02-14-2019, 09:34 PM
(02-14-2019, 06:24 PM)DividendDragon Wrote:(02-12-2019, 05:42 PM)stockguru Wrote: All these oil stocks currently pay over a 3% yield. I did some calculations. To me OIL stocks represent the best values in the market. Below is with only 15k invested.
Symbol div shares bought (50) Dividend payout per year
RDS .94 50 shares cost $3150 ($188 in dividend payout per year)
TOT .72 50 shares cost $2700 ($144 in dividend payout per year)
OXY .78 50 shares cost $3200 ($156 in dividend payout per year)
XOM .82 50 shares cost $3700 ($164 in dividend payout per year)
CNQ .335 50 shares cost $1300 ($67 in dividend payout per year)
SU - .36 50 shares cost $1600 ($72 in dividend payout per year)
Total dividends from about 6 stocks per year $791
$15,650 cost for all 6 stocks to buy at 50 shares each (in 20 years of dividends will make up costs of stocks) $15,820 in dividends if you hold for 20 years. This does not include dividend raises.
Only if you ignore the time value of money.
You need to be able to bank on inflation matching raises
Umm, no.
Just one stock above (RDS) Initial investment 3,150 paying 3% yield, if dripped, would generate $7,600 in dividends over the 20 year period.