tag:blogger.com,1999:blog-65876997069493338632024-03-14T01:18:06.851-05:00Passive Income PursuitPursuing Financial Independence through Dividend Growth Investing and other Passive Income.Passive Income Pursuithttp://www.blogger.com/profile/13947101854482544346noreply@blogger.comBlogger1890125tag:blogger.com,1999:blog-6587699706949333863.post-15554290607730423222024-03-06T06:00:00.062-06:002024-03-06T06:00:00.255-06:00Dividend Increase | Analog Devices $ADI #Dividend<table align="center" cellpadding="0" cellspacing="0" class="tr-caption-container" style="margin-left: auto; margin-right: auto; text-align: center;"><tbody>
<tr><td style="text-align: center;"><span style="margin-left: auto; margin-right: auto;"><font face="inherit" size="5"><img alt="Dividend | Dividend Growth | Financial Independence | Freedom | Passive Income" border="0" data-original-height="1067" data-original-width="1600" height="425" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhjaoTTAnROwgG3qqLUdNmkmR8WQs0jHH-kA0P2EI4ihti3i4xqh9fHjSDu2pf2murkHs4gFM9wP89xj1hHstOpLI_MANOngmRDIhKwpQ0CtHei8szd8Jnk5dbTR7ZwCM1i-WBn_q4EszrR/w640-h425/Dividend+Increase+Passive+Income+Pursuit.jpg" title="Analog Devices $ADI Dividend Increase February 2024" width="640"></font></span></td></tr>
<tr><td class="tr-caption" style="text-align: center;"><span style="font-family: inherit;">Getting a pay raise while sitting on the couch? Sign me up! Thanks Analog Devices for another dividend increase!</span></td></tr>
</tbody></table>
<span><font face="inherit" size="5"><br></font></span><div><span style="font-family: inherit; font-size: large;"><font><span>There's an old Chinese proverb that says "the best time to plant a tree was 20 years ago, the next best time is now". The reason for this is that it takes time for a tree to grow and prosper and for you to start reapi</span></font><span>ng its benefits. Dividend growth investing is much the same way. It takes consistent saving and investing as well as time and patience to let the power of dividend growth take hold.</span></span></div><div><font face="inherit" size="5">
<span><br></span>
<span>That's why one of my favorite things is when one of the companies I own decides to pay out more in dividends. You mean I get a pay raise just for owning a small piece of a company? </span><span>Not going and doing R&D for new products or technology. Not selling any products. Not managing any employees or inventory. Not making sales calls. All I had to do was have the foresight to invest some of my savings in </span><a href="https://seekingalpha.com/author/passive-income-pursuit" target="_blank">excellent companies</a><span>. </span><br>
</font></div><a href="https://www.passive-income-pursuit.com/2024/03/dividend-increase-analog-devices-adi.html#more">Read more »</a>Passive Income Pursuithttp://www.blogger.com/profile/13947101854482544346noreply@blogger.com0tag:blogger.com,1999:blog-6587699706949333863.post-50649525503723144472024-03-04T06:00:00.005-06:002024-03-04T06:00:00.132-06:00Dividend Increase | Walmart $WMT #Dividend<table align="center" cellpadding="0" cellspacing="0" class="tr-caption-container" style="margin-left: auto; margin-right: auto; text-align: center;"><tbody>
<tr><td style="text-align: center;"><span style="margin-left: auto; margin-right: auto;"><font face="inherit" size="5"><img alt="Dividend | Dividend Growth | Financial Independence | Freedom | Passive Income" border="0" data-original-height="1067" data-original-width="1600" height="425" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhjaoTTAnROwgG3qqLUdNmkmR8WQs0jHH-kA0P2EI4ihti3i4xqh9fHjSDu2pf2murkHs4gFM9wP89xj1hHstOpLI_MANOngmRDIhKwpQ0CtHei8szd8Jnk5dbTR7ZwCM1i-WBn_q4EszrR/w640-h425/Dividend+Increase+Passive+Income+Pursuit.jpg" title="Walmart $WMT Dividend Increase February 2024" width="640"></font></span></td></tr>
<tr><td class="tr-caption" style="text-align: center;"><span style="font-family: inherit;">Getting a pay raise while sitting on the couch? Sign me up! Thanks Walmart for another dividend increase!</span></td></tr>
</tbody></table>
<span><font face="inherit" size="5"><br></font></span><div><span style="font-family: inherit; font-size: large;"><font><span>There's an old Chinese proverb that says "the best time to plant a tree was 20 years ago, the next best time is now". The reason for this is that it takes time for a tree to grow and prosper and for you to start reapi</span></font><span>ng its benefits. Dividend growth investing is much the same way. It takes consistent saving and investing as well as time and patience to let the power of dividend growth take hold.</span></span></div><div><font face="inherit" size="5">
<span><br></span>
<span>That's why one of my favorite things is when one of the companies I own decides to pay out more in dividends. You mean I get a pay raise just for owning a small piece of a company? </span><span>Not going and doing R&D for new products or technology. Not selling any products. Not managing any employees or inventory. Not making sales calls. All I had to do was have the foresight to invest some of my savings in </span><a href="https://seekingalpha.com/author/passive-income-pursuit" target="_blank">excellent companies</a><span>. </span><br>
</font></div><a href="https://www.passive-income-pursuit.com/2024/03/dividend-increase-walmart-wmt-dividend.html#more">Read more »</a>Passive Income Pursuithttp://www.blogger.com/profile/13947101854482544346noreply@blogger.com0tag:blogger.com,1999:blog-6587699706949333863.post-44568263209565005702024-03-01T06:00:00.065-06:002024-03-01T06:00:00.130-06:00Dividend Increase | Sherwin Williams $SHW #Dividend<table align="center" cellpadding="0" cellspacing="0" class="tr-caption-container" style="margin-left: auto; margin-right: auto; text-align: center;"><tbody>
<tr><td style="text-align: center;"><span style="margin-left: auto; margin-right: auto;"><font face="inherit" size="5"><img alt="Dividend | Dividend Growth | Financial Independence | Freedom | Passive Income" border="0" data-original-height="1067" data-original-width="1600" height="425" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhjaoTTAnROwgG3qqLUdNmkmR8WQs0jHH-kA0P2EI4ihti3i4xqh9fHjSDu2pf2murkHs4gFM9wP89xj1hHstOpLI_MANOngmRDIhKwpQ0CtHei8szd8Jnk5dbTR7ZwCM1i-WBn_q4EszrR/w640-h425/Dividend+Increase+Passive+Income+Pursuit.jpg" title="Sherwin Williams $SHW Dividend Increase February 2024" width="640"></font></span></td></tr>
<tr><td class="tr-caption" style="text-align: center;"><span style="font-family: inherit;">Getting a pay raise while sitting on the couch? Sign me up! Thanks Sherwin Williams for another dividend increase!</span></td></tr>
</tbody></table>
<span><font face="inherit" size="5"><br></font></span><div><span style="font-family: inherit; font-size: large;"><font><span>There's an old Chinese proverb that says "the best time to plant a tree was 20 years ago, the next best time is now". The reason for this is that it takes time for a tree to grow and prosper and for you to start reapi</span></font><span>ng its benefits. Dividend growth investing is much the same way. It takes consistent saving and investing as well as time and patience to let the power of dividend growth take hold.</span></span></div><div><font face="inherit" size="5">
<span><br></span>
<span>That's why one of my favorite things is when one of the companies I own decides to pay out more in dividends. You mean I get a pay raise just for owning a small piece of a company? </span><span>Not going and doing R&D for new products or technology. Not selling any products. Not managing any employees or inventory. Not making sales calls. All I had to do was have the foresight to invest some of my savings in </span><a href="https://seekingalpha.com/author/passive-income-pursuit" target="_blank">excellent companies</a><span>. </span><br>
</font></div><a href="https://www.passive-income-pursuit.com/2024/03/dividend-increase-sherwin-williams-shw.html#more">Read more »</a>Passive Income Pursuithttp://www.blogger.com/profile/13947101854482544346noreply@blogger.com0tag:blogger.com,1999:blog-6587699706949333863.post-40247558314566387462024-02-29T06:00:00.063-06:002024-02-29T06:00:00.288-06:00Dividend Increase | Home Depot $HD #Dividend<table align="center" cellpadding="0" cellspacing="0" class="tr-caption-container" style="margin-left: auto; margin-right: auto; text-align: center;"><tbody>
<tr><td style="text-align: center;"><span style="margin-left: auto; margin-right: auto;"><font face="inherit" size="5"><img alt="Dividend | Dividend Growth | Financial Independence | Freedom | Passive Income" border="0" data-original-height="1067" data-original-width="1600" height="425" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhjaoTTAnROwgG3qqLUdNmkmR8WQs0jHH-kA0P2EI4ihti3i4xqh9fHjSDu2pf2murkHs4gFM9wP89xj1hHstOpLI_MANOngmRDIhKwpQ0CtHei8szd8Jnk5dbTR7ZwCM1i-WBn_q4EszrR/w640-h425/Dividend+Increase+Passive+Income+Pursuit.jpg" title="Home Depot $HD Dividend Increase February 2024" width="640"></font></span></td></tr>
<tr><td class="tr-caption" style="text-align: center;"><span style="font-family: inherit;">Getting a pay raise while sitting on the couch? Sign me up! Thanks Home Depot for another dividend increase!</span></td></tr>
</tbody></table>
<span><font face="inherit" size="5"><br></font></span><div><span style="font-family: inherit; font-size: large;"><font><span>There's an old Chinese proverb that says "the best time to plant a tree was 20 years ago, the next best time is now". The reason for this is that it takes time for a tree to grow and prosper and for you to start reapi</span></font><span>ng its benefits. Dividend growth investing is much the same way. It takes consistent saving and investing as well as time and patience to let the power of dividend growth take hold.</span></span></div><div><font face="inherit" size="5">
<span><br></span>
<span>That's why one of my favorite things is when one of the companies I own decides to pay out more in dividends. You mean I get a pay raise just for owning a small piece of a company? </span><span>Not going and doing R&D for new products or technology. Not selling any products. Not managing any employees or inventory. Not making sales calls. All I had to do was have the foresight to invest some of my savings in </span><a href="https://seekingalpha.com/author/passive-income-pursuit" target="_blank">excellent companies</a><span>. </span><br>
</font></div><a href="https://www.passive-income-pursuit.com/2024/02/dividend-increase-home-depot-hd-dividend.html#more">Read more »</a>Passive Income Pursuithttp://www.blogger.com/profile/13947101854482544346noreply@blogger.com0tag:blogger.com,1999:blog-6587699706949333863.post-10313023614405254712024-02-28T06:00:00.069-06:002024-02-28T06:00:00.143-06:00Dividend Increase | Coca-Cola $KO #Dividend<table align="center" cellpadding="0" cellspacing="0" class="tr-caption-container" style="margin-left: auto; margin-right: auto; text-align: center;"><tbody>
