The Dividend Investor
A practical guide to building a share portfolio designed to maximise income
By Rodney Hobson
The Dividend Investor
A practical guide to building a share portfolio designed to maximise income
By Rodney Hobson
Jacket text
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.
About the author
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.
Rodney is the author of financial titles Shares Made Simple, now in its second edition (9780857192356), Small Companies, Big Profits (9781905641789), Understanding Company News (9781906659226), How to Build a Share Portfolio (9780857190215) and The Dividend Investor (9780857190963). He also writes the Detective Inspector Paul Amos Lincolnshire Mystery series of book (Dead Money, and Unlikely Graves).
He is registered as a Representative with the Financial Services Authority.
Rodney is married with one daughter.
Reviews
“Investors of any experience should benefit from reading this book”
Media coverage
From MoneyMaker Magazine:
As the title implies, The Dividend Investor is all about buying shares for the income they generate through the dividends they pay their shareholders, as opposed to investing simply in the hope of returns from rises in share prices. The accent is on buying shares for the longer term rather than looking for quick fixes.… Read more »
From Traders' Magazine:
What this book covers As the title implies, The Dividend Investor is all about buying shares for the income they generate through the dividends they pay their shareholders, as opposed to investing simply in the hope of returns from rises in share prices. The accent is on buying shares for the longer term rather than… Read more »
From Stocks & Commodities :
This work is designed to help build a balanced share portfolio that provides dividend income. Designed for longevity but pertinent in times of low interest rates, this book has real-life examples and analysis of how to gain added income with dividends. Topics include ratios, yield, dividend cover, the dividend payout ratio, total return, cash flow,… Read more »
From Seeking Alpha:
I already read at least 42 books about dividends (I just counted word “dividend” in books title or subtitle) and “The Dividend Investor: A practical guide to building a share portfolio designed to maximise income ” by Rodney Hobson is one of the best. The author provides detail explanation of principle and nuances of dividend… Read more »
From The Shareholder:
Here’s your chance to read up on dividend investing with Rodney Hobson’s latest book, The Dividend Investor. We’ve got five copies to give away on a first-come-first served basis; just email us at shaerholder@share.co.uk and please include your name and customer reference number. If you’d like to buy Rodney’s book, then just visit his website… Read more »
From ShareSoc:
This is an introduction to building a stock market portfolio so as to produce a steady and rising income, by an experienced financial journalist and author. Its topical – whilst dividends are a key part of most investment strategies, their importance may increase if growth becomes harder to find in future. The first part of… Read more »
From Pensions World:
Many private investors would like to build a portfolio of shares that will produce a steady and rising income. Experienced financial journalist Rodney Hobson has packed this book with real life examples and analysis of how to gain such added income through shares with healthy dividends. Topics made simple include ratios, yield, dividend cover, the… Read more »
From Choice Magazine:
Readers will be familiar with the name of Rodney Hobson, author of bestseller Shares Made Simple and occasional contributor to Choice. Rodney’s new book, The Dividend Investor is designed to help readers to build a balanced portfolio of shares that provide dividend income, particularly pertinent for those about to retire, or already retired, looking to… Read more »
From MoneyWeek:
With bond yields at record lows and stock markets performing badly, it?s no surprise that dividends are back in fashion. In his latest book, experienced investment writer Rodney Hobson explains how to go about hunting down reliable dividend shares to boost the income from your portfolio. He starts by explaining some of the basics, such… Read more »
Contents
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
Index
| Published: | 31/03/2012 |
|---|---|
| Edition: | 1st |
| Pages: | 296 |
| Formats: | paperback - ISBN 9780857190963 ebook - ISBN 9780857192349 |
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