Dividend Increases 24 & 25 of 2018

Hello everyone hope all of you are doing great. Today I am going to share with you a couple of dividend increases I received last week.. Last week two of my banks delivered dividend increases as was expected.

The first bank was:

641cf-bmo_logo_eo_site

On Tuesday December 4th Bank of Montreal raised their quarterly dividend by 4 cents per share to $1 or $4 annually. BMO usually raises their dividend twice a year (May and December).  This is the 9th increase I have received from the bank since I started buying the stock.

Income

I currently own 71 shares so my income will increase $2.84 quarterly and $11.36 annually.

 

The second stock to raise their dividend was:

Laurentian Bank

 

On Wednesday December 5th Laurentian Bank announced a 1 cent increase to their dividend raising it to $0.65 per share. This is the first increase I have received from the bank as I recently purchased the stock.

Income

I currently own 95 shares and with the raise my income will increase $0.95 per quarterly and $3.80 annually.

 

Congrats on the raise if you own these stocks as well.

Thanks for reading.

Matthew

Advertisements

2 thoughts on “Dividend Increases 24 & 25 of 2018

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