Quanta Services increases dividend by ~14%

• Quanta Services (NYSE:PWR) declares $0.08/share quarterly dividend, 14.3% increase from prior dividend of $0.07.
• Forward yield 0.21%
• Payable Jan. 13; for shareholders of record Jan. 3; ex-div Dec. 30.
• See PWR Dividend Scorecard, Yield Chart, & Dividend Growth.

Comments

[Gprattalpha]

Nice. Please don’t comment on the paltry yield. PWR is not a stock you own for the dividend.

[Billandgayle]

@Gprattalpha OK, I wouldn’t comment on the paltry yield although it is paltry.
Great stock with a lot further to run.

[tgr65]

@Billandgayle If a dividend is so small, is it really a dividend? I own about $12k worth and my annual income is $27. But at least dividend focused investors or ones that only buy stocks that pay a dividend can buy it.

[Gprattalpha]

@tgr65 I bought in 4 tranches in 2015. Highest price I paid was $28.48. They've been killing it. I've been dripping the dividend since they started paying divvy in 2018. To date I've dripped 5.6795 shares :-)

Probably pay divvy to be included in certain ETF's