Dividend Portfolio for Retirement Income: 6% or higher club

[Malmqky]

14 minutes ago, brobro777 said:

 

Yea and yet they raised dividends more than 50 plus years in a row and the stock is at $60 now, probably on its way to break all time highs within the next 5 years

 

Think about what a strong business MO has when it can withstand endless lawsuits, endless government regulations, endless dumbass management decisions, and endless marketing campaigns against tobacco, decade after decade

 

You gotta try to understand the mentality of guys who go to gas stations at 2AM to buy a pack of Marlboro Reds - I recommend smoking 2 packs a day for a while

 

haha

 

 

 

 

Ha, you may be right. Something to be said about a business a ham sandwich can run.

 

I own a good amount of PM and some BTI, and I reckon they'll do better than MO. We'll see.

[brobro777]

2 minutes ago, Malmqky said:

 

Ha, you may be right. Something to be said about a business a ham sandwich can run.

 

I own a good amount of PM and some BTI, and I reckon they'll do better than MO. We'll see.

 

I was thinking a bucket of fried chicken but a ham sandwich is just as good!

 

You right about PM man, it's better and it'll probably hit $200 this year 

 

haha yes

 

[Spekulatius]

PAX was yielding 6% when I bought it, currently ~4.6% . Rather than an absolute dividend yield, I would focus dividend and dividend growth potential. I think some. 3-4% yield era with good growth are preferable to some 6% yielders which have not got expected growth potential.

 

Slso, some Japanese cos have been showing impressive dividend growth, due to soft pressure from the Tokyo stock exchange to improve valuations. Many business do this by boosting dividends and buybacks. just one example A&D Holon 7745 currently pays out 40Yen/ year but has announced a boost to 50yen. It’s not a high yield, but their balance sheet is great and they are growing nicely and payout low with over 200yen/share in earnings . They can easily keep raising their dividend  by 20% for a couple of years and you end up with a nice yield that way. Thats just one of the many and I only mention it because I own it.

Edited May 30, 2025 by Spekulatius

[Rainier]

Curious if anyone has any new ideas in this realm?

 

NVEC recently dropped on earnings. Its yield is back up over 6%.

[Saluki]

In addition to the ones I previously mentioned here, SWBI is beaten down to the point where it's yielding over 6% again. The big capex spend is behind them and management said they are committed to maintaining or growing the dividend, so if you don't mind the ups and downs, seems okay.

 

I have a small position in DK. Not yielding 6% anymore since the price ran up, but it's pulled back in the past couple of weeks so it may be worth keeping an eye on. 

[SharperDingaan]

Look at both CJ-T (9.6%), the CJ-WT-T, and IPO-T (10.3%).

 

We own all of these, and bought when the cash yield was well > 10%. The CJ warrant is particularly attractive if the investment is held within a TFSA, and you are willing to wait for the monthly dividends 

 

Why 10%? Allow 2.8% average annual inflation, and the annual real return on that cash dividend is 7.2%. 10 yrs to double (rule of 72); alternatively, 10% of the principal (100/10 yrs) could be withdrawn every year without diminishing the size of the dividend portfolio or its purchasing power, with every dime of annual intervening gain/loss staying in the portfolio until eventual wind up. 

 

Lots of possibilities.

 

SD

 

 

 

Edited July 29, 2025 by SharperDingaan

[Rainier]

On 7/29/2025 at 1:21 PM, SharperDingaan said:

Look at both CJ-T (9.6%), the CJ-WT-T, and IPO-T (10.3%).

 

We own all of these, and bought when the cash yield was well > 10%. The CJ warrant is particularly attractive if the investment is held within a TFSA, and you are willing to wait for the monthly dividends 

 

Why 10%? Allow 2.8% average annual inflation, and the annual real return on that cash dividend is 7.2%. 10 yrs to double (rule of 72); alternatively, 10% of the principal (100/10 yrs) could be withdrawn every year without diminishing the size of the dividend portfolio or its purchasing power, with every dime of annual intervening gain/loss staying in the portfolio until eventual wind up. 

 

Lots of possibilities.

 

SD

 

 

 

I read one of your posts on Cardinal a few months ago and bought the ADR. Up about 53% with nice monthly dividends. Thanks for that!

[SharperDingaan]

9 hours ago, Rainier said:

I read one of your posts on Cardinal a few months ago and bought the ADR. Up about 53% with nice monthly dividends. Thanks for that!

 

Today's selloff was unwarranted. The Reford warm-up will add around 2,000 boe/d over Q3, and will add another 2,000-4,000 boe/d by the end of Q4; there's a reason why they will be paying down debt in Q4  As the current 84% payout ratio, moves towards that of a WCP, the div yield will also drive the price to around CAD 9.00.

