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

To: Paul Senior who wrote (28512)	1/6/2018 5:22:02 PM
From: JimisJim	3 Recommendations Recommended By B.O. Plenty rnsmth RumbleFish Respond to of 34328

10% increases annually through 2020 in D divvy was announced last month: "Dominion Energy has maintained its record of dividend hikes with the board of directors approving a 10% increase in the quarterly dividend. The new dividend of 83.5 cents will be paid in March 2018. *This is in line with the company’s objective to increase annual dividend by 10% per year from 2017 to 2020, starting fourth-quarter 2017."* Full story here: zacks.com

To: Paul Senior who wrote (28512)	1/6/2018 5:31:50 PM
From: JimisJim	2 Recommendations Recommended By CusterInvestor Kip S Read Replies (1) \| Respond to of 34328

D is in both my wife's and my retirement accts. It is a reliable source of income that is increasing faster than inflation. I've had it for some years now and the total returns (cap gains plus divvies) are among the best of my holdings (noting that I was compounding via Drip until I retired last year). With the SCANA deal (which by all indications will be approved easily) D increases the amount of biz that is regulated ute. D will have maybe the first, or among the first, LNG export capabilities on the East Coast, not GOM, which will give them a competitive edge for the EU market. D is building out ng infrastructure in the most prolific ng shale fields in the midwest up into the NE. D is hitting on all cylinders and IMO is one of the best SWAN stocks I own. Note that I am biased toward regulated utilities for reliable, increasing income throughout retirement years and own 8 between my wife and me. Note that in energy, I am also biased toward ng infrastructure players like EPD. With D, I get both. Not suitable for people who trade and get their income from selling cap gains because it's relatively low volatility doesn't really work for traders. YMMV, as it does seem you are focused more on cap gains than reliable and steadily increasing income stream over time. However, safety is not a concern with D, IMO.

To: Paul Senior who wrote (28512)	1/6/2018 6:29:06 PM
From: Max Fletcher	6 Recommendations Recommended By CusterInvestor E_K_S Graustus JimisJim Oblivious and 1 more member Respond to of 34328

Hi Paul, it’s always good to hear alternate viewpoints, and question ones analysis. My (fairly recent) purchase in D came on the basis of the company’s own recent forecast for 10% div increases through 2020, along with supporting analysis from M, SSD and Wells Farg. I have no particular expertise in utilities (and maybe others who do here can chime in) but I’ll copy a brief sampling of the notes I’ve kept in recent months that led to my purchase. (Edit, I see Jim has chimed in while I wrote this, thanks). Thank you for taking the time to post, an open discussion is always healthy. Good investing to all. Dominion is in the final stages of commissioning its first natural gas export terminal in Virginia. They have 20-year contracts in place with partners in Japan and India for American-sourced gas. M*: The key takeaway was our increased confidence that wide-moat businesses would generate approximately 50% of operating earnings by 2021 and dropdowns to Dominion Energy Midstream Partners, or DM, will generate sufficient cash flow to allow 10% common dividend increases over the next five years. To make its growth projections a reality, Dominion has multiple projects currently approved or under construction. These include its massive 1,588-megawatt gas-fired combined-cycle power plant located in Greensville County, Virginia which will be the largest and most efficient natural gas plant in the country. Management is investing heavily in natural gas, including massive projects such as the Cove Point LNG export terminal and the Atlantic Coast Pipeline. These projects are expected to generate substantial cash flow (backed by long-term contracts with customers) as they come online over the next few years. The market also underappreciates what we believe are near-certain 10% annual dividend increases and moatworthy growth opportunities driving high-single-digit EPS growth.

To: Paul Senior who wrote (28512)	1/6/2018 10:56:08 PM
From: maverick61	Read Replies (1) \| Respond to of 34328

My initial reaction was negative as I saw it diluting existing shareholders and buying a troubled utility in Scana. Seems to add more risk for D making it less of a SWAN stock/ However more reading has makes the case the purchase is a bargain So at this point I am on the fence - holding the D I own but neither adding nor reducing (although I did a small planned buy in a rollover IRA for my daughter. The funds just came in from her former job 401k and I had her set up a rollover IRA and set her up with 10 Dividend growth stocks, one of which was D. Each position is small, slightly under $1K each. But she is young and has plenty of time. Several articles on SA re th merger, pro and con - Worth a read seekingalpha.com seekingalpha.com seekingalpha.com