Money and Finance
In a post last week I discussed our forecast tax situation for 2015. It's a weird place to be in as I don't expect us to normally be in the 15% tax bracket but there's a big benefit to that: qualified dividends and long term capital gains are taxed at 0%. That's a great position to be in and since then I've been examining my portfolio for potential candidates to take advantage of the long term capital gains being taxed at a lower rate. One position I'm considering selling is Baxter International (BAX).
One of the reasons that Baxter is on my consideration list, heck the biggest reason, is that after spinning of the biotech arm in Baxalta (BXLT) they took the opportunity to decrease the combined dividend payout of the two companies. Prior to the spin-off Baxter was paying $0.52 per share each quarter and now the combined dividends from both companies is equal to $0.185 per share per quarter. That's a 64% decrease. I don't have a hard and fast rule about selling no matter what if there's a dividend cut and figured that Baxter has been a truly excellent company for decades if you look at all of the spin-offs they've completed. I've already disposed of my Baxalta shares so today I wanted to take a closer look at Baxter's future prospects.
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- Semi Recent Buys
I've been a bit lax in announcing my purchases over the last 1-1.5 weeks and haven't had the free time to get a post written up. Well, that changes today. I recently added to my positions in both Baxter International and Proctor & Gamble....
- Dividend Compass Cup Final - Microsoft V Baxter
We started with 16 companies, and here we are at the Dividend Compass Cup Final. Among the sixteen were some of the all time great dividend payers like Procter & Gamble, McDonald's, Coca Cola, and IBM. But now we are down to two. Its not a surprise...
- Dividend Compass Final Four- Walmart V Baxter
We are down to the second to last match, the second Final Four matchup. In the first match, Microsoft beat out Tim Horton's. Next up, its Walmart versus Baxter. The Dividend Compass Cup rules are straightforward, we run the two quality, wide moat...
- Dividend Compass Cup Match 8- Baxter Vs Novo Nordisk
In the last match, Procter & Gamble beat out Unilever to advance in the Dividend Compass Cup. This match in the healthcare division is between two heavyweights - Baxter and Novo Nordisk. The Dividend Compass Cup rules are straightforward, we run the...
- Recent Buy
I just added 14 shares of BAX for a grand cost of $1001.00 ($71/share+7 trading fee). This adds $29.12 to my forward annual dividend. I am still strengthening the core of my portfolio as this is my one and only health care (until JNJ comes down to earth)....
Money and Finance
Portfolio Management: Considering Closing a Position
In a post last week I discussed our forecast tax situation for 2015. It's a weird place to be in as I don't expect us to normally be in the 15% tax bracket but there's a big benefit to that: qualified dividends and long term capital gains are taxed at 0%. That's a great position to be in and since then I've been examining my portfolio for potential candidates to take advantage of the long term capital gains being taxed at a lower rate. One position I'm considering selling is Baxter International (BAX).
One of the reasons that Baxter is on my consideration list, heck the biggest reason, is that after spinning of the biotech arm in Baxalta (BXLT) they took the opportunity to decrease the combined dividend payout of the two companies. Prior to the spin-off Baxter was paying $0.52 per share each quarter and now the combined dividends from both companies is equal to $0.185 per share per quarter. That's a 64% decrease. I don't have a hard and fast rule about selling no matter what if there's a dividend cut and figured that Baxter has been a truly excellent company for decades if you look at all of the spin-offs they've completed. I've already disposed of my Baxalta shares so today I wanted to take a closer look at Baxter's future prospects.
Read more »
- Semi Recent Buys
I've been a bit lax in announcing my purchases over the last 1-1.5 weeks and haven't had the free time to get a post written up. Well, that changes today. I recently added to my positions in both Baxter International and Proctor & Gamble....
- Dividend Compass Cup Final - Microsoft V Baxter
We started with 16 companies, and here we are at the Dividend Compass Cup Final. Among the sixteen were some of the all time great dividend payers like Procter & Gamble, McDonald's, Coca Cola, and IBM. But now we are down to two. Its not a surprise...
- Dividend Compass Final Four- Walmart V Baxter
We are down to the second to last match, the second Final Four matchup. In the first match, Microsoft beat out Tim Horton's. Next up, its Walmart versus Baxter. The Dividend Compass Cup rules are straightforward, we run the two quality, wide moat...
- Dividend Compass Cup Match 8- Baxter Vs Novo Nordisk
In the last match, Procter & Gamble beat out Unilever to advance in the Dividend Compass Cup. This match in the healthcare division is between two heavyweights - Baxter and Novo Nordisk. The Dividend Compass Cup rules are straightforward, we run the...
- Recent Buy
I just added 14 shares of BAX for a grand cost of $1001.00 ($71/share+7 trading fee). This adds $29.12 to my forward annual dividend. I am still strengthening the core of my portfolio as this is my one and only health care (until JNJ comes down to earth)....