New purchase : Prospect Capital Corporation

 Added 50 shares of Prospect Capital Corporation (NYSE:PSEC) at $8.64 per share. I now hold 270 shares of Prospect Capital

New purchase : VF Corporation

Added 10 shares of V.F. Corporation (NYSE:VFC) at $72.64 per share. I now hold 45 shares of VF Corporation

New purchase : Bank of Nova Scotia

Added 10 shares of Bank of Nova Scotia (NYSE:BNS) at $64.89 per share. I now hold 39 shares of Bank of Nova Scotia.

New purchase : Chimera Investment Corp

Added 27 shares of Chimera Investment Corp (NYSE:CIM) at $16.35. I now hold 150 shares of Chimera Investment Corp.

New purchase : AGNC Investment Corp

Added 28 shares of AGNC Investment Corp (AGNC) at $15.99 per share. I now hold 206 shares of AGNC.

Dividend increase #41 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 $0.246 per share from $0.236 per share. The dividend is payable on December 15, 2021 to shareholders of record as of December 1, 2021. This is the 113th dividend increase since Realty Income's listing on the NYSE in 1994. The ex-dividend date for December's dividend is November 30, 2021. The new monthly dividend represents an annualized dividend amount of $2.952 per share as compared to the current annualized dividend amount of $2.832 per share.

Realty Income Corporation completes spin-off of Orion Office REIT

Realty Income Corporation (Realty Income, NYSE: O), The Monthly Dividend Company^®, today announced it has completed the spin-off of substantially all of its office assets into a new independent, publicly traded REIT called Orion Office REIT Inc. ("Orion"). Orion is listed on the New York Stock Exchange ("NYSE") under the symbol "ONL." 

 Under the terms of the spin-off, Realty Income stockholders received one share of Orion common stock for every ten shares of Realty Income common stock held as of the record date of November 2, 2021. Realty Income common stockholders will receive cash in lieu of any fractional shares they would otherwise have been entitled to receive in the distribution.

Expecting to receive 5 shares of Orion Office REIT (ONL) soon...

New purchase : Gladstone Investment Corp

Added 32 shares of Gladstone Investment Corp (GAIN) at $16.36 per share. I now hold 130 shares of Gladstone Investment Corp.

 

Dividend increase #40 of 2021 : SFL Corporation

SFL Corporation Board of Directors has declared a quarterly cash dividend of $0.18 per share. The dividend will be paid on or around December 29, to shareholders on record as of December 15, and the ex-dividend date on the New York Stock Exchange will be December 14, 2021. 

This is a nice 20% increase over the previous quarter dividend and this change will increase my 12 month forward dividends by $24.36

Vermillion Energy dividend to be reinstated on Q1/2022

Vermillion Energy (TSE:VET) announced a plan to reinstate a dividend in Q1 2022. Although it is still subject to board approval, their intention is to reinstate a fixed quarterly dividend (5-10% of FFO stress-tested at lower prices including US$55/bbl WTI) while continuing to focus on debt reduction. As further debt targets are achieved they will consider augmenting their return of capital through fixed dividend increases, share buybacks and/or special dividends. More info will be provided with more details on return of capital framework with formal 2022 budget release in early December.

 

Dividend increase #39 of 2021 : Telus Corporation

VANCOUVER, British Columbia, Nov. 05, 2021 (GLOBE NEWSWIRE) -- NOTICE IS HEREBY GIVEN that the Board of Directors has declared a quarterly dividend of $0.3274 Canadian per share on the issued and outstanding Common shares payable on January 4, 2022 to shareholders of record at the close of business on December 10, 2021.

Dividend for previous quarter was $0.3162 so this is a nice 3.54% increase. Since I own 150 shares of Telus Corporation which change will increase my 12 month forward dividends by CAD 6.72

Dividend increase #38 of 2021 : Canadian Natural Resources

Canadian Natural Resources Limited (TSX: CNQ) (NYSE: CNQ) announces that its Board of Directors has declared a quarterly cash dividend on its common shares of C$0.5875 (fifty-eight and three quarter cents) per common share. The dividend will be payable on January 5, 2022 to shareholders of record at the close of business on December 10, 2021.

