objective approach has helped me immensely in staying the course, and not panicking and selling out when things looked difficult. As a general rule, dividend growth investors buy stocks to hold for years. Success is the result of an enterprise that is purchased at an attractive valuation, which then manages to grow earnings and dividends over time. This allows the investor to compound wealth and income, and ignore short term price fluctuations. The only exception to avoiding the moody Mr Market is when it offers quality companies at a discount. Getting paid to hold on to stocks has been helpful. Seeing the companies I own thrive, and boosting their dividends is helpful as well.
My process included a few simple steps, such as:
My process included a few simple steps, such as:
Thursday, November 10, 2016
An Investment Plan Helps You Stay The Course
Over the past week, we have seen some crazy turbulence in stock prices.
When I saw S&P 500 futures down by 5% on Election Day, I was not happy. However, I saw it as an opportunity to add to my portfolio. Given the rapid overnight turnaround in stocks by the morning however, I was not able to capitalize on the weakness.
I did absolutely nothing all week, other than to initiate a small position in a few companies the day before. Other than that I didn’t panic on Election Day, and just held to my stocks.
As I have discussed before, I did not panic because I have an investment plan in place. My plan calls for maxing out my retirement accounts every two weeks through my paycheck, and then investing anything that is left over in my taxable portfolios. My investment decisions are mostly driven by availability of fresh capital to put to work, and investment ideas to a certain extent.
When I saw S&P 500 futures down by 5% on Election Day, I was not happy. However, I saw it as an opportunity to add to my portfolio. Given the rapid overnight turnaround in stocks by the morning however, I was not able to capitalize on the weakness.
I did absolutely nothing all week, other than to initiate a small position in a few companies the day before. Other than that I didn’t panic on Election Day, and just held to my stocks.
As I have discussed before, I did not panic because I have an investment plan in place. My plan calls for maxing out my retirement accounts every two weeks through my paycheck, and then investing anything that is left over in my taxable portfolios. My investment decisions are mostly driven by availability of fresh capital to put to work, and investment ideas to a certain extent.
Wednesday, November 9, 2016
Building a Core Dividend Growth Portfolio With These Eight Companies
This is a guest post by Mike, aka The Dividend Guy. He authors The Dividend Guy Blog since 2010 and manages portfolios at Dividend Stocks Rock. He is a passionate dividend investor.
I had the chance to start my investment journey at a relatively young age, I was 22 when I made my first trade on the stock market. Back then, I didn’t have a detailed investment process designed. If there is one thing that I have learned since then is that investing success goes through a solid investment process. If I want to build a strong portfolio, I must have a strong methodology to select the right companies. This is the way to go for any investing strategy, and it is also the case for dividend growth investing.
I’ve noticed that not all dividend investors think the same. To my surprise, there are some important differences between most of us in the manner in which companies are selected. For example, I’m definitely not a yield seeker. In fact, if there is one thing I don’t consider during my investment selecting process, it is the dividend yield! I focus on the dividend growth as a pillar of my investing strategy. I’ve established 7 investing principles around dividend growth to manage my portfolio.
I wanted to share these principles with you by giving you eight examples of companies that meet my investing criteria and should create a solid base for any dividend growth portfolio.
Tuesday, November 8, 2016
My take on HCP’s Dividend Cut
HCP, Inc. (HCP) is a real estate investment trust that invests in properties serving the healthcare industry including sectors of healthcare such as senior housing, life science, medical office, hospital and skilled nursing.
HCP (HCP) spun-off Quality Care Properties (QCP) unit on October 31. Shareholders received a share of QCP for every five shares of HCP they owned. After the spin-off, the company announced its new dividend of 35 cents/share, which was a decrease from 35.70% from the prior dividend of 57.50 cents/share. This ended the 30 year streak of annual dividend increases for this dividend champion. Of course, we do not know whether QCP will be paying a dividend, and what their dividend rate is going to be. If the new dividend was decreased by 20%, I would have viewed it as a dividend freeze, which is fine as the level of income generating assets is decreasing by 20% due to the spin off. Since the dividend decrease was not proportional to the amount of shares that were spun-off, I view it as a dividend cut.
HCP (HCP) spun-off Quality Care Properties (QCP) unit on October 31. Shareholders received a share of QCP for every five shares of HCP they owned. After the spin-off, the company announced its new dividend of 35 cents/share, which was a decrease from 35.70% from the prior dividend of 57.50 cents/share. This ended the 30 year streak of annual dividend increases for this dividend champion. Of course, we do not know whether QCP will be paying a dividend, and what their dividend rate is going to be. If the new dividend was decreased by 20%, I would have viewed it as a dividend freeze, which is fine as the level of income generating assets is decreasing by 20% due to the spin off. Since the dividend decrease was not proportional to the amount of shares that were spun-off, I view it as a dividend cut.
Monday, November 7, 2016
Three Dividend Kings Raising Dividends For 60+ Years
A dividend king, is a company that has managed to boost dividends to shareholders every single year for at least 50 years in a row. There are 19 dividend kings in the US, which is an increase from the end of 2015, as Tootsie Roll (TR) joined the ranks of this elite list earlier this year. There were only ten dividend kings, when I first intriduced the term in 2010. Being a dividend king is an impressive achievement, because the last 50 years were a pretty turbulent time for business. Being a dividend king is not an automatic buy signal however. I believe that each dividend king should be studied in detail by enterprising dividend investors. This is because these companies have managed to survive the calamities and destruction of the past 50 - 60 years, while growing earnings, dividends and shareholder returns.
Over the past week, there were three dividend kings, which raised dividends to their shareholders. Each of these companies has managed to grow dividends per share for at least 60 years in a row. That is an impressive track record. If these dividend streaks were individuals we were talking about, they would have been eligible for Social Security within an year or so each.
The companies include:
Over the past week, there were three dividend kings, which raised dividends to their shareholders. Each of these companies has managed to grow dividends per share for at least 60 years in a row. That is an impressive track record. If these dividend streaks were individuals we were talking about, they would have been eligible for Social Security within an year or so each.
The companies include:
Friday, November 4, 2016
Timing the Market Is Costly, Risky and Difficult
I invest for the long term. In my case, assuming I make it to my 80s, I am investing for the next 50 years. Incidentally, this period is much longer than the amount of time I have been alive on this earth. And looking back at the past 50 years, I am pretty certain that few people from 1966 would have predicted the things that happened between 1966 and 2016. Yet the 30 year old from 1966 probably had to make some estimates about life in the 2010s, despite not knowing what the future entails. I am in the same boat today.
Because I invest for the long run, I can afford to ignore stock price fluctuations, but instead focus my attention to investments that could generate the maximum amount of benefit for me for the next 40 – 50 years.
This very likely means that I will not be able to correctly predict any of the future bear markets we will experience from now until 2066. Therefore, it is unlikely that I will be able to sell high, and then buy low. Noone can do that successfully anyway. Market timing is a fools game.
I believe that investors should simply stay the course. When you try to buy and sell too actively, you increase the risk of making a mistake by an exponential factor. This means that people who sell today in anticipation of a correction will either:
1) Sell out too early. By the time a full blown correction/bear market happens, this person may be able to buy low, but they may end up doing as well as someone who simply stayed the course. This is costly, because this investor may get into the habit of forecasting tops, and missing out on future rebounds in economic and business activity.
2) Get out of equities on time perfectly, and then buying back on time perfectly. If this happens once in an investors timeframe, it is unlikely to be repeated again. You get lucky once, but chances are you will be unlikely to get lucky again. I got lucky once, but the amount of capital I had was much lower than today.
3) Get out of equities at the right time, but you end up buying back at the first dip. Then you watch your equities go down more, kicking yourself about your decision.
4) Get out of equities at the right time, and you end up missing out on the bottom, because you think that stocks will go even lower.
As you know, I have been writing about investments for about 9 years. I have observed a lot of investors in the meantime. Many were feeling uneasy about the financial crisis in 2007 – 2008. I am aware that some may have sold early, or too late. The problem is that many of those investors who sold, didn’t get back into stocks at all, or went back to stocks several years after the bottom in 2009. This was when prices were much higher. I am also aware that there are many permabears, which have been forecasting doom and gloom since at least the late 1980s and early 1990s. These people have missed out on a great run in equities. The funniest thing about permabears is that they only look at stock price graphs when they evaluate when to buy and when to sell. They completely ignore dividends, and the power of reinvested dividends.
Dividends have historically accounted for 40% of annual stock returns. If you miss out on the power of reinvested dividends over long periods of time, you are missing out on the power of compounding. For example, if you have a stock yielding 6%, that never grows dividends, and never increases in price, a stock chartist would call this stock a dog and ignore it. But a patient long-term holder who reinvests dividends will have doubled their money in 12 years. The power of reinvested dividends is the reason why S&P 500 investor who bought right before the Crash of 1929 would have recovered by 1944.
Other reasons against selling include my experience, where I have found that the companies I have sold for one reason or another, turned out to do much better than the companies I replaced them with. This is a common finding from academic finance as well. The only thing that is certain when you trade too much is that you will pay a lot in commission and taxes. As we have seen with actual examples from the worst mutual fund in history, these are great ways to squander your capital. On the other hand, the static portfolio of blue chip dividend stocks that was set up in 1935 for the Corporate Leaders Trust has done phenomenally well for its investors.
All of this pondering made me start thinking about the future.
For example, I have reached my level of net worth and income, after accumulating assets for a little over nine years. I had done this in an effort to get to a point where I could be financially independent (FI). FI doesn’t mean doing nothing for me however. I may actually end up working much harder, once I have the security/safety net that a nest egg provides.
If I continue working and saving for another decade, I may essentially look at a future amount of cash savings, which may be equivalent to the amount of net worth I have today. So in reality, I have 85 – 90% of my net worth in stocks today, and 10% - 15% in fixed income. Over that next decade, I may earn and save an amount equivalent to 100% of my present day portfolio value. Those savings all come to me in the form of cash. This means that if you look at it from accrual accounting point of view, I have less than a 50% allocation to equities in 2026. If I then work for an additional 10 years, and my equities continue not growing, I will end up with something like 2/3rds of my money in 2036 in fixed income. (given the low interest rates, discounting at 2% will not materially alter these asset allocation percentages). This means that for someone who plans to save for at least a decade, and has invested for a decade prior to that, chances are that they are only halfway done with their journey. So given the relative low amount of current investments, relative to their full future potential, timing the markets may not be as worthwhile to you, even if your investment skills are much better than those of George Soros. It is time in the market that would do the magic for your future self.
Let’s put this example in dollars, as percentages could be confusing. Imagine that an investor today has a portfolio worth $200,000 today. They accumulated that over the past decade. Now let’s assume that this person can save $20,000/year ( let’s assume these are all real dollars that never lose value to inflation). This means that this person will have accumulated $400,000 within a decade ( $200,000 today and $200,000 over ten years). In reality, as peoples incomes grow over time, they may be able to actually save more as long as they are working.
This of course is a ridiculous way to look at things. But I have a point, I promise.
All I am trying to do is show that timing the market is an inferior strategy to time in the market. I define time in the market as the ability to plow money into your stock portfolio every two weeks or once per month (whenever you have the money to do so). This method of dollar cost averaging takes care of the ups and downs in stocks, makes sure the investor is invested at all times, and they are simply buying and holding for the long term. Countless studies have shown that the passive long-term buying and holding of equities can deliver a higher chance of wealth for the vast majority of investors out there, than actively trading in and out of investments. Dollar cost averaging is an investment process that is replicable/repeatable by anyone, and does not require any specialized investment skills, other than patience of course. Timing the market can only be done successfully by a very tiny minority of individuals out there.
I just wanted to show you that the amount of cash you may be trying to time the market with today is small relative to the amount of earnings power you will have to deploy at some point in your investing career. So rather than endlessly worry about timing the ups and downs of the stock market, and stock market crashes, you should worry about staying the course, and making sure you nest egg compounds so that it can provide for you in the future. It is unlikely that keeping most of your nest egg in cash or fixed income for extended periods of time would maintain its purchasing power.
Several investors I follow today are selling off large chunks of their equities, because they believe that “the stock market is overvalued”. I disagree with them that this is a good way to invest. This is because many of the indicators being cited are not good predictors of future performance. For example, the widely followed Schiller CAPE has not been found useful in timing the market (Source: Prof Damodaran). Research has shown that merely buying and holding has done better consistently than timing with CAPE. I have previously also discussed that the Schiller P/E is not useful to investors.
Let's walk through a few hypothetical examples. Imagine that you graduated college and started work in 1994. You then plow $10,000/year and put it into S&P 500 at the end of every year. By the end of 1999 you feel uneasy. You decide to sell everything and keep it in cash, waiting for a bear market.
You keep saving $10,000/year, and manage to put everything to work at the end of 2002. You then reinvest everything until the end of 2015. By the end of 2015 you have a net worth of $714,000.
Let’s compare that to a friend who simply reinvested $10,000/year into S&P 500 from end of 1994 to 2015. They would have a net worth of $521,000.
And let’s compare that to a friend who also started in 1994, and reinvested everything through 2007. The friend then sold out at the end of 2007, and kept everything in cash afterwards. They would have a little less than $319,000 in their possession by the end of 2015.
As you can see, there is a difference if you were able to call in the dot-com bubble early, and buy at the bottom, over buy and hold. The difference amounts to a little over $200,000. Unfortunately, if you were able to call in the 2007 top, but failed to put that money to work for you afterwards, you would have lagged a simple buy and hold strategy by $200,000. And if you panicked when Lehman went under in the middle of September 2008, sold out of everything, and never went back to investing, you may be even poorer.
While you may end up doing better than a buy & hold investors if you are a good timer, this opportunity is not “free” because you are taking substantial risks in the process. The risk is that in your trying to get that extra $200,000, you may actually make an error and end up costing yourself $200,000 (or even a higher amount). Even if you add in modest interest rates paid for holding cash, the opportunity cost of an error still looks very large.
I didn’t even calculate the opportunity missed for someone who merely stockpiled $10,000 in cash each year since 1994, merely because the stock market "was too high". And based on reviews of books and articles from the 1990s I have done, there were a lot of people who thought that stocks were “high” as early as the mid 1990s (some have been bearish on stocks as early as the early 1980s). If you sold out at the end of 1994, because the “stock market was high”, you would have missed out on more than quintupling your money (five times).
In case you think I am too harsh on those who sold out, I want to remind you that I actually hope they are correct, and we do get a bear market soon. If stock prices go down 15% - 20% from here, it would present a good opportunity for long-term investors in the accumulation stage like myself. When your future retirement income is available at a discount, you should get happy. Who wouldn’t like to have great companies, available at a discount?
I do disagree with those who are selling today, and hoping for lower prices, which may or may not arrive. And they may or may not take the advantage of those lower prices. But the decline in stock prices will definitely be taken advantage of, by patient buy and hold investors in the accumulation phase. The only super power you need to have, is the patience to continue executing your plan, even if you are under fire.
I am still holding on to my stocks ( directly in taxable accounts and through mutual funds in my 401 (k)) because I believe that equities will provide decent returns over the next decade. While there has been some short-term weakness in revenues, and profits for companies, a large part of that could traced back to the strong US dollar, weak international economies, and the weakness in energy prices ( which affects energy companies, and many developing companies that export commodities)
The reason why I am holding, despite the fact that equities may “look overvalued” is because:
1) Equities offer a better reward potential for the risk you take, relative to fixed income.
2) I believe equity earnings in 2026 will be higher than earnings in 2016.
3) I believe that dividends in 2026 will be higher than those in 2016, driven by fundamentals in point 2) above
4) I believe that higher earnings in 2026 will increase the value of companies I own in my portfolio
5) I am getting paid a 2% - 3% dividend per year to hold on to my stocks
6) I believe that all of this could translate into an equity portfolio doubling in value within the next 10 - 12 years
7) If I panic and sell, I will miss out on the power of compounding, and I will be selling low
8) By sitting still, I am taking advantage of the power of compounding in income and wealth accumulation. If prices fall from here, I will take advantage of them, by buying low. If prices go up from here, I will have kept a large portion of my assets invested at lower prices ( between 2007/8 - 2016).
