Danone did go ex-dividend recently and I noticed that the yearly dividend got increased by 2,1% to €1,94 per year.
As a result of the 23 shares Danone I own my yearly estimated dividend income will increase by €0,92.
Based on the increased dividend my yield on cost is now 2,95%.
Today I bought 23 shares Danone at a price of €65,65 per share.
Danone is a French food processing company. The main brands Danone is owning are Active, Actimel, Evian, Aqua, Volvic, Danone and Nutricia. To bring more balance in my portfolio I was looking for a company active in the food market and I did choose Danone.
Danone has a yearly dividend of €1,90 which brings the yield on cost on 2,89%. The dividend is paid once a year around the end of May. This purchase doesn’t increase my dividend outlook for this year, but it will add €43,70 to the dividends I expect to receive next year.