This is a 25% increase over the previous quarter dividend. Since I own 28 shares of Canadian Natural Resources, this change will increase my 12 month forward dividends by CAD 13.16

Dividend increase #37 of 2021 : Emerson Electric

Emerson Electric continues streak by announcing 65th year of consecutive increased quarterly dividends per share. Declared increase of quarterly cash dividend to $0.515 per share of common stock payable December 10, 2021 to stockholders of record November 12, 2021. This is a 2% increase over the previous dividend.

 

New purchase : Canadian Utilities

Added 15 shares of Canadian Utilities (TSE:CU) at CAD 36.18 per share. I now hold 85 shares of Canadian Utilities

Dividend increase #36 of 2021 : Main Street Capital

Main Street Capital Corporation (NYSE: MAIN) ("Main Street") is pleased to announce that its Board of Directors declared regular monthly cash dividends of $0.215 per share for each of January, February and March 2022.  These monthly dividends, which will be payable pursuant to the table below, total $0.645 per share for the first quarter of 2022, which represent a 2.4% increase from the regular monthly dividends paid for the fourth quarter of 2021

 In addition to the regular monthly dividends for the first quarter of 2022, the Board of Directors declared a supplemental cash dividend of $0.10 per share payable in December 2021. This supplemental cash dividend, which will be payable as set forth in the table below

Supplemental Cash Dividend Payable in December 2021

Declared	Ex-Dividend Date	Record Date	Payment Date	Amount Per Share
11/1/2021	12/21/2021	12/22/2021	12/30/2021	$0.10

 

Progress update : October 2021

Quote	2018	2019	2020	2021	1y chg	2y chg	3y chg
Telus Corporation	19.53	21.41	20.54	32.44	57.93%	51.51%	66.10%
Canadian Natural_Resources	-	-	-	8.98
Iron Mountain	16.00	33.97	49.41	52.69	6.638%	55.10%	229.3%
Coca-Cola	17.92	19.41	18.53	19.19	3.561%	-1.13%	7.087%
Huhtamaki Oyj	-	-	-	18.40
Nordea	-	-	-	264.96
AGNC Investment	10.01	13.02	9.24	18.42	99.35%	41.47%	84.01%
Altria Group	20.52	34.48	43.70	56.66	29.65%	64.32%	176.1%
Algonquin Power_and_Utils	-	-	-	9.76
W.P. Carey	30.57	41.44	43.46	52.39	20.54%	26.42%	71.37%
Realty Income	7.23	7.82	7.59	10.80	42.29%	38.10%	49.37%
Pembina Pipeline	-	-	-	9.77
EPR Properties	7.66	10.00	-	7.94	%	-20.6%
Main Street	14.47	15.98	15.06	15.59	3.519%	-2.44%	7.740%
STORE Capital_Corp	-	-	4.58	18.51	304.1%
Prospect Capital	11.54	11.88	11.17	11.34	1.521%	-4.54%	-1.73%
Telia Company	51.32	57.48	47.72	-	-100%	-100%
Bank_of_Nova_Scotia	16.54	17.95	16.73	18.12	8.308%	0.947%	9.552%
Chatham Lodging_Trust	13.32	13.60	-	-	%
LTC Properties	12.53	12.77	12.25	12.32	0.571%	-3.52%	-1.67%
Orchid Island	-	-	8.26	23.45	183.8%
Annaly_Capital_Management	-	-	-	25.95
New Residential	66.06	67.20	19.58	32.70	67.00%	-51.3%	-50.4%
Chimera Investment	34.29	43.91	31.62	34.77	9.962%	-20.8%	1.399%
Gladstone Investment_Corp	-	-	-	6.28
Total	349.51	422.32	359.44	761.43	111.8%	80.29%	117.8%

