By the way, these are my current holdings per sector, I'll try to keep them updated as I add to my portfolio:
Industrial Goods: 3M Company; Emerson Electric; General Electric; United Technologies;
Financial: Aflac;
Consumer Goods: Altria, Coca Cola, Colgate-Palmolive; Procter & Gamble;
Tech / Telecom: AT&T; Verizon
Energy: Chevron, ConocoPhillips; Exxon Mobil; Kinder Morgan;
Utilities: Consolidated Edison Inc.;
Basic Materials: Dow Chemical;
REITs: Health Care Property Inv. (HCP); Omega Healthcare Inc (OHI); Realty Income (O);
Healthcare: Johnson & Johnson; Merck & Company;
Thanks for the tips lads!
Any interesting dividend paying ETFs in the Utilities front? I feel it's the most complicated sector for me to understand and follow.
Industrial Goods: 3M Company; Emerson Electric; General Electric; United Technologies;
Financial: Aflac;
Consumer Goods: Altria, Coca Cola, Colgate-Palmolive; Procter & Gamble;
Tech / Telecom: AT&T; Verizon
Energy: Chevron, ConocoPhillips; Exxon Mobil; Kinder Morgan;
Utilities: Consolidated Edison Inc.;
Basic Materials: Dow Chemical;
REITs: Health Care Property Inv. (HCP); Omega Healthcare Inc (OHI); Realty Income (O);
Healthcare: Johnson & Johnson; Merck & Company;
(10-27-2015, 11:13 AM)EricL Wrote: Some other names for ideas.
Materials: Air Products (APD), Airgas (ARG), International Paper (IP), Monsanto (MON), Praxair (PX)
Financials: Blackrock (BLK), T. Rowe Price (TROW), Ameriprise (AMP), Wells Fargo (WFC), Eaton Vance (EV), Paychex (PAYX), Prosperity Bancshares (PB)
Utilities: Dominion Resources (D), SCANA Corp. (SCG), Xcel Energy (XEL), Southern Co. (SO), Vectren Corp (VVC), Wisconsin Energy (WEC), American Electric (AEP)
(10-27-2015, 11:20 AM)Roadmap2Retire Wrote: Financials: There are a lot of very undervalued companies - these should be easy to pick. Canadian banks are trading at very attractive valuations, but the problem for US-based investors is that the Cdn$ has taken a hit, so your dividends when converted to US$ will be a bit depressed due to currency conversion rates. The only US bank that I own is WFC - havent looked at the valuation in a while. Alternatives in financials are asset managers - like BEN, TROW etc which are popular with DGIs these days. Insurance companies should do well if interest rates rise. My top pick here was CB until a few months ago when it was bought out by ACE. I havent looked at ACE yet, but I believe it is a Swiss ADR and I dont want to pay the 35%(?) div withholding taxes on it, so I might avoid it. I am considering Cdn insurance companies instead such as MFC and SLF which have a huge exposure to US and Asian markets, but you will again have teh problems with currency conversion rates working against you.
Basic Materials: DOW is near the top of my list as well. I also like fertilizers and own AGU. Gold (and other mining) stocks are severly beaten down, lot of them down 80-90% from their peaks. I believe if a whole sector is down 80-90% from its peak, it deserves a second look. It might a bit too early to get into gold, but I am never too good to timing, so I might look at which companies have good assets and start initiating. I own IAMGold in this space, which cut dividends a couple of years ago, but the fundamentals are still good - and I continue to hold it. They are still one of the most efficient companies in the sector running pretty lean for a while now. (this is the only company that doesnt pay dividends in my portfolio currently).
Utilities: I think there are better picks than ED. Eric had a good article about his top 10 picks a few months ago. Have a look: http://seekingalpha.com/article/3265285-...and-income
One subsector I recommend looking into are the water utilities - valuations are still a bit stretched, but good to keep them on the watchlist. Top of my list are AWK and WTR.
Thanks for the tips lads!
Any interesting dividend paying ETFs in the Utilities front? I feel it's the most complicated sector for me to understand and follow.