Thursday, October 29, 2015

New Company added to the Dividend Room.

3 M Company (MMM)  Yield 2.60%  $158.08 
3M Company operates as a diversified technology company worldwide.
(When recommended)
Date        Price      Div.    Yield
10-29-15  $158.08  $4.10   2.60%
        
DYI recommends that you use our stock allocation formula to arrive at your allocation of stocks to bonds.  Currently 36% for stocks.  For your cash holdings Vanguard's Short Term Bond Index symbol VBIRX or for those in a high tax bracket Vanguard's Limited Term Tax Exempt VMLTX.


Just as the name Dividend Yield Investor indicates is my affinity with dividends; for they have never gone out of style as far as I'm concerned.  In the end they are the real reason investors, as opposed to speculators, purchase quality companies with increasing dividends.  In my mind these are the true growth stocks.  As the dividend is increased over time so will the stock price. As the legendary Charles Dow has written:
"To know values is to know the meaning of the market.  And values, when applied to stocks, are determined in the end by the dividend yield."  
The Dividend Room is a new addition to my blog showing a list of high quality dividend paying stocks for your further study.  All picks are basic time tested value approach. All companies have a reasonable low level of debt for their respective industry and a low PE multiple. Of course a competitive dividend yield 50% greater than the S&P 500.  Also screened companies that have increased their dividends on a regular basis (true growth stocks). Included is additional screens based upon the Benjamin Graham approach for the defensive investor.

Our attempt is to find ten or more high quality companies with a yield 50% greater than the S&P 500.  Recommend selling when the current dividend yield is less than the S&P 500 or when the company's financial strength drops below an A rating reported by Value Line.


For diversification purposes recommend building up to 40 to 50 companies.

 This blog site is not a registered financial advisor, broker or securities dealer and The Dividend Yield Investor is not responsible for what you do with your money.
This site strives for the highest standards of accuracy; however ERRORS AND OMISSIONS ARE ACCEPTED!
The Dividend Yield Investor is a blog site for entertainment and educational purposes ONLY.
The Dividend Yield Investor shall not be held liable for any loss and/or damages from the information herein.
Use this site at your own risk.

PAST PERFORMANCE IS NO GUARANTEE OF FUTURE RESULTS.

No comments:

Post a Comment