Dividend Increase #21 of 2020

Hi everyone, last Friday the big defence contractor Lockeed Martin came through with an increase to it’s dividend. The dividend is being raised by 8.3% to $2.60 per share up from $2.40.

I currently own 14 shares and with this announcement my quarterly income will rise by $2.80 and $11.20 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
Fortis$0.477$0.505$29.68
Lockheed Martin$2.40$2.60$11.20
Total$233.24

Congrats to my fellow shareholders on the raise.

Thanks for reading!

Matthew

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