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, 15 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.
Diamondback Energy, Inc. (FANG)
Diamondback Energy, Inc., an independent oil and natural gas
company, focuses on the acquisition, development, exploration, and exploitation
of unconventional and onshore oil and natural gas reserves in the Permian Basin
in West Texas. It focuses on the development of the Spraberry and Wolfcamp
formations of the Midland basin; and the Wolfcamp and Bone Spring formations of
the Delaware basin, which are part of the Permian Basin in West Texas and New
Mexico. Diamondback Energy, Inc. was founded in 2007 and is headquartered in
Midland, Texas.
On August 1, FANG announced a quarterly dividend of $0.75 per share.
This is a 7.1%
increase from the prior dividend of $0.70.
Payable August 23 for
shareholders of record August 16, ex-div August 15.
Essential Utilities, Inc. (WTRG)
Essential Utilities, Inc., through its subsidiaries,
operates regulated utilities that provide water, wastewater, or natural gas
services in the United States. It offers water services through operating and
maintenance contract with municipal authorities and other parties. The company
also provides non-utility raw water supply services for firms in the natural
gas drilling industry; and water and sewer line protection solutions, and
repair services to households through a third-party. Essential Utilities, Inc.
was founded in 1886 and is headquartered in Bryn Mawr, Pennsylvania.
On August 2, WTRG announced a quarterly dividend of $0.287 per share.
This is a 7.1%
increase from the prior dividend of $0.268.
Payable September 1
for shareholders of record August 12, ex-div August 11.
Microchip Technology Incorporated (MCHP)
Microchip Technology Incorporated develops, manufactures,
and sells smart, connected, and secure embedded control solutions in the
Americas, Europe, and Asia. The company offers general purpose 8-bit, 16-bit,
and 32-bit microcontrollers; 32-bit embedded microprocessors markets; and
specialized microcontrollers for automotive, industrial, computing,
communications, lighting, power supplies, motor control, human machine
interface, security, wired connectivity, and wireless connectivity
applications. Microchip Technology Incorporated was incorporated in 1989 and is
headquartered in Chandler, Arizona.
On August 2, MCHP announced a quarterly dividend of $0.301 per share.
This is a 9.1%
increase from the prior dividend of $0.276.
Payable September 2
for shareholders of record August 19, ex-div August 18.
Littelfuse, Inc. (LFUS)
Littelfuse, Inc. manufactures and sells circuit protection,
power control, and sensing products in the Asia-Pacific, the Americas, and
Europe. Littelfuse, Inc. was founded in 1927 and is headquartered in Chicago,
Illinois.
On August 2, LFUS announced a quarterly dividend of $0.60 per share.
This is a 13.2%
increase from the prior dividend of $0.53.
Payable September 8
for shareholders of record August 25, ex-div August 24.
Main Street Capital (MAIN)
Main Street Capital Corporation is a business development
company specializes in equity capital to lower middle market companies. The
firm specializing in recapitalizations, management buyouts, refinancing, family
estate planning, management buyouts, refinancing, industry consolidation,
mature, later stage emerging growth. Main Street Capital Corporation was
founded in 2007 and is based in Houston, Texas with an additional office in
Chojnów, Poland.
On August 2, MAIN announced a monthly dividend of $0.22 per share.
This is a 2.3%
increase from the prior dividend of $0.215.
Payable October 14 for
shareholders of record October 7, ex-div October 6.
Atlantica Sustainable Infrastructure plc (AY)
Atlantica Sustainable Infrastructure plc owns, manages, and
invests in renewable energy, storage, natural gas and heat, electric
transmission lines, and water assets in the United States, Canada, Mexico,
Peru, Chile, Colombia, Uruguay, Spain, Italy, Algeria, and South Africa.
Atlantica Sustainable Infrastructure plc was incorporated in 2013 and is based
in Brentford, the United Kingdom.
On August 3, AY announced a quarterly dividend of $0.445 per share.
This is a 1.1%
increase from the prior dividend of $0.44.
Payable September 15
for shareholders of record August 31, ex-div August 30.
Terreno Realty Corporation (TRNO)
Terreno Realty Corporation and together with its
subsidiaries, the Company acquires, owns and operates industrial real estate in
six major coastal U.S. markets: Los Angeles, Northern New Jersey/New York City,
San Francisco Bay Area, Seattle, Miami, and Washington, D.C. The Company is an
internally managed Maryland corporation and elected to be taxed as a real
estate investment trust ("REIT")
On August 3, TRNO announced a quarterly dividend of $0.40 per share.
This is a 17.6%
increase from the prior dividend of $0.34.
Payable October 14 for
shareholders of record September 30, ex-div September 29.
