Today’s dividends: Illinois Tool Works, Altria and Franklin Resources

Where the hell has the time gone?

I looked at the calendar today and realized we’re already 10 days into the new year. Ten days … and I’ve only had one or two blog posts. That’s a problem!

It’s a problem because, well, this blog is as much for me as it is for you. Yeah, you heard me. A big part of why I do this is to inspire others to start investing, but that’s hardly the only reason. I also do it to keep my finger on the pulse of my portfolio.

With more than 130 companies working hard in my Dividend Farm every single day – at least every day the market is open – I need to string together super-consistent posts to keep tabs on my investments. It’s the only way I feel up to speed. The first week and a half of this year has made that painfully obvious. I got lazy over the course of the holiday break (Christmas to New Year’s Day) and need to get back to blogging because, as of the fourth paragraph of this post, I feel pretty damn detached.

That said, let’s get up to speed.

Including the three from today, which I’ll get to in a sec, I’ve already received a dividend from 19 different companies this year, adding up to $12.39. That’s a good $4 more than I earned all of last January (my first month earning dividends). That alone has me excited.

I’m also pretty pumped about the $318.48 worth of capital gains I’ve enjoyed so far in 2018. Today was the first down day since the year started. My portfolio dropped by $43.27, but that’s pretty easy to shake off after starting the year with six straight green days.

Purchases, meanwhile, have been non-existent so far in the early going.

Today’s Dividends

Illionis Tool Works: ITW is a global diversified manufacturer of industrial products and equipment. It paid me a $0.78 dividend today for the one share I own – a share which has appreciated nearly 40% since I purchased it for $119.52. I am a really, really big fan of ITW. Its $3.12 annualized dividend represents a yield of 1.85%. The yield’s a tad low for my liking, but it’s really only that low because the stock itself has performed so well. ITW has also boosted its dividend by an average of 16.49% each of the last three years.

Altria: MO passed along a $0.66 dividend for the one share I own. It hasn’t performed as well as ITW, up just 8.96% since purchase, but the nearly 4% dividend yield has kept me satisfied.

Franklin Resources: BEN has been the worst performer of the bunch, up just 3.96% since purchase, but again, the dividend is what I hold it for. Any appreciation is icing on the cake. BEN paid me a $0.23 dividend for the one share I own, which is actually $0.03 more than the payment it dished out last quarter. I love raises!

In all, I earned $1.67 in dividend income today … income I plan to roll into into a purchase really, really soon.

March on!

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