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, 33 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.
FS Bancorp, Inc. (FSBW)
FS Bancorp, Inc. operates as a bank holding company for 1st Security Bank of Washington that provides banking and financial services to local families, local and regional businesses, and industry niches. The company operates in two segments, Commercial and Consumer Banking; and Home Lending. The company was founded in 1936 and is headquartered in Mountlake Terrace, Washington.
On January 24, FSBW announced a quarterly dividend of $0.26.
This is a 4.0% increase from the prior dividend of $0.25.
Payable February 22 for shareholders of record February 8 ex-div February 7.
Comcast Corporation (CMCSA)
Comcast Corporation operates as a media and technology company worldwide. It operates through Residential Connectivity & Platforms, Business Services Connectivity, Media, Studios, and Theme Parks segments. Comcast Corporation was founded in 1963 and is headquartered in Philadelphia, Pennsylvania.
On January 25, CMCSA announced a quarterly dividend of $0.31.
This is a 6.9% increase from the prior dividend of $0.29.
Payable April 24 for shareholders of record April 3 ex-div April 2.
Heritage Financial Corporation (HFWA)
Heritage Financial Corporation operates as the bank holding company for Heritage Bank that provides various financial services to small and medium sized businesses and individuals in the United States. The company accepts various deposit products, such as noninterest demand deposits, interest bearing demand deposits, money market accounts, savings accounts, personal checking accounts, and certificates of deposit. The company was formerly known as Heritage Financial Corporation, M.H.C. and changed its name to Heritage Financial Corporation in 1998. Heritage Financial Corporation was founded in 1927 and is headquartered in Olympia, Washington.
On January 25, HFWA announced a quarterly dividend of $0.23.
This is a 4.5% increase from the prior dividend of $0.22.
Payable February 22 for shareholders of record February 8 ex-div February 7.
SJW Group (SJW)
SJW Group, through its subsidiaries, provides water utility services in the United States. It operates in two segments, Water Utility Services and Real Estate Services. It engages in the production, purchase, storage, purification, distribution, wholesale, and retail sale of water and wastewater services. SJW Group was incorporated in 1985 and is headquartered in San Jose, California.
On January 25, SJW announced a quarterly dividend of $0.40.
This is a 5.3% increase from the prior dividend of $0.38.
Payable March 1 for shareholders of record February 5 ex-div February 2.
Applied Industrial Technologies, Inc. (AIT)
Applied Industrial Technologies, Inc. distributes industrial motion, power, control, and automation technology solutions in North America, Australia, New Zealand, and Singapore. It operates in two segments, Service Center Based Distribution, and Engineered Solutions. The company was founded in 1923 and is headquartered in Cleveland, Ohio.
On January 25, AIT announced a quarterly dividend of $0.37.
This is a 5.7% increase from the prior dividend of $0.35.
Payable February 29 for shareholders of record February 15 ex-div February 14.
NextEra Energy Partners, LP (NEP)
NextEra Energy Partners, LP acquires, owns, and manages contracted clean energy projects in the United States. It owns a portfolio of contracted renewable generation assets consisting of wind, solar, and battery storage projects, as well as contracted natural gas pipeline assets. NextEra Energy Partners, LP was incorporated in 2014 and is headquartered in Juno Beach, Florida.
On January 25, NEP announced a quarterly dividend of $0.88.
This is a 1.5% increase from the prior dividend of $0.867.
Payable February 14 for shareholders of record February 6 ex-div February 5.
Air Products and Chemicals, Inc. (APD)
Air Products and Chemicals, Inc. provides atmospheric gases, process and specialty gases, equipment, and related services in the Americas, Asia, Europe, the Middle East, India, and internationally. The company was founded in 1940 and is headquartered in Allentown, Pennsylvania.
On January 25, APD announced a quarterly dividend of $1.77.
This is a 1.1% increase from the prior dividend of $1.75.
Payable May 13 for shareholders of record April 1 ex-div March 28.
NiSource Inc. (NI)
NiSource Inc., an energy holding company, operates as a regulated natural gas and electric utility company in the United States. It operates through two segments, Gas Distribution Operations and Electric Operations. NiSource Inc. was founded in 1847 and is headquartered in Merrillville, Indiana.
On January 25, NI announced a quarterly dividend of $0.265.
This is a 6.0% increase from the prior dividend of $0.25.
Payable February 20 for shareholders of record February 5 ex-div February 2.
