fredag 14 juli 2023

Reinvesting Altria dividend (6)

I have now reinvested 10% more stocks in Altria just from dividends. I will need to reinvest about 30 more to be able to buy 3 stocks each dividend, that will happen in about 4 years. I was hoping it would happen sooner, which it probably will. It depends on how big the dividend growth will be over the next coming years. It's been a bit over 4% last two years so that would speed things up. As always slow and steady wins the race in investing, or at least I feel it does. But we always have to combat that with our wanting to get rich fast.

Stocks owned: 130
Dividend per stock: USD 0.94
Dividend received: SEK 1,105.99
Reinvested number of stocks: 2

Stocks owned after reinvesting: 132

Effect on yearly dividend: +SEK 32.50

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