Markets Are Down – But Dividends Keep On Increasing
Even with the much anticipated Facebook IPO today, the US stock markets all logged another day of declines with the Dow down 73 points, the Nasdaq down 34 points and the S&P down 9 points, closing another loosing week for US stocks.
But all is not lost – 11 companies announced dividend increases today including a 50% plus dividend increase from DDI portfolio holding Southwest Airlines (ticker: LUV). Other notable names include Northrop Grumman (ticker: NOC), Primerica (ticker: PRI) and Xcel Energy (ticker: XEL).
Today’s Dividend Increases
Here’s a quick list of today’s winners with dividend increases:
Trusting Financial Service Experts Might Cost You Thousands
Many people feel like they need to rely on an *expert* to help them manage their money – but do you really? I hope that after reading the Daily Dividend Investor you will start to see that you have the power to build and manage your own portfolio and you don´t have to be a financial genius to do it.
Take a look at this quick video I prepared that shows just how well the so called experts are doing managing the money of thousands of investors, just like me and you.
Weekly Dividend Increase Report for the Week of January 9, 2012 – A Slow Start…
January is definitely off to a slow start as far as dividend increases go. This week only two companies reported dividend increases including an industrial machinery & goods company, Robbins & Myers (ticker: RBN) as well as Plains All American Pipeline, LP (ticker: PAA) an oil and natural gas pipeline management firm.
The weekly wrap
As I do each week, I´ve provided a Google Doc spreadsheet at the bottom of this post with all the specifics, that you can refer back to at any time.
Each week as I go through the list of companies that have reported dividend increases, I´m often surprised to learn about new companies I´ve never heard of, even though many of them have been in business for 50 to 100 year or longer!
The article highlights the fact that many DOW favorites such as McDonald’s, Bristol Myers Squibb and Home Depot are continuing their long term trend of rewarding share holders with consistent dividend increases.
In the case of McDonald’s, shareholders saw a 15% increase in the dividend in 2011, keeping alive it’s streak of dividend increases every year since 1976. Bristol Myers Squibb which just announced it’s most recent dividend increase, payable on February 1, 2012, has been paying it’s shareholders every year since 1933 – a 79 year tradition!
If you’ve been following along here at the Daily Dividend Investor for any amount of time you know that almost every day we continue to see company after company increase their dividend payout as the economy slowly, but surely, gains momentum.
After receiving quite a few emails from readers asking questions about the Daily Dividend Investor portfolio I thought it might be helpful to create a few videos answering some of the most common questions.
Over the next few weeks I’ll be posting a number of videos that tell what exactly the DDI portfolio is, why I started the portfolio, how I choose the stocks I add, and most importantly, I show you how to build your own passive income portfolio starting with very little money!
In the mean time, take a look at my first video in the series, “What is the DDI Portfolio?” I hope you enjoy it and feel free to post any questions you might have in the comments below. Thanks!