Dividend and distribution hikes (2015)

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Dividend and distribution hikes (2015)

Post by 2 yen » 09 Jan 2015 14:44

https://ca.finance.yahoo.com/news/atco- ... 15953.html

CU (Canadian Utilities) 10% increase to 29.5 cents a quarter or $1.18 a year.
The parent, ATCO, increases by 15% to 24.75 cents a quarter or $.99 a year.

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Re: Dividend and distribution hikes (2014)

Post by Arby » 13 Jan 2015 08:30

Corus Entertainment
TORONTO, Jan. 13, 2015 /CNW/ - Corus Entertainment Inc. (TSX: CJR.B) announced today that its Board of Directors has approved a $0.05 increase in its annual dividend.

At the new rate, the dividend on an annual basis for the Company's Class A and Class B Shares is $1.135 and $1.14 respectively, up from the previous rate of $1.085 and $1.09, respectively.

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Re: Dividend and distribution hikes (2015)

Post by JaydoubleU » 14 Jan 2015 06:13

Shaw Announces 8% Increase In Dividends To $1.185 Per Annum
This represents an increase of 8% or $.085 per share. Shaw's dividends are declared and paid on a monthly basis and this increase will commence March 30, 2015. Based on the January 13, 2015 closing stock price, the new dividend rate represents a yield of 3.8% on the Class B Non-Voting Participating Shares.
http://www.theglobeandmail.com/globe-in ... 0987438001

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Re: Dividend and distribution hikes (2015)

Post by jeremy » 21 Jan 2015 15:23

MTY increases its quarterly dividend by 18%
MTY Food Group Inc. ("MTY" or the "Company") (TSX: MTY), franchisor and operator of multiple concepts of quick service restaurants, announces an increase of 18% of its quarterly dividend payment, which increases from 8.5¢ per share to 10¢ per share. The 10¢ dividend will be payable on February 13, 2015 to shareholders registered in the Company's records at the end of the business day on February 2, 2015.

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Re: Dividend and distribution hikes (2015)

Post by Peculiar_Investor » 22 Jan 2015 11:58

A penny raised it still a good thing, particularly when it is actually a 7% increase, Richelieu Hardware Ltd. | In 2014, Richelieu exceeds $1 billion in market capitalization
Increase of 7.1% in the quarterly dividend which was raised from $0.14 to $0.15 — a dividend of $0.15 per share has been declared and will be payable on February 19, 2015 to shareholders of record as at February 5, 2015.
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Re: Dividend and distribution hikes (2015)

Post by westcoastfella » 23 Jan 2015 16:56

Norfolk Southern (NSC) raises dividend 4%
Norfolk Southern Corporation (NYSE: NSC) today announced that its Board of Directors voted to increase the regular quarterly dividend on the company's common stock by 4 percent, or 2 cents per share, from 57 to 59 cents per share. The increased dividend is payable on March 10 to stockholders of record on Feb. 6.

Since its inception in 1982, Norfolk Southern (NSC) has paid dividends on its common stock for 130 consecutive quarters.

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Re: Dividend and distribution hikes (2015)

Post by pmj » 23 Jan 2015 18:55

Worth noting that NSC typically raises its dividend every six months - except 2009-2010 (18M) & 2012-2013 (12M) - the 5-year average DGR is close to 12%.
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Re: Dividend and distribution hikes (2015)

Post by Peculiar_Investor » 27 Jan 2015 07:49

Lots happening at this grocery store ... METRO INC. | METRO: Earnings per share increase of 22.6% in the first quarter of 2015 and dividend increase of 16.7%
Metro wrote:On January 26, 2015, the Corporation's Board of Directors declared a quarterly dividend of $0.35 per Common Share payable March 16, 2015, an increase of 16.7% over the current quarterly dividend of $0.30. On an annualized basis, this dividend represents approximately 25% of 2014 adjusted net earnings(2), compared to the percentages of the previous two fiscal years which were 22% and 20%, in accordance with the new payout target communicated to shareholders in January 2014.
Also included in the announcement, a 3:1 stock split
Metro wrote:The Board of Directors of the Corporation has approved on January 26, 2015 a 3-for-1 stock split of its Common Shares to increase the number of shares outstanding and enhance affordability to investors. This stock split is subject to obtaining all necessary regulatory approvals.

The record date of the stock split will be Friday, February 6, 2015 at 5 p.m., and the payment date will be Wednesday, February 11, 2015, at which time the Corporation's transfer agent, Computershare Trust Company of Canada ("Computershare"), will promptly send shareholders of record a physical share certificate representing two additional Common Shares for each Common Share held at such record date. In addition, Computershare will electronically issue the appropriate number of Common Shares to CDS & Co for distribution to the non-registered beneficial shareholders resulting in the brokerage account of beneficial owners being automatically updated to reflect the stock split. Shareholders do not need to take any action in order to receive additional shares under this stock split.

