Hello All, first time poster but I have been lurking for a while. I have had TAL & TGH on my watch list for a while (about 2 years). It seems like they have been trending downward ever since I added them to my watch list so I have been watching their yields rise for a while.
Well, the last few days they have just been hammered. TGH is now $16.97 with a yield of 11%. TAL now is $18.40 with a yield of 15.6%. I think when I added them to my watch list they were in the $40s or high $30's with yields of 6-7%.
I am beginning my own DD, but wondering if others have thoughts. Both have now held their dividend at the same rate for 7-9 quarters, but they haven't officially been dropped from the CCC (at least I don't think so). Still, even without increases those yields--if not cut--are something to see for what looks to be market leaders in what they do. Again, I am starting my own DD, but if anyone is far along I would love to hear some thoughts. I will post my own after my DD.
I have a portfolio of 16 companies that yields 4.96% at the moment. 9 are Champs (MO, MCD, HCP, KO, T, CTBI, TGT, PG, EMR). 4 Contenders (SO, OHI, COP, O). 1 Challenger (PM) and 2 Frozen Angels (RDS/B, BP). I am primarily seeking income, but safe income which grows a bit. My portfolio 1-3-5 YR dividend growth rates are 4.5%, 6.8% & 8.2% respectively. I am not so concerned with the dividend growth of an individual company as I am with the portfolio as a whole. Example, I am buying the oil companies knowing there might be a freeze, but with their yields I would not sell. A cut, would be another matter.
Thanks!
Well, the last few days they have just been hammered. TGH is now $16.97 with a yield of 11%. TAL now is $18.40 with a yield of 15.6%. I think when I added them to my watch list they were in the $40s or high $30's with yields of 6-7%.
I am beginning my own DD, but wondering if others have thoughts. Both have now held their dividend at the same rate for 7-9 quarters, but they haven't officially been dropped from the CCC (at least I don't think so). Still, even without increases those yields--if not cut--are something to see for what looks to be market leaders in what they do. Again, I am starting my own DD, but if anyone is far along I would love to hear some thoughts. I will post my own after my DD.
I have a portfolio of 16 companies that yields 4.96% at the moment. 9 are Champs (MO, MCD, HCP, KO, T, CTBI, TGT, PG, EMR). 4 Contenders (SO, OHI, COP, O). 1 Challenger (PM) and 2 Frozen Angels (RDS/B, BP). I am primarily seeking income, but safe income which grows a bit. My portfolio 1-3-5 YR dividend growth rates are 4.5%, 6.8% & 8.2% respectively. I am not so concerned with the dividend growth of an individual company as I am with the portfolio as a whole. Example, I am buying the oil companies knowing there might be a freeze, but with their yields I would not sell. A cut, would be another matter.
Thanks!