Altucher on USA Mobility

James Altucher writes about "Top Dividend Stocks You've Never Heard Of" in TheStreet.com. One of the stocks he names is USA Mobility (USMO/NASDAQ), which has a 13.3% yield:

True, these payments are often couched as "one-time dividends" by the company because it does not want to be obligated to make future payments. But that said, it has been pretty consistent about those payments. USA Mobility provides one-way and two-way wireless messaging services to the health care, government and emergency-response industry, an industry that Wall Street perceives as a dying one. However, the company keeps spinning off massive cash and has proved a healthy investment.

As of the end of the first quarter of 2007, my USA Mobility position was very slightly underwater. But I have hopes that it will prove to be a good performer when all is said and done.

Comments

[Moon]

John, do you have a page where you tabulate the dividend yield (either current or on original money) for each of your current holdings?

[offthebeatenpathinvestmentsforum]

John -- have been reading your blog for a few months, even though I have not bought any of the names you discuss but I enjoy reading the analysis.

I recently created my own blog and have posted detailed analysis of a few stocks….you can find it here http://offthebeatenpathinvestments.blogspot.com/ …… just and fyi, the names I look at tend to be smaller than the ones you discuss ....this leads me to a question .... you seem to have a good understanding of what works and what doesn't, why as an individual investor are you looking at such big names?, it seems like you are giving up one of the two or three competitive advantages we have as individual investors with small pools of capital ....thanks

[John]

Moon: No, I don't. I imagine yields run the gamut -- some stocks have big ones and others none at all. You can check Bloomberg, WSJ.com, FT.com and others to get a stock's current yield.

[John]

offthebeaten: It's bad form to so openly promote one's blog on another blog's comment section, or that's always been my impression. But you've asked a question and I'll leave it up.

Market cap by itself isn't something I think too much about, and it just depends on the situation. ArmorGroup certainly qualifies as a micro-cap stock, for example. I think many money managers would say the say about USA Mobility.

Also, I don't write this blog for investors with small pools of capital. Some are, others are portfolio managers. From what I can tell, the readership of the blog runs the gamut. Thanks for reading.