Yesterday OHI announced a 1.6% increase in its quarterly dividend.
It was the 20th consecutive dividend increase. The dividend is raised from $0.63 to $0.64. The dividend pay date is August 15, 2017 to shareholders of record on August 1, 2017 (ex dividend July 28, 2017).
Vrijheid Fonds
The new dividend amount represents an annualized dividend amount of $2.56 per share, up from $2.52. The dividend yield on current price is 7.79%.
My Vrijheid Fonds consist of 144 shares of OHI, so my annual dividends will increase by $4.90 (after taxes).
My projected annual (2017) total amount from my shares of OHI will be $277.81 after taxes.
DGI at work! I love it!
Cheers,
Pollie
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And that all happened without you lifting a finger. All that was required was for you to have invested in the stock in the first place. That’s why it’s important to not just invest in companies that pay dividends, but also in those that raise their dividends every year. That increase will continue to work for you compounding its growth. You just have to love DGI.
I love it!!
Great stuff, thanks for the heads up!
You’re welcome!