Money and Finance
Dividend Increases for My Portfolio
In the time since I started my portfolio I've had several stocks announce dividend increases.
Dividend Increases Company | Old Quarterly Dividend | Newest Quarterly Dividend | % Increase |
Bank of America (BAC) | $0.01 | $0.01 | 0.00% |
Waste Management (WM) | $0.340 | $0.355 | 4.41% |
Wells Fargo (WFC) | $0.12 | $0.22 | 83.33% |
SORL Auto Parts (SORL) | -- | -- | -- |
Pfizer | $0.20 | $0.22 | 10.00% |
EOG Resources (EOG) | $0.16 | $0.17 | 6.25% |
ConocoPhillips (COP)* | $0.66 | $0.66 | 0.00% |
Coca-Cola (KO) | $0.47 | $0.51 | 8.51% |
Procter & Gamble (PG) | $0.525 | $0.562 | 7.05% |
McDonalds (MCD) | $0.61 | $0.70 | 14.75% |
AT&T (T) | $0.43 | $0.44 | 2.33% |
Intel (INTC) | $0.21 | $0.21 | 0.00% |
Alcoa (AA) | $0.03 | $0.03 | 0.00% |
Halliburton (HAL) | $0.09 | $0.09 | 0.00% |
Tower Group (TWGP) | $0.13 | $0.1875 | 44.23% |
JP Morgan Chase (JPM) | $0.25 | $0.30 | 20.00% |
Average of Increases | -- | -- | 20.09% |
Average of All | -- | -- | 13.39% |
This table shows the value of investing in dividend growth companies. Despite 6 of my 16 current holdings between my brokerage and Roth IRA not increasing yet, I have still received an average pay raise of 13.39%. I expect the rest will continue their past of dividend growth but we're just not at their usual increase date yet. I know it's a little skewed this year because of the large increases from 3 of my financial holdings but it is what it is.
*I don't expect a dividend increase prior to the completion of the spinoff. However, management has stated that they will keep the $0.66 quarterly dividend for the Conoco stock and that the Phillips 66 spinoff company will have an initial dividend of $0.20 per quarter with planned annual increases of 5%.
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Dividend Update - May 2012
May was a so-so month but better than April with its 3 payouts. I had a total of 5 payouts across my accounts. My dividend payments will start to increase here over the rest of the year with lots of fresh capital being deployed to dividend growth stocks...
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Dividend Increase
On Monday, Intel (INTC) announced a 7.14% increase in their quarterly dividend to $0.225 starting with the dividend payable in the 3rd quarter of 2012. The previous quarterly rate was $0.21. .nobrtable br { display: none } tr.alt td {background-color:...
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Dividend Increase
On Friday, Procter & Gamble (PG) announced a 7.05% increase in their quarterly dividend to $0.565. The previous quarterly rate was $0.525. .nobrtable br { display: none } tr.alt td {background-color: #ffffff; color: black;} caption {caption-side:bottom;}...
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Dividend Update - March 2012
March was my highest dividend payout month so far. I had a total of 8 stocks payout in my brokerage and 2 in my Roth. I'm reinvesting dividends in all the stocks except for HAL since it already represents 1/3 of my portfolio and is also my source...
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Dividend Update - February 2012 *revised
*Well, I didn't check my brokerage account until today and just noticed that some of the dividends that are usually paid out in March were pushed foward to leap day on February 29th. So I've revised my February dividend update. February ended...
Money and Finance