Dividend Increase - Emera Inc. (TSE: EMA)

 

Wednesday, September 20th the Board of Directors of Emera Inc. (TSE: EMA) announced a quarterly dividend increase of from C$0.69 to C$0.7175 per share that’s payable November 15, 2023 to holders of record November 1, 2023. This represents a 3.39% increase over the last quarterly dividend.

“Today’s dividend increase is in line with our dividend growth rate target of four to five per cent and reflects our continued confidence in our assets, our strategy and the strength of our business,” said Scott Balfour, President and CEO of Emera Inc. “We remain focused on executing a balanced energy transition that drives value for our customers and generates reliable returns for our shareholders.”

With current price C$50.47 (yesterday's close), this raise brings their dividend yield to 5.69%.

Dividend Increase - Fortis Inc. (FTS)

Yesterday, September 19th the Board of Directors of Fortis Inc. (TSE: FTS) announced a quarterly dividend increase of from C$0.565 to C$0.59 per share that’s payable December 1, 2023 to holders of record November 17, 2023. This represents a 4.42% increase over the last quarterly dividend. That announcement marks 50 consecutive years of dividend increases.

"Our sustainable regulated growth strategy is focused on delivering cleaner energy that remains affordable and reliable for our customers while supporting annual dividend growth of 4-6% through 2028,” said Mr. Hutchens.

With current price C$54.98 (yesterday's close), this raise brings their dividend yield to 4.29%.

Week in Review 37/23

 

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.

Dividend Income - August 2023

 

Summer is over, August is over, autumn has begun and it's time to report on dividend income. In August 2023, the dividend income of my portfolio was as follows:

Dividend Increase - Philip Morris International Inc. (PM)

 

Today, September 13th the Board of Directors of Philip Morris International Inc. (PM) announced a quarterly dividend increase of from $1.27 to $1.30 per share that’s payable October 12, 2023 to holders of record September 27, 2023. This represents a 2.36% increase over the last quarterly dividend.

With current price $94.45 (yesterday's close), this raise brings their dividend yield to 5.51%.

Week in Review 36/23

 

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.

Dividend Increase - Verizon Communications Inc. (VZ)

 

Thursday, September 7th the Board of Verizon Communications Inc. (VZ) announced a quarterly dividend increase of from $ 0.6525 to $0.665 per share that’s payable November 1, 2023 to holders of record October 10, 2023. This represents a 1.92% increase over the last quarterly dividend.

This is the 17th consecutive year Verizon’s Board has approved a quarterly dividend increase.

“Our consistently disciplined approach to driving strong cash flow, operating the business, and serving our customers has once again put the Board in a position to raise the dividend,” said Chairman and CEO Hans Vestberg. “We continue to deliver value to our shareholders as we execute our network-as-a-service strategy.”

With current price $33.81 (yesterday's close), this raise brings their dividend yield to 7.87%.