New guy was already picked, sounds like maybe it was a "forced out" to pursue other endeavors. If it was unexpected, would they have had someone available to start immediately?
Yeah I know, consider it done. He a fool and provides nothing of substance to this board (and probably every other board he spews on).
warty, I have come to realize. AGAIN, you are a flaming idiot. Did you research Mercantile B&T? Probably not. Pretty much certain you have an mbs, master in bull %$it. What do you really invest granny's SS in? Probably porn, magazines and KY. Now, please, disappear. This board used to be so good, spam, well sucks, but idiots? GO AWAY. I give you everything I have lost since I bought RF toward the end of 2015, world is crazy enough, we don't need (or want yer bs)
Oh forgot to mention, and since it is snowing, maybe you want to do a tad of research. Old bank in the Baltimore are I used to own, Mercantile Bank and Trust. Did OK for me until it was acquired by PNC about 10 years ago, and I like the results thus far. Currently only yielding about 2.4%, but has raised the dividend nicely since the banking fiasco back a bit. PE about 11.6. Since I don't need the dividend income yet, re invest about half in that company, the other half wherever I feel is a decent price to pay at the time. Not a huge holding, under 1,000 shares, but still has time to grow. Unfortunately, since I haven't sold any, I haven't made a penny other than the dividends. Oh well, my bad.
OK, I checked. Funny, currently seems I am expecting the same dividends the rest of this month, and February and March. Seems all my stocks will be paying them a couple every month. Figure a couple of increases will be announced by the end of April, so, life is good. And, might add some money into KO, PNC and WFC for chittles and gits. Picked up some VZ after earnings announcement this morning, went up, pays abut 5%. O is overpriced, but I'll take the monthly portion of the annual dividend (only a 4.5% or so yield), and probably use that to add to my position in STAG since it a tad under where I want (but 8% plus yield). Bought some FTR, not expecting big capital appreciation, but will use dividends to add elsewhere (10% plus dividend yield, might be a turnaround candidate, but definitely income). See, with a basket of stocks throwing money at you, share price means nothing, unless you sell. Only stock I have even thought about lightening up on is O, but then thought, why, paying me cash, helping me re invest elsewhere. Oh, and the last 1/3 of my RAD stock, which I got back all my investment times almost 4, looks like it be gone later this year for $9.00 per share (was holding on and thinking turn around was about there, maybe get to $12 and grow, sob). Had a real good time with that $1.18 per share investment.
Dang, why the thumbs down on that comment. They have the biggest % increase to protect themselves from an energy related loan loss, or one of the highest. Think, don't quote me, either they upped it 7% or upped it to 7%. I think DPG has some decent points, I am cautious with RF, not as much with WFC. Plus side RF has hit the 3% yield mark, WFC just under. Think WFC lets one sleep better at night, RF, more risk, potentially me reward. I am just not convinced yet, as I have been burned before. Took a new ROTH position (after an exit last year) late December. Going to hold it there and see what may unfold. Kept what I had in my taxable account since I didn't sell any winners that would have justified selling to offset taxes.
Hmm, set aside whatever you can. Sharebuilder a decent place for a ROTH account, Free limited selection place to invest that I love (KO, AAPL, WMT and PEP among others, HAS, MAT, TGT, but not many with dividend re investment is Loyal3), so $10, no fee gets you started. Good luck, and go for it, skip a starbucks, and invest.
kml was a killer. Never was a big MLP fan. Look into some REITS for yield, I own STAG, O and am watching LTC and HCP. Like VZ and F (F not for price increase but banking the dividends versus re investing them). I still like WFC, but then I I like GE (at a cost under $20 and won't sell). Guess it depends, do you want a share price increase, or an increase in future income? And, if you working on future income, I hope you hold those in a ROTH account, because then, no tax implications.