<tr><td style="text-align: center;"><span style="margin-left: auto; margin-right: auto;"><font face="inherit" size="5"><img alt="Dividend | Dividend Growth | Financial Independence | Freedom | Passive Income" border="0" data-original-height="1067" data-original-width="1600" height="425" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhjaoTTAnROwgG3qqLUdNmkmR8WQs0jHH-kA0P2EI4ihti3i4xqh9fHjSDu2pf2murkHs4gFM9wP89xj1hHstOpLI_MANOngmRDIhKwpQ0CtHei8szd8Jnk5dbTR7ZwCM1i-WBn_q4EszrR/w640-h425/Dividend+Increase+Passive+Income+Pursuit.jpg" title="Coca-Cola $KO Dividend Increase February 2024" width="640"></font></span></td></tr>
<tr><td class="tr-caption" style="text-align: center;"><span style="font-family: inherit;">Getting a pay raise while sitting on the couch? Sign me up! Thanks Coca-Cola for another dividend increase!</span></td></tr>
</tbody></table>
<span><font face="inherit" size="5"><br></font></span><div><span style="font-family: inherit; font-size: large;"><font><span>There's an old Chinese proverb that says "the best time to plant a tree was 20 years ago, the next best time is now". The reason for this is that it takes time for a tree to grow and prosper and for you to start reapi</span></font><span>ng its benefits. Dividend growth investing is much the same way. It takes consistent saving and investing as well as time and patience to let the power of dividend growth take hold.</span></span></div><div><font face="inherit" size="5">
<span><br></span>
<span>That's why one of my favorite things is when one of the companies I own decides to pay out more in dividends. You mean I get a pay raise just for owning a small piece of a company? </span><span>Not going and doing R&D for new products or technology. Not selling any products. Not managing any employees or inventory. Not making sales calls. All I had to do was have the foresight to invest some of my savings in </span><a href="https://seekingalpha.com/author/passive-income-pursuit" target="_blank">excellent companies</a><span>. </span><br>
</font></div><a href="https://www.passive-income-pursuit.com/2024/02/dividend-increase-coca-cola-ko-dividend.html#more">Read more »</a>Passive Income Pursuithttp://www.blogger.com/profile/13947101854482544346noreply@blogger.com0tag:blogger.com,1999:blog-6587699706949333863.post-30378020955278780062024-02-26T06:30:00.069-06:002024-02-26T06:30:00.138-06:00Dividend Increase | Cisco $CSCO #Dividend<table align="center" cellpadding="0" cellspacing="0" class="tr-caption-container" style="margin-left: auto; margin-right: auto; text-align: center;"><tbody>
<tr><td style="text-align: center;"><span style="margin-left: auto; margin-right: auto;"><font face="inherit" size="5"><img alt="Dividend | Dividend Growth | Financial Independence | Freedom | Passive Income" border="0" data-original-height="1067" data-original-width="1600" height="425" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhjaoTTAnROwgG3qqLUdNmkmR8WQs0jHH-kA0P2EI4ihti3i4xqh9fHjSDu2pf2murkHs4gFM9wP89xj1hHstOpLI_MANOngmRDIhKwpQ0CtHei8szd8Jnk5dbTR7ZwCM1i-WBn_q4EszrR/w640-h425/Dividend+Increase+Passive+Income+Pursuit.jpg" title="Cisco $CSCO Dividend Increase February 2024" width="640"></font></span></td></tr>
<tr><td class="tr-caption" style="text-align: center;"><span style="font-family: inherit;">Getting a pay raise while sitting on the couch? Sign me up! Thanks Cisco for another dividend increase!</span></td></tr>
</tbody></table>
<span><font face="inherit" size="5"><br></font></span><div><span style="font-family: inherit; font-size: large;"><font><span>There's an old Chinese proverb that says "the best time to plant a tree was 20 years ago, the next best time is now". The reason for this is that it takes time for a tree to grow and prosper and for you to start reapi</span></font><span>ng its benefits. Dividend growth investing is much the same way. It takes consistent saving and investing as well as time and patience to let the power of dividend growth take hold.</span></span></div><div><font face="inherit" size="5">
<span><br></span>
<span>That's why one of my favorite things is when one of the companies I own decides to pay out more in dividends. You mean I get a pay raise just for owning a small piece of a company? </span><span>Not going and doing R&D for new products or technology. Not selling any products. Not managing any employees or inventory. Not making sales calls. All I had to do was have the foresight to invest some of my savings in </span><a href="https://seekingalpha.com/author/passive-income-pursuit" target="_blank">excellent companies</a><span>. </span><br>
</font></div><a href="https://www.passive-income-pursuit.com/2024/02/dividend-increase-cisco-csco-dividend.html#more">Read more »</a>Passive Income Pursuithttp://www.blogger.com/profile/13947101854482544346noreply@blogger.com1tag:blogger.com,1999:blog-6587699706949333863.post-54724527030952517442024-02-23T06:00:00.077-06:002024-02-23T06:00:00.277-06:00Dividend Increase | PepsiCo $PEP #Dividend<table align="center" cellpadding="0" cellspacing="0" class="tr-caption-container" style="margin-left: auto; margin-right: auto; text-align: center;"><tbody>
<tr><td style="text-align: center;"><span style="margin-left: auto; margin-right: auto;"><font face="inherit" size="5"><img alt="Dividend | Dividend Growth | Financial Independence | Freedom | Passive Income" border="0" data-original-height="1067" data-original-width="1600" height="425" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhjaoTTAnROwgG3qqLUdNmkmR8WQs0jHH-kA0P2EI4ihti3i4xqh9fHjSDu2pf2murkHs4gFM9wP89xj1hHstOpLI_MANOngmRDIhKwpQ0CtHei8szd8Jnk5dbTR7ZwCM1i-WBn_q4EszrR/w640-h425/Dividend+Increase+Passive+Income+Pursuit.jpg" title="PepsiCo $PEP Dividend Increase February 2024" width="640"></font></span></td></tr>
<tr><td class="tr-caption" style="text-align: center;"><span style="font-family: inherit;">Getting a pay raise while sitting on the couch? Sign me up! Thanks PepsiCo for another dividend increase!</span></td></tr>
</tbody></table>
<span><font face="inherit" size="5"><br></font></span><div><span style="font-family: inherit; font-size: large;"><font><span>There's an old Chinese proverb that says "the best time to plant a tree was 20 years ago, the next best time is now". The reason for this is that it takes time for a tree to grow and prosper and for you to start reapi</span></font><span>ng its benefits. Dividend growth investing is much the same way. It takes consistent saving and investing as well as time and patience to let the power of dividend growth take hold.</span></span></div><div><font face="inherit" size="5">
<span><br></span>
<span>That's why one of my favorite things is when one of the companies I own decides to pay out more in dividends. You mean I get a pay raise just for owning a small piece of a company? </span><span>Not going and doing R&D for new products or technology. Not selling any products. Not managing any employees or inventory. Not making sales calls. All I had to do was have the foresight to invest some of my savings in </span><a href="https://seekingalpha.com/author/passive-income-pursuit" target="_blank">excellent companies</a><span>. </span><br>
</font></div><a href="https://www.passive-income-pursuit.com/2024/02/dividend-increase-pepsico-pep-dividend.html#more">Read more »</a>Passive Income Pursuithttp://www.blogger.com/profile/13947101854482544346noreply@blogger.com0tag:blogger.com,1999:blog-6587699706949333863.post-64131171127351321762024-02-21T06:00:00.074-06:002024-02-21T06:00:00.135-06:00Dividend Increase | Hershey $HSY #Dividend<table align="center" cellpadding="0" cellspacing="0" class="tr-caption-container" style="margin-left: auto; margin-right: auto; text-align: center;"><tbody>
<tr><td style="text-align: center;"><span style="margin-left: auto; margin-right: auto;"><font face="inherit" size="5"><img alt="Dividend | Dividend Growth | Financial Independence | Freedom | Passive Income" border="0" data-original-height="1067" data-original-width="1600" height="425" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhjaoTTAnROwgG3qqLUdNmkmR8WQs0jHH-kA0P2EI4ihti3i4xqh9fHjSDu2pf2murkHs4gFM9wP89xj1hHstOpLI_MANOngmRDIhKwpQ0CtHei8szd8Jnk5dbTR7ZwCM1i-WBn_q4EszrR/w640-h425/Dividend+Increase+Passive+Income+Pursuit.jpg" title="Hershey $HSY Dividend Increase February 2024" width="640"></font></span></td></tr>
<tr><td class="tr-caption" style="text-align: center;"><span style="font-family: inherit;">Getting a pay raise while sitting on the couch? Sign me up! Thanks Hershey for another dividend increase!</span></td></tr>
</tbody></table>
<span><font face="inherit" size="5"><br></font></span><div><span style="font-family: inherit; font-size: large;"><font><span>There's an old Chinese proverb that says "the best time to plant a tree was 20 years ago, the next best time is now". The reason for this is that it takes time for a tree to grow and prosper and for you to start reapi</span></font><span>ng its benefits. Dividend growth investing is much the same way. It takes consistent saving and investing as well as time and patience to let the power of dividend growth take hold.</span></span></div><div><font face="inherit" size="5">
<span><br></span>
<span>That's why one of my favorite things is when one of the companies I own decides to pay out more in dividends. You mean I get a pay raise just for owning a small piece of a company? </span><span>Not going and doing R&D for new products or technology. Not selling any products. Not managing any employees or inventory. Not making sales calls. All I had to do was have the foresight to invest some of my savings in </span><a href="https://seekingalpha.com/author/passive-income-pursuit" target="_blank">excellent companies</a><span>. </span><br>
</font></div><a href="https://www.passive-income-pursuit.com/2024/02/dividend-increase-hershey-hsy-dividend.html#more">Read more »</a>Passive Income Pursuithttp://www.blogger.com/profile/13947101854482544346noreply@blogger.com0tag:blogger.com,1999:blog-6587699706949333863.post-42006386412573822422024-02-19T06:00:00.001-06:002024-02-19T06:00:00.262-06:00Dividend Increase | CME Group $CME #Dividend<table align="center" cellpadding="0" cellspacing="0" class="tr-caption-container" style="margin-left: auto; margin-right: auto; text-align: center;"><tbody>
<tr><td style="text-align: center;"><span style="margin-left: auto; margin-right: auto;"><font face="inherit" size="5"><img alt="Dividend | Dividend Growth | Financial Independence | Freedom | Passive Income" border="0" data-original-height="1067" data-original-width="1600" height="425" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhjaoTTAnROwgG3qqLUdNmkmR8WQs0jHH-kA0P2EI4ihti3i4xqh9fHjSDu2pf2murkHs4gFM9wP89xj1hHstOpLI_MANOngmRDIhKwpQ0CtHei8szd8Jnk5dbTR7ZwCM1i-WBn_q4EszrR/w640-h425/Dividend+Increase+Passive+Income+Pursuit.jpg" title="CME Group $CME Dividend Increase February 2024" width="640"></font></span></td></tr>
<tr><td class="tr-caption" style="text-align: center;"><span style="font-family: inherit;">Getting a pay raise while sitting on the couch? Sign me up! Thanks CME Group for another dividend increase!</span></td></tr>
</tbody></table>
