Dividend increase #5 of 2022 : Alliance Resources Partners

Alliance Resource Partners, L.P. (NASDAQ: ARLP) today announced that the Board of Directors of ARLP’s general partner approved an increased cash distribution to its unitholders for the quarter ended December 31, 2021 (the "2021 Quarter").

ARLP unitholders will receive a cash distribution for the 2021 Quarter of $0.25 per unit (an annualized rate of $1.00 per unit), payable on February 14, 2022 to all unitholders of record as of the close of trading on February 7, 2022. The announced distribution represents a 25.0% increase over the cash distribution declared of $0.20 per unit for the quarter ended September 30, 2021.

 

Dividend increase #4 of 2022 : Stora Enso

Stora Enso (STER1V.HE) board proposes dividend of 0.55€ per share from year 2021. This is a nice 83.3% increase over the dividend from previous year. Very nice. Since I own 210 shares of Stora Enso, this change will increase my 12 month forward dividends by 52.50€.

 

 

Dividend increase #3 of 2021 : Telia Company

Telia Company Board proposes an ordinary dividend of SEK 2.05 for year 2021 to the Annual General Meeting. Previous year the dividend was SEK 2.00 so this is a small increase in case General Meeting approves the proposal.

 

New purchase : Emera Inc.

Added 10 shares of Emera Inc. (TSE:EMA) at CAD 59.5 per share. I now hold 38 shares of Emera Inc.

Dividend increase #2 of 2022 : Canadian Utilities

The Board of Directors of Canadian Utilities Limited, an ATCO Company, today declared a first quarter dividend of 44.42 cents per Class A non-voting (TSX:CU) and Class B common share (TSX: CU.X), a one percent increase over the 43.98 cents paid in each of the four previous quarters.  This common share dividend is payable March 1, 2022, to shareholders of record on February 3, 2022.

Quite a small increase like last year but better than no increase.

 

Orchid Island reduced dividend

 January 2022 Monthly Dividend of $0.055 Per Share of Common Stock

The Company has elected to reduce the monthly cash dividend in light of the rapid compression of the Company’s net interest margin that has occurred over the course of the fourth quarter. Additionally, recent comments from members of the Federal Open Market Committee indicate that the Federal Reserve may take actions to remove the substantial monetary policy accommodation that has been in place since the onset of the COVID-19 pandemic over the very near term. 

The Company’s net interest margin has also been impacted by the persistence of longer-term rates remaining at or below levels observed earlier in 2021. As a result, prepayment rates on the Company’s pass-through and interest-only securities remain elevated.

Gladstone Investment Corporation to pay supplemental dividend in February

Gladstone Investment Corporation will also pay a supplemental distribution of $0.12 per share to holders of its common stock in February 2022. The board of directors will continue to evaluate the amount and timing of any additional, semi-annual or incremental, supplemental distributions in future periods.

 Common Stock: $0.075 per share of common stock for each of January, February, and March 2022, and a supplemental distribution of $0.12 per share of common stock in February 2022. 

New Purchase : Gladstone Investment Corporation

Added 40 shares of Gladstone Investment Corporation (NYSE:GAIN) at $16.76 per share. I now hold 170 shares of Gladstone Investment Corporation.

 

New purchase : Pembina Pipeline Corporation

Added 23 shares of Pembina Pipeline Corporation (TSE:PPL) at CAD 39.67 per share. I now hold 90 shares of Pembina Pipeline Corporation

 

Dividend increase #1 of 2022 : Enterprise Products Partners

Enterprise Products Partners (NYSE: EPD) declares $0.465/share quarterly dividend, 3.3% increase from prior dividend of $0.450. Forward yield 7.99%. Payable Feb. 11; for shareholders of record Jan. 31; ex-div Jan. 28. 

Additionally, during the fourth quarter of 2021, Enterprise purchased $125 million of its common units in the open market, bringing the total amount of common unit buybacks during 2021 to $200 million

 Since I own 58 shares of EPD, this change will increase my 12 month forward dividends by $3.48

 

 

Summary of Year 2021

57 companies paying dividends in 2021.

