WOW, Three divided increase in one day! When can you say you got three pay increase in one day from your job?
United Technologies Corporation (UTX) just declared $0.70 quarterly dividend. This is an increase of 6.1% from $0.66.
I own 29 shares, so this will increase my annual dividend income by $4.64 to $3,761.42
I updated both my Passive Income page as well as my Portfolio page to reflect the changes.
My Thoughts:
I am very happy with my holding of UTX and do not plan to add more shares anytime soon unless there is a big drop in price. I have been doing very well with this holding as I am up 39.5%.
I am very happy with this increase as well! Last year they increased it by 3.1% and the year before 8.47%.
I find the stock to be fair to slight overvalued and I would recommend a Hold.
Thanks for reading, and don’t forget to follow me:
Do you own UTX? Happy about the dividend increase?
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Hi Felix,
You have a great portfolio started there. I own a lot of the same names. I noticed you don’t have any fractional shares, do you not DRIP or are you collecting the dividends and selectively reinvesting? I’m doing sort of a combination right now.
I also see you have a rental property. Congrats on having multiple income streams. You are off to an amazing start. I’ll be sure and following your journey.
Take care
Hi Brent, thanks for the comment and for stopping by. I’m glad that you will continue to follow.
🙂
I’m using scottrade FRIP problem to buy shares. Using the program only allow full shares to be bought.