Hi everyone today I thought I would share another dividend increase with you. Last Thursday November 8th after the markets closed Inter Pipeline announced their quarterly results. In their results they also announced a dividend increase. Inter Pipeline pays a monthly dividend, and the new dividend is $0.1425 per share up from $0.14.
I currently own 239 shares so with this announcement my monthly income will increase by $0.60 and annually by $7.20.
This is my 3rd dividend increase that I have received from Inter Pipeline and hopefully there will be many more coming in the future.
If you own the stock congratulations on the raise 🙂
Thanks for reading