Dividends are important
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Created by matt ellenberger
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Date updated:11-05-2006

based on the idea that many asset classes are mis-priced and economic problems in the U.S. will probably slow if not reverse economic growth here and possibly abroad. Also think the USD is overvalued. Am looking for companies whose payout is low enough to cover some decline in revenues. In addition to income, prices for these companies should not fall as far as I expect the general market to decline.

symbol name last price % change open
  • +
  • PWE
    Penn West Energy
  • $17.24
  • -1.93%
  • $17.09

in the world of Canadian trusts, few companies are bigger. Conservative 50/50 mix of oil/gas, low payout (they aim for 60%), much room for growth (undeveloped lands, which in some cases they are farming out), oil sands, using CO2 to improve production of tired fields. Available in U.S., which helps the stock price; currently around 10%

People owning PWE also tend to own: ALDBMYCNEDSXGAINGOODHTE

TheStreet.com Rating: C What is this?

  • +
  • VGPMX
    Vanguard Precious
  • $19.56
  • +0.88%
  • $N/A

Simply the best play I have seen on metals and gold. Very shrewd portfolio -- not necessarily much on dividends, but a very good way to cover precious and basic metals.

People owning VGPMX also tend to own: ANZFROHTEOFCPWESFLSSL

TheStreet.com Rating: No Rating What is this?

  • +
  • HTE
    Harvest Energy Tr
  • $9.16
  • -0.54%
  • $9.18

controversially, recently bought a refinery -- the market is debating whether this is into a field HTE knows nothing about, or whether it is a shrewd way to level out income streams. I lean to the latter -- the acquisition, while expensive, will be accretive. Also available through the NYSE, it currently is yielding around 15%

People owning HTE also tend to own: ALDBMYCNEDSXGAINGOODML.TO

TheStreet.com Rating: C What is this?

  • +
  • SSL
    Sasol Ltd Adr
  • $39.06
  • +0.70%
  • $38.49

nice play on energy alternatives, a company that specializes in turning coal into a cleaner gas. Out of South Africa, which means it should do well as the dollar sinks (as should many of these stocks).

People owning SSL also tend to own: BTUCOGTEWJGRMNIFNJPMMSFT

TheStreet.com Rating: No Rating What is this?

  • +
  • WBK
    Westpac Banking C
  • $121.64
  • 0.00%
  • $N/A

An Australian bank. Exposure to both the more narrow Australian market, a country on a generally sound footing -- people there still "save" money, although their balance of payments can become unbalanced -- pays around 5%

People owning WBK also tend to own: ANZFROHTEOFCPWESFLSSL

TheStreet.com Rating: No Rating What is this?

  • +
  • ANZ
    Anz
  • $0.00
  • N/A
  • $N/A

another Aussie bank. pays 5%. dividends should rise, currency play should also help

People owning ANZ also tend to own: BBYEWLIGMLMTMOPBRT

TheStreet.com Rating: No Rating What is this?

  • +
  • OFC
    Corp Office Ppty
  • $33.65
  • -2.55%
  • $34.15

a delicate choice, for I think most REITs are priced for absolute total perfection -- this one is under 3% -- but it has done a good job locking up lots of office space around D.C. for gov't contracts and private companies that thrive on our government's efforts to listen to every phone call and read every email.

People owning OFC also tend to own: AIVAREAVBBPODDRDREEQR

TheStreet.com Rating: C What is this?

  • +
  • SFL
    Ship Finc Intl
  • $11.27
  • -0.09%
  • $11.28

shipping, but with a twist. a conservative play because SFL leases out its ships to FRO -- FRO pays a basic rate and takes the risk -- SFL gets a fairly predictable return, so the stock has little upside -- or downside. I would like it at 10%, currently around 8-9%

People owning SFL also tend to own: ALDBMYCNEDSXGAINGOODHTE

TheStreet.com Rating: C What is this?

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Portfolio not tracked!

10/30/2006 18:33 PM CST Asked by daverk
Should look at TNP

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