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, 41 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.
California Water Service Group (CWT)
California Water Service Group, through its subsidiaries, provides water utility and other related services in California, Washington, New Mexico, Hawaii, and Texas. The company is involved in the production, purchase, storage, treatment, testing, distribution, and sale of water for domestic, industrial, public, and irrigation uses, as well as for fire protection. The company was founded in 1926 and is headquartered in San Jose, California.
On January 25, CWT announced a quarterly dividend of $0.26.
This is a 4.0% increase from the prior dividend of $0.25.
Payable February 17 for shareholders of record February 6 ex-div February 3.
Cadence Bank (CADE)
Cadence Bank provides commercial banking and financial services in the United States. Its products and services include consumer banking, consumer loans, mortgages, home equity lines and loans, credit cards, commercial and business banking, treasury management, specialized and asset-based lending, commercial real estate, equipment financing, and correspondent banking services. The company was incorporated in 1876 and is headquartered in Tupelo, Mississippi.
On January 25, CADE announced a quarterly dividend of $0.235.
This is a 6.8% increase from the prior dividend of $0.22.
Payable April 3 for shareholders of record March 15 ex-div March 14.
Home Bancshares, Inc. (HOMB)
Home Bancshares, Inc. (Conway, AR) operates as the bank holding company for Centennial Bank that provides commercial and retail banking, and related financial services to businesses, real estate developers and investors, individuals, and municipalities. Home Bancshares, Inc. (Conway, AR) was founded in 1998 and is headquartered in Conway, Arkansas.
On January 25, HOMB announced a quarterly dividend of $0.18.
This is a 9.1% increase from the prior dividend of $0.165.
Payable March 8 for shareholders of record February 15 ex-div February 14.
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 January 25, FBMS announced a quarterly dividend of $0.21.
This is a 5.0% increase from the prior dividend of $0.20.
Payable February 24 for shareholders of record February 8 ex-div February 7.
S&T Bancorp, Inc. (STBA)
S&T Bancorp, Inc. operates as the bank holding company for S&T Bank that provides retail and commercial banking products and services. The company operates through six segments: Commercial Real Estate, Commercial and Industrial, Business Banking, Commercial Construction, Consumer Real Estate, and Other Consumer. S&T Bancorp, Inc. was founded in 1902 and is headquartered in Indiana, Pennsylvania.
On January 25, STBA announced a quarterly dividend of $0.32.
This is a 3.2% increase from the prior dividend of $0.31.
Payable February 23 for shareholders of record February 10 ex-div February 9.
Archer-Daniels-Midland Company (ADM)
Archer-Daniels-Midland Company procures, transports, stores, processes, and merchandises agricultural commodities, products, and ingredients in the United States, Switzerland, Cayman Islands, Brazil, Mexico, the United Kingdom, and internationally. The company operates through three segments: Ag Services and Oilseeds, Carbohydrate Solutions, and Nutrition. The company was founded in 1902 and is headquartered in Chicago, Illinois.
On January 26, ADM announced a quarterly dividend of $0.45.
This is a 12.5% increase from the prior dividend of $0.40.
Payable March 2 for shareholders of record February 9 ex-div February 8.
Comcast Corporation (CMCSA)
Comcast Corporation operates as a media and technology company worldwide. It operates through Cable Communications, Media, Studios, Theme Parks, and Sky segments. Comcast Corporation was founded in 1963 and is headquartered in Philadelphia, Pennsylvania.
On January 26, CMCSA announced a quarterly dividend of $0.29.
This is a 7.4% increase from the prior dividend of $0.27.
Payable April 26 for shareholders of record April 5 ex-div April 4.
Heritage Financial Corporation (HFWA)
Heritage Financial Corporation operates as the bank holding company for Heritage Bank that provides various financial services to small and medium sized businesses and individuals in the United States. Heritage Financial Corporation was founded in 1927 and is headquartered in Olympia, Washington.
On January 26, HFWA announced a quarterly dividend of $0.22.
This is a 4.8% increase from the prior dividend of $0.21.
Payable February 22 for shareholders of record February 8 ex-div February 7.
East West Bancorp, Inc. (EWBC)
East West Bancorp, Inc. operates as the bank holding company for East West Bank that provides a range of personal and commercial banking services to businesses and individuals. It operates through three segments: Consumer and Business Banking, Commercial Banking, and Other. East West Bancorp, Inc. was incorporated in 1998 and is headquartered in Pasadena, California.
On January 26, EWBC announced a quarterly dividend of $0.48.
This is a 20.0% increase from the prior dividend of $0.40.
Payable February 21 for shareholders of record February 6 ex-div February 3.
SJW Group (SJW)
SJW Group, through its subsidiaries, provides water utility services in the United States. It engages in the production, purchase, storage, purification, distribution, wholesale, and retail sale of water and wastewater services. SJW Group was incorporated in 1985 and is headquartered in San Jose, California.
On January 26, SJW announced a quarterly dividend of $0.38.
This is a 5.6% increase from the prior dividend of $0.36.
Payable March 1 for shareholders of record February 6 ex-div February 3.
Applied Industrial Technologies, Inc. (AIT)
Applied Industrial Technologies, Inc. distributes industrial motion, power, control, and automation technology solutions in North America, Australia, New Zealand, and Singapore. It operates through two segments, Service Center Based Distribution, and Fluid Power & Flow Control. The company was founded in 1923 and is headquartered in Cleveland, Ohio.
On January 26, AIT announced a quarterly dividend of $0.35.
This is a 2.9% increase from the prior dividend of $0.34.
