Friday, August 28, 2015

August Dividend Raises & Updated Investment Holdings

I will remember August 2015 as a very volatile month in the markets, with some big swings in stock index values due to the slowdown in China, interest rate speculation in the United States, and the ever changing price of oil. August is traditionally a slow month in my portfolio in terms of dividend raises, and I only have two to report this month:

-          On Tuesday, the Royal Bank of Canada increased their payout two cents a share to 79 cents quarterly. The increased payout reflects net income growth of 4% over the same quarter last year and is well supported by adjusted earnings per share of $1.68.
-          Today, the Bank of Nova Scotia boosted their dividend from $0.68 to $0.70 quarterly. Excluding a special gain recorded in the comparable quarter last year, earnings per share were up from $1.40 to $1.45. This is the fourth consecutive year in which this bank has twice increased their dividend.

September should be a busier month for payout increases with Microsoft, McDonald’s and Enbridge Income Fund all likely to boost their dividends next month. Of course the most exciting news for me is always unexpected dividend increases. 

In order to continue to make this blog more user friendly, I updated my ‘Investment Holdings’ page. Maintaining HTML coded tables was simply too much of a headache for me, so I embedded Google spreadsheets instead. This will allow me to easily update my stock holdings in the future.

Next week the plan is to provide an update on my non-financial goals on Tuesday and post my first ever September stock watchlist on Friday. I’m a big fan of the watchlist concept, as I often find interesting companies via other bloggers’ watchlists. Plus, posting a watchlist should help me focus my research efforts in September.

Which companies are you looking to add to your investment portfolio next month?

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