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%.