A Couple of Dividend Increases

Written by The Dividend Guy on February 18, 2006

A couple of my stocks have had some dividend increases lately. Coca-Cola just increased their dividend from $1.12 per share/year to $1.24 per share/year - an increase of 11%. Further, in the last 10 years, Coke has increase their dividend at a compund annual rate of 10%. Exactly what I was hoping for when I bought the stock. I now receive a total of $37.85 per year in dividends from Coca-Cola.

Another one that increased for me was Pfizer. I have not owned Pfizer for long but shortly after I bought it the company raised their dividend to $1.04 per share/year from $0.96 per share/year. In addition, this will be the 39th consecutive year of annual dividend increases for Pfizer shareholders. Keep them coming.


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2 Comments so far

  1. baselle February 19, 2006 9:06 pm

    Yep, MMM is another one that raised its dividend too, from .42 to .46.

  2. mg February 24, 2006 1:11 pm

    PFE raised the dividend to $0.96 per year from $0.76, a 26% increase.

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