Week in Review 21/18

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 – Flowers Foods, Inc. (FLO)

Today the Board of Directors of Flowers Foods, Inc. announced a quarterly dividend increase of from $ 0.17 to $ 0.18 per share that’s payable June 21, 2018 to holders of record June 7, 2018. This represents a 5.88% increase to regular quarterly dividends. With current price $ 19.81 (todays open), this raise brings their dividend yield to 3.63%.

"This dividend increase reflects confidence by Flowers' board and management team in the company's long-term ability to generate solid cash flows and deliver value to shareholders," said Allen L. Shiver, Flowers Foods' president and CEO. "As we make significant progress with our strategic initiatives under Project Centennial, we intend to use our strong financial position to support brand growth, make capital investments, deliver shareholder returns, and pursue strategic acquisitions."

Since I own 185 shares of FLO, this will increase my portfolio's projected annual net dividend income by $ 5.51.

Week in Review 20/18

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.

Recent Buy - Fortis Inc. (FTS.TO)

On Friday May 11, I bought 35 shares of Fortis Inc. at CA$ 42.30 per share plus commission.

My overall cost basis of this position increases from CA$ 41.38 to CA$ 41.85 per share. I totally hold now 75 shares of FTS and my yield on cost is 4.06%. You can look at my first purchase of FTS here. 

Dividend Income - April 2018

A month has passed again and it is time to report my dividend income. In April 2018 my portfolio dividend income was as follows:

Annual dividend received from:

Fortum Corporation (FORTUM) - € 1320.00 ($ 1631.50)

Orion Corporation (ORNBV) - € 435.00 ($ 535.22)

UPM-Kymmene (UPM) - € 1265.00 ($ 1561.52)

Kesko Corporation (KESKOB) - € 220.00 ($ 270.86)

Gjensidige Forsikring (GJF.OL) - € 295.75 ($ 365.51)

Semiannual dividend received from:

Neste Corporation (NESTE) - € 340.00 ($ 421.06)

Telia Company (TELIA1) - € 329.40 ($ 407.90)

NCC AB B (NCC-B) - € 114.45 ($ 142.80)

Week in Review 19/18

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 – Algonquin Power & Utilities Corp (AQN)

Thursday, May 10 the board of directors of  Algonquin Power & Utilities Corp. announced a dividend increase of from $ 0.1165 to $ 0.1282 per share that’s payable July 13, 2018 to holders of record June 29, 2018. This represents a 10.04% increase to regular quarterly dividends.

With current price $ 10.18 (Friday's open), this raise brings their dividend yield to 5.04%. 

Dividend Increase – TELUS Corporation (TSX: T, NYSE: TU)

Yesterday the Board of Directors of TELUS Corporation announced a quarterly dividend increase of from CA$ 0.505 to CA$ 0.525 per share that’s payable July 3, 2018 to holders of record June 8, 2018. This represents a 6.6% increase year-over-year and 3.96% increase to the last quarter dividend. This was a fifteenth dividend increase since TELUS announcing their multi-year dividend growth program in May 2011. With current price CA$ 45.74 (yesterday's close), this raise brings their dividend yield to 4.59%.

Dividend Increase – Cardinal Health, Inc. (CAH)

Wednesday May 9, the Board of Directors of Cardinal Health, Inc. announced a quarterly dividend increase of from $ 0.4624 to $ 0.4763 per share that’s payable July 15, 2018 to holders of record July 2, 2018. This represents a 3.0% increase to regular quarterly dividends. With current price $ 52.76 (yesterdays close), this raise brings their dividend yield to 3.61%.

Since I own 30 shares of CAH, this will increase my portfolio's projected annual net dividend income by $ 1.24.

Recent Buy - Dominion Energy, Inc. (D)

Yesterday May 8, I bought 20 shares of Dominion Energy, Inc. at $ 63.65 per share plus commission.

My overall cost basis of this position decreases from $ 66.15 to $ 64.99 per share. I totally hold now 40 shares of D and my yield on cost is 5.14%. You can look at my first purchase of Dominion here. 

Dividend Increase – Baxter International Inc. (BAX)

Today, 8 May the Board of Directors of Baxter International announced a quarterly dividend increase of from $ 0.16 to $ 0.19 per share that’s payable July 2, 2017 to holders of record June 1, 2017. This represents a 18.75% increase to regular quarterly dividends. With current price $ 70.15 (todays open), this raise brings their dividend yield to 1.08%.  

“Baxter is pleased to raise our quarterly dividend rate,” said José (Joe) E. Almeida, chairman and chief executive officer. “The new rate reflects our strong financial position and continued transformation to deliver industry-leading performance, as we strategically deploy capital to fuel growth and enhance stockholder value.”

This was Baxter's second dividend increase after Baxalta spinoff.

Week in Review 18/18

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.

Recent Buy - 3M Company (MMM)

Friday April 27, I bought 6 shares of 3M Company at $ 194.61 per share plus commission.

3M Company operates as a diversified technology company worldwide. The company's Industrial segment offers tapes; coated, non-woven, and bonded abrasives; adhesives; ceramics; sealants; specialty materials; purification products; closure systems for personal hygiene products; acoustic systems products; automotive components; and abrasion-resistant films, and paint finishing and detailing products. Its Safety and Graphics Business segment provides personal protection products, transportation safety products, commercial graphics systems, commercial cleaning and protection products, floor matting, roofing granules for asphalt shingles, and fall protection products. The company's Health Care segment offers medical and surgical supplies, skin health and infection prevention products, inhalation and transdermal drug delivery systems, dental and orthodontic products, health information systems, and food safety products. Its Electronics and Energy segment provides optical films; packaging and interconnection devices; insulating and splicing solutions; touch screens and touch monitors; renewable energy component solutions; and infrastructure protection products. The company's Consumer segment offers sponges, scouring pads, high-performance cloths, repositionable notes, indexing systems, home improvement and care products, and protective materials; and consumer and office tapes and adhesives. It serves automotive, electronics and automotive electrification, appliance, paper and printing, packaging, food and beverage, construction, medical clinics and hospitals, pharmaceuticals, dental and orthodontic practitioners, health information systems, food manufacturing and testing, consumer and office retail, office business to business, home improvement, drug and pharmacy retail, and other markets directly, as well as through wholesalers, retailers, jobbers, distributors, and dealers. The company was founded in 1902 and is headquartered in St. Paul, Minnesota.