This is simply a quick post to clear up misconceptions about Unilever's (UL/UN) dividend. If one was to look closely at this company they might notice common shares come in a variety of different classes. I personally chose UL for my portfolio (to avoid dividend withholding taxes), but I do recognize dividends are paid in Euros then converted to other currencies like US dollars.
Split adjusted dividend history of Unilever NV shares:
** Unilever switches from semi annual to quarterly dividend payments. YAY!!!
++ Unilever pays a €.26 special dividend. NV shares split 3:1, PLC shares split 9:5 (according to Yahoo)
As you can clearly and beyond any doubt see, this company has a long and robust dividend growth streak in place. US and Canadian investors receive dividends in dollars and might mistake currency fluctuations as dividend cuts. It's ridiculous to expect an European company to pay dividends in dollars, therefore we ought to expect currency fluctuations from our foreign holdings. It's a fact of life.
I'm not recommending this stock to others, but I do own it myself. Have an awesome weekend!