Monday, May 16, 2016

Stock buy! IBM

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.

1 comment:

  1. This comment has been removed by a blog administrator.