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Author: psamtani One star, 50 posts Old School Fool Motley Fool One Everlasting Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 8856  
Subject: Re: My DG Portfolio - Work in Progress Date: 2/22/2013 12:33 PM
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Thanks again for the additional comments.

NewAlchemist, when I saw your suggestion of MDT, the ticker symbol looked familiar, so I scanned through my current portfolio and was happy to see that I already own it. It's a recommendation on the MF Pro service which I subscribe to. The yield at present is only 2.3%, but it has a 35 year history of paying and growing dividends, and its 5 and 10 year dividend growth rates have been double digits (16.5% and 15.5% respectively if I'm reading David Fish's CCC chart correctly). If that's the case, this will make stock #19 on my DG list.

TMFMurph, I looked up BDX. Solid DG stock (41 years of dividend payment and growth history). Dividend growth rates have also been in the double digits. Yield is only 2.3 at present (same as MDT above). This stock is not on DVK top 40 DG stocks for 2013 and it's also not followed by any of the MF services, so I may hold off on it for my DG portfolio. Plus, I've never heard of the company (Becton Dickinson & Co)? Not that name recognition should be a main criteria for selection, but all things being equal, when the market is in turmoil, I find it more comforting when I own a business with a name I recognize.

While we're on healthcare stocks, I noticed that AZN, NVS and BAX are all on David Fish's CCC list and also on DVK's top 40 DG stocks for 2013 (I hope it's okay that I mention this; I know DVK publishes this info for sale on his website, but since I'm only posting a few of the ticker symbols without any of his commentary, I hope I'm not crossing any lines). I didn't include these on my DG portfolio list because their dividend history is not as long (under 10 years except for NVS which has a dividend history of 11 years), plus their yields are under 3% (except for AZN which has a yield of 6.3% with a dividend history of 9 years as per Dave Fish's CCC list). If anyone has a case to make for these 3 healthcare stocks, I'll dig deeper. Otherwise, I'll leave them out for now as well.

I have a question on researching dividend growth rates, do most people here use the DGR figures from David Fish's CCC list (along with the projected 5 year dividend growth model he provides)? This is what I'm doing and it's very helpful, but I'm wondering if I should be doing more due diligence (David Fish just makes it too easy, not that I'm complaining :)

BruceM, response to follow in next post!

psamtani
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