A few things happened while I was on vacation.
Two companies increased their dividend
On August 5th, Saputo increased its dividend 13%, from $0.23 to $0.26 per quarter.
When I bought shares in 2009, my initial dividend yield was 2.86%; the stock currently yields 1.56%. Many dividend increases later, my YOC is 5.31%.
On August 6th, Walgreens increased its dividend 7.1%, from $0.315 to $0.3375 per quarter. When I bought shares in 2010 & 2012, my initial dividend yields were 2.41% and 3.64%, respectively; the stock currently yields 2.19%. A few dividend increases later, my YOC are 4.66% and 4.47%, respectively.
These increases add $57.60 to my forward 12-month dividends. The strategy is working!
and I made two new purchases.
July 30: 100 shares of Tesco (TSCDY) @ $13.44 (+ $9.95 commission), for a dividend yield of 4.87%.
July 30: 15 shares of Occidental Petroleum (OXY) @ $98.17 (+ $9.95 commission), for a dividend yield of 2.91%.
These purchases add $109.20 to my forward 12-month dividends.
My yearly dividends stand at $6,569.29.