2 Companies from my portfolio raised her dividends:
The company raised its quarterly dividend by 9% to $0.583/share.
The company raised its quarterly dividend by 8.7% to $0.56/share.
Want to know which companies? continue to read...
The Hershey Company (HSY) manufactures, imports, markets, distributes, and sells confectionery products. The company operates through two segments, North America; and International and Other. It offers chocolate and sugar confectionery products; pantry items, such as baking ingredients, toppings, sundae syrups, and beverages; snack items, including spreads; and gum and mint refreshment products comprising chewing gums and bubble gums. The company offers its products primarily under the Hershey’s, Reese’s, Kisses, Jolly Rancher, Almond Joy, Brookside, Good & Plenty, Heath, Kit Kat, Lancaster, Payday, Rolo, Twizzlers, Whoppers, York, Scharffen Berger, Dagoba, Ice Breakers, Breathsavers, Bubble Yum, and Heath brands, as well as under the Golden Monkey, Pelon Pelo Rico, IO-IO, Nutrine, Maha Lacto, Jumpin, and Sofit brands. It markets and sells its products to wholesale distributors, chain grocery stores, mass merchandisers, chain drug stores, vending companies, wholesale clubs, convenience stores, dollar stores, concessionaires, and department stores. The Hershey Company was founded in 1894 and is headquartered in Hershey, Pennsylvania.
The company raised its quarterly dividend by 9% to $0.583/share.
Altria Group, Inc.(MO), through its subsidiaries, manufactures and sells cigarettes, smokeless products, and wine in the United States and internationally. It offers cigarettes primarily under the Marlboro brand; cigars principally under the Black & Mild brand; and moist smokeless tobacco products under the Copenhagen, Skoal, Red Seal, Husky, and Marlboro Snus brand names. The company also produces and sells blended table wines under the Chateau Ste. Michelle, Columbia Crest, and 14 Hands names; and imports and markets Antinori and Villa Maria Estate wines, as well as Champagne Nicolas Feuillatte in the United States. In addition, it provides finance leasing services primarily in aircraft, rail and surface transport, electric power, real estate, and manufacturing industries. The company sells its tobacco products primarily to wholesalers, including distributors; large retail organizations, such as chain stores; and the armed services. Altria Group, Inc. was founded in 1919 and is headquartered in Richmond, Virginia.
The company raised its quarterly dividend by 8.7% to $0.56/share.
Congrats on the raise! Try to do that from your work :). I get a stale increase from work of 2%, and my supervisor is 3 months behind on my appraisal. However, with dividend investing, companies are consistently give the annual raise mostly above the inflation rate. Gotta love that? :)
ReplyDeleteHello Vivianne
DeleteI realy like to get raises without working a single day in my life.
Thanks for stopping by
Always nice to read about dividend raises from a company that you own. That's the real secret sauce to long term dividend investing. Sure adding fresh capital can help push your dividends along with reinvestment but it's the raises that come in year in and year out that provide serious compounding.
ReplyDeleteDH
DeleteYou are right, the raises are the helper for the snowball to getting bigger year after year.
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