A New Addition and a Couple of Potentials

Last week I added another stock to the portfolio. It's one that I found quite recently and shows good future potential. Also pays a solid 5% Dividends, and is rated at a 1 by Valueline.

Another thing going for this stock - I had a friend who is a financial analysis wonk run the numbers on this stock and he came back with an enthusiastic thumbs up. Now we are talking about creating a stock recommendation service with our pooled knowledge... but I digress. More on this at a later time.

Back to the new addition:

Name:                                BCE Inc.

Industry:                            Telecom Utility

Symbol:                              BCE
Timeliness:                        1
Safety:                               2
Technical:                          3
Approximate Price:            $48.00
Dividend Yield:                  5.00%
Industry Rank:                   25
Low Gain Estimate:            0%
High Gain Estimate:           25%

The only thing lacking is a price gain potential, but add it to the Buy list.

I'm also looking at a couple more Potentials.

Name:                                Santander Consumer

Industry:                            Financial Svcs. (Div.)

Symbol:                              SC
Timeliness:                        1
Safety:                               3
Technical:                          1
Approximate Price:            $23.00
Dividend Yield:                  3.7%
Industry Rank:                   12
Low Gain Estimate:            25%
High Gain Estimate:           110%

Not much you can complain about with this stock.

And one that I could not find in the Valueline survey:

Name:                                Nuveen Municipal High Income Opportunity Fund

Industry:                            Municipal Bonds (?)

Symbol:                              NMZ
Timeliness:                        ?
Safety:                               ?
Technical:                          ?
Approximate Price:            $14.00
Dividend Yield:                  5.00%
Industry Rank:                   ?
Low Gain Estimate:            ? %
High Gain Estimate:           ? %

This is a bond fund that invests in municipal bonds so the Dividends it pays are tax free, meaning they are more than they appear to be by your tax bracket.

I am actively looking at adding both these to the portfolio soon.

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Money For Nothing...

Talking about all this selling reminded me of the second way I have been trying to make money with stocks; namely DIVIDENDS. If you pick stocks in companies that pay regular (and hopefully increasing) dividends, then you keep making money while you are waiting for your stocks to get to a place where you are ready to sell.

In that quest I have been trying to buy stocks that provide this passive income in addition to the price growth potential. I can fill this page with tables, charts, and graphs with details, but I'll spare you the details. If you do want all the nitty-gritty let me know in the comments WhatSayYou?

In the four years since I have been on this adventure, my brokerage firm got acquired and some of the data from the prior brokerage got lost in the shuffle. So I only have dividend info for the years 2017 - 2019, and here they are:


2017: $5054.55
2018: $4699.63
2019: $5322.59

For a Grand Total of $15076.77 
Ka-Ching!

In terms of where this came from - here are the top 5 dividend producers. 

Apple Inc. (AAPL), Annaly Capital Management Inc.(NLY), Vanguard S&P 500 ETF (VOO), Alliance Bernstein Holding L.P. (AB), Alliance Resource Partners L.P. (ARLP). 
Home Depot Inc. (HD) is a close 6th.

Of course what also matters in terms of dividends is what is the rate of return over the money I have invested in all the stocks that are producing the dividends. I have not yet had the time to generate that information and will leave it for another post.

One change you might notice in the blog going forward is that all the stock links will now take you to MarketWatch instead of Yahoo Finance (no link). This is in protest for Yahoo Finance continuously restarting ad videos every time you do anything on the site.

Feels good to be back and writing, hopefully I have not lost the three people that were reading this blog and they will reconnect and continue to read... 

Give me a shout out in the comment, will you?
Thanks!