Questions about Building Dividend Stock Portfolio

captainspoke
Sensei
Posts: 1574
Joined: Tue Aug 15, 2017 9:44 am

Re: Questions about Building Dividend Stock Portfolio

Post by captainspoke »

It may be using leverage (borrowing to increase effective holdings), or options, or some very active churning (buying in and then out around the ex-div dates). Or all of those things.

That's not a dividend stock portfolio in any sense. Avoid.
User avatar
styxomaniac
Regular
Posts: 61
Joined: Sun Dec 11, 2022 9:15 am

Re: Questions about Building Dividend Stock Portfolio

Post by styxomaniac »

Maybe I’m looking at the wrong tab on the SBI website. All other dividend stock options I see that are NISA compatible are similar to the one I posted above.

SBI Dividend yield ranking: https://site0.sbisec.co.jp/marble/fund/ ... Param8=all
https://site0.sbisec.co.jp/marble/fund/ ... =232315185
https://site0.sbisec.co.jp/marble/fund/ ... =229311148
https://site0.sbisec.co.jp/marble/fund/ ... =24731H15C

Can someone please suggest a good dividend stock fund with SBI for me to consider?
Last edited by styxomaniac on Mon Jan 29, 2024 5:13 am, edited 2 times in total.
User avatar
RetireJapan
Site Admin
Posts: 4741
Joined: Wed Aug 02, 2017 6:57 am
Location: Sendai
Contact:

Re: Questions about Building Dividend Stock Portfolio

Post by RetireJapan »

styxomaniac wrote: Mon Jan 29, 2024 4:34 am Maybe I’m looking at the wrong tab. All other dividend stock options I see that are NISA compatible are similar to the one I posted above.

SBI Dividend yield ranking: https://site0.sbisec.co.jp/marble/fund/ ... Param8=all
https://site0.sbisec.co.jp/marble/fund/ ... =232315185
https://site0.sbisec.co.jp/marble/fund/ ... =229311148
https://site0.sbisec.co.jp/marble/fund/ ... =24731H15C
A normal dividend yield might be in the 2-7% range. Anything in double digits is suspect.
English teacher and writer. RetireJapan founder. Avid reader.

eMaxis Slim Shady 8-)
Tsumitate Wrestler
Veteran
Posts: 633
Joined: Wed Oct 04, 2023 1:06 pm

Re: Questions about Building Dividend Stock Portfolio

Post by Tsumitate Wrestler »

styxomaniac wrote: Mon Jan 29, 2024 4:34 am Maybe I’m looking at the wrong tab on the SBI website. All other dividend stock options I see that are NISA compatible are similar to the one I posted above.

SBI Dividend yield ranking: https://site0.sbisec.co.jp/marble/fund/ ... Param8=all
https://site0.sbisec.co.jp/marble/fund/ ... =232315185
https://site0.sbisec.co.jp/marble/fund/ ... =229311148
https://site0.sbisec.co.jp/marble/fund/ ... =24731H15C

Can someone please suggest a good dividend stock fund with SBI for me to consider?
In your case I would urge your to look at low-cost diversified global funds.

Your instinct to simply pick the highest yield fund without looking at fees , strategy, or holdings suggest you might benefit from a bit more study.
torata
Newbie
Posts: 15
Joined: Sat Jul 01, 2023 8:32 am

Re: Questions about Building Dividend Stock Portfolio

Post by torata »

Tsumitate Wrestler wrote: Mon Jan 29, 2024 5:20 am
styxomaniac wrote: Mon Jan 29, 2024 4:34 am Maybe I’m looking at the wrong tab on the SBI website. All other dividend stock options I see that are NISA compatible are similar to the one I posted above.

