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Zecco.com » General Investing » Screening & Picking » Diversifed Dividend Yielders
Last post 05-11-2008, 2:13 PM by aquaswim47. 11 replies.
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  •  03-19-2008, 3:23 PM 25374

    Diversifed Dividend Yielders

    Reply Quote
    I hope someone can check on these for their accuracy. I'm curious if anyone knows how to search for preferred shares such that you can be sure that it's actually the company that you're trying to buy. These are large cap companies that hopefully you wouldn't mind owning.

    Stocks with dividends of greater than 2.3975% but less than 9.75%

    Top Yielders or Top Pick
    1) GSK - top yield - 6.1% - great dividend and decent company
    2) INTC - top pick - 2.4% - like the chips manufactuers
    3) VPL - top pick - 2.65% - like Asia, don't like Europe
    4) USB - top pick - 5.2% - Warren Buffet likes it
    5) VNQ - top yield - 5.3% - like a diversified portfolio over an individual stock in this sector
    6) KO - top pick - 2.6% -like their new energy drinks
    7) GE - top yield - 3.6% - great diversified company
    8) COP - top pick - 2.5% - love the Nat Gas play
    9) NGG - top pick - 3.4%
    10) DOW - top yield - 4.6% - great dividend
    11) Ford Preferred - top yield - 7.5% - check prospectus for details
    12) PAYX - top yield - 3.9% - processes payments for businesses
    13) PRU Preferred - top yield - 6.75% - - check prospectus for details

    Average Yield Assuming Equal Investments = 4.346%

    Biotech
    PFE - 6.2%
    GSK - 6.0%
    BMY - 5.9%
    MRK - 3.4%
    NVS - 3.0%
    ABT - 2.7%
    SNY - 2.7%
    JNJ - 2.6%

    Tech/Chips
    TSM - 3.3%
    INTC - 2.6%

    Broad Global Market
    EFV - 3.5% - an exchange traded fund that tracks value stocks in the EAFE index
    VPL - 2.65%; it's an exchange traded fund that trades in the Pacific Basin

    Financials
    BAC - 6.4%
    USB - 5.0%
    WFC - 4.0%
    JPM - 3.4%
    XLF - counted as a financials stock - 3.4%
    Prudential Preferred - check prospectus for details
    Royal Bank of Scotland - Preferred
    MetLife - Preferred
    HSBC Preferred

    Real Estate
    VNQ - 5.3%
    KIM - 4.1%
    VNO - 4.0%
    SPG - 3.8%
    PLD - 3.4%
    Equity Residential Preferred
    Vornando Real Estate Preferred

    Consumer Staples
    MO - 4.1%
    KMB - 3.6%
    KFT - 3.5%
    GIS - 2.7%
    JNJ - 2.6%
    KO - 2.5%

    On-the-Bubble
    PEP - 2.1%
    PG - 2.0%

    Retail
    HD - 3.2%
    MCD - 2.7%

    On-the-Bubble
    M - 2.2% - exception because there isn't a dept store retailer with a higher dividend
    JWN - 1.9%
    JCP - 1.9%
    WMT - 1.8%

    Construction/Industrial
    GE - 3.3%
    MMM - 2.5%
    Alcoa Preferred - check prospectus for details

    On-the-Bubble
    UTX - 1.8%

    Telecommunications
    VZ - 4.8%
    AT&T - 4.2%
    CBS Preferred
     
    Energy
    RDS/B - 4.3%
    CVX - 2.7%
    COP - 2.5%
    CHESAPEAKE ENERGY Preferred

    Utilities
    DUK - 4.9%
    SO - 4.5%
    AEP - 4.0%
    D - 3.9%
    NGG - 3.4%
    FE - 3.2%
    XLU - 2.9%
    EXC - 2.5%

