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, 39 companies announced dividend increases and one
decrease. 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.
Cisco Systems, Inc. (CSCO)
Cisco Systems, Inc. designs, manufactures, and sells
Internet Protocol based networking and other products related to the
communications and information technology industry in the Americas, Europe, the
Middle East, Africa, the Asia Pacific, Japan, and China. It provides
infrastructure platforms, including networking technologies of switching,
routing, wireless, and data center products that are designed to work together
to deliver networking capabilities, and transport and/or store data. Cisco
Systems, Inc. was incorporated in 1984 and is headquartered in San Jose,
California.
On February 16, CSCO declared
a quarterly dividend of $0.38 per share.
This is a 2.7%
increase from prior dividend of $0.37.
Payable April 27 for
shareholders of record April 6, ex-div April 5.
MVB Financial Corp. (MVBF)
MVB Financial Corp., together with its subsidiaries,
provides banking and mortgage products and services to individuals and
corporate clients in the United States. The company operates through three
segments: Commercial and Retail Banking; Mortgage Banking; and Financial
Holding Company. MVB Financial Corp. was founded in 1997 and is headquartered
in Fairmont, West Virginia.
On February 16, MVBF declared a
quarterly dividend of $0.17 per share.
This is a 13.3%
increase from prior dividend of $0.15.
Payable March 15 for
shareholders of record March 1, ex-div February 28.
goeasy Ltd. (TSE:GSY)
goeasy Ltd. provides non-prime leasing and lending services
to consumers in Canada. The company operates through two segments,
Easyfinancial and Easyhome. goeasy Ltd. was incorporated in 1990 and is
headquartered in Mississauga, Canada
On February 16, GSY declared
a quarterly dividend of C$0.91 per share.
This is a 37.9%
increase from prior dividend of C$0.66.
Payable April 8 for
shareholders of record March 25, ex-div March 24.
Humana Inc. (HUM)
Humana Inc., together with its subsidiaries, operates as a
health and well-being company in the United States. It operates through Retail,
Group and Specialty, and Healthcare Services segments. The company offers
medical and supplemental benefit plans to individuals. Humana Inc. was incorporated
in 1964 and is headquartered in Louisville, Kentucky.
On February 17, HUM declared a
quarterly dividend of $0.7875 per share.
This is a 12.5%
increase from prior dividend of $0.70.
Payable April 29 for
shareholders of record March 31, ex-div March 30.
Walmart Inc. (WMT)
Walmart Inc. engages in the operation of retail, wholesale,
and other units worldwide. The company operates 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; membership-only warehouse clubs; ecommerce websites, such as
walmart.com, walmart.com.mx, walmart.ca, flipkart.com, and samsclub.com; and
mobile commerce applications. Walmart Inc. was founded in 1945 and is based in
Bentonville, Arkansas.
On February 17, WMT declared a
quarterly dividend of $0.56 per share.
This is a 1.8%
increase from prior dividend of $0.55.
Payable April 4 for
shareholders of record March 18, ex-div March 17.
Brunswick Corporation (BC)
Brunswick Corporation designs, manufactures, and markets
recreation products worldwide. It operates through Propulsion; Parts &
Accessories; and Boat segments. Brunswick Corporation was founded in 1845 and
is headquartered in Mettawa, Illinois.
On February 17, BC declared
a quarterly dividend of $0.365 per share.
This is a 9.0%
increase from prior dividend of $0.335.
Payable March 15 for
shareholders of record February 23, ex-div February 22.
Service Corporation International (SCI)
Service Corporation International provides deathcare
products and services in the United States and Canada. The company operates
through Funeral and Cemetery segments. The company was incorporated in 1962 and
is headquartered in Houston, Texas.
On February 17, SCI declared
a quarterly dividend of $0.25 per share.
This is an 8.7%
increase from prior dividend of $0.23.
Payable March 31 for
shareholders of record March 15, ex-div March 14.
United Bancorp, Inc. (UBCP)
United Bancorp, Inc. operates as the bank holding company
for Unified Bank that provides commercial and retail banking services in Ohio.
It accepts demand, savings, and time deposits, as well as grants commercial,
commercial and residential real estate, and consumer loans. United Bancorp,
Inc. was founded in 1902 and is headquartered in Martins Ferry, Ohio.
On February 17, UBCP declared
a quarterly dividend of $0.1525 per share.
This is a 1.7%
increase from prior dividend of $0.15.
Payable March 18 for
shareholders of record March 10 ex-div March 9.
The Coca-Cola Company (KO)
The Coca-Cola Company, a beverage company, manufactures,
markets, and sells various nonalcoholic beverages worldwide. The company
provides sparkling soft drinks; water, enhanced water, and sports drinks; juice,
dairy, and plant–based beverages; tea and coffee; and energy drinks. It also
offers beverage concentrates and syrups, as well as fountain syrups to fountain
retailers, such as restaurants and convenience stores. The company was founded
in 1886 and is headquartered in Atlanta, Georgia.
On February 17, KO declared a
quarterly dividend of $0.44 per share.
This is a 4.8%
increase from prior dividend of $0.42.
Payable April 1 for
shareholders of record March 15, ex-div March 14.
Financial Institutions, Inc. (FISI)
Financial Institutions, Inc. operates as a holding company
for the Five Star Bank that provides banking and financial services to
individuals, municipalities, and businesses. The company offers checking and
savings account programs, including money market accounts, certificates of
deposit, sweep investments, and individual retirement and other qualified plan
accounts. Financial Institutions, Inc. was founded in 1817 and is headquartered
in Warsaw, New York.
On February 17, FISI declared
a quarterly dividend of $0.29 per share.
