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re: Your best dividend stocks?

Posted on 1/3/16 at 10:08 am to
Posted by Htown Tiger
Houston
Member since Sep 2005
2312 posts
Posted on 1/3/16 at 10:08 am to
Curious to get people's feedback on this portfolio make-up for 2016. Going to invest in these 6 dividend stocks quarterly; goal is long-term hold of at least 20 years:

Stock Name Yield Price
MCY Mercury General Corporation Com 5.22 $46.57
XOM Exxon Mobil Corporation Common 3.69 $77.95
OHI Omega Healthcare Investors, Inc 6.33 $34.98
ETP Energy Transfer Partners, L.P. 12.8 $33.73
T AT&T Inc. 5.5 $34.41
HP Helmerich & Payne, Inc. Common 5.08 $53.55

Any over exposure? Thoughts on swapping XOM with any of the other players (Shell, Chevron, etc)?
This post was edited on 1/3/16 at 10:10 am
Posted by Htown Tiger
Houston
Member since Sep 2005
2312 posts
Posted on 1/3/16 at 10:19 am to
Side question: It looks like Scottrade only allows you to select 5 stocks to include in their DRIP program. Is that right? Does anyone know if TD Ameritrade or others allow more?
Posted by Tigertracks
Houma La.
Member since Nov 2007
765 posts
Posted on 1/3/16 at 9:49 pm to
quote:

Curious to get people's feedback on this portfolio make-up for 2016. Going to invest in these 6 dividend stocks quarterly; goal is long-term hold of at least 20 years:

Stock Name Yield Price
MCY Mercury General Corporation Com 5.22 $46.57
XOM Exxon Mobil Corporation Common 3.69 $77.95
OHI Omega Healthcare Investors, Inc 6.33 $34.98
ETP Energy Transfer Partners, L.P. 12.8 $33.73
T AT&T Inc. 5.5 $34.41
HP Helmerich & Payne, Inc. Common 5.08 $53.55


Can comment on some of those:

XOM and CVX are the two best of the big oil companies; have owned both, may buy back one or both soon

OHI and HCP are the two best ETFs in healthcare office rentals; I own HCP but OHI just as good

ETP is a subsidiary of ETE. I own ETE, it has been beaten up badly but likely has hit bottom. For the long term should be fine

ATT pays great dividends and their purchase of Directv gives them extra security. I have owned it for many years.

You might consider adding MO or RAI. Both solid companies. I have owned MO for years it has been my top performer.

I am just an individual investor. Please consult other sources before making your decisions.

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