Dividend and distribution hikes (2017)

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Re: Dividend and distribution hikes (2017)

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Brookfield Property Partners increases distribution 5.4%
The Board of Directors has announced an increase in the company’s quarterly distribution from $0.28 to $0.295 per unit ($1.18 per unit on an annual basis). The Board has also declared the quarterly distribution of $0.295 per unit payable on March 31, 2017 to unitholders of record at the close of business on February 28, 2017. The quarterly distributions are declared in U.S. dollars.
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Re: Dividend and distribution hikes (2017)

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A regular in these topics, just like clockwork, Toromont Announces 2016 Results and 6% Increase in Quarterly Dividend
Toromont pays a quarterly dividend on its outstanding common shares and has historically targeted a dividend rate that approximates 30 - 40% of trailing earnings from continuing operations.

During 2016, the Company declared dividends of $0.72 per common share, $0.18 per quarter (2015 - $0.68 per common share or $0.17 per quarter).

Considering the Company's solid financial position and positive long-term outlook, the Board of Directors announced it is increasing the quarterly dividend to 19 cents per share effective with the dividend payable on April 3rd, 2017. This represents a 6% increase in Toromont's regular quarterly cash dividend. The Company has paid dividends every year since going public in 1968 and this represents the 28th consecutive year it has announced an increase.
(my bold) on the track record of consecutive years of increase.
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Re: Dividend and distribution hikes (2017)

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Intact Financial Corporation (TSX: IFC) getting in on the action Intact Financial Corporation reports Q4-2016 and 2016 Annual Results
The Board of Directors approved a quarterly dividend of $0.64 per share on the Company's outstanding common shares. The Board also approved a quarterly dividend of 26.25 cents per share on the Company's Class A Series 1 preferred shares, 20.825 cents per share on the Class A Series 3 preferred shares, and 19.535 cents per share on the Class A Series 4 preferred shares. The dividends are payable on March 31, 2017 to shareholders of record on March 15, 2017.
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Re: Dividend and distribution hikes (2017)

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Suncor swings to profit, boosts dividend 10 per cent - The Globe and Mail
Suncor late on Wednesday raised the quarterly payout to 32 cents, from 29 cents previously.
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Re: Dividend and distribution hikes (2017)

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Up next is Manulife, Manulife Financial Corporation increases dividend
Manulife Financial Corporation's Board of Directors today announced an increase of 11% or 2 cents per share to its quarterly shareholders' dividend resulting in a dividend of $0.205 cents per share on the common shares of Manulife Financial Corporation (the "Company"), payable on and after March 20, 2017 to shareholders of record at the close of business on February 22, 2017.
Their earnings release indicates that this is the third year in a row for an increase.
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Re: Dividend and distribution hikes (2017)

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Dunkin Brands Inc. (DNKN-Q) Announces Dividend Increase in 2017 First Quarter
...dividend of $0.3225 per share of common stock is payable on March 22, 2017 to shareholders of record as of the close of business on March 13, 2017. This represents a 7.5 percent increase over the prior quarter's dividend.
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Re: Dividend and distribution hikes (2017)

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Thomson Reuters bumps by two cents annually, at least it's increase, Thomson Reuters Reports Fourth-Quarter and Full-Year 2016 Results
In February 2017, the Thomson Reuters board of directors approved a $0.02 per share annualized increase in the dividend to $1.38 per common share. A quarterly dividend of $0.345 per share is payable on March 15, 2017 to common shareholders of record as of February 23, 2017.

In 2016, the company repurchased approximately 41.9 million shares at a cost of $1.7 billion. Of this amount, 10.7 million shares were repurchased in the fourth quarter at a cost of $441 million.

Today, the company announced that it plans to repurchase up to an additional $1.0 billion of its shares as it has completed its $1.5 billion program announced in February 2016.
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Re: Dividend and distribution hikes (2017)

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Brookfield Asset Management (BAM.A) reports results and ups quarterly dividend by a penny to .14 (US).
http://www.theglobeandmail.com//globe-i ... 1085376001
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Re: Dividend and distribution hikes (2017)

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Great-West Lifeco (TSX:GWO) reports fourth quarter 2016 results, increases dividend by 6%
...declared a quarterly common dividend of $0.3670 per common share payable March 31, 2017, a 6% increase from the previous quarter.
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Re: Dividend and distribution hikes (2017)

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3M Increases Dividend for the 59th Consecutive Year
The 3M Board of Directors (NYSE:MMM) today declared a dividend on the company’s common stock of $1.175 per share for the first quarter of 2017, an increase of 6 percent over the quarterly dividend paid in 2016. The dividend is payable March 12, 2017, to shareholders of record at the close of business on Feb. 17, 2017.

This marks the 59th consecutive year 3M has increased its dividend. The company has paid dividends to its shareholders without interruption for 100 years.
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Re: Dividend and distribution hikes (2017)

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Gilead Sciences Announces 10 Percent Increase in First Quarter 2017 Dividend
Gilead Sciences, Inc. (Nasdaq: GILD) today announced that the Board of Directors declared an increase of 10% in the company’s quarterly cash dividend, beginning in the first quarter of 2017. The dividend increase will result in a quarterly dividend of $0.52 per share of common stock.
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Re: Dividend and distribution hikes (2017)

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UPS Board Increases Quarterly Dividend
ATLANTA, Feb. 08, 2017 (GLOBE NEWSWIRE) -- The UPS (NYSE: UPS) Board of Directors today declared an increased regular quarterly dividend of $0.83 per share on all outstanding Class A and Class B shares.

