March is a great month. Spring training is starting, the weather is starting to warm up, it is the first large dividend paying month of the year, and it is one of the Diplomats’ birthdays. From an investing stand point and dividend increase standpoint, 2019 has been an interesting one. Dividend growth has slowed compared to last year for many companies while the stock market continues to rally. Each day is an exciting new day in the marketplace. It is now time for the next installment of our monthly series summarizing the previous month’s dividend increases and anticipating the dividend increases in the months to come. Here is our list of expected dividend increases in March!
Once again, as I sip on a delicious, warm cup of coffee, I have found myself shaking my head. This time, the disappointment was at the hands of Pepsico (PEP). Their recent 3% dividend increase left a lot to be desired. It is significantly lower than last year and their 5-year average dividend growth rate. But Pepsi wasn’t the only company that has made me feel this way in 2019. We’re noticing a frustrating trend in 2019….slowing dividend growth.
The first dividend income from the blogging community article is here! What a wild and weird first month of earnings, I may add. The market was it’s typical-self, riding up, down and up again. Further, dividend increase announcements have been rolling in, but as anticipated, they are not as strong as they were in 2018. An increase, however, is an increase. Here is the January version of the dividend income from YOU the bloggers!
We all know this is the time of the year, especially for us Northerners, Easterners and Mid-Westerners, when the weather can be all over the place, similar to the stock market. We literally had record-setting freezing temperatures, where if you were outside for minutes, frostbite would occur. Only to have 60+ degree weather and be able to be outside with shorts and a t-shirt. The topic of energy preservation, frugality and saving money really hit home from this, as well has assisting a few families on how they can save, each and every month. Therefore, it’s time to list out THREE EASY habits to introduce, if not already, that will reduce energy and money, each and every month!
On most occasions, us Diplomats are on the same page with stock purchases. Since we are always sharing our thoughts, ideas, and analyses, chances are that if one Diplomat purchases a stock, there is a good chance the other one did as well. This happened when the two of us initiated a position in ABBV in the fourth quarter and it happened once again in January when ABBV’s price fell through the floor. Lanny wrote out his purchase of ABBV and WRK this week, and now it is my turn. Here is why I added to ABBV!
DowDuPont’s revenue reached $86 billion in 2018, crushing 2017 totals by $79.5 billion (pro forma figures).
Earnings per share for DowDuPont up 40%, from $1.18 per share (pro forma) to $1.66, from 2017 to 2018.
In the last quarter of 2018, cash flow from operations showed almost a 25% growth from the last quarter of 2017, a preview of expectations for 2019.
I am happy to see the Polar Vortex didn’t take anyone down, I hope. We are a full month down and it was nice opening February up on a Friday, as I was able to squeak a purchase in on that day. What’s wild, though, is we have gone from devastating cold temperatures, to running outside in shorts a few days later. Thank you OHIO! Well, enough about the weather, it’s now time to check out my dividend stock purchases over the last two weeks of January and first day in February!