---

Status update : October 2021

 Dividends received in October

- 32.44 from Telus Corporation
- 8.98 from Canadian Natural_Resources
- 52.69 from Iron Mountain
- 19.19 from Coca-Cola 
- 18.40 from Huhtamaki Oyj
- 264.96 from Nordea 
- 18.42 from AGNC Investment
- 56.66 from Altria Group
- 9.76 from Algonquin Power_and_Utils
- 52.39 from W.P. Carey
- 10.80 from Realty Income
- 9.77 from Pembina Pipeline
- 7.94 from EPR Properties
- 15.59 from Main Street
- 18.51 from STORE Capital_Corp
- 11.34 from Prospect Capital
- 18.12 from Bank_of_Nova_Scotia 
- 12.32 from LTC Properties
- 23.45 from Orchid Island
- 25.95 from Annaly_Capital_Management 
- 32.70 from New Residential
- 34.77 from Chimera Investment
- 6.28 from Gladstone Investment_Corp

This makes a total of 761.43 in dividends received from 23 companies. Previous year I received 359.44 in October. This is a 111.8% change in dividends

Realty Income and Vereit merge completed

SAN DIEGO and PHOENIX, Nov. 1, 2021 /PRNewswire/ -- Realty Income Corporation (Realty Income, NYSE: O), The Monthly Dividend Company^®, and VEREIT, Inc. (NYSE: VER) ("VEREIT") today announced the completion of their previously announced merger. The common stock of the combined company will trade under the symbol "O" on the NYSE, beginning today.

"We are pleased to announce the completion of our merger with VEREIT, strengthening our position as the leading net lease REIT and global consolidator of the net lease space," said Sumit Roy, Realty Income's President and Chief Executive Officer. "With the closing of the VEREIT merger, we believe our size, scale and diversification will further enhance many of our competitive advantages, accelerate our investment activities, and enhance shareholder value for years to come. I thank all of our employees for their tireless efforts to achieve this milestone and welcome our new colleagues to our 'One Team'."

As previously announced, Realty Income also expects to complete its spin-off of substantially all the office assets of the combined company into a new, publicly traded REIT named Orion Office REIT Inc. (NYSE: ONL) ("Orion"). The spin-off will be effected by a special dividend to all Realty Income stockholders, including legacy VEREIT stockholders, which is expected to occur on November 12, 2021 ("Distribution"). For every ten shares of Realty Income common stock held of record by Realty Income stockholders as of the close of business on November 2, 2021, the record date for the Distribution, such stockholder will receive one share of Orion common stock. Shares of Orion common stock are expected to commence trading on the New York Stock Exchange on November 15, 2021.

Oasis Midstream Partners to merge with Crestwood Equity Partners LP

Oasis Petroleum Inc. (NASDAQ: OAS) ("Oasis" or the "Company") announced today that Oasis Midstream Partners (NASDAQ: OMP) ("OMP") has entered into a definitive agreement under which it will merge with Crestwood Equity Partners LP (NYSE: CEQP) ("Crestwood"). Under the terms of the agreement, Oasis, as a unitholder of OMP, will receive $160MM in cash in addition to approximately 21.0MM common units of CEQP in aggregate in exchange for its 33.85MM OMP common units and non-economic general partner stake. Public OMP unitholders will receive 0.87 units of Crestwood common units for each unit of OMP owned. In the aggregate, the total consideration represents an at-the-market transaction based on the closing prices for OMP and Crestwood on October 25, 2021, and implies an enterprise value for the combined companies of approximately $6.9B. Upon completion of the transaction, Oasis will own approximately 21.7% of Crestwood common units.

Since I own 70 shares of OMP, I should receive 60 shares of CEQP and some cash

Dividend increase #35 of 2021 : AbbVie Inc.

AbbVie is announcing today that its board of directors declared an increase in the company's quarterly cash dividend from $1.30 per share to $1.41 per share beginning with the dividend payable on February 15, 2022 to shareholders of record as of January 14, 2022. This reflects an increase of approximately 8.5 percent, continuing AbbVie's strong commitment to returning cash to shareholders through a growing dividend. Since the company's inception in 2013, AbbVie has increased its quarterly dividend by more than 250 percent. AbbVie is a member of the S&P Dividend Aristocrats Index, which tracks companies that have annually increased their dividend for at least 25 consecutive years.

Since I own 42 shares of ABBV, this change will increase my 12 month forward dividends by $18.48