As I sit here with the desire to “crank out” an article before the day starts (going for an 8 minute post) – it dawned on me that this year hasn’t been the “strongest” in terms of dividend increases for large companies that we all share, hold and love. Some are even dividend aristocrats that increase their dividend year, after year, after year. Some are big name companies that over the last 5 to 10 years have had large or more than the average dividend growth rates, say between 5 and 15% increases, vs the 0-5% increases from some of the others. This has been a very different year for dividend investors as we navigate the playing field and start seeing action events from companies on their annual increases, which – we can’t blame them at all, given the facts displayed out below. Let’s see what I’m talking about so far this year, with 5 examples of companies that haven’t provided that historical or thought of dividend increase year. Continue reading
As a great band once said….”Another one bites the dust.” Another month bites the dust and we are now entering May. April was a crazy month that consisted of more transactions than I can remember for a while, the capstone of which was my investment in one of the largest railroad companies Norfolk Southern. Unfortunately though, I will not be reaping the dividend benefits from these transactions until next quarter. After seeing a minimal YOY increase of 8% in my dividend income in March, I am hoping that my investing throughout the first four months of the year will begin to show in April. Looks like it is time to dive in and review my April dividend income summary.