    Defense Contractors
    NOC - check prospectus for preferred stock details

    On the Bubble:
    BA - 2.1%
    NOC - 1.9%

    Chemicals
    DOW - 4.4%
    DD - 3.5%
    EMN - 2.8%
    SHW - 2.7%
    DuPont Preferred

    Automakers
    HMC  - 2.7%
    GM Preferred, - check prospectus for details
    Ford Preferred, - check prospectus for details
    Toyota Preferred - check prospectus for details

    Business Services
    PAYX - 3.69%

    I need someone to verify that the stocks actually have preferred shares. Good luck.
    Aqua

  •  03-20-2008, 6:54 PM 25454 in reply to 25374

    Re: Diversifed Dividend Yielders

    Reply Quote

    To research for preferred class shares, read through the company SEC's filings.

    I can verify PLD: it has 3 preferred classes: Class G, Class F, and Class C. The following excerpt from PRNewswire on 03-Mar-2008,

    "ProLogis PLD, the world's largest owner, manager and developer of distribution facilities, announced today that its Board declared a dividend in the amount of $1.0675 per Cumulative Redeemable Series C preferred share, payable on March 31, 2008, to shareholders of record on March 17, 2008. Series C preferred share dividends are cumulative and payable quarterly at an annualized rate of $4.27 per share.

    ProLogis' Board also declared a dividend of $0.4219 per Cumulative Redeemable Series F preferred share, payable on March 31, 2008, to shareholders of record on March 17, 2008. Series F preferred share dividends are cumulative and payable quarterly at an annualized rate of $1.6875 per share.

    In addition, ProLogis' Board declared a dividend of $0.4219 per Cumulative Redeemable Series G preferred share, payable on March 31, 2008, to shareholders of record on March 17, 2008. Series G preferred share dividends are cumulative and payable quarterly at an annualized rate of $1.6875 per share. "

    According to the best of my knowledge, only Series G is traded.

    Plan9

  •  03-20-2008, 8:26 PM 25459 in reply to 25454

    Re: Diversifed Dividend Yielders

    Reply Quote
    Yeah, there are several types of preferred stock. Cumulative preferred is good, but redeemable doesn't sound good as that means the preferred stock can be called away. The cumulative preferred is likely to pay a lower dividend rate than non-cumulative stock but it means that if a corporation doesn't pay a dividend, the dividend gets added each year before a dividend can be paid to the common stockholders.

    I like preferred stocks because they tend to have movements like bonds, but they can be as risky as stocks, since in a bankrupty (or in a liquidation), you are likely to lose your entire investment.

    In a higher interest rate environment, you would likely see more preferred shares and fewer bonds, whereas in lower interest rate environments, you are likely to see more bonds and less preferreds.

    Thanks for your help. I find this area fascinating.
    Aqua

  •  03-27-2008, 3:36 PM 25836 in reply to 25374

    Re: Diversifed Dividend Yielders

    Reply Quote
    Great list!  This is going to be really helpful for building a stockopoly portfolio for my IRA.  Sidenote:  Do you know how to select stocks by dividend payout date?  I can't find a screener that does this well.  I want to make it so I can have dividends paying out weekly down the road, which will be reinvested to add growth to my portfolio.  Ideally this will not only give me some fatty compounding interest, it will be an ideal income portfolio when i retire.

    So there's my strategy - any screeners that select stocks by divy payout day/week?  Thanks for your help! :)

  •  03-27-2008, 5:09 PM 25850 in reply to 25374

    Re: Diversifed Dividend Yielders

    Reply Quote

     

    In the energy sector, what do you think about CXO???

  •  03-28-2008, 12:47 AM 25894 in reply to 25850

    Re: Diversifed Dividend Yielders

    Reply Quote
    CXO's kind of small. If energy goes through a sharp reversal, I'm not sure about the risk/reward in this stock. What's it levered to (oil, natural gas, or both)? Than again, I think it would be better to get an opinion from someone with a more bullish sentiment on energy as I'm mainly a value investor and a growth investor may be better suited to tell you about that stock.

