[londoncalling]

Q4 2021 Press release (bce.ca)

Today's announcement resulted in a 5.1%, or $0.18 per share, increase in the BCE annual common share dividend to $3.68. this falls in line with previous increases 2021 @ 5.11%, 2020 @ 5.05% and 2019 @ 4.97%.

 

[londoncalling]

Equitable Announces Agreement to Acquire Concentra Bank and Concurrent $200 Million Bought Deal Offering of... (tmx.com)

This news was released in advance of earnings release which was supposed to be Feb 17th. The title in the link doesn't state the dividend increase or its amount which can be found in the release.

• Acquisition made from a position of strength as Equitable reports record Q4 and 2021 performance, 51% common share dividend increase

 

[londoncalling]

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.

 

[londoncalling]

Brookfield considers spinoff of asset management unit - MarketWatch

Brookfield said it's increasing its quarterly dividend by 8% to 14 cents a share, payable March 31 to shareholders of record as at the close of business on Feb. 28.

 

[Gator13]

TC Energy increased their annual dividend from $3.48 to $3.60.

 

[londoncalling]

Nutrien Increases Dividend and Announces Intent to Launch a New Share Repurchase Program (tmx.com)

Board of Directors (“Board”) declared a quarterly dividend of US$0.48 per share payable on April 14, 2022, to shareholders of record on March 31, 2022. This represents a four percent increase from the prior dividend declared on November 1, 2021 and equates to an annualized dividend of US$1.92 per share.

 

[doctrine]

Whitecap Resources recently increased its dividend 33%, from $0.27 to $0.36 a year. Year over year, their dividend is up 110% and now yields about 3.5%.

Of course, Whitecap used to pay 6.25 cents a share monthly instead of 3 cents, but with current oil prices they actually could pay their pre-2015 dividend now and even increase it. Pretty good company that survived 3 major oil bear markets without causing permanent shareholder equity destruction.

New 4 year high today.

 

[doctrine]

CNQ increased its dividend 28% from .5875 to 0.75 a share. 21 years in a row they increased their dividend, through 5 major oil bear markets (2002, 2008, 2014, 2018, 2020). The dividend is 100% higher than pre-COVID, and CNQ is the only major oil company in the world trading at all time highs, including well above 2008.

 

[londoncalling]

WM Announces Cash Dividend | Business Wire

Although it doesn't state it is an increase I believe the previous quarter's dividend payout was 57.5 cents a share.

 

[londoncalling]

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."

 

[milhouse]

Parkland (PKI) increasing annual dividend payments by 5.3% from $1.235/share to $1.30/share and switching to quarterly payment schedule starting in Q2.

Parkland Q4 news release

 

[londoncalling]

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.

 

[londoncalling]

Boyd Group Services Inc. Reports Fourth Quarter and Full Year 2021 Results (tmx.com)

Increased quarterly dividends by 2.1% in November 2021 , bringing dividends to an annualized amount of C$0.58 per share from C$0.56 per share

Great earnings report. The dividend increase is small potatos compared to the rest of the results. Stock up 12.5% on a generally down day.

 

[newfoundlander61]

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.

 

[Money172375]

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.

Wait for it…….wait for it….

 

[londoncalling]

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

 

[doctrine]

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.

WTE fell almost exactly by $1.50 on the ex-dividend date. WTE pays these special dividends all the time as the company has little interest in growing outside of their terminal in Vancouver and so just pays out its excess cash. So no chance to game the stock. In general though, I would say special dividends are generally positive and bring positive attention to a stock, especially if their underlying business is good and the stock is undervalued. Sometimes the stock price bump up on the announcement is more than the special dividend, but you would have to be in the stock prior to the announcement.

However, in this case, a few days after ex-dividend, WTE proceeded to jump to a new 52 week high, perhaps more connected to the long term outlook. Owning a major export terminal in Canada is a pretty profitable business these days, especially when commodity prices are high and your clients are flush with cash, and your competition is being widely sanctioned.

 

[londoncalling]

Johnson & Johnson Announces Dividend Increase of 6.6% | Johnson & Johnson (jnj.com)

"Johnson & Johnson today announced that its Board of Directors has declared a 6.6% increase in the quarterly dividend, from $1.06 per share to $1.13 per share."

 

[doctrine]

Cenovus tripled its dividend, from 3.5 cents to 10.5 cents a share. They are now going to return 50% of FCF to shareholders until their debt reaches $4B, likely 3 quarters from now, and then they are going to return 100% of FCF. If they do, it would be a shareholder yield of 20%+ at current prices. Most of it will be share buybacks. $4B debt in a few quarters - who remembers when they paid $14 billion debt + $3B shares for ConocoPhillips's oil sands projects. Plus another $6-7B of Husky debt. Poof, gone.

This is only the beginning of a massive return of capital from oil and gas. 100% of FCF likely early next year. Wow.

Cenovus triples its dividend after profit soars sevenfold on high oil prices

Cenovus Energy Inc. said it will triple its dividend after high crude prices helped the oil major post a sevenfold increase in profit

financialpost.com

 

[gardner]

it would be a shareholder yield of 20%+ at current prices.

Interesting. I am still WAY underwater after holding Husky for too long prior to the Cenovus deal and would not be doing very well on a yield to book basis -- but CVE has been doing well recently so I will wait and see.