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Strategies & Market Trends : Dividend investing for retirement

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To: JimisJim who wrote (10499)12/4/2011 7:08:44 AM
From: Bocor  Read Replies (1) of 34328
 
I had never considered POM either. I had FE from 36, and like the old trader I was, I sold it under 42, and have waited unsuccessfully for it to come back. Sold EXC after the mess in Japan, presuming EXC would have a huge sell off which, needless to say, didn't happen.

Two good examples of buy and hold:)

Here is an interestng take on POM from S.A.

Pepco Holdings, Inc.
( POM), a mid cap utility, is currently trading around $19 per share. POM has the least attractive return on equity (5.86%) of all the utilities we are examining today. Price to book is 1.01 and the dividend yield is 5.60% but its sustainability is questionable given the current payout ratio of 91%.

http://seekingalpha.com/article/311641-illinois-tool-works-and-harris-corporation-two-3-yielders-worth-picking-up-now?ifp=0&

I sort of lost faith in Carla after she recommended STON and GTY. I bought STON, got out even thankfully at 29 after too many red flags started to appear.

I will definitely investigate it further because the yield is certainly attractive, but there must be a reason for a yield higher than usual.
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