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Philip Morris International Inc. (PM), Ryman Hospitality Properties, Inc. (REIT) (RHP), Annaly Capital Management, Inc. (NLY): The World’s Best Dividend Portfolio

With Verizon’s wireline business continuing to sink, it needs Wireless more than Vodafone Group Plc (ADR) (NASDAQ:VOD) does. I continue to wait on Vodafone Group Plc (ADR) (NASDAQ:VOD) to call Verizon’s bluff. This has been fascinating corporate drama so far. Fellow Fool Evan Niu has more in this article.

Dividends and earnings announcements
Here’s the recent news on earnings and dividends:

Earnings news:

Ryman Hospitality Properties, Inc. (REIT) (NYSE:RHP) reported record first-quarter bookings, and the company expects to achieve the property-level cost synergies of $13 million to $16 million that it had originally envisioned. It’s already declared a $2 annual dividend and bought back $55.7 million of an authorized $100 million in stock. The CEO has reiterated that he will continue buying shares until the company is valued at least at the level of peers, and I like the strong move to buy back 2% of shares so far this year. And recall that the company is returning all its free cash flow to investors as either dividends or buybacks this year. I think this stock could hit $60 per share.

Dividend news:

Southern went ex-dividend on May 2 and pays out $0.5075 per share on June 6.

Exelon goes ex-dividend on May 13 and pays out $0.31 per share on June 10.

Seaspan goes ex-dividend on May 16 and pays out $0.3125 per share on May 30.

Plum Creek goes ex-dividend on May 15 and pays out $0.44 per share on May 31.

All that, of course, means more money coming into our pockets.

It’s fun to sit back and get paid, and with the market volatility, we might have a good chance to reinvest those dividends at good prices. Europe continues to be an absolute mess, and continued bad news will probably have stocks plunging again. If they do, I’ll be inclined to pick more shares up.

Foolish bottom line
I’ve been a fan of big dividends for a while, and I think this portfolio will outperform the market over time through the power of dividends. As I promised in the original article, I’ll continue to track and report on the portfolio’s progress, including news on these companies.

The article The World’s Best Dividend Portfolio originally appeared on and is written by Jim Royal.

Jim Royal, Ph.D., owns shares of the 12 portfolio stocks mentioned in the table. The Motley Fool recommends Brookfield Infrastructure, Exelon, National Grid, Retail Opportunity Investments, Seaspan, Southern, and Vodafone and owns shares of Brookfield Infrastructure, Philip Morris, Retail Opportunity Investments, Ryman Hospitality, and Seaspan.

Copyright © 1995 – 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.

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