Monday, November 26, 2012

Dividend Machine Wish List Nov 2012


Dividend Machine companies profiled in 2011, in the aggregate are up, their dividends have increased and that is good. Yet some of those companies have suffered price decreases.   Some say this is a buying opportunity. If indeed this is a buying opportunity,  maybe I should add to those 2011 dividend machine companies that are cheap. 


Others say growth is slow; taxes are a roadblock and dividend machines are going to have a rough road ahead.  Indeed, the dividend machine companies profiled in 2012 are, in the aggregate, not up as much as the 2011 portfolio.


Where can an income investor get “mail box money?”   You cannot get it in bonds and it is hard to digest gold or even to make change.   If you know how to fix toilets, buy up some rental houses.  The rest of us need to look at good old boring dividend machines. 


The table below lists those companies profiled in this blog that have suffered price decreases since profiled but have increased earnings since profiled.  The current dividend yields are provided.  This is a good place to start looking for bargains.

SYMBOL
EPS when profiled
Most Recent 4 qtrs EPS
Most Recent Div annualized
Price
Yield
INTC
 $         2.01
 $              2.29
 $                   0.90
 $     19.89
4.53%
MGRC
 $         1.62
 $              1.84
 $                   0.94
 $     26.90
3.49%
MPR
 $         0.41
 $              0.48
 $                   0.28
 $       9.06
3.13%
NJR
 $         1.92
 $              2.26
 $                   1.52
 $     39.64
3.83%
PBI
 $         1.46
 $              2.95
 $                   1.50
 $     11.11
13.50%
RSG
 $         1.26
 $              1.71
 $                   0.94
 $     28.10
3.35%
ED
 $         3.17
 $              3.81
 $                   2.42
 $     54.88
4.41%
TCP
 $         2.06
 $              2.65
 $                   3.12
 $     40.80
7.65%
WGL
 $         2.50
 $              2.71
 $                   1.60
 $     37.99
4.21%


Very Truly Yours,


TheMoneyMadam