Wednesday, February 19, 2025

Dividend Increase - Magna International Inc. (MGA)


 


On Friday, February 14th the Board of Directors of Magna International Inc. (MGA) announced a quarterly dividend increase of from $0.475 to $0.485 per share that’s payable March 14, 2025 to holders of record February 28, 2025. This represents a 2.11% increase over the last quarterly dividend.


At the current price of $38.09 (yesterday's close), this increase will raise MGA's dividend yield to 5.09%.


Tuesday, February 18, 2025

Dividend Increase - Avista Corporation (AVA)



 

On Wednesday, February 12th the Board of Directors of Avista Corporation (AVA) announced a quarterly dividend increase of from $0.47 to $0.49 per share that’s payable March 14, 2025 to holders of record February 26, 2025. This represents a 3.16% increase over the last quarterly dividend.


“For twenty-three consecutive years, the board of directors has raised the dividend for our shareholders. I believe it demonstrates the board’s commitment to maximizing shareholder value and Avista’s commitment to shareholder returns,” said Avista President and Chief Executive Officer Heather Rosentrater.


At the current price of $36.77 (Friday's close), this increase will raise AVA's dividend yield to 5.33%.


Sunday, February 16, 2025

Week in Review 7/25

 



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.


Friday, February 14, 2025

Dividend Increase - Cisco Systems, Inc. (CSCO)

 



On Wednesday, February 12th the Board of Directors of Cisco Systems, Inc. (CSCO) announced a quarterly dividend increase of from $0.40 to $0.41 per share that’s payable April 23, 2025 to holders of record April 3, 2025. This represents a 2.50% increase over the last quarterly dividend.


Cisco's board of directors has also approved a $15 billion increase to the authorization of the stock repurchase program. There is no fixed termination date for the repurchase program. The remaining authorized fixed amount for stock repurchases including the additional authorization is approximately $17 billion.


At the current price of $63.84 (yesterday's close), this increase will raise CSCO's dividend yield to 2.57%.


Thursday, February 13, 2025

Dividend Increase - T. Rowe Price Group, Inc. (TROW)



 

On Tuesday, February 11th the Board of Directors of T. Rowe Price Group, Inc. (TROW) announced a quarterly dividend increase of from $1.24 to $1.27 per share that’s payable March 28, 2025 to holders of record March 14, 2025. This represents a 2.42% increase over the last quarterly dividend. This will mark the 39th consecutive year since the firm's initial public offering that the company will have increased its regular annual dividend.


At the current price of $106.92 (yesterday's close), this increase will raise TROW's dividend yield to 4.75%.


Wednesday, February 12, 2025

Dividend Increase - Prudential Financial, Inc. (PRU)

 



On Tuesday, February 4th the Board of Directors of Prudential Financial, Inc. (PRU) announced a quarterly dividend increase of from $1.30 to $1.35 per share that’s payable March 13, 2025 to holders of record February 18, 2024. TThis represents an increase of 3.85% over the prior year dividend level, the 17th consecutive year the dividend has been increased.


At the current price of $111.64 (yesterday's close), this increase will raise Prudential Financial's dividend yield to 4.84%.


Tuesday, February 11, 2025

Dividend Increase - Archer-Daniels-Midland Company (ADM)

 



On Tuesday, February 4th the Board of Directors of Archer-Daniels-Midland Company (ADM) announced a quarterly dividend increase of from $0.50 to $0.51 per share that’s payable March 11, 2025 to holders of record February 18, 2025. This represents a 2.0% increase over the last quarterly dividend. This is ADM’s 93rd consecutive year of uninterrupted dividends.


At the current price of $46.09 (yesterday's close), this increase will raise ADM's dividend yield to 4.43%.


Sunday, February 9, 2025

Week in Review 6/25



 

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, February 6, 2025

Dividend Increase - PepsiCo, Inc. (PEP)



 

On Tuesday, February 4th the Board of Directors of PepsiCo, Inc. (PEP) announced a 4.98% increase in its annualized dividend to $5.69 per share from $5.42 per share, effective with the dividend expected to be paid in June 2025. This represents the Company’s 53rd consecutive annual dividend per share increase.


At the current price of $146.26 (today's open), this increase will raise PepsiCo's dividend yield to 3.89%.


Wednesday, February 5, 2025

Dividend Increase - Brookfield Renewable Corporation (BEPC)




On Friday, January 31sth the Board of Directors of Brookfield Renewable Partners L.P. (BEP) announced a quarterly distribution increase of from $0.355 to $0.373 per share that’s payable March 31, 2025 to holders of record February 28, 2025. This represents a 5.07% increase over the last quarterly dividend.


In conjunction with the Partnership’s distribution declaration, the Board of Directors of Brookfield Renewable Corporation (BEPC) have declared an equivalent quarterly dividend of $0.373 per share, also payable on March 31, 2025 to shareholders of record as at the close of business on February 28, 2025.


At the current price of $25.89 (today's open), this increase will raise BIPC's dividend yield to 5.76%.


Tuesday, February 4, 2025

Dividend Increase - Chevron Corporation (CVX)



 

On Friday, January 31st the Board of Directors of Chevron Corporation (CVX) announced a quarterly dividend increase of from $1.63 to $1.71 per share that’s payable March 10, 2025 to holders of record February 14, 2025. This represents a 4.91% increase over the last quarterly dividend.


