Dividend Portfolio total 2017 return 6.48%; 2 buys and 2 sells in 2018 rebalancing
2017 was a tough year for benchmarking my Dividend Portfolio. For the year the total price appreciation on the stocks in the portfolio after all buys and sells was 3.4% The 21.64% return on the Standard & Poor’s 500 crushed that. The dividend yield on the...
Are bond yields finally climbing (and bond prices falling) in a belated response to a global shift in central bank policies?
The yield on the 10-year U.S. Treasury climbed 7 basis points today to 2.55%. That’s the highest yield since March. That prompted bond guru Bill Gross to declare that we have entered a confirmed bear market in bonds with the upward trend lines for bond prices of...
Rebalancing portfolios In January 2018 looks like a smart response to the momentum and concentration of winners in 2017
You don’t have to do anything now–but come January 2018, if 2017 finishes the way I outlined in my last post on this momentum market and end of the year selling/window dressing I think rebalancing a portfolio will be a very smart way to begin 2018....
Earnings day of truth for General Electric tomorrow
There’s little doubt that tomorrow’s third quarter earnings report from General Electric–due before the market opens–will be one of those kitchen sink quarters. New CEO John Flannery is sure to want to mark his accession to the corner office...
Kinder Morgan affirms 2018 dividend hike
Kinder Morgan (KMI) ) reported third quarter earnings today a scant penny a share above Wall Street’s projections at 15 cents a share. Revenue slipped 1.5% year over year to $3.28 billion but still exceeded expectations of $3.21 billion. Most...
Time to move on from trading SDRL
Seadrill (SDRL) was scheduled to file for a pre-packaged bankruptcy today. Â When it didn’t, the shares soared. Before finishing the day up 17.46%–a 3 cents a share gain to 23 cents–the stock was up as much as 31.17% as of noon in New York. If...
Qualcomm’s earnings show cash flow under siege; selling out of Dividend Portfolio
The earnings Qualcomm (QCOM) reported yesterday, July 19, were okay. Earnings of 83 cents a share for the June quarter, in fact, beat the Wall Street consensus by two cents a share. Revenue of $5.37 billion was ahead of analyst projections of $5.25 billion, but still...
Good news on two fronts from dividend pick Kinder Morgan
Yesterday, July 19, Kinder Morgan (KMI) reported earnings per share of 15 cents, in line with Wall Street expectations. Revenues of $3.37 billion were ahead of the consensus estimate of $3.12 billion and represented year over year growth of 7.1%. Â That was item one...
New tax proposal knocks back shares of Australian banks including my Dividend Portfolio pick Westpac Banking
The new Australian federal budget includes a 6 basis point (100 basis points equal one percentage point) annual tax on liabilities at the country’s five biggest banks. The tax would apply to liabilities including senior bonds, covered bonds, subordinated bonds...
Price is right on Coach acquisition of Kate Spade
The price is right. The strategy makes sense. Now it’s up to the management team at Coach (COH) to execute. Yesterday, May 8, Coach announced that it would buy Kate Spade (KATE) for $18.50 a share. That’s a 27.5% premium on the December 2016 price for the...
Picks for the Permian Boom Part 2–Among shovel-makers my choice is Helmerich & Payne
I’ve been arguing recently that you need to own a piece of the Permian Basin in your portfolio. On February 10 https://jubakpicks.com/my-first-picks-for-buying-a-piece-of-the-permian/ I even gave you my first two picks, producers Pioneer Natural Resources (PXD)...
Buying ING in my Dividend Portfolio tomorrow
Tomorrow I’ll be adding ING Groep (ING) to my Dividend Portfolio. The Dutch-headquartered banking company pays a 4.87% yield. Five reasons to buy ING now. Three macro reasons. Growth in Europe, especially in the company’s German market, has picked up. In...
Bye,bye MLP: OKE to acquire master limited partnership 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...
Time to buy this dividend: Legal attacks push Qualcomm dividend to 3.9%
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...
