This week Ahold Delhaize announced a 9.6% increase in its yearly dividend. The dividend is raised from €0.52 to €0.57. This represents a payout ratio of 48%. This dividend is up for approval by the General Meeting of Shareholders on April 12, 2017. The dividend pay date is April 26, 2017 to shareholders of record on April 19, 2017 (ex dividend April 18, 2017).
The new dividend of €0.57 per share results in a dividend yield on current price of 2.78 %. My Vrijheid Fonds consist of 416 shares of Ahold Delhaize, so my annual dividends will increase by €17.68 (after taxes). My projected annual total amount from my shares of Ahold will be €214.63 after taxes.
Again a very nice dividend increase for my Vrijheid Fonds in 2017.