Status update : March 2025

Dividends received in March

- 25.82 from Canadian Utilities
- 30.95 from Enbridge Inc.
- 51.27 from Fortis Inc
- 19.34 from Southern Company
- 43.76 from Amgen Inc.
- 418.30 from Nordea 
- 22.60 from AGNC Investment
- 7.25 from Emerson Electric
- 22.89 from Realty Income
- 39.86 from Pembina Pipeline
- 13.02 from EPR Properties
- 6.67 from First_National Financial
- 10.52 from Whitecap Resources
- 65.64 from Main Street
- 39.48 from Flowers Foods
- 14.41 from Kontoor Brands
- 11.22 from Prospect Capital
- 4.16 from VF Corporation
- 23.86 from Dominion Energy
- 13.21 from LTC Properties
- 55.80 from Arbor Realty_Trust
- 69.66 from Ares Capital
- 35.23 from T.Rowe_Price_Group 
- 61.74 from Saratoga Investment
- 26.43 from Gladstone Investment_Corp
- 50.65 from SFL Corporation
- 11.68 from Gladstone Commercial_Corp
- 24.45 from Gladstone Capital_Corp

This makes a total of 1219.87 in dividends received from 28 companies. Previous year I received 744.01 in March. This is a 63.96% change in dividends which is mainly due to Nordea paying dividends in March this year.

Progress update : March 2025

Quote	2022	2023	2024	2025	1y chg	2y chg	3y chg
Canadian Utilities	26.50	26.33	26.16	25.82	-1.30%	-1.94%	-2.57%
Enbridge Inc.	30.48	30.64	30.99	30.95	-0.13%	1.01%	1.54%
Fortis Inc	10.89	21.85	37.18	51.27	37.90%	134.6%	370.8%
Southern Company	17.54	18.47	18.63	19.34	3.81%	4.71%	10.26%
Amgen Inc.	-	22.15	41.18	43.76	6.27%	97.56%
Nordea	-	-	-	418.30
AGNC Investment	22.56	23.36	22.51	22.60	0.40%	-3.25%	0.18%
Emerson Electric	7.04	7.28	7.21	7.25	0.55%	-0.41%	2.98%
Stora Enso	115.50	126.00	-	-	%
Realty Income	11.88	16.29	21.91	22.89	4.47%	40.52%	92.68%
Pembina Pipeline	13.47	39.67	41.10	39.86	-3.02%	0.48%	195.9%
EPR Properties	8.38	9.45	9.32	13.02	39.70%	37.78%	55.37%
First_National Financial	-	-	-	6.67
Whitecap Resources	-	-	11.16	10.52	-5.73%
Main Street	22.59	35.85	48.51	65.64	35.31%	83.10%	190.5%
Flowers Foods	-	24.48	37.72	39.48	4.67%	61.27%
Kontoor Brands	8.32	13.42	13.80	14.41	4.42%	7.38%	73.20%
Prospect Capital	14.70	14.87	14.83	11.22	-24.3%	-24.5%	-23.6%
VF Corporation	20.46	12.53	4.12	4.16	0.97%	-66.8%	-79.6%
Dominion Energy	23.49	24.33	23.87	23.86	-0.04%	-1.93%	1.58%
LTC Properties	12.89	13.16	13.27	13.21	-0.45%	0.38%	2.48%
Arbor Realty_Trust	-	-	31.51	55.80	77.09%
Orchid Island	20.95	12.37	-	-	%
Ares Capital	63.87	69.49	70.48	69.66	-1.16%	0.24%	9.07%
T.Rowe_Price_Group	-	-	34.45	35.23	2.26%
Triton International	56.96	62.45	-	-	%
Capman Oyj	20.00	22.50	15.00	-	-100.%	-100.%
Saratoga Investment	-	-	60.85	61.74	1.46%
Gladstone Investment_Corp	11.38	77.56	22.97	26.43	15.06%	-65.9%	132.2%
SFL Corporation	36.57	44.55	48.72	50.65	3.96%	13.69%	38.50%
Gladstone Commercial_Corp	-	11.61	11.80	11.68	-1.02%	0.60%
Gladstone Capital_Corp	-	10.15	24.76	24.45	-1.25%	140.8%
Total	576.42	790.81	744.01	1219.87	63.96%	54.26%	111.6%

Dividend decrease #3 of 2025 : Bayerische Motoren Werke Ag

The board of Bayerische Motoren Werke (ETR:BMW) proposes dividend of 4.30€ per share from year 2024. This is a decrease from 6.00€ dividend from previous year but very understandable as the annual results of the company was a big decrease in profit

Dividend increase #20 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 $0.890 per share, equivalent to an annualized dividend rate of $3.56 per share. The dividend is payable on April 15, 2025 to stockholders of record as of March 31, 2025.

New purchase : Altria Group

Added 10 shares of Altria Group (NYSE:MO) at $58.37 per share. I now hold 83 shares of Altria Group

Dividend increase #19 of 2025 : Annaly Capital Management

The Board of Directors of Annaly Capital Management, Inc. (NYSE: NLY) (“Annaly” or the “Company”) increased the first quarter 2025 common stock cash dividend to $0.70 per common share. This dividend is payable April 30, 2025, to common shareholders of record on March 31, 2025. The ex-dividend date is March 31, 2025

Dividend increase #18 of 2025 : Realty Income Corporation

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 $0.2685 per share from $0.2680 per share.

