Dividend increase #28 of 2021 : Fortis Inc.

The Board of Directors of Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE: FTS) declared a common share dividend of $0.535 per share on the issued and outstanding fully paid common shares of the Corporation, representing an approximate 6% increase in the quarterly dividend, payable on December 1, 2021 to the common Shareholders of Record at the close of business on November 17, 2021, marking 48 consecutive years of increased dividends.

This dividend increase is in line with the Corporation's guidance of 6% average annual dividend growth through 2025.

Sievi and Boreo merge to happen on first half of 2022

Sievi Capital and Boreo Boards have signed the contract to merge two companies into one. The name of the merged company will be Boreo. Sievi Capital will be merged into Boreo.

Owner of Sievi Capital will receive 0.4492 new company share for each share of Sievi Capital. Premium for Sievi Capital owners would be 42.1% on the price for the day when this merge was announced.

 As I own 150 share of Sievi Capital, this would give me 67 shares of the new Boreo Company.

New purchase : STORE Capital Corp

Added 10 shares of STORE Capital Corp (NYSE:STOR) at $33.72 per share. I now hold 56 shares of STORE Capital Corp.

New purchase : Algonquin Power & Utils Corp

 Added 18 shares of Algonquin Power & Utils Corp (TSE:AQN) at CAD 19.19 per share. I now hold 66 shares of Algonquin Power & Utils Corp.

New purchase : Huhtamäki Oyj

Added 10 shares of Huhtamäki Oyj (HUH1V.HE) at 41.79€ per share. I now hold 40 shares of Huhtamäki Oyj

New purchase : Emera Inc.

Added 8 shares of Emera Inc (TSE:EMA) at CAD 58.85 per share. I now hold 28 shares of Emera Inc.

Dividend increase #27 of 2021 : W.P. Carey Inc.

W. P. Carey Inc. (NYSE: WPC) reported today that its Board of Directors increased its quarterly cash dividend to $1.052 per share, equivalent to an annualized dividend rate of $4.21 per share. The dividend is payable on October 15, 2021 to stockholders of record as of September 30, 2021.

New purchase : Annaly Capital Management

Added 47 shares of Annaly Capital Management (NYSE:NLY) at $8.62 per share. I now hold 138 share of Annaly Capital Management.

Dividend increase #26 of 2021 : Realty Income Corporation

Realty Income Corporation (Realty Income, NYSE: O), The Monthly Dividend Company^®, today announced its Board of Directors has declared an increase in the company's common stock monthly cash dividend to $0.236 per share from $0.2355 per share. The dividend is payable on October 15, 2021 to shareholders of record as of October 1, 2021. This is the 112^th dividend increase since Realty Income's listing on the NYSE in 1994. The ex-dividend date for October's dividend is September 30, 2021. The new monthly dividend represents an annualized dividend amount of $2.832 per share as compared to the current annualized dividend amount of $2.826 per share.

Dividend increase #25 of 2021 : STORE Capital Corporation

STORE Capital Corporation (NYSE: STOR), an internally managed net-lease real estate investment trust (REIT) that invests in Single Tenant Operational Real Estate, today announced that it has declared a regular quarterly cash dividend on its common stock of $0.3850 per share for the third quarter ending September 30, 2021. On an annualized basis, this dividend of $1.54 per common share represents an increase of $0.10 per share over the previous annualized dividend. The dividend will be paid on October 15, 2021 to STORE Capital stockholders of record as of the close of business on September 30, 2021. 

“Since we went public in 2014, STORE has delivered an attractive compounded annual total return to shareholders of 14.5% and our dividend has always been an important part of our total return. We are proud to be delivering a quarterly dividend increase of 2.5 cents per share to our shareholders, equating to 10 cents per share annualized – our highest per share increase since we became public. This dividend increase demonstrates our confidence in our growth strategy and the strength of our cash flows,” said Mary Fedewa, STORE Capital’s President and Chief Executive Officer.

New purchase : Canadian Natural Resources

Added 10 shares of Canadian Natural Resouces (CNQ.TO) at CAD 43.77 per share. I now hold 28 shares of Canadian Natural Resources

New purchase : Ares Capital Corp

Added 14 shares of Ares Capital Corp (NYSE:ARCC) at $20.36 per share. I now hold 158 shares of Ares Capital Corp

New purchase : Altria Group

Added 5 shares of Altria Group (NYSE:MO) at $50.75 per share. I now hold 73 shares of Altria Group

Dividend increase #24 of 2021 : Verizon Communications Inc.

The Board of Directors at Verizon Communications Inc. (NYSE, Nasdaq: VZ) today declared a quarterly dividend of 64 cents per outstanding share, an increase of 1.25 cents per share from the previous quarter. The quarterly dividend is payable on November 1, 2021, to Verizon shareholders of record at the close of business on October 8, 2021.

