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Post by steadyeddy on Jan 31, 2021 17:03:44 GMT
Given the general frothiness in the market, I am considering allocating a small portion of my taxable portfolio to dividend stocks. I know this is different/contrary to prior opinions I have expressed, so pardon me Puhleez!!
This is a call to those of you with dividend investing experience.
If you are buying today, which stocks [US/Intl] would you buy for reasonable dividend safety and possible capital appreciation?
Thanks in advance.
Eddy
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Post by rhythmmethod on Jan 31, 2021 17:17:24 GMT
The only dividend stock I own is O. But I was buying it in March so my CB is very low. I add a little when it gets around 58ish, or lower. I like it bc it pays monthly. Currently the only purchases I'm making in that area are to SCHD.
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Post by steadyeddy on Jan 31, 2021 17:26:25 GMT
I just ran a screen @ Schwab of all their A rated stocks that are in mid/large capitalization with div yield 3% or above. It showed 19 stocks.
Here they are:
Symbol Description
AVGO Broadcom Inc
CAH Cardinal Health Inc
CFG Citizens Financial Group Inc
CSCO Cisco Systems Inc
FITB Fifth Third Bancorp
GPC Genuine Parts Co
HPQ HP Inc
IPG Interpublic Group of Companies Inc
MET MetLife Inc
MRK Merck & Co Inc
NRG NRG Energy Inc
OMC Omnicom Group Inc
PFE Pfizer Inc
PM Philip Morris International Inc
PRU Prudential Financial Inc
RF Regions Financial Corp
T AT&T Inc
VZ Verizon Communications Inc
WMB Williams Companies Inc
If you hold them in equal proportions (which I intend to do by buying fractional shares at Fidelity) you get 4.35% annual yield.
Your opinions are welcomed.
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Post by steadyeddy on Jan 31, 2021 17:51:53 GMT
The only dividend stock I own is O. But I was buying it in March so my CB is very low. I add a little when it gets around 58ish, or lower. I like it bc it pays monthly. Currently the only purchases I'm making in that area are to SCHD. RM - Since O is a REIT I suppose you hold it in an IRA? Thanks for your feedback. |
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Post by rhythmmethod on Jan 31, 2021 19:09:53 GMT
No, I hold O as well as SCHD in my non-sheltered. I hold FI and Bal funds in my IRAs along PRWAX. I wouldn't necessarily recommend O now. I do currently add to SCHD on pullbacks, however. The main reason I’m adding to SCHD, in addition to some income, is it’s one of the least over-bought funds I own, IMO.
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Post by steadyeddy on Jan 31, 2021 21:32:51 GMT
No, I hold O as well as SCHD in my non-sheltered. I hold FI and Bal funds in my IRAs along PRWAX. I wouldn't necessarily recommend O now. I do currently add to SCHD on pullbacks, however. The main reason I’m adding to SCHD, in addition to some income, is it’s one of the least over-bought funds I own, IMO. I am avoiding REITs in my taxable accounts. I will take a look at SCHD. Thanks. |
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Post by xray on Jan 31, 2021 22:20:17 GMT
For steadyeddy:
Some of us are dividend players [CapGain secondary] for some years now. With that said....
Looking at my current data [including last weeks analysis data], it appears that both the health securities and oil were in the lime light [gaining traction. In addition, looking at my Rf [risk assessment for this coming week], "GLP" is currently in play 10star [0-10star rating system], very positive "risk assessment" [Rf] of +0.999 [has to be >+0.538 for continued portfolio inclusion], increased their dividend [currently >10%] on 1/26/2021 to $0.55 from $0.50/Qtr [now $2.20/Yr] with a statement that they will pay the div from 10/1 /20 to 12/31/20 [x-div 2/8, pay 2/12], up in MktPrc last week [+$1.33], The forward "trend" [looking forward] is +4.83 [has to be >+1.89 for any positive movement up], and currently has a positive momentum of +3.17 [needs to be >+0.41]....
Disclosure: Some of us currently have GLP in our current portfolio's....
One single opinion of the many I am sure....
Live Long and Prosper....
