Chatham Lodging Trust update on dividend

Chatham paid 2020 dividends of $0.22 per common share during the first quarter and has suspended its monthly dividend. Although not expected, any dividend required for Chatham to maintain its REIT status for 2021 will be declared in the 2021 fourth quarter and paid in January 2022. Pursuant to its amended credit facility, any dividends paid would include a cash component no greater than the minimum percentage allowed under the Internal Revenue Code.

So...maybe some dividends coming in January 2022. Long wait to go.....

New purchase : Orchid Island Capital

Added 73 shares of Orchid Island Capital (ORC) at $5.70 per share
. I now hold 420 shares of ORC

Dividend increase #7 of 2021 : The Coca-Cola Company

The Board of Directors of The Coca-Cola Company today approved the company’s 59th consecutive annual dividend increase, raising the quarterly dividend 2.4 percent from 41 cents to 42 cents per common share.

Dividend increase #6 of 2021 : Huhtamäki

The Board of Directors proposes to the AGM that an aggregate dividend of EUR 0.92 per share be paid based on the balance sheet adopted for the financial period ended on December 31, 2020. The Board of Directors proposes that the dividend would be paid in two instalments.

The first dividend instalment, EUR 0.46 per share, is proposed to be paid to shareholders registered in the Company’s register of shareholders maintained by Euroclear Finland Ltd on the record date for the first dividend instalment April 26, 2021. The Board of Directors proposes that the payment date for the first dividend instalment would be May 3, 2021.

The second dividend instalment, EUR 0.46 per share, is proposed to be paid to shareholders registered in the Company’s register of shareholders maintained by Euroclear Finland Ltd on the record date for the second dividend instalment October 1, 2021. The Board of Directors proposes that the payment date for the second dividend instalment would be October 8, 2021.

Dividend increase #5 of 2021 : Sampo Group

Sampo Groupr reported results today and board proposal for dividend for year 2020 is 1.70€ per share. Previous year Sampo Group paid 1.50€ per share so this is a nice 13.3% increase in dividends.

Since I own 36 shares of SAMPO this change will increase my 12 month forward dividends by 7.20€

Dividend increase #4 of 2021 : Sanoma Oyj

Sanoma Oyj reported end of year results and proposal for Board to pay dividend 0.52€ per share for year 2020. This is a 0.02€ increase to dividend, very nice.

 

Recent sell : Nokia

 Sold 75 shares of Nokia for 3.5885€ per share. As no dividends coming in any time soon, it is time to lower the size of Nokia in my portfolio to release some cash to more productive investments.
I still hold 375 shares of Nokia.

Nokia does not pay dividend for 2020

Nokia reported results today and board proposal is to not pay dividends from year 2020. Another year goes like this. Not a suprise as this was very well expected.

Nordea board proposes dividend payments

Nordea reported results and proposal for board is to pay dividend 0.39€ per share from last year. Previous year dividend (0.40€ per share) is still awaiting payment also. Board proposal is to pay 

• 0.07€ per share of the dividend after February
• 0.72€ per share of the dividend after September following EU recommendation
  

New purchase : Fortis Inc.

 Started new position in portfolio by purchasing 11 shares of Fortis Inc. (TSE:FTS).

Fortis Inc. is a Canada-based electric and gas utility holding company. Its segments include Regulated Utilities and Non-Regulated Utilities. The Regulated Utilities segment includes Regulated Electric & Gas Utilities-the United States, which consists of ITC Holdings Corp., UNS Energy Corporation and Central Hudson Gas & Electric Corporation; Gas & Electric Utilities-Canadian, which consists of FortisAlberta Inc., FortisBC Energy Inc., FortisBC Inc. and Newfoundland Power Inc.; Electric Utilities-Caribbean, which includes its owner
ship interest in Caribbean Utilities Company, Ltd., Fortis Turks and Caicos, and its investment in Belize Electricity Limited. The Non-Regulated Utilities segment consists of Non-Regulated-Energy Infrastructure, which comprises long-term generation assets in British Columbia and Belize, and the Aitken Creek natural gas storage facility. It serves utility customers in five Canadian provinces, nine states in United States and three Caribbean.

Progress update : January 2021

Quote	2018	2019	2020	2021	1y chg	2y chg	3y chg
Telus Corporation	12.40	19.35	22.14	29.85	34.82%	54.26%	140.7%
Iron Mountain		24.85	39.89	47.13	18.14%	89.65%
AGNC Investment		14.06	13.07	11.50	-12.0%	-18.2%
National_Health_Investors			13.30	26.33	97.96%
Altria Group		20.73	34.69	42.20	21.64%	103.5%
W.P. Carey	28.47	30.89	41.84	42.14	0.717%	36.41%	48.01%
Realty Income	4.87	7.36	7.75	10.29	32.77%	39.80%	111.2%
EPR Properties		7.71	10.07		-100%
Main Street	13.38	14.69	15.80	14.60	-7.59%	-0.61%	9.118%
STORE Capital_Corp				8.28
Prospect Capital	10.76	11.65	11.94	10.85	-9.12%	-6.86%	0.836%
Bank_of_Nova_Scotia	14.99	16.26	17.92	16.79	-6.30%	3.259%	12.00%
Chatham Lodging_Trust	10.92	13.37	13.93		-100%	-100%
LTC Properties	11.47	12.45	12.87	11.76	-8.62%	-5.54%	2.528%
Orchid Island	11.50			15.03	%
New Residential	29.96	65.78	69.22	25.20	-63.5%	-61.6%	-15.8%
Chimera Investment	31.35	42.80	55.53	30.46	-45.1%	-28.8%	-2.83%
Total	196.74	301.95	379.96	342.41	-9.88%	13.39%	74.04%

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Status update : January 2021

 Dividends received in January

- 29.85 from Telus Corporation
- 47.13 from Iron Mountain
- 11.50 from AGNC Investment
- 26.33 from National_Health_Investors 
- 42.20 from Altria Group
- 42.14 from W.P. Carey
- 10.29 from Realty Income
- 14.60 from Main Street
- 8.28 from STORE Capital_Corp
- 10.85 from Prospect Capital
- 16.79 from Bank_of_Nova_Scotia 
- 11.76 from LTC Properties
- 15.03 from Orchid Island
- 25.20 from New Residential
- 30.46 from Chimera Investment

This makes a total of 342.41 in dividends received from 15 companies. Previous year I received 379.96 in January. This is a -9.88% change in dividends

Alliance Resource Partners rebound continues

Alliance Resource Partners (ARLP) reported results for Q4 2020. Quite OK result, rebound continues but dividend reinstating is not yet happening. As previously announced, the Board of Directors of ARLP's general partner (the "Board") suspended the cash distribution to unitholders for the 2020 Quarter. The Board intends to reassess its distribution policy at its meeting following the quarter ending March 31, 2021. 

Future unitholder distributions will be subject to ongoing board review of a number of factors including business and market conditions, ARLP’s future financial and operating performance outlook and other capital allocation priorities.