Today’s dividends: Exxon Mobil and Yum! Brands

Another solid week of marching in the books, with today’s dividends from Exxon Mobil and Yum! Brands providing the final couple steps.

Exxon Mobil

Exxon (XOM) hooked me up with a $0.77 dividend for the one share I own – a share which has lost almost 10% of its value since I picked it up for $82.39 back in February of 2017. I got into XOM because of the dividend. There really isn’t anything more to the story than that. I didn’t expect a ton of growth, but the company has a tremendous track record when it comes to rewarding shareholders through its dividend.

It has boosted its payment for 35 consecutive years and, if it wants to keep that streak alive, it better boost it again here pretty quick. Today’s dividend marked my fourth straight for the current quarterly amount. You’re move, XOM.

Yum! Brands

Even if you aren’t familiar with Yum! Brands (YUM), you’re familiar with Yum! Brands. Trust me. You may not have heard the name before, but I’m sure you’ve heard of KFC, Taco Bell and Pizza Hut, right? Well, Yum! is the parent company to those three … and it paid me a $0.36 dividend today.

The payment represents a nice little raise, too, as it’s a full $0.06 more than what I received each of the last three quarters. That’s a solid 20% boost. The company’s dividend has been all over the place, but the fact it’s growing again has to be a good sign. I bought in before I had any clue what I was doing, right after the company cut its quarterly payment from $0.51 to $0.30. Hopefully it continues to rise … like its earnings (51.81% EPS growth last quarter verses the same quarter from the previous year).

This week’s steps

I increased my forward annual income by $2 thanks to the purchase of CVS on Monday. Tuesday featured a dividend from Valero and Wednesday saw a $1.82 dividend from UPS hit my account. I also made a handful of purchases, scooping up shares of MDC, Procter & Gamble and Franklin Resources – which added $4.88 to my steadily growing forward annual dividend income total.

I made another couple purchases Thursday, adding shares of AT&T and Verizon to my Dividend Farm, and received $3.17 worth of dividend income from a combined four companies.

In all, including today’s dividend, I earned $6.92 of complete-passive income and boosted my forward annual dividend income by $11.24. Not a bad stretch if I do say so myself.

Last week’s steps

I earned at least one dividend every day last week. Royal Bank of Canada ($0.72) passed a little something my way Monday, Fastenal ($0.37) and Lazard ($1.71) paid me Tuesday and Bank of Montreal ($1.46), Ameriprise Financial ($0.83) and Simon Property Group ($1.95) accounted for Wednesday’s steps. I earned a combined $8.51 in dividend income Thursday and another $1.71 from Boeing on Friday.

March on!

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