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, 17 companies announced dividend increases and one announced suspensions.
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.
Tennant Company (TNC)
Tennant Company, together with its subsidiaries, designs, manufactures, and markets floor cleaning equipment in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company offers a suite of products, including floor maintenance and cleaning equipment, detergent-free and other sustainable cleaning technologies, aftermarket parts and consumables, equipment maintenance and repair services, and asset management solutions. Tennant Company was founded in 1870 and is headquartered in Eden Prairie, Minnesota.
On October 30, TNC announced a quarterly dividend of $0.28.
This is a 5.7% increase from the prior dividend of $0.265.
Payable December 15 for shareholders of record November 30 ex-div November 29.
PetMed Express, Inc. (PETS)
PetMed Express, Inc., together with its subsidiaries, operates as a pet pharmacy in the United States. The company markets prescription and non-prescription pet medications, health products, and other supplies for dogs, cats, and horses. The company was incorporated in 1996 and is headquartered in Delray Beach, Florida.
On October 30, PETS announced to suspend the quarterly dividend.
This is a 0.0% increase from the prior dividend of $0.30.
The company has declared a $0.30 per share dividend for 10 consecutive quarters.
Cognex Corporation (CGNX)
Cognex Corporation provides machine vision products that capture and analyze visual information to automate manufacturing and distribution tasks worldwide. Cognex Corporation was incorporated in 1981 and is headquartered in Natick, Massachusetts.
On October 31, CGNX announced a quarterly dividend of $0.075.
This is a 7.1% increase from the prior dividend of $0.07.
Payable December 1 for shareholders of record November 17 ex-div November 16.
NexPoint Residential Trust, Inc. (NXRT)
NexPoint Residential Trust is a publicly traded REIT, with its shares listed on the New York Stock Exchange under the symbol "NXRT," primarily focused on acquiring, owning and operating well-located, middle-income multifamily properties with "value-add" potential in large cities and suburban submarkets of large cities, primarily in the Southeastern and Southwestern United States.
On October 31, NXRT announced a quarterly dividend of $0.4624.
This is a 10.1% increase from the prior dividend of $0.42.
Payable December 29 for shareholders of record December 15 ex-div December 14.
Utah Medical Products, Inc. (UTMD)
Utah Medical Products, Inc. develops, manufactures, and distributes medical devices for the healthcare industry. The company offers fetal monitoring accessories, vacuum-assisted delivery systems, and other labor and delivery tools; DISPOSA-HOOD infant respiratory hoods; and DELTRAN PLUS blood pressure monitoring systems. The company was incorporated in 1978 and is headquartered in Midvale, Utah.
On October 31, UTMD announced a quarterly dividend of $0.30.
This is a 1.7% increase from the prior dividend of $0.295.
Payable January 3 for shareholders of record December 15 ex-div December 14.
CDW Corporation (CDW)
CDW Corporation provides information technology (IT) solutions in the United States, the United Kingdom, and Canada. It operates through three segments: Corporate, Small Business, and Public. CDW Corporation was founded in 1984 and is headquartered in Vernon Hills, Illinois.
On November 1, CDW announced a quarterly dividend of $0.62.
This is a 5.1% increase from the prior dividend of $0.59.
Payable December 12 for shareholders of record November 24 ex-div November 22.
Huntington Ingalls Industries, Inc. (HII)
Huntington Ingalls Industries, Inc. engages in designing, building, overhauling, and repairing military ships in the United States. It operates through three segments: Ingalls, Newport News, and Mission Technologies. Huntington Ingalls Industries, Inc. was founded in 1886 and is headquartered in Newport News, Virginia.
On November 1, HII announced a quarterly dividend of $1.30.
This is a 4.8% increase from the prior dividend of $1.24.
Payable December 8 for shareholders of record November 24 ex-div November 22.
Selective Insurance Group, Inc. (SIGI)
Selective Insurance Group, Inc., together with its subsidiaries, provides insurance products and services in the United States. The company operates through four segments: Standard Commercial Lines, Standard Personal Lines, E&S Lines, and Investments. The company was founded in 1926 and is headquartered in Branchville, New Jersey.
On November 1, SIGI announced a quarterly dividend of $0.35.
This is a 16.7% increase from the prior dividend of $0.30.
Payable December 1 for shareholders of record November 15 ex-div November 14.
First National Financial Corporation (TSE:FN)
First National Financial Corporation, together with its subsidiaries, originates, underwrites, and services commercial and residential mortgages in Canada. The company operates in two segments, Residential and Commercial segments. It offers single-family and multi-unit residential, and commercial mortgages. The company provides its services through mortgage broker distribution channel, as well as online. First National Financial Corporation was founded in 1988 and is headquartered in Toronto, Canada.
On October 31, FN announced a monthly dividend of C$0.2042.
This is a 2.1% increase from the prior dividend of C$0.20.
Payable December 15 for shareholders of record November 30 ex-div November 29.
Canadian Natural Resources Limited (TSE:CNQ)
Canadian Natural Resources Limited acquires, explores for, develops, produces, markets, and sells crude oil, natural gas, and natural gas liquids (NGLs). The company offers light and medium crude oil, primary heavy crude oil, Pelican Lake heavy crude oil, bitumen (thermal oil), and synthetic crude oil (SCO). Canadian Natural Resources Limited was incorporated in 1973 and is headquartered in Calgary, Canada.
