Dividend Increase – Digital Realty Trust, Inc. (DLR)

Yesterday, February 27 the Board of Directors of Digital Realty Trust, Inc. announced a quarterly dividend increase of from $ 1.08 to $ 1.12 per share that’s payable March 31, 2020 to holders of record March 17, 2020. This represents a 3.70% increase to the last quarter dividend. 

"Our board of directors has approved a 4% increase in our quarterly common stock cash dividend to $1.12 per share, reflecting confidence in the underlying strength of our business," commented Andrew P. Power, Chief Financial Officer.  "This marks the 15th consecutive year we have grown our dividend, and we are pleased to be among a select group of REITs to have raised the dividend each and every year since our initial public offering in 2004."

With current price $ 129.22 (Thursday's open), this raise brings their dividend yield to 3.47%.

Dividend Increase – TD Bank Group (TD)

Today, February 27 the Board of Directors of TD Bank Group announced a quarterly dividend increase of from CA$ 0.74 to CA$ 0.79 per share that’s payable April 30, 2020 to holders of record April 9, 2020. This represents a 6.76% increase to the last quarter dividend.  

With current price CA$ 71.25 (today's open), this raise brings their dividend yield to 4.44%.

Dividend Increase – The Home Depot Inc. (HD)

Today, February 25 the Board of Directors of The Home Depot Inc. announced a quarterly dividend increase of from $ 1.36 to $ 1.50 per share that’s payable March 26, 2020 to holders of record March 12, 2020. This represents a 10.29% increase to the last quarter dividend.

"As a testament to our commitment to create value for our shareholders and a demonstration of confidence in the business going forward, the board has increased the dividend for the eleventh consecutive year," said Richard McPhail, CFO and executive vice president.

With current price $ 246.10 (today's close), this raise brings their dividend yield to 2.44%.

Dividend Increase – Royal Bank of Canada (RY)

Friday, February 21 the Board of Directors of Royal Bank of Canada announced a quarterly dividend increase of from CA$ 1.05 to CA$ 1.08 per share that’s payable May 22, 2020 to holders of record April 23, 2020. This represents a 5.88% increase year-over-year and a 2.86% increase to the last quarter dividend.

It should be noted that RY normally increase dividend twice in the calendar year, in Feb and in Aug.

With current price CA$ 109.21 (Friday's close), this raise brings their dividend yield to 3.96%.

Week in Review 8/20

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 – Magna International Inc. (MGA)

Yesterday, February 21, the Board of Directors of Magna International Inc. announced a quarterly dividend increase from $ 0.365 to $ 0.40 per share that’s payable March 20, 2020 to holders of record March 6, 2020. This represents a 9.59% increase to the last quarterly dividend.

During the three months and year ended December 31, 2019, Magna repurchased 4.7 million shares for $254 million and 25.8 million shares for $1.29 billion, respectively. In addition, we paid dividends of $111 million and $449 million for the three months and year ended December 31, 2019, respectively.

With current price $ 51.55 (yesterday's close), this raise brings their dividend yield to 3.10 %.

Dividend Increase – The Coca-Cola Company (KO)

Yesterday, February 20, the Board of Directors of The Coca-Cola Company announced a quarterly dividend increase from $ 0.40 to $ 0.41 per share that’s payable April 1, 2020 to holders of record March 16, 2020. This represents a 2.50% increase to the last quarterly dividend.

The company returned $6.8 billion in dividends to shareowners in 2019, bringing the total amount given back to shareowners through dividends since Jan. 1, 2010, to $54.9 billion.

This represents the Company’s 58th consecutive annual dividend per share increase.

With current price $ 59.72 (yesterday's close), this raise brings their dividend yield to 2.75 %.

Recent Buy - United Parcel Service, Inc. (UPS)

Yesterday, February 18, I bought 15 shares of United Parcel Service, Inc. at $ 105.94 per share plus commission.

My overall cost basis of this position increases from $ 105.37 to $ 105.68 per share. I totally hold now 45 shares of UPS and my yield on cost is 3.82%.

