Dividend Increases: Week 43 (Part 2)



 

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, 25 companies announced dividend increases. Note that no dividend cuts or suspensions were announced during this period. This is the second 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.

 

 

 

 

West Pharmaceutical Services, Inc. (WST)

West Pharmaceutical Services, Inc. designs, manufactures, and sells containment and delivery systems for injectable drugs and healthcare products in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. It operates in two segments, Proprietary Products and Contract-Manufactured Products. West Pharmaceutical Services, Inc. was incorporated in 1923 and is headquartered in Exton, Pennsylvania.

On October 27, WST announced a quarterly dividend of $0.19 per share.

This is a 5.6% increase from the prior dividend of $0.18. 

Payable November 16 for shareholders of record November 9 ex-div November 8.

 

Rockwell Automation, Inc. (ROK)

Rockwell Automation, Inc. provides industrial automation and digital transformation solutions in the United States and internationally. The company operates in three segments, Intelligent Devices, Software & Control, and Lifecycle Services. Its solutions include hardware and software products, and services. Rockwell Automation, Inc. was founded in 1903 and is headquartered in Milwaukee, Wisconsin.

On October 27, ROK announced a quarterly dividend of $1.18 per share.

This is a 5.4% increase from the prior dividend of $1.12. 

Payable December 12 for shareholders of record November 14 ex-div November 10.

 

The Hartford Financial Services Group, Inc. (HIG)

The Hartford Financial Services Group, Inc. provides insurance and financial services to individual and business customers in the United States, the United Kingdom, and internationally. Its Commercial Lines segment offers workers’ compensation, property, automobile, liability, umbrella, bond, marine, livestock, and reinsurance; and customized insurance products and risk management services, including professional liability, bond, surety, and specialty casualty coverages through regional offices, branches, sales and policyholder service centers, independent retail agents and brokers, wholesale agents, and reinsurance brokers. The company was founded in 1810 and is headquartered in Hartford, Connecticut.

On October 27, HIG announced a quarterly dividend of $0.425 per share.

This is a 10.4% increase from the prior dividend of $0.385. 

Payable January 4 for shareholders of record December 1 ex-div November 30.

 

Community Healthcare Trust Incorporated (CHCT)

Community Healthcare Trust Incorporated is a real estate investment trust that focuses on owning income-producing real estate properties associated primarily with the delivery of outpatient healthcare services in our target sub-markets throughout the United States. The Company had investments of approximately $667.3 million in 131 real estate properties as of September 30, 2020, located in 33 states, totaling approximately 2.8 million square feet.

On October 27, CHCT announced a quarterly dividend of $0.445 per share.

This is a 0.6% increase from the prior dividend of $0.4425. 

Payable November 25 for shareholders of record November 10 ex-div November 9.

 

Exxon Mobil Corporation (XOM)

Exxon Mobil Corporation explores for and produces crude oil and natural gas in the United States and internationally. It operates through Upstream, Downstream, and Chemical segments. The company was founded in 1870 and is headquartered in Irving, Texas.

On October 28, XOM announced a quarterly dividend of $0.91 per share.

This is a 3.4% increase from the prior dividend of $0.88. 

Payable December 9.

 

 

The Gorman-Rupp Company (GRC)

The Gorman-Rupp Company designs, manufactures, and sells pumps and pump systems in the United States and internationally. The Gorman-Rupp Company was founded in 1933 and is headquartered in Mansfield, Ohio.

On October 28, GRC announced a quarterly dividend of $0.175 per share.

This is a 2.9% increase from the prior dividend of $0.17. 

Payable December 9 for shareholders of record November 15 ex-div November 14.

 

AbbVie Inc. (ABBV)

AbbVie Inc. discovers, develops, manufactures, and sells pharmaceuticals in the worldwide. The company was incorporated in 2012 and is headquartered in North Chicago, Illinois.

On October 28, ABBV announced a quarterly dividend of $1.48 per share.

This is a 5.0% increase from the prior dividend of $1.41. 

Payable February 15 for shareholders of record January 3.

 

Imperial Oil Limited (TSE:IMO)

Imperial Oil Limited engages in exploration, production, and sale of crude oil and natural gas in Canada. The company operates through three segments: Upstream, Downstream and Chemical segments. The company was incorporated in 1880 and is headquartered in Calgary, Canada. Imperial Oil Limited is a subsidiary of Exxon Mobil Corporation.

On October 28, IMO announced a quarterly dividend of C$0.44 per share.

This is a 29.4% increase from the prior dividend of C$0.34. 

Payable January 1 for shareholders of record December 2 ex-div December 1.

 

Tompkins Financial Corporation (TMP)

Tompkins Financial Corporation, a financial holding company, provides commercial and consumer banking, leasing, trust and investment management, financial planning and wealth management, and insurance services. The company operates in three segments: Banking, Insurance, and Wealth Management. Tompkins Financial Corporation was founded in 1836 and is headquartered in Ithaca, New York.

On October 28, TMP announced a quarterly dividend of $0.60 per share.

This is a 5.3% increase from the prior dividend of $0.57. 

Payable November 15 for shareholders of record November 8 ex-div November 7.

 

The First Bancshares, Inc. (FBMS)

The First Bancshares, Inc. operates as the bank holding company for The First, A National Banking Association that provides general commercial and retail banking services. The company operates through three segments: Commercial/Retail Bank, Mortgage Banking Division, and Holding Company. The First Bancshares, Inc. was incorporated in 1995 and is headquartered in Hattiesburg, Mississippi.

On October 28, FBMS announced a quarterly dividend of $0.20 per share.

This is a 5.3% increase from the prior dividend of $0.19. 

Payable November 25 for shareholders of record November 8 ex-div November 7.

 

 

Entergy Corporation (ETR)

Entergy Corporation, together with its subsidiaries, engages in the production and retail distribution of electricity in the United States. The company operates in two segments, Utility and Entergy Wholesale Commodities. The company was founded in 1913 and is headquartered in New Orleans, Louisiana.

On October 28, ETR announced a quarterly dividend of $1.07 per share.

This is a 5.9% increase from the prior dividend of $1.01. 

Payable December 1 for shareholders of record November 14 ex-div November 10.

 

Taitron Components Incorporated (TAIT)

Taitron Components Incorporated engages in the supply of original designed and manufactured (ODM) electronic components, and distribution of brand name electronic components. The company distributes discrete semiconductors, commodity integrated circuits, optoelectronic devices, and passive components. The company was incorporated in 1989 and is headquartered in Valencia, California.

On October 28, TAIT announced a quarterly dividend of $0.05 per share.

This is an 11.1% increase from the prior dividend of $0.045. 

Payable November 30 for shareholders of record November 11 ex-div November 9.

 

 

Archive of Dividend Increases


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