A year ago (or so) I picked up my first shares of Lorillard (LO), which have done phenomenal for me. Without going in to how many share I have, let’s do a case study and see what it’s done over that period if you decided to put your dividends back in to the stock. I’d like to do a basic …
Dividend Growers: My Favorite Chart
My favorite chart.
BHP Billiton bumps the dividend
BHP Billiton, one of my favorite, permanent holding companies, reported better than expected earnings today. In an environment in which the prices of all 4 of their primary commodities are in the tank, the company continued to operate admirably. Continued cost cutting and inefficiencies were found (from god know’s where) and the company reduced debt, improving it’s balance sheet. …
Lorillard (LO) Increases it’s Dividend
Lorillard, Inc. (LO), the third largest manufacturer of cigarettes in the United States, announced today that its Board of Directors approved a 7% increase in the quarterly dividend on its common stock from $0.615 per share to $0.66 per share. The dividend is payable on March 10, 2015 to stockholders of record as of March 2, 2015. Those boosts are …
Cash Flow is King
I work in Houston, which lives and dies by the price of oil and gas. When commodity prices are up, we’re a true boom town, but when they go bad, the whole city can go south quickly. Just in the past week, Schlumberger has announced at least 9,000 layoffs and dozens of other smaller companies are following similar exercises. The …
I’m in the liquor business
I recently opened a position in one of my favorite companies, Diageo (NYSE:DEO) at a price of roughly $112. Most Americans have probably never heard of Diageo, but they (along with Brown-Forman and Pernod Ricard) control the bulk of the major liquor brands that we regularly purchase. Diageo owns Smirnoff and Johnnie Walker, the world’s best selling vodka and whiskey. They also …