Aside from playing the one arm bandit during the day with high beta stocks of a vulgar nature, I also research methods to procure safe investments designated for income. What use is it to make a lot of money if you’re just gonna piss it all away?
Everyone should have a large percentage of their discretionary income dedicated towards a conservative strategy, which includes income. Some people, especially those aging the fuck out, prefer to go down the rout of munis or government, others go with corporate, preferred’s, and REITs. Personally, I like a strong stock with great free cash flow that pays a big fat dividend.
Let’s review some of the best dividend payers of 2017. Considering markets crashed today and uncertainty is in the air, this post will play well this evening — subliminally scaring the shit out of some of you to seek refuge.
NOTE: I screened for companies whose market caps were above $5b, just because.
Stock/Dividend yield/Percentage Gain (1yr)
JNJ, 2.3%, 28.6%
XOM, 4.5%, 5.03%
WMT, 2.1%, 69.3%
WFC, 2.7%, 18%
CVX, 3.7%, 15.3%
PFE, 3.6%, 27%
NVS, 2.7%, 32%
VZ, 4.8%, 11.9%
KO, 3.2%, 18%
INTC, 2.6%, 34%
CSCO, 3.1%, 41%
HSBC, 6%, 32%
BA, 2.1%, 107%
ABBV, 2.7%, 108%
COST, 4.8%, 28%
LVS, 4.4%, 52%
The oil pipelines did well too.
REITs performed well, in spite of the lack of risk off mood that traditionally get the sector bought. One thing to remember when buying REITs, they do not enjoy the lower dividend tax rates that ordinary stocks get.
One of the strategies I utilize is to invest in CEFs that are historically selling at a lower NAV discount below its market price, and that the underlying asset(s) has been a strong performer. There are not many of these opportunities but when I find them, I’m willing to hold until NAV reverts to historical norms and in the meantime, I receive an above average dividend.
That is a good strategy. (I’m sure, you know this) Have to be patient as CEFs will selloff BIG every few years from some event and the discount jump out there for a short window. There can be nice cap gains with the income.
$HPT in IRA. Now put yourself in guillotine coward.
I was busy. Bet will continue tomorrow.
Only castrate self first.
Martingale strategem piker
I was too busy to execute myself today. I’ll get to it tomorrow, providing I have time.
MPW > HPT
And some people instead of going down the rout of bankrupt munis or broke government (Greece, US, etc) or indebted corporate, preferred’s, and underwater REITs, choose yuuge capital gains that are private and off the record.
NRZ. You’re welcome.
Why do you still have a head…let alone a human brain.
WPG and CBL right?