7,6% Proposed Dividend Increase l’Oreal

l’Oreal is proposing a dividend over 2017 of €3,55. This is up 7,6% from the 2016 dividend which was €3,30. I own 6 shares l’Oreal so this proposed dividend increase will result in an yearly estimated dividend income increase of €1,50.

Yield on cost after the dividend increase will be up from 1,9% to 2,0%