Dividend Increase #44 of 2021 - UGI Corporation (UGI)

 

 

Wednesday, May 5th the Board of Directors of UGI Corporation (UGI) announced a quarterly dividend increase of from $ 0.33 to $ 0.345 per share that’s payable July 1, 2021 to holders of record June 15, 2021. This represents a 4.55% increase over the last quarterly dividend.

 

“We are pleased to mark the 34th consecutive year of increasing UGI’s dividend,” said John L. Walsh, President and Chief Executive Officer of UGI. “UGI has a strong legacy of growing earnings and cash flow throughout different economic cycles and conditions, and consistently creating value for its shareholders. This consistency demonstrates the resiliency of our businesses and the confidence we have in our future outlook. Over the past five years, UGI’s dividend has a compound annual growth rate of 7.8%, well above our 4% commitment to shareholders.”

Week in Review 17/21

 

 

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 #41 of 2021 - Chevron Corporation (CVX)

 

 

Wednesday, April 28th the Board of Directors of Chevron Corporation (CVX) announced a quarterly dividend increase of from $ 1.29 to $ 1.34 per share that’s payable June 10, 2021 to holders of record May 19, 2021. This represents a 3.88% increase over the last quarterly dividend.

 

This increase puts Chevron on track to make 2021 the 34th consecutive year with an increase in annual dividend payout per share.

 

With current price $ 106.90 (yesterday's close), this raise brings their dividend yield to 5.01%.

Dividend Increase #40 of 2021 - Raytheon Technologies Corporation (RTX)

 

Yesterday, April 26th the Board of Directors of Raytheon Technologies Corporation (RTX) announced a quarterly dividend increase of from $ 0.475 to $ 0.51 per share that’s payable June 17, 2021 to holders of record May 21, 2021. This represents a 7.37% increase over the last quarterly dividend.

 

"The increase in our dividend reflects our long-standing commitment to deliver consistent and growing cash returns to shareowners," said Raytheon Technologies chief executive officer Greg Hayes. "The outlook for our company is positive and we remain on track to return $18 to $20 billion to shareowners in the four years following the merger."

 

RTX, formerly United Technologies Corporation, has paid cash dividends on its common stock every year since 1936.

Week in Review 16/21

 

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 #38 of 2021 - Johnson & Johnson (JNJ)

 

Tuesday, April 20th the Board of Directors of Johnson & Johnson (JNJ) announced a quarterly dividend increase of from $ 1.01 to $ 1.06 per share that’s payable June 8, 2021 to holders of record May 25, 2021. This represents a 4.95% increase over the last quarterly dividend.

 

“Despite a year of unprecedented disruption, Johnson & Johnson remained committed to its established financial principles that strengthen our ability to drive long-term value for stakeholders. In recognition of our notable 2020 results, strong financial position and confidence in the future of Johnson & Johnson, the Board of Directors has voted to increase the quarterly dividend for the 59th consecutive year,” said Alex Gorsky, Chairman and Chief Executive Officer of the company.

 

With current price $ 166.48 (Yesterday's close), this raise brings their dividend yield to 2.55%.

Week in Review 15/21

 

 

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.