12-14-2021, 09:52 AM
As I have written, I have been doing some looking at alternatives to CSCO if it remains a laggard in its dividend increase coming up in early 2022, probably announced in Feb. if they keep the same schedule they did last year. Some folks have made the case that one should be patrient with CSCO, and it is a credible case. Nonetheless, in a continuation of the work of looking at what I might choose to do if I liquidated CSCO.
Here are some data on the comparisons, made on the assumption that I would split the proceeds of my overweight CSCO position 4 ways, 1/4th of the proceeds into each
Ticker followed by current yield, most recent dividend increase and SSD safety score
CSCO, 2.53%, 2.8%, 91
SNA, 2,66%, 15%. 99
LMT, 3.24%, 7,7%, 84
WEC. 3.06%, 7.4%, 87
RY, 3.76%, 11%, 80
If I chose this path, the dividend of those four combined would be roughly 20-25% higher than that of CSCO, depending in part on exactly how many shares of each that 1/4th of the CSCO position would buy.
That would not be as big a deal as it might sound like. CSCO currently provideds 2.7% of our portfolio income.
Anyway, that is as far as I have gone so far. LMT and WEC are current positions. SNA and RY would be new positions.
Here are some data on the comparisons, made on the assumption that I would split the proceeds of my overweight CSCO position 4 ways, 1/4th of the proceeds into each
Ticker followed by current yield, most recent dividend increase and SSD safety score
CSCO, 2.53%, 2.8%, 91
SNA, 2,66%, 15%. 99
LMT, 3.24%, 7,7%, 84
WEC. 3.06%, 7.4%, 87
RY, 3.76%, 11%, 80
If I chose this path, the dividend of those four combined would be roughly 20-25% higher than that of CSCO, depending in part on exactly how many shares of each that 1/4th of the CSCO position would buy.
That would not be as big a deal as it might sound like. CSCO currently provideds 2.7% of our portfolio income.
Anyway, that is as far as I have gone so far. LMT and WEC are current positions. SNA and RY would be new positions.