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, 4 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.
The Procter & Gamble Company (PG)
The Procter & Gamble Company provides branded consumer packaged goods worldwide. It operates through five segments: Beauty; Grooming; Health Care; Fabric & Home Care; and Baby, Feminine & Family Care. The Procter & Gamble Company was founded in 1837 and is headquartered in Cincinnati, Ohio.
On April 11, PG announced a quarterly dividend of $0.9407.
This is a 3.0% increase from the prior dividend of $0.9311.
Payable May 15 for shareholders of record April 21 ex-div April 20.
Star Group, L.P. (SGU)
Star Group, L.P. sells home heating and air conditioning products and services to residential and commercial home heating oil and propane customers in the United States. It also sells diesel fuel, gasoline, and home heating oil on a delivery only basis, as well as provide plumbing services; and installs maintains, and repairs heating and air conditioning equipment. Star Group, L.P. was incorporated in 1995 and is based in Stamford, Connecticut.
On April 13, SGU announced a quarterly distribution of $0.1625.
This is a 6.6% increase from the prior distribution of $0.1525.
Payable May 2 for shareholders of record April 24 ex-div April 21.
Agree Realty Corporation (ADC)
Agree Realty Corporation is a publicly traded real estate investment trust primarily engaged in the acquisition and development of properties net leased to industry-leading retail tenants. As of September 30, 2020, the Company owned and operated a portfolio of 1,027 properties, located in 45 states and containing approximately 21.0 million square feet of gross leasable area.
On April 13, ADC announced a monthly dividend of $0.243.
This is a 1.3% increase from the prior dividend of $0.24.
Payable May 12 for shareholders of record April 28 ex-div April 27.
Aon plc (AON)
Aon plc, a professional services firm, provides advice and solutions to clients focused on risk, retirement, and health worldwide. It offers commercial risk solutions, including retail brokerage, specialty solutions, global risk consulting and captives management, and affinity programs; and health solutions, such as health and benefits brokerages, and health care exchanges. Aon plc was founded in 1919 and is headquartered in Dublin, Ireland.
On April 14, AON announced a quarterly dividend of $0.615.
This is a 9.8% increase from the prior dividend of $0.56.
Payable May 15 for shareholders of record May 1 ex-div April 28.
Archive of Dividend Increases
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