Dividend Increase - Enbridge Inc. (ENB)

 

Today, November 30th the Board of Directors of Enbridge Inc. (ENB) announced a quarterly dividend increase of from C$ 0.8875 to C$ 0.915 per share that’s payable March 1, 2024 to holders of record February 15, 2024. This represents a 3.1% increase over the last quarterly dividend.

Greg Ebel, President and CEO of Enbridge, noted the following; "Growing our dividend remains an important component of our investor value proposition. We are pleased to announce that Enbridge is increasing its dividend by 3% marking our 29th consecutive annual increase. We remain committed to annual dividend growth consistent with our medium-term distributable cash flow outlook and keeping our dividend payout ratio within 60-70% of DCF.”

With current price C$46.74 (today's open), this raise brings their dividend yield to 7.83%.

Week in Review 47/23

 

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 46/23

 

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 - October 2023

 

As the year is coming to an end and November is already over halfway through, it's time to report my dividend income for October. In October 2022, the dividend income for my portfolio was as follows:

Dividend Increase - Aflac Incorporated (AFL)

 

Wednesday, November 1st the Board of Aflac Incorporated (AFL) announced a quarterly dividend increase of from $0.42 to $0.50 per share that’s payable March 1, 2024 to holders of record February 21, 2024. This represents a 19.05% increase over the last quarterly dividend.

With current price $81.13 (today's open), this raise brings their dividend yield to 2.47%.

Week in Review 45/23

 

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 - TELUS Corporation (TSE:T)

 

Friday, November 3rd the Board of TELUS Corporation (TSE:T) announced a quarterly dividend increase of from C$0.3636 to C$0.3761 per share that’s payable January 2, 2024 to holders of record December 11, 2023. This represents a 3.44% increase over the last quarterly dividend.

It should be noted that this is the second increase in the last 12 months. In May 2023, TELUS increased quarterly dividend from C$ 0.3511 to C$ 0.3636 or 3.54%, bringing the annual increase to 7.1 per cent.

With current price C$23.82 (Yesterday close), this raise brings their dividend yield to 6.32%.

Dividend Increase - ConocoPhillips (COP)

 

Thursday, November 2nd the Board of Directors of ConocoPhillips (COP) announced a quarterly dividend increase of from $0.51 to $0.58 per share that’s payable December 1, 2023 to holders of record November 14, 2023. This represents a 13.73% increase over the last quarterly dividend.

With current price $118.47 (yesterday's close), this raise brings their dividend yield to 1.96%.

Week in Review 44/23

 

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 - Main Street Capital Corporation (MAIN)

 

Wednesday, November 1st the Board of Directors of Main Street Capital Corporation (MAIN) announced a monthly dividend increase of from $0.235 to $0.24 per share that’s payable January 12, 2024 to holders of record January 5, 2024. This represents a 2.13% increase over the last monthly dividend and a 6.7% increase from the regular monthly dividends paid in the first quarter of 2023.

In addition to the regular monthly dividends for the first quarter of 2024, the Board of Directors declared a supplemental cash dividend of $0.275 per share payable in December 2023.

With current price $40.19 (yesterday's close), this raise brings their dividend yield to 7.17%.

Dividend Increase - AbbVie Inc. (ABBV)

 

Friday, October 27th the Board of Directors of AbbVie Inc. (ABBV) announced a quarterly dividend increase of from $1.48 to $1.55 per share that’s payable February 15, 2024 to holders of record January 16, 2024. This represents a 4.73% increase over the last quarterly dividend.

With current price $141.18 (yesterday's close), this raise brings their dividend yield to 4.39%.