SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Dividend Investing

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Paul Senior who wrote (176)3/25/2003 4:04:31 PM
From: bob wallace  Read Replies (1) of 387
 
for the life of me I don't understand why you go for these piddling yields. even if you don't like REITs, something like JPM is now yielding ~5.5% - your companies would have to nearly double their dividends to reach this level.

there is another way to capture yield: that is to use cbs.marketwatch (or whatever) to get announcements of dividends, and especially those that are increased. I pick dividends of 35 cents or higher. I keep the stock price under $40 and look for volume over 100k.

under these conditions, I buy the stock on announcement day, and hold until the dividend is attained (plus 5 cents for costs). it works great, even if I do chicken out in this war market and sell before the dividend is actually reached.

naturally I do look at a chart first to make sure the stock is not in a death spiral or something - plenty of free info available to find these companies - I have found 97 that meet the above criteria - I eliminated another 10 or so (ADRs etc)- so that's about 350 trades a year, enough for me.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext