Dividend Increase – The Coca-Cola Company (KO)

Yesterday, February 20, the Board of Directors of The Coca-Cola Company announced a quarterly dividend increase from $ 0.40 to $ 0.41 per share that’s payable April 1, 2020 to holders of record March 16, 2020. This represents a 2.50% increase to the last quarterly dividend.

The company returned $6.8 billion in dividends to shareowners in 2019, bringing the total amount given back to shareowners through dividends since Jan. 1, 2010, to $54.9 billion.

This represents the Company’s 58th consecutive annual dividend per share increase.

With current price $ 59.72 (yesterday's close), this raise brings their dividend yield to 2.75 %.

Recent Buy - United Parcel Service, Inc. (UPS)

Yesterday, February 18, I bought 15 shares of United Parcel Service, Inc. at $ 105.94 per share plus commission.

My overall cost basis of this position increases from $ 105.37 to $ 105.68 per share. I totally hold now 45 shares of UPS and my yield on cost is 3.82%.

Dividend Increase – PepsiCo, Inc. (PEP)

Thursday, February 13, the Board of Directors of PepsiCo, Inc. announced a quarterly dividend increase from $ 0.955 to $ 1.0225 per share effective with the dividend expected to be paid in June 2020. This represents a 7.07% increase to the last quarterly dividend.

This represents the Company’s 48th consecutive annual dividend per share increase.

With current price $ 146.99 (Friday's close), this raise brings their dividend yield to 2.78 %.

Week in Review 7/20

Welcome and thanks for reading!

In this review, I will make a summary of important and interesting news and events over the last week related to my portfolio holdings. Also, I will put together some interesting articles from other websites that caught my attention during the past week.

Dividend Increase – United Parcel Service Inc. (UPS)

Thursday, February 13, the Board of Directors of United Parcel Service Inc. announced a quarterly dividend increase from $ 0.96 to $ 1.01 per share that’s payable March 10, 2020 to holders of record February 25, 2020. This represents a 5.21% increase to the last quarterly dividend.

For nearly 50 years, UPS has either increased or maintained its dividend. Since 2000, UPS’s dividend has more than quadrupled.

With current price $ 105.95 (Friday's close), this raise brings their dividend yield to 3.81 %.

Dividend Increase – Cisco Systems, Inc. (CSCO)

Wednesday, February 12, the Board of Directors of Cisco Systems, Inc. announced a quarterly dividend increase from $ 0.35 to $ 0.36 per share that’s payable April 22, 2020 to holders of record April 3, 2020. This represents a 2.86% increase to the last quarterly dividend.

"We executed well this quarter by delivering strong margins and EPS growth while driving more software and subscriptions," said Kelly Kramer, CFO of Cisco. "Our increased dividend shows confidence in the strength of our ongoing cash flows and demonstrates our commitment to shareholder return."

With current price $ 47.32 (yesterday's close), this raise brings their dividend yield to 3.04 %.

Dividend Increase – T. Rowe Price Group, Inc. (TROW)

Yesterday, February 12, the Board of Directors of T. Rowe Price Group, Inc. announced a quarterly dividend increase from $ 0.76 to $ 0.90 per share that’s payable March 30, 2020 to holders of record March 16, 2020. This represents a 18.42% increase to the last quarterly dividend.

This will mark the 34th consecutive year since the firm’s initial public offering that the company will have increased its regular annual dividend.

With current price $ 138.48 (yesterday's close), this raise brings their dividend yield to 2.60 %.