bar1080
7年前
Seeking Alpha has some brilliant income/retirement investors. I don't totally trust SA articles. It's known that some authors have been compensated to pump products. But the comments after the articles are often gold. Unlike the slobbering gambling addicts on IHUB, SA posters are often retired CPAs, CFAs, brokers, lawyers and business execs. Often older investors with real money and decades of experience.
I've owned Walgreen's (was WAG, now WBA) for years. However it's actually been my portfolio's worst performer in the past few years. It does have an excellent history of raising payouts.
The key test for ultra high div stocks is how well they did in recessions such as 2000 or 2009. Huge numbers of mREITs, BDCs, MLPs etc fail during tough times and are soon forgotten (except by those who lost money in them). That's called survivorship bias.
With mREITs especially, the longterm track record is grim.
gotta run now....
leftovers
7年前
I don't like the sounds of that? the next 3 months distributions have been declared so it won't be this year but I will have to look into that.
SEP
21
2017
Ex-dividend DateDividend amount
$0.225Record date
September 22, 2017Pay date
October 2, 2017
OCT
19
2017
Ex-dividend DateDividend amount
$0.225Record date
October 20, 2017Pay date
November 1, 2017
NOV
22
2017
Ex-dividend DateDividend amount
$0.225Record date
November 24, 2017Pay date
leftovers
7年前
[DMO] another one of my dividend payers with no board so just started one. A nice Fund with a history of increasing dividends and in a current uptrend!
Western Asset Mortgage Defined Opportunity Fund Inc. (the Fund) is a non-diversified, limited-term, closed-end management investment company. The Fund's primary investment objective is to provide current income. As a secondary investment objective, the Fund intends to seek capital appreciation. The Fund invests in a portfolio of mortgage-backed securities, consisting of non-agency residential mortgage-backed securities and commercial mortgage-backed securities. The Fund may invest in other permitted investments, including cash and cash equivalents; treasury securities; non-mortgage related asset-backed securities backed by various asset classes, and investment grade and below investment grade fixed income securities. It may also invest in derivative instruments, such as options contracts, futures contracts, options on futures contracts, indexed securities, credit linked notes and credit default swaps. Legg Mason Partners Fund Advisor, LLC is the investment manager of the Fund.