My Million Dollar Goal - 8th March 2010
March 8th, 2010Hello everyone!
2010 won’t be a disappointing year for income investors. Atleast not for me.
Here is my current dividend portfolio:
Berkshire Hathaway Inc B 0.77309
Coca Cola 16.23005
Kraft Foods Inc 26.70562
McDonalds 12.24261
Nestle N 2.89255
PepsiCo 14.78645
Procter&Gamble 2.26402
Lloyds Bank 1 034.84909
Coca Cola raised its dividend 7.3% to 44 cents per share. So I will receive 0.44*16.23005 = $7.141222 from coca cola. Nestle raised its dividend 14.30% to $1.477 ( with the current USD/CHF exchange rate ) per share. I am surprised by the big raise in dividend from Nestle. I didn’t think it would be above 10% in dividend increase. My stake in nestle is ridiculously small so I am not so excited by the dividend raise.
This was a nice beginning on my income investing strategy, hopefully coca cola & nestle willl continue raising their dividends for years to come.
