Friday the 13th of December the Board of Directors of Dominion Energy Inc. announced a quarterly dividend increase from $ 0.9175 to $ 0.94 per share that’s payable March 2020. This represents a 2.45% increase to the last quarter dividend.
The expected 2020 dividend increase would mark the 17th
consecutive year in which the annual dividend rate rose from the previous
year's rate and the growth rate approved by the board is consistent with
dividend guidance provided to investors in March 2019.
With current price $ 80.88 (Friday's close), this raise
brings their dividend yield to 4.65 %.
Since I own 40 shares of D, this will increase my
portfolio's projected annual net dividend income by $ 2.68.
This increase raises my YOC to 5.79%.
Summary of 2019 Dividend Increases / Cuts
No.
|
Ticker
|
Increase %
|
Net Increase
|
Net Increase
|
No.
|
Ticker
|
Increase %
|
Net Increase
|
Net Increase
|
€
|
$
|
€
|
$
|
||||||
1
|
TSX:CU
|
7.48%
|
8.14
|
9.93
|
2
|
O
|
2.04%
|
3.00
|
3.42
|
3
|
OKE
|
0.58%
|
0.65
|
0.75
|
4
|
WEC
|
6.79%
|
1.47
|
1.68
|
5
|
KMB
|
3.00%
|
1.02
|
1.16
|
6
|
INTC
|
5.00%
|
15.81
|
17.88
|
7
|
TELIA1
|
2.61%
|
13.00
|
14.82
|
8
|
NCC
|
-50.00%
|
-86.22
|
-98.61
|
9
|
CVX
|
6.25%
|
10.90
|
12.52
|
10
|
UPM
|
13.04%
|
122.93
|
140.95
|
11
|
GILD
|
10.53%
|
5.47
|
6.26
|
12
|
ADM
|
4.48%
|
3.33
|
3.80
|
13
|
MMM
|
5.88%
|
1.25
|
1.43
|
14
|
BIP
|
6.91%
|
0,77
|
0,87
|
15
|
NESTE
|
34.12%
|
172.84
|
196.45
|
16
|
ORNBV
|
3.45%
|
11.17
|
12.70
|
17
|
KESKOB
|
6.36%
|
10.43
|
11.85
|
18
|
SAMPO
|
9.62%
|
28.86
|
32.77
|
19
|
TSX:BCE
|
4.97%
|
7.79
|
8.84
|
20
|
TEL2
|
10.00%
|
6.42
|
7.24
|
21
|
TROW
|
8.57%
|
8.72
|
9.83
|
22
|
SKT
|
1.43%
|
1.98
|
2.24
|
23
|
CSCO
|
6.06%
|
9.76
|
11.03
|
24
|
PEP
|
2.96%
|
7.25
|
8.19
|
25
|
KO
|
2,56%
|
3.94
|
4.47
|
26
|
KHC
|
-36.00%
|
-59.14
|
-67.05
|
27
|
DLR
|
6.93%
|
22.08
|
25.03
|
28
|
MGA
|
10.61%
|
4.60
|
5.22
|
29
|
TSX:RY
|
4.08%
|
9.60
|
10.89
|
30
|
TSX:BNS
|
2.35%
|
6.16
|
7.02
|
31
|
ETN
|
7.58%
|
3.93
|
4.47
|
32
|
MAIN
|
2.56%
|
3.93
|
4.47
|
33
|
TSX:CM
|
2.94%
|
1.19
|
1.36
|
34
|
TSX:TD
|
10.45%
|
25.07
|
28.51
|
35
|
O
|
0.22%
|
0.34
|
0.38
|
36
|
WPC
|
0.19%
|
0.37
|
0.42
|
37
|
WSM
|
11.63%
|
5.87
|
6.71
|
38
|
KMI
|
25.00%
|
26.38
|
29.80
|
39
|
UNA:AS
|
5.99%
|
5.53
|
6.21
|
40
|
OKE
|
0.58%
|
0.66
|
0.75
|
41
|
LAZ
|
6.82%
|
8.01
|
8.94
|
42
|
JNJ
|
5.56%
|
8.03
|
8.94
|
43
|
MAIN
|
2.50%
|
1.73
|
1.94
|
44
|
BAX
|
15.79%
|
4.80
|
5.36
|
45
|
CAH
|
1.01%
|
0.73
|
0.82
|
46
|
TSX:T
|
3.21%
|
6.21
|
6.96
|
47
|
AQN
|
9.98%
|
17.04
|
19.07
|
48
|
FLO
|
5.56%
|
4.96
|
5.51
|
49
|
O
|
0.22%
|
0.34
|
0.38
|
50
|
TGT
|
3.13%
|
6.08
|
6.85
|
51
|
DUK
|
1.89%
|
1.63
|
1.83
|
52
|
WBA
|
3.98%
|
2.32
|
2.61
|
53
|
OKE
|
2.89%
|
3.34
|
3.73
|
54
|
NTR
|
4.65%
|
2.94
|
3.28
|
55
|
ITW
|
7.00%
|
3.75
|
4.17
|
56
|
TSX:RY
|
2.94%
|
7.27
|
8.06
|
57
|
TSX:CM
|
2.86%
|
2.35
|
2.60
|
58
|
MO
|
5.00%
|
18.82
|
20.86
|
59
|
TSX:BNS
|
3.45%
|
9.43
|
10.47
|
60
|
TSX:FTS
|
6.11%
|
7.89
|
8.71
|
61
|
PM
|
2.63%
|
6.91
|
7.60
|
62
|
WPC
|
0.19%
|
0.38
|
0.42
|
63
|
O
|
0.22%
|
0.34
|
0.38
|
64
|
MCD
|
7.76%
|
4.86
|
5.36
|
65
|
TSX:EMA
|
4.26%
|
6.68
|
7.31
|
66
|
COP
|
37.70%
|
9.37
|
10.28
|
67
|
OHI
|
1.52%
|
5.00
|
5.51
|
68
|
OKE
|
2.81%
|
3.35
|
3.73
|
69
|
VFC
|
11.63%
|
11.40
|
12.67
|
70
|
ABBV
|
10.28%
|
23.48
|
26.22
|
71
|
EMR
|
2.04%
|
1.61
|
1.79
|
72
|
WRK
|
2.20%
|
1.89
|
2.09
|
73
|
TSX:T
|
3.56%
|
7.36
|
8.14
|
74
|
TSX:ENB
|
9.76%
|
21.95
|
24.31
|
75
|
O
|
0.22%
|
2.41
|
2.68
|
76
|
D
|
2.45%
|
2.41
|
2.68
|
TOTAL
|
€652.22
|
$736.61
|
Increases
have been reported by deducting a 25.5% capital income tax.
Full Disclosure: Long D
Thanks for stopping by!
No comments:
Post a Comment