If dividends are our income then dividend raises are our income raises.
Most people get a raise between 2% and 5%. Sometimes you'll hear of younger workers getting 7%, especially if they are hard working and talented. Their income is lower so a higher dollar amount equates to a higher percent.
Some dividend paying companies can give you a whopping huge dividend increase. For example, Strawberry Fields increased their dividend from $0.14/share to $0.16/share. That's only 2 pennies but it's actually ...
(2 ÷ 14) × 100 = 14.29% 😎
That's kind of unique though. It's hard to find a winner like that everywhere ... but they do exist!
If dividends are our income then dividend raises are our income raises.
Most people get a raise between 2% and 5%. Sometimes you'll hear of younger workers getting 7%, especially if they are hard working and talented. Their income is lower so a higher dollar amount equates to a higher percent.
Some dividend paying companies can give you a whopping huge dividend increase. For example, Strawberry Fields increased their dividend from $0.14/share to $0.16/share. That's only 2 pennies but it's actually ...
(2 ÷ 14) × 100 = 14.29% 😎
That's kind of unique though. It's hard to find a winner like that everywhere ... but they do exist!