February 20, 2017 @ 7:42 pm | Breaking News, Jubak Top 50 Portfolio, Sell, XOM |
ExxonMobil (XOM) is a hard company to characterize: it does some things so well that it has no peer and it does some things poorly enough to put the company in the middle of the oil company pack. On the very big plus side, nobody does the integration of refineries and...
February 3, 2017 @ 6:58 pm | Dividend Income Portfolio, OKE, OKS |
It’s not exactly an uncommon kind of transaction these days: General partner ONEOK (OKE) will acquire Master Limited Partnership ONEOK Partners (OKS) for $9.3 billion in stock. (For example, Targa Resources (TRGP) rolled up its MLP Targa Resources Partners this...
January 24, 2017 @ 12:00 am | Dividend Income Portfolio, QCOM, Update |
Here’s the really important pair of numbers that explains what’s happening to Qualcomm (QCOM). From its business of licensing patents for cell phones Qualcomm makes a gross margin of 61%. Apple (AAPL) had a gross margin of 39% in its most recent fiscal...
January 18, 2017 @ 6:32 pm | Dividend Income Portfolio, Update, WES |
Western Gas Partners (WES), a master limited partnership (MLP) that’s a member of my Dividend Portfolio, announced today that it would pay a quarterly distribution of 86 cents per unit for the fourth quarter of 2016. That brings the total distribution for 2016...
January 16, 2017 @ 7:39 pm | Dividend Income Portfolio, You May Have Missed |
A number of readers have asked me for updates on the current yields of the stocks in my Dividend portfolio. That’s a good idea: The big rally in dividend paying stocks in 2016 has had a serious impact on yields with many once high-yielding stocks appreciating in...
January 12, 2017 @ 7:55 pm | CMI, Dividend Income Portfolio, Sell |
After a 55.3% gain in 2016, shares of Cummins (CMI) no longer pay enough to remain in my Dividend portfolio. The huge appreciation of 2016 means the stock now yields just 2.98% and in this portfolio I look for yields of 4% or more. (With 5% as the ideal–but hey...
January 12, 2017 @ 7:49 pm | Dividend Income Portfolio, INTC, Sell, Update |
It’s not that shares of Intel (INTC) had such a stellar 2016–the gain for the year was just 5.3%. But the company continues to struggle with declining demand in its core PC market and faces strong resistance from competitors to its efforts to break into...
January 11, 2017 @ 7:07 pm | Breaking News, Dividend Income Portfolio |
If you had bought the stocks in my Dividend Portfolio on December 31, 2015–or when I added them to this portfolio during 2016 in the cases of Coach (COH), Qualcomm (QCOM), VanEck Vectors Preferred Securities (excluding Financials) ETF (PFXF), and Kinder Morgan...
September 16, 2016 @ 6:12 pm | Dividend Income Portfolio, INTC, Update |
Update September 16, 2016 In new guidance today Intel raised its outlook for third quarter revenue to $15.6 billion, $300 million above previous guidance. The midpoint forecast for gross margin climbed to 63% versus the earlier midpoint forecast of 62%. None of this...
September 2, 2016 @ 7:26 pm | Breaking News, TRGP, Update |
Last year prices for natural gas liquids fell even faster than oil prices did. Hard as that may be to believe. Which is why the price for shares of Targa Resources (TRGP) are down 23.16% for the last twelve months This year natural gas liquids have recovered faster...