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, 21 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.
Delek Logistics Partners, LP (DKL)
Delek Logistics Partners, LP owns and operates logistics and marketing assets for crude oil, and intermediate and refined products in the United States. It operates through four segments: Gathering and Processing, Wholesale Marketing and Terminalling, Storage and Transportation, and Investment in Pipeline Joint Ventures. Delek Logistics Partners, LP operates as a subsidiary of Delek US Holdings, Inc.
On April 28, DKL announced a quarterly dividend of $1.025.
This is a 0.5% increase from the prior dividend of $1.02.
Payable May 15 for shareholders of record May 8 ex-div May 5.
MSA Safety Incorporated (MSA)
MSA Safety Incorporated develops, manufactures, and supplies safety products and software that protect people and facility infrastructures in the oil, gas, petrochemical, fire service, construction, industrial manufacturing applications, heating, ventilation, air conditioning and refrigeration, utilities, military, and mining industries in North America, Latin America, and internationally. MSA Safety Incorporated was founded in 1914 and is based in Cranberry Township, Pennsylvania.
On May 2, MSA announced a quarterly dividend of $0.47.
This is a 2.2% increase from the prior dividend of $0.46.
Payable June 10 for shareholders of record May 16 ex-div May 15.
Expeditors International of Washington, Inc. (EXPD)
Expeditors International of Washington, Inc., together with its subsidiaries, provides logistics services in the Americas, North Asia, South Asia, Europe, the Middle East, Africa, and India. The company was incorporated in 1979 and is headquartered in Seattle, Washington.
On May 2, EXPD announced a quarterly dividend of $0.69.
This is a 3.0% increase from the prior dividend of $0.67.
Payable June 15 for shareholders of record June 1 ex-div May 31.
Watts Water Technologies, Inc. (WTS)
Watts Water Technologies, Inc. supplies products and solutions that manage and conserve the flow of fluids and energy into, through, and out of buildings in the commercial, industrial, and residential markets in the Americas, Europe, the Asia-Pacific, the Middle East, and Africa. Watts Water Technologies, Inc. was founded in 1874 and is headquartered in North Andover, Massachusetts.
On May 2, WTS announced a quarterly dividend of $0.36.
This is a 20% increase from the prior dividend of $0.30.
Payable June 15 for shareholders of record June 1 ex-div May 31.
Griffon Corporation (GFF)
Griffon Corporation, through its subsidiaries, provides consumer and professional, and home and building products in the United States, Europe, Canada, Australia, and internationally. Griffon Corporation was founded in 1774 and is headquartered in New York, New York.
On May 3, GFF announced a quarterly dividend of $0.125.
This is a 25% increase from the prior dividend of $0.10.
Payable June 15 for shareholders of record May 25 ex-div May 24.
Chesapeake Utilities Corporation (CPK)
Chesapeake Utilities Corporation operates as an energy delivery company. The company operates through two segments, Regulated Energy and Unregulated Energy. The company was founded in 1859 and is headquartered in Dover, Delaware.
On May 3, CPK announced a quarterly dividend of $0.59.
This is a 9.3% increase from the prior dividend of $0.54.
Payable July 5 for shareholders of record June 15 ex-div June 14.
UGI Corporation (UGI)
UGI Corporation, through its subsidiaries, distributes, stores, transports, and markets energy products and related services in the United States and internationally. The company operates through four segments: AmeriGas Propane, UGI International, Midstream & Marketing, and UGI Utilities. UGI Corporation was incorporated in 1991 and is headquartered in King of Prussia, Pennsylvania.
On May 3, UGI announced a quarterly dividend of $0.375.
This is a 4.2% increase from the prior dividend of $0.36.
Payable July 1 for shareholders of record June 15 ex-div June 14.