This is a 7.4%
increase from prior dividend of $0.27.
Payable April 4 for
shareholders of record March 18, ex-div March 17.
Telephone and Data Systems, Inc. (TDS)
Telephone and Data Systems, Inc., a telecommunications
company, provides communications services in the United States. It operates
through three segments: UScellular, Wireline, and Cable. The company was
incorporated in 1968 and is headquartered in Chicago, Illinois.
On February 17, TDS declared
a quarterly dividend of $0.18 per share.
This is a 2.9%
increase from prior dividend of $0.175.
Payable March 31 for
shareholders of record March 15, ex-div March 14.
Medical Properties Trust, Inc. (MPW)
Medical Properties Trust, Inc. is a self-advised real estate
investment trust formed in 2003 to acquire and develop net-leased hospital
facilities. From its inception in Birmingham, Alabama, the Company has grown to
become one of the world’s largest owners of hospitals with 431 facilities and
roughly 43,000 licensed beds in nine countries and across four continents on a
pro forma basis. MPT’s financing model facilitates acquisitions and
recapitalizations and allows operators of hospitals to unlock the value of
their real estate assets to fund facility improvements, technology upgrades and
other investments in operations.
On February 17, MPW declared a
quarterly dividend of $0.29 per share.
This is a 3.6%
increase from prior dividend of $0.28.
Payable April 14 for
shareholders of record March 17, ex-div March 16.
United Community Banks, Inc. (UCBI)
United Community Banks, Inc. operates as the financial
holding company for United Community Bank that provides banking services for
individuals, small businesses, and companies. The company accepts various
deposit products, including checking, savings, money market, and other deposit
accounts. United Community Banks, Inc. was founded in 1950 and is based in
Blairsville, Georgia.
On February 17, UCBI declared
a quarterly dividend of $0.21 per share.
This is a 5.0%
increase from prior dividend of $0.20.
Payable April 5 for
shareholders of record March 15, ex-div March 14.
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, and fossil fuel, such as coal and natural gas facilities. NextEra
Energy, Inc. was founded in 1925 and is headquartered in Juno Beach, Florida.
On February 18, NEE declared
a quarterly dividend of $0.425 per share.
This is a 10.4%
increase from prior dividend of $0.385.
Payable March 15 for
shareholders of record March 1, ex-div February 28.
PPL Corporation (PPL)
PPL Corporation, a utility holding company, delivers
electricity and natural gas in the United States and the United Kingdom. The
company operates through three segments: U.K. Regulated, Kentucky Regulated,
and Pennsylvania Regulated. PPL Corporation was founded in 1920 and is
headquartered in Allentown, Pennsylvania.
On February 18, PPL declared
a quarterly dividend of $0.20 per share.
This is a 51.8% decrease from prior dividend of $0.415.
Payable April 1 for
shareholders of record March 10, ex-div March 9.
Arbor Realty Trust, Inc. (ABR)
Arbor Realty Trust, Inc. invests in a diversified portfolio
of structured finance assets in the multifamily, single-family rental, and
commercial real estate markets in the United States. The company operates in
two segments, Structured Business and Agency Business. The company was
incorporated in 2003 and is headquartered in Uniondale, New York.
On February 18, ABR declared
a quarterly dividend of $0.37 per share.
This is a 2.8%
increase from prior dividend of $0.36.
Payable March 18 for
shareholders of record March 4, ex-div March 3.
Avnet, Inc. (AVT)
Avnet, Inc., a technology solutions company, markets, sells,
and distributes electronic components. The company operates through two
segments, Electronic Components and Farnell. Avnet, Inc. was founded in 1921
and is headquartered in Phoenix, Arizona.
On February 18, AVT declared a
quarterly dividend of $0.26 per share.
This is an 8.3%
increase from prior dividend of $0.24.
Payable March 16 for
shareholders of record March 2, ex-div March 1.
Peoples Bancorp of North Carolina, Inc. (PEBK)
Peoples Bancorp of North Carolina, Inc. operates as a bank
holding company for Peoples Bank that provides various commercial and consumer
banking products and services to individuals and small to medium-sized
businesses. It offers checking, savings, money market, and time deposits;
demand deposits; and certificates of deposit. Peoples Bancorp of North
Carolina, Inc. was founded in 1912 and is headquartered in Newton, North
Carolina.
On February 18, PEBK declared
a quarterly dividend of $0.18 per share.
This is a 5.9%
increase from prior dividend of $0.17.
Payable March 15 for
shareholders of record March 3, ex-div March 2.
The Allstate Corporation (ALL)
The Allstate Corporation, through its subsidiaries, provides
property and casualty, and other insurance products in the United States and
Canada. The company operates through Allstate Protection, Protection Services,
Allstate Life, and Allstate Benefits segments. The Allstate Corporation was
founded in 1931 and is based in Northbrook, Illinois.
On February 18, ALL declared a
quarterly dividend of $0.85 per share.
This is a 4.9%
increase from prior dividend of $0.81.
Payable April 1 for
shareholders of record February 28, ex-div February 25.
Aon plc (AON)
Aon plc, a professional services firm, provides advice and
solutions to clients focused on risk, retirement, and health worldwide. It
offers commercial risk solutions, including retail brokerage, cyber, and global
risk consulting solutions, as well as acts as a captive insurance solutions
provider; and health solutions, such as health and benefits brokerages, and
health care exchanges. Aon plc was founded in 1919 and is headquartered in
Dublin, Ireland.
On February 18, AON declared
a quarterly dividend of $0.56 per share.
This is a 9.8%
increase from prior dividend of $0.51.
Payable May
