Category: Blog
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How my income increased $193 by doing nothing
Do you like getting paid for doing nothing? I do! That’s why I love dividend stocks. You buy stock in companies that share profits with their shareholders. Most pay every quarter, some pay monthly, and some of them increase their dividends every year. That means more money for me! In this blog post, I’m going…
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Mid-year 2023 Portfolio Update
I made changes to my portfolios in 2023 and updated all my portfolio pages. This year has been a stinker if you’re gauging performance by stock price. Dividend income however continues to be steady and rising. Dividend growth across all three of my portfolios is about 3% while total value of my portfolio is down…
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CIBC raises dividend by 2.4%, continuing it’s streak to 13 years
CIBC (TSX: CM) (NYSE: CM) announced today that its Board of Directors declared a dividend of $0.87 per share on common shares for the quarter ending July 31, 2023, an increase of $0.02 per share from the previous quarter. This dividend is payable on July 28, 2023 to shareholders of record at the close of business on June 28, 2023. CIBC
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Oneok to Buy Magellan Midstream for $14 Billion, Creating U.S. Energy Giant
Oneok, a large U.S. energy company, announced on Sunday that it would buy Magellan Midstream Partners, a smaller rival that owns pipelines and storage facilities for refined products, for $14 billion. The deal, which includes cash and equity, would create one of the biggest U.S. energy transporters and storers, with a combined market value of…
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Arrow Financial (AROW) declares 3% dividend increase
The Board of Directors of Arrow Financial Corporation (NasdaqGS® – AROW) on May 3, 2023, declared a quarterly cash dividend of $0.27 per share payable June 15, 2023, to shareholders of record on June 2, 2023. This represents a 3.0% increase over the cash dividend paid in the second quarter of 2022, as a result…
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Artesian Resources (ARTNA) announces 2% dividend increase
Artesian Resources Corporation (Nasdaq: ARTNA) is pleased to announce that its Board of Directors approved a 2% increase in the quarterly dividend per share on the company’s Class A and Class B Common Stock, which raises the annualized dividend rate to $1.136 per share. The quarterly dividend rate of $0.284 per share is payable May…