Friday, April 17, 2015

A boring raise: PG 3%

I do track dividend raises on my portfolio holdings. However, I have not concentrated on posting them on my blog. I'll make an effort to do so from now on.

Today P&G announced a dividend raise of 3% from $0.6436 to $0.6629. It will be payable next month May 15, 2015. Ex-dividend is April 27, 2015.

PG is facing pressures from the strong dollar. Sales to foreign markets will be lower due to the exchange rate. I am not too happy with the raise but will take it nonetheless. More money is more money :) I was considering adding to PG this month but will rather put off that for now and allocate the capital somewhere else.

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