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re: I'm getting bored with day trading. So, I'm going to create...

Posted on 2/22/12 at 1:18 pm to
Posted by Dusty Bottoms
Guadalajara
Member since Nov 2006
931 posts
Posted on 2/22/12 at 1:18 pm to
KMP, although it's looking a little expensive.
SO
MRK
eta. PCL
This post was edited on 2/22/12 at 1:24 pm
Posted by aaronb023
TeamBunt CEO
Member since Feb 2005
11774 posts
Posted on 2/22/12 at 1:20 pm to
quote:

It appears to be a trailing 12 month ratio but I'm not 100% sure of that. Whatever it is, it's good enough for me to decide if I want to add a company to my watch list.


i was using yahoo's stock screener to look up yields. when i looked up the symbol on yahoo i would get something different on some of them, usually lower. looks like the yahoo website might be trailing.
Posted by LSURussian
Member since Feb 2005
126962 posts
Posted on 2/22/12 at 1:21 pm to
quote:

how about MO ?

Yep, that's a good candidate.

My only reservation is the tobacco issue. I'm no prude but having lost both parents to smoking related diseases, I'm just not sure I can own a company that receives a large percentage of its profits from selling tobacco products.

It's a personal issue, not a financial one.
Posted by tirebiter
7K R&G chile land aka SF
Member since Oct 2006
9278 posts
Posted on 2/22/12 at 1:24 pm to
Much like why I have never owned GS.
Posted by LSURussian
Member since Feb 2005
126962 posts
Posted on 2/22/12 at 1:27 pm to
quote:

SO
MRK
I've ruled MRK out for now just because I already own Eli Lilly and Bristol Myers Squibb and I don't want to get too concentrated in the pharmaceutical industry.

I have SO on my watch list and might buy it within the next month or so, although with its recent price run up its yield is barely above my minimum threshold of 4%. I'm waiting for a significant pull back before I buy.
Posted by LSURussian
Member since Feb 2005
126962 posts
Posted on 2/22/12 at 1:34 pm to
quote:

Much like why I have never owned GS.


I didn't know they sell cigarettes.











:rimshot:
Posted by Dusty Bottoms
Guadalajara
Member since Nov 2006
931 posts
Posted on 2/22/12 at 1:34 pm to
quote:

I don't want to get too concentrated


Agree totally, but in fairness, your requirements almost force you into concentrations.

PCL would give you a little more diversity.
Posted by LSURussian
Member since Feb 2005
126962 posts
Posted on 2/22/12 at 1:40 pm to
quote:

but in fairness, your requirements almost force you into concentrations.

And now you know why I started this thread!

You are correct. The pharms and energy or electrical generating companies dominated the yield screener program I used (along with what seems like every REIT company in existence).

quote:

PCL would give you a little more diversity.

I'm going to add that company to my watch list, but it's showing a payout ratio of 141%. I'll watch it and get more familiar with it (I've never heard of it until this thread) and see what happens.

If you have some personal background info about PCL I'd liked to hear it.

Thanks.
Posted by CHSBears
Baton Rouge
Member since Aug 2007
779 posts
Posted on 2/22/12 at 1:51 pm to
Run a dividend strip portfolio, with companies with a little lower yield but get 12 quarterly dividends per 12 months.
Posted by LSURussian
Member since Feb 2005
126962 posts
Posted on 2/22/12 at 2:01 pm to
quote:

but get 12 quarterly dividends per 12 months.

Is that another way of saying three years of dividend history?
Posted by CHSBears
Baton Rouge
Member since Aug 2007
779 posts
Posted on 2/22/12 at 2:18 pm to
Co. A, record date of 1/15, 4/14, 7/15 & 10/15
Co. B, record date of 2/15, 5/15, 8/15 & 11/15
Co. C, record date of 3/15, 6/16, 9/15 & 12/15

Purchase A on 1/1, hold until 1/31 & sell, Purchase B on 2/1, hold until 2/28 & sell,
Purchase C on 3/1, hold until 3/31 & sell, and now repeat for the next quarter. Since you day traded this will be slow as a sun dial.
Posted by baytiger
Boston
Member since Dec 2007
46978 posts
Posted on 2/22/12 at 2:20 pm to
what about VOD?

I don't think you've got a telecom yet and they've got a payout ratio of 54%

of course I don't know anything about this shite, I just poke around on this board to see if I can accidentally learn to become a millionaire.
Posted by Zilla
Member since Jul 2005
10599 posts
Posted on 2/22/12 at 2:30 pm to
I know this probably doesn't fit your requirements, but have you considered any of those canadian O&G trusts ? I tend to view them as less risky than their yield indicates and have made decent money on them in the past :

Baytex Energy (BTE)

Enerplus Resources Fund (ERF)

Pengrowth Energy (PGH)

Penn West Energy (PWE)

Provident Energy (PVX)


LINK
This post was edited on 2/22/12 at 2:33 pm
Posted by Chad504boy
4 posts
Member since Feb 2005
166428 posts
Posted on 2/22/12 at 2:51 pm to
quote:

I just bought 1K shares of ETR (Entergy) at $67.26 for a yield of 4.94%.


Should have bought some more shares, I don't even know if that was worth the transaction fee.


Posted by Zilla
Member since Jul 2005
10599 posts
Posted on 2/22/12 at 3:00 pm to
quote:

ETA: I just bought 1K shares of ETR (Entergy) at $67.26 for a yield of 4.94%.


I like this buy

ETA: ...wait a minute ....post forthcoming
This post was edited on 2/22/12 at 3:03 pm
Posted by Zilla
Member since Jul 2005
10599 posts
Posted on 2/22/12 at 3:04 pm to
LINK


quote:

I tend to shy away from all utilities just because they are at the mercy of politicians (PSC, for example) for their profits.

Plus, I personally think (this is just my perception, not based on any empirical data) that Entergy is a terribly managed company. They are constantly going before the PSC asking for rate coverage of their "mistakes." My personal experiences with them after Gustav last year taught me they can't find their butts with both hands.







Glad to see you taking my advice old friend !
Posted by tirebiter
7K R&G chile land aka SF
Member since Oct 2006
9278 posts
Posted on 2/22/12 at 3:19 pm to
(no message)
Posted by tirebiter
7K R&G chile land aka SF
Member since Oct 2006
9278 posts
Posted on 2/22/12 at 3:23 pm to
quote:

I didn't know they sell cigarettes.



Nah, they just knowingly f over individuals, institutions, and countries to line their pockets, much like cigarette companies lying to consumers for decades in regards to what cigarettes would actually do to their health. Same ilk, similar reasoning.
Posted by wegotdatwood
Member since Aug 2009
17094 posts
Posted on 2/22/12 at 3:48 pm to
How much money do you make a year?


How much do you have to invest with?
Posted by foshizzle
Washington DC metro
Member since Mar 2008
40599 posts
Posted on 2/22/12 at 3:52 pm to
quote:

LSURussian


Congrats on starting an IM thread on this board.
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