Lamar Advertising Company (LAMR) Dividend Increase Announced on February 22, 2018

Lamar Advertising Company (LAMR) has raised its dividend by about 10%.

Last summer LAMR was the latest of four REITs to be added to the nonPension portolio.  The upcoming dividend will be 71 cents higher than the first payment two quarters earlier.  Due to dividend reinvestment and the dividend increase, that next payment represents a 12% increase over the September payment.

While the dividend payments have increased over time, the value of my individual shares has declined slightly.

Wyndham Worldwide Corp (WYN) Dividend Increase Announced on February 15, 2017

Wyndham Worldwide Corp (WYN) recently announced in a press release that their next dividend payment will be 14% higher than their last.  The next payment date has not been announced yet.  Last year's payment was at the end of March.

Thanks to dividend increases and dividend reinvestment, my next dividend payment will be 37% higher than my first one during the last quarter of 2016.  That translates into an annualized growth rate of 23%.  During the last year, the growth rate is 17%.

While my dividend payments have shot up during the time I have owned WYN, the value of my shares has risen also.  Thanks, Wyndham!

Prudential Financial, Inc. (PRU) Dividend Increase Announced on February 16, 2018

Prudential Financial, Inc. (PRU) has raised its dividend by 20%.  That increase has caused my next dividend payment to be 99 cents more than the last on, and 37% higher than the first one I received two years earlier.

The annualized growth rate of 17% in dividend income from PRU in nonPension portfolio is due in part two dividend increase and in part due to dividend reinvestment during the time I have owned it.

While my dividend payments have gone up over time, the value of my shares has increased also.

AbbVie Inc. (ABBV) Dividend Increase Announced on February 15, 2018

One of the best investments in the nP portfolio so far is AbbVie Inc. (ABBV), which has has experienced an increase of over 100% in per-share value during the time I have held it.  Also during that time, there has been a significant increase in the dividend.

After announcing a significant dividend increase last fall, ABBV has now announced an even more significant increase this past week, a huge 35% increase.  That increase as well as other increases and dividend reinvestment have resulted in my next payment in May being more than $4 more than my first payment in February 2016.

The 82% increase in 9 quarters translates to an annualized increase of 31% during that time period. 

Ryder Systems, Inc. (R) Dividend Increase Announced on February 12, 2018

I almost removed Ryder Systems, Inc. (R) from the nonPension portfolio last year after two relatively unspectacular dividend increases.  Then came the surprise dividend increase recently that was in an amount equal to the first two combined.  I will continue to hold R for now.

As a result of this increase, other increases, and dividend reinvestment, my next dividend payment will be 33% higher than my first one two years ago. The annualized growth rate in the payments is 15%. 

While my payments have gone up, so too has the value of my shares.

Union Pacific Corporation (UNP) Dividend Increase Announced on February 8, 2018

In the fall of last year Union Pacific Corporation (UNP) raised its dividend by 10%, and it paid that dividend between Christmas and New Year's Day.  But just days ago, UNP decided to raise its dividend by another 10%.  

During the time UNP has been in my nonPension portfolio, my income from dividends has increased by 39% thanks to the dividend increases and thanks to dividend reinvestment.  The growth has been at an 18% annualized rate.

The value of my shares of UNP have increased during the two years I have owned the company in step with the dividend increases.

Corning Incorporated (GLW) Dividend Increase Announced on February 7, 2018

During the time I have owned Corning Incorporated (GLW) in my nonPension portfolio, GLW has raised its dividend by more than 10%.  The most recent increase is 16%.

Thanks to dividend increases and reinvestment of dividends, my next dividend payment will be 40% (!) higher than my first payment two years earlier.  The annualized rate of increase in my payments is 18%.

While the payments have increased at a rapid pace, the value of my shares has progressed in a similar fashion.

Gilead Sciences, Inc. (GILD) Dividend Increase Announced on February 6, 2018

Gilead Sciences, Inc. (GILD) has raised its next payment to 10% higher than the last.  In the year and a half since I purchased the stock, the dividend payment has increased by 26% thanks to dividend increases and dividend reinvestment.  The annualized growth rate is 17%, and the most recent 12-month growth rate is 13%.

The price of individual shares is up by a small amount since my purchase two summers ago.

Harley-Davidson, Inc. (HOG) Dividend Increase Announced on February 6, 2018

Whereas the value of my shares in Harley-Davidson, Inc. (HOG) have increased during the two years I have owned them, the dividend growth has been rather disappointing, as each dividend increase has been less than the one before it.  The most recent increase is an unimpressive 1%.

HOG has been a disappointing investment during the time I have held it.  The annualized dividend payment growth rate is only 6%.  As a result, my next payment will be 12% higher than the first.

Archer-Daniels-Midland Co. (ADM) Dividend Increase Announced on February 6, 2018

Archer-Daniels-Midland Co. (ADM) has been my nonPension portfolio for over two years, and has provided three dividend increases in that time.  The value of my shares is virtually unchanged during my holding period, but the next dividend payment will be 28% higher than my first one December 2015.

The most recent paying increase is a rather modest 5%.  The good news is that the growth in dividend payments is 12% on an annualized basis, which is high enough for ADM to do its share of the growth to help the portfolio reach its goal by 2035, assuming growth rates remain the same.  However, ADM is on my short list of stocks to consider selling if the market price rises high enough.

