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 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.
Old Republic International Corporation (ORI)
Old Republic International Corporation, through its subsidiaries, engages in the insurance underwriting and related services business primarily in the United States and Canada. The company operates through three segments: General Insurance, Title Insurance, and the Republic Financial Indemnity Group Run-off Business. The company was founded in 1923 and is based in Chicago, Illinois.
On February 23, ORI announced a quarterly dividend of $0.245.
This is a 6.5% increase from the prior dividend of $0.23.
Payable March 15 for shareholders of record March 6 ex-div March 3.
Domino's Pizza, Inc. (DPZ)
Domino's Pizza, Inc., through its subsidiaries, operates as a pizza company in the United States and internationally. It operates through three segments: U.S. Stores, International Franchise, and Supply Chain. Domino's Pizza, Inc. was founded in 1960 and is based in Ann Arbor, Michigan.
On February 23, DPZ announced a quarterly dividend of $1.21.
This is a 10.0% increase from the prior dividend of $1.10.
Payable March 30 for shareholders of record March 15 ex-div March 14.
Cogent Communications Holdings, Inc. (CCOI)
Cogent Communications Holdings, Inc., through its subsidiaries, provides high-speed Internet access, private network, and data center colocation space services in North America, Europe, Asia, South America, Australia, and Africa. Cogent Communications Holdings, Inc. was founded in 1999 and is headquartered in Washington, the District of Columbia.
On February 23, CCOI announced a quarterly dividend of $0.925.
This is a 1.1% increase from the prior dividend of $0.915.
Payable March 24 for shareholders of record March 10 ex-div March 9.
United Bancorp, Inc. (UBCP)
United Bancorp, Inc. operates as the bank holding company for Unified Bank that provides commercial and retail banking services in Ohio. It accepts demand, savings, and time deposits, as well as grants commercial, commercial and residential real estate, and consumer loans. United Bancorp, Inc. was founded in 1902 and is headquartered in Martins Ferry, Ohio.
On February 23, UBCP announced a quarterly dividend of $0.1625.
This is a 3.2% increase from the prior dividend of $0.1575.
Payable March 20 for shareholders of record March 10 ex-div March 9.
Eaton Corporation plc (ETN)
Eaton Corporation plc operates as a power management company worldwide. The company’s Electrical Americas and Electrical Global segment provides electrical components, industrial components, power distribution and assemblies, residential products, single and three phase power quality and connectivity products, wiring devices, circuit protection products, utility power distribution products, power reliability equipment, and services, as well as hazardous duty electrical equipment, emergency lighting, fire detection, explosion-proof instrumentation, and structural support systems. Eaton Corporation plc was founded in 1911 and is based in Dublin, Ireland.
On February 23, ETN announced a quarterly dividend of $0.86.
This is a 6.2% increase from the prior dividend of $0.81.
Payable March 24 for shareholders of record March 6 ex-div March 3.
C&F Financial Corporation (CFFI)
C&F Financial Corporation operates as a bank holding company for Citizens and Farmers Bank that provides banking services to individuals and businesses. The company’s Retail Banking offers various banking services, including checking and savings deposit accounts, as well as business, real estate, development, mortgage, home equity, and installment loans. C&F Financial Corporation was founded in 1927 and is headquartered in West Point, Virginia.
On February 23, CFFI announced a quarterly dividend of $0.44.
This is a 4.8% increase from the prior dividend of $0.42.
Payable April 1 for shareholders of record March 15 ex-div March 14.
Universal Display Corporation (OLED)
Universal Display Corporation engages in the research, development, and commercialization of organic light emitting diode (OLED) technologies and materials for use in display and solid-state lighting applications. It owns, exclusively licenses, or has sole rights to sublicense approximately 5,500 issued and pending patents worldwide. Universal Display Corporation was founded in 1985 and is headquartered in Ewing, New Jersey.
On February 23, OLED announced a quarterly dividend of $0.35.
This is a 16.7% increase from the prior dividend of $0.30.
Payable March 31 for shareholders of record March 17 ex-div March 16.
Capital City Bank Group, Inc. (CCBG)
Capital City Bank Group, Inc. operates as the financial holding company for Capital City Bank that provides a range of banking and banking-related services to individual and corporate clients. The company offers financing for commercial business properties, equipment, inventories, and accounts receivable, as well as commercial leasing and letters of credit; treasury management services; and merchant credit card transaction processing services. The company was founded in 1895 and is headquartered in Tallahassee, Florida.
On February 23, CCBG announced a quarterly dividend of $0.18.
This is a 5.9% increase from the prior dividend of $0.17.
Payable March 20 for shareholders of record March 6 ex-div March 3.
