Thread Rating:
  • 0 Vote(s) - 0 Average
  • 1
  • 2
  • 3
  • 4
  • 5
DGI For The DIY
Thanks for the words of encouragement Fenders. I had my doubts at times whether I'd make it, but a strong December should push me over the top.

It can be discouraging at times when you see the tech sector go up 10% a week while some of the dividend stocks seem to tread water. But the market goes in cycles, so I suspect at some point that will shift back the other way again. Keep reminding myself that long-term S&P returns are only 6.1% over the last 20 years, so double-digit gains aren't anything to be ashamed of for long-term investing.
My website: DGI For The DIY
Also on: Facebook - Twitter - Seeking Alpha
Reply
(12-21-2020, 03:47 PM)EricL Wrote: Thanks for the words of encouragement Fenders. I had my doubts at times whether I'd make it, but a strong December should push me over the top.

It can be discouraging at times when you see the tech sector go up 10% a week while some of the dividend stocks seem to tread water. But the market goes in cycles, so I suspect at some point that will shift back the other way again. Keep reminding myself that long-term S&P returns are only 6.1% over the last 20 years, so double-digit gains aren't anything to be ashamed of for long-term investing.
Trends will come and go as far as capital appreciation is concerned.  The longterm 10% income growth part will be the trick.  The only way I know of to ensure that over time is fast growth companies that pay a lowish div.  Whether that is a good idea or not will vary over time but mostly I think it's not a bad path to pursue.  You own good companies and  the total return will work out well enough in the end.  You have a good mix that includes high div stocks that can't possible hold up their end of the income growth deal.  But they already pay a yield on cost Div other stocks will take a decade or more to to approach.  My port is a mix like this.
Reply
Here's the December issue of Dividend Growth Digest.

https://dgiforthediy.com/2020/12/29/divi...mber-2020/

Income growth was just 4% in the month as a few trades during the year shifted some payments around.

Included some discussion on the recent dividend increases from McCormick, Hormel, Becton Dickinson, and Automatic Data Processing.

Enjoy!
My website: DGI For The DIY
Also on: Facebook - Twitter - Seeking Alpha
Reply
Thanks as always. Your commentary on HRL caught my attention. It's starting to look a lot like a 20yr treasury going forward. I think they are going to need to make a move and acquire a new growthy brand or the stock is likely to stagnate for years. Their recent performance and near-term outlook doesn't justify any kind of a premium valuation anymore. The balance sheet gives them opportunity, but I don't look for them to overpay for anything just because the stock market is frothy for now. I sold my longshares up near the top and continue to sell puts for an attractive re-entry. I feel like I need to get a deal to get committed. It reminds me of KHC, except with good management. Smile Not really the same at all, but the growth outlook for very mature brands is.
Reply




Users browsing this thread: 5 Guest(s)