During the time I have owned Corning Incorporated (GLW) in my nonPension portfolio, GLW has raised its dividend by more than 10%. The most recent increase is 16%.
Thanks to dividend increases and reinvestment of dividends, my next dividend payment will be 40% (!) higher than my first payment two years earlier. The annualized rate of increase in my payments is 18%.
While the payments have increased at a rapid pace, the value of my shares has progressed in a similar fashion.
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