Safe Dividend Stocks

Posted by Div Guy | Friday, October 19, 2007 | , | 2 comments »

A couple of articles including dividend stocks that feature some safe dividend stocks.

The first article on Forbes.com is a screening of food stocks using a few stock market guru's criteria. Shopping Cart Picks For Buffett And Lynch. I have been looking at Unilever and Sysco to add to my dividend stocks but have not made any purchases yet.

The next is from Kiplinger about 15 safe stocks. This article lists a couple of dividend growers that I currently own. 15 Stocks for Shelter in a Stormy Market

The Div Guy owns PG and KMP at the time of this post.

2 comments

  1. EN // October 21, 2007 8:03 PM  

    thanks for all the dividend info. A few questions that have been bothering me regarding your portfolio,


    1) How do you calculate your annual dividend, what if you switch stocks, or the company doesn't give a regulated dividend, do you count that at well?

    2) How are you targeting your $40,000 annual dividend?

    3) Do you reinvest those dividends and expect that when you want to retire to ue them as income? Or do you draw them out now?

    just a few things that I am cunfused about. thanks for your wonderful blog, I enjoy reading.

  2. Glen Bradford // December 9, 2008 2:33 PM  

    I’ve been sorting through companies and trying to figure out what exactly the implications of a debit balance on retained earnings implies.

    The three companies I’m looking at are DRE, Duke Reality; XIN, Xinyuan Real Esate, and PRSC Providence Service Corporation.

    Essentially, I’m trying to figure out the implications of unappropriated retained earnings --- and how it relates to stock price.

    Case 1: DRE (Duke Reality)
    When I look at their Balance Sheet through Edgar Online, it tells me their retained earnings are -804,744,000
    Yet, Somehow, they’re pulling a dividend of 24%?

    Case 2: XIN (Xinyuan Real Estate)
    When they paid off their existing shareholders to go public in December of last year, their retained earnings went negative.
    Now, they’re working to pull it positive. How would you justify this with respect to the stock price?

    Case 3: PRSC (Providence Service Corp.)
    They had some writedown that took their retained earnings from 39,493,000 to -101,301,000
    From reuters: “In addition, a goodwill impairment analysis of the LogistiCare transaction initiated as a result of the Company's declining stock price is anticipated to result in a non-cash charge to earnings of between $90 and $120 million in the third quarter.”
    I figure that means they paid too much.