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Strategies & Market Trends : Young and Older Folk Portfolio -- Ignore unavailable to you. Want to Upgrade?

To: chowder who wrote (249)	8/2/2021 1:10:56 PM
From: chowder	1 Recommendation Recommended By INCOGNIT0$ Read Replies (2) \| Respond to of 21727

Re: Older Folk Portfolio ... Add On Purchase. Today I added to MKC. MKC is a fairly new holding in this portfolio and thus is currently a small position. With today's add on purchase, I brought MKC up to $19,159 in value. With MKC I was looking for a company considered as a defensive position and a little more dividend growth, thus I'm looking for a Chowder Number above 10. The Chowder Number (someone else coined this phrase not me) is: Current Yield + 5 Year Dividend Growth = Equal 10 or higher. MKC has a yield of 1.61% and a 5 year dividend growth rate of 9.5% giving it a Chowder Number of 11.11. MKC has currently corrected from its high valuation and is currently off 20.19% from its 52 week high. I am buying the dip. In addition to this, MKC in it's latest earnings report announced a beat and raise. A beat and raise is where the company beats earnings and revenue expectations and then provides higher guidance going forward. McCormick (NYSE: MKC): Q2 Non-GAAP EPS of $0.69 beats by $0.07; GAAP EPS of $0.68 beats by $0.09.Revenue of $1.56B (+11.4% Y/Y) beats by $90M. Adjusted gross margin rate of 39.5% vs. consensus of 39.8%. For FY2021, the company increased its sales outlook to expected growth of 11%-13% vs. previous projection of 8%-10% and consensus of +9.3%. Adjusted EPS expectations raised from prior outlook of $2.97-$3.02 to $3-$3.05 vs. consensus of $2.99. I will continue adding to this position in the coming weeks.

To: chowder who wrote (249)	8/28/2021 7:36:47 PM
From: chowder	2 Recommendations Recommended By Menominee Zen Dollar Round Read Replies (5) \| Respond to of 21727

RE: OLDER FOLK PORTFOLIO ... UPDATE .. AUGUST 28, 2021. Portfolio Objective for 2021: Reach $250,000 in annual dividends. The objective has been achieved. Portfolio Balance: $6,195,642 Forward 12 months income: $254,807 Portfolio yield: 4.11% Dividend Growth 5 Years: 3.9% Holdings: 116 Beta: 0.62 Equity Full Position: $150,000 CEF Full Position: $40,000 Company/Symbol .... Position Size ... Income ... % of Portfolio Income OVERWEIGHT POSITIONS: Southern Company - SO .... $245,291 .... $9,813 .... 4.0% AbbVie - ABBV ................... $214,158 .... $9,399 .... 3.5% Johnson & Johnson - JNJ .. $201,590 .... $4,942 .... 3.3% Duke Energy - DUK ........... $199,888 .... $7,524 .... 3.2% Realty Income - O .............. $197,647 .... $7,806 .... 3.2% NextEra Energy - NEE ...... $187,673 .... $3,465 ..... 3.0% Procter & Gamble - PG ..... $173,565 .... $4,243 ..... 2.8% W. P. Carey - WPC ........... $160,906 ..... $8,744 ..... 2.6% Xcel Energy - XEL ............ $159,659 ..... $4,252 ..... 2.6% FULL POSITIONS: Pepsi - PEP ...................... $151,839 ..... $4,213 ..... 2.5% Sempra - SRE ................... $150,247 .... $5,013 ..... 2.4% Coca-Cola - KO ................ $149,923 .... $4,525 ..... 2.4% UNDERWEIGHT POSITIONS: WEC Energy - WEC ......... $142,495 .... $4,090 ... 2.3% Kimberly-Clark - KMB ....... $132,814 .... $4,441 ... 2.1% Bank of Montreal - BMO ... $130,172 .... $4,353 ... 2.1% Toronto-Dominion - TD ..... $116,342 .... $4,386 ... 1.9% Home Depot - HD ............. $112,860 ... $2,303 .... 1.8% Target - TGT ..................... $111,633 .... $1,612 ... 1.8% Genuine Parts - GPC ....... $110,256 ... $2,906 .... 1.8% Altria - MO ................................. $89,005 .... $6,469 ... 1.4% Verizon - VZ ............................... $84,029 .... $3,850 .. 1.4% American Water Works - AWK ... $77,570 ... $1,098 ... 1.3% Abbott Laboratories - ABT ......... $76,249 ... $1,101 ... 1.2% Unilever PLC - UL ..................... $71,497 .... $2,572 ... 1.2% General Mills - GIS ................... $69,706 .... $2,463 ... 