Aug 3, 2016
Jul 26, 2016
Chasing Income & Yield - buying DNP (100 shares, $78 div income)
DNP Select Income Fund Inc. (NYSE: DNP) is a diversified, closed-end management investment company. Its primary investment objective is current income and long-term growth of that income. Capital appreciation is a secondary objective.
The Fund seeks to achieve its investment objectives by investing primarily in a diversified portfolio of equity and fixed income securities of companies in the public utilities industry.
Top 10 holdings:
as of 4/30/2016 (src: www.dnpselectincome.com)
The Fund seeks to achieve its investment objectives by investing primarily in a diversified portfolio of equity and fixed income securities of companies in the public utilities industry.
Top 10 holdings:
| NextEra Energy Inc. | 3.7% |
| Alliant Energy Corp. | 3.4% |
| Westar Energy Inc. | 3.3% |
| CMS Energy Corp. | 3.2% |
| Eversource Energy | 3.2% |
| Sempra Energy | 3.0% |
| DTE Energy Co. | 2.8% |
| WEC Energy Group Inc. | 2.8% |
| Ameren Corp. | 2.7% |
| Public Service Enterprise Group Inc. | 2.6% |
Since 1987, this fund has produced an annualized return of over 9% (src:longrundata.com) on its dividend. Is that consistency or what !
I'm confident this fund will continue to perform and I hope to collect steady income from this holding for a very long time.
This purchase will add $78 dividend income to my dividend stock portfolio
Basic info:
Market CAP: 2.99B EPS:$0.38 Dividend: $0.78 (7.33%)
This purchase will add $78 dividend income to my dividend stock portfolio
Market CAP: 2.99B EPS:$0.38 Dividend: $0.78 (7.33%)
Jul 7, 2016
Stock Buy - Chasing High Yield NRZ (100 shares, $180 div income)
New Residential Investment Corp. (NYSE: NRZ) is a real estate investment trust investing and managing excess mortgage servicing rights. A mortgage servicing right (“MSR”) provides a mortgage servicer with the right to service a pool of mortgage loans in exchange for a fee.
Despite current mortgage rates at historic lows (bad for NRZ), tight lending standards and banking regulations have actually helped NRZ get more business from banks who owned a majority of MSRs.
The recent events in Europe (Brexit) has ensure that interest rates will be lower for longer but this will not last forever. Eventually interest rates will start to rise again. In the meantime I'll gladly collect the 14% dividend and using it to buy more shares :)
This purchase will add $180 dividend income to my dividend stock portfolio
Basic info:
Market CAP: 2.95B EPS:$1.44 Dividend: $1.84 (14.10%)
Market CAP: 2.95B EPS:$1.44 Dividend: $1.84 (14.10%)
Jul 1, 2016
Buy, Hold or Sell ? (Ford & General Motors)
I think Ford (NYSE:F) & General Motors (NYSE:GM) will do well in this high tech future.
(Disclosure: Long F & GM)
Jun 30, 2016
Brexit is over. I'm waiting for next shoe to drop ??
I read somewhere the best time to own a consistent dividend paying company is 30 years ago and the next best time is today. Basically we should not time the market and always be invested.
However I'm hoping the market gives me another opportunity like Brexit did this week.
I don't mind adding more some quality stocks at lower attractive entry prices.
My watchlist includes:
Qualcomm (NYSE: QCOM) (4% div yield) - got their chips in my phone, good stuff :)
Vodafone (NASDAQ: VOD) (5% div yield) - beaten down and unloved in UK
Boeing (NYSE: BA) (~3.3% div yield) - hope to grab some below $120/shr
Barclays (NYSE: BCS) (5% div yield) - beaten down UK bank, higher risk => higher return eventually ?
HSBC (NYSE: HSBC) (8% div yield!) - high yielding beaten down UK /Worldwide bank
GlaxoSmithKline (NYSE: GSK) (~5% div yield) - beaten down UK healthcare company
Disclaimer:
All information is provided as-is and is for informational purposes only.The stocks mentioned in this blog are not considered to be past, present or future recommendations to buy or sell them. Ideas presented are just my personal opinions and are NOT be considered as investment recommendations or advice. All investors should consult a qualified professional before trading any stock.