    I tend to like a COP, XOM, or EXC better since they have a much larger market cap. As we saw with BSC, even large firms can encounter trouble thus there are no assurances, but I do like a more stable company espcially when energy stocks are on fire and have substantial risks of reverslas.

    I tend to look at Yahoo Finance to look at past dividend payments as a potential gauge. You hope that the current consistent dividend payers will continue to be consistent dividend payers in the future.

    Good luck to all. I provided it as information to all since I have a liking of perpetuities, but not necessarily the risk they present.

    Use information at your own risk. The information is intended for a mass-audience. Even among investment professionals, there tends to be widespread disagreement. You are responsible for doing your own homework in the stock to find out if it is suitable for your circumstances. If that's difficult, consult a financial advisor who can assist you with finding a suitable strategy.

    For a retired person, having some preferreds can make sense as it can provide slightly lower risk. Despite that, if a corporation gets liquidated, you're likely to lose everything you have invested thus preferreds carry a similar risk to common stock.

    I'd still consider preferred stocks as equities or as stocks because of their risk element. They just tend to be a highe priority when a dividend is paid out.
    Aqua

  •  03-28-2008, 4:19 AM 25899 in reply to 25894

    Re: Diversifed Dividend Yielders

    Reply Quote
    Hi Aqua;
    I like     Skoodog11 question about payouts... I think a lot of people would like to set up their
    stock selections  so they will pay off like a paycheck when we get older.
    I wish I could find some good information on that maybe you may have
    some Ideas.
     I know my 401 and my IRA will pay off as well as my retirement. but
    all those depend on someone else to manage. and as SSI will be broke by the time
    I get to use it. I would really like to have dividens coming in on a regular basis.
    Anyone who has a good play please add your comments...

  •  03-28-2008, 9:22 AM 25906 in reply to 25836

    Re: Diversifed Dividend Yielders

    Reply Quote

    To my knowledge there is none. I am a big fan of Div. payouts however to get them to payout weekly/dayly ect in the future I doubt is gonna happen.If you recall div. payouts are set at the time usually when a company reports earnings so it is hard to anticipate when the divs will actually be paid. There is a good site called dividend detective that has a list with 1900 stocks that pay divs with their yields. If you check out the company profiles on any site usually you can see when they pay their dividends. I think there might be a screener on the markests section of the WSJ. Hope this helps

  •  03-28-2008, 9:25 AM 25907 in reply to 25374

    Re: Diversifed Dividend Yielders

    Reply Quote
    Check out the companies IR page also you could call the IR department at anyo f these firms and they will let you know.

  •  04-07-2008, 2:14 AM 26479 in reply to 25374

    Re: Diversifed Dividend Yielders

    Reply Quote
    Have you seen SGP Class B, a 10 million shares issued in 2007? In past Wed, Apr 2nd, it hit its lowest price since initiation: $148. Before that, it was traded between $153 - $290. It pays $3.75 quarterly.

  •  05-11-2008, 11:23 AM 28890 in reply to 26479

    Re: Diversifed Dividend Yielders

    Reply Quote
    Plan9:
    Have you seen SGP Class B, a 10 million shares issued in 2007? In past Wed, Apr 2nd, it hit its lowest price since initiation: $148. Before that, it was traded between $153 - $290. It pays $3.75 quarterly.


    It's back at $180 per share. Also I have some changes to add to my list as the dividends on some of the common have changed.
    Aqua

  •  05-11-2008, 2:13 PM 28894 in reply to 25374

    Re: Diversifed Dividend Yielders

    Reply Quote
    aquaswim47:
    I hope someone can check on these for their accuracy. I'm curious if anyone knows how to search for preferred shares such that you can be sure that it's actually the company that you're trying to buy. These are large cap companies that hopefully you wouldn't mind owning.

    Completed on May 11, 2008 by 2:13 pm. -data revised from earlier date.

