Thursday, February 4, 2021

Dividend Increase #13 of 2021 - Unilever PLC (UNA.AS)


Thursday, February 4th the Board of Directors of Unilever PLC (UNA.AS) announced a quarterly dividend increase of from € 0.4104 to € 0.4268 per share that’s payable March 17, 2021 to holders of record February 26, 2021. This represents a 4.0% increase over the last quarterly dividend.


With current price € 48.14 (today's open), this raise brings their dividend yield to 3.55%.


UNA is a Dividend Champions with a 28 year streak of dividend increases. (2101 EURO Dividend Champions)



Since I own 80 shares of Unilever, this will increase my portfolio's projected annual net dividend income by € 3.91.


This dividend increase was a little disappointing, my expectations were not high, but I expected growth of at least five to six percent, especially since the previous increase was almost two years ago.


This is the fifth dividend increase, which I have received from Unilever after I started my position in September 2015. The total dividend growth during this period was fairly good 41.3%.


This increase raises my YOC to 4.78%.



Summary of 2021 Dividend Increases / Cuts



Click here to see my portfolio holdings.


You can follow the development of my dividends here.


Full Disclosure: Long UNA.AS


Thanks for stopping by!


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