Tuesday, December 16, 2014
First was Boeing raising the dividend 25% from $0.73 to $0.91/share and approving a higher buyback amount of $12B worth next year. Also a bullish outlook with a record baklog helped them raise the dividend above analysts expectations. Below is from a press release:
Boeing Co. said its board authorized the repurchase of $12 billion of the aerospace and defense company's shares over the next two to three years and raised its quarterly dividend by 25%. The company's quarterly dividend will rise to 91 cents, up 18 cents from its previous payout to shareholders of 73 cents a share. The dividend increase results in a yield of roughly 3%. The dividend is payable to stockholders of record as of Feb. 13, 2015.
This morning was 3M raising the dividend 20% from $0.855 to $1.025 per share. 3M also said that they project 12% earnings growth next year. This is from the 3M press release:
The board of directors of 3M (NYSE:MMM) today declared a dividend on the company’s common stock of $1.025 per share for the first quarter of 2015, a 20 percent increase over the quarterly dividend paid in 2014. The dividend is payable Mar. 12, 2015, to shareholders of record at the close of business on Feb. 13, 2015. 3M has paid dividends to its shareholders without interruption for 98 years.
Anyone else a happy shareholder in these names?
Monday, December 8, 2014
Monday, November 3, 2014
Thursday, October 2, 2014
Monday, September 22, 2014
Monday, September 1, 2014
August has ended and it is time to tally up the dividends received for this month. I am anticipating I will likely fall short of my goal this year in total dividends of $2700. This is mainly because my buying has been put on hold for a couple months because of the cost of school and books these days. I hope to be more active with acquiring income producing assets in the near future, but have been kind of stuck lately. I will at least get rid of my car payments altogether in September and own it. That eliminates about $210 a month out of the expense category. The nice thing about this strategy is most of my dividend stocks are being reinvested in additional shares. The portfolio continues to chug along with higher totals and share amounts without me at times. Once it is set up compounding can really take effect and if you are in a position to add more fresh capital you can reach Financial Independence that much faster. I encourage everyone to keep on going down this path. I hope we all get there and achieve our goals.
Wednesday, August 20, 2014
- If everyone knows saving is good and you should not spend more that you make why is America the way it is? I think it comes down to people’s wants being prioritized more than their needs. I get it and think it is great to have nice material possessions, but not at the expense of being a slave to lenders with debt. People are not being taught responsibility as well as they should and seem to want more for less work.
- If you were an old billionaire (say $10 billion) would how would you split up your money between family and other things important to you? That is a tough one I’d probably make sure family is taken care of. I’d likely donate some income to great charitable organizations as well. A lot of it though would still be invested I think because I just find a lot of enjoyment in researching stocks and staying in the game for the long haul. With that amount of money the income it would throw off would be enough to do a lot of things to help in much needed areas.
- Is a house a worth it? I don't see many super frugal people blog about owning one. To most I would say a house is definitely worth it. The value used to go only up for a long time. Lately it has been harder to realize the benefits of it. It takes a lot of work and money to fix things, but in the end especially if you have a family and kids owning a home as opposed to renting a apartment is worth it if you can afford to in my opinion. Condos are not too bad idea if you can get into the market while prices are depressed.
- How much time do you research stocks you invest in? Got me with that question. I am constantly researching stocks and trying to keep up to date with all the news. There are so many companies to monitor and research for prospective and current investment candidates. I would say maybe 50 hrs or so a week on average. I enjoy it though and it’s not like I have a boss forcing me to do it.
Here are a few questions for them: