So we have our 50 year old couple, limited savings, poor retirement prospects, so did equity take-out of $200,000 from their house,
additional loan payments of $1,199 monthly, intend to invest in dividend paying "Widow and Orphans" stocks, which are projected to have a small negative cash-flow for a few years, but are expected to become cash-flow positive in the sixth year and by their 70th birthday, is anticipated to be providing around $28,728 annually in positive cash flow. Here are the 12 NYSE-listed companies that were selected from the newspaper and met a few other criteria and, as you can see, there are some large companies included such as Citigroup and ATT, amongst others .... (scroll way down, I'm having some trouble formatting this puppy!)Company | Symbol | Yield | Annual Yield Growth |
ATT | T | 4.70% | 6.70% |
ALTRIA | MO | 4.40% | 9.50% |
BRISTOL MEYERS SQUIB | BMY | 4.90% | 0.00% |
CONAGRA | CAG | 5.20% | 4.60% |
PROGRESS ENERGY | PGN | 5.40% | 2.70% |
REYNOLDS AMERICAN | RAI | 4.80% | 6.20% |
SARA LEE | SLE | 4.40% | 7.60% |
SOUTHERN | SO | 4.40% | 2.50% |
UST | UST | 5.70% | 4.60% |
VERIZON | VZ | 4.70% | 1.00% |
BANK OF AMERICA | BAC | 4.50% | 13.60% |
CITIGROUP | C | 4.20% | 34.40% |
AVERAGE | 4.80% | 7.80% |
You can also see that they produce an average dividend yield of 4.8%, and that dividend has, on average, been growing by 7.8% annually. Later, we'll consider other aspects of these 12 stocks as a stand-alone portfolio.
JW
The Confused Capitalist
No comments:
Post a Comment