9) It makes sense to hold some fixed income for diversification purposes, depending on age, risk tolerance etc. But this should not be used as a timing tool – in other words the percentage of my portfolio allocated to fixed income should stay relatively constant from year to year. In my case, I do not expect to own more than 20% in fixed income, until I am in my late 30s/early 40s (unless I plan to make a major purchase, such as a house, as it requires a 20% downpayment). If I get older, I may end up owning a little more fixed income as well, which is typical asset allocation advice.
Relevant Articles:
- Time in the Market Trumps Timing the Market
- Preparing for a Stock Market Correction
- Interest Rates Affect Stock Valuations
- How Dividend Growth Investors can prosper even if interest rates increase
- Time in the market is your greatest ally in investing
Because I invest for the long run, I can afford to ignore stock price fluctuations, but instead focus my attention to investments that could generate the maximum amount of benefit for me for the next 40 – 50 years.
This very likely means that I will not be able to correctly predict any of the future bear markets we will experience from now until 2066. Therefore, it is unlikely that I will be able to sell high, and then buy low. Noone can do that successfully anyway. Market timing is a fools game.
I believe that investors should simply stay the course. When you try to buy and sell too actively, you increase the risk of making a mistake by an exponential factor. This means that people who sell today in anticipation of a correction will either:
1) Sell out too early. By the time a full blown correction/bear market happens, this person may be able to buy low, but they may end up doing as well as someone who simply stayed the course. This is costly, because this investor may get into the habit of forecasting tops, and missing out on future rebounds in economic and business activity.
2) Get out of equities on time perfectly, and then buying back on time perfectly. If this happens once in an investors timeframe, it is unlikely to be repeated again. You get lucky once, but chances are you will be unlikely to get lucky again. I got lucky once, but the amount of capital I had was much lower than today.
3) Get out of equities at the right time, but you end up buying back at the first dip. Then you watch your equities go down more, kicking yourself about your decision.
4) Get out of equities at the right time, and you end up missing out on the bottom, because you think that stocks will go even lower.
As you know, I have been writing about investments for about 9 years. I have observed a lot of investors in the meantime. Many were feeling uneasy about the financial crisis in 2007 – 2008. I am aware that some may have sold early, or too late. The problem is that many of those investors who sold, didn’t get back into stocks at all, or went back to stocks several years after the bottom in 2009. This was when prices were much higher. I am also aware that there are many permabears, which have been forecasting doom and gloom since at least the late 1980s and early 1990s. These people have missed out on a great run in equities. The funniest thing about permabears is that they only look at stock price graphs when they evaluate when to buy and when to sell. They completely ignore dividends, and the power of reinvested dividends.
Dividends have historically accounted for 40% of annual stock returns. If you miss out on the power of reinvested dividends over long periods of time, you are missing out on the power of compounding. For example, if you have a stock yielding 6%, that never grows dividends, and never increases in price, a stock chartist would call this stock a dog and ignore it. But a patient long-term holder who reinvests dividends will have doubled their money in 12 years. The power of reinvested dividends is the reason why S&P 500 investor who bought right before the Crash of 1929 would have recovered by 1944.
Other reasons against selling include my experience, where I have found that the companies I have sold for one reason or another, turned out to do much better than the companies I replaced them with. This is a common finding from academic finance as well. The only thing that is certain when you trade too much is that you will pay a lot in commission and taxes. As we have seen with actual examples from the worst mutual fund in history, these are great ways to squander your capital. On the other hand, the static portfolio of blue chip dividend stocks that was set up in 1935 for the Corporate Leaders Trust has done phenomenally well for its investors.
All of this pondering made me start thinking about the future.
For example, I have reached my level of net worth and income, after accumulating assets for a little over nine years. I had done this in an effort to get to a point where I could be financially independent (FI). FI doesn’t mean doing nothing for me however. I may actually end up working much harder, once I have the security/safety net that a nest egg provides.
If I continue working and saving for another decade, I may essentially look at a future amount of cash savings, which may be equivalent to the amount of net worth I have today. So in reality, I have 85 – 90% of my net worth in stocks today, and 10% - 15% in fixed income. Over that next decade, I may earn and save an amount equivalent to 100% of my present day portfolio value. Those savings all come to me in the form of cash. This means that if you look at it from accrual accounting point of view, I have less than a 50% allocation to equities in 2026. If I then work for an additional 10 years, and my equities continue not growing, I will end up with something like 2/3rds of my money in 2036 in fixed income. (given the low interest rates, discounting at 2% will not materially alter these asset allocation percentages). This means that for someone who plans to save for at least a decade, and has invested for a decade prior to that, chances are that they are only halfway done with their journey. So given the relative low amount of current investments, relative to their full future potential, timing the markets may not be as worthwhile to you, even if your investment skills are much better than those of George Soros. It is time in the market that would do the magic for your future self.
Let’s put this example in dollars, as percentages could be confusing. Imagine that an investor today has a portfolio worth $200,000 today. They accumulated that over the past decade. Now let’s assume that this person can save $20,000/year ( let’s assume these are all real dollars that never lose value to inflation). This means that this person will have accumulated $400,000 within a decade ( $200,000 today and $200,000 over ten years). In reality, as peoples incomes grow over time, they may be able to actually save more as long as they are working.
This of course is a ridiculous way to look at things. But I have a point, I promise.
All I am trying to do is show that timing the market is an inferior strategy to time in the market. I define time in the market as the ability to plow money into your stock portfolio every two weeks or once per month (whenever you have the money to do so). This method of dollar cost averaging takes care of the ups and downs in stocks, makes sure the investor is invested at all times, and they are simply buying and holding for the long term. Countless studies have shown that the passive long-term buying and holding of equities can deliver a higher chance of wealth for the vast majority of investors out there, than actively trading in and out of investments. Dollar cost averaging is an investment process that is replicable/repeatable by anyone, and does not require any specialized investment skills, other than patience of course. Timing the market can only be done successfully by a very tiny minority of individuals out there.
I just wanted to show you that the amount of cash you may be trying to time the market with today is small relative to the amount of earnings power you will have to deploy at some point in your investing career. So rather than endlessly worry about timing the ups and downs of the stock market, and stock market crashes, you should worry about staying the course, and making sure you nest egg compounds so that it can provide for you in the future. It is unlikely that keeping most of your nest egg in cash or fixed income for extended periods of time would maintain its purchasing power.
Several investors I follow today are selling off large chunks of their equities, because they believe that “the stock market is overvalued”. I disagree with them that this is a good way to invest. This is because many of the indicators being cited are not good predictors of future performance. For example, the widely followed Schiller CAPE has not been found useful in timing the market (Source: Prof Damodaran). Research has shown that merely buying and holding has done better consistently than timing with CAPE. I have previously also discussed that the Schiller P/E is not useful to investors.
Let's walk through a few hypothetical examples. Imagine that you graduated college and started work in 1994. You then plow $10,000/year and put it into S&P 500 at the end of every year. By the end of 1999 you feel uneasy. You decide to sell everything and keep it in cash, waiting for a bear market.
You keep saving $10,000/year, and manage to put everything to work at the end of 2002. You then reinvest everything until the end of 2015. By the end of 2015 you have a net worth of $714,000.
Let’s compare that to a friend who simply reinvested $10,000/year into S&P 500 from end of 1994 to 2015. They would have a net worth of $521,000.
And let’s compare that to a friend who also started in 1994, and reinvested everything through 2007. The friend then sold out at the end of 2007, and kept everything in cash afterwards. They would have a little less than $319,000 in their possession by the end of 2015.
As you can see, there is a difference if you were able to call in the dot-com bubble early, and buy at the bottom, over buy and hold. The difference amounts to a little over $200,000. Unfortunately, if you were able to call in the 2007 top, but failed to put that money to work for you afterwards, you would have lagged a simple buy and hold strategy by $200,000. And if you panicked when Lehman went under in the middle of September 2008, sold out of everything, and never went back to investing, you may be even poorer.
While you may end up doing better than a buy & hold investors if you are a good timer, this opportunity is not “free” because you are taking substantial risks in the process. The risk is that in your trying to get that extra $200,000, you may actually make an error and end up costing yourself $200,000 (or even a higher amount). Even if you add in modest interest rates paid for holding cash, the opportunity cost of an error still looks very large.
I didn’t even calculate the opportunity missed for someone who merely stockpiled $10,000 in cash each year since 1994, merely because the stock market "was too high". And based on reviews of books and articles from the 1990s I have done, there were a lot of people who thought that stocks were “high” as early as the mid 1990s (some have been bearish on stocks as early as the early 1980s). If you sold out at the end of 1994, because the “stock market was high”, you would have missed out on more than quintupling your money (five times).
In case you think I am too harsh on those who sold out, I want to remind you that I actually hope they are correct, and we do get a bear market soon. If stock prices go down 15% - 20% from here, it would present a good opportunity for long-term investors in the accumulation stage like myself. When your future retirement income is available at a discount, you should get happy. Who wouldn’t like to have great companies, available at a discount?
I do disagree with those who are selling today, and hoping for lower prices, which may or may not arrive. And they may or may not take the advantage of those lower prices. But the decline in stock prices will definitely be taken advantage of, by patient buy and hold investors in the accumulation phase. The only super power you need to have, is the patience to continue executing your plan, even if you are under fire.
I am still holding on to my stocks ( directly in taxable accounts and through mutual funds in my 401 (k)) because I believe that equities will provide decent returns over the next decade. While there has been some short-term weakness in revenues, and profits for companies, a large part of that could traced back to the strong US dollar, weak international economies, and the weakness in energy prices ( which affects energy companies, and many developing companies that export commodities)
The reason why I am holding, despite the fact that equities may “look overvalued” is because:
1) Equities offer a better reward potential for the risk you take, relative to fixed income.
2) I believe equity earnings in 2026 will be higher than earnings in 2016.
3) I believe that dividends in 2026 will be higher than those in 2016, driven by fundamentals in point 2) above
4) I believe that higher earnings in 2026 will increase the value of companies I own in my portfolio
5) I am getting paid a 2% - 3% dividend per year to hold on to my stocks
6) I believe that all of this could translate into an equity portfolio doubling in value within the next 10 - 12 years
7) If I panic and sell, I will miss out on the power of compounding, and I will be selling low
8) By sitting still, I am taking advantage of the power of compounding in income and wealth accumulation. If prices fall from here, I will take advantage of them, by buying low. If prices go up from here, I will have kept a large portion of my assets invested at lower prices ( between 2007/8 - 2016).
9) It makes sense to hold some fixed income for diversification purposes, depending on age, risk tolerance etc. But this should not be used as a timing tool – in other words the percentage of my portfolio allocated to fixed income should stay relatively constant from year to year. In my case, I do not expect to own more than 20% in fixed income, until I am in my late 30s/early 40s (unless I plan to make a major purchase, such as a house, as it requires a 20% downpayment). If I get older, I may end up owning a little more fixed income as well, which is typical asset allocation advice.
Relevant Articles:
- Time in the Market Trumps Timing the Market
- Preparing for a Stock Market Correction
- Interest Rates Affect Stock Valuations
- How Dividend Growth Investors can prosper even if interest rates increase
- Time in the market is your greatest ally in investing
Wednesday, November 2, 2016
Avoiding High Portfolio Ownership of Successful Investments
I have been investing in dividend growth stocks for the past decade. There have been hundreds of other fellow dividend investors, who have also invested in dividend paying companies over the same period of time. There are some, who have invested for even a longer amount of time. Unfortunately, when you invest for a long time, you may end up with a few very successful positions, which account for a disproportionate amount of your portfolio. The question I have been getting recently has been what to do in this situation. I would note that this problem generally happens to investors who are not adding money to their portfolios anymore. A few examples cited include Realty Income (O), V.F. Corporation (VFC) and Altria (MO), which have delivered fantastic returns since 2008 - 2009.
This of course is a great problem to have. If you are a long-term investor, it is very much possible that after a decade or two of patient investing, the power of compounding will result in many companies which not only pay more and more in annual dividend income, but also result in large unrealized gains for the stockholder. As a result, there may be several companies in your portfolio, which could end up with a very large portfolio weight. In my opinion, you own too much in an individual security if it accounts for more than 4% - 5% of your portfolio’s value.
This article only deals with individual stocks/securities – it is not relevant to mutual funds or exchange traded funds. In some situations like these, investors end up putting their whole portfolio in just one diversified fund, and this could actually be a prudent move from a diversification perspective.
This of course is a great problem to have. If you are a long-term investor, it is very much possible that after a decade or two of patient investing, the power of compounding will result in many companies which not only pay more and more in annual dividend income, but also result in large unrealized gains for the stockholder. As a result, there may be several companies in your portfolio, which could end up with a very large portfolio weight. In my opinion, you own too much in an individual security if it accounts for more than 4% - 5% of your portfolio’s value.
This article only deals with individual stocks/securities – it is not relevant to mutual funds or exchange traded funds. In some situations like these, investors end up putting their whole portfolio in just one diversified fund, and this could actually be a prudent move from a diversification perspective.
Monday, October 31, 2016
Four Dividend Champions On Sale
I usually look at dividend growth stocks and their dividend increases every week, as part of my portfolio monitoring process. In this weekly review, I have highlighted four dividend champions, which recently raised distributions. The common denominator behind each of these dividend champions is that they seem attractively valued today.
The reason why these companies appear attractively valued in an otherwise expensive marketplace for securities, is because market participants have doubts about each of these companies and their earnings prospects. It is up to the enterprising dividend investor to analyze those opportunities, and determine if they are appropriate additions for their income portfolios.
As a rule, I try to invest at attractive entry valuations in companies that have a track record of annual dividend increases, which is fueled by earnings growth. The goal is to buy such a company without overpaying for it,to hold on to it, as it earns more, and pays me a dividend to hold to it.
The four companies in question include:
The reason why these companies appear attractively valued in an otherwise expensive marketplace for securities, is because market participants have doubts about each of these companies and their earnings prospects. It is up to the enterprising dividend investor to analyze those opportunities, and determine if they are appropriate additions for their income portfolios.
As a rule, I try to invest at attractive entry valuations in companies that have a track record of annual dividend increases, which is fueled by earnings growth. The goal is to buy such a company without overpaying for it,to hold on to it, as it earns more, and pays me a dividend to hold to it.
The four companies in question include:
Friday, October 28, 2016
The best decision I ever made
In January 2009, I found myself without a job. But I wasn’t worried.
I had graduated school in 2007 with $2,000 in cash, which I promptly spent on a used car that drained all my money away. I then found a job, and saved up approximately 70% of my paychecks. I put enough money to get the company match on the 401 (k), and put the remainder in Certificates of Deposit. Yields on those CD’s back then were over 5%/year. I had no idea where to invest the money, so I was researching it furiously. Inflation was running high, and the first cracks of the housing bubble had started to appear.
I knew stocks went up 10%/year. The problem was that they didn’t go up every year. Sometimes, stock prices went nowhere for extended periods of time, as they did between 2000 – 2012, or 1966 – 1982. I also knew I didn’t want to spend my whole life working at a job if I didn’t want to.
So I needed a source of cash that was passive in nature, and is relatively stable in the amount and timing. Interest income seemed fine, except for it was heavily taxed as ordinary income and seemed to be losing purchasing power over time. I knew that if I didn’t want to work at some point in time, it would be helpful to have income producing assets, which will generate income to live off. I was very lucky that I sometimes had downtime at my work, so I could research things. This is when I read a lot of studies on long-term performance of US stocks. I also found a lot of blogs, many of which I still read today.
I had graduated school in 2007 with $2,000 in cash, which I promptly spent on a used car that drained all my money away. I then found a job, and saved up approximately 70% of my paychecks. I put enough money to get the company match on the 401 (k), and put the remainder in Certificates of Deposit. Yields on those CD’s back then were over 5%/year. I had no idea where to invest the money, so I was researching it furiously. Inflation was running high, and the first cracks of the housing bubble had started to appear.
I knew stocks went up 10%/year. The problem was that they didn’t go up every year. Sometimes, stock prices went nowhere for extended periods of time, as they did between 2000 – 2012, or 1966 – 1982. I also knew I didn’t want to spend my whole life working at a job if I didn’t want to.
