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, 5 companies announced dividend increases. Note that no dividend cuts or suspensions were announced during this period.
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.
American Financial Group, Inc. (AFG)
American Financial Group, Inc., an insurance holding company, provides specialty property and casualty insurance products in the United States. It offers property and transportation insurance products, such as physical damage and liability coverage for buses and trucks, inland and ocean marine, agricultural-related products, and other commercial property and specialty transportation coverages. American Financial Group, Inc. was founded in 1872 and is headquartered in Cincinnati, Ohio.
On October 2, AFG announced a quarterly dividend of $0.71.
This is a 12.7% increase from the prior dividend of $0.63.
Payable October 25 for shareholders of record October 13 ex-div October 12.
Bank OZK (OZK)
Bank OZK provides various retail and commercial banking services. The company accepts various deposit products, including non-interest-bearing checking, interest bearing transaction, business sweep, savings, money market, individual retirement, and other accounts, as well as time deposits. The company was formerly known as Bank of the Ozarks and changed its name to Bank OZK in July 2018. Bank OZK was founded in 1903 and is headquartered in Little Rock, Arkansas.
On October 2, OZK announced a quarterly dividend of $0.37.
This is a 2.8% increase from the prior dividend of $0.36.
Payable October 20 for shareholders of record October 13 ex-div October 12.
McDonald's Corporation (MCD)
McDonald's Corporation operates and franchises McDonald's restaurants in the United States and internationally. The company’s restaurants offer hamburgers and cheeseburgers, chicken sandwiches and nuggets, fries, salads, shakes, frozen desserts, sundaes, soft serve cones, bakery items, soft drinks, coffee, and beverages and other beverages, as well as breakfast menu, including muffins, Sausages, biscuit and bagel sandwiches, oatmeal, hash browns, breakfast burritos and hotcakes. McDonald's Corporation was founded in 1940 and is headquartered in Chicago, Illinois.
On October 4, MCD announced a quarterly dividend of $1.67.
This is a 9.9% increase from the prior dividend of $1.52.
Payable December 15 for shareholders of record December 1 ex-div November 30.
RPM International Inc. (RPM)
RPM International Inc. manufactures and sells specialty chemicals for the industrial, specialty, and consumer markets worldwide. The company was incorporated in 1947 and is headquartered in Medina, Ohio.
On October 5, RPM announced a quarterly dividend of $0.46.
This is a 9.5% increase from the prior dividend of $0.42.
Payable October 31 for shareholders of record October 18 ex-div October 17.
Lockheed Martin Corporation (LMT)
McDonald's Corporation operates and franchises McDonald's restaurants in the United States and internationally. The company’s restaurants offer hamburgers and cheeseburgers, chicken sandwiches and nuggets, fries, salads, shakes, frozen desserts, sundaes, soft serve cones, bakery items, soft drinks, coffee, and beverages and other beverages, as well as breakfast menu, including muffins, Sausages, biscuit and bagel sandwiches, oatmeal, hash browns, breakfast burritos and hotcakes. McDonald's Corporation was founded in 1940 and is headquartered in Chicago, Illinois.
On October 6, LMT announced a quarterly dividend of $3.00.
This is a 5.0% increase from the prior dividend of $3.15.
Payable December 29 for shareholders of record December 1 ex-div November 30.
Archive of Dividend Increases
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