Tuesday, September 3, 2019

AUGUST 2019 DIVIDEND INCREASES AND BUYS


August was a great month for dividend increases for my portfolio.     Only 4 increases, but a couple were over 10%.


American States Water (AWR) increased their dividend from $0.28 to $0.31, a 10.9% increase.  The annual dividend went from $27.50 to $30.50, a $3.00 increase.

Bank of Nova Scotia (BNS) increased their dividend from C$0.87 to C$0.90, a 3.5% increase.  The annual dividend went from $219.24 to $226.80.  A $7.56  increase.

Canadian Imperial Bank (CM) raised their dividend 3% from C$1.40 to C$1.44.   This increased my annual dividend from $246.40 to $253.44.  That's a $7.04 increase.

Cummins Inc (CMI) raised their dividend a nice 15% from $1.14 to $1.31.   This increased my dividend from $136.80 to $157.32.  A sweet $20.52 annual increase.

In total, I gained $38.12 in my annual dividend just by merely holding on to the shares in these companies.  So I celebrated by eating at the Rainbow Drive in in Honolulu.   Here's a rainbow over The Rainbow...

The legendary Rainbow Drive-In in Waikiki.

Next month I expect a nice handful of increases from the likes of McDonald's, Microsoft, Verizon, and hopefully more.

In the world of buys, I only made one purchase.  I picked up 3 shares of Raytheon (RTN) at $182.94 for a total of $548.82.   This increased my annual dividend by $2.82.

I am sitting on most of my dividends from this past month and am heading into by biggest moth of each quarter in terms of divided payments.  I plan on going shopping and will update you with them as I make the purchases.


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