Monday, February 3, 2020

JANUARY 2020 DIVIDEND INCREASES


January came and went faster than I ever thought possible.   I think I only posted 5 posts all month, much below my expectations.   But I did have a busy month.

I began selling my horde of records to gain room.  Maybe to only get more records in the future..
Part of that resulted in re-organizing my stereo setup, which gave e the room to place some cassettes near my badass Marantz cassette deck from 1976.



Meanwhile, I earned a few dividend increases.  I was hoping for more of a bump, but I will never complain.  The next few months will have a higher quantity of increases.

My big gainer was Air Products & Chemicals (APD) with a 15% increase in their dividend from $1.16 to $1.34  par share.  I now earn 6.6% annually in comparison to the 2.29% it earns at this time.
Increases in the dividend will increase the percentage of return of my original investment.  That really beats inflation!

Overall, I gained $40.32 to my annual dividend income, a raise of 4.98% for these 7 companies.

That beats inflation.  And that is the bottom line and exactly why I am doing this.

Here it is:

TICKER
OLD DIV
NEW DIV
% Gain
old annual
new annual
INCREASE
Yield 
Yield on Purchase
Date
KMB $1.0300 $1.0700 3.9% $152.44 $158.36 $5.92 2.96% 3.92% 1/23/20
APD $1.1600 $1.3400 15.5% $41.76 $48.24 $6.48 2.29% 6.61% 1/23/20
IMTC $0.3200 $0.3300 4.8% $108.80 $112.20 $3.40 2.1% 2.77% 1/23/20
WTFC $0.2500 $0.2800 12% $6.00 $6.72 $0.72 1.75% 1.62% 1/26/20
CVX $1.1900 $1.2900 8.4% $180.88 $196.08 $15.20 4.64% 4.82% 1/29/20
ADM $0.3500 $0.3600 2.9% $119.00 $122.40 $3.40 3.28% 3.03% 1/30/20
LVS $0.7700 $0.7900 2.6% $200.20 $205.40 $5.20 4.96% 5.19% 1.30














$809.08 $849.40 $40.32





Next month I am hoping for some more, and some larger, increases.

Cheers!










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