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DaveOfDukeIPO (72.81)

Dividend paying Stocks

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February 19, 2010 – Comments (1)

Since keeping track of the Dividends on this portifolio for the Cash Cow-Bulls and trying to average at least 100 Stocks..But now Down to 86 because of getting rid of some troubled stocks.Most yields are in the 2%-15% Bracket.

In January's month,The Portifolio got paid $3.30 total   100 Stocks total

In February 21th ,The Portifolio got paid $10.53  total    86 Stocks total

 

I Did get rid of some Stocks that had good yeilds depending on the trade winds and book profits.I may now just keep 80-90 stocks. 

 

I Did Short a few stocks that I think are overvalued and depending on the economic factors.

1 Comments – Post Your Own

#1) On February 20, 2010 at 10:40 AM, DavidSobel (< 20) wrote:

The dividend play is a good one but only if you stay on top of it like icing on a cake.  Look at Frontline LTD things were great while at $40.00 a share was yeilding $3.00 to $5.00 a share per quarter and then the stock price makes a run to $72.00.  Six months later the stock is down to $10.00 and dividend is cut to .15 a share.  If you sold it all at $72 and held the cash to buy it back at $10 you could care less what the dividend had shrunk to because you would have increased your original 1000 shares to 7200 shares. Now it trades at $35.00 a share again the dividend is still .15 a share so your investment is worth $250,000 plus $4300 a year in dividend yield.  If you had done nothing, like a lot of people did, you would be looking to get out of the stock.  Your original 1000 shares would have yielded about $1050 over the same time frame.  Person #1 would be on a cruise and person #2 would be looking for a bailout.

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