So I needed a source of cash that was passive in nature, and is relatively stable in the amount and timing. Interest income seemed fine, except for it was heavily taxed as ordinary income and seemed to be losing purchasing power over time. I knew that if I didn’t want to work at some point in time, it would be helpful to have income producing assets, which will generate income to live off. I was very lucky that I sometimes had downtime at my work, so I could research things. This is when I read a lot of studies on long-term performance of US stocks. I also found a lot of blogs, many of which I still read today.
Wednesday, October 26, 2016
How I plan to retire in a decade
There are three levers behind financial independence. The first lever is earning more, and the second lever is spending less. The difference between earnings and spending is the savings we use to invest. Investing is the third lever. I have found that by focusing on these three items exclusively since 2007 – 2008, I am on track to reach financial independence somewhere around 2018. This doesn't mean that I would do nothing - it just means I would have the extra security and the option to live my life on my own terms.
I believe that achieving this goal is not an act of randomness, but an act of careful planning, execution and living life in a way that fosters building wealth. In addition, it is important to have systems, which are essential to living life in a way that fosters building wealth.
Earning
It is extremely difficult to find money to invest, if you have no money to pay for your expenses. This is where finding a decently paying job is important. I have always earned average income. In fact, my base pretax - salary never really exceeded $60,000/year until 2014/2015.
I have focused on earning more however. I have achieved this by starting this site, which has made money in the past. I have also hustled by opening bank and brokerage accounts, as well as credit cards.
By investing my savings in dividend paying stocks, my level of passive dividend income has been increasing exponentially.
I believe that achieving this goal is not an act of randomness, but an act of careful planning, execution and living life in a way that fosters building wealth. In addition, it is important to have systems, which are essential to living life in a way that fosters building wealth.
Earning
It is extremely difficult to find money to invest, if you have no money to pay for your expenses. This is where finding a decently paying job is important. I have always earned average income. In fact, my base pretax - salary never really exceeded $60,000/year until 2014/2015.
I have focused on earning more however. I have achieved this by starting this site, which has made money in the past. I have also hustled by opening bank and brokerage accounts, as well as credit cards.
By investing my savings in dividend paying stocks, my level of passive dividend income has been increasing exponentially.
Monday, October 24, 2016
Six Dividend Machines Boosting Dividends
With dividend growth investing, the goal is identify a company that grows earnings and distributions, and then purchase that company, without overpaying dearly for its prospects. A rising stream of dividend income is just one of the outcomes of a successful business for further research. Investing in dividend growth stocks is a long-term endeavor, which benefits only those who are willing to patiently sit and compound their wealth and income for decades.
One way to monitor progress is by evaluating how earnings and dividends are growing once per year. If a company’s management is growing dividends, this shows their bullishness on the company’s intermediate term business prospects.
Over the past week, there were several companies with established track records of annual dividend increases, which continued their streak of annual dividend increases. The companies include:
One way to monitor progress is by evaluating how earnings and dividends are growing once per year. If a company’s management is growing dividends, this shows their bullishness on the company’s intermediate term business prospects.
Over the past week, there were several companies with established track records of annual dividend increases, which continued their streak of annual dividend increases. The companies include:
Friday, October 21, 2016
How to Grow Dividend Income Much Faster With Tax Advantaged Accounts
When I was doing my taxes for 2012, I realized that tax expenses were larger than my living expenses. I realized that in order to correct this, I need to legally minimize as much of taxes today as possible. I achieved that by maxing out all tax deferred accounts within my reach.
Since my epiphany in 2013 on the benefits of tax-deferred accounts, I have plowed most of my dollars into my 401 (k), Heatlh Savings Account (HSA), Roth IRA and SEP IRAs. I have noticed that since those moves, my dividend income and net worth increased much faster than before. This was not simply due to the bull market we experienced. It was because I just dutifully put money to work every two weeks or so, and let it sit there without touching it. In addition, the tax incentives really increased my net dividend income, and the amount I have to reinvest back.
For example, assume that all I can invest is $21,000/year. If I invested that in dividend stocks yielding 3%, I would generate $630 in annual dividend income. The types of dividend growth stocks that could make up this portfolio could include the likes of:
Since my epiphany in 2013 on the benefits of tax-deferred accounts, I have plowed most of my dollars into my 401 (k), Heatlh Savings Account (HSA), Roth IRA and SEP IRAs. I have noticed that since those moves, my dividend income and net worth increased much faster than before. This was not simply due to the bull market we experienced. It was because I just dutifully put money to work every two weeks or so, and let it sit there without touching it. In addition, the tax incentives really increased my net dividend income, and the amount I have to reinvest back.
For example, assume that all I can invest is $21,000/year. If I invested that in dividend stocks yielding 3%, I would generate $630 in annual dividend income. The types of dividend growth stocks that could make up this portfolio could include the likes of:
Wednesday, October 19, 2016
Can Apple become a dividend growth stock?
Apple Inc. (AAPL) designs, manufactures, and markets mobile communication and media devices, personal computers, and portable digital music players to consumers, small and mid-sized businesses, education, and enterprise and government customers worldwide. The company is the largest publicly traded company in the US by market capitalization. The company started paying a dividend in 2012, and has been raising it every year since then.
The company has done really well to its shareholders over the past decade, compounding at 27.62%/year for its shareholders. This performance is unlikely to be repeated over the next decade.
This was due to the fact that popularity for its products was exploding, and the company was unveiling new premium products to satisfy consumer needs. Examples include the iPhone and the iPad. All of this resulted in massive growth in earnings per share from 32 cents in 2006 to $9.22/share in 2015. The company is expected to earn $8.25/share in 2016 and $9.02/share in 2017.
The company has done really well to its shareholders over the past decade, compounding at 27.62%/year for its shareholders. This performance is unlikely to be repeated over the next decade.
This was due to the fact that popularity for its products was exploding, and the company was unveiling new premium products to satisfy consumer needs. Examples include the iPhone and the iPad. All of this resulted in massive growth in earnings per share from 32 cents in 2006 to $9.22/share in 2015. The company is expected to earn $8.25/share in 2016 and $9.02/share in 2017.
Monday, October 17, 2016
Two Dividend Growth Stocks Showering Investors With More Cash
I believe in a bottom up method of evaluating each individual holding separately, and then if it holds up, not worrying about the portfolio as whole. Each week I monitor the list of dividend growth stocks that raise dividends. I use this as one of the procedures for monitoring my dividend portfolio holdings. Other ways to monitor your dividend growth holdings includes reviewing trends in earnings per share, dividend payout ratios, returns on equity and checking the story for major news such as acquisitions, mergers, divestments etc. In general, if you purchase a security at attractive valuations, you avoid overpaying for it, and that security grows earnings per share over time, it will deliver dividend growth and it will likely increase in intrinsic value. This is how a business owner evaluates a business by the way.
There were two companies that managed to raise dividends over the past week, which had at least a ten year track record of annual dividend increases. The companies include:
There were two companies that managed to raise dividends over the past week, which had at least a ten year track record of annual dividend increases. The companies include:
Friday, October 14, 2016
The Best Broker for Dividend Investors: Interactive Brokers
For the first three to four years of my transformation into dividend growth investing, I managed to develop a process of identifying attractive companies with prospects for further increases in passive dividend income. I managed to pay very little in commissions, since I was using brokers such as Zecco, which offered approximately 10 free trades every month. Since then, I kept adding money to other brokers, but was not able to find another company which offered low costs for me. This resulted in limitation on number of companies I can invest in every single month, despite the fact that I usually had more than 15-20 ideas at all times. I felt limited in the number of companies I can purchase every month, given that most brokers:
1) charge somewhere between $5 and $10 per online trade these days,
2) the fact that I do not want to pay more than 0.50% in commission costs per each transaction, and
3) the fact that I have a limit on the amount of funds I can contribute each month,
I believe that looking for great investments is important, but so is keeping costs to the minimum. Dividend investing is a business, and as the business owner my job is to keep expenses to the bone.
1) charge somewhere between $5 and $10 per online trade these days,
2) the fact that I do not want to pay more than 0.50% in commission costs per each transaction, and
3) the fact that I have a limit on the amount of funds I can contribute each month,
I believe that looking for great investments is important, but so is keeping costs to the minimum. Dividend investing is a business, and as the business owner my job is to keep expenses to the bone.
Wednesday, October 12, 2016
Two Dividend Growth Stocks On My Radar
In the past few days, I have noticed that a couple of dividend growth stocks have been selling at lower prices than before. Those are companies that have managed to grow earnings, and dividends over time. These companies are usually overvalued, but recent weakness has brought them closer to fair value territory. I would be interested in each one of those companies on dips below 20 times earnings. The companies include:
V.F. Corporation (VFC) engages in the design, production, procurement, marketing, and distribution of branded lifestyle apparel, footwear, and related products in the United States and Europe.
This dividend champion has increased dividends for 43 years in a row. Over the past decade, it has managed to boost dividends at a rate of 17.10%/year.
The company earned $2.85/share in 2015, and is expected to grow earnings to $3.20 in 2016 and $3.57 in 2017.
Currently, the stock is selling for 17.10 times expected earnings and yields 2.40%. Check my last analysis of V.F. Corporation for more information about the company.
V.F. Corporation (VFC) engages in the design, production, procurement, marketing, and distribution of branded lifestyle apparel, footwear, and related products in the United States and Europe.
This dividend champion has increased dividends for 43 years in a row. Over the past decade, it has managed to boost dividends at a rate of 17.10%/year.
The company earned $2.85/share in 2015, and is expected to grow earnings to $3.20 in 2016 and $3.57 in 2017.
Currently, the stock is selling for 17.10 times expected earnings and yields 2.40%. Check my last analysis of V.F. Corporation for more information about the company.
Monday, October 10, 2016
Four Companies Rewarding Shareholders with a raise
I invest in companies that have a long track record of annual dividend increases. This is usually a result of a strong business model, that is fueled by earnings growth. I try to build a diversified portfolio of dividend growth stocks over time, and try to avoid overpaying for investments.
One of the ways to monitor dividend growth stocks is by checking the dividend increases. A company that has a culture of regularly raising dividends, is very likely to continue raising them. A company with a culture of regular annual dividend increases that reduces dividends is sending a signal that something has changed. Either way, it is important to monitor the fundamental position of the enterprise, in order to determine if dividends are sustainable, and if further dividend growth is probable.
There were four companies that raised dividends over the past week. Each one has managed to boost dividends for at least a decade. The companies include:
One of the ways to monitor dividend growth stocks is by checking the dividend increases. A company that has a culture of regularly raising dividends, is very likely to continue raising them. A company with a culture of regular annual dividend increases that reduces dividends is sending a signal that something has changed. Either way, it is important to monitor the fundamental position of the enterprise, in order to determine if dividends are sustainable, and if further dividend growth is probable.
There were four companies that raised dividends over the past week. Each one has managed to boost dividends for at least a decade. The companies include:
Wednesday, October 5, 2016
Getting Started – The Hardest Part About Dividend Investing
Imagine you have a certain amount of cash in your possession, which you do not plan on using for say 10 – 20 years. Or imagine that you are just starting out, and have a small amount of cash that will be added to your savings account every month.
You decide to invest that amount. You have been reading about dividend investing, and think it sounds cool to be paid more dividends every year from the investments you made years ago.
However, you have an uneasy feeling – there is so much information out there, you get information overload and you cannot do anything as a result. Where do you start?
Not all dividend stocks are created equal. A company is not an automatic buy, just because it happens to pays a dividend. You need to develop some knowledge to develop a framework to evaluate companies, and then need to use that knowledge to select companies for long-term income for your diversified portfolio.
So how to gain the knowledge if you are a complete beginner? What steps should you take?
You decide to invest that amount. You have been reading about dividend investing, and think it sounds cool to be paid more dividends every year from the investments you made years ago.
However, you have an uneasy feeling – there is so much information out there, you get information overload and you cannot do anything as a result. Where do you start?
Not all dividend stocks are created equal. A company is not an automatic buy, just because it happens to pays a dividend. You need to develop some knowledge to develop a framework to evaluate companies, and then need to use that knowledge to select companies for long-term income for your diversified portfolio.
So how to gain the knowledge if you are a complete beginner? What steps should you take?
Monday, October 3, 2016
Eleven Dividend Growth Companies Showering Investors With More Cash
I invest in companies that have a long track record of annual dividend increases. This is usually a result of a strong business model, that is fueled by growth in earnings over time. I try to build a diversified portfolio of dividend growth stocks over time, and try to avoid overpaying for investments.
One of the ways to monitor dividend growth stocks is by checking the dividend increases. A company that has a culture of regularly raising dividends, is very likely to continue raising them. A company with a culture of regular annual dividend increases that reduces dividends is sending a signal that something has changed. Either way, it is important to monitor the fundamental position of the enterprise, in order to determine if dividends are sustainable, and if further dividend growth is probable.
During the month of September, there were several notable dividend growth stocks, which continued their winning streak of delivering higher dividend payments to shareholders. Each of the companies listed below have managed to boost dividends for at least ten consecutive years ( with the sole exception being PMI). The companies include:
One of the ways to monitor dividend growth stocks is by checking the dividend increases. A company that has a culture of regularly raising dividends, is very likely to continue raising them. A company with a culture of regular annual dividend increases that reduces dividends is sending a signal that something has changed. Either way, it is important to monitor the fundamental position of the enterprise, in order to determine if dividends are sustainable, and if further dividend growth is probable.
During the month of September, there were several notable dividend growth stocks, which continued their winning streak of delivering higher dividend payments to shareholders. Each of the companies listed below have managed to boost dividends for at least ten consecutive years ( with the sole exception being PMI). The companies include:
Thursday, September 29, 2016
Dividend Reinvestment – Automatic versus Manual
There are two schools of thought when it comes to dividend reinvestment. One of the options is to automatically reinvest dividends, whereas the other option is to selectively reinvest dividends received.
The automatic dividend reinvestment is the easiest one to do. Once you purchase a dividend paying stock, you essentially check the “dividend reinvestment” box. As a result, your dividend income is reinvested into more shares of the same stock, and you start the income compounding process. The set it and forget it type of action is particularly appealing to income investors who are just starting out and have small amounts to invest in the beginning,
Because of the fact that it is free, automatic reinvestment into more stock is most efficient for those investors. Otherwise, even at $4-$5/trade, reinvesting anything less than $800-$1000 in dividend income would be prohibitively expensive. In addition, some companies offer DRIP discounts for shareholders who automatically reinvest distributions back into more stock. Unfortunately, even if you reinvest dividends back into the same stock that paid them in a taxable brokerage account, you still owe taxes to the IRS, depending on your income level.
If you are investing in a retirement account, where contribution amounts are limited, it may also make sense to reinvest automatically, regardless of valuation. This is because it would be more cost efficient to do so, rather than accumulating cash until it makes sense to make another investment from a cost standpoint.
The automatic dividend reinvestment is the easiest one to do. Once you purchase a dividend paying stock, you essentially check the “dividend reinvestment” box. As a result, your dividend income is reinvested into more shares of the same stock, and you start the income compounding process. The set it and forget it type of action is particularly appealing to income investors who are just starting out and have small amounts to invest in the beginning,
Because of the fact that it is free, automatic reinvestment into more stock is most efficient for those investors. Otherwise, even at $4-$5/trade, reinvesting anything less than $800-$1000 in dividend income would be prohibitively expensive. In addition, some companies offer DRIP discounts for shareholders who automatically reinvest distributions back into more stock. Unfortunately, even if you reinvest dividends back into the same stock that paid them in a taxable brokerage account, you still owe taxes to the IRS, depending on your income level.
If you are investing in a retirement account, where contribution amounts are limited, it may also make sense to reinvest automatically, regardless of valuation. This is because it would be more cost efficient to do so, rather than accumulating cash until it makes sense to make another investment from a cost standpoint.
Tuesday, September 27, 2016
Common Misconceptions about Dividend Growth Investing
There are many misconceptions about dividend investing. I have tried itemizing several of them, outlining them, and providing a brief commentary. Dealing with viewpoints that are different from yours is very important, because it opens you up to new ideas, and tests your strategies against scenarios that you might not have thought about. Unfortunately, most of the time I deal with viewpoints which are against dividend investing, I often find the authors are only providing their opinions, without ever bothering to examine any factual evidence on the subject. It is very dangerous to have an opinion on a subject, without knowing it inside out, but sticking to your original viewpoint, even if the evidence refutes your original ideas.
