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Sunday, February 20, 2011

Rogers Communication (RCI.B) increased dividends by 10%

Rogers Communication (RCI) increased dividends by 10% this week bringing their dividends to $0.355 and a yield of 4.07%. Rogers is a Canandian Dividend Aristocrat and continues to reward investors. I do not hold a position in Rogers but it is on my short list and is trading near the bottom of its 52-week low.

TransCanada Corporation (TRP), another Canadian Dividend Aristocrat, also increased its dividend after a quarter that exceeded expectations. The increase of 2 cents, for a total of $0.42 per quarter, represent a 5% increase and provides TRP with a 4.42% dividend yield.

Disclosure NONE.

1 comment:

  1. If only every company that pays a dividend would increase their dividend payout by 10% a year. That would mean the dividend payout would double every seven years.