Chasing the Yield
Investing for income through dividends and distributions
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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…
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Sixth Street announces Special Dividend of $0.04 per share
Sixth Street Specialty Lending, Inc. Reports First Quarter 2023 Earnings Results; Declares a Second Quarter Base Dividend Per Share of $0.46, and a First Quarter Supplemental Dividend Per Share of $0.04 Sixth Street Specialty Lending
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Cabot Corp (CBT) raises dividend 8%
On Friday, May 5, 2023, the Board of Directors of Cabot Corporation (NYSE: CBT) declared a quarterly dividend of $0.40 per share, an increase of 8% compared to the current quarterly dividend, on all outstanding shares of the Corporation’s common stock. The dividend is payable on June 9, 2023, to stockholders of record at the close of business on May 26, 2023.…