Last month, Sysco announced that they are increasing their quarterly dividend per share from $0.29 to $0.30. This was speculated in a recent post (link here). This move will increase the dividend 3.4%.
Owning assets that grow their dividends is one way the fund plans to build wealth. This will be the second holding of the fund to increase its dividend. Increasing the dividend also speeds up the effect of the reinvestment sharebuilding plan.
If
you have any stocks that you think KDK Fund would be interested in
researching, let us know at kdkfund@gmail.com or twitter @kdkfund.
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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**
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