My Monthly Income is Up 1.0% During January

My average monthly dividend income is up 75 cents in January, a 1.0 percent increase.

6 cents of that increase came from the dividend increase by OHI on January 16.

14 cents of that increase came from the dividend increase by INTC on January 25.

33 cents of that increase came from the dividend increase by MPC on January 29.

The remaining 22 cents of that increase came from reinvested dividends during the month of January from a lot of securities:  HOG, HPQ, IRM, LAMR, LM, M, PAG, VIAB, VZ, WFC, and WHR.

The dividend growth rate for the nonPenision portfolio remains high enough to be on pace to reach its goal of $560 per month in income before the deadline of 2035.

Ticker	Shares	Avg Monthly Dividends	One Year Ago	% Change
AAPL	5.133	$1.08	$0.98	10.53%
ABBV	9.683	$2.29	$2.07	10.94%
ADM	12.821	$1.37	$1.28	6.67%
ADNT	1.000	$0.09	$0.00
AMGN	3.120	$1.37	$1.20	14.78%
AMP	5.232	$1.45	$1.31	10.67%
BA	4.244	$2.42	$2.01	20.42%
BBY	16.760	$1.90	$1.56	21.43%
BG	9.381	$1.44	$1.31	9.52%
CAH	7.219	$1.11	$1.08	3.01%
CCL	11.440	$1.72	$1.33	28.57%
EAT	10.597	$1.34	$1.20	11.76%
EMN	7.361	$1.37	$1.25	9.80%
GEO	24.487	$3.81	$3.54	7.69%
GILD	6.250	$1.08	$0.98	10.64%
GLW	28.250	$1.46	$1.27	14.81%
HBI	24.492	$1.22	$0.90	36.36%
HOG	12.690	$1.54	$1.48	4.29%
HPQ	38.695	$1.80	$1.71	4.97%
INTC	14.577	$1.46	$1.32	10.09%
IP	13.987	$2.21	$2.16	2.70%
IRM	15.691	$3.07	$2.88	6.82%
JCI	10.305	$0.89	$0.86	4.00%
JPM	8.356	$1.56	$1.34	16.67%
KSS	11.996	$2.20	$2.00	10.00%
LAMR	7.245	$2.00	$1.84	9.21%
LM	16.789	$1.57	$1.23	27.27%
M	13.171	$1.66	$1.66	0.00%
MPC	16.853	$2.58	$2.02	27.78%
OHI	16.901	$3.72	$3.49	6.45%
PAG	11.238	$1.27	$1.12	13.33%
PFE	15.849	$1.80	$1.69	6.25%
PRU	6.385	$1.60	$1.49	7.14%
PSX	6.294	$1.47	$1.32	11.11%
QCOM	9.603	$1.82	$1.70	7.55%
R	10.499	$1.61	$1.54	4.55%
SBUX	8.079	$0.81	$0.67	20.00%
T	16.582	$2.76	$2.71	2.04%
TGT	7.420	$1.53	$1.48	3.33%
UNP	6.283	$1.39	$1.27	9.92%
VIAB	12.543	$0.84	$0.84	0.00%
VZ	10.729	$2.11	$2.07	2.16%
WFC	10.436	$1.36	$1.32	2.63%
WHR	3.110	$1.14	$1.04	10.00%
WRK	15.849	$2.27	$2.11	7.50%
WYN	7.265	$1.40	$1.21	16.00%
TOTAL		$77.98	$70.83
Overall annual increase in dividend payments				10.10%
Overall dividend yield -- dividends reinvested				2.96%
Approximate annual growth rate including reinvestment and increases				13.36%
Annual growth rate needed				11.75%
Ahead of goal rate by				1.62%

Marathon Petroleum Corporation (MPC) Dividend Increase Announced on January 29, 2018

Marathon Petroleum Corporation (MPC) has announced a dividend increase only 6 months after the previous increase. The new 15% increase raises my next dividend to a full 51% higher than my first dividend payment 21 months earlier.

On an annualized basis, my dividend payments have grown at a super-high 27%.  The next payment will be 31% higher than the payment one year earlier.

While the dividend payments have really shot up over the time I have owned MPC, the value of the shares has gone up even higher, doubling in the less than two years I have owned it.

Intel Corporation (INTC) Dividend Increase Announced on January 25, 2018

Intel Corporation (INTC) has raised its dividend only three quarters after the most recent dividend, following suit with so many other companies that have provided investors with a surprise dividend increase in the first quarter of 2018.  The 10% increase results in the March payment being 20% higher than the December 2016 payment.

INTC's annualized payment increase rate has been 15% since my purchase in the summer of 2016.  During the past year, the payment I receive has increased by 19%.

While the dividend payments have gone up since I purchased INTC, the value of my shares has also gone up.quite significantly.

Omega Healthcare Investors, Inc. (OHI) Dividend Increase Announced on January 16, 2018

Omega Healthcare Investors, Inc. (OHI) started the new year off by continuing its recent tradition of raising the dividend by a penny per quarter.  The 2% increase will result in my next payment in February being 24% higher than my first payment in the summer of 2016. 

The annualized increase in dividend payments since the time I purchased OHI is 15%.  During the past year, the dividend payment has increased by 16%.

While dividends have grown significantly in the time I have owned OHI, its price has not.