Monday, December 16, 2013

Recent Dividend Increases

Boeing raised their dividend today 12/16/13 by 50% from $0.485 to $0.73 per share quarterly.  Additionally approved a $10B stock buyback plan expected over next 2-3 years.  I'm a happy shareholder in BA!

Pfizer raised their quarterly dividend today 12/16/13 by 8.3% to $0.26 from $0.24 per share per share quarterly.  That is their 301st consecutive quarterly dividend.  Not a bad record.

General Electric raised their quarterly dividend 16% from $0.19 per share to $0.22 per share.  Another raise I am happy to receive as a shareowner.

Prospect Capital Corporation continues their fractional dividend raises every month through June 2014.  This company is a BDC that pays monthly dividends of $0.113 a share currently.

Walt Disney Company raised their annual dividend 15% from $0.75 per share to $0.86 per share.  A happy owner in a seperate ESPP account from a few years ago.  I wish I had more shares and at the prices I paid in the past.

AT&T raised their quarterly dividend last Friday 2.2% from $0.45 a share to $0.46 per share.

Mastercard raised the quarterly dividend 83% to $1.10 a share.  Also announced was a 10 for 1 stock split with the quarterly dividend being paid at a rate of $0.11 post split.  Mastercard also approved a buyback of $3.5 Billion worth of Class A common shares.

Archer Daniels Midlan raised their quarterly dividend 26% also today from $0.19 to $0.24 per share.  Citing strong cash flow generation an future earnings power.  They plan on changing the policy of paying out 20-25% of earnings in dividends to targeting 25-30% in the future to more directly let shareholders participate in the success.  ADM also announced the intention to buyback 18 million shares or $725 million at current prices back from shareholders by the end of 2014 to offset dilution.

Sources: Etrade Financial Corporation

Disclosure: Long DIS, PSEC, GE, BA

Wednesday, December 4, 2013

Dividend Update-November 2013

As we enter the final month of the year I am happy to report my November dividend total.  I thank God I am able to work and be in good health and provide these updates.  The markets have been rising throughout most of the year, but the plan remains intact to acquire income producing assets that one day cover all my expenses.  When this happens I can choose whether I want to work more, less, or not at all.  December has started off with a welcome pullback maybe a bit overdue.  Realty Income, BP, TGT, Prospect, ARCP, and WMT are some names I've been watching.  Although I keep an eye on a large list of companies in my portfolio my interests can change based on the value or discounts I can find.  I hope these updates provide inspiration for others to take control of their own portfolios and be responsible for their own actions instead of relying or blaming others when their returns are not met.  I continue to be inspired by my other fellow bloggers I have listed in my Blogs I follow page.