A quick lesson on dividend raises using $T

2017: $1.96 annual dividend
2018: $2.00 annual dividend
2019: $2.04 annual dividend
2020: $2.08 annual dividend

If this continues

2021: $2.12 annual dividend
2022: $2.16 annual dividend
2023: $2.20 annual dividend

(mini-thread)

That means if the dividend increase stays at $0.04 annually and you buy $T for $30 in 2020

In 2030, the annual dividend will be $2.48

That means your yield for that share grew from 6.8% (in 2020) to 8.2% (in 2030)

And the best part? You had to do NOTHING to earn that raise!

Also, the whole time you owned that $30 share of $T, you were earning dividends

In that 10 years, you earned $25.08 in dividends... nearly 1 FULL share of $T

In 20 years? That $30 share of $T has generated $52.08 in dividends!

That’s the power of dividend growth

Using $T as an example, not investing advice

*Past performance and dividend raises does not reflect future performance and dividend raises

*All hypothetical