As the month of May comes to a close, it's an opportune moment to reflect on the dividend distributions from a variety of prominent companies over the past four years. Dividends are a critical aspect of shareholder returns, often signaling a company’s financial health and its commitment to returning value to its investors.
Dividends received for the month of may are $790.45.
| 2021 | 2022 | 2023 | 2024 | Difference | |
| SBUX | 9.7 | 11.6571 | 13.44 | 14.775 | 1.335 |
| RY | 10.6 | 12.98 | 14.04 | 15.3775 | 1.3375 |
| AMP | 17.07 | 19.2 | 21.08 | 23.48 | 2.4 |
| CAT | 52.77 | 58.04 | 64.1 | 70.81 | 6.71 |
| HRL | 11.55 | 15.68 | 16.9525 | 17.98 | 1.0275 |
| ABBV | 73.85 | 86.5 | 94.4325 | 104.35 | 9.9175 |
| NNN | 3.63 | 3.88 | 4.22 | 4.58 | 0.36 |
| AGNC | 6.17 | 7.17 | 8.22 | 9.56 | 1.34 |
| DE | 23.01 | 27.07 | 32.6025 | 38.85 | 6.2475 |
| GD | 24.99 | 31.94 | 34.18 | 37.60 | 3.4225 |
| T | 53.56 | 31.27 | 30.8025 | 30.83 | 0.0275 |
| AAPL | 88.56 | 93.14 | 97.78 | 102.39 | 4.61333 |
| O | 6.26 | 7.35 | 7.95 | 8.990 | 1.0408 |
| PG | 22.95 | 26.5 | 28 | 28.51 | 0.51 |
| T | 54.48 | 30.83 | 32.65 | 34.95 | 2.3 |
| VZ | 17.52 | 47.28 | 66.98 | 82.79 | 15.81 |
| CVS | 25.38 | 28.56 | 32.18 | 37.95 | 5.77 |
| MA | 0.8 | 3.35 | 7.08 | 9.24 | 2.16 |
| SBUX | 13.23 | 16.17 | 20.42 | 26.78 | 6.36 |
| BMY | 0 | 48.88 | 52.775 | 61.9775 | 9.2025 |
| SCHW | 0 | 0 | 10.5 | 10.55 | 0.05 |
| WRK | 8.53 | 9.94 | 15.95 | 18.13 | 2.18 |
| 524.61 | 617.3871 | 706.335 | 790.4566 | 84.12166 |
Key Insights:
Overall Growth in Dividends:
- The total dividends received in May increased each year from $524.61 in 2021 to $790.46 in 2024. This represents a total increase of $265.85 over the four years.
- The average annual increase across all companies is approximately $66.46, indicating a consistent growth trend in dividends.
May Dividend Comparison: 2023 vs. 2024
In analyzing the dividends received in May from 2023 to 2024, we observe substantial changes across various companies. This year-over-year comparison highlights growth patterns and identifies companies that have increased their payouts significantly over the past year.
Key Findings:
Overall Increase in Dividends:
- The total dividends for all companies combined rose from $706.34 in May 2023 to $790.46 in May 2024. This represents an overall increase of $84.12, translating to a 11.9% growth in dividend payouts within a year.
Companies with Significant Dividend Growth:
- VZ (Verizon): Demonstrated the most notable increase in dividends, rising from $66.98 in 2023 to $82.79 in 2024, an increase of $15.81. Added shares and DRIP last few quarters showed improvement
- ABBV (AbbVie): Increased its dividend from $94.43 in 2023 to $104.35 in 2024, a rise of $9.92, or 10.5%. This substantial growth reflects AbbVie’s strong financial health and strategic dividend policy. Completely Drip enabled on this one.
- BMY (Bristol-Myers Squibb): Experienced a notable dividend increase from $52.78 in 2023 to $61.98 in 2024, up by $9.20, or 17.4%. This indicates a significant upward adjustment in their payout strategy.
- CAT (Caterpillar): Saw a growth from $64.10 in 2023 to $70.81 in 2024, a $6.71 increase, marking a 10.5% rise. Caterpillar’s consistent dividend increases highlight its stable financial performance.
Moderate Dividend Increases:
- DE (Deere & Company): Increased its dividends by $6.25, from $32.60 in 2023 to $38.85 in 2024, a 19.2% rise.
- AAPL (Apple Inc.): Grew its dividend from $97.78 in 2023 to $102.39 in 2024, an increase of $4.61, or 4.7%, showing Apple’s steady approach to dividend growth.
- GD (General Dynamics): Saw a rise of $3.42, from $34.18 in 2023 to $37.60 in 2024, a 10.0% increase, maintaining a strong dividend policy.
- CVS (CVS Health): Increased its dividend from $32.18 in 2023 to $37.95 in 2024, a growth of $5.77, or 17.9%, reflecting its solid operational performance and financial stability.
Companies with Smaller Increases:
- O (Realty Income Corporation): Grew from $7.95 in 2023 to $8.99 in 2024, a modest increase of $1.04, or 13.1%.
- PG (Procter & Gamble): Had a slight increase of $0.51, from $28.00 in 2023 to $28.51 in 2024, marking a 1.8% rise.
- NNN (National Retail Properties): Increased its dividend by $0.36, from $4.22 in 2023 to $4.58 in 2024, an 8.5% increase.
Minimal Changes:
- SCHW (Charles Schwab): Increased by only $0.05, from $10.50 in 2023 to $10.55 in 2024, showing almost no change.
- MA (Mastercard): Increased by $2.16, from $7.08 in 2023 to $9.24 in 2024, marking a 30.5% increase, albeit from a lower base.
Current Status:
- YTD Dividends Received (2024): $5,943.70
- Annual Dividend Goal for 2024: $19,500.00
- Progress Towards Goal: Approximately 30.47%
With a YTD dividend total of $5,943.70, investors have achieved about 30.47% of the annual goal of $19,500. This percentage reflects the dividends received from January to the end of May.
