Dividend Income - June 2021

 

 

A month has passed again and the first half of the year is over. In June 2021 my portfolio dividend income was as follows:

 

Week in Review 28/21

 

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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 #55 of 2021 - Walgreens Boots Alliance, Inc. (WBA)

 

Wednesday, July 14th the Board of Directors of Walgreens Boots Alliance, Inc. (WBA) announced a quarterly dividend increase of from $ 0.4675 to $ 0.4775 per share that’s payable September 10, 2021 to holders of record August 20, 2021. This represents a 2.14% increase over the last quarterly dividend.

 

Walgreens Boots Alliance and its predecessor company, Walgreen Co., have paid a dividend in 355 straight quarters (more than 88 years) and have raised the dividend for 46 consecutive years.

 

With current price $ 46.25 (yesterday's close), this raise brings their dividend yield to 4.13%.

Dividend Increase #54 of 2021 - Duke Energy Corporation (DUK)

 

Monday, July 12th the Board of Directors of Duke Energy Corporation (DUK) announced a quarterly dividend increase of from $ 0.965 to $ 0.985 per share that’s payable September 16, 2021 to holders of record August 13, 2021. This represents a 2.07% increase over the last quarterly dividend.

 

Duke Energy has paid a cash dividend on its common stock for 95 consecutive years.

 

With current price $ 101.53 (yesterday's close), this raise brings their dividend yield to 3.88%.

Week in Review 27/21

 

 

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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.

Week in Review 26/21

 

 

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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.

Week in Review 25/21

 

 

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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 Income - May 2021

 

The month has passed again, it is already midsummer time and we are slowly starting to go towards autumn, it is time to report my dividend income. In May 2021 my portfolio dividend income was as follows:

 

 

Week in Review 24/21

 

 

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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.

Week in Review 23/21

 

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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 #51 of 2021 - Target Corporation (TGT)

 

Tuesday, June 9th the Board of Directors of Target Corporation (TGT) announced a quarterly dividend increase of from $ 0.68 to $ 0.90 per share that’s payable September 10, 2021 to holders of record August 18, 2021. This represents a 32.35% increase over the last quarterly dividend.

 

Michael Fiddelke, executive vice president and chief financial officer of Target Corporation, said "The dividend increase we're announcing today reflects our ongoing commitment to disciplined capital deployment, with priorities that have remained consistent for decades: We first look to invest fully in our business, in projects that meet our strategic and financial criteria. We then look to support our dividend, and build on our record of increasing the annual dividend, which we've maintained for nearly 50 years. And finally, over time, we look to return any other excess cash through share repurchases, within the limits of our strong, middle-A credit ratings. Given strong operating performance and cash generation, our business is well-positioned to support this robust increase in the dividend, even as we ramp up capital investments in our business and continue to invest in our team."

 

With current price $ 231.66 (yesterday's close), this raise brings their dividend yield to 1.55%.

Recent Buy - Verizon Communications Inc. (VZ)

 

Tuesday, June 8th, I bought 50 shares of Verizon Communications Inc. (VZ) at $ 56.81 per share plus commission. 

 

Verizon Communications Inc. offers communications, technology, information, and entertainment products and services to consumers, businesses, and governmental entities worldwide. Its Consumer segment provides postpaid and prepaid service plans; internet access on notebook computers and tablets; wireless equipment, including smartphones and other handsets; and wireless-enabled internet devices, such as tablets, and other wireless-enabled connected devices, such as smart watches. It also provides residential fixed connectivity solutions, including internet, video, and voice services; and sells network access to mobile virtual network operators. As of December 31, 2020, it had approximately 94 million wireless retail connections, 7 million broadband connections, and 4 million Fios video connections. The company's Business segment provides network connectivity products, including private networking, private cloud connectivity, virtual and software defined networking, and internet access services; and internet protocol-based voice and video services, unified communications and collaboration tools, and customer contact center solutions. This segment also offers a suite of management and data security services; domestic and global voice and data solutions, including voice calling, messaging services, conferencing, contact center solutions, and private line and data access networks; customer premises equipment; installation, maintenance, and site services; and Internet of Things products and services. As of December 31, 2020, it had approximately 27 million wireless retail postpaid connections and 482 thousand broadband connections. The company was formerly known as Bell Atlantic Corporation and changed its name to Verizon Communications Inc. in June 2000. Verizon Communications Inc. was incorporated in 1983 and is headquartered in New York, New York.

Week in Review 22/21

 

 

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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 #50 of 2021 - Flowers Foods, Inc. (FLO)

Thursday, May 27th the Board of Directors of Flowers Foods, Inc. (FLO) announced a quarterly dividend increase of from $ 0.20 to $ 0.21 per share that’s payable June 24, 2021 to holders of record June 10, 2021. This represents a 5% increase over the last quarterly dividend.

 

"The board is confident that the company's leading brands will drive growth in-line with our long-term financial targets," said Ryals McMullian, Flowers Foods president and CEO. "That expected growth and our strong cash flow enables the company to invest strategically and enhance our business while also continuing our long history of rewarding shareholders with a growing dividend."

 

With current price $ 24.55 (yesterday's close), this raise brings their dividend yield to 3.42%.

Week in Review 21/21

 

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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 #49 of 2021 - Unum Group (UNM)

 

 

Thursday, May 27th the Board of Directors of Unum Group (UNM) announced a quarterly dividend increase of from $ 0.285 to $ 0.30 per share.  The new rate of 30.0 cents per common share, or $1.20 per share on an annual basis, will be effective with the dividend expected to be paid in the third quarter of 2021. This represents a 5.26% increase over the last quarterly dividend.

 

With current price $ 30.33 (today's open), this raise brings their dividend yield to 3.96%.

 

Week in Review 20/21

 

 

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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 Income - April 2021

 

 

A month has passed again and it is time to report my dividend income. In April 2021 my portfolio dividend income was as follows:

 

Week in Review 19/21

 

 

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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 #48 of 2021 - Union Pacific Corporation (UNP)

 

Yesterday, May 13th the Board of Directors of Union Pacific Corporation (UNP) announced a quarterly dividend increase of from $ 0.97 to $ 1.07 per share that’s payable June 30, 2021 to holders of record May 28, 2021. This represents a 10.31% increase over the last quarterly dividend.

 

“I am pleased to report our dividend increase,” said Jennifer Hamann, Union Pacific executive vice president and chief financial officer. “This increase is consistent with the financial guidance outlined at our recent Investor Day to target a dividend payout ratio of 45%.”

 

With current price $ 225.18 (yesterday's close), this raise brings their dividend yield to 1.90%.

 

Dividend Increase #46 of 2021 - Algonquin Power & Utilities Corp. (AQN)

 

Thursday, May 6th the Board of Directors of Algonquin Power & Utilities Corp. (AQN) announced a quarterly dividend increase of from $ 0.1551 to $ 0.1706 per share that’s payable July 15, 2021 to holders of record June 30, 2021. This represents a 9.99% increase over the last quarterly dividend.

 

With current price CA$ 18.83 (yesterday's close), this raise brings their dividend yield to 4.38%.

Week in Review 18/21

 

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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 #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

 

 

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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

 

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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

 

 

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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 Income - March 2021

 

 

The first quarter of the year is over and it's time to report my dividend income. In March 2021 my portfolio dividend income was as follows:

 

 

 

Week in Review 14/21

 

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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.

Week in Review 13/21

 

 

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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.

Recent Buy - Air Products and Chemicals, Inc. (APD)

 

Monday, March 29th, I bought 10 shares of Air Products and Chemicals, Inc. (APD) at $ 284.82 per share plus commission.

 

Air Products touches the lives of consumers around the globe in positive ways every day. Focused on serving energy, environment and emerging markets, we provide essential industrial gases, related equipment and applications expertise to customers in dozens of industries, including refining, chemical, metals, electronics, manufacturing, and food and beverage. We are also the global leader in the supply of liquefied natural gas process technology and equipment. Air Products develops, engineers, builds, owns and operates some of the world's largest industrial gas projects, including gasification projects that sustainably convert abundant natural resources into syngas for the production of high-value power, fuels and chemicals.

Looking into the future, Air Products sees significant opportunities in gasification, carbon capture and hydrogen for energy to help solve the world’s urgent sustainability challenges. Gasification enables an environmentally friendly way to use plentiful, lower value feedstocks. We see significant opportunities to capture the concentrated CO2 stream from gasifiers and hydrogen plants. Air Products is a leader in hydrogen fueling systems and infrastructure, and the company sees great potential in the years ahead to extend its leadership.

Air Products and Chemicals, Inc. was founded in 1940 and is headquartered in Allentown, Pennsylvania.

Week in Review 12/21

 

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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.

Week in Review 11/21

 

 

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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 Income - February 2021

 

 

The second month of 2021 is over and it is time to report my dividend income. In February 2021 my portfolio dividend income was as follows:

 

 

 

Dividend Increase #34 & #35 of 2021 - QCOM & WPC

 

 

Wednesday, March 10th the Board of Directors of Qualcomm Incorporated (QCOM) announced a quarterly dividend increase of from $ 0.65 to $ 0.68 per share and will be effective for quarterly dividends payable after March 25, 2021. This represents a 4.62% increase over the last quarterly dividend.

 

Steve Mollenkopf, CEO of Qualcomm Incorporated, said, "We are pleased to announce an increase in our quarterly dividend, reflecting our strong financial performance and continued commitment to returning capital to stockholders."