Archer-Daniels-Midland Company (ADM)
Archer-Daniels-Midland Company procures, transports, stores, processes, and merchandises agricultural commodities, products, and ingredients in the United States, Switzerland, the Cayman Islands, Brazil, Mexico, Canada, the United Kingdom, and internationally. The company operates in three segments: Ag Services and Oilseeds, Carbohydrate Solutions, and Nutrition. The company was founded in 1902 and is headquartered in Chicago, Illinois.
On January 25, ADM announced a quarterly dividend of $0.50.
This is an 11.1% increase from the prior dividend of $0.45.
Payable February 29 for shareholders of record February 8 ex-div February 7.
Hilltop Holdings Inc. (HTH)
Hilltop Holdings Inc. provides business and consumer banking, and financial products and services. It operates through three segments: Banking, Broker-Dealer, and Mortgage Origination. Hilltop Holdings Inc. was founded in 1998 and is headquartered in Dallas, Texas.
On January 25, HTH announced a quarterly dividend of $0.17.
This is a 6.3% increase from the prior dividend of $0.16.
Payable February 28 for shareholders of record February 12 ex-div February 9.
Simmons First National Corporation (SFNC)
Simmons First National Corporation operates as the holding company for Simmons Bank that provides banking and other financial products and services to individuals and businesses. It offers checking, savings, and time deposits; consumer, real estate, and commercial loans; agricultural finance, equipment, and small business administration lending; trust and fiduciary services; credit cards; investment management products; treasury management; insurance products; and securities and investment services. Simmons First National Corporation was founded in 1903 and is headquartered in Pine Bluff, Arkansas.
On January 24, SFNC announced a quarterly dividend of $0.21.
This is a 5.0% increase from the prior dividend of $0.20.
Payable April 1 for shareholders of record March 15 ex-div March 14.
Nexstar Media Group, Inc. (NXST)
Nexstar Media Group, Inc., a television broadcasting and digital media company, focuses on the acquisition, development, and operation of television stations and interactive community websites and digital media services in the United States. The company offers free programming to television viewing audiences. Nexstar Media Group, Inc. was founded in 1996 and is headquartered in Irving, Texas.
On January 26, NXST announced a quarterly dividend of $1.69.
This is a 25.2% increase from the prior dividend of $1.35.
Payable February 23 for shareholders of record February 9 ex-div February 8.
Northrim BanCorp, Inc. (NRIM)
Northrim BanCorp, Inc. operates as the bank holding company for Northrim Bank that provides commercial banking products and services to businesses and professional individuals. It operates in two segments, Community Banking and Home Mortgage Lending. The company was founded in 1990 and is headquartered in Anchorage, Alaska.
On January 26, NRIM announced a quarterly dividend of $0.61.
This is a 1.7% increase from the prior dividend of $0.60.
Payable March 15 for shareholders of record March 7 ex-div March 6.
GATX Corporation (GATX)
GATX Corporation, together its subsidiaries, operates as railcar leasing company in the United States, Canada, Mexico, Europe, and India. It operates through three segments: Rail North America, Rail International, and Portfolio Management. GATX Corporation was founded in 1898 and is headquartered in Chicago, Illinois.
On January 26, GATX announced a quarterly dividend of $0.58.
This is a 5.5% increase from the prior dividend of $0.55.
Payable March 31 for shareholders of record March 3 ex-div February 29.
Cincinnati Financial Corporation (CINF)
Cincinnati Financial Corporation, together with its subsidiaries, provides property casualty insurance products in the United States. The company operates through five segments: Commercial Lines Insurance, Personal Lines Insurance, Excess and Surplus Lines Insurance, Life Insurance, and Investments. Cincinnati Financial Corporation was founded in 1950 and is headquartered in Fairfield, Ohio.
On January 26, CINF announced a quarterly dividend of $0.81.
This is an 8.0% increase from the prior dividend of $0.75.
Payable April 15 for shareholders of record March 19 ex-div March 18.
Black Hills Corporation (BKH)
Black Hills Corporation, through its subsidiaries, operates as an electric and natural gas utility company in the United States. It operates in two segments, Electric Utilities and Gas Utilities. The company was incorporated in 1941 and is headquartered in Rapid City, South Dakota.
On January 26, BKH announced a quarterly dividend of $0.65.
This is a 4.0% increase from the prior dividend of $0.625.
Payable March 1 for shareholders of record February 16 ex-div February 15.
Archive of Dividend Increases
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