Kody's Dividends
Unlocking financial freedom with dividend growth investing
Tuesday, May 13, 2025
June 2025 Stock Watch List
Tuesday, May 6, 2025
April 2025 Dividend Income
Approaching $300 In Net Dividends In Off Months
Concluding Thoughts:
Discussion:
Tuesday, April 29, 2025
April 2025 Stock Purchases/Sales
Stock Purchase #1: Brookfield Asset Management (BAM)
Stock Purchase #2: Enterprise Products Partners (EPD)
Stock Purchase #3: Nvidia (NVDA)
Bonus Stock Purchase: Microsoft (MSFT)
Stock Sales: Kinder Morgan (KMI), Southern Company (SO), and Philip Morris International (PM)
Stock Purchases: Enterprise Products Partners (EPD), Microsoft (MSFT), and British American Tobacco (BTI)
Concluding Thoughts:
Discussion:
Tuesday, April 22, 2025
Expected Dividend Increases For May 2025
As I'm writing this blog post, it's Good Friday, April 18th. The temperature here in Central Wisconsin is expected to reach a high of 60 degrees Fahrenheit later today. Though, rain is in the forecast throughout the day. Overall, I'm still stoked that it's Easter weekend!
With that out of the way, the month of April is less than two weeks away from its conclusion. I'll take a look at the dividend raises received thus far. I will also look ahead to the raises that I believe are on tap for May 2025. Let's jump into it!
Actual Dividend Increases for April 2025
Dividend Increase #1: Agree Realty (ADC)
Dividend Increase #2: American Water Works (AWK)
Dividend Increase #3: Johnson & Johnson (JNJ)
Pending Distribution Increase #1: Energy Transfer (ET)
Energy Transfer has yet to announce its next quarterly distribution per unit. However, I'm sticking by my projection of a 0.8% bump in the quarterly distribution per unit to $0.3275.
Across my 183 units of ET, my net annual forward distributions would grow by $1.83 due to such an announcement.
UPDATE: ET announced a 0.8% increase in its quarterly distribution per unit to $0.3275. My net annual forward distributions increased by $1.83 from this announcement.
Pending Dividend Increase #2: Alphabet (GOOGL)
Expected Dividend Increases for May 2025
Expected Dividend Increase #1: Main Street Capital (MAIN)
The first dividend raise that I'm predicting for next month will come from Main Street Capital. I believe that MAIN will announce a 2% increase in its monthly dividend per share to $0.255.
Across my 30 shares of MAIN, my net annual forward dividends would rise by $1.80 due to such an announcement.
Expected Dividend Increase #2: Lowe's Companies (LOW)
The next dividend increase that I'm projecting in May 2025 will be from Lowe's Companies. My guess is that LOW will declare a 4.3% raise in its quarterly dividend per share to $1.20.
My net annual forward dividends would grow by $2 across my 10 shares of LOW from such a declaration.
Expected Dividend Increase #3: Medtronic (MDT)
The final dividend raise that I'm expecting for next month will come from Medtronic. My best guess is that MDT will announce a 1.4% increase in its quarterly dividend per share to $0.71.
Across my 13 shares of MDT, my net annual forward dividends would grow by $0.52 due to such an announcement.
Dividend Increase: RTX Corporation (RTX)
Rather than raising its quarterly dividend per share in April, RTX declared a 7.9% increase in May to $0.68. This was above my prediction of a 6.3% increase to $0.67.
My net annual forward dividends rose by $2.40 across my 12 shares of RTX from this declaration.
Concluding Thoughts:
The four raises that I received in April have increased my net annual forward dividends by $7.43. This is equivalent to investing $247.67 at a 3% net dividend yield.
If the raises that I'm expecting in May play out as anticipated, my net annual forward dividends would grow by $6.72. That would be like investing $224 at a 3% dividend yield.
Discussion:
How was your April 2025 for dividend hikes?
Did you receive any first-time payout boosts as I did with GOOGL?
I appreciate your readership and look forward to your comments below!