As Charlie Munger says " “I never allow myself to have an opinion on anything that I don’t know the other side’s argument better than they do.”
The misconceptions are summarized below:
As Charlie Munger says " “I never allow myself to have an opinion on anything that I don’t know the other side’s argument better than they do.”
The misconceptions are summarized below:
Thursday, September 22, 2016
Frequently Asked Questions (FAQ) About Dividend Investing
I have highlighted below several frequently asked questions about dividend investing. This is not an all inclusive list, but more of a running total of questions I am usually asked about dividend investing, dividend growth stocks and my strategy. The answers pertain to my investing, strategy and experience, and I have tried to respond to the best of my knowledge and intentions. As I get new recurring questions asked, I would add them to this list.
Why should you focus on dividends?
Why should you focus on dividends?
A company that pays dividends is less risky than a company that has never paid a dividend. A company that pays dividends pays with actual cash, which cannot be easily manipulated like earnings. Dividends are a more stable part of total returns, and are always positive, which is what makes them ideal for retirees who want to live off their nest egg. Paying a dividend imposes discipline on management, that makes them evaluate the cash flow impacts of new projects and make them only focus on the best ideas. This dividend payment makes management less likely to engage in empire building, and less likely to simply hoard cash or mindlessly expand/acquire companies which are not accretive to returns. Few US managements are willing to cut a dividend – doing so sends signals that the company is weak financially.
Tuesday, September 20, 2016
Key Ingredients for Successful Dividend Investing
There are four key attributes that need to be considered, in order to be successful at dividend investing. These ingredients include focusing on quality, earnings growth, entry price and sustainable distributions. In this article, I would focus in more detail behind each of these four items.
While investors could argue that one cannot put success in a pre-packaged recipe for achieving it, I have found the four ingredients above to be essential for my income investing strategy.
Quality
I believe in purchasing quality dividend paying companies. This means that I try to focus on companies with strong competitive advantages, strong brand names and/or wide moats. Companies like that offer a product or service which customers desire, and are willing to pay a price which would deliver a fair profit. In addition, companies which offer products which are perceived to have quality characteristics, which typically translates into repeated purchases of the goods or services. In addition, companies that offer a unique product or service are able to compete based upon the added value they bring to the marketplace, and avoid costly price wars with competitors. Furthermore, the company would be able to have pricing power and pass on costs to customers, which will be much less likely to switch to another product. I understand that quality lies in the eyes of the beholder, but through experience, dividend investors should be able to uncover quality dividend paying gems.
While investors could argue that one cannot put success in a pre-packaged recipe for achieving it, I have found the four ingredients above to be essential for my income investing strategy.
Quality
I believe in purchasing quality dividend paying companies. This means that I try to focus on companies with strong competitive advantages, strong brand names and/or wide moats. Companies like that offer a product or service which customers desire, and are willing to pay a price which would deliver a fair profit. In addition, companies which offer products which are perceived to have quality characteristics, which typically translates into repeated purchases of the goods or services. In addition, companies that offer a unique product or service are able to compete based upon the added value they bring to the marketplace, and avoid costly price wars with competitors. Furthermore, the company would be able to have pricing power and pass on costs to customers, which will be much less likely to switch to another product. I understand that quality lies in the eyes of the beholder, but through experience, dividend investors should be able to uncover quality dividend paying gems.
Thursday, September 15, 2016
Dividend Champions - The Best List for Dividend Investors
Investors who are looking for quality stocks that regularly raise dividends have several lists available as a starting point in their research. The typical lists include the S&P Dividend Aristocrats index, which consists of 50 constituents of the S&P 500 which have raised distributions for over a quarter of a century and also have certain capitalization, liquidity requirements. Another popular list includes the Dividend Achievers Index, which includes almost all companies traded on US exchanges which have consistently raised distributions for over one decade, and which also meet a certain liquidity threshold as well. The third list, the dividend champions, is maintained by Dave Fish. This is by far the most comprehensive list of dividend growth stocks available for free. It breaks down the dividend growth universe into dividend champions, dividend contenders and dividend challengers. The list could be obtained from this link.
The dividend champions list includes all stocks traded in the US, which have raised dividends for at least twenty-five consecutive years. I prefer the dividend champions list than the dividend aristocrats index, since it is more complete and does not have artificial requirements such as index membership or minimum trading volume. These requirements are typically irrelevant to long-term dividend investors, who focus on fundamentals that could support a growing distribution, not on day to day market fluctuations. Currently there are 110 dividend champions, which yield 2.46% on average.
Some notable dividend champions include Colgate-Palmolive (CL), Procter & Gamble (PG) and Coca-Cola (KO). Colgate-Palmolive (CL) has consistently raised dividends for 53 years in a row, but for some strange reason was not included in the dividend aristocrats index until 2012. This is a great example why focusing on the dividend champions list could provide a more comprehensive selection of elite dividend stocks. Another dividend champion is Altria Group (MO). The only reason why the company is not on the dividend aristocrat list is because its dividend payment is lower due to the spin-off of Phillip Morris International (PM) in 2008 and Kraft Foods (KFT) in 2007. Other than that, the tobacco company has managed to increase dividends for 47 years in a row.
Tuesday, September 13, 2016
Create Your Own Dividend ETF With Motif Investing
Update: I believe that Robinhood is a better alternative for investors than Motif Investing
Motif Investing is an established brokerage which lets investors create their own portfolios, and purchase them for a set commission. Each investor can build a portfolio of up to 30 individual securities, and then purchase that portfolio for a single commission of $9.95. This works out to 33 cents per trade on 30 securities, which is cheaper than Interactive Brokers on a per-trade basis. If you were making 30 individual stock trades at Scottrade, you would have to pay $210. At Tradeking, you would have to pay $148.50 for purchasing those 30 individual securities. At Schwab, it would cost $268.50 to assemble a portfolio of 30 individual stocks.
There are no monthly fees and no account minimums, which makes Motif Investing a good broker for new dividend investors. Motif Investing also offers single stock purchases for a low price of $4.95/trade, which is relatively cheap as well. They do require a minimum investment of $250 to purchase a Motif. You can buy or sell Motifs for $9.95 or you can re-balance also for $9.95/trade. The brokerage is SIPC insured, which means that securities up to $500,000 are protected in case the brokerage firm goes under. They do not reinvest dividends yet, but this is not really an issue for me, since I reinvest dividends selectively.
Motif Investing is an established brokerage which lets investors create their own portfolios, and purchase them for a set commission. Each investor can build a portfolio of up to 30 individual securities, and then purchase that portfolio for a single commission of $9.95. This works out to 33 cents per trade on 30 securities, which is cheaper than Interactive Brokers on a per-trade basis. If you were making 30 individual stock trades at Scottrade, you would have to pay $210. At Tradeking, you would have to pay $148.50 for purchasing those 30 individual securities. At Schwab, it would cost $268.50 to assemble a portfolio of 30 individual stocks.
There are no monthly fees and no account minimums, which makes Motif Investing a good broker for new dividend investors. Motif Investing also offers single stock purchases for a low price of $4.95/trade, which is relatively cheap as well. They do require a minimum investment of $250 to purchase a Motif. You can buy or sell Motifs for $9.95 or you can re-balance also for $9.95/trade. The brokerage is SIPC insured, which means that securities up to $500,000 are protected in case the brokerage firm goes under. They do not reinvest dividends yet, but this is not really an issue for me, since I reinvest dividends selectively.
Thursday, September 8, 2016
The List of All Articles From the Dividend Growth Investor Blog
I have been writing about dividend growth investing since January 2008.
I often get asked questions by readers. Many of those questions inspire me to write articles, that address them.
However, I also constantly get a lot of questions which have already been addressed before. This is why I maintain a list of all articles written since I started this site in 2008. I try to update this list at least once per month. I just updated it through the end of August.
Please feel free to browse through the articles. I believe that this list of articles will likely address a large portion of questions.
Below, you can find the complete list of all articles that were published to Dividend Growth Investor site since January 2008. Thank you for reading!
▼ August 2016 (12)
▼ July 2016 (10)
▼ June 2016 (14)
▼ May 2016 (12)
▼ April 2016 (11)
▼ September 2011 (13)
▼ August 2011 (14)
▼ January 2008 (18)
I often get asked questions by readers. Many of those questions inspire me to write articles, that address them.
However, I also constantly get a lot of questions which have already been addressed before. This is why I maintain a list of all articles written since I started this site in 2008. I try to update this list at least once per month. I just updated it through the end of August.
Please feel free to browse through the articles. I believe that this list of articles will likely address a large portion of questions.
Below, you can find the complete list of all articles that were published to Dividend Growth Investor site since January 2008. Thank you for reading!
▼ August 2016 (12)
- Altria Delivers Dependable Dividend Growth and High Total Returns
- How to set up your own perpetual income machine
- How Dividend Growth Investors can prosper even if interest rates increase
- Holding Through the Good Times
- Interest Rates Affect Stock Valuations
- My own unique approach to investing for retirement
- The Simple Math Behind Early Retirement
- How Much Money Do You Need to Retire
- Seven Dividend Achievers Rewarding Shareholders With a Raise
- How much time does it take to manage my dividend portfolio
- Should You Applaud Vanguard's Move To Close Its Active Dividend Growth Fund?
- Four Dividend Achievers Rewarding Shareholders With a Raise
▼ July 2016 (10)
- Four Attractively Valued Dividend Growth Stocks For Further Research
- How to become a successful dividend investor
- The paradox of saving and investing
- Use these tools within your control to get rich
- Six Companies Rewarding Shareholders With Regular Dividend Hikes.
- Nine Attractively Valued Dividend Stocks to Consider
- The importance of having your own unique investment process
- Should you celebrate when your dividend paying company is about to be acquired?
- General Mills (GIS): A Reliable Dividend Growth Stock
- The real risk behind international investing
▼ June 2016 (14)
- Why I Use Dividend Growth Investing to Get Wealthy.
- Consolidating assets into my 401 (k)
- Medtronic: High Dividend Growth Stock
- Time in the Market Trumps Timing the Market
- My personal journey with dividend stocks
- How to get dividend investment ideas
- Diageo (DEO) Dividend Stock Analysis
- Key lessons I learned from my investment in Pfizer
- How to select winning retail stocks
- Five Dividend Growth Stocks Showering Shareholders With Cash
- Financial independence by collecting underpants? Are you serious?
- PepsiCo (PEP) is a dividend machine to hold forever
- The worst mutual fund in history
- Stress Testing Your Dividend Portfolio
- Johnson & Johnson: My Favorite Dividend King for reliable dividend growth and income
▼ May 2016 (12)
- The Importance of Revenue Growth In Selecting Winning Investments
- This is how I plan to become financially independet by 2018
- Target: An Attractively Valued Dividend Champion on Sale
- Four Reliable Dividend Payers Boosting Distributions
- The real cost of buying a new car
- How I Choose My Dividend Stocks
- What can we learn from Exxon in the 1980s and 1990s
- Paying Your Phone Bill with AT&T Dividend Income
- Verizon: A High-Yield Telecom For Current Income
- The Best Dividend ETF to Consider
- Building a Core Dividend Growth Portfolio With These Eight Companies
- Ten Dividend Growth Stocks That Keep Delivering For Their Shareholders
▼ April 2016 (11)
- Why I Use Dividend Growth Investing to Get Wealthy.
- 13 Dividend Aristocrats for Further Research
- How to have enough
- Dividend Aristocrats List for 2016
- Dividend Aristocrats for Dividend Growth and Total Returns
- Unilever Rewards Long-Term Shareholders With Regular Dividend Raises
- Why I Chose Dividend Growth Investing
- Why relative performance comparisons provide no value to me
- Procter & Gamble Raises Dividends for 60th Year in a row
- Four Lessons Learned from 20 Years of DRIP Investing
- How many individual stocks do I need to consider myself diversified?
▼ March 2016 (10)
- Focused Dividend Investing: Pros and Cons
- 3 Low Volatility Dividend Stocks To Make Staying The Course Easier
- How to Earn $95,000 in Qualified Dividend Income, and pay no taxes.
- Focus on Dividend Growth In conjunction with Dividend Yield
- How can companies increase annual dividends by hiking them every two years?.
- 24 Dividend Champions for Further Research
- What should I do about slowing dividend growth?
- Give your investments time to compound
- Five Dividend Growth Investing Lessons I Have Learned the Hard Way
- What dividend cuts? What market correction?
▼ February 2016 (11)
- Leveraged Dividend Investing
- Time is an ally of the dividend investor
- Ten Dividend Growth Stocks Rewarding Long Term Investors With a Raise.
- Business Change is bad for dividend investors
- Eight Dividend Growth Stocks Rewarding Investors With a Raise
- You need conviction to average down in a stock
- Five Dividend Growth Stocks Rewarding Investors With Higher Dividends
- ConocoPhillips Cuts Dividends - What Should a Dividend Investor do?
- Concentrated versus Diversified Dividend Investing
- The importance of multiple income streams
▼ January 2016 (11)
- How did I do in January?
- The advantages of being a long-term dividend investor
- The Benefits of Automatic Investing
- Evidence that Buffett likes dividend paying stocks
- Eight Years Dividend Growth Investor
- Your most important asset
- Dividend Investors: Stay The Course
- Living off dividends in 2016 – My New Goal
- A Change of heart on REITs and MLPs
- My Five Largest Dividend Portfolio Holdings for the long term
- Best Dividend Articles for 2015
▼ December 2015 (10)
- Should Dividend Growth Investors Dip into Principal?
- Dividend Kings for 2016
- Dividend Growth Investing At Work
- My Goals for 2016
- Where to invest the money from the sale of Kinder Morgan Stock?
- The Humility Dividend Growth Portfolio
- Kinder Morgan Cuts Dividends
- Three Investing Lessons I Learned the Hard Way
- What should I do about Kinder Morgan?
- Recent Purchase
▼ November 2015 (10)
- Four Notable Dividend Increases From Last Week
- Three Dividend Seeds I Planted Last Week
- Are you patient enough to become a successful dividend investor?
- Relative Performance Comparisons are Useless for Dividend Investors
- Life after Financial Independence
- Time in the market is your greatest ally in investing
- Entering Wealth Preservation Mode
- Margin of Safety in Retirement Income: How to create a fool proof dividend machine
- Building my dividend snowball to $30,000 in annual dividend income
- How early retirees can withdraw money from tax-deferred accounts
▼ October 2015 (13)
- How to Increase Dividend Income
- Two Dividend Seeds I Planted For Long Term Income
- Four Dividend Growth Stocks Rewarding Investors with a raise
- I bought the following dividend stocks in October
- Are low prices a justification to buy?
- Excess Cash Flow is essential for successful dividend investments
- Should I buy Wal-Mart stock at current levels?
- From zero to $15,000 in dividend income in 8 years
- Expense Report - Last Four Months
- A Costly Misconception about foreign dividend stocks
- Quality Dividend Stocks versus Growth Stocks ( Part 2)
- Quality Dividend Stocks versus Growth Stocks
- Focus on Dividend Growth for Long Term Results
▼ September 2015 (13)
- How to properly weight dividend portfolio holdings
- Dividend Companies I am Considering in October
- Does Market Capitalization Matter in dividend investing?
- Financial Independence Is Easier to Model with Dividend Income
- Dividend Stocks I Purchased In the Past Month
- Two Recent Dividend Increases from my Dividend Machine
- Survivorship bias in Dividend Investing - Part 2
- Survivorship bias in Dividend Investing
- How I Manage to Monitor So Many Companies
- Is time spent learning dividend investing worth it ( Part Two)?
- Is time spent learning dividend investing worth it?
- The value of dividend growth in retirement planning
- Preventing Blind Spots in Dividend Investing
▼ August 2015 (13)
- Altria Delivers Another Strong Dividend Hike
- A Dividend Portfolio for Early Retirees
- Do not get emotionally attached to a dividend position
- Dividend Companies I purchased in August
- Eaton Corporation: Attractively Valued Stock to Consider
- Are you ready for the next bear market?
- Tax Loss Harvesting for Dividend Investors
- Should companies pay dividends?
