Wednesday, 8 June 2016

right on target

Yes. The pun is intended. A nice 7.1% dividend increase from Target today, which is pretty much what I was expecting (just read my article published yesterday). 

That means the quarterly dividend is going from $0.56 to $0.60, my 200 shares have a YOC = $2.40 / $61.66 = 3.89%, and I'm getting $32 more per year.

Not a bad day.

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