Welcome to this lively edition of the MOPO update, where we’re buzzing with excitement over recent developments in the world of dividends! We kick things off with a bit of a hiccup as Walgreens cut its dividend nearly in half after a staggering 91-year streak. But fear not, as the dividend drama takes a positive turn with Wal-Mart’s three-for-one stock split and a 9.5% dividend increase. The good news doesn’t stop there, with TC Energy, Consolidated Edison, PepsiCo, and the king of sodas, Coca-Cola, all raising their dividends, showcasing an impressive track record of consecutive increases. And to top it off, a total of 26 companies have declared or increased their dividends, ensuring that your income keeps growing and flowing. Stay tuned for more updates, and here’s to a prosperous journey ahead!
Posted by Paul Durso
6 months ago / March 21, 2024
Paul is the President and founder of Durso Capital Management Co and Insight Folios Inc. both headquartered in Charlotte, North Carolina. Additionally, Paul is the creator of the “Planning Made Simple” series aimed at educating advisors and investors alike. He firmly believes that smart financial decisions impact the quality of one’s life, and is thus driven to empower clients with the financial knowledge they need to successfully navigate the retirement phases of their lives.