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Post by steadyeddy on Feb 1, 2021 0:07:10 GMT
For steadyeddy: Some of us are dividend players [CapGain secondary] for some years now. With that said.... Looking at my current data [including last weeks analysis data], it appears that both the health securities and oil were in the lime light [gaining traction. In addition, looking at my Rf [risk assessment for this coming week], "GLP" is currently in play 10star [0-10star rating system], very positive "risk assessment" [Rf] of +0.999 [has to be >+0.538 for continued portfolio inclusion], increased their dividend [currently >10%] on 1/26/2021 to $0.55 from $0.50/Qtr [now $2.20/Yr] with a statement that they will pay the div from 10/1 /20 to 12/31/20 [x-div 2/8, pay 2/12], up in MktPrc last week [+$1.33], The forward "trend" [looking forward] is +4.83 [has to be >+1.89 for any positive movement up], and currently has a positive momentum of +3.17 [needs to be >+0.41].... Disclosure: Some of us currently have GLP in our current portfolio's.... One single opinion of the many I am sure.... Live Long and Prosper.... xray - You seem to have a scientific way to identify/invest in dividend stocks/widgets. I suppose you also have a sell discipline for the dividend holders you have? |
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Post by rhythmmethod on Feb 1, 2021 2:03:55 GMT
I just ran a screen @ Schwab of all their A rated stocks that are in mid/large capitalization with div yield 3% or above. It showed 19 stocks. Here they are: Symbol Description AVGO Broadcom Inc CAH Cardinal Health Inc CFG Citizens Financial Group Inc CSCO Cisco Systems Inc FITB Fifth Third Bancorp GPC Genuine Parts Co HPQ HP Inc IPG Interpublic Group of Companies Inc MET MetLife Inc MRK Merck & Co Inc NRG NRG Energy Inc OMC Omnicom Group Inc PFE Pfizer Inc PM Philip Morris International Inc PRU Prudential Financial Inc RF Regions Financial Corp T AT&T Inc VZ Verizon Communications Inc WMB Williams Companies Inc If you hold them in equal proportions (which I intend to do by buying fractional shares at Fidelity) you get 4.35% annual yield. Your opinions are welcomed. Depending on the size of your portfolio, that’s an awful lot to keep track of. I liquidated a similar port my wife inherited for the same reason. If you really need the income I’d say get SCHD and PCI or similar and call it a day. |
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Post by yogibearbull on Feb 1, 2021 2:14:45 GMT
There are too many dividend ETFs. But 3 standouts are VG current-dividend VYM, VG dividend-growth VIG, middle-course SCHD [just because Schwab has only 1 dividend ETF].
FWIW, I wasn't impressed by Schwab A-to-D stock lists. Few years ago, I gave its long-short SWHEX a try. It was based on the simple idea of being long Schwab A-stocks and short D-stocks. Fund performance was very underwhelming and ER quite high. Finally I dumped it. If this sort of thing worked, brokers would be rich running their own money and not be in the business of selling advice that may or may not work.
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Post by steadyeddy on Feb 1, 2021 2:20:36 GMT
Good feedback, RM & YBB ... I will ponder for longer before acting. I think the ETF route might make more sense for "low effort" portfolio.
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Post by steadyeddy on Feb 1, 2021 21:59:19 GMT
There are too many dividend ETFs. But 3 standouts are VG current-dividend VYM, VG dividend-growth VIG, middle-course SCHD [just because Schwab has only 1 dividend ETF]. FWIW, I wasn't impressed by Schwab A-to-D stock lists. Few years ago, I gave its long-short SWHEX a try. It was based on the simple idea of being long Schwab A-stocks and short D-stocks. Fund performance was very underwhelming and ER quite high. Finally I dumped it. If this sort of thing worked, brokers would be rich running their own money and not be in the business of selling advice that may or may not work. After pondering over my exuberant "individual stocks for dividends" strategy, I have for now put it on ice primarily because as YBB said I am not sure I should trust Shchwab's A ratings - and I do not know why they rate AT&T as 'A' when most of the world thinks it could be a value trap with 7% dividend. Back to mutual funds and ETFs. Thank you all for providing feedback. |
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