MY DIVIDEND REPORT – Q2 IN 2020

Welcome to My 2nd Quarter 2020 Dividend Report. This Report is dedicated to tracking my quarterly dividend income. Many of you already know I love Growth and Income stocks as a great way to beat inflation while companies pay you to wait while they execute there growth plans. My Goal is to average $5,000/month or $15,000/quarter in dividend income.

2nd Quarter 2020 Dividend Income

My dividend income is devised of investments in Altria (MO) in the Tobacco Industry and Blackstone Group (BX) in the Asset Management Industry. Blackstone Group current stock price $53.73 and dividend yield 3.69 % (.49/share $1.97/year) pays a fluctuating dividend based on company results. Altria’s current stock price $40.27 and dividend yield 8.70 % (.84/share $3.36/year) pays a consistent dividend and has raised the dividend 54 times the past 50 years.

 Dividend:
Blackstone has declared a quarterly dividend of $0.37 per share to record holders of Class A common stock at the close of business on August 3, 2020. This dividend will be paid on August 10, 2020.

2nd Quarter 2020 Blackstone Group paid $0.37/share or $2,243.38 based on 6,063.205 shares owned. Stephen A. Schwarzman, Chairman and Chief Executive Officer, said, “It was a strong quarter for our firm despite the continued market volatility. Investment performance rebounded sharply, we continued to deploy capital in high conviction sectors and our limited partners entrusted us with another $20 billion of inflows across our expanding platform. We are very well positioned to navigate the road ahead with our long-term committed capital model and an industry-record $156 billion of dry powder.”

Dividend:
Altria Group has declared a quarterly dividend of $0.84 per share to record holders of Class A common stock at the close of business on June 15, 2020. This dividend will be paid on July 10, 2020.

2nd Quarter 2020 Altria Group paid .84/share or $8,842.07 based on 10,526.275 shares owned. Altria Group Inc. MO today announces its 2020 first-quarter business results, including strong performance from its core tobacco segments and the withdrawal of its full-year 2020 adjusted diluted earnings per share (EPS) guidance and 2020 – 2022 adjusted diluted EPS growth objective due to COVID-19 uncertainty. “The first-quarter brought out the best in Altria’s employees as we navigated the dynamic tobacco environment and the unprecedented effects of the COVID-19 pandemic,” said Billy Gifford, Altria’s Chief Executive Officer. “We’ve approached these challenges together by focusing on the health and welfare of our employees, maintaining business continuity and supporting our communities.”

“We had an excellent start to the year, growing our first-quarter adjusted diluted EPS by 18.5%, driven by the strength of our smokeable and oral tobacco products segments. Due to the uncertainties related to the impact of the COVID-19 pandemic on our diverse business model and economic recovery scenarios, we’re withdrawing our full-year 2020 adjusted diluted EPS guidance and, as a result, we’re also withdrawing our compounded annual adjusted diluted EPS growth objective. We’re continuing to assess the COVID-19 situation and intend to reestablish guidance at the appropriate time.” “Our dividend is important to our investors and it remains a top priority for us. Our objective continues to be a dividend payout ratio target of approximately 80% of adjusted diluted EPS. For 2020, we expect to recommend a quarterly dividend rate to our Board that reflects, among other things, our strong cash generation and the strength of our balance sheet.”

This is why Growth and Dividend stocks make good Money Sense. I will see you next quarter and report news and distribution.

MY DIVIDEND REPORT – Q1 IN 2020

Welcome to My 1st Quarter 2020 Dividend Report. This Report is dedicated to tracking my quarterly dividend income. Many of you already know I love Growth and Income stocks as a great way to beat inflation while companies pay you to wait while they execute there growth plans. My Goal is to average $5,000/month or $15,000/quarter in dividend income.

1st Quarter 2020 Dividend Income

Behind the scenes graph data

Money Sense With Kyle Quarterly Dividend Income By Year

My dividend income is devised of investments in Altria (MO) in the Tobacco Industry and Blackstone Group (BX) in the Asset Management Industry. Blackstone Group current stock price $52.24 and dividend yield 4.51 % (.61/share $2.44/year) pays a fluctuating dividend based on company results. Altria’s current stock price $39.25 and dividend yield 8.30 % (.84/share $3.36/year) pays a consistent dividend and has raised the dividend 54 times the past 50 years.

