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Showing posts from September, 2019

CSB Bancorp hikes dividend by 7.7%

Levi Strauss initiates dividend

Levi Strauss & Co. (LEVI) will start paying a quarterly dividend of $0.15 per share. Earlier this year the jeans maker had announced its intention to pay a dividend of $55 million. The actual per share dividend is approximately $4 million dollars, or 7 percent higher than the amount the company named this January prior to its IPO. The first dividend is payable on October 17, 2019, to both Class A and Class B common stock shareholders of record as of the close of business on October 5, 2019. An annualized dividend rate of 60 cents yields 3.5% at a stock price of $17. Levi Strauss & Co. is a manufacturer of apparel. The company designs and markets jeans, casual wear and related accessories for men, women and children under the Levi's, Dockers, Signature by Levi Strauss & Co., and Denizen brands. Its products are sold worldwide through a combination of chain retailers, department stores, online sites, and retail stores and shop-in-shops. Levi Strauss & Co. became a...

These two Dividend Aristocrats yield more than 5%

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As of September 20, 2019 two Dividend Aristocrats yield at least five percent: AT&T and AbbVie. Check out the highest yielding and best performing Aristocrats YTD.

W.P. Carey hikes dividend by 0.2%

W. P. Carey (WPC) will raise its quarterly dividend by another 0.2 percent to $1.036 per share in 2019. The commercial REIT has raised its dividend for 21 consecutive years. The next dividend is payable on October 15, 2019 to stockholders of record as of September 30, 2019. A new annual rate of $4.144 per share yields 4.6% at a stock price of $90. W. P. Carey Inc. is a net lease commercial real estate investment trust that provides real estate-based financing solutions. The company invests in high-quality single-tenant industrial, warehouse, office and retail properties subject to long-term leases with built-in rent escalators. Its portfolio is located primarily in the U.S. and Northern and Western Europe and is well-diversified by tenant, property type, geographic location and tenant industry. W.P. Carey has paid a dividend every year since going public in 1998.

McDonald´s raises 2019 dividend by 8 percent

Dividend Aristocrat McDonald's (MCD) will raise its dividend by almost 8 percent to $1.25 per share quarterly in 2019, marking the 43rd consecutive annual dividend increase.

Verizon hikes dividend by 2.1%

Verizon Communications (VZ) will raise its quarterly dividend by 2.1 percent to $0.615 per share in 2019. This marks the company's 13th consecutive year of dividend increases. The quarterly dividend is payable on November 1, 2019, to Verizon shareowners of record at the close of business on October 10, 2019. A new annual rate of $2.46 per share yields 4.1% at a stock price of $60. Verizon Communications Inc., through its subsidiaries, provides communications, information and entertainment products and services. The company offers offers voice, data and video communications products and services and local and long distance voice services. Verizon's brands include TechCrunch, HuffPost, Yahoo Sports, AOL.com, MAKERS, Tumblr, Yahoo Finance and Yahoo Mail.

Brady Corporation hikes dividend by 2.4%

Brady Corporation (BRC) will raise its quarterly dividend by another 2.4 percent to $0.2175 per share in 2019. This follows a similar dividend hike last year and marks the company's 34th consecutive year of annual dividend increases. The next dividend will be paid on October 31, 2019, to shareholders of record at the close of business on October 10, 2019. A new annualized rate of 87 cents per share yields 1.6% at a stock price of $53.66. Brady Corporation is a manufacturer and supplier of identification solutions and workplace safety products that identify and protect premises, products and people. Its IDS segment includes identification and healthcare products, and the WPS segment includes workplace safety and compliance products. The company's brands include Electromark, Identicard, PromoVision, Scafftag, Seton and Emedco.  Founded in 1914, Brady has a diverse customer base in electronics, telecommunications, manufacturing, electrical, construction, medical, aerospace an...

Ingredion hikes dividend by 0.8%

Ingredion (INGR) will raise its quarterly dividend by 0.8 percent to $0.63 per share in 2019. This marks the 9th consecutive year of annual dividend increases by the ingredient solutions provider. The next dividend is payable on October 25, 2019, to stockholders of record at the close of business on October 1, 2019. A new annualized rate of $2.52 per share yields 3.0% at a stock price of $82.83. Ingredion Incorporated is a global ingredient solutions provider. The company is principally engaged in the production and sale of starches and sweeteners for a wide range of industries. Ingredion turns corn, tapioca, potatoes, grains, fruits, and vegetables into value-added ingredients and biomaterials for the food, beverage, paper and corrugating, brewing and other industries. The company's four reportable business segments are: North America, South America, Asia Pacific and Europe, Middle East, and Africa. Ingredion was incorporated as a Delaware corporation in 1997 and has paid a di...

