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!
I'm very happy to hear about KMI and OHI's dividend increases. :)
ReplyDeleteNo problem!
DeleteUnfortunately you're not a shareholder of TGT. The company did great over the past 12 months :)
Have a nice day!