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


To: Steve Felix who wrote (6346)11/11/2010 10:44:37 AM
From: E_K_S  Read Replies (1) | Respond to of 34328
 
Hi Steve -

I was looking at my Schwab StreetSmart.com % Div Yield Screen for my positions and see that EGAS ranks well on my list. Here is a small list of the top candidates on my list.
finance.yahoo.com

Several of these stocks are now at the high end of their value range and/or may have limited dividend growth. However, along with EGAS, LLY might be another one to think of adding.

I also now have a good chunk of my income coming from high yielding preferred stocks.

My favorite that I recently added is MHR-C which pays a 10.25% monthly dividend. I am also looking at GMXR-B 9.25% preferred but the MHR-C pays monthly and probably has the same risk profile as GMXR.

Still the theme should be dividend growth and you do not get this with the preferreds. I am finding that the potential good dividend growers are yielding in the 3% range. There are many MLP that have the potential for growing their distributions that currently yields 5%-6%. This is down from the 7% area.

My strategy is to use the high yielding preferreds to spin off income and stay with the low yielding dividend growers for growth. MDU is still my favorite at prices below $20.00/share.

Good work with the EGAS, I think this one will work out fine for both the IRA and taxable account.

EKS