Progress update : June 2025

 Tbd

Status update : June 2025

 Tbd

Stora Enso initiates a strategic review of its Swedish forest assets

As part of its stronger focus on renewable packaging, Stora Enso is initiating a strategic review of its Swedish forest assets. The review includes assessing a potential separation and public listing of the forest assets through a partial demerger. The initiative aims to further increase business focus, streamline operations, and fully unlock the value of both the forest assets and Stora Enso's core packaging business. 

 As part of this review, Stora Enso will explore various options, including a potential separation and listing of the forest business through a partial demerger into a new company that would be wholly owned by all Stora Enso shareholders. This move aims to establish two robust and independent entities, each with heightened focus and strategic agility. Stora Enso would continue to lead in renewable packaging, with strong market positions and more flexible, integrated, and cost-competitive production. Meanwhile, the Swedish forest business would emerge as Europe's largest listed pure forest company, owning a unique class of assets with anticipated long-term value appreciation and potential for significant new revenue streams.

Following the recent agreement to divest approximately 175,000 hectares of Swedish forestland for an enterprise value of EUR 900 million, in line with book value, Stora Enso retains ownership of over 1.2 million hectares (1.0 million hectares of productive forestland) in Sweden, with a fair value of approximately EUR 5.8 billion as of 31 March 2025. While these assets are integral to Stora Enso's wood supply chain, they possess a distinct operational, financial, and strategic profile.

Stora Enso plans to provide an update on the strategic review by the end of 2025. All changes are subject to co-determination negotiations and other potential legal procedures in all impacted countries.

Dividend increase #33 of 2025 : 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 $0.900 per share, equivalent to an annualized dividend rate of $3.60 per share. The dividend is payable on July 15, 2025 to stockholders of record as of June 30, 2025.

Dividend increase #32 of 2025 : Realty Income Corp.

Realty Income Corporation (Realty Income, NYSE: O), The Monthly Dividend Company®, today announced it has declared an increase in the company's common stock monthly cash dividend to $0.2690 per share from $0.2685 per share. The dividend is payable on July 15, 2025, to stockholders of record as of July 1, 2025.

The new monthly dividend represents an annualized dividend amount of $3.228 per share as compared to the prior annualized dividend amount of $3.222 per share.

New purchase : Parex Resources Inc.

Started new position in portfolio by purchasing 100 shares of Parex Resources Inc. (TSE:PXT). Parex Resources is a Canadian oil and gas company with a focus on exploration and production in Colombia. It operates in the Llanos and Magdalena basins and is a leading independent land holder in the country. The company aims to responsibly develop conventional oil and gas resources to fuel social and economic growth. 

Parex Resource Inc. pays dividend with 3-6-9-12 schedule and my starting yield on cost is around 10.55%

Status update : May 2025

 Dividends received in May

- 18.20 from National_Bank_of_Canada 
- 24.40 from AT&T 
- 17.14 from Lowes Companies
- 49.51 from Verizon Communications
- 69.70 from Sampo 
- 13.13 from Nokia 
- 30.25 from Huhtamaki Oyj
- 11.43 from Aspo Oyj
- 21.92 from AGNC Investment
- 26.94 from National_Health_Investors 
- 52.26 from Emera Inc.
- 15.04 from Procter_&_Gamble 
- 86.00 from Bayerische Motoren_Werke
- 14.45 from NNN Reit_Inc
- 60.80 from Omega Healthcare
- 61.28 from AbbVie Inc.
- 22.32 from Realty Income
- 17.32 from EPR Properties
- 6.66 from First_National Financial
- 20.21 from Whitecap Resources
- 29.02 from Main Street
- 10.81 from Prospect Capital
- 159.06 from Mandatum Oyj
- 48.51 from Royal_Bank_of_Canada 
- 40.66 from Bank_of_Montreal 
- 12.57 from LTC Properties
- 37.20 from Arbor Realty_Trust
- 19.91 from Saratoga Investment
- 25.25 from Gladstone Investment_Corp
- 11.16 from Gladstone Commercial_Corp
- 23.36 from Gladstone Capital_Corp

