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re: Which dividend stocks do you recommend this month

Posted on 2/16/23 at 7:47 pm to
Posted by tigerbacon
Arkansas
Member since Aug 2010
4501 posts
Posted on 2/16/23 at 7:47 pm to
Some good options
Posted by Wraytex
San Antonio - Gonzales
Member since Jun 2020
3499 posts
Posted on 2/16/23 at 8:54 pm to
Grow it in a growth stock or fund, then prior to next crash, park it and cherry pick your Div stock/funds on sale when the bottom does drop out.

Posted by DaBeerz
Member since Sep 2004
18304 posts
Posted on 2/16/23 at 9:42 pm to
I’m doing what you are but putting it in jepq for now
Posted by slackster
Houston
Member since Mar 2009
91362 posts
Posted on 2/16/23 at 11:31 pm to
BA or ASML

Because they’re arguably the two most important companies in the world and have one or fewer competitors. BA will pay a dividend soon enough.
Posted by slackster
Houston
Member since Mar 2009
91362 posts
Posted on 2/16/23 at 11:38 pm to
quote:

CCLDP Carecloud at 11% even though some of you shits downvote me every week when I reply to the same post


It’s preferred shares of a micro cap company that has never turned a profit. Why don’t you explain why you like the company and not just the dividend?
Posted by jamiegla1
Member since Aug 2016
7910 posts
Posted on 2/17/23 at 5:59 am to
quote:

It’s preferred shares of a micro cap company that has never turned a profit. Why don’t you explain why you like the company and not just the dividend?

why does it matter? Ive held it for years and it's never missed a dividend payment. It's the easiest 11% Ive ever made.
Posted by slackster
Houston
Member since Mar 2009
91362 posts
Posted on 2/17/23 at 6:40 am to
quote:

why does it matter?



For starters, it’s redeemable at $25/share by the company and is currently trading at $27.45. The company redeemed about 15% of the preferred shares last year. There goes 9% of your principal if you buy now.

11% sure fire anything should always be questioned.
This post was edited on 2/17/23 at 7:03 am
Posted by SulphursFinest
Lafayette
Member since Jan 2015
11363 posts
Posted on 2/17/23 at 6:52 am to
KRO

7.xx% divvy and the stock will almost double
Posted by jamiegla1
Member since Aug 2016
7910 posts
Posted on 2/17/23 at 7:17 am to
good points I bought in 2008 at a pretty steep discount so never really thought about that
Posted by boogiewoogie1978
Little Rock
Member since Aug 2012
19428 posts
Posted on 2/17/23 at 9:31 am to
WFC
Posted by Fat Bastard
2024 NFL pick'em champion
Member since Mar 2009
89305 posts
Posted on 2/17/23 at 12:38 pm to
PSEC- 9.54% div
YYY- 12.35% div
ORC- 15.48% div
KBWD- 11.31% div
NYMT- 13.11% div
QYLD- 13.74% div
PPT- 8.32% div
RYLD- 13.5% div
NUSI- 9% div
PCF- 10.6% div
CRF- 18% div
XYLD- 13.4% div
Posted by Weagle25
THE Football State.
Member since Oct 2011
47470 posts
Posted on 2/17/23 at 12:53 pm to
quote:

Pick the right growth stock and in 25 years they'll be paying a dividend. A higher dividend is the price paid to investors to offset lack of growth.

Picking the right stock that’s going to become the next behemoth. Easy stuff.

Growth is not the end goal of owning a business. Profit is.
This post was edited on 2/17/23 at 12:56 pm
Posted by Weagle25
THE Football State.
Member since Oct 2011
47470 posts
Posted on 2/17/23 at 2:11 pm to
quote:

CCLDP Carecloud at 11% even though some of you shits downvote me every week when I reply to the same post

Dividend investors typically look for stocks with strong underlying businesses.

I took a quick look at the stock last time I saw you mention it. Numbers just didn’t look very strong to me. They’ve had good rev growth but gross margins are dwindling. They’ve turned a profit one year (granted it was this past year). Free Cash flow has been very spotty.

Just don’t have confidence in maintaining the dividend. Where do they get the cash from? Capital raises? I definitely want no part of any business funding dividend payments with capital raises.
This post was edited on 2/17/23 at 2:17 pm
Posted by bayoubengals88
LA
Member since Sep 2007
23512 posts
Posted on 2/17/23 at 2:30 pm to
quote:

What’s your recommendations this month?
O. It pays monthly.
Posted by bayoubengals88
LA
Member since Sep 2007
23512 posts
Posted on 2/17/23 at 2:31 pm to
quote:

I buy 500 dollars worth of dividend stocks every month. My goal is to hold this for at least the next 25 years. What’s your recommendations this month? Just looking for opinions. Been doing this for the last year

How's the performance of this portfolio compared to VYM or SCHD? And tell us what's in it.
Posted by tigerbacon
Arkansas
Member since Aug 2010
4501 posts
Posted on 2/18/23 at 6:41 pm to
I’ve been doing it for about a year and gotten 7% return. Since it’s fun money and I’m having fun doing it not bad. My true investments i use a different strategy and get 10-15% return a year. I only have about 20k in this one as opposed to mid six figures in my retirement portfolio
Posted by FLObserver
Jacksonville
Member since Nov 2005
15848 posts
Posted on 2/18/23 at 7:11 pm to
quote:

PSEC- 9.54% div
YYY- 12.35% div
ORC- 15.48% div
KBWD- 11.31% div
NYMT- 13.11% div
QYLD- 13.74% div
PPT- 8.32% div
RYLD- 13.5% div
NUSI- 9% div
PCF- 10.6% div
CRF- 18% div
XYLD- 13.4% div


Those are almost all yield traps and expense ratio's thru the roof. I own one of those XYLD. Many of those may not be around much longer the way they are hemorrhaging money.
Posted by Fat Bastard
2024 NFL pick'em champion
Member since Mar 2009
89305 posts
Posted on 2/21/23 at 10:15 am to
quote:

Those are almost all yield traps


most have been around awhile and have been paying high yields for quite some time. way before the market downturn. I have owned all at one time or another.

quote:

expense ratio's thru the roof.


some, yes. 1.5% and higher is considered high. has never affected me with these dividends.

quote:

Many of those may not be around much longer the way they are hemorrhaging money.


maybe but these are ETFS/stocks not ETN's. i have seen ETN's crash and burn. MORL is a great example.
Posted by FLObserver
Jacksonville
Member since Nov 2005
15848 posts
Posted on 2/21/23 at 10:27 am to
you maybe be right. It amazes me how some of these companies are able to pay huge dividends with some of their business models. I usually look at the cashflow and the Div payout ratio's when buying div stocks. Of course with Reits payout ratios are almost always high.
Posted by Purple Crayola
Member since Feb 2023
125 posts
Posted on 2/21/23 at 10:44 am to
I've dived head first in dividend stocks, passive income is fantastic as I'm making 500 a month just from these. Hopefully I can increase to 1k by next year
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