<span><font face="inherit" size="5"><br></font></span><div><span style="font-family: inherit; font-size: large;"><font><span>There's an old Chinese proverb that says "the best time to plant a tree was 20 years ago, the next best time is now". The reason for this is that it takes time for a tree to grow and prosper and for you to start reapi</span></font><span>ng its benefits. Dividend growth investing is much the same way. It takes consistent saving and investing as well as time and patience to let the power of dividend growth take hold.</span></span></div><div><font face="inherit" size="5">
<span><br></span>
<span>That's why one of my favorite things is when one of the companies I own decides to pay out more in dividends. You mean I get a pay raise just for owning a small piece of a company? </span><span>Not going and doing R&D for new products or technology. Not selling any products. Not managing any employees or inventory. Not making sales calls. All I had to do was have the foresight to invest some of my savings in </span><a href="https://seekingalpha.com/author/passive-income-pursuit" target="_blank">excellent companies</a><span>. </span><br>
</font></div><a href="https://www.passive-income-pursuit.com/2024/02/dividend-increase-cme-group-cme-dividend.html#more">Read more »</a>Passive Income Pursuithttp://www.blogger.com/profile/13947101854482544346noreply@blogger.com0tag:blogger.com,1999:blog-6587699706949333863.post-41125355198254739882024-02-16T06:00:00.001-06:002024-02-16T06:00:00.135-06:00Dividend Increase | Intercontinental Exchange $ICE #Dividend<table align="center" cellpadding="0" cellspacing="0" class="tr-caption-container" style="margin-left: auto; margin-right: auto; text-align: center;"><tbody>
<tr><td style="text-align: center;"><span style="margin-left: auto; margin-right: auto;"><font face="inherit" size="5"><img alt="Dividend | Dividend Growth | Financial Independence | Freedom | Passive Income" border="0" data-original-height="1067" data-original-width="1600" height="425" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhjaoTTAnROwgG3qqLUdNmkmR8WQs0jHH-kA0P2EI4ihti3i4xqh9fHjSDu2pf2murkHs4gFM9wP89xj1hHstOpLI_MANOngmRDIhKwpQ0CtHei8szd8Jnk5dbTR7ZwCM1i-WBn_q4EszrR/w640-h425/Dividend+Increase+Passive+Income+Pursuit.jpg" title="Intercontinental Exchange $ICE Dividend Increase February 2024" width="640"></font></span></td></tr>
<tr><td class="tr-caption" style="text-align: center;"><span style="font-family: inherit;">Getting a pay raise while sitting on the couch? Sign me up! Thanks Intercontinental Exchange for another dividend increase!</span></td></tr>
</tbody></table>
<span><font face="inherit" size="5"><br></font></span><div><span style="font-family: inherit; font-size: large;"><font><span>There's an old Chinese proverb that says "the best time to plant a tree was 20 years ago, the next best time is now". The reason for this is that it takes time for a tree to grow and prosper and for you to start reapi</span></font><span>ng its benefits. Dividend growth investing is much the same way. It takes consistent saving and investing as well as time and patience to let the power of dividend growth take hold.</span></span></div><div><font face="inherit" size="5">
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<span>That's why one of my favorite things is when one of the companies I own decides to pay out more in dividends. You mean I get a pay raise just for owning a small piece of a company? </span><span>Not going and doing R&D for new products or technology. Not selling any products. Not managing any employees or inventory. Not making sales calls. All I had to do was have the foresight to invest some of my savings in </span><a href="https://seekingalpha.com/author/passive-income-pursuit" target="_blank">excellent companies</a><span>. </span><br>
</font></div><a href="https://www.passive-income-pursuit.com/2024/02/dividend-increase-intercontinental.html#more">Read more »</a>Passive Income Pursuithttp://www.blogger.com/profile/13947101854482544346noreply@blogger.com0tag:blogger.com,1999:blog-6587699706949333863.post-64116278878608843782024-02-14T06:00:00.063-06:002024-02-14T06:00:00.133-06:00Dividend Increase | Tractor Supply Company $TSCO #Dividend<table align="center" cellpadding="0" cellspacing="0" class="tr-caption-container" style="margin-left: auto; margin-right: auto; text-align: center;"><tbody>
<tr><td style="text-align: center;"><span style="margin-left: auto; margin-right: auto;"><font face="inherit" size="5"><img alt="Dividend | Dividend Growth | Financial Independence | Freedom | Passive Income" border="0" data-original-height="1067" data-original-width="1600" height="425" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhjaoTTAnROwgG3qqLUdNmkmR8WQs0jHH-kA0P2EI4ihti3i4xqh9fHjSDu2pf2murkHs4gFM9wP89xj1hHstOpLI_MANOngmRDIhKwpQ0CtHei8szd8Jnk5dbTR7ZwCM1i-WBn_q4EszrR/w640-h425/Dividend+Increase+Passive+Income+Pursuit.jpg" title="Tractor Supply Company $TSCO Dividend Increase February 2024" width="640"></font></span></td></tr>
<tr><td class="tr-caption" style="text-align: center;"><span style="font-family: inherit;">Getting a pay raise while sitting on the couch? Sign me up! Thanks Tractor Supply Company for another dividend increase!</span></td></tr>
</tbody></table>
<span><font face="inherit" size="5"><br></font></span><div><span style="font-family: inherit; font-size: large;"><font><span>There's an old Chinese proverb that says "the best time to plant a tree was 20 years ago, the next best time is now". The reason for this is that it takes time for a tree to grow and prosper and for you to start reapi</span></font><span>ng its benefits. Dividend growth investing is much the same way. It takes consistent saving and investing as well as time and patience to let the power of dividend growth take hold.</span></span></div><div><font face="inherit" size="5">
<span><br></span>
<span>That's why one of my favorite things is when one of the companies I own decides to pay out more in dividends. You mean I get a pay raise just for owning a small piece of a company? </span><span>Not going and doing R&D for new products or technology. Not selling any products. Not managing any employees or inventory. Not making sales calls. All I had to do was have the foresight to invest some of my savings in </span><a href="https://seekingalpha.com/author/passive-income-pursuit" target="_blank">excellent companies</a><span>. </span><br>
</font></div><a href="https://www.passive-income-pursuit.com/2024/02/dividend-increase-tractor-supply.html#more">Read more »</a>Passive Income Pursuithttp://www.blogger.com/profile/13947101854482544346noreply@blogger.com0tag:blogger.com,1999:blog-6587699706949333863.post-81030724886501909702024-02-12T06:00:00.001-06:002024-02-12T06:00:00.279-06:00Dividend Increase | Chevron $CVX #Dividend<table align="center" cellpadding="0" cellspacing="0" class="tr-caption-container" style="margin-left: auto; margin-right: auto; text-align: center;"><tbody>
<tr><td style="text-align: center;"><span style="margin-left: auto; margin-right: auto;"><font face="inherit" size="5"><img alt="Dividend | Dividend Growth | Financial Independence | Freedom | Passive Income" border="0" data-original-height="1067" data-original-width="1600" height="425" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhjaoTTAnROwgG3qqLUdNmkmR8WQs0jHH-kA0P2EI4ihti3i4xqh9fHjSDu2pf2murkHs4gFM9wP89xj1hHstOpLI_MANOngmRDIhKwpQ0CtHei8szd8Jnk5dbTR7ZwCM1i-WBn_q4EszrR/w640-h425/Dividend+Increase+Passive+Income+Pursuit.jpg" title="Chevron $CVX Dividend Increase February 2024" width="640"></font></span></td></tr>
<tr><td class="tr-caption" style="text-align: center;"><span style="font-family: inherit;">Getting a pay raise while sitting on the couch? Sign me up! Thanks Chevron for another dividend increase!</span></td></tr>
</tbody></table>
<span><font face="inherit" size="5"><br></font></span><div><span style="font-family: inherit; font-size: large;"><font><span>There's an old Chinese proverb that says "the best time to plant a tree was 20 years ago, the next best time is now". The reason for this is that it takes time for a tree to grow and prosper and for you to start reapi</span></font><span>ng its benefits. Dividend growth investing is much the same way. It takes consistent saving and investing as well as time and patience to let the power of dividend growth take hold.</span></span></div><div><font face="inherit" size="5">
<span><br></span>
<span>That's why one of my favorite things is when one of the companies I own decides to pay out more in dividends. You mean I get a pay raise just for owning a small piece of a company? </span><span>Not going and doing R&D for new products or technology. Not selling any products. Not managing any employees or inventory. Not making sales calls. All I had to do was have the foresight to invest some of my savings in </span><a href="https://seekingalpha.com/author/passive-income-pursuit" target="_blank">excellent companies</a><span>. </span><br>
</font></div><a href="https://www.passive-income-pursuit.com/2024/02/dividend-increase-chevron-cvx-dividend.html#more">Read more »</a>Passive Income Pursuithttp://www.blogger.com/profile/13947101854482544346noreply@blogger.com0tag:blogger.com,1999:blog-6587699706949333863.post-21639580144343595992024-02-09T08:00:00.001-06:002024-02-09T08:00:00.138-06:00Dividend Update - January 2024 #Dividend<font size="5"><br></font><div class="separator" style="clear: both; text-align: center;">
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<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEh6HcTweA3C8m8GSHp7JEM4CPyTyWfUS1jPR5HKurt8bQRkv111K4nuCL5LOzMNz-dr5BtABbMmfcFhSP6b-HrDmfv5Tg-2_wCpD7_o5BdE_4MCUu6bid1EUY-6IrRJDMRYAJpvPUc09gch/s1600/Dividend+Update+Passive+Income+Pursuit.jpg" style="margin-left: 1em; margin-right: 1em;"><font size="5"><img alt="dividend growth investing | financial independence | freedom | dividends" border="0" data-original-height="853" data-original-width="1280" height="426" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEh6HcTweA3C8m8GSHp7JEM4CPyTyWfUS1jPR5HKurt8bQRkv111K4nuCL5LOzMNz-dr5BtABbMmfcFhSP6b-HrDmfv5Tg-2_wCpD7_o5BdE_4MCUu6bid1EUY-6IrRJDMRYAJpvPUc09gch/w640-h426/Dividend+Update+Passive+Income+Pursuit.jpg" title="#Dividend Update - January 2024" width="640"></font></a></div>
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<span>It's the end of one month and the beginning of another so it's time for my favorite update: my dividend update. These dividend updates reflect all dividends that I receive through my investing pursuits. I hope they can help inspire you to take control of your own finances and invest to build a passive income stream. What you use that stream for is up to you, whether it's to fund </span><a href="http://www.passive-income-pursuit.com/2014/10/the-intersection-of-dividend-growth.html" target="_blank">early retirement</a><span>, just provide some FI/FU money, or even to provide for an annual vacation; the key is that it can provide options and open up all sorts of possibilities. You can check my </span><a href="http://www.passive-income-pursuit.com/p/my-portfolio_30.html" target="_blank">dividend income</a><span> or </span><a href="http://www.passive-income-pursuit.com/p/progress_8.html" target="_blank">progress</a><span> pages to see what dedication to an investment plan can give you.</span><br>