1st Quarter 2020 Blackstone Group paid .39/share or $2,364.65 vs .61/share $3,698.56 the 4th Quarter 2019 based on 6,063.205 shares owned. Blackstone Group Stephen A. Schwarzman, Chairman and Chief Executive Officer, said, “Blackstone’s first-quarter financial results reflect the unprecedented market and global economic conditions caused by the COVID-19 pandemic. Despite the extremely challenging environment, we continued to generate significant cash flow for our shareholders,
distributing over $700 million through dividends and share repurchases in the quarter, and $3.2 billion over the last twelve months. Throughout our firm’s 35-year history, we have weathered many difficult periods – including the global financial crisis – only to emerge stronger than before. Our experience has shown that although asset values may be temporarily marked down, strong assets ultimately recover.”Mr. Schwarzman continued, “We entered this crisis in a position of great strength, having recently completed a two-year fundraising cycle of nearly $250 billion. With ample capital reserves, long-term fund structures, and over $150 billion of dry powder capital – more than anyone in our industry – we are uniquely positioned to invest on behalf of our clients at a time of historic dislocation.”

Dividend:
Blackstone has declared a quarterly dividend of $0.39 per share to record holders of Class A common stock at the close of business on May 4, 2020. This dividend will be paid on May 11, 2020.

1st Quarter 2020 Altria Group paid .84/share or $8,842.07 based on 10,526.275 shares owned. Altria Group Inc. MO today announces its 2020 first-quarter business results, including strong performance from its core tobacco segments and the withdrawal of its full-year 2020 adjusted diluted earnings per share (EPS) guidance and 2020 – 2022 adjusted diluted EPS growth objective due to COVID-19 uncertainty. “The first-quarter brought out the best in Altria’s employees as we navigated the dynamic tobacco environment and the unprecedented effects of the COVID-19 pandemic,” said Billy Gifford, Altria’s Chief Executive Officer. “We’ve approached these challenges together by focusing on the health and welfare of our employees, maintaining business continuity and supporting our communities.”

“We had an excellent start to the year, growing our first-quarter adjusted diluted EPS by 18.5%, driven by the strength of our smokeable and oral tobacco products segments. Due to the uncertainties related to the impact of the COVID-19 pandemic on our diverse business model and economic recovery scenarios, we’re withdrawing our full-year 2020 adjusted diluted EPS guidance and, as a result, we’re also withdrawing our compounded annual adjusted diluted EPS growth objective. We’re continuing to assess the COVID-19 situation and intend to reestablish guidance at the appropriate time.” “Our dividend is important to our investors and it remains a top priority for us. Our objective continues to be a dividend payout ratio target of approximately 80% of adjusted diluted EPS. For 2020, we expect to recommend a quarterly dividend rate to our Board that reflects, among other things, our strong cash generation and the strength of our balance sheet.”

Dividend:
Altria has declared a quarterly dividend of $0.84 per share to record holders of Class A common stock at the close of business on March 25, 2020. This dividend will be paid on April 30, 2020.

This is why Growth and Dividend stocks make good Money Sense. I will see you next quarter and report news and distribution.

MY DIVIDEND REPORT – Q4 IN 2019

Welcome to My 4th Quarter 2019 Dividend Report. This Report is dedicated to tracking my quarterly dividend income. Many of you already know I love Growth and Income stocks as a great way to beat inflation while companies pay you to wait while they execute there growth plans. My Goal is to average $5,000/month or $15,000/quarter in dividend income.

4th Quarter 2019 Dividend Income

4th Quarter 2019 Dividend Income
Dividend Income by Quarter by Year

Behind the scenes graph data

Behind the scenes graph data

Money Sense With Kyle Quarterly Dividend Income By Year

My dividend income is devised of investments in Altria (MO) in the Tobacco Industry and Blackstone Group (BX) in the Asset Management Industry. Blackstone Group current stock price $63.25 and dividend yield 3.12 % (.49/share $1.96/year) pays a fluctuating dividend based on company results. Altria’s current stock price $50.74 and dividend yield 6.58 % (.84/share $3.36/year) pays a consistent dividend and has raised the dividend 54 times the past 50 years.

