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.
Tuesday, December 13th the Board of Directors of WEC Energy Group, Inc. (WEC) announced plan to increase a quarterly dividend from $ 0.7275 to $ 0.78 per share that’s payable March 1, 2023 to holders of record February 14, 2023. This represents a 7.22% increase over the last quarterly dividend. The directors expect to declare the new dividend at their regularly scheduled meeting in January.
"The board's review today is consistent with our ongoing plan targeting a dividend payout ratio of 65 to 70 percent of earnings," said Gale Klappa, executive chairman.
With current price $ 95.07 (today's open), this raise brings their dividend yield to 3.28%.
Time seems to fly and the year will be over in a few days, so it's finally time to announce my dividend income for November. In November 2022, the dividend income for my portfolio was as follows:
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.
Monday, December 12th the Board of Directors of Amgen Inc. (AMGN) announced a quarterly dividend increase of from $ 1.94 to $ 2.13 per share that’s payable March 8, 2023 to holders of record February 15, 2023. This represents a 9.79% increase over the last quarterly dividend.
With current price $ 266.26 (yesterday's close), this raise brings their dividend yield to 3.20%.
Friday, December 9th the Board of Directors of Pfizer Inc. (PFE) announced a quarterly dividend increase of from $ 0.40 to $ 0.41 per share that’s payable March 3, 2023 to holders of record January 27, 2023. This represents a 2.5% increase over the last quarterly dividend.
“Our ability to increase our dividend is a testament to our solid financial performance during 2022,” said Dr. Albert Bourla, Pfizer Chairman and Chief Executive Officer. “This increase reinforces Pfizer’s commitment of returning value to our shareholders.”
With current price $ 51.36 (yesterday's close), this raise brings their dividend yield to 3.19%.
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.
Thursday, December 8th the Board of Directors of Edison International (EIX) announced a quarterly dividend increase of from $ 0.70 to $ 0.7375 per share that’s payable January 31, 2023 to holders of record December 30, 2022. This represents a 5.36% increase over the last quarterly dividend.
“Today’s 5.4% increase in our dividend reflects the board and management’s continued confidence and commitment to delivering on the company’s 5% to 7% long-term EPS growth target. This marks the 19th consecutive annual increase in Edison International’s dividend, which delivers an attractive yield and remains a key component of the company’s total return proposition,” said Pedro J. Pizarro, president and CEO of Edison International.
With current price $ 67.16 (today's open), this raise brings their dividend yield to 4.39%.
Thursday, December 8th the Board of Directors of Bristol-Myers Squibb Company (BMY) announced a quarterly dividend increase of from $ 0.54 to $ 0.57 per share that’s payable February 1, 2023 to holders of record January 6, 2023. This represents a 5.56% increase over the last quarterly dividend.
This marks the fourteenth consecutive fiscal year that the company has increased its dividend and the 91st consecutive year that the company has paid a dividend.
With current price $ 78.89 (yesterday's close), this raise brings their dividend yield to 2.89%.
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.
Thursday, December 1st the Board of Directors of TD Bank Group (TD) announced a quarterly dividend increase of from C$ 0.89 to C$ 0.96 per share that’s payable January 31, 2023 to holders of record January 6, 2023. This represents a 7.87% increase over the last quarterly dividend.
With current price C$ 89.27 (yesterday's close), this raise brings their dividend yield to 4.30%.
Wednesday, November 30th the Board of Directors of Enbridge Inc. (ENB) announced a quarterly dividend increase of from C$ 0.86 to C$ 0.8875 per share that’s payable March 1, 2023 to holders of record February 15, 2023. This represents a 3.2% increase over the last quarterly dividend.
Commenting on the Company's outlook, Al Monaco, President and CEO of Enbridge, noted among others the following:
“Consistent with our continued positive outlook for our business, we're pleased to increase our dividend by over 3%, marking our 28th consecutive annual increase since 1995. Continuing this track record is consistent with our value proposition and objective of growing dividends ratably, while remaining well within our payout range of 60-70% of DCF”
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.
Wednesday, November 30th the Board of Directors of Royal Bank of Canada (RY) announced a quarterly dividend increase of from C$ 1.28 to C$ 1.32 per share that’s payable February 24, 2023 to holders of record January 26, 2023. This represents a 3.13% increase over the last quarterly dividend.
It is worth noting that this was the second increase this year, in May the dividend rose from C$ 1.20 to C$ 1.28, so the increase over the year is 10%.
With current price C$ 134.67 (yesterday's close), this raise brings their dividend yield to 3.92%.