During the last weeks I received a few dividend increases! Of course I am happy with these raises, especially after a somewhat sobering 2020 in terms of dividend growth. So let's take a look at the raises.
On January 21 Intel Corporation reported fourth-quarter and full-year 2020 financial results. The company also announced that its board of directors approved a cash dividend increase of five percent to $1.39 per share on an annual basis. The board declared a quarterly dividend of $0.3475 per share on the company’s common stock, which will be payable on March 1 to shareholders of record on February 7.
Since my purchase of INTC shares back in 2013 the dividend growth has been around 6% annualy. That is not bad, but it's not swinging for the fences either. However based on the total stock return my purchase is a success nonetheless. Including dividends and FOREX changes my purchase yielded 16,5% annualy till now. I'll hang 'on for now.
Brookfield Infrastructure Partner
Brookfield Renewable Partners
Let's see what more 2021 has to offer!