3rd Quarter 2019 Blackstone Group paid .49 / share or $2,970.97 vs .48 / share $2,880 the 2nd Quarter 2019 based on 6,063.205 shares owned. Blackstone Group Stephen A. Schwarzman, Chairman and Chief Executive Officer, said, “In the third quarter Blackstone again generated strong results for our investors, who in today's challenging environment look to our firm as a critical solutions provider. Our ability to execute on scale investment opportunities across a broad array of strategies is highly differentiated, as demonstrated by $16 billion of deployments in the quarter and a record $62 billion over the last twelve months. Our investors continue to entrust us with capital for both new and existing strategies, including nearly $150 billion of inflows during the last year – culminating in industry-record Total Assets Under Management of $554 billion, up 21% year- over-year.”

4th Quarter 2019 Altria Group paid .84 / share or $8,672.02 based on 10,526.275 shares owned. Altria Group Inc. MO said Thursday 8/22/19 it will raise its quarterly dividend by 5%, to 84 cents a share from 80 cents. It has now reached the 50-year dividend increase milestone, as the latest increase marks the 54th time it has raised its dividend over the past half century. The new annualized dividend rate is $3.36 per common share.

I now have 10,526.275 shares of Altria and 6,063.205 share of Blackstone Group.

This is why Growth and Dividend stocks make good Money Sense. I will see you next quarter and report news and distribution.

MY DIVIDEND REPORT – Q3 IN 2019

Welcome to My 3rd Quarter 2019 Dividend Report. This Report is dedicated to tracking my quarterly dividend income. Many of you already know I love Growth and Income stocks as a great way to beat inflation while companies pay you to wait while they execute there growth plans. My Goal is to average $5,000/month or $15,000/quarter in dividend income.

3rd Quarter 2019 Dividend Income

Dividend Income by Year
Dividend Income by Year

Behind the scenes graph data

3rd Qtr 2019 Dividend Income
My 3rd Qtr 2019 Dividend Income

Money Sense With Kyle Quarterly Dividend Income By Year

My dividend income is devised of investments in Altria (MO) in the Tobacco Industry and Blackstone Group (BX) in the Asset Management Industry. Blackstone Group current stock price $50.95 and dividend yield 3.91 % (.48/share $1.92/year) pays a fluctuating dividend based on company results. Altria’s current stock price $46.40 and dividend yield 7.25 % (.84/share $3.36/year) pays a consistent dividend and has raised the dividend 54 times the past 50 years.

3nd Quarter 2019 Blackstone Group paid .49 / share or $2,970.97 vs .48 / share $2,880 the 2nd Quarter 2019 based on 6,063.205 shares owned. Blackstone Group Stephen A. Schwarzman, Chairman and Chief Executive Officer, said, “In the third quarter Blackstone again generated strong results for our investors, who in today's challenging environment look to our firm as a critical solutions provider. Our ability to execute on scale investment opportunities across a broad array of strategies is highly differentiated, as demonstrated by $16 billion of deployments in the quarter and a record $62 billion over the last twelve months. Our investors continue to entrust us with capital for both new and existing strategies, including nearly $150 billion of inflows during the last year – culminating in industry-record Total Assets Under Management of $554 billion, up 21% year- over-year.”

3rd Quarter 2019 Altria Group paid .84 / share or $8,672.02 based on 10,526.275 shares owned. Altria Group Inc. MO said Thursday 8/22/19 it will raise its quarterly dividend by 5%, to 84 cents a share from 80 cents. The cigarette and smokeless tobacco products seller said the new dividend will be payable Oct. 10 to shareholders of record on Sept. 16. It has now reached the 50-year dividend increase milestone, as the latest increase marks the 54th time it has raised its dividend over the past half century. The new annualized dividend rate is $3.36 per common share.

The 3rd Qtr 2019 I reinvested my dividends $8,672.02 and purchased 202.4370 shares at $42.84 stock price on 10/10/19. I now have 10,526.275 shares of Altria.

This is why Growth and Dividend stocks make good Money Sense. I will see you next quarter and report news and distribution.

MY DIVIDEND REPORT – Q2 IN 2019

Welcome to My 2nd Quarter 2019 Dividend Report. This Report is dedicated to tracking my quarterly dividend income. Many of you already know I love Growth and Income stocks as a great way to beat inflation while companies pay you to wait while they execute there growth plans. My Goal is to average $5,000/month or $15,000/quarter in dividend income.

