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, 24 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.
MPLX LP (MPLX)
MPLX LP owns and operates midstream energy infrastructure
and logistics assets primarily in the United States. It operates in two
segments, Logistics and Storage, and Gathering and Processing. The company was
incorporated in 2012 and is headquartered in Findlay, Ohio. MPLX LP operates as
a subsidiary of Marathon Petroleum Corporation.
On November 1, MPLX announced a quarterly dividend of $0.775 per share.
This is a 9.9%
increase from the prior dividend of $0.705.
Payable November 22
for shareholders of record November 15 ex-div November 14.
Triton International Limited (TRTN)
Triton International Limited engages in the acquisition,
leasing, re-leasing, and sale of various types of intermodal containers and
chassis to shipping lines, and freight forwarding companies and manufacturers.
It operates in two segments, Equipment Leasing and Equipment Trading. The
company was founded in 1980 and is based in Hamilton, Bermuda.
On November 1, TRTN announced a quarterly dividend of $0.70 per share.
This is a 7.7%
increase from the prior dividend of $0.65.
Payable December 22
for shareholders of record December 8 ex-div December 7.
Utah Medical Products, Inc. (UTMD)
Utah Medical Products, Inc. develops, manufactures, and
distributes medical devices for the healthcare industry. The company offers
fetal monitoring accessories, vacuum-assisted delivery systems, and other labor
and delivery tools. The company was incorporated in 1978 and is headquartered
in Midvale, Utah.
On November 1, UTMD announced a quarterly dividend of $0.295 per share.
This is a 1.7%
increase from the prior dividend of $0.29.
Payable January 4 for
shareholders of record December 16 ex-div December 15.
Emerson Electric Co. (EMR)
Emerson Electric Co., a technology and engineering company,
provides various solutions for customers in industrial, commercial, and residential
markets in the Americas, Asia, the Middle East, Africa, and Europe. The company
operates through Automation Solutions, and Commercial & Residential
Solutions segments. Emerson Electric Co. was incorporated in 1890 and is
headquartered in Saint Louis, Missouri.
On October 31, EMR announced a quarterly dividend of $0.52 per share.
This is a 1.0%
increase from the prior dividend of $0.515.
Payable December 8 for
shareholders of record November 11 ex-div November 10.
CDW Corporation (CDW)
CDW Corporation provides information technology (IT)
solutions in the United States, the United Kingdom, and Canada. It operates
through three segments: Corporate, Small Business, and Public. The company was
founded in 1984 and is headquartered in Vernon Hills, Illinois.
On November 2, CDW announced a quarterly dividend of $0.59 per share.
This is a 18.0%
increase from the prior dividend of $0.50.
Payable December 9 for
shareholders of record November 25 ex-div November 23.
Service Corporation International (SCI)
Service Corporation International provides deathcare
products and services in the United States and Canada. The company operates
through Funeral and Cemetery segments. The company was incorporated in 1962 and
is headquartered in Houston, Texas.
On November 2, SCI announced a quarterly dividend of $0.27 per share.
This is an 8.0%
increase from the prior dividend of $0.25.
Payable December 30
for shareholders of record December 15 ex-div December 14.
Waste Connections, Inc. (WCN)
Waste Connections, Inc. provides non-hazardous waste
collection, transfer, disposal, and resource recovery services in the United
States and Canada. It offers collection services to residential, commercial,
municipal, industrial, and exploration and production (E&P) customers;
landfill disposal services; and recycling services for various recyclable
materials, including compost, cardboard, mixed paper, plastic containers, glass
bottles, and ferrous and aluminum metals. Waste Connections, Inc. was founded
in 1997 and is based in Woodbridge, Canada.
On November 2, WCN announced a quarterly dividend of $0.255 per share.
This is a 10.9%
increase from the prior dividend of $0.23.
Payable December 1 for
shareholders of record November 16 ex-div November 15.
Huntington Ingalls Industries, Inc. (HII)
Huntington Ingalls Industries, Inc. engages in designing,
building, overhauling, and repairing military ships in the United States. It
operates through three segments: Ingalls Shipbuilding, Newport News
Shipbuilding, and Technical Solutions. Huntington Ingalls Industries, Inc. was
founded in 1886 and is headquartered in Newport News, Virginia.
On November 2, HII announced a quarterly dividend of $1.24 per share.
This is a 5.1%
increase from the prior dividend of $1.18.
Payable December 9 for
shareholders of record November 25 ex-div November 23.
Sun Life Financial Inc. (TSE:SLF)
Sun Life Financial Inc., a financial services company,
provides insurance, wealth, and asset management solutions to individuals and
corporate clients worldwide. It offers term and permanent life, as well as
personal health, dental, critical illness, long-term care, and disability
insurance products. The company was founded in 1871 and is headquartered in
Toronto, Canada.
On November 2, SLF announced a quarterly dividend of C$0.72 per share.
This is a 4.3%
increase from the prior dividend of C$0.69.
Payable December 30
for shareholders of record November 23 ex-div November 22.
Canadian Natural Resources Limited (TSE:CNQ)
Canadian Natural Resources Limited acquires, explores for,
develops, produces, markets, and sells crude oil, natural gas, and natural gas
liquids (NGLs). The company offers synthetic crude oil (SCO), light and medium
crude oil, bitumen (thermal oil), primary heavy crude oil, and Pelican Lake
heavy crude oil. Canadian Natural Resources Limited was incorporated in 1973
and is headquartered in Calgary, Canada.
On November 3, CNQ announced a quarterly
dividend of C$0.85 per share.
This is a 13.3%
increase from the prior dividend of C$0.75.
Payable January 5 for
shareholders of record December 16 ex-div December 15.
ConocoPhillips (COP)
ConocoPhillips explores for, produces, transports, and
markets crude oil, bitumen, natural gas, liquefied natural gas (LNG), and
natural gas liquids worldwide. It primarily engages in the conventional and tight
oil reservoirs, shale gas, heavy oil, LNG, oil sands, and other production
operations. ConocoPhillips was founded in 1917 and is headquartered in Houston,
Texas.
On November 3, COP announced a quarterly dividend of $0.51 per share.
This is a 10.9%
increase from the prior dividend of $0.46.
Payable December 1 for
shareholders of record November 15 ex-div November 14.
CRA International, Inc. (CRAI)
CRA International, Inc., together with its subsidiaries, provides
economic, financial, and management consulting services in the United States,
the United Kingdom, and internationally. It advises clients on economic and
financial matters pertaining to litigation and regulatory proceedings; and
guides corporations through business strategy and performance-related issues. CRA
International, Inc. was incorporated in 1965 and is headquartered in Boston,
Massachusetts.
On November 3, CRAI announced a quarterly dividend of $0.36 per share.
This is a 16.1%
increase from the prior dividend of $0.31.
Payable December 9 for
shareholders of record November 29 ex-div November 28.
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