Telia to cut dividend due to Corona virus affecting business

Telia decreases dividend to 1.80 SEK per share instead of the planned 2.45 SEK per share due to Corona Virus situation affecting advertising in television sports events, i.e. no sport events, no advertising. This is understandable reduction. Telia informed that if situation changes, a additional board meeting can be arranged to discuss extra dividend.

New purchase : National Health Investors

Added 10 shares of National Health Investors (NYSE:NHI) at $46.72 per share. I now hold 24 shares of NHI. This purchase brings down my average cost to $66.72 per share as NHI has come down in value a lot due to Corona Virus situation.

New purchase : Sanoma Oyj

Added 25 shares of Sanoma Oyj at 7.515€ per share. I now hold 50 shares of Sanoma Oyj. This purchase lowers my average price to 9.20€ per share.

Chatham Lodging Trust temporary suspends dividend due to Corona Virus situation

Chatham Lodging Trust (NYSE: CLDT), a lodging real estate investment trust (REIT) that invests in upscale, extended-stay hotels and premium-branded, select-service hotels and owns 134 hotels wholly or through joint ventures, today announced that it has suspended its monthly dividend and will not declare a March dividend which would have been paid in April.

"Facing unprecedented operating conditions in the travel industry and little visibility, we believe it is most prudent to suspend our monthly dividend as a means of preserving shareholder value," commented Jeffrey H. Fisher, Chatham’s president and chief executive officer. "We are hopeful that the effects from COVID-19 will prove to be short-term and people will have the confidence to resume travel sooner rather than later. Our teams at Chatham and Island Hospitality have the experience to persevere through these situations, and we are thankful to have this platform that enables us to move aggressively and quickly. We are working vigorously to maximize revenue, and we are aggressively cutting operating costs and deferring all non-essential capital expenditures to minimize the adverse effects on cash flow."

Realty Income increases dividend

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 $0.233 per share from $0.2325 per share. The dividend is payable on April 15, 2020 to shareholders of record as of April 1, 2020. This is the 106^th dividend increase since Realty Income's listing on the NYSE in 1994. The ex-dividend date for April's dividend is March 31, 2020. The new monthly dividend represents an annualized dividend amount of $2.796 per share as compared to the current annualized dividend amount of $2.79 per share.

Vermilion does another dividend cut

Due to drastic decline in global economics due to Corona virus and oil prices, Vermilion board of directors have approved a reduction in monthly dividend from $0.115 CDN per share to 0.02 CDN per share. The new dividend amount will bne implemented in the April dividend which is payable in May 2020.

New purchase : Nordea Bank

Added 40 shares of Nordea Bank (NDA1V) at 4.606€ per share. I now hold 368 shares of Nordea