Sunday, February 5, 2023

Dividend Increases and Tips

 

I always think of February as the worst of the winter here on the East Coast of Canada with March getting better. Although St. Patrick's Day can bring on a decent snow storm some years. Like a tradition.


February didn't disappoint being all over the news with an Arctic air blast sending temps down to -40 C with the windchill factor and there was plenty of northerly wind on Saturday, the 4th of Feb. Like the flip of a switch, milder weather today. System shocker for yours truly ... always was with drastic swings in temperature.


In my last post I mentioned Enbridge (ENB) will have an ex-dividend date of Feb 14. Chocolates and/or roses for your sweetie on that day. Top it off with dinner out and that could be a $100+ day with today's inflated prices but we only live once I say.

Enbridge announced it will raise it's quarterly dividend to 0.88750 from 0.8600, a 3.2% increase for the year. Those increases add up when holding a building number of ENB shares.

BCE; Bell Canada, another top stock in Canada in the telecom sector, which goes ex-dividend in March also raised it's quarterly dividend to 0.9675, a 5.2% increase.

Another alternative to invest in Enbridge is via Middlefield's ENS (Class A) split share fund (E Split Corp.)with a current 0.13 monthly dividend per share. ENS started in June of 2018

As always, I just write about my Picks and decent possibilities as add-ons and there are a lot out there to consider, adding some to my Watchlist as I go and scrapping others where not funded yet. Not recommendations, just what works for me

In closing for today while Bitcoin and Ether have been kind of flat the last few days, an article about tips, timing purchases/trades and more with stocks from Matt. Good advise.

10 Tips for your BTSX Portfolio


Courtesy of enbridge.com (click to enlarge)



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