Like clock work the board of directors of BCE (ticker: BCE) on Thursday February 6th announced a 5% raise to their quarterly dividends. This is the 11th consecutive year that BCE has raised it’s dividend.
I currently own 142 shares and my quarterly income is going to increase by $5.67 and annually by $22.68.
Portfolio Raises in 2020
| Stock | Old Dividend | New Dividend | Forward Income |
| Canadian Utilities | $0.4227 | $0.4354 | $7.92 |
| Realty Income Corp | $0.2275 | $0.2325 | $2.88 |
| Canadian National Railway | $0.5375 | $0.5750 | $2.24 |
| 3M Company | $1.44 | $1.47 | $1.20 |
| Suncor | $0.42 | 0.465 | $8.80 |
| BCE | $0.7925 | $0.8325 | $22.68 |
| Total | $45.72 |
If your a shareholder of BCE congrats on the raise.
I’ll be back on Monday with my net worth post.
Thanks
Matthew
Hi Matthew, I think Enbridge had an increase for 2020 as well. Effective March but it was announced in December 2019…Thanks for the increase updates. We have similar stocks so your info is much appreciated. Carol
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Hi Carol you are absolutely correct about Enbridge they announced a big increase in December that will take effect in March. Thanks for reading the post!
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It’s good to be a shareholder of our Telecos here, when they raise their prices on services doesn’t feel as bad when you also get a raise on their Dividends
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It definitely is good to be a shareholder of the telcos. That is true when they raise the price of the services you know you will get some of it returned as a dividend 🙂
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Thanks BCE! Gotta love the raises!
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Yes a big thanks to BCE. I love seeing that raise every year.
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Those dividend raises keep you busy! Keep it up !!
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Yes they are keeping me busy lol. Thanks I hope to get another one this week with TC Energy.
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