Daytona 500 Stocks.

I just discovered the Stock Car Index (SCARX) while surfing for info on NASCAR during the Daytona 500.  The purpose of this mutual fund is to:

The investment seeks growth of capital and current income by investing in the Companies of the StockCar Stocks index. The fund invests in the companies of the StockCar Stocks index. The index consists of 40 companies that support NASCAR's Sprint Cup Series. The companies in the index either sponsor NASCAR Sprint Cup racing teams or races, or they earn money from NASCAR Sprint Cup events.
 
 
Some of the 40 companies that support NASCAR are dividend payers.  Here are the top ten holding of the fund:
 

Top 10 holdings

Security

Net Assets

 

SPDR S&P 500

6.22%

 

Ford Motor Company (F)

5.49%

 

Infineon Technologies AG ADR (IFNNY)

3.44%

 

Stanley Black & Decker (SWK)

2.77%

 

Sony Corporation ADR (SNE)

2.67%

 

Aflac, Inc. (AFL)

2.57%

 

Aaron's, Inc. (AAN)

2.52%

 

O'Reilly Automotive, Inc. (ORLY)

2.46%

 

Caterpillar Inc. (CAT)

2.38%

 

Office Depot, Inc. (ODP)

2.37%

 

 
The largest holding is the S&P500 itself which only yields 1.71%.  The fund must own one of the S&P500 ETFs.
 
Next is Ford Motor company.  Ford (F) is currently yielding zip, zero.
 
In third place is Infineon Technologies (IFNNY).  It does not pay a dividend.
 
In forth place is tool company Stanley Black & Decker (SWK).  Stanley is the first consistent dividend payer in this fund.  I see dividend growth going back to 1986 with this stock.  It is currently yielding about 2.16%.
 
You might not not think of Sony when you think of NASCAR, but Sony (SNE)  is #5 in this mutual funds holdings.  You might also be surprised to learn that it is a dividend payer, albiet a small payer at a yield of 0.78%.
 
Insurer Aflac (AFL) comes in sixth and is the second consistent dividend payer and dividend grower in the top 10 holdings.  Aflac's dividends go back to 1986 on the Google Finance charts.  They yield about 2% on average.
 
Aaron's Inc (AAN) rides in seventh position yielding a misley 0.24%.  But at least they pay a dividend.
 
O'Reilly Automotive Inc. (ORLY) is drafting Aaron's  in eigth place.  It doesn't pay a dividend and never has.
 
Our nineth place company is Caterpillar Inc. (CAT).  Caterpillar is a consistent dividend payer and dividend grower.  Right now it is yielding 1.66%.
 
Rounding out our top ten is Office Deport (ODP).  The Office does not pay a dividend.
 
Not mentioned is AT&T (T), but they have sponsored cars in the past.  AT&T is a consistent high dividend payer.  It yields 6.2%.
 
As I write this during the Daytona 500 commercials there are 40 laps remaining.  Much of the favorites have been taken out in various crashes.
 
I would like to see the aging Mark Martin win his first Daytona 500.
 
Be seeing you!
 
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Published in: on February 20, 2011 at 3:37 pm  Leave a Comment  

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