Updated...Dividend Increases - 07-22-15

Written by MrStockFox. Posted in Dividends

 trgp

Targa Resources (TRGP) declared $.875/share quarterly dividend, 5.4% increase from previous dividend of $0.83. Forward yield 3.99%.  My portfolio consists of 7 shares of TRGP, which increases my annual dividends to $24.50. My yield-on-cost is is 3.89%.  This dividend raise represents a 26.8% raise over the same period last year which is badass.  I plan to buy additional shares in the company.

 shlx

Shell Midstream Partners (SHLX) declared $.19/share quarterly dividend, 8.6% increase from previous dividend of $0.175. Forward yield 1.81%.  My portfolio consists of 4 shares of SHLX, which increases my annual dividends to $3.04. My yield-on-cost is is 1.80%.  This dividend raise represents a 82.6% raise over its first dividend just 6 months ago.  I plan to buy additional shares in the company.

 sxl

Sunoco Logistics Partners LLC (SXL) declared $.438/share quarterly dividend, 5% increase from previous dividend of $0.419. Forward yield 5.11%.  My portfolio consists of 17 shares of SXL, which increases my annual dividends to $29.75. My yield-on-cost is is 4.33%.  This dividend raise represents a 20% raise over the same period last year.  I plan to buy additional shares in the company.