5.7% yld

http://www.forbes.com/sites/dividendcha ... r=yahootix


"
Six Flags Entertainment Named Top Dividend Stock With Insider Buying and 5.74% Yield

DividendChannel.com, Cont



In this series, we look through the most recent Dividend Channel ”DividendRank” report, and then we cherry pick only those companies that have experienced insider buying within the past six months. "..................

when the P/E and the inverse of the dividend are far apart - I avoid.

I also avoid stocks that are pushing 3-5 year highs

Their dividend is more than what the earnings can sustain - so it's not a buy in my book.

I do like stocks that have earnings and are capitalized below the 5B point, though.

bailey bud wrote: when the P/E and the inverse of the dividend are far apart - I avoid.

I also avoid stocks that are pushing 3-5 year highs

Their dividend is more than what the earnings can sustain - so it's not a buy in my book.

I do like stocks that have earnings and are capitalized below the 5B point, though.

I put it on a watch list. I do like the insider buying and a yield above 5%.

What is the significance of your first metric?

Thanks, I will look up the companys tomorrow. Silly but I only like to open my Schawb platform once a day when the market is open.

I think you are abt 20 years younger than I am so cap gains makes a lot of sense. I have been trying to shift to dividend income for the last couple of years but am still stupid overweight in spec oil & gas small caps.

I am still chewing over this, "if P/E and the inverse of the dividend are far apart"

My take is the inverse of the yield is 100/5.7=17.5

That is about the forward P/E that Schawb shows.

BB - yup - I look to double my value in 2-3 years. Therefore, I tend to look for buying opportunities in the market.

To my eyes --- a consistent upward price line is not what I'm looking for - even if it is a decent company.

Six Flags might be perfectly good company - but the market likes it - so I avoid it.
(I look for good companies the market hasn't caught onto, yet)

I like buying into a good company that's been beaten up a little
(the market isn't very kind about earnings disappointments - even if earnings are still positive)

Take a look at GES (Guess), for example. They're a profitable earning company = well off their 52 week high.

bailey bud wrote: BB - yup - I look to double my value in 2-3 years. Therefore, I tend to look for buying opportunities in the market.

To my eyes --- a consistent upward price line is not what I'm looking for - even if it is a decent company.

Six Flags might be perfectly good company - but the market likes it - so I avoid it.
(I look for good companies the market hasn't caught onto, yet)

I like buying into a good company that's been beaten up a little
(the market isn't very kind about earnings disappointments - even if earnings are still positive)

Take a look at GES (Guess), for example. They're a profitable earning company = well off their 52 week high.

I sort of agree with all that but when I buy pull backs they turn into falling knifes. I have done better buying up trends. I use institutional ownership rather than an up trend to gage market sentiment. In this case your metric yields the same result . Schawb shows something like 97% institutional ownership.

Bob- another "rule of thumb" is dividend payout ratio not more than 50% of earnings. Six Flags ratio looks higher than that. Of course earnings numbers can be distorted by the accountants, so cash flow may be the better metric, and maybe they believe they can pay the div rate.

Insider buying can be tricky too, are they buying on the open market with their own funds, or is it free stock or options given to them in compensation?

Every time I buy a 4% dividend yield, the stock promptly drops 8% LOL

The stock market seems like a game of Russian Roulette these days and I'm not willing to play. Good topic though, hope you guys come out on top.

Rick wrote: The stock market seems like a game of Russian Roulette these days and I'm not willing to play. Good topic though, hope you guys come out on top.

Looking back over the last 30 years I might have been better off if I had never played.

Still at this point I do not see a viable option. After a lifetime of work we have a small nest egg. In the bank or under the mattress it is being destroyed by inflation. Real estate I think is a great place for someone younger, not for us. Hard assets, no diversification. I would feel silly dieing with a pocket full of gold or a closet full of tuna fish.

We get a decent percentage of our income from solid dividend stocks. They have helped pay for our kids college tuitions and will continue to help us with our retirement. You have to be willing to do the leg work and avoid bubbles at all costs!