Welcome and thanks for reading!
In this review, I will make a summary of important and interesting news and events over the last week related to my portfolio holdings. Also, I will put together some interesting articles from other websites that caught my attention during the past week.
Monday, October 7th the Board of Directors of Canadian Natural Resources Limited (CNQ) announced a quarterly dividend increase of from C$0.525 to C$0.5625 per share that’s payable January 3, 2025 to holders of record December 13, 2024. This represents a 7.14% increase over the last quarterly dividend. This will make 2025 the 25th consecutive year of dividend increases by Canadian Natural, with a CAGR of 21% over that time.
With current price C$49.43 (today's open), this raise brings their dividend yield to 4.55%.
Welcome and thanks for reading!
In this review, I will make a summary of important and interesting news and events over the last week related to my portfolio holdings. Also, I will put together some interesting articles from other websites that caught my attention during the past week.
Wednesday, October 2nd the Board of Directors of Lockheed Martin Corporation (LMT) announced a quarterly dividend increase of from $3.15 to $3.30 per share that’s payable December 27, 2024 to holders of record December 2, 2024. This represents a 4.76% increase over the last quarterly dividend. This marks the 22nd consecutive year of dividend increases for the company.
LTM's board has also authorized the purchase of up to an additional $3 billion of Lockheed Martin common stock under its share repurchase program. With this increase, total authorization for future repurchases under the share repurchase program is approximately $10 billion.
Welcome and thanks for reading!
In this review, I will make a summary of important and interesting news and events over the last week related to my portfolio holdings. Also, I will put together some interesting articles from other websites that caught my attention during the past week.
Yesterday, September 26th the Board of Directors of Fortis Inc. (TSE: FTS) announced a quarterly dividend increase of from C$0.59 to C$0.615 per share that’s payable December 1, 2024 to holders of record November 18, 2024. This represents a 4.24% increase over the last quarterly dividend. That announcement marks 51 consecutive years of dividend increases.
With current price C$61.13 (today's open), this raise brings their dividend yield to 4.02%.
Yesterday, September 25th the Board of Directors of McDonald's Corporation (MCD) announced a quarterly dividend increase of from $1.67 to $1.77 per share that’s payable December 16, 2024 to holders of record December 2, 2024. This represents a 5.99% increase over the last quarterly dividend. The increase over the Company's previous quarterly dividend reflects continued confidence in the Accelerating the Arches growth strategy and our ability to drive long-term profitable growth for all stakeholders.
McDonald's has a strong history of returning capital to its shareholders and has raised its dividend for 48 consecutive years since paying its first dividend in 1976.
With current price $300.47 (yesterday's close), this raise brings their dividend yield to 2.36%.