Being a dividend investor has two major advantages, first of all you do not rely that much on the changes of the share price and when the stock price is on a very low level you just collect the dividends and maybe take advantage of the low share price and buy even more stocks. As I mentioned already since I have started to invest in dividend stocks I have not experienced one dividend cut so far and this time the following companies have increased their dividends:
In general all four dividend increases were solid ones and not really spectacular. But in the cases of GIS and TGT I did not expect a large dividend increase, based on their current business development. I think it is even better when the management acts responsibly when their business is struggling a little bit. In the case of PEP, the increase is also OK especially as it is the 44th one in a row. There we can not expect increases that large anymore.
I was expecting a little more from CMI but the 5.37% is better than nothing.
Based on the numbers of shares I have of each company and the already published dividend increases it makes now an average dividend increase of 4.41%, which is behind my goal of 7.5%. But I am looking forward to seeing the remaining dividend increases this year from MO, T, VZ and some others still have not announced their dividend increases for this year.