- How well do you know your investment strategy?
- Are these oil dividends safe?
- UnitedHealth Group (UNH) Dividend Stock Analysis
- What should I do with Baxter and Baxalta after the dividend cut?
- Create your own dividend ETF with Motif Investing
▼ July 2015 (16)
- Dividend Growth Stocks I Purchased in July
- Dividend Growth Stocks Protect Investors from Inflation
- How I manage my dividend portfolio
- ACE Limited (ACE) Dividend Stock Analysis
- Sector Allocations for Dividend Growth Investors
- Am I a successful dividend investor?
- Six Dividend Growth Stocks That Keep Delivering For Their Shareholders
- McDonald's (MCD) Dividend Stock Analysis 2015
- The biggest investing sin exposed - part II
- The Biggest Investing Sin Exposed
- Six Confident Dividend Stocks Giving Shareholders A Raise
- Do I need an emergency fund?
- Dividend Growth Investing – a great strategy for long-term investors
- Dividend Companies I am Considering this Month
- Happy Financial Independence Day
- The most important rule about dividend investing
▼ June 2015 (14)
- What drives future investment returns?
- Emerson Electric (EMR) Dividend Stock Analysis 2015
- The one lesson about Warren Buffett's success that no one wants to hear
- The Best Broker for Dividend Investors: Interactive Brokers
- Wal-Mart (WMT) Dividend Stock Analysis for 2015
- Why Dividend Investors should never use stop losses
- The most important metric for dividend investing
- Seven Dividend Growth Stocks to Consider for Further Research
- Should Dividend Investors Re-Balance Portfolios?
- How to value dividend stocks
- Lowe’s Delivers Consistent Dividend Growth to Investors
- Norfolk Southern (NSC) Dividend Stock Analysis
- How to become a successful dividend investor
- Dividend Investors have an advantage over everyone else on Wall Street
▼ May 2015 (14)
- Union Pacific (UNP) Dividend Stock Analysis
- Two New Dividend Growth Stocks I Bought This Week
- Simple Investing Principles to Follow
- TJX Companies (TJX) Dividend Stock Analysis
- Front Loading Savings for a Successful Dividend Retirement
- Four Companies Growing Future Yields With Increased Dividends
- Three REITs I Picked Last Week
- Tradeking – Best Broker For New Dividend Investors
- Dividend Stocks Rewarding Patient Investors With a Raise
- 3M Company (MMM) Dividend Stock Analysis 2015
- How to be an Intelligent Dividend Investor
- Five Companies Showering Investors With More Cash
- Johnson & Johnson (JNJ): A Quality Dividend King At An Attractive Valuation
▼ April 2015 (14)
- What makes Consumer Staples the Perfect Dividend Growth Investors
- Four Quality Dividend Machines Hiking Distributions
- Ross Stores (ROST) Dividend Stock Analysis
- How to Make Money in Your Sleep with Forever Dividend Investing
- Dividend Growth Stocks Increase Intrinsic Value Over Time
- Five Dividend Paying Companies Rewarding Shareholders With a Raise
- Philip Morris International (PM) Dividend Stock Analysis
- Does Paying a Dividend Reduce a Company’s Value?
- Six Companies Showering Shareholders with Higher Dividends
- Ameriprise Financial (AMP) Dividend Stock Analysis
- The Value of Dividend Growth
- My Favorite Exercise With Dividend Paying Stocks
- Becton, Dickinson (BDX) Dividend Stock Analysis 2015
- Taxable versus Tax-Deferred Accounts for Dividend Investors
▼ March 2015 (14)
- Comparing your results to S&P 500 could be dangerous for dividend investors
- W.W. Grainger (GWW) Dividend Stock Analysis
- Dividend Stocks Provide Protection in Any Market
- Why Stock Charts Are Misleading for Dividend Investors
- The Perfect Dividend Portfolio
- Eaton Vance (EV) Dividend Stock Analysis
- 39 Dividend Champions for Further Research
- General Mills Delivers another Year of Consistent Dividend Growth
- Air Products and Chemicals (APD) Dividend Stock An...
- Dividend Investors: Avoid Living in the Past
- Turbocharge Income Growth with Dividend Reinvestment
- Four Dependable Dividend Stocks I Bought Last Week
- T. Rowe Price Group (TROW) Dividend Stock Analysis
- Dividend Investing Knowledge Accumulates Like Compound Interest
- Four Dividend Stocks for the Long Run
- Dividend Growth Stocks Rewarding Shareholders with a Raise
▼ February 2015 (14)
- Unilever (UL) Dividend Stock Analysis 2015
- How to Convert a portfolio of index funds to dividend paying stocks?
- How to save over $60,000/year in a Roth IRA
- Twelve Companies Providing Investors with Dividend Raises
- Buying Quality Companies at a Reasonable Price is Very Important.
- Is Ethical Dividend Growth Investing Possible?
- What would happen to Berkshire Hathaway after Warren Buffett is gone?
- How Ordinary Investors Can Generate Float Like Buffett
- Health Savings Account (HSA) for Dividend Investors
- Will the dividend grow?
- How to buy dividend paying stocks at a 25% discount
- Two Dividend Paying Companies I purchased last week
- W.P Carey (WPC): A Dividend REIT For Current Income
- The Energy Company I want to buy
- Six Quality Dividend Companies For Long Term Investors
▼ January 2015 (14)
- HCP Inc (HCP) A High Yield REIT Play on Healthcare
- My Dividend Goals for 2015 and after
- How to never run out of money in retirement
- General Mills (GIS) Dividend Stock Analysis
- Rising Earnings – The Source of Future Dividend Growth
- Seven Dividend Stocks Boosting Distributions this week
- 7 Years Dividend Growth Investor
- Target (TGT): The Underdog Dividend Champion To Consider on Weakness
- Two Dividend Stocks I Purchased in 2015
- How to invest a lump sum
- Robinhood Brokerage Review
- The dumbest argument against dividend paying stocks
- Dividend Kings List for 2015
- How to reach your dividend income goals?
▼ December 2014 (14)
- Best Dividend Stocks for 2015
- Dividend Angels – a possible searching ground for investment opportunities
- Best Dividend Investing Articles of 2014
- Should you purchase dividend stocks at 52 week highs
- Should I hold on to American Realty Capital Properties (ARCP)
- What dividend stocks would I buy if I were just starting out
- Four Dividend Increases for Further Review
- Six Dividend Investments I Made Last Week
- The Pareto Principle in dividend investing
- Are Energy Investments Today a Once in a Lifetime Opportunity (Part 2)
- Are Energy Stock Values Today a Once in a Lifetime Opportunity?
- Exxon Mobil (XOM) Dividend Stock Analysis
- Should taxes guide your investment decisions?
- Brown Forman is a consistent dividend growth company
- Three Dividend Raises I am Thankful For
▼ November 2014 (14)
- How to turbocharge dividend growth
- Franklin Resources (BEN) Dividend Stock Analysis
- Independent thinking for successful dividend investing
- What should I do about those non-dividend paying stocks I received in a spin-off?
- Should Dividend Investors own Non-Dividend Paying Stocks?
- Con Edison (ED) Dividend Growth Analysis
- Successful Dividend Investing Requires Patience
- Three Dividend Machines I Accumulated Recently
- Eaton Corporation (ETN): A Hidden Dividend Gem To Consider.
- Three Commission Free Investments and a Dividend Increase.
- What should I do with American Realty Capital Properties (ARCP)?
▼ October 2014 (14)
▼ September 2014 (14)- Verizon (VZ): Another High Yield Telecom for Current Income
- Key Ingredients for Successful Dividend Investing
- Dividends Make Investing Easier During Market Declines
- AT&T: A High Yield Telecom for Current Income
- Time in the market is more important than timing the market
- United Technologies (UTX): A Diversified Dividend Powerhouse to Consider
- Two and a half purchases I made this week
- Top Dividend Growth Stocks of the past decade
- Canadian Banks for Long Term Dividend Growth
- Visa: High Dividend Growth Stock To Consider
- Is international exposure overrated?
- Ten Dividend Seeds I Planted for Long Term Income
- Disney: A Wide-Moat Stock To Hold Forever
- You don’t need to be right all the time to succeed with dividend investing
- How to buy Kinder Morgan at a discount
- Mistakes of Omission Can Be Costlier than Mistakes of Commission
- Chevron (CVX) Dividend Stock Analysis 2014
- Never Stop Learning and Improving
- Three Dividend Stocks With Consistent Dividend Hikes
- How to analyze dividend stocks
- Wal-Mart (WMT): The Time To Buy Is When No One Likes a Quality Dividend Company
- Three Questions That Every Dividend Investor Should Ask Themselves
- High Yield Companies for Current Income
- Walgreen: A High Dividend Growth Champion To Consider
- Selling Puts: Pros and Cons for Dividend Investors...
- Two High Yield Companies Raising Dividends in the News.
- McDonald’s (MCD) Dividend Stock Analysis 2014
- Should I have a minimum yield requirement?
▼ August 2014 (15)
- Best Dividend Investing Articles for August 2014
- Starbucks: The Next Dividend Growth Success Story
- Dividend Growth Stocks Are Still Great Acquisitions
- Dividend Paying Companies I recently added to my income portfolio
- PepsiCo (PEP) Dividend Stock Analysis 2014
- How to Invest Like Warren Buffett
- Kinder Morgan Limited Partners Could Face Steep Tax Bills
- Procter & Gamble (PG) Dividend Stock Analysis 2014
- Dividend Investing for Financial Independence
- I bought this quality dividend paying stock last week
- Kinder Morgan to Merge Partnerships into One Company
- Why Warren Buffett likes Investing in Bank Stocks
- Johnson & Johnson (JNJ) Dividend Stock Analysis 2014
- 14 Dividend Growth Stocks I Bought On the Dip Last Week
- Hershey (HSY) Dividend Stock Analysis
▼ July 2014 (16)
- Dividend Investing Over the Past Seven Years Was Never Easy
- Dividend Yield or Dividend Growth:My Experience With Both
- Best Dividend Investing Articles for July 2014
- Should I invest in AT&T and Verizon for high dividend income?
- Surprise: The real cost of inversions are paid by Shareholders
- Five Dividend Machines With Growing Distributions
- American Realty Capital Properties (ARCP) Dividend Stock Analysis
- Dividend Investors Will Make Money Even if the Stock Market Closed for Ten Years
- Seven Dividend Stocks I purchased for the long-term
- ConocoPhillips Rewards Long-Term Investors with consistent dividend increases
- Deere & Co (DE) Dividend Stock Analysis
- Look abroad for higher dividend yields
- Are you drowning in cash?
- How to earn $900 in dividend income per minute
- Can everyone achieve financial independence with Dividend Paying Stocks?
▼ June 2014 (16)
- I purchased this dividend machine last week
- Best Dividend Investing Articles for June 2014
- Occidental Petroleum (OXY) Dividend Stock Analysis
- Does diversification lead to lower quality of investments in a dividend portfolio?
- Multi-Generational Dividend investing
- What Attracted Warren Buffett to IBM?
- Investors Should Look for Organic Dividend Growth
- Companies I am Considering for my Roth IRA
- Ten Dividend Increases For Further Review
- Realty Income - A dependable dividend achiever for current income
- Margin of Safety in Financial Independence
- Dividend Growth Stocks are Compounding Machines
- 7 Dividend Paying Stocks I Purchased Without Paying Commissions
- Dividend Investing in a Bullish Market
- Baxter International (BAX) Dividend Stock Analysis
- Focus on High Yielders with Growing Distributions
- How to stay motivated on your road to financial independence
▼ May 2014 (16)
▼ April 2014 (16)- Best Dividend Investing Articles for May 2014
- Let dividends do the heavy lifting for your retirement
- Why I don’t do discounted cash flow analysis on dividend stocks
- ConocoPhillips (COP) Dividend Stock Analysis 2014
- Generate a retirement paycheck with these dividend paying stocks
- Clorox (CLX) Delivers a Disappointing Dividend Increase
- Genuine Parts Company (GPC) Dividend Stock Analysis
- Should I buy more high yielding stocks in order to retire early?
- Dollar Cost Averaging Versus Lump Sum Investing
- Family Dollar Stores (FDO) Dividend Stock Analysis
- Personal Dividend objectives versus the market environment
- Dividend Investing During the Financial Crisis
- Twelve Predictable Dividend Growth Stocks Raising Dividends
- Best Dividend Investing Articles for April 2014
- Chubb Corporation (CB) Dividend Stock Analysis
- The importance of yield on cost
- Two Dividend Kings Extending Their Dividend Growth Streaks
- Maintaining Moats in times of Technological Changes
- Dividend Growth: The Risk of Being Cocky
- Seven Sleep Well at Night Dividend Stocks
- Dividend ETF’s Are Bad for Investors: Here is Why
- When to sell your dividend stocks?
- How to monitor your dividend investments
- Nine Reasons I Read Dividend Mantra Every Day
- How to deal with new cash from dividend payments
- How to Manage Your Dividend Portfolio
- How to analyze investment opportunities?
- When to buy dividend paying stocks?
- Where to search for investment opportunities?
- How to identify your dividend investment goals
- How to be a successful dividend investor
- Best Income Investing Articles for March 2014
- Dividend Stocks for Consistent Cash Income
- Four companies paying dividends for over 100 years
- Should dividend investors invest in index funds?
- Three Attractive Dividend Paying Companies to Consider
- Diageo (DEO) Dividend Stock Analysis
- Why Did I Purchase This Dividend Paying Company For a 3rd Month in a Row?
- Richard Kinder: The Warren Buffett of Energy
- Colgate Palmolive Delivers a Disappointing Dividend Increase
- General Mills Delivers a Consistent Dividend Raise
- Clorox Company (CLX) Dividend Stock Analysis
- I admire Investors with Skin in the Game
- How to invest for dividends when markets are overvalued
- Why do I use a P/E below 20 for valuation purposes?
- Altria Group (MO): A Smoking Hot Dividend Champion
- Do not become a victim of fear in your dividend investing
- Four Practical Dividend Ideas for my SEP IRA
- How to think like a long term dividend investor
- Four Investing Articles For Your Weekend Enjoyment...
- How to Generate an 11% Yield on Cost in 6 Years
- Do not focus only on income for retirement planning
- Five World Class Dividend Stocks to Buy During the next dip
- Five Dividend Growth Companies Boosting Cash Payouts
- Colgate-Palmolive (CL) Dividend Stock Analysis
- Types of dividend growth stocks
- How to find long term dividend stock ideas
- Three Dividend Growth Stocks Defying Skeptics Expectations
- Brown-Forman (BF.A)(BF.B) Dividend Stock Analysis
- Optimal Cash Allocation for Dividend Investors
- Five Quality Dividend Payers I Bought on the Dip
- Five Dividend Paying Companies with Consistent Share Buybacks
- Warren Buffett is now working for me
- McCormick & Company (MKC) Dividend Stock Analysis
- The Importance of Consecutive Dividend Increases in Stock Selection
- How to retire in 10 years with dividend stocks
- Best Dividend Investing Articles for January 2014
- 3M (MMM) Dividend Stock Analysis
- The Warren Buffett Argument Against Paying Dividends
- The Only Reason for Automatic Dividend Reinvestment
- Coca-Cola: A wide-moat dividend growth stock to buy and hold
- Six Compounding Machines for Long Term Dividend Investors
- The Dividend Kings List for 2014
- Dividend Growth Investor Website Turns 6 Years Today
- Should income investors give General Electric a second chance?
- My Dividend Goals for 2014 and after
- Two Dividend Machines I Purchased Last Week
- Should Dividend Investors Worry About Rising Interest Rates?
- Best Dividend Investing Articles for 2013
- How to buy when there is blood on the streets
- Achieve Financial Independence with Dividend Paying Stocks
- Should you sell after yield drops below minimum yield requirement?
- The Security I Like Best: Philip Morris International
▼ December 2013 (16)
▼ November 2013 (16)- Is the End of Dividend Investing Coming?
- Dividends Offer an Instant Rebate on Your Purchase Price.
