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 for retirement

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
From: chowder4/7/2013 6:00:28 PM
1 Recommendation  Read Replies (2) of 34328
 
COP has not raised their dividend on time. They have a funding gap between dividends and capital growth. They have been selling off assets and rearranging their business which creates an air of uncertainty for me.

I'm not sure they are going to raise the dividend this year and if I were them, I'd focus on the capital growth as well. That doesn't do me any good as a dividend growth investor though.

I think COP will do okay over the longer term, and some are willing to be paid 4.5% (the dividend) to wait. In my case, I can get 4.5% elsewhere and still grow the dividend while I wait.

I will look to replace COP in the coming week and it doesn't have to be in energy. MO is a consideration. Higher yield and still growing the dividend. I haven't decided yet.

I can always come back to COP when they start increasing the dividend again, but for now, dividend growth means dividend growth and COP isn't coming through for now.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext