July 21, 2016 @ 7:47 pm | Dividend Income Portfolio, QCOM, Update |
Update July 21. After the close of the market yesterday, July 20, Qualcomm (QCOM), the biggest maker of chips that run mobile phones, reported net income of 97 cent a share for the quarter that ended on June 26. That beat the 73 cents a share earned in June quarter of...
October 12, 2015 @ 8:00 pm | Buy, CMI, Dividend Income Portfolio |
Cummins (CMI) is a cyclical that’s good at being a cyclical. Which is why I’ll be adding the stock to my JubakPicks Dividend Portfolio tomorrow. The shares closed today, October 12, at $111.98, down from the top of its 52-week range at $151 (and not too far off the...
June 27, 2015 @ 5:06 pm | Buy, XOM |
Normally I look for dividend yields above 4% or 5% for my dividend income portfolio. On this measure, Exxon Mobil (XOM) with its 3.35% yield isn’t exactly an astounding opportunity. But something out of a recent report from Goldman Sachs caught my eye: Exxon Mobile...
October 15, 2010 @ 8:30 am | Leading Indicators, You May Have Missed |
The Federal Reserve—with a big helping hand from the global financial crisis and the central banks of much of the rest of the developed world—has turned income investing upside down. The Fed’s near 0% short-term interest rate target has sent short-term yields for...
September 17, 2010 @ 8:30 am | Dividend Income Portfolio, Leading Indicators, You May Have Missed |
It’s raining dividends. Or at least thoughts of dividends. First time ever dividends from companies that have never offered dividends. On September 14, Cisco Systems (CSCO) CEO John Chambers said the company is considering a 1% to 2% dividend for the fiscal year that...
May 28, 2010 @ 3:50 pm | Buy |
I’m sure this one is going to be popular. (Yeah, right.) Today, May 28, I’m adding Total (TOT) to the Jubak Dividend Income portfolio. That’s right a European (gasp) oil (shudder) stock. Total’s shares have dropped from $65 at the beginning of 2010 to $45 now....
May 28, 2010 @ 3:28 pm | Sell |
I’m selling E.I. du Pont (DD) out of the Jubak Dividend Income Portfolio today, May 28, for the same reason that I just sold Rayonier (RYN). The stock has held up so well that the 4.5% yield doesn’t compare favorably to the higher yields offered by stocks that have...
May 28, 2010 @ 1:08 pm | Sell |
I’m selling Rayonier (RYN) out of the Jubak Dividend Income Portfolio today. Nothing wrong with the stock—when the real estate market does finally turn, this timber and real estate REIT will do quite well. But that’s part of the problem. The stock has held up so well...
May 28, 2010 @ 8:30 am | Dividend Income Portfolio, Leading Indicators, You May Have Missed |
Once upon a time, I worked in an office beneath a sign that read: “We’re a non-profit company…but we didn’t plan it that way.” I feel a similar emotion as I write today about all the wonderful buys this market correction has created for dividend income investors. I’m...
April 13, 2010 @ 9:00 am | Leading Indicators, You May Have Missed |
High dividend yields are showing up in some unexpected places. Like Asia. If you think anything like I did just a scant few months ago, you wouldn’t dream of looking to Asian stocks for high dividend yields. Most likely, you think of them like I did, as resembling the...
April 9, 2010 @ 12:42 pm | Buy |
With the global economy in solid recovery mode—for example, the U.S. economy will grow at a 2.4% rate in the first quarter of 2010 and at a 2.3% rate in the second quarter (not great but a long way from recession) according to the OECD (Organization for Economic...
April 9, 2010 @ 8:30 am | Breaking News, Leading Indicators, You May Have Missed |
It’s getting harder and harder to find a stock that pays a decent dividend. At least if you look in the usual places. What’s that you say? Look in the un-usual places? Couldn’t agree more. That’s exactly what I’m aiming to do here. The name of the song the market’s...
April 7, 2010 @ 10:30 am | Sell |
I’m selling Sysco (SYY) out of my Dividend Income Portfolio with this post. The stock made a new 52-week high yesterday, April 6. That brings the dividend yield down to 3.38%. That was attractive when the economy recovery still seemed iffy and I was willing to trade...
March 5, 2010 @ 8:30 am | Breaking News, Leading Indicators, You May Have Missed |
Got cash? Maybe you’d love to invest it, but where? The stock market seems pricy after a 70% rally from the March 2009 lows. And it’s been so up and down lately that it doesn’t inspire much confidence. So maybe stocks are just too risky for you. Or you’re close to...
February 18, 2010 @ 12:47 pm | Update |
On February 1 Sysco (SYY) reported earnings of 45 cents a share for the company’s fiscal second quarter. That was 3 cents a share above Wall Street projections. Revenue for the three months that ended in December 2009 was $8.87 billion, roughly matching analyst...
February 15, 2010 @ 12:37 pm | Update |
When Verizon (VZ) reported fourth quarter earnings on January 26, everything was in line. There were no real surprises. And that was disappointing to investors who were looking for signs that a rising economy was lifting margins in Verizon’s legacy landline business...
February 12, 2010 @ 3:32 pm | Sell |
I’ve got to sell something out of the Dividend Income portfolio today to make room for my buy of Telkom Indonesia. After Suburban Propane (SPH) announced a 34 cent a share earnings miss on February 4 the choice is pretty easy. Revenues, which fell 17% from the...
February 12, 2010 @ 3:04 pm | Buy, COF |
Telkom Indonesia (TLK), or Telekomunikasi Indonesia, is a complicated machine with all the parts, I think, moving together in the right direction. Let me explain. First, there’s the growth in Indonesia’s economy, which is forecast to show a 5.2% increase in GDP in...
December 11, 2009 @ 12:32 pm | Buy |
With this post I’m buying American Electric Power (AEP) for my Dividend Income Portfolio. I think a modestly better economy in 2010 will increase company sales, profits, and cash flow enough to increase the dividend in 2010. (The yield is now 4.7%.) That will give...
December 11, 2009 @ 10:30 am | Breaking News, Leading Indicators |
Utility stocks trade at a discount to the stock market as a whole. And at a bigger discount than usual. The forward price-to-earnings ratio based on projected earnings for the next twelve months is just 80% of the forward P/E ratio for the market as a whole. The...
December 7, 2009 @ 3:03 pm | Sell |
I’m going to move to reduce the exposure of my Dividend Income Portfolio (https://jubakpicks.com/jubak-dividend-income-portfolio/ ) to the natural resources sector by selling coal-mining master limited partnership Natural Resource Partners (NRP) out of the portfolio....
November 2, 2009 @ 2:07 pm | Breaking News, Dividend Income Portfolio, Leading Indicators |
2009 wasn’t too bad a year for income investors. 2010 looks challenging. 2011 and beyond look terrible. And that’s why I re-launched my Dividend Stocks for Income Investors portfolio with this October 9 post...
October 9, 2009 @ 8:30 am | Breaking News, Dividend Income Portfolio, Leading Indicators |
Today I’m re-launching my Dividend Stocks for Income Investors portfolio. By the end of this post, you’ll know why I think a dividend income stock portfolio is something all income investors need to consider as part of their total income portfolio how the portfolio I...