Dividend raise: Baxter (+16%)

Baxter International Inc. (BAX) announced earlier in May an approximately 16% increase in the company’s quarterly dividend rate. This rate increase was made in connection with the declaration of a quarterly cash dividend of $0.22 per share of common stock (up from $0.19 per share).

I own 22 shares of BAX, so my annual dividend income increased with just over € 2. This is my 15th dividend raise in 2019 so far. All these raises combined have added almost € 42 to my annual dividend income. Even though the raises tend to be a little bit smaller than last year, let's keep it up!

Dividend raise: IBM (+3%)

A few days ago International Business Machines (IBM) announced a dividend raise. Their quarterly dividend payment was increased from $ 1,57 to $ 1,62 which is an increase of 3,2%. The raise is modest but I guess IBM needs to preseve some of their cashflow given the recent acquisition of RedHat.

Since my investment in IBM almost 5 years ago, they've managed to increase their dividend by about 9% per year on average. So really I've got nothing to complain on that front.

 

The raise from IBM was my 14th raise this year. Together these raises have added almost € 40 to my expected yearly dividend income (before taxes). Let's hope the other remaining companies follow suit with a nice raise!

 

Are you an owner of IBM? Did you like the raise from IBM?

Dividend report: April 2019

It's time to give an update of the dividends I received last month. Five companies decided to pay me a dividend for my ownership. Total dividends (after tax) are around €40. Nothing compared to my record breaking last month, but still a small increase from April last year.

You can see the breakdown in the table below.

My annual dividend income is up to € 1.300 before taxes, thanks to the increase in my position in Unilever and the dividend increases from Exxon, Unilever and KinderMorgan. Let's keep rocking!

How was your month?