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:
Sunday, August 3, 2014
We now have 7 months on the books for 2014 and it is time to update my dividend progress for July. We have started to get a correction to end the last two days of July and looking forward to what the markets can bring us here in August. The dividends steadily rolled into the accounts buying me more shares. I have not been buying too much lately so it is mostly the compounding effect powering the totals a little bit higher from my April total. I expect next month to be a similar total and September to be a better month like it is for most of my fellow DGI investors. August I am expecting to receive two dividend from GLAD for some reason they are paying one the 5th and another the 29th instead of the last day of the month of July like it usually has done for many months.
How was you your July? Hope you are doing well in August!
Thanks for reading.
Thursday, July 31, 2014
Monday, July 21, 2014
Tuesday, July 15, 2014
Monday, July 7, 2014
Wednesday, July 2, 2014
How was your June? Are you on pace to hit your goals this year?
Sunday, June 22, 2014
Saturday, June 21, 2014
Saturday, June 14, 2014
I have not been very good at updating my blog often when changes occur. I understand a lot of people I read and follow along with are better than I have been at it. I will attempt to be more transparent and shortly after buying something post an explanation.
Tuesday, June 3, 2014
Friday, May 2, 2014
April was another great month for dividend investors as the payouts kept on coming. The cumulative amounts are rising slow and steady month by month in the account. Eventually before long it will multiply, expand, and buy my way to freedom if I so choose. Not only was it a good month for regular dividends, but the month was filled of several dividend raises. I remain convinced that this investment strategy is one of the best ways to build wealth and by focusing on companies that share their success with you are the way to go. Not only do many of the high quality companies share some of the profits, but they increase it regularly. This makes one feel safe and valued to invest in such fine businesses. My April 2014 dividends are as follows:
Saturday, April 26, 2014
Friday, April 4, 2014
March 2014 is in the books and was another nice month for dividend income. It is nice to see the real numbers hitting the account Progress shows that the plan is working and anyone can do it even with a small work salary. Every little amount helps us become closer to achieving our goals and buys blocks of time towards FI. That way we can pursue and find things that are more important and worthy of our time besides full time work. Some people love their jobs and I think that is great. Others are mistreated and underappreciated for the work they perform and I applaud them for taking the path of investing to get some of their time back.
Sunday, March 2, 2014
Another month has passed and brings another opportunity to report on the progress that my dividend portfolio has been making. It seems time is moving fast on me and with it being a limited commodity I find myself more determined each and every day to grow this income source so I can have the security of knowing I have something to fight with in case of a catastrophe. I am overall happy with this portfolio's income in February and look forward to March which will be a monthly record for me and I hope many of you reading along. Thank you for all the support and following along with the journey.
Saturday, February 22, 2014
Sunday, February 9, 2014
January started off the year with a decent amount of dividend income. I am posting this update rather late, but have been really busy working 40 hours every week and taking a Statistics class and accelerated online MSOffice class. I really do appreciate the support of all the dividend bloggers and the dividend updates they post. Just a few days ago the ARCP and COLE merger closed and my shares were increased in ARCP. Not too happy about another $20 reorganization fee from the brokerage. It is a great way to inspire each other to keep on improving our income. Here is my January dividend update:
Saturday, January 4, 2014
December has passed and wrapped up the year that was 2013! What a great run it was for most investors in equities. It left many high quality dividend stocks priced at high levels. Time to look forward to 2014 and make some goals. My goals will be to continue my strategy of finding quality dividend paying stocks and reinvest the dividends to gain an ever increasing stream of income. When the opportunity arises I may try to chase some options to boost capital to buy more shares of stocks.
My goals for 2014 are to get as many classes I can finish in school and cover the expenses involved without taking on any, or very little debt. I will target a goal of getting to $2,700 in dividends in 2014. Ideally I'd like to double my dividends for as many years as I can, but I have to make the goal achievable and hope to be able to underpromise and overdeliver!