Dividend yielding stocks

[MrBurns]

Might be time to get back into the banks and TLS for yield .....

 

[Newbunymo]

LDOS
MMLP
NYMT
GMLP
WMC
I think investing here can also help

 

[ukulele]

Are those australian codes?

 

[Newbunymo]

If you don’t want to expose your investments to relatively less-known companies with risky business models, one potential way out is to buy solid dividend-paying stocks with staggered quarterly payout schedules. For example, you can build your dividend-paying portfolio by picking stocks with monthly dividend stocks.

 

[Dona Ferentes]

Usually dividends this high >10% are not sustainable

 

[Value Collector]

Usually dividends this high >10% are not sustainable

View attachment 147360

Yep, either

1. the dividend will drop

or

2. the share price will rise,

either way long term the dividend yield will return to normal.

The good money gets made when you find companies of the 2nd type, then you get two bites at the cherry, you get to put your money away today at a high income yield, and then at some point down the road when the share price corrects higher, you book a solid capital gain.

 

[divs4ever]

The good money gets made when you find companies of the 2nd type, then you get two bites at the cherry, you get to put your money away today at a high income yield, and then at some point down the road when the share price corrects higher, you book a solid capital gain.

assuming of course , you wish to sell such a nice little money-maker ( in the future )

for example when i first bought into GRR ( around 2011 ) i was just happy a 20c share was paying about a cent a year in divs.

now the share price didn't rise much ( until the last two years ) but the divs kept tickling in

i was ALMOST tempted to take some cash off the table in recent highs , but the divs. are nice are the company is comfortably conservative ( so far )

 

[InsvestoBoy]

Usually dividends this high >10% are not sustainable

View attachment 147360

Especially difficult to use trailing 2021 DPS when trying to determine yield sustainability since it has been such a crazy couple of years.

For example (not that I am saying analyst consensus EPS/DPS is spot on) forward DPS for VEA is 17c so the forward yield is more like ~6.2%.

 

[InsvestoBoy]

For those playing at home, Yahoo Finance equity screener supports screening for forward dividend yield...

Stock Screeners - Yahoo Finance

Find Yahoo Finance predefined, ready-to-use stock screeners to search stocks by industry, index membership, and more. Create your own screens with over 150 different screening criteria.

finance.yahoo.com

 

[InsvestoBoy]

VHY also tracks an index (FTSE Australia High Dividend Yield Index) which is partially constituted from forward dividend yield...

Vanguard Australia FAS

www.vanguard.com.au

https://research.ftserussell.com/products/downloads/FTSE_Australia_High_Dividend_Yield_Ground_Rules_r.pdf

 

[divs4ever]

VHY also tracks an index (FTSE Australia High Dividend Yield Index) which is partially constituted from forward dividend yield...

Vanguard Australia FAS

www.vanguard.com.au

https://research.ftserussell.com/products/downloads/FTSE_Australia_High_Dividend_Yield_Ground_Rules_r.pdf

View attachment 147378

during the period i held both VHY and VAS ( about 10 years ) both ETFs were DRPed now VAS gave the superior capital gains VHY courtesy of the DRP ( proportionately higher divs , matched with a lower unit price ) gave superior growth ie number of units

so when chasing div. returns , throw an extra calculation is for participating in the DRP ( SOMETIMES the DRP is the cherry on top )