Happy Easter everyone!
I don’t know about you but I’ve already started eating Easter eggs (I have chocolate issues, I admit it!). This weekend, we work on our basement. After the flood three weeks ago, it’s time to refresh the whole thing with new paint! I’ll put my house for sale in a month, better be ready!
Before I list my favorite reads, I must tell you how proud I am to beat both Canadian and US benchmark (again!) with my Best 2015 Stock Picks. In a relatively flat market, I’ve not only posted positive results, but beat both dividend ETF I use for benchmark.
I’ve also posted 3 stock analysis on Seeking Alpha recently:
Kimberly-Clark – A Dividend Powerhouse Overpriced?
BlackRock – Rock Solid Potential
Behind A Very Low Dividend Yield, Disney Shows Very Strong Growth
Here’s what I read this week:
Dividend Monk reviews Genuine Parts (GPC) and says it’s overpriced. According to the discount dividend model, GPC is overvalued at the moment. While I believe it is a very good investment, the stock isn’t cheap. But sometimes, it’s worth it to pay for value…
DivHut is now a father (congrats!) and he bought ScotiaBank (BNS). Wow… it seems the whole blogger community is buying this stock right now. Is it time to sell? Hahaha!
Just to make sure you can make a good opinion on ScotiaBank, I’ll let you read Dividend Engineering BNS analysis. A complete book has been written on this company over the past 2 months. I’m telling you; I’m not buying.
Dividend earner is this close to reach $1,000 in dividend income… monthly! Wow, I’m definitely not there yet! I’ve been adding $5,000 per year to my RRSP over the past few years but that’s not much to grow a portfolio.
My Dividend Growth bought Coca-Cola (KO). I like KO (and I own shares) because this company will be there when my children will have grandchildren! Good purchase by Ryan here.
Dividend Mantra bought Praxair(PX), a company selling atmospheric and process gases such as oxygen, helium and nitrogen. From his own words; Jason qualifies Praxair of a very boring stock which grow both sales and profit year after year. Well, I like boring!
Bert from Dividend Diplomats bought Philipp Morris (PM) and Chevron (CVX). Not the most socially responsible dividend stocks but I personally like CVX. I sold it last year before the oil crash (I just got lucky) but it’s definitely a good stock for a core portfolio.
A Special Mention to…
Dividend Growth Investors who discusses how comparing your returns to the S&P 500 could be dangerous. It is especially dangerous for dividend investors who might think they bought the wrong companies when the overall market moves faster than several “value type” dividend stocks. While most investors should buy index ETF, because they would just do a horrible job at managing their portfolio, dividend growth investors should follow their investing strategy and never look back. I personally use dividend ETF to benchmark my performances. I do this because if I can’t beat those benchmarks, I rather save lots of time and simply buy them instead of wasting my time managing my portfolio, what do you think?
Don’t eat too much chocolate (I know I’ll do!)
Mike,
Thanks for the mention. I like boring as well! 🙂
Have a great weekend over there. Enjoy the chocolate.
Cheers!
I’m interested in what you think of my PM write-up.I enjoyed your Disney write-up. I wish that stock would drop.
http://www.adamchudy.com/new-purchase-philip-morris-pm/
I’ll definitely check it out! thx Adam!
Thank you very much for the DivHut mention. I always appreciate it. Have a great weekend.
Loving these weekly dividend reads as usual! Thanks for including me 🙂 Have a great weekend, Mike!
DivGuy,
Thanks for adding my purchase article, I really appreciate it! Sometimes, you have to throw social responsibility out the window in order to make the right move.
Great list of articles and I appreciate you accumulating them for all of us. I agree, I don’t think comparing our portfolios to the S&P is a productive/ apples to apples comparison for our investing focus. We are focused on building a growing, reliable dividend income stream. Will we take appreciation along with growth in income…HECK YEAH! But our main focus is to increase the dividend stream. Thus, it is more of an apples to oranges comparison. Just my quick two cents on it all!
Again, thanks for adding my purchase article. Greatly appreciated!
Bert, One of the Dividend Diplomats
Hey Bert,
Still, I think it’s important to have a benchmark. If you don’t and you simply “build dividend income”, you might be wasting some serious time as buying a dividend ETF would build the same income with 0 effort 🙂