WDP has the intention to increase dividend from €4,80 to €5,20

Together with the publication of the 2019 interim rapport WDP announced the ambition to increase the yearly dividend from €4,80 to €5,20.

This is an increase of 8,3%. WDP also proposed a 7:1 stock split.

As a result of the 11 shares I own my yearly estimated dividend income increased by €4,40. Yield on cost of my WDP position based on the new dividend is 5,5%.