Tuesday, April 23, 2024

Dividend increase #16 of 2024 : Southern Company

 Southern Company today announced it is increasing its dividend by 8 cents per share on an annualized basis to a rate of $2.88 per share.  

This marks the 76th consecutive year that Southern Company has paid a dividend on its common stock that is equal to or greater than the previous quarter. Additionally, this is the 23rd consecutive year the company has raised its dividend.

Southern Company also announced a regular quarterly dividend – including an increase of 2 cents per share over the prior quarter – of 72 cents per share, payable June 6, 2024 to shareholders of record as of May 20, 2024.


 

Monday, April 22, 2024

New purchase : EPR Properties

Added 13 shares of EPR Properties (NYSE:EPR) at $40.48 per share. I now hold 50 shares of EPR Properties


 


Wednesday, April 10, 2024

Dividend increase #15 of 2024 : Procter & Gamble Co

Procter & Gamble (NYSE:PG) declared $1.0065/share quarterly dividend, a 7% increase from the prior dividend of $0.9407. Forward yield 2.57%, Payable May 15; for shareholders of record April 19; ex-div April 18.


 

Thursday, April 4, 2024

New purchase : Procter & Gamble Co.

Started new position in portfolio by purchasing 5 shares of Procter & Gamble Co. (NYSE:PG).

The Procter & Gamble Company is focused on providing branded consumer packaged goods to consumers across the world. The Company’s segments include Beauty, Grooming, Health Care, Fabric & Home Care and Baby, Feminine & Family Care. The Company’s products are sold in approximately 180 countries and territories primarily through mass merchandisers, e-commerce, including social commerce channels, grocery stores, membership club stores, drug stores, department stores, distributors, wholesalers, specialty beauty stores, including airport duty-free stores), high-frequency stores, pharmacies, electronics stores and professional channels. It also sells direct to individual consumers. It has operations in approximately 70 countries. It offers products under brands, such as Head & Shoulders, Herbal Essences, Pantene, Rejoice, Olay, Old Spice, Safeguard, Secret, SK-II, Braun, Gillette, Venus, Crest, Oral-B, Ariel, Downy, Gain, Tide, Always, Always Discreet, Tampax and others. 


 

Tuesday, April 2, 2024

Summary Q1 / 2024

 During Q1 / 2024 this portfolio collected following dividends

  • Jan: 667.02€     (2023: 670.22€ 2022: 552.45€ 2021: 342.41€ )
  • Feb: 566.80€     (2023: 444.15€ 2022: 467.06€ 2021: 274.73€ )
  • Mar: 744.01€    (2023: 790.81€ 2022: 576.42€ 2021: 442.21€ )

Total of  1977.83€       (2023: 1905.18€ 2022: 1595.93€ 2021: 1059.35€ )

Quarterly target was 2100€ which was no met. Surprises appeared which affected reaching the target.



Status update : March 2024

Dividends received in March


- 26.16 from Canadian Utilities
- 30.99 from Enbridge Inc.
- 37.18 from Fortis Inc
- 18.63 from Southern Company
- 41.18 from Amgen Inc.
- 22.51 from AGNC Investment
- 7.21 from Emerson Electric
- 21.91 from Realty Income
- 41.10 from Pembina Pipeline
- 9.32 from EPR Properties
- 11.16 from Whitecap Resources
- 48.51 from Main Street
- 37.72 from Flowers Foods
- 13.80 from Kontoor Brands
- 14.83 from Prospect Capital
- 4.12 from VF Corporation
- 23.87 from Dominion Energy
- 13.27 from LTC Properties
- 31.51 from Arbor Realty_Trust
- 70.48 from Ares Capital
- 34.45 from T.Rowe_Price_Group 
- 60.85 from Saratoga Investment
- 22.97 from Gladstone Investment_Corp
- 48.72 from SFL Corporation
- 11.80 from Gladstone Commercial_Corp
- 24.76 from Gladstone Capital_Corp


This makes a total of 744.01 in dividends received from 26 companies. Previous year I received 790.81 in March. This is a -5.92% change in dividends



Progress update : March 2024

Quote 2021 2022 2023 2024 1y chg 2y chg 3y chg
Canadian Utilities 12.02 26.50 26.33 26.16 -0.65% -1.28% 117.6%
Enbridge Inc. 27.42 30.48 30.64 30.99 1.14% 1.67% 13.02%
Fortis Inc 3.61 10.89 21.85 37.18 70.16% 241.4% 929.9%
Southern Company 15.61 17.54 18.47 18.63 0.87% 6.21% 19.35%
Amgen Inc. - - 22.15 41.18 85.91%
Nordea 25.76 - - -
AGNC Investment 11.78 22.56 23.36 22.51 -3.64% -0.22% 91.09%
Emerson Electric 6.34 7.04 7.28 7.21 -0.96% 2.41% 13.72%
Stora Enso 63.00 115.50 126.00 - -100.% -100.%
Realty Income 10.42 11.88 16.29 21.91 34.50% 84.43% 110.2%
Pembina Pipeline - 13.47 39.67 41.10 3.60% 205.1%
EPR Properties - 8.38 9.45 9.32 -1.38% 11.22%
Whitecap Resources - - - 11.16
Main Street 14.78 22.59 35.85 48.51 35.31% 114.7% 228.2%
Flowers Foods - - 24.48 37.72 54.08%
Lazard Ltd 15.51 - - -
Kontoor Brands 6.72 8.32 13.42 13.80 2.83% 65.87% 105.3%
Prospect Capital 11.07 14.70 14.87 14.83 -0.27% 0.88% 33.97%
VF Corporation 14.42 20.46 12.53 4.12 -67.1% -79.8% -71.4%
Dominion Energy 20.61 23.49 24.33 23.87 -1.89% 1.62% 15.82%
LTC Properties 12.14 12.89 13.16 13.27 0.84% 2.95% 9.31%
Arbor Realty_Trust - - - 31.51
Crestwood Equity 31.69 - - -
Orchid Island 23.10 20.95 12.37 - -100.% -100.%
Ares Capital 43.91 63.87 69.49 70.48 1.42% 10.35% 60.51%
T.Rowe_Price_Group - - - 34.45
Triton International 46.43 56.96 62.45 - -100.% -100.%
Capman Oyj - 20.00 22.50 - -100.%
Saratoga Investment - - - 60.85
Gladstone Investment_Corp - 11.38 77.56 22.97 -70.3% 101.8%
SFL Corporation 25.87 36.57 44.55 48.72 9.36% 33.22% 88.33%
Gladstone Commercial_Corp - - 11.61 11.80 1.64%
Gladstone Capital_Corp - - 10.15 24.76 143.9%
Total 442.21 576.42 790.81 744.01 -5.92% 29.07% 68.25%

Gladstone Capital Corporation announces reverse split 1-for-2

Gladstone Capital Corporation (Nasdaq:GLAD) announced today that its board of directors has approved a reverse stock split of its outstanding shares of common stock at a ratio of 1-for-2 that will be effective for purposes of trading as of the opening of business on the Nasdaq Global Select Market on April 5, 2024. 

As a result of the reverse stock split, every two shares of the Company's issued and outstanding common stock will be automatically combined into one issued and outstanding share of common stock, without any change in the par value per share. Shareholder distributions will be unchanged as monthly distributions per share will adjust commensurate with the 1-for-2 ratio of the reverse stock split.The Company's common stock will continue to trade on Nasdaq under the symbol GLAD

Since I own 323 shares of GLAD, this reverse split will change my ownership to 161 shares + small amout of cash refund.