Microsoft hikes dividend by 10.9%

Microsoft Corporation (MSFT) will raise its quarterly dividend by 10.9 percent to $0.51 per share in 2019. This marks the 17th consecutive year of annual dividend increases. The new dividend is payable Dec. 12, 2019, to shareholders of record on Nov. 21, 2019. The ex-dividend date will be Nov. 20, 2019. A new annualized dividend rate of $2.04 per share yields 1.5% at at stock price of $138.52. Microsoft also approved a new share repurchase program authorizing up to $40 billion in share repurchases. The new share repurchase program, which has no expiration date, may be terminated at any time. Microsoft Corporation is a technology company. The company develops, licenses, and supports software products, services and devices. The company's products include operating systems; cross-device productivity applications; server applications; business solution applications; desktop and server management tools; software development tools; and video games. Microsoft also manufactures devic...

Realty Income hikes dividend by 0.2%

Realty Income (O) will raise its monthly dividend by another 0.2 percent to $0.2270 per share in the third quarter of 2019. Earlier this year the real estate investment trust already raised its monthly dividend three times. Including this latest dividend hike the dividend is up 2.7 percent in 2019. The next dividend is payable on October 15, 2019 to shareholders of record as of October 1, 2019. This is the 103rd dividend increase since Realty Income's listing on the NYSE in 1994. The ex-dividend date for October's dividend is September 30, 2019. The new monthly dividend represents an annualized dividend amount of $2.724 per share as compared to the current annualized dividend amount of $2.718 per share and yields 3.6% at a stock price of $74.86. "We remain committed to our company's mission of paying dependable monthly dividends to our shareholders that increase over time," said Sumit Roy, President and Chief Executive Officer of Realty Income. "Our Boa...

JPMorgan hikes dividend by 12.5%

JPMorgan Chase & Co (JPM) will raise its quarterly dividend by 12.5 percent to $0.90 per share in 2019, marking the 9th consecutive year of dividend increases by the financial company. The next dividend will be paid on October 31, 2019 to shareholders of record on October 4, 2019. Based on the current stock price of $119 the new annual dividend rate of $3.60 per share yields 3.0%. JPMorgan Chase & Co. is engaged in investment banking and financial services. The Company provides services such as treasury and securities services, asset management, private banking, card member services, commercial banking, and home finance.

KLA Corp hikes dividend by 13.3%

KLA Corporation (KLAC), formerly KLA-Tencor, will raise its quarterly dividend by 13.3 percent to $0.85 per share in 2019. This follows last year's dividend hike from 59 cents to 75 cents per share quarterly. A new annualized dividend rate of $3.40 per share yields 2.3% at a stock price of $151. KLA Corp has now increased its dividend for ten consecutive years.  The next dividend is payable on Dec. 3, 2019 to KLA shareholders of record as of the close of business on Nov. 18, 2019. "We are excited to host KLA Corporation's investor day to provide the investment community with a deeper understanding of our company and the opportunities that lie before us as we execute our strategic objectives," said Rick Wallace, president and CEO. "With the recent acquisition of Orbotech, we have have extended our reach in the global electronics value chain, and we continue to execute our profitable growth strategy, with the KLA operating model as the framework to drive perfor...

VICI Properties hikes dividend by 3.5%

VICI Properties (VICI) will raise its quarterly dividend by 3.5 percent of $0.2975 per share in 2019. Last year the specialized real estate investment trust (REIT) initiated a pro-rated quarterly dividend of 16 cents per share and this marks the second dividend hike since. The next dividend will be payable on October 10, 2019 to stockholders of record as of the close of business on September 27, 2019. A new annualized dividend rate of $1.19 yields 5.5% at a stock price of $21.76. David Kieske, EVP, Chief Financial Officer of the Company, commented, “We are pleased to announce our second annual dividend increase since our IPO in 2018, demonstrating our commitment to delivering consistent year-over-year dividend growth. Increasing the dividend is driven by the income earned from the acquisitions we have closed since our last increase and by our continued commitment to a balanced capital allocation approach. The dividend increase is well supported by our strong balance sheet and cash ...