Payable February 28 for shareholders of record February 15 ex-div February 14.
FS Bancorp, Inc. (FSBW)
FS Bancorp, Inc. operates as a bank holding company for 1st Security Bank of Washington that provides banking and financial services to local families, local and regional businesses, and industry niches. The company operates in two segments, Commercial and Consumer Banking. The company was founded in 1936 and is headquartered in Mountlake Terrace, Washington.
On January 26, FSBW announced a quarterly dividend of $0.25.
This is a 25% increase from the prior dividend of $0.20.
Payable February 23 for shareholders of record February 9 ex-div February 8.
Air Products and Chemicals, Inc. (APD)
Air Products and Chemicals, Inc. provides atmospheric gases, process and specialty gases, equipment, and related services in the Americas, Asia, Europe, the Middle East, India, and internationally. The company was founded in 1940 and is headquartered in Allentown, Pennsylvania.
On January 26, APD announced a quarterly dividend of $1.75.
This is an 8.0% increase from the prior dividend of $1.62.
Payable May 8 for shareholders of record April 3 ex-div March 31.
Wintrust Financial Corporation (WTFC)
Wintrust Financial Corporation operates as a financial holding company. It operates in three segments: Community Banking, Specialty Finance, and Wealth Management. Wintrust Financial Corporation was founded in 1991 and is headquartered in Rosemont, Illinois.
On January 26, WTFC announced a quarterly dividend of $0.40.
This is a 17.6% increase from the prior dividend of $0.34.
Payable February 23 for shareholders of record February 9 ex-div February 8.
Hilltop Holdings Inc. (HTH)
Hilltop Holdings Inc. provides business and consumer banking, and financial products and services. It operates through three segments: Banking, Broker-Dealer, and Mortgage Origination. Hilltop Holdings Inc. was founded in 1998 and is headquartered in Dallas, Texas.
On January 26, HTH announced a quarterly dividend of $0.16.
This is a 6.7% increase from the prior dividend of $0.15.
Payable February 24 for shareholders of record February 10 ex-div February 9.
Alliant Energy Corporation (LNT)
Alliant Energy Corporation operates as a utility holding company that provides regulated electricity and natural gas services. It operates through three segments: Utility Electric Operations, Utility Gas Operations, and Utility Other. The company was incorporated in 1981 and is headquartered in Madison, Wisconsin.
On January 26, LNT announced a quarterly dividend of $0.4525.
This is a 5.8% increase from the prior dividend of $0.4275.
Payable February 15 for shareholders of record January 31ex-div January 30.
NiSource Inc. (NI)
NiSource Inc., an energy holding company, operates as a regulated natural gas and electric utility company in the United States. It operates through two segments, Gas Distribution Operations and Electric Operations. The company distributes natural gas to approximately 853,000 customers in northern Indiana, as well as approximately 2.4 million residential, commercial, and industrial customers in Ohio, Pennsylvania, Virginia, Kentucky, and Maryland. NiSource Inc. was founded in 1847 and is headquartered in Merrillville, Indiana.
On January 26, NI announced a quarterly dividend of $0.25.
This is a 6.4% increase from the prior dividend of $0.235.
Payable February 17 for shareholders of record February 7 ex-div February 6.
Nexstar Media Group, Inc. (NXST)
Nexstar Media Group, Inc., a television broadcasting and digital media company, focuses on the acquisition, development, and operation of television stations and interactive community websites and digital media services in the United States. The company offers free programming to television viewing audiences.
On January 27, NXST announced a quarterly dividend of $1.35.
This is a 50.0% increase from the prior dividend of $0.90.
Payable February 24 for shareholders of record February 10 ex-div February 9.
Peoples Financial Services Corp. (PFIS)
Peoples Financial Services Corp. operates as the bank holding company for Peoples Security Bank and Trust Company that provides various commercial and retail banking services. The company accepts money market, NOW, savings, individual retirement, demand deposit, and certificates of deposit accounts. The company was founded in 1905 and is headquartered in Scranton, Pennsylvania.
On January 27, PFIS announced a quarterly dividend of $0.41.
This is a 2.5% increase from the prior dividend of $0.40.
Payable March 15 for shareholders of record February 28 ex-div February 27.
First Business Financial Services, Inc. (FBIZ)
First Business Financial Services, Inc. operates as the bank holding company for First Business Bank that provides commercial banking products and services for small and medium-sized businesses, business owners, executives, professionals, and high net worth individuals. The company offers deposit products, such as non-interest-bearing transaction accounts, interest-bearing transaction accounts, money market accounts, time deposits, and certificates of deposit, as well as credit cards. First Business Financial Services, Inc. was founded in 1909 and is headquartered in Madison, Wisconsin.
On January 27, FBIZ announced a quarterly dividend of $0.2275.
This is a 15.2% increase from the prior dividend of $0.1975.
Payable February 16 for shareholders of record February 6 ex-div February 3.
Cincinnati Financial Corporation (CINF)
Cincinnati Financial Corporation, together with its subsidiaries, provides property casualty insurance products in the United States. The company operates through five segments: Commercial Lines Insurance, Personal Lines Insurance, Excess and Surplus Lines Insurance, Life Insurance, and Investments. Cincinnati Financial Corporation was founded in 1950 and is headquartered in Fairfield, Ohio.
On January 27, CINF announced a quarterly dividend of $0.75.
This is a 8.7% increase from the prior dividend of $0.69.
Payable April 14 for shareholders of record March 17 ex-div March 16.
Archive of Dividend Increases
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