| | | Thx Steve... I like having more tickers to DD... the more the merrier... I'm not always consistent or even good at screening massive numbers of stocks and tend to also be all over the map when it comes to what do I actually look at and research...
To that end, I applied a slightly different screen and after filtering it and massaging the results a bit, I ended up with VLO... I've owned this one before back in my swing trading days -- a solid refiner that was taken out to the woodshed this past year or so and is trading at 52-week lows... however, if you pull up a 5-yr. chart on it, it's still trading at 2X - 3X share price from just 4 years ago and the yield has climbed to 4.63%... will spend more time with this one for sure.
Like you, I mix current high yielders with traditional DGI names... for every APU I have a GIS... it does seem to work well -- for me... that's why I call mine a hybrid DGI PF... now that my wife is rolling over her 403Bs, I'll probably advise her to lean more toward the aristocrats/champions and more traditional DGIers, but I'm sure there will be a significant higher yield segment -- we're definitely going to let it compound until RMDs kick in for her in 7 years -- a lot can happen between now and then... and again, there will likely be 2-3 higher yielders, lower CAGRs not on DRIP, but just to give some cash to the acct. since there won't be any more contributions. So far, stocks like LTS-A have done just that -- it did crumble quite a bit a while back, but as I wasn't even thinking about selling, it didn't matter to me and now look at it... right back where it started, plus all of the divvies, of course.
I'm on the fence with names like KO, PEP, MCD, GIS... seems like their sector/products/business is under pressure long term for various reasons in the consumer marketplace... however, when I'm on the fence, I tend to stay put... others that people tend to lump in with them, I'm more positive about and unless something changes am not likely to consider shedding: KMB, KHC, LMT, EMR, UL... even PG and JNJ will likely remain in my PF for the long haul -- again, if nothing else changes.
But the real bedrock for my DGI hybrid continues to be the utes -- and I include T and VZ in that category... the boring names like AVA, AEP, D, DUK, ED, LNT, NWN, SO, SRE, and WEC along with T and VZ are genuine SWAN holdings -- they put me to sleep and allow me to sleep peacefully just knowing they are in there.
The REITs add a little spice (and boost yield)... I still am waaaaay overweight O despite a couple rounds of shaving, NNN and WPC are getting up there in over-weightiness as has OHI... HCP, not so much and I'm kicking my thoughts about it around and back and forth... in the taxable acct. EPD, APU, MMP are "forever" positions and outside of my swing trade, the only MLPs... I may add some there before they run away as a sector... I dithered too long on some REITs and have non-buyer's remorse...
Thx again for your thoughts... I'll continue my stream of consciousness posting on redeployment efforts as they occur -- more to force me to sort my thoughts out than actually -- in all probability -- bring any real value to the discussion here as so many here are already aware of the issues and the names I'm throwing at the wall to see what sticks. |
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