- Kimberly Clark (KMB) Dividend Stock Analysis
- Seven dividend companies bringing holiday joy to shareholders
- Republic Services (RSG) Dividend Stock Analysis 2013
- Leveraged dividend growth investing
- Five Dividend Payers to Consider for 2014 and beyond
- Kellogg Company (K) Dividend Stock Analysis
- Dividends Provide a Tax-Efficient Form of Income
- These three ideas can jeopardize your investing success
- The work required to have an opinion
- The Best Articles on Dividend Investing for November
- Becton Dickinson (BDX) Dividend Stock Analysis
- Warren Buffet’s Favorite Exercise
- Nine Quality Dividend Stocks Purchased for the Roth IRA
- These Books Shaped My Investing Strategy
- Why Warren Buffett purchased Exxon Mobil stock?
- These Dividend Growth Stocks Increased Distributions to Shareholders
- What to do about those rising stock prices?
- International Dividend Stocks – Pros and Cons
- Dividend Investing Is Not As Risky As It Is Portrayed
- How to read my weekly dividend increase reports
- Warren Buffett Investing Resource Page
- What is Dividend Growth Investing?
- Dividend Stocks Are Not a Bubble, but Many Technology Stocks are
- How to buy dividend stocks with as little as $10
- Best Articles on Dividend Investing for October 2013
- Northrop Grumman (NOC) Dividend Stock Analysis
- Dividend Investors Should Ignore Market Fluctuations
- Qualitative Dividend Analysis of Aflac (AFL)
- Charles Munger: A Lesson on Elementary, Worldly Wisdom As it Relates to Investment Management & Business
- Lockheed Martin Corporation (LMT) Dividend Stock Analysis
- Dividend Growth Investing Works for Everyone Willing to Put the Time Into It
- Nine Dividend Paying Stocks I Accumulated in the Past Month
- My Retirement Strategy for Tax-Free Income
- How to Retire Early With Tax-Advantaged Accounts
- Is Dividend Mantra Wrong on Taxes?
- Why I Considered Tax-Advantaged Accounts for My Dividend Investments
- Undervalued Dividend Stocks I purchased in the past week
- Weekly Articles on Income Investing: October 19, 2013
- Six Confident Dividend Increases Despite Government Turmoil
- Should Dividend Investors be Defensive about these five stocks?
- Why do I own so many individual dividend paying stocks?
- Interesting Articles on Dividend Investing For Week of Oct 12, 2013
- Accenture PLC (ACN) Dividend Stock Analysis
- Should Dividend Investors Ever Break Their Rules?
- Price is what you pay, value is what you get
- What companies did I purchase over the past week:October 5, 2013 Edition
- Do not despise the days of small beginnings
- Two dividend payers I recently purchased for my taxable accounts
- Two dividend paying stocks to consider today
- The Best Articles on Dividend Investing For Week of Sep 28, 2013
- How to read my stock analysis reports
- Long Term Dividend Growth Investing
- Six Notable Dividend Increases so far in September...
- The Best Articles on Dividend Investing For Week of Sep 21, 2013
- Looking for Advertising Dividend Paying Stocks
- Ten Dividend Paying Stocks I purchased in September
- Return on Investment with Dividend Stocks
- The Best Articles on Dividend Investing For Week of Sep 14, 2013
- Coca-Cola (KO): A Core Holding for Dividend Growth Investors
- Three Characteristics of Successful Dividend Investors
- Should dividend investors hold non-dividend paying stocks?
- McDonald’s Corporation (MCD) Dividend Stock Analysis
- The Tradeoff between Dividend Yield and Dividend Growth
- Why do I keep talking about the same companies all the time
- Best Dividend Investing Articles for August 2013
- Air Products and Chemicals (APD) Dividend Stock Analysis
- A long streak of dividend growth is an indication of a business with exceptional fundamentals
- The importance of pricing and valuation in dividend investing
- Reader Question and Answer (Q&A)
- Wal-Mart Stores (WMT): A high dividend growth giant
- The predictive value of rising dividends
- Your best ideas might already be in your circle of competence
- Best Dividend Articles for Week of 8/17/2013
- Exxon Mobil (XOM) - An Undervalued Dividend Machine
- Why Investors Should Look Beyond Typical Dividend Growth Screens
- Has Charlie Munger gone senile on US Energy Independence?
- How to define risk in dividend paying stocks?
- Target Corporation (TGT) - A high growth, attractively valued stock
- Dividend Investing – Science versus Intuition
- Should I buy dividend stocks now, or accumulate cash waiting for lower prices?
- Dr. Pepper Snapple Group (DPS): A Cheap Stock with Dividend Growth Potential
- Eleven Dividend Paying Stocks I Purchased Last Week
- Looking for dividend bargains in an overheated market
- Best Articles for July 2013 & Recent Additions to my dividend portfolio
- Gazprom dividends unlock value for shareholders of this undervalued giant
- Frequently Asked Questions (FAQ) About Dividend Investing
- The Importance of Corporate Governance for Successful Dividend Investing
- Why did I sell Enterprise Product Partners (EPD)
- Best Dividend Articles for Week of 7/20/2013
- Chevron Corporation (CVX): An Undervalued Dividend Star
- Dividend Investors Should Ignore Price Fluctuations
- How to Increase Current Yields with Master Limited Partnerships.
- Six Slow & Steady Dividend Achievers Boosting Distributions
- Dividend Articles for the week of 7/13/2013
- Ameriprise Financial (AMP) Dividend Stock Analysis...
- Business Relationships Can Deliver Solid Dividends to Shareholders
- How to accumulate your nest egg
- High Dividend Utility Stocks – Are they a trap for dividend investors?
- Best Dividend Articles for June 2013
- Common Misconceptions about Dividend Growth Investing
- Why most dividend investors never succeed
▼ June 2013 (22)
- Income Investing Articles to Enjoy: 6/29/2013
- Teva Pharmaceutical (TEVA) Dividend Stock Analysis.
- Dividend Growth Investing is a Perfect Strategy for Young Investors
- My Dividend Portfolio Holdings
- Rising interest rates affect all businesses, not just dividend paying ones
- Your Retirement Income is on Sale!
- Income Investing Articles to Enjoy: 6/22/2013
- Archer-Daniels-Midland (ADM) Dividend Stock Analysis
- How to crush the market with dividend growth investing
- Dividend income is more stable than capital gains
- Lower Entry Prices Mean Locking Higher Yields Today
- Carnival of Retirement - Dividend Investing Edition
- Dividend Investing Articles to Enjoy: 6/15/2013
- General Mills (GIS) Dividend Stock Analysis
- How to Generate Energy Dividends Despite the Peak Oil Non Sense
- Are performance comparisons to S&P 500 necessary for Dividend Growth Investors?
- Three Interesting Dividend Increases to Learn From
- Income Investing Articles for June 8, 2013
- PepsiCo (PEP) - A great dividend stock for long-term investors
- Is the Dividend Craze Over?
- Why do I analyze dividend stocks that are not buys?
- My Dividend Portfolio Looks Much Better than I Expected
- Johnson & Johnson (JNJ) - A must own dividend stock
- How Warren Buffett built his fortune
- Are dividend investors concentrating too much on consumer staples?
- Best Income Investing Articles for May 2013
- Best Brokerage Accounts for Dividend Investors
- Not all P/E ratios are created equal
- Are we in a REIT bubble?
- Clorox Hikes Dividends, but is it a buy at current levels?
- Should you invest in Wells Fargo (WFC)?
- Why would I not sell dividend stocks even after a 1000% gain?
- Attractively valued dividend stocks to consider today.
- The Case for owning Digital Realty Trust (DLR): When Hedge Funds Don't Know What They Are Talking About...
- Dividend Investing Articles to Enjoy: 5/11/2013
- Procter & Gamble (PG) - A dividend stock to hold forever
- My mini-Berkshire strategy for selling insurance through puts and calls
- 2013 Dividend Achievers List Updates
- Four Select Dividend Increases of Note
- Great Links to Enjoy 5/4/2013
- Vodafone Group (VOD) Dividend Stock Analysis
- Twenty Dividend Stocks I Recently Purchased for my 401 (k) Rollover
▼ April 2013 (17)
- Four Attractively Priced Dividend Stocks Boosting Dividends.
- Dividend Investing Articles to Enjoy: 4/27/2013
- Dividend Growth: Freedom Through Passive Income Book Review
- When to sell my dividend stocks?
- Opportunity Costs for Dividend Investors
- Kinder Morgan Rewards Both General and Limited Partners
- Great Links to Enjoy 4/20/2013
- Procter & Gamble (PG) Delivers a Dividend Boost to shareholders
- The right time to sell dividend stocks
- High Yield Dividend Investing Misconceptions
- Six Dividend Paying Stocks I Purchased for my IRA
- Which stocks did I purchase over the past week edition
- High Yield REIT Analysis: Omega Healthcare Investors
- Does Fixed Income Allocation Make Sense for Dividend investors today?
- Five Things to Look For in a Real Estate Investment Trust
- High Dividend Growth REITs: Digital Realty Trust (DLR)
- The Four Percent Rule is Dependent on Dividend Yields
▼ March 2013 (15)
▼ February 2013 (14)- Four Attractively Priced Dividend Stocks Boosting Dividends.
- How to invest when the market is at all time highs?
- Message for RSS readers
- Three Dividend Paying Stocks that Deliver Dividend Increases to Shareholders
- Unilever (UL) Dividend Stock Analysis
- Are these high yield dividends sustainable?
- Three High Yielding Dividend Machines Boosting Distributions
- IBM (IBM) Dividend Stock Analysis
- Three stages of dividend growth
- S&P 8000 – The power of reinvested dividends in action
- Five Dividend Paying Companies Boosting Shareholders
- National Retail Properties (NNN) Dividend Stock Analysis
- Pure Dividend Growth Stocks I wish I owned
- Dividend Investors Should Focus on Valuation, not Just Dividend Yield
- Warren Buffett on Dividends: Ideas from his 2013 Letter to Shareholders
- Nu Skin Enterprises (NUS) Dividend Stock Analysis
- S&P Dividend Aristocrats Index – An Incomplete List for Dividend Investors
- Six Exciting Dividend Increases for Long-term income investors
- BHP Billiton (BBL) Dividend Stock Analysis
- Dividend Stocks for Young Investors
- Dividend Champions Index – Five Year Total Return Performance
- What does Buffett see in Heinz (HNZ)?
- ONEOK Partners (OKS) Dividend Stock Analysis
- The World’s Best Dividend Portfolio
- Five Dividend Champions Actively Boosting Distributions
- Warren Buffett’s Dividend Stock Strategy
- YUM! Brands (YUM) Dividend Stock Analysis
- Most Widely Held Dividend Growth Stocks
- Four Consumer Stocks for a 2013 Economic Expansion...
- Should dividend investors hold on to Abbott (ABT) and Abbvie (ABBV) following the split?
- Costco Dividend Stock Analysis for 2013
- Look beyond P/E ratios dividend investors
- Evaluating Dividend Growth Stocks – The Missing Ingredient
- Realty Income (O) Raises Dividends by a Record 19.20%
- ConocoPhillips (COP) Dividend Stock Analysis
- The Dividend Kings List Keeps Expanding
- Fourteen Dividend Paying Machines for Further Research
- V.F. Corporation (VFC) Dividend Stock Analysis
- My Dividend Growth Stock Wish List
- Spring Cleaning My Dividend Portfolio
- Sixteen Great Dividend Champions on Sale
- Stryker Corporation (SYK) Dividend Stock Analysis
- Load up on dividend stocks from a fiscal cliff sel...
- Seven companies expected to grow dividends in 2013
- Becton Dickinson (BDX) Dividend Stock Analysis
- Best Dividend Stocks for 2013, and beyond
- Is Intel Corporation the Ultimate Value Trap for Investors?
- Dividend Investing Goals for 2013
- Top Ten Dividend Articles for 2012
- Abbott Laboratories: Quality Dividend Aristocrat for Long-Term Investors.
- Dividend Stocks I Purchased Over the Past Two Months...
- Why I am not worried about the Fiscal Cliff and Dividend Tax Hikes?
- J. M. Smucker (SJM) Dividend Stock Analysis
- Four High Yield Dividend Growth Stocks for 2013
- Seven Dividend Hikers in the News
- Piedmont Natural Gas Company (PNY) Dividend Stock Analysis
- Market Declines: An Opportunity to Acquire Quality Dividend Stocks
- Seven Dividend Growth Stocks to Review
- Caterpillar (CAT) Dividend Stock Analysis
- Buy and Hold means Buy and Monitor
- Why dividend investors should never touch principal
- 7 dividend stocks boosting distribution to their shareholders.
- NextEra Energy (NEE) Dividend Stock Analysis
- Dividend Growth Strategy for Retirement Income
- Seven Dividend Stocks Boosting Distributions
- Johnson & Johnson is undervalued –Here’s why
- Why am I obsessed with dividend growth stocks?
- Dividend Stocks Deliver Returns Whether Market is Up or Down.
- Lowe’s (LOW) Dividend Stock Analysis
- Are dividend stocks in a bubble?
- A Record Week for Dividend Increases
- Harris Corporation (HRS) Dividend Stock Analysis
- Dividends versus Homemade Dividends
- Eight Income Stocks Bringing Joy to Their Investor...
- Kinder Morgan Partners (KMP) for High Yield and Solid Distributions Growth
- How to avoid being a dividend loser
- Six Dividend Winners Boosting Investor's Distributions
- Automatic Data Processing (ADP) Dividend Stock Analysis
- Three Great Dividend Stocks to Consider
- How to be a Dividend Winner
- Medtronic (MDT) Dividend Stock Analysis 2012
- Generate Retirement Income with Dividend Stocks
- Four Attractively Valued Dividend Stocks to consider
- Five Income Stocks Boosting Investors’ Distributions
- Aflac (AFL) Dividend Stock Analysis
- The most challenging aspect of dividend investing
- Nine Income Stocks Delivering Dividend Increases to Dividend Investors
- Walgreen (WAG) Dividend Stock Analysis 2012
- Money Management for Dividend Investors
- Phillip Morris International Delivers a Fifth Consecutive Dividend Increase
- Illinois Tool Works (ITW) Dividend Stock Analysis
- Dividend Investors are Getting Paid for Holding Dividend Paying Stocks
- High Dividend Growth Stocks in 2012
- Target Corporation (TGT) Dividend Stock Analysis
- How to retire with dividend stocks
- Three High Dividend Stocks Raising Distributions
- Wal-Mart Stores (WMT) Dividend Stock Analysis 2012...
- Stress Testing Your Dividend Portfolio
- How to Look Beyond Dividend Increases
- McDonald’s (MCD) Dividend Stock Analysis 2012
- The Live off Dividends Retirement Plan
- Five Stocks Delivering the Gift that Keeps on Giving
- Exxon Mobil (XOM) Dividend Stock Analysis 2012
- How to get dividend investment ideas
- Six Dividend Stocks Raising Distributions
- Chevron Corporation (CVX) Dividend Stock Analysis
- Dividend Stocks Deliver a Return in Any Market Condition
- Thirteen Income Stocks Boosting Investor Returns
- Philip Morris International (PM) Dividend Stock Analysis
- Dividend Stocks For Long Term Wealth Accumulation
- Master Limited Partnerships Continue with Consistent Distribution Hikes
- Genuine Parts Company (GPC) Dividend Stock Analysis
- Dividend Paying Stocks for Retirement Income
- Eight Income Stocks Boosting Investor Returns
- Casey’s (CASY) Dividend Stock Analysis
- Dividend Growth Index, 2012 Q2 Update
- Ten Income Stocks with Stable Payouts Raising Distributions
- United Technologies (UTX) Dividend Stock Analysis
- How to generate income from your nest egg
- 3M Company (MMM) Dividend Stock Analysis
- Best Dividend Stocks for 2012, Q2 Update
- Five Dividend Geese Laying Golden Eggs for Investors
- Air Products and Chemicals (APD) Dividend Stock Analysis
- How long does it take to manage a dividend portfolio?
- Seven Stocks Boosting Investor Payouts
- National Bankshares (NKSH) Dividend Stock Analysis
- Dividend Investors – Do not forget about total returns
- Five Consistent Dividend Payers Boosting Distributions
- Family Dollar Stores (FDO) Dividend Stock Analysis...
