Dividend Strategy Scorecard 3.31.2023
We believe many investors are seeking income and growth of income — now or at some point in the future. This tends to come organically through a planning process. The income generated from dividends and dividend growth can help directly align these income-based objectives. Therefore, we believe designing portfolios that match income objectives actually helps investors stay on track and avoid the potential pitfalls of market timing, chasing performance, improper benchmarking and other unproductive investor habits.
For illustrative and educational purposes only. Graph assumes a 20-year time horizon. Dividends are not guaranteed, and may be subject to change. The current yield may not be representative of the Berkshire Dividend Growth current yield. A current yield estimate can be provided by request. Investing based on dividends alone may not be favorable as it does not include all material risks. There is no guarantee any stated (or implied) portfolio or performance objective mentioned by Berkshire can be met. Fees are not included in the analysis and would lower values. Growth rates of dividends vary and illustration may not be indicative of future returns. The S&P Index Price Only tracks the 500 largest companies in the U.S. by market cap. It is a price index, not a total return index, meaning it does not factor in cash dividends paid to the shareholders of those companies. Investors cannot invest in an index directly, and the performance of an index does not represent any actual transactions. The S&P 500 Index Total Return is the investment return received each year, including dividends, when holding the S&P 500. The performance of an index does not include the deduction of various fees and expenses which would lower returns. Past performance is no guarantee of future results.
Recent Dividend Increase Announcements
05.04.23Apple Increases Dividend by 4%
05.02.23PepsiCo Increases Dividend by 10%
03.08.23Qualcomm Increases Dividend by 7%
02.22.23M&T Bank Increases Dividend by 8%
02.21.23Walmart Increases Dividend by 2%
02.01.23PepsiCo Increases Dividend by 7%
01.25.23Chevron Increases Dividend by 6%
12.14.22Nucor Increases Dividend by 2%
12.09.22Pfizer Increases Dividend by 2.5%
12.09.22Abbott Increases Dividend by 8.5%
Berkshire Asset Management, LLC (“BAM”) is a Registered Investment Advisor under the Investment Advisors Act of 1940. Registration as an Investment Advisor does not imply any level of skill or training. *Berkshire Asset Management, Inc. was formed in 1986 as a SEC registered investment adviser. In 1999 the company was sold to Legg Mason. In 2007, senior leadership repurchased the firm, forming BAM. In December 2022, iM Global Partner, a leading global asset management network, made a strategic, non-controlling investment in Berkshire. All information contained herein is for informational purposes only and does not constitute a solicitation or offer to sell securities or investment advisory services. Access to BAM is only available to clients pursuant to an investment advisory agreement and accepting delivery of BAM’s Form ADV Part 2A, 2B, and 3. You are encouraged to read those documents carefully. BAM manages portfolios for individuals and institutions. All investing carries risk including risk of principal loss. No statement made herein shall construe investment advice. All statements made herein are opinions of BAM and subject to change. Berkshire assumes no responsibility towards the accuracy of the data included.