Strict Standards: Non-static method Jetpack_Subscriptions::init() should not be called statically in /home4/wolfey/public_html/wp-content/plugins/jetpack/modules/subscriptions.php on line 511

Strict Standards: Non-static method Jetpack_Notifications::init() should not be called statically in /home4/wolfey/public_html/wp-content/plugins/jetpack/modules/notes.php on line 195

Strict Standards: call_user_func_array() expects parameter 1 to be a valid callback, non-static method Jetpack_Post_By_Email::init() should not be called statically in /home4/wolfey/public_html/wp-includes/plugin.php on line 503

Strict Standards: Non-static method Jetpack_User_Agent_Info::is_ipad() should not be called statically in /home4/wolfey/public_html/wp-content/plugins/jetpack/modules/custom-css/custom-css.php on line 17

Strict Standards: call_user_func_array() expects parameter 1 to be a valid callback, non-static method GoogleSitemapGeneratorLoader::Enable() should not be called statically in /home4/wolfey/public_html/wp-includes/plugin.php on line 503
dog of the dow - dividendincomestocks.com
Strict Standards: Declaration of Suffusion_MM_Walker::start_el() should be compatible with Walker_Nav_Menu::start_el(&$output, $item, $depth = 0, $args = Array, $id = 0) in /home4/wolfey/public_html/wp-content/themes/suffusion/library/suffusion-walkers.php on line 39

Strict Standards: Only variables should be passed by reference in /home4/wolfey/public_html/wp-content/plugins/jetpack/modules/custom-css/custom-css.php on line 239
Feb 162012
 

GE Logo Dog of the Dow #5, General Electric (GE)

The #5 dog of the dow for 2012 is General Electric, (Ticker symbol GE).  General Electric is the 6th largest company in the United States, and is a 200 billion dollar cap company; General Electric was founded in Schenectady New York.  GE is a very old company, established back in 1892.  GE is currently split up in four segments, Technology Infrastructure, Energy, Capital Finance and Consumer & Industrial.

In 1896, GE was one of the original 12 companies to be listed on the newly founded Dow Jones Industrial Exchange.  It is the only one that remains today from the original 12.

GE went through a 20 year period of exceptional growth, where the stock value went from 1 dollar a share (split adjusted) in 1980, to a high of 59.88 in August of 2000.  However after 2000, GE has experienced a significant drop in their stock value.  Over the next two and a half years, GE lost over half of their value, as the stock fell in the 22 dollar range, during the 2003 recession.

GE once again came back, experiencing strong growth into 2008, with share prices going over 40 dollars a share.  A solid dividend of 31 cents a quarter made it a strong stock during this period.  Then 2009 happened, and the stock fell all the way to 7.06 a share.  GE had to change course of their company.

During 2009, GE cut back their dividend from 31 cents a quarter to 10 cents a quarter.  GE has come back from 7.06 a share to just over 19 dollars a share today.  The dividend has also been increased, though not back to levels in 2008.  The current quarterly dividend is 17 cents a share.  Its current dividend yield is 3.6%.  However, I would believe that GE will probably boost their dividend once again in 2012, working it back towards the levels we seen in 2008.

GE earnings were $1.24 a share for 2010, and were just reported at $1.37 for 2011 and projected to be $1.56 for 2012 and $1.75 for 2013.  This is a company that is continuing to grow, even though it’s already huge.  All of this equates to an average P/E ratio of about 15.  Forward PE for 2012 is looking closer to 12 at the current projections.

My unofficial estimate is that GE will be the big winner in the Dogs of the Dow.  This Dog of the Dow will be at $25 a share by the end of the year, and the quarterly dividend will be increased to 19 cents.  GE has made money for its investors for almost a century, and minus the 10 years which have been up and down, its ready to be a top stock once again.

GE was a Dog of the Dow back in 2009.  Even with their poor year in 2009, if you bought the stock the first week of January, then sold it the first week of January in 2010, you would have still made a profit.  This is why, as I stated above, I will bet on GE making you a profit for 2012.

Disclosure: I currently do not own any shares of GE.  However, I may place a limit order on the stock during the month of February.

Go back to my original post for 2012 Dogs of the Dow. 2012 Dogs of the Dow

Originally published February 16, 2012

Incoming search terms:

  • logo
  • ge energy logo
  • ge money logo
  • g&e
  • Ge Capital logo
  • GE images
  • ge blue logo
  • logo images
  • general electric logo
  • logo pictures

Share and Enjoy

  • wp socializer sprite mask 32px Dog of the Dow #5, General Electric (GE)
  • wp socializer sprite mask 32px Dog of the Dow #5, General Electric (GE)
  • wp socializer sprite mask 32px Dog of the Dow #5, General Electric (GE)
  • wp socializer sprite mask 32px Dog of the Dow #5, General Electric (GE)
  • wp socializer sprite mask 32px Dog of the Dow #5, General Electric (GE)
  • wp socializer sprite mask 32px Dog of the Dow #5, General Electric (GE)
  • wp socializer sprite mask 32px Dog of the Dow #5, General Electric (GE)
  • wp socializer sprite mask 32px Dog of the Dow #5, General Electric (GE)
<
Jan 252012
 

merck Dog of the Dow #3, Merck (MRK)The #3 dog of the dow for 2012 is Merck, (Ticker symbol MRK).  Merck is a 120 billion dollar cap company, one of the largest in the world in the Pharmaceutical business. Merck is a very old company, established back in 1891.  During World War I, it was confiscated as an assets (as most German assets were) and was then brought back as a private company after.