Personally, even though RF has finally achieved a 3% or so dividend yield, if you going to banking go with the best, WFC, added twice so far this year. Re invest the dividends and sleep better at night. Thinking if RF is still around 3% come the end of the month, might add some, but I am looking for future income. Even though 3% is my baseline, and WFC just under, I would currently go with WFC.
Nope, haven't sold a thing, there fore haven't lost even a penny. You only lose if you follow the herd and sell, me, it's about income to me, compounded. So, if I get $100 in dividends before and had 100 shares before, know what? I still have $100 dividends coming in, and I still have 100 shares. Hence where do you see I have lost a penny, much less a dime?
Look, business loans to energy related companies are one thing. How about the personal loans, maybe mortgages to people that work/worked in the sector? Businesses whose sales were aided by the people working in the industries. Never know a true exposure, just a geographical exposure, AL, MS LA TX maybe others. Will say, don't expect a dividend increase this April as of now, and weak hands may get played out? Merger/buyout at these prices will consolidate the industry again. Me, stick with the big boys. I have added to WFC twice this year.
Well, O has done OK by me in this market, picked up some STAG, AAPL, F and KO. Buying some VZ today ahead of earnings, and if RF can hold a 3% plus dividend yield, might buy some toward the end of the month. Need to get as much retirement contributions in before tax day, and, so far, both taxable account and ROTH accounts aren't down as bad as the S&P, DOW and the NASDAQ. With current buys on dividend yields, future income has increased. If I did nothing, future income would not have changed. Dividend re investments, some every month, some every quarter, well, at lower prices increases my future income. So far, haven't lost a dime, and income has increased. OK, daughters should be fine. Now please, good bye again, maybe this time forever?
Not if you lose your job. Look what has been going on, here in Maryland can't remember gas this low for so long. Stores are still closing in retail, so where are they spending? Where are workers finding jobs? I was just talking energy, the economy, much to the opposite of what Bammy says, can't be doing so well with retail closures, layoff those employee, not thinking life is good right now.
How about the residents of the gulf coast who may work in the oil industry? Alabama, Louisiana and Mississippi? What about LNG, prices aren't holding too well. Then the fracking companies in various states. More exposure to energy than meets the eyes. Enery is not just oil, but also jobs associated with it when it comes to banks.
Some regional banks have some decent amount of energy related loans on the books I figure. RF, I figure has it's share. Low oil prices and maybe even LNG may effect a companies ability to survive this. Then what happens to their loans? Maybe 50 cents on the dollar if a bank is lucky. Think many banks will be adding to their loan reserves, then, less money to work with Me, trying to play it safer by investing every 2 weeks only 75% of funds I allocate to. Sticking with the bigger ones, WFC and AAPL. Been adding to KO and PEP. Also, figure rate increases may be done for a bit, have added to my REIT exposure. This year might not be to fun. Figure might be one of those years where only the strongest survive.
Me, only one I am really looking at and have, may add is WFC. Seems I got more RF too early. Way things are going, even though payout ratio is low with RF, might not see a dividend increase announced in April, or a very small one. Yield has gotten OK, just think better opportunities are around. Still adding to both ROTH and taxable accounts on 2 week intervals, but for every $100 I have to invest, only allocating $75 so I keep some cash on the sidelines.
Thinking the banking market is not betting on more increases this year going forward. Only wish I knew what might work. I nibbling on my oil stock (CVX), took a nice bite of AAPL under $99, and washed it down with some KO (around $42), just because they seemed better bets. Want to grab some WMT, or TGT, leaning more to TGT right now. Really liking WFC, but might go monthly payer O. Only wish it would get below $50.
Oh, now top message ain't spam........................
Picked up some RF at $9.59. Hoping for a dividend increase come April, and with rates maybe rising a few times in 2016, could bode well for the stock. Best wishes to all
A tad late for Christmas wishes, was a whirlwind around here, Mom and Dad up from Carolina, sister, brothers, sister in laws, brother in law and nieces and nephews. Only thing missing was youngest daughter out in Colorado, but she hoping to be in town in January. But wishing you and all a Happy New Year!