Heinz and Kraft to Merge

Written by MrStockFox. Posted in Dividends

Pretty significant deal, here are the details:

http://finance.yahoo.com/news/9-5b-kraft-heinz-buffett-120526263.html

Warren Buffett said Wednesday that Berkshire Hathaway (NYSE: BRK.A) will have $9.5 billion worth of common stock in the newly merged H.J. Heinz-Kraft Foods (NASDAQ: KRFT) company.

The combination of the food giants-announced just hours before Buffett's " Squawk Box " interview-was in the works for about four weeks, the billionaire investor said: "It moved along quite promptly."

He said he plans to stay invested in The Kraft Heinz Co. "forever," and feels the brands of Kraft and Heinz as enduring. The CEO of Heinz, Bernardo Hees, will run the new company.

Under the terms of the deal, Heinz will return to the public market with a 51 percent ownership of the new company. Current holders of Kraft stock will own 49 percent.

Kraft shareholders will receive stock in the combined company, and a special cash dividend of $16.50 per share, financed by a $10 billion investment from Brazilian private-equity firm 3G Capital and Buffet's Berkshire Hathaway (NYSE: BRK.A).

 

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Centamin PLC Increases Dividend by 64%

Written by MrStockFox. Posted in Trade Ideas

centamin

Today I welcome the latest news from Centamin PLC.  Currently Centamin PLC is my largest dividend payer inside my Dividend Porfolio.  Typically I wouldn't hold such a large position inside a portfolio but this holding also represents a position within my commodities portfolio, which by net worth, remains one of the largest positions I currently hold.  It just so happens that it started paying a dividend last year so I now include the position within my Dividend Portfolio.   

Centamin PLC announced an increase in their dividend to $.0286 cents per share.  This translates into a 64% increase from their prior dividend last October or an annual increase from $337.56 to $554.84.  This will increase my annual income by $217.28 each year.  That is totally awesome!  With this increase my yield on cost will now be 4.2%.

Yesterday I wrote down my 2015 goals and specified that it was going to be very difficult to hit $5000 in future dividends.  This increase by Centamin PLC will go a long way in helping me acheive that goal. 

Highlights

"...the Board of Directors initiated a dividend program during 2014 with a maiden interim dividend of 0.87 US cents per share. The Company is now pleased to propose the final dividend for 2014 of 1.99 US cents per share (approx. US$23 million), for a total full year dividend of 2.86 US cent per share, representing a pay-out level of approximately 30% of our free cash flow as defined by our dividend policy."

"Full year production of 377,261 ounces, a 6% increase on 2013, with Q4 2014 production of 128,115 ounces representing an increase of 37% over Q3 2014 Full year cash cost of production of US$729 per ounce, with Q4 2014 cash costs of US$655 per ounce Stage 4 plant expansion completed with total project expenditure US$331.2 million Process plant throughput exceeded nameplate 10Mtpa capacity in Q4 2014 2015 guidance of 420,000 ounces gold at US$700 per ounce cash cost of production"

"Gold production guidance for 2015 is 420,000 ounces at a cash operating cost of US$700/oz and all-in-sustaining cost ("AISC") of US$950/oz. The northern and eastern walls of the open pit are a focus for 2015 and, as mining progresses through the upper portions of the next stage of pit development, grades are scheduled to progressively increase to the reserve average in the second half of the year, when production is expected to increase to the 450-500,000 ounce per annum rate."

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Free $15 Fandago Gift Card For New Top Cash Back Members

Written by MrStockFox. Posted in Deals

If you’ve never bought through the TopCashBack portal, $15 is yours!

Here is how to take advantage of this great deal:

  1. Sign up for TopCashBack.
  2. Go to this link and click through to Fandango.com.
  3. Visit movie ticket seller Fandango through TopCashback, purchase a $15 gift card and within seven days $15 cashback will have posted in your TopCashback account. Select for it to be emailed to you and shipping's free.
  4. Once the gift card's arrived in your inbox, click back to Fandango through TopCashback again and use the credit towards a ticket to see the highly anticipatedFurious 7 - that opens on April 3 - or any other movie of your choice.

