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.
McKesson Corporation (MCK)
McKesson Corporation provides healthcare services in the United States and internationally. It operates through four segments: U.S. Pharmaceutical, Prescription Technology Solutions (RxTS), Medical-Surgical Solutions, and International. McKesson Corporation was founded in 1833 and is headquartered in Irving, Texas.
On July 24, MCK announced a quarterly dividend of $0.62.
This is a 14.8% increase from the prior dividend of $0.54.
Payable October 2 for shareholders of record September 1 ex-div August 31.
NextEra Energy Partners, LP (NEP)
NextEra Energy Partners, LP acquires, owns, and manages contracted clean energy projects in the United States. It owns a portfolio of contracted renewable generation assets consisting of wind, solar, and battery storage projects, as well as contracted natural gas pipeline assets. NextEra Energy Partners, LP was incorporated in 2014 and is headquartered in Juno Beach, Florida.
On July 25, NEP announced a quarterly dividend of $0.854.
This is a 1.4% increase from the prior dividend of $0.8425.
Payable August 14 for shareholders of record August 4 ex-div August 3.
Eagle Bancorp Montana, Inc. (EBMT)
Eagle Bancorp Montana, Inc. operates as the bank holding company for Opportunity Bank of Montana that provides various retail banking products and services to small businesses and individuals in Montana. It accepts various deposit products, such as checking, savings, money market, and individual retirement accounts, as well as certificates of deposit accounts. Eagle Bancorp Montana, Inc. was founded in 1922 and is headquartered in Helena, Montana.
On July 25, EBMT announced a quarterly dividend of $0.14.
This is a 1.8% increase from the prior dividend of $0.1375.
Payable September 1 for shareholders of record August 11 ex-div August 10.
Cintas Corporation (CTAS)
Cintas Corporation provides corporate identity uniforms and related business services primarily in the United States, Canada, and Latin America. It operates through Uniform Rental and Facility Services, First Aid and Safety Services, and All Other segments. Cintas Corporation was founded in 1968 and is headquartered in Cincinnati, Ohio.
On July 25, CTAS announced a quarterly dividend of $1.35.
This is a 17.4% increase from the prior dividend of $1.15.
Payable September 15 for shareholders of record August 15 ex-div August 14.
Comfort Systems USA, Inc. (FIX)
Comfort Systems USA, Inc. provides mechanical and electrical installation, renovation, maintenance, repair, and replacement services for the mechanical and electrical services industry in the United States. Comfort Systems USA, Inc. was incorporated in 1996 and is based in Houston, Texas.
On July 26, FIX announced a quarterly dividend of $0.225.
This is a 12.5% increase from the prior dividend of $0.20.
Payable August 28 for shareholders of record August 17 ex-div August 16.
STERIS plc (STE)
STERIS plc provides infection prevention products and services worldwide. It operates through four segments: Healthcare, Applied Sterilization Technologies, Life Sciences, and Dental. The company was founded in 1985 and is based in Dublin, Ireland.
On July 26, STE announced a quarterly dividend of $0.52.
This is a 10.6% increase from the prior dividend of $0.47.
Payable September 22 for shareholders of record September 6 ex-div September 5.
Quaker Chemical Corporation (KWR)
Quaker Chemical Corporation develops, produces, and markets various formulated chemical specialty products for a range of heavy industrial and manufacturing applications. The company operates through four segments: Americas; Europe, Middle East, and Africa; Asia/Pacific; and Global Specialty Businesses. Quaker Chemical Corporation was founded in 1918 and is headquartered in Conshohocken, Pennsylvania.
On July 26, KWR announced a quarterly dividend of $0.455.
This is a 4.6% increase from the prior dividend of $0.435.
Payable October 31 for shareholders of record October 17 ex-div October 16.
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 was incorporated in 2012 and is headquartered in Brentwood, Tennessee. Delek Logistics Partners, LP operates as a subsidiary of Delek US Holdings, Inc.
On July 26, DKL announced a quarterly dividend of $1.035.
This is a 1.0% increase from the prior dividend of $1.025.
Payable August 14 for shareholders of record August 7 ex-div August 4.
The First Bancshares, Inc. (FBMS)
The First Bancshares, Inc. operates as the bank holding company for The First Bank that provides general commercial and retail banking services. The company operates through three segments: Commercial/Retail Bank, Mortgage Banking Division, and Holding Company. The First Bancshares, Inc. was incorporated in 1995 and is headquartered in Hattiesburg, Mississippi.
On July 26, FBMS announced a quarterly dividend of $0.23.
This is a 4.5% increase from the prior dividend of $0.22.
Payable August 24 for shareholders of record August 8 ex-div August 7.
Community Trust Bancorp, Inc. (CTBI)
Community Trust Bancorp, Inc. operates as the bank holding company for Community Trust Bank, Inc. that provides commercial and personal banking services to small and mid-sized communities. Community Trust Bancorp, Inc. was founded in 1903 and is headquartered in Pikeville, Kentucky.
On July 26, CTBI announced a quarterly dividend of $0.2346.
This is a 4.5% increase from the prior dividend of $0.44.
Payable October 1 for shareholders of record September 15 ex-div September 14.
The Hershey Company (HSY)
The Hershey Company, together with its subsidiaries, engages in the manufacture and sale of confectionery products and pantry items in the United States and internationally. The company operates through three segments: North America Confectionery, North America Salty Snacks, and International. The company was founded in 1894 and is headquartered in Hershey, Pennsylvania.
