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 and one
announced a dividend cut. 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.
American Tower Corporation (AMT)
American Tower Corporation, one of the largest global REITs,
is a leading independent owner, operator and developer of multitenant
communications real estate with a portfolio of approximately 219,000
communications sites. For more information about American Tower, please visit
the “Earnings Materials” and “Investor Presentations” sections of our investor
relations website at www.americantower.com.
On December 8, AMT announced a quarterly dividend of $1.56 per share.
This is a 6.1%
increase from the prior dividend of $1.47.
Payable February 2 for
shareholders of record December 28 ex-div December 27.
Zoetis Inc. (ZTS)
Zoetis Inc. discovers, develops, manufactures, and
commercializes animal health medicines, vaccines, and diagnostic products in
the United States and internationally. It commercializes products primarily
across species, including livestock, such as cattle, swine, poultry, fish, and
sheep; and companion animals comprising dogs, cats, and horses. The company was
founded in 1952 and is headquartered in Parsippany, New Jersey.
On December 8, ZTS announced a quarterly dividend of $0.375 per share.
This is a 15.4%
increase from the prior dividend of $0.325.
Payable March 1 for
shareholders of record January 20 ex-div January 19.
Independent Bank Corp. (INDB)
Independent Bank Corp. operates as the bank holding company
for Rockland Trust Company that provides commercial banking products and
services to individuals and small-to-medium sized businesses primarily in
Massachusetts. The company accepts interest checking, money market, and savings
accounts, as well as demand deposits and time certificates of deposit. The
company was founded in 1907 and is headquartered in Rockland, Massachusetts.
On December 8, INDB announced a quarterly dividend of $0.55 per share.
This is a 7.8%
increase from the prior dividend of $0.51.
Payable January 6 for
shareholders of record December 27 ex-div December 23.
AXIS Capital Holdings Limited (AXS)
AXIS Capital Holdings Limited, through its subsidiaries,
provides various specialty insurance and reinsurance products worldwide. It
operates through two segments, Insurance and Reinsurance. The company was
founded in 2001 and is headquartered in Pembroke, Bermuda.
On December 8, AXS announced a quarterly dividend of $0.44 per share.
This is a 2.3%
increase from the prior dividend of $0.43.
Payable January 18 for
shareholders of record December 30 ex-div December 29.
Broadcom Inc. (AVGO)
Broadcom Inc. designs, develops, and supplies various
semiconductor devices with a focus on complex digital and mixed signal
complementary metal oxide semiconductor based devices and analog III-V based
products worldwide. The company operates in two segments, Semiconductor
Solutions and Infrastructure Software. Broadcom Inc. was incorporated in 2018
and is headquartered in San Jose, California.
On December 8, AVGO announced a quarterly dividend of $4.60 per share.
This is a 12.2%
increase from the prior dividend of $4.10.
Payable December 30
for shareholders of record December 20 ex-div December 19.
Bristol-Myers Squibb Company (BMY)
Bristol-Myers Squibb Company discovers, develops, licenses,
manufactures, and markets biopharmaceutical products worldwide. It offers
products for hematology, oncology, cardiovascular, immunology, fibrotic,
neuroscience, and covid-19 diseases. The company was founded in 1887 and is
headquartered in New York, New York.
On December 8, BMY announced a quarterly dividend of $0.57 per share.
This is a 5.6%
increase from the prior dividend of $0.54.
Payable February 1 for
shareholders of record January 6 ex-div January 5.
Ecolab Inc. (ECL)
Ecolab Inc. provides water, hygiene, and infection
prevention solutions and services in the United States and internationally. The
company operates through Global Industrial, Global Institutional &
Specialty, and Global Healthcare & Life Sciences segments. The company was
founded in 1923 and is headquartered in Saint Paul, Minnesota.
On December 8, ECL announced a quarterly dividend of $0.53 per share.
This is a 3.9%
increase from the prior dividend of $0.51.
Payable January 17 for
shareholders of record December 20 ex-div December 19.
Edison International (EIX)
Edison International, through its subsidiaries, generates
and distributes electric power. It delivers electricity to 15 million
residential, commercial, industrial, public authorities, agricultural, and
other customers across Southern, Central, and Coastal California. The company
was founded in 1886 and is headquartered in Rosemead, California.
On December 8, EIX announced a quarterly dividend of $0.7375 per share.
This is a 5.4%
increase from the prior dividend of $0.70.
Payable January 31 for
shareholders of record December 30 ex-div December 29.
Trinity Industries, Inc. (TRN)
Trinity Industries, Inc. provides rail transportation
products and services under the TrinityRail name in North America. It operates
in two segments, Railcar Leasing and Management Services Group, and Rail
Products Group. Trinity Industries, Inc. was incorporated in 1933 and is
headquartered in Dallas, Texas.
On December 8, TRN announced a quarterly dividend of $0.26 per share.
This is a 13.0%
increase from the prior dividend of $0.23.
Payable January 31 for
shareholders of record January 13 ex-div January 12.
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 December 8, WPC announced a quarterly dividend of $1.065 per share.
This is a 0.4%
increase from the prior dividend of $1.061.
Payable January 13 for
shareholders of record December 30 ex-div December 29.
Abbott Laboratories (ABT)
Abbott Laboratories, together with its subsidiaries,
discovers, develops, manufactures, and sells health care products worldwide. It
operates in four segments: Established Pharmaceutical Products, Diagnostic
Products, Nutritional Products, and Medical Devices. Abbott Laboratories was
founded in 1888 and is based in North Chicago, Illinois.
On December 9, ABT announced a quarterly dividend of $0.51 per share.
This is an 8.5%
increase from the prior dividend of $0.47.
Payable February 15
for shareholders of record January 13 ex-div January 12.
Pfizer Inc. (PFE)
Pfizer Inc. discovers, develops, manufactures, markets,
distributes, and sells biopharmaceutical products worldwide. It offers
medicines and vaccines in various therapeutic areas, including cardiovascular
metabolic and women’s health under the Premarin family and Eliquis brands;
biologics, small molecules, immunotherapies, and biosimilars under the Ibrance,
Xtandi, Sutent, Inlyta, Retacrit, Lorbrena, and Braftovi brands; and sterile
injectable and anti-infective medicines, and oral COVID-19 treatment under the
Sulperazon, Medrol, Zavicefta, Zithromax, Vfend, Panzyga, and Paxlovid brands. Pfizer
Inc. was founded in 1849 and is headquartered in New York, New York.
On December 9, PFE announced a quarterly dividend of $0.41 per share.
This is a 2.5%
increase from the prior dividend of $0.40.
Payable March 1 for
shareholders of record January 27 ex-div January 26.
Mondelez International, Inc. (MDLZ)
Mondelez International, Inc., through its subsidiaries,
manufactures, markets, and sells snack food and beverage products in the Latin
America, North America, Asia, the Middle East, Africa, and Europe. It provides
biscuits, including cookies, crackers, and salted snacks; chocolates; and gums
and candies, as well as various cheese and grocery, and powdered beverage
products. Mondelez International, Inc. was incorporated in 2000 and is
headquartered in Chicago, Illinois.
On December 9, MDLZ announced a quarterly dividend of $0.385 per share.
This is a 10.0%
increase from the prior dividend of $0.35.
Payable January 13 for
shareholders of record December 30 ex-div December 29.
Comments
Post a Comment