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, 7 companies announced dividend increases. Note
that no dividend cuts or suspensions were announced during this period.
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.
Oracle Corporation (ORCL)
Oracle Corporation provides products and services that
address enterprise information technology environments worldwide. Its Oracle
cloud software as a service offering include various cloud software
applications, including Oracle Fusion cloud enterprise resource planning (ERP),
Oracle Fusion cloud enterprise performance management, Oracle Fusion cloud
supply chain and manufacturing management, Oracle Fusion cloud human capital
management, Oracle Fusion cloud advertising and customer experience, and NetSuite
applications suite. Oracle Corporation was founded in 1977 and is headquartered
in Austin, Texas.
On June 13, ORCL declared a quarterly dividend of $0.32 per share.
This is an 18.5%
increase from the prior dividend of $0.27.
Payable July 26 for
shareholders of record July 12, ex-div July 11.
Realty Income Corporation (O)
Realty Income, The Monthly Dividend Company, is an S&P
500 company dedicated to providing stockholders with dependable monthly income.
The company is structured as a REIT, and its monthly dividends are supported by
the cash flow from over 6,500 real estate properties owned under long-term
lease agreements with our commercial clients. To date, the company has declared
608 consecutive common stock monthly dividends throughout its 52-year operating
history and increased the dividend 109 times since Realty Income's public
listing in 1994 (NYSE: O). The company is a member of the S&P 500 Dividend
Aristocrats index. Additional information about the company can be obtained
from the corporate website at www.realtyincome.com.
On June 14, O declared a monthly dividend of $0.2475 per share.
This is a 0.2%
increase from the prior dividend of $0.247.
Payable July 15 for
shareholders of record July 1, ex-div June 30.
National Fuel Gas Company (NFG)
National Fuel Gas Company operates as a diversified energy
company. It operates through four segments: Exploration and Production,
Pipeline and Storage, Gathering, and Utility. National Fuel Gas Company was
incorporated in 1902 and is headquartered in Williamsville, New York.
On June 15, NFG declared a quarterly dividend of $0.475 per share.
This is a 4.4%
increase from the prior dividend of $0.455.
Payable July 15 for
shareholders of record June 30, ex-div June 29.
Great Southern Bancorp, Inc. (GSBC)
Great Southern Bancorp, Inc. operates as a bank holding
company for Great Southern Bank that offers a range of financial services in
the United States. Its deposit products include regular savings accounts,
checking accounts, money market accounts, fixed interest rate certificates with
varying maturities, certificates of deposit, brokered certificates, and
individual retirement accounts. Great Southern Bancorp, Inc. was founded in
1923 and is headquartered in Springfield, Missouri.
On June 15, GSBC declared a quarterly dividend of $0.40 per share.
This is an 11.1%
increase from the prior dividend of $0.36.
Payable July 12 for
shareholders of record June 27, ex-div June 24.
Investar Holding Corporation (ISTR)
Investar Holding Corporation operates as the bank holding
company for Investar Bank that provides a range of commercial banking products
to individuals and small to medium-sized businesses in South Louisiana. The
company offers various deposit products and services, such as savings,
checking, money market, and individual retirement accounts, as well as various
certificates of deposit; debit cards; and mobile banking services. Investar
Holding Corporation was founded in 2006 and is headquartered in Baton Rouge,
Louisiana.
On June 15, ISTR declared a quarterly dividend of $0.085 per share.
This is a 6.3%
increase from the prior dividend of $0.08.
Payable July 29 for
shareholders of record June 30, ex-div June 29.
KLA Corporation (KLAC)
KLA Corporation designs, manufactures, and markets process
control and yield management solutions for the semiconductor and related
nanoelectronics industries worldwide. The company offers chip and wafer
manufacturing products, including defect inspection and review systems,
metrology solutions, in situ process monitoring products, computational
lithography software, and data analytics systems for chip manufacturers to
manage yield throughout the semiconductor fabrication process. KLA Corporation
was incorporated in 1975 and is headquartered in Milpitas, California.
On June 16, KLAC declared a quarterly dividend of $1.30 per share.
This is a 23.8%
increase from the prior dividend of $1.05.
Payable September.
W. P. Carey Inc. (WPC)
W. P. Carey ranks among the largest net lease REITs with an
enterprise value of approximately $18 billion and a diversified portfolio of
operationally-critical commercial real estate that includes 1,215 net lease
properties covering approximately 142 million square feet as of September 30,
2020. For nearly five decades, the company has invested in high-quality single-tenant
industrial, warehouse, office, retail and self-storage properties subject to
long-term net leases with built-in rent escalators. Its portfolio is located
primarily in the U.S. and Northern and Western Europe and is well-diversified
by tenant, property type, geographic location and tenant industry.
On June 16, WPC declared a quarterly dividend of $1.059 per share.
This is a 0.2%
increase from the prior dividend of $1.057.
Payable July 15 for
shareholders of record June 30, ex-div June 29.
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