I'll start the 2017 thread (summary of change and link to further details):
January 05, 2017 - Enbridge Announces 10 Percent Quarterly Dividend Increase Enbridge Inc. (TSX:ENB)(NYSE:ENB) announced today that its Board of Directors has declared a quarterly dividend of $0.583 per common share, payable on March 1, 2017 to shareholders of record on February 15, 2017. The declared dividend represents a 10 percent increase from the prior quarterly rate and the twenty-second consecutive year in which the Company has increased its common share dividend.
I do not see how they claim a 7% increase in the dividend. They went from $0.48 to $0.4925. This is $0.0125 more, which is 2.6% of the $0.48 prior amount. A 7% increase would have gotten us an extra $0.0336 or $0.5136.
EDIT: if you go back in their dividend history to the same Q last year, it was $0.44 and we have a 7% boost against that at this point. Seems fishy though since they already announced the intervening increases to various levels of fanfare.
My guess is they're playing fast and loose with semantics a bit. The latest increase would be bring the total annual increase from this time last year to 7%. In June 2016 the dividend was $0.46 x 1.07 = $0.4926
Kinder Morgan (KMI) grabbed headlines Wednesday when it announced pretty substantial news: the company says it expects to declare an annual dividend of $.80 per share for 2018, which would represent a 60% increase from 2017's dividend.
(SAP) Saputo Inc, one of Canada’s largest dairy producers, boosted its dividend and reported a larger quarterly profit on Tuesday, citing higher year-over-year dairy prices.
The dividend will edge up to 16 Canadian cents per share from 15 Canadian cents, payable on Sept. 15.
I like SAP, but I'm concerned how the NAFTA talks will affect their profit etc. I'll continue to watch, but dairy products in general are in the crosshairs of the bargaining. I don't expect the talks to go well.
Annualized dividend increased by 4% to $0.76 per share, reflecting the
expectation for positive annual free cash flow(2) and sustainable
earnings recovery
Royal Bank of Canada (RY on TSX and NYSE) announced today that its board of directors has declared an increase to its quarterly common share dividend of four cents, or five per cent, to 91 cents per share
...dividend of $1.30 per share on common shares for the quarter ending October 31, 2017, an increase of three cents from the previous quarter. This dividend is payable on October 27, 2017 to shareholders of record at the close of business on September 28, 2017.
Altria Group, Inc. (Altria) (NYSE: MO) today announced that its Board of Directors voted to increase Altria’s regular quarterly dividend by 8.2% to $0.66 per common share versus the previous rate of $0.61 per common share. The quarterly dividend is payable on October 10, 2017, to shareholders of record as of September 15, 2017. The ex-dividend date is September 14, 2017.
HALIFAX, Nova Scotia--(BUSINESS WIRE)--On September 29, 2017 the Board of Directors of Emera Inc. (TSX: EMA, EMA.PR.A, EMA.PR.B, EMA.PR.C, EMA.PR.E, and EMA.PR.F) approved an increase in the annual common share dividend rate to $2.26 from $2.09 per common share. The first quarterly payment of $0.565 per common share is payable on and after November 15, 2017 to common shareholders of record at the close of business on November 1, 2017.
I think FTS had previously targeted 6% dividend growth through 2021. The press release seems to indicate that it's now targeting 6% growth through 2022. Kind of nice seeing that guidance.
Shame on them. Excessive yield, excessive payout, and dumb considering they are paying that on subscription receipts that may have to be bought back if the WGL acquisition does not go through.
Telus raised is quaarterly dividend up a notch " Telus also announced an increase in its quarterly dividend Thursday, raising it to 50.5 cents per share, up from 49.25 cents."
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