Dividend Track Records

OneMain Holdings, Inc. (OMF) will pay a special dividend of $2.00 per share in 2019. Earlier this year the financial services company initiated a quarterly dividend. On July 29, 2019, the company declared a regular quarterly dividend of $0.25 per share and a special dividend of $2.00 per share, payable on September 13, 2019 to record holders of our common stock as of the close of business on August 27, 2019. "We drove strong earnings growth and further enhanced the strength of our balance sheet during the second quarter 2019," said Doug Shulman, President and CEO of OneMain. "In addition, we declared a robust special dividend, underscoring the considerable capital generation of our business as we continue to execute on the strategic priorities that we outlined for 2019, which include disciplined receivables growth, improved credit losses and reduced leverage. We will continue to focus on serving our customers and, in so doing, will also drive tremendous shareholder v...

Amphenol Corp (APH) will raise its quarterly dividend by 8.7 percent to $0.25 per share in 2019. The company has now raised its dividend for 8 consecutive years. The next dividend will be paid on October 9, 2019 to holders of record of the Company’s Class A common stock as of September 17, 2019. A new annual dividend rate of $1.00 per share yields 1.1% at a stock price of $95.28. Amphenol Corporation is a manufacturer of electrical, electronic and fiber optic connectors, interconnect systems, antennas, sensors and sensor-based products and coaxial and high-speed specialty cable. The company serves the Automotive, Broadband Communications, Commercial Aerospace, Industrial, Information Technology and Data Communications, Military, Mobile Devices and Mobile Networks markets.

The Regions Financial Corporation (RF) will raise its quarterly dividend by 10.7 percent to $0.155 per share in the third quarter of 2019. This marks the 7th consecutive year of annual dividend increases by the commercial bank. The new dividend is payable on October 1, 2019, to stockholders of record at the close of business on September 6, 2019. The new annual dividend of 62 cents per share yields 3.9% at a stock price of $16.04. Regions Financial Corporation is a financial holding company. The company conducts its banking operations through Regions Bank, an Alabama state-chartered commercial bank, which is a member of the Federal Reserve System. The company is a full-service provider of consumer and commercial banking, wealth management, mortgage, and insurance products and services in the United States. Regions serves customers across the South, Midwest and Texas.

Railroad operator Union Pacific Corp (UNP) will raise its quarterly dividend by another 10.2 percent to $0.97 per share in 2019. This is the second dividend hike by UNP this year for a total increase of 21.3 percent. The next dividend is payable September 30, 2019, to shareholders of record August 30, 2019. This marks Union Pacific's fifth dividend increase in the past eight quarters. A new annual rate of $3.88 per share yields 2.2% at a stock price of $174.45. "The dividend increase demonstrates our continued confidence in Union Pacific's ability to grow cash returns for our shareholders," said Rob Knight, Union Pacific chief financial officer. "This is consistent with our current financial guidance to maintain a dividend payout ratio between 40 and 45 percent." Union Pacific Corporation is a railroad operating company. Union Pacific Railroad is the principal operating company of Union Pacific Corporation, connecting 23 states in the western two-third...

MPLX LP (MPLX) will raise its quarterly distribution by another 1.5 percent to $0.6675 per unit in the 3rd quarter of 2019. Last year MPLX hiked its distribution by a total of 8.1 percent. The next distribution will be paid on August 14, 2019, to common unitholders of record as of August 5, 2019. The new distribution of $2.67 on an annualized basis yields 8.5% at a stock price of $31.48. MPLX is a master limited partnership that owns and operates midstream energy infrastructure and logistics assets, and provides fuels distribution services. MPLX's assets include a network of crude oil and refined product pipelines; an inland marine business; light-product terminals; storage caverns; refinery tanks, docks, loading racks, and associated piping; and crude and light-product marine terminals. The company also owns crude oil and natural gas gathering systems and pipelines as well as natural gas and NGL processing and fractionation facilities in key U.S. supply basins. MPLX was formed...

Northern Trust Corp (NTRS) will raise its quarterly dividend by another 16.7 percent to $0.70 per share in 2019. Earlier this year the dividend was already increased by5 cents to 60 cents per share quarterly. The increased dividend is payable on October 1, 2019, to holders of record on September 13, 2019. A new annual rate of $2.80 yields 2.9% at a stock price of $96. Northern Trust Corporation is a provider of wealth management, asset servicing, asset management and banking to corporations, institutions, affluent families and individuals. Founded in Chicago in 1889, Northern Trust has a global presence with offices in The United States, Canada, Europe, the Middle East and the Asia-Pacific region.

