Dividend and distribution hikes (2017)

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Dividend and distribution hikes (2017)

Post by Peculiar_Investor »

FWF'ers do an amazing job tracking down and reporting on dividend and distribution hikes. Thanks.

Please use this topic for 2017 hikes. Your fellow FWF'ers would appreciate if you could post a link to the announcement.
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Re: Dividend and distribution hikes (2017)

Post by JaydoubleU »

The first dividend increase of the year?

Enbridge Income Fund Holdings Inc. Announces 10% Dividend Increase To Monthly Dividend
Thursday, January 05, 2017

http://www.theglobeandmail.com/globe-in ... 1081919001
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Re: Dividend and distribution hikes (2017)

Post by bpither »

The parent, Enbridge - they pre announced 15% for 2017 and this, I believe, is step one. I've owned both for years - a happy camper!
http://www.marketwired.com/press-releas ... 186621.htm
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Re: Dividend and distribution hikes (2017)

Post by westcoastfella »

Omega Healthcare (OHI) announces a 1.6% dividend increase, from .61 to .62. A small amount, but they seem to like raising their dividend each quarter instead of once per year, so overall not a bad amount.
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Re: Dividend and distribution hikes (2017)

Post by IdOp »

ATCO Ltd. dividend up 15%, from 28.5 to 32.75 cents/quarter.
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Re: Dividend and distribution hikes (2017)

Post by BRIAN5000 »

IdOp wrote:ATCO Ltd. dividend up 15%, from 28.5 to 32.75 cents/quarter.
CU TOO

The Board of Directors of Canadian Utilities Limited, an ATCO Company, today declared a first quarter dividend of 35.75 cents per Class A non-voting (CU.TO) and Class B common share (TSX:CU.X), a 10% increase over the 32.50 cents paid in each of the four previous quarters. The dividend is payable March 1, 2017, to shareholders of record on February 6, 2017.
https://ca.finance.yahoo.com/news/canad ... 20027.html
This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed
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Re: Dividend and distribution hikes (2017)

Post by Sensei »

Hi,

One of my latest experiments in the sustainable energy sector raised its dividend.

Hannon Armstrong Announces 10% Increase in Quarterly Dividend to $0.33 per Share for an Annualized 6.8% Dividend Yield
Cheers

"A dividend being paid today is always a positive return." Josh Peters, Morningstar
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Re: Dividend and distribution hikes (2017)

Post by qasimodo »

oxymoronic marketers pitch: "... and make ads more relevant"
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Re: Dividend and distribution hikes (2017)

Post by JaydoubleU »

Wow, Algonquin moved more quickly than I had expected. But I think I can live with it :D

However, I wonder if that means the next increase could be as much as 18 months away....
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Re: Dividend and distribution hikes (2017)

Post by Thanh »

Content removed as it was an error from my part.
Last edited by Thanh on 17 Jan 2017 23:18, edited 1 time in total.
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Re: Dividend and distribution hikes (2017)

Post by OnlyMyOpinion »

Thanh wrote:Chartwell Retirement Residences Announces January 2017 Distribution
They don't list it as an increase but the monthly distribution went from $0.0459 to $0.04681, an increase of 1.98%.
That bump occurred with the 12-Apr-2016 payment. It was announced as a 2% increase 25-Feb-2016: http://investors.chartwell.com/file.asp ... D=33107775
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Re: Dividend and distribution hikes (2017)

Post by Thanh »

Thanks for pointing that out.
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Re: Dividend and distribution hikes (2017)

Post by Peculiar_Investor »

Metro (MRU) has announced a 16.1% increase in their dividend with their METRO reports 2017 first quarter results
Metro wrote:On January 23, 2017, the Corporation's Board of Directors declared a quarterly dividend of $0.1625 per Common Share payable March 13, 2017, an increase of 16.1% over the dividend declared for the same quarter last year. On an annualized basis, this dividend represents approximately 25% of 2016 net earnings, in accordance with the payout target communicated to shareholders in January 2014.
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Re: Dividend and distribution hikes (2017)

Post by Peculiar_Investor »

The little engine that could rewards its shareholders with yet another dividend increase. CN announces 10 per cent increase in quarterly cash dividend
CN press release wrote:CN (TSX: CNR) (NYSE: CNI) announced today that its Board of Directors has approved a 10 per cent increase in the Company's quarterly cash dividend. With this increase, CN's dividend on an annualized basis is C$1.65 per common share.

Ghislain Houle, CN executive vice-president and chief financial officer, said: "CN delivered strong results through challenging economic conditions in 2016. This performance reflects our resilience and supports our long-running ability to reward shareholders with consistent dividend growth."

A quarterly dividend of forty-one-and-one-quarter cents (C$0.4125) per common share will be paid on March 31, 2017, to shareholders of record at the close of business on March 10, 2017.

