Wednesday, 28 August 2013

BNS Increases Dividend


On August 27, Bank of Nova Scotia increased its dividend for the second time in 2013, from $0.60 to $0.62 per year, or 3.3%. The first increase being from $0.57 to $0.60, for a total 2013 dividend increase of 8.7%.

I have updated my portfolio page to reflect this increase.

As of today, my dividend increases for 2013 are:

Company
2013 Div. Increase
$$$ Increase
BNS
3.3%
$10.00
CSX
7%
$6.00
Empire Co
8.3%
$13.20
Enbridge
11.5%
$34.19
Intel
---
---
JP Morgan
26.7%
$64.00
Norfolk Southern
4%
$4.00
North West Co
7.7%
$32.00
Reckitt Benckiser*
7%
$5.70
Saputo
9.5%
$20.40
SNC Lavalin
4.5%
$14.00
Target
19%
$14.00
Teva
15%
$59.00
TransForce
---
---
Vodafone*
7%
$19.26
Walgreen Co
14.5%
$48.00
Total

$343.75
            * Based on GBP to USD = 1.52

At the end of 2012, my forward 12-month dividends were $3,598.76. With new purchases and dividend increases, they now stand at $5,441.82.

2 comments:

  1. ADY - shouldn't your 2013 increase column for 2013 show 8.7% for BNS (and not 3.3%)?

    ReplyDelete
    Replies
    1. Hi DoD,

      Since I bought my shares of BNS after the first dividend increase, I only got one of the 2013 increases. Hoping for two next year.

      Delete