First Industrial Realty Trust, Inc. (FR)
First Industrial Realty Trust, Inc. (NYSE: FR) is a leading fully integrated owner, operator, and developer of industrial real estate with a track record of providing industry-leading customer service to multinational corporations and regional customers. Across major markets in the United States, our local market experts manage, lease, buy, (re)develop, and sell bulk and regional distribution centers, light industrial, and other industrial facility types.
On May 3, FR announced a quarterly dividend of $0.32.
This is an 8.5% increase from the prior dividend of $0.295.
Payable July 17 for shareholders of record June 30 ex-div June 29.
FactSet Research Systems Inc. (FDS)
FactSet Research Systems Inc., a financial data and analytics company, provides integrated financial information and analytical applications to the investment community in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company delivers insight and information through the workflow solutions of research, analytics and trading, content and technology solutions, and wealth. It serves portfolio managers, investment banks, asset managers, wealth advisors, corporate clients, and other financial services entities. FactSet Research Systems Inc. was founded in 1978 and is headquartered in Norwalk, Connecticut.
On May 4, FDS announced a quarterly dividend of $0.8.
This is a 10.1% increase from the prior dividend of $0.89.
Payable June 15 for shareholders of record May 31 ex-div May 30.
TELUS Corporation (TSE:T)
TELUS Corporation, together with its subsidiaries, provides a range of telecommunications and information technology products and services in Canada. It operates through Technology Solutions and Digitally-Led Customer Experiences segments. TELUS Corporation was incorporated in 1998 and is based in Vancouver, Canada.
On May 4, T announced a quarterly dividend of C$0.3636.
This is a 3.6% increase from the prior dividend of C$0.3511.
Payable July 4 for shareholders of record June 9 ex-div June 8.
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 May 4, CCOI announced a quarterly dividend of $0.935.
This is a 1.1% increase from the prior dividend of $0.925.
Payable June 2 for shareholders of record May 18 ex-div May 17.
Leggett & Platt, Incorporated (LEG)
Leggett & Platt, Incorporated designs, manufactures, and markets engineered components and products worldwide. It operates through three segments: Bedding Products; Specialized Products; and Furniture, Flooring & Textile Products. The company was founded in 1883 and is based in Carthage, Missouri.
On May 4, LEG announced a quarterly dividend of $0.46.
This is a 4.5% increase from the prior dividend of $0.44.
Payable July 14 for shareholders of record June 15 ex-div June 14.
Apple Inc. (AAPL)
Apple Inc. designs, manufactures, and markets smartphones, personal computers, tablets, wearables, and accessories worldwide. The company offers iPhone, a line of smartphones; Mac, a line of personal computers; iPad, a line of multi-purpose tablets; and wearables, home, and accessories comprising AirPods, Apple TV, Apple Watch, Beats products, and HomePod. Apple Inc. was incorporated in 1977 and is headquartered in Cupertino, California.
On May 4, AAPL announced a quarterly dividend of $0.24.
This is a 4.3% increase from the prior dividend of $0.23.
Payable May 18 for shareholders of record May 15 ex-div May 12.
Pool Corporation (POOL)
Pool Corporation distributes swimming pool supplies, equipment, and related leisure products in the United States and internationally. The company offers maintenance products, including chemicals, supplies, and pool accessories; repair and replacement parts for pool equipment, such as cleaners, filters, heaters, pumps, and lights; and building materials, such as concrete, plumbing and electrical components, functional and decorative pool surfaces, decking materials, tiles, hardscapes, and natural stones for pool installations and remodeling. Pool Corporation was incorporated in 1993 and is headquartered in Covington, Louisiana.
On May 4, POOL announced a quarterly dividend of $1.10.
This is a 10.0% increase from the prior dividend of $1.00.
Payable May 31 for shareholders of record May 17 ex-div May 16.
Microchip Technology Incorporated (MCHP)
Microchip Technology Incorporated develops, manufactures, and sells smart, connected, and secure embedded control solutions in the Americas, Europe, and Asia. The company offers general purpose 8-bit, 16-bit, and 32-bit microcontrollers; 32-bit embedded microprocessors markets; and specialized microcontrollers for automotive, industrial, computing, communications, lighting, power supplies, motor control, human machine interface, security, wired connectivity, and wireless connectivity applications. Microchip Technology Incorporated was incorporated in 1989 and is headquartered in Chandler, Arizona.
