rick, I'm here!

believer, A couple of comments.

Don't fret about having 'too much cash' / feel compelled to buy stuff just to reduce your cash level.. I only wish that I'd had a bit more cash on hand in the 2008/2009 meltdown.. 

Re the 4 stocks you mention, it would not appear that are a primarily dividend focused investor. But do you have a clearly delineated ISP - investment goals, characterization of risk tolerance (and these two should be compatible) and a playbook of strategies/tactics/guidelines to be used to achieve the goals? If not I would highly recommend that you formulate one. Helped me immensely.

My primary goal is to generate a stable/growing stream of income from invested capital and there fore my portfolio comprises 100% dividend paying stocks.

As such I would not touch any of the four stocks that you mention and probably wouldn't touch three of them (Valeant in particular) even if i was seeking primarily capital gains.

To be continued -this new format awful!