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| davef139 |
 Posted: Thu Jul 31, 2008 6:43 pm Post subject: SJM - Smuckers |
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Investing Associate
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| Ok im looking into this currently as im collecting dividend stocks preferably to get monthly payments to myself. Right now its been on the rise, its done $8/share since July 1st and is about midway through its 52 high/low. The other appealing thing is they are doing a one-time $5 dividend after thier Folgers merger completes also. So what yall think about this? |
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| deprived |
| Posted: Sun Aug 03, 2008 5:19 am Post subject: |
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Investing Sr. Associate
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looks like a sound company, good numbers = S&P rate it a strong buy.
They pay quartly dividends- not monthly |
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| davef139 |
| Posted: Thu Aug 14, 2008 8:17 am Post subject: |
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Investing Associate
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| deprived wrote: |
They pay quartly dividends- not monthly |
Im trying to get 3 stocks that rotate months so i get payouts each month.
Well after this morning looks like it was a good buy.
I bought some on here at 48.~ and its up 11%.
IRL i waited a bit longer andbought in at $49.90/share, but im still up almost $4 share with a $64 dividend coming in sept. |
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| DKnightSr |
| Posted: Thu Aug 14, 2008 1:32 pm Post subject: |
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Member of the Month
May
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| davef139 wrote: | | deprived wrote: |
They pay quartly dividends- not monthly |
Im trying to get 3 stocks that rotate months so i get payouts each month.
Well after this morning looks like it was a good buy.
I bought some on here at 48.~ and its up 11%.
IRL i waited a bit longer andbought in at $49.90/share, but im still up almost $4 share with a $64 dividend coming in sept. |
You can't beat Smuckers as a good stable company. They have loyalties that don't show on a spreadsheet. Their history of premium product at a fair price goes back 47 years that I know of. As a little boy I picked berries for a farmer that was contracted to Smuckers. I went with him to the plant, and it was immaculately clean. All the workers were friendly, and I remember the farmer was most happy to be growing for the company.
Now that info is a bit dated.....but the plant is still there...and has been added on to in large scale over the years. They must still be doing SOMETHING right, eh?  |
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| eamoses |
| Posted: Fri Aug 15, 2008 4:01 pm Post subject: |
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Investing Manager
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| as for the stock, it's not a bad one, it is stable-- not one of the best dividend earners per se, but i don't see them going away anytime soon- i see the price dropping sometime this month, or early next month- might give you a chance to pick up a few more... |
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| eamoses |
| Posted: Fri Aug 15, 2008 4:28 pm Post subject: |
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Investing Manager
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a good div payer is WBK, only pays out twice a year- usually May/June and November/December-- it is showing that the price will be dropping soon, right now it is around 99 a share, but pays out about 3.30 in dividends.... it looks like you bought SJM with about 9800 and are making 256 a year from this, with WBK/100 shares for 9900 you would have 660 a year... a word of note- this is an Australian bank, and financial stocks are depressed at this time-- but this is a low price considering this stocks value.
another good div payer is Frontline, the water transport company- but don't buy right now, this stock is going to take a plunge this month/next month, i would watch it though for a good time to pick it up...
one last one, TNH this is similiar to WBK, but is a fertilizer company, it is also on a pull back, but is currently trading around 99 a share with about a 3.60 div- this one pay outs quarterly, so it would pay really well...
after all that-- i do like SJM, just there are a lot more heavy div stocks out there |
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| davef139 |
| Posted: Fri Aug 15, 2008 5:43 pm Post subject: |
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Investing Associate
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I've been watching SJM for a while which is why i hopped on, the otehr bigger reasoning was after thier earnings report I figured I would try to score thier $5 one time div for this year. I specifically like food stocks since i work in the grocery industry so I have been watching a few, the other is HNZ (Heinz Foods) earnings are due next week and already at the top of the 52week high
my monthly return avg is stupidly high heh.. |
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| eamoses |
| Posted: Fri Aug 15, 2008 5:51 pm Post subject: |
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Investing Manager
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| one good thing with groceries, people will always need them... |
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