PPG Industries (PPG) will raise its quarterly dividend by 6.3 percent to $0.51 per share. This marks the 48th consecutive year of dividend increases by Dividend Aristocrat PPG.

PPG Industries (PPG) will raise its quarterly dividend by 6.3 percent to $0.51 per share in 2019. This marks the 48th consecutive year of dividend increases by Dividend Aristocrat PPG. The next dividend is payable September 12, 2019, to shareholders of record August 12, 2019. The new annual dividend rate of $2.04 per share yields 1.7% at a stock price of $117.51. PPG Industries, Inc., manufactures and distributes paints, coatings and specialty materials. PPG’s business is comprised of two reportable business segments: Performance Coatings and Industrial Coatings. PPG's products are used by customers in a wide array of end-uses, including industrial equipment and components; packaging material; aircraft and marine equipment; automotive original equipment, automotive refinish; as well as for other industrial and consumer products. PPG also serves commercial and residential new build and maintenance customers by supplying coatings to painting and maintenance contractors and direct...

Citizens Financial Group (CFG) will raise its quarterly dividend by another 12.5 percent to $0.36 per share in the third quarter of 2019. This is the second dividend hike this year for a total increase of 33.3 percent. The dividend is payable on August 14, 2019 to shareholders of record at the close of business on July 31, 2019. The new annual rate of $1.44 per share yields 3.9% at a stock price of $36.83. Citizens Financial Group, Inc. operates as the bank holding company for Citizens Bank, N.A. and Citizens Bank of Pennsylvania. Headquartered in Providence, Rhode Island, Citizens offers retail and commercial banking products and services to individuals, small businesses, middle-market companies, large corporations and institutions. Citizens has branches in 11 states in the New England, Mid-Atlantic and Midwest regions. Consumer Banking products and services include a full range of banking, lending, savings, wealth management and small business offerings. In Commercial Banking, Ci...

Penske Automotive (PAG) will raise its quarterly dividend by another 2.6 percent to $0.40 per share in the third quarter of 2019. This brings the total dividend increase this year to 8.1 percent. The next dividend is payable on September 4, 2019, to shareholders of record on August 9, 2019. A new annual rate of $1.60 per share yields 3.6% at a stock price of $44. Penske Automotive Group President Robert H. Kurnick, Jr., said, "We are pleased to offer our shareholders an increase in the quarterly dividend for the 33rd consecutive quarter.  Our sector leading dividend represents a yield of 3.6% and reinforces our commitment to PAG shareholders." Penske Automotive Group, Inc. is an international transportation services company that operates automotive and commercial truck dealerships principally in the United States, Canada and Western Europe, and distributes commercial vehicles, diesel engines, gas engines, power systems and related parts and services principally in Austr...

South Plains Financial (SPFI) will start paying a quarterly dividend of $0.03 per share. Earlier this year the bank holding company for City Bank went public and this is the first ever dividend payment. The first dividend is payable on August 7, 2019, to shareholders of record as of the close of business on July 24, 2019. An annualized dividend rate of 12 cents yields 0.7% at a stock price of $17.42. South Plains is the bank holding company for City Bank, a Texas chartered bank headquartered in Lubbock, Texas. City Bank is one of the largest independent banks in West Texas and has additional banking operations in the Dallas and El Paso markets, as well as in the Greater Houston, and College Station Texas markets, and the Ruidoso and Eastern New Mexico markets. South Plains provides commercial and consumer financial services to small and medium-sized businesses and individuals in its market areas. Its principal business activities include commercial and retail banking, along with in...

Enterprise Products Partners L.P. (EPD) will raise its quarterly distribution by another 0.6 percent to $0.44 per unit in the third quarter of 2019.  This distribution is the partnership’s 60th consecutive quarterly distribution increase. The next quarterly distribution will be paid Tuesday, August 13, 2019, to unitholders of record as of the close of business Wednesday, July 31, 2019. A new annualized rate of $1.76 yields 5.8% at a stock price of $30.49. Enterprise Products Partners L.P. is a North American provider of midstream energy services to producers and consumers of natural gas, NGLs, crude oil, refined products and petrochemicals. EPD's services include: natural gas gathering, treating, processing, transportation and storage; NGL transportation, fractionation, storage, and export and import terminals; crude oil gathering, transportation, storage, export and terminals; petrochemical and refined products transportation, storage and terminals; and a marine transportation...

