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

To: chowder who wrote (13446)	12/15/2012 3:12:30 PM
From: rnsmth	1 Recommendation Respond to of 34328

Thanks dabum, I am just learning this stuff and benefiting a great deal from reading here and - surprise of surprises seeking alpha is pretty good for dividend growth reading. It sure sucks in a lot of areas though - but there are very good DGI writers and investors there. Appreciate your comments there.

To: chowder who wrote (13446)

12/15/2012 6:05:04 PM

From: Sergio H

Read Replies (1) | Respond to of 34328

D's own web site shows $2.94 in earnings over the last four quarters.

Qtr. Dec 11 ... 0.58
Qtr. Mar 12 ... 0.85
Qtr. Jun 12 ... 0.59
Qtr. Sep 12 ... 0.92

For the period, the divs paid were $2.077.

08/29/12	0.528
05/30/12	0.528
02/29/12	0.528
11/30/11	0.493

08/29/12	0.528
05/30/12	0.528
02/29/12	0.528
11/30/11	0.493

dividendchannel.com

So the payout ratio = 2.077/2.94= 71%

To: chowder who wrote (13446)	12/15/2012 7:32:57 PM
From: Triffin	Read Replies (1) \| Respond to of 34328

RE: D earnings discrepancies .. I think some of our data sources maybe mixing "operating earnings" vs "GAAP earnings" From Dominion's 3rd Q earnings release .. Oct 25, 2012 RICHMOND, Va., Oct. 25, 2012 / PRNewswire/ -- Dominion (NYSE: D) today announced unaudited reported earnings determined in accordance with Generally Accepted Accounting Principles (GAAP) for the three months ended Sept. 30, 2012, of $209 million ($0.36 per share), compared with reported earnings of $392 million ($0.69 per share) for the same period in 2011. Operating earnings for the three months ended Sept. 30, 2012, amounted to $526 million ($0.92 per share), compared to original operating earnings of $541 million ($0.95 per share) for the same period in 2011. Operating earnings are defined as reported (GAAP) earnings adjusted for certain items. Yahoo probably used the GAAP earnings of $0.36 for the quarter rather than the $0.92 in operating earnings .. That would account for the higher payout ratio that they show .. Triff ..