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.
Thursday, August 24th the Board of Directors of Altria Group, Inc. (MO) announced a quarterly dividend increase of from $0.94 to $0.98 per share that’s payable October 10, 2023 to holders of record September 15, 2023. This represents a 4.26% increase over the last quarterly dividend.
Today’s dividend increase is consistent with our new progressive dividend goal that we established at our 2023 Investor Day that targets mid-single digits dividend per share growth annually. This increase marks the 58th dividend increase in the past 54 years.
With current price $43.40 (yesterday's close), this raise brings their dividend yield to 9.03%.
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.
August, the last month of summer, is already over halfway through and the summer holidays of the Hawk are also over. Anyway, it's time again to report my dividend income for the last month. In July 2023, my dividend income was as follows:
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.
Friday, August 4th the Board of Directors of Illinois Tool Works Inc. (ITW) announced a quarterly dividend increase of from $1.31 to $1.40 per share that’s payable October 12, 2023 to holders of record September 29, 2023. This represents a 6.87% increase over the last quarterly dividend.
The Board also approved a new share repurchase program that authorizes management to purchase up to $5 billion of the Company’s common stock over an open-ended period of time.
With current price $246.90 (yesterday's close), this raise brings their dividend yield to 2.27%.
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.
Wednesday, August 2nd the Board of Directors of Main Street Capital Corporation (MAIN) announced a monthly dividend increase of from $0.23 to $0.235 per share that’s payable October 13, 2023 to holders of record October 6, 2023. This represents a 2.17% increase over the last monthly dividend and and a 6.8% increase from the regular monthly dividends paid in the fourth quarter of 2022.
Since its October 2007 initial public offering, Main Street has periodically increased the amount of its regular monthly dividends paid per share and has never reduced its regular monthly dividend amount per share.
In addition to the regular monthly dividends for the fourth quarter of 2023, the Board of Directors declared a supplemental cash dividend of $0.275 per share payable in September 27, 2022 to holders of record September 20, 2022.
With current price $42.49 (yesterday's close), this raise brings their dividend yield to 6.64%.