CN has declared annual increases to its dividend every year since its first dividend declaration in 1996.
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Re: Dividend and distribution hikes (2017)

Post by westcoastfella »

Keeping with the railroad theme, Norfolk Southern (NSC) upped their dividend 3.4% to 61c per quarter.
Norfolk Southern (NYSE:NSC) declares $0.61/share quarterly dividend, 3.4% increase from prior dividend of $0.59.

Forward yield 2.09%

Payable March 10; for shareholders of record Feb. 3; ex-div Feb. 1.
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Re: Dividend and distribution hikes (2017)

Post by kjmcrae »

Comcast (NASDAQ:CMCSA) Increases Dividend, Announces Two-for-One Stock Split and Expects to Repurchase $5 Billion of Stock in 2017
...increased its dividend by 15% to $1.26 per share on an annualized, pre-split basis, or $0.63 per share on an annualized, post-split basis. In accordance with the increase, the Board of Directors declared a quarterly cash dividend of $0.1575 a share, on a post-split basis, on the company’s common stock, payable on April 26, 2017 to shareholders of record as of the close of business on April 5, 2017.
...bearing in mind that the 2:1 stock split will be payable on Feb 17th, 2017.
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Re: Dividend and distribution hikes (2017)

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ConocoPhillips Announces 6 Percent Increase in Quarterly Dividend
ConocoPhillips (NYSE: COP) today announced that its board of directors has raised the company’s quarterly dividend to 26.5 cents per share, an increase of 6 percent. The dividend is payable on March 1, 2017, to stockholders of record at the close of business on Feb. 14, 2017.
A bit of a surprise to see a dividend increase from COP already; they cut their dividend by 66% last year.
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Re: Dividend and distribution hikes (2017)

Post by westcoastfella »

US mortgage servicing company New Residential Mortgage (NRZ) hikes dividend 4.2%
The current quarterly dividend is $0.46, and it's being hiked to $0.48.
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Re: Dividend and distribution hikes (2017)

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Brookfield Infrastructure (BIP.UN)
The Board of Directors has declared a quarterly distribution in the amount of $0.435 per unit, payable on March 31, 2017 to unitholders of record as at the close of business on February 28, 2017. This distribution represents an 11% increase compared to the prior year. The regular quarterly dividends on the Cumulative Class A Preferred Limited Partnership Units, Series 1, Series 3, Series 5 and Series 7 have also been declared.
http://www.theglobeandmail.com/globe-in ... 1084491001
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Re: Dividend and distribution hikes (2017)

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Exco Technologies Limited - Quarterly Dividend Raised 14%
TORONTO, Feb. 1, 2017 /PRNewswire/ - Exco Technologies Limited (TSX-XTC) today announced a quarterly cash dividend of $0.08 per common share to be paid on March 31, 2017 to shareholders of record on March 15, 2017. This dividend represents a 14% increase.
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Re: Dividend and distribution hikes (2017)

Post by JaydoubleU »

Brookfield Renewable
Brookfield Renewable Announces 2016 Results And 5% Distribution Increase
Quarterly distribution increased to $1.87 on an annualized basis
http://www.theglobeandmail.com/globe-in ... 1084631001
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Re: Dividend and distribution hikes (2017)

Post by JaydoubleU »

"Ding a ling a ling"

"Hello? Who's this?"

"It's George. George Cope."

"Hey George! Wassup?"
BCE Reports 2016 Q4 And Full-Year Results, Announces 2017 Financial Targets - Common Share Dividend Increased 5.1% To $2.87 Per Year
Thursday, February 02, 2017
http://www.theglobeandmail.com/globe-in ... lug=C1296p?

"Thanks George! See ya next year!"
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Re: Dividend and distribution hikes (2017)

Post by scomac »

JaydoubleU wrote:"Ding a ling a ling"

"Hello? Who's this?"

"It's George. George Cope."

"Hey George! Wassup?"
BCE Reports 2016 Q4 And Full-Year Results, Announces 2017 Financial Targets - Common Share Dividend Increased 5.1% To $2.87 Per Year
Thursday, February 02, 2017
http://www.theglobeandmail.com/globe-in ... lug=C1296p?

"Thanks George! See ya next year!"
Remember when the dividend was stuck at $1.46/share forever? I guess we should thank the teachers for their failed privatization bid!
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Re: Dividend and distribution hikes (2017)

Post by Peculiar_Investor »

Tis the season for increases ... Brookfield Renewable Announces 2016 Results and 5% Distribution Increase
press release wrote:The next quarterly distribution in the amount of $0.4675 per LP Unit, is payable on March 31, 2017 to unitholders of record as at the close of business on February 28, 2017. This represents an increase of 5% over the prior quarterly distribution of $0.445. Brookfield Renewable targets a sustainable distribution with increases targeted on average at 5% to 9% annually.
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Re: Dividend and distribution hikes (2017)

Post by JaydoubleU »

Remember when the dividend was stuck at $1.46/share forever? I guess we should thank the teachers for their failed privatization bid!
Actually, I don't. I first bought BCE in late 2008 (at 21.86 a share!!), and the dividend started rising right away. But I do thank the teachers!
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