</font><a href="https://www.passive-income-pursuit.com/2024/02/dividend-update-january-2024-dividend.html#more">Read more »</a>Passive Income Pursuithttp://www.blogger.com/profile/13947101854482544346noreply@blogger.com0tag:blogger.com,1999:blog-6587699706949333863.post-54399318592579570442024-02-08T06:00:00.010-06:002024-02-08T06:00:00.131-06:00Dividend Increase | Archer Daniels Midland $ADM #Dividend<table align="center" cellpadding="0" cellspacing="0" class="tr-caption-container" style="margin-left: auto; margin-right: auto; text-align: center;"><tbody>
<tr><td style="text-align: center;"><span style="margin-left: auto; margin-right: auto;"><font face="inherit" size="5"><img alt="Dividend | Dividend Growth | Financial Independence | Freedom | Passive Income" border="0" data-original-height="1067" data-original-width="1600" height="425" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhjaoTTAnROwgG3qqLUdNmkmR8WQs0jHH-kA0P2EI4ihti3i4xqh9fHjSDu2pf2murkHs4gFM9wP89xj1hHstOpLI_MANOngmRDIhKwpQ0CtHei8szd8Jnk5dbTR7ZwCM1i-WBn_q4EszrR/w640-h425/Dividend+Increase+Passive+Income+Pursuit.jpg" title="Archer Daniels Midland $ADM Dividend Increase January 2024" width="640"></font></span></td></tr>
<tr><td class="tr-caption" style="text-align: center;"><span style="font-family: inherit;">Getting a pay raise while sitting on the couch? Sign me up! Thanks Archer Daniels Midland for another dividend increase!</span></td></tr>
</tbody></table>
<span><font face="inherit" size="5"><br></font></span><div><span style="font-family: inherit; font-size: large;"><font><span>There's an old Chinese proverb that says "the best time to plant a tree was 20 years ago, the next best time is now". The reason for this is that it takes time for a tree to grow and prosper and for you to start reapi</span></font><span>ng its benefits. Dividend growth investing is much the same way. It takes consistent saving and investing as well as time and patience to let the power of dividend growth take hold.</span></span></div><div><font face="inherit" size="5">
<span><br></span>
<span>That's why one of my favorite things is when one of the companies I own decides to pay out more in dividends. You mean I get a pay raise just for owning a small piece of a company? </span><span>Not going and doing R&D for new products or technology. Not selling any products. Not managing any employees or inventory. Not making sales calls. All I had to do was have the foresight to invest some of my savings in </span><a href="https://seekingalpha.com/author/passive-income-pursuit" target="_blank">excellent companies</a><span>. </span><br>
</font></div><a href="https://www.passive-income-pursuit.com/2024/02/dividend-increase-archer-daniels.html#more">Read more »</a>Passive Income Pursuithttp://www.blogger.com/profile/13947101854482544346noreply@blogger.com0tag:blogger.com,1999:blog-6587699706949333863.post-52183448447232698792024-01-29T06:00:00.001-06:002024-01-29T06:00:00.132-06:00Dividend Increase | Fastenal $FAST #Dividend<table align="center" cellpadding="0" cellspacing="0" class="tr-caption-container" style="margin-left: auto; margin-right: auto; text-align: center;"><tbody>
<tr><td style="text-align: center;"><span style="margin-left: auto; margin-right: auto;"><font face="inherit" size="5"><img alt="Dividend | Dividend Growth | Financial Independence | Freedom | Passive Income" border="0" data-original-height="1067" data-original-width="1600" height="425" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhjaoTTAnROwgG3qqLUdNmkmR8WQs0jHH-kA0P2EI4ihti3i4xqh9fHjSDu2pf2murkHs4gFM9wP89xj1hHstOpLI_MANOngmRDIhKwpQ0CtHei8szd8Jnk5dbTR7ZwCM1i-WBn_q4EszrR/w640-h425/Dividend+Increase+Passive+Income+Pursuit.jpg" title="Fastenal $FAST Dividend Increase January 2024" width="640"></font></span></td></tr>
<tr><td class="tr-caption" style="text-align: center;"><span style="font-family: inherit;">Getting a pay raise while sitting on the couch? Sign me up! Thanks Fastenal for another dividend increase!</span></td></tr>
</tbody></table>
<span><font face="inherit" size="5"><br></font></span><div><span style="font-family: inherit; font-size: large;"><font><span>There's an old Chinese proverb that says "the best time to plant a tree was 20 years ago, the next best time is now". The reason for this is that it takes time for a tree to grow and prosper and for you to start reapi</span></font><span>ng its benefits. Dividend growth investing is much the same way. It takes consistent saving and investing as well as time and patience to let the power of dividend growth take hold.</span></span></div><div><font face="inherit" size="5">
<span><br></span>
<span>That's why one of my favorite things is when one of the companies I own decides to pay out more in dividends. You mean I get a pay raise just for owning a small piece of a company? </span><span>Not going and doing R&D for new products or technology. Not selling any products. Not managing any employees or inventory. Not making sales calls. All I had to do was have the foresight to invest some of my savings in </span><a href="https://seekingalpha.com/author/passive-income-pursuit" target="_blank">excellent companies</a><span>. </span><br>
</font></div><a href="https://www.passive-income-pursuit.com/2024/01/dividend-increase-fastenal-fast-dividend.html#more">Read more »</a>Passive Income Pursuithttp://www.blogger.com/profile/13947101854482544346noreply@blogger.com0tag:blogger.com,1999:blog-6587699706949333863.post-78211548386109884502024-01-25T06:00:00.005-06:002024-01-25T06:00:00.136-06:00Dividend Increase | BlackRock $BLK #Dividend<table align="center" cellpadding="0" cellspacing="0" class="tr-caption-container" style="margin-left: auto; margin-right: auto; text-align: center;"><tbody>
<tr><td style="text-align: center;"><span style="margin-left: auto; margin-right: auto;"><font face="inherit" size="5"><img alt="Dividend | Dividend Growth | Financial Independence | Freedom | Passive Income" border="0" data-original-height="1067" data-original-width="1600" height="425" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhjaoTTAnROwgG3qqLUdNmkmR8WQs0jHH-kA0P2EI4ihti3i4xqh9fHjSDu2pf2murkHs4gFM9wP89xj1hHstOpLI_MANOngmRDIhKwpQ0CtHei8szd8Jnk5dbTR7ZwCM1i-WBn_q4EszrR/w640-h425/Dividend+Increase+Passive+Income+Pursuit.jpg" title="BlackRock $BLK Dividend Increase January 2024" width="640"></font></span></td></tr>
<tr><td class="tr-caption" style="text-align: center;"><span style="font-family: inherit;">Getting a pay raise while sitting on the couch? Sign me up! Thanks BlackRock for another dividend increase!</span></td></tr>
</tbody></table>
<span><font face="inherit" size="5"><br></font></span><div><span style="font-family: inherit; font-size: large;"><font><span>There's an old Chinese proverb that says "the best time to plant a tree was 20 years ago, the next best time is now". The reason for this is that it takes time for a tree to grow and prosper and for you to start reapi</span></font><span>ng its benefits. Dividend growth investing is much the same way. It takes consistent saving and investing as well as time and patience to let the power of dividend growth take hold.</span></span></div><div><font face="inherit" size="5">
<span><br></span>
<span>That's why one of my favorite things is when one of the companies I own decides to pay out more in dividends. You mean I get a pay raise just for owning a small piece of a company? </span><span>Not going and doing R&D for new products or technology. Not selling any products. Not managing any employees or inventory. Not making sales calls. All I had to do was have the foresight to invest some of my savings in </span><a href="https://seekingalpha.com/author/passive-income-pursuit" target="_blank">excellent companies</a><span>. </span><br>
</font></div><a href="https://www.passive-income-pursuit.com/2024/01/dividend-increase-blackrock-blk-dividend.html#more">Read more »</a>Passive Income Pursuithttp://www.blogger.com/profile/13947101854482544346noreply@blogger.com0tag:blogger.com,1999:blog-6587699706949333863.post-8148592618355235402024-01-22T06:00:00.009-06:002024-01-22T06:00:00.251-06:00Dividend Growth Checkup - 2023 #Dividend #DividendGrowth<div class="separator"><span style="font-size: large;"> <a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEh9FwC9-nxCXXrjk1bT0PXnaAGP1_lgIUMzM3whiz_XTX1ynTVxnfN7zXdVjf9MsPSlwsQwckdrjBdZ6jrCrqUuNMmpj65ReJumZIuumU3VpZ_L1mlBveqlonheVAhy1tD_pCmqLZeK5bZ_CG6vUU37YtqpE3b6_Cmr3Xf2MwDg2cwEYfJ2nNryBoEjy5s4/s1280/pexels-engin-akyurt-13088178.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em; text-align: center;"><img alt="#Dividends #dividendgrowthinvesting" border="0" data-original-height="960" data-original-width="1280" height="480" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEh9FwC9-nxCXXrjk1bT0PXnaAGP1_lgIUMzM3whiz_XTX1ynTVxnfN7zXdVjf9MsPSlwsQwckdrjBdZ6jrCrqUuNMmpj65ReJumZIuumU3VpZ_L1mlBveqlonheVAhy1tD_pCmqLZeK5bZ_CG6vUU37YtqpE3b6_Cmr3Xf2MwDg2cwEYfJ2nNryBoEjy5s4/w640-h480/pexels-engin-akyurt-13088178.jpg" title="Dividend Growth Checkup - 2023" width="640" /></a></span></div><span style="font-size: large;"><br /><span style="font-family: inherit;">And just like that 2023 has come to a close. It's hard to believe that another year has already passed us by and 2024 is well on its way. The turning of the calendar to a new year is typically a time of both reflection and planning. While this is very much a historical analysis, it helps to put things in context around where our portfolio has been in order to formulate a game plan for where we want it to go as well as how we want to get there.</span></span><div><span style="font-size: large;"><span style="font-family: inherit;"><br /></span></span></div><div><span style="font-size: large;"><span style="font-family: inherit;">While 2023 definitely could have gone better, complaints would fall on deaf ears and we can't change the past anyways. </span></span></div><div><span style="font-size: large;"><span style="font-family: inherit;"><br /></span></span></div><div><span style="font-size: large;"><span style="font-family: inherit;">The big news for 2023 was that my wife and I welcomed our 4th child into this world. Another daughter! Yep that's 4! Help me!</span></span></div><div><span style="font-size: large;"><span style="font-family: inherit;"><br /></span></span></div><div><span style="font-size: large;"><span style="font-family: inherit;">With the knowledge of another child on the way we stepped back from aggressively investing into our portfolio and preferred cash. We're also contemplating other potential investments that would be a big lifestyle change.<br /><br />The majority of my investments are in what would be considered as dividend growth stocks. Companies that have consistently paid and grown their dividend payment to shareholders over time. The strategy appealed to me because it helps to keep me focused on the underlying business as well as my expectations moving forward rather that what Mr. Market is willing to buy or sell shares at today. <br /><br />It's been scary at times as there's a lot of unknowns and the last few years alone have brought about a global pandemic, a supply chain crisis, war in Europe, a spike in inflation, and countless other issues. However, I sleep well at night as my dividends continue to churn higher, sometimes slower than I'd like, year after year as the businesses I own navigate the crisis du jour and hopefully come out stronger on the other side.