On May 4, MCHP announced a quarterly dividend of $0.383.
This is a 7.0% increase from the prior dividend of $0.358.
Payable June 5 for shareholders of record May 22 ex-div May 19.
RLI Corp. (RLI)
RLI Corp., an insurance holding company, underwrites property and casualty insurance in the United States and internationally. Its Casualty segment provides commercial and personal coverage products; and general liability products, such as coverage for third-party liability of commercial insureds, including manufacturers, contractors, apartments, and mercantile. RLI Corp. was founded in 1965 and is headquartered in Peoria, Illinois.
On May 4, RLI announced a quarterly dividend of $0.27.
This is a 3.8% increase from the prior dividend of $0.26.
Payable June 20 for shareholders of record May 31 ex-div May 30.
Arbor Realty Trust, Inc. (ABR)
Arbor Realty Trust, Inc. invests in a diversified portfolio of structured finance assets in the multifamily, single-family rental, and commercial real estate markets in the United States. The company operates in two segments, Structured Business and Agency Business. Arbor Realty Trust, Inc. was incorporated in 2003 and is headquartered in Uniondale, New York.
On May 5, ABR announced a quarterly dividend of $0.42.
This is a 5.0% increase from the prior dividend of $0.40.
Payable May 31 for shareholders of record May 19 ex-div May 18.
The Timken Company (TKR)
The Timken Company designs, manufactures, and manages engineered bearings and industrial motion products worldwide. It operates in two segments, Mobile Industries and Process Industries. The Timken Company was founded in 1899 and is headquartered in North Canton, Ohio.
On May 5, TKR announced a quarterly dividend of $0.33.
This is a 6.5% increase from the prior dividend of $0.31.
Payable May 30 for shareholders of record May 16 ex-div May 15.
AGCO Corporation (AGCO)
AGCO Corporation manufactures and distributes agricultural equipment and related replacement parts worldwide. It offers horsepower tractors for row crop production, soil cultivation, planting, land leveling, seeding, and commercial hay operations; utility tractors for small- and medium-sized farms, as well as for dairy, livestock, orchards, and vineyards; and compact tractors for small farms, specialty agricultural industries, landscaping, equestrian, and residential uses. The company was founded in 1990 and is headquartered in Duluth, Georgia.
On May 2, AGCO announced a quarterly dividend of $0.29.
This is a 20.8% increase from the prior dividend of $0.24.
Payable June 15 for shareholders of record May 15 ex-div May 12.
ManpowerGroup Inc. (MAN)
ManpowerGroup Inc. provides workforce solutions and services in the Americas, Southern Europe, Northern Europe, and the Asia Pacific Middle East region. The company offers recruitment services, including permanent, temporary, and contract recruitment of professionals, as well as administrative and industrial positions under the Manpower and Experis brands. The company was incorporated in 1948 and is headquartered in Milwaukee, Wisconsin.
On May 5, MAN announced a semi-annual dividend of $1.47.
This is an 8.1% increase from the prior dividend of $1.36.
Payable June 15 for shareholders of record June 1 ex-div May 31.
Main Street Capital (MAIN)
Main Street Capital Corporation is a business development company specializes in equity capital to lower middle market companies. The firm specializing in recapitalizations, management buyouts, refinancing, family estate planning, management buyouts, refinancing, industry consolidation, mature, later stage emerging growth. Main Street Capital Corporation was founded in 2007 and is based in Houston, Texas with an additional office in Chojnów, Poland.
On May 2, MAIN announced a monthly dividend of $0.23.
This is a 2.2% increase from the prior dividend of $0.225.
Payable July 14 for shareholders of record July 7 ex-div July 6.
Archive of Dividend Increases
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