A couple of items to note from the chart below are: only stocks are included (all funds from my holdings have been left out), and one stock – IAMGold (IMG.TO) is missing, as it recently cut their dividends to 0.
- I want the equities either high on the y-axis or far to the right (within reason…as being too far to the right can be a red flag).
- The numbers presented here are the current yields. I have held some of these stocks for years and the yield-on-cost is higher.
- As the dividends rise, year after year, those equities will start moving to the right (when considering yield-on-cost)
- BCE Inc’s (BCE.TO) dividend growth rate is unsustainable at 25%, especially with its current payout ratio at 85% of earnings. I expect BCE to come down lower on the graph to a more normal level.
- CHS Inc (CHSCP) has no dividend growth and although it has a good yield, I will be considering selling this position.
- Only two equities are below the 2% yield line (far to the left) – The Jean Coutu Group Inc (PJC.A.TO) and Qualcomm Inc (QCOM). However, they both have high dividend growth rate (15.3% and 13.66% respectively), so I am not too concerned about the current low yield.
- Wells Fargo & Co (WFC) saw a dividend cut during the financial crisis which made it drop below the 0% DGR line. However, WFC has started raising its dividends again, so I expect that to start moving up.
Overall, I am happy with the layout of the stocks I hold. In addition, I hold funds which are high yielders providing me with more income currently which I use to reinvest into my stock holdings.
New Blog Posts
- Recent Buy – Rogers Communications Inc (RCI) (RCI.B)
- Thomson Reuters Corp (TRI) Dividend Increase
- I’m Joining the Yakezie Challenge
- Is Inflation Just Around the Corner?
Let dive into the links that caught my attention this week.
Updates from My Portfolio Holdings
- [ADM] Farm profits seen falling as five-year crop boom ends
- [CGX.TO] Cineplex profit drops 38% on acquisition costs
- [O] Realty Income Corp beats by $0.01, beats on revs; guides FY2014 FFO in-line
- [QCOM] Qualcomm and Samsung join forces to start The Alliance for Wireless Power (A4WP)
- [TRI] Thomson Reuters posts sharper than expected fall in profit, increases annual dividend by $0.02
- [WFC] TheStreet reiterates Buy rating for Wells Fargo & Co
- (Video) [FB] A demonstration of how Facebook’s ad revenue is based on fake likes
- Are Women Investors Too Conservative by Boomer & Echo
- Did Canada Just Pop It’s Housing Bubble from Zero Hedge
- My Retirement Portfolio Could Be Replaced With These 5 ETFs by Fast Weekly
- New Tax Efficient ETFs from BMO by Canadian Couch Potato
- Real Estate Investing: My Biggest Mistakes Made So Far by FIFighter
- Dividend Investing and Income Tax by Dividend Growth Stock Investing
- How I Analyze and Value Stocks by Dividend Mantra
- How to buy a share on the DRIP Investing Resource Center’s share exchange by Dividend Growth Investing & Retirement
- [OHI] A Premium Healthcare REIT That Delivers Something Special
- Ultimate Guide to Building A High Yield Dividend Portfolio by Intelligent Speculator
- [AFL] AFLAC Inc Dividend Stock Analysis by Dividend Growth Stocks
- [BF.A, BF.B] Brown-Forman Dividend Stock Analysis by Dividend Growth Investor
- [BNS] The Bank of Nova Scotia Dividend Stock Analysis by Dividend Hawk
- [LEG] Leggett & Platt, Inc Dividend Stock Analysis by Dividend Growth Stocks
- [NSC] Norfolk Southern Dividend Stock Analysis by Dividend Growth Stock Investing
- [TU, T.TO] Teus Corp Dividend Fact Sheet by Dividend Engineering
Have a wonderful weekend.
Corporate Profile (from FinViz):
Recent Buy Decision:
Rogers announced that it will be raising its dividends by 5% from an annual dividend of $.174 to $1.83. In addition, Rogers has authorized a renewal of the share buyback program for the purchase of $500M of stock for another one-year period.
On the cable front, consumers have also started cutting the cord and shedding their cable services to move to online content instead, which could see challenges in Rogers’ cable segment. But this is where Rogers plans to target the consumers with the online streaming service. Rogers, being a cable and internet service provider, already has an advantage and is rumored to promote its own service so that customers do not have to worry about bandwidth caps. This could possibly backfire on Rogers as the industry observers are crying foul and see an antitrust case in the making.
- Symbol: TSE: RCI.B (also trades at NYSE: RCI)
- Quote: $43.28
- 52-week Range: $40.18 – $52.75
- P/E: 11.93
- Yield: 4.22% (after yesterday’s dividend increase)
- 5-yr average yield: 3.4%
- 5-yr DGR: 14.7%
- Graham Number: 26.96
- Chowder Rule: 18.7