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

 

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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

 

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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%.

Week in Review 35/23

 

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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 34/23

 

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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 - Altria Group, Inc. (MO)

 

Thursday, August 24th the Board of Directors of Altria Group, Inc. (MO) announced a quarterly dividend increase of from $0.94 to $0.98 per share that’s payable October 10, 2023 to holders of record September 15, 2023. This represents a 4.26% increase over the last quarterly dividend.

Today’s dividend increase is consistent with our new progressive dividend goal that we established at our 2023 Investor Day that targets mid-single digits dividend per share growth annually. This increase marks the 58th dividend increase in the past 54 years.

With current price $43.40 (yesterday's close), this raise brings their dividend yield to 9.03%.

Week in Review 33/23

 

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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 - July 2023

August, the last month of summer, is already over halfway through and the summer holidays of the Hawk are also over. Anyway, it's time again to report my dividend income for the last month. In July 2023, my dividend income was as follows:

Week in Review 32/23

 

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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 - Illinois Tool Works Inc. (ITW)

 

Friday, August 4th the Board of Directors of Illinois Tool Works Inc. (ITW) announced a quarterly dividend increase of from $1.31 to $1.40 per share that’s payable October 12, 2023 to holders of record September 29, 2023. This represents a 6.87% increase over the last quarterly dividend.

The Board also approved a new share repurchase program that authorizes management to purchase up to $5 billion of the Company’s common stock over an open-ended period of time.

With current price $246.90 (yesterday's close), this raise brings their dividend yield to 2.27%.

Week in Review 31/23

 

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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 - Main Street Capital Corporation (MAIN)

 

Wednesday, August 2nd the Board of Directors of Main Street Capital Corporation (MAIN) announced a monthly dividend increase of from $0.23 to $0.235 per share that’s payable October 13, 2023 to holders of record October 6, 2023. This represents a 2.17% increase over the last monthly dividend and and a 6.8% increase from the regular monthly dividends paid in the fourth quarter of 2022.

Since its October 2007 initial public offering, Main Street has periodically increased the amount of its regular monthly dividends paid per share and has never reduced its regular monthly dividend amount per share.

In addition to the regular monthly dividends for the fourth quarter of 2023, the Board of Directors declared a supplemental cash dividend of $0.275 per share payable in September 27, 2022 to holders of record September 20, 2022.

With current price $42.49 (yesterday's close), this raise brings their dividend yield to 6.64%.

Week in Review 30/23

 

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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 29/23

 

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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 - June 2023

 

June is over, July is more than halfway through and the second half of the year is underway. In June 2023 my portfolio dividend income was as follows:

Week in Review 28/23

 

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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 - Duke Energy Corporation (DUK)

 

Yesterday, July 13th the Board of Directors of Duke Energy Corporation (DUK) announced a quarterly dividend increase of from $1.005 to $1.025 per share that’s payable September 18, 2023 to holders of record August 18, 2023. This represents a 1.99% increase over the last quarterly dividend.

With current price $93.31 (yesterday's close), this raise brings their dividend yield to 4.39%.

Week in Review 27/23

 

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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 26/23

 

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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 - General Mills, Inc. (GIS)

 

Today, June 28th the Board of Directors of General Mills, Inc. (GIS) announced a quarterly dividend increase of from $0.54 to $0.59 per share that’s payable that’s payable August 1, 2023 to holders of record July 10, 2023. This represents a 9.26% increase over the last quarterly dividend.

With current price $78.87 (today's open), this raise brings their dividend yield to 2.99%.

Week in Review 25/23

 

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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 - May 2023

 

The month has passed again, it is already midsummer time and we are slowly starting to go towards autumn, it is time to report my dividend income. In May 2023 my portfolio dividend income was as follows:

Week in Review 24/23

 

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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 - Target Corporation (TGT)

 

Yesterday, June 15th the Board of Directors of Target Corporation (TGT) announced a quarterly dividend increase of from $1.08 to $1.10 per share that’s payable that’s payable September 10, 2023 to holders of record August 16, 2023. This represents a 1.85% increase over the last quarterly dividend.

The 3rd quarter dividend will be the company's 224th consecutive dividend paid since October 1967 when the company became publicly held. With the increase announced today, 2023 is on track to be the 52nd consecutive year in which Target has increased its annual dividend.

Week in Review 23/23

 

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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)

 

Thursday, May 25th the Board of Directors of Flowers Foods, Inc. (FLO) announced a quarterly dividend increase of from $ 0.22 to $ 0.23 per share that’s payable June 22, 2023 to holders of record June 8, 2023. This represents a 4.55% increase over the last quarterly dividend.

"The increased dividend reflects the board's confidence in the company's ability to generate strong earnings and cash flow," said Ryals McMullian, Flowers Foods president and CEO. "We are investing to further strengthen our leading brands, which we expect will drive growth in-line with our long-term financial targets."

Week in Review 22/23

 

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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 - Unum Group (UNM)

 

Thursday, May 25th the Board of Directors of Unum Group (UNM) announced a quarterly dividend increase of from $ 0.33 to $ 0.365 per share effective with the dividend expected to be paid in the third quarter of 2023. This represents a 10.61% increase over the last quarterly dividend.

With current price $43.93 (today's open), this raise brings their dividend yield to 3.32%.

"We are pleased to again increase our quarterly dividends, which is indicative of our consistent performance, capital generation, and our commitment to returning value to shareholders," said Richard P. McKenney, president and CEO of Unum.

Dividend Increase - Royal Bank of Canada (RY)

 

Thursday, May 25th the Board of Directors of Royal Bank of Canada (RY) announced a quarterly dividend increase of from C$1.32 to C$1.35 per share that’s payable August 24, 2023 to holders of record July 26, 2023. This represents a 2.27% increase over the last quarterly dividend. It should be noted that this is the second increase in the last 12 months. In December 2022, RY increased quarterly dividend from C$1.28 to C$1.32 or 3.69%, bringing the annual increase to 5.47%.

