Third and Fourth Dividend Increases of the Year.

Hello everyone and thank you for stopping by. Today I am going to share with you a couple of raises I recently received. If you own the stocks then congrats on the raise.

The first increase I received was on February 8th and it was from BCE.

bellcanada_logo

About BCE

BCE Inc. is a communications company. The Company’s segments include Bell Wireless, Bell Wireline and Bell Media. Its Bell Wireless segment provides wireless voice and data communications products and services to its residential, small and medium-sized business and large enterprise customers across Canada. Its Bell Wireline segment provides data, including Internet access and Internet protocol television (IPTV), local telephone, long distance, as well as other communications services and products to its residential, small and medium-sized business and large enterprise customers, primarily in Ontario, Quebec and the Atlantic provinces, while Satellite television (TV) service and connectivity to business customers are available nationally across Canada. Its Bell Media segment provides conventional, specialty and pay Television, digital media, and radio broadcasting services and out of home (OOH) advertising services to customers across Canada.

Source: (RBC Direct Investing)

Income

On February 8th BCE announced a 5.2% raise to it’s dividend.

At the time of this announcement I owned 110 shares of BCE. This is the 4th raise I have received since I first purchased the stock in 2014. My income will increase annually by $16.52.

The second raise I received was on February 15th by TransCanada.

transcanada-logo

About TransCanada

TransCanada Corporation is an energy infrastructure company. The Company is engaged in the development and operation of North American energy infrastructure, including natural gas and liquids pipelines, power generation and natural gas storage facilities. Its segments include Canadian Natural Gas Pipelines, U.S. Natural Gas Pipelines, Mexico Natural Gas Pipelines, Liquids Pipelines and Energy. The Company operates in three businesses: Natural Gas Pipelines, Liquids Pipelines and Energy. The Natural Gas Pipelines and Liquids Pipelines segments principally consist of its respective natural gas and liquids pipelines in Canada, the United States and Mexico, as well as its regulated natural gas storage operations in the United States. The Energy segment includes its power operations and the non-regulated natural gas storage business in Canada. TransCanada PipeLines Limited (TCPL) is its principal operating subsidiary.

Source: (RBC Direct Investing)

Income

On Feb 15th TransCanada announced a 10.4% raise to it’s common dividend. This is also my 4 raise from the company. I currently own 102 shares and with this announcement my income will increase annually by $26.52.

Well folks with these two announcements my income increases by $43.04 in my opinion that is pretty darn good. I hope you own these stocks as well and congrats on the raises.

Thanks for reading

Matthew

 

Advertisements

2 thoughts on “Third and Fourth Dividend Increases of the Year.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s