Dividend Increase – Scotiabank (BNS)

Today the Board of Directors of Scotiabank announced a quarterly dividend increase of from CA$ 0.82 to CA$ 0.85 per share that’s payable October 29, 2018 to holders of record October 2, 2018. This represents a 3.66 % increase from prior dividend. It should be noted that this is the second dividend increase in the current calendar year as it was also raises by CA$ 0.03 in February 2018. So the increase in this calendar year is CA$ 0.06 or 7.59% from the last dividend paid in October 2017. With current price CA$ 78.30 (yesterday's close), this raise brings their dividend yield to 4.34 %. 

Week in Review 34/18

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.

Dividend Increase – Altria Group, Inc. (MO)

Yesterday the Board of Directors of Altria Group Inc. announced a quarterly dividend increase of from $ 0.70 to $ 0.80 per share that’s payable October 10, 2018 to holders of record September 14, 2018. This represents a 14.3% increase to regular quarterly dividends. Altria has increased its dividend 53 times in the past 49 years. The new annualized dividend rate is $ 3.20 per common share, representing a yield of 5.35% based on Altria’s closing stock price of $ 59.82 on August 23, 2018.

Dividend Increase – Royal Bank of Canada (RY)

Today the Board of Directors of Royal Bank of Canada announced a quarterly dividend increase of from CA$ 0.94 to CA$ 0.98 per share that’s payable November 23, 2018 to holders of record October 25, 2018. This represents a 4.26 % increase from prior dividend. It should be noted that this is the second dividend increase in the current calendar year as it was also raises by CA$ 0.03 in February 2018. So the increase in this calendar year is CA$ 0.07 or 7.69% from the last dividend paid in November 2017. With current price CA$ 102.59 (yesterday's close), this raise brings their dividend yield to 3.82%. 

Week in Review 33/18

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.

Dividend Income - July 2018

August is already halfway through and it is time to report my dividend income. In July 2018 my portfolio dividend income was as follows:

Quarterly dividends received from:

TELUS Corporation (TU) - € 61.57 ($ 71.78)
Cisco Systems, Inc. (CSCO) - € 52.05 ($ 61.05) 

Kimberly-Clark Corporation (KMB) - € 9.33 ($ 11.00) 

Golar LNG (GLNG) - € 6.39 ($ 7.50)
Baxter International Inc. (BAX) - € 9.79 ($ 11.40) 
Cardinal Health, Inc. (CAH) - € 14.19 ($ 16.67) 

Altria Group Inc. (MO) - € 104.20 ($ 122.50) 

Philip Morris International Inc. (PM) - € 83.03 ($ 96.90)

PepsiCo Inc. (PEP) - € 79.68 ($ 92.75)

The Coca-Cola Company (KO) - € 50.16 ($ 58.50)

Nutrien Ltd (NTR) - € 18.89 ($ 22.00)

Ventas Inc. (VTR) - € 33.85 ($ 39.50) 
W. P. Carey Inc. (WPC) - € 40.94 ($ 47.94)
VEREIT Inc. (VER) - € 38.30 ($ 44.69) 

Scotiabank (BNS.TO) - € 83.32 ($ 97.32)

TD Bank Group (TD.TO) - € 79.55 ($ 92.68)

BCE Inc. (BCE.TO) - € 51.54 ($ 60.08)  

Algonquin Power & Utilities Corp. (AQN.TO) - € 54.73 ($ 64.10) 

Recent Buy - Fortis Inc. (FTS.TO)

On Monday August 13, I bought 25 shares of Fortis Inc. at CA$ 42.19 per share plus commission.

My overall cost basis of this position increases from CA$ 41.85 to CA$ 41.97 per share. I totally hold now 100 shares of FTS and my yield on cost is 4.05%. You can look at my first purchase of FTS here.