Pages

Friday, April 19, 2024

Travelers Dividend Increase

Travelers (TRV) increased its quarterly dividend by 5.00%, from $1.00 to $1.05 per share.

The dividend will be paid on 28 June to shareholders of record on 10 June. The ex-dividend date is 7 June.

TRV's contribution to DivGro's projected annual dividend income will increase by $20.00 to $420.00.

I own 100 shares of TRV at an average cost basis of $115.88 per share. Following this increase, my yield on cost is 3.62%. (TRV's forward yield is 1.98% at $212.41 per share). 

Since I opened my TRV position in May 2013, the stock has produced annualized total returns of 14.9%, including $2,353.80 in dividend income. 

TRV became DivGro's 49th Home Run stock in January 2024, when the stock doubled my original capital outlay.

5-Year History of Dividend Payouts by Ex-Date
2019 2020 2021 2022 2023 2024
$3.230$3.370 $3.490 $3.670 $3.930 $4.150
6.60% 4.33% 3.56% 5.16% 7.08% 5.60%
5-year DGR: 5.34% 5.14%
projected, assuming no further changes

Follow me at DivGro 2.0 or on Twitter or Facebook.

No comments:

Post a Comment

Please don't include links in comments. I will mark such comments as spam and the comment won't be published. To make me aware of your blog or website, comment on my Blogrole page instead.