</span></span><div><h2 style="text-align: left;"><span style="font-family: inherit; font-size: large;"><b>Forward Dividends by Sector</b></span></h2><span style="font-family: inherit; font-size: large;"><span>I don't have a strict sector weighting plan; rather I keep more of a rough guideline in the back of my mind. However, instead of selling to reduce exposure to overweight sectors I prefer to tackle the sector exposure issue through additional savings and investments.</span><br /><br /><span>Compared to the end of 2022 my forward dividends for this account ended up 7.4% higher. This was a marked decline in growth, albeit still growth, compared to 2022's 18.5% rise; however, considering that very little capital was added to the account during the year the results were still pretty solid.</span></span></div><div><span style="font-family: inherit; font-size: large;"><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiOK_XuGX68j7JDJ4U0Hu5uxYG574fC0sHk3AWoQLaAMvS0fzbgYpYzRBOauM8XUXxhV0eKxslaEQFWsAlViJ2D0DgJEMujrTXiPvIoD4mbWLHRezloPYw9MeNF3pAQHI0WqdZNu4UxHe1s_JiznsTLBDTMXGE_PKZRGH5B9XZeGszNBQ8VGKzil0n0556M/s755/Forward%20Dividends%20by%20Sector.png" style="margin-left: 1em; margin-right: 1em;"><img alt="#Dividends #dividendgrowthinvesting" border="0" data-original-height="445" data-original-width="755" height="378" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiOK_XuGX68j7JDJ4U0Hu5uxYG574fC0sHk3AWoQLaAMvS0fzbgYpYzRBOauM8XUXxhV0eKxslaEQFWsAlViJ2D0DgJEMujrTXiPvIoD4mbWLHRezloPYw9MeNF3pAQHI0WqdZNu4UxHe1s_JiznsTLBDTMXGE_PKZRGH5B9XZeGszNBQ8VGKzil0n0556M/w640-h378/Forward%20Dividends%20by%20Sector.png" title="Forward Dividends by Sector" width="640" /></a></div></span></div><div><span style="font-size: large;"><br /></span></div><div><span style="font-family: inherit; font-size: large;"><span>Every sector except for utilities saw an increase in 2023 which was dragged lower by the dividend cut from Algonquin Power & Utilities (AQN</span><span>). The technology sector saw the largest increase in percentage terms; however, the consumer discretionary sector was the largest dollar-wise.</span></span></div><div><span style="font-family: inherit; font-size: large;"><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjJ10huYz8IGz7_2tKpyifcvzC0ssVTHDewzgguq1eYP2gTHSzh8BsBXbr-7EzVDD1MiMlQVJ4tIfNIrY0GVhQCf7g5b5RcQRWUQRvsm9dDaaZ5YIpkxrYwLxUjJitAtzr0jGQ7p1FZnSJ2d0kVOTnqQ0t1EjusR1TPLgIZvLP2WtP3YrNyYvEPLqV4nDlJ/s836/Forward%20Dividends%20by%20Sector.png" style="margin-left: 1em; margin-right: 1em;"><img alt="#Dividends #dividendgrowthinvesting" border="0" data-original-height="572" data-original-width="836" height="438" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjJ10huYz8IGz7_2tKpyifcvzC0ssVTHDewzgguq1eYP2gTHSzh8BsBXbr-7EzVDD1MiMlQVJ4tIfNIrY0GVhQCf7g5b5RcQRWUQRvsm9dDaaZ5YIpkxrYwLxUjJitAtzr0jGQ7p1FZnSJ2d0kVOTnqQ0t1EjusR1TPLgIZvLP2WtP3YrNyYvEPLqV4nDlJ/w640-h438/Forward%20Dividends%20by%20Sector.png" title="Forward Dividends by Sector 2023" width="640" /></a></div></span></div><div><span style="font-size: large;"><br /></span></div><div><span style="font-size: large;"><br /></span></div><div><span style="font-family: inherit; font-size: large;"><span>The sector weightings aren't uber critical to me as many businesses fall into several categories. For example does Realty Income (</span>O<span>) fall under real estate or consumer discretionary or consumer staples, arguably it could be divided into all three. Same thing with Visa (</span>V<span>): is that financials or technology?</span></span></div><div><span style="font-family: inherit; font-size: large;"><br /></span></div><div><span style="font-family: inherit; font-size: large;">None of the sector weightings showed any significant deviation compared to the end of 2022. The largest change was only a 1.0% departure so there was definitely no meaningful adjustments made during 2023.<br /><br /><span>The consumer staples sector is the only one that I feel is really out of sorts for me; however, that's largely due to the premium that is typically placed on companies in those sectors. It's one of the few sectors that I'd like to increase my exposure too; however, I'm not going to go out of my way to do so.</span><span><br /></span></span></div><div><h2 style="text-align: left;"><span style="font-family: inherit; font-size: large;"><span><b>Dividend Clubs</b></span></span></h2><span style="font-family: inherit; font-size: large;"><span>Each year I like to examine my holdings to see how many provide different thresholds of annual dividends. I consider each level as its own "Dividend Club" based on the milestone level of dividends. In order to join one of the Dividend Clubs, the position needs to provide at least that level of forward dividends with the unique members being those that are capped out within that level.</span></span></div><div><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhA2Eayi51atqcSRLZBGOkCEFdB_mfJZXnCXKFMCach_OnonZP-64AUjAIzcAT37MPH6nyFreD3yWpnOdSqJoSQqp_fsio2z2rpZmReSBGT2LSDcwrtZ04W-VZkS-RPu-DywYPn3G7tMJR4AUdJBEHd2GaXKvfuLHUfamqk2UkJMKK9Rd3ylcoEBwQk-L7e/s284/Dividend%20Clubs.png" style="margin-left: 1em; margin-right: 1em;"><span style="font-size: large;"><img alt="#Dividends #dividendgrowthinvesting" border="0" data-original-height="208" data-original-width="284" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhA2Eayi51atqcSRLZBGOkCEFdB_mfJZXnCXKFMCach_OnonZP-64AUjAIzcAT37MPH6nyFreD3yWpnOdSqJoSQqp_fsio2z2rpZmReSBGT2LSDcwrtZ04W-VZkS-RPu-DywYPn3G7tMJR4AUdJBEHd2GaXKvfuLHUfamqk2UkJMKK9Rd3ylcoEBwQk-L7e/s16000/Dividend%20Clubs.png" title="Dividend Clubs" /></span></a></div></div><div><span style="font-family: inherit; font-size: large;"><br /><span>The total members represents the total number of positions that I own that pay at least that level of annual dividends. While the unique members are those companies that pay annual dividends between that level and the next level higher.</span><br /><br /><span>One of my goals for 2023 was to focus more on building up the size of positions. However, as life likes to do we stopped pushing all savings towards our portfolio with a preference to build up larger cash reserves as we adjusted to welcoming our 4th child into this world.</span><br /><br /><span>The $50 Club increased by 1 member compared to 2022 and now sits at 55 total members and 10 unique members.</span><br /><br /><span>The $100 Club rose by 2 members as well with 45 total members and 23 unique members.</span><br /><br /><span>The $200 Club saw no change in total members throughout 2023 with 22 total members and 8 unique members.</span><br /><br /><span>The $300 Club gained 2 members during the year bringing the total count to 14 with the unique members at 8.</span><br /><br /><span>Even though there's not a large member count in the next 4 levels it's encouraging to see what time, patience, and consistency has brought.</span><br /><br /><span>The $400 Club is up to 6 total members, an increase of 3 compared to 2022 and the largest member count among the club levels, with the unique member count rising to 4.</span><br /><br /><span>The $500 Club remained at 2 total members and 1 unique member.</span><br /><br /><span>There's no unique members in the $600 or $700 Club; however, the $800 Club was opened during 2023 with continued re-investment and dividend growth from Altria (</span>MO<span>).</span><br /><br /><span>Looking ahead to 2024 assuming modest dividend growth and reinvestment yields, I would expect the $400 Club to gain 1 members, the $300 Club to gain 1 member, and the $200 Club to gain 1-2 members. That's before accounting for additional fresh capital being deployed although with 3 kids in daycare I don't even know what that is.</span></span></div><div><h2 style="text-align: left;"><span style="font-size: large;"><span style="font-family: inherit;"><span><b>Top 10 Holdings by Forward Dividends</b></span></span></span></h2><span style="font-size: large;"><span style="font-family: inherit;"><span>My forward dividends are heavily weighted towards a handful of positions. That's partly by design and also due to many of the companies I'm invested in carrying meager dividend yields but that come with the potential for much faster dividend growth and capital gain potential. My top fifteen positions, by forward dividends, account for right around 50% of my expected 2023 dividends.</span></span></span></div><div><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhKTY9-uatzWlraEKcufXVnofaU6PjhflOFqs8lkzycKVatxCjCAPmA2q8cD3jyuRYNKqu2v6XzVVpd9cOLUnodkfEJ6avbrh5kht67A3L-hJQyJRSM_SnYtRf5K44hunKk_a_tmutbTo59NgapFAulcI-T4EeS_sGoFQkkOU0i4BzlmLyLZkwVLbaHjyix/s836/Forward%20Dividends%20by%20Position.png" style="margin-left: 1em; margin-right: 1em;"><span style="font-size: large;"><img alt="#Dividends #dividendgrowthinvesting" border="0" data-original-height="496" data-original-width="836" height="380" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhKTY9-uatzWlraEKcufXVnofaU6PjhflOFqs8lkzycKVatxCjCAPmA2q8cD3jyuRYNKqu2v6XzVVpd9cOLUnodkfEJ6avbrh5kht67A3L-hJQyJRSM_SnYtRf5K44hunKk_a_tmutbTo59NgapFAulcI-T4EeS_sGoFQkkOU0i4BzlmLyLZkwVLbaHjyix/w640-h380/Forward%20Dividends%20by%20Position.png" title="Forward Dividends by Position" width="640" /></span></a></div></div><div><span style="font-size: large;"><span style="font-family: inherit;"><br /><span>The Top 10 holdings by dividends account for 38.2% of my forward dividends at end of year 2023. That was a modest increase in the Top 10 weighting from 2022 at 37.6%. </span></span></span></div><div><span style="font-size: large;"><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEh7C7T-REB4ho7pf6un9HqtE2iZyCYd_V0J0H38Dj0pys-ybrvioUoz7ldRlBCXNynoDJ0GV7c2XFVchuE3F0RwQrqLLSFb2_lxzZyMsvFIm09n-I5qXabQwpnIbMQxNTIdYx0hejZHk86dzbiRQyE885OgAWQWWM2Y3FejUCyz6b40vvxyLjw-qNtIR8kb/s363/Top%2010%20Holdings.png" style="margin-left: 1em; margin-right: 1em;"><img alt="#Dividends #dividendgrowthinvesting" border="0" data-original-height="290" data-original-width="363" height="256" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEh7C7T-REB4ho7pf6un9HqtE2iZyCYd_V0J0H38Dj0pys-ybrvioUoz7ldRlBCXNynoDJ0GV7c2XFVchuE3F0RwQrqLLSFb2_lxzZyMsvFIm09n-I5qXabQwpnIbMQxNTIdYx0hejZHk86dzbiRQyE885OgAWQWWM2Y3FejUCyz6b40vvxyLjw-qNtIR8kb/w320-h256/Top%2010%20Holdings.png" title="Top 10 Holdings by Dividends" width="320" /></a></div></span></div><div><span style="font-size: large;"><span style="font-family: inherit;"><br /><span>There was some minor shuffling among the top 10 constituents. The Top 6 positions all remained steady; however, ExxonMobil (XOM) dropped from the Top 10 altogether being replaced by Deere & Company (DE) which had another monster year of dividend growth. </span><span><br /></span></span></span></div><div><h2 style="text-align: left;"><span style="font-family: inherit; font-size: large;"><span><b>Dividend Growth</b></span></span></h2><span style="font-family: inherit; font-size: large;"><span>My goal for 2023, as it was for 2022 and 2021, was to at least maintain the number of holdings. Last year saw no new increases to my position count.