03-02-2014, 10:53 AM
(This post was last modified: 03-02-2014, 04:39 PM by Dividend Watcher.)
Welcome, Sev. Glad you finally posted here. 
I think you're out of my league. I just don't understand the mindset you seem to have any more even though I tried such things when I was younger also. I traded in and out of AST Research in the early 80s about 10 times and did pretty well but it made my stomach churn.
Tried to think of something to fit what you're asking but ended up feeling like this guy:
The only thing I can think of is Mattell (MAT) right now. Yield is over 4%, they just took a big drop because the holiday season was a bust. P/E around 14 and their prospects are a little dim over the long term. There's still an operating company there that could turn the company around if they came up with some popular products or people start buying Barbies again. They're not on the verge of bankruptcy. Dividend growth record not that bad over the last 10 years but it hasn't been the "steady eddie" us old geezers are more interested in.
Oh wait, you may want to look at Meredith Corp. (MDP) also. A publishing company of women's magazines but has much more than that. They have several pretty good online brands -- recipes.com, Good Morning With Rachel Ray -- and some broadcast companies along with an integrating marketing company that works with large businesses to build brand. I'd wait until the trailing P/E was in the low teens before buying.
I'd still seriously recommend thinking about KO at 3.2% yield. If you held that for the next 30 years, you could be very well off, IMO.
Anywhooooo, good luck. Stop in again and tell us more about yourself in the Introductions section.
P.S. Couldn't find AAR anywhere by symbol. Do you mean symbol AIR?
I think you're out of my league. I just don't understand the mindset you seem to have any more even though I tried such things when I was younger also. I traded in and out of AST Research in the early 80s about 10 times and did pretty well but it made my stomach churn.
Tried to think of something to fit what you're asking but ended up feeling like this guy:
The only thing I can think of is Mattell (MAT) right now. Yield is over 4%, they just took a big drop because the holiday season was a bust. P/E around 14 and their prospects are a little dim over the long term. There's still an operating company there that could turn the company around if they came up with some popular products or people start buying Barbies again. They're not on the verge of bankruptcy. Dividend growth record not that bad over the last 10 years but it hasn't been the "steady eddie" us old geezers are more interested in.
Oh wait, you may want to look at Meredith Corp. (MDP) also. A publishing company of women's magazines but has much more than that. They have several pretty good online brands -- recipes.com, Good Morning With Rachel Ray -- and some broadcast companies along with an integrating marketing company that works with large businesses to build brand. I'd wait until the trailing P/E was in the low teens before buying.
I'd still seriously recommend thinking about KO at 3.2% yield. If you held that for the next 30 years, you could be very well off, IMO.
Anywhooooo, good luck. Stop in again and tell us more about yourself in the Introductions section.
P.S. Couldn't find AAR anywhere by symbol. Do you mean symbol AIR?
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“While the dividend itself is merely a rearrangement of equity, over time it's more like owning an apple tree. The tree grows the apples back again and again and again, and the theoretical value of the tree doesn't change just because of when the apples are about to fall.” - earthtodan
“While the dividend itself is merely a rearrangement of equity, over time it's more like owning an apple tree. The tree grows the apples back again and again and again, and the theoretical value of the tree doesn't change just because of when the apples are about to fall.” - earthtodan