The Toronto Stock Exchange has determined to implement due bill trading in connection with the stock split. A due bill is an entitlement attached to listed securities undergoing a material corporate action, such as a stock split. In this instance, anyone purchasing a Common Share of Metro during the period commencing two trading days before the record date (Wednesday, February 4, 2015) and ending on the payment date (Wednesday, February 11, 2015) inclusively (the "due bill period"), shall receive a payable right. Any trades that are executed on the Toronto Stock Exchange during the due bill period will be identified to ensure purchasers of Metro's Common Shares receive the entitlement.
The due bill process has been previously discussed, if you are interested use the forum search.
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Re: Dividend and distribution hikes (2015)

Post by bpither » 27 Jan 2015 16:16

CN Rail by 25% to $1.25. The largest increase in CN history ... why it was sold off today I'll never know... you would think that after CP delivered solid earnings, and bearing in mind the extensive Atlantic/Pacific/Gulf Coast CN infrastructure in a growing US economy that their earnings and dividend hike would be good after hours.

For people like myself who have been holding this stock for years it has been an incredible winner, hiking their dividend regularly since privatization in 1995, despite the gyrations of the stock market.

http://www.marketwatch.com/story/cn-ann ... _news_stmp
Last edited by bpither on 27 Jan 2015 19:53, edited 2 times in total.
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Re: Dividend and distribution hikes (2015)

Post by Lazy Ninja » 27 Jan 2015 16:48

bpither wrote: why it was sold off today I'll never know
The results weren't reported until after the close today. According to morningstar, CNI is up about three and a quarter percent after hours on the NYSE (morningstar doesn't show similar information for Canadian stocks).

http://quotes.morningstar.com/stock/cni/s?t=CNI

Same deal for yahoo finance.

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Re: Dividend and distribution hikes (2015)

Post by Peculiar_Investor » 29 Jan 2015 08:11

A couple (so far) today that have put more change in my pockets.

Rogers Communications Inc. | Rogers Communications Board Increases and Declares Dividend
Jan. 29, 2015 /CNW/ - Rogers Communications Inc. ("Rogers") announced that its Board of Directors has approved a 5% increase to the annualized dividend rate from $1.83 to $1.92 per Class A Voting and Class B Non-Voting share. Effective immediately, the new quarterly dividend rate will be 48 cents per share.

Following the approval of the dividend increase, the Rogers Board declared a 48 cent quarterly dividend on each of its outstanding Class A Voting shares and Class B Non-Voting shares. This quarterly dividend will be paid on April 1, 2015 to shareholders of record on March 13, 2015, and is the first quarterly dividend to reflect the newly increased $1.92 per share annualized dividend level.
Potash Corporation of Saskatchewan Inc. | PotashCorp Increases Dividend by Approximately 9 Percent
Jan. 28, 2015 /CNW/ - Potash Corporation of Saskatchewan Inc. (PotashCorp) announced today that its Board of Directors has approved an increase of the company's quarterly cash dividend (from $0.35 per share to $0.38 per share), and declared a quarterly cash dividend of US $0.38 per common share payable May 4, 2015 to shareholders of record on April 13, 2015.
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Re: Dividend and distribution hikes (2015)

Post by Peculiar_Investor » 30 Jan 2015 08:47

Technically not a hike, but who's going to argue with receiving this one: Costco Wholesale Corporation Reports Special Cash Dividend of $5.00 per Share
(Marketwired - Jan 30, 2015) - Costco Wholesale Corporation ("Costco" or the "Company") (NASDAQ: COST) announced today that its Board of Directors has declared a special cash dividend on Costco common stock of $5.00 per share, payable February 27, 2015, to shareholders of record as of the close of business on February 9, 2015. The aggregate payment will be approximately $2.2 billion. The special dividend will be funded through existing cash and additional borrowings. It will be in addition to the Company's regular quarterly cash dividend of $.355 per share that was declared on January 29, 2015.
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Re: Dividend and distribution hikes (2015)

Post by Arby » 03 Feb 2015 09:51

Brookfield Infrastructure (BIP.un) increases 10%
The Board of Directors has declared a quarterly distribution in the amount of $0.53 per unit, payable on March 31, 2015 to unitholders of record as at the close of business on February 27, 2015. This distribution represents a 10% increase compared to the prior year.

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Re: Dividend and distribution hikes (2015)

Post by bpither » 03 Feb 2015 10:09

And although BIP.UN is listed on both US and CDN exchanges the 10% increase is in US dollars. I've noticed an increase in my CDN dollar payout each quarter this year as the CDN falls. What a winner!
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Re: Dividend and distribution hikes (2015)

Post by IdOp » 03 Feb 2015 12:40

WestJet (WJA) reported 4Q14 results and increased dividend by 16.7%, from 12 to 14 cents/share quarterly.

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Re: Dividend and distribution hikes (2015)

Post by Arby » 04 Feb 2015 08:52

Intact Financial (IFC) increases 10%
The Board of Directors increased the quarterly dividend by 10% to 53 cents per share on the Company's outstanding common shares. The Board of Directors also declared a quarterly dividend of 26.25 cents per share on the Company's Class A Series 1 and Class A Series 3 preferred shares. The dividends are payable on March 31, 2015 to shareholders of record on March 16, 2015.

