Monmouth REIT increases quarterly dividend to $0,17

Today Monmouth REIT declared that the quarterly dividend will be increased from $0,16 to $0,17. This results in a yearly dividend of $0,68 per year.

I have 30 shares of Monmouth REIT so this dividend increase will result in $1,20 extra dividend per year. My YOC will increase from 4,35% to 4,63%.