Dividend Increase - Verizon Communications Inc. (VZ)

 

Thursday, September 7th the Board of Verizon Communications Inc. (VZ) announced a quarterly dividend increase of from $ 0.6525 to $0.665 per share that’s payable November 1, 2023 to holders of record October 10, 2023. This represents a 1.92% increase over the last quarterly dividend.

This is the 17th consecutive year Verizon’s Board has approved a quarterly dividend increase.

“Our consistently disciplined approach to driving strong cash flow, operating the business, and serving our customers has once again put the Board in a position to raise the dividend,” said Chairman and CEO Hans Vestberg. “We continue to deliver value to our shareholders as we execute our network-as-a-service strategy.”

With current price $33.81 (yesterday's close), this raise brings their dividend yield to 7.87%.

Week in Review 35/23

 

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.

Week in Review 34/23

 

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 - Altria Group, Inc. (MO)

 

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%.

Week in Review 33/23

 

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 Income - July 2023

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:

Week in Review 32/23

 

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.