#HYHRD: Picking an apple from the bushel – $ORI $SPKE $CBNJ $BANC $ARTNA $PGH

I recently sold $PGH (at a HUGE LOSS) in our taxable account, and wanted a stock to replace it.

So, I turned to my spreadsheets to help me choose;

First, I looked at my watchlist spreadsheet to get a general ‘feel’ for how my ‘qualified’ dividend paying stocks were faring versus my ‘non-qualified’ dividend paying stocks;

watchlist

Turns out they are faring pretty well, and the stock I ultimately chose would have been #4 on this list, the 3rd stock paying a ‘qualified’ dividend. So, why didn’t I choose #2 or #3? Well, $SPKE is ineligible for the Capital One Investing (ShareBuilder) AIP, and $CBNJ just had a major gap up on some buyout news (chart and news courtesy of finviz.com), and is currently being ‘investigated’;

ineligible

$CBNJ

finviz

Then, I looked at my qualified spreadsheet to get a general ‘feel’ for how my ‘qualified’ dividend paying stocks were faring minus any ‘noise’ from my ‘non-qualified’ dividend paying stocks;

qualified

The stock I chose would be #2 on this list, just behind the previously mentioned $CBNJ, but only slightly ahead of $BANC and $ARTNA.

Now, if you rely on dividend.com for your dividend information (which I don’t recommend), you’d think there was a problem because they apparently missed declaring a dividend for December;

banc

Not to fear, though, because Google shows it;

banc

Also, Google has a link to $BANC’s website which shows the timely declaration of December’s dividend.

This is yet another illustration of how the self-proclaimed “#1 Source For Dividend Investing” has been an #EPICFAIL. Even after I told them that they missed the declarations of $HAS, $ORC, and $PULB. Their response was to cancel my subscription.

But, I digress…

So, I put it on my score spreadsheet to contrast against my other holdings;

score

It earned the #5 spot out of 6 possible investments, so I am adding that on Tuesday.

Was it a wise choice? Will it continue to perform? I’m no psychic, nor am I a time-traveller with a sonic screwdriver, so only (the passage of) time will tell.

AAR, an investment of $25 is a good test to see how well my choice stands up against all the forces of the markets. If it does well, it will get another $25 investment in a few weeks. If it does not do well, it won’t get any more money invested unless/until it does do well.

Another reason for this choice is not a good reason, but it fit right into the spot previously occupied by the big loser I just sold, $PGH;

equalweight

These methods probably won’t work for you. Hell, they probably won’t work for me. But, it’s what I’m doing.

That’s my story, and I’m sticking to it…

About PandA Trader

I am, I think... "Disobedience, in the eyes of anyone who has read history, is man's original virtue. It is through disobedience and rebellion that progress has been made." -- Oscar Wilde
This entry was posted in dividend portfolio. Bookmark the permalink.

Don't be shy! Leave a Reply...

Please log in using one of these methods to post your comment:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s