
Hello everyone, hope you are all doing great. Today I am back with another dividend increase to share with you. On September 17th the Board of Directors at Texas Instruments announced that the dividend will be increased by 13%. This raise marks the 17th consecutive year that Texas Instruments has raised their dividend. With this announcement the company will now payout a quarterly dividend of $1.02 per share up from $0.90.
I currently own 23 shares and plan to add more over the coming years. With the raise my quarterly income will increase by $2.76 and $11.04 annually.
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 |
Microsoft | $0.51 | $0.56 | $4.20 |
Texas Instruments | $0.90 | $1.02 | $11.04 |
Total | $192.36 |
Congratulations to all my fellow Texas Instruments shareholders. This week September 21st to 25th I’m hoping for a couple more raises from Fortis and Lockheed Martin so I may have a couple more posts coming your way.
Thanks
Matthew
Hi Matthew,
Fortis already declared a dividend increase as of yesterday.
https://www.thetelegram.com/business/local-business/st-johns-based-fortis-announces-leadership-change-new-five-year-plan-501005/
“Fortis’ board has declared a common share dividend of $0.505 per share on issued and outstanding fully paid common shares. Those shares will be payable Dec. 1 at the close of business on Nov. 18. The common share dividend value represents a 5.8-per-cent increase over the previous quarterly dividend.”
I’m also a happy shareholder.
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Yes they did which was great to see. I wrote this last weekend. Congrats on the raise!
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