Dividend increase #45 of 2022 : Fortis Inc.

 The Board of Directors of Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE: FTS) declared a common share dividend of $0.565 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, 2022 to the common Shareholders of Record at the close of business on November 17, 2022, marking 49 consecutive years of increased dividends.

This increase is marking 49 Consecutive Years of Increases, excellent streak.

 

Chimera Investment announced dividend cut

The Board of Directors of Chimera announced the declaration of its third quarter cash dividend of $0.23 per share of common stock. The dividend is payable October 31, 2022 to shareholders of record on September 30, 2022. The ex-dividend date is September 29, 2022.

Not good, this is a -30.3% decrease in dividend over the previous quarter

 

 

New purchase : Gladstone Investment Corporation

Added 56 shares of Gladstone Investment Corporation (NSQ:GAIN) at $14.02 per share. I now hold 262 shares of Gladstone Investment Corporation

New purchase : Trinity Capital Inc.

Added 77 shares of Trinity Capital Inc. (NYSE:TRIN). I hold now 107 shares of Trinity Capital Inc. 

This purchase will cover the dividends from sold out STOR Capital Corporation for A month.

Recent sale : STORE Capital Corporation

Sold my position in STORE Capital Corp (NYSE:STOR). STORE Capital Corporation is getting acquired and delisted from Stock Market. Decided to free the cash already now when EUR/USD rate is high and re-invest it to another companies.

Dividend increase #44 of 2022 : STORE Capital Corporation

STORE Capital Corporation (NYSE: STOR, “STORE Capital,” “STORE” or the “Company”), 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 $0.41 per share for the third quarter ending September 30, 2022, which represents an increase of 6.5% over the previous quarterly dividend. The dividend will be paid on October 17, 2022 to STORE Capital stockholders of record as of the close of business on September 30, 2022.

The quarterly dividend was declared in accordance with the Agreement and Plan of Merger, dated as of September 15, 2022 (the "Merger Agreement"), by and among STORE, Ivory Parent, LLC, a Delaware limited liability company (“Parent”) and Ivory REIT, LLC, a Delaware limited liability company and a wholly-owned subsidiary of Parent (“Merger Sub” and, together with Parent, the “Parent Parties”) relating to the previously announced merger of STORE and Merger Sub. The Parent Parties are affiliates of GIC, a global institutional investor, and Oak Street Real Estate Capital, a division of Blue Owl, Inc. 

 

Dividend increase #43 of 2022 : Trinity Capital

Trinity Capital Inc (TRIN) a leading provider of diversified financial solutions to growth stage companies, today announced that on September 15, 2022, its Board of Directors declared a cash dividend of $0.60 per share with respect to the quarter ending September 30, 2022, consisting of a regular quarterly dividend of $0.45 per share and a supplemental cash dividend of $0.15 per share. This dividend represents an increase of 5.3% over the dividend declared in the prior quarter.

 

Dividend increase #42 of 2022 : W.P. Carey Inc.

W. P. Carey Inc. (W. P. Carey, NYSE: WPC) reported today that its Board of Directors increased its quarterly cash dividend to $1.061 per share, equivalent to an annualized dividend rate of $4.24 per share. The dividend is payable on October 14, 2022 to stockholders of record as of September 30, 2022.

 

 

STORE Capital to be acquired by GIC with Oak Street

STORE Capital Corporation (NYSE: STOR, “STORE Capital” or the “Company”), an internally managed net-lease real estate investment trust (REIT) that invests in Single Tenant Operational Real Estate, and GIC, a global institutional investor in partnership with Oak Street, a Division of Blue Owl, one of the largest net lease investors, today announced that they have entered into a definitive agreement under which GIC and funds managed by Oak Street will acquire STORE Capital in an all-cash transaction valued at approximately $14 billion.

Under the terms of the definitive merger agreement, STORE Capital stockholders will receive $32.25 per share in cash, which represents a premium of 20.4% to STORE Capital’s closing stock price as of September 14, 2022 and a premium of 17.8% to the 90-day volume weighted average stock price through that date.

“This all-cash transaction delivers a meaningful premium that provides immediate and certain value for our stockholders in a challenging market environment, while positioning the Company, its customers and its partners for continued success,” said Tawn Kelley, Chairman of the Board of Directors of STORE Capital. “I would like to extend my thanks to the entire Board and management team for their hard work during this process, and for their unwavering commitment to acting in the best interests of our stockholders.” 

I just increased my position in STOR as this was one of the corner stones for my A month. But the premium is good so I'm happy with this and starting to look a replacement for A month. Since I own 89 shares of STOR this acquiry will bring me $2870.25
 

New Purchase : Huhtamäki Oyj

Added 15 shares of Huhtamäki Oyj (HUH1V.HE) at 33.97€ per share. I now hold 55 shares of Huhtamäki Oyj.

 

Dividend increase #41 of 2022 : Realty Income Corp

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 $0.248 per share from $0.2475 per share. The dividend is payable on October 14, 2022, to stockholders of record as of October 3, 2022. This is the 117^th dividend increase since Realty Income's listing on the NYSE in 1994. The ex-dividend date for October's dividend is September 30, 2022. The new monthly dividend represents an annualized dividend amount of $2.976 per share as compared to the prior annualized dividend amount of $2.97 per share.

