Dividend Increase #17 of 2020

Altria

 

Hi everyone, I’m back with another dividend raise to share with you. On Tuesday July 28th Altria Group came through by announcing a 2.4% dividend increase. This news isn’t a real surprise as it marks the 51st consecutive year that Altria has raised it’s dividend.

The dividend is paid quarterly and will rise to $0.86 per share up from $0.84. I currently own 86 shares and with this announcement my quarterly income will rise by $1.72 and annually by $6.88.

 

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
Algonquin Power & Utilities $0.1410 $0.1551 $18.56
Walgreen’s Boots Alliance $0.4575 $0.4675 $0.80
Altria Group $0.84 $0.86 $6.88
Total $177.12

If you own Altria Group congratulations on the raise!

Thanks for reading

Matthew

3 thoughts on “Dividend Increase #17 of 2020

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