Showing posts with label NOC. Show all posts
Showing posts with label NOC. Show all posts

Monday, June 27, 2016

TEN DIVIDEND GROWTH STOCKS


Ten stocks from 2011 with the most dividend growth are the subject of this post.

I added each of these stocks to my 2011 Model Portfolio during the period November 2010 through November 2011.  When I picked these stocks they had a minimal yield of 3%, a D/E ratio no greater than 1 or within industry standards, earnings exceeded dividends in their most recent quarter and dividends had increased over time.  The portfolio was built to deliver solid, ever increasing income in a buy and hold strategy.

I picked 52 stocks during that time, about one per week.  In this post I look at the ten stocks with the most dividend growth.  
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Sunday, December 2, 2012

Dividend Machine for December 3, 2012

F-14ATomcat
F-14ATomcat (Photo credit: John H Gray)

Northrup Grumman (NOC) is my Dividend Machine for week of December 3, 2012

           

            Personally, I hope we go “over the fiscal cliff.”  That is not the subject of this post but it is relevant.  You see by going over the fiscal cliff, maybe we could force the government into some type of budget control.  The fiscal cliff requires defense spending cuts.  This cannot help but provide buying opportunities in aerospace and defense companies.   Another factor relating to the fiscal cliff and income investors is the effect on dividends.   Dividend companies will suffer for a while because by going over the “fiscal cliff” taxes on dividends will increase from 15% now to as much as 43%.    However, if you use qualified retirement accounts for your dividend machines, you will get some bargains.  Those of us who use ROTH IRA accounts for dividend companies can buy these companies on sale and receive distributions that are tax free.   So I say go ahead, go over the cliff.

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Monday, August 1, 2011

NORTHROP GRUMMAN, Symbol NOC, dividend machine for August 1, 2011

The Lockheed C-130 Hercules serves as the prim...Image via Wikipedia


Years ago when I first started in this business a colleague suggested to me that I buy more than one stock in each of the areas I wanted to invest.  At that point in time, I still worked and did not have as much interest in dividend stocks.


His advice applies to dividend machines as well. Northrop Grumman, symbol, NOC is the second stock I have profiled in the aerospace industry.


The first was Lockheed Martin, which with the dividend and covered call income has been a stellar performer for the income investor.


NOC earns a mighty $6.53 per share and that number goes up all the time.  If you own NOC by August 25, 2011, you will receive the quarterly dividend of $.50 per share on September 10, 2011. NOC’s annual dividend is $2.00 a share to investors.


NOC’s dividend, as is required for a dividend machine, has increased every year for at least the past five years.  Based upon the closing price on Friday, July 29, 2011 of $60.51, NOC’s dividend yield is 3.31%.  For a large manufacturer with very capital extensive products, it is refreshing to see NOC’s D/E ratio at only .33.


An investment the income investor can love.


Very Truly Yours,
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