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Show HN: An index of all monthly dividend stocks

thedividendlist.com

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

#81

Post by dmoy »

mystertea wrote: post #67
gen220 wrote: post #63

Earlier quoted context omitted.

Re 4: reinvested dividends are still taxable income. The way companies get around this (return value to shareholders without triggering a taxable event) is by repurchasing and retiring shares. For example, there are 100 public shares trading at $1/share. At the end of the quarter, the company has a spare $1. If they issue a dividend, every shareholder gets $0.01, which is taxed. Instead of issuing a dividend, they re…

Thanks for the reply -- good info in here. I'll consider adding a section / filter for stocks with repurchase programs. That is an interesting point I didn't consider. It's a bit tangential to theme of this site, but maybe I can make it work. Factoring in the expense ratio is a very good idea--I'll look into how to add that.

Buybacks are slowly replacing dividends, and the crossover point happened awhile ago, like decades ago:

https://corpgov.law.harvard.edu/2018/08/19/taking-stock-shar...

Building a list of companies that pay dividends, while excluding buybacks, is like saying "I'm building a list of music that's available on vinyl" while excluding CDs, iTunes, and streaming.

Yes it's a thing you can do, and yes it'll be interesting to some section of the population, but if the underlying goal is overall music (investing / money / income / whatever), then it looks really, really weird.

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

#82

Post by moneywoes »

akg_67 wrote: post #13

IMO, you are very unlikely to monetize using anything other than advertisements. Just use google Adsense and focus on driving traffic to your site. A few things you can do: * Expand the focus of the site to near-retiree/ retiree/ Fire and their need for regular monthly cash flow. * Focus on portfolio construction using monthly income securities for different scenarios, economic cycles, etc. use criteria like low mont…

What about affiliate deals with motley fool type sites

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

#83

Post by mystertea »

tndibona wrote: post #70

I like the site. I’ve actually tried to use Schwab and Fidelity to locate long term stable dividend stocks but their search and filters are complex. Your site mostly lists funds so an option to filter by stock, or ETF, or managed fund would be helpful. Also a column that shows the expansion next to the abbreviated ticker name would be gold. Thanks for the effort

Awesome, thanks for the feedback! That filter seems like a good idea--I'll work on implementing it. An expansion at larger view sizes should be doable!

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

#84

Post by mystertea »

dmoy wrote: post #81
mystertea wrote: post #67

Earlier quoted context omitted.

Thanks for the reply -- good info in here. I'll consider adding a section / filter for stocks with repurchase programs. That is an interesting point I didn't consider. It's a bit tangential to theme of this site, but maybe I can make it work. Factoring in the expense ratio is a very good idea--I'll look into how to add that.

Buybacks are slowly replacing dividends, and the crossover point happened awhile ago, like decades ago: https://corpgov.law.harvard.edu/2018/08/19/taking-stock-shar... Building a list of companies that pay dividends, while excluding buybacks, is like saying "I'm building a list of music that's available on vinyl" while excluding CDs, iTunes, and streaming. Yes it's a thing you can do, and yes it'll be interesting to…

Valuable feedback here; I appreciate the link. This is a strong case for adding buybacks. I'll look into how I might go about this.

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

#85

Post by ac29 »

gen220 wrote: post #63
mystertea wrote: post #46

Earlier quoted context omitted.

You make some good points here. 1. I stated index in this post (whoops); luckily I called it a list on the website. 2. Partly, in seeking an income strategy, that seemed important to me. Also, frankly, it allowed me to limit the scope of my dataset a bit. Maybe I should go back to the drawing board and include quarterly stocks as well, though. 3. I'll look into it I'll jump ahead and answer your last question as it's…

Re 4: reinvested dividends are still taxable income. The way companies get around this (return value to shareholders without triggering a taxable event) is by repurchasing and retiring shares. For example, there are 100 public shares trading at $1/share. At the end of the quarter, the company has a spare $1. If they issue a dividend, every shareholder gets $0.01, which is taxed. Instead of issuing a dividend, they re…

> Instead of issuing a dividend, they repurchase 1 share for $1. Assuming the value of the company hasn't changed, the per-share price should now be $1.01. Basically, they gave you an untaxed $0.01 increase in equity value, which you can choose to recognize on your own schedule.

Small nitpick here - buybacks are taxed as of this year in the US. There is a 1% excise tax paid on stock buybacks (paid by the company, not the stockholder).

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

#86

Post by ac29 »

habosa wrote: post #52

Nice site! I agree, this information is generally pretty hard to find. I hate that dividends have such disadvantageous tax treatment in America because I think dividends are the healthiest relationship between companies and investors. They try to make money and then give you some of it. As long as the dividend amount is healthy for both the investors and the company your interests are aligned. Stock buybacks are such…

> I hate that dividends have such disadvantageous tax treatment in America

What do you mean by this? Qualified dividends are taxed at long term capital gains rates, which is an enormous advantage compared to nearly all other forms of income.

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

#87

Post by ac29 »

moneywoes wrote: post #80
nemo44x wrote: post #42

Earlier quoted context omitted.

Indeed, hence why buybacks are so popular. However keep in mind that there are qualified dividends as well which are taxed at the preferential long term capital gains rate. Still a tax though but rolling those back into the stock has good long term results. I think congress was talking about taxing buybacks?

What’s the distinction of these qualified dividends?

"A dividend is considered to be qualified if you have held a stock for more than 60 days in the 121-day period that began 60 days before the ex-dividend date"

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

#88

Post by onetokeoverthe »

jldugger wrote: post #12

> to get feedback, in particular, about monetizing Why should I care about high dividend yield? FINRA prohibits "selling the dividend"[1], and this project seems one step removed. Not illegal or necessarily deceptive, but seems closer to unsound than sound investing advice. [1]: https://www.investopedia.com/terms/d/dividend-selling.asp

[dead]

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

#89

Post by memling »

ac29 wrote: post #86
habosa wrote: post #52

Nice site! I agree, this information is generally pretty hard to find. I hate that dividends have such disadvantageous tax treatment in America because I think dividends are the healthiest relationship between companies and investors. They try to make money and then give you some of it. As long as the dividend amount is healthy for both the investors and the company your interests are aligned. Stock buybacks are such…

> I hate that dividends have such disadvantageous tax treatment in America What do you mean by this? Qualified dividends are taxed at long term capital gains rates, which is an enormous advantage compared to nearly all other forms of income.

Dividends are taxed twice: once as profit to the company issuing the dividend and once when the recipient receives it.

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

#90

Post by ravenstine »

lacrimacida wrote: post #56
ravenstine wrote: post #55

Earlier quoted context omitted.

That's not all! Companies are allowed to use debt to buy back their stocks.

Nobody is questioning the fact that they’re allowed or not, it’s an unhealthy practice

I assumed that was implicit in my reply.
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