A Must Read About Much Yield- November 29, 2006 My own personal favorite libertarian (now that Milton Friedman has passed away, anyway) is the so-called (and self-proclaimed) "capitalist pig", smart money commentator and Fox News contributor, Jonathan Hoenig.His latest "Tradecraft" article is a must-read for dividend investors, covering a selection of BDC (Business Development Companies), which mostly lend-money to, as well as buy stakes in private companies.You would not believe the yield on some of these babies. They are not the most...http://whereistheyield.blogspot.com/2006/11/must-read-about-much-yield.html The Textbook Case for Dividend Growth (INTC)- November 19, 2006 While many income investors concentrate on the headline yield number, the optimal dividend-based strategy is hardly as simple as that.Take for example Intel (INTC), a company that recently announced a 12.5% dividend hike. Even after this impressive percentage increase, the stock yields (on Friday's closing price of 22.1) a modest 2.04%. This is not the kind of number that makes you go "Oh!", but Intel nevertheless is a solid dividend investment.The point, you see, is not current yield, but...http://whereistheyield.blogspot.com/2006/11/textbook-case-for-dividend-growth-intc.html BQY > OEF + DOL- November 6, 2006 An anonymous reader left a comment with some compliments (thank you), and asking for my opinion about the BQY closed-end fund, and how I would rate it vs. an OEF+DOL combination.Not bad, would be my short answer; Not bad at all.In the end, you can only own the usual large-cap suspects (Microsoft, GE, Citigroup etc.) in so many ways. To let Blackrock own some for you, at a better than 10% discount, doesn't seem like such a bad idea to me. The only problem is, as the reader pointed out, the extra.http://whereistheyield.blogspot.com/2006/11/bqy-oef-dol.html John Hancock Patriot Select Dividend Trust (DIV)- November 5, 2006 There is some good yield available at the DIV closed-end fund.The fund holds a mix of preferred and common stocks (about 6040), mainly in the utilities sector. It trades at a whopping 15.8% discount, and has a long track record (since its inception in 1990) of generating solid total return figures, at least where the NAV is concerned. As recently as 2004 it has traded at a premium, and very rarely has it sold for this kind of discount.The catch - and yes, i can almost hear the "where's the...http://whereistheyield.blogspot.com/2006/11/john-hancock-patriot-select-dividend.html A Man Who Knows His Stuff- November 1, 2006 Bill Gross, that is. And evidently a pretty good writer in prose too. His latest Investment Outlook, for the month of November, is no exception. I truly admire the man.But a heretic thought sneaks into the back of my mind: Why is it that, no matter the starting point and in every market, his smart, witty, well-informed analysis always ends up at the same conclusion - that returns will be poor, that the bears will have their day, and that equities in particular will be out of favorhttp://whereistheyield.blogspot.com/2006/11/man-who-knows-his-stuff.html |