Dividend Track Records

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...

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...

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...

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.