This makes a total of 1072.07 in dividends received from 31 companies. Previous year I received 807.81 in May. This is a 32.71% change in dividends

Progress update : May 2025

Quote	2022	2023	2024	2025	1y chg	2y chg	3y chg
Medifast Inc.	-	11.97	-	-
National_Bank_of_Canada	-	-	18.06	18.20	0.78%
AT&T	26.39	25.23	25.96	24.40	-6.01%	-3.29%	-7.54%
Lowes Companies	-	7.63	12.24	17.14	40.03%	124.6%
Verizon Communications	41.14	49.15	51.32	49.51	-3.53%	0.73%	20.35%
Sampo	168.10	106.60	73.80	69.70	-5.56%	-34.6%	-58.5%
Nokia	7.50	11.25	15.00	13.13	-12.4%	16.71%	75.07%
Huhtamaki Oyj	18.80	27.50	29.15	30.25	3.77%	10.00%	60.90%
Aspo Oyj	-	-	-	11.43
AGNC Investment	23.31	22.41	22.86	21.92	-4.11%	-2.19%	-5.96%
National_Health_Investors	24.81	23.57	24.24	26.94	11.14%	14.30%	8.59%
Enterprise Products	25.91	-	-	-
Emera Inc.	24.97	37.89	48.92	52.26	6.83%	37.93%	109.2%
Alliance Resource	16.12	-	-	-
Procter_&_Gamble	-	-	4.63	15.04	224.8%
Bayerische Motoren_Werke	-	-	60.00	86.00	43.33%
NNN Reit_Inc	-	-	-	14.45
Omega Healthcare	65.54	62.73	62.91	60.80	-3.35%	-3.08%	-7.23%
AbbVie Inc.	56.73	57.06	59.93	61.28	2.25%	7.40%	8.02%
Realty Income	12.56	15.94	22.07	22.32	1.13%	40.03%	77.71%
Pembina Pipeline	13.97	-	-	-
EPR Properties	9.74	9.34	13.11	17.32	32.11%	85.44%	77.82%
First_National Financial	-	-	-	6.66
Whitecap Resources	-	-	11.08	20.21	82.40%
Main Street	17.75	19.91	21.27	29.02	36.44%	45.76%	63.49%
Lazard Ltd	20.26	-	-	-
Prospect Capital	15.32	15.03	14.91	10.81	-27.5%	-28.0%	-29.4%
Mandatum Oyj	-	-	-	159.06
Royal_Bank_of_Canada	22.58	32.33	47.62	48.51	1.87%	50.05%	114.8%
Bank_of_Montreal	-	19.61	40.76	40.66	-0.25%	107.3%
LTC Properties	13.29	13.25	13.13	12.57	-4.27%	-5.13%	-5.42%
Arbor Realty_Trust	-	-	55.88	37.20	-33.4%
Crestwood Equity	37.72	-	-	-
Orchid Island	17.52	12.48	-	-	%
Saratoga Investment	-	-	-	19.91
Gladstone Investment_Corp	14.32	23.05	22.78	25.25	10.84%	9.54%	76.33%
Gladstone Commercial_Corp	-	11.84	11.70	11.16	-4.62%	-5.74%
Gladstone Capital_Corp	-	17.76	24.48	23.36	-4.58%	31.53%
Total	694.35	633.53	807.81	1072.07	32.71%	69.22%	54.40%

Dividend increase #31 of 2025 : Lowes Companies Inc.

The board of directors of Lowe's Companies, Inc. (NYSE: LOW) has declared a quarterly cash dividend of one dollar and 20 cents ($1.20) per share, payable Aug. 6, 2025, to shareholders of record as of July 23, 2025.  This represents a 4% increase over the company's previous dividend of one dollar and 15 cents ($1.15) per share

Dividend increase #30 of 2025 : Royal Bank of Canada

Royal Bank of Canada (TSE: RY) announced today that its board of directors has declared an increase to its quarterly common share dividend of six cents, or four per cent, to $1.54 per share, payable on or after August 22, 2025, to common shareholders of record at the close of business on July 24, 2025.