    Top Yielders or Top Pick
    1) PFE - top yield - 6.4% - great dividend and decent company
    2) INTC - top pick - 2.4% - like the chips manufactuers
    3) VPL - top pick - 2.7% - like Asia, don't like Europe
    4) USB - top pick - 5.1% - Warren Buffet likes it
    5) VNQ - top yield - 5.03% - like a diversified portfolio over an individual stock in this sector
    6) PEP - top pick - 2.5% - like the CEO
    7) GE - top yield - 3.8% - great diversified company
    8) COP - top pick - 2.1% - love the Nat Gas play
    9) NGG - top pick - 3.5%
    10) DOW - top yield - 4.1% - great dividend
    11) Ford Preferred - top yield - 7.5% - check prospectus for details
    12) PAYX - top yield - 3.3% - processes payments for businesses
    13) PRU Preferred - top yield - 6.75% - - check prospectus for details

    Average Yield Assuming Equal Investments = 4.129%

    Biotech
    PFE - 6.4%
    BMY - 5.4%
    GSK - 4.7%
    MRK - 3.9%
    NVS - 2.9%
    ABT - 2.8%
    JNJ - 2.8%
    SNY - 2.6%

    Tech/Chips
    TSM - 3.3%
    INTC - 2.4%

    Broad Global Market
    EFV - 3.51% - an exchange traded fund that tracks value stocks in the EAFE index
    VPL - 2.7%; it's an exchange traded fund that trades in the Pacific Basin

    Financials
    BAC - 6.9%
    USB - 5.1%
    WFC - 4.2%
    JPM - 3.3%
    XLF - counted as a financials stock - 3.7%
    Prudential Preferred - check prospectus for details
    Royal Bank of Scotland - Preferred
    MetLife - Preferred
    HSBC Preferred

    Real Estate
    VNQ - 5.03%
    KIM - 4.0%
    VNO - 3.9%
    SPG - 3.6%
    PLD - 3.4%
    Equity Residential Preferred
    Vornando Real Estate Preferred

    Consumer Staples
    MO - 14.1% - likely to decrease
    KMB - 3.7%
    KFT - 3.4%
    JNJ - 2.8%
    KO - 2.7%
    GIS - 2.6%
    PEP - 2.5%
    PG - 2.4%

    Retail
    HD - 3.2%
    MCD - 2.5%

    On-the-Bubble
    M - 2.2% - exception because there isn't a dept store retailer with a higher dividend
    JCP - 1.9%
    JWN - 1.8%
    WMT - 1.7%

    Construction/Industrial
    GE - 3.8%
    MMM - 2.6%
    Alcoa Preferred - check prospectus for details

    On-the-Bubble
    UTX - 1.7%
    CAT - 1.7%

    Telecommunications
    VZ - 4.5%
    AT&T - 4.1%
    CBS Preferred
     
    Energy
    RDS/B - 4.0%
    CVX - 2.7%
    COP - 2.1%
    CHESAPEAKE ENERGY Preferred

    Utilities
    DUK - 4.7%
    SO - 4.6%
    AEP - 3.7%
    D - 3.5%
    NGG - 3.5%
    XLU - 3.04%
    FE - 2.9%
    EXC - 2.4%
    Massachusetts Electric Preferred - an NGG company (4.7%, 5.05% prepetual yield)

    Defense Contractors
    NOC - 2.1%
    BA - 1.9%
    RTN - 1.8%
    LMT - 1.6%
    GD - 1.5%

    Chemicals
    DOW - 4.1%
    DD - 3.3%
    SHW - 2.5%
    EMN - 2.4%
    DuPont Preferred

    Automakers
    HMC  - 2.6%
    GM Preferred, - check prospectus for details
    Ford Preferred, - check prospectus for details
    Toyota Preferred - check prospectus for details

    Business Services
    PAYX - 3.3%

    I need someone to verify that the stocks actually have preferred shares. Good luck.
    Aqua
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