Published Mon, 01 Oct 2018 12:10:17 -0400 on Seeking Alpha
Investment Thesis Investing for Immediate income outperforms more conservative established investment within a 35 to 38-year time frame - longer than most find themselves actively investing or retired. I recast my projects and fine-tuned the process due to concerns about the previously included ETF.
A Simple Definition Due to previous confusion, whenever I write concerning immediate income investing, I feel it is necessary to define what I'm speaking of when doing so. I define immediate income investing as: Investing with a taxable account seeking immediate high return via dividends.
Due to this focus, I am not concerned with total return or overly focused on capital appreciation. I am a long-term buy and hold investor who is willing to sell if necessary. I often explain you can milk your cows or slaughter them to unlock value - I'd rather milk them.
Three S&P 500 Representative Stocks - AKA "Safe Dividends"
For the three representative stocks, I used: Coca-Cola (KO), Procter & Gamble (PG), and Emerson Electric (EMR). Together, these three stocks have an average yield of 3.1% and a 3-year average dividend growth rate of 4.11%.
Sure Dividends - Dividend Kings
For this comparison redo, I decided against using a singular ETF like the ProShares S&P 500 Dividend Aristocrats ETF (NOBL) due to its history of cutting the dividend - meaning it itself failed the Aristocrat test. To replace it, I used the Dividend Kings listing from Sure... Read more
|Stock name||Last trade||P/E||Earnings/Share||Dividend/Share||Dividend yield|
|OXFORD LANE CAPITAL||10.37||0.0||0.00||1.62||15.34|
|EAGLE POINT CREDIT||17.60||0.0||-0.75||2.40||13.41|
|CAPITAL PRODUCT PARTNERS||10.19||0.0||-8.78||1.26||12.41|
|ALLIANCE RESOURCE PARTNERS L.P.||17.39||4.7||3.69||2.14||11.85|
|USA COMPRESSION PARTNERS LP||17.83||0.0||-0.75||2.10||11.84|
|KNOT OFFSHORE PARTNERS LP||19.52||10.0||1.96||2.08||10.57|
|FEDERAL REALTY INVESTMENT TRUST||132.45||42.0||3.15||4.08||3.09|
|PROCTER & GAMBLE||106.69||25.4||4.20||2.98||2.80|
|NORTHWEST NATURAL GAS||69.82||30.5||2.29||1.90||2.72|
|ILLINOIS TOOL WORKS||145.72||19.4||7.51||4.00||2.67|
|JOHNSON & JOHNSON||138.85||25.7||5.40||3.80||2.59|
|STANLEY BLACK & DECKER||132.80||31.2||4.26||2.64||1.95|
|CALIFORNIA WATER SERVICE GROUP||50.69||44.1||1.15||0.79||1.55|
|AMERICAN STATES WATER||74.30||41.7||1.78||1.10||1.48|
|TOOTSIE ROLL INDUSTRIES||40.06||0.0||0.00||0.36||0.89|
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