Dividend Growth Forum

Kellogg (NYSE: K) declares $0.57/share quarterly dividend, 1.8% increase from prior dividend of $0.56.

https://seekingalpha.com/news/3482421-ke...7-dividend

Norfolk Southern declares $0.94 dividend

• Norfolk Southern (NYSE:NSC) declares $0.94/share quarterly dividend, 9% increase from prior dividend of $0.86.
  
• Forward yield 1.99%
  
• Payable Sept. 10; for shareholders of record Aug. 5; ex-div Aug. 2.
  

Mondelēz (NASDAQ: MDLZ) declares $0.285/share quarterly dividend, 9.6% increase from prior dividend of $0.26.

https://seekingalpha.com/news/3483760-mo...5-dividend

Dover (NYSEOV) declares $0.49/share quarterly dividend, 2.1% increase from prior dividend of $0.48.

Forward yield 2.08%

Payable Sept. 16; for shareholders of record Aug. 30; ex-div Aug. 29.

Community Trust Bancorp (NASDAQ:CTBI) declares $0.38/share quarterly dividend, 5.6% increase from prior dividend of $0.36.

Forward yield 3.62%

Payable Oct. 1; for shareholders of record Sept. 15; ex-div Sept. 12.

Amcor (NYSE:AMCR) declares $0.12/share quarterly dividend.

Forward yield 4.8%

Payable Oct. 8; for shareholders of record Sept. 11; ex-div Sept. 10.

For folks who were BMS shareholders, who held through the merger, this turned out to be a substantial dividend hike. My AMCR holding will pay out 91.25% more in annual dividends than my BMS shares used to.

Altria (NYSE: MO) declares $0.84/share quarterly dividend, 5% increase from prior dividend of $0.80.

https://seekingalpha.com/news/3494116-al...4-dividend

Wow. MO yielding nearly 7% gives a 5% raise.

(08-22-2019, 06:39 PM)ChadR Wrote: [ -> ]Wow.  MO yielding nearly 7% gives a 5% raise.

Lol, yeah. I know I'm cherry-picking, but it still makes me laugh: The shares of MO I bought in December 2008 for $14.65 per share (which were yielding 8.74 percent at the time with the $1.28 annual dividend) now are paying $3.36 per share, for a yield on cost of almost 23 percent. I sure wish I had backed up the truck, but I was pretty new to investing in individual stocks at the time and was proceeding cautiously...

(08-23-2019, 01:31 PM)Kerim Wrote: [ -> ]

(08-22-2019, 06:39 PM)ChadR Wrote: [ -> ]Wow.  MO yielding nearly 7% gives a 5% raise.

Lol, yeah. I know I'm cherry-picking, but it still makes me laugh: The shares of MO I bought in December 2008 for $14.65 per share (which were yielding 8.74 percent at the time with the $1.28 annual dividend) now are paying $3.36 per share, for a yield on cost of almost 23 percent. I sure wish I had backed up the truck, but I was pretty new to investing in individual stocks at the time and was proceeding cautiously...

Congrats, that's a fantastic investment.

(08-23-2019, 01:31 PM)Kerim Wrote: [ -> ]

(08-22-2019, 06:39 PM)ChadR Wrote: [ -> ]Wow.  MO yielding nearly 7% gives a 5% raise.

Lol, yeah. I know I'm cherry-picking, but it still makes me laugh: The shares of MO I bought in December 2008 for $14.65 per share (which were yielding 8.74 percent at the time with the $1.28 annual dividend) now are paying $3.36 per share, for a yield on cost of almost 23 percent. I sure wish I had backed up the truck, but I was pretty new to investing in individual stocks at the time and was proceeding cautiously...

Right now I wish I'd never heard of the stock.  Timing affects our perspective lol.  Congrats Kerim.  23% YOC in barely over a decade is just awesome!

(08-23-2019, 10:46 PM)fenders53 Wrote: [ -> ]

(08-23-2019, 01:31 PM)Kerim Wrote: [ -> ]

(08-22-2019, 06:39 PM)ChadR Wrote: [ -> ]Wow.  MO yielding nearly 7% gives a 5% raise.

Lol, yeah. I know I'm cherry-picking, but it still makes me laugh: The shares of MO I bought in December 2008 for $14.65 per share (which were yielding 8.74 percent at the time with the $1.28 annual dividend) now are paying $3.36 per share, for a yield on cost of almost 23 percent. I sure wish I had backed up the truck, but I was pretty new to investing in individual stocks at the time and was proceeding cautiously...

Right now I wish I'd never heard of the stock.  Timing affects our perspective lol.  Congrats Kerim.  23% YOC in barely over a decade is just awesome!

Altria is expecting 5% EPS growth in 2019, which will be the lowest EPS growth since it grew by 6% all the way back in 2009.

Management and analysts continue to forecast ~8% EPS growth going forward.

I'm loving the share price drop. With the 7% yield and this year's 5% dividend increase, I'm seeing my income from MO grow by 12% this year after growing by about 25% last year.