Alphabet Dividend Increase
On 29 April, Alphabet (GOOG) increased its dividend by 4.76%, from 21¢ to 22¢ per share.
The dividend is payable on 15 June to shareholders of record on 8 June.
GOOG’s contribution to DivGro’s projected annual dividend income will increase by $2 to $44.
I own 50 shares of GOOG at an average cost basis of $70.81 per share. Following this increase, my yield on cost is 1.24%. (The stock’s forward yield is 0.23% at $382.51 per share).
Since I opened my position in June 2017, the stock has delivered a total return of 442%, including dividends of $80. That’s a spectacular annualized rate of return of 28.3%!
GOOG became DivGro’s 32nd Home Run stock in February 2021, when it doubled my original capital
outlay.
5-Year History of Dividend Payouts by Ex-Date
| 2021 | 2022 | 2023 | 2024 | 2025 | • | 2026 |
| $0.60 | $0.83 | ⬆ | $0.87✝ | |||
| 38.33% | ⬇ | 4.82% | ||||
| 5-year DGR: | ||||||
✝projected, assuming no further changes
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