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The Dividend Investor A practical guide to building a share portfolio designed to maximise income By: Rodney Hobson Format: Print Edition / ePub ISBN: 9780857190963 / 9780857192349 Published: 31 March 2012
 
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  • Rodney Hobson, author of bestseller Shares Made Simple, is back with a brand new book designed to help you build a balanced share portfolio that provides dividend income, whether you're just starting out or ready to retire.

    Dividends - the distribution of part of a company's earnings to shareholders, usually twice a year - can be a valuable income stream for anyone. Designed for longevity but particularly pertinent in times of low interest rates, The Dividend Investor is packed with real-life examples and analysis of how to gain such
    added income through reliable shares with healthy dividends.

    Topics made simple with Hobson's classic style include: ratios, yield, dividend cover, the dividend payout ratio, total return, cash flow, burn rate, gearing or leverage, interest cover, earnings per share and the price/earnings ratio. Plus the advantages and disadvantages of shareholder perks.

    If you're looking to make the most from your investments, then this book is for you.
    Rodney Hobson, author of bestseller Shares Made Simple, is back with a brand new book designed to help you build a balanced share portfolio that provides dividend income, whether you're just starting out or ready to retire.

    Dividends - the distribution of part of a company's earnings to shareholders, usually twice a year - can be a valuable income stream for anyone. Designed for longevity but particularly pertinent in times of low interest rates, The Dividend Investor is packed with real-life examples and analysis of how to gain such
    added income through reliable shares with healthy dividends.

    Topics made simple with Hobson's classic style include: ratios, yield, dividend cover, the dividend payout ratio, total return, cash flow, burn rate, gearing or leverage, interest cover, earn...
  • Preface
    Introduction

    PART A - Dividend Basics

    1. Companies and Dividends
    - The purpose of companies - to pay dividends
    - Cash is king
    - Dividends can grow even in hard times
    - Spreading investments without increasing risk
    - How is the size of dividend decided?
    - Different types of dividends
    - Key points

    2. The Dividend Timetable
    - Payment frequency
    - When you get paid
    - Timing ...
    Preface
    Introduction

    PART A - Dividend Basics

    1. Companies and Dividends
    - The purpose of companies - to pay dividends
    - Cash is king
    - Dividends can grow even in hard times
    - Spreading investments without increasing risk
    - How is the size of dividend decided?
    - Different types of dividends
    - Key points

    2. The Dividend Timetable
    - Payment frequency
    - When you get paid
    - Timing your income
    - Key points

    3. Where to Find Information
    - Company news
    - Company websites
    - Full, fast and long-lasting information
    - London Stock Exchange
    - Financial websites
    - Stockbrokers
    - Newspapers
    - Magazines
    - Summary
    - Key points

    4. Results Announcements and Annual Reports
    - Key points

    5. Tax
    - 1. Stamp duty
    - 2. Income tax
    - 3. Capital gains tax
    - ISAs
    - Key points

    6. A Year in the Life of a Dividend Paying Company
    - 2010
    - 2011
    - Key points

    Part B - Dividend Analysis

    7. Profits, Dividends and Cash Flow
    - 1. Profits
    - 2. Dividends
    - 3. Cash flow
    - Key points

    8. Progressive Dividends
    - Checking the history of dividends
    - Key points

    9. Dividend Yield
    - A problem of comparing dividends
    - Calculating the dividend yield
    - Two types of dividend yield
    - Key points

    10. Other Key Ratios
    - 1. Earnings per share
    - 2. Price/earnings ratio
    - 3. Dividend cover
    - 4. Gearing (also referred to as leverage)
    - 5. Interest cover
    - 6. Cash flow
    - 7. Total return
    - Key points

    Part C - Investing Tactics

    11. Picking Sectors
    - Cyclicals v Defensives
    - Dividend data by sector
    - Visibility of earnings
    - Lumpy earnings
    - Insurance
    - Key points

    12. Dividends by Index
    - Indices
    - Observations
    - Key points

    13. Share Buybacks
    - Fashions change
    - Cash is better than debt
    - Ones to avoid
    - Key points

    14. Flotations
    - Where the cash goes to the company
    - Key points

    15. Turning Companies Round
    - Restoring dividends
    - Key points

    16. Rights Issues and Placings
    - Placings
    - Claw backs
    - Key points

    17. Takeovers
    - You must face reality
    - When the bid goes unconditional
    - Key points

    18. Ethical Investing
    - Why 'unethical' shares may be cheap
    - Green companies
    - Key points

    19. Company Perks
    - Wide range of goodies
    - Perks overview
    - To sum up

    20. International Investing
    - 1. UK companies
    - 2. Foreign companies listed here
    - 3. Overseas exchanges
    - Key points

    Part D - Building a Dividend Portfolio

    21. Spotting Buying Opportunities
    - Buying rumours
    - Buying on dips
    - Key points

    22. Building a Portfolio Using Stock Filters
    - Online stock screens
    - Key points

    23. Dogs Might Fly
    - Key points

    24. Income Funds
    - Two types of funds
    - Advantages and disadvantages of funds
    - Where to get information
    - Income or growth?
    - Funds offer variety
    - Key points

    25. When to Sell
    Gloomy trading statements
    Profit warnings
    Stop losses
    Key points

    26. A Dividend Nightmare - BP
    - Why private investors were at an advantage
    - The explosion
    - Why the dividend had to go
    - The dangers of buying back in
    - Why you should fear the worst
    - How one piece of bad news leads to another
    - Key points

    27. Ten Dividend Rules

    Appendix - Dividend Data for FTSE350 Companies
  • Rodney Hobson is an experienced financial journalist who has held senior editorial positions with publications in the UK and Asia and is currently Editor of Ipreo, an international financial services group.

    Among posts he has held are News Editor for the Business section of The Times, Business Editor of the Singapore Monitor, Deputy Business Editor of the Far Eastern Economic Review, Head of News at Citywire and Editor of Shares magazine.

    He has also contributed to the Daily Mail, the Independent and Business Franchise Magazine.

    He is registered as a Representative with the Financial ...
    Rodney Hobson is an experienced financial journalist who has held senior editorial positions with publications in the UK and Asia and is currently Editor of Ipreo, an international financial services group.

    Among posts he has held are News Editor for the Business section of The Times, Business Editor of the Singapore Monitor, Deputy Business Editor of the Far Eastern Economic Review, Head of News at Citywire and Editor of Shares magazine.

    He has also contributed to the Daily Mail, the Independent and Business Franchise Magazine.

    He is registered as a Representative with the Financial Services Authority.

    Rodney is married with one daughter.

    Contact the Author

    If you would like to get in touch with our author to arrange an interview, article, book signing, speaking arrangement, etc., please contact Rebecca in our PR department:

    Tel: +44 (0)1730 233885

    Email: pr@harriman-house.com

    Please note that we do not give out our authors' personal contact details and will discuss your enquiry with them.

 
Media Reviews

Money Observer

There are two major reasons for investing: to produce income now and to store wealth for the future. Shares in companies paying dividends score on both counts; gold, the supposed safe haven, fails...

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Money Observer

Book competition

In The Dividend Investor, Rodney Hobson explains how to build a balanced share portfolio that provides dividend income. To win one of five copies, send your name and address to...

Read more

Benzinga

Rodney Hobson is an experienced financial journalist who has held senior editorial positions with publications as prestigious as the Times and Shares magazine in the UK. He has also contributed to...

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City A.M.

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Tradersdaytrading.com

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