Sunday, March 21, 2021

FEBRUARY 2021 DIVIDEND INCREASES

 Yeah, I'm running late getting this out.   Been a busy month, so I am not sorry... Easter is on its way.



  So let's cut to the chase.   

I gots me some dividend increases in February!   Quite a nice month seeing $109.79 being added to my annual dividend income.  

The whole point of this investment strategy is to see the companies I own in my portfolio increase their payout to their shareholders at a pace that beats inflation.  

currently the US inflation rate for 2021 is at around 2.24%.   Last month, that rate of increase from the companies that announced a div hike averaged 5.52%.   Doubling the inflation rate.  

If I can hold this pattern throughout my whole portfolio, my income will snowball into something real substantial.

Here's the breakdown:


The hike with the biggest impact was T. Rowe Price (TROW) with their 20% increase.  Wow.  Robert Half International (RHI) and Home Depot (HD) were also very welcome.  

March has not been at quite the blazing pace as January or February, but Oracle (ORCL) announced a 33% increase.  So I am really eager to see the final results.

Until then...




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