 

Annaly Capital Management reverse split 1:4

The Board of Annaly Capital Management (NLY) announced a 1:4 reverse stock split along with dividend annoucement. The reverse stock split is expected to take effect following the close of business on September 23, 2022 (the “Effective Time”). Accordingly, at the Effective Time, every four issued and outstanding shares of the Company’s common stock will be converted into one share of the Company’s common stock. The Company’s common stock is expected to begin trading on the New York Stock Exchange on a post-reverse stock split basis beginning on September 26, 2022

The Company is implementing the reverse stock split with the objective of reducing Annaly’s number of shares of common stock outstanding to more closely align with the number of common shares outstanding for companies of a similar market capitalization. As a result of the reverse stock split, the number of outstanding shares of Annaly’s common stock will be reduced from approximately 1.8 billion to approximately 445 million. Furthermore, the Company believes the reverse stock split will make the common stock more attractive to a broader range of investors, which has the potential to reduce share price volatility over time. 

Board also announced a $0.88 dividend which is in line with previous $0.22 dividend before this reverse split. My 296 shares in NLY will turn into 74 share and no impact on dividend income.

 

Dividend increase #40 of 2022 : Verizon

The Board of Directors at Verizon Communications Inc. (NYSE, Nasdaq: VZ) today declared a quarterly dividend of 65.25 cents per outstanding share, an increase of 1.25 cents per share from the previous quarter. The quarterly dividend is payable on November 1, 2022, to Verizon shareholders of record at the close of business on October 7, 2022.

This is the 16th consecutive year Verizon’s Board has approved a quarterly dividend increase.

 

Progress update : August 2022

Quote	2019	2020	2021	2022	1y chg	2y chg	3y chg
AT&T	26.22	33.06	43.77	27.11	-38.0%	-17.9%	3.394%
Verizon Communications	15.45	20.32	25.80	42.45	64.53%	108.9%	174.7%
Sampo	17.55	-	-	-
Nokia	37.50	-	-	7.50	%
AGNC Investment	12.74	9.27	15.99	24.14	50.96%	160.4%	89.48%
National_Health_Investors	9.19	26.93	22.00	25.45	15.68%	-5.49%	176.9%
Enterprise Products	22.83	21.83	22.14	26.91	21.54%	23.27%	17.87%
Emera Inc.	-	-	8.59	32.74	281.1%
Alliance Resource	23.25	-	4.07	18.76	360.9%	%
Omega Healthcare	53.35	57.69	58.10	66.51	14.47%	15.28%	24.66%
AbbVie Inc.	15.04	28.88	40.68	57.64	41.69%	99.58%	283.2%
Realty Income	7.76	7.49	10.59	12.93	22.09%	72.63%	66.62%
Pembina Pipeline	-	-	7.93	14.37	81.21%
EPR Properties	9.88	-	7.82	9.90	26.59%	%
Main Street	15.89	14.88	14.95	18.23	21.93%	22.51%	14.72%
Lazard Ltd	12.45	15.88	18.45	22.74	23.25%	43.19%	82.65%
Prospect Capital	11.92	11.15	11.30	16.06	42.12%	44.03%	34.73%
Royal_Bank_of_Canada	11.03	17.98	18.92	25.71	35.88%	42.99%	133.0%
LTC Properties	12.97	11.91	12.08	14.21	17.63%	19.31%	9.560%
Crestwood Equity	30.95	31.79	33.23	38.39	15.52%	20.76%	24.03%
Orchid Island	-	-	23.14	18.99	-17.9%
Gladstone Investment_Corp	-	-	1.77	15.36	767.7%
Total	376.68	309.86	401.32	536.10	33.58%	73.01%	42.32%

 

Status update : August 2022

 Dividends received in August

- 27.11 from AT&T 
- 42.45 from Verizon Communications
- 7.50 from Nokia 
- 24.14 from AGNC Investment
- 25.45 from National_Health_Investors 
- 26.91 from Enterprise Products
- 32.74 from Emera Inc.
- 18.76 from Alliance Resource
- 66.51 from Omega Healthcare
- 57.64 from AbbVie Inc.
- 12.93 from Realty Income
- 14.37 from Pembina Pipeline
- 9.90 from EPR Properties
- 18.23 from Main Street
- 22.74 from Lazard Ltd
- 16.06 from Prospect Capital
- 25.71 from Royal_Bank_of_Canada 
- 14.21 from LTC Properties
- 38.39 from Crestwood Equity
- 18.99 from Orchid Island
- 15.36 from Gladstone Investment_Corp

This makes a total of 536.10 in dividends received from 21 companies. Previous year I received 401.32 in August. This is a 33.58% change in dividends

Canadian Natural Resources announced a special dividend

I had missend this announcement from Aug 5th

Canadian Natural Resources (CNQ) is paying a special dividend to shareholders after posting strong second-quarter earnings.

The Calgary-based oil and gas company said it will pay a special dividend of $1.50 a share on August 31. The reward to shareholders comes after Canadian Natural’s cash flow more than doubled in Q2.