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Re: Dividend and distribution hikes (2015)

Post by patriot1 » 04 Feb 2015 11:01

bpither wrote:And although BIP.UN is listed on both US and CDN exchanges the 10% increase is in US dollars.
It's also 10% in Canadian dollars, Euros, Pesos, etc. Think about it. :wink:

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Re: Dividend and distribution hikes (2015)

Post by bpither » 04 Feb 2015 12:30

patriot1 wrote:
bpither wrote:And although BIP.UN is listed on both US and CDN exchanges the 10% increase is in US dollars.
It's also 10% in Canadian dollars, Euros, Pesos, etc. Think about it. :wink:
The BIP payout is presently US$2.12, and the distributions in 2013 were deposited in my account at the prevailing - and falling - CDN dollar rate. In comparison with 2012 I actually received a higher percentage increase in CDN dollars than the posted 12% increase in 2013.
"We have two classes of forecaster: Those who don’t know and those who don’t know they don’t know.” John Kenneth Galbraith

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Re: Dividend and distribution hikes (2015)

Post by Flaccidsteele » 04 Feb 2015 23:26

Peculiar_Investor wrote:Technically not a hike, but who's going to argue with receiving this one: Costco Wholesale Corporation Reports Special Cash Dividend of $5.00 per Share
(Marketwired - Jan 30, 2015) - Costco Wholesale Corporation ("Costco" or the "Company") (NASDAQ: COST) announced today that its Board of Directors has declared a special cash dividend on Costco common stock of $5.00 per share, payable February 27, 2015, to shareholders of record as of the close of business on February 9, 2015. The aggregate payment will be approximately $2.2 billion. The special dividend will be funded through existing cash and additional borrowings. It will be in addition to the Company's regular quarterly cash dividend of $.355 per share that was declared on January 29, 2015.
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Re: Dividend and distribution hikes (2015)

Post by JaydoubleU » 05 Feb 2015 06:51

BCE

Common share dividend increased 5.3% to $2.60 per year.

http://www.bce.ca/assets/investors/Q4_2 ... elease.pdf

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Re: Dividend and distribution hikes (2015)

Post by Peculiar_Investor » 05 Feb 2015 17:33

From Toromont a pretty impressive track record of rewarding their shareholders, Toromont Announces 2014 Results and 13% Increase in Quarterly Dividend (with my bold)
Considering the Company's solid financial position, cash flows and balances, and positive long- term outlook, the Board of Directors announced it is increasing the quarterly dividend to 17 cents per share effective with the dividend payable on April 1, 2015. This represents a 13% increase in Toromont's regular quarterly cash dividend. The Company has paid dividends every year since going public in 1968 and this represents the 26th consecutive year of increases.
Signed,
a satisfied shareholder!
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Re: Dividend and distribution hikes (2015)

Post by nile » 05 Feb 2015 18:10

[url]http://avatars.jurko.net[/url][img]http://img1.jurko.net/avatar_10579.gif[/img]

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Re: Dividend and distribution hikes (2015)

Post by JaydoubleU » 06 Feb 2015 08:21

Brookfield Renewable Announces 7% Distribution Increase

http://www.theglobeandmail.com/globe-in ... 0990964001

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Re: Dividend and distribution hikes (2015)

Post by Springbok » 06 Feb 2015 09:18

Peculiar_Investor wrote:From Toromont a pretty impressive track record of rewarding their shareholders, Toromont Announces 2014 Results and 13% Increase in Quarterly Dividend (with my bold)
Considering the Company's solid financial position, cash flows and balances, and positive long- term outlook, the Board of Directors announced it is increasing the quarterly dividend to 17 cents per share effective with the dividend payable on April 1, 2015. This represents a 13% increase in Toromont's regular quarterly cash dividend. The Company has paid dividends every year since going public in 1968 and this represents the 26th consecutive year of increases.
Signed,
a satisfied shareholder!
Had never looked at that name. Low dividend yield (2.16%) but Total Return of 15.67% since 1996!

For those who, like me, don't know this company:
About Toromont

Toromont Industries Ltd. operates through two business segments: The Equipment Group and CIMCO. The Equipment Group includes one of the larger Caterpillar dealerships by revenue and geographic territory, industry-leading rental operations and a growing agricultural dealership in Manitoba. CIMCO is a market leader in the design, engineering, fabrication and installation of industrial and recreational refrigeration systems. Both segments offer comprehensive product support capabilities. This press release and more information about Toromont Industries can be found at http://www.toromont.com.
Not so sure about the Caterpillar and heavy equipment rentals going forward, considering the state of resource industries. CAT in USA has not been doing too well lately.

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Re: Dividend and distribution hikes (2015)

Post by Peculiar_Investor » 06 Feb 2015 09:22

Springbok wrote:For those who, like me, don't know this company
check out viewtopic.php?f=33&t=110764
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