Dividends , The Wheel --Cash secured Puts and Covered Call writting

[leftovers]

Deer is a good one here is MO: Altria Group has achieved its 54th consecutive year of dividend increase, demonstrating its commitment to increasing income for shareholders.

The company's dividend payout ratios are still in line with its previously stated policy of paying out 80% of earnings, indicating that it can continue paying its high dividend.

Altria's operating discipline, pricing power, and consistent dividend growth make it an attractive investment option for income-focused investors.

Altria's forward EPS for FY 2023: $5/share

[bar1080]

Deere & Co. Raises Quarterly Dividend by 8%. Deere & Co.'s board has raised the farm and construction machinery maker's quarterly dividend by 8% to $1.35.

The new payout, equal to $5.40 a year, represents an annual yield of about 1.34% based on Tuesday's closing price of $404.10, up from 1.24%.

The Moline, Ill., company on Wednesday said the increased dividend is payable Nov. 8 to shareholders of record Sept. 29.

[bar1080]

Another Big CTAS Div Increase

   Date	         Dividends 
 Aug 14, 2023	1.35 Dividend 
 May 12, 2023	1.15 Dividend 
 Feb 14, 2023	1.15 Dividend 
 Nov 14, 2022	1.15 Dividend 
 Aug 12, 2022	1.15 Dividend 
 May 13, 2022	0.95 Dividend 
 Feb 14, 2022	0.95 Dividend 
 Nov 12, 2021	0.95 Dividend 
 Aug 12, 2021	0.95 Dividend 
 May 13, 2021	0.75 Dividend 
 Feb 11, 2021	0.75 Dividend

[leftovers]

Bad Hair day for sure IEP Icahn Enterprises LP

NASDAQ

24.8708 -7.8092 (-23.90%)

[bar1080]

IEP is having another terrible day. Seems Hindenburg was right. Those guys are really smart.

[leftovers]

Sunoco LP (NYSE:SUN) declares $0.842/share quarterly dividend, in line with previous.

Forward yield 7.44%

Payable Aug. 21; for shareholders of record Aug. 14; ex-div Aug. 11.

[leftovers]

Exelon (NASDAQ:EXC) declares $0.36/share quarterly dividend, in line with previous.

Forward yield 3.35%

Payable Sept. 8; for shareholders of record Aug. 15; ex-div Aug. 14.

[leftovers]

Entergy (NYSE:ETR) declares $1.07/share quarterly dividend, in line with previous.

Forward yield 4.15%

Payable Sept. 1; for shareholders of record Aug. 11; ex-div Aug. 10.

[bar1080]

"This Dividend Growth Machine [CTAS] Just Announced Another 20% Dividend Hike

https://www.fool.com/investing/2023/07/28/this-dividend-growth-machine-just-announced-anothe/

[leftovers]

International Paper (NYSE:IP) declares $0.4625/share quarterly dividend, in line with previous.

Forward yield 5.84%

Payable Sept. 15; for shareholders of record Aug. 15; ex-div Aug. 14.

[leftovers]

Phillips 66 (NYSE:PSX) declares $1.05/share quarterly dividend, in line with previous.

Forward yield 4.12%

Payable Sept. 1; for shareholders of record Aug. 18; ex-div Aug. 17.

[leftovers]

Walgreens Boots (NASDAQ:WBA) declares $0.48/share quarterly dividend, in line with previous.

Forward yield 6.33%

Payable Sept. 12; for shareholders of record Aug. 21; ex-div Aug. 18.

[leftovers]

Ford Motor (NYSE:F) declares $0.15/share quarterly dividend, in line with previous.

Forward yield 3.95%

Payable Sept. 1; for shareholders of record July 25; ex-div July 24.

[leftovers]

Southern Company (NYSE:SO) declares $0.70/share quarterly dividend, in line with previous.

Forward yield 3.96%

Payable Sept. 6; for shareholders of record Aug. 21; ex-div Aug. 18.

[leftovers]

General Mills (NYSE:GIS) declares $0.59/share quarterly dividend, 9.3% increase from prior dividend of $0.54
.
Forward yield 2.92%

Payable Aug. 1; for shareholders of record July 10; ex-div July 7.

The company raised its quarterly dividend by 9.3% after paying a quarterly dividend of $0.54 in each of the previous 4 quarters.

[bar1080]

Glad to hear it's still working for you. My dividend stocks are still growing their payouts. Was surprised by Raytheon's 7.3% recent increase.

[leftovers]

Absolutely I make 2-3 trades a week selling premium running 12-15 % again this year. I use about 5 different underlying dividend stocks. F has been great I sell a put and call spread close to the money sometimes it goes sideways, and I keep both sides of the premium I sold and sometimes one side is in the money and get assigned.

It's defiantly a wheel thing and I also collect dividends !

[bar1080]

Are you still using "the wheel" technique?

