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On July 23, Amphenol Corporation (APH) increased its quarterly dividend by 50%, from 11 cents to 16.5 cents per share. The dividend will be paid on Oct. 9, 2024 to shareholders of record on Sept. 17, 2024. The ex-dividend date is Sept. 17.

The stock's contribution to my projected annual dividend income will increase by $88 to $264.

I own 400 shares of APH at an average cost basis of $60.66 per share. Following this increase, my yield on cost is 1.09% (the stock's forward yield is 1.03% at $63.86 per share).

Since I opened my Amphenol Corporation position in April 2024, the stock has increased by 9%. I've not yet received any dividend income from the stock.

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