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.
Yesterday, September 26th the Board of Directors of Fortis Inc. (TSE: FTS) announced a quarterly dividend increase of from C$0.59 to C$0.615 per share that’s payable December 1, 2024 to holders of record November 18, 2024. This represents a 4.24% increase over the last quarterly dividend. That announcement marks 51 consecutive years of dividend increases.
With current price C$61.13 (today's open), this raise brings their dividend yield to 4.02%.
Yesterday, September 25th the Board of Directors of McDonald's Corporation (MCD) announced a quarterly dividend increase of from $1.67 to $1.77 per share that’s payable December 16, 2024 to holders of record December 2, 2024. This represents a 5.99% increase over the last quarterly dividend. The increase over the Company's previous quarterly dividend reflects continued confidence in the Accelerating the Arches growth strategy and our ability to drive long-term profitable growth for all stakeholders.
McDonald's has a strong history of returning capital to its shareholders and has raised its dividend for 48 consecutive years since paying its first dividend in 1976.
With current price $300.47 (yesterday's close), this raise brings their dividend yield to 2.36%.
As the third quarter of the year approaches its end, it's time to report my dividend income for August. In August 2024, my dividend income 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, September 19st the Board of Directors of Texas Instruments Incorporated (TXN) announced that it will raise its quarterly dividend from $1.30 to $1.35 per share that’s payable November 12, 2024 to holders of record October 31, 2024. This represents a 4.62% increase over the last quarterly dividend. That announcement marks 21 consecutive years of dividend increases.
The increase is consistent with TI's long-term objective for dividends by providing a sustainable and growing dividend and reflects the company's continued commitment to return all free cash flow to its owners over time.
With current price $207.60 (yesterday's close), this raise brings their dividend yield to 2.62%.
Thursday, September 12th the Board of Directors of Philip Morris International Inc. (PM) announced a quarterly dividend increase of from $1.30 to $1.35 per share that’s payable October 10, 2024 to holders of record September 26, 2024. This represents a 3.85% increase over the last quarterly dividend.
With current price $125.97 (yesterday's close), this raise brings their dividend yield to 4.29%.
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.
Wednesday, September 4th the Board of Verizon Communications Inc. (VZ) announced a quarterly dividend increase of from $ 0.665 to $0.6775 per share that’s payable November 1, 2024 to holders of record October 10, 2024. This represents a 1.88% increase over the last quarterly dividend.
This is the 18th consecutive year Verizon’s Board has approved a quarterly dividend increase.
“Our strong focus on three key pillars – wireless service revenue growth, adjusted EBITDA expansion, and free cash flow generation – has once again put the Board in a position to raise the dividend," said Chairman and CEO Hans Vestberg. "This unwavering commitment to our strategic priorities, combined with our consistently disciplined financial management and our dedication to serving our customers with the best in mobility and broadband, continue to position us well for future growth."
With current price $41.31 (today's open), this raise brings their dividend yield to 6.56%.
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.