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Sunday, January 14, 2024

BLK Dividend Increase

Black Hills ($BLK) announced its next dividend of $5.10 per share, a 2.00% increase over its previous payout of $5.00.

DivGro's projected annual dividend income will increase by $14.00 to $714.00.

The dividend will be paid on 22 March to shareholders of record on 7 March. The ex-dividend date is 6 March.

I own 35 shares of BLK at an average cost basis of $395.64 per share. Following this increase, my yield on cost is 5.16%. (BLK's forward yield is 2.55% at $799.60 per share). 

BLK became DivGro's 29th Home Run stock in January 2021, when the stock doubled my original capital outlay.

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