Originally Posted by captainofiron
So If Im thinking of this and reading it right
I have 10 stocks, I should have all 10 sectors covered, hence why I am a little nervous about having 3 in consumer goods
So I spent a little more time looking around, looking at dividends, and ex-dividend dates
So here are my Hot Picks! haha
Consumer Discretionary I think I am going to jump on Mattel at 4.42 since Christmas is coming up
Not a name I'd invest in -- it's been broken for far too long. No hot kids movies - so no hot Xmas toys...
I like Target and Mcdonalds, but I think Mcdonalds is a little high for me right now, and Im not sure how Target is going to do with their stores in Canada supposedly suffering.
Agree
Consumer Staples: MO - Altria Group 4.8% dividend, Im going to wait until 10/10 on their payout to buy so I can see if I can get a little better bargain
Shows you're thinking. Just don't get "cute" on the dividends etc -- you're buying LONG TERM here - .35 one way or the other isn't important.
Energy: really not sure about this one, but I am going with Shell at 4.79%, I was really tempted by Ensco and offshore drilling company at 6.36%, but Im not sure and think Shell is a safer investment
Shell or Chevron or British Petroleum -- all fine. Remember to COMPARE total returns and go with the ones that have a history of the best total return.
Financials: UHT Universal Health Realty 5.71% dividend, Im buying this one ASAP because the exdividend date is tomorrow
You may get the discounted price "EX" dividend - but you WILL NOT get the dividend. There's many posts here about the length of time you must have bought the stock before the EX date. Brokerages take time to actually register the transaction etc. before you become the real owner. Again -- I wouldn't try to get cute on cutting the dividend dates ex or otherwise. I do this -- but I'm buying 10,000 to 50,000 shares of a name and the dividend going ex or picking up the dividend is real money.... but for most... 35 or 50 cents on 50 or even a 100 shares or more really isn't worth trying to time the market. Just buy when you're ready and you'll do just fine.
Health Care: GSK Glaxo Smith Kline: 5.61% dividend
Good pick. Did you do any comparison work to others in the same category for total returns etc. It's sometimes an eye opener. Never a guarantee but it's just a bit more time and can make a difference or at least educate you.
Industrials: GE General Electric 3.40%, I was tempted by Metso 3.44%, they make alot of components for refineries, as well as NASA ground support (when I used them alot) so I am familiar with their stuff and its good quality. But GE is the bigger name with a wider market
Again -- rather then just go by your own thoughts -- which is fine -- but also look at comparable charts - 10 years - total return - have they split - have they increased the dividend etc. There's lot of interesting stuff you can find just digging around.
Information Technology: Cisco 3.05%
I was tempted by Canon at 3.8% but it looks up overall, but its going down the past couple years, I think Nikon is starting to eat into their market, as well as smart phones having awesome cameras built in nowadays
Canon had some fraudulent accounting and really hurt them. Not sure why you'd lump Canon - Nikon and Cisco in the same realm -- except that perhaps they're technology? IDK - doesn't matter.... Nikon and Canon are RETAIL names whereas Cisco is a giant OEM supplier... But doesn't seem to have the latest greatest chips and technology anymore. Still a great company.
Materials: BASF 3.73%, I was looking at Dow, but its dividend is 2.77%
Again -- it's ALL about total return and security..... so don't forget to compare more than just Dividend percentage.
Telecommunication Services I am torn here between Vodafone and ATT, I think I am going to just have 2 here
I used to own Verizon and AT&T --- then realized it was too much of one kind of tech and held AT&T (I own 40,000 shares) because it's my carrier. Decent dividend - slow capital growth - but I sleep well at night and consider it a "steady eddie".
Utilities Con Ed, with 4.43%
I was looking at Dominion Exploration with 5.36% but seems like Con Ed is a "better name"
This is a sleep well at night name - gives you diversification and they certainly aren't going anywhere and during recessions people still have to pay their power bill.
Finally my "Gamble" Im going to stick 5% in Adidas, they are really down since the beginning of this year, and overall they are up, and I just dont see a global brand like them going away soon
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