</span></span></div><div><span style="font-family: inherit; font-size: large;"><br /></span></div><div><span style="font-family: inherit; font-size: large;">2023 was actually a year of very little activity in my FI Portfolio. There were no additions or deletions during the year as I held all the positions from the end of 2022 for the full year.</span></div><div><span style="font-family: inherit; font-size: large;"><br /></span></div><div><span style="font-family: inherit; font-size: large;">Much of that was due to the lack of additional capital being funneled to the account as well as being preoccupied with the new baby once July rolled around and researching other investment opportunities.</span></div><div><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjG40T9Pw2KFzoy9uqdSqEND4lScO6qLtmBLF_slygagMm_5ZbBrqnxhPaFaRGjWINf-Y90MvnuFQB7ljOOVVYfSMr6QFWxiBedyVx3aSxtzk-KC5irj652L4bFw_2vKq8R8INgh_2iF2lLCxw0dMGPuMp_hW9cRkQhaMKER_3WST3hQmQMipxo98SJa-th/s255/Companies.png" style="margin-left: 1em; margin-right: 1em;"><span style="font-size: large;"><img alt="#Dividends #dividendgrowthinvesting" border="0" data-original-height="111" data-original-width="255" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjG40T9Pw2KFzoy9uqdSqEND4lScO6qLtmBLF_slygagMm_5ZbBrqnxhPaFaRGjWINf-Y90MvnuFQB7ljOOVVYfSMr6QFWxiBedyVx3aSxtzk-KC5irj652L4bFw_2vKq8R8INgh_2iF2lLCxw0dMGPuMp_hW9cRkQhaMKER_3WST3hQmQMipxo98SJa-th/s16000/Companies.png" title="Company Count and Dividend Raises" /></span></a></div><span style="font-size: large;"><br /></span></div><div><span style="font-family: inherit; font-size: large;"><span>During 2023, 57 of my 68 holdings raised their dividends while 6 maintained their dividend. There were 2 dividend cuts, from the previously mentioned Algonquin Power & Utilities as well as Medical Properties Trust (MPW). There's still 3 holdings that do not pay a dividend.</span><br /><br /><span>Let's start with the companies that froze their dividend payment. The 6 freezers include Constellation Software (</span>OTCPK:CNSWF<span>) no surprise, </span><span>Omega Healthcare Investors (</span>OHI<span>) no surprise, AT&T (T) no surprise, and Walgreens Boots Alliance (WBA) no surprise. Unilever plc (UL) and Digital Realty Trust (DLR) were a bit unexpected although considering DLR's leverage and the rising interest rate environment it wasn't too shocking.</span><br /><br /><span>In 2021, Constellation Software announced they will be forgoing dividend increases to preserve more capital for Mark Leonard and his team to devote to more acquisitions. Considering their prudent capital allocation approach and results, I'm just fine with that, and if they wanted to take back the meager $1 dividend, I wouldn't complain.</span><br /><br /><span>Omega Healthcare Investors (</span>OHI<span>) has been in limbo the last several years as their business was hit especially hard during COVID and had stumbles in prior years. I didn't expect a raise from them in 2023 so I wasn't disappointed with the lack of an increase. Thank goodness for low expectations! Of course a dividend yield that's been greater than 7% for the last few years helps to make up for that.</span></span></div><div><span style="font-family: inherit; font-size: large;"><br /></span></div><div><span style="font-family: inherit; font-size: large;">AT&T wasn't much of a surprise considering they cut in 2022.<br /><br /><span>Unilever has now gone two years without a raise so we'll see what happens here in 2024. Unilever's EPS payout ratio dropped to the mid-50% area although their FCF payout ratio is still quite hefty around 70%.</span></span></div><div><span style="font-family: inherit; font-size: large;"><br /></span></div><div><span style="font-family: inherit; font-size: large;">For a little bit of good news, Iron Mountain (IRM) announced a raise during 2023 and rejoined the dividend raiser class. It was a modest 5.1% increase, but I'll take it.<span><br /></span></span></div><div><h2 style="text-align: left;"><span style="font-family: inherit; font-size: large;"><span><b>Dividend Yield vs Dividend Growth Rate</b></span></span></h2><span style="font-family: inherit; font-size: large;"><span>As a dividend growth investor that's relatively young, I aim to strike a balance between higher-yielding, but slower-growing companies with lower-yielding, but faster-growing businesses. While I love seeing those dividends hitting my account I realize that I'm not following this strategy to create the most income in the next 5 years; rather it's an attempt to set up a very rewarding portfolio 10-20 years down the line. </span><br /><br /><span>Ideally, I want the bulk of my investments in what I consider the "sweet spot" which is somewhere around a 2.5% to 4.0% current yield with 5.0% to 10.0% annual dividend growth. In my opinion, that strikes a solid balance between adequate current dividend yield along with future dividend growth. Additionally I expect there to be a skew towards lower current yield.</span></span></div><div><span style="font-family: inherit; font-size: large;"><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjy1KFDMiiqHcEUzDsBGCV14bTmfHNyR6el3WWzWGhQ7n1gdY3CeL2lxxCW7AsOtRDYI90MiQr2KGfZDhj77nCBuHr1_OT5-mAZPORZiIgWzRhyphenhyphen-XYVJyRDuRHCqq1zTII7AvZyw7LrTbNQFXcYiZ9-0gft2ScsxlsoTn1QcC7U3eN-tMvIN2w0Pch1P6SN/s837/Dividend%20Yield%20vs%20Growth%20Rate.png" style="margin-left: 1em; margin-right: 1em;"><img alt="#Dividends #dividendgrowthinvesting" border="0" data-original-height="501" data-original-width="837" height="384" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjy1KFDMiiqHcEUzDsBGCV14bTmfHNyR6el3WWzWGhQ7n1gdY3CeL2lxxCW7AsOtRDYI90MiQr2KGfZDhj77nCBuHr1_OT5-mAZPORZiIgWzRhyphenhyphen-XYVJyRDuRHCqq1zTII7AvZyw7LrTbNQFXcYiZ9-0gft2ScsxlsoTn1QcC7U3eN-tMvIN2w0Pch1P6SN/w640-h384/Dividend%20Yield%20vs%20Growth%20Rate.png" title="Dividend Yield vs 1-Year Dividend Growth Rate" width="640" /></a></div><div class="separator" style="clear: both; text-align: center;"><br /></div></span></div><div><span style="font-family: inherit; font-size: large;"><span>Compared to 2022, 2023 looks fairly similar in terms of distribution between yields and growth rate.</span><span><br /></span></span></div><div><h2 style="text-align: left;"><span style="font-family: inherit; font-size: large;"><span><b>Portfolio-Wide Dividend Growth</b></span></span></h2><span style="font-family: inherit; font-size: large;"><span>Dividend growth from my holdings continued to pull back during 2023 compared to 2022. </span><br /><br /><span>The average increase for 2023 came to 5.5% while the average of just those that announced raises came to 7.9%. The previous years results were 10.2% and 8.5%, respectively.</span><br /><br /><span>For 2023, the median raise for just the growers came to 7.0%. That was a decrease from the 7.9% mark during 2022. For the entire portfolio, including the freezers and cutters, 2023's median raise was just 6.0% compared to 2022's 7.0%.</span><br /><br /><span>In order to calculate the weighted dividend growth rate, I use the 1-year dividend growth rate for Position X multiplied by the Dividends for Position X divided by the Total Dividends for the portfolio. I then repeat that for each position that I own and add them together to get the weighted dividend growth rate for the portfolio. The reason I do this is because the weighted dividend growth rate better reflects the organic dividend growth that you achieve across the portfolio.</span><br /><br /><span>Assume that you have a portfolio with just two holdings: Company A pays a 5.0% dividend yield with a 4.0% 1-year growth rate while Company B pays a 1.0% dividend yield with a 20.0% dividend growth rate. We'll assume at the start of the year you invest $10k in each company such that your starting dividends are $600 total. At the end of the year, each company raises its dividend by the respective growth rate, and your forward dividends at the end of the year are now $645.</span><br /><br /><span>The average dividend growth rate between those two companies is 12.5%; however, the weighted dividend growth rate is 7.5%. The weighted dividend growth rate is dragged lower due to Company A's outsized proportion of the provided dividends.</span></span></div><div><span style="font-family: inherit; font-size: large;"><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjNjt3k47Asa6BcuDlkWeWSCFgeB-YI1cqHLdmY3CtkUSdUWC0XgZQwwNwkBTjsQpDszfFVk4gnIDthRVaD7hbsHCZiNNeUDV6v02ib9vFzCZ7CNfstBn4SCSKH1oBaZO5vOxESNzrZHXry_WgsSoJ0fU_chRH6IUxhQSVQUfuGQkmYi05_Tl8yAeeJFyzi/s1176/Weighted%20Dividend%20Growth%20by%20Position.png" style="margin-left: 1em; margin-right: 1em;"><img alt="#Dividends #dividendgrowthinvesting" border="0" data-original-height="1176" data-original-width="464" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjNjt3k47Asa6BcuDlkWeWSCFgeB-YI1cqHLdmY3CtkUSdUWC0XgZQwwNwkBTjsQpDszfFVk4gnIDthRVaD7hbsHCZiNNeUDV6v02ib9vFzCZ7CNfstBn4SCSKH1oBaZO5vOxESNzrZHXry_WgsSoJ0fU_chRH6IUxhQSVQUfuGQkmYi05_Tl8yAeeJFyzi/s16000/Weighted%20Dividend%20Growth%20by%20Position.png" title="Weighted Dividend Growth by Position" /></a></div></span></div><div><span style="font-family: inherit; font-size: large;"><br /><span>For 2023 the weighted dividend growth rate for my portfolio came to 5.3% compared to 2022's 6.7%. This was definitely a disappointment although unsurprising considering that 9.3% of my dividend weight provided no boost to their dividends or cut their dividends during the year.</span></span></div><div><h2 style="text-align: left;"><span style="font-family: inherit; font-size: large;"><span>Distribution of Dividend Increases</span></span></h2><span style="font-family: inherit; font-size: large;"><span>Additionally, I like to see how the dividend increases are distributed among my holdings.</span></span></div><div><span style="font-family: inherit; font-size: large;"><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjyrmK29k-m02x_IwBBoU_Lx_bygPi4inJVJijcK8-6dH986Kq9n95VABrcDrpLEFxCnhXD25EfgrrU1SOZOJNE0xBmMNwUOYuI4hEnF5oRWeydJTSVGkVkHnOe3xil1XQ6q1C8vnIoMPEysg_6fgJIqri13urIU3l0EClqbh_EMqdxKcVOs2OVC5IdGLlr/s904/Distribution%20of%20Dividend%20Growth.png" style="margin-left: 1em; margin-right: 1em;"><img alt="#Dividends #dividendgrowthinvesting" border="0" data-original-height="535" data-original-width="904" height="378" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjyrmK29k-m02x_IwBBoU_Lx_bygPi4inJVJijcK8-6dH986Kq9n95VABrcDrpLEFxCnhXD25EfgrrU1SOZOJNE0xBmMNwUOYuI4hEnF5oRWeydJTSVGkVkHnOe3xil1XQ6q1C8vnIoMPEysg_6fgJIqri13urIU3l0EClqbh_EMqdxKcVOs2OVC5IdGLlr/w640-h378/Distribution%20of%20Dividend%20Growth.png" title="Distribution of Dividend Increases" width="640" /></a></div></span></div><div><span style="font-family: inherit; font-size: large;"><div class="separator" style="clear: both; text-align: center;"><br /></div></span></div><div><span style="font-family: inherit; font-size: large;"><span>2023 definitely saw a continuation of slower dividend growth. Additionally 2023 saw dividend increases tighten up in their dispersion while also shifting lower compared to prior years.