 The dividend is payable on April 15, 2025, to stockholders of record as of April 1, 2025. This is the 130th dividend increase since Realty Income's listing on the NYSE in 1994. The new monthly dividend represents an annualized dividend amount of $3.222 per share as compared to the prior annualized dividend amount of $3.216 per share.

Dividend increase #17 of 2025 : Saratoga Investment Corp.

Saratoga Investment Corp. (NYSE:SAR) (“Saratoga Investment” or “the Company”), a business development company, today announced that its Board of Directors has declared a base quarterly dividend of $0.74 per share for the fiscal fourth quarter ending February 28, 2025. The dividend is payable on March 25, 2025, to all stockholders of record at the close of business on March 6, 2025.

In addition, its Board of Directors also transitioned Saratoga Investment’s dividend payment schedule from quarterly to monthly beginning with the month ended March 31, 2025. As part of that transition, it increased its quarterly dividend by $0.01 per share to $0.75 per share in aggregate for the first quarter of fiscal 2026, declaring three monthly $0.25 per share dividends for the quarter ended May 31, 2025

Dividend increase #16 of 2025 : Canadian Natural Resources

Canadian Natural Resources Limited (TSX: CNQ) (NYSE: CNQ) announces that its Board of Directors approved a 4% increase to its quarterly cash dividend on its common shares to C$0.5875 (fifty-eight and three quarter cents) per common share, up from the previous quarterly cash dividend of $0.5625 (fifty-six and one quarter cents) per common share. The dividend will be payable on April 4, 2025 to shareholders of record at the close of business on March 21, 2025.

The Company has a leading track record of dividend increases, with 2025 being the 25th consecutive year of dividend increases with a compound annual growth rate ("CAGR") of 21% over that time. This demonstrates the confidence that the Board of Directors has in the sustainability of our business model, our strong balance sheet and the strength of our diverse, long life low decline reserves and asset base.

Status update : February 2025

 Dividends received in February

- 19.14 from National_Bank_of_Canada 
- 18.74 from Lowes Companies
- 54.83 from Verizon Communications
- 11.25 from Nokia 
- 23.92 from AGNC Investment
- 55.04 from Emera Inc.
- 15.34 from Procter_&_Gamble 
- 15.45 from NNN Reit_Inc
- 65.10 from Omega Healthcare
- 65.56 from AbbVie Inc.
- 23.43 from Realty Income
- 13.57 from EPR Properties
- 7.01 from First_National Financial
- 11.08 from Whitecap Resources
- 31.00 from Main Street
- 11.63 from Prospect Capital
- 30.04 from Telia Company
- 50.51 from Royal_Bank_of_Canada 
- 42.29 from Bank_of_Montreal 
- 13.33 from LTC Properties
- 27.54 from Gladstone Investment_Corp
- 12.17 from Gladstone Commercial_Corp
- 25.47 from Gladstone Capital_Corp

This makes a total of 670.07 in dividends received from 23 companies. Previous year I received 566.80 in February. This is a 18.22% change in dividends

Progress update : February 2025

Quote	2022	2023	2024	2025	1y chg	2y chg	3y chg
National_Bank_of_Canada	-	-	-	19.14
AT&T	45.85	25.21	25.66	26.63	3.78%	5.63%	-41.9%
Lowes Companies	-	4.87	12.22	18.74	53.36%	284.8%
Verizon Communications	30.09	49.67	50.98	54.83	7.55%	10.39%	82.22%
Nokia	-	7.50	11.25	11.25	0.00%	50.00%
AGNC Investment	21.58	22.95	22.87	23.92	4.59%	4.23%	10.84%
Enterprise Products	23.82	-	-	-
Emera Inc.	17.39	31.16	49.69	55.04	10.77%	76.64%	216.5%
Alliance Resource	10.59	-	-	-
Procter_&_Gamble	-	-	-	15.34
NNN Reit_Inc	-	-	-	15.45
Omega Healthcare	60.00	63.64	63.46	65.10	2.58%	2.29%	8.50%
AbbVie Inc.	51.99	57.88	60.45	65.56	8.45%	13.27%	26.10%
Realty Income	11.48	15.77	22.14	23.43	5.83%	48.57%	104.0%
Pembina Pipeline	13.05	-	-	-
EPR Properties	8.12	9.47	9.44	13.57	43.75%	43.29%	67.12%
First_National Financial	-	-	-	7.01
Whitecap Resources	-	-	11.29	11.08	-1.86%
Main Street	16.24	20.16	21.38	31.00	45.00%	53.77%	90.89%
Panostaja Oyj	16.00	6.00	-	-	%
Lazard Ltd	19.28	-	-	-
Prospect Capital	14.24	15.23	14.99	11.63	-22.4%	-23.6%	-18.3%
Telia Company	-	-	29.74	30.04	1.01%
Royal_Bank_of_Canada	21.84	32.00	48.00	50.51	5.23%	57.84%	131.2%
Bank_of_Montreal	-	19.76	41.16	42.29	2.75%	114.0%
LTC Properties	12.71	13.39	13.15	13.33	1.37%	-0.45%	4.88%
Crestwood Equity	33.08	-	-	-
Orchid Island	20.42	12.65	-	-	%
Gladstone Investment_Corp	29.29	19.74	22.74	27.54	21.11%	39.51%	-5.97%
Gladstone Commercial_Corp	-	11.96	11.68	12.17	4.20%	1.76%
Gladstone Capital_Corp	-	5.15	24.51	25.47	3.92%	394.5%
Total	467.06	444.16	566.80	670.07	18.22%	50.86%	43.47%