Dividend Income - October 2024

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 2024, the dividend income for my portfolio was as follows:

Week in Review 46/24

 

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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.

Dividend Increase - TELUS Corporation (TSE:T)

 

Friday, November 8th the Board of TELUS Corporation (TSE:T) announced a quarterly dividend increase of from C$0.3891 to C$0.4023 per share that’s payable January 2, 2025 to holders of record December 11, 2024. This represents a 3.39% increase over the last quarterly dividend.

It should be noted that this is the second increase in the last 12 months. In May 2024, TELUS increased quarterly dividend from C$0.3761 to C$0.3891 or 3.46%, bringing the annual increase to 7.0%.

With current price C$21.95 (yesterday's close), this raise brings their dividend yield to 7.33%.

Week in Review 45/24

 

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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.

Dividend Increase - Main Street Capital Corporation (MAIN)

 

Tuesday, November 5th the Board of Directors of Main Street Capital Corporation (MAIN) announced a monthly dividend increase of from $0.245 to $0.25 per share that’s payable January 15, 2025 to holders of record January 8, 2025. This represents a 2.04% increase over the last monthly dividend and a 4.2% increase from the regular monthly dividends paid in the first quarter of 2024.

In addition to the regular monthly dividends for the first quarter of 2025, the Board of Directors declared a supplemental cash dividend of $0.30 per share payable in December 2024.

With current price $51.74 (yesterday's close), this raise brings their dividend yield to 5.80%.

Dividend Increase - AbbVie Inc. (ABBV)

 

Wednesday, October 30th the Board of Directors of AbbVie Inc. (ABBV) announced a quarterly dividend increase of from $1.55 to $1.64 per share that’s payable February 14, 2025 to holders of record January 15, 2025. This represents a 5.81% increase over the last quarterly dividend. Since the company's inception in 2013, AbbVie has increased its quarterly dividend by 310 percent.

With current price $200.47 (yesterday's close), this raise brings their dividend yield to 3.27%.

Week in Review 44/24

 

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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.

Dividend Increase - Visa Inc. (V)

 

Tuesday, October 29th the Board of Directors of Visa Inc. (V) announced a quarterly dividend increase of from $.52 to $0.59 per share that’s payable December 2, 2024 to holders of record November 12, 2024. This represents a 13.5% increase over the last quarterly dividend.

With current price $292.09 (today's open), this raise brings their dividend yield to 0.81%.

Dividend Increase - Pinnacle West Capital Corporation (PNW)

 

Wednesday, October 23rd the Board of Directors of Pinnacle West Capital Corporation (PNW) announced a quarterly dividend increase of from $ 0.88 to $ 0.895 per share that’s payable December 2, 2024 to holders of record November 4, 2024. This represents a 1.7% increase over the last quarterly dividend.

With current price $88.23 (yesterday's close), this raise brings their dividend yield to 4.06%.

Week in Review 43/24

 

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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.

Dividend Increase - Starbucks Corporation (SBUX)

 

Tuesday, October 22nd the Board of Directors of Starbucks Corporation (SBUX) announced a quarterly dividend increase of from $0.57 to $0.61 per share that’s payable November 29, 2024 to holders of record November 15, 2024. This represents a 7.02% increase over the last quarterly dividend.

Starbucks initiated its dividend in 2010 at $0.05 per share of outstanding Common Stock, and increased its dividend consecutively each year over the past 14 years at a CAGR of approximately 20%.

With current price $97.38 (today's open), this raise brings their dividend yield to 2.51%.

Dividend Income - September 2024

 

The last quarter of the year is well underway and it's time to report my dividend income for September. The dividend income for the last month of the third quarter was as follows:

Week in Review 42/24

 

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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.

Week in Review 41/24

 

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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.

Dividend Increase - Canadian Natural Resources Limited (TSE:CNQ)

 

Monday, October 7th the Board of Directors of Canadian Natural Resources Limited (CNQ) announced a quarterly dividend increase of from C$0.525 to C$0.5625 per share that’s payable January 3, 2025 to holders of record December 13, 2024. This represents a 7.14% increase over the last quarterly dividend. This will make 2025 the 25th consecutive year of dividend increases by Canadian Natural, with a CAGR of 21% over that time.

With current price C$49.43 (today's open), this raise brings their dividend yield to 4.55%.

Week in Review 40/24

 

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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.

Dividend Increase - Lockheed Martin Corporation (LMT)

 

Wednesday, October 2nd the Board of Directors of Lockheed Martin Corporation (LMT) announced a quarterly dividend increase of from $3.15 to $3.30 per share that’s payable December 27, 2024 to holders of record December 2, 2024. This represents a 4.76% increase over the last quarterly dividend. This marks the 22nd consecutive year of dividend increases for the company.

LTM's board has also authorized the purchase of up to an additional $3 billion of Lockheed Martin common stock under its share repurchase program. With this increase, total authorization for future repurchases under the share repurchase program is approximately $10 billion.

Week in Review 39/24

 

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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.

Dividend Increase - Fortis Inc. (FTS)

 

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%.

