This
article is about two stocks I am evaluating as potential Dividend Machines for
2014. Both
are worthy of consideration. By the way,
this will probably be the last DM (Dividend Machines) I name for 2014 which will
bring the number of 2014 Dividend Machines to seventeen.
Everyone
should take a break from “work” and take a serious look at their
portfolio. I will be doing this over
the next month or so. Last minute portfolio moves are a
consideration. For instance, will you
fund your favorite charity with IRA money if the Senate extends that tax rule? Have you measured the true income you get
from your investments? The end of the
year is a good time for portfolio reflection
Two
stock to consider adding in 2014 are profiled below.
Maiden
Holdings symbol MHLD
FerdiS
wrote an article on Seeking Alpha about 2014 dividend increases. http://seekingalpha.com/article/2735515-dividend-increases-november-2014#comment-44464005. I read these kinds of articles but rarely do
I find a stock that just might be a Dividend Machine and that has not shown up
on my radar. But FerdiS got it
done.
One of the stocks he/she (I do not
know this person) listed is Maiden Holdings, symbol MHLD. Maiden is a reinsurer that serves the global
market. MHLD has paid dividends since 2008. It is a small cap stock.
As
you know I use only four criteria to screen for Dividend Machines and MHLD’s
data are presented in the table below.
Source: Price, Earnings, Dividends Nasdaq. Source: D/E ratio MSN
Laclede,
symbol LG
The
other stock I am considering is Laclede, symbol LG. The label LG implies an appliance company but
the stock symbol LG refers to a gas company.
This is not the first time that
Laclede, symbol LG, qualified as a Dividend Machine. November 2012, LG was added to the 2012
Dividend Machine portfolio. http://www.themoneymadam.com/2012/11/laclede-group-inc-dividend-machine-for.html.
I
hinted at Laclede as my next 2014 Dividend Machine on November 30 and I
wish I had added it to the portfolio then because today it is 4% higher than it
was when I hinted at including it in the portfolio. Like all investors, I have a lot of
excuses as to why I did not pull the trigger that day.
Today,
both LG and MHLD remain Dividend Machine candidates and they will be my last picks of
2014. The portfolio will be
closed. No stocks will be bought or
sold. Dividends will not be
reinvested. I will follow this
portfolio and report on its performance over time.
LG’s
Dividend Machine fundamentals are presented below.
TheMoneyMadam
November 30, 2014 LG Hint
Disclosure: Long LEG no position MHLD