At the current price of $149.34 (yesterday's close), this increase will raise Chevron's dividend yield to 4.58%.


Sunday, February 2, 2025

Week in Review 5/25



 

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.


Saturday, February 1, 2025

Dividend Increase - Canadian National Railway Company (TSE:CNR)



 

On Thursday, January 30th the Board of Directors of Canadian National Railway Company (TSE:CNR) announced a quarterly dividend increase of from C$0.845 to C$0.8875 per share that’s payable March 31, 2025 to holders of record March 10, 2025. This represents a 5.03% increase over the last quarterly dividend.


“We are confident in CN’s resilience and financial strength throughout business cycles and are pleased to continue to uphold our track record of enhancing shareholder returns through share repurchases and uninterrupted dividend growth. Including today’s announcement, CN has declared increases in its cash dividend 29 consecutive times.”

- Ghislain Houle, Executive Vice-President and Chief Financial Officer, CN


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 20 million common shares, representing 3.18% of the 628,224,299 common shares issued and outstanding of the Company on January 23, 2025.


At the current price of C$151.82 (yesterday's close), this increase will raise CNR's dividend yield to 2.34%.


Friday, January 31, 2025

Dividend Increase - Brookfield Infratstrucure Corporation (BIPC)



 

On Thursday, January 30th the Board of Directors of Brookfield Infrastructure Partners L.P. (BIP) announced a quarterly distribution increase of from $0.405 to $0.43 per share that’s payable March 31, 2025 to holders of record February 28, 2025. This represents a 6.17% increase over the last quarterly dividend.


In conjunction with the Partnership’s distribution declaration, the Board of Directors of Brookfield Infrastructure Corporation (BIPC) has declared an equivalent quarterly dividend of $0.43 per share, also payable on March 31, 2025 to shareholders of record as at the close of business on February 28, 2025.


At the current price of $42.02 (yesterday's close), this increase will raise BIPC's dividend yield to 4.09%.


Thursday, January 30, 2025

Dividend Increase - Eversource Energy (ES)



 

On Wednesday, January 29th the Board of Directors of Eversource Energy (ES) announced a quarterly dividend increase of from $0.715 to $0.7525 per share that’s payable March 31, 2025 to holders of record March 4, 2025. This represents a 5.24% increase over the last quarterly dividend.


With current price $57.98 (today's open), this raise brings their dividend yield to 5.19%.


Wednesday, January 29, 2025

Dividend Increase - Metro Inc. (TSE:MRU)

 



On Tuesday, January 28th the Board of Directors of Metro Inc. (TSE:MRU) announced a quarterly dividend increase of from C$0.335 to C$0.37 per share that’s payable beginning of March, to holders of record beginning of February. This represents a 10.45% increase over the last quarterly dividend.


With current price C$88.56 (yesterday's close), this raise brings their dividend yield to 1.67%.


Tuesday, January 28, 2025

Dividend Increase - Kimberly-Clark Corporation (KMB)




On Tuesday, January 28th, the Board of Directors of Kimberly-Clark Corporation (KMB) announced a quarterly dividend increase from $1.22 to $1.26 per share. This represents a 3.28% increase over the previous quarterly dividend. The new dividend is payable on April 2, 2025, to shareholders of record as of March 7, 2025.


This represents the 53rd consecutive year that the company has increased its dividend to shareholders.


With current price $131.41 (yesterday's close), this raise brings their dividend yield to 3.84%.


Sunday, January 26, 2025

Week in Review 4/25



 

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, January 23, 2025

Dividend Increase - ONEOK, Inc. (OKE)



 

Thursday, January 23rd the Board of Directors of ONEOK, Inc. (OKE) announced a quarterly dividend increase of from $0.99 to $1.03 per share that’s payable February 14, 2025 to holders of record February 3, 2025. This represents a 4.04% increase over the last quarterly dividend.


"With this latest dividend increase and recent share repurchases, we continue executing on our value-driven capital allocation strategy," said Pierce H. Norton II, ONEOK president and chief executive officer. "Our intentional and disciplined approach to growth has provided us with the financial flexibility to continue returning significant value to shareholders."


With current price $107.17 (today's open), this raise brings their dividend yield to 3.84%.


Tuesday, January 21, 2025

Dividend Income - December & Year 2024, Goals for the year 2025

 



December, the last month of the year, has passed and with it, 2024 is already history. It's time to report my dividend income and take a look at how the year went and set goals for 2025. The dividend income for the last month of the year was as follows:



Sunday, January 19, 2025

Week in Review 3/25



 

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.


Sunday, January 12, 2025

Week in Review 2/25



 

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, January 7, 2025

Dividend Increase - Bank OZK (OZK)



 

Thursday, January 2nd the Board of Directors of Bank OZK (OZK) announced a quarterly dividend increase of from $0.41 to $0.42 per share that’s payable January 21, 2025 to holders of record January 14, 2025. This represents a 2.44% increase over the last quarterly dividend.


This is a 10.52% increase over the dividend paid during the same time last year, OZK raise dividends every quarter and have raised quarterly dividends for 58 quarters in a row.


With current price $44.08 (yesterday's close), this raise brings their dividend yield to 3.81%.


Sunday, January 5, 2025

Week in Review 1/25



 

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.