working towards €1.000 a month in dividend income
l’Oreal announced an increase of their yearly dividend from €3,85 to €4,25. This is an increase of 10,4%.
As a result of the 6 shares l’Oreal I own, my yearly estimated dividend income will increase by €2,40.
This is my 6th dividend increase this year and based on this increases my yearly estimated dividend income will this year grow by €43,32.
Yesterday l’Oreal announced an increase of their yearly dividend from €3,55 to €3,85. This is an increase of their dividend by 8,5%.
I own 6 shares so my yearly estimated dividend income is increasing with €1,80. My yield on cost is now 2,22%.
l’Oreal is already the 12th company increasing their dividend payment this year.
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%