Tuesday, February 20th the Board of Directors of The Home Depot, Inc. (HD) announced a quarterly dividend increase of from $2.09 to $2.25 per share that’s payable March 21, 2024 to holders of record March 7, 2024. This represents a 7.7% increase over the last quarter dividend. This is the 148th consecutive quarter the Company has paid a cash dividend.
With current price $377.61 (today's open), this raise brings their dividend yield to 2.38%.
Friday, February 16th the Board of Directors of NextEra Energy, Inc. (NEE) announced a quarterly dividend increase of from $0.4675 to $0.515 per share that’s payable March 15, 2024 to holders of record February 27, 2024. This represents a 10.16% increase over the last quarter dividend.
The board also approved an updated dividend policy beyond 2024, which is expected to translate to a growth rate in dividends per share of roughly 10% per year through at least 2026, off a 2024 base, which is expected to be $2.06 per share.
With current price $55.15 (yesterday's close), this raise brings their dividend yield to 3.74%.
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 16th the Board of Directors of TC Energy Corporation (TRP) announced a quarterly dividend increase of from C$0.93 to C$0.96 per share that’s payable April 30, 2024 to holders of record March 28, 2024. This represents a 3.23% increase over the last quarterly dividend.
With current price C$53.82 (yesterday's close), this raise brings their dividend yield to 7.13%.
Thursday, February 15th the Board of Directors of The Coca-Cola Company (KO) announced a quarterly dividend increase of from $0.46 to $0.485 per share that’s payable April 1, 2024 to holders of record March 15, 2024. This represents a 5.43% increase over the last quarter dividend. This was the company’s 62nd consecutive annual dividend increase.
The company returned $8 billion in dividends to shareowners in 2023, bringing the total amount of dividends paid to shareowners since Jan. 1, 2010, to $84.7 billion.
With current price $60.70 (yesterday's close), this raise brings their dividend yield to 3.20%.
Wednesday, February 14th the Board of Directors of Manulife Financial Corporation (MFC) announced a quarterly dividend increase of from C$0.365 to C$0.40 per share that’s payable March 19, 2024 to holders of record February 28, 2024. This represents a 9.59% increase over the last quarterly dividend.
With current price C$33.30 (Friday's close), this raise brings their dividend yield to 4.80%.
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.