02-19-2015, 02:47 PM
(02-19-2015, 02:29 PM)EricL Wrote:(02-19-2015, 01:56 PM)Dividend Watcher Wrote:(02-19-2015, 01:09 PM)Roadmap2Retire Wrote: AbbVie (ABBV) raises dividend by 4%
Not what I'd like but more than double the current inflation rate. I'm sitting on a YOC* of 6.66% and the stock has doubled since the divestiture so I shouldn't complain.
This is Abbvie's second raise this year. They raised from $0.42 to $0.49 with their previous payment.
Thanks Eric. I really should pay more attention to that but since I have no plans to trade it in the foreseeable future, I just throw the divvies in with the pile and move forward. I guess if they only bumped it 1% or so I'd go back and look and see the error of my ways. Right now, I'm reading other annual reports from companies not in my portfolio.
And bad me; I really should go look at your spreadsheet more often.
=====
“While the dividend itself is merely a rearrangement of equity, over time it's more like owning an apple tree. The tree grows the apples back again and again and again, and the theoretical value of the tree doesn't change just because of when the apples are about to fall.” - earthtodan
“While the dividend itself is merely a rearrangement of equity, over time it's more like owning an apple tree. The tree grows the apples back again and again and again, and the theoretical value of the tree doesn't change just because of when the apples are about to fall.” - earthtodan