Wednesday, May 6, 2020

APRIL 2020 DIVIDEND INCREASES (AND CUTS)

As the shock waves ripple throughout the world in regards to the impact of Covid 19, I was honestly expecting a large amount of companies cutting or suspending their dividend payments. 

I was pleasantly surprised that although GM paused their dividend, I received 9 div raises that really minimized the loss.  The end result was a $59.00 annual loss.  Not bad considering the mess we are in. 

TICKER
OLD DIV
NEW DIV
% Gain
old annual
new annual
INCREASE
Yield 
Yield on Purchase
Date
TWO
$0.0000
$0.0500

$0.00
$70.80
$70.80
4.77%
1.34%
4/6/20
JNJ
$0.9500
$1.0100
6.1%
$133.00
$141.10
$8.10
2.66%
3.52%
4/14/20
COST
$0.6500
$0.7000
7.7%
$33.80
$36.40
$2.60
0.9%
1.13%
4/15/20
PG
$0.7459
$0.7907
6%
$134.26
$142.33
$8.07
3.31%
3.59%
4/15/20
SO
$0.6200
$0.6400
3.2%
$203.26
$209.92
$6.66
4.6%
5.19%
4/20/20
QCOM
$0.6200
$0.6500
4.8%
$181.94
$189.80
$7.86
3.5%
4.72%
4/21/20
TRV
$0.8200
$0.8500
3.7%
$49.20
$51.00
$1.80
3.3%
3.38%
4/21/20
GM
$0.3800
$0.0000
-100%
$170.24
$0.00
-$170.24
0%
0%
4/27/20
IBM
$1.6200
$1.6300
0.6%
$181.44
$182.56
$1.12
5.09%
4.63%
4/28/20
AAPL
$0.7700
$0.8200
6.5%
$64.68
$68.88
$4.20
1.12%
1.65%
4/30/20














$1151.82
$1092.79
-$59.03
-5.12%





The big surprise of the month were the size of the increases.  Costco raised by 7.7%, Johnson & Johnson up by 6.1%, Proctor & Gamble up by 6% and Apple up by 6.5%.

We also saw the restart of the dividend for Two Harbors Investment, albeit with a massive cut.  They had paused the $4.00 annual dividend and have returned with a $0.05 annual payout.  Once everything returns to somewhat normal, I have a feeling this will rebound.

May should be much the same.  A few cuts, and an increase here and there.  























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