Dividend Increase - McDonald's Corporation (MCD)

 

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%.

Dividend Income - August 2024

 

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:

Week in Review 38/24

 

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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.

Dividend Increase - Texas Instruments Incorporated (TXN)

 

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%.

Dividend Increase - Philip Morris International Inc. (PM)

 

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%.

Week in Review 37/24

 

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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.

Week in Review 36/24

 

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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.

Dividend Increase - Verizon Communications Inc. (VZ)

 

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%.

Week in Review 35/24

 

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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.

Dividend Income - July 2024

 

August, the last month of summer, is almost over, autumn is slowly approaching. Anyway, it's time again to report my dividend income for the last month. In July 2024, my dividend income was as follows:

Week in Review 34/24

 

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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.

Dividend Increase - Altria Group, Inc. (MO)

 

Thursday, August 22nd the Board of Directors of Altria Group, Inc. (MO) announced a quarterly dividend increase of from $0.98 to $1.02 per share that’s payable October 10, 2024 to holders of record September 16, 2024. This represents a 4.08% increase over the last quarterly dividend.

Today’s dividend increase is consistent with our progressive dividend goal that targets mid-single digits dividend per share growth annually through 2028. This increase marks the 59th dividend increase in the past 55 years.

With current price $51.83 (yesterday's close), this raise brings their dividend yield to 7.87%.

Week in Review 33/24

 

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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.

Week in Review 32/24

 

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Dividend Increase - Illinois Tool Works Inc. (ITW)

 

Friday, August 2nd the Board of Directors of Illinois Tool Works Inc. (ITW) announced a quarterly dividend increase of from $1.40 to $1.50 per share that’s payable October 11, 2024 to holders of record September 30, 2024. This represents a 7.14% increase over the last quarterly dividend.

With current price $239.36 (yesterday's close), this raise brings their dividend yield to 2.51%.

Week in Review 31/24

 

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Dividend Increase - Essential Utilities, Inc. (WTRG)

 

Wednesday, July 31st the Board of Directors of Essential Utilities, Inc. (WTRG) announced a quarterly dividend increase of from $0.3071 to $0.3255 per share that’s payable September 3, 2024 to holders of record August 12, 2024. This represents a 5.99% increase over the last quarterly dividend.

Essential Utilities has paid consecutive quarterly cash dividends for 79 years and has increased the dividend 34 times in the last 33 years.

With current price $41.10 (yesterday's close), this raise brings their dividend yield to 3.17%.

Week in Review 30/24

 

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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.

Week in Review 29/24

 

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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.

Dividend Increase - Union Pacific Corporation (UNP)

 

Wednesday, July 17th the Board of Directors of Union Pacific Corporation (UNP) announced a quarterly dividend increase of from $1.30 to $1.34per share that’s payable September 30, 2024 to holders of record August 30, 2024. This represents a 3.08% increase over the last quarterly dividend.

Union Pacific has paid dividends on its common stock for 125 consecutive years.

“Union Pacific has a strong track record of delivering cash returns to its shareholders,” said Jennifer Hamann, executive vice president and chief financial officer. “We’re building on that record with a 3% increase in the third quarter, our 18th consecutive year of increased annual dividends per share.”

With current price $244.80 (today's open), this raise brings their dividend yield to 2.19%.

Dividend Increase - Duke Energy Corporation (DUK)

 

Monday, July 14th the Board of Directors of Duke Energy Corporation (DUK) announced a quarterly dividend increase of from $1.025 to $1.045 per share that’s payable September 16, 2024 to holders of record August 16, 2024. This represents a 1.95% increase over the last quarterly dividend.

Duke Energy has paid a cash dividend on its common stock for 98 consecutive years.

With current price $106.53 (yesterday's close), this raise brings their dividend yield to 3.92%.

Week in Review 28/24

 

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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.

Dividend Income - June 2024

June is over, July is almost halfway through and the second half of the year has begun. In June 2024, the dividend income of my portfolio was as follows:

Week in Review 27/24

 

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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.

Week in Review 26/24

 

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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.

Dividend Income - May 2024

 

The month has passed again, Midsummer is also behind us and we are slowly moving towards autumn, it's time to announce my dividend income. In May 2024, the dividend income of my portfolio was as follows:

Week in Review 25/24

 

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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.

Week in Review 24/24

 

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Dividend Increase - Target Corporation (TGT)

 

Yesterday, June 12th the Board of Directors of Target Corporation (TGT) announced a quarterly dividend increase of from $1.10 to $1.12 per share that’s payable that’s payable September 10, 2024 to holders of record August 21, 2024. This represents a 1.82% increase over the last quarterly dividend.

The 3rd quarter dividend will be the company's 228th consecutive dividend paid since October 1967 when the company became publicly held. With the increase announced today, 2024 is on track to be the 53rd consecutive year in which Target has increased its annual dividend.

With current price $147.09 (today's open), this raise brings their dividend yield to 3.05%.

Week in Review 23/24

 

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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.

Week in Review 22/24

 

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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.