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

To: Tapcon who wrote (9081)	5/24/2011 4:17:15 PM
From: JimisJim	Read Replies (1) \| Respond to of 34328

Maybe muni bond CEFs would interest you, e.g., DSM and NMO... good yielders, CEFs and somewhat beaten down, but slowly recovering and pay divvies monthly... just the first thought off the top of my head and definitely in an out of favor sector. Good luck, Jim

To: Tapcon who wrote (9081)	5/24/2011 6:04:50 PM
From: E_K_S	Read Replies (3) \| Respond to of 34328

Hi Tapcon - Welcome to the "Dividend Investing for Retirement Board". You stated: "*I have been looking at shipping sector,"*. As mentioned above, SFL is a good candidate. This is #6 in my top holdings and I have owned this (and have added shares) since their original IPO (6/2004). During the meltdown SFL cut their dividend (which has been increased since then) but never suspended it. If you search the board for "SFL" you will see several informative posts on the company. The key that I have found when researching this sector for a strong dividend payer is to calculate the term of their average fleet contract(s). SFL's total fleet contract(s) average 13 years. Most of the other shippers that lock in long term contracts are only 3 or 4 years tops. These companies are then subject to the Boom & Bust cycles of this industry. The composition of their fleet determines the length of their contract charters. Drill Rigs can be leased out longer than dry bulk shippers. I have Buys in this stock ranging from $5.68/share to $16.00/share from 2006 to present. I have made some sales in 2007 and 2008 in the $29.00/share-$30.00/share. My average SFL cost is $13.30/share. My Yield On Cost is 11.5%. ------------------------------------------------------------------------- The "DOGs of the DOW" is also a good strategy. I have bought some of the Dogs over the years that rose to jewels. Honeywell International Inc. (HON) and EI DuPont de Nemours & Co. (DD) are two recent purchases (both bought in 9/2008). I believe HON was replaced in the DOW since I bought it. I have peeled off shares in both in 2010 but still own 50% my original shares. dogsofthedow.com Here are the 10 highest yielding Dow stocks on 12/31/10 dogsofthedow.com I own 7 of the 10: T, VZ, PFE, MRK, INTC, DD, & CVX I am watching CSCO as a possible add in the future. Keep the board posted on what you end up buying as it might be one I should add to my group. EKS

To: Tapcon who wrote (9081)	5/24/2011 9:40:28 PM
From: Steve Felix	Read Replies (2) \| Respond to of 34328

"throwing them out when the capital gains have reduced their yield, and hence, relative attractiveness?" If that is the plan it is more like aristocrat trading for retirement. Nothing wrong with that, but the price you get in at will be more important than it will be to someone figuring to never sell as long as all goes as planned. I think everyone likes to get in at least on a dip, but sometimes we are just fooling ourselves. ABT and JNJ as examples are no higher than they were in 2002. Buying the dip, any one of them, wasn't as important as getting the dividends each quarter. Max posted the Deschaine and Company site. Dated, as it is for third quarter 2010, but page 7 has 5 year average dividend yields, that can be checked against todays yields to gauge a stock against what it is selling for now versus average yield. deschaineandcompany.com As E_K_S brought up earlier, maybe you would want to park some funds in preferreds and await a dip in stocks you are interested in. I still have a bad taste from DSX. Came out with a good earnings report and cut their dividend at the same time. Never saw that coming. I own SFL and CPLP. I've been looking at SBLK. At this price, almost a call on their survival. Their CFO on the conference call almost talked me into buying a smidge: "We continue to reward our shareholders with a meaningful dividend at a current annualized yield in excess of 8%. We have a strong balance sheet and substantial gross contracted revenue of approximately $178 million that will allow us to capitalize on targeted opportunities. Star Bulk's current cash position stands at about $41 million and our remaining debt repayments for 2011, including the two Capesize new buildings, stand at $22 million, $32 million for 2012 and $31 million for 2013. All this with no exposure to interest rate swaps which has allowed us to take the full benefit of the prevailing low interest rate environment." So far away, it can't even smell an Aristocrat from where it is. Three years from now??? Unlike DSX, they seem committed to the dividend. A turnaround in 2013 /14 could make for nice profits and divs. OR they could be out of business.