Federal Realty Investment Trust (FRT)
Federal Realty is a recognized leader in the ownership,
operation and redevelopment of high-quality retail-based properties located
primarily in major coastal markets from Washington, D.C. to Boston as well as
San Francisco and Los Angeles. Founded in 1962, Federal Realty's mission is to
deliver long-term, sustainable growth through investing in communities where
retail demand exceeds supply. Its expertise includes creating urban, mixed-use
neighborhoods like Santana Row in San Jose, California, Pike & Rose in
North Bethesda, Maryland and Assembly Row in Somerville, Massachusetts.
On August 4, FRT announced a quarterly dividend of $1.08 per share.
This is a 0.9%
increase from the prior dividend of $1.07.
Payable October 17 for
shareholders of record September 22, ex-div September 21.
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 August 4, KLAC announced a quarterly dividend of $1.30 per share.
This is a 23.8%
increase from the prior dividend of $1.05.
Payable September 1
for shareholders of record August 15, ex-div August 12.
Carlisle Companies Incorporated (CSL)
Carlisle Companies Incorporated operates as a diversified
manufacturer of engineered products in the United States, Europe, Asia, Canada,
Mexico, the Middle East, Africa, and internationally. It operates through three
segments: Carlisle Construction Materials, Carlisle Interconnect Technologies,
and Carlisle Fluid Technologies. Carlisle Companies Incorporated was founded in
1917 and is headquartered in Scottsdale, Arizona.
On August 4, CSL announced a quarterly dividend of $0.75 per share.
This is a 38.9% increase
from the prior dividend of $0.54.
Payable September 1
for shareholders of record August 18, ex-div August 17.
Skyworks Solutions, Inc. (SWKS)
Skyworks Solutions, Inc., together with its subsidiaries,
designs, develops, manufactures, and markets proprietary semiconductor
products, including intellectual property in the United States, China, South
Korea, Taiwan, Europe, the Middle East, Africa, and rest of Asia-Pacific. The
company was incorporated in 1962 and is headquartered in Irvine, California.
On August 4, SWKS announced a quarterly dividend of $0.62 per share.
This is a 10.7%
increase from the prior dividend of $0.56.
Payable September 15
for shareholders of record August 25, ex-div August 24.
Dover Corporation (DOV)
Dover Corporation provides equipment and components,
consumable supplies, aftermarket parts, software and digital solutions, and
support services worldwide. The Engineered Products segment provides various
equipment, component, software, solution, and services that are used in
aftermarket vehicle service, solid waste handling, industrial automation,
aerospace and defense, industrial winch and hoist, and fluid dispensing
end-market. The company was incorporated in 1947 and is headquartered in
Downers Grove, Illinois.
On August 4, DOV announced a quarterly dividend of $0.505 per share.
This is a 1.0% increase
from the prior dividend of $0.50.
Payable September 15
for shareholders of record August 31, ex-div August 30.
Cogent Communications Holdings, Inc. (CCOI)
Cogent Communications Holdings, Inc., through its
subsidiaries, provides high-speed Internet access, private network, and data
center colocation space services in North America, Europe, Asia, South America,
Australia, and Africa. Cogent Communications Holdings, Inc. was founded in 1999
and is headquartered in Washington, the District of Columbia.
On August 4, CCOI announced a quarterly dividend of $0.905 per share.
This is a 2.8%
increase from the prior dividend of $0.88.
Payable August 31 for
shareholders of record August 18, ex-div August 17.
Republic Services, Inc. (RSG)
Republic Services, Inc., together with its subsidiaries,
offers environmental services in the United States. The company offers
collection and processing of recyclable materials, collection, transfer and
disposal of non-hazardous solid waste, and other environmental solutions. The
company was incorporated in 1996 and is based in Phoenix, Arizona.
On August 4, RSG announced a quarterly dividend of $0.495 per share.
This is a 7.6%
increase from the prior dividend of $0.46.
Payable October 14 for
shareholders of record October 3, ex-div September 30.
Reinsurance Group of America, Incorporated (RGA)
Reinsurance Group of America, Incorporated engages in
reinsurance business. It offers individual and group life and health insurance
products, such as term life, credit life, universal life, whole life, group
life and health, joint and last survivor insurance, critical illness,
disability, and longevity products; asset-intensive and financial reinsurance products;
and other capital motivated solutions. Reinsurance Group of America,
Incorporated was founded in 1973 and is headquartered in Chesterfield,
Missouri.
On August 4, RGA announced a quarterly dividend of $0.80 per share.
This is a 2.8%
increase from the prior dividend of $0.73.
Payable August 30 for
shareholders of record August 16, ex-div August 15.
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