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;
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’;
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;
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;
Not to fear, though, because Google shows it;
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;
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;
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…