3 Dividend Hikes

What can i say they rolled in for a few days one nice one and the other 2 ill take LOL.

Related imageFirst one was PPL  and it was a yawner.

The company demonstrated its continued commitment to dividend growth, announcing that it is increasing its common stock dividend to $0.4125 per share on a quarterly basis. The increased dividend will be payable April 1 to shareowners of record as of March 8, 2019. The increase, PPL’s 17th in 18 years, raises the annualized dividend from $1.64 per share to $1.65 per share. PPL has paid a dividend in every quarter since 1946.

I own 50 shares of PPL this will add $.50 to my dividends. The new year is looking good already one of the best starts I have had and it will only get better as more dividend increases come in. The goal one day is to have my dividends pay all my current and future bills right now most months would be covered on bills but in the future i will have more.

Related image

Walmart Inc. (WMT) said Tuesday it will raise its annual dividend by 2% to $2.12 a share, from $2.08 a share. The first quarterly dividend of the new annual rate will be payable April 1 to shareholders of record on March 15. Based on Friday’s stock closing price of $99.99, the new dividend implies a dividend yield of 2.12%, compared with the implied yields for the SPDR S&P Retail ETF (XRT) of 1.37% and for the Dow Jones Industrial Average (WMT) of 2.09%. The discount retail giant also reported fiscal fourth-quarter results (http://www.marketwatch.com/story/walmart-shares-rise-after- earnings-and-revenue-beats-expectations-2019-02-19) that beat expectations. The stock, which shot up 4.5% in premarket trade, has tacked on 3.3% over the past three months, while the retail ETF has lost 0.4% and the Dow has gained 3.5%

Since i own 20 shares of Walmart this is will add $.80 to my dividends.

 

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The third and final recent increase is PEG and it was nice.

NEWARK, N.J., Feb. 19, 2019 /PRNewswire/ — The Board of Directors of Public Service Enterprise Group PEG, +0.50% today declared a quarterly common stock dividend for the first quarter of 2019 of $0.47 per share payable on March 29, 2019 to shareholders of record on March 8, 2019. This action represents a $0.02 per share, or 4.4% increase in the company’s quarterly common stock dividend and brings the indicative annual dividend rate to $1.88 per share.

I own 422.2 shares of PEG this will add $33.77 to my dividends. The new year is looking good already one of the best starts I have had and it will only get better as more dividend increases come in. The goal one day is to have my dividends pay all my current and future bills right now most months would be covered on bills but in the future i will have more.

So what does this mean for me? It means more money in my pocket or to be used to buy another stock. Who does not like more money.

PEG $33.77

WMT $.80

PPL  $.50

CVX $1.96

O $2.052  2nd raise

T $13.45

O .228

ABBV $7.04

IRM $1.034

2019 total increases $60.83

Have you had any raises lately?

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October Dividend Income Report

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Another month has passed the weather has turned cooler the leaves for the most part in my yard are off the trees. Mr Market has been very volatile, which has given some good buying oppurtunities which you can see here and here. as you can see thats lots of buys in case you had missed the 2 posts. The buying will slow down as i build upp cash positions but will continue to make buys.  Continue reading “October Dividend Income Report”

PPL and MO dividend hikes

Image result for ppl corporation logoYes 2 dividend hikes one was the 22nd that escaped my view but its still a hike and i will take it.

PPL announced that it is increasing its common stock dividend to $0.41 per share on a quarterly basis, raising the annualized dividend about 4 percent from $1.58 per share to $1.64 per share. The increased dividend will be payable April 2 to shareowners of record as of March 9.

This raise gives me .72 Cents a quarter or $2.88 a year Continue reading “PPL and MO dividend hikes”

Stock gifts

Gotta love gifts right? well this one i sure do awhile back my mom started the process to gift me her stocks. 2 of them went through today. total account value of these are $13,547.84 total account value it includes 113 shares of Exxon Mobil and 48 shares of PPL. also included was 2,000.00 in cash.  Its through Morgan Stanley. they have account fees and higher buy and sell fees but  will keep the stocks in there and add money here and there till i get a good amount then make a big purchase and keep doing that.  My plan is that each of my nieces and nephew will take over an account so they will all get a nice chunk of money.  This will add $424.00 dollars a year to my dividends. Forward 12 month dividends sit at $4,535.47. Slowly but surely moving up. I have one more gift stock left it is through a different service so once i get online access i will update. 

Have you had any gifts?

Disclaimer: Long all stocks mentioned