Dividend Increases Weeks 22 and 23



 

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, 9 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.

 

 

 

 

 

Alexandria Real Estate Equities, Inc. (ARE)

Alexandria Real Estate Equities, Inc. (NYSE:ARE), an S&P 500 urban office real estate investment trust ("REIT"), is the first, longest-tenured, and pioneering owner, operator, and developer uniquely focused on collaborative life science, technology, and agtech campuses in AAA innovation cluster locations, with a total market capitalization of $31.9 billion as of December 31, 2020, and an asset base in North America of 49.7 million square feet ("SF").

On May 31, ARE declared a quarterly dividend of $1.19 per share.

This is a 2.6% increase from the prior dividend of $1.15. 

Payable July 15 for shareholders of record June 30, ex-div June 29.

 

Citizens Financial Services, Inc. (CZFS)

Citizens Financial Services, Inc. operates as the bank holding company for First Citizens Community Bank that provides various banking products and services for individual, business, governmental, and institutional customers. The company accepts various deposit products, such as checking, savings, and time deposit accounts. Citizens Financial Services, Inc. was founded in 1932 and is headquartered in Mansfield, Pennsylvania.

On June 6, CZFS declared a quarterly dividend of $0.475 per share.

This is a 3.3% increase from the prior dividend of $0.46. 

Payable June 24 for shareholders of record June 10, ex-div June 9.

 

Casey's General Stores, Inc. (CASY)

Casey's General Stores, Inc., together with its subsidiaries, operates convenience stores under the Casey's and Casey’s General Store names. Its stores offer a selection of food, including freshly prepared foods, such as pizza, donuts, and sandwiches; tobacco, and nicotine products; health and beauty aids; automotive products; and other nonfood items. Casey's General Stores, Inc. was founded in 1959 and is headquartered in Ankeny, Iowa.

On June 7, CASY declared a quarterly dividend of $0.38 per share.

This is an 8.6% increase from the prior dividend of $0.35. 

Payable August 15 for shareholders of record August 1, ex-div July 29.

 

UnitedHealth Group Incorporated (UNH)

UnitedHealth Group Incorporated operates as a diversified health care company in the United States. It operates through four segments: UnitedHealthcare, Optum Health, Optum Insight, and Optum Rx. UnitedHealth Group Incorporated was incorporated in 1977 and is based in Minnetonka, Minnesota.

On June 8, UNH declared a quarterly dividend of $1.65 per share.

This is a 13.8% increase from the prior dividend of $1.45. 

Payable June 28 for shareholders of record June 20, ex-div June 16.

 

Dollarama Inc. (TSE:DOL)

Dollarama Inc. operates a chain of dollar stores in Canada. Its stores offer general merchandise, consumables, and seasonal products. The company also sells its products through online store. As of January 30, 2022, it operated 1,421 stores. The company was formerly known as Dollarama Capital Corporation and changed its name to Dollarama Inc. in September 2009. Dollarama Inc. was founded in 1992 and is headquartered in Montreal, Canada.

On June 8, DOL declared a quarterly dividend of C$0.0553 per share.

This is a 3.8% increase from the prior dividend of C$0.0533. 

Payable August 5 for shareholders of record July 8, ex-div July 7.

 

 

Caterpillar Inc. (CAT)

Caterpillar Inc. manufactures and sells construction and mining equipment, diesel and natural gas engines, and industrial gas turbines worldwide. The company was founded in 1925 and is headquartered in Deerfield, Illinois.

On June 8, CAT declared a quarterly dividend of $1.20 per share.

This is an 8.1% increase from the prior dividend of $1.11. 

Payable August 19 for shareholders of record July 20, ex-div July 19.

 

Target Corporation (TGT)

Target Corporation operates as a general merchandise retailer in the United States. The company offers food assortments, including perishables, dry grocery, dairy, and frozen items; apparel, accessories, home d├ęcor products, electronics, toys, seasonal offerings, food, and other merchandise; and beauty and household essentials. Target Corporation was incorporated in 1902 and is headquartered in Minneapolis, Minnesota.

On June 9, TGT declared a quarterly dividend of $1.08 per share.

This is a 20.0% increase from the prior dividend of $0.90. 

Payable September 10 for shareholders of record August 17, ex-div August 16.

 

Universal Health Realty Income Trust (UHT)

Universal Health Realty Income Trust, a real estate investment trust, invests in healthcare and human service related facilities including acute care hospitals, rehabilitation hospitals, sub-acute care facilities, medical/office buildings, free-standing emergency departments and childcare centers. We have investments in seventy-one properties located in twenty states, including two that are currently under construction.

On June 9, UHT declared a quarterly dividend of $0.71 per share.

This is a 0.7% increase from the prior dividend of $0.705. 

Payable June 30 for shareholders of record June 20, ex-div June 16.

 

Oil-Dri Corporation of America (ODC)

Oil-Dri Corporation of America, together with its subsidiaries, develops, manufactures, and markets sorbent products in the United States and internationally. It operates in two segments, Retail and Wholesale Products Group; and Business to Business Products Group. Oil-Dri Corporation of America was founded in 1941 and is based in Chicago, Illinois.

On June 8, ODC declared a quarterly dividend of $0.28 per share.

This is a 3.7% increase from the prior dividend of $0.27. 

Payable August 26 for shareholders of record August 12, ex-div August 11.

 

Comments

Popular posts from this blog

12 Dividend Aristocrats You Can Buy at a Discount

7 Best Long-Term Dividend Stocks to Buy Right Now

7 Dividend Stocks Trading at a Huge Discount Right Now

6 Dividend Kings Increasing Dividends For 50 Consecutive Years Or More

A Through Comparison of Exxon Mobil vs. Chevron

7 Monthly Dividend Stocks to Buy in August 2022

7 Retirement Stocks to Buy in July