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Strategies & Market Trends : Dividend investing for retirement

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To: Steve Felix who wrote (6313)	2/25/2011 11:32:42 AM
From: E_K_S	Read Replies (2) of 34328

Hi Steve - I made some recent purchases and sells in the IRA you might be interested in. The change nets a slightly higher dividend return and should provide a little more capital gain upside. It's only a 2% change in the portfolio. Sold - Empire District Electric Co. (EDE) - 5.9% yield Bought 3/6/2009 @ $18.29/share Sold 2/25/2011 @ $21.36/share Bought - ENERCARE INC (CSUWF.PK) - 9.3% yield 2/25/2011 @ $6.98/share Bought - Investors Real Estate Trust (IRET) 7.5% yield 2/25/2011 @ $9.15/share I figure the upside for EDE was limited as it is trading near it's historical high. They offer a 3% discount on dividend reinvestment but Scwhab (where I have my IRA) does not participate. I own EDE shares in a taxable account and these shares will be moved to Ameritrade. Enecare is the new name for ConsumerWaterheater Co. I am hoping they provide a growth kicker as they have a historical high over $12.00/share. Business model is expanding into furnaces and "smart" appliances. This is my 2nd buy for the IRA and represents 2% of the portfolio. They pay dividends monthly and in the IRA are exempt from Canadian Foreign Tax withholding (per the U.S. treaty). Investors Real Estate Trust (IRET) is new to the portfolio. They are a small REIT located in the Midwest (Dakotas, Minnesota) and own apartment, medical office buildings and small strip malls. They use very little debt, usually finance purchases with cash and as an REIT distribute all income (and gains) to shareholders. In the past, almost 50% of their distributions were return of capital and in an IRA the adjustment to the cost basis does not matter. I am betting that their portfolio of real estate should increase in value (also rents) as their properties are located in the heart of the E&P Oil & NG shale region where Billions of new dollars are being spent. ------------------------------------------------------------------- I saw your BMY sale into SRV. Do you foresee any problem with the UBMT or does The Cushing MLP Total Return Fu (SRV) have no tax issue since they are a fund (ie no K1's). EKS

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