This is the 15th consecutive year Verizon’s Board has approved a quarterly dividend increase.

Chairman and CEO Hans Vestberg said, “We continue to deliver value to our shareholders as we execute our multi-purpose network strategy and grow the top and bottom lines.”

Verizon has approximately 4.1 billion shares of common stock outstanding. The company made approximately $5.2 billion in cash dividend payments in the first half of 202

Progress update : August 2021

 

Quote	2018	2019	2020	2021	1y chg	2y chg	3y chg
AT&T	24.50	26.22	33.06	43.77	32.39%	66.93%	78.65%
Verizon Communications	11.55	15.45	20.32	25.80	26.96%	66.99%	123.3%
Sampo	-	17.55	-	-
Nokia	-	37.50	-	-
AGNC Investment	9.93	12.74	9.27	15.99	72.49%	25.51%	61.02%
National_Health_Investors	-	9.19	26.93	22.00	-18.3%	139.3%
Enterprise Products	21.47	22.83	21.83	22.14	1.420%	-3.02%	3.120%
Emera Inc.	-	-	-	8.59
Alliance Resource	22.01	23.25	-	4.07	%	-82.4%
Golar LNG	23.94	17.04	0.80	-	-100%	-100%
Omega Healthcare	48.29	53.35	57.69	58.10	0.710%	8.903%	20.31%
AbbVie Inc.	-	15.04	28.88	40.68	40.85%	170.4%
Realty Income	5.42	7.76	7.49	10.59	41.38%	36.46%	95.38%
Pembina Pipeline	-	-	-	7.93
EPR Properties	6.27	9.88	-	7.82	%	-20.8%
Main Street	14.37	15.89	14.88	14.95	0.470%	-5.91%	4.036%
Lazard Ltd	-	12.45	15.88	18.45	16.18%	48.19%
Prospect Capital	11.42	11.92	11.15	11.30	1.345%	-5.20%	-1.05%
Royal_Bank_of_Canada	9.95	11.03	17.98	18.92	5.228%	71.53%	90.15%
Chatham Lodging_Trust	13.06	13.67	-	-	%
LTC Properties	12.28	12.97	11.91	12.08	1.427%	-6.86%	-1.62%
Oasis Midstream	15.76	30.95	31.79	33.23	4.529%	7.366%	110.8%
Orchid Island	7.73	-	-	23.14	%
Gladstone Investment_Corp	-	-	-	1.77
Total	257.95	376.68	309.86	401.32	29.51%	6.541%	55.58%

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Status update : August 2021

 Dividends received in August

- 43.77 from AT&T 
- 25.80 from Verizon Communications
- 15.99 from AGNC Investment
- 22.00 from National_Health_Investors 
- 22.14 from Enterprise Products
- 8.59 from Emera Inc.
- 4.07 from Alliance Resource
- 58.10 from Omega Healthcare
- 40.68 from AbbVie Inc.
- 10.59 from Realty Income
- 7.93 from Pembina Pipeline
- 7.82 from EPR Properties
- 14.95 from Main Street
- 18.45 from Lazard Ltd
- 11.30 from Prospect Capital
- 18.92 from Royal_Bank_of_Canada 
- 12.08 from LTC Properties
- 33.23 from Oasis Midstream
- 23.14 from Orchid Island
- 1.77 from Gladstone Investment_Corp

This makes a total of 401.32 in dividends received from 20 companies. Previous year I received 309.86 in Aug. This is a 29.51% change in dividends

Gladstone Investment Corp additional supplemental distribution in September

Gladstone Investment Corporation (GAIN) will pay a supplemental distribution of $0.03 per share to holders of its common stock in September 2021. Additional dividend will be paid 15.9 and the regular dividend at the end of month.

The board of directors will continue to evaluate the amount and timing of any additional, semi-annual, supplemental distributions in future periods.

New purchase : Gladstone Investment Corporation

Added 27 shares of Gladstone Investment Corporation (GAIN) at $15.01 per share. I now hold 57 shares of Gladstone Investment Corporation.

New purchase : CapMan Oyj

 Initiated new domestic position in portfolio by acquiring 250 shares of CapMan Oyj (CAPMAN.HE). 

CapMan Oyj is a Finland-based holding company for investment and specialized asset management group. The Company has two operating segments: Management Company & Services business and Investment business. In its Management Company & Services business, the Company manages private equity funds that are invested by its partnership-based investment teams. Targets for investments are Nordic and Russian mainly unlisted companies and Nordic real estate. Also, the Company offers fund advisory services, fundraising advisory and procurement services. Through its Investment business, the Company invests from its own balance sheet in the private equity asset class and listed markets in a diversified manner. Targets for investments in this segment are mainly own funds and Nordic growth companies.

 CapMan Oyj pays dividend twice a year, in March and September and my staring yield on cost is around 4.44%