The company has manufactured, invented and sold drugs since the start of the company. Merck also publishes “The Merck Manuals” which are a series of medical reference books.  These include the top selling medical textbook, “Merck Manual of Diagnosis and Therapy”.

MRK has had some issues with their stocks over the past 8 years.  Once a stock that was riding around 45 dollars a share, it took a huge hit towards the end of 2004 when the company was forced to pull Vioxx off of the shelves.  The stock went down to below 26 dollars a share after the loss of the drug and imposing litigation. Merck’s stock rebounded all the way over 60 dollars a share early in 2008 before the great recession.  After May 2008, the stock never saw 40 dollars again.  Merck recently increased their dividend from 38 cents a share a quarter to 42 cents a share a quarter. Its current dividend yield is 4.29%.  The increase in dividend has boosted the stock from a 34 dollar a share stock to nearly that unreachable 40 dollars a share.  Also the dark cloud over drug stocks has started to clear and the public has started to favor them once again.

MRK earnings were $1.46 a share for 2010, and are projected to be around $3.76 for 2011 and $3.84 for 2012. This equates to an average P/E ratio of about 10.50.

My unofficial estimate is that MRK does not have the income gains to continue the growth they have shown here at the end of 2011 and early 2012, and the stock will stall around $42 a share, and may actually lose value during the year.  MRK will finish 2012 at around $38 a share.

Go back to my original post for 2012 Dogs of the Dow. 2012 Dogs of the Dow

Incoming search terms:

  • merck
  • small dogs of the dow
  • small dogs of the dow 2012
  • income stocks list
  • dogs of the dow 2012 list
  • merck company
  • merck and company

Share and Enjoy

  • wp socializer sprite mask 32px Dog of the Dow #3, Merck (MRK)
  • wp socializer sprite mask 32px Dog of the Dow #3, Merck (MRK)
  • wp socializer sprite mask 32px Dog of the Dow #3, Merck (MRK)
  • wp socializer sprite mask 32px Dog of the Dow #3, Merck (MRK)
  • wp socializer sprite mask 32px Dog of the Dow #3, Merck (MRK)
  • wp socializer sprite mask 32px Dog of the Dow #3, Merck (MRK)
  • wp socializer sprite mask 32px Dog of the Dow #3, Merck (MRK)
  • wp socializer sprite mask 32px Dog of the Dow #3, Merck (MRK)
<
Jan 172012
 

 Dog of the Dow #1, ATT (T)

The top dog of the dow for 2012 is ATT, (Ticker symbol T).  ATT is the 9th largest company in the United States as of 2011.  The company began its existence as Southwestern Bell in 1983, when the Bells were forced to split.  Over time, they have bought back many of the “baby bells” and are now known as ATT.

The company originally specialized in local and long distance phone calls via landlines.  Now they have branched off into internet services, and wireless telephone and data services.

ATT is approximately a 180 billion dollar cap company.  The stock fell to just under 25 dollars a share during the 2009 downfall, and has slowly came back to just over 30 a share.  During this time, the dividend has gone up from 40 cents a share a quarter to 44 cents a share a quarter.  Its current dividend yield is 5.9%.

ATT earnings were $2.25 a share for 2011, and are estimated to be $2.44 for 2012.  This equates to a very favorable P/E ratio of just under 14.

My unofficial estimate, ATT will gain some value during 2012, and finish with a PE ratio of around 15.  ATT will finish 2012 at around $36 a share.

Go back to my original post for 2012 Dogs of the Dow. 2012 Dogs of the Dow

Originally posted January 17th, 2012.

Incoming search terms:

  • pfizer
  • blue logo
  • pfizer logo
  • logo blue
  • blue s logo
  • blue ge logo
  • ge logo
  • logo pfizer
  • verizon logo
  • ge logo blue

Share and Enjoy

  • wp socializer sprite mask 32px Dog of the Dow #1, ATT (T)
  • wp socializer sprite mask 32px Dog of the Dow #1, ATT (T)
  • wp socializer sprite mask 32px Dog of the Dow #1, ATT (T)
  • wp socializer sprite mask 32px Dog of the Dow #1, ATT (T)
  • wp socializer sprite mask 32px Dog of the Dow #1, ATT (T)
  • wp socializer sprite mask 32px Dog of the Dow #1, ATT (T)
  • wp socializer sprite mask 32px Dog of the Dow #1, ATT (T)
  • wp socializer sprite mask 32px Dog of the Dow #1, ATT (T)
<