- My dividend crossover point
- Lowe's (LOW) Joins Ranks of Dividend Kings, brings list to thirteen stocks
- Realty Income (O) – The Monthly Dividend Company
- The Most Successful Dividend Investors of all time
- Six Dividend Aristocrats Increasing Distributions.
- Nestle (NSRGY): A Global Dividend Powerhouse
- Why I am replacing ConEdison (ED) with ONEOK Partners
- Emerson Electric (EMR) Dividend Stock Analysis
- How to generate $1000/month in dividends
- Eight Companies Paying Investors to Hold onto their stock
- Clorox (CLX) Dividend Stock Analysis
- Replacing appreciated investments with higher yielding stocks
- Searching for Hidden Dividend Stars
- T. Rowe Price Group (TROW) Dividend Stock Analysis
- Variability in Dividend Growth Rates
- Eighteen companies sending more cash to their shareholders
- Four dividend paying companies with long term growth plans
- Build your own Berkshire with dividend paying stocks
- 25 Companies raising distribution in 2012’s busiest week for dividend hikes
- Enterprise Products Partners (EPD): A Pipeline Cash Machine
- Should income investors worry about higher dividend taxes?
- Fourteen Companies providing reliable distribution increases
- Three Companies expecting high dividend growth and.earnings
- Dividend Investing Misconceptions
- MLP’s deliver consistent distribution increases
- Abbott Laboratories is Cheaper than you think
- Dividend Stocks for Inflation Adjusted Income Streeams
- Investors Get Paid for Holding Dividend Stocks
- McGraw-Hill (MHP) Dividend Stock Analysis
- Dividend Growth Index, Q1 2012 Update
- 2012’s Best Dividend Stocks, Q1 Update
- AT&T (T) Dividend Stock Analysis
- The Lost Decade: Opportunity of a Lifetime for Dividend Investors
- Should dividend investors care about Apple’s Dividend?
- Colgate-Palmolive (CL) Dividend Stock Analysis 2012
- Dividend Achievers Additions for 2012
- Three Companies Boosting Distributions
- Norfolk Southern Corporation (NSC) Dividend Stock Analysis ...
- 17 Cheap Dividend Aristocrats on Sale
- Six Dividend Growth Stocks Offering Positive Feedback to Shareholders
- Coca-Cola Company (KO) Dividend Stock Analysis 201...
- When can you retire on dividends?
- Dividend Stocks Offering Positive Feedback to Investors
- Kimberly-Clark Corporation (KMB) Dividend Stock Analysis
- Accumulating Dividend Stocks is a Long Term Process
- Seventeen Consistent Dividend Raisers in the News
- PepsiCo (PEP): A Better Value than Coca Cola (KO)
- Does entry price matter to dividend investors?
- Six Notable Dividend Stocks Giving Raises to Shareholders
- Abbott Laboratories (ABT): An attractively valued Dividend Aristocrat
- Dividend Investing is not a black or white process
- Two Companies Raising Dividends for Over 50 years
- Johnson & Johnson (JNJ) - A Reliable Dividend Growth Stock
- Dividend investing for monthly income
- Dividend Investing in times of a Social Media Bubbles
- Procter & Gamble (PG)- A dividend stock to hold forever
- Monthly Dividend Stocks
- High Yielding Stocks Boosting Distributions
- Diageo (DEO) Dividend Stock Analysis 2011
- Active Dividend Growth Investing
- Avoid Cyclical Dividend Growth Stocks
- Unilever (UL) for International Dividend Diversification
- Eleven Dividend Kings, Raising dividends for 50+ years
- Eight Dividend Increases for Long-Term Investors
- General Dynamics (GD) Dividend Stock Analysis
- Top Dividend Stocks to own in 2012
- My Dividend Retirement Plan
- We are not in a Dividend Bubble
- Dividend Growth Portfolio - Q4 2011 Update
- Best Dividend Stocks for 2012
▼ December 2011 (11)
- Becton, Dickinson and Company (BDX) Dividend Stock Analysis
- Tech Dividends on the Rise
- Margin of Safety in Dividends
- McCormick & Company (MKC) Dividend Stock Analysis
- Five Dividend Hikes In the News
- Dividend Investors – Do not forget about capital gains
- How to invest like a Dividend Billionaire
- International Business Machines (IBM) Dividend Stock Analysis
- Dividend Aristocrats List
- Four Income Stocks Raising Distributions
- V.F. Corporation (VFC) Dividend Stock Analysis 2012
- How to Build a Retirement Dividend Portfolio with only $1000/month?
- Five Show me the money dividend stocks
- Should you follow Buffett’s latest investments?
- Twelve income stocks boosting distributions
- Microsoft (MSFT) Dividend Stock Analysis
- How to create a bulletproof dividend portfolio
- Six Dividend Winners Increasing Dividends and Returns to Shareholders
- Dividend Growth Stocks by Sector - Retail
- Four important dates for dividend investors
- Ten Income Stocks Providing an Inflation Adjusted Return to Investors
- Stock Spin-Offs – What Should Dividend Investors do?
- Five Stocks Building Future Yields
- Twelve Dividend Machines Boosting Dividends
- Roth IRA’s for Dividend Investors
- Why Sustainable Dividends Matter
- Ten Income Stocks Confident in their Growth Prospects
- Archer-Daniels-Midland (ADM) Dividend Stock Analysis
- Seven wide-moat dividends stocks to consider
- Enterprise Product Partners (EPD) – quietly building wealth for unitholders
- Best Dividend Articles as of Mid-October 2011
- RPM International (RPM) Dividend Stock Analysis
- Five Metrics of Successful Dividend Companies
- AT&T and Coca-Cola are more expensive than you think
- Ten Top High Dividend Growth Stocks for Long Term Returns
- Diebold (DBD) Dividend Stock Analysis
- How to choose between dividend stocks?
- Dividend Growth Portfolio Project
- Best Dividend Stocks of 2011, Q3 Update
- Eaton Vance (EV) Dividend Stock Analysis 2011
- How dividend stocks protect investors from inflati...
- McDonald’s: A true champion for dividend investors...
- Dividend Growth Portfolio
- Walgreen (WAG) Dividend Stock Analysis 2011
- Dividend Investing Risks
- Phillip Morris International Delivers Another Smok...
- Intel Corporation (INTC) Dividend Stock Analysis 2...
- Dividend Stocks offer stability amidst market vola...
- My Bullish Case: Stocks are cheap
- Novartis AG (NVS) Dividend Stock Analysis
- Two High Yield Dividend Growth Stocks I am buying
- Universal Corporation (UVV) Dividend Stock Analysis
- Are Dividend Investors Benefiting from Stock Buyba...
- Altria Group (MO): High Dividend Growth Stock
- Sysco (SYY) Dividend Stock Analysis
- Dividend Stocks – The safest investment in the wor...
- Six Dividend Stocks Increasing Distributions Despi...
- Illinois Tool Works (ITW) Dividend Stock Analysis
- Why I am a dividend growth investor?
- Five Dividend Stocks Paying Investors During Turbu...
- Lowe’s (LOW) Dividend Stock Analysis
- Now is the perfect time buy dividend stocks
- 12 Dividend Stocks Raising Distributions Despite R...
- Medtronic (MDT) Dividend Stock Analysis
- Five Free Dividend Stocks
- Master Limited Partnerships for Yield and Growth
- Automatic Data Processing (ADP) Dividend Stock Ana...
- Dividend Stocks make great acquisitions
- Master Limited Partnerships: The Perfect Dividend ...
- Aflac (AFL) Dividend Stock Analysis
- Four Dividend Stocks safer than US Treasuries
- Eleven Outstanding Businesses Raising Dividends
- Chubb (CB) Dividend Stock Analysis 2011
- Best Canadian Dividend Stocks
- Target Corporation (TGT) Dividend Stock Analysis
- Weekend Reading Links - July 10, 2011
- Realty Income (O) Dividend Stock Analysis
- Best Dividend Stocks for 2011– Q2 Update
- Four Future Dividend Achievers Boosting Distributions...
- 16 Core Dividend Stocks for your income portfolio
- Eight Golden Geese Laying Golden Eggs for Shareholders
- Weekend Reading Links - June 26, 2011
- McDonald’s (MCD) Dividend Stock Analysis
- Is your dividend income riskier than expected?
- Kinder Morgan Partners – One Company three ways to invest in it
- Weekend Reading Links - June 19, 2011
- Wal-Mart (WMT) Dividend Stock Analysis
- Why the best investment plans never turn out as expected
- Six Dividend Stocks Providing Increasing Returns for shareholders
- Exxon Mobil (XOM) Dividend Stock Analysis
- Lifecycle of the dividend investor
- Natural Selection in Dividend Portfolios
- Weekend Reading Links - June 5, 2011
- Chevron Corporation (CVX) Dividend Stock Analysis
- Dividend Investing in a Low Interest Rate Environment
- Eight Dividend Stocks Raising Yield on Cost
- United Technologies (UTX) Dividend Stock Analysis
- How to live off dividends in retirement
- Seven Dividend Stocks Increasing Distributions
- Weekend Reading Links - May 22, 2011
- 3M (MMM) Dividend Stock Analysis
- Are dividend stocks a separate asset class?
- Dividend Stocks Increasing Retirement Incomes for Investors
- Weekend Reading Links - May 15, 2011
- Bemis Company (BMS) Dividend Stock Analysis
- Best High Yield Dividend Growth Stocks
- Twelve Income Stocks Rewarding Patient Dividend Investors
- Weekend Reading Links - May 8, 2011
- Air Products and Chemicals (APD) Dividend Stock Analysis
- Six Dividend Stocks to Hold Forever
- A record number of consistent dividend companies raising distirbutions
- Weekend Reading Links - May 1, 2011
- Emerson Electric (EMR) Dividend Stock Analysis
- Highest Yielding Dividend Stocks of the S&P 500
- Nine Income Stocks with Positive Dividend Trends
- Weekend Reading Links - April 24, 2011
- Philip Morris International (PM) Dividend Stock Analysis
- Diversified Dividend Portfolios – Don’t forget about quality
- High Yield Stocks Raising Dividends
- Nestle (NSRGY) Dividend Stock Analysis
- Reinvesting Dividends Pays Off
- Three dividend stocks raising dividends, 4 more expected in April
- Weekend Reading Links - April 10, 2011
- Clorox (CLX) Dividend Stock Analysis
- Dividend Macro trends: The Baby Boomer Retirement Investment
- Top Dividend Stocks of 2011, 1Q Update
- T. Rowe Price Group (TROW) Dividend Stock Analysis
- Gold versus Dividend Stocks
- Four Dividend Stocks In the News
- McGraw-Hill (MHP) Dividend Stock Analysis
- Avoid Dividend Cutters at All Costs
- The return of Financial Dividends
- Colgate-Palmolive (CL) Dividend Stock Analysis
- Six Dividend Paying Sin Stocks to Consider
- Two Income Stocks Raising Dividends, two more expected in February
- Coca-Cola (KO) Dividend Stock Analysis
- Warren Buffett – A Closet Dividend Investor
- Dividend Stocks Showing Investors the money
- PPG Industries (PPG) Dividend Stock Analysis
- My Entry Criteria for Dividend Stocks
- Twelve Dividend Stocks Growing Distributions
- Kimberly-Clark (KMB) Dividend Stock Analysis
- Dividend Growth Investing Gets No Respect
- Sixteen Consistent Dividend Payers Raising Dividends
- PepsiCo (PEP) Dividend Stock Analysis
- How to invest in dividend stocks
- Nineteen Consistent Dividend Growth Stocks raising dividends
- Abbott Laboratories (ABT) Dividend Stock Analysis
- Dividend Champions - The Best List for Dividend Investors
- Ten Dividend Stocks Beating Inflation
- Johnson & Johnson (JNJ) Dividend Stock Analysis
- How to select dividend stocks?
- Fourteen Stocks Raising Dividends Like Clockwork
- Procter & Gamble (PG): the greatest dividend stock in the world
- The Future for Dividend Investors
- Eleven Dividend Machines Delivering Higher Distributions
- Kinder Morgan Energy Partners (KMP) Dividend Stock Analysis
- Dividend Achievers Offer Income Growth and Capital Appreciation Potential
- Five High Yield Dividend Growth Stocks Raising Distributions
- Unilever (UL) Dividend Stock Analysis
- Seven Dividend Aristocrats to buy on dips
- Eight Dividend Stocks Expected to Raise Dividends in 2011.
- Diageo (DEO) Dividend Stock Analysis
- Six Consumer Stocks to own in 2011
- High Yield Stocks in 2010: Slow and Steady Wins the Race
- Universal Corporation (UVV) Dividend Stock Analysis
- Best Dividend Stocks for 2011
- Becton, Dickinson and Company (BDX) Dividend Stock Analysis
- Dividend Aristocrats list for 2011
- Pfizer Raises Dividends, is that good or bad news?
- McCormick & Company (MKC) Dividend Stock Analysis
- Ten Dividend Stocks with High Returns on Equity
- General Electric (GE) raises dividends again –should you care?
- Waste Management (WM) Dividend Stock Analysis
- The case for dividend investing in retirement
- Eight Dividend Growers In the News
- Intel Corporation (INTC) Dividend Stock Analysis
- ONEOK Inc (OKE) Dividend Stock Analysis
- Seven Dividend Stocks Sharing Their Success with Sharholders
- Eight Cash Machines Hiking Dividends
- V.F. Corporation (VFC) Dividend Stock Analysis
- How much money do you really need to retire with dividend paying stocks?
- Six Reliable Dividend Growth Stocks Raising Distributions
- Eaton Vance (EV) Dividend Stock Analysis
- Dividend Growth Stocks – The best kept secret on Wall Street
- Three Dividend Growth Stocks raising the bar
- Enterprise Products Partners L.P. (EPD) Dividend Stock Analysis
- Is Buy and Hold Dividend Investing dead?
- Nine Consistent Dividend Raisers in the News
- Sysco Corporation (SYY) Dividend Stock Analysis
- Dividend Stocks for the next decade and beyond
- Eleven Dividend Machines Beating Inflation
- Lockheed Martin Corporation (LMT) Dividend Stock Analysis
- High Income Stocks for a Dividend Growth Portfolio
- Six Notable Dividend Growth Stocks in the News
- Lowe’s Companies (LOW) Dividend Stock Analysis
- Why dividend investing beats US Treasuries today?
- Commerce Bancshares (CBSH) Dividend Stock Analysis
- Genuine Parts (GPC) Dividend Stock Analysis
- Dividend investing timeframes- what's your holding period?
- Top Dividend Stocks for 2010, 3Q Update
- Nucor Corporation (NUE) Dividend Stock Analysis
- Another reason for companies to pay dividends
- Two Consistent Dividend Paying Stocks in the News
- Piedmont Natural Gas (PNY) Dividend Stock Analysis
- How to make money in dividend stocks despite Wall Street
- Eleven Stocks on the Dividend Rebound
- Has the time for Tech Dividends arrived?
- Six companies with 20% yields on cost
- 7 Dividend Stocks Raising Dividends and Returns
- Altria (MO) Dividend Stock Analysis
- Four International Dividend Stocks to Consider
- Five Dividend Machines Raising Distributions
- Medtronic (MDT) Dividend Stock Analysis
- The New Dividend Achievers of 2010
- Altria Delivers Another Smoking Hot Dividend Increase
- Aflac (AFL) Dividend Stock Analysis
- 1991 Dividend Achievers additions- Where are they now?
- Exxon Mobil’s Stingy Dividend Payout
- Illinois Tool Works (ITW) Dividend Stock Analysis
- Eight Dividend Stocks Yielding More than Fixed Income
- Six Notable Dividend Increases for the week
- Cardinal Health (CAH) Dividend Stock Analysis
- 33 Dividend Champions to Consider
- 24 Dividend Paying Companies Confident in the Economic recovery
- $50 Tradeking Brokerage Cash Bonus
- Automatic Data Processing (ADP) Dividend Stock Analysis
- Buy and hold dividend investing is not dead
- 12 High Yield Stocks Raising Dividends
- Chubb Corporation (CB) Dividend Stock Analysis
- Dividend yield or dividend growth?