PNC Financial Services Group (PNC) will raise its quarterly dividend by 21.1 percent to $1.15 per share in 2019. This marks the 9th consecutive year of higher dividends by the financial services company. The next dividend will be payable August 5, 2019 to shareholders of record at the close of business July 19, 2019. A new annual dividend rate of $4.60 per share yields 3.3% at a stock price of $138.76. "The significant increase to our dividend is a result of PNC's consistent performance, strong capital levels and our board's confidence in our business model as a Main Street bank," said William S. Demchak, PNC chairman, president and chief executive officer. The PNC Financial Services Group, Inc. is a diversified financial services company.  The company has businesses engaged in retail banking, including residential mortgage, corporate and institutional banking and asset management, providing many of our products and services nationally. PNC's retail branch n...

John B Sanfilippo & Son (JBSS) will increase its annual dividend by 9.1 percent $0.60 per share in 2019. Also a $2.40 per share special dividend will be paid. Last year the food processing company also paid a special dividend. Both dividends will be paid on August 20, 2019 to stockholders of record as of the close of business on August 6, 2019. The regular annual dividend of 60 cents yields 0.7% at a stock price of $80.67. “We are pleased to announce the $2.40 per share Special Dividend and the $0.60 per share Annual Dividend,” stated Jeffrey T. Sanfilippo, Chairman and Chief Executive Officer. “Our financial performance in the first three quarters of fiscal 2019 has provided us the opportunity to declare the Special Dividend and increase our Annual Dividend by $0.05 per share over last year’s Annual Dividend. These dividends, like our previous dividends, further reinforce our goal of creating long-term stockholder value through the responsible use of cash. Furthermore, these d...

MSC Industrial Direct Co (MSM) will raise its quarterly dividend by 19.0 percent to $0.75 per share in 2019. Last year the metalworking products company hiked its dividend two times by a total of 31.3 percent. The next dividend is payable on August 6, 2019, to shareholders of record on the close of business on July 23, 2019. The ex-dividend date is July 22, 2019. Rustom Jilla, executive vice president and chief financial officer, stated, "As you saw this morning, the Board of Directors increased our quarterly dividend, reflecting confidence in our balance sheet and free cash flow, and a higher hurdle rate on acquisitions going forward." MSC Industrial Direct Co., Inc. is a North American distributor of metalworking and maintenance, repair and operations (MRO) products and services. The company serves customers throughout the United States, Canada and the United Kingdom, from individual machine shops, to Fortune 100 manufacturing companies, to government agencies such as...

Delta Air Lines (DAL) will raise its quarterly dividend by 15.0 percent to $0.4025 per share in 2019. This follows last year's 14.8 percent dividend hike and marks the 6th consecutive year of dividend increases by the air transportation company. The next dividend will be payable to shareholders of record as of the close of business on July 25, 2019, to be paid on August 15, 2019. A new annual rate of $1.61 per share yields 2.6% at a stock price of $61.66. "With efficiency gains from our operations, fleet transformation, and One Delta initiatives, we have solid line of sight to achieve our 1% cost growth target for the year," said Paul Jacobson, Delta's chief financial officer.  "Our strong financial foundation and cash generation allow us to sustainably invest in the business, while maintaining our investment grade balance sheet and consistently returning cash to shareholders.  With our cash flow exceeding original expectations, we are on track to return $3 b...

Ryder System (R) will raise its quarterly dividend by 3.7 percent to $0.56 per share in2019. The logistics company hiked its dividend by a total of 8 cents to 56 cents per share last year. The increased dividend will be paid on September 20, 2019, to shareholders of record on August 19, 2019. The new dividend for Ryder System is 3.9% and 2019 will mark the 15th consecutive year of dividend increases. Ryder System, Inc. is a commercial fleet management, dedicated transportation, and supply chain solutions company. The company's offerings range from full-service leasing, commercial rental and maintenance of vehicles to integrated services to customers principally in the United States, Canada, Asia and the United Kingdom. The company has paid a dividend every year since 1976.