Today Coca Cola (KO) announced a 6.1% increase in its quarterly dividend. This is the 54th consecutive year of dividend increases. The dividend is raised from $0.33 to $0.35. The dividend pay date is April 1, 2016 to shareholders of record on March 15, 2016 (ex dividend March 11, 2016).
The new dividend amount represents an annualized dividend amount of $1.40 per share, up from $1.32. The dividend yield on current price is 3.22 %.
My Vrijheid Fonds consist of 80 shares of Coca Cola, so my annual dividends will increase by $5.44 (after taxes).
My projected annual total amount from my shares of KO will be $95.20 after taxes.
This is the 7th dividend increase in 2016 in my Vrijheid Fonds. An extra step in my journey to FI. With this post I share my happiness! So letβs open a coke can.
Open Happiness!
Cheers,
Pollie
Hey Pollie,
That’s great news! After T, OHI, ADM, WMT & TROW, this is my 6th raise of the year as well!
Do you have some sneaky reminder tool that notifies you whenever a stock in your portfolio raises their dividends? It is not the first time you bring me news about my portfolio, before I read it myself.. π It’s not a bad thing! Just wondering if you are looking at SeekingAlpha all day long, haha.
Best wishes, DfS
Hello DfS,
No i’m not looking at seeking alpha all day π
I have set up a kind of time table for my Vrijheid Fonds, to indicate when a raise is due.
And of course through SA I also get lots of information.
And Twitter helps tooπ
Congrats on your 6th raise!
Cheers,
Pollie
7 increases all ready! Really great!
stories like this keep me interested in DGI. One day, I will have to start!
And the community is so rich to pint you to some interesting stock!
Do not wait, just start. It can be done with small amounts.
I have some RDS.A to start with. I was considering to DRIP my shares this time rather an tak the cash… This way, I truly DGI…
That is a good start! When you drip you automatically build wealth and let your money work for you
Cheers,
Pollie