Thursday, April 23, 2015

JNJ raises dividend 7.14% --- New yield is 2.99%


Well more good news came today via JNJ's dividend increase. Today JNJ announced they will be increasing their quarterly dividend from $.70 a share to $.75 a shares. This is a 7.14% increase and will bring the new yield up to 2.99%

The record date is May 26th and the pay date is June 9th.

This news is outstanding and with a 3% yield I am certainly going to continue adding more shares in the near future. I currently own 70.94 shares so my yearly dividends will increase by $14.19.

Hopefully IBM, XOM, and CVX deliver good news in the next week. All three of these companies have been battling their own issues throughout the last year, but typically deliver strong increases. I am expecting a double digit increase from IBM and low single digits from CVX and XOM.

Hopefully I am right.
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13 comments:

  1. Captain DividendApril 23, 2015 at 8:20 PM

    Great news for us JNJ holders. Looking forward to those increases from the other stocks you mention as well as PEP.

    ReplyDelete
    Replies
    1. My Dividend PipelineApril 24, 2015 at 8:52 AM

      CD,

      April is turning out to be a great month for dividend increases.

      MDP

      Delete
  2. Dividend DiplomatsApril 23, 2015 at 9:45 PM

    MDP,

    This was funny - I bought some this morning, only 7 shares and will be adding more. I knew the increase was coming today, so got it on the dip. At 3%, with valuations and the DGR to go with it - I like it and will look at add further as well. Predicting IBM next Tuesday with minimum 12%, lets see it.

    -Lanny

    ReplyDelete
    Replies
    1. My Dividend PipelineApril 24, 2015 at 8:54 AM

      DD,

      I will be looking to join you with more additions myself. I also hope you are correct with your IBM prediction.

      MDP

      Delete
  3. Dividend GremlinApril 24, 2015 at 9:01 AM

    MDP,

    Excellent news. I love these post you have on the increases more than any other I think... well as long as I have the stock. Just feels great to get paid more for nothing.

    Long JNJ,
    Gremlin

    ReplyDelete
    Replies
    1. My Dividend PipelineApril 24, 2015 at 9:15 AM

      DG,

      I understand how you feel. April is a great month for dividend increases. I hope CVX and XOM continue their streaks of increases. I believe they will although I don't believe the raises will be very high.

      MDP

      Delete
  4. BrianApril 24, 2015 at 10:37 AM

    There is nothing quite like doing nothing and getting a raise! Congrats to all JNJ longs :)

    ReplyDelete
    Replies
    1. My Dividend PipelineApril 24, 2015 at 4:43 PM

      Brian,

      Thanks. Increased dividends with no additional capital being invested is awesome! Congrats on you raise.

      MDP

      Delete
  5. Dividend Growth InvestorApril 24, 2015 at 1:24 PM

    You gotta love over half a century of annual dividend increases, which are still going on. I have held and added to JNJ for something like 7-8 years, and have been satisfied with it.

    I am afraid that XOM and CVX might not hike dividends by a lot this year. It would be nice if their share prices go down by 10% more.. And IBM might surprise on the upside though..

    Keep up building that dividend pipeline of yours :-)

    DGI

    ReplyDelete
    Replies
    1. My Dividend PipelineApril 24, 2015 at 4:44 PM

      DGI,

      I agree with you assessment of CVX and XOM. I would be happy with a 2-3% raise. Thanks for the encouragement.

      MDP

      Delete
  6. Money UnbindingApril 24, 2015 at 2:03 PM

    Thanks for sharing the good news. It's always good to know stocks increase dividends. That's why we love dividend investment so much.

    ReplyDelete
    Replies
    1. My Dividend PipelineApril 24, 2015 at 4:46 PM

      MU,

      You aren't kidding. While I have the urge for the occasional risky purchase, these boring companies are pretty cool as well.

      MDP

      Delete
  7. AnonymousApril 25, 2015 at 5:52 PM

    Please don’t play with options.
    Never buying call or put options because I think the stock will rise or fall.
    And especially if somebody had been encouraging you to jump into options.
    I guarantee you on the long run a certain 100 % loss.
    You wrote us: my main investment strategy is to accumulate stocks that will provide me an income for my future life.
    If you want to start with options read as much as you can about options.( blogs ,books )
    Never buying call or put options because I think the stock will rise or fall.
    You could generate extra income by selling call options or selling put options.
    In summary, a person holding a short position (contract writer) can sell to open (enter a contract) or buy to close (close a position). A person holding a long position (contract purchaser) can buy to open (enter a position) or sell to close (close a position).

    How to start, my advice : start on paper in other words no real money involved.
    You have for example Philip Morris as well Altria Group and Royal Dutch.
    You can start on paper to sell those stocks.
    You can do this three or four times a year.

    RD SELL ( 1) TO OPEN strike 70 exp july 15 0.45
    MO SELL ( 1) TO OPEN strike 57.5 exp sept 15 0.4
    PM SELL (1) TO OPEN strike 90 exp sept 15 0.9

    Received premiums ( 0.45+0.4+0.90*100 less commissions)
    Approximately $ 150 and you can do this two or three times a year.

    Royal Dutch Shell plc (RDS-B)
    -NYSE  Watchlist
    63.67 Down 0.07(0.11%) Apr 24, 4:05PM EDT
    As long the stock is or stays below $ 70 before expiration July 2015 nothing will happen.
    But if RDS-B is well above 70 before exp., you have to deliver.
    If RDS-B quotes $74 You shall lose, only if you did not sold your stock ( 74 minus 70 plus receives premiums $ 150) or $ 350 plus commissions
    You shall receive 100*$ 70 =$ 7000 less commisions and not to forget the already received premiums.

    Met vreindelijke groet van Nederland
    Warm regards

    ReplyDelete

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