Dividend increase #41 of 2025 : AbbVie Inc.

AbbVie Inc. (NYSE:ABBV) declared $1.73 per share quarterly dividend, this is a 5.5% increase from prior dividend of $1.64. Forward yield is 3.03%. Dividend is payable on February 17th for shareholders of record on January 16th. Ex-dividend date is January 16th.

New purchase : NNN Reit Inc.

Added 18 shares of NNN Reit Inc. (NYSE:NNN) at $40.98 per share. I now hold 74 shares of NNN Reit Inc.

Recent sale : First National Financial Corporation

First National Financial Corporation (TSE:FN) stocks were automatically sold at CAD 48.00 per share as company has been acquired.

First National Financial Corp has completed privatization deal

First National Financial Corp (TSE:FN) has officially completed its $2.9-billion privatization deal, marking a major ownership shift for one of Canada’s largest non-bank mortgage lenders. The transaction, first announced in July, sees private equity firms Birch Hill Equity Partners and Brookfield Asset Management acquire roughly 62% of First National’s equity through a new holding entity, Regal Holdings LP. 

Under the agreement, all outstanding common shares were purchased for $48 per share in cash, representing about a 15% premium over the company’s 30-day average at the time of the announcement. The deal values the company at approximately $2.9 billion.

Since I owned 50 shares of First National Financial Corporation, I will receive CAD 2400 soon

Dividend increase #41 of 2025 : Kontoor Brands Inc.

Kontoor Brands (NYSE:KTB) declared $0.53/share quarterly dividend, 1.9% increase from prior dividend of $0.52. Forward yield 2.47%. Dividend is payable  on December 18th for shareholders of record on December 8th. Ex-dividend date is December 8th

New purchase : Procter & Gamble Co.

Added 5 shares of Procter & Gamble Co. (NYSE:PG) at $153.35 per share. I now hold 21 shares of Procter & Gamble Co. Building up this core position.

Dividend decrease #6 of 2025 : Gladstone Capital Corporation

Gladstone Capital Corporation (NYSE:GLAD) announced new dividend rate for next quarter. GLAD's management remains committed to delivering attractive returns to shareholders. Reflecting this commitment, our monthly distribution increased over time from $0.131 per share as of June 30, 2020 to $0.165 most recently. However, given the decline in short-term floating rates over the past year and expectations for further decreases, current investment yields no longer support the current dividend rate. Accordingly, the GLAD common distribution will be adjusted by 9.1% to $0.15 per share per month effective with the October 31, 2025 payment

Dividend increase #40 of 2025 : Emera Inc.

Emera Incorporated (TSX:EMA:CA) declared CAD 0.7325/share quarterly dividend, 1% increase from prior dividend of CAD 0.7250. Dividend is payable on November 14th for shareholders of on record of October 31st. Ex-dividend dat on October 31.

New purchase : Kesko Oyj

Added 10 shares of Kesko Oyj (HEL:KESKOB) at 18.15€ per share. I now hold 65 shares of Kesko Oyj

Summary Q3 / 2025

 During Q3 / 2025 this portfolio collected following dividends

• Jul:   753.88€       (2024: 718.48€ 2023: 631.29€ 2022: 670.27€ )
• Aug: 733.13€       (2024: 673.31€ 2023: 543.88€ 2022: 536.10€)
• Sep:  779.46€       (2024: 731.61€ 2023: 740.81€ 2022: 604.96€)

Total of  2266.47€           (2024: 2123.40€ 2023: 1915.98€ 2022: 1811.33€ )

Quarterly target was 2250€ which was barely reached. Declining USD/EUR rate and few surprise dividend cuts had an effect.

Summary Q2 / 2025

 During Q2 / 2025 this portfolio collected following dividends

• Apr: 1061.13€   (2024: 1273.55€ 2023: 1039.11€ 2022: 1122.68€)
• May: 1072.07€   (2024: 807.81€ 2023: 633.53€ 2022: 694.35€) 
• Jun:   970.32€   (2024: 871.32€ 2023: 643.47€ 2022: 514.35€)

Total of  3103.52€  (2024: 2952.68€ 2023: 2304.86€ 2022: 2331.38€ 2021: 1417.84€)

Quarterly target was 2250€ which was easily achived with a big gap.

