Dividend Increases: Week 9 (Part 1)

 


 

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. Note that no dividend cuts or suspensions were announced during this period. 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.








Domino's Pizza, Inc. (DPZ)

Domino's Pizza, Inc., through its subsidiaries, operates as a pizza company in the United States and internationally. The company operates through three segments: U.S. Stores, International Franchise, and Supply Chain. It offers pizzas under the Domino's brand name through company-owned and franchised stores. Domino's Pizza, Inc. was founded in 1960 and is headquartered in Ann Arbor, Michigan.

On February 26, DPZ announced a quarterly dividend of $1.51.

This is a 24.8% increase from the prior dividend of $1.21.

Payable March 29 for shareholders of record March 15 ex-div March 14.


Steel Dynamics, Inc. (STLD)

Steel Dynamics, Inc., together with its subsidiaries, operates as a steel producer and metal recycler in the United States. It operates through three segments: Steel Operations, Metals Recycling Operations, and Steel Fabrication Operations. Steel Dynamics, Inc. was founded in 1993 and is headquartered in Fort Wayne, Indiana.

On February 26, STLD announced a quarterly dividend of $0.46.

This is an 8.2% increase from the prior dividend of $0.425.

Payable April 14 for shareholders of record March 31 ex-div March 27.


SBA Communications Corporation (SBAC)

SBA Communications Corporation is a leading independent owner and operator of wireless communications infrastructure including towers, buildings, rooftops, distributed antenna systems (DAS) and small cells. With a portfolio of more than 39,000 communications sites in 16 markets throughout the Americas, Africa and the Philippines, SBA is listed on NASDAQ under the symbol SBAC. Our organization is part of the S&P 500 and is one of the top Real Estate Investment Trusts (REITs) by market capitalization.

On February 26, SBAC announced a quarterly dividend of $0.98.

This is a 15.3% increase from the prior dividend of $0.85.

Payable March 28 for shareholders of record March 14 ex-div March 13.


Perrigo Company plc (PRGO)

Perrigo Company plc provides over-the-counter health and wellness solutions to enhance individual well-being in Ireland, the United States, France, Belgium, China, the United Kingdom, Germany, Switzerland, Austria, Italy, Australia, Greece, and Spain. It operates through Consumer Self-Care Americas and Consumer Self-Care International segments. Perrigo Company plc was founded in 1887 and is headquartered in Dublin, Ireland.

On February 26, PRGO announced a quarterly dividend of $0.276.

This is a 1.1% increase from the prior dividend of $0.273.

Payable March 26 for shareholders of record March 8 ex-div March 7.


TriCo Bancshares (TCBK)

TriCo Bancshares operates as a bank holding company for Tri Counties Bank that provides commercial banking services to individual and corporate customers. The company accepts demand, savings, and time deposits. The company was founded in 1975 and is headquartered in Chico, California.

On February 26, TCBK announced a quarterly dividend of $0.33.

This is a 10.0% increase from the prior dividend of $0.30.

Payable March 22 for shareholders of record March 8 ex-div March 7.


Sempra (SRE)

Sempra operates as an energy infrastructure company in the United States and internationally. It operates through four segments: San Diego Gas & Electric Company, Southern California Gas Company, Sempra Texas Utilities, and Sempra Infrastructure. Sempra was founded in 1998 and is based in San Diego, California.

On February 27, SRE announced a quarterly dividend of $0.62.

This is a 4.2% increase from the prior dividend of $0.595.

Payable April 15 for shareholders of record March 21 ex-div March 20.



Willis Towers Watson Public Limited Company (WTW)

Willis Towers Watson Public Limited Company operates as an advisory, broking, and solutions company worldwide. It operates through two segments: Health, Wealth & Career and Risk & Broking. Willis Towers Watson Public Limited Company was founded in 1828 and is based in London, the United Kingdom.

On February 27, WTW announced a quarterly dividend of $0.88.

This is a 4.8% increase from the prior dividend of $0.84.

