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, 28 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.
Eversource Energy (ES)
Eversource Energy, a public utility holding company, engages in the energy delivery business. The company operates through Electric Distribution, Electric Transmission, Natural Gas Distribution, and Water Distribution segments. It is involved in the transmission and distribution of electricity; solar power facilities; and distribution of natural gas. The company was formerly known as Northeast Utilities and changed its name to Eversource Energy in April 2015. Eversource Energy is based in Springfield, Massachusetts.
On January 31, ES announced a quarterly dividend of $0.715.
This is a 5.9% increase from the prior dividend of $0.675.
Payable March 29 for shareholders of record March 5 ex-div March 4.
Quest Diagnostics Incorporated (DGX)
Quest Diagnostics Incorporated provides diagnostic testing, information, and services in the United States and internationally. The company develops and delivers diagnostic information services, such as routine testing, non-routine and advanced clinical testing, anatomic pathology testing, and other diagnostic information services. Quest Diagnostics Incorporated was founded in 1967 and is headquartered in Secaucus, New Jersey.
On February 1, DGX announced a quarterly dividend of $0.75.
This is a 5.6% increase from the prior dividend of $0.71.
Payable April 22 for shareholders of record April 8 ex-div April 5.
Brookfield Infrastructure Partners L.P. (BIP)
Brookfield Infrastructure Partners L.P. owns and operates utilities, transport, midstream, and data businesses in North and South America, Europe, and the Asia Pacific. The company’s Utilities segment operates approximately 60,000 kilometers (km) of operational electricity transmission and distribution lines; 2,900 km of electricity transmission lines; 4,200 km of natural gas pipelines; 7.8 million electricity and natural gas connections; and 540,000 long-term contracted sub-metering services. The company was incorporated in 2007 and is based in Hamilton, Bermuda.Brookfield Infrastructure Partners L.P operates as a subsidiary of Brookfield Corporation.
On February 1, BIP announced a quarterly distribution of $0.405.
This is a 5.9% increase from the prior distribution of $0.3825.
Payable March 29 for shareholders of record February 29 ex-div February 28.
International Bancshares Corporation (IBOC)
International Bancshares Corporation, a financial holding company, provides commercial and retail banking services in Texas and the State of Oklahoma. It accepts checking and saving deposits; and offers commercial, real estate, personal, home improvement, automobile, and other installment and term loans. International Bancshares Corporation was founded in 1966 and is headquartered in Laredo, Texas.
On February 1, IBOC announced a quarterly dividend of $0.66.
This is a 4.8% increase from the prior dividend of $0.63.
Payable February 28 for shareholders of record March 15 ex-div March 14.
Exponent, Inc. (EXPO)
Exponent, Inc., together with its subsidiaries, operates as a science and engineering consulting company in the United States and internationally. The company operates in two segments, Engineering and Other Scientific, and Environmental and Health. The company was formerly known as The Failure Group, Inc. and changed its name to Exponent, Inc. in 1998. Exponent, Inc. was founded in 1967 and is headquartered in Menlo Park, California.
On February 1, EXPO announced a quarterly dividend of $0.28.
This is a 7.7% increase from the prior dividend of $0.26.
Payable March 22 for shareholders of record March 8 ex-div March 7.
Camden Property Trust (CPT)
Camden Property Trust, an S&P 500 Company, is a real estate company primarily engaged in the ownership, management, development, redevelopment, acquisition, and construction of multifamily apartment communities. Camden owns and operates 172 properties containing 58,961 apartment homes across the United States.
On February 1, CPT announced a quarterly dividend of $1.03.
This is a 3.0% increase from the prior dividend of $1.00.
Payable April 17 for shareholders of record March 29 ex-div March 28.
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 February 1, MCHP announced a quarterly dividend of $0.45.
This is a 2.5% increase from the prior dividend of $0.439.
Payable March 8 for shareholders of record February 23 ex-div February 22.
Southside Bancshares, Inc. (SBSI)
Southside Bancshares, Inc. operates as the bank holding company for Southside Bank that provides a range of financial services to individuals, businesses, municipal entities, and nonprofit organizations. Its deposit products include savings, money market, and interest and noninterest bearing checking accounts, as well as certificates of deposit. Southside Bancshares, Inc. was founded in 1960 and is headquartered in Tyler, Texas.
On February 1, SBSI announced a quarterly dividend of $0.36.
This is a 2.9% increase from the prior dividend of $0.35.
Payable February 29 for shareholders of record February 15 ex-div February 14.
Polaris Inc. (PII)
Polaris Inc. designs, engineers, manufactures, and markets powersports vehicles worldwide. It operates through three segments: Off-Road, On-Road, and Marine. The company was formerly known as Polaris Industries Inc. Polaris Inc. was founded in 1945 and is headquartered in Medina, Minnesota.
On February 1, PII announced a quarterly dividend of $0.66.
This is a 1.5% increase from the prior dividend of $0.65.
Payable March 15 for shareholders of record March 1 ex-div February 29.
Chevron Corporation (CVX)
Chevron Corporation, through its subsidiaries, engages in the integrated energy and chemicals operations in the United States and internationally. The company operates in two segments, Upstream and Downstream. Chevron Corporation was founded in 1879 and is headquartered in San Ramon, California.
On February 2, CVX announced a quarterly dividend of $1.63.
This is a 7.9% increase from the prior dividend of $1.51.
Payable March 11 for shareholders of record February 16 ex-div February 15.
Brookfield Renewable Partners L.P. (BEP)
Brookfield Renewable Partners L.P. owns a portfolio of renewable power generating facilities primarily in North America, Colombia, Brazil, Europe, and Asia. The company generates electricity through hydroelectric, wind, solar, distributed generation, pumped storage, cogeneration, and biomass sources. Brookfield Renewable Partners L.P. was founded in 1999 and is headquartered in Hamilton, Bermuda. Brookfield Renewable Partners L.P operates as a subsidiary of Brookfield Corporation.
On February 2, BEP announced a quarterly distribution of $0.355.
This is a 5.2% increase from the prior dividend of $0.3375.
Payable March 28 for shareholders of record February 29 ex-div February 28.
Church & Dwight Co., Inc. (CHD)
Church & Dwight Co., Inc. develops, manufactures, and markets household, personal care, and specialty products. It operates in three segments: Consumer Domestic, Consumer International, and Specialty Products Division. The company was founded in 1846 and is headquartered in Ewing, New Jersey.
On February 2, CHD announced a quarterly dividend of $0.2838.
This is a 4.1% increase from the prior dividend of $0.2725.
Payable March 1 for shareholders of record February 15 ex-div February 14.
Commerce Bancshares, Inc. (CBSH)
Commerce Bancshares, Inc. operates as the bank holding company for Commerce Bank that provides retail, mortgage banking, corporate, investment, trust, and asset management products and services to individuals and businesses in the United States. It operates through three segments: Consumer, Commercial, and Wealth. Commerce Bancshares, Inc. was founded in 1865 and is headquartered in Kansas City, Missouri.
On February 2, CBSH announced a quarterly dividend of $0.27.
This is a 5.1% increase from the prior dividend of $0.257.
Payable March 25 for shareholders of record March 7 ex-div March 6.
Postal Realty Trust, Inc. (PSTL)
Postal Realty Trust, Inc. is an internally managed real estate investment trust that owns and manages over 1,800 properties leased primarily to the USPS.
On February 2, PSTL announced a quarterly dividend of $0.24.
This is a 1.1% increase from the prior dividend of $0.2375.
Payable February 29 for shareholders of record February 16 ex-div February 15.
Archive of Dividend Increases
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