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

To: rnsmth who wrote (15191)	4/10/2013 11:23:07 AM
From: sm1th	Respond to of 34328

What would you guys do? I also have WAG, slightly under 1 year. It is up ~50% in that time, so as you noted the current yield is below my normal guideline. Since it is in a taxable account, I will hold at least long enough to move it to long term capital gains. At that point I will likely sell the position down closer to my standard size position.

To: rnsmth who wrote (15191)	4/10/2013 11:38:18 AM
From: JimisJim	2 Recommendations Respond to of 34328

roni, I re-screen my stocks periodically and sometimes find a holding that for whatever reason no longer passes my screens or my version of the chowder rule -- in my case, I'll hold on if the yield dips as long as yield plus 5-yr. ave. divvy growth = greater than 8 (though I admit, I'd prefer greater than 10). Note that I require that number to be 12 when initially entering the position, but will allow it to be 8 to continue holding, esp. if the yield component has dipped from cap gains and esp. if the stock is a steady divvy grower and esp. if it is a ute (or other regulated sector). My lowest yielder is currently ADP at ~2.75%, but the divvy growth rate keeps it above my chowder rule for holding (as long as it continues to increase the divvy, etc). 2.3% is on the low side, but with that divvy growth in the 20% range, as long as they keep that up, might be worth holding unless you have something better to replace it with. And that's becoming my problem: finding better replacements for when something fails the test/screen down the road. I am trying to remind myself that a lot of yields are tumbling as the stock market keeps rising in general -- so it's really all about the divvy growth right now for many of my holdings.

To: rnsmth who wrote (15191)	4/10/2013 12:07:16 PM
From: Steve Felix	Read Replies (1) \| Respond to of 34328

JMO, I think you have to figure out what investor you are. There are all kinds. Not right or wrong, but what works for you. I don't see many dividend articles talking preferreds, but my port is 9.1% invested in them. You like to sell at a 10% loss, where I would probably be more prone to add. For myself, I've found I make out better most times if I don't out think myself on stocks going up. A year ago MPW was $8.69, now $16.90. I find the dividends make it easier to hold. I didn't get as good a price on WAG, but bought it for the dividend growth so I'm not thinking of selling. On the other hand, I buy lots of dividend stocks looking for appreciation and not divvie growth. Then again, I'll add to trading dividend stocks going up, but not divvie growers. I'd rather wait for the next bargain to come along. Sometimes it is the one I just bought. :( 04/01/2013 00:00:01 QUALIFIED DIVIDEND (WU) 31.25 --- 02/07/2013 11:38:19 Bought 71 WU @ 14.5799 -1,045.12 --- 02/01/2013 14:32:17 Bought 133 WU @ 14.3398 -1,917.14 --- 12/31/2012 00:00:01 QUALIFIED DIVIDEND (WU) 5.75 --- 11/01/2012 12:14:40 Bought 46 WU @ 12.4998 -584.94 I was adding to RNDY with a 58% gain on my original shares. 03/22/2013 13:13:47 Bought 200 RNDY @ 6.4497 -1,299.89 --- 03/18/2013 00:00:01 QUALIFIED DIVIDEND (RNDY) 42.00 --- 02/08/2013 13:48:47 Bought 60 RNDY @ 6.02 -371.15 --- 12/20/2012 10:19:45 Bought 140 RNDY @ 4.6399 -659.54 --- 11/16/2012 10:21:42 Bought 150 RNDY @ 3.81 -581.45 OXY is down from my buys, but as soon as their price comes in to parity with PG, I'll swap for some more. 02/15/2013 15:43:58 Bought 50 OXY @ 84.72 -4,245.95 --- 02/15/2013 12:43:36 Bought 50 OXY @ 85.4 -4,279.95 --- 01/31/2013 09:52:59 Bought 50 OXY @ 86.9 -4,354.95 It's OK to be a hybrid. lol!