Any dividend growth investors out there?

[CyclingInvestor]

Quote:

Originally Posted by MasterBlaster Did any of you dividend investors have much in financial stocks? They had tended to pay very good dividends but took a real bath in the recent downturn ? Who would have known that all of those household name stocks would turn sour.

I had a bunch of C / BAC / WM, but sold them all in 2007 (WM in April, C / BAC in October) as the financial crisis was developing. I depend heavily on financial analysis in my stock selection, and it was becoming clear that nobody (certainly not me) had any idea what their assets were worth anymore. I did hold onto GE too long, a rare violation of my own investing rules.

[unclemick]

Hmmm - may I say ouch!. Ballpark -17% dividend income drop from 2007.

BAC, C, JPM, UBS, and non bank EGLE.

heh heh heh - plus some old timers like Union Pacific and Aetna. .

[tmm99]

What are good high dividend index funds?

[Ed_The_Gypsy]

I have some SDY and PID. They seem to be doing OK.

I like dividends! I hope you bought GE at a good time.

[mef623]

Quote:

Originally Posted by unclemick But I am lefthanded INTJ. .

+1

Quote:

Originally Posted by FinanceDude I am a big fan of dividends, and always will be. I would keep in mind that a lot of international stocks have healthy dividends too, so don't rule those out......

Love the international stuff, particularly since some companies are required by law to pay out a certain percentage of income as dividends. I'm also considering PID just to be done with it. I only have RCI right now, but my target is 25% in international.

Mike

[FIREdreamer]

I own VEIPX and VTRIX (equal weight), as well as VGSIX as my dividend-heavy equity funds.

[kumquat]

Quote:

Originally Posted by Dawg52 Throw us a bone or two.

Canadian banks or XDV.TO an index fund of top Canadian dividend payers. Watch out for exchange rate risk here, C$ is near parity and if it drops, so does your equity and income.

[freebird5825]

Lazy indexer here...I started up some DCA into VHDYX in 1Q09. Plan is to continue DCA until I hit a chosen $10K principal target. I may go higher...TBD.
Fund is just about 3 years old this November, so no long term track record. I like what I see so far.
Sometimes it is nice to be in on the ground floor of a newer fund without utilizing rocket science.
I needed some high dividend equity exposure and took the easy way out.

[jimnjana]

Canadian Royalty Trusts also pay great yields. I sold most of mine earlier this fall, strictly on diversification still like em and will probably buy back in when oil goes down. Divy Holdings largest to smallest are PMI, EVEP, MO, RSO, AMY, NYB, PSEC, BTE. Looking to get back into KFT, ESEA, and PVX.

[BUM]

I know canroys can be nerve wracking but I bought some ERF over a year ago. It pays $2/share before taxes. I bought it under $20. I'll sell it if/when it hits $19. Nice divvy.

[mef623]

I'm also looking at DWX for the international portion of the portfolio, but ouch! The largest percentage of holdings is in banks, which has skewered the payout.

Mike

[mef623]

TOT and TEF have now been added to the dividend portfolio, meaning that 4 of my 23 stocks are international. Of the remaining 7, I'm shooting for 1-2 from abroad.

I have a spreadsheet detailing holdings, yields, etc. (Yes, I'm a dork.), and the dividend portfolio, as it stands now, would pay $4,907 per year in income. My target is $120k, which means I'd need about $3.4 m in the acct to be hit that target. Gulp. Better save those dryer sheets.

Mike

[scrabbler1]

I have a chunk of my non-retirement assets in a dividend-growth stock mutual fund. I began investing in it back in 1996. I don't use the dividends to cover any of my current expenses in retirement, so I simply reinvest them to buy more shares of the same mutual fund (at a pretty low NAV compared to years ago). With most of my non-retirement assets in a high-yeild (not junk) bond fund, I consider this stock mutual fund a good hedge against inflation and as a source of income should I need it down the road in my retirement (before I turn 60 in 14 years when I can tap into my IRA).

[Zathras]

I am not a big fan of dividend funds as they may generate unfavorable tax liabilities. And many of them are, or at least were, overweight in financials or energy.
However, it is a good way to go if you don't have the time or inclination to do the research into the individual companies stocks/dividends.