Dividend increase #29 of 2025 : National Bank of Canada

National Bank of Canada’s (TSX: NA) Board of Directors announces an increase of 4 cents per common share to $1.18 per common share for the quarter ending July 31, 2025. This dividend is payable on August 1, 2025, to common shareholders of record on June 30, 2025.

Dividend increase #28 of 2025 : Bank of Montreal

Bank of Montreal(TSE:BMO) today announced that its Board of Directors declared a quarterly dividend of $1.63 per share on paid-up common shares of Bank of Montreal for the third quarter of fiscal year 2025, a 4 cent, or 3 per cent, increase from the prior quarter, up 5 per cent from the prior year.

The dividend on the common shares is payable on August 26, 2025, to shareholders of record on July 30, 2025.  The dividends on preferred shares are payable on August 25, 2025, to shareholders of record on July 30, 2025. 

Dividend increase #27 of 2025 : Bank of Nova Scotia

Bank of Nova Scotia (TSE:BNS) announced today an increase to the quarterly dividend by 4 cents to $1.10 on the outstanding shares of the Bank. This dividend is payable on July 29, 2025 to shareholders of record at the close of business on July 2

Bank of Nova Scotia did not increase dividend last year and their streak was cut, but good to see that now they are back to dividend growth

Dividend increase #26 of 2025 : Flowers Foods Inc.

Flowers Foods, Inc. (NYSE:FLO) announced a quarterly dividend of $0.2475 per share, which is a 3.1% increase from the previous dividend. 

The latest dividend marks the 91st straight quarterly payout by the company, and it also represents the 23rd consecutive year of annual dividend increases, which highlights a solid and consistent dividend track record.

New purchase : Enbridge Inc

Added 40 shares of Enbridge Inc. (TSE:ENB) at CAD $62.28 per share. I now hold 90 shares of Enbridge Inc.

Dividend increase #25 of 2025 : Telus Corporation

Telus Corporation (TSE:T) declares CAD 0.4163/share quarterly dividend. 

This is a  3.5% increase from prior dividend of CAD 0.4023

Dividend is payable on July 2 for shareholders of record June 10. ex-dividend date is  June 10.

Dividend increase #24 of 2025 : Pembina Pipeline Corporation

The board of directors of Pembina Pipeline Corporation (TSE:PPL) declared a common share cash dividend for the second quarter of 2025 of CAD 0.71 per share, representing an increase of approximately three percent to be paid, subject to applicable law, on June 30, 2025, to shareholders of record on June 16, 2025.

Main Street Capital Corp. to pay supplemental dividend in June

Board of Directors of Main Street Capital Corporation (NYSE:MAIN) declared a supplemental cash dividend of $0.30 per share payable in June 2025. This supplemental cash dividend, which will be payable as set forth in the table below, will be paid out of Main Street's undistributed taxable income (taxable income in excess of dividends paid) as of March 31, 2025.

Supplemental Cash Dividend Payable in June 2025

Declared	Ex-Dividend Date	Record Date	Payment Date	Amount Per Share
5/5/2025	6/20/2025	6/20/2025	6/27/2025	$0.30

Dividend increase #23 of 2025 : Main Street Capital Corporation

Main Street Capital Corporation (NYSE: MAIN)  is pleased to announce that its Board of Directors declared regular monthly cash dividends of $0.255 per share for each of July, August and September 2025. These monthly dividends, which will be payable pursuant to the table below, total $0.765 per share for the third quarter of 2025 and represent a 2.0% increase from the regular monthly dividends declared for the second quarter of 2025 and a 4.1% increase from the regular monthly dividends paid in the third quarter of 2024. Since its October 2007 initial public offering, Main Street has periodically increased the amount of its regular monthly dividends paid per share and has never reduced its regular monthly dividend amount per share.

Summary of Third Quarter 2025 Regular Monthly Dividends

Declared	Ex-Dividend Date	Record Date	Payment Date	Amount Per Share
5/5/2025	7/8/2025	7/8/2025	7/15/2025	$0.255
5/5/2025	8/8/2025	8/8/2025	8/15/2025	$0.255
5/5/2025	9/8/2025	9/8/2025	9/15/2025	$0.255
		Total for Third Quarter 2025:		$0.765