Friday, July 31, 2015

Dividend raises - July 2015

The bread and butter of the DGI strategy are the raises you receive over time.

Dividends itself are a great way to earn some money, but increasing dividends are amazing.
Especially if you consider the effort you have to put in, to get those raises: none!

My blog is only 13 months old and I have had the pleasure of receiving several raises.
This month is no exception.

Target Corp (TGT)
On June 9th, TGT increased their quarterly dividend from $0.52 to $0.56.
This is a 7.69% increase! I wish my employer would give me the same..

This increases my YOC from 3.55% to 3.82%.

Kinder Morgan Inc (KMI)
On July 15th, KMI increased their quarterly dividend from $0.48 to $0.49.
This is a 1.85% increase. One penny doesn't seem to be much, but every penny counts!

This increases my YOC from 5.52% to 5.63%.

Omega Healthcare Inc (OHI)
Also on July 15th, OHI declared a $0.55 dividend. This is also a 1.85% increase.

This increases my YOC from 6.09% to 6.20%.

Pretty nice YOC's if you'd ask me. Definitely happy with that.

Did you receive any raises recently?

Thanks for reading!

2 comments:

  1. I'm very happy to hear about KMI and OHI's dividend increases. :)

    ReplyDelete
    Replies
    1. No problem!
      Unfortunately you're not a shareholder of TGT. The company did great over the past 12 months :)

      Have a nice day!

      Delete