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, 25 companies announced dividend increases and one announced a dividend cut. This is the first 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.
NextEra Energy, Inc. (NEE)
NextEra Energy, Inc., through its subsidiaries, generates, transmits, distributes, and sells electric power to retail and wholesale customers in North America. The company generates electricity through wind, solar, nuclear,natural gas, and other clean energy. NextEra Energy, Inc. was founded in 1925 and is headquartered in Juno Beach, Florida.
On February 16, NEE announced a quarterly dividend of $0.515.
This is a 10.2% increase from the prior dividend of $0.4675.
Payable March 15 for shareholders of record February 27 ex-div February 26.
The Home Depot, Inc. (HD)
The Home Depot, Inc. operates as a home improvement retailer. It sells various building materials, home improvement products, lawn and garden products, and décor products, as well as facilities maintenance, repair, and operations products. The Home Depot stores. The Home Depot, Inc. was incorporated in 1978 and is based in Atlanta, Georgia.
On February 20, HD announced a quarterly dividend of $2.25.
This is a 7.7% increase from the prior dividend of $2.09.
Payable March 21 for shareholders of record March 7 ex-div March 6.
Walmart Inc. (WMT)
through three segments: Walmart U.S., Walmart International, and Sam's Club. It operates supercenters, supermarkets, hypermarkets, warehouse clubs, cash and carry stores, and discount stores under Walmart and Walmart Neighborhood Market brands. Walmart Inc. was founded in 1945 and is based in Bentonville, Arkansas.
On February 20, WMT announced a quarterly dividend on a post-stock split basis of $0.2075.
This is a 9.2% increase from the prior dividend on a post-stock split basis of $0.1425.
Payable April 1 for shareholders of record March 15 ex-div March 14.
iA Financial Corporation Inc. (TSE:IAG)
iA Financial Corporation Inc., through its subsidiary, Industrial Alliance Insurance and Financial Services Inc., provides various life and health insurance products in Canada and the United States. The company operates through Individual Insurance, Individual Wealth Management, Group Insurance, Group Savings and Retirement, and US Operations businesses. iA Financial Corporation Inc. was founded in 1892 and is headquartered in Québec, Canada.
On February 20, IAG announced a quarterly dividend of C$0.82.
This is a 7.2% increase from the prior dividend of C$0.765.
Payable March 15 for shareholders of record March 1 ex-div February 29.
Analog Devices, Inc. (ADI)
Analog Devices, Inc. designs, manufactures, tests, and markets integrated circuits (ICs), software, and subsystems products in the United States, rest of North and South America, Europe, Japan, China, and rest of Asia. Analog Devices, Inc. was incorporated in 1965 and is headquartered in Wilmington, Massachusetts.
On February 20, ADI announced a quarterly dividend of $0.92.
This is a 7.0% increase from the prior dividend of $0.86.
Payable March 15 for shareholders of record March 5 ex-div March 4.
International Flavors & Fragrances Inc. (IFF)
International Flavors & Fragrances Inc., together with its subsidiaries, manufactures and sells cosmetic active and natural health ingredients for use in various consumer products in Europe, Africa, the Middle East, Greater Asia, North America, and Latin America. It operates through four segments: Nourish, Scent, Health & Biosciences, and Pharma Solutions. International Flavors & Fragrances Inc. was founded in 1833 and is headquartered in New York, New York.
On February 20, IFF announced a quarterly dividend of $0.40.
This is a 50.6% decrease from the prior dividend of $0.81.
Payable April 10 for shareholders of record March 22 ex-div March 21.
Assured Guaranty Ltd. (AGO)
Assured Guaranty Ltd., through its subsidiaries, provides credit protection products to public finance, infrastructure, and structured finance markets in the United States and internationally. The company operates in two segments, Insurance and Asset Management. Assured Guaranty Ltd. was incorporated in 2003 and is headquartered in Hamilton, Bermuda.
On February 21, AGO announced a quarterly dividend of $0.31.
This is a 10.7% increase from the prior dividend of $0.28.
Payable March 20 for shareholders of record March 6 ex-div March 5.
Verisk Analytics, Inc. (VRSK)
Verisk Analytics, Inc. provides data analytics solutions to the insurance markets in the United States and internationally. The company provides predictive analytics and decision support solutions to customers in rating, underwriting, claims, catastrophe and weather risk, global risk analytics, and various other fields. The company was founded in 1971 and is headquartered in Jersey City, New Jersey.
On February 21, VRSK announced a quarterly dividend of $0.39.
This is a 14.7% increase from the prior dividend of $0.34.
Payable March 29 for shareholders of record March 15 ex-div March 14.
Diamondback Energy, Inc. (FANG)
Diamondback Energy, Inc., an independent oil and natural gas company, focuses on the acquisition, development, exploration, and exploitation of unconventional and onshore oil and natural gas reserves in the Permian Basin in West Texas. Diamondback Energy, Inc. was founded in 2007 and is headquartered in Midland, Texas.
On February 20, FANG announced a quarterly dividend of $0.90.
This is a 7.1% increase from the prior dividend of $0.84.
Payable March 12 for shareholders of record March 5 ex-div March 4.
Xcel Energy Inc. (XEL)
Xcel Energy Inc., through its subsidiaries, generates, purchases, transmits, distributes, and sells electricity. It operates through Regulated Electric Utility, Regulated Natural Gas Utility, and All Other segments. The company generates electricity through coal, nuclear, natural gas, hydroelectric, solar, biomass, oil, wood/refuse, and wind energy sources. The company was incorporated in 1909 and is headquartered in Minneapolis, Minnesota.
On February 21, XEL announced a quarterly dividend of $0.5475.
This is a 5.3% increase from the prior dividend of $0.52.
Payable April 20 for shareholders of record March 15 ex-div March 14.
McGrath RentCorp (MGRC)
McGrath RentCorp operates as a business to business rental company in the United States and internationally. It rents and sells relocatable modular buildings, portable storage containers, electronic test equipment, and liquid and solid containment tanks and boxes. The company operates through Mobile Modular, TRS-RenTelco, and Enviroplex segments. The company was incorporated in 1979 and is based in Livermore, California.
On February 21, MGRC announced a quarterly dividend of $0.475.
This is a 2.2% increase from the prior dividend of $0.465.
Payable April 30 for shareholders of record April 16 ex-div April 15.
Thermo Fisher Scientific Inc. (TMO)
Thermo Fisher Scientific Inc. provides life sciences solutions, analytical instruments, specialty diagnostics, and laboratory products and biopharma services in the United States and internationally. Thermo Fisher Scientific Inc. was founded in 1956 and is headquartered in Waltham, Massachusetts.
On February 21, TMO announced a quarterly dividend of $0.39.
This is a 11.4% increase from the prior dividend of $0.35.
Payable April 15 for shareholders of record March 15 ex-div March 14.
AMERISAFE, Inc. (AMSF)
AMERISAFE, Inc., an insurance holding company, underwrites workers’ compensation insurance in the United States. The company’s workers’ compensation insurance policies provide benefits to injured employees for temporary or permanent disability, death, and medical and hospital expenses. AMERISAFE, Inc. was incorporated in 1985 and is based in DeRidder, Louisiana.
On February 21, AMSF announced a quarterly dividend of $0.37.
This is an 8.8% increase from the prior dividend of $0.34.
Payable March 22 for shareholders of record March 8 ex-div March 7.
Archive of Dividend Increases
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