Hacker News Board Hacker News, browsed like a classic message board
Live data from Hacker News

Show HN: An index of all monthly dividend stocks

thedividendlist.com

Post reply on HN
Print view View original

31–40 of 114 posts

Re: Show HN: An index of all monthly dividend stocks

#31

Post by WJW »

sokoloff wrote: post #29
ricardobayes wrote: post #16

What is laid out here is called "yield chasing". Companies with extraorbitant dividend yield often end up losing much more on a 5Y timescale. There are very, very few companies that pay more than 3% and not end up losing money on the long run. (And even that is very bleak compared to just a vanilla S&P 500 yield). If there was a "magic bullet" high yield stock, everyone would flock and buy that one.

I’ve heard those called “accidental high yielders”. Any company that has paid a dividend and whose stock price has crashed will have a high yield on paper. Those stocks are usually better to avoid rather than rush to buy someone else’s problem investment.

See also: https://www.fool.com/terms/v/value-trap/

Re: Show HN: An index of all monthly dividend stocks

#33

Post by roland35 »

Dividends generally are not super useful to investors - you don't get to decide when they occur and when you pay tax. If you are in the accumulation phase of life this isn't really useful if you are going to be reinvesting the money anyways. They aren't bad, just not really worth the hype.

As always, bogleheads has a good writeup on dividends: https://www.bogleheads.org/wiki/Dividend

Re: Show HN: An index of all monthly dividend stocks

#34

Post by dannyw »

kmlx wrote: post #18
ricardobayes wrote: post #16

What is laid out here is called "yield chasing". Companies with extraorbitant dividend yield often end up losing much more on a 5Y timescale. There are very, very few companies that pay more than 3% and not end up losing money on the long run. (And even that is very bleak compared to just a vanilla S&P 500 yield). If there was a "magic bullet" high yield stock, everyone would flock and buy that one.

some of the mining giants usually offer great dividends and pretty stable stock. check: rio tinto, bhp, anglo american, glencore.

Avoided by many ESG funds, so you get to benefit from lower valuations.

Re: Show HN: An index of all monthly dividend stocks

#35

Post by user_named »

anonu wrote: post #30

* "index" has particular connotation in finance. This is just a list - not an index. * Why "monthly"? There may be higher quality companies that pay quarterly. Why exclude them? * Have you looked at the myriad dividend ETFs? Things like SDY showcase funds that have regularly raised dividends YoY. ETFs may be a better way to get consistent yield and yield growth. Look into SDY, DVY or higher-powered div rates with SDI…

Wrong. You claim that AAPL goes from $100 to $99 when it distributes $1. The only way that mean anything is if you also claim that the next year, AAPL hands out $1 and drops to $98.

Clearly that is not how the stock price has developed over the years. Dividend paying stocks don't decline in price. They increase in price, just like any other stock. And some decline, like any other.

Re: Show HN: An index of all monthly dividend stocks

#37

Post by gtani »

There's paywalled sites and then there's the tools you get at Schwab, e-trade, Fidelity, TDA, (maybe Vanguard, their apps investment is lagging), which have detailed info about std dev total returns, Sharpe/sortino ratios, correlations, tax consequnces on a large universe of assets

- quarterly pays,

- preferreds

- laddered investment grade bond portfolios,

- asset and mortgaged-backed

- high yield bonds,

- REITs, hot sectors are cell towers, datacenters, p ersonal storage units

- LP, MLP (especially energy pipelines) royalty trusts

(and that's just US domestic... )

_________________

this vid (Ben Felix) about JEPI/XYLD type "covered call" etfs is instructive https://www.youtube.com/watch?v=YMLVdY8y8vM&t=312s

Re: Show HN: An index of all monthly dividend stocks

#38

Post by MikeDelta »

user_named wrote: post #35
anonu wrote: post #30

* "index" has particular connotation in finance. This is just a list - not an index. * Why "monthly"? There may be higher quality companies that pay quarterly. Why exclude them? * Have you looked at the myriad dividend ETFs? Things like SDY showcase funds that have regularly raised dividends YoY. ETFs may be a better way to get consistent yield and yield growth. Look into SDY, DVY or higher-powered div rates with SDI…

Wrong. You claim that AAPL goes from $100 to $99 when it distributes $1. The only way that mean anything is if you also claim that the next year, AAPL hands out $1 and drops to $98. Clearly that is not how the stock price has developed over the years. Dividend paying stocks don't decline in price. They increase in price, just like any other stock. And some decline, like any other.

Dividend paying stock has no limitations on growth compared to non div-paying stock. However when (cash) div-paying stock goes ex div, the stock price drops with that amount.

(Even reporters sometimes forget about that and try to find reasons what news caused a stock to drop instantly.)

Re: Show HN: An index of all monthly dividend stocks

#39

Post by hsjqllzlfkf »

user_named wrote: post #35
anonu wrote: post #30

* "index" has particular connotation in finance. This is just a list - not an index. * Why "monthly"? There may be higher quality companies that pay quarterly. Why exclude them? * Have you looked at the myriad dividend ETFs? Things like SDY showcase funds that have regularly raised dividends YoY. ETFs may be a better way to get consistent yield and yield growth. Look into SDY, DVY or higher-powered div rates with SDI…

Wrong. You claim that AAPL goes from $100 to $99 when it distributes $1. The only way that mean anything is if you also claim that the next year, AAPL hands out $1 and drops to $98. Clearly that is not how the stock price has developed over the years. Dividend paying stocks don't decline in price. They increase in price, just like any other stock. And some decline, like any other.

No, you're wrong. OP said that on the instant that $1 dividend is paid, the stock price goes from $100 to $99. The extrapolation that next year the stock price will go from $99 to $98 is _your_ extrapolation, and wrong. The moment after the the dividend is paid the stock's price might go up, might go down. So on next dividend's payment it might go from 50 to 49 or from 200 to 199. The conclusion that this implies that that stock payment dividends always go down is also _your_ conclusion and also wrong.

> Wrong

You're not smart enough to be this arrogant.

Post reply on HN