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, 28 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.
First Financial Northwest, Inc. (FFNW)
First Financial Northwest, Inc. operates as the bank holding company for First Financial Northwest Bank that provides commercial banking services in Washington. The company offers a range of deposit products, including noninterest bearing accounts, interest-bearing demand accounts, money market accounts, statement savings accounts, and certificates of deposit. First Financial Northwest, Inc. was founded in 1923 and is headquartered in Renton, Washington.
On January 30, FFNW announced a quarterly dividend of $0.13.
This is an 8.3% increase from the prior dividend of $0.12.
Payable March 24 for shareholders of record March 14 ex-div March 13.
NXP Semiconductors N.V. (NXPI)
NXP Semiconductors N.V. offers various semiconductor products. The company’s product portfolio includes microcontrollers; application processors, communication processors, analog and interface devices as well as semiconductor-based environmental and inertial sensors. NXP Semiconductors N.V. was incorporated in 2006 and is headquartered in Eindhoven, the Netherlands.
On January 31, NXPI announced a quarterly dividend of $1.014.
This is a 20.0% increase from the prior dividend of $0.845.
Payable April 5 for shareholders of record March 15 ex-div March 14.
German American Bancorp, Inc. (GABC)
German American Bancorp, Inc. operates as a bank holding company for German American Bank that provides retail and commercial banking services. The company operates through three segments: Core Banking, Wealth Management Services, and Insurance Operations. German American Bancorp, Inc. was founded in 1910 and is based in Jasper, Indiana.
On January 31, GABC announced a quarterly dividend of $0.25.
This is an 8.7% increase from the prior dividend of $0.23.
Payable February 20 for shareholders of record February 10 ex-div February 9.
United Parcel Service, Inc. (UPS)
United Parcel Service, Inc. provides letter and package delivery, transportation, logistics, and related services. It operates through two segments, U.S. Domestic Package and International Package. United Parcel Service, Inc. was founded in 1907 and is headquartered in Atlanta, Georgia.
On January 31, UPS announced a quarterly dividend of $1.62.
This is a 6.6% increase from the prior dividend of $1.52.
Payable March 10 for shareholders of record February 21 ex-div February 17.
MSCI Inc. (MSCI)
MSCI Inc., together with its subsidiaries, provides investment decision support tools for the clients to manage their investment processes worldwide. It operates through four segments: Index, Analytics, ESG and Climate, and All Other – Private Assets. MSCI Inc. was incorporated in 1998 and is headquartered in New York, New York.
On January 31, MSCI announced a quarterly dividend of $1.38.
This is a 10.4% increase from the prior dividend of $1.25.
Payable February 28 for shareholders of record February 17 ex-div February 16.
Old Dominion Freight Line, Inc. (ODFL)
Old Dominion Freight Line, Inc. operates as a less-than-truckload (LTL) motor carrier in the United States and North America. It provides regional, inter-regional, and national LTL services, including expedited transportation. The company also offers various value-added services, such as container drayage, truckload brokerage, and supply chain consulting. Old Dominion Freight Line, Inc. was founded in 1934 and is headquartered in Thomasville, North Carolina.
On February 1, ODFL announced a quarterly dividend of $0.40.
This is a 33.3% increase from the prior dividend of $0.30.
Payable March 15 for shareholders of record March 1 ex-div February 28.
Schneider National, Inc. (SNDR)
Schneider National, Inc., together with its subsidiaries, provides surface transportation and logistics solutions in the United States, Canada, and Mexico. The company operates through three segments: Truckload, Intermodal, and Logistics. Schneider National, Inc. was founded in 1935 and is headquartered in Green Bay, Wisconsin.
On February 1, SNDR announced a quarterly dividend of $0.09.
This is a 12.5% increase from the prior dividend of $0.08.
Payable April 10 for shareholders of record March 10 ex-div March 9.
CSG Systems International, Inc. (CSGS)
CSG Systems International, Inc. provides revenue management and digital monetization, customer engagement, and payment solutions primarily to the communications industry in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company was incorporated in 1994 and is headquartered in Greenwood Village, Colorado.
On February 1, CSGS announced a quarterly dividend of $0.28.
This is a 5.7% increase from the prior dividend of $0.265.
Payable March 30 for shareholders of record March 17 ex-div March 16.
Eversource Energy (ES)
Eversource Energy, a public utility holding company, engages in the energy delivery business. The company operates through Electric Distribution, Electric Transmission, Natural Gas Distribution, and Water Distribution segments. The company was formerly known as Northeast Utilities and changed its name to Eversource Energy in April 2015. Eversource Energy is based in Springfield, Massachusetts.
On February 1, ES announced a quarterly dividend of $0.675.
This is a 5.9% increase from the prior dividend of $0.6375.
Payable March 31 for shareholders of record March 2 ex-div March 1.
Hawkins, Inc. (HWKN)
Hawkins, Inc. blends, manufactures, and distributes chemicals and other specialty ingredients in the United States and internationally. It operates through three segments: Industrial, Water Treatment, and Health and Nutrition. The company was founded in 1938 and is headquartered in Roseville, Minnesota.
On February 1, HWKN announced a quarterly dividend of $0.15.
This is a 7.1% increase from the prior dividend of $0.14.
Payable March 3 for shareholders of record February 17 ex-div February 16.
BCE Inc. (TSE:BCE)
BCE Inc., a telecommunications and media company, provides wireless, wireline, Internet, and television (TV) services to residential, business, and wholesale customers in Canada. The company operates through three segments: Bell Wireless, Bell Wireline, and Bell Media. BCE Inc. was founded in 1880 and is headquartered in Verdun, Canada.
On February 2, BCE announced a quarterly dividend of C$0.9675.
This is a 5.2% increase from the prior dividend of C$0.92.
Payable April 17 for shareholders of record March 15 ex-div March 14.
Quest Diagnostics Incorporated (DGX)
Quest Diagnostics Incorporated provides diagnostic testing, information, and services in the United States and internationally. The company develops and delivers diagnostic information services, such as routine testing, non-routine and advanced clinical testing, anatomic pathology testing, and other diagnostic information services. Quest Diagnostics Incorporated was founded in 1967 and is headquartered in Secaucus, New Jersey.
On February 2, DGX announced a quarterly dividend of $0.71.
This is a 7.6% increase from the prior dividend of $0.66.
Payable April 24 for shareholders of record April 10 ex-div April 7.
Brookfield Infrastructure Partners L.P. (BIP)
Brookfield Infrastructure Partners L.P. owns and operates utilities, transport, midstream, and data businesses in North and South America, Europe, and the Asia Pacific. The company was founded in 2007 and is based in Hamilton, Bermuda. Brookfield Infrastructure Partners L.P. is a subsidiary of Brookfield Asset Management Inc.
On February 2, BIP announced a quarterly dividend of $0.3825.
This is a 6.3% increase from the prior dividend of $0.36.
Payable March 31 for shareholders of record February 28 ex-div February 27.
CME Group Inc. (CME)
CME Group Inc., together with its subsidiaries, operates contract markets for the trading of futures and options on futures contracts worldwide. It offers futures and options products based on interest rates, equity indexes, foreign exchange, agricultural commodities, energy, and metals, as well as fixed income products. CME Group Inc. was founded in 1898 and is headquartered in Chicago, Illinois.
On February 2, CMR announced a quarterly dividend of $1.10.
This is a 10.0% increase from the prior dividend of $1.00.
Payable March 27 for shareholders of record March 10 ex-div March 9.
Archive of Dividend Increases
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