The dividend is payable March 8, 2017, to shareowners of record on Feb. 21, 2017.
'A slow death to those who become slaves of habit, who repeat the same track every day, who do not change pace, who do not risk and change the colour of their clothes, who do not talk and who do not learn.'
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Re: Dividend and distribution hikes (2017)

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DICK'S Sporting Goods (NYSE:DKS) Announces 12 Percent Increase in Quarterly Dividend
...declared a quarterly dividend of $0.17 per share on the Company's Common Stock and Class B Common Stock. The dividend is payable in cash on March 31, 2017, to stockholders of record at the close of business on March 10, 2017. This dividend represents an increase of approximately 12 percent over the Company's previous quarterly per share amount and is equivalent to an annualized rate of $0.68 per share.
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Re: Dividend and distribution hikes (2017)

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Killam Apartment REIT (TSX:KMP.UN) increases 3.3%
The Board of Trustees is pleased to announce that today it approved a 3.3% increase to Killam's annual distribution, to $0.62 per unit from $0.60 per unit. The monthly distribution will be $0.05167 per unit, up from $0.05 per unit. The increase will become effective for the March 2017 distribution, to be paid in April 2017.
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Re: Dividend and distribution hikes (2017)

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Barrick- ABX
Barrick Gold Corporation (NYSE:ABX)(TSX:ABX) ("Barrick" or the "Company") today announced the Board of Directors has approved an increase in the Company's quarterly dividend from $0.02 cents per share to $0.03 per share.
http://www.theglobeandmail.com/feeds/pr ... 86010001-1

well, 2 cents to 3 cents. That IS 50% :roll:
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Re: Dividend and distribution hikes (2017)

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Acadian Timber Corp. Reports Strong Year-End Results
Dividend increased by 10%


http://www.theglobeandmail.com/globe-in ... 1086037001
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Re: Dividend and distribution hikes (2017)

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Pepsico to increase dividend 7%
The Company also announced a 7 percent increase in its annualized dividend to $3.22 per share from $3.01 per share, effective with the dividend expected to be paid in June 2017.
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TransCanada's Board of Directors also declared a quarterly dividend of $0.625 per common share for the quarter ending March 31, 2017, equivalent to $2.50 per common share on an annualized basis, an increase of 10.6 per cent. This is the seventeenth consecutive year the Board of Directors has raised the dividend.
http://www.marketwired.com/press-releas ... 196486.htm
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Re: Dividend and distribution hikes (2017)

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IAG raised its dividend today:
"The board of directors of Industrial Alliance Insurance and Financial Services Inc. ("iA Financial Group") (TSX: IAG) announced today an increase of $0.03 in its quarterly dividend per common share, raising it to $0.35. This dividend will be payable on March 15, 2017, to all common shareholders of record at the close of business on February 28, 2017. "
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Re: Dividend and distribution hikes (2017)

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:thumbsup: This one has turned out to be a gem in recent months with the actual/presumed changes in bond yields.
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Re: Dividend and distribution hikes (2017)

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AltaRed wrote::thumbsup: This one has turned out to be a gem in recent months with the actual/presumed changes in bond yields.
You influenced me to buy a small amount 2 years ago, AltaRed. I bought a small amount for my RRSP and watched it slide, lol. That's when I bought a substantial amount for my non-registered account. This past November I sold the stock in my RRSP for a 35% profit. Not bad for two years. Since then, the stock has continued to rise. This most recent dividend increase -- the 3rd in 2 years -- makes IAG a good hold for income as well as growth.
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Re: Dividend and distribution hikes (2017)

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I bought IAG and MFC at various times in 2014 and 2015 premised on anticipated interest rate increases. Unfortunately, just took longer than I expected for the momentum to turn. Investing is not for weak stomachs nor the faint of heart. :?

Edited for timing accuracy
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Re: Dividend and distribution hikes (2017)

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Somac also bought/recommended IAG?
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Re: Dividend and distribution hikes (2017)

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BRIAN5000 wrote:Somac also bought/recommended IAG?
Wow! What a memory! January 07, 2012 to be precise.
scomac wrote:Recent buys include Industrial Alliance Ins. (IAG-T) @$26.10 and Wellpoint Inc. (WLP-N) @$67.29. A couple of value plays that are trading at significant discounts to fair market value based on long term valuation multiples -- think Graham type stocks. Assidious readers will note that these are both All-Star Team picks from NormR's 2012 MoneySense Top 200/500 quant screens.
I seem to recall that I was in too early on that position and was stopped out at my usual uncle loss. I never went back to it although I have since revisited another peer in SLF.

Strangely enough, the companion pick from that post is currently in my portfolio, now known as Anthem (ANTM) which has been trading around $165 this week. Looks like they both turned out to be good long term holds with CAGR around 20% over the past 5 years. Hat tip to Norm's selection criteria that it isn't just an annual refresh, but can work equally well for the long term. :thumbsup:
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Re: Dividend and distribution hikes (2017)

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Genuine Parts Company (NYSE:GPC) Marks 61st Consecutive Year Of Increased Dividends
...increased the cash dividend payable to an annual rate of $2.70 per share compared with the previous dividend of $2.63 per share. The quarterly cash dividend of sixty-seven and one-half cents ($0.675) per share is payable April 3, 2017 to shareholders of record March 10, 2017.
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