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, 6 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.
First Farmers Financial Corporation (FFMR)
First Farmers Financial Corporation operates as the financial holding company for First Farmers Bank & Trust that provides banking products and services to individuals, families, and businesses. The company offers checking and savings accounts, health savings accounts, youth accounts, business accounts, deposit and government accounts, certificates of deposit, and individual retirement accounts, as well as account management services; and mortgages and construction loans, first time home buyers loan, home equity loans, auto loans, collateral loans, and debit and credit cards. First Farmers Financial Corporation was founded in 1885 and is headquartered in Converse, Indiana.
On June 20, FFMR announced a quarterly dividend of $0.47.
This is a 2.2% increase from the prior dividend of $0.46.
Payable July 14 for shareholders of record June 30 ex-div June 29.
Fulton Financial Corporation (FULT)
Fulton Financial Corporation operates as a financial holding company that provides consumer and commercial banking products and services in Pennsylvania, Delaware, Maryland, New Jersey, and Virginia. It accepts various checking accounts and savings deposit products, certificates of deposit, and individual retirement accounts. Fulton Financial Corporation was founded in 1882 and is headquartered in Lancaster, Pennsylvania.
On June 20, FULT announced a quarterly dividend of $0.16.
This is a 6.7% increase from the prior dividend of $0.15.
Payable July 14 for shareholders of record July 3 ex-div June 30.
Investar Holding Corporation (ISTR)
Investar Holding Corporation operates as the bank holding company for Investar Bank that provides a range of commercial banking products to individuals, professionals, and small to medium-sized businesses in South Louisiana. The company offers various deposit products and services, such as savings, checking, money market, and individual retirement accounts, as well as various certificates of deposit; debit cards; and mobile banking services, as well as credit cards. Investar Holding Corporation was founded in 2006 and is headquartered in Baton Rouge, Louisiana.
On June 21, ISTR announced a quarterly dividend of $0.10.
This is a 5.3% increase from the prior dividend of $0.095.
Payable July 31 for shareholders of record July 3 ex-div June 30.
The Kroger Co. (KR)
The Kroger Co. operates as a food and drug retailer in the United States. The company operates combination food and drug stores, multi-department stores, marketplace stores, and price impact warehouses. Its combination food and drug stores offer natural food and organic sections, pharmacies, general merchandise, pet centers, fresh seafood, and organic produce; and multi-department stores provide apparel, home fashion and furnishings, outdoor living, electronics, automotive products, and toys. The Kroger Co. was founded in 1883 and is based in Cincinnati, Ohio.
On June 22, KR announced a quarterly dividend of $0.29.
This is a 11.5% increase from the prior dividend of $0.26.
Payable September 1 for shareholders of record August 15 ex-div August 14.
PSB Holdings, Inc. (PSBQ)
PSB Holdings, Inc. operates as the holding company for Peoples State Bank that provides a range of retail consumer and commercial banking products and services to individuals and businesses in Wisconsin. The company was founded in 1962 and is headquartered in Wausau, Wisconsin.
On June 22, PSBQ announced a semi-annual dividend of $0.30.
This is a 20.0% increase from the prior dividend of $0.25.
Payable July 28 for shareholders of record July 7 ex-div July 6.
Matson, Inc. (MATX)
Matson, Inc., together with its subsidiaries, provides ocean transportation and logistics services. The company’s Ocean Transportation segment offers ocean freight transportation services to the domestic non-contiguous economies of Hawaii, Alaska, and Guam, as well as to other island economies in Micronesia. Matson, Inc. was founded in 1882 and is headquartered in Honolulu, Hawaii.
On June 22, MATX announced a quarterly dividend of $0.32.
This is a 3.2% increase from the prior dividend of $0.31.
Payable September 7 for shareholders of record August 3 ex-div August 2.
Archive of Dividend Increases
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