Comments on: My Current Effective Dividend Yield: Bank of America http://www.thedividendguyblog.com/my-current-effective-dividend-yield-bank-of-america/ One Guy's Journey to Passive Income Through Dividend Investing Fri, 10 Feb 2012 13:02:29 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: Thicken My Wallet » Blog Archive » Reflections on Bear Stearns and the future of financial stocks http://www.thedividendguyblog.com/my-current-effective-dividend-yield-bank-of-america/comment-page-1/#comment-36155 Thicken My Wallet » Blog Archive » Reflections on Bear Stearns and the future of financial stocks Wed, 26 Mar 2008 11:00:43 +0000 http://www.thedividendguyblog.com/my-current-effective-dividend-yield-bank-of-america/#comment-36155 [...] Bank of America by the Dividend Guy [...] [...] Bank of America by the Dividend Guy [...]

]]> By: moneygardener http://www.thedividendguyblog.com/my-current-effective-dividend-yield-bank-of-america/comment-page-1/#comment-34662 moneygardener Mon, 10 Mar 2008 12:44:50 +0000 http://www.thedividendguyblog.com/my-current-effective-dividend-yield-bank-of-america/#comment-34662 NoBob, Agreed. BTW, BAC does seem attractive at these levels if they don't cut the dividend. I for one think their acquisition of CFC will turn out to be genious long term, but may hurt short to mid term. BAC's yield is very attractive if they do not cut. I like BAC's long term prospects better than BMO's. NoBob, Agreed. BTW, BAC does seem attractive at these levels if they don’t cut the dividend. I for one think their acquisition of CFC will turn out to be genious long term, but may hurt short to mid term. BAC’s yield is very attractive if they do not cut. I like BAC’s long term prospects better than BMO’s.

]]> By: Writer's Coin http://www.thedividendguyblog.com/my-current-effective-dividend-yield-bank-of-america/comment-page-1/#comment-34657 Writer's Coin Mon, 10 Mar 2008 11:30:22 +0000 http://www.thedividendguyblog.com/my-current-effective-dividend-yield-bank-of-america/#comment-34657 I just dipped my toes into BAC last week after thinking/writing about it for a long time. I just dipped my toes into BAC last week after thinking/writing about it for a long time.

]]> By: NoBoB http://www.thedividendguyblog.com/my-current-effective-dividend-yield-bank-of-america/comment-page-1/#comment-34645 NoBoB Mon, 10 Mar 2008 07:28:31 +0000 http://www.thedividendguyblog.com/my-current-effective-dividend-yield-bank-of-america/#comment-34645 Didn't Biff end up with the almanac from the future, allowing him to bet -- and win -- on things he knew would happen? Anyway... If your outlook hasn't changed, I'd think concern with the current yield just muddies the situation, other than, in this case, knowing that your reinvestments are being made at an even more attractive yield than you're getting on your original shares, which isn't "normal". Once you've taken the position, what you 'could've done' is just a pointless exercise. You make a good point with the idea that it identifies 'on sale' stocks. Those of us that don't automatically reinvest can use that info to help choose where to deploy the cash received from the entire portfolio. And we don't even have to worry about a flux capacitor :-) Didn’t Biff end up with the almanac from the future, allowing him to bet — and win — on things he knew would happen? Anyway…

If your outlook hasn’t changed, I’d think concern with the current yield just muddies the situation, other than, in this case, knowing that your reinvestments are being made at an even more attractive yield than you’re getting on your original shares, which isn’t “normal”. Once you’ve taken the position, what you ‘could’ve done’ is just a pointless exercise.

You make a good point with the idea that it identifies ‘on sale’ stocks. Those of us that don’t automatically reinvest can use that info to help choose where to deploy the cash received from the entire portfolio.

And we don’t even have to worry about a flux capacitor :-)

]]> By: moneygardener http://www.thedividendguyblog.com/my-current-effective-dividend-yield-bank-of-america/comment-page-1/#comment-34591 moneygardener Sun, 09 Mar 2008 17:31:31 +0000 http://www.thedividendguyblog.com/my-current-effective-dividend-yield-bank-of-america/#comment-34591 NoBoB, Wasn't it Marty that travelled back to the future, not Biff..if I was a future-teller i would be Marty and this would be Biff's blog... Anyway, my point was not that I am a fortune teller, it was that BAC is an example right now of a stock that The Dividend Guy holds where his YOC has not actually caught up to the yield that the stock is offering today; therefore he would have been better of buying the stock today...of course hindsight is 20/20. I hold several stocks where my YOC is lower than the current yield. This scenario should just tell dividend growth investors to buy more of that particular stock if they feel that the long term outlook has not changed. NoBoB, Wasn’t it Marty that travelled back to the future, not Biff..if I was a future-teller i would be Marty and this would be Biff’s blog…

Anyway, my point was not that I am a fortune teller, it was that BAC is an example right now of a stock that The Dividend Guy holds where his YOC has not actually caught up to the yield that the stock is offering today; therefore he would have been better of buying the stock today…of course hindsight is 20/20. I hold several stocks where my YOC is lower than the current yield. This scenario should just tell dividend growth investors to buy more of that particular stock if they feel that the long term outlook has not changed.

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