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


To: Ditchdigger who wrote (20833)10/3/2014 12:10:58 PM
From: E_K_S  Respond to of 34328
 
Ship Finance International Limited (SFL)

I added some SFL shares at $16.61/share for the ROTH and taxable account. It's been a long time since I I added any shares but their qualified div of 9.5% is quite attractive. I sold some REITs for small gains (GOV). Their div is/was taxed as ordinary income.

Therefore, SFL should contribute nice cash flow to the dividend pot in both accounts. It's tax efficient too.

My SDRL keeps leaking oil and I may have to average down. Like Jim has stated, SDRL's customers are the large Integrated Oil companies and have a long time table when starting a project. For me, as long as the dividend income comes in as stated by management, I do not care too much about the stock price. I will continue to add a few shares to bring down my avg cost.

EKS



To: Ditchdigger who wrote (20833)10/3/2014 1:07:11 PM
From: JimisJim  Respond to of 34328
 
I'm probably going to add more to my swing trade position -- I haven't touched the DGI PF position and simply reinvest the dividends... which is quite nice at these prices.