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.
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 2024, 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 12th the Board of Directors of Pfizer Inc. (PFE) announced a quarterly dividend increase of from $0.42 to $0.43 per share that’s payable March 7, 2025 to holders of record January 24, 2025. This represents a 2.38% increase over the last quarterly dividend.
“Our decision to increase our quarterly dividend underscores our strong financial performance, disciplined execution and our commitment to returning value to our shareholders,” said Dr. Albert Bourla, Pfizer Chairman and Chief Executive Officer.
With current price $25.77 (yesterday's close), this raise brings their dividend yield to 6.67%.
Thursday, December 12th the Board of Directors of Edison International (EIX) announced a quarterly dividend increase of from $0.78 to $0.8275 per share that’s payable January 31, 2025 to holders of record January 7, 2025. This represents a 6.09% increase over the last quarterly dividend.
“The dividend increase reflects the confidence of our board and management in our company’s financial future in tandem with our commitment to achieving our long-term EPS growth target of 5% to 7%,” said Pedro Pizarro, president and CEO of Edison International.
With current price $78.26 (yesterday's close), this raise brings their dividend yield to 4.23%.
Wednesday, December 11th the Board of Directors of Bristol-Myers Squibb Company (BMY) announced a quarterly dividend increase of from $0.60 to $0.62 per share that’s payable February 3, 2025 to holders of record January 3, 2025. This represents a 3.33% increase over the last quarterly dividend.
This marks the 16th consecutive year that the company has increased its dividend and the 93 rd consecutive year that the company has paid a dividend.
With current price $57.65 (yesterday's close), this raise brings their dividend yield to 4.30%.
Tuesday, December 10th the Board of Directors of Amgen Inc. (AMGN) announced a quarterly dividend increase of from $2.25 to $2.38 per share that’s payable March 7, 2025 to holders of record February 14, 2025. This represents a 5.78% increase over the last quarterly dividend.
With current price $266.50 (yesterday's close), this raise brings their dividend yield to 3.57%.
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 5th the Board of Directors of WEC Energy Group, Inc. (WEC) announced plan to increase a quarterly dividend from $0.835 to $0.8925 per share that’s payable March 1, 2025 to holders of record February 14, 2025. This represents a 6.89% 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 Scott Lauber, president and CEO. "The projected dividend for 2025 is in line with the company's longer-term objective to grow earnings per share at a 6.5 to 7 percent compound annual growth rate."
With current price $95.52 (today's open), this raise brings their dividend yield to 3.74%.
Thursday, December 5th the Board of Directors of TD Bank Group (TD) announced a quarterly dividend increase of from C$1.02 to C$1.05 per share that’s payable January 31, 2025 to holders of record January 10, 2025. This represents a 2.94% increase over the last quarterly dividend.
With current price C$75.28 (yesterday's close), this raise brings their dividend yield to 5.58%.
Thursday, December 5th the Board of Directors of Canadian Imperial Bank of Commerce (CM) announced a quarterly dividend increase of from C$0.90 to C$0.97 per share that’s payable January 28, 2025 to holders of record December 27, 2024. This represents a 7.78% increase over the last quarterly dividend.
With current price C$93.86 (yesterday's close), this raise brings their dividend yield to 4.13%.
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 4th the Board of Directors of Royal Bank of Canada (RY) announced a quarterly dividend increase of from C$1.42 to C$1.48 per share that’s payable February 23, 2024 to holders of record January 25, 2024. This represents a 4.23% increase over the last quarterly dividend. It should be noted that this is the second increase in the last 12 months. In May 2024, RY increased quarterly dividend from C$1.38 to C$1.42 or 2.90%, bringing the annual increase to 7.25%.
With current price C$179.57 (yesterday's close), this raise brings their dividend yield to 3.30%.
Tuesday, December 3rd the Board of Directors of Enbridge Inc. (ENB) announced a quarterly dividend increase of from C$ 0.9150 to C$ 0.9425 per share that’s payable March 1, 2025 to holders of record February 14, 2025. This represents a 3.01% increase over the last quarterly dividend.
With current price C$61.59 (today's open), this raise brings their dividend yield to 6.12%.
Monday, December 2nd the Board of Directors of Aflac Incorporated (AFL) announced a quarterly dividend increase of from $0.50 to $0.58 per share that’s payable March 3, 2025 to holders of record February 19, 2025. This represents a 16% increase over the last quarterly dividend.
Commenting on the announcements, Aflac Incorporated Chairman and Chief Executive Officer Daniel P. Amos said: "I am pleased with the Board's action to increase the first quarter 2025 dividend. We treasure our record of 42 consecutive years of dividend increases, and our dividend track record is supported by the strength of our capital and cash flows. As an insurance company, our primary responsibility is to fulfill the promises we make to our policyholders. At the same time, we are listening to our shareholders and understand the importance of prudent liquidity and capital management. We remain committed to maintaining strong capital ratios on behalf of our policyholders and balance this financial strength with tactical capital deployment."
With current price $112.24 (today's open), this raise brings their dividend yield to 2.07%.
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.