Saturday, October 31, 2015

Dividend Increase - ETP, SBUX, ABBV

I track dividend increases for stocks that I own. 
A dividend increase means more money every quarter and therefore yearly. It translates to additional dividend income.

Energy Transfer Partners (ETP)
Energy Transfer Partners, L.P. (ETP) announced on Monday, 10/26/2015 a $0.02 (or 1.9%) increase in its quarterly distribution to $1.055 per ETP common unit ($4.22 annualized) for the third quarter ended September 30, 2015.

This marks the ninth consecutive quarter that ETP has raised its distribution. The cash distribution will be paid on November 16, 2015 to unit holders of record as of the close of business on November 5, 2015.

I own 25 ETP shares and hence my yearly dividends will increase by $2.00 to $980.41.


Starbucks (SBUX)

Starbucks Corp (SBUX) announced a 25% increase in its cash dividend on Thursday, 10/29/2015. The quarterly cash dividend will increase from $ 0.16 to $ 0.20 per share and payable on Nov 27, 2015 to shareholders on record as of Nov 12, 2015. The annual dividend rate goes up from $ 0.64 to $ 0.80. 

I own 5.2111 SBUX shares and hence my yearly dividends will increase by $0.83 to $981.24.


AbbVie Inc. (ABBV)

AbbVie announced an approximately 12% increase in its cash dividend on Friday, 10/30/2015. The quarterly cash dividend will increase from $0.51 to $0.57 per share beginning with the dividend payable on February 16, 2016 to shareholders of record as of January 15, 2016. 


I own 18 ABBV shares and hence my yearly dividends will increase by $4.32 to $985.56.


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