as there are several ETF for the 66 companies that make up the index, which one do you invest in?

is there a set time for dividend distribution- or each one is different?

how many of you use an ETF versus just picking some of the biggest/best aristocrats?

Are you talking about the NOBL etf?

Yep, pipeline all the way. Buy em all.

EPD
OKE
DOW
T

12thMan9 said:

---

I own EPD & ET. Have had EPD since '03.

---

nice- thanks.

Rookie question - I see EPD recommended everywhere but the stock does not look that exciting to me... Is EPD secret sauce its dividend? I'm simply trying to figure out why all the hype.... Appreciate any feedback. Thank you.

Another rookie question - is that necessarily a bad thing?

If I'm looking to create a dividend cash stream...something that shows it's highly unlikely to go down can't be a bad buy for at least a portion of your portfolio, right?

I mean sure, it's great if everything in your portfolio goes up, but that usually means it will have some swings down too...

You are absolutely correct.

Thanks for the feedback.

There are a lot of Aristocrat investment clones out there, it's hard to pick a bad one. I own a managed equity income account and the dividend covers up for the down years a bit, it's even beaten my growth account a few times. Blue chip stocks with decent dividends, what can go wrong.

Another good dividend stock is Pioneer Natural Resources Co. (PXD). Their dividend is around 11%+.

One day they will be bought out by one of the majors. There was speculation a month or 2 ago that PXD and Exxon were in negotiations. It will happen one day though and that will make a good payday, whether it be in cash or stock in the major that purchased them.

If EPD would ever get up to $29-$30 I would sell about 1/2 of my holdings in them. I am over invested in energy stocks. I just bought some more Exxon this morning. But hey, I grew up in a small oil town in west Texas, so these investments are what is expected of me!

PXD 11% divided is not as good as it looks as dividend calculation is backwards looking and the variable component hasn't been as good the last 2 quarters. Still a good divi stock, but not 11% good.

I like KNTK (fixed divi) and add shares anytime it gets below $32. I think they get acquired in late '24 and I get paid to wait.

12thMan9 said:

---

I own EPD & ET. Have had EPD since '03.

---

I looked up EPD on my Fidelity research tool and it was horrible: 1.2 out of 10

and seems to have no growth at all over the last 10 years.

Win At Life said:

---

LMCane said:

---

12thMan9 said:

---

I own EPD & ET. Have had EPD since '03.

---

I looked up EPD on my Fidelity research tool and it was horrible: 1.2 out of 10

and seems to have no growth at all over the last 10 years.

---

You are posting growth returns on a thread about dividend stocks?

---

This. I'm holding it for the guaranteed 7% div. If it goes up enough I'll sell it. If it doesn't, I'll hold it and keep getting paid.

DVN; T; JEPQ; JEPI; BAC; C;

Win At Life said:

---

LMCane said:

---

12thMan9 said:

---

I own EPD & ET. Have had EPD since '03.

---

I looked up EPD on my Fidelity research tool and it was horrible: 1.2 out of 10

and seems to have no growth at all over the last 10 years.

---

You are posting growth returns on a thread about dividend stocks?

---

What about the fact that you can buy a stock at $100 for it's dividend, and if 5 years later it's stock value is down to $90,

you have to take that into consideration simultaneously and can't only focus on the amount of dividend.

LMCane said:

---

Win At Life said:

---

LMCane said:

---

12thMan9 said:

---

I own EPD & ET. Have had EPD since '03.

---

I looked up EPD on my Fidelity research tool and it was horrible: 1.2 out of 10

and seems to have no growth at all over the last 10 years.

---

You are posting growth returns on a thread about dividend stocks?

---

What about the fact that you can buy a stock at $100 for it's dividend, and if 5 years later it's stock value is down to $90,

you have to take that into consideration simultaneously and can't only focus on the amount of dividend.

---

Of course both growth and dividends matter. But a 7% dividend with no growth gives doubles your money after 10 years with dividend reinvestment. Also, many retired people may want a steady dividend to pay the bills, instead of selling off a piece of their growth stock every month to do that (especially if that growth stock turns majorly negative for a couple years). There's numerous reasons to slice your investment pie different ways.

Verizon and ATT snuck into pipeline divs territory while i wasn't paying attention. Dilly dilly!

SPHQ takes the top 100. I've owned it for a while.

I don't classify ATT along w EPD ET and most other value stocks because their business model is broken. They can't maintain the dividend growth at the current FCF which is a huge deal breaker for me. I don't just want a healthy dividend, I want dividend growth and FCF to keep cover on the payout ratio.

Why go for dividends when interest rates are so high? Just build a T-bill ladder or something

And outside of preferential tax treatment, if you look at treasury forward curves, you have significant reinvestment risk trying to maintain 5% using t bills over the upcoming years.

Plus, if you buy companies w low payout ratios and historical dividend growth, the yield only declines because of an increase in value in the underlying security while the dividend reinvestments compound

Yup / that's why a lot of retirement accounts won't let you hold securities that produce a k-1.

UTBI and distributions aren't treated the same as qualified dividends.

https://www.fool.com/knowledge-center/tax-effects-of-k-1s-issued-by-etfs-in-iras.aspx

is there any difference in tax treatment for retirees which would make owning dividend stocks better than growth stocks?

meaning any differential treatment on capital gains when you have to sell the stock to make a profit versus keeping the stock and being paid out the dividend every month..

Capital gains taxes aren't age dependent.

JustPanda said:

---

Capital gains taxes aren't age dependent.

---

I understand that-

my point is that if you build an investment portfolio of dividend aristocrats, you aren't selling the underlying stocks but you are still reaping the payouts to your account

my question is- are you paying taxes at the end of the year when you file as much on those dividend payments as if you were actually having to sell the stock to make the profit

"dear google"