Money and Finance
Quick update today as I sit at the hospital with Luke! But it's one that I love, especially since Luke is doing better than last week.
I love hearing about dividend increases. Like absolutely love them. There's few things that I like more than getting paid extra just for owning quality companies. This morning Johnson & Johnson announced they were increasing the dividend payout from $0.70 to $0.75. That's a very solid 7.1% increase and the current yield is now right around 3.00%. Since I own 50.213 shares of JNJ this will increase my forward 12-month dividends by $10.04. I don't own nearly enough shares of JNJ and will be looking to add some more shares to my portfolio because I really want to increase my exposure to the health care industry.
The best part about the increase is that I didn't have to do one bit of research and development, or sales, or marketing. All I had to do was have the foresight to invest some of my savings in an excellent company. That's dividend growth investing at work!
Since I own 50.213 shares of JNJ this will increase my forward 12-month dividends by $10.04. Since my portfolio's yield is 2.97% that's like I just invested another $338 in capital. But I didn't have to because one of the companies I own decided to pay me more. That's how you can eventually reach the crossover point where your dividends received exceed your expenses.
Johnson & Johnson was my third holding to announce a dividend increase this month and I expect at least another three and possibly five to announce increases. Two of my holdings have given multiple smaller increases throughout the year but since they are in the oil and gas industry increases might be delayed.
My FI Portfolio's forward 12-month dividends are now at $5,595.64 and including my Loyal3 Portfolio's dividends of $55.48 brings my total forward dividends to $5,651.12.
- Johnson & Johnson: Quality At A Reasonable Price
I mentioned in my annual dividend growth checkup that I was underweight the health care industry and was looking to increase my exposure there. I recently added shares of one health care giant, Becton, Dickinson & Company (NYSE:BDX) (Full...
- Dividend Growth Investing At Work - 2 More Increases
Something I love about dividend growth investing is that each month I get to hear about companies I own deciding to pay me more money in dividends. Just for owning a small portion of the companies. Not going and doing R&D for new products...
- Harris Corporation (hrs) Increases The Dividend
This morning Harris Corporation (HRS) announced an increase in the quarterly dividend. The payment increased from $0.42 to $0.47 or 11.9%. The new dividend rate is payable on September 23rd to shareholders of record as of September 9th. This...
- April Dividend Update
It's time for my April dividend update! My April dividend total was $279.04 which is up 16.8% from the $238.88 that I made last quarter in January. This is also the largest dividend total I've ever had! In comparison, last years April total was...
- March Dividend Update
It's time for my March dividend update! My March dividend total was $252.03 which is up 18.3% from the $213.07 that I made last quarter in December. In comparison, last years March total was $173.79 which means my dividend's for the month have...
Money and Finance
Dividend Growth Investing at Work: Johnson & Johnson (JNJ) Gives Owners a 7.1% Increase
Quick update today as I sit at the hospital with Luke! But it's one that I love, especially since Luke is doing better than last week.
I love hearing about dividend increases. Like absolutely love them. There's few things that I like more than getting paid extra just for owning quality companies. This morning Johnson & Johnson announced they were increasing the dividend payout from $0.70 to $0.75. That's a very solid 7.1% increase and the current yield is now right around 3.00%. Since I own 50.213 shares of JNJ this will increase my forward 12-month dividends by $10.04. I don't own nearly enough shares of JNJ and will be looking to add some more shares to my portfolio because I really want to increase my exposure to the health care industry.
The best part about the increase is that I didn't have to do one bit of research and development, or sales, or marketing. All I had to do was have the foresight to invest some of my savings in an excellent company. That's dividend growth investing at work!
Since I own 50.213 shares of JNJ this will increase my forward 12-month dividends by $10.04. Since my portfolio's yield is 2.97% that's like I just invested another $338 in capital. But I didn't have to because one of the companies I own decided to pay me more. That's how you can eventually reach the crossover point where your dividends received exceed your expenses.
Johnson & Johnson was my third holding to announce a dividend increase this month and I expect at least another three and possibly five to announce increases. Two of my holdings have given multiple smaller increases throughout the year but since they are in the oil and gas industry increases might be delayed.
My FI Portfolio's forward 12-month dividends are now at $5,595.64 and including my Loyal3 Portfolio's dividends of $55.48 brings my total forward dividends to $5,651.12.
- Johnson & Johnson: Quality At A Reasonable Price
I mentioned in my annual dividend growth checkup that I was underweight the health care industry and was looking to increase my exposure there. I recently added shares of one health care giant, Becton, Dickinson & Company (NYSE:BDX) (Full...
- Dividend Growth Investing At Work - 2 More Increases
Something I love about dividend growth investing is that each month I get to hear about companies I own deciding to pay me more money in dividends. Just for owning a small portion of the companies. Not going and doing R&D for new products...
- Harris Corporation (hrs) Increases The Dividend
This morning Harris Corporation (HRS) announced an increase in the quarterly dividend. The payment increased from $0.42 to $0.47 or 11.9%. The new dividend rate is payable on September 23rd to shareholders of record as of September 9th. This...
- April Dividend Update
It's time for my April dividend update! My April dividend total was $279.04 which is up 16.8% from the $238.88 that I made last quarter in January. This is also the largest dividend total I've ever had! In comparison, last years April total was...
- March Dividend Update
It's time for my March dividend update! My March dividend total was $252.03 which is up 18.3% from the $213.07 that I made last quarter in December. In comparison, last years March total was $173.79 which means my dividend's for the month have...