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What high dividend stocks are you currently invested in?


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2019 Jan 5, 3:55pm   5,721 views  38 comments

by BayArea   ➕follow (1)   💰tip   ignore  

ARLP (coal producer) was a popular one in recent years on patnet, courtesy of Iwog.

Although the stock performance has been unimpressive, the 12% dividend has attracted many.

What high dividend stocks are you invested in currently? Looking for some ideas to add to my portfolio.

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18   mell   2019 Oct 16, 1:49pm  

None. The market still has good legs and I expect select (profitable or soon profitable) small caps to continue to outperform til I see recession signs.
19   EBGuy   2019 Oct 16, 2:16pm  

I believe this is around the level that Ducky bought in at. As always, these are distributions (not dividends) and one of the reasons why MLPs can be tax efficient in trusts. Has anyone ever tangled with a K-1 while doing their own taxes? It's one of the reasons I've been reticent to buy outside of a retirement account.
20   mell   2019 Oct 16, 2:18pm  

EBGuy says
I believe this is around the level that Ducky bought in at. As always, these are distributions (not dividends) and one of the reasons why MLPs can be tax efficient in trusts. Has anyone ever tangled with a K-1 while doing their own taxes? It's one of the reasons I've been reticent to buy outside of a retirement account.


AFAIK you don't have to do anything for the K-1 until you take a distribution. Just keep it for your records every year. Doesn't seem to be too hard.
21   mell   2019 Oct 16, 2:28pm  

btw. I hope nobody got stuck with or jumped into the pot mania. Too lazy to bring out the old thread but I cautioned against those heavily, most of them are down to 1/4 - 1/10 of former values. Crazy! lol tlry at $20... Weed was a big trap, too much productions and yuge margin pressure coming, probably also consolidation, so at least there may be a few buyouts/mergers.
22   RWSGFY   2019 Oct 16, 2:52pm  

mell says
btw. I hope nobody got stuck with or jumped into the pot mania. Too lazy to bring out the old thread but I cautioned against those heavily, most of them are down to 1/4 - 1/10 of former values. Crazy! lol tlry at $20... Weed was a big trap, too much productions and yuge margin pressure coming, probably also consolidation, so at least there may be a few buyouts/mergers.


The cheerleaders of pot stocks (and bitcoins) have completely disappeared from the site. It's awfully quiet compared to all the noise they were making not so long ago.
23   mell   2019 Oct 16, 3:09pm  

Arm_HK_now says
mell says
btw. I hope nobody got stuck with or jumped into the pot mania. Too lazy to bring out the old thread but I cautioned against those heavily, most of them are down to 1/4 - 1/10 of former values. Crazy! lol tlry at $20... Weed was a big trap, too much productions and yuge margin pressure coming, probably also consolidation, so at least there may be a few buyouts/mergers.


The cheerleaders of pot stocks (and bitcoins) have completely disappeared from the site. It's awfully quiet compared to all the noise they were making not so long ago.


Ah yes forgot bitcoin as well. Not much hype left there either after libra was abandoned, still probably better than pot stocks, but way too volatile anyways.
24   just_passing_through   2019 Oct 16, 10:01pm  

Arm_HK_now says
bitcoins


I was just about to ask about her. I noticed the same thing.
25   just_passing_through   2019 Oct 16, 10:03pm  

EBGuy says
anyone ever tangled with a K-1 while doing their own taxes? It's one of the reasons I've been reticent to buy outside of a retirement account.


Yeah, no big deal.

Uh, it's the reason I bought OUTSIDE my retirement account. Just used a stray brokerage account that was sitting around gathering dust. I don't think you want to buy a K-1 producing stock like ARLP using a roth anyway.
26   EBGuy   2019 Oct 24, 2:26pm  

Just to be clear, outside of a retirement account, you MUST track the basis of your MLP share as once it hits zero you pay taxes at capital gains rates on distributions.
27   Booger   2019 Oct 24, 3:47pm  

theoakman says
Altria has been beaten down due to the negative sentiment related to vaping. Their revenue seems poised to grow from Juul and their new fda approved iqos product. Once people realize those that were dying were inhaling black market products, it should recover and still payoutbits current 8.5 percent dividend


IMO buying that stock is more like gambling investing. I can speculate that Altria is going to get blamed and sued anyway, since that is all about the money.
28   SunnyvaleCA   2019 Oct 24, 6:30pm  

You could always try Phillip Morris (PM). Relatively steady company with 5% dividend.
29   theoakman   2019 Oct 24, 7:24pm  

Booger says
theoakman says
Altria has been beaten down due to the negative sentiment related to vaping. Their revenue seems poised to grow from Juul and their new fda approved iqos product. Once people realize those that were dying were inhaling black market products, it should recover and still payoutbits current 8.5 percent dividend


IMO buying that stock is more like gambling investing. I can speculate that Altria is going to get blamed and sued anyway, since that is all about the money.


You can speculate all you want...they've been through decades of this legal roller coaster and they've always come out on top.
30   theoakman   2019 Nov 27, 4:55am  

Altria now up 20% and still yielding 6%. Buying that dip was a home run.
31   KgK one   2019 Nov 27, 6:25am  

Oxy buffet stock 8.5%
Oxydental petroleum. Issue I see is that it has pe of 28. But buffet bought 10 billion worth. It is historically low in price.
32   FortWayneAsNancyPelosiHaircut   2019 Nov 27, 7:42am  

what are your thoughts guys on ATT and Verizon?

I'm looking for safe options mostly, that still have dividents.
33   KgK one   2020 Jan 14, 8:42am  

With china agreement , Gm might sell more stocks.

GM stocks PE 6 div 4%
34   Goran_K   2020 Jan 14, 8:52am  

I've been into ATT since 30, it's returning a great dividend.

I also like Johnson and Johnson.
35   EBGuy   2022 May 23, 1:04pm  

Kinda wishing I had picked up a couple of share when it was below $3. Hopefully the Duck Trust weathered the storm...
ARLP almost at $20 again.
36   Hircus   2022 May 23, 9:23pm  

EBGuy says

Kinda wishing I had picked up a couple of share when it was below $3. Hopefully the Duck Trust weathered the storm...
ARLP almost at $20 again.


Ya, I recall seeing it around 4 or 5 and considered buying, but didnt.

I did recently buy some calls on it. So far doing pretty good, but didn't really buy a whole lot.
37   just_passing_through   2022 May 24, 8:43am  

I finally got out of ARLP just yesterday. Timely post.
38   AmericanKulak   2022 May 24, 9:25am  

mell says

btw. I hope nobody got stuck with or jumped into the pot mania. Too lazy to bring out the old thread but I cautioned against those heavily, most of them are down to 1/4 - 1/10 of former values. Crazy! lol tlry at $20... Weed was a big trap, too much productions and yuge margin pressure coming, probably also consolidation, so at least there may be a few buyouts/mergers.


Yep, growing a weed, literally. Grows faster, easier, in more places than basil or chives.

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