[bar1080]

Sorry, I forgot I had posted that one

[bar1080]

Raytheon Technologies Increases Quarterly Cash Dividend "ARLINGTON, Va., April 24, 2023 /PRNewswire/ -- Raytheon Technologies Corporation (NYSE: RTX) announced today that its Board of Directors declared a dividend of 59 cents per outstanding share of RTX common stock, which represents an increase of 7.3 percent over the prior quarter's dividend amount. The dividend will be payable on June 15, 2023 to shareowners of record at the close of business on May 19, 2023."

https://www.rtx.com/news/news-center/2023/04/24/raytheon-technologies-board-of-directors-increases-quarterly-cash-dividend

[leftovers]

Raytheon Technologies (NYSE:RTX) declares $0.59/share quarterly dividend, in line with previous.

Forward yield 2.46%

Payable Sept. 7; for shareholders of record Aug. 18; ex-div Aug. 17.

[leftovers]

Verizon (NYSE:VZ) declares $0.6525/share quarterly dividend, in line with previous.

Forward yield 7.33%

Payable Aug. 1; for shareholders of record July 10; ex-div July 7.

[bar1080]

"Leggett & Platt's (NYSE:LEG) Dividend Will Be Increased To $0.46"

"The board of Leggett & Platt, Incorporated (NYSE:LEG) has announced that it will be paying its dividend of $0.46 on the 14th of July, an increased payment from last year's comparable dividend. This will take the annual payment to 5.7% of the stock price, which is above what most companies in the industry pay.

View our latest analysis for Leggett & Platt

Leggett & Platt's Payment Has Solid Earnings Coverage
A big dividend yield for a few years doesn't mean much if it can't be sustained. The last payment made up 88% of earnings, but cash flows were much higher. In general, cash flows are more important than earnings, so we are comfortable that the dividend will be sustainable going forward, especially with so much cash left over for reinvestment.

Over the next year, EPS is forecast to fall by 2.7%. Assuming the dividend continues along recent trends, we think the payout ratio could reach 93%, which is definitely on the higher side."

https://finance.yahoo.com/news/leggett-platts-nyse-leg-dividend-101503935.html

[leftovers]

Altria (NYSE:MO) declares $0.94/share quarterly dividend, in line with previous.

Forward yield 8.41%

Payable July 10; for shareholders of record June 15; ex-div June 14.

[Capt_Smith77]

I'm amazed at how some of these companies keep relatively high divy rates, while carrying staggering debt loads. One would think that investors would be better off in the long run by the company pulling back significantly with the divy to start paying off debt and bringing it to a much more palatable figure.

[leftovers]

Sunoco LP (NYSE:SUN) declares $0.842/share quarterly dividend, 2% increase from prior dividend of $0.826.

Forward yield 7.58%

Payable May 22; for shareholders of record May 8; ex-div May 5.

[leftovers]

IBM (NYSE:IBM) declares $1.66/share quarterly dividend, 0.6% increase from prior dividend of $1.65.

Forward yield 5.3%

Payable June 10; for shareholders of record May 10; ex-div May 9.

[bar1080]

Thanks! "Raytheon Technologies (NYSE:RTX) declares $0.59/share quarterly dividend, 7.3% increase from prior dividend." That's the only sizable increase I've had recently.

[leftovers]

Raytheon Technologies (NYSE:RTX) declares $0.59/share quarterly dividend, 7.3% increase from prior dividend of $0.55.

Forward yield 2.3%

Payable June 15; for shareholders of record May 19; ex-div May 18.

[leftovers]

Walgreens Boots (NASDAQ:WBA) declares $0.48/share quarterly dividend, in line with previous.

Forward yield 5.44%

Payable June 12; for shareholders of record May 19; ex-div May 18.

[leftovers]

The Southern Company is a reliable dividend player, as evidenced by it declaring the 22nd annual dividend increase.

But the current macro environment makes investing in utility stocks highly questionable.

The Southern Company stock's own valuation is too rich for my taste as well.

[leftovers]

Southern CO (NYSE:SO) declares $0.70/share quarterly dividend, 2.9% increase from prior dividend of $0.68.

Forward yield 3.91%

Payable June 6; for shareholders of record May 15; ex-div May 12.

[leftovers]

FDX Looks strong!

Entergy (NYSE:ETR) declares $1.07/share quarterly dividend, in line with previous.

Forward yield 3.89%

Payable June 1; for shareholders of record May 4; ex-div May 3.

[bar1080]

"FedEx FDX +0.94% plans to boost its quarterly dividend by 10% in an otherwise quiet week for such announcements.

FedEx (ticker: FDX) declared a quarterly disbursement to $1.26 a share from $1.15 earlier this week. The increase brings the annualized dividend to $5.04 a share. The dividend is payable on July 3 to shareholders of record at the close of business on June 12."

[bar1080]

On idiot gamblers:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=171585911

[Porgie Tirebiter]

RH's earnings were a disappointment, but the real opportunity would have been to pick up shares in the post/pre market immediately after the announcement.

