Dividend raise O and BAC

SAN DIEGO, June 19, 2018 /PRNewswire/ — Realty Income Corporation (Realty Income, NYSE:O), The Monthly Dividend Company^®, today announced its Board of Directors has declared an increase in the company’s common stock monthly cash dividend to $0.22 per share from $0.2195 per share. The dividend is payable on July 13, 2018 to shareholders of record as of July 2, 2018. This is the 97^th dividend increase since Realty Income’s listing on the NYSE in 1994. The ex-dividend date for July’s dividend is June 29, 2018. The new monthly dividend represents an annualized dividend amount of $2.64 per share as compared to the current annualized dividend amount of $2.634 per share.

I have 32 shares of O it dropped because of the anticipated switch from Capital one to Merrill edge but if the price is right i will buy more. In this case every cent counts and it does. this isnt a large raise, but they consistantly raise their dividend throughout the year. This will result in an increase of .192 cents a year nit much but ever raise counts and  over time these raises add up.

CHARLOTTE, N.C.–(BUSINESS WIRE)– Following completion of the Federal Reserve’s 2018 Comprehensive Capital Analysis and Review, Bank of America today announced that the Federal Reserve did not object to the company’s capital plan, which is estimated to return approximately $26 billion to common stockholders over the next four quarters through a quarterly common stock dividend increase and common stock repurchases. That estimate is based upon the company’s current number of outstanding shares and share price.

As part of the capital plan, the company’s Board of Directors plans to increase its quarterly common stock dividend by 25 percent to $0.15 per share, beginning in the third quarter of 2018.

Since i own 228 shares of BAC this will add $6.84 a quarter raise or a $27.36 a year in extra dividends. what is not to like about that? every raise counts whether big or small i love them all as they all add towards the official goal of me being self sufficient.

I am already up over last years $142.23. with a few more raises left this should get close but not over $200.00 a year in raises for this year.

BAC-$27.36

O-$.192   4th raise for this year

Flo – $3.61

AAPL- 32.38

XOM-  $26.4

O- $.192

MO $18.97

PPL $2.88

PEG $32.64

WMT .79

KO $1.27

CVX .32

OHI $5.92

O- $1.08

announced 2017 effective 2018

T $2.028

O-.0825

2018-total raises is $156.11

Have you had any raises lately?