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Strategies & Market Trends : Dividend investing for retirement -- Ignore unavailable to you. Want to Upgrade?


To: John F. Poteraske who wrote (612)9/23/2007 8:23:12 PM
From: Steve Felix  Respond to of 34328
 
Thanks John. Dividend investing can verge on the edge of boredom, but then that is one thing I look forward to in the future.

Selling MFLR got me to looking over other bank holdings that have not been raising dividends. Seems, like MFLR, I've held because of past splits, that in the end don't add up to increasing $$$. At least not at an acceptable rate.

Since '03:

AANB dividend has gone from .46 a year to .525. That includes a 5% stock dividend in '04.

FRME has gone from .88 to 1.008 counting a 5% split in '03.

WTBA has gone from .61 to .68 which includes a 5% split in '04.

TRST has gone from .60 to .64 since '03, which is why I sold it originally. At 9.44 and a yield of 6.7%, I would do it again, but it is up 17% since then. It appears they are sitting on a pile of cash, but they aren't into sharing it, at least not yet. Insiders have been buying so I may be sorry later, but I feel change in the air.

Looking at AIB, IRE, ERIE, ZNT, ATG and PFE.