It hasn't happened to me a lot since I've started investing, but today another company decided to give me a pay raise.
Coca Cola Company (KO) raised it's quarterly dividend from$0.35 to $0.37 a share. This is a raise of 5.7%. Much higher than inflation in The Netherlands at the moment.
Since I own 28 shares of KO my annual net dividend income is increased by $1.90.
This raise rises YOC to 3.4%.
Congrats on the 5.7% raise. That is always welcome. Plus, with over 100 years of paying a dividend, it nice to see them keep the trend alive.
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