In this article, I will go through the weekly dividend
increases and cuts in popular and well-known stocks. (Member of The Dividend
Champions or Canadian All-Star list)
Recently, 11 companies announced dividend increases. Note
that no dividend cuts or suspensions were announced during this period. This is
the first part of the week’s notifications.
The table below summarises the dividend change
announcements. The table shows the current
dividend, the new dividend and the percentage increase (%). Dividends are shown
on an annual basis and in US dollars unless otherwise stated. Yield is the new
dividend yield of the most recent price, and Years is the years of consecutive
dividend increases.
Johnson & Johnson (JNJ)
Johnson & Johnson researches and develops, manufactures,
and sells various products in the healthcare field worldwide. It operates in
three segments: Consumer Health, Pharmaceutical, and Medical Devices. Johnson
& Johnson was founded in 1886 and is based in New Brunswick, New Jersey.
On April 19, JNJ declared a quarterly dividend of $1.13 per share.
This is a 6.6%
increase from prior dividend of $1.06.
Payable June 7 for
shareholders of record May 24, ex-div May 23.
The Travelers Companies, Inc. (TRV)
The Travelers Companies, Inc., through its subsidiaries,
provides a range of commercial and personal property, and casualty insurance
products and services to businesses, government units, associations, and
individuals in the United states and internationally. The company operates
through three segments: Business Insurance, Bond & Specialty Insurance, and
Personal Insurance. The Travelers Companies, Inc. was founded in 1853 and is
based in New York, New York.
On April 19, TRV declared a quarterly dividend of $0.93 per share.
This is a 5.7%
increase from prior dividend of $0.88.
Payable June 30 for
shareholders of record June 10, ex-div June 9.
The Southern Company (SO)
The Southern Company, through its subsidiaries, engages in
the generation, transmission, and distribution of electricity. It operates
through Gas Distribution Operations, Gas Pipeline Investments, Wholesale Gas
Services, and Gas Marketing Services segments. The Southern Company was
incorporated in 1945 and is headquartered in Atlanta, Georgia.
On April 19, SO declared a quarterly dividend of $0.68 per share.
This is a 3.0%
increase from prior dividend of $0.66.
Payable June 6 for
shareholders of record May 16, ex-div May 13.
S&T Bancorp, Inc. (STBA)
S&T Bancorp, Inc. operates as the bank holding company
for S&T Bank that provides retail and commercial banking products and
services. The company operates through six segments: Commercial Real Estate,
Commercial and Industrial, Business Banking, Commercial Construction, Consumer
Real Estate, and Other Consumer. S&T Bancorp, Inc. was founded in 1902 and
is headquartered in Indiana, Pennsylvania.
On April 19, STBA declared a quarterly dividend of $0.30 per share.
This is a 3.4%
increase from prior dividend of $0.29.
Payable May 19 for
shareholders of record May 5, ex-div May 4.
Lithia Motors, Inc. (LAD)
Lithia Motors, Inc. operates as an automotive retailer in
the United States. The company operates through three segments: Domestic,
Import, and Luxury. It offers new and used vehicles; vehicle financing
services; warranties, insurance contracts, and vehicle and theft protection
services; and automotive repair and maintenance services, as well as sells
vehicle body and parts under the Driveway and GreenCars brand names. Lithia
Motors, Inc. was founded in 1946 and is headquartered in Medford, Oregon.
On April 20, LAD declared a quarterly dividend of $0.42 per share.
This is a 20.0%
increase from prior dividend of $0.35
Payable May 27 for
shareholders of record May 13, ex-div May 12.
Nasdaq, Inc. (NDAQ)
Nasdaq, Inc. operates as a technology company that serves
capital markets and other industries worldwide. The Market Technology segment
includes anti financial crime technology business, which offers Nasdaq Trade
Surveillance, a SaaS solution for brokers and other market participants to
assist them in complying with market rules, regulations, and internal market
surveillance policies; Nasdaq Automated Investigator, a cloud-deployed
anti-money laundering tool; and Verafin, a SaaS technology provider of
anti-financial crime management solutions. Nasdaq, Inc. was founded in 1971 and
is headquartered in New York, New York.
On April 20, NDAQ declared a quarterly dividend of $0.60 per share.
This is an 11.1%
increase from prior dividend of $0.54.
Payable June 24 for
shareholders of record June 10, ex-div June 9.
Healthcare Services Group, Inc. (HCSG)
Healthcare Services Group, Inc. provides management,
administrative, and operating services to the housekeeping, laundry, linen,
facility maintenance, and dietary service departments of nursing homes,
retirement complexes, rehabilitation centers, and hospitals in the United
States. It operates through two segments, Housekeeping and Dietary. Healthcare
Services Group, Inc. was incorporated in 1976 and is based in Bensalem,
Pennsylvania.
On April 20, HCSG declared a quarterly dividend of $0.2125 per share.
This is a 0.6%
increase from prior dividend of $0.2113.
Payable June 24 for
shareholders of record May 20, ex-div May 19.
Sonoco Products Company (SON)
Sonoco Products Company, together with its subsidiaries,
manufactures and sells industrial and consumer packaging products in North and
South America, Europe, Australia, and Asia. The company operates through two
segments: Consumer Packaging and Industrial Paper Packaging. Sonoco Products
Company was founded in 1899 and is headquartered in Hartsville, South Carolina.
On April 20, SON declared a quarterly dividend of $0.49 per share.
This is an 8.9%
increase from prior dividend of $0.45.
Payable June 10 for
shareholders of record May 10, ex-div May 9.
NextEra Energy Partners, LP (NEP)
NextEra Energy Partners, LP acquires, owns, and manages
contracted clean energy projects in the United States. It owns a portfolio of
contracted renewable generation assets consisting of wind and solar projects,
as well as contracted natural gas pipeline assets. NextEra Energy Partners, LP
was incorporated in 2014 and is headquartered in Juno Beach, Florida.
On April 21, NEP declared a quarterly dividend of $0.7325 per share.
This is a 3.5%
increase from prior dividend of $0.7075.
Payable May 12 for
shareholders of record May 5, ex-div May 4.
United Bancorp, Inc. (UBCP)
United Bancorp, Inc. operates as the bank holding company
for Unified Bank that provides commercial and retail banking services in Ohio.
It accepts demand, savings, and time deposits, as well as grants commercial,
commercial and residential real estate, and consumer loans. As of December 31,
2021, the company operated through a network of banking offices in Athens,
Belmont, Carroll, Fairfield, Harrison, Jefferson, and Tuscarawas Counties in
Ohio, as well as Marshall and Ohio Counties in West Virginia and the
surrounding localities; and a loan production office in Wheeling, West
Virginia. United Bancorp, Inc. was founded in 1902 and is headquartered in
Martins Ferry, Ohio.
On April 21, UBCP declared a quarterly dividend of $0.155 per share.
This is a 1.6%
increase from prior dividend of $0.1525.
Payable June 17 for
shareholders of record June 10, ex-div June 9.
Bar Harbor Bankshares (BHB)
Bar Harbor Bankshares operates as the holding company for
Bar Harbor Bank & Trust that provides commercial, lending, retail, and
wealth management banking services. It accepts various deposit products,
including interest-bearing and non-interest-bearing demand accounts, savings
accounts, time deposits, and money market deposit accounts, as well as
certificates of deposit. The company was founded in 1887 and is based in Bar
Harbor, Maine.
On April 21, BHB declared a quarterly dividend of $0.26 per share.
This is an 8.3%
increase from prior dividend of $0.24.
Payable June 17 for
shareholders of record May 17, ex-div May 16.
Comments
Post a Comment