Tag: energy
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TC Energy Corp (TRP) adjusts dividend post spin-off of South Bow Corp (SOBO)
TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the Company) today announced that its Board of Directors (Board) declared a quarterly dividend of $0.8225 per common share for the quarter ending Dec. 31, 2024, on the Company’s outstanding common shares. The dividend declared reflects TC Energy’s proportionate allocation following the spinoff Transaction. The common…
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ExxonMobile (XOM) increases dividend by 4.2%, its 42nd consecutive annual increase
“Our industry-leading results1 continue to demonstrate how our enterprise-wide transformation is improving the structural earnings power of the company. In the Upstream, we’ve doubled the profitability of the barrels we produce on a constant price basis5. In Product Solutions, we’ve high-graded our refining footprint and increased high-value product sales. And across the entire company, we’ve achieved…
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MPLX LP (MPLX) increases dividend by 12.5%, its 12th consecutive annual increase
The board of directors of the general partner of MPLX LP (NYSE: MPLX) has declared a quarterly cash distribution of $0.9565 per common unit for the third quarter of 2024, or $3.826 on an annualized basis. This represents a 12.5% increase, or $0.1065 increase per common unit, over the second quarter 2024 distribution. The distribution…
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Energy Transfer LP (ET) increased their dividend by 0.78%
Energy Transfer LP (NYSE: ET) today announced an increase in its quarterly cash distribution to $0.3225 per Energy Transfer common unit ($1.29 on an annualized basis) for the third quarter ended September 30, 2024. This cash distribution per Energy Transfer common unit will be paid on November 19, 2024 to unitholders of record as of the close of business on November 8, 2024, and…
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September 2024 Portfolio Recap
September was an eventful month for Chasing the Yield. My annual income increased by $80, thanks to dividend boosts from Microsoft (MSFT) (up 11%), New Jersey Resources (NJR) (up 7.1%), and five other holdings. While there were no upgrades or downgrades in dividend safety, I closed our position in Oaktree Specialty Lending (OCSL) and used…
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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…