Dividend Growth Forum

Wow ABBV just upped there dividend from $1.30 to $1.41. Love it!

(10-29-2021, 06:58 AM)divmenow Wrote: [ -> ]Wow ABBV just upped there dividend from $1.30 to $1.41. Love it!

The full info for those interested.

• AbbVie (NYSE:ABBV) declares $1.41/share quarterly dividend, 8.5% increase from prior dividend of $1.30.
  
  
• Forward yield 5.14%
  
  
• Payable Feb. 15; for shareholders of record Jan. 14; ex-div Jan. 13.
  

They are sure determined to be a high yielding value trap.

Kidding, I am very impressed.

And now it's OXLC's turn!

https://finance.yahoo.com/news/oxford-la...00408.html

Starting in January, the monthly dividend is increasing to $0.075 / share; it is currently $0.0675; an 11% increase.

The stock price is up today as well, and it has moved into 14th place on my largest holdings list.

Simon Property (NYSE:SPG) declares $1.65/share quarterly dividend, 10% increase from prior dividend of $1.50.
Forward yield 4.42%
This is a 26.9% increase Y/Y.
Payable Dec. 31; for shareholders of record Dec. 10; ex-div Dec. 9.

Continental Resources (NYSE:CLR) declares $0.20/share quarterly dividend, 33.3% increase from prior dividend of $0.15.
Forward yield 1.71%
Payable Nov. 26; for shareholders of record Nov. 15; ex-div Nov. 12.

Becton, Dickinson (NYSE:BDX) declares $0.87/share quarterly dividend, 4.8% increase from prior dividend of $0.83.
Forward yield 1.41%
Payable Dec. 31; for shareholders of record Dec. 10; ex-div Dec. 9.
The company has also announced 10M additional share repurchases. This new authorization is in addition to the ~750,000 shares that remain available under the board's previous authorization in 2013.

WOW!!!

EOG Resources (NYSE:EOG) declares $0.75/share quarterly dividend, 81.8% increase from prior dividend of $0.41.
Forward yield 3.3%
Payable Jan. 28; for shareholders of record Jan. 14; ex-div Jan. 13.
The company also declared a special dividend of $2.00 per share, payable on December 30; for stockholders of record December 15.
The board of directors updated share repurchase authorization to $5B (9% of market cap).

(11-04-2021, 03:38 PM)EricL Wrote: [ -> ]WOW!!!

EOG Resources (NYSE:EOG) declares $0.75/share quarterly dividend, 81.8% increase from prior dividend of $0.41.
Forward yield 3.3%
Payable Jan. 28; for shareholders of record Jan. 14; ex-div Jan. 13.
The company also declared a special dividend of $2.00 per share, payable on December 30; for stockholders of record December 15.
The board of directors updated share repurchase authorization to $5B (9% of market cap).

Great news.

Believe it or not the stock is still down from $131 set 5 years ago, so it has more room to run.

(11-04-2021, 03:54 PM)stockguru Wrote: [ -> ]

(11-04-2021, 03:38 PM)EricL Wrote: [ -> ]WOW!!!

EOG Resources (NYSE:EOG) declares $0.75/share quarterly dividend, 81.8% increase from prior dividend of $0.41.
Forward yield 3.3%
Payable Jan. 28; for shareholders of record Jan. 14; ex-div Jan. 13.
The company also declared a special dividend of $2.00 per share, payable on December 30; for stockholders of record December 15.
The board of directors updated share repurchase authorization to $5B (9% of market cap).

Great news.

Believe it or not the stock is still down from $131 set 5 years ago, so it has more room to run.

I agree it has a bright future. A much stronger company now than it was 5 years ago too.

Double-digit boost this morning from ADP.

Automatic Data Processing (NASDAQ:ADP) declares $1.04/share quarterly dividend, 12% increase from prior dividend of $0.93.
Forward yield 1.82%
Payable Jan. 1; for shareholders of record Dec. 10; ex-div Dec. 9.

HRZN jumped up high today, and I went looking for news on why. One thing I found was that they put out a special one month dividend bonus of 0.05/share.

https://seekingalpha.com/news/3758601-ho...g-dividend

"Also, the company declared a special dividend of $0.05 - Payable Dec. 15; for shareholders of record Nov. 18; ex-div Nov. 17."

So we are getting close to that ex-div date.

Some of my high div payers are losing their yield percentage because they've experienced significant price growth but haven't increased their dividend. HRZN is down to 6.4%. RQI is down to 5.64%. Hopefully these guys will raise their dividend soon.