REDWOOD TRUST (RWT)
DIVIDEND $1.00
Redwood Trust, Inc. (Redwood) is a financial institution focused on investing in, financing, and managing residential and commercial real estate loans and securities. The Company is structured as a real estate investment trust (REIT).

KKR Financial Holdings (KFN)A speculation play with a dividend, too? Yup, that’s what KFN offers. This is the debt-management platform for KKR, the giant private-equity firm. After being written off during the credit crisis,KKR is ready for a comeback. Enjoy that near 5% yield in the meantime.

06/04 2010
Dow Jones Industrial Average 10045.79-323.31


Market is down again to day.What do you do when the market is down...you buy

20 shares of for $26.46(AGNC) American Capital Agency DIV($5.60)
20 shares of for $76.28(MMM)3M COMPANY DIV($2.10)

2010 TOTAL DIVIDENDS ARE

$2,665

2009 to 2010
BUYING LIST
(JNK)-$34.84-DIV $4.55

(HYG)$78.36-DIV $8.12

(IYJ)$43.54-DIV $2.73

(PPF)$31.91-DIV $2.83

(PGF)$14.40-DIV $1.46

(MUB)$99.69-DIV $3.66

(ED) $36.37-DIV $2.38

BIGGEST BUY FOR 2010

(BEO)$8.00-DIV $2.20

NEVER FORGET

John Paulson buys 168 million shares of Bank of America
It's not known why Paulson was making the move, or any other details of the purchase. The stake makes him BofA's fourth-largest shareholder. The New York fund manager did not report any BofA stake at the end of March.Paulson also reported new holdings in other national and regional banks, including 35 million shares of Regions Financial RF 4.82

THANK YOU JOHN....I LOVE YOU.

How is your summer going?What I am picking up for the summer
(JNK)-$34.84-DIV $4.55
(HYG)$78.36-DIV $8.12
(IYJ)$43.54-DIV $2.73
(PPF)$31.91-DIV $2.83
(PGF)$14.40-DIV $1.46
(MUB)$99.69-DIV $3.66

How do I know we have hit the bottom in the stock market?I was scanning the magazine rack yesterday when I spotted the ultimate contrarian indicator on a Time magazine cover.

My new list of Dividend yielders is out.
I will be acquiring these stocks below for 2009-2010

iShares iBoxx Investment Grade Corporate Bond Fund --LQD$5.15

Enhanced S&P 500 Covered Call Fund--BEO$2.20

iShares Dow Jones Select Dividend Index--DVY$2.42

Western Asset Premier Bond Fund--WEA$1.13

BlackRock Preferred Income Strategies Fund--PSY$1.38

Claymore Zacks Yield Hog--CVY$1.41

Vanguard REIT--VNQ $3.00

As I find more ideas I will post them to this list.

Im happy to announce The Dividend Machine has made money again.
$1.722.77

CEMEX
CX:NYSE
Dividend/Yield .83

The Group's principal activities are producing, distributing and selling cement, ready-mix concrete, aggregates and clinker and providing services to the construction industry.Bought 50 shares at $10.00 today.

Empire District Electric Company
EDE:NYSE
Dividend/Yield $1.28

Empire District Electric Company. The Group's principal activities are carried out through three business segments: Electric, Gas and Other. The Electric segment generates, purchases, transmits, distributes and sells electricity in parts of Missouri, Kansas, Oklahoma and Arkansas. It also provides water service to three towns in Missouri. It provides electric service at retail to 121 incorporated communities and to various unincorporated areas and at wholesale to four municipally-owned distribution systems. The Gas segment provides natural gas distribution to communities in northwest, north central and west central Missouri..I own shares of EDE

Im enjoying the Macy's Thanksgiving Day Parade.Happy thanksgiving from Manhattan.

I bought 13 shares of general electric today at $15.57Am I the only one buying out hear?

Obama details capital gains, dividend tax plans
8:41 PM, August 14, 2008

Sen. Barack Obama's campaign on Thursday spelled out the details of the Democratic presidential candidate’s tax plan on his website and in an op-ed piece in the Wall Street Journal.

I just wanted to note the basic proposals for capital gains and dividend tax rates here:

Families with incomes below $250,000 would pay current capital gains rates (a maximum tax of 15% on gains on assets held more than one year). Those earning more than $250,000 would face an increase -- a top rate of 20%.

The top dividend tax rate would remain the current 15% for those earning less than $250,000, but would rise to 20% for those earning above that threshold.

For single people, the tax increases above would apply to those earning more than $200,000

Obama Capital Gains Tax Hike Would Hit N.Y. Hard (The New York Sun news artical)
Specifically, Obama wants to raise taxes on income, capital gains, and dividends for families earning more than $250,000 annually.(NRO Financial web page)