 

With current price $ 131.64 (yesterday's close), this raise brings their dividend yield to 2.07%.

Week in Review 10/21

 

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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 #33 of 2021 - General Dynamics Corporation (GD)

 

Wednesday, March 3rd the Board of Directors of General Dynamics Corporation (GD) announced a quarterly dividend increase of from $ 1.10 to $ 1.19 per share that’s payable May 7, 2021 to holders of record April 9, 2021. This represents an 8.18% increase over the last quarterly dividend and this is the 24th consecutive annual dividend increase authorized by the General Dynamics board.

 

With current price $ 169.57 (today's open), this raise brings their dividend yield to 2.81%.

Week in Review 9/21

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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 #32 of 2021 - Digital Realty Trust, Inc. (DLR)

 

 

Thursday, February 25th the Board of Directors of Digital Realty Trust, Inc. (DLR) announced a quarterly dividend increase of from $ 1.12 to $ 1.16 per share that’s payable March 31, 2021 to holders of record March 15, 2021. This represents a 3.57% increase over the last quarterly dividend.

 

"Our board of directors has approved a 4% increase in our quarterly common stock cash dividend to $1.16 per share, reflecting confidence in the underlying strength of our business as well as the strength of the recurring cash flows that support a steadily growing and well covered dividend, while retaining capital to fund future growth opportunities," commented Andrew P. Power, Chief Financial Officer.  "This marks the 16th consecutive year we have grown our dividend, and we are pleased to be among a select group of REITs to have raised the dividend each and every year since our initial public offering in 2004."

 

With current price $ 129.00 (today's open), this raise brings their dividend yield to 3.60%.

Dividend Increase #29 & #30 of 2021 - HD & ETN

 

Tuesday, February 23rd the Board of Directors of The Home Depot, Inc. (HD) announced a quarterly dividend increase of from $ 1.50 to $ 1.65 per share that’s payable March 25, 2021 to holders of record March 11, 2021. This represents a 10% increase over the last quarterly dividend.

 

This is the 136th consecutive quarter the Company has paid a cash dividend.

 

With current price $ 261.68 (today's open), this raise brings their dividend yield to 2.52%.

Week in Review 8/21

 

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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 #27 & #28 of 2021 - TRP & MGA

 

Thursday, February 18th the Board of Directors of TC Energy Corporation (TRP) announced a quarterly dividend increase of from CA$ 0.81 to CA$ 0.87 per share that’s payable April 30, 2021 to holders of record March 30, 2021. This represents a 7.41% increase over the last quarterly dividend.

 

With current price CA$ 56.16 (yesterday's close), this raise brings their dividend yield to 6.20%.

Dividend Increase #25 & #26 of 2021 - KO & NTR

 

Thursday, February 18th the Board of Directors of The Coca-Cola Company (KO) announced a quarterly dividend increase of from $ 0.41 to $ 0.42 per share that’s payable April 1, 2021 to holders of record March 15, 2021. This represents a 2.44% increase over the last quarter dividend. This was the company’s 59th consecutive annual dividend increase.

 

The company returned $7 billion in dividends to shareowners in 2020, bringing the total amount given back to shareowners through dividends since Jan. 1, 2010, to $61.9 billion.

 

With current price $ 50.63 (yesterday's close), this raise brings their dividend yield to 3.32%.

 

Week in Review 7/21

 

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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 Income - January 2021

 

The first month of 2021 is over and it is time to report my dividend income. In January 2021 my portfolio dividend income was as follows:

 

 

 

Dividend Increase #22 & #23 of 2021 - UPS & PEP

 

Wednesday, February 10th the Board of Directors of United Parcel Service Inc. (UPS) announced a quarterly dividend increase of from $ 1.01 to $ 1.02 per share that’s payable March 10, 2021 to holders of record February 22, 2021. This represents a 0.99% increase over the last quarterly dividend.

 

Commitment to the dividend is one of UPS’s core principles and a hallmark of the company’s financial strength. UPS has either maintained or increased its dividend each year since going public in 1999.

 

With current price $ 163.39 (Friday's close), this raise brings their dividend yield to 2.50%.

Week in Review 6/21

 

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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 #20 & #21 of 2021 - TROW & CSCO

 

Tuesday, February 9th the Board of Directors of T. Rowe Price Group, Inc. (TROW) announced a quarterly dividend increase of from $ 0.9 to $ 1.08 per share that’s payable March 30, 2021 to holders of record March 16, 2021. This represents a 20% increase over the last quarterly dividend.

 

This will mark the 35th consecutive year since the firm's initial public offering that the company will have increased its regular annual dividend.

 

With current price $ 163.20 (yesterday's close), this raise brings their dividend yield to 2.65%.