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 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.
Turning Point Brands, Inc. (TPB)
Turning Point Brands, Inc., together with its subsidiaries, manufactures, markets, and distributes adult consumer products. It operates through Zig-Zag Products, Stoker’s Products, and NewGen Products segments. The company was founded in 1988 and is headquartered in Louisville, Kentucky.
On February 28, TPB announced a quarterly dividend of $0.07.
This is a 7.7% increase from the prior dividend of $0.065.
Payable April 12 for shareholders of record March 22 ex-div March 21.
Canadian Natural Resources Limited (TSE:CNQ)
Canadian Natural Resources Limited acquires, explores for, develops, produces, markets, and sells crude oil, natural gas, and natural gas liquids (NGLs). The company offers light and medium crude oil, primary heavy crude oil, Pelican Lake heavy crude oil, bitumen (thermal oil), and synthetic crude oil (SCO). Canadian Natural Resources Limited was incorporated in 1973 and is headquartered in Calgary, Canada.
On February 29, CNQ announced a quarterly dividend of C$1.05.
This is a 5.0% increase from the prior dividend of C$1.00.
Payable April 5 for shareholders of record March 15 ex-div March 14.
DENTSPLY SIRONA Inc. (XRAY)
DENTSPLY SIRONA Inc. manufactures and sells various dental products and technologies for professional dental market worldwide. The company operates through two segments, Technologies & Equipment, and Consumables. DENTSPLY SIRONA Inc. was founded in 1877 and is headquartered in Charlotte, North Carolina.
On February 29, XRAY announced a quarterly dividend of $0.16.
This is a 14.3% increase from the prior dividend of $0.14.
Payable April 12 for shareholders of record March 29 ex-div March 28.
Evergy, Inc. (EVRG)
Evergy, Inc., together with its subsidiaries, engages in the generation, transmission, distribution, and sale of electricity in Kansas and Missouri, the United States. The company generates electricity through coal, hydroelectric, landfill gas, uranium, and natural gas and oil sources, as well as solar, wind, other renewable sources. It serves residences, commercial firms, industrials, municipalities, and other electric utilities. The company was incorporated in 2017 and is headquartered in Kansas City, Missouri.
On February 29, EVRG announced a quarterly dividend of $0.6425.
This is a 4.9% increase from the prior dividend of $0.6125.
Payable March 22 for shareholders of record March 11 ex-div March 8.
Best Buy Co., Inc. (BBY)
Best Buy Co., Inc. engages in the retail of technology products in the United States and Canada. The company operates in two segments, Domestic and International. Its stores provide computing and mobile phone products, such as desktops, notebooks, and peripherals; mobile phones comprising related mobile network carrier commissions; networking products; tablets covering e-readers; smartwatches; and consumer electronics consisting of digital imaging, health and fitness products, home theater, portable audio comprising headphones and portable speakers, and smart home products. Best Buy Co., Inc. was incorporated in 1966 and is headquartered in Richfield, Minnesota.
On February 29, BBY announced a quarterly dividend of $0.94.
This is a 2.2% increase from the prior dividend of $0.92.
Payable April 11 for shareholders of record March 21 ex-div March 20.
Cogent Communications Holdings, Inc. (CCOI)
Cogent Communications Holdings, Inc., through its subsidiaries, provides high-speed Internet access, private network, and data center colocation space services in North America, Europe, Asia, South America, Australia, and Africa. Cogent Communications Holdings, Inc. was founded in 1999 and is headquartered in Washington, the District of Columbia.
On February 29, CCOI announced a quarterly dividend of $0.965.
This is a 1.0% increase from the prior dividend of $0.955.
Payable April 9 for shareholders of record March 15 ex-div March 14.
Eaton Corporation plc (ETN)
Eaton Corporation plc operates as a power management company worldwide. The company’s Electrical Americas and Electrical Global segment provides electrical components, industrial components, power distribution and assemblies, residential products, single and three phase power quality and connectivity products, wiring devices, circuit protection products, utility power distribution products, power reliability equipment, and services, as well as hazardous duty electrical equipment, emergency lighting, fire detection, explosion-proof instrumentation, and structural support systems. Eaton Corporation plc was founded in 1911 and is based in Dublin, Ireland.
On February 29, ETN announced a quarterly dividend of $0.94.
This is a 9.3% increase from the prior dividend of $0.86.
Payable March 29 for shareholders of record March 11 ex-div March 8.
Capital City Bank Group, Inc. (CCBG)
Capital City Bank Group, Inc. operates as the financial holding company for Capital City Bank that provides a range of banking services to individual and corporate clients. The company offers financing for commercial business properties, equipment, inventories, and accounts receivable, as well as commercial leasing and letters of credit; treasury management services; and merchant credit card transaction processing services. The company was founded in 1895 and is headquartered in Tallahassee, Florida.
On February 29, CCBG announced a quarterly dividend of $0.21.
This is a 5.0% increase from the prior dividend of $0.20.
Payable March 25 for shareholders of record March 11 ex-div March 8.
Old Republic International Corporation (ORI)
Old Republic International Corporation, through its subsidiaries, engages in the insurance underwriting and related services business primarily in the United States and Canada. It operates through three segments: General Insurance, Title Insurance, and Republic Financial Indemnity Group Run-off Business. Old Republic International Corporation was founded in 1923 and is based in Chicago, Illinois.
On March 1, ORI announced a quarterly dividend of $0.265.
This is an 8.2% increase from the prior dividend of $0.245.
Payable March 21 for shareholders of record March 11 ex-div March 8.
Global Industrial Company (GIC)
Global Industrial Company operates as a value-added industrial distributor of industrial and maintenance, repair, and operation (MRO) products in North America. The company offers industrial and MRO products under Global, GlobalIndustrial.com, Nexel, Paramount, and Interion trademarks. Global Industrial Company was founded in 1949 and is headquartered in Port Washington, New York.
On February 29, GIC announced a quarterly dividend of $0.25.
This is a 25.0% increase from the prior dividend of $0.20.
Payable March 18 for shareholders of record March 11 ex-div March 8.
Waste Management, Inc. (WM)
Waste Management, Inc., through its subsidiaries, engages in the provision of environmental solutions to residential, commercial, industrial, and municipal customers in the United States and Canada. The company was formerly known as USA Waste Services, Inc. and changed its name to Waste Management, Inc. in 1998. Waste Management, Inc. was incorporated in 1987 and is headquartered in Houston, Texas.
On March 1, WM announced a quarterly dividend of $0.75.
This is a 7.1% increase from the prior dividend of $0.70.
Payable March 28 for shareholders of record March 15 ex-div March 14.
Sun Communities, Inc. (SUI)
The Company is a fully integrated REIT listed on the New York Stock Exchange under the symbol: SUI. As of December 31, 2023, the Company owned, operated, or had an interest in a portfolio of 667 developed MH, RV and Marina properties comprising 179,310 developed sites and approximately 48,030 wet slips and dry storage spaces in the U.S., the UK and Canada.
On March 1, SUI announced a quarterly distribution of $0.94.
This is a 1.1% increase from the prior distribution of $0.93.
Payable April 15 for shareholders of record March 29 ex-div March 28.
Archive of Dividend Increases
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