Abbott Laboratories (ABT) and Cisco Systems Inc (CSCO).
Buy in USD - Abbott Laboratories (ABT)
Trade Price: 36.90
Sector: Healthcare - Medical Appliances & Equipment
Payout Ratio: 35%
Dividend Increase Streak Years: 2
Annualized Dividend Growth 3-yr: 0%
P/E (ttm): 12,4
S&P Credit Rating: A+
Usually I don't buy more shares this far from ex-dividend date, but I wanted to make sure that I will get at least a little piece at these depressed prices. In the beginning of February the news told that Abbott is buying out point-of-care diagnostics firm Alere (ALR). Can't say that I would be familiar with ALR, but generally speaking I like that my companies grow through acquisitions.
Buy in USD - Cisco Systems Inc (CSCO)
Trade Price: 22.65
Sector: Technology - Networking & Communication Devices
Payout Ratio: 51%
Dividend Increase Streak Years: 5
Annualized Dividend Growth 3-yr: 23,8%
P/E (ttm): 11,2
S&P Credit Rating: AA-
I bought more Cisco before earnings and this time it turned out to be a jackpot. The company beat estimates and declared a massive dividend hike! Quarterly dividend will be increased from $0.21 to $0.26 which equals to 23,8%. Since I started investing in North American stocks in 2014 this is the biggest raise I have received! Can't wait to add this to my April dividend report.
Coca-Cola (KO) just raised dividend by 6,1%. I would like to buy more, but that price just creeps higher and higher! Yes, for me it's difficult to buy in raising stock prices.
Thanks for reading. My Portfolio page has been updated to reflect these trades.
Disclosure: Long ABT, CSCO, KO