Amphenol Corporation Dividend Increase -

Amphenol Corporation Dividend Increase

Jul 27, 2024Jeremy ParkinsonFinance, No picture0

Image Source: UnsplashOn 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.More By This Author:JPMorgan Chase Dividend IncreaseRealty Income Dividend Increase – Saturday, June 15Main Street Capital Dividend Increase