Monday, October 5, 2020

SEPTEMBER 2020 DIVIDEND INCREASES

One of the main points of Dividend Growth Investing is receiving increases in the dividends.  Well, duh...

2020 has been a it sketchy with that as the pandemic threw a wrench into many companies' growth.   

I received no increases in August.   

September was infinitely better.  4 increases.  (4 is infinitely larger than 0...  uh, something like that)

The big surprise was seeing a 9.8% increase from Starbucks.  They had been hit hard by the shutdowns an have adjusted well to the new normal.  I wasn't expecting one at all.

Here's the summary.


TICKER

OLD DIV

NEW DIV

% Gain

VZ

$0.6150

$0.6275

2%

STOR

$0.3500

$0.3600

2.9%

MSFT

$0.5100

$0.5600

9.8%

SBUX

$0.4100

$0.4500

9.8%



The result was a $16.94 increase to my annual dividends.  Which I will also re-invest and make the snowball rolling down hill just that much larger.

Cheers!

No comments:

Post a Comment

Please leave a comment. Just be respectful of each other. We're all here for the same reasons.... Thanks!