Dividend Increases 7 & 8 of 2021

Hi everyone, this week I received a couple of dividend increases and wanted to share them with you. These raises weren’t a surprise as both companies have been raising for several consecutive years now. The first raise came from Home Depot.

Home Depot (ticker: HD) came through for investors on Tuesday with a 10% raise to its dividend. The company will now pay a quarterly dividend of $1.65 up from $1.50. The new dividend will take effect with the March 25th payment to shareholders of record of March 11th.

I currently own 23 shares and with this raise my quarterly dividend income will increase by $3.45 and annually by $13.80.

The raise I received on Thursday night after the markets closed and that came from Aecon.

On Thursday night Aecon (ticker: ARE) announced their year-end 2020 results, and in that announcement they said they will be increasing their dividend by 9.3%. This marks the ninth year in the last ten that Aecon has raised their dividend. The new dividend will be paid quarterly at $0.175 per share up from $0.16. The new dividend will take effect with the April 5th payment to shareholders of record of March 23rd.

I currently own 130 shares of the stock and my quarterly income will increase by $1.95 and annually by $7.80.

Portfolio Raises in 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
TC Energy	$0.81	$0.87	$9.12
Home Depot	$1.50	$1.65	$13.80
Aecon	$0.16	$0.175	$7.80
Total			$76.96

If you own Home Depot or Aecon congratulations on the raises.

Thanks

Matthew

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