Hi everyone I have another raise to share with you. Wednesday February 5th after the markets closed Suncor (ticker: SU) announced it’s quarterly earnings and in that announcement the dividends were going to be raised by 11%. This the 18th consecutive year that Suncor has raised their dividend.
I currently own 49 shares and with this announcement my quarterly income will increase by $2.20 which means my annual income grows by $8.80.
Portfolio Raises in 2020
|Stock||Old Dividend||New Dividend||Forward Income|
|Realty Income Corp||$0.2275||$0.2325||$2.88|
|Canadian National Railway||$0.5375||$0.5750||$2.24|
Congratulations if you own Suncor fellow shareholders. I will be back with a post on the weekend with a post on another raise I received this week.