Energy MLP and Dividend Portfolio member Western Gas Partners increases distribution
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...
Yield on the stocks in my Dividend Portfolio as of January 12
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...
Sell CMI: After a 55% gain in 2016 Cummins no longer yields enough to stay in my Dividend portfolio
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...
Sell COP: ConocoPhillips now yields just 2.01% and that’s not enough for my Dividend portfolio
It’s not that shares of ConocoPhillips (COP) had such a stellar 2016–the gain for the year was just 7.4%. But the company, faced with low oil prices, cut the dividend on its stock by 66% in 2016 in order to conserve cash. That has pushed the dividend yield...
Sell INTC: At a yield of 2.98% Intel doesn’t earn a place in my Dividend portfolio
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...
My Dividend Portfolio returned 26.79% in 2016
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...
Pipeline OKS to be one of first beneficiaries as OPEC’s production cuts raise oil output from U.S. shales
Update January 11, 2017. Tracing this chain of cause and effect is pretty simple: OPEC cuts oil production to raise oil prices; U.S. shale producers with low costs increase drilling and output (by a forecast 250,000 barrels a day in 2017); U.S. pipeline MLPs (master...
Qualcomm’s really, really small chip is a big, big deal
Update January 4, 2017. Qualcomm (QCOM) announced a new Snapdragon chip (Snapdragon 835) at the Consumer Electronics Show in Las Vegas on Tuesday, January 3. The chip will take up about 35% less space than last year’s Snapdragon chip in devices such as...
Adding Coach to my dividend portfolio; keeping it in long-term 50 Stocks list
And to think that in 2015 I was thinking of dropping Coach (COH) from my long-term Jubak 50 Stocks portfolio. In mid-2015 the stock was languishing at $28.48 (September 25, 2015) and seemed to be floundering with stagnant sales, falling margins, and a loss of pizzazz...
Why AT&T’s bid for Time Warner, even if not smart in itself, raises odds that Verizon will buy Yahoo
On Monday, October 24, Â the U.S. stock market expressed its doubts that the AT&T (T) bid for Time Warner would go through/should go through. But despite those doubts I think the mere fact of the bid increases the likelihood that Verizon (VZ) will buy Yahoo (YHOO)...
Finally it’s official: Qualcomm to acquire NXP Semiconductors for $110 a share in cash
Qualcomm (QCOM) and NXP Semiconductors (NXPI) have agreed to a deal that would see a subsidiary of Qualcomm acquire NXP for $110 a share in cash. The structure of the deal will allow Qualcomm to use its offshore cash reserves to help fund the deal, which is expected...
Qualcomm acquisition of NXP Semiconductor looks more likely
Both Bloomberg and CNBC are reporting that Qualcomm (QCOM) and NXP Semiconductor (NXPI) have agreed to a acquisition at a price of $110 for each share of NXP Semiconductors. That’s within the range that I flagged in my earlier post “Can Qualcomm steal NXP...
Verizon looking to claw back part of purchase offer on Yahoo
Update October 7, 2016. It’s easy to understand why Verizon (VZ) might feel worried about what it might find at Yahoo (YHOO) after a purchase. After all, in just the last two weeks, after the deal $4.8 billion deal was announced, Yahoo confirmed that it had been...
Qualcomm acquisition of NXP Semiconductor looks to be moving ahead
Talks between Qualcomm (QCOM) and NXP Semiconductor (NXPI) are showing significant progress, according to a Bloomberg. Reporting by Bloomberg indicates that Qualcomm is the only company in talks with NXP about an acquisition. That is no rival suitors have emerged so...
Seadrill gets a huge bounce on refinancing story
Update October 4. The New York traded ADRs of deep-water drilling specialist Seadrill (SDRL) are up huge this morning on reports that the company’s largest shareholder (at 23%), John Fredriksen, is willing to lend the rig company as much as $1.2 billion. The...Jim’s Daily Email Alerts:
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