2nd Quarter 2019 Dividend Income

Dividend Income by Year

Behind the scenes graph data

Money Sense With Kyle Quarterly Dividend Income By Year

My dividend income is devised of investments in Altria (MO) in the Tobacco Industry and Blackstone Group (BX) in the Asset Management Industry. Blackstone Group current stock price $45.65 and dividend yield 5.0 % (.57/share $2.28/year) pays a fluctuating dividend based on company results. Altria’s current stock price $50.53 and dividend yield 6.33 % (.80/share $3.20/year) pays a consistent dividend and has raised the dividend 53 times the past 49 years.

2nd Quarter 2019 Blackstone Group paid .48 / share or $2,880 vs .58 / share $3,480 the 1st Quarter 2019 based on 6,000 shares owned. Blackstone Group announced that it has held the final close of its inaugural fundraising phase for Blackstone Infrastructure Partners (BIP).  Together with previously announced commitments, this closing brings total commitments for BIP to $14 billion. BIP is a permanent capital vehicle focused on investing across all infrastructure sectors, including transportation, energy (utilities, midstream and renewables), communications and water and waste. BIP was formed in 2017 with a $20 billion long-term matching anchor commitment from the Public Investment Fund of Saudi Arabia.

2nd Quarter 2019 Altria Group paid .80 / share or $8,259.07 based on 10,323.838 shares owned. With legislation signed this week in both New York and Ohio, today more than 50 percent of the U.S. population lives in states that have raised the legal age of purchase for all tobacco products to 21.

In response, Howard Willard, chairman and chief executive officer of Altria Group, Inc. said: “Now is the time to move to 21, which is by far the best way to stop the rise in underage e-vapor use and is supported by an overwhelming majority of Americans. Taking this step will reduce underage access to these products. It will also pave the way for e-vapor products to realize their enormous harm reduction potential for millions of adult smokers 21 and older.”

Also, Altria Group announces that it has entered into definitive agreements with the shareholders of Burger Söhne Holding AG (the “Burger Group”), based in Switzerland, to acquire 80% ownership of certain companies of the Burger Group that will commercialize on! products worldwide. on! is an oral tobacco-derived nicotine (TDN) pouch product.

This is why Growth and Dividend stocks make good Money Sense. I will see you next quarter and report news and distribution.

MY DIVIDEND REPORT Q1 IN 2019

Welcome to My Dividend Report. This Report is dedicated to tracking my quarterly dividend income. Many of you already know I love Growth and Income stocks as a great way to beat inflation while companies pay you to wait while they execute there growth plans. My Goal is to average $5,000/month or $15,000/ quarter in dividend income.

Current Dividend Income

Behind the scenes graph data

Money Sense With Kyle Quarterly Dividend Income

       
Quarter201420152016201720182019
Q1$8,040.00$9,620.00$9,035.00$8,622.53$11,643.79$11,739.07
Q2$6,660.00$10,280.00$7,055.00$11,015.00$9,040.39 
Q3$7,860.00$9,380.00$7,535.02$9,035.00$10,706.69 
Q4$7,580.00$8,307.50$8,262.53$9,183.79$12,099.07 
       
Summary$30,140.00$37,587.50$31,887.55$37,856.32$43,489.94$11,739.07
Delta 19.8%-15.9%15.2%13.0% 
       

My dividend income is devised of investments in Altria (MO) in the Tobacco Industry and Blackstone Group (BX) in the Asset Management Industry. Blackstone Group current stock price $44.42 and dividend yield 5.0 % (.54/share $2.17/year pays a fluctuating dividend based on company results. Altria's current stock price $47.35 and dividend yield 6.76 % (.80/share $3.20/year) pays a consistent dividend and has raised the dividend 53 times the past 49 years. As you can see in the chart above annual total dividend payout dropped (-15.9%) in 2016 due to Blackstone Group reporting market fluctuations. 2017 and 2018 bounced back at 15.2% and 13.0% increase in total annual income. Also in 2018 Altria raised the dividend twice 6.1% and 14.3% for a total 20.4% dividend increase in 2018 due to the Trump administration corporate tax cuts. Altria's corporate tax rate dropped from 35% down to 21% which freed up a lot of cash to be distributed back to stockholders in the form of dividends and stock buy backs. This is why Growth and Dividend stocks make good Money Sense. I will see you next quarter and report the distribution.