 

Another 26% in gains when Q42025 is reported, plus the 10% dividend yield

 

SD    

Edited August 1, 2025 by SharperDingaan

[dipod]

6 hours ago, SharperDingaan said:

 

Today's selloff was unwarranted. The Reford warm-up will add around 2,000 boe/d over Q3, and will add another 2,000-4,000 boe/d by the end of Q4; there's a reason why they will be paying down debt in Q4  As the current 84% payout ratio, moves towards that of a WCP, the div yield will also drive the price to around CAD 9.00.

 

Another 26% in gains when Q42025 is reported, plus the 10% dividend yield

 

SD    

What’s the US ticker on this?

[SharperDingaan]

8 hours ago, dipod said:

What’s the US ticker on this?

 

CRLFF on the OTC market.

Warrants are on the Toronto Stock Exchange (TSX). CJ-WT.TO

Options are on the Montreal Stock Exchange (MSX).

 

SD 

[Ulti]

What about a high yield corporate bond fund like vweax which has a distribution yield of over 6%

[dipod]

On 8/1/2025 at 9:18 AM, SharperDingaan said:

 

CRLFF on the OTC market.

Warrants are on the Toronto Stock Exchange (TSX). CJ-WT.TO

Options are on the Montreal Stock Exchange (MSX).

 

SD 

Thanks

[Lazarus]

PFE is paying 7% and has been raising their dividends since 2009. Their payout ratio is at 100% but there aren't any rumblings about cutting the dividend as of yet.

[SharperDingaan]

Just a bump ....

 

SD

[Buckeye]

Jack Hough’s article in last week’s Barron’s was pretty good…

 

Meet the Suspicious 8: Dividends Over 8%, Lots of Problems

 

Will one of them be the next success story, like ATT, or will the strategy rank somewhere between “sniffing expired milk and a scratch-off lottery ticket”? 
 

LyondellBasell (LYB) - 11.3% yield but it may be cut. Free cash flow for the year is estimated to be below the cost of the div. 
 

United Parcel Service (UPS) - 7.6% yield 

 

Conagra Brands (CAG) - 7.6%
 

Kraft Heinz (KHC) - 6.3%
 

Pfizer (PFE) - 7%
 

Altria (MO) - 6.5%
 

Ford Motor (F) - 5.1% (Not sure why this one made the list)

 

Verizon (VZ) - 6.8%
 

https://www.barrons.com/articles/dividend-stocks-yields-suspicious-90461aa3?st=RSTGFa&reflink=mobilewebshare_permalink

Edited October 17, 2025 by Buckeye

[Buckeye]

If I had to choose one of the Suspicious 8’s, I suppose I’d pick either PFE of MO, knowing what we know about the tobacco stocks and their being some of the best performing stocks in history. Not that historic performance is indicative of future returns. 

[Rainier]

Anyone have ideas in this arena? Some stuff I've come across lately:

 

BBY - With the recent decline, the yield is 6.5%. They also bought back some shares last year, so I have buyback yield at 2.2%. I have a Total Yield of 7.3% (tax adjusted, I'm assuming a 20% tax rate on dividends for the Total Yield figure).

 

HPQ - Dividend Yield = 6%, Total Yield = 8.6%

 

 

A few others that I follow that have high total yield, but don't meet the 6.0% dividend yield that the thread requires:

BBWI - Div Yield = 4.4%, Total Yield = 9.5%

BAH - Div Yield = 3%, Total Yield = 7.3%

HRB - Div Yield = 5%, Total Yield = 8.4%

[frommi]

Talking my book here:
KSPI 8.5%

LON:DOM 5.9%

Nomad 7%

Edenred 6.2%
Edit: Forgot OTCM, when you count the special dividend its also close to 5-6% yield.

Edited April 29 by frommi

[coffeecaninvestor]

I don't own them, but have noticed CLX yields 5.13% at 15x PE which seems pretty reasonable, KMB with a 5.2% yield, and UPS yields 6.31% but not sure how safe that dividend is I believe they froze it at its current level. 

 

I own OTCM with their special dividends yields around 4-5% yield for a high quality company. I also own HRB which I think can grow their dividend with their low payout ratio, and commitment to returning capital to shareholders. 

 

 

[Marco Van Basten]

I would add AENA in Spain, 5% dividend yield that should grow comfortably ahead of inflation.  

[weighingmachine]

Paychex 4.8% yield and 5 yr avg div growth at 10%

[ICUMD]

I had over 6% yield,  but that drops as share prices rise.  My portfolio of cdn banks remains a wonderful cash flow machine.