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, 12companies announced dividend increases and one announced a dividend cut.
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.
Bank OZK (OZK)
Bank OZK provides various retail and commercial banking services. The company accepts various deposit products, including non-interest-bearing checking, interest bearing transaction, business sweep, savings, money market, individual retirement, and other accounts, as well as time deposits. The company was formerly known as Bank of the Ozarks and changed its name to Bank OZK in July 2018. Bank OZK was founded in 1903 and is headquartered in Little Rock, Arkansas.
On January 2, OZK announced a quarterly dividend of $0.38.
This is a 2.7% increase from the prior dividend of $0.37.
Payable January 23 for shareholders of record January 16 ex-div January 12.
Alamo Group Inc. (ALG)
Alamo Group Inc. designs, manufactures, distributes, and services vegetation management and infrastructure maintenance equipment for governmental, industrial, and agricultural uses worldwide. It operates through two segments, Vegetation Management and Industrial Equipment. The company was founded in 1955 and is headquartered in Seguin, Texas.
On January 2, ALG announced a quarterly dividend of $0.26.
This is an 18.2% increase from the prior dividend of $0.22.
Payable January 29 for shareholders of record January 16 ex-div January 12.
Walgreens Boots Alliance, Inc. (WBA)
Walgreens Boots Alliance, Inc. operates as a healthcare, pharmacy, and retail company in the United States, the United Kingdom, Germany, and internationally. It operates through three segments: U.S. Retail Pharmacy, International, and U.S. Healthcare. Walgreens Boots Alliance, Inc. was founded in 1909 and is headquartered in Deerfield, Illinois.
On January 4, WBA announced a quarterly dividend of $0.25.
This is a 47.9% decrease from the prior dividend of $0.48.
Payable March 12 for shareholders of record February 20 ex-div February 16.
Enterprise Products Partners L.P. (EPD)
Enterprise Products Partners L.P. provides midstream energy services to producers and consumers of natural gas, natural gas liquids (NGLs), crude oil, petrochemicals, and refined products. The company operates through four segments: NGL Pipelines & Services, Crude Oil Pipelines & Services, Natural Gas Pipelines & Services, and Petrochemical & Refined Products Services. Enterprise Products Partners L.P. founded in 1968 and is headquartered in Houston, Texas.
On January 8, EPD announced a quarterly dividend of $0.515.
This is a 3.0% increase from the prior dividend of $0.50.
Payable February 14 for shareholders of record January 31 ex-div January 30.
Lakeland Financial Corporation (LKFN)
Lakeland Financial Corporation operates as the bank holding company for Lake City Bank that provides various banking products and services in the United States. The company accepts various deposit products, such as noninterest bearing, interest-bearing checking, savings, money market, NOW, and demand deposits. The company was founded in 1872 and is headquartered in Warsaw, Indiana.
On January 9, LKFN announced a quarterly dividend of $0.48.
This is a 4.3% increase from the prior dividend of $0.46.
Payable February 5 for shareholders of record January 25 ex-div January 24.
STAG Industrial, Inc. (STAG)
We are a REIT focused on the acquisition, ownership and operation of industrial properties throughout the United States. We seek to (i) identify properties for acquisition that offer relative value across all locations, industrial property types, and tenants through the principled application of our proprietary risk assessment model, (ii) operate our properties in an efficient, cost-effective manner, and (iii) capitalize our business appropriately given the characteristics of our assets.
On January 10, STAG announced a monthly dividend of $0.1233
This is a 0.7% increase from the prior dividend of $0.1225.
Payable February 15 for shareholders of record January 31 ex-div January 30.
Apogee Enterprises, Inc. (APOG)
Apogee Enterprises, Inc. designs and develops glass and metal products and services in the United States, Canada, and Brazil. The company operates in four segments: Architectural Framing Systems, Architectural Glass, Architectural Services, and Large-Scale Optical Technologies (LSO).
On January 11, APOG announced a quarterly dividend of $0.25.
This is a 4.2% increase from the prior dividend of $0.24.
Payable February 14 for shareholders of record January 30 ex-div January 29.
ATCO Ltd. (TSE:ACO.X)
ATCO Ltd., together with its subsidiaries, engages in the provision of housing, logistics and transportation, agriculture, water, real estate, and energy and energy infrastructure solutions in Canada, Australia, and internationally. The company offers workforce and residential housing, modular facilities, construction and site support, workforce lodging, facility operations and maintenance, defense operations, and disaster and emergency management services. ATCO Ltd. was founded in 1947 and is headquartered in Calgary, Canada. ATCO Ltd. operates as a subsidiary of Sentgraf Enterprises Ltd.
On January 11, ACO.X announced a quarterly dividend of C$0.4898.
This is a 3.0% increase from the prior dividend of C$0.4756.
Payable March 31 for shareholders of record February 29 ex-div February 28.
Canadian Utilities Limited (TSE:CU)
Canadian Utilities Limited, together with its subsidiaries, engages in the electricity, natural gas, and retail energy businesses in the United States, Australia, and internationally. It operates through Utilities, Energy Infrastructure, and Corporate & Other segments. Canadian Utilities Limited was incorporated in 1927 and is headquartered in Calgary, Canada. Canadian Utilities Limited operates as a subsidiary of ATCO Ltd.
On January 12, CU announced a quarterly dividend of C$0.4486.
This is a 1.0% increase from the prior dividend of C$0.4442.
Payable March 1 for shareholders of record February 1 ex-div January 31.
BlackRock, Inc. (BLK)
BlackRock, Inc. is a publicly owned investment manager. The firm primarily provides its services to institutional, intermediary, and individual investors including corporate, public, union, and industry pension plans, insurance companies, third-party mutual funds, endowments, public institutions, governments, foundations, charities, sovereign wealth funds, corporations, official institutions, and banks. It also provides global risk management and advisory services. The firm manages separate client-focused equity, fixed income, and balanced portfolios. BlackRock, Inc. was founded in 1988 and is based in New York City.
On January 12, BLK announced a quarterly dividend of $5.10.
This is a 2.0% increase from the prior dividend of $5.00.
Payable March 22 for shareholders of record March 7 ex-div March 6.
Gladstone Land Corporation (LAND)
Founded in 1997, Gladstone Land is a publicly traded real estate investment trust that acquires and owns farmland and farm-related properties located in major agricultural markets in the U.S. and leases its properties to unrelated third-party farmers. The Company, which reports the aggregate fair value of its farmland holdings on a quarterly basis, currently owns 169 farms, comprised of approximately 116,000 acres in 15 different states and over 45,000 acre-feet of banked water in California, valued at a total of approximately $1.6 billion.
On January 9, LAND announced a monthly dividend of $0.0465
This is a 0.2% increase from the prior dividend of $0.0464.
Payable January 31 for shareholders of record January 23 ex-div January 22.
Archive of Dividend Increases
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