</span></span></div><div><h2 style="text-align: left;"><span style="font-family: inherit; font-size: large;"><span><b>Focus for 2024</b></span></span></h2><span style="font-family: inherit; font-size: large;"><span><div><span style="font-family: inherit; font-size: large;"><span>We'll see what 2024 has in store for our portfolio. Through May our cash flow is going to be tight thanks to having 3 kids in day care, but things should loosen up after that allowing much more free cash flow each month.</span></span></div><div><span style="font-family: inherit; font-size: large;"><span><br /></span></span></div><div>The portfolio and dividends could take a hit this year if we find the right opportunity, but that comes with much bigger potential upside and cash flow. Time will tell if we are successful though.</div><div><br /></div><div>I hope to see a bit of a bounce back in dividend growth, but we'll see with continuing calls for recession. Of course that's been the case just about every year since I've been investing. </div><div><br /></div><div>With so much in flux and cash flow pretty tight, it's a bit hard to forecast what could be in store during 2024. However, I'm pretty encouraged by the fact that our gross dividend increase from all sources (reinvestment, purchases, and dividend growth) came to over $1,100 during 2023 with essentially no capital being added to the portfolio. Net increases, due to two hefty dividend cuts, still came to over $950. If 2024 is just status quo as 2023 was then I'll be quite happy with the results.</div></span></span><div class="separator" style="clear: both; text-align: center;"><br /></div></div></div>Passive Income Pursuithttp://www.blogger.com/profile/13947101854482544346noreply@blogger.com0tag:blogger.com,1999:blog-6587699706949333863.post-22903745780103506432024-01-19T06:00:00.023-06:002024-01-19T06:00:00.132-06:00Dividend Update - December 2023 #Dividend<font size="5"><br></font><div class="separator" style="clear: both; text-align: center;">
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<div class="separator" style="clear: both; text-align: center;">
<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEh6HcTweA3C8m8GSHp7JEM4CPyTyWfUS1jPR5HKurt8bQRkv111K4nuCL5LOzMNz-dr5BtABbMmfcFhSP6b-HrDmfv5Tg-2_wCpD7_o5BdE_4MCUu6bid1EUY-6IrRJDMRYAJpvPUc09gch/s1600/Dividend+Update+Passive+Income+Pursuit.jpg" style="margin-left: 1em; margin-right: 1em;"><font size="5"><img alt="dividend growth investing | financial independence | freedom | dividends" border="0" data-original-height="853" data-original-width="1280" height="426" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEh6HcTweA3C8m8GSHp7JEM4CPyTyWfUS1jPR5HKurt8bQRkv111K4nuCL5LOzMNz-dr5BtABbMmfcFhSP6b-HrDmfv5Tg-2_wCpD7_o5BdE_4MCUu6bid1EUY-6IrRJDMRYAJpvPUc09gch/w640-h426/Dividend+Update+Passive+Income+Pursuit.jpg" title="#Dividend Update -December 2023" width="640"></font></a></div>
<font size="5"><span><br></span>
<span>It's the end of one month and the beginning of another so it's time for my favorite update: my dividend update. These dividend updates reflect all dividends that I receive through my investing pursuits. I hope they can help inspire you to take control of your own finances and invest to build a passive income stream. What you use that stream for is up to you, whether it's to fund </span><a href="http://www.passive-income-pursuit.com/2014/10/the-intersection-of-dividend-growth.html" target="_blank">early retirement</a><span>, just provide some FI/FU money, or even to provide for an annual vacation; the key is that it can provide options and open up all sorts of possibilities. You can check my </span><a href="http://www.passive-income-pursuit.com/p/my-portfolio_30.html" target="_blank">dividend income</a><span> or </span><a href="http://www.passive-income-pursuit.com/p/progress_8.html" target="_blank">progress</a><span> pages to see what dedication to an investment plan can give you.</span><br>
</font><a href="https://www.passive-income-pursuit.com/2024/01/dividend-update-december-2023-dividend.html#more">Read more »</a>Passive Income Pursuithttp://www.blogger.com/profile/13947101854482544346noreply@blogger.com0tag:blogger.com,1999:blog-6587699706949333863.post-2267632378923854372023-12-30T06:00:00.068-06:002023-12-30T06:00:00.140-06:00Dividend Increase | CubeSmart $CUBE #Dividend<table align="center" cellpadding="0" cellspacing="0" class="tr-caption-container" style="margin-left: auto; margin-right: auto; text-align: center;"><tbody>
<tr><td style="text-align: center;"><span style="margin-left: auto; margin-right: auto;"><font face="inherit" size="5"><img alt="Dividend | Dividend Growth | Financial Independence | Freedom | Passive Income" border="0" data-original-height="1067" data-original-width="1600" height="425" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhjaoTTAnROwgG3qqLUdNmkmR8WQs0jHH-kA0P2EI4ihti3i4xqh9fHjSDu2pf2murkHs4gFM9wP89xj1hHstOpLI_MANOngmRDIhKwpQ0CtHei8szd8Jnk5dbTR7ZwCM1i-WBn_q4EszrR/w640-h425/Dividend+Increase+Passive+Income+Pursuit.jpg" title="CubeSmart $CUBE Dividend Increase December 2023" width="640"></font></span></td></tr>
<tr><td class="tr-caption" style="text-align: center;"><span style="font-family: inherit;">Getting a pay raise while sitting on the couch? Sign me up! Thanks CubeSmart for another dividend increase!</span></td></tr>
</tbody></table>
<span><font face="inherit" size="5"><br></font></span><div><span style="font-family: inherit; font-size: large;"><font><span>There's an old Chinese proverb that says "the best time to plant a tree was 20 years ago, the next best time is now". The reason for this is that it takes time for a tree to grow and prosper and for you to start reapi</span></font><span>ng its benefits. Dividend growth investing is much the same way. It takes consistent saving and investing as well as time and patience to let the power of dividend growth take hold.</span></span></div><div><font face="inherit" size="5">
<span><br></span>
<span>That's why one of my favorite things is when one of the companies I own decides to pay out more in dividends. You mean I get a pay raise just for owning a small piece of a company? </span><span>Not going and doing R&D for new products or technology. Not selling any products. Not managing any employees or inventory. Not making sales calls. All I had to do was have the foresight to invest some of my savings in </span><a href="https://seekingalpha.com/author/passive-income-pursuit" target="_blank">excellent companies</a><span>. </span><br>
</font></div><a href="https://www.passive-income-pursuit.com/2023/12/dividend-increase-cubesmart-cube.html#more">Read more »</a>Passive Income Pursuithttp://www.blogger.com/profile/13947101854482544346noreply@blogger.com0tag:blogger.com,1999:blog-6587699706949333863.post-19529714867241778182023-12-28T06:00:00.040-06:002023-12-28T06:00:00.131-06:00Dividend Increase | Deere & Company $DE #Dividend<table align="center" cellpadding="0" cellspacing="0" class="tr-caption-container" style="margin-left: auto; margin-right: auto; text-align: center;"><tbody>
<tr><td style="text-align: center;"><span style="margin-left: auto; margin-right: auto;"><font face="inherit" size="5"><img alt="Dividend | Dividend Growth | Financial Independence | Freedom | Passive Income" border="0" data-original-height="1067" data-original-width="1600" height="425" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhjaoTTAnROwgG3qqLUdNmkmR8WQs0jHH-kA0P2EI4ihti3i4xqh9fHjSDu2pf2murkHs4gFM9wP89xj1hHstOpLI_MANOngmRDIhKwpQ0CtHei8szd8Jnk5dbTR7ZwCM1i-WBn_q4EszrR/w640-h425/Dividend+Increase+Passive+Income+Pursuit.jpg" title="Deere & Company $DE Dividend Increase December 2023" width="640"></font></span></td></tr>
<tr><td class="tr-caption" style="text-align: center;"><span style="font-family: inherit;">Getting a pay raise while sitting on the couch? Sign me up! Thanks Deere & Company for another dividend increase!</span></td></tr>
</tbody></table>
<span><font face="inherit" size="5"><br></font></span><div><span style="font-family: inherit; font-size: large;"><font><span>There's an old Chinese proverb that says "the best time to plant a tree was 20 years ago, the next best time is now". The reason for this is that it takes time for a tree to grow and prosper and for you to start reapi</span></font><span>ng its benefits. Dividend growth investing is much the same way. It takes consistent saving and investing as well as time and patience to let the power of dividend growth take hold.</span></span></div><div><font face="inherit" size="5">
<span><br></span>
<span>That's why one of my favorite things is when one of the companies I own decides to pay out more in dividends. You mean I get a pay raise just for owning a small piece of a company? </span><span>Not going and doing R&D for new products or technology. Not selling any products. Not managing any employees or inventory. Not making sales calls. All I had to do was have the foresight to invest some of my savings in </span><a href="https://seekingalpha.com/author/passive-income-pursuit" target="_blank">excellent companies</a><span>. </span><br>
</font></div><a href="https://www.passive-income-pursuit.com/2023/12/dividend-increase-deere-company-de.html#more">Read more »</a>Passive Income Pursuithttp://www.blogger.com/profile/13947101854482544346noreply@blogger.com0tag:blogger.com,1999:blog-6587699706949333863.post-76896591749985502662023-12-18T06:00:00.087-06:002023-12-18T06:00:00.136-06:00Dividend Update - November 2023 #Dividend<font size="5"><br></font><div class="separator" style="clear: both; text-align: center;">
</div>
<div class="separator" style="clear: both; text-align: center;">
<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEh6HcTweA3C8m8GSHp7JEM4CPyTyWfUS1jPR5HKurt8bQRkv111K4nuCL5LOzMNz-dr5BtABbMmfcFhSP6b-HrDmfv5Tg-2_wCpD7_o5BdE_4MCUu6bid1EUY-6IrRJDMRYAJpvPUc09gch/s1600/Dividend+Update+Passive+Income+Pursuit.jpg" style="margin-left: 1em; margin-right: 1em;"><font size="5"><img alt="dividend growth investing | financial independence | freedom | dividends" border="0" data-original-height="853" data-original-width="1280" height="426" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEh6HcTweA3C8m8GSHp7JEM4CPyTyWfUS1jPR5HKurt8bQRkv111K4nuCL5LOzMNz-dr5BtABbMmfcFhSP6b-HrDmfv5Tg-2_wCpD7_o5BdE_4MCUu6bid1EUY-6IrRJDMRYAJpvPUc09gch/w640-h426/Dividend+Update+Passive+Income+Pursuit.jpg" title="#Dividend Update -November 2023" width="640"></font></a></div>
<font size="5"><span><br></span>
