Dividend Announcement Thread!

[DividendGarden]

Raytheon Technologies (NYSE: RTX) declares $0.51/share quarterly dividend, 7.4% increase from prior dividend of $0.475.

https://seekingalpha.com/news/3685386-ra...-per-share

[EricL]

Ameriprise Financial $AMP increased its quarterly dividend by 8.65% to $1.13/share

[fenders53]

(04-26-2021, 09:06 AM)DividendGarden Wrote: Raytheon Technologies (NYSE: RTX) declares $0.51/share quarterly dividend, 7.4% increase from prior dividend of $0.475.

https://seekingalpha.com/news/3685386-ra...-per-share

I was hopeful they would come through.  I followed the merger negotiations closely before invested.  Then Covid came and the stock price appreciation never happened, but they promised to spend $26B on shareholders. This is a real decent start considering half their revenue is tied to commercial aeronautics.

[DividendGarden]

IBM (NYSE: IBM) declares $1.64/share quarterly dividend, 0.6% increase from prior dividend of $1.63.

https://seekingalpha.com/news/3686061-ib...s-dividend

[EricL]

(04-27-2021, 08:23 AM)DividendGarden Wrote: IBM (NYSE: IBM) declares $1.64/share quarterly dividend, 0.6% increase from prior dividend of $1.63.

https://seekingalpha.com/news/3686061-ib...s-dividend

So glad I dumped IBM for AVGO last spring.

[fenders53]

(04-27-2021, 08:55 AM)EricL Wrote:

(04-27-2021, 08:23 AM)DividendGarden Wrote: IBM (NYSE: IBM) declares $1.64/share quarterly dividend, 0.6% increase from prior dividend of $1.63.

https://seekingalpha.com/news/3686061-ib...s-dividend

So glad I dumped IBM for AVGO last spring.

And I still see old boomer's dreaming of the IBM turn around.  Maybe if they break the behemoth up before it's too late.  Almost all of the huge CAP market leaders from when I started investing are way past their prime.

[ken-do-nim]

I know I've only owned DGI stocks for a month and a half now, but I'm patiently waiting for one of them to appear in this thread showcasing a dividend increase.

[fenders53]

(04-28-2021, 07:34 AM)ken-do-nim Wrote: I know I've only owned DGI stocks for a month and a half now, but I'm patiently waiting for one of them to appear in this thread showcasing a dividend increase.

Most DGI stocks announce an increase every fourth quarter.  With some minor research you will know when to expect it.  My gold miner stocks are really fun now.  When you get old buy one while gold prices are down.  When things are good they raise the dividend 2 or 3 times a year, announce specials Divs etc, and it can last a few years.  They will gradually drop it of course when the metal price crashes too hard.

[ken-do-nim]

(04-28-2021, 08:00 AM)fenders53 Wrote:

(04-28-2021, 07:34 AM)ken-do-nim Wrote: I know I've only owned DGI stocks for a month and a half now, but I'm patiently waiting for one of them to appear in this thread showcasing a dividend increase.

Most DGI stocks announce an increase every fourth quarter.  With some minor research you will know when to expect it.  My gold miner stocks are really fun now.  When you get old buy one while gold prices are down.  When things are good they raise the dividend 2 or 3 times a year, announce specials Divs etc, and it can last a few years.  They will gradually drop it of course when the metal price crashes too hard.

Oh cool.  Thanks for that nugget of information. 

[fenders53]

(04-28-2021, 08:08 AM)ken-do-nim Wrote:

(04-28-2021, 08:00 AM)fenders53 Wrote:

(04-28-2021, 07:34 AM)ken-do-nim Wrote: I know I've only owned DGI stocks for a month and a half now, but I'm patiently waiting for one of them to appear in this thread showcasing a dividend increase.

Most DGI stocks announce an increase every fourth quarter.  With some minor research you will know when to expect it.  My gold miner stocks are really fun now.  When you get old buy one while gold prices are down.  When things are good they raise the dividend 2 or 3 times a year, announce specials Divs etc, and it can last a few years.  They will gradually drop it of course when the metal price crashes too hard.

Oh cool.  Thanks for that nugget of information. 

It's not for you right now.  When I was accumulating I owned zero precious metals or minerals (other than the big rock on my wife's ring finger).  It was much cheaper than a divorce lol. (Can I get an amen lol?)  

Gold is just a hedge.  It will be there when my port is burning down and pays good dividends now because I own the major miners that are leveraged some against the metal..  Once or twice a decade it goes into true growth stock mode for awhile.  Holding it for decades is probably the stupidest idea ever but people do it waiting for the zombie apocalypse.    The cool kids hold bitcoin instead because pretend digital money can't possibly go wrong when all hell breaks loose.  I typed that with heavy sarcasm lol.

[EricL]

(04-28-2021, 07:34 AM)ken-do-nim Wrote: I know I've only owned DGI stocks for a month and a half now, but I'm patiently waiting for one of them to appear in this thread showcasing a dividend increase.

I track all dividend increase announcements on the "DivInc" tab on my portfolio spreadsheet. You can take a look here to see what's coming up.

Should get AAPL's increase today, and should hear from CVX or XOM by the end of the week if they are increasing. AWK should be coming soon as well, and FLO usually announces its increase sometime in May.

[EricL]

American Water Works (NYSE:AWK) declares $0.6025/share quarterly dividend, 9.5% increase from prior dividend of $0.5500.
Forward yield 1.57%
Payable June 1; for shareholders of record May 11; ex-div May 10.