Week in Review 52/19

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.

Week in Review 51/19

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 - Canadian Imperial Bank of Commerce (CM.TO)

On Wednesday, December 18 I bought 11 shares of Canadian Imperial Bank of Commerce at CA$ 109.56 per share plus commission.

My overall cost basis of this position increases from CA$ 105.59 to $ 106.77 per share. I totally hold now 40 shares of CM and my yield on cost is 5.39%. I purchased my first CM's shares in December 2018, which you can read here.

Dividend Increase – Pfizer Inc. (PFE)

Monday the 16th of December the Board of Directors of Pfizer Inc. announced a quarterly dividend increase from $ 0.36 to $ 0.38 per share that’s payable March 6, 2020 to holders of record January 31, 2020. This represents a 5.56% increase to the last quarter dividend.

“The dividend increase is a testament to our commitment to returning capital to shareholders and reflects our continued confidence in the business and in our pipeline,” stated Dr. Albert Bourla, Pfizer chief executive officer. “It also reinforces that our focus on creating meaningful value for patients benefits all our stakeholders.”

With current price $ 39.01 (Wednesday's open), this raise brings their dividend yield to 3.90 %.

Dividend Increase – AT&T Inc. (T)

Friday the 13th of December the Board of Directors of AT&T Inc. announced a quarterly dividend increase from $ 0.51 to $ 0.52 per share that’s payable February 3, 2020 to holders of record January 10, 2020. This represents a 1.96% increase to the last quarter dividend.

With current price $ 38.26 (Friday's close), this raise brings their dividend yield to 5.33 %.

Since I own 310 shares of T, this will increase my portfolio's projected annual net dividend income by $ 9.24.

Dividend Increase – Dominion Energy Inc. (D)

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 %.

Week in Review 50/19

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 - November 2019

The year is coming to an end and it's time to publish my dividend income for the last month. In November 2019 my portfolio dividend income was as follows:

Dividend Increase – Enbridge Inc. (TSX:ENB, NYSE:ENB)

Today the Board of Directors of Enbridge Inc. announced a quarterly dividend increase from CA$ 0.738 to CA$ 0.81 per share that’s payable March 1, 2020 to holders of record February 14, 2020. This represents a 9.76% increase to the last quarter dividend. 

With current price CA$ 51.50 (today's open), this raise brings their dividend yield to 6.29 %.

Since I own 150 shares of ENB, this will increase my portfolio's projected annual net dividend income by CA$ 32.18.

This increase raises my YOC to 6.40%.

Week in Review 49/19

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.

Week in Review 48/19

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.