Chasing the Yield

Investing for income through dividends and distributions

  • Exxon & Chevron post strong profits

    Exxon & Chevron post strong profits

    The Western world’s largest oil companies rocketed to record earnings last year as energy prices soared following Russia’s invasion of Ukraine. This year, investors fear an economic slowdown could suppress energy prices, while rising supply-chain costs have steadied at high levels. This suggests Exxon and Chevron’s cash gusher peaked last year, investors said. The oil giants still pocketed hefty…

  • Capital Southwest (CSWC) increases dividend 1.9% & announces special dividend of $0.05 per share

    Capital Southwest (CSWC) increases dividend 1.9% & announces special dividend of $0.05 per share

    Capital Southwest Corporation (“Capital Southwest,” the “Company” or “we”) (Nasdaq: CSWC), an internally managed business development company focused on providing flexible financing solutions to support the acquisition and growth of middle market businesses, is pleased to announce that its Board of Directors has declared a regular dividend of $0.54 per share and a supplemental dividend of $0.05 per share for…

  • IBM increases dividend 0.6%, its 28th consecutive annual increase

    IBM increases dividend 0.6%, its 28th consecutive annual increase

    The IBM (IBM) (NYSE: IBM) board of directors today declared an increase in the regular quarterly cash dividend to $1.66 per common share, payable June 10, 2023 to stockholders of record as of May 10, 2023. This is the 28th year in a row that IBM has increased its quarterly cash dividend. IBM has paid consecutive…

  • Sonoco announces its 40th consecutive dividend increase of 4%

    Sonoco announces its 40th consecutive dividend increase of 4%

    The Board of Directors of Sonoco (NYSE: SON) today increased its quarterly common stock dividend by approximately 4 percent to $0.51 per share from the previous quarterly distribution of $0.49 per share. This new dividend will be paid on June 9, 2023, to shareholders of record as of May 10, 2023. With this increase, Sonoco’s annualized dividend payout moves to $2.04 per share from $1.96 per…

  • Johnson & Johnson raises dividend 5.3% its 61st consecutive dividend increase

    Johnson & Johnson raises dividend 5.3% its 61st consecutive dividend increase

    Johnson & Johnson today announced that its Board of Directors has declared a 5.3% increase in the quarterly dividend, from $1.13 per share to $1.19 per share. “In recognition of our 2022 results, strong financial position, and confidence in the future of Johnson & Johnson, the Board of Directors has voted to increase the quarterly…

  • CIT Bank offers safe 4.75% yield savings account

    CIT Bank offers safe 4.75% yield savings account

    This is not a sponsored post. I’m a CIT Bank customer and received a promotional e-mail today regarding this new high yield account. I thought I’d pass it along. If you have $5,000 or more you’re looking to keep safe in an account that’s earning next to nothing. CIT Bank is offering a 4.75% APY…