This is for “new members” only, but TopCashBack is reminding people that spouses, etc. can sign up as they don’t limit per household.  Don’t forget you can also earn $10 once your referral earns $10 in cash back.

I like TopCashBack a lot and have earned hunderstand of dollars over the last year in rebates.

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My 2015 Personal and Financial Goals

Written by MrStockFox. Posted in Goals

goals

Better late than never right?  Even though its almost the end of March, I wanted to write down a list of objectives and goals to work towards for the end of 2015.  If you are interested in reading about my prior years goals you can find them here.

Goal 1:  Contribute between $3500 and $4000 a month of my salary to Dividend Growth companies

This would be a continuation of last years goal.  I'm going to leave the dollar amount exactly the same because I was unsuccessful in 2014.  Although I was able to save $39,117 , something in which I am very proud of. It still did not meet my overall goal of saving at least $42,000.  I feel pretty confident that I will meet or exceed this goal this year.  Last month I paid off my car which will give me the ability to save an extra $500 more each month.

Goal 2:  Have $120,000 invested in Dividend Paying Equities

Last year I was too conservative in my estimates for this goal so I decided to really reach for it this year.  At the end of 2014 my dividend portfolio was worth $71,650.  So between my contributions and capital gains the overall portfolio would need to increase by $48,350.  If I add at least $3500 a month that would total $42,000 in new contributions leaving the rest to be made up with increase in prices.

Goal 3:  Have $5000 in future annualized dividends by the end of 2015

With the recent decrease in ESV dividends this next goal is going to be a tough one to hit. I would love to have over $5000 in future dividends by the end of 2015  Currently I am just over $3400.  So with only 9 months left in the year I would have to contribute $45000 at an average dividend yield of 3.5%.  Only using the new funds from my salary wont accomplish this goal.  I will have to use funds from other investments..

Goal 4:  Lose 20 pounds

This is one goal that I have been frustrated with for a very long time.  I am overall pretty healthy person and workout or exercise 3-5 times a week.  My biggest issue with losing weight is that I love food.  I love bread, pizza, ice cream, etc.  I don't take the necessary time to prepare a healthy meal for myself, I snack a lot, and make poor choices.

Goal 5: Spend less time on the computer and phone

Overall I feel that if I spent half as much time on the computer it probably wouldn't change my overall investment philosophy.  At this point I have a pretty good idea of what positions I need to continue building, so spending more time researching companies would only take away time from my family.  I have a feeling of always needing to be connected.  So this year I would like to try and spend more time with the things that are important, my wife and kids.

Goal 6: Cut out the fat!

Although I am already saving quite a large amount, I still feel there is room for improvement.  For instance, I have been a long time subscriber of stockcharts.com, of which, was costing me over $250 a year.  Some would say that is a small price to pay, but there are so many free charting softwares that I decided to give up my membership.  I have decided to make the switch the freestockcharts.com which gives me almost 95% of what I used over at stockcharts.com and is 100% FREE.  
 
So what do you think of my goals?  How do they compare to yours?
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Weekly Purchases - 3/21/15

Written by MrStockFox. Posted in Weekly Update

grave

Photograph(above):

To add some variety to the website, I am providing images from some of the amazing trips I have experienced over the years.  The following photograph was taken in downtown Buenos Aires, Argentina on my travels towards Antartica in 2011.

Highlights:

This week I decided to take a little speculation in my loyal3 account.  I may later regret this decision but you live and learn.  I have sold off approx 1/3 of my loyal 3 account to invest in the new GoDaddy IPO.  I did this for several reasons:

  1. I am currently low on cash so I needed to sell something in order to take part in the IPO.  I decided to put $4000 into the IPO.
  2. I see little reason to continue investing at loyal3.com now that they stopped accepting credit cards.  Yes they have free trades, but I continue to have 800 free trades a year through my Wells Fargo accounts.  This is more than enough.  
  3. Ultimately I would like to move the approximately $6600 that I currently have invested over to Wells Fargo.  In this situation I am not worried about losing out on the capital gains tax because I am still working through a capital loss I received several years ago.