- General Electric (GE) raises dividend; 15 other companies follow suit
- Wal-Mart (WMT): A High Dividend Growth Stock
- Strong Brands Grow Dividends
- Twelve Dividend Stocks in the news
- Walgreen (WAG) Dividend Stock Analysis
- 14 Dividend Stocks with Dividend Growth Potential
- Will higher taxes bring dividend stocks down?
- Family Dollar Stores (FDO) Dividend Stock Analysis
- Dividend ETF or Dividend Stocks?
- McDonald’s Corporation (MCD), a must own dividend stock
- Best High Yielding Stocks for 2010, Q2 Update
- Benchmarking Dividend income
- Four High Yield REITs for current income
- Johnson & Johnson (JNJ):the best dividend growth stock in the world
- Dividend Investing Myths
- Highest Yielding Dividend Stocks of S&P 500
- Air Products and Chemicals (APD) Dividend Stock Analysis
- Five Dividend Stocks which beat Index Funds
- Five Reliable Dividend Stocks in the News
- Is BP’s dividend safe?
- Royal Dutch Shell – An Undiscovered Dividend Gem
- How to increase your dividend income with these four income stocks
- Three Dividend Stocks to Capitalize on BP’s weakness
- Coca Cola (KO) Dividend Stock Analysis
- Dividend Investing Works in All Markets
- H.J.Heinz and Lowe’s reward shareholders with higher dividends
- Chevron Corporation (CVX) Dividend Stock Analysis
- A dividend portfolio for the long-term
- Why Dividend Growth Stocks Rock?
- Exxon Mobil (XOM) Dividend Stock Analysis
- Dividend Payback from six quality dividend stocks
- How to Uncover Hidden Dividend Gems
- Clorox (CLX) Dividend Stock Analysis
- Four Characteristics of The Best Dividend Growth Stocks
- Sixteen Dividend Companies focusing on the big picture
- 3M Company (MMM) Dividend Stock Analysis
- Procter & Gamble (PG) Time and Sales
- Are Dividend Investors Stock Pickers?
- United Technologies (UTX) Dividend Stock Analysis
- A record 22 companies boost dividend payouts
- Fixed Income for dividend investors
- Universal Health Realty Income Trust (UHT) Dividend Stock Analysis
- Johnson & Johnson and Procter & Gamble Deliver Con...
- Living off dividends in retirement
- MLPs Dominate Distribution Increases
- Health Care Property Investors, Inc. (HCP) Dividend Stock Analysis
- 16 Quality Dividend Stocks for the long run
- Six companies boosting future yield on cost
- Hingham Institution for Savings (HIFS) Dividend Stock Analysis
- Three Dividend Strategies to pick from
- PepsiCo, Inc. (PEP) Dividend Stock Analysis
- Top Dividend Stocks for 2010, 1Q update
- Four Percent Rule for Dividend Investing in Retirement
- Seven Dividend Stocks in the News
- Emerson Electric (EMR) Dividend Stock Analysis
- The right time to sell dividend stocks
- PepsiCo (PEP): a consistent dividend aristocrat
- Abbott Labs (ABT) Dividend Stock Analysis
- The right time to buy dividend stocks
- Bank Shareholders: Forget About Dividend Increases
- Procter & Gamble (PG) Stock Dividend Analysis
- Capitalize on China’s Growth with these dividend stocks
- Seven Dividend Increases in the news
- Kimberly-Clark Corporation (KMB) Stock Dividend Analysis
- The ten year dividend growth requirement
- Six Significant Dividend Increases
- Colgate-Palmolive (CL) Dividend Stock Analysis
- Seven dividend aristocrats that Buffett owns
- Four notable dividend increases
- McGraw-Hill (MHP) Dividend Stock Analysis
- Ten Dividend Kings raising dividends for over 50 y...
- Four Prominent Dividend Growth Stocks with rising ...
- Diageo (DEO) Dividend Stock Analysis
- Dividend Growth beats Dividend Yield in the long r...
- Twenty Dividend Increases in the news
- Unilever (UL) Dividend Stock Analysis
- Dividend Investors are getting paid for waiting
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▼ 2009 (201)▼ December 2009 (12)
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- Dividend Portfolios – concentrate or diversify?
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- Clorox (CLX) Dividend Stock Analysis
- Best International Dividend Stocks
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- Replacing dividend stocks sold
- General Motors (GM) bankruptcy trade
- Dividend Investors Running With the bulls
- MLPs for tax-deferred accounts
- Diversifying into small and mid cap dividend stocks
- The Sweet Spot of Dividend Investing
- Nine Dividend Stocks confident in raising dividends
- Dividend Investing vs Trading
- General vs Limited Partners in MLP's
- More Dividend Stocks to Avoid
- Eight Dividend Increases in the News
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- The Top 40 Dividend Stocks for 2009 book review
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- LCA Vision - A profitable Value Idea
- Eleven companies bucking the dividend cuts trend
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- The New Dividend Aristocrats
- Busiest week for dividends increases in 2009
- Chevron Corporation (CVX) Dividend Stock Analysis
- High-Yield Canadian Royalty Trusts vs Dividend Growth stocks
- Johnson & Johnson - a solid dividend aristocrat to own
- 10 Weekend Links
- Abbott Labs (ABT) Dividend Stock Analysis
- Best Big Companies for the Long Term
- The Hyperinflation Scam
- Dividend Stocks to Avoid
- Procter & Gamble (PG) – a reliable dividend aristocrat
- Special Dividends Unlock Hidden Value in Stocks
- Value Investing is all about finding market inefficiencies
- Wells Fargo (WFC) – show me the money
- Should you sell after a dividend freeze?
- Dividend Stocks Raising Payments in a rising market
- United Technologies (UTX) Dividend Stock Analysis
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- A merger arbitrage lesson to learn
- Dividend Stocks in the News
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- S&P Dividend Aristocrats under performing S&P 500 in 1Q 2009
- Best High Yield Dividend Stocks for 2009-1Q Update
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- McDonald’s (MCD) Dividend Stock Analysis
- Variable Annuities: The Fee Factor
- Using DRIPs for faster compounding of dividends
- Dividends are Powering Up the Tech Sector
- Ten Links for March 21, 2009
- AT&T (T) Dividend Stock Analysis
- Master Limited Partnerships (MLPs) – an island of opportunity for dividend investors
- Dividend Aristocrats keep raising their dividends
- Slow Week for Dividend Increases
- PepsiCo (PEP) Dividend Stock Analysis
- High Yielding Preferred Stocks Could Also Get the Dividend Ax
- Merck/Schering-Plough Merger Arbitrage Opportunity
- Another day, another dividend cut
- Government Intervention in the financial system is bad for shareholders
- 10 Links to Enjoy This Weekend
- Seven Solid Dividend Increases bucking the trend of dividend cuts
- Wells Fargo Joins the Crowd of Dividend Cutters
- Johnson & Johnson (JNJ) Dividend Stock Analysis
- Telling the truth or being positive?
- US Bancorp (USB) cuts its dividend by 88%
- No Risk Stock Market Investing
- Many Dividend Stocks Keep Raising Their Payments
- What I learned from Warren Buffett’s Most Recent Letter to Shareholders
- General Electric (GE) Cuts the Dividend
- Yield on Cost Matters
- The Demise of the Newspaper Industry
- Four Stocks Whose Nationalization Won’t Affect Stock Indexes
- Yet Another Financial Company Cutting Dividends
- Dividend Aristocrats Strike Back
- IBM Dividend Stock Analysis
- Should you follow Warren Buffett’s latest moves?
- Warren Buffet's Luxury Dividends at Tiffany’s
- America’s Finest Companies Keep Raising their Dividends
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- The Dividend Edge
- Seven Notable Dividend Increases in the news
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- My take on State Street’s dividend cut
- Altria (MO) - a recession proof high yield dividend stock
- As goes January so goes the year – Testing the January barometer
- Warren Buffet’s Investment in Harley-Davidson, don't get too excited about it
- Bad Start of the Week for Retail Investors
- Dividend Stocks proving that not all dividends are at risk
- Procter & Gamble (PG) Dividend Stock Analysis
- Using Tax Loss Harvesting to Find Dividend Bargains
- Pfizer/Wyeth Merger Arbitrage Opportunity
- Pfizer’s deal with Wyeth could be a blessing for shareholders
- Busy Week for Dividend Increases
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- Dividend Yields for major US indexes
- Six Dividend Stocks Raising the bar
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- Don’t chase High Yielding Stocks Blindly
- Bank of America (BAC) might have to cut dividends again
- Taking Stock in Coca-Cola (KO):
- Dividend Stocks in the news includes General Electric
- Dividend Cuts - the worst nightmare for dividend investors
- 2009 Dogs of the Dow
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- When to sell my dividend stocks?
- TARP is bad for dividend investors
- Best High Yield Dividend Stocks for 2009
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- Dividend Cuts could be spreading to commodities companies
- Dividends Keep Getting Raised despite bleak economy
- Dividends and The Great Depression
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- Are Dividend Investors betting that the worst is over?
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- 10 by 10: A New Way to Look at Yield and Dividend Growth
- Dividend Stocks in the news
- Investing Carnival - November 18, 2008
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- Zecco Online Discount Stock Brokerage Review
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- Six Dividend Stocks Increases in the news
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- BB&T Corporation (BBT) Stock Dividend Analysis
- Free Magazines
- Attractive Dividend Stocks in the buy zone
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- Repsol YPF (REP) Dividend Stock Analysis
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- Carnivals, Festivals and Blogs - September 28
- “The Top 40 Dividend Stocks for 2008 – How and Why to Build a Cash Machine of Dividend Stocks
- Unlimited Free Trades at Zecco in October!
- Nordic American Tanker (NAT) Dividend Stock Analysis
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- My biggest weakness as a dividend investor
- High yield stocks for current income
- Nokia (NOK) Stock Dividend Analysis
- Which candidate is better for dividend investors – Obama or McCain?
- Archer Daniels Midland (ADM) Dividend Stock Analysis
- Carnivals, Festivals and Blogs- September 14, 2008
- BP (BP) Stock Dividend Analysis
- 20 Top High Dividend Growth Stocks
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- Why did the market finish higher on Friday?
- Carnivals, Festivals and Blogs- September 7, 2008
- The Rule of 72
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- Attractively Valued International dividend stocks
- Carnivals, Festivals and Blogs- Labor Day Edition
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- International Dividend Achievers for diversification
- Introduction to Currency ETF’s
- PPG Industries (PPG) Dividend Stock Analysis
- Carnivals, Festivals and Blogs- August 24, 2008
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- Is $1,000,000 enough to retire on? Is $2,000,000 enough to retire on?
- Investing Carnival #8
- State Street Corporation (STT) Dividend Stock Analysis
- Carnivals, Festivals and Blogs- August 17, 2008
- Dow 370,000
- My Dividend Growth Plan - Money Management
- Year-to-Date changes in Dividend Aristocrats’ annual payments to shareholders
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- Carnivals, Festivals and Blogs- August 09, 2008
- The importance of investing for retirement as early as possible
- Selected Dividend Increases in July
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- Realty Income (O) Dividend Analisys
- Carnivals, Festivals and Blogs- August 02, 2008
- How much money do you really need to achieve financial independence?
- Gannett (GCI) leaves dividend unchanged at $0.40/quarter
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- Bank of America (BAC) Dividend Analysis
- Carnivals, Festivals and Blogs- July 26, 2008
- The ultimate passive investment strategy
- My Dividend Growth Plan - Strategy
- Is Pfizer (PFE) a value trap for investors?
- Carnivals, Festivals and Blogs- July 20, 2008
- Book Review: Stop Working
- United Technologies (UTX) Dividend Analysis
- Some Attractively Valued Dividend Stocks to Consider
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- Carnivals, Festivals and Blogs- July 12, 2008
- "Determining Withdrawal Rates Using Historical Dat...
- Dow Chemical (DOW) To Acquire Rohm and Haas (ROH)
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- Carnivals, Festivals and Blogs- July 05, 2008
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- Selected Dividend Increases in June
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- The Dividend Investing and Value Network (DIV-Net)
- Carnivals, Festivals and Blogs- June 29, 2008
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- When to sell your dividend stocks? Part 2
- Illinois Tool Works (ITW) Dividend Analysis
- Carnivals, Festivals and Blogs- June 22, 2008
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- 20 Highest-Yielding High Yield Dividend Aristocrats
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- Carnivals, Festivals and Blogs- June 14, 2008
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- How to protect yourself from rising gasoline prices
- Carnivals, Festivals and Blogs- June 7, 2008
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- Selected Dividend Increases in May
- Carnivals, Festivals and Blogs- May 31, 2008
- Question from a reader
- Consolidated Edison (ED) Dividend Analysis
- Automatic Data Processing (ADP) Dividend analysis
- Memorial Day Notes and News
- Kimberly-Clark (KMB) Dividend Analysis
- TEPPCO Partners (TPP) Dividend Analysis
- Carnivals, Festivals and Blogs
- Kinder Morgan Energy Partners (KMP) Dividend Analysis
- Why do I like Dividend Achievers
- American Capital Strategies (ACAS) Dividend Analysis
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- Dividend Conspiracies
- Carnivals, Festivals Blogs and Free Money - May 13
- PEP looks attractive
- Gannett Co (GCI) Dividend Analysis
- The friendliest states for dividend investors
- Valspar Corporation (VAL) Dividend Analysis
- Carnivals, Festivals and Blogs - May 06, 2008
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- Leveraged Investments
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- Carnivals, Festivals and Blogs - April 29, 2008
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- RPM Dividend Analysis
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- Blogs and Free Money - April 18,2008
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- Diversification and portfolio allocation
- APD Dividend Analysis
- Rewards Checking Accounts Overview
- Carnivals, Festivals Blogs and Free Money - April 11,2008
- USB Dividend Analysis
- Emerson Electric (EMR) Dividend Analysis
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- Carnivals, Festivals and Blogs
- CB Dividend Analysis
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- McGraw-Hill (MHP) Dividend Analysis
- Festival of Stocks #82
- The Bottom is in
- Clorox (CLX) Dividend Analysis
- Diversification Matters
- FDO Dividend Analysis
- Carnival of Money Stories #52
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- Dividend Growth Stocks Watchlist
- 3M dividend analysis
- The case for dividend investing in retirement
- Five Year Dividend Growth Rates for the High-Yield Dividend Aristocrats
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- Ten Things to Know About Dividends:
- Sherwin-Williams Company Dividend Analysis
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- Dividend Analysis of M&T Bank Corporation (MTB)
- Buying a house for $10? Where’s the catch?
- Analysis of General Electric
- Dividend Growth Investor Hosts the 78th Festival of Stocks
- Weekly Carnivals and Blog Reviews
- Warren Buffet - The richest investor in the World
- The next bubble in the making.
- Cola Wars - Coke versus Pepsi
- Weekly Carnivals and Blog Reviews
- Can money grow on trees?
- Alternative Streams of Income
- Johnson & Johnson (JNJ) Dividend Stock Analysis
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- The pros and cons of selling covered calls on divi...
- Long term returns of S&P high-yield aristocrats versus the S&P 500
- E-Trade Savings Account Bonus
- Carnivals
- Cincinnati Financial – An insurance stock to own
- The number one reason why i don't chase high-yield stocks
- Is Realty Income (O) a good stock to own?
- Carnival of Personal Finance
- Why do I like Dividend Aristocrats?
- Dividend Increases in January
- Outperform S&P500 with S&P500 futures, Part 2
- Outperform S&P500 with S&P500 futures, Part 1
▼ January 2008 (18)
- Privacy Policy for Dividend Growth Investor
- Carnival of Money Stories
- An alternative strategy to covered calls
- Covered Calls for additional income
- What’s a passive income from dividends?
- Account Opening Bonus for OptionsXpress
- Some Charts to watch
- My Current Watchlist
- Investment Guide
- My Goals
- The Fed Cut Rates by 0.75% this morning!
- $50 Sharebuilder Account Opening Bonus
- How I outperformed the market and how you can outperform S&P 500 in 2008
- A comparison of investing in high-yield, low dividend growth stocks versus investing in a low yield, high dividend growth stock without accounting for capital gainsMy Strategy
- Are Dividend ETF's for you?
- Why dividends matter?
- Why dividends?