 

Summary Q1 / 2025

 During Q1 / 2025 this portfolio collected following dividends

• Jan:    774.48€     (2024: 667.02€ 2023: 670.22€ 2022: 552.45€ )
• Feb:    670.04€     (2024: 566.80€ 2023: 444.15€ 2022: 467.06€ )
• Mar: 1219.87€    (2024: 744.01€ 2023: 790.81€ 2022: 576.42€ )

Total of  2664.42€       (2024: 1977.83€ 2023: 1905.18€ 2022: 1595.93€ )

Quarterly target was 2250€ which was easily achieved

Status update : September 2025

 Dividends received in September

- 24.14 from Canadian Utilities
- 52.76 from Enbridge Inc.
- 48.40 from Fortis Inc
- 15.60 from Sanoma Oyj
- 18.30 from Southern Company
- 40.42 from Amgen Inc.
- 21.07 from AGNC Investment
- 6.77 from Emerson Electric
- 21.42 from Realty Income
- 39.02 from Pembina Pipeline
- 16.56 from EPR Properties
- 6.39 from First_National Financial
- 19.38 from Whitecap Resources
- 69.58 from Main Street
- 37.51 from Flowers Foods
- 23.59 from Parex Resources
- 13.32 from Kontoor Brands
- 10.23 from Prospect Capital
- 3.79 from VF Corporation
- 22.10 from Dominion Energy
- 12.16 from LTC Properties
- 64.40 from Ares Capital
- 49.71 from T.Rowe_Price_Group 
- 17.50 from Capman Oyj
- 19.12 from Saratoga Investment
- 24.39 from Gladstone Investment_Corp
- 34.53 from SFL Corporation
- 10.79 from Gladstone Commercial_Corp
- 36.52 from Gladstone Capital_Corp

This makes a total of 779.46 in dividends received from 29 companies. Previous year I received 731.61 in September. This is a 6.54%% change in dividends

Progress update : September 2025

Quote	2022	2023	2024	2025	1y chg	2y chg	3y chg
Canadian Natural_Resources	60.10	-	-	-
Canadian Utilities	28.54	25.95	25.68	24.14	-6.00%	-6.97%	-15.4%
Enbridge Inc.	32.95	30.22	30.54	52.76	72.76%	74.59%	60.12%
Fortis Inc	16.98	21.53	44.05	48.40	9.88%	124.8%	185.0%
Sanoma Oyj	-	9.10	15.60	15.60	0.00%	71.43%
Southern Company	19.92	18.95	18.81	18.30	-2.71%	-3.43%	-8.13%
Amgen Inc.	11.61	27.74	40.36	40.42	0.15%	45.71%	248.1%
AGNC Investment	24.17	22.95	22.31	21.07	-5.56%	-8.19%	-12.8%
Emerson Electric	7.58	7.27	7.14	6.77	-5.18%	-6.88%	-10.6%
Realty Income	13.14	16.29	22.07	21.42	-2.95%	31.49%	63.01%
Pembina Pipeline	14.35	42.02	41.09	39.02	-5.04%	-7.14%	171.9%
EPR Properties	10.18	9.51	12.77	16.56	29.68%	74.13%	62.67%
First_National Financial	-	-	-	6.39
Whitecap Resources	-	-	10.85	19.38	78.62%
Main Street	27.52	45.83	56.79	69.58	22.52%	51.82%	152.8%
Flowers Foods	10.10	38.48	38.31	37.51	-2.09%	-2.52%	271.3%
Parex Resources	-	-	-	23.59
Kontoor Brands	9.17	13.48	13.49	13.32	-1.26%	-1.19%	45.26%
Prospect Capital	16.46	15.21	14.52	10.23	-29.5%	-32.7%	-37.8%
VF Corporation	22.71	14.09	4.05	3.79	-6.42%	-73.1%	-83.3%
Dominion Energy	25.86	24.28	23.21	22.10	-4.78%	-8.98%	-14.5%
LTC Properties	14.52	13.46	12.73	12.16	-4.48%	-9.66%	-16.2%
Orchid Island	13.44	12.68	-	-	%
Ares Capital	73.76	71.57	67.91	64.40	-5.17%	-10.0%	-12.6%
T.Rowe_Price_Group	-	-	33.34	49.71	49.10%
Triton International	63.79	63.13	-	-	%
Capman Oyj	17.50	20.00	10.00	17.50	75.00%	-12.5%	0.00%
Saratoga Investment	-	30.14	59.69	19.12	-67.9%	-36.5%
Gladstone Investment_Corp	19.98	57.93	22.16	24.39	10.06%	-57.9%	22.07%
SFL Corporation	47.48	45.93	48.94	34.53	-29.4%	-24.8%	-27.2%
Gladstone Commercial_Corp	3.18	11.95	11.38	10.79	-5.18%	-9.71%	239.3%
Gladstone Capital_Corp	-	31.12	23.82	36.52	53.32%	17.35%
Total	604.99	740.81	731.61	779.46	6.54%	5.22%	28.84%

Recent sale : Flowers Foods Inc.

Sold my whole position in Flowers Foods Inc. (NYSE:FLO) at $12.99 per share. Flowers Foods has been declining all year, should have made this move earlier already. This sale was made to get some tax deductions, I'm planning to re-enter when Flowers Foods situation gets better and BUY signals are raised.