Dividend and distribution hikes - 2008

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Dividend and distribution hikes - 2008

Postby Lado » 07 Jan 2008 06:02

Rentcash (RCS) declared a quarterly cash dividend of $0.025
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Postby uhoh » 07 Jan 2008 09:15

Roger's Communications doubling dividend and buying back shares.
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Postby bubbalouie » 08 Jan 2008 17:20

CVTech Group (CVT) just announced its first-ever dividend!!
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Postby kjmcrae » 09 Jan 2008 15:11

Corus Entertainment (TSX:CJR.A, CJR.B) hikes dividend 20%
...the dividend on an annual basis for Class A and Class B shares will be $1.19 and $1.20, respectively.
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Postby Lado » 11 Jan 2008 20:28

Fairfax Financial Holdings (FFH) declared an annual dividend of US$5.00
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Postby j45 » 17 Jan 2008 10:10

Intel "boosts" dividend to 12.5 cents
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Postby adrian2 » 17 Jan 2008 16:41

Marsh & McLennan increases its quarterly dividend from 19 cents to 20 cents.

Doesn't sound like much, but they were (unoficially) a member of the Dividend Aristocrats, for increasing their dividend every year since becoming public in the early 60's until a few years ago, when former NY Attorney General Mr. Spitzer took its former CEO and founder Hank Greenberg in his crosshairs and tried to create a Conrad Black out of him. The case is still not resolved, but in the meantime they had to cut the dividend in half a few years ago, they fired the founder and took other drastic measures.

They used to be (still are?) the biggest insurance broker in the world, followed by AON Corporation. In a strange twist, #3 or #4 broker, Willis Group is now trying to buy Marsh.

I am short puts on Marsh (i.e. bullish).
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Postby j45 » 17 Jan 2008 17:28

Emera.........Annual dividend up from 91 to 95 cents.

HALIFAX, Jan. 17 /CNW/ - The Board of Directors of Emera Inc. today approved an increase in the annual common share dividend rate to $0.95 from $0.91 per common share. "The board has decided to increase Emera's annual dividend for the second time in six months," said Chris Huskilson, President and Chief Executive Officer of Emera Inc. "Progress in the second half of 2007 including the start of construction of the Brunswick Pipeline, completion of the Northeast Reliability Interconnect (NRI) transmission line and Bear Swamp's growing contribution to earnings have contributed to the board's confidence in the sustainability of earnings."
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Postby j45 » 17 Jan 2008 17:49

ATCO too:

CALGARY, ALBERTA--(Marketwire - Jan. 17, 2008) - The Board of Directors of ATCO Ltd. today declared a first quarter dividend of 23.5 cents per Class I Non-Voting and Class II Voting share, a 6.8% increase over the 22.0 cents paid in each of the previous four quarters. The dividend is payable March 31, 2008, to shareholders of record on March 12, 2008.
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Postby Lado » 18 Jan 2008 19:21

Glendel increased its annual dividend from $0.30 to $0.33
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Postby Shakespeare » 22 Jan 2008 18:10

CNR, up 10% tp 0.23.

Now if it would only get back to what I paid for it. :roll:
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Postby mpav » 22 Jan 2008 23:18

I was a little suprized with the CNR bump, I was actually expecting only a cent....but the forward yield is over 2% now, same old story of favorable value, good management etc. I will be buying a bit in the next few days....lets see if this works out for me.
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Postby JaydoubleU » 22 Jan 2008 23:26

Actually, I was expecting a little more, given the historical trend, however, in a tough environment with a recession looming, I am very pleased with 10%.

Perhaps this tidbit doesn't belong here, but Wachovia didn't CUT their dividend, and the CEO announced they had no plans to. I consider this a massive dividend hike! :D
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Postby Lado » 28 Jan 2008 16:29

Brookfield Real Estate Services Fund...................(BRE.UN) Annual distribution increased from $1.20 to $1.25
Innergex Power Income Fund ... (IEF.UN) Annual distribution increased from $0.97 to $1.00
Macquarie Power & Infrastructure Income Fund...........(MPT.UN) Annual distribution increased from $1.03 to $1.05
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Postby Shakespeare » 29 Jan 2008 11:10

TRP, up 6% to $0.36.
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Postby scomac » 29 Jan 2008 16:47

MRU.A, up 8.7% to $.125/share.
"On what principle is it, that when we see nothing but improvement behind us, we are to expect nothing but deterioration before us?"
Thomas Babington Macaulay in 1830
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Postby andyt » 30 Jan 2008 09:55

Aflac have increased the quarterly dividend by 17.1% and intend to purchase 12,000,000 shares in the first quarter of 2008.

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Postby creep » 30 Jan 2008 10:00

TORONTO, Jan 30 (Reuters) - AGF Management Ltd (AGFb.TO: Quote, Profile, Research) said on Wednesday it more than doubled its fourth-quarter profit and hiked its quarterly dividend by 25 percent.
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Postby 72offsuit » 31 Jan 2008 19:36

Canadian Oil Sands Trust (COS.UN) raised their quarterly distribution from $0.55 to $0.75 (has nearly doubled in six months as it was $0.40 in August). Yield is now 7.89% based on today's closing price of $38.00.

http://www.newswire.ca/en/releases/arch ... c3948.html
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Postby Arby » 31 Jan 2008 20:55

Addenda Capital raised its quarterly dividend from $0.33 to $0.34. Yield is now 6.5%

http://www.addenda-capital.com/publicat ... News45.PDF
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Postby investor99 » 31 Jan 2008 22:38

UPS raises from $0.42 to $0.45 (7%)
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Postby Peyo » 01 Feb 2008 15:05

Transalta ups annual dividend to 1.08$

http://www.globeinvestor.com/servlet/Wi ... g=439633_1
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Postby Lado » 04 Feb 2008 18:35

Addenda Capital Inc..........(ADV) Annual dividend increased from $1.32 to $1.36
Cdn Oil Sand Income Fund..(COS.UN) Annual distribution increased from $2.20 to $3.00
Foremost Income Fund......(FMO.UN) Annual distribution decreased from $1.60 to $1.00
Loring Ward Intnational.......(LW) Annual dividend increased from $0.28 to $0.48
Metro Inc..................(MRU.A) Annual dividend increased from $0.46 to $0.50
TransCanada Corporation......(TRP) Annual dividend increased from $1.36 to $1.44
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Postby kjmcrae » 05 Feb 2008 12:22

Shoppers Drug Mart Corporation (TSX:SC) announces annual dividend increased by 34.4% to $0.86 per share, payable Apr 15/08 to shareholders of record as of the close of business on Mar 31/08.
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Postby Bylo Selhi » 05 Feb 2008 18:10

Sedulously eschew obfuscatory hyperverbosity and prolixity.
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