Another purchase in tech sector. IBM has increased their dividends for 21 years straight and at the moment the price is quite good. Dividend yield is 3,85% and it will increase my annual dividend income by 95,2 USD as I bought 17 shares at the price of 144,65 USD per share. Average increase in dividends has been around 16% for IBM which means that next year I should get around 110 USD per year from IBM. Thats a 15 USD increase for doing absolutely nothing! Thats the main reason I really believe in dividend growth investing.
This comment has been removed by a blog administrator.
ReplyDelete