 

 Sales:

• Sold 75 shares of Nokia, reducing position size only due to not paying dividends
• Sold all shares in Chatham Lodging Trust go get some tax deductions
  

Dividends:

• Only one dividend cut or suspensions due to COVID-19 situation
• National Health Investors cut dividend by -18.37%
  
•  Lots of dividend increases during the year
• 47 different dividend increases reported
• 12 month forward dividends raised by these dividend increases
• 7.63€, $279.41, CAD46.47, 11.80SEK
  

Total amount of dividends in 2021 was 5406.55€. This is a 25% increase in dividends when compared to 2020.

 

Summary : Q4 / 2021

 During Q4 / 2021 this portfolio collected following dividends

• Oct:  761.43€       (2020: 359.44€  2019: 422.32€  2018: 349.51€)
• Nov:  522.36€       (2020: 337.37€  2019: 344.71€  2018: 281.71€)
• Dec:  446.03€       (2020: 361.57€  2019: 350.06€  2018: 269.53€)

Total of 1729.82€            (2020: 1058.38€  2019: 1117.09€  2018: 900.77€)

Quarterly target was 1200€ which was clearly passed.

Progress update : December 2021

Quote	2018	2019	2020	2021	1y chg	2y chg	3y chg
Canadian Utilities	-	-	6.99	25.79	268.9%
Enbridge Inc.	-	15.03	25.97	28.82	10.97%	91.74%
Fortis Inc	-	-	-	10.71
Coca-Cola	18.27	19.04	17.83	19.69	10.43%	3.413%	7.772%
Southern Company	15.30	16.25	15.32	16.95	10.63%	4.307%	10.78%
AGNC Investment	14.09	13.11	11.54	21.75	88.47%	65.90%	54.36%
Emerson Electric	6.46	6.77	6.52	6.84	4.907%	1.033%	5.882%
Stora Enso	-	-	31.50	-
Realty Income	7.41	7.75	10.17	11.53	13.37%	48.77%	55.60%
Pembina Pipeline	-	-	-	9.69
EPR Properties	7.80	10.06	-	8.18	%	-18.6%
Main Street	35.47	34.36	14.46	24.57	69.91%	-28.4%	-30.7%
Kontoor Brands	-	10.10	6.56	8.14	24.08%	-19.4%
Prospect Capital	11.51	11.87	10.79	11.66	8.063%	-1.76%	1.303%
VF Corporation	15.56	15.15	14.04	19.92	41.88%	31.48%	28.02%
Telia Company	-	-	34.72	-
Dominion Energy	15.86	29.62	20.09	21.77	8.362%	-26.5%	37.26%
Chatham Lodging_Trust	13.22	13.79	-	-	%
LTC Properties	12.46	12.71	11.61	12.57	8.268%	-1.10%	0.882%
Orchid Island	-	-	14.92	24.08	61.39%
Ares Capital	-	26.15	38.93	57.09	46.64%	118.3%
Triton International	43.52	45.03	44.92	55.14	22.75%	22.45%	26.70%
Gladstone Investment_Corp	-	-	-	18.94
SFL Corporation	52.60	63.27	24.69	32.20	30.41%	-49.1%	-38.7%
Total	269.53	350.06	361.57	446.03	23.35%	27.41%	65.48%

Status update : December 2021

 Dividends received in December

- 25.79 from Canadian Utilities
- 28.82 from Enbridge Inc.
- 10.71 from Fortis Inc
- 19.69 from Coca-Cola 
- 16.95 from Southern Company
- 21.75 from AGNC Investment
- 6.84 from Emerson Electric
- 11.53 from Realty Income
- 9.69 from Pembina Pipeline
- 8.18 from EPR Properties
- 24.57 from Main Street
- 8.14 from Kontoor Brands
- 11.66 from Prospect Capital
- 19.92 from VF Corporation
- 21.77 from Dominion Energy
- 12.57 from LTC Properties
- 24.08 from Orchid Island
- 57.09 from Ares Capital
- 55.14 from Triton International
- 18.94 from Gladstone Investment_Corp
- 32.20 from SFL Corporation

This makes a total of 446.03 in dividends received from 21 companies. Previous year I received 361.57 in December. This is a 23.35% change in dividends