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.
A. O. Smith Corporation (AOS)
A. O. Smith Corporation manufactures and markets residential and commercial gas, heat pump and electric water heaters, boilers, tanks, and water treatment products in North America, China, Europe, and India. It operates through two segments, North America and Rest of World. A. O. Smith Corporation was founded in 1874 and is headquartered in Milwaukee, Wisconsin.
On October 9, AOS announced a quarterly dividend of $0.32.
This is a 6.7% increase from the prior dividend of $0.30.
Payable November 15 for shareholders of record October 31 ex-div October 30.
THOR Industries, Inc. (THO)
THOR Industries, Inc. designs, manufactures, and sells recreational vehicles (RVs), and related parts and accessories in the United States, Canada, and Europe. The company offers travel trailers; gasoline and diesel Class A, Class B, and Class C motorhomes; conventional travel trailers and fifth wheels; luxury fifth wheels; and motorcaravans, caravans, campervans, and urban vehicles. THOR Industries, Inc. was incorporated in 1980 and is based in Elkhart, Indiana.
On October 10, THO announced a quarterly dividend of $0.48.
This is a 6.7% increase from the prior dividend of $0.45.
Payable November 10 for shareholders of record November 1 ex-div October 31.
HP Inc. (HPQ)
HP Inc. provides personal computing and other access devices, imaging and printing products, and related technologies, solutions, and services in the United States and internationally. The company operates through three segments: Personal Systems, Printing, and Corporate Investments. The company was formerly known as Hewlett-Packard Company and changed its name to HP Inc. in October 2015. HP Inc. was founded in 1939 and is headquartered in Palo Alto, California.
On October 10, HPQ announced a annual dividend of $1.1024.
This is a 5.0% increase from the prior dividend of $1.05.
Payable fiscal 2024.
Agree Realty Corporation (ADC)
Agree Realty Corporation is a publicly traded real estate investment trust that is RETHINKING RETAIL through the acquisition and development of properties net leased to industry-leading, omni-channel retail tenants. As of June 30, 2023, the Company owned and operated a portfolio of 2,004 properties, located in 49 states and containing approximately 41.7 million square feet of gross leasable area. The Company's common stock is listed on the New York Stock Exchange under the symbol "ADC".
On October 12, ADC announced a monthly dividend of $0.247.
This is a 1.6% increase from the prior dividend of $0.243.
Payable November 14 for shareholders of record October 31 ex-div October 30.
Northwest Natural Holding Company (NWN)
Northwest Natural Holding Company, through its subsidiary, Northwest Natural Gas Company, provides regulated natural gas distribution services to residential, commercial, industrial, and transportation customers in Oregon and Southwest Washington. The company operates Mist gas storage facility contracted to other utilities and third-party marketers; offers natural gas asset management services; and operates an appliance retail center. Northwest Natural Holding Company was founded in 1859 and is headquartered in Portland, Oregon.
On October 12, NWN announced a quarterly dividend of $0.4875.
This is a 0.5% increase from the prior dividend of $0.485.
Payable November 15 for shareholders of record October 31 ex-div October 30.
Archive of Dividend Increases
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