Friday, December 15, 2017

Dividend Increase - AT&T (T)

AT&T (T) declared a $0.50/share quarterly dividend. It is a 2% increase from the prior dividend of $0.49.

This is payable Feb 1 for shareholders on record Jan 10 (ex-dividend date Jan 9)

AT&T keeps its tradition of increasing the annual dividend by 4 cents a share (1 cent a quarter) every December. Even though the increase is small in terms of percentage, the good part is that the base this is being increased upon is well above a 5% yield.

The market meanwhile continues to go up everyday in anticipation of the tax deal. Value investors like me are both happy because existing positions are doing well, but not so happy because fair value is harder to find with every passing day in this red hot market.

Wednesday, December 6, 2017

Dividend Increase - W.P. Carey

W.P. Carey (WPC) declared a $1.01/share quarterly dividend.

Even though it is just a 0.5% increase from the prior quarterly dividend of $1.005, it is not bad because they have increased their dividend every quarter for a while. Forward dividend yield is at 5.77%

Sunday, December 3, 2017

10% off Target Gift cards.

For today (12/3) only, target is offering 10% off Gift cards purchased online or in store. This is up to $300 per order. It is a great way to either stock up on Target GC's to effectively get 10% off every target purchase for the next year or a great way to buy GC's for friends and family at a discount.

If you have a discover cashback card, this deal can be paired with it to get an additional 5% cashback on target purchases for this quarter for an effective ~15% off (10% discount + 5 % cashback) on future target purchases.

Monday, November 27, 2017

Watchlist - November 2017 Edition.

Finding a stock bargain is getting tougher by the day. That said, here are a few stocks on my current watch list.

key - Name | Ticker | Ideal Buy Price | Reason?

Verizon | VZ | 44 | Will lock in a nice 5.35% yield on a solid telecom stock.

Cardinal Health | CAH | 54 | If the selling is overdone, this might be a great value play with potentially a nice upside.

CVS | CVS | 66 |  At that price a 3% initial yield while we wait to see how the amazon story plays out.

Microsoft | MSFT | 77 | It is potentially a $100+ stock, even more valuable once they repatriate funds back.

General Mills | GS | 49 | At that price a 4% initial yield, it almost got there earlier in the month, but found resistance around the $50 mark.

Do you like any of these? Any others you think might be a good value right now ?

Let's hope we get some opportunities to buy in the coming weeks.

Friday, November 24, 2017

Jeff Bezos is now worth 12 figures - $100 billion

Wow, just thinking about it boggles my mind. Today after amazon stock gained another 2%, founder Jeff Bezos is apparently worth 100 billion dollars. Again that is $100,000,000,000. The only person in the world in the 4 comma club.

As amazon continues its march toward taking over every industry, jeff bezos continues to enjoy unprecedented success and continues to increase his net worth.

Bill Gates was the first person to reach this milestone briefly back in 1999. He has been giving aggressively to charity and still is no.2 on the list of richest people in the world. Can't help but wonder what he would be worth if all his charitable giving is added to his current net worth.

Tuesday, November 21, 2017

Latest Buy - GE and Qualcomm

What a great leveler the stock market is. This is a delayed buy update on two stock purchases i made over the last 3 months.

The market overall continues to be frothy, every time you think a correction is due - the market turns around and makes new highs. That is not to say that this won't change tomorrow or next week or next month, but to be honest i have been surprised at this bull run.

In September i purchased a small position in Qualcomm Inc. It has been going down while the whole market has been going in the opposite direction. Some of the reasons seem to be their never ending fight with Apple and their delayed acquisition of NXP. All these factors seemed to be temporary, but i was skeptical so i initialized a really small position at $50 a share for a nice yield on cost of about 4.56%. A few weeks ago, Broadcomm (AVGO) bid to buy out Qualcomm, and the share price shot up into the mid 60's and continues to be in that range. While i am happy about the price bump, i also regret not opening a larger position.

Monday, November 13, 2017

Latest Buy - AT&T

I added a few more shares of T to my existing position of over 100 shares. This should not come as a surprise, because most dividend growth investors have been thinking about AT&T for the last couple of weeks. A lot of factors, including the recent merger issues between T-Mobile and Sprint, and the very interesting DOJ investigation in the AT&T-TWC merger have pulled this stock down.

T has fallen almost 20% since the start of this year, while the broader S&P 500 index is up about 16%. Does it make sense, i don't know. Is AT&T suddenly less valuable than it was at the start of the year, i am sure it is not.