Bruce Miller
Retirement Income Investing Selection Factor 7: IRS Form 1099DIV Data
After explaining the core ideas and methods behind the previous six retirement income selection factors, I will complete the list by discussing the last selection factor, IRS Form 1099DIV Data The usefulness of the 1099DIV in security selection primarily relates to real estate investment trusts (REITs), mutual funds and Business Development Company (BDC) dividends. The […]
Interpreting Return on Invested Capital Information for Retirement Income Investors
I provided a brief definition of Return on Invested Capital and explained my preferred method of calculating the ratio in my previous article. After that, I explained my method of creating data tables that I use to evaluate whether the equity will be able to continue paying a dividend distribution in the future. I created […]
Retirement Income Equity Selection Factor 6: Return on Invested Capital
Over the past two articles, I digressed from the discussing selection factors to discuss in more detail the Cash Flow Statement and the dividend-to-Net Operating Cash Flow. However, I will revert now to discussing additional retirement income investment equity selection factors. In this article, I will go lay out the basics of the Return on […]
Payout Ratio for Retirement Income Investors
In my previous article on retirement income investing, I explained the basics of the three sections of the Statement of Cash Flows that relate to the main cash flow activities, operations, investing and financing. In this article, I will describe how to find the information from the statement and calculate payout ratios, which will help […]
Statement of Cash Flows for Retirement Income Investors
In my previous article, I briefly described the three main financial statements — the Statement of Earnings, the Statement of Financial Position and the Statement of Cash Flows — that income investors should understand as information sources for selecting retirement income equities. While companies must file all three statements regularly, the first two statements provide […]
Retirement Income Equity Selection Factor 5: Dividend Coverage
By: Bruce Miller, CFP® Some prospective retirement income investors may want to stop and use the four selection factors — Dividend Yield, Dividend History, Dividend Growth Rate and the Nature of the Business — described in my previous articles as prima-facie evidence that a company will or will not likely sustain and grow its future […]