The whole reason I picked the stocks to buy was because of a track record of increasing the dividend. With each dividend increase, my original investment pays me back at a higher rate.
Not only am I being paid to be alive, but I am getting a pay raise for being alive. Sweet. This allows me to enjoy more roadkill patty melts!
Eventually, with ever increasing dividends, you could earn back your original investment annually.
And with each increased return, the risk lowers. If you have received over 100% of your original investment in dividends, you have no risk and all gain. I like that.
This April, I received a $113.27 increase in my annual dividend income. Of the companies involved, it was a 6.85% increase. Just keeping up with inflation.
The big increases were from Costco (COST) with a 13.9% hike, and Paychex (PAYX) and its 19.7% increase.
IBM, just to keep up a pattern of annual increases only declared a $.01 - a .6% increase to no lose their status ad a Dividend Aristocrat (25 consecutive years or more of dividend increases).
Here's the nitty gritty of the increases in a cute little spreadsheet,
Until next month, cheers!