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Your favorite dividend paying stock?

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Your favorite dividend paying stock?

Old 05-30-2018, 08:46 AM
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Default Your favorite dividend paying stock?

Looking for a nice dividend paying stock, long term, want to reinvest everything back into it. Any suggestions as to what you have that has treated you well over the years? Not adverse to any sector.....
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Old 05-30-2018, 09:44 AM
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I have some money in this:
https://www.barrons.com/quote/stock/us/xnys/nkx
NXK Being in CA, it makes sense - almost 5%, tax free both Federally and from the State of California.

There has to be a FL fund like this that is free from Federal and State taxes.
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Old 05-30-2018, 09:47 AM
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Originally Posted by Diverboy View Post
Looking for a nice dividend paying stock, long term, want to reinvest everything back into it. Any suggestions as to what you have that has treated you well over the years? Not adverse to any sector.....
Not my money but I would never put everything into just one stock. The portion of my portfolio in dividend stocks has at least 12 different stocks.
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Old 05-30-2018, 09:50 AM
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Originally Posted by starbright55 View Post
I have some money in this:
https://www.barrons.com/quote/stock/us/xnys/nkx
NXK Being in CA, it makes sense - almost 5%, tax free both Federally and from the State of California.

There has to be a FL fund like this that is free from Federal and State taxes.
Florida does not have those taxes.
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Old 05-30-2018, 10:06 AM
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Originally Posted by mikefloyd View Post
Not my money but I would never put everything into just one stock. The portion of my portfolio in dividend stocks has at least 12 different stocks.
I'm pretty sure he meant reinvesting the dividends
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Old 05-30-2018, 10:20 AM
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ABBV. Yield is less than 4% but there's a lot of run left in the stock. Buy next dip below $100.
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Old 05-30-2018, 10:24 AM
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Telecoms are somewhat beaten down right now but ones like VZ and T pay a nice dividend. I've been in VZ since it used to be General Telephone Company.

Like others said, may be better to pick a basket of stocks rather then just one.
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Old 05-30-2018, 10:27 AM
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Originally Posted by Boataholic View Post
Telecoms are somewhat beaten down right now but ones like VZ and T pay a nice dividend. I've been in VZ since it used to be General Telephone Company.

Like others said, may be better to pick a basket of stocks rather then just one.
The telecom stocks and other dividend stocks are really getting hit this year due to the rise in interest rates.
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Old 05-30-2018, 10:35 AM
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What about Reits? I'm looking at DEA now to park mid term cash in. Basically minimal volatility and good Dividend is my target. This one buys federal properties and rents them back. Div is %5.21. I'm still figuring them out so I'm not sure how to evaluate fully.
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Old 05-30-2018, 10:52 AM
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Originally Posted by Diverboy View Post
Looking for a nice dividend paying stock, long term, want to reinvest everything back into it. Any suggestions as to what you have that has treated you well over the years? Not adverse to any sector.....
When it comes to dividend stocks, I look for future yield not current yield.

Here are 4(there are others) that have treated me very well over the years. BA, BP, XOM, UNP.(not recommendations) All of these have returned +100-400 % of the original invested capital just in dividends. (this does not include capital gains)

My current annual YOI's range from +20-57% based on current indicated dividend payout.
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Last edited by aubv; 05-31-2018 at 03:22 AM.
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Old 05-30-2018, 11:43 AM
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Originally Posted by mikefloyd View Post
Not my money but I would never put everything into just one stock. The portion of my portfolio in dividend stocks has at least 12 different stocks.
Who ever said about putting everything into one stock? Not that it's really any of your business, but if it makes you feel any better about giving unsolicited advice, I'll give you a brief synopsis of our scenario. I'm 50 and I buy/rent/sell and hold mortgages on houses as my business and I like to keep $500k in my "house buying money" account, but that account has now grown to just over $600k, so I would like to take the extra $100k and put it into a non qualified account outside of real estate. My wife is 48, is an OB/GYN and owns a practice that employs 5 other physicians and says that she wants to retire from delivering babies when she is 55, but doesn't know if she wants to stay in medicine or find something else to do. We have no kids, all of my houses are paid for, including our primary residence, the boat, cars and everything is paid for and we have zero debt beyond our monthly living expenses. Besides our business investments/income we have close to $3 million spread out over other investments through qualified and non qualified accounts. I was simply asking what others have for dividend paying stocks so I would have a starting point for research. Now, back to my original question....what dividend paying stocks do you have that you like? Looking for something that I can buy, keep for the long term and reinvest the dividends. Mike, is it OK with you if I ask that question with the information provided?
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Old 05-30-2018, 11:47 AM
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Hahaha. Enjoy patting yourself on the back.

Btw, I understood your original question. But your response makes you look like a douche.
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Old 05-30-2018, 11:50 AM
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Originally Posted by Diverboy View Post
Looking for a nice dividend paying stock, long term, want to reinvest everything back into it.
The last part of this sentence probably caused some people to think you were reinvesting all of your money into a single stock.
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Old 05-30-2018, 12:21 PM
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For some reason I thought this thread was about good dividend paying stocks. Out of curiosity, why would someone buy a dividend paying stock just to reinvest the dividend? Is there really a tax advantage that makes sense?
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Old 05-30-2018, 12:38 PM
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Exxon. Never missed a dividend. Never cut a dividend. Oil stocks will come back. They always do.
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Old 05-30-2018, 12:53 PM
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Take a look at VIG or NOBL if you don't want to do a lot of single stock research.
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Old 05-30-2018, 12:55 PM
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Originally Posted by mitchk View Post
For some reason I thought this thread was about good dividend paying stocks. Out of curiosity, why would someone buy a dividend paying stock just to reinvest the dividend? Is there really a tax advantage that makes sense?
No tax advantage, think - snowball rolling down a hill....
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Old 05-30-2018, 01:55 PM
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Originally Posted by aubv View Post

No tax advantage, think - snowball rolling down a hill....
Then why not just not be concerned about dividend and focus on total return vs peer group and go from there? I guess I'm missing the whole dividend angle if one does not want actual dividends.
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Old 05-30-2018, 01:59 PM
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I looked at this thread like the OP, hoping for a useful answer. Too bad the intricate question was over most people heads.
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Old 05-30-2018, 02:00 PM
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Centurylink(CTL). Very nice dividend w some legs to run......I hope
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