We always like to see dividend increases of the common shares of those companies with outstanding preferreds. Those increases can be of any size–as long as they are moving higher I am happy.
REIT Gladstone Lane (LAND) has announced an increase in their monthly distribution. The old rate was 0.445–the new rate is 0.446. It is almost a ridiculously small increase. So for every 100 shares you get an extra penny each month.
Well I did say I like to see dividends move higher–I guess it moved higher.