Tuesday, January 30th the Board of Directors of United Parcel Service, Inc. (UPS) announced a quarterly dividend increase of from $1.62 to $1.63 per share that’s payable March 8, 2024 to holders of record February 20, 2024. This represents a 0.62% increase over the last quarterly dividend.
With current price $145.06 (yesterday's close), this raise brings their dividend yield to 4.49%.
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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.
Thursday, January 25th the Board of Directors of Archer-Daniels-Midland Company (ADM) announced a quarterly dividend increase of from $0.45 to $0.50 per share that’s payable February 29, 2024 to holders of record February 8, 2024. This represents a 11.1% increase over the last quarterly dividend.
This is ADM's 369th consecutive quarterly payment, a record of more than 92 years of uninterrupted dividends.
With current price $52.05 (yesterday's close), this raise brings their dividend yield to 3.84%.
Thursday, January 25th the Board of Directors of Air Products and Chemicals, Inc. (APD) announced a quarterly dividend increase of from $1.75 to $1.77 per share that’s payable May 13, 2024 to holders of record April 1, 2024. This represents a 1.14% increase over the last quarterly dividend. This marks the 42nd consecutive year that Air Products has increased its dividend payment.
Air Products Chairman, President and Chief Executive Officer Seifi Ghasemi said, “We remain committed to striking the right balance of returning cash to our shareholders and investing in our growth opportunities. We expect to return approximately $1.6 billion to our shareholders in 2024, extending our track record of more than 40 years of increasing the dividend, while continuing to execute high-return industrial gas and clean hydrogen projects that advance sustainability and the energy transition. This balanced approach to capital allocation will allow us to meet our capital needs while maintaining our A/A2 ratings.”
With current price $263.65 (yesterday's close), this raise brings their dividend yield to 2.69%.
Tuesday, January 23rd the Board of Directors of Canadian National Railway Company (CNR) announced a quarterly dividend increase of from C$0.79 to C$0.845 per share that’s payable March 28, 2024 to holders of record March 7, 2024. This represents a 6.96% increase over the last quarterly dividend.
In addition, CNR has approved the repurchase of its shares under a new normal course issuer bid (Bid). The Bid permits CN to purchase, for cancellation, over a 12-month period up to 32 million common shares, representing 5.63% of the 568,002,080 common shares issued and outstanding of the Company not held by insiders on January 18, 2024.
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.
December, the last month of the year, has passed and with it, 2023 is already history. It's time to report my dividend income and take a look at how the year went and set goals for 2023. The dividend income for the last month of the year 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.
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.