Chasing the Yield
Investing for income through dividends and distributions
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Tech companies laying off employees faster than during the pandemic
Why does the new year have to start out with bad news? 150k jobs cut in 2022. That’s nothing to sneeze at. Collectively, employers in the slumping tech sector cut more than 150,000 jobs in 2022, based on estimates from Layoffs.fyi, a website that tracks the events as they surface in media reports and company releases.…
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2022 Wrap Up
Like everyone else 2022 was not a banner year. Overall my three portfolios were down 7.1% for the year. Not too bad when you consider the S&P was down 19%, the Dow was down 8.8%, and the NASDAQ was down 33%. If I was reinvesting all my dividends I would have only been down 2.78%…
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WSJ looks at four retirees with $1 million nest egg
What’s it like to retire with about $1 million in savings? The Wall Street Journal took a look at four retirees who have between $1 million to $1.6 million in assets. It’s an interesting read if you’re in or near retirement. For retirees able to accumulate $1 million in savings, the funds translate into inflation-adjusted…
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Realty Income Corp (O) raises dividend by 0.20%
Realty Income Corporation (Realty Income, NYSE: O), The Monthly Dividend Company®, today announced its Board of Directors has declared an increase in the company’s common stock monthly cash dividend to $0.2485 per share from $0.248 per share. The dividend is payable on January 13, 2023, to stockholders of record as of January 3, 2023. This is the 118th dividend increase since Realty…
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Nucor increases dividend by 2%. It’s 50th consecutive annual increase.
The Board of Directors of Nucor Corporation (NYSE: NUE) today announced the increase of its regular quarterly cash dividend on Nucor’s common stock to $0.51 per share. This cash dividend is payable on February 10, 2023 to stockholders of record on December 30, 2022 and is Nucor’s 199th consecutive quarterly cash dividend. Nucor has increased its regular, or base, dividend for 50…
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Pembina Pipeline (PBA) announces intent to switch from monthly to quarterly dividend payouts
Some analysts say this should not affect Pembina’s dividend as it is well supported by their conservative payout ratio. It’s estimated near 60% after accounting for all capital expenditures. Subject to approval of future common share dividends by the Board of Directors, Pembina intends to move from its current practice of paying monthly dividends to…