On July 27, HSY announced a quarterly dividend of $1.192.
This is a 15.1% increase from the prior dividend of $1.036.
Payable September 15 for shareholders of record August 18 ex-div August 17.
FirstCash Holdings, Inc. (FCFS)
FirstCash Holdings, Inc, together with its subsidiaries, operates retail pawn stores in the United States, Mexico, and rest of Latin America. FirstCash Holdings, Inc, together with its subsidiaries, operates retail pawn stores in the United States, Mexico, and rest of Latin America.
On July 27, FCFS announced a quarterly dividend of $0.35.
This is a 6.1% increase from the prior dividend of $0.33.
Payable August 31 for shareholders of record August 15 ex-div August 14.
Westamerica Bancorporation (WABC)
Westamerica Bancorporation operates as a bank holding company for the Westamerica Bank that provides various banking products and services to individual and commercial customers. The company accepts various deposit products, including retail savings and checking accounts, as well as certificates of deposit. The company was founded in 1884 and is headquartered in San Rafael, California.
On July 27, WABC announced a quarterly dividend of $0.44.
This is a 4.8% increase from the prior dividend of $0.42.
Payable August 18 for shareholders of record August 7 ex-div August 4.
SouthState Corporation (SSB)
SouthState Corporation operates as the bank holding company for SouthState Bank, National Association that provides a range of banking services and products to individuals and companies. It offers checking accounts, savings deposits, interest-bearing transaction accounts, certificates of deposits, money market accounts, and other time deposits. SouthState Corporation was founded in 1933 and is headquartered in Winter Haven, Florida.
On July 27, SSB announced a quarterly dividend of $0.52.
This is a 4.0% increase from the prior dividend of $0.50.
Payable August 18 for shareholders of record August 11 ex-div August 10.
Civista Bancshares, Inc. (CIVB)
Civista Bancshares, Inc. operates as the financial holding company for Civista Bank that provides community banking services. It collects a range of customer deposits; and offers commercial and agriculture, commercial and residential real estate, farm real estate, real estate construction, consumer, and other loans, as well as letters of credit. Civista Bancshares, Inc. was founded in 1884 and is headquartered in Sandusky, Ohio.
On July 27, CIVB announced a quarterly dividend of $0.16.
This is a 6.7% increase from the prior dividend of $0.15.
Payable August 22 for shareholders of record August 8 ex-div August 7.
The Clorox Company (CLX)
The Clorox Company manufactures and markets consumer and professional products worldwide. It operates through four segments: Health and Wellness, Household, Lifestyle, and International. The company was founded in 1913 and is headquartered in Oakland, California.
On July 27, CLX announced a quarterly dividend of $1.20.
This is a 1.7% increase from the prior dividend of $1.18.
Payable August 25 for shareholders of record August 9 ex-div August 8.
Stanley Black & Decker, Inc. (SWK)
Stanley Black & Decker, Inc. engages in the tools and storage and industrial businesses in the United States, Canada, rest of Americas, France, rest of Europe, and Asia. Stanley Black & Decker, Inc. was founded in 1843 and is headquartered in New Britain, Connecticut.
On July 27, SWK announced a quarterly dividend of $0.81.
This is a 1.3% increase from the prior dividend of $0.80.
Payable September 19 for shareholders of record September 5 ex-div September 1.
Community Healthcare Trust Incorporated (CHCT)
Community Healthcare Trust Incorporated is a real estate investment trust that focuses on owning income-producing real estate properties associated primarily with the delivery of outpatient healthcare services in our target sub-markets throughout the United States. As of March 31, 2023, the Company had investments of approximately $974.0 million in 181 real estate properties . The properties are located in 34 states, totaling approximately 4.0 million square feet in the aggregate.
On July 27, CHCT announced a quarterly dividend of $0.4525.
This is a 0.6% increase from the prior dividend of $0.45.
Payable August 25 for shareholders of record August 11 ex-div August 10.
TMX Group Limited (TSE:X)
TMX Group Limited operates exchanges, markets, and clearinghouses primarily for capital markets in Canada and internationally. It operates through four segments: Global Solutions, Insights & Analytics; Capital Formation; Derivatives Trading & Clearing; and Equities and Fixed Income Trading & Clearing. TMX Group Limited was incorporated in 2011 and is headquartered in Toronto, Canada.
On July 27, X announced a quarterly dividend of C$0.18.
This is a 3.4% increase from the prior dividend of C$0.174.
Payable August 25 for shareholders of record August 11 ex-div August 10.
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 July 28, ABR announced a quarterly dividend of $0.43.
This is a 2.4% increase from the prior dividend of $0.42.
Payable August 31 for shareholders of record August 15 ex-div August 14.
Kellogg Company (K)
Kellogg Company, together with its subsidiaries, manufactures and markets snacks and convenience foods. The company operates through four segments: North America, Europe, Latin America, and Asia Middle East Africa. Kellogg Company was founded in 1906 and is headquartered in Battle Creek, Michigan.
On July 28, K announced a quarterly dividend of $0.60.
This is a 1.7% increase from the prior dividend of $0.59.
Payable September 15 for shareholders of record September 1 ex-div August 31.
Archive of Dividend Increases
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