On Thursday, February 20th the Board of Directors of The Coca-Cola Company (KO) announced a quarterly dividend increase of from $0.485 to $0.51 per share that’s payable April 1, 2025 to holders of record March 14, 2025. This represents a 5.15% increase over the last quarterly dividend and is 63rd consecutive annual dividend increase.
At the current price of $70.87 (yesterday's close), this increase will raise KO's dividend yield to 2.88%.
On Wednesday, February 19th the Board of Directors of Manulife Financial Corporation (MFC) announced a quarterly dividend increase of from C$0.40 to C$0.44 per share that’s payable March 19, 2025 to holders of record March 5, 2025. This represents a 10.0% increase over the last quarterly dividend.
At the current price of C$44.57 (today's open), this increase will raise MFC's dividend yield to 3.95%.
On Wednesday, February 19th the Board of Directors of Realty Income Corporation (O) announced a monthly dividend increase of from $0.264 to $0.268 per share that’s payable March 14, 2025 to holders of record March 3, 2025. This represents a 1.52% increase over the last monthly dividend and a 4.48% increase paid a year ago. This is the 129th dividend increase since Realty Income's listing on the NYSE in 1994.
At the current price of $57.31 (yesterday's close), this increase will raise Realty Income's dividend yield to 5.61%.
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.
As the first month of 2025 has already come to a close, with less than half of February left, it’s time to share my dividend income for January.
On Friday, February 14th the Board of Directors of NextEra Energy, Inc. (NEE) announced a quarterly dividend increase of from $0.515 to $0.5665 per share that’s payable March 17, 2025 to holders of record February 28, 2025. This represents a 10.0% increase over the last quarterly dividend. This increase is consistent with the plan announced in 2024 of targeting roughly 10% annual growth in dividends per share through at least 2026, off a 2024 base.
At the current price of $69.06 (yesterday's close), this increase will raise NEE's dividend yield to 3.28%.
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%.
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%.
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.
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%.
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%.
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%.
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%.
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.
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%.
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%.
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%.
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.
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%.