Tuesday Feb 21 the board of directors of Walmart decided to give me a raise. The Board of Directors of Wal-Mart Stores, Inc. (WMT) approved an annual cash dividend for fiscal year 2018 of $2.04 per share, an increase of 2 percent from the $2.00 per share paid for the last fiscal year. The fiscal year 2018 annual dividend of $2.04 per share will be paid in four quarterly installments of $0.51 per share
WMT is one of my earliest investments from around 2002 ive added to it once need to add some more will nibble over time. this increase is the 44th straight for the company. while it is not a lot it sure does help out in the long run.
This increase is about 2 percent which is small but hopefully increase in the future.
Since i have a 19.4 shares this will raise my dividend by 19.8 cents a quarter or
.776 cents a year.
along with this one i have the following so far
other dividend raises announced this
announced last year effective this year
The total is 15.09 in raises so far.
This is how we get to financial independence when we hit that crossover point where our money pays our bills and everything else then we own our time and money.
Anybody else have an raises lately?
Disclaimer I am long all stocks mentioned.