Chasing the Yield
Investing for income through dividends and distributions
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Holding debt on personal assets is not for everyone
Some who practice dividend investing and/or investing for income will look down on people who don’t have a home mortgage. They may have the view the money would be better used to invest in other vehicles with potentially higher returns, portfolio diversification, tax benefits of deducting the interest, or other perfectly valid options. But this…
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ONEOK (OKE) raises dividend by 3.7% & authorizes $2 billion share buyback program
The board of directors of ONEOK, Inc. (NYSE: OKE) today increased its quarterly dividend to 99 cents per share, an increase of 3.7%. This increase results in an annualized dividend of $3.96 per share. The dividend is payable Feb. 14, 2024, to shareholders of record at the close of business Jan. 30, 2024. For future dividend increases, ONEOK expects…
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Fastenal Company (FAST) increases dividend by 11%, its 26th consecutive annual increase
Fastenal Company (Nasdaq:FAST) reported its board of directors declared a dividend of $0.39 per share to be paid in cash on February 29, 2024 to shareholders of record at the close of business on February 1, 2024. Except for share and per share information, dollar amounts are stated in millions. We began paying annual dividends…
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Enterprise Products Partners (EPD) raises dividend by 3%, its 25th consecutive annual increase
Enterprise Products Partners L.P. (NYSE: EPD) (“Enterprise”) announced today that the board of directors of its general partner declared a quarterly cash distribution to be paid to Enterprise common unitholders with respect to the fourth quarter of 2023 of $0.515 per unit, or $2.06 per unit on an annualized basis. The quarterly distribution will be paid Wednesday, February 14, 2024, to…
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Walgreens (WBA) cuts dividend by 48% ending 92 year streak
Walgreens Boots Alliance, Inc. (Nasdaq: WBA) today announced that its board of directors has declared a quarterly dividend of 25 cents per share, a reduction of 48 percent from the previous quarter. The dividend is payable on March 12, 2024, to stockholders of record as of Feb. 20, 2024. Chief Executive Officer Tim Wentworth said:…
