Dividend Increase - Enbridge Inc. (ENB)

 

Today, November 30th the Board of Directors of Enbridge Inc. (ENB) announced a quarterly dividend increase of from C$ 0.8875 to C$ 0.915 per share that’s payable March 1, 2024 to holders of record February 15, 2024. This represents a 3.1% increase over the last quarterly dividend.

Greg Ebel, President and CEO of Enbridge, noted the following; "Growing our dividend remains an important component of our investor value proposition. We are pleased to announce that Enbridge is increasing its dividend by 3% marking our 29th consecutive annual increase. We remain committed to annual dividend growth consistent with our medium-term distributable cash flow outlook and keeping our dividend payout ratio within 60-70% of DCF.”

With current price C$46.74 (today's open), this raise brings their dividend yield to 7.83%.

Week in Review 47/23

 

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.

Week in Review 46/23

 

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 - October 2023

 

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 2022, the dividend income for my portfolio was as follows:

Dividend Increase - Aflac Incorporated (AFL)

 

Wednesday, November 1st the Board of Aflac Incorporated (AFL) announced a quarterly dividend increase of from $0.42 to $0.50 per share that’s payable March 1, 2024 to holders of record February 21, 2024. This represents a 19.05% increase over the last quarterly dividend.

With current price $81.13 (today's open), this raise brings their dividend yield to 2.47%.

Week in Review 45/23

 

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 - TELUS Corporation (TSE:T)

 

Friday, November 3rd the Board of TELUS Corporation (TSE:T) announced a quarterly dividend increase of from C$0.3636 to C$0.3761 per share that’s payable January 2, 2024 to holders of record December 11, 2023. This represents a 3.44% increase over the last quarterly dividend.

It should be noted that this is the second increase in the last 12 months. In May 2023, TELUS increased quarterly dividend from C$ 0.3511 to C$ 0.3636 or 3.54%, bringing the annual increase to 7.1 per cent.

With current price C$23.82 (Yesterday close), this raise brings their dividend yield to 6.32%.