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, 32 companies announced dividend increases and one announced a dividend cut. 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.
AMERISAFE, Inc. (AMSF)
AMERISAFE, Inc., an insurance holding company, underwrites workers’ compensation insurance in the United States. The company’s workers’ compensation insurance policies provide benefits to injured employees for temporary or permanent disability, death, and medical and hospital expenses. The company was incorporated in 1985 and is based in DeRidder, Louisiana.
On February 20, AMSF announced a quarterly dividend of $0.34.
This is a 9.7% increase from the prior dividend of $0.31.
Payable March 24 for shareholders of record March 10 ex-div March 9.
The Home Depot, Inc. (HD)
The Home Depot, Inc. operates as a home improvement retailer. It operates The Home Depot stores that sell various building materials, home improvement products, lawn and garden products, and décor products, as well as facilities maintenance, repair, and operations products The company also offers installation services for flooring, cabinets and cabinet makeovers, countertops, furnaces and central air systems, and windows. In addition, it provides tool and equipment rental services. The Home Depot, Inc. was incorporated in 1978 and is based in Atlanta, Georgia.
On February 21, HD announced a quarterly dividend of $2.09.
This is a 10.0% increase from the prior dividend of $1.90.
Payable March 23 for shareholders of record March 9 ex-div March 8.
Walker & Dunlop, Inc. (WD)
Walker & Dunlop, Inc., through its subsidiaries, originates, sells, and services a range of multifamily and other commercial real estate financing products and services for owners and developers of real estate in the United States. The company offers first mortgage, second trust, supplemental, construction, mezzanine, preferred equity, small-balance, and bridge/interim loans. Walker & Dunlop, Inc. was founded in 1937 and is headquartered in Bethesda, Maryland.
On February 21, WD announced a quarterly dividend of $0.63.
This is a 5.0% increase from the prior dividend of $0.60.
Payable March 23 for shareholders of record March 8 ex-div March 7.
Walmart Inc. (WMT)
Walmart Inc. engages in the operation of retail, wholesale, and other units worldwide. The company operates through three segments: Walmart U.S., Walmart International, and Sam's Club. It operates supercenters, supermarkets, hypermarkets, warehouse clubs, cash and carry stores, and discount stores; membership-only warehouse clubs; ecommerce websites, such as walmart.com, walmart.com.mx, walmart.ca, flipkart.com, and samsclub.com; and mobile commerce applications. The company was founded in 1945 and is based in Bentonville, Arkansas.
On February 21, WMT announced a quarterly dividend of $0.7.
This is a 1.8% increase from the prior dividend of $0.56.
Payable April 3 for shareholders of record March 17 ex-div March 16.
Perrigo Company plc (PRGO)
Perrigo Company plc provides over-the-counter (OTC) health and wellness solutions that enhance individual well-being by empowering consumers to prevent or treat conditions that can be self-managed. The company operates through two segments, Consumer Self-Care Americas and Consumer Self-Care International. Perrigo Company plc was founded in 1887 and is headquartered in Dublin, Ireland.
On February 21, PRGO announced a quarterly dividend of $0.273.
This is a 5.0% increase from the prior dividend of $0.26.
Payable March 23 for shareholders of record March 10 ex-div March 9.
Alerus Financial Corporation (ALRS)
Alerus Financial Corporation, through its subsidiary, Alerus Financial, National Association, provides various financial services to businesses and consumers. The company operates in four segments: Banking, Retirement and Benefit Services, Wealth Management, and Mortgage. Alerus Financial Corporation was founded in 1879 and is headquartered in Grand Forks, North Dakota.
On February 21, ALRS announced a quarterly dividend of $0.18.
This is a 5.0% increase from the prior dividend of $0.16.
Payable April 14 for shareholders of record March 15 ex-div March 14.
Diamondback Energy, Inc. (FANG)
Diamondback Energy, Inc., an independent oil and natural gas company, focuses on the acquisition, development, exploration, and exploitation of unconventional and onshore oil and natural gas reserves in the Permian Basin in West Texas. Diamondback Energy, Inc. was founded in 2007 and is headquartered in Midland, Texas.
On February 21, FANG announced a quarterly dividend of $0.80.
This is a 6.7% increase from the prior dividend of $0.75.
Payable March 10 for shareholders of record March 3 ex-div March 2.
Silgan Holdings Inc. (SLGN)
Silgan Holdings Inc., together with its subsidiaries, manufactures and sells rigid packaging for consumer goods products in North America, Europe, and internationally. It operates through three segments: Dispensing and Specialty Closures, Metal Containers, and Custom Containers. Silgan Holdings Inc. was founded in 1987 and is headquartered in Stamford, Connecticut.
On February 21, SLGN announced a quarterly dividend of $0.18.
This is a 12.5% increase from the prior dividend of $0.16.
Payable March 31 for shareholders of record March 17 ex-div March 16.
Genuine Parts Company (GPC)
Genuine Parts Company distributes automotive replacement parts, and industrial parts and materials. It operates through Automotive Parts Group and Industrial Parts Group segments. The company was incorporated in 1928 and is headquartered in Atlanta, Georgia.
