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,11 companies announced dividend increases and one announced a dividend cut.
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.
MGE Energy, Inc. (MGEE)
MGE Energy, Inc., through its subsidiaries, operates as a public utility holding company primarily in Wisconsin. It operates through Regulated Electric Utility Operations; Regulated Gas Utility Operations; Nonregulated Energy Operations; Transmission Investments; and All Other segments. MGE Energy, Inc. founded in 2001 and is headquartered in Madison, Wisconsin.
On August 18, MGEE announced a quarterly dividend of $0.4275.
This is a 4.9% increase from the prior dividend of $0.4075.
Payable September 15 for shareholders of record September 1 ex-div August 31.
Medical Properties Trust, Inc. (MPW)
Medical Properties Trust, Inc. is a self-advised real estate investment trust formed in 2003 to acquire and develop net-leased hospital facilities. From its inception in Birmingham, Alabama, the Company has grown to become one of the world’s largest owners of hospital real estate with 444 facilities and approximately 44,000 licensed beds in ten countries and across four continents.
On August 21, MPW announced a quarterly dividend of $0.15.
This is a 48.3% decrease from the prior dividend of $0.29.
Payable October 12 for shareholders of record September 14 ex-div September 13.
United Bancorp, Inc. (UBCP)
United Bancorp, Inc. operates as the bank holding company for Unified Bank that provides commercial and retail banking services in Ohio. It provides range of banking and financial services, which includes accepting demand, savings, and time deposits; and offers commercial, real estate and consumer loans. United Bancorp, Inc. was founded in 1902 and is headquartered in Martins Ferry, Ohio.
On August 21, UBCP announced a quarterly dividend of $0.1675.
This is a 1.5% increase from the prior dividend of $0.165.
Payable September 20 for shareholders of record September 8 ex-div September 7.
SS&C Technologies Holdings, Inc. (SSNC)
SS&C Technologies Holdings, Inc., together with its subsidiaries, provides software products and software-enabled services to financial services and healthcare industries. The company owns and operates technology stack across securities accounting; front-office functions, such as trading and modeling; middle-office functions include portfolio management and reporting; back-office functions, such as accounting, performance measurement, reconciliation, reporting, processing and clearing, and compliance and tax reporting; and healthcare solutions comprising claims adjudication, benefit management, care management, and business intelligence solutions. The company was founded in 1986 and is headquartered in Windsor, Connecticut.
On August 21, SSNC announced a quarterly dividend of $0.24.
This is a 20.0% increase from the prior dividend of $0.20.
Payable September 15 for shareholders of record September 1 ex-div August 31.
Atrion Corporation (ATRI)
Atrion Corporation, together with its subsidiaries, develops, manufactures, and sells products for fluid delivery, cardiovascular, and ophthalmology applications in the United States, Canada, Europe, and internationally. Atrion Corporation was founded in 1944 and is headquartered in Allen, Texas.
On August 22, ATRI announced a quarterly dividend of $2.20.
This is a 2.3% increase from the prior dividend of $2.15.
Payable September 29 for shareholders of record September 15 ex-div September 14.
First American Financial Corporation (FAF)
First American Financial Corporation, through its subsidiaries, provides financial services. It operates through Title Insurance and Services, and Specialty Insurance segments. The Title Insurance and Services segment issues title insurance policies on residential and commercial property, as well as offers related products and services. The company was founded in 1889 and is headquartered in Santa Ana, California.
On August 22, FAF announced a quarterly dividend of $0.53.
This is a 1.9% increase from the prior dividend of $0.52.
Payable September 15 for shareholders of record September 8 ex-div September 7.
Lam Research Corporation (LRCX)
Lam Research Corporation designs, manufactures, markets, refurbishes, and services semiconductor processing equipment used in the fabrication of integrated circuits. The company was incorporated in 1980 and is headquartered in Fremont, California.
On August 24, LRCX announced a quarterly dividend of $2.00.
This is a 15.6% increase from the prior dividend of $1.73.
Payable October 4 for shareholders of record September 13 ex-div September 12.
Altria Group, Inc. (MO)
Altria Group, Inc., through its subsidiaries, manufactures and sells smokeable and oral tobacco products in the United States. The company provides cigarettes primarily under the Marlboro brand; cigars and pipe tobacco principally under the Black & Mild brand; moist smokeless tobacco products and snus products under the Copenhagen, Skoal, Red Seal, and Husky brands; and on! oral nicotine pouches. It sells its tobacco products primarily to wholesalers, including distributors; and large retail organizations, such as chain stores. The company was founded in 1822 and is headquartered in Richmond, Virginia.
On August 24, MO announced a quarterly dividend of $0.98.
This is a 4.3% increase from the prior dividend of $0.94.
Payable October 10 for shareholders of record September 15 ex-div September 14.
Capital City Bank Group, Inc. (CCBG)
Capital City Bank Group, Inc. operates as the financial holding company for Capital City Bank that provides a range of banking services to individual and corporate clients. The company offers financing for commercial business properties, equipment, inventories, and accounts receivable, as well as commercial leasing and letters of credit; treasury management services; and merchant credit card transaction processing services. The company was founded in 1895 and is headquartered in Tallahassee, Florida.
On August 24, CCBG announced a quarterly dividend of $0.20.
This is an 11.1% increase from the prior dividend of $0.18.
Payable September 25 for shareholders of record September 11 ex-div September 8.
BancFirst Corporation (BANF)
BancFirst Corporation operates as the bank holding company for BancFirst that provides a range of commercial banking services to retail customers, and small to medium-sized businesses. The company operates through Metropolitan Banks, Community Banks, Pegasus, Worthington, and Other Financial Services segments. BancFirst Corporation was incorporated in 1984 and is headquartered in Oklahoma City, Oklahoma.
On August 24, BANF announced a quarterly dividend of $0.43.
This is a 7.5% increase from the prior dividend of $0.40.
Payable October 16 for shareholders of record September 29 ex-div September 28.
Summit Financial Group, Inc. (SMMF)
Summit Financial Group, Inc. operates as a financial holding company for Summit Community Bank, Inc. that provides community banking and other financial services to individuals and businesses primarily in the Eastern Panhandle, Southern and North Central regions of West Virginia and the Northern, Shenandoah Valley, and Southwestern regions of Virginia, and the Central region of Kentucky. The company was incorporated in 1987 and is headquartered in Moorefield, West Virginia.
On August 25, SMMF announced a quarterly dividend of $0.22.
This is a 10.0% increase from the prior dividend of $0.20.
Payable September 29 for shareholders of record September 15 ex-div September 14.
EastGroup Properties, Inc. (EGP)
EastGroup Properties, Inc. (NYSE: EGP), a member of the S&P Mid-Cap 400 and Russell 1000 Indexes, is a self-administered equity real estate investment trust focused on the development, acquisition and operation of industrial properties in major Sunbelt markets throughout the United States with an emphasis in the states of Florida, Texas, Arizona, California and North Carolina.
On August 25, EGP announced a quarterly dividend of $1.27.
This is a 1.6% increase from the prior dividend of $1.25.
Payable October 13 for shareholders of record September 29 ex-div September 28.
Archive of Dividend Increases
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