Raises February 2019
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Raises February 2019 |
There is nothing greater than receiving a raise. The problem is that most 9-5 Jobs only give their employees a raise once a year. At times its a meager 2% if that, which does not keep up with infraction.
This means the power of your earnings is actually loosing its value and purchasing power. As the price of consumer goods are raised at a higher rate yearly.
Not to mention things we all purchase daily that are necessities tend to also go up yearly. This is what inflation is.
So this is the reason I buy and accumulate dividend paying stocks who yearly raise their dividend.
Without further ado... let us review the companies who decided to increase their dividend this month.
ADM- raised their dividend by 4.5% from $0.335 to $0.35. This will add $0.42 to my yearly dividend.
KMB - raise it's dividend by 3% from $1.00 to $1.03. This will add $0.24 to my yearly dividend.
HEP- raised it's dividend for the second quarter in a row since I purchased it, this time by 0.4% from $0.665 to $0.6675, which will add $0.13 in yearly dividend.
WES- Also raised its dividend for the second time in a row for me, This time from 1.6% from $0.965 to $0.98. The raise will add $0.60 to my yearly dividend.
D- raised its dividend from $0.83 to $0.9175 a whopping 9.9% that surely will beat inflation. This will add $4.95 to my yearly dividend.
AFL -raised its dividend by 3.8% from $0.26 to $0.27. This will add $0.24 to my yearly dividend.
Now the dividend CUTS
There are two companies who announced dividend cuts this month.
First is TUP they slashed their dividend by a whopping 60.3% from $0.68 to $0.27. This will lower my yearly dividend by $49.20 in forward dividend.
UL- I think this is mostly Exchange trade from pound to dollar at the time of the announcement. Either way its a cut in the books. a 1.4% cut from $0.4487 to $0.4422 this looses $0.24 to my forward yearly dividend.
Normally I would cut my lost with dividend cuts. However, I like both companies as a long term investors and will hold both stocks for now. This may change in the future depending on further financial woes.
What do you think of recent raises and dividend cuts?
Did we share in the raises or cuts in dividend this month?
Did you received any other raises?
Disclaimer: Long on all stocks listed above.
Disclaimer: I’m not a licensed investment advisor and not an investment professional. This site is only meant for educational or entertainment purposes only. I’m not liable for any losses suffered as a result. Please consult with an investment or tax professional before investing any of your money.