On November 2, CNQ announced a quarterly dividend of C$1.00.
This is an 11.1% increase from the prior dividend of C$0.90.
Payable January 5 for shareholders of record December 8 ex-div December 7.
ConocoPhillips (COP)
ConocoPhillips explores for, produces, transports, and markets crude oil, bitumen, natural gas, liquefied natural gas (LNG), and natural gas liquids in the United States and internationally. The company’s portfolio includes unconventional plays in North America; conventional assets in North America, Europe, Asia, and Australia; various LNG developments; oil sands assets in Canada; and an inventory of global exploration prospects. ConocoPhillips was founded in 1917 and is headquartered in Houston, Texas.
On November 2, COP announced a quarterly dividend of $0.58.
This is a 13.7% increase from the prior dividend of $0.51.
Payable December 1 for shareholders of record November 14 ex-div November 13.
CRA International, Inc. (CRAI)
CRA International, Inc., together with its subsidiaries, provides economic, financial, and management consulting services in the United States, the United Kingdom, and internationally. It advises clients on economic and financial matters pertaining to litigation and regulatory proceedings; and guides corporations through business strategy and performance-related issues. CRA International, Inc. was incorporated in 1965 and is headquartered in Boston, Massachusetts.
On November 2, CRAI announced a quarterly dividend of $0.42.
This is a 16.7% increase from the prior dividend of $0.36.
Payable December 8 for shareholders of record November 28 ex-div November 27.
Main Street Capital (MAIN)
Main Street Capital Corporation is a business development company specializes in equity capital to lower middle market companies. The firm specializing in recapitalizations, management buyouts, refinancing, family estate planning, management buyouts, refinancing, industry consolidation, mature, later stage emerging growth. The firm also provides debt capital to middle market companies for acquisitions, management buyouts, growth financings, recapitalizations and refinancing. Main Street Capital Corporation was founded in 2007 and is based in Houston, Texas with an additional office in Chojnów, Poland.
On November 1, MAIN announced a monthly dividend of $0.24.
This is a 2.1% increase from the prior dividend of $0.235.
Payable January 12 for shareholders of record January 5 ex-div January 4.
Microchip Technology Incorporated (MCHP)
Microchip Technology Incorporated develops, manufactures, and sells smart, connected, and secure embedded control solutions in the Americas, Europe, and Asia. The company offers general purpose 8-bit, 16-bit, and 32-bit microcontrollers; 32-bit embedded mixed-signal microprocessors; and specialized microcontrollers for automotive, industrial, computing, communications, lighting, power supplies, motor control, human machine interface, security, wired connectivity, and wireless connectivity applications. Microchip Technology Incorporated was incorporated in 1989 and is headquartered in Chandler, Arizona.
On November 2, MCHP announced a quarterly dividend of $0.439.
This is a 7.1% increase from the prior dividend of $0.41.
Payable December 6 for shareholders of record November 22 ex-div November 21.
Snap-on Incorporated (SNA)
Snap-on Incorporated manufactures and markets tools, equipment, diagnostics, and repair information and systems solutions for professional users worldwide. It operates through Commercial & Industrial Group, Snap-on Tools Group, Repair Systems & Information Group, and Financial Services segments. Snap-on Incorporated was founded in 1920 and is headquartered in Kenosha, Wisconsin.
On November 2, SNA announced a quarterly dividend of $1.86.
This is a 14.8% increase from the prior dividend of $1.62.
Payable December 11 for shareholders of record November 21 ex-div November 20.
KLA Corporation (KLAC)
KLA Corporation designs, manufactures, and markets process control, process-enabling, and yield management solutions for the semiconductor and related electronics industries worldwide. It operates through three segments: Semiconductor Process Control; Specialty Semiconductor Process; and PCB, Display and Component Inspection. KLA Corporation was incorporated in 1975 and is headquartered in Milpitas, California.
On November 2, KLAC announced a quarterly dividend of $1.45.
This is a 11.5% increase from the prior dividend of $1.30.
Payable December 1 for shareholders of record November 15 ex-div November 14.
TELUS Corporation (TSE:T)
TELUS Corporation, together with its subsidiaries, provides a range of telecommunications and information technology products and services in Canada. It operates through Technology Solutions and Digitally-Led Customer Experiences segments. TELUS Corporation was incorporated in 1998 and is based in Vancouver, Canada.
On November 3, T announced a quarterly dividend of C$0.3761.
This is a 3.4% increase from the prior dividend of C$0.3636.
Payable January 2 for shareholders of record December 11 ex-div December 8.
Regency Centers Corporation (REG)
Regency Centers is a preeminent national owner, operator, and developer of shopping centers located in suburban trade areas with compelling demographics. Our portfolio includes thriving properties merchandised with highly productive grocers, restaurants, service providers, and best-in-class retailers that connect to their neighborhoods, communities, and customers. Operating as a fully integrated real estate company, Regency Centers is a qualified real estate investment trust (REIT) that is self-administered, self-managed, and an S&P 500 Index member.
On November 2, REG announced a quarterly dividend of $0.67.
This is a 3.1% increase from the prior dividend of $0.65.
Payable January 3 for shareholders of record December 14 ex-div December 13.
Archive of Dividend Increases
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