Global Investment Strategist to Focus on Income

As Editorial Director for Investing Daily it is my pleasure to introduce you to two valuable additions to the Global Investment Strategist team: Richard Stavros and Bob Frick. Richard will serve as Chief Investment Strategist, while Bob will serve as Managing Editor. Ben Shepherd will continue to cover exciting opportunities and foreign markets as he has for the past two years.

We are making this enhancement to our global stock market coverage in response to overwhelming demand from our readers for higher dividend yields. We understand this demand given interest rates in the United States are near historic lows and bonds are simply not providing enough income for retirees and other investors in need of reliable cash flow. Richard and Bob will be using a rigorous screening tools and analysis to identify only those stocks from the U.S. and other countries that pass all of their tests for safety and high income. They will explain in more detail in your next issue, which will arrive next week.

One more quick note: to bring this service in line with our other global publications, Australian Edge and Canadian Edge, we are changing its name to Global Income Edge to better describe its mission. The name of our weekly publication will also change to “Income Without Borders,” replacing “Passport to Profits,” so please look for it in your inbox.

I think you will be very pleased with these improvements and look forward to hearing thoughts or suggestions you may have regarding them by posting to the Stock Talk feature below this article. Thank you.

Stock Talk

Gunter Geiger

Gunter Geiger

Take the guessing out of your advice keep it simple you will have loyal customers, a buy recommendation is based on the notion that one can make money, if the market price is higher then then the the bid or recommendation the buy does not mean much as it is not explained. 80% of your list is that way, so how good is the list, what tealeaves are you reading that we don’t know. This service has much to learn.

Prof Gunter Geiger

Jim Pearce

Jim Pearce

Richard’s completely quantitative methodology will be explained in detail so there will be complete transparency in how he selects the stocks he is recommending (and those he is not). After you have had a chance to look at it I’d appreciate hearing your thoughts. Thank you.

Will Eick

Will Eick

Your aggressive portfolio lists Marine Harvest ASA (NYSE: MHG) with a yield of a rather astounding 20.48%. However, my Schwab brokerage website lists the annual yield at 7.47%. Please explain, or correct, the discrepancy.

Jim Fink

Jim Fink

Hi Will,

The 7.47 percent yield (gross) is based on the trailing 12-month yield composed of the last four actual quarterly payments ($1.0291).

http://www.marineharvest.com/investor/share-and-bond-info/dividend/

1 NOK = 0.1621 USD

http://www.bloomberg.com/quote/NOKUSD:CUR

The GIE portfolio page pulls its dividend data from Bloomberg, which has a data field called “Indicated Yield” that takes the last quarterly net dividend payment and multiplies it by four to annualize it. In the case of MHG, the last quarterly dividend payment (June 11, 2014 payable date) was $0.831006 per ADR (gross) and $0.701355 (net) after deducting the 15 percent foreign withholding tax and the $0.005 per share ADR issuance fee. Multiplying $0.701355 by four equals $2.80542. Divide $2.80542 by the ADR price of $13.70 at the close on Thursday August 21st equals 20.48 percent.

Richard will make the final decision on how to deal with the discrepancy, but I’m happy to be able to explain it. It was a fun research project!

UPDATE: The dividend yield in the GIE portfolio tables has been changed from future “indicated” yield to trailing “12-month yield.”

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