Thursday, September 29, 2022

Laser-Focused On Dividends -- September 29, 2022

Usual disclaimers apply.

As promised:

Laser-focused on dividends

  • as promised, this is the stand-alone post on dividend news
  • companies are going to find out that investors want dividends, not stock buybacks
  • Apple: bought a lot of its own stock -- could have paid dividends -- stock plummets 4% in one day
  • not sure how stock buybacks helped investors
  • and, oh, by the way, it looks like Apple bought high

Two stories:

  • Starbucks
  • Ferguson

Starbucks:

  • raises dividend to 53 cents
  • record date: 11/11/22
  • pay date: 11/25/22
  • was 49 cents;
  • four-cent raise was same as four-cent raise a year ago

Ferguson:

  • raises dividend to $1.91 (semi-annual)
  • ex-div: 10/27/22
  • record date: 10/28/22
  • pay date: 12/8/22
  • current dividend: 84 cents
  • one year ago: zero
  • hasn't paid a 2H dividend since 2019 -- just before Covid lockdown, March, 2020
  • current yield: 1.55%
  • P/E: 11

Abbreviated disclaimer: this is not an investment site.  Do not make any investment, financial, job, career, travel, or relationship decisions based on what you read here or think you may have read here. Full disclaimer at tabbed link.

All my posts are done quickly: there will be content and typographical errors. If anything on any of my posts is important to you, go to the source. If/when I find typographical / content errors, I will correct them
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