
Hi folks, I have some news to share with you. On February 17th Go Easy Ltd (ticker: GSY) announced a whopper of a dividend increase when they reported their earnings. I was expecting a raise during the earnings release but didn’t know what to expect. I know others were expecting a big one but I didn’t want to guess. Well Go Easy delivered a massive 47% increase to their dividend, beyond my expectations for sure.
With this announcement Go Easy’s annual dividend will be $2.64 per share up from $1.80. The company pays quarterly and so those payments will be $0.66 per share up from $0.45. I currently own 31 shares and I really really wish I owned more lol. With the boost to the dividend my income will increase by $6.51 quarterly and $26.04 annually. The new dividend will take effect with the April 9th payment to shareholders of record on March 26th.
Portfolio Raises of 2021
Stock | Old Dividend | New Dividend | Forward Income |
Canadian National Railway | $0.575 | $0.615 | $4.16 |
3M Company | $1.47 | $1.48 | $0.80 |
Brookfield Renewable Partners Corp. | $0.2893 | $0.30375 | $2.96 |
BCE | $0.8325 | $0.875 | $13.08 |
Go Easy | $0.45 | $0.66 | $26.04 |
Total | $46.24 |
Congratulations to all my fellow shareholders.
Thanks
Matthew
Go Easy has been performing amazingly well lately. Congrats man. 🙂 I don’t own any yet but looking for a good entry point as it seems to be a great dividend grower. Do you ever consider trimming your positions if the investment goes up too much?
LikeLiked by 1 person
Hi Liquid, thank you. I seen on Yahoo Finance yesterday that Go Easy stock has increased 561% in the last five years that is just crazy. I wish I would have bought more last year when the share price fell to $25. I’ve always been of the opinion that it is best to let the stock if growing it share price do it’s thing and not trim the position. I try to lower my exposure to a stock by adding new capital and buying others. How about yourself?
LikeLike
Same, lol. I ride the stock to the moon.
LikeLiked by 1 person
Congrats!
LikeLiked by 1 person
Thanks
LikeLiked by 1 person