However I'm hoping the market gives me another opportunity like Brexit did this week.
I don't mind adding more some quality stocks at lower attractive entry prices.
My watchlist includes:
Qualcomm (NYSE: QCOM) (4% div yield) - got their chips in my phone, good stuff :)
Vodafone (NASDAQ: VOD) (5% div yield) - beaten down and unloved in UK
Boeing (NYSE: BA) (~3.3% div yield) - hope to grab some below $120/shr
Barclays (NYSE: BCS) (5% div yield) - beaten down UK bank, higher risk => higher return eventually ?
HSBC (NYSE: HSBC) (8% div yield!) - high yielding beaten down UK /Worldwide bank
GlaxoSmithKline (NYSE: GSK) (~5% div yield) - beaten down UK healthcare company
Disclaimer:
All information is provided as-is and is for informational purposes only.The stocks mentioned in this blog are not considered to be past, present or future recommendations to buy or sell them. Ideas presented are just my personal opinions and are NOT be considered as investment recommendations or advice. All investors should consult a qualified professional before trading any stock.
Jun 28, 2016
Stock Buy - General Motors (50 shares, $76 dividend income)
"Don’t throw out the baby with the bathwater" is the lesson that comes to my mind in this current stock market volatility. It seems like some quality stocks were sold off after Brexit and so I went discount shopping.
I added 50 shares of General Motors (NYSE:GM) after 2 straight down days in the US market. GM is the manufacturer of car brands Buick, Cadillac, Chevrolet (maker of popular electric Chevy Volt) and GMC. The company emerged from a 2009 bankruptcy restructuring with investments from Uncle Sam and has slowly return to profitability again.
With increasing sales growth in asia and investments in hybrid, electric and self-driving technologies such as recent purchase of Cruise Automation, I think the company is on the right path to sustainable growth. After a volatile past few days, their dividend yield is now over the 5% mark and this makes it both an attractive income and growth stock IMO.
This purchase will add $76 dividend income to my dividend stock portfolio
Basic info:
Market CAP: 41B EPS:$6.68 Dividend: 1.52 (5.36%)
I added 50 shares of General Motors (NYSE:GM) after 2 straight down days in the US market. GM is the manufacturer of car brands Buick, Cadillac, Chevrolet (maker of popular electric Chevy Volt) and GMC. The company emerged from a 2009 bankruptcy restructuring with investments from Uncle Sam and has slowly return to profitability again.
With increasing sales growth in asia and investments in hybrid, electric and self-driving technologies such as recent purchase of Cruise Automation, I think the company is on the right path to sustainable growth. After a volatile past few days, their dividend yield is now over the 5% mark and this makes it both an attractive income and growth stock IMO.
This purchase will add $76 dividend income to my dividend stock portfolio
Market CAP: 41B EPS:$6.68 Dividend: 1.52 (5.36%)
Jun 6, 2016
Cognitive Biases
I have been and may still be guilty of all these biases in trading and investing.
Human personality and psychology traits plays a huge part in the stock market game. I try to follow some combination of fundamental or technical analysis to help reduce bad decision making based on flawed thinking but it's more art than exact science.
I have tried day trading with mixed results. I have gambled on penny stocks and lost. I bought terrible speculative stocks and held them too long. After more than 10 yrs playing this game, I have settled on a combination of 5-10% short term trading and 90% in long term dividend reinvestment plans. It gives me the SWAN ("sleep well at night") feeling :))
Human personality and psychology traits plays a huge part in the stock market game. I try to follow some combination of fundamental or technical analysis to help reduce bad decision making based on flawed thinking but it's more art than exact science.
I have tried day trading with mixed results. I have gambled on penny stocks and lost. I bought terrible speculative stocks and held them too long. After more than 10 yrs playing this game, I have settled on a combination of 5-10% short term trading and 90% in long term dividend reinvestment plans. It gives me the SWAN ("sleep well at night") feeling :))
Source: stockcharts.com
Jun 3, 2016
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