So the first month of 2018 is almost finished and already I have recieved three (!) dividend increases:
Intel (INTC) declares $0.30/share quarterly dividend, 10.1% increase from prior dividend of $0.27. Forward yield 2.65% Payable March 1; for shareholders of record Feb. 7; ex-div Feb. 6.
Which adds additional income of (8 x 4 x 0,03) – 15% = $0,816
Omega Healthcare Investors (OHI) declares $0.66/share quarterly dividend, 1.5% increase from prior dividend of $0.65. Forward yield 10.11% Payable Feb. 15; for shareholders of record Jan. 31; ex-div Jan. 30.
Which adds additional income of (13 x 4 x 0,01) – 15% = $0,442
Realty Income (O) declares $0.219/share monthly dividend, 3.1% increase from prior dividend of $0.2125. Forward yield 4.96% Payable Feb. 15; for shareholders of record Feb. 1; ex-div Jan. 31.
Which adds additional income of (10 x 11 x 0,0065) – 15% = $0,60775
Which brings my new forward income to $210,67 + $1,86575 = $212,54 without lifting a finger! Loving this DGI journey!
(Updated 28/12/2017 to include the HRL increase, totally forgot about that one! :))
So one of the last posts this year (only one more coming!) and its the second of its kind: Dividend increases! So that means that I’m getting more money from my existing positions by doing absolutely nothing. It’s like Christmas but whole year round!
Pfizer (PFE) declares $0.34/share quarterly dividend, 6.3% increase from prior dividend of $0.32. Forward yield 3.66% Payable March 1; for shareholders of record Feb. 2; ex-div Feb. 1. Aditionally, the board also authorized a new $10B share repurchase program to be utilized over time. This new program is in addition to the $6.4B remaining under the company’s current authorization.
Since I hold 9 shares this means: ($0,02 x 4 x 9) – 15% = $0,612 additional income.
AT&T (T) declares $0.50/share quarterly dividend, 2% increase from prior dividend of $0.49. Forward yield 5.24% Payable Feb. 1; for shareholders of record Jan. 10; ex-div Jan. 9.
Since I hold 21 shares this means: ($0,01 x 4 x 21) – 15% = $0,714 additional income.
Realty Income Corporation (O) declares $0.2125/share monthly dividend, 0.2% increase from prior dividend of $0.212. Forward yield 4.57% Payable Jan 12; for shareholders of record Jan 2; ex-div Jan 29.
Since I hold 5 shares this means: ($0,0005 x 12 x 5) – 15% = $0,0255 additional income.
Hormel Foods (HRL), the annual dividend on the common stock of the corporation was raised to $0.75 per share from $0.68 per share (10,29%). The Board of Directors authorized the first quarterly dividend of eighteen and three fourths cents (18.75¢) a share to be paid on Feb. 15, 2018, to stockholders of record at the close of business on Jan. 15, 2018.
Since I hold 10 shares this means: ($0,07 x 10) – 15% = $0,595 additional income.
To sum up, these three dividend increases add a total of $1,95 to my forward income, bringing me towards a new total of ($208,74 + $1,35): $210,67! That is just awesome!
This is my first post regarding dividend increases of stocks I own. Its almost magical to realise that I did not have to do ANYTHING to receive extra money. Man I love this DGI stuff.
So for me (somewhat older increase which I had not processed) OHI:
Omega Healthcare Investors (OHI) declares $0.65/share quarterly dividend, 1.6% increase from prior dividend of $0.64. Forward yield 8.27% Payable Nov. 15; for shareholders of record Oct. 31; ex-div Oct. 30.
I hold 13 shares of OHI. So that gives me $0.01 x 4 x 13 = $0.52 extra per year.
And last week VFC also announced their increase:
V.F. Corporation (VFC) declares $0.46/share quarterly dividend, 9.5% increase from prior dividend of $0.42. Forward yield 2.77% Payable Dec. 18; for shareholders of record Dec. 8; ex-div Dec. 7.
I hold 6 shares of VFC. So that gives me $0.04 x 4 x 6 = $0.96 extra per year.
These two increases add $1.48 – 15% (foreign witholding tax) = $1,26 to my total forward income. My new forward income is: $170,93 + $1,26 = $172,19!
I found this source for dividend increases: http://dennismccain.weebly.com/dividend-increases which seems to be pretty accurate. I hope this is also useful for someone else.