Tag: t_aristocrat

Japay #PM/MO/BTI #to $40

Posted on by tiger40490

IMBBY has a separate blogpost.

— Japay :

— PM (Philip Morris International)

  • buy fractional, up to half a share
  • 🙁 12M high; 3M high;
  • … but recent drop
  • 🙂 6% CDY
  • 🙂 analyst no sell… tgt $100

— BTI

  • 🙂 7% CDY
  • 🙂 div increasing through 2020 — https://www.nasdaq.com/market-activity/stocks/bti/dividend-history
  • 🙂 12M price trend? not recovered
  • Analyst? none

— MO

  • 🙂 8% CDY
  • 🙂 div increasing through 2020 — https://www.nasdaq.com/market-activity/stocks/mo/dividend-history
  • 50Y dividend king according to https://www.suredividend.com/dividend-kings/

T:US; VZ 4%; Energy12

Posted on by tiger40490

— T:US

Scenario — Suppose I progressively invest 6k. Dividend is currently $360/Y. Downturn … my 6k becomes 3k :(… I will hold and keep earning dividend, perhaps a paltry $120/Y… tolerable.

How to add up div received

  • copy from rbh div page and paste to tmp.txt
  • grep ‘+’ tmp.txt and copy paste into excel

— Hows does VZ compare?

  • 🙂 higher reputation, similar market cap
  • A hedge against missteps by T:US. Intra-sector diversification is generally good. I would do the same in tobacco, oil, utility sectors.

— as compared to Energy12

  • 🙂 liquidity. Flexibility of selling to meet my cash crunch
  • 🙂 quantum flexibility
  • 🙂 full transparency, without legality concerns
  • 🙁 dividend amount is not contractually guaranteed as in Energy12
  • 🙁 no bargain
  • 🙁 lower probability of windfall appreciation
  • 🙁 higher probability of depreciation like falling from $30 gradually to $2

 

PBCT: steady-div regional bank #PUB

Posted on by tiger40490
  • up to $100
  • analysts? neutral no Sell.
  • 🙂 the only bank on the exclusive Dividends Aristocrats list, having increased its regular dividend every year for the past 26 years. While many of its regional peers and essentially all of the biggest banks have been forced to reduce their payouts in prior economic downturns, People’s United was able to ride out the bad times and still raise its dividend. See https://www.fool.com/investing/stock-market/market-sectors/financials/bank-stocks/do-bank-stocks-pay-dividends/
  • 🙂 div increased through 2020 .. https://www.nasdaq.com/market-activity/stocks/pbct/dividend-history
  • 🙂 small unit price. Easier to experiment
  • 🙂 known brand. $6B mkt cap

oil majors hate to cut dividend

Posted on by tiger40490

 

https://www.investopedia.com/articles/active-trading/073015/dividend-versus-buyback-which-better.asp claims “Although dividend payments are discretionary for a dividend-paying company, reducing or eliminating dividends is not viewed favorably by investors. The result could lead to shareholders selling their shareholdings en masse if the dividend is reduced, suspended or eliminated.”

https://finance.yahoo.com/news/big-oil-big-crisis-save-204611096.html?.tsrc=rss says

A Janus Henderson researcher said “At some point though, borrowing to pay the dividend is not sustainable…. Nobody wants to be the CEO who cuts the dividend. They understand that any company that cuts, its shareholders will flow into competitors and be very, very hesitant to ever come back.”

Shell, Chevron, and Total may also choose to save money for dividends by reducing their share-buyback programs, which are typically seen by investors as more discretionary than the quarterly cash payouts.

GS research said “In past oil downturns, Big Oil on aggregate did not respond to challenging macro conditions through material dividend cuts,”

As of Oct 2020, BP, Shell … all cut dividends, but XOM bucked the trend

 

XOM DYOC imt T:US

Posted on by tiger40490

https://www.streetinsider.com/dividend_history.php?q=xom shows stable dividend payout for decades.

Someone said XOM has increased its payout for more than 30 consecutive years.

https://www.fool.com/investing/2020/11/11/how-safe-is-exxonmobil-and-its-dividend/ is about XOM dividend safety during pandemic. XOM seems to be resilient, earning my “A” rating as a div stock

— other big oil stocks? See https://www.investopedia.com/articles/personal-finance/010715/worlds-top-10-oil-companies.asp