DivGro is now DivGro 2.0!

DivGro moved to another platform and is now DivGro 2.0!

Please enjoy complimentary access to all the content on DivGro 2.0 until I formally launch it! You can sign up for free and join more than 1,350 existing members!

Complimentary access includes my monthly newsletter and articles like
 How to Assess Dividend Quality and The Chowder Ruleand a live spreadsheet of my DivGro Portfolio.

Read more About DivGro 2.0 ...

Friday, November 8, 2024

Evergy Dividend Increase

On 7 November, Energy  (EVRG) increased its quarterly dividend by 3.89%, from 64.25¢ to 66.75¢ per share.

The dividend will be paid on 20 December to shareholders of record on 21 November. The ex-dividend date is 21 November.

EVRG's contribution to DivGro's projected annual dividend income will increase by $30 to $801.

I own 300 shares of EVRG at an average cost basis of $55 per share. Following this increase, my yield on cost is 4.85%. (ATO's forward yield is 4.35% at $61.41 per share). 

Since I opened my EVRG position in January 2024, the stock has produced total returns of 15%, including $578.25 in dividend income.

5-Year History of Dividend Payouts by Ex-Date
2019 2020 2021 2022 2023 2024
$1.9300 $2.0500 $2.1775 $2.3300 $2.4800 $2.5700
11.24% 6.22% 6.22% 7.00% 6.44% 3.63%
5-year DGR: 7.41% 5.89%

projected, assuming no further changes


Thanks for Reading!
You can follow me on TwitterFacebookSeeking Alpha, and TalkMarkets

No comments :

Post a Comment

Please don't include links in comments. I will mark such comments as spam and the comment won't be published. To make me aware of your blog or website, comment on my Blogrole page instead.

Subscribe to Portfolio Insight and Save!

Use my affiliate link to sign up for a free 14-day, no-obligation trial of Portfolio Insight. No credit card required. If you decide to subscribe during the trial period, you'll receive a 20% discount on the first year's annual subscription price of $330. Please note the 20% affiliate discount does not apply to the monthly rate.