These companies in my portfolio have moved payments up:
●H.J. Heinz normally pays in January but moved the payment up to Dec. 26. Payment dates for the preferred will still be in January 2013 however. Does this mean they are paying the common dividend before the preferred?
●Illinois Tool Works already declared a January dividend, but decided to move it up to Dec. 31.
●Coke is paying Dec. 17. Two Q4 dividends is normal for Coke however.
I know these companies are trying to do shareholders a favor, but for me it's annoying. I don't want the payments changing. First of all I like consistency for tracking and planning purposes. Second of all I'd rather delay paying the taxes. I will have to pay taxes on these dividends very soon. Tax season is right around the corner. I'm lower middle class and am not worried about the potential tax hikes anyways. It will barely affect me. Obama has my back on that one!
I really hope Pepsi and Philip Morris leave the dividend schedule alone but hey in reality it's just a slight annoyance and not the end of the world.