The Travelers Companies, Inc. Dividend Increase
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The Travelers Companies, Inc. (TRV) recently increased its quarterly dividend by 5.00%, from $1.00 to $1.05 per share.
The dividend will be paid on June 28 to shareholders of record on June 10. The ex-dividend date is June 7.
TRV's contribution to my projected annual dividend income will increase by $20.00 to $420.00.
I own 100 shares of The Travelers Companies, Inc. at an average cost basis of $115.88 per share. Following this increase, my yield on cost is 3.62%. (The stock's forward yield is 1.98% at $212.41 per share.)
Since I opened my position in TRV in May 2013, it has produced annualized total returns of 14.9%, including $2,353.80 in dividend income. The Travelers Companies, Inc. became my portfolio's 49th Home Run stock in January 2024, when the stock doubled my original capital outlay.
5-Year History of Dividend Payouts by Ex-Date
2019 | 2020 | 2021 | 2022 | 2023 | • | 2024 |
$3.230 | $3.370 | $3.490 | $3.670 | $3.930 | ⬆ | $4.150✝ |
6.60% | 4.33% | 3.56% | 5.16% | 7.08% | ⬇ | 5.60% |
5-year DGR: | 5.34% | ⬇ | 5.14% |
✝projected, assuming no further changes
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Disclaimer: I'm not an investment professional or a licensed financial advisor. This article represents my personal views and decisions, which may not be appropriate for other investors. ...
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