SA has announced the death of the blogs. It has not happened yet, but they sent out an email to their contributors.
I wrote this and am copying and pasting it here, cause I thought it was worth doing
I do trim winners and reinvest the proceeds into companies with a combination of better valuation, higher yield and equivalent safety scores.
For example, CSCO has been on a little run. Our position is up 40% and, as a result, the yield is now 2.38% Safety score is 91. Last divvy increase 2.8%
I could trim that 40% unrealized cap gains and put the money into any of the following 3, with an increase in current yield and not a lot of difference in dividend safety - and better valuation for EOG and LMT
D yields 3.46%, SSD score 80, last divvy increase, 6% (and that is the annual increase projected through 2025.)
EOG yields 3.35%, SSD score 82, last divvy increase 82% (plus a special of $2 a share being paid later this week)
LMT yields 3.20%, SSD score 84, last divvy increase 7.7%
I could trim CSCO back to a full position, more or less, and benefit ourselves. |
