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, 9 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.
Cabot Corporation (CBT)
Cabot Corporation operates as a specialty chemicals and performance materials company. The company operates through two segments, Reinforcement Materials and Performance Chemicals. Cabot Corporation was founded in 1882 and is headquartered in Boston, Massachusetts.
On May 8, CBT announced a quarterly dividend of $0.40.
This is an 8.1% increase from the prior dividend of $0.37.
Payable June 9 for shareholders of record May 26 ex-div May 25.
Artesian Resources Corporation (ARTNA)
Artesian Resources Corporation, through its subsidiaries, provides water, wastewater, and other services in Delaware, Maryland, and Pennsylvania. The company distributes and sells water to residential, commercial, industrial, governmental, municipal, and utility customers, as well as for public and private fire protection in the states of Delaware, Maryland, and Pennsylvania; and offers wastewater collection, treatment infrastructure, and wastewater services to customers in Delaware. Artesian Resources Corporation was founded in 1905 and is headquartered in Newark, Delaware.
On May 9, ARTNA announced a quarterly dividend of $0.284.
This is a 2.2% increase from the prior dividend of $0.278.
Payable May 26 for shareholders of record May 19 ex-div May 18.
National Bank Holdings Corporation (NBHC)
National Bank Holdings Corporation operates as the bank holding company for NBH Bank that provides various banking products and financial services to commercial, business, and consumer clients in the United States. It offers deposit products, including checking, savings, money market, and other deposit accounts, including fixed-rate and fixed maturity time deposits. The company was incorporated in 2009 and is headquartered in Greenwood Village, Colorado.
On May 9, NBHC announced a quarterly dividend of $0.26.
This is a 4.0% increase from the prior dividend of $0.25.
Payable June 15 for shareholders of record May 26 ex-div May 25.
iA Financial Corporation Inc. (TSE:IAG)
iA Financial Corporation Inc., through its subsidiary, Industrial Alliance Insurance and Financial Services Inc., provides various life and health insurance products in Canada and the United States. The company operates through Individual Insurance, Individual Wealth Management, Group Insurance, Group Savings and Retirement, and US Operations businesses. iA Financial Corporation Inc. was founded in 1892 and is headquartered in Québec, Canada.
On May 10, IAG announced a quarterly dividend of C$0.765.
This is a 13.3% increase from the prior dividend of C$0.675.
Payable June 15 for shareholders of record May 26 ex-div May 25.
Curtiss-Wright Corporation (CW)
Curtiss-Wright Corporation, together with its subsidiaries, provides engineered products, solutions, and services to the aerospace, defense, general industrial, and power generation markets worldwide. It operates through three segments: Aerospace & Industrial, Defense Electronics, and Naval & Power. Curtiss-Wright Corporation was founded in 1929 and is headquartered in Davidson, North Carolina.
On May 10, CW announced a quarterly dividend of $0.20.
This is a 5.3% increase from the prior dividend of $0.19.
Payable July 5 for shareholders of record June 16 ex-div June 15.
First Merchants Corporation (FRME)
First Merchants Corporation operates as the financial holding company for First Merchants Bank that provides community banking services. The company accepts time, savings, and demand deposits; and provides consumer, commercial, agri-business, public finance, and real estate mortgage loans. The company was founded in 1893 and is headquartered in Muncie, Indiana.
On May 10, FRME announced a quarterly dividend of $0.34.
This is a 6.3% increase from the prior dividend of $0.32.
Payable June 16 for shareholders of record June 2 ex-div June 1.
Cardinal Health, Inc. (CAH)
Cardinal Health, Inc. operates as an integrated healthcare services and products company in the United States, Canada, Europe, Asia, and internationally. It provides customized solutions for hospitals, healthcare systems, pharmacies, ambulatory surgery centers, clinical laboratories, physician offices, and patients in the home. The company was incorporated in 1979 and is headquartered in Dublin, Ohio.
On May 11, CAH announced a quarterly dividend of $0.5006.
This is a 1.0% increase from the prior dividend of $0.4957.
Payable July 15 for shareholders of record July 3 ex-div June 30.
Hamilton Beach Brands Holding Company (HBB)
Hamilton Beach Brands Holding Company, together with its subsidiaries, designs, markets, and distributes small electric household and specialty housewares appliances in the United States and internationally. It offers air fryers, blenders, food processors, coffee makers, indoor electric grills, irons, juicers, mixers, slow cookers, toasters, and toaster ovens. Hamilton Beach Brands Holding Company was founded in 1904 and is headquartered in Glen Allen, Virginia.
On May 11, HBB announced a quarterly dividend of $0.11.
This is a 10.0% increase from the prior dividend of $0.10.
Payable June 16 for shareholders of record June 2 ex-div June 1.
Ashland Inc. (ASH)
Ashland Inc. provides additives and specialty ingredients worldwide. It operates through Life Sciences, Personal Care, Specialty Additives, and Intermediates segments. Ashland Inc. was founded in 1924 and is headquartered in Wilmington, Delaware.
On May 11, ASH announced a quarterly dividend of $0.385.
This is a 14.9% increase from the prior dividend of $0.335.
Payable June 15 for shareholders of record June 1 ex-div May 31.
Archive of Dividend Increases
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