Dividend Increase #19 of 2020

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

StockOld DividendNew DividendForward 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$0.420.465$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

2 thoughts on “Dividend Increase #19 of 2020

  1. 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.

    Liked by 1 person

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s