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.
The second month of 2025 is now behind us, and with spring just around the corner, it's time to declare my dividend income. In February 2025, my portfolio's dividend income was as follows:
On Tuesday, March 18th the Board of Directors of QUALCOMM Incorporated (QCOM) announced a quarterly dividend increase of from $0.85 to $0.89 per share. This dividend increase will be effective for quarterly dividends payable after March 27, 2025. This represents a 4.71% increase over the last quarterly dividend.
Cristiano Amon, President and CEO of Qualcomm Incorporated, said, “We are pleased to announce an increase in our quarterly dividend. Given our long-term growth expectations we provided at our 2024 Investor Day, we remain committed to returning capital to stockholders through a balanced capital return policy, including a baseline of anti-dilutive stock repurchases, and an annualized dividend target of low- to mid-single-digit percentage growth.”
At the current price of $156.29 (yesterday's close), this increase will raise QCOM's dividend yield to 2.28%.
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.
On Thursday, March 6th the Board of Directors of Canadian Natural Resources Limited (CNQ) announced a quarterly dividend increase of from C$0.5625 to C$0.5875 per share that’s payable April 4, 2025 to holders of record March 21, 2025. This represents a 4.4% increase over the last quarterly dividend. It should be noted that this is the second increase in the last 12 months. In December 2024, CNQ increased quarterly dividend from C$0.525 to C$0.5625 or 7.14%, bringing the annual increase to 11.9%.
The Company has a leading track record of dividend increases, with 2025 being the 25th consecutive year of dividend increases with a compound annual growth rate ("CAGR") of 21% over that time.
At the current price of C$42.04 (yesterday's close), this increase will raise CNQ's dividend yield to 5.59%.
On Wednesday, March 5th the Board of Directors of General Dynamics Corporation (GD) announced a quarterly dividend increase of from $1.42 to $1.50 per share that’s payable May 9, 2025 to holders of record April 11, 2025. This represents a 5.63% increase over the last quarterly dividend.
This is the 28th consecutive annual dividend increase authorized by the General Dynamics board.
At the current price of $271.94 (yesterday's close), this increase will raise GD's dividend yield to 2.21%.
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.