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Discussion Starter · #6 ·
I have very small positions in both.
Maybe 1% of my portfolio in each. I had thought about selling, too. But then I thought it was such a small portion of my portfolio, I just treat them more like bond proxies.

But I don't think you're wrong.
Anyway, hey. I'll take the increase, even if it is small.
My position was less than 1% as well. Totally bond like and a good yield at around 5%. I was overweight utilities and didn't want to trim another position in that sector.
 

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Discussion Starter · #8 ·
That's always how it goes. I regret not buying low div high dividend growth stocks when I started DIY. As such I avoided low yield stocks like the Canadian Rails, Alimentation Couche-Tarde etc. I read a ton of articles on how low yield high dividend growth outperforms divdend stocks but I wanted to see that dividend income in my account each quarter. Hindsight is 20-20. We tend to focus on what we should have done but the reality is you've made some good choices over the years and have done well. We can always find a reason to kick ourselves. Be glad you got in $15 lower. :)
 

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Discussion Starter · #22 ·

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Discussion Starter · #23 ·
Q4 - 2021 - Quarterly Reports - Financials - Invest - Cameco

  • 50% increase to 2022 dividend announced: As a result of our deliberate actions and conservative financial management we have been and continue to be resilient. With a strong balance sheet, improving fundamentals for our business, a growing contract portfolio, and our decision to prepare McArthur River/Key Lake to be operationally ready, we have line of sight to a significant improvement in our future earnings and cash flow. Therefore, for 2022, we are increasing our annual dividend. An annual dividend of $0.12 per common share has been declared, payable on December 15, 2022 to shareholders of record on November 30, 2022.

Shareholders will have to wait to the end of the year for this one.
 

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Discussion Starter · #26 ·

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Discussion Starter · #30 ·
Aecon reports year-end 2021 results

Thought I posted this yesterday on the announcement

"Aecon’s Board of Directors approved an increase to the quarterly dividend to 18.5 cents per share from 17.5 cents per share previously. The first increased dividend will be paid on April 4, 2022 to shareholders of record on March 25, 2022."
 

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Discussion Starter · #32 ·
NFI Group

Reflecting supply chain disruption, announced a reduction of quarterly dividend, to $0.0531 per Share, with an opportunity for a subsequent increase based on improved financial performance in 2023.
 

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Discussion Starter · #33 ·

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Discussion Starter · #36 ·
TMX Money

Question on this type of announcement, do investors buy a stock like this on the announcement and make a few grand with both dividends say in a TFSA and sell shortly after for profit or does the stock share price usually adjust accordingly so in reality your no further ahead.
I realize your question was more general but if you use this announcement as an example you can see what happened in the last month which covers the announcement and record date. This news is easy to price as the amounts and timelines are known. It's near impossible to turn a quick profit but the announcement of dividend increases in conjunction with a special dividend usually means the company is flush with cash. A financially sound company will tend to draw attention from other investors. I haven't looked closely at WTE.

Westshore Terminals Investment Corporation (WTE) | TSX Stock Price | TMX Money
 

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Discussion Starter · #42 ·
Western Forest Products Inc. Increases Dividend (tmx.com)

"An increase of 25% in the quarterly dividend. Western confirms that a quarterly dividend of $0.0125 per share will be paid with respect to the Company's second fiscal quarter of 2022 to shareholders of record as at the close of business on Friday, May 27, 2022 and payable on Friday, June 17, 2022."
 
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