To live off the passive income from stocks, one of the important things to pay attention to is the company’s distribution policy. Nowadays, most dividend-paying companies follow a quarterly distribution schedule. That is, shareholders have to wait three months between every two dividend payments. However, because most of our bills have to be paid monthly, it would take a lot of planning ahead to balance monthly expenses with quarterly dividend income.
And that’s the first reason why Chatham Lodging Trust (NYSE:CLDT) is special. The company completed its initial public offering (IPO) in 2010 and started by paying quarterly dividends. But in 2013, CLDT increased its payment frequency to monthly, and it has been paying uninterrupted monthly dividends ever since. (Source: “Dividends History,” Chatham Lodging Trust, last accessed September 10, 2019.) The payout has also gone up over the years. Chatham Lodging’s first monthly dividend—which was paid in February 2013—was $0.07 per share. Today, CLDT stock’s monthly dividend rate stands at $0.11 per share, marking a total increase of 57%.
Source: Income Investors
Related Articles:
- Where To Find Great Dividend Stocks
- How To Know When To Sell A Dividend Stock
- Your Greatest Wealth Building Asset
- 5 Dividend Stocks For The Ultimate In Deferred Gratification
- The Most Important Thing To Consider When Selecting A Dividend Stock
________________________________________________________________
Subscribe to:
Post Comments (Atom)
Popular Posts Last 30 Days
-
So, stocks are the place to go. But which stocks? While the market is clearly the place to go for strong returns, investors have different p...
-
Strange but true: seniors fear death less than running out of money in retirement. So what's a retiree to do? You could cut your expense...
-
If you're anticipating a long retirement, you'll want to remain invested in stocks to give your money a chance of outpacing inflatio...
-
One way to identify suitable candidates is to look for stocks with an average dividend yield of 3%, and positive average annual dividend gro...
-
When writing this article, I was looking for an ideal list of dividend-paying stocks that consistently raise their dividends each year. In a...
-
If I could teach investors one thing, it would be how to identify and value “Forever Assets.” These businesses constitute the single best wa...
-
Exxon Mobil Corporation (NYSE:XOM) stock is trading at the same level as it was during the beginning of 2019. Even with company-specific pos...
-
A different approach is to focus on the payout. However, it’s important not to simply invest in companies that offer the largest payout. Tha...
-
As a new decade approaches, it's a good time to think about putting a few stocks in your portfolio that can stand the test of time, pote...
-
One of the Best Dividend Stocks of the Past Decade. If you ask most people to name the best dividend stocks, they’ll rattle off a similar li...
0 comments
Post a Comment
Post a Comment
Note: Only a member of this blog may post a comment.