Thursday, January 31, 2008

hikes from my watchlist

Three stocks that are on my watchlist, but that I do not hold, just raised their quarterly dividends.

  • TransCanada Corp. (TRP) - hiked to $0.36, a raise of 6%
  • United Parcel Service (UPS) - hiked to $0.45, a raise of 7%
  • Canadian National Railway (CNR) - hiked to $0.23, a raise of 10%

Two of these companies are extremely economically sensitive, while one is certainly not.

Remember, you can always see some of the latest dividend increases in Canadian and U.S. markets by clicking on the 'see latest hikes' link on the right panel of themoneygardener.

6 comments:

Tyler said...

I just wrote a post on TRP - which I like right now. I am assuming you're talking about TRP that is not economically sensitive.

MG said...

Hi tyler, Last time I checked TRP was too expensive for me, but I'm sure it has been/will be doing well in this type of economic environment, hence the rich price.

pitz said...

Shoppers Drug Mart should be good for a 25% raise next week. From 16 cents/share/quarter to 20 cents/share/quarter.

SC's broken below its 52-week low, so probably not a bad thing to buy.

pitz said...

Shoppers Drug Mart should be good for a 25% raise next week. From 16 cents/share/quarter to 20 cents/share/quarter.

SC's broken below its 52-week low, so probably not a bad thing to buy.

pitz said...

Oops, double post :(.

MG said...

Hey Pitz, I noticed that....Will be interesting to see the earnings and reaction after they come out. Retail has been really out of favour lately in Canada.