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home / news releases / BPAQF - The Retirees' Dividend Portfolio: John And Jane's May Taxable Account Update


BPAQF - The Retirees' Dividend Portfolio: John And Jane's May Taxable Account Update

Honeywell (HON) is the newest addition to the Taxable Account and has morphed into a dividend powerhouse. Since 2008, it currently pays a dividend rate that is more than 3x the amount paid in 2008 and it has managed to do this without compromising the payout ratio. This has been achieved by focusing on high-margin products (aerospace being a major focus) which can be clearly seen when we look at how gross profit has nearly doubled since 2008 even as revenue stays the same (or even contracted in most recent years).

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Stock Information

Company Name: BP PLC
Stock Symbol: BPAQF
Market: OTC

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