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, 13 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.
Spire Inc. (SR)
Spire Inc., together with its subsidiaries, engages in the purchase, retail distribution, and sale of natural gas to residential, commercial, industrial, and other end-users of natural gas in the United States. The company operates through two segments, Gas Utility and Gas Marketing. Spire Inc. was founded in 1857 and is based in Saint Louis, Missouri.
On November 13, SR announced a quarterly dividend of $0.755.
This is a 4.9% increase from the prior dividend of $0.72.
Payable January 3 for shareholders of record December 11 ex-div December 8.
Sun Life Financial Inc. (TSE:SLF)
Sun Life Financial Inc., a financial services company, provides savings, retirement, and pension products worldwide. It offers term and permanent life, as well as personal health, dental, critical illness, long-term care, and disability insurance products. The company provides financial advice, asset management, and investments related products. It is also involved in mutual fund and investment management businesses. Sun Life Financial Inc was founded in 1871 and is headquartered in Toronto, Canada.
On November 13, SLF announced a quarterly dividend of C$0.78.
This is a 4.0% increase from the prior dividend of C$0.75.
Payable December 29 for shareholders of record November 29 ex-div November 28.
Royal Gold, Inc. (RGLD)
Royal Gold, Inc., together with its subsidiaries, acquires and manages precious metal streams, royalties, and related interests. The company engages in acquiring stream and royalty interests or to finance projects that are in production, development, or in the exploration stage in exchange for stream or royalty interests, which primarily consists of gold, silver, copper, nickel, zinc, lead, and other metals. Royal Gold, Inc. was incorporated in 1981 and is headquartered in Denver, Colorado.
On November 14, RGLD announced a quarterly dividend of $0.40.
This is a 6.7% increase from the prior dividend of $0.375.
Payable January 19 for shareholders of record January 5 ex-div January 4.
NIKE, Inc. (NKE)
NIKE, Inc., together with its subsidiaries, designs, develops, markets, and sells athletic footwear, apparel, equipment, accessories, and services worldwide. The company provides athletic and casual footwear, apparel, and accessories under the Jumpman trademark; and casual sneakers, apparel, and accessories under the Converse, Chuck Taylor, All Star, One Star, Star Chevron, and Jack Purcell trademarks. NIKE, Inc. was founded in 1964 and is headquartered in Beaverton, Oregon.
On November 14, NKE announced a quarterly dividend of $0.37.
This is an 8.8% increase from the prior dividend of $0.34.
Payable January 2 for shareholders of record December 4 ex-div December 1.
Griffon Corporation (GFF)
Griffon Corporation, through its subsidiaries, provides consumer and professional, and home and building products in the United States, Europe, Canada, Australia, and internationally. Griffon Corporation was founded in 1774 and is headquartered in New York, New York.
On November 15, GFF announced a quarterly dividend of $0.15.
This is a 20.0% increase from the prior dividend of $0.125.
Payable December 14 for shareholders of record November 28 ex-div November 27.
Agilent Technologies, Inc. (A)
Agilent Technologies, Inc. provides application focused solutions to the life sciences, diagnostics, and applied chemical markets worldwide. Agilent Technologies, Inc. was incorporated in 1999 and is headquartered in Santa Clara, California.
On November 15, A announced a quarterly dividend of $0.236.
This is a 4.9% increase from the prior dividend of $0.225.
Payable January 24 for shareholders of record January 2 ex-div December 29.
WesBanco, Inc. (WSBC)
WesBanco, Inc. operates as the bank holding company for WesBanco Bank, Inc. that provides retail banking, corporate banking, personal and corporate trust, brokerage, and mortgage banking and insurance services. The company operates in two segments, Community Banking, and Trust and Investment Services. The company was founded in 1870 and is headquartered in Wheeling, West Virginia.
On November 15, WSBC announced a quarterly dividend of $0.36.
This is a 2.9% increase from the prior dividend of $0.35.
Payable January 2 for shareholders of record December 8 ex-div December 7.
Matthews International Corporation (MATW)
Matthews International Corporation provides brand solutions, memorialization products, and industrial technologies worldwide. It operates through three segments: Memorialization, Industrial Technologies, and SGK Brand Solutions. The company was founded in 1850 and is based in Pittsburgh, Pennsylvania.
On November 15, MATW announced a quarterly dividend of $0.24.
This is a 4.3% increase from the prior dividend of $0.23.
Payable December 11 for shareholders of record November 27 ex-div November 24.
PulteGroup, Inc. (PHM)
PulteGroup, Inc., through its subsidiaries, primarily engages in the homebuilding business in the United States. It acquires and develops land primarily for residential purposes; and constructs housing on such land. The company was founded in 1950 and is headquartered in Atlanta, Georgia.
On November 16, PHM announced a quarterly dividend of $0.20.
This is a 25.0% increase from the prior dividend of $0.16.
Payable January 3 for shareholders of record December 19 ex-div December 18.
Popular, Inc. (BPOP)
Popular, Inc., through its subsidiaries, provides various retail, mortgage, and commercial banking products and services in Puerto Rico, the United States, and British Virgin Islands. The company provides savings, NOW, money market, and other interest-bearing demand accounts; non-interest bearing demand deposits; and certificates of deposit. Popular, Inc. was founded in 1893 and is headquartered in Hato Rey, Puerto Rico.
On November 16, BPOP announced a quarterly dividend of $0.62.
This is a 12.7% increase from the prior dividend of $0.55.
Payable January 2 for shareholders of record December 7 ex-div December 6.
Brown-Forman Corporation (BF.B)
Brown-Forman Corporation, together with its subsidiaries, manufactures, distills, bottles, imports, exports, markets, and sells various alcoholic beverages. It provides wines, whiskey spirits, whiskey-based flavored liqueurs, ready-to-drink and ready-to-pour products, vodkas, tequilas, gin, brandy, rum, bourbons, and liqueurs. The company was founded in 1870 and is headquartered in Louisville, Kentucky.
On November 16, BF.B announced a quarterly dividend of $0.2178.
This is a 6.0% increase from the prior dividend of $0.2055.
Payable January 2 for shareholders of record December 1 ex-div November 30.
Motorola Solutions, Inc. (MSI)
Motorola Solutions, Inc. provides public safety and enterprise security solutions in the United States, the United Kingdom, Canada, and internationally. The company operates in two segments, Products and Systems Integration, and Software and Services. Motorola Solutions, Inc. was founded in 1928 and is headquartered in Chicago, Illinois.
On November 16, MSI announced a quarterly dividend of $0.98.
This is an 11.4% increase from the prior dividend of $0.88.
Payable January 12 for shareholders of record December 15 ex-div December 14.
Dolby Laboratories, Inc. (DLB)
Dolby Laboratories, Inc. creates audio and imaging technologies that transform entertainment and communications at the cinema, DTV transmissions and devices, mobile devices, OTT video and music services, and home entertainment devices. Dolby Laboratories, Inc. was founded in 1965 and is headquartered in San Francisco, California.
On November 16, DLB announced a quarterly dividend of $0.30.
This is an 11.1% increase from the prior dividend of $0.27.
Payable December 5 for shareholders of record November 28 ex-div November 27.
Archive of Dividend Increases
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