Cohen & Steers, Inc. (CNS)
Cohen & Steers, Inc. is a publicly owned asset management holding company. Through its subsidiaries, the firm provides its services to institutional investors, including pension funds, endowments, and foundations. It manages separate client-focused equity, fixed income, multi-asset, and commodity portfolios through its subsidiaries. Cohen & Steers, Inc. was founded in 1986 and is based in New York, with additional offices in London, United Kingdom; Central, Hong Kong; Tokyo, Japan; and Seattle, Washington.
On February 23, CNS announced a quarterly dividend of $0.57.
This is a 3.6% increase from the prior dividend of $0.55.
Payable March 16 for shareholders of record March 6 ex-div March 3.
Essex Property Trust, Inc. (ESS)
Essex Property Trust, Inc., an S&P 500 company, is a fully integrated real estate investment trust (REIT) that acquires, develops, redevelops, and manages multifamily residential properties in selected West Coast markets. Essex currently has ownership interests in 246 apartment communities comprising approximately 60,000 apartment homes with an additional 6 properties in various stages of active development.
On February 23, ESS announced a quarterly dividend of $2.31.
This is a 5.0% increase from the prior dividend of $2.20.
Payable April 14 for shareholders of record March 31 ex-div March 30.
Globe Life Inc. (GL)
Globe Life Inc., through its subsidiaries, provides various life and supplemental health insurance products, and annuities to lower middle to middle income households in the United States. The company operates through four segments: Life Insurance, Supplemental Health Insurance, Annuities, and Investments. Globe Life Inc. was incorporated in 1979 and is headquartered in McKinney, Texas.
On February 23, GL announced a quarterly dividend of $0.225.
This is an 8.4% increase from the prior dividend of $0.2075.
Payable May 1 for shareholders of record April 3 ex-div March 31.
Albemarle Corporation (ALB)
Albemarle Corporation develops, manufactures, and markets engineered specialty chemicals worldwide. It operates through three segments: Lithium, Bromine, and Catalysts. Albemarle Corporation was founded in 1887 and is headquartered in Charlotte, North Carolina.
On February 23, ALB announced a quarterly dividend of $0.40.
This is a 1.3% increase from the prior dividend of $0.395.
Payable April 3 for shareholders of record March 17 ex-div March 16.
L3Harris Technologies, Inc. (LHX)
L3Harris Technologies, Inc., an aerospace and defense technology company, provides mission-critical solutions for government and commercial customers worldwide. The company’s Integrated Mission Systems segment provides multi-mission intelligence, surveillance, and reconnaissance (ISR) systems; and communication systems, as well as fleet management support, sensor development, modification, and periodic depot maintenance services for ISR and airborne missions. L3Harris Technologies, Inc. was founded in 1895 and is headquartered in Melbourne, Florida.
On February 24, LXH announced a quarterly dividend of $1.14.
This is a 1.8% increase from the prior dividend of $1.12.
Payable March 24 for shareholders of record March 10 ex-div March 9.
Prologis, Inc. (PLD)
Prologis, Inc. is the global leader in logistics real estate with a focus on high-barrier, high-growth markets. As of December 31, 2020, the company owned or had investments in, on a wholly owned basis or through co-investment ventures, properties and development projects expected to total approximately 984 million square feet (91 million square meters) in 19 countries.
On February 24, PLD announced a quarterly dividend of $0.87.
This is a 10.1% increase from the prior dividend of $0.79.
Payable March 31 for shareholders of record March 17 ex-div March 16.
BWX Technologies, Inc. (BWXT)
BWX Technologies, Inc. manufactures and sells nuclear components in the United States, Canada, and internationally. It operates in three segments: Nuclear Operations Group, Nuclear Power Group, and Nuclear Services Group. BWX Technologies, Inc. was founded in 1867 and is headquartered in Lynchburg, Virginia.
On February 24, BWXT announced a quarterly dividend of $0.23.
This is a 4.5% increase from the prior dividend of $0.22.
Payable March 28 for shareholders of record March 10 ex-div March 9.
Northrim BanCorp, Inc. (NRIM)
Northrim BanCorp, Inc. operates as the bank holding company for Northrim Bank that provides commercial banking products and services to businesses and professional individuals. It operates in two segments, Community Banking and Home Mortgage Lending. Northrim BanCorp, Inc. was founded in 1990 and is headquartered in Anchorage, Alaska.
On February 24, NRIM announced a quarterly dividend of $0.60.
This is a 20.0% increase from the prior dividend of $0.50.
Payable March 17 for shareholders of record March 9 ex-div March 8.
Archive of Dividend Increases
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