Evergy Dividend Increase

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On 7 November, Energy (EVRGincreased its quarterly dividend by 3.89%, from 64.25¢ to 66.75¢ per share.

The dividend will be paid on 20 December to shareholders of record on 21 November. The ex-dividend date is 21 November.

EVRG's contribution to DivGro's projected annual dividend income will increase by $30 to $801.

I own 300 shares of EVRG at an average cost basis of $55 per share. Following this increase, my yield on cost is 4.85%. (ATO's forward yield is 4.35% at $61.41 per share). 

Since I opened my EVRG position in January 2024, the stock has produced total returns of 15%, including $578.25 in dividend income.

5-Year History of Dividend Payouts by Ex-Date

2019 2020 2021 2022 2023 2024
$1.9300 $2.0500 $2.1775 $2.3300 $2.4800 $2.5700
11.24% 6.22% 6.22% 7.00% 6.44% 3.63%
5-year DGR: 7.41% 5.89%

projected, assuming no further changes


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Disclaimer: I'm not an investment professional or a licensed financial advisor. This article represents my personal views and decisions, which may not be appropriate for other investors. ...

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