Money and Finance
Recent Buy
Earlier this afternoon I purchased 45 shares of Aflac (AFL) for a $50.15 each. After commission, my cost basis is $50.33 per share. These shares will provide an extra $63 in annual dividends before reinvestment or future dividend increases. Aflac is a dividend champion with 30 consecutive years of dividend growth with a 10 year dividend growth rate of 19.3% and a 1 year dividend growth rate of 8.9%. Their current payout ratio is a very low 22%.
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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...
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Recent Buy
This morning I picked up 55 shares of Kinder Morgan, Inc. (KMI) at $35.04 per share. Assuming an annual dividend from KMI of $1.40 per share, based on the last quarterly payment of $0.35, my YOC for the position is 3.98%. The 55 shares will provide...
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Recent Buy
This afternoon I purchased 20 shares of Norfolk Southern Corporation (NSC) for $65.14 per share for my Roth IRA. My total cost basis after commission is $1310.75 or $65.54 per share. NSC has increased their dividend twice this year which is a good sign...
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Recent Buy
This morning I purchased another 40 shares of Harris Corp (HRS). I purchased these shares for $46.24 each plus commission. My cost basis ended up being $46.44 which now brings my total cost basis in Harris to $46.84. I was able to purchase the shares...
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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