Ryder Systems, Inc. (R) raised its dividend again in July. The company has had four dividend increases in the less than three years that it has been in the nonPension portfolio. Thanks to dividend increases and dividend reinvestment over the time I have owned R, the next payment will be $1.66 more than my first one.
During the time the dividend has gone up, R's stock has increased in value as well. If R keeps up its dividend growth rate continues over the next 17 years, it will make a great contribution to my overall income when I turn 65.
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