Spectra Energy Corp., SE, is an interesting
consideration for inclusion in the 2014 Dividend Machine portfolio based solely
on my four Dividend Machine criteria.
And, only you can determine if SE fits into the income producing portion
of your portfolio.
Spectra
Energy Dividend Machine Fundamentals.
Spectra earned $1.52 per share during the last four
quarters. Dividends paid out were
$1.22. So SE is a dividend machine so
far. Dividend increases, however, are
the mother’s milk of the retired income seekers.
We have to have more money coming in next
year than we had a few years ago. Over
the last five quarters SE has not increased the dividend, however over the past
five years the quarterly dividend has increased from $.25 to $.305 which is an
annual increase of 4.4%. D/E ratio is
a touch high at 1.883 but not out of the question for an energy company.
See the table for a review of Spectra Energy’s
Dividend Machine Fundamentals. Then do
your research and determine if you should add SE to your portfolio.
The
Money Madam
