It is always fun to watch for the individual dividend stock holdings that have recently increased their dividends. To me, this really means two things. First, it means that the company is strong as it has been able to raise the amount of cash it pays out to investors. Second, it means that I have just got a raise in the form of more dividends. This adds up over time and one day, I will be able to retire on this additional income. [ad#tdg-embedded]
I recently had a look through my portfolio and updated my spreadsheet that tracks my investment account and found that the following stocks have increased their dividends since the last time I partook in this activity. Here are those list of stocks:
1. Coca-Cola – 8% increase
2. Wal-Mart 15%
Not a huge list, but those increases are substantial nonetheless. I look forward to many more of them in the future.