Payable April 15 for shareholders of record March 31 ex-div March 27.


Linde plc (LIN)

Linde plc operates as an industrial gas company in North and South America, Europe, the Middle East, Africa, and the Asia Pacific. It offers atmospheric gases, including oxygen, nitrogen, argon, and rare gases; and process gases, such as carbon dioxide, helium, hydrogen, electronic gases, specialty gases, and acetylene. The company was founded in 1879 and is based in Woking, the United Kingdom.

On February 27, LIN announced a quarterly dividend of $1.39.

This is a 9.0% increase from the prior dividend of $1.275.

Payable March 28 for shareholders of record March 14 ex-div March 13.


eBay Inc. (EBAY)

eBay Inc. operates marketplace platforms that connect buyers and sellers in the United States and internationally. The company’s marketplace platform includes its online marketplace at ebay.com and the eBay suite of mobile apps. Its platforms enable users to list, buy, and sell various products. The company was founded in 1995 and is headquartered in San Jose, California.

On February 27, EBAY announced a quarterly dividend of $0.27.

This is an 8.0% increase from the prior dividend of $0.25.

Payable March 25 for shareholders of record March 11 ex-div March 8.


Silgan Holdings Inc. (SLGN)

Silgan Holdings Inc., together with its subsidiaries, manufactures and sells rigid packaging solutions for consumer goods products in the United States and internationally. It operates through three segments: Dispensing and Specialty Closures, Metal Containers, and Custom Containers. The company was founded in 1987 and is headquartered in Stamford, Connecticut.

On February 27, SLGN announced a quarterly dividend of $0.19.

This is a 5.6% increase from the prior dividend of $0.18.

Payable March 28 for shareholders of record March 14 ex-div March 13.


Parkland Corporation (TSE:PKI)

Parkland Corporation operates food and convenience stores in Canada, the United States, and internationally. The company’s Canada segment owns, supplies, and supports a coast-to-coast network of retail gas stations, electronic vehicle charging stations, frozen food retail locations, convenience stores, cardlock sites, bulk fuel, propane, heating oil, lubricants, and other related services to commercial, industrial, and residential customers. Parkland Corporation was founded in 1977 and is headquartered in Calgary, Canada.

On February 27, PKI announced a quarterly dividend of C$0.35.

This is a 2.9% increase from the prior dividend of C$0.34.

Payable April 15 for shareholders of record March 22 ex-div March 21.


LeMaitre Vascular, Inc. (LMAT)

LeMaitre Vascular, Inc. designs, markets, sells, services, and supports medical devices and implants for the treatment of peripheral vascular disease worldwide. It offers restoreflow allografts; angioscope, a fiberoptic catheter used for viewing the lumen of a blood vessel; embolectomy catheters to remove blood clots from arteries or veins; thrombectomy catheters for removing thrombi in the venous system; occlusion catheters that temporarily occlude the blood flow; perfusion catheters to perfuse the blood and other fluids into the vasculature; and thrombectomy catheters, which features a silicone balloon for removing thrombi in the venous system. LeMaitre Vascular, Inc. was incorporated in 1983 and is headquartered in Burlington, Massachusetts.

On February 27, LMAT announced a quarterly dividend of $0.16.

This is a 14.3% increase from the prior dividend of $0.14.

Payable March 28 for shareholders of record March 14 ex-div March 13.


BWX Technologies, Inc. (BWXT)

BWX Technologies, Inc., together with its subsidiaries, manufactures and sells nuclear components in the United States, Canada, and internationally. It operates through two segments, Government Operations and Commercial Operations. The company was formerly known as The Babcock & Wilcox Company and changed its name to BWX Technologies, Inc. in June 2015. BWX Technologies, Inc. was founded in 1867 and is headquartered in Lynchburg, Virginia.

On February 27, BWXTT announced a quarterly dividend of $0.24.

This is a 4.3% increase from the prior dividend of $0.23.

Payable March 28 for shareholders of record March 11 ex-div March 8.



Archive of Dividend Increases


Comments