<span>It's the end of one month and the beginning of another so it's time for my favorite update: my dividend update. These dividend updates reflect all dividends that I receive through my investing pursuits. I hope they can help inspire you to take control of your own finances and invest to build a passive income stream. What you use that stream for is up to you, whether it's to fund </span><a href="http://www.passive-income-pursuit.com/2014/10/the-intersection-of-dividend-growth.html" target="_blank">early retirement</a><span>, just provide some FI/FU money, or even to provide for an annual vacation; the key is that it can provide options and open up all sorts of possibilities. You can check my </span><a href="http://www.passive-income-pursuit.com/p/my-portfolio_30.html" target="_blank">dividend income</a><span> or </span><a href="http://www.passive-income-pursuit.com/p/progress_8.html" target="_blank">progress</a><span> pages to see what dedication to an investment plan can give you.</span><br>
</font><a href="https://www.passive-income-pursuit.com/2023/12/dividend-update-november-2023-dividend.html#more">Read more »</a>Passive Income Pursuithttp://www.blogger.com/profile/13947101854482544346noreply@blogger.com0tag:blogger.com,1999:blog-6587699706949333863.post-64252889805506111452023-12-14T06:00:00.001-06:002023-12-14T06:00:00.136-06:00Dividend Increase | McCormick & Company $MKC #Dividend<table align="center" cellpadding="0" cellspacing="0" class="tr-caption-container" style="margin-left: auto; margin-right: auto; text-align: center;"><tbody>
<tr><td style="text-align: center;"><span style="margin-left: auto; margin-right: auto;"><font face="inherit" size="5"><img alt="Dividend | Dividend Growth | Financial Independence | Freedom | Passive Income" border="0" data-original-height="1067" data-original-width="1600" height="425" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhjaoTTAnROwgG3qqLUdNmkmR8WQs0jHH-kA0P2EI4ihti3i4xqh9fHjSDu2pf2murkHs4gFM9wP89xj1hHstOpLI_MANOngmRDIhKwpQ0CtHei8szd8Jnk5dbTR7ZwCM1i-WBn_q4EszrR/w640-h425/Dividend+Increase+Passive+Income+Pursuit.jpg" title="McCormick & Company $MKC Dividend Increase November 2023" width="640"></font></span></td></tr>
<tr><td class="tr-caption" style="text-align: center;"><span style="font-family: inherit;">Getting a pay raise while sitting on the couch? Sign me up! Thanks McCormick & Company for another dividend increase!</span></td></tr>
</tbody></table>
<span><font face="inherit" size="5"><br></font></span><div><span style="font-family: inherit; font-size: large;"><font><span>There's an old Chinese proverb that says "the best time to plant a tree was 20 years ago, the next best time is now". The reason for this is that it takes time for a tree to grow and prosper and for you to start reapi</span></font><span>ng its benefits. Dividend growth investing is much the same way. It takes consistent saving and investing as well as time and patience to let the power of dividend growth take hold.</span></span></div><div><font face="inherit" size="5">
<span><br></span>
<span>That's why one of my favorite things is when one of the companies I own decides to pay out more in dividends. You mean I get a pay raise just for owning a small piece of a company? </span><span>Not going and doing R&D for new products or technology. Not selling any products. Not managing any employees or inventory. Not making sales calls. All I had to do was have the foresight to invest some of my savings in </span><a href="https://seekingalpha.com/author/passive-income-pursuit" target="_blank">excellent companies</a><span>. </span><br>
</font></div><a href="https://www.passive-income-pursuit.com/2023/12/dividend-increase-mccormick-company-mkc.html#more">Read more »</a>Passive Income Pursuithttp://www.blogger.com/profile/13947101854482544346noreply@blogger.com0tag:blogger.com,1999:blog-6587699706949333863.post-38197468173225708752023-12-12T06:00:00.001-06:002023-12-12T06:00:00.139-06:00Dividend Increase | Nike $NKE #Dividend<table align="center" cellpadding="0" cellspacing="0" class="tr-caption-container" style="margin-left: auto; margin-right: auto; text-align: center;"><tbody>
<tr><td style="text-align: center;"><span style="margin-left: auto; margin-right: auto;"><font face="inherit" size="5"><img alt="Dividend | Dividend Growth | Financial Independence | Freedom | Passive Income" border="0" data-original-height="1067" data-original-width="1600" height="425" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhjaoTTAnROwgG3qqLUdNmkmR8WQs0jHH-kA0P2EI4ihti3i4xqh9fHjSDu2pf2murkHs4gFM9wP89xj1hHstOpLI_MANOngmRDIhKwpQ0CtHei8szd8Jnk5dbTR7ZwCM1i-WBn_q4EszrR/w640-h425/Dividend+Increase+Passive+Income+Pursuit.jpg" title="Nike $NKE Dividend Increase November 2023" width="640"></font></span></td></tr>
<tr><td class="tr-caption" style="text-align: center;"><span style="font-family: inherit;">Getting a pay raise while sitting on the couch? Sign me up! Thanks Nike for another dividend increase!</span></td></tr>
</tbody></table>
<span><font face="inherit" size="5"><br></font></span><div><span style="font-family: inherit; font-size: large;"><font><span>There's an old Chinese proverb that says "the best time to plant a tree was 20 years ago, the next best time is now". The reason for this is that it takes time for a tree to grow and prosper and for you to start reapi</span></font><span>ng its benefits. Dividend growth investing is much the same way. It takes consistent saving and investing as well as time and patience to let the power of dividend growth take hold.</span></span></div><div><font face="inherit" size="5">
<span><br></span>
<span>That's why one of my favorite things is when one of the companies I own decides to pay out more in dividends. You mean I get a pay raise just for owning a small piece of a company? </span><span>Not going and doing R&D for new products or technology. Not selling any products. Not managing any employees or inventory. Not making sales calls. All I had to do was have the foresight to invest some of my savings in </span><a href="https://seekingalpha.com/author/passive-income-pursuit" target="_blank">excellent companies</a><span>. </span><br>
</font></div><a href="https://www.passive-income-pursuit.com/2023/12/dividend-increase-nike-nke-dividend.html#more">Read more »</a>Passive Income Pursuithttp://www.blogger.com/profile/13947101854482544346noreply@blogger.com0tag:blogger.com,1999:blog-6587699706949333863.post-80034230508174708372023-12-01T06:44:00.001-06:002023-12-01T06:44:23.725-06:00Dividend Increase | Becton Dickinson & Company $BDX #Dividend<table align="center" cellpadding="0" cellspacing="0" class="tr-caption-container" style="margin-left: auto; margin-right: auto; text-align: center;"><tbody>
<tr><td style="text-align: center;"><span style="margin-left: auto; margin-right: auto;"><font face="inherit" size="5"><img alt="Dividend | Dividend Growth | Financial Independence | Freedom | Passive Income" border="0" data-original-height="1067" data-original-width="1600" height="425" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhjaoTTAnROwgG3qqLUdNmkmR8WQs0jHH-kA0P2EI4ihti3i4xqh9fHjSDu2pf2murkHs4gFM9wP89xj1hHstOpLI_MANOngmRDIhKwpQ0CtHei8szd8Jnk5dbTR7ZwCM1i-WBn_q4EszrR/w640-h425/Dividend+Increase+Passive+Income+Pursuit.jpg" title="Becton Dickinsn & Company $BDX Dividend Increase November 2023" width="640"></font></span></td></tr>
<tr><td class="tr-caption" style="text-align: center;"><span style="font-family: inherit;">Getting a pay raise while sitting on the couch? Sign me up! Thanks Becton Dickinson & Company for another dividend increase!</span></td></tr>
</tbody></table>
<span><font face="inherit" size="5"><br></font></span><div><span style="font-family: inherit; font-size: large;"><font><span>There's an old Chinese proverb that says "the best time to plant a tree was 20 years ago, the next best time is now". The reason for this is that it takes time for a tree to grow and prosper and for you to start reapi</span></font><span>ng its benefits. Dividend growth investing is much the same way. It takes consistent saving and investing as well as time and patience to let the power of dividend growth take hold.</span></span></div><div><font face="inherit" size="5">
<span><br></span>
<span>That's why one of my favorite things is when one of the companies I own decides to pay out more in dividends. You mean I get a pay raise just for owning a small piece of a company? </span><span>Not going and doing R&D for new products or technology. Not selling any products. Not managing any employees or inventory. Not making sales calls. All I had to do was have the foresight to invest some of my savings in </span><a href="https://seekingalpha.com/author/passive-income-pursuit" target="_blank">excellent companies</a><span>. </span><br>
</font></div><a href="https://www.passive-income-pursuit.com/2023/12/dividend-increase-becton-dickinson.html#more">Read more »</a>Passive Income Pursuithttp://www.blogger.com/profile/13947101854482544346noreply@blogger.com0tag:blogger.com,1999:blog-6587699706949333863.post-84203479856679854022023-11-29T06:00:00.001-06:002023-11-29T06:00:00.146-06:00Dividend Increase | Automatic Data Processing $ADP #Dividend<table align="center" cellpadding="0" cellspacing="0" class="tr-caption-container" style="margin-left: auto; margin-right: auto; text-align: center;"><tbody>
<tr><td style="text-align: center;"><span style="margin-left: auto; margin-right: auto;"><font face="inherit" size="5"><img alt="Dividend | Dividend Growth | Financial Independence | Freedom | Passive Income" border="0" data-original-height="1067" data-original-width="1600" height="425" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhjaoTTAnROwgG3qqLUdNmkmR8WQs0jHH-kA0P2EI4ihti3i4xqh9fHjSDu2pf2murkHs4gFM9wP89xj1hHstOpLI_MANOngmRDIhKwpQ0CtHei8szd8Jnk5dbTR7ZwCM1i-WBn_q4EszrR/w640-h425/Dividend+Increase+Passive+Income+Pursuit.jpg" title="Automatic Data Processing $ADP Dividend Increase November 2023" width="640"></font></span></td></tr>
<tr><td class="tr-caption" style="text-align: center;"><span style="font-family: inherit;">Getting a pay raise while sitting on the couch? Sign me up! Thanks Automatic Data Processing for another dividend increase!</span></td></tr>
</tbody></table>
<span><font face="inherit" size="5"><br></font></span><div><span style="font-family: inherit; font-size: large;"><font><span>There's an old Chinese proverb that says "the best time to plant a tree was 20 years ago, the next best time is now". The reason for this is that it takes time for a tree to grow and prosper and for you to start reapi</span></font><span>ng its benefits. Dividend growth investing is much the same way. It takes consistent saving and investing as well as time and patience to let the power of dividend growth take hold.</span></span></div><div><font face="inherit" size="5">
<span><br></span>
<span>That's why one of my favorite things is when one of the companies I own decides to pay out more in dividends. You mean I get a pay raise just for owning a small piece of a company? </span><span>Not going and doing R&D for new products or technology. Not selling any products. Not managing any employees or inventory. Not making sales calls. All I had to do was have the foresight to invest some of my savings in </span><a href="https://seekingalpha.com/author/passive-income-pursuit" target="_blank">excellent companies</a><span>. </span><br>
</font></div><a href="https://www.passive-income-pursuit.com/2023/11/dividend-increase-automatic-data.html#more">Read more »</a>Passive Income Pursuithttp://www.blogger.com/profile/13947101854482544346noreply@blogger.com0