Dividend Increase – PepsiCo, Inc. (PEP)

Thursday, February 13, the Board of Directors of PepsiCo, Inc. announced a quarterly dividend increase from $ 0.955 to $ 1.0225 per share effective with the dividend expected to be paid in June 2020. This represents a 7.07% increase to the last quarterly dividend.

This represents the Company’s 48th consecutive annual dividend per share increase.

With current price $ 146.99 (Friday's close), this raise brings their dividend yield to 2.78 %.

Week in Review 7/20

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 – United Parcel Service Inc. (UPS)

Thursday, February 13, the Board of Directors of United Parcel Service Inc. announced a quarterly dividend increase from $ 0.96 to $ 1.01 per share that’s payable March 10, 2020 to holders of record February 25, 2020. This represents a 5.21% increase to the last quarterly dividend.

For nearly 50 years, UPS has either increased or maintained its dividend. Since 2000, UPS’s dividend has more than quadrupled.

With current price $ 105.95 (Friday's close), this raise brings their dividend yield to 3.81 %.

Dividend Increase – Cisco Systems, Inc. (CSCO)

Wednesday, February 12, the Board of Directors of Cisco Systems, Inc. announced a quarterly dividend increase from $ 0.35 to $ 0.36 per share that’s payable April 22, 2020 to holders of record April 3, 2020. This represents a 2.86% increase to the last quarterly dividend.

"We executed well this quarter by delivering strong margins and EPS growth while driving more software and subscriptions," said Kelly Kramer, CFO of Cisco. "Our increased dividend shows confidence in the strength of our ongoing cash flows and demonstrates our commitment to shareholder return."

With current price $ 47.32 (yesterday's close), this raise brings their dividend yield to 3.04 %.

Dividend Increase – T. Rowe Price Group, Inc. (TROW)

Yesterday, February 12, the Board of Directors of T. Rowe Price Group, Inc. announced a quarterly dividend increase from $ 0.76 to $ 0.90 per share that’s payable March 30, 2020 to holders of record March 16, 2020. This represents a 18.42% increase to the last quarterly dividend.

This will mark the 34th consecutive year since the firm’s initial public offering that the company will have increased its regular annual dividend.

With current price $ 138.48 (yesterday's close), this raise brings their dividend yield to 2.60 %.

Dividend Income January 2020

The first month of 2020 is over and it is time to report my dividend income. In January 2020 my portfolio dividend income was as follows:

Distribution Increase – Brookfield Infrastructure Partners L.P. (BIP)

Today the 10th of February the Board of Directors of Brookfield Infrastructure Partners L.P. announced a quarterly distribution increase from $ 0.5025 to $ 0.5375 per share that’s payable March 30, 2020 to holders of record February 28, 2020. This represents a 6.97% increase to the last quarter distribution.

With current price $ 54.31 (today's open), this raise brings their distribution yield to 3.96 %.

Since I own 96 shares of BIP, this will increase my portfolio's projected annual net distribution income by $ 10.01.

Week in Review 6/20

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 – BCE Inc. (BCE)

Today, February 6, the Board of Directors of BCE Inc. announced a quarterly dividend increase from CA$ 0.7925 to CA$ 0.8325 per share that’s payable April 15, 2020 to holders of record March 16, 2020. This represents a 5.05% increase to the last quarterly dividend.

Mirko Bibic, Bell's President and Chief Executive Officer said "I am also pleased to announce today the latest increase in BCE's dividend to $3.33 per common share – our 12th consecutive year of 5% or higher growth in the common share dividend."

With current price CA$ 62.87 (yesterday's close), this raise brings their dividend yield to 5.30 %.

Dividend Increase – Gilead Sciences, Inc. (GILD)

Yesterday, February 4, the Board of Directors of Gilead Sciences, Inc. announced a quarterly dividend increase from $ 0.63 to $ 0.68 per share that’s payable March 30, 2020 to holders of record March 13, 2020. This represents a 7.94% increase to the last quarterly dividend.

With current price $ 67.40 (yesterday's close), this raise brings their dividend yield to 4.04 %.

Week in Review 5/20

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.