AT&T Increased Their Dividend

AT&T has announced an increase in their dividend. The dividend is now $0.49 per share. This is partly due to the fact of the Time Warner deal. Regardless, KDK Fund's shares are now generating more wealth at a faster pace.

The dividend has been raised 2.1% to 0.49 per share. Since the original purchase of shares 15 months ago, the dividend has been raised  4.25%. With dividend reinvestment, the shares will create 5-7% more revenue than when they were bought. 

The link to the Barron's story is here.
 

   **All posts on this blog are information and opinions only. They are not to be considered recommendations to buy or sell any security. Please do your due diligence first before trading and investing. Please direct all questions and comments to the blog or to kdkfund@gmail.com or on twitter @kdkfund.

New Purchase in Ares Commercial REIT

The fund purchased more shares of Ares Commercial REIT on Friday. This will increase the scheduled January dividend payment by over 47% from this quarter. It will also increase the scheduled quarterly dividend to be increased by over 10% compared to last quarter.

There is no plan to sell the shares. The plan is to continue to accumulate shares and use the dividend reinvestment plan and call selling plan to increase revenue at an increasing rate.

Other holdings include AT&T, and Ford.

 **All posts on this blog are information and opinions only. They are not to be considered recommendations to buy or sell any security. Please do your due diligence first before trading and investing. Please direct all questions and comments to the blog or to kdkfund@gmail.com or on twitter @kdkfund.