Author: Kevin Bae
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Fortis Inc. (FTS) increases dividend by 4.2%, its 51st consecutive annual increase
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W.P. Carey (WPC) increases dividend by 0.57%
Not exactly a windfall but any increase is a good increase. W. P. Carey Inc. (W. P. Carey, NYSE: WPC) reported today that its Board of Directors increased its quarterly cash dividend to $0.875 per share, equivalent to an annualized dividend rate of $3.50 per share. The dividend is payable on October 15, 2024 to…
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AI Deep Dive: ONEOK (OKE) post-acquisitions effect on the dividend
I used Google’s NotebookLM to create a short deep dive look into ONEOK’s post-acquisition of EnLink Midstream and investment into Medallion Midstream. The tool does a good job of explaining the ins and outs and how it effects the company’s dividend. The deep dive audio is based on the text below and from other news…
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ONEOK acquisitions strengthen portfolio
ONEOK, a Tulsa-based pipeline operator, is reinforcing its presence in the U.S. energy infrastructure sector through two midstream acquisitions worth $5.9 billion, expanding its footprint in the Permian Basin. These acquisitions, along with its 2023 purchase of Magellan Midstream Partners for $18.8 billion, significantly increase its crude oil and refined products capacity. While this expansion…
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Microsoft (MSFT) increases dividend by 10%, its 15th consecutive annual increase
Microsoft Corp. on Monday announced that its board of directors declared a quarterly dividend of $0.83 per share, reflecting an 8 cent or 10% increase over the previous quarter’s dividend. The dividend is payable Dec. 12, 2024, to shareholders of record on Nov. 21, 2024. The ex-dividend date will be Nov. 21, 2024. The board…
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Verizon acquisition of Frontier and the dividend
I used Verizon’s acquisition of Frontier announcement and a couple other sources to create the following AI conversation about the company and the dividend using Google’s NotebookLM. It’s a pretty good way to get a layman’s examination of news and financial information. See what you think. Verizon’s Frontier Acquisition: Expanding Broadband Ambitions & Dividend Strength…