I have zero interest in holding GoDaddy for the longer term but I figure I can make a quick 15 percent or more on opening day.  My intention is to sell GoDaddy and then move the funds back to my Wells Fargo account where I plan to reinvest the funds in many of the stocks I just sold.

I Bought:

My purchases increased my annual income by $127.76 this week.

  • $900 of AT&T (T) - This will increase my annual dividends by $49.68
  • $100 of Chevron Corp (CVX) - This will increase my annual dividends by $4.28
  • $300 of Bank of Nova Scotia (BNS) - This will increase my annual dividends by $13.08
  • $1600 of National OilWell Varco (NOV) - This will increase my annual dividends by $60.72

I Sold:

If you wish to view all my completed trades, you can find them located here.

Symbol Open Date Close Date Days Held Quantity Purchase Price Sale Price Current Price Cost Basis Net Proceeds $ Gain / (Loss) % Gain / (Loss) Dividends Received Net Gain / (Loss) Net % Gain / (Loss)
IVPAF 1/26/2015 3/17/2015 51 2000 $0.58 $0.79 $0.76 $1,158.95 $1,571.02 $412.07 35.56%   $412.07 35.56%
DPS 10/22/2014 3/19/2015 147 0.1533 $65.23 $76.06 $77.03 $10.00 $11.66 $1.66 16.60% $0.06 $1.72 17.20%
DIS 9/18/2014 3/19/2015 181 0.7771 $89.65 $107.31 $108.43 $69.67 $83.39 $13.72 19.69% $0.26 $13.98 20.07%
TGT 1/10/2014 3/19/2015 429 15 $58.32 $80.54 $81.31 $874.73 $1,208.10 $333.37 38.11% $30.99 $364.36 41.65%
SBUX 1/29/2014 3/19/2015 410 1.2522 $72.69 $98.79 $97.46 $91.02 $123.70 $32.68 35.90% $1.10 $33.78 37.11%
HAS 5/23/2014 3/19/2015 296 2.3735 $52.64 $60.85 $61.08 $124.94 $144.43 $19.49 15.60% $3.06 $22.55 18.05%
HSY 3/25/2014 3/19/2015 354 1.374 $97.88 $100.36 $102.09 $134.49 $137.89 $3.40 2.53% $2.76 $6.16 4.58%
GOOGL 9/22/2014 3/20/2015 178 0.2302 $548.87 $566.29 $564.95 $126.35 $130.36 $4.01 3.17%   $4.01 3.17%
K 7/16/2014 3/20/2015 244 1.9844 $62.54 $63.73 $64.08 $124.11 $126.47 $2.36 1.90% $2.71 $5.07 4.09%

What did you buy and or sell this week?   

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(Today Only) $20 FREE at TopCashBack for any Gift Card Purchase at Raise (New Members)

Written by MrStockFox. Posted in Deals

If my wife and I weren't already members, we would totally be taking advantage of this offer.  Raise.com is like the ebay of giftcards but already discounted at 10-20% off.  I have used them many times and have always received what I paid for.

If you’ve never bought through the TopCashBack portal, $20 is yours but this deal is only for today!

Here is how to take advantage of this great deal:

  1. Sign up for TopCashBack.
  2. Go to this link and click through to Raise.com.
  3. Buy any gift card for $1 or more.
  4. You’ll get $20 back in 21 days!

This is for “new members” only, but TopCashBack is reminding people that spouses, etc. can sign up as they don’t limit per household.  Don’t forget you can also earn $10 once your referral earns $10 in cash back.

I like TopCashBack a lot and have earned hunderstand of dollars over the last year in rebates.

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