1.1% Prudential - PRU ...................... $62,698 ..... $2,686 ... 1.0% Tyson Foods - TSN .................... $41,689 .. $945 ...... 0.7% American States Water - AWR ... $40,969 .. $661 .......0.7% (New Position) Clorox - CLX .............................. $42,328 ... $1,141 .. 0.4% American Electric Power - AEP .. $40,091 .. $1,329 .. 0.6% (New Position) Alliant Energy - LNT ................... $40,033 .. $1,059 .. 0.6% (New Position) Royal Bank of Canada - RY ....... $39,992 .. $1,310 .. 0.6% (New Position) Chesapeake Utilities - CPK ........ $39,910 .. $593 ..... 0.6% (New Position) Brookfield Infrastructure - BIPC .. $39,614 .. $1,285 .. 0.6% (New Position) California Water Service - CWT .. $39,501 .. $576 .... 0.6% (New Position) Canadian Imperial Bank - CM .... $39,122 .. $1,562 .. 0.6% (New Position) Texas Instruments - TXN ........... $37,532 ... $803 ..... 0.6% Hormel Foods - HRL .................. $37,014 ... $807 .... 0.6% Broadcom - AVGO ..................... $34,220 ... $993 ..... 0.6% Lockheed Martin - LMT ............. $30,769 ... $884 ..... 0.5% Fastenal - FAST ........................ $28,948 ... $582 ..... 0.5% McCormick & Co. - MKC .......... $26,930 .... $429 .... 0.5% Sysco - SYY ............................. $22,149 .... $518 .... 0.4% Brookfield Renewable - BEP..... $21,099 .... $628 .... 0.3% Celanese - CE ......................... $20,672 .... $350 .... 0.3% General Dynamics - GD ......... $20,191 ..... $490 .... 0.3% Amgen - AMGN ..................... $19,827 ... $626 ... 0.3% Air Products - APD ................ $18,795 ... $420 ... 0.3% Union Pacific - UNP .............. $16,386 ... $316 ... 0.3% BlackRock - BLK ................... $14,324 ... $247.... 0.2% Paychex - PAYX ................... $14,068 .... $324 ... 0.2% Crown Castle - CCI .............. $10,694 .... $297 ... 0.2% Tractor Supply - TSCO ........ $10,005 .... $108 .... 0.2% (New Position) Graco - GGG ....................... $9,049 .... $87 .... 0.1% (New Position) Costco - COST .................... $9,007 .... $63 .... 0.1% (New Position) Mastercard - MA .................. $8,893 .... $44 .... 0.1% (New Position) Nike - NKE .......................... $8,714 ..... $57 ... 0.1 % (New Position) Dollar General - DG ............ $8,560 ..... $63 ... 0.1% (New Position) Deere & Company - DE ...... $7,969 ..... $88 ... 0.1% (New Position) Cummins - CMI ................... $5,046 .... $121 .. 0.1% (New Position) Nasdaq - NDAQ .................. $5,030 .... $56 .... 0.1% (New Position) Hershey - HSY .................... $4,039 .... $82 .... 0.1% (New Position) Starbucks - SBUX ............... $4,029 .... $63 .... 0.1% (New Position) Mondelez - MDLZ ............... $3,961 .... $89 .... 0.1% (New Position) Norfolk Southern - NSC ...... $3,912 ... $65 .... 0.1% (New Position) Toro - TTC .......................... $3,882 ... $36 ..... 0.1% (New Position) Pool Corp - POOL .............. $3,882 ... $25 ..... 0.1% (New Position) STERIS plc - STE .............. $3,845 ... $30 ..... 0.1% (New Position) Lancaster Colony - LANC ... $3,776 ... $63 .... 0.1% (New Position) --------------- CEF's: Company/Symbol .... Position Size ... Income ... % of Portfolio Income OVERWEIGHT POSITIONS: Reaves Utility Income - UTG ...................... $163,670 ... $10,628 ... 2.7% ... 6.40% yield DNP Select Income - DNP ......................... $152,518 ... $10,954 ... 2.5% ... 7.18% yield Pimco Corporate Income - PTY ................. $151,333 ... $11,745 ... 2.4% ... 7.76% yield Cohen & Steers REIT Income - RNP........... $87,788 ..... $4,938 .... 1.5% ... 5.49% yield AllianzGI Diversified Income - ACV ............. $71,111 ..... $3,983 .... 1.1% ... 5.60% yield Cohen & Steers Infrastructure - UTF .......... $60,774 ..... $3,920 .... 1.0% ... 6.45% yield Calamos Strategic Total Return - CSQ ....... $59,502 ..... $3,892 .... 1.0% ... 6.54% yield Eaton Vance Tax Advantage - ETO ............. $57,292 ..... $3,808 .... 0.9% ... 