Today QCOM announced that it will be raising its quarterly dividend from $.53 to $.57. This represents a 7.55% increase and brings the yield above 4%
QCOM is already scheduled to pay a $.53 dividend later this month, so I assume the new dividend payout will begin in June.
Since I currently own 45 shares, my yearly dividends will increase by $7.20.
2017 Dividend raises
- OHI: 1.64% --- $3.20
- KMB: 5.43% --- $8.03
- GILD: 10.64% --- $10.49
- CSCO: 11.54% --- $13.92
- TROW: 5.56% --- $9.09
- KO: 5.71% --- $20.96
- QCOM: 7.5% --- $7.20
Total yearly dividend increase is $72.89.
That is a fantastic increase, a total increase of over $70 so far this year, that is awesome. Well done.
ReplyDeleteBHL,
DeleteYeah I decided to keep a running total of the raises just to reinforce the value of dividend growth. If I included dripping the dividend increases would be even more spectacular.
MDP
I unloaded GILD, but I need to get back into it. It's still 40% down from all time high.
ReplyDeleteI like the raises without doing anything. I've already sunk $400 into fixing the dryer, and it's still not fix as now the washer is broke. It's a stackable so now I must get it fixed somehow. such dilemma now. That's why dividend is the favorite, super passive income. hehe
vivianne,
DeleteI'm watching GILD closely as well and actually own an April $67.50 call that I will bought a month ago and would love to exercise. If the stock climbs back into the mid $70 I'll probably buy the shares.
MDP