Money and Finance
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 increase is now the 13th consecutive year of increasing the dividend. The new dividend would be a 38.7% payout ratio based off the analyst estimate of $4.86 EPS for FY 2015 which leaves plenty of room for future growth. Even better is that the FCF payout ratio using the new payment is only at 31.9% based on FY 2013's FCF numbers of $5.89 per share. Click here to see the press release.
Since I own 82.506 shares of HRS this increased my annual dividends by $16.50 and increases my YOC to 4.01%. Dividend growth investing in action!!!
My forward 12-month dividends are now $4,983.31 which is 99.67% of the way towards my goal of $5,000 by the end of the year. A couple more dividend increases or another purchase and I'll pass my goal. With 4 full months left in the year I'll smash my original goal and have to set a new one. Great problem to have!
- 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...
- Dividend Growth Investing At Work: Kinder Morgan, Inc. (kmi) Increases The Dividend To $0.48
Quick update today! But it's one that I love. 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. Yesterday, Kinder...
- Dividend Increase - Mcdonald's
Today, McDonald's board of directors announced a 10% increase in the quarterly dividend from $0.70 per share to $0.77 per share. The new rate will be payable December 17th to shareholders of record on December 3rd. This brings the annual...
- Recent Dividend Increases
Dividend investors would be wise to focus not just on a stock's current yield, but also on the long-term growth potential of its dividends. That's because strong businesses that consistently raise their dividend payouts reward shareholders with...
- Recent Dividend Increases
Dividend investors would be wise to focus not just on a stock's current yield, but also on the long-term growth potential of its dividends. That's because strong businesses that consistently raise their dividend payouts reward shareholders with...
Money and Finance
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 increase is now the 13th consecutive year of increasing the dividend. The new dividend would be a 38.7% payout ratio based off the analyst estimate of $4.86 EPS for FY 2015 which leaves plenty of room for future growth. Even better is that the FCF payout ratio using the new payment is only at 31.9% based on FY 2013's FCF numbers of $5.89 per share. Click here to see the press release.
Since I own 82.506 shares of HRS this increased my annual dividends by $16.50 and increases my YOC to 4.01%. Dividend growth investing in action!!!
My forward 12-month dividends are now $4,983.31 which is 99.67% of the way towards my goal of $5,000 by the end of the year. A couple more dividend increases or another purchase and I'll pass my goal. With 4 full months left in the year I'll smash my original goal and have to set a new one. Great problem to have!
- 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...
- Dividend Growth Investing At Work: Kinder Morgan, Inc. (kmi) Increases The Dividend To $0.48
Quick update today! But it's one that I love. 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. Yesterday, Kinder...
- Dividend Increase - Mcdonald's
Today, McDonald's board of directors announced a 10% increase in the quarterly dividend from $0.70 per share to $0.77 per share. The new rate will be payable December 17th to shareholders of record on December 3rd. This brings the annual...
- Recent Dividend Increases
Dividend investors would be wise to focus not just on a stock's current yield, but also on the long-term growth potential of its dividends. That's because strong businesses that consistently raise their dividend payouts reward shareholders with...
- Recent Dividend Increases
Dividend investors would be wise to focus not just on a stock's current yield, but also on the long-term growth potential of its dividends. That's because strong businesses that consistently raise their dividend payouts reward shareholders with...