Saturday, November 30, 2013

November Dividend Update

My total dividend income for November totaled  $193.80. This was a nice improvement over last quarter where I made $170.13 in August. This month I made two purchases which are listed below. There were no dividend increases for me this month which is a bit rare. KMI did raise it's dividend this quarter but since I just purchased KMI before the dividend I'm not counting that one. You can see all of my dividend income here.

October Purchases

Kraft (KRFT) - 21 @ $52.74
McDonalds (MCD) - 12 @ $97.00

People's United FinancialQUALIFIED DIVIDENDPBCT36.24
Proctor & GambleQUALIFIED DIVIDEND PG20.45

Friday, November 29, 2013

Recent Dividend Increases

Dividend investors would be wise to focus not just on a stock's current yield, but also on the long-term growth potential of its dividends. That's because strong businesses that consistently raise their dividend payouts reward shareholders with a steadily rising income stream that essentially equates to a raise every year. Below are some stocks which have increased their dividends recently.

Aflac (AFL) - The board of directors increased the quarterly cash dividend by 5.7%, effective with the fourth quarter. The fourth quarter dividend of $.37 per share is payable on December 2, 2013, to shareholders of record at the close of business on November 20, 2013. This marks the 31st consecutive year in which the dividend has been increased.

Automatic Data Processing (ADP) - The board of directors of Automatic Data Processing, Inc.  approved a 10% increase in the cash dividend to an annual rate of $1.92 per share, Carlos A. Rodriguez, chief executive officer, announced recently. The new quarterly dividend of 48 cents per share compares with the previous quarterly dividend rate of 43.5 cents per share. This increased quarterly dividend will be distributed on January 1, 2014 to shareholders of record at December 13, 2013. The increased cash dividend marks the 39th consecutive year in which the company has raised its dividend.

Realty Income (O) - Recently announced its board of directors has declared an increase in the company's common stock monthly cash dividend to $0.1818542 per share from $0.1815417 per share. The dividend is payable on October 15, 2013 to shareholders of record as of October 1, 2013. This is the 73rd dividend increase since Realty Income went public in 1994. The new monthly dividend amount represents an annualized dividend amount of approximately $2.182 per share as compared to the previous annualized dividend amount of approximately $2.179 per share.

Nike (NKE) - Nike said it's increasing its quarterly dividend by 14% to 24 cents a share, up from 21 cents a share. The dividend is payable on January 6, 2014, to shareholders of record at the close of business on December 16, 2013. This is the twelfth year in a row the component of the Dow Jones Industrial Average increased its annual dividend.

United Bankshares, Inc. (UBSI)  - United Bankshares provides commercial and retail banking services and products in the United States. November 8th the company increased its quarterly dividend 3.2% to $0.32 per share. The dividend is payable January 2, 2014 to shareholders of record as of December 13, 2013. The yield based on the new payout is 4.2%.

Emerson (EMR) - The board of directors of Emerson voted recently to increase the quarterly cash dividend from forty-one cents ($0.41) to forty-three cents ($0.43) per share of common stock payable December 10, 2013 to stockholders of record November 15, 2013.

Parkway Properties, Inc. (PKY) - A real estate investment trust (REIT), engages in the operation, acquisition, ownership, management, and leasing of office properties. November 12th the company increased its quarterly dividend 25% to $0.1875 per share. The dividend is payable December 26, 2013 to shareholders of record for Common Stock on December 12, 2013. The yield based on the new payout is 4.4%.

Full Disclosure: I have a position in Realty Income (O) at the time of this writing. You can see a list of all my dividend growth positions here.

Monday, November 25, 2013

Recent Buy - Kraft (KRFT)

Today I decided to open a position in the food giant Kraft. I purchased 21 shares @ $52.74. I've had Kraft on a short list of potential buys and selected it for one of my monthly purchases. Typically I try to invest in stocks with a history of dividend growth over many years but I think Kraft has the makings of a future dividend champion. This purchase has pushed me past the $50,000 portfolio mark for the first time as well.

Kraft Foods Group, Inc. (Kraft Foods Group) operates food and beverage businesses in North America. The Company manufactures and markets food and beverage products, including convenient meals, refreshment beverages and coffee, cheese and other grocery products, in the United States and Canada, under a stable of iconic brands. Its product categories span breakfast, lunch and dinner meal occasions, both at home and in foodservice locations. The Company sells its products to supermarket chains, wholesalers, supercenters, club stores, mass merchandisers, distributors, convenience stores, drug stores, gasoline stations, value stores and other retail food outlets in the United States and Canada.

KRFT Basic Statistics

  • Ticker Symbol: KRFT
  • PE Ratio: 17.02
  • Yield: 4%
  • Dividend Growth 10yr: 6.4%
  • Payout Ratio: 48%
  • Market cap: $31 B
  • Website:

Dividend Growth Rate

Monday, November 18, 2013

Recent Buy - McDonalds (MCD)

Today I added to my position in McDonalds (MCD). I purchased 12 shares at $97. This is a bit cheaper than my first purchase at $98 I made back in July. MCD has increased its dividend for 36 consecutive years, making it a dividend champion, i.e. more than 24 years of consecutive increases. I believe McDonalds is a great long term dividend growth stock and I will continue to add to my position in it.

McDonald’s Corporation franchises and operates McDonald's restaurants in the United States, Europe, the Asia/Pacific, the Middle East, Africa, Canada, and Latin America. Its restaurants offer various food items, soft drinks, coffee, and other beverages, as well as breakfast menus. As of December 31, 2012, the company operated 34,480 restaurants in 119 countries worldwide and serve 69 million customers each day.

MCD Basic Statistics

  • Ticker Symbol: MCD
  • PE Ratio: 17.63
  • Yield: 3.3%
  • Dividend Growth 10yr: 9.2%
  • Payout Ratio: 56%
  • Market cap: $97 B
  • Website: 

Saturday, November 2, 2013

October Dividend Income

My total dividend income for October totaled  $146.32. This was a small improvement over last quarter where I made $135.27 in July. This month I made one purchase and had two dividend increases which are listed below. You can see all of my dividend income here. This was a pretty light month for me but next month is shaping up to be my highest monthly dividend total yet.

October Purchases

Kinder Morgan Inc. (KMI) - 31 @ $35.40

Dividend Raises

GlaxoSmithKline (GSK) - From .55 to .553 per quarter
Altria (MO) - From .44 to .48 per quarter

Hatteras Financial CorpORDINARY DIVIDEND (HTS)HTS30.25
Realty IncomeORDINARY DIVIDEND (O)O18.19
Piedmont Natural GasQUALIFIED DIVIDEND (PNY)PNY21.08