Hi everyone I have some good news to share with you, it’s a nice change from all of the dividend cuts that I’ve had to share recently. On April 14th the Board of Director’s at Johnson & Johnson announced a dividend increase of 6.3%. This marks the 58th consecutive year that JNJ has raised their dividend.
JNJ is going to be increasing their dividend to $1.01 per share up from $0.95 per share, this is a pretty nice boost for the environment we are all in these days. I currently own 24 shares of the company so my quarterly income will get a boost of $1.44 and annual income goes up by $5.76.
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 |
| Diversified Royalty Corp | $0.23 | $0.2350 | $0.98 |
| TC Energy | $0.75 | $0.81 | $35.52 |
| Royal Bank of Canada | $1.05 | $1.08 | $11.52 |
| Home Depot | $1.36 | $1.50 | $6.72 |
| Transcontinental | $0.2200 | $0.2250 | $2.44 |
| Aecon Group | $0.145 | $0.16 | $2.40 |
| Power Corp | $0.405 | $0.4475 | $40.12 |
| Johnson & Johnson | $0.9500 | $1.01 | $5.76 |
| Total | $150.88 |
Congratulation on the raise to all my fellow shareholders.
Thanks
Matthew
All About The Dividends 
YAY!! Some good news!!
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It feels great to finally get some good news!
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It really is great to see some good news in this time we live in now. Almost seems like everywhere we turn is negative news.
Except for these shareholders haha. Cheers
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