There are probably a lot of amateurs buying options on their phone apps. It's straight up gambling. They're bidding on options that are well out of the money with only hours left to exist - talk about owning depreciating assets!

I sold another series of RH puts this morning from $227.50 to $337.50.

[bar1080]

Forgot about BRK's big 10.7% stake in RH. Worth $566,000,000 on Dec 31. 2022.

https://www.cnbc.com/berkshire-hathaway-

[Porgie Tirebiter]

Here's one then. RH (formerly Restoration Hardware) had huge I.V. going into earnings. I was able to sell puts between $180 and $210.

While most of the I.V. came out after earnings, there is still a lot of it in the puts expiring tomorrow. Anyway, I bought back what I sold yesterday and might be able to sell some more tomorrow? It's amazing how people are willing to buy options on the day of expiration. That's kind of a new thing...

[leftovers]

CVS Health (NYSE:CVS) declares $0.605/share quarterly dividend, in line with previous.

Forward yield 3.18%

Payable May 1; for shareholders of record April 21; ex-div April 20.

[bar1080]

This report is illuminating if someone is following dividend action. The latest report covering February 2023 showed there were plenty of increases AND decreases last month, which is unusual. The 100 dividend reductions were certainly remarkable.

"We cannot emphasize enough how unusual it is for there to be 100 dividend reductions recorded in a single month. That's something that didn't even happen during the 2008-09 Great Recession. It's rare to see this level of unfavorable dividends, combining both dividend decreases and omissions, take place outside of recessions. That it is happening at the same time dividend increases are reaching such a high level is exceptionally unusual."

https://politicalcalculations.blogspot.com/2023/03/dividends-by-numbers-in-february-2023.html#.ZApv_XbMLyQ

[leftovers]

WOW that was a brutal RED day... their starting to raise interest too much now going to crash the economy.

If we have a good Jobs report tomorrow will make it go down more Amazing!

[leftovers]

Verizon (NYSE:VZ) declares $0.6525/share quarterly dividend, in line with previous.

Forward yield 6.81%

Payable May 1; for shareholders of record April 10; ex-div April 7.

[leftovers]

Altria (NYSE:MO) declares $0.94/share quarterly dividend, in line with previous.

Forward yield 8.15%

Payable April 28; for shareholders of record March 24; ex-div March 23.

[bar1080]

Here's a nifty increase: "Occidental announced a new $3 billion share buyback program and a 38% increase to its dividend to 18 cents a share. Occidental said it earned $1.7 billion, or $1.74 a share, in the fourth quarter, compared with $1.3 billion, or $1.58 a share, in the year-ago period."

https://finance.yahoo.com/m/4ea4e8db-eb7f-3b2d-bf17-4fac1c0e9591/occidental-raises-dividend-by.html

[bar1080]

"With Easy Money Gone, Executives Tighten Belts by Slashing Dividends"

"So far this year, as many as 17 companies in the Dow Jones US Total Stock Market Index cut their dividends, Bloomberg’s Jill R. Shah and Ian King reported on Friday. Pressure may build for more to follow suit as revenue and profits decline — and as debt, as a proportion of earnings, grows. A wall of upcoming debt maturities is also increasing the need to retain cash on balance sheets.

For credit investors, it’s a welcome change from the days when corporate executives opened the taps on dividend payouts and even loaded up on cheap credit to fund them."

https://finance.yahoo.com/news/easy-money-gone-executives-tighten-183743506.html

[leftovers]

Icahn Enterprises (NASDAQ:IEP) declares $2.00/share quarterly dividend, in line with previous.

Forward yield 14.83%

Payable April 19; for shareholders of record March 13; ex-div March 10.

[leftovers]

CARTHAGE, Mo., Feb. 23, 2023 /PRNewswire/ --

First quarter dividend is $.44 per share, an increase of 4.8% versus 1Q 2022

Indicated dividend yield is 5.2%

Annual dividends have increased for 51 consecutive years

Leggett & Platt's Board of Directors announced a dividend of $.44 per share for the first quarter, an increase of $.02 per share or 4.8% versus the first quarter of 2022. The dividend will be paid on April 14, 2023 to shareholders of record on March 15, 2023.

[bar1080]

Deere & Company Raises Dividend

MOLINE, Ill., Feb. 22, 2023 /CNW/ -- The Deere & Company (NYSE: DE) Board of Directors today declared a quarterly dividend of $1.25 per share payable May 8, 2023, to stockholders of record on March 31, 2023.

The new quarterly rate represents an additional 5 cents per share over the previous level.

[leftovers]

Home Depot (NYSE:HD) declares $2.09/share quarterly dividend, 10% increase from prior dividend of $1.90.

Forward yield 2.63%

Payable March 23; for shareholders of record March 9; ex-div March 8.

[leftovers]

Nice next time post that a little sooner than earnings day!

earnings were great cha ching to you!