Dividend increase Unilever 2018

Dividend increase Unilever

At the 19th of April the board of Unilever decided to increase the quarterly dividend from € 0,3585 to € 0,3872 per quarter. This means an increase of € 0,0287 per share per year which translates to a 8,01% increase. The dividend is paid on June the 6th 2018 to shareholders of record on May the 4th 2018.

 

The Pursuit

Since I have 23 shares this increase means that my yearly dividend for Unilever is now € 35,62. Up from € 32,98 or a € 2,64 increase in yearly dividends. After taxes I will receive € 30,28 per year from the company.

This increase means Unilever currently yields 3,21% and my yield on cost rises to 4,01%.

 

Conclusion

Unilever is one of the few European stocks in my portfolio. It’s a great Dutch dividend stock and I love the average dividend growth of 8%. This year the increase is just at the average. Unilever is doing a lot to increase shareholder value lately. They also announced a nice share buyback program. I believe the company has a bright future. Slow but steady growth is what I expect.

What do you think of the dividend increase? Do you own Unilever? And how do you see the future of Unilever after the recent developments? Don’t hesitate to comment below!

 

4 thoughts on “Dividend increase Unilever 2018”

  1. As you know I also hold 10 shares. Loving the company and their products which I use daily. 🙂

    Great news for us, hopefully we can see the same next year!

    1. They became more expensive after the Craft Heinz offer. A pitty if you want to buy. On the other hand, if they continue like they are doing, then the price could still be right, but who knows. I don’t. 🙂

Leave a Reply

Your email address will not be published. Required fields are marked *