DSM interim dividend up 32,7%

Last week I received an interim dividend of Dutch specialty chemicals company DSM (EPA:DSM). The interim dividend is up 32,7% from €0,58 to €0,77. Also DSM communicated to the plan to payout €2,30 over 2018 including the interim dividend. This is up 24,3% compared to the 2017 dividend.

I own 13 shares of DSM (EPA:DSM). So the interim dividend increase results in €2,47 in extra dividends. Increase of the final dividend will result in €3,38 extra dividend.

Expected Yield on cost will increase from 2,84% to 3,53%.

5,7% Dividend Increase DSM

DSM announced at the annual shareholders meeting a 5,7% dividend increase from €1,75 to €1,85 over 2017. €0,58 already has been paid as interim dividend.

I own 13 shares DSM so this dividend increase means my yearly estimated dividend income will increase with €1,30. As a result of this increase my yield on cost is 3,17%.