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, December 20th the Board of Directors of WEC Energy Group, Inc. (WEC) announced plan to increase a quarterly dividend from $0.78 to $0.835 per share that’s payable March 1, 2024 to holders of record February 14, 2024. This represents a 7.05% 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 $84.05 (yesterday's close), this raise brings their dividend yield to 3.97%.
Time is flying by very fast and the year will be over in a few days, so it's finally time to announce my November dividend. In November 2023, 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.
Thursday, December 14th the Board of Directors of Pfizer Inc. (PFE) announced a quarterly dividend increase of from $0.41 to $0.42 per share that’s payable March 1, 2024 to holders of record January 26, 2024. This represents a 2.44% increase over the last quarterly dividend.
“We are pleased to increase our quarterly dividend, which represents our fifteenth year of consecutive dividend increases,” said Dr. Albert Bourla, Pfizer Chairman and Chief Executive Officer. “Our ongoing increases have demonstrated Pfizer’s commitment to returning value to our shareholders and are a key part of our capital allocation strategy.”
With current price $28.19 (today's open), this raise brings their dividend yield to 5.96%.
Thursday, December 14th the Board of Directors of Edison International (EIX) announced a quarterly dividend increase of from $0.7375 to $0.78 per share that’s payable January 31, 2024 to holders of record December 29, 2023. This represents a 5.76% increase over the last quarterly dividend.
“Today’s 5.8% increase in our dividend reflects the board and management’s continued confidence and commitment to delivering 5% to 7% core EPS growth for 2021-2025 and 2025-2028. This marks the 20th 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 $69.76 (yesterday's close), this raise brings their dividend yield to 4.47%.
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 12th the Board of Directors of Amgen Inc. (AMGN) announced a quarterly dividend increase of from $2.13 to $2.25 per share that’s payable March 7, 2024 to holders of record February 16, 2024. This represents a 5.63% increase over the last quarterly dividend.
With current price $276.32 (yesterday's close), this raise brings their dividend yield to 3.26%.
Wednesday, December 6th the Board of Directors of Bristol-Myers Squibb Company (BMY) announced a quarterly dividend increase of from $0.57 to $0.60 per share that’s payable February 1, 2024 to holders of record January 5, 2024. This represents a 5.26% increase over the last quarterly dividend.
This marks the 15th consecutive year that the company has increased its dividend and the 92nd consecutive year that the company has paid a dividend.
With current price $50.31 (yesterday's close), this raise brings their dividend yield to 4.77%.
Welcome and thanks for reading!
In this review, I will make a summary of important and interesting news and events over the last week related to my portfolio holdings. Also, I will put together some interesting articles from other websites that caught my attention during the past week.
Thursday, November 30th the Board of Directors of TD Bank Group (TD) announced a quarterly dividend increase of from C$ 0.96 to C$ 1.02 per share that’s payable January 31, 2024 to holders of record January 10, 2024. This represents a 6.25% increase over the last quarterly dividend.
With current price C$82.13 (today's open), this raise brings their dividend yield to 4.97%.
Thursday, November 30th the Board of Directors of Royal Bank of Canada (RY) announced a quarterly dividend increase of from C$1.35 to C$1.38 per share that’s payable February 23, 2024 to holders of record January 25, 2024. This represents a 2.22% increase over the last quarterly dividend. It should be noted that this is the second increase in the last 12 months. In May 2023, RY increased quarterly dividend from C$1.32 to C$1.35 or 2.27%, bringing the annual increase to 4.55%.
With current price C$123.50 (today's open), this raise brings their dividend yield to 4.47%.
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, November 30th the Board of Directors of Canadian Imperial Bank of Commerce (CM) announced a quarterly dividend increase of from C$0.87 to C$0.90 per share that’s payable January 29, 2024 to holders of record December 28, 2023. This represents a 3.45% increase over the last quarterly dividend.
With current price C$55.80 (today's open), this raise brings their dividend yield to 6.45%.