With current price C$123.49 (yesterday's close), this raise brings their dividend yield to 4.37%.

Week in Review 21/23

 

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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 - Canadian Imperial Bank of Commerce (CM)

 

Thursday, May 25th the Board of Directors of Canadian Imperial Bank of Commerce (CM) announced a quarterly dividend increase of from C$0.85 to C$0.87 per share that’s payable July 28, 2023 to holders of record June 28, 2023. This represents a 2.35% increase over the last quarterly dividend.

With current price C$57.54 (yesterday's close), this raise brings their dividend yield to 6.05%.

Dividend Increase - The Bank of Nova Scotia (BNS)

 

Wednesday, May 24th the Board of Directors of Scotiabank (BNS) announced a quarterly dividend increase of from C$1.03 to C$1.06 per share that’s payable July 27, 2023 to holders of record July 5, 2023. This represents a 2.91% increase over the last quarterly dividend.

With current price C$66.72 (yesterday's close), this raise brings their dividend yield to 6.35%.

Dividend Increase - LyondellBasell Industries N.V. (LYB)

 

Friday, May 19th the Board of Directors of LyondellBasell Industries N.V. (LYB) announced a quarterly dividend increase of from $1.19 to $1.25 per share that’s payable June 6, 2023 to holders of record May 30, 2023. This represents a 5.04% increase over the last quarter dividend.

"2023 marks our 13th consecutive year of annual dividend growth. Our increasing dividend demonstrates our ongoing commitment to deliver strong returns for LyondellBasell shareholders. It is also aligned with our long-term target of returning 70 percent of free cash flow to shareholders that we shared at our Capital Markets Day," said Peter Vanacker, CEO of LyondellBasell. "We will continue our balanced approach to capital deployment as we establish our leadership in creating solutions for everyday sustainable living."

With current price $90.84 (today's open), this raise brings their dividend yield to 5.50%.

Week in Review 20/23

 

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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 - April 2023

 

The fourth month of the year is over, May is also past the halfway point and summer starts in a few weeks. In April 2023 my portfolio dividend income was as follows:

Dividend Increase - Cardinal Health, Inc. (CAH)

 

Thursday, May 11th the Board of Directors of Cardinal Health, Inc. (CAH) announced a quarterly dividend increase of from $0.4957 to $0.5006 per share that’s payable July 15, 2023 to holders of record July 3, 2023. This represents a 0.99% increase over the last quarter dividend.

With current price $85.80 (yesterday's close), this raise brings their dividend yield to 2.33%.

Week in Review 19/23

 

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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 - TELUS Corporation (TSE:T)

 

Thursday, May 4th the Board of TELUS Corporation (TSE:T) announced a quarterly dividend increase of from C$0.3511 to C$0.3636 per share that’s payable July 4, 2023 to holders of record June 9, 2023. This represents a 3.56% increase over the last quarterly dividend.

It should be noted that this is the second increase in the last 12 months. In November 2022, TELUS increased quarterly dividend from C$0.3386 to C$0.3511 or 3.69%, bringing the annual increase to 7.38 per cent.

With current price C$27.49 (yesterday's close), this raise brings their dividend yield to 5.29%.

Week in Review 18/23

 

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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 - UGI Corporation (UGI)

 

Wednesday, May 3rd the Board of Directors of UGI Corporation (UGI) announced a quarterly dividend increase of from $ 0.36 to $ 0.375 per share that’s payable July 1, 2023 to holders of record June 14, 2023. This represents a 4.17% increase over the last quarter dividend.

Roger Perreault, President and Chief Executive Officer of UGI, said, “We are pleased to mark the 36th consecutive year of increasing dividends, building on our long history of delivering returns to shareholders while investing for continued growth. This consistency demonstrates the strength and resilience of UGI and its capital allocation strategy as we seek to create shareholder value as both a growth and income investment.”

With current price $30.50 (yesterday's close), this raise brings their dividend yield to 4.92%.

Dividend Increase - Main Street Capital Corporation (MAIN)

 

Tuesday, May 2nd the Board of Directors of Main Street Capital Corporation (MAIN) announced a monthly dividend increase of from $0.225 to $0.23 per share that’s payable July 14, 2023 to holders of record July 7, 2023. This represents a 2.22% increase over the last monthly dividend and a 7.0% increase from monthly dividends paid in July 2022.

In addition to the regular monthly dividends for the third quarter of 2023, the Board of Directors declared a supplemental cash dividend of $0.225 per share payable in June 28, 2023.

With current price $40.42 (today's open), this raise brings their dividend yield to 6.83%.

Week in Review 17/23

 

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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 16/23

 

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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 - March 2023

 

The first quarter of the year is over and it's time to report my dividend income. In March 2023 my portfolio dividend income was as follows:

Dividend Increase - Johnson & Johnson (JNJ)

 

Tuesday, April 18th the Board of Directors of Johnson & Johnson (JNJ) announced a quarterly dividend increase of from $1.13 to $1.19 per share that’s payable June 6, 2023 to holders of record May 23, 2023. This represents a 5.31% increase over the last quarter dividend.

“In recognition of our 2022 results, strong financial position, and confidence in the future of Johnson & Johnson, the Board of Directors has voted to increase the quarterly dividend for the 61st consecutive year,” said Joaquin Duato, Chairman of the Board and Chief Executive Officer of the company.

With current price $161.01 (yesterday's close), this raise brings their dividend yield to 2.96%.

Week in Review 15/23

 

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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 14/23

 

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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.