r/dividendgang

Can we all spend a moment to appreciate how BND has allowed us to point out the hypocrisy of the Boogertard cult and their retarded holy crusade against dividend investing ?

• Dividends are forced tax event: but yet they have no issues collecting dividends from BND
• Tax drag: they shit on qualified dividends then shill and voluntary opt for the unqualified dividends from BND which is taxed at the highest marginal both at the federal and state available
• Only "total return" matters: but yet invest in a negative return garbage (if you account for inflation)
• Dividends are yield trap/ NAV Erosion whatever: funny how all dividend investments brought up by people in this sub all have NAV growth while the BND current NAV is less than its NAV at inception, which fits the Boogertards' definition of yield traps
• Dividends are just your money back at you: sounds like they are talking about their BND garbage, literally just lost money value in inflation back at your right pocket.
• Dividend cut: funny how none of my funds have had any significant cut since 2020 even during COVID but yet BND has dropped dividends multiple times
• Dividends doesn't protect you from the downturn: they probably talk about the BND garbage, 25% drop in 2022 during the year of SVB collapse, for supposedly a stable asset.

🤡

Maybe I forgot something but above is a good list of their hypocrisy toward dividend investing (which is all fake news) but somehow being met by BND (which is extremely hard to do, there's no other garbage in the market like it).

Imagine shitting on SCHD then dump 40% of your assets into this garbage. Only a retarded cult like Boogertards can cook up this shit, I can't even think how low their IQ they would need to drop to even justify shilling for this garbage, let alone dumping money into it.

Even dumber not to realize the hypocrisy of what they are attacking vs. what they are holding.

🤡

Some people here hold these in a small percentage as yield booster so I thought you might be interested in this news.

Top comment made me laugh because the post mentions interest payments as justification for BND. Oh so now you love dividend payments, just the worst kind that are fully taxed.

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Imagine being this emotional invested in how others are investing their money 🤡

And they call us a cult 🤡

The Boogertards have gone full retarded, prove me wrong.

We all know that this sub loves funds… SCHD, JEPI, JEPQ, etc… But what are some of your ‘must hike’ individual names right now? Even if not totally dividend oriented?

I’ll start: ABBV, MO, and ARCC will always be staples in my individual portfolio. And right now I’m aggressively building positions in MKC and KMB while the price is down and yield is up.

BND is 1.94% per year in the last 10 years with an 18% drawdown​.

1week Tbills are 2.17% ​if you take average fed rate and then 0.2% for the spread for the bank you get 1.97% with no state tax and no drawdown ever.

Please can someone enter the mind of the bogelhead and explain to me why BND isnt the worst "investment" ever? ​why is this your age in portfolio size?

Bond payouts and other sundry dividends from last Friday need re-investing.

Things I am buying:

NOMD. Close to 7% yield, analysts like it right now, lots of insider buying last week

GLPI. Also approaching 7%, numerous strong buy calls

MRP. Approaching 11%, ditto. Fair value looks 30% higher

MAIN. Reliable payer at 52 week lows, closed 50.45 Friday, put in a GTC order at 50.00

KBDC. 10+% payer, good balance sheet, good portfolio

NOMD, GLPI, MAIN adding to existing positions. MRP and KBDC will be new ones.

Your turn.

Hi guys!

Does anyone know any good UCITS ETFs for dividend growth?

TIA!

42M, I have a 401k that is separate.

I figured out the lowest monthly needs I have, which comes out to $3,275 a month.

Now my goal, is to start getting certain tickers to 1% of my monthly needs. Only $32.75 a month. So much more achievable and easier to swallow (starting out at least).

I have four tickers that have achieved my $32.75 a month goal.

PTY, PDI, ARDC, and PFLT.

I do realize PFLT took a cut, but I am not selling as I think with the cut it’s manageable but will keep a close eye on it.

I also want to keep the portfolio about 30-40 percent dividend growth (either ETFs or individual stocks).

I am maxing out my Roth IRA, especially with the non qualified divvies. I can always take out what I put in. Not worried about tax drag because I will have more than enough for retirement, I just want to enjoy fruits of my labor before getting too old.

Currently at $251/ month.

I also stay away from synthetic cc funds (save for btci, I gave neos a pass lol)

Any advice or has anyone done something similar? Any advice or suggestions?

I want to cap BDCs and CC funds to 20% of income generated.

I just learned something new that surprised me, but isn't surprising in retrospect. I thought I'd pass it along to share it with those who might be interested and to spur on some conversation. TLDR: while the companies held by an ETF or mutual fund might pay out X% cash as dividends, and while the the SEC might require the fund to pay out all cash dividends to shareholders on record, fund share issuance in a given quarter owing to fund popularity can significantly dilute the cash paid to existing shareholders.

The quandry I explored: VHYAX and VYM (Vanguard's High Dividend Yield Index) had a disappointing year over year dividend increase of 0.8% despite its largest holding (Broadcom with an 8% weighting) increasing its dividend payout by over 10% in December last year. So why such a meager fund year over year increase in its distribution? The answer turns out to be the popularity of the fund! Q1 fund inflows were somewhere between $3.5-4 billion. This resulted in fresh share issuance, a feature of all open ended funds. With total net assets of about $90 billion, this represents a share dilution of about 4%. In other words, the combined VHYAX/VYM share class issued roughly 4% new shares. During this period the fund was continuously receiving dividends from its existing underlying companies; however, new share purchases would only increase the amount of cash available to pay shareholders if the new purchases were made prior to the ex date. The simple math: if the fund's underlying components increased their payments by 4.8% year over year and the fund increased its share count by 4% in Q1 then the year over year increase in the fund payout would only be 0.8%. Mystery solved.

So what does this mean for us (often maligned) dividend investors? It means that we're not 100% entitled to the cash distributed by the companies held by funds we own. If a fund becomes popular and there is a significant capital inflow then the cash accumulated in a given quarter will also be distributed to new shareholders on record. It can be a problem for a couple of reasons: 1) When relying upon the income stream of the fund the mutual fund share issuance can significantly F*** the quarterly distribution (sucks), and 2) When evaluating a dividend oriented fund it's important to bear in mind that the historic track record of dividend growth may have been suppressed. I think open ended funds are still a great way to gain exposure to a diversified slate of dividend paying companies, but this is one land mine I wan't aware of until now.

I am curious how many of the BDC income investors feel about MAIN pricing pulling back from all time highs to a more reasonable $50.xx range.

I personally feel it represents the best entry point since the pandemic bull run started. There are concerns with rising expenses, missing the recent earnings, but it still enjoys a 1.5x price to nav.

I'm just trying to decide if I should load up in a lump sum or do daily buys to DCA over the next month or so. Unlike some of the other income producing funds or CC ETFs we all like in this sub, BDCs still seem to have a decent buying opportunity while the rest of the market has rushed back over the past few weeks. Interested in your thoughts.