12-11-2021, 04:24 PM
(12-11-2021, 04:17 PM)rnsmth Wrote: I own CSCO (cost basis $45.18). Its 5 year dividend growth of 9% is acceptable to me, for a mid yield company (currently 2.5%). Thing is, last year they rewarded shareholders with a paltry 2.8% dividend increase (Feb, 21).
I am thinking they are going to have to do at least double that to keep me from seriously looking for a mid-yield, faster dividend growth replacement for it. There are the facts that its share price appreciation has been picking up some, and that its SSD dividend safety rating is up there in the Very Safe range
Any replacement would also need to be in that range.
AVGO just announced a nice increase and yields 2.6%. TXN yields 2.45%.