Pinnacle ($PNW) announced its next dividend of $0.88 per share, a 1.73% increase over the company's previous payout of $0.865.
DivGro's annual dividend income will increase by $12.00 as a result.
I own 200 shares of PNW at an average cost basis of $77.57 per share. Following this increase, my yield on cost is 4.54%. PNW now contributes $704 to DivGro's projected annual dividend income [PADI].
PNW currently yields 4.65% at $75.72 per share.
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