On February 21, GPC announced a quarterly dividend of $0.95.
This is a 6.1% increase from the prior dividend of $0.895.
Payable April 3 for shareholders of record March 3 ex-div March 2.
Evans Bancorp, Inc. (EVBN)
Evans Bancorp, Inc. primarily operates as the financial holding company for Evans Bank, N.A. that provides a range of banking products and services to consumer and commercial customers in Western New York and the Finger Lakes Region of New York State. It operates in two segments, Banking Activities and Insurance Agency Activities. Evans Bancorp, Inc. was founded in 1920 and is headquartered in Williamsville, New York.
On February 22, EVBN announced a semi-annual dividend of $0.66.
This is a 3.1% increase from the prior dividend of $0.64.
Payable April 4 for shareholders of record March 10 ex-div March 9.
Intel Corporation (INTC)
Intel Corporation designs, develops, manufactures, markets, and sells computing and related products worldwide. It operates through Client Computing Group, Data Center and AI, Network and Edge, Mobileye, Accelerated Computing Systems and Graphics, Intel Foundry Services, and Other segments. The company was incorporated in 1968 and is headquartered in Santa Clara, California.
On February 22, INTC announced a quarterly dividend of $0.125.
This is a 65.8% decrease from the prior dividend of $0.365.
Payable June 1 for shareholders of record May 7 ex-div May 4.
Assured Guaranty Ltd. (AGO)
Assured Guaranty Ltd., through its subsidiaries, provides credit protection products to public finance, infrastructure, and structured finance markets in the United States and internationally. The company operates in two segments, Insurance and Asset Management. Assured Guaranty Ltd. was incorporated in 2003 and is headquartered in Hamilton, Bermuda.
On February 22, AGO announced a quarterly dividend of $0.28.
This is a 12.0% increase from the prior dividend of $0.25.
Payable March 22 for shareholders of record March 8 ex-div March 7.
M&T Bank Corporation (MTB)
M&T Bank Corporation operates as a bank holding company that provides commercial and retail banking services. The company’s Business Banking segment offers deposit, lending, cash management, and other financial services to small businesses and professionals. M&T Bank Corporation was founded in 1856 and is headquartered in Buffalo, New York.
On February 22, MTB announced a quarterly dividend of $1.30.
This is an 8.3% increase from the prior dividend of $1.20.
Payable March 31 for shareholders of record March 6 ex-div March 3.
McGrath RentCorp (MGRC)
McGrath RentCorp operates as a business to business rental company in the United States and internationally. It rents and sells relocatable modular buildings, portable storage containers, electronic test equipment and related accessories, and liquid and solid containment tanks and boxes. The company operates through four segments: Mobile Modular, TRS-RenTelco, Adler Tanks, and Enviroplex. The company was incorporated in 1979 and is headquartered in Livermore, California.
On February 22, MGRC announced a quarterly dividend of $0.465.
This is a 2.2% increase from the prior dividend of $0.455.
Payable April 28 for shareholders of record April 14 ex-div April 13.
Danaher Corporation (DHR)
Danaher Corporation designs, manufactures, and markets professional, medical, industrial, and commercial products and services worldwide. The company operates through three segments: Life Sciences, Diagnostics, and Environmental & Applied Solutions. Danaher Corporation was founded in 1969 and is headquartered in Washington, the District of Columbia.
On February 22, DHR announced a quarterly dividend of $0.27.
This is an 8.0% increase from the prior dividend of $0.25.
Payable April 28 for shareholders of record March 31 ex-div March 30.
Thermo Fisher Scientific Inc. (TMO)
Thermo Fisher Scientific Inc. offers life sciences solutions, analytical instruments, specialty diagnostics, and laboratory products and service worldwide. The company’s Life Sciences Solutions segment offers reagents, instruments, and consumables for biological and medical research, discovery, and production of drugs and vaccines, as well as diagnosis of infections and diseases to pharmaceutical, biotechnology, agricultural, clinical, healthcare, academic, and government markets. The company was incorporated in 1956 and is based in Waltham, Massachusetts.
On February 22, TMO announced a quarterly dividend of $0.35.
This is a 16.7% increase from the prior dividend of $0.30.
Payable April 14 for shareholders of record March 15 ex-div March 14.
Xcel Energy Inc. (XEL)
Xcel Energy Inc., through its subsidiaries, generates, purchases, transmits, distributes, and sells electricity. It operates through Regulated Electric Utility, Regulated Natural Gas Utility, and All Other segments. The company generates electricity through coal, nuclear, natural gas, hydroelectric, solar, biomass, oil, wood/refuse, and wind energy sources. Xcel Energy Inc. was incorporated in 1909 and is headquartered in Minneapolis, Minnesota.
On February 22, XEL announced a quarterly dividend of $0.52.
This is a 6.7% increase from the prior dividend of $0.4875.
Payable April 20 for shareholders of record March 15 ex-div March 14.
Archive of Dividend Increases
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