Lets keep tradition and have a look how my investments did during Y2019 with their dividends increases:
Company | Y2018 Dividends | Y2019 Dividends | Change |
Tallinna Vesi | 0,360 | 0,750 | 108% |
Tallinna Kaubamaja | 0,690 | 0,710 | 3% |
Harju Electrics | 0,240 | 0,180 | -25% |
Exxon Mobile | 0,820 | 0,870 | 6% |
Jonson&Jonson | 0,900 | 0,950 | 6% |
Pfizer | 0,340 | 0,360 | 6% |
Proctor & Gamble | 0,717 | 0,746 | 4% |
American Electric Power | 0,670 | 0,700 | 4% |
Southern | 0,600 | 0,620 | 3% |
Verzon Communication | 0,603 | 0,615 | 2% |
AT&T | 0,500 | 0,510 | 2% |
General mills | 0,490 | 0,490 | 0% |
Kraft Heinz | 0,625 | 0,400 | -36% |
The remaining 3 Baltic holdings I would say done pretty well 🙂 My main Baltic dividend payer TKM increased them slightly, while TVEA increased them back after cut in 2018. HAE decreased little bit but that a normal thing here 🙂 Now to US holdings. Best dividend raisers were pharma companies JNJ and PFE both increased by +6%. Then Utilities with low 4-3% growth and telcos with even lower +2%. But it is still a growth. Then my food opportunistic investments with one having flat dividends and other a dividends cut. Lets see how they will do in the future 🙂 Both businesses in L/T perspective should do fine. I understand what KHC is doing (decreasing leverage and write-off of old shit) and I support them. GIS is doing the same just without dividend cut. Both decreasing leverage and increasing equity and I like that. This is why I bet on them in L/T. As you probably know I think more companies should do that instead of what they do now. Doing large share buybacks with increase of financial debt and decrease of equity. I thinks this is not sustainable.