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, 27 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.
MPLX LP (MPLX)
MPLX LP owns and operates midstream energy infrastructure and logistics assets primarily in the United States. It operates in two segments, Logistics and Storage, and Gathering and Processing. The company was incorporated in 2012 and is headquartered in Findlay, Ohio. MPLX LP operates as a subsidiary of Marathon Petroleum Corporation.
On October 24, MPLX announced a quarterly dividend of $0.85.
This is a 9.7% increase from the prior dividend of $0.775.
Payable November 13 for shareholders of record November 3 ex-div November 2.
American Electric Power Company, Inc. (AEP)
American Electric Power Company, Inc., an electric public utility holding company, engages in the generation, transmission, and distribution of electricity for sale to retail and wholesale customers in the United States. It operates through Vertically Integrated Utilities, Transmission and Distribution Utilities, AEP Transmission Holdco, and Generation & Marketing segments. The company was incorporated in 1906 and is headquartered in Columbus, Ohio.
On October 24, AEP announced a quarterly dividend of $0.88.
This is a 6.0% increase from the prior dividend of $0.83.
Payable December 8 for shareholders of record November 10 ex-div November 8.
Visa Inc. (V)
Visa Inc. operates as a payments technology company worldwide. The company operates VisaNet, a transaction processing network that enables authorization, clearing, and settlement of payment transactions. Visa Inc. was founded in 1958 and is headquartered in San Francisco, California.
On October 24, V announced a quarterly dividend of $0.52.
This is a 15.6% increase from the prior dividend of $0.45.
Payable December 1 for shareholders of record November 9 ex-div November 8.
Getty Realty Corp. (GTY)
Getty Realty Corp. is a publicly traded, net lease REIT specializing in the acquisition, financing and development of convenience, automotive and other single tenant retail real estate. As of September 30, 2023, the Company's portfolio included 1,080 freestanding properties located in 40 states across the United States and Washington, D.C.
On October 24, GTY announced a quarterly dividend of $0.45.
This is a 4.7% increase from the prior dividend of $0.43.
Payable January 11 for shareholders of record December 28 ex-div December 27.
Associated Banc-Corp (ASB)
Associated Banc-Corp, a bank holding company, provides various banking and nonbanking products to individuals and businesses in Wisconsin, Illinois, and Minnesota. The company operates through three segments: Corporate and Commercial Specialty; Community, Consumer, and Business; and Risk Management and Shared Services. Associated Banc-Corp was founded in 1861 and is headquartered in Green Bay, Wisconsin.
On October 24, ASB announced a quarterly dividend of $0.22.
This is a 4.8% increase from the prior dividend of $0.21.
Payable December 15 for shareholders of record December 1 ex-div November 30.
Mueller Water Products, Inc. (MWA)
Mueller Water Products, Inc. manufactures and markets products and services for the transmission, distribution, and measurement of water used by municipalities, and the residential and non-residential construction industries in the United States, Israel, and internationally. The company operates in two segments, Water Flow Solutions and Water Management Solutions. The company was founded in 1857 and is headquartered in Atlanta, Georgia.
On October 24, MWA announced a quarterly dividend of $0.064.
This is a 4.9% increase from the prior dividend of $0.061.
Payable November 20 for shareholders of record November 9 ex-div November 8.
HomeTrust Bancshares, Inc. (HTBI)
HomeTrust Bancshares, Inc. operates as the bank holding company for HomeTrust Bank that provides a range of retail and commercial banking products and services. The company’s deposit products include savings, money market, noninterest-bearing, and interest-bearing checking accounts, as well as certificates of deposit for individuals, business, and nonprofit organizations. HomeTrust Bancshares, Inc. was founded in 1926 and is headquartered in Asheville, North Carolina.
On October 25, HTBI announced a quarterly dividend of $0.11.
This is a 10.0% increase from the prior dividend of $0.10.
Payable November 30 for shareholders of record November 16 ex-div November 15.
Amphenol Corporation (APH)
Amphenol Corporation, together with its subsidiaries, primarily designs, manufactures, and markets electrical, electronic, and fiber optic connectors in the United States, China, and internationally. It operates through three segments: Harsh Environment Solutions, Communications Solutions, and Interconnect and Sensor Systems. Amphenol Corporation was founded in 1932 and is headquartered in Wallingford, Connecticut.
On October 25, APH announced a quarterly dividend of $0.22.
This is a 4.8% increase from the prior dividend of $0.21.
Payable January 10 for shareholders of record December 19 ex-div December 18.
Sirius XM Holdings Inc. (SIRI)
Sirius XM Holdings Inc., an audio entertainment company, operates audio business including subscription entertainment services in the United States. It operates through Sirius XM, and Pandora and Off-platform segment. The company was incorporated in 2013 and is headquartered in New York. Sirius XM Holdings Inc. is a subsidiary of Liberty Media Corporation.
On October 25, SIRI announced a quarterly dividend of $0.0266.
This is a 9.9% increase from the prior dividend of $0.0242.
Payable November 29 for shareholders of record November 7 ex-div November 6.
Waste Connections, Inc. (TSE:WCN)
Waste Connections, Inc. provides non-hazardous waste collection, transfer, disposal, and resource recovery services in the United States and Canada. It offers collection services to residential, commercial, municipal, industrial, and exploration and production (E&P) customers; landfill disposal services; and recycling services for various recyclable materials, including compost, cardboard, mixed paper, plastic containers, glass bottles, and ferrous and aluminum metals. Waste Connections, Inc. was founded in 1997 and is based in Woodbridge, Canada.
On October 25, SIRI announced a quarterly dividend of C$0.285.
This is an 11.8% increase from the prior dividend of C$0.255.
Payable November 28 for shareholders of record November 8 ex-div November 7.
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 October 25, DKL announced a quarterly dividend of $1.045.
This is a 1.0% increase from the prior dividend of $1.035.
Payable November 13 for shareholders of record November 6 ex-div November 3.
Equinix, Inc. (EQIX)
Equinix (Nasdaq: EQIX) is the world's digital infrastructure company. Digital leaders harness Equinix's trusted platform to bring together and interconnect foundational infrastructure at software speed. Equinix enables organizations to access all the right places, partners and possibilities to scale with agility, speed the launch of digital services, deliver world-class experiences and multiply their value, while supporting their sustainability goals.
On October 25, EQIX announced a quarterly dividend of $4.26.
This is a 24.9% increase from the prior dividend of $3.41.
Payable December 13 for shareholders of record November 15 ex-div November 14.
S&T Bancorp, Inc. (STBA)
S&T Bancorp, Inc. operates as the bank holding company for S&T Bank that provides retail and commercial banking products and services. The company operates through six segments: Commercial Real Estate, Commercial and Industrial, Business Banking, Commercial Construction, Consumer Real Estate, and Other Consumer. S&T Bancorp, Inc. was founded in 1902 and is headquartered in Indiana, Pennsylvania.
On October 25, STBA announced a quarterly dividend of $0.33.
This is a 3.1% increase from the prior dividend of $0.32.
Payable November 24 for shareholders of record November 9 ex-div November 8.
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 October 25, FBMS announced a quarterly dividend of $0.24.
This is a 4.3% increase from the prior dividend of $0.23.
Payable
November 24 for shareholders of record November 8 ex-div November 7.
Archive of Dividend Increases
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