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Really disappointing increase from AAPL.
Apple (NASDAQ:AAPL) declares $0.22/share quarterly dividend, 7.3% increase from prior dividend of $0.205.
Forward yield 0.66%
Payable May 13; for shareholders of record May 10; ex-div May 7.
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Times are hard and they are just trying to scratch by until next quarter Eric. Seriously though they could raise the mini div 25%, and buy back some shares with no threat to the balance sheet. They remind me of Buffet sometimes. I can only guess they are thinking just like your 100% SP increase this year.
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04-28-2021, 04:00 PM
(This post was last modified: 04-28-2021, 04:01 PM by EricL.)
(04-28-2021, 03:49 PM)fenders53 Wrote: Times are hard and they are just trying to scratch by until next quarter Eric. Seriously though they could raise the mini div 25%, and buy back some shares with no threat to the balance sheet. They remind me of Buffet sometimes. I can only guess they are thinking just like your 100% SP increase this year.
Only thing I can think of is that they base the dividend off the trailing year's earnings. $0.88/$3.28 would be a ~27% payout ratio, which is generally in line with what they've done since instituting the dividend back in 2013.
Maybe next year we'll get the big dividend boost...
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Chevron (NYSE:CVX) declares $1.34/share quarterly dividend, 3.9% increase from prior dividend of $1.29.
Forward yield 5.09%
Payable June 10; for shareholders of record May 19; ex-div May 18.
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(04-28-2021, 04:00 PM)EricL Wrote: (04-28-2021, 03:49 PM)fenders53 Wrote: Times are hard and they are just trying to scratch by until next quarter Eric. Seriously though they could raise the mini div 25%, and buy back some shares with no threat to the balance sheet. They remind me of Buffet sometimes. I can only guess they are thinking just like your 100% SP increase this year.
Only thing I can think of is that they base the dividend off the trailing year's earnings. $0.88/$3.28 would be a ~27% payout ratio, which is generally in line with what they've done since instituting the dividend back in 2013.
Maybe next year we'll get the big dividend boost...
I base this on nothing but my opinion but...
They instituted a very low Div yield as most true growth companies do initially. They didn't know the next ten years would be anywhere near this amazing. Annual Div increases great but it was 25% of not much and it takes a long time to compound when the share price is running too. The Div growth stats still look very good. It's not the worst problem you'll ever have in investing.
I bet they do a 25% increase next year, and buy back shares this year. Eventually the law of big numbers will make them stumble. Who knows what year that is. SP pulls back at some point, huge div increase to keep the shareholders happy. Current yield more like a mature DGI company as they enter the too big phase. I am starting to think that day is 3 to 5T market CAP for the big boys.
crimsonghost747
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That AWK raise is an absolute monster for a water utility.
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Shell (NYSE: RDS.A) declares $0.347/ADS quarterly dividend, 4.2% increase from prior dividend of $0.333.
https://seekingalpha.com/news/3687557-sh...y-4-to-347
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(04-28-2021, 09:55 PM)crimsonghost747 Wrote: That AWK raise is an absolute monster for a water utility.
Par for the course with AWK.
2017: 10.67% increase
2018: 9.64% increase
2019: 9.89% increase
2020: 10.00% increase
2021: 9.55% increase
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AWK, Too overvalued for new investors to enter just like housing.
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Doesn rds looks interesting at these levels, plus the div hike? Rds vs bp?
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04-29-2021, 06:55 PM
(This post was last modified: 04-29-2021, 06:55 PM by fenders53.)
(04-29-2021, 06:15 PM)vbin Wrote: Doesn rds looks interesting at these levels, plus the div hike? Rds vs bp?
What's interesting is which strategy is right. Oil majors pretending to be green, or getting too green too fast and abandoning exploration. It's my hunch the winning strategy lies in the middle if you are looking out past the next three years.
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Stryker (NYSE:SYK) declares $0.63/share quarterly dividend, 9.6% increase from prior dividend of $0.57.
Forward yield 0.99%
Payable July 30; for shareholders of record June 30; ex-div June 29.
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