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 second 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.
West Pharmaceutical Services, Inc. (WST)
West Pharmaceutical Services, Inc. designs, manufactures, and sells containment and delivery systems for injectable drugs and healthcare products in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. It operates in two segments, Proprietary Products and Contract-Manufactured Products. The company was incorporated in 1923 and is headquartered in Exton, Pennsylvania.
On October 26, WST announced a quarterly dividend of $0.20.
This is a 5.3% increase from the prior dividend of $0.19.
Payable November 15 for shareholders of record November 8 ex-div November 7.
Standex International Corporation (SXI)
Standex International Corporation, together with subsidiaries, manufactures and sells various products and services for commercial and industrial markets in the United States and internationally. It operates through five segments: Electronics, Engraving, Scientific, Engineering Technologies, and Specialty Solutions. Standex International Corporation was founded in 1955 and is headquartered in Salem, New Hampshire.
On October 26, SXI announced a quarterly dividend of $0.30.
This is a 7.1% increase from the prior dividend of $0.28.
Payable November 22 for shareholders of record November 8 ex-div November 7.
Atlantic Union Bankshares Corporation (AUB)
Atlantic Union Bankshares Corporation operates as the bank holding company for Atlantic Union Bank that provides banking and related financial products and services to consumers and businesses in the United States. It operates in two segments, Wholesale Banking and Consumer Banking. Atlantic Union Bankshares Corporation was founded in 1902 and is headquartered in Richmond, Virginia.
On October 26, AUB announced a quarterly dividend of $0.32.
This is a 6.7% increase from the prior dividend of $0.30.
Payable November 24 for shareholders of record November 10 ex-div November 8.
Rockwell Automation, Inc. (ROK)
Rockwell Automation, Inc. provides industrial automation and digital transformation solutions in North America, Europe, the Middle East, Africa, the Asia Pacific, and Latin America. The company operates through three segments, Intelligent Devices, Software & Control, and Lifecycle Services. Rockwell Automation, Inc. was founded in 1903 and is headquartered in Milwaukee, Wisconsin.
On October 26, ROK announced a quarterly dividend of $1.25.
This is a 5.9% increase from the prior dividend of $1.18.
Payable December 11 for shareholders of record November 13 ex-div November 9.
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. It engages in the design, engineering, integration, installation, and start-up of mechanical, electrical, and plumbing (MEP) systems; and renovation, expansion, maintenance, monitoring, repair, and replacement of existing buildings. Comfort Systems USA, Inc. was incorporated in 1996 and is based in Houston, Texas.
On October 26, FIX announced a quarterly dividend of $0.25.
This is an 11.1% increase from the prior dividend of $0.225.
Payable November 27 for shareholders of record November 16 ex-div November 15.
The Hartford Financial Services Group, Inc. (HIG)
The Hartford Financial Services Group, Inc. provides insurance and financial services to individual and business customers in the United States, the United Kingdom, and internationally. The company was founded in 1810 and is headquartered in Hartford, Connecticut.
On October 26, HIG announced a quarterly dividend of $0.47.
This is a 10.6% increase from the prior dividend of $0.425.
Payable January 3 for shareholders of record December 1 ex-div November 30.
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 June 30, 2023, the Company had investments of approximately $991.2 million in 184 real estate properties (including a portion of one property accounted for as a sales-type lease and one property classified as held for sale). The properties are located in 34 states, totaling approximately 4.0 million square feet in the aggregate.
On October 26, CHCT announced a quarterly dividend of $0.455.
This is a 0.6% increase from the prior dividend of $0.4525.
Payable November 24 for shareholders of record November 9 ex-div November 8.
Exxon Mobil Corporation (XOM)
Exxon Mobil Corporation engages in the exploration and production of crude oil and natural gas in the United States and internationally. It operates through Upstream, Energy Products, Chemical Products, and Specialty Products segments. Exxon Mobil Corporation was founded in 1870 and is headquartered in Spring, Texas.
On October 26, XOM announced a quarterly dividend of $0.95.
This is a 4.4% increase from the prior dividend of $0.91.
Payable December 11 for shareholders of record November 15 ex-div November 14.
The Gorman-Rupp Company (GRC)
The Gorman-Rupp Company designs, manufactures, and sells pumps and pump systems in the United States and internationally.The Gorman-Rupp Company was founded in 1933 and is headquartered in Mansfield, Ohio.
On October 27, GRC announced a quarterly dividend of $0.18.
This is a 2.9% increase from the prior dividend of $0.175.
Payable December 8 for shareholders of record November 15 ex-div November 14.
AbbVie Inc. (ABBV)
AbbVie Inc. discovers, develops, manufactures, and sells pharmaceuticals worldwide. The company was incorporated in 2012 and is headquartered in North Chicago, Illinois.
On October 27, ABBV announced a quarterly dividend of $1.55.
This is a 4.7% increase from the prior dividend of $1.48.
Payable February 15 for shareholders of record January 16 ex-div January 12.
Principal Financial Group, Inc. (PFG)
Principal Financial Group, Inc. provides retirement, asset management, and insurance products and services to businesses, individuals, and institutional clients worldwide. The company operates through Retirement and Income Solutions, Principal Global Investors, Principal International, and U.S. Insurance Solutions segments. Principal Financial Group, Inc. was founded in 1879 and is based in Des Moines, Iowa.
On October 26, PFG announced a quarterly dividend of $0.67.
This is a 3.1% increase from the prior dividend of $0.65.
Payable December 20 for shareholders of record December 1 ex-div November 30.
Hubbell Incorporated (HUBB)
Hubbell Incorporated, together with its subsidiaries, designs, manufactures, and sells electrical and utility solutions in the United States and internationally. It operates through two segments, Electrical Solutions and Utility Solutions. The company was founded in 1888 and is headquartered in Shelton, Connecticut.
On October 27, HUBB announced a quarterly dividend of $1.22.
This is an 8.9% increase from the prior dividend of $1.12.
Payable December 15 for shareholders of record November 30 ex-div November 29.
Entergy Corporation (ETR)
Entergy Corporation, together with its subsidiaries, engages in the production and retail distribution of electricity in the United States. The company operates in two segments, Utility and Entergy Wholesale Commodities. Entergy Corporation was founded in 1913 and is headquartered in New Orleans, Louisiana.
On October 27, ETR announced a quarterly dividend of $1.13.
This is a 5.6% increase from the prior dividend of $1.07.
Payable December 1 for shareholders of record November 14 ex-div November 13.
Archive of Dividend Increases
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