A dividend from AT&T was received. The dividend was over 3% higher than last quarter and 7% higher than normal because of portions of previous dividends being reinvested along with an annual increase of $0.01 per share. This type of increase is how wealth is created and sustained.
Dividend reinvestment is one way KDK Fund uses to create wealth. Getting 3% quarterly increases due to dividend reinvestment is awesome! Needless to say, a portion of the dividend will be reinvested. More importantly, a portion will be going to charity, which is even better!
**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.