SBI Dividend yield ranking: https://site0.sbisec.co.jp/marble/fund/ ... Param8=all
https://site0.sbisec.co.jp/marble/fund/ ... =232315185
https://site0.sbisec.co.jp/marble/fund/ ... =229311148
https://site0.sbisec.co.jp/marble/fund/ ... =24731H15C

Can someone please suggest a good dividend stock fund with SBI for me to consider?
In your case I would urge your to look at low-cost diversified global funds.
Or go for an ETF.
There are some dividend yield/aristocrats to be found on this list
https://www.jpx.co.jp/english/equities/ ... 01-08.html

torata
User avatar
styxomaniac
Regular
Posts: 61
Joined: Sun Dec 11, 2022 9:15 am

Re: Questions about Building Dividend Stock Portfolio

Post by styxomaniac »

Your instinct to simply pick the highest yield fund without looking at fees , strategy, or holdings suggest you might benefit from a bit more study.
I couldn't agree more; that's why I am seeking recommendations for a good dividend stock. I plan to study it and understand why it is considered good. Initially, I was thinking of relying on SBI's Dividend Fund ranking, assuming that if it's popular, it must be good. However, I wasn't all that surprised to discover that the stock ranked second by SBI, with a dividend yield of 24%, is a terrible one... it is just too good to be true.
There are some dividend yield/aristocrats to be found on this list
Ok I'll take a look at the Nomura - U.S. Stock Dividend Aristocrat, thanks!
https://site0.sbisec.co.jp/marble/fund/ ... rch_result
Tsumitate Wrestler
Veteran
Posts: 633
Joined: Wed Oct 04, 2023 1:06 pm

Re: Questions about Building Dividend Stock Portfolio

Post by Tsumitate Wrestler »

styxomaniac wrote: Mon Jan 29, 2024 7:45 am
Your instinct to simply pick the highest yield fund without looking at fees , strategy, or holdings suggest you might benefit from a bit more study.
I couldn't agree more; that's why I am seeking recommendations for a good dividend stock. I plan to study it and understand why it is considered good. Initially, I was thinking of relying on SBI's Dividend Fund ranking, assuming that if it's popular, it must be good. However, I wasn't all that surprised to discover that the stock ranked second by SBI, with a dividend yield of 24%, is a terrible one... it is just too good to be true.
There are some dividend yield/aristocrats to be found on this list
Ok I'll take a look at the Nomura - U.S. Stock Dividend Aristocrat, thanks!
https://site0.sbisec.co.jp/marble/fund/ ... rch_result
I would suggest not pursuing dividend investing unless you can answer why you feel it is a superior strategy to whole-market investing.

I would suggest reading through this, but feel free to ignore bonds as we are in Japan. https://www.bogleheads.org/wiki/Boglehe ... _investors
A basic plan.....
save a lot
buy low cost, widely diversified funds,
allocate funds tax-efficiently,
and stick closely to a plan.
On dividends, a decent primer on why not to give them too much focus.

https://youtu.be/wBjBs0VibaY?feature=shared
User avatar
styxomaniac
Regular
Posts: 61
Joined: Sun Dec 11, 2022 9:15 am

Re: Questions about Building Dividend Stock Portfolio

Post by styxomaniac »

Hello,
l'm hoping someone could help me with this: Is there a significant difference (aside from currency exchange rate) between investing directly in the VYM ETF in USD through SBI and getting a Japanese fund that benchmarks the VYM, like the SBI-SBI V US High Dividend Stock Index Fund? My income is in USD, so I could transfer USD to my brokerage account.
torata
Newbie
Posts: 15
Joined: Sat Jul 01, 2023 8:32 am

Re: Questions about Building Dividend Stock Portfolio

Post by torata »

styxomaniac wrote: Fri Feb 02, 2024 7:52 am Hello,
l'm hoping someone could help me with this: Is there a significant difference (aside from currency exchange rate) between investing directly in the VYM ETF in USD through SBI and getting a Japanese fund that benchmarks the VYM, like the SBI-SBI V US High Dividend Stock Index Fund? My income is in USD, so I could transfer USD to my brokerage account.
For me, there's a lot more psychological pain involved with a direct US ETF investment when I see with my own eyes the 30% being taken off the dividends in combined taxes.

torata
Post Reply