6.65% yield Virtus AllianzGI Artificial Intelligence - AIO .. $49,545 ..... $2,682 .... 0.8% ... 5.41% yield BlackRock Sience & Tech. - BSTZ .............. $49,370 ..... $2,495 .... 0.8% ... 5.05% yield Tekla Healthcare Opportunities - THQ ........ $48,618 ..... $2,675 .....0.8% ... 5.50% yield Pimco Dynamic - PDO ................................ $46,442 ..... $3,074 .... 0.8% ... 6.59% yield Blackrock Science & Tech. - BST ................ $45,269 .... $2,286 .... 0.7% ... 5.01% yield UNDERWEIGHT POSITIONS: John Hancock Tax Advantaged - HTD ............. $37,241 .... $2,088 .... 0.7% .. 6.74% yield Duff & Phelps Utility & Infrastructure - DPG ..... $40,312 ... $3,868 ..... 0.7% ... 9.60% yield Cohen & Steers Quality Realty - RQI ............... $39,700 .... $2,400 .... 0.6% .. 6.05% yield Liberty All-Star Growth - ASG ........................... $39,632 ... $3,090 ..... 0.6% .. 7.80% yield Eaton Vance Tax Advantage - EVT ................... $37,335 ... $2,567 .... 0.6% .. 6.88% yield Eagle Point Credit - ECC .................................. $31,008 ... $3,216 .... 0.5% .. 10.37% yield Ares Dynamic Credit Allocation - ARDC ........... $30,420 ... $2,190 .... 0.5% ... 7.20% yield Special Opportunities - SPE ............................. $30,156 ... $2,479 ... .0.5% ... 8.22% yield Eaton Vance Short Duration Bonds - EVG ....... $29,718 ... $2,964 .... 0.5% .. 10.29% yield Calamos Dynamic Convertible Income - CCD .. $29,540 .. $2,237 .... 0.5% .... 7.57% yield Guggenheim Strategic Opportunities - GOF .... $26,629 ... $2,729 .... 0.4% .. 10.25% yield BlackRock Health Sciences II - BMEZ ............. $24,747 ... $1,524 .... 0.4% ... 6.14% yield Eagle Point Income - EIC ................................ $21,581 ... $1,769 ..... 0.3% ... 8.20% yield Eaton Vance Tax-Advantage - EXD ................. $20,718 ... $1,451 .... 0.3% ... 7.00% yield (New Position) Delaware Investments - DDF .......................... $20,646 ... $1,366 ..... 0.3% ... 6.62% yield (New Position) Flaherty & Crumrine Total Return - FLC ......... $20,465 ... $1,324 ..... 0.3% ... 6.46% yield Eaton Vance Tax-Managed Global - ETW ...... $20,113 .... $1,580 .... 0.3% ... 7.86% yield BlackRock Income - BKT ......................... $19,750 ... $1,287 ... 0.3% ... 6.52% yield Flaherty & Crumrine Preferred - FFC....... $19,209 ... $1,270 ... 0.3% ... 6.61% yield Calamos Global Income - CHW .............. $19,048 ... $1,509 ... 0.3% ... 7.92% yield John Hancock Financial - BTO ............... $15,092 .... $754 ...... 0.2% ... 5.00% yield (New Position) BackRock Core Bond - BHK ................... $15,045 ... $826 ...... 0.2% ... 5.49% yield BlackRock Health Sciences - BME ......... $14,761 ... $734 ...... 0.2% ... 4.98% yield Gabelli Dividend & Income - GDV ........... $10,184 ... $500 ...... 0.2% ... 4.91% yield Gabelli Healthcare - GRX ........................ $10,163 ... $446 ...... 0.2% ... 4.39% yield Eaton Vance Municipal Bond - EIM ......... $10,124 ... $435 ...... 0.2% ... 4.30% yield Eaton Vance Municipal Bond - EVN ............ $5,141 ... $205 ... 0.1% ... 4.00% yield DWS Municipal Income - KTF ..................... $5,059 ... $206 ... 0.1% ... 4.08% yield Nuveen Intermediate Municipal - NIQ ......... $5,042 ... $170 ... 0.1% ... 3.41% yield Nuveen Select Tax-Free - NXP ................... $5,002 ... $156 ... 0.1% ... 3.12% yield (New Position) Nuveen Select Tax-Free II - NXQ ............... $4,992 .... $156 ... 0.1% ... 3.14% yield (New Position) AllianceBernstein Municipal Income - AFB .. $4,990 ... $210 ... 0.1% ... 4.23% yield Eaton Vance Municipal Income - ETX ......... $4,974 ... $181 ... 0.1% ... 3.64% yield (New Position) Federate Hermes Premier Municipal - FMN .. $4,942 .. $202 .. 0.1% ... 4.09% yield (New Position) AUGUST HIGHLIGHTS: EIC raised dividend by 33% ETO raised dividend by 26% ECC raised dividend by 20% DE raised dividend by 17% (second raise this year) EVT raised dividend by 12% STE raised dividend by 7.5% MO raised dividend by 4.7%