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

To: E_K_S who wrote (32798)	6/4/2020 10:26:00 AM
From: geoffrey Wren	1 Recommendation Recommended By Spekulatius Read Replies (2) \| Respond to of 34328

WY suspended dividend: [May 1 release]-- Earlier Friday, Weyerhaeuser announced it is temporarily suspending its quarterly dividend to preserve liquidity and financial flexibility amid the coronavirus pandemic. The company reported better-than-expected first-quarter sales and profits, but it said macroeconomic fundamentals have continued to erode in the second quarter Weyerhaeuser Company, one of the world's largest private owners of timberlands, began operations in 1900. We own or control approximately 11 million acres of timberlands in the U.S. and manage additional timberlands under long-term licenses in Canada. We manage these timberlands on a sustainable basis in compliance with internationally recognized forestry standards. We are also one of the largest manufacturers of wood products in North America. Our company is a real estate investment trust. In 2019, we generated $6.6 billion in net sales and employed approximately 9,400 people who serve customers worldwide. We are listed on the Dow Jones Sustainability North America Index. WY would have seemed more protected, after all timberland can be left to grow another year. Overall investors making comments on Seeking Alpha were tolerating the dividend suspension okay. They see WY as a very long term holding. seekingalpha.com There is no obvious reason that COVID-19 would cause havoc at WY, but still they suspended the dividend. There are so many spillover effects when the whole economy goes down like it has. We are only seeing the beginning of dividend suspensions/reductions, IMO. And debts (assets in the hands of the lender) will be in much higher rates of default. So many BDC's chasing after yield will get knee-capped. I own AMNF. I expect them to suspend the dividend. It would be prudent, since their sales will be so far down. Still a good company.

To: E_K_S who wrote (32798)	6/4/2020 10:49:52 AM
From: maverick61	2 Recommendations Recommended By CusterInvestor E_K_S Read Replies (1) \| Respond to of 34328

Nice list EKS I also bought AMNF in the last month - I had considered it in the past but the yield was too low for me. The pullback in price did make it attractive. I had previously bought UBPPK in April and own a couple others on your list as long term holds I have been legging into these positions and some of my recent buys alas have run away from me - so a few I did not finish my full position. My buys in the past two weeks include BXP - bought on 5/26, 5/28 and 5/29 at average price of $84.30. This is an office realty trust with a really solid balance sheet and was yielding 4.65% at my buy price. It is in now yielding 4.1% which is still a decent buy given it's history EXR - bought on 5/26 at $90 and change and 5/29 at $95 - but am not chasing it further as it is now over $100. Self Storage REIT that I was willing to buy at a 3.8% to 4% yield CPT - another one I did not complete a full position. Bought this higher end Apartment REIT on 5/14 at an average of $82 which put it at a 4% yield. Alas can't bring myself to pull the trigger to finish the position now that it is in the mid 90s SPG - speculative buy - yes it is a Mall REIT but it is the best of the bunch. I suspect it's dividend will be cut but even when they cut in 08-09 they continued a reasonable payout. Even though it has run up from my buy price, it is still a decent speculative buy IMO It is harder to find bargains right now. A 4% yield is typically my threshold for buying

To: E_K_S who wrote (32798)	6/9/2020 8:51:57 AM
From: E_K_S	1 Recommendation Recommended By Kip S Respond to of 34328

WEC Energy raises Q2 EPS guidance Jun. 9, 2020 8:29 AM ET\|About: WEC Energy Group, Inc. (WEC)\|By: Carl Surran, SA News Editor WEC Energy (NYSE: WEC) raises Q2 earnings guidance after April and May sales volumes came in ahead of expectations. According to presentation slides, WEC now expects Q2 EPS of $0.67-$0.69 vs. prior guidance of $0.58-$0.62 and $0.67 analyst consensus estimate. For FY 2020, WEC reaffirms EPS guidance of $3.71-$3.75, in line with $3.73 consensus. The company says it had $2.2B of liquidity as of May 31. ------------------------------------------------ Been adding this utility to my dividend payers. Now trading at it's higher range so only adding shares at/below $85/share EKS