Dividend Track Records

Dividend Aristocrat Cintas Corporation (CTAS) will raise its annual dividend by 24.4 percent to $3.55 per share in 2019. This marks the company's 36th consecutive year of dividend increases.

Lincoln Electric Holdings, Inc. (LECO) will raise its quarterly dividend by 4.3 percent to $0.49 per share in 2019. This will mark the 24th consecutive year of annual dividend increases by the welding products maker. The next dividend is payable January 15, 2020 to shareholders of record at the close of business on December 31, 2019. A new annual rate of $1.96 per share yields 2.1% at a stock price of $91.89. “The dividend increase reflects the strength of our balance sheet and strong cash generation through an economic cycle,” stated Christopher L. Mapes, Chairman, President and Chief Executive Officer. “We believe our balanced approach of investing in long-term growth while returning cash to shareholders generates superior value.” Lincoln Electric Holdings, Inc. is a manufacturer of arc welding products, robotic arc welding systems, plasma and oxy-fuel cutting equipment and has a leading global position in the brazing and soldering alloys market. The three operating segments co...

Armstrong World Industries, Inc. (AWI) will increase its quarterly dividend by 14.3 percent to 20 cents per share. Last year the ceiling solutions company started paying a quarterly dividend of $0.175 per share. The increased dividend is payable on November 21, 2019, to shareholders of record as of the close of business on November 7, 2019. A new annual rate of 80 cents per share yields 0.8% at a stock price of $102.48. "The decision to increase our regular quarterly dividend reflects continued confidence in our operating performance, free cash flow generation and long-term financial outlook," said Vic Grizzle, President and CEO of Armstrong. "With our strong balance sheet and cash flow performance, we remain committed to a balanced capital allocation strategy to invest for growth and return cash to shareholders." Armstrong World Industries, Inc. (AWI) is a global leader in the design, innovation and manufacture of commercial and residential ceiling, wall and ...

Payments technology company Visa Inc. (V) will raise its quarterly dividend by 20.0 percent to $0.30 per share in 2019. This marks the 11th consecutive year of double digit dividend increases by the payments technology company. The next dividend is payable on December 3, 2019, to all holders of record as of November 15, 2019. The new annual dividend of $1.00 per share yields 0.7% at a stock price of $142.45. Visa Inc., is a payments technology company enabling electronic payments for consumers, businesses, banks and governments worldwide. The company's transaction processing network, VisaNet, enables authorization, clearing, and settlement of payment transactions and provides financial institution and merchant clients with a range of products, platforms, and value-added services. Visa is not a bank and does not issue cards, extend credit, or set rates and fees for account holders on Visa products. Its financial institution clients are responsible for managing account holder and...

Cass Information Systems (CASS) will raise its quarterly dividend by 3.8 percent to $0.27 per share in 2019. Last year the dividend was hiked by 8.3 percent by CASS. The next dividend is payable December 13, 2019 to shareholders of record December 3, 2019. A new annual rate of $1.08 per share yields 2.0% at a stock price of $53.41. “Our history of dividend payments combined with the return of nearly $16 million to shareholders through share repurchase activity over the past 12 months reflects our solid operating performance, strong capital base and the board’s continued optimism about the company’s long-term prospects,” said Eric H. Brunngraber, Cass chairman and chief executive officer. Cass Information Systems, Inc. (Cass) is a provider of payment and information processing services to manufacturing, distribution and retail enterprises across the United States with operating locations in Missouri, Ohio, Massachusetts, South Carolina and Florida. Cass enables enterprises to ...

Northeast Indiana Bancorp (NIDB) will raise its quarterly dividend by 8.0 percent to $0.27 per share in 2019. This will mark the 25th consecutive year of annual dividend increases by NIDB. The next dividend will be payable on November 21, 2019 to shareholders of record on November 7, 2019. This makes an annualized dividend yield of 2.6% based on a stock price of $41.50. President and CEO Michael S. Zahn stated, "We are pleased to reward our shareholders with our 25th consecutive year of increasing our cash dividend.  Due to our continued strong financial performance and capital levels, the Board of Directors feels the dividend increase is warranted."  Northeast Indiana Bancorp, Inc.offers a full array of banking and financial brokerage services to its customers through its main office in Huntington and full-service Indiana offices in Huntington, Warsaw and Fort Wayne. The company is headquartered at 648 N. Jefferson Street, Huntington, Indiana.

Power Integrations (POWI) will raise its quarterly dividend by another 11.8 percent to $0.19 per share in 2019. This brings the total dividend increase to 3 cents (18.8 percent) this year. The next dividend will be paid on December 31, 2019 to stockholders of record as of November 29, 2019. A new annual rate of 76 cents yields 0.8% at a stock price of $93. Power Integrations, Inc. provides semiconductor technologies for high-voltage power conversion. The company’s products are key building blocks in the clean-power ecosystem, enabling the generation of renewable energy as well as the efficient transmission and consumption of power in applications ranging from milliwatts to megawatts.

Gorman-Rupp (GRC) will raise its quarterly dividend by 7.4 percent to $0.145 per share in 2019. This comes after an 8.0 percent dividend hike and a $2.00 per share special cash dividend payment last year. The next dividend is payable December 10, 2019, to shareholders of record November 15, 2019. A new annual rate of 58 cents per share yields 1.6% at a stock price of $36.18. Jeffrey S. Gorman, Chairman, President and CEO commented, “Gorman-Rupp is extremely proud to continue its long history of dividend payments and increased annual dividends. This current dividend increase reflects our ongoing commitment to creating value for our shareholders, as well as our confidence in the financial strength and long-term prospects for our Company.” The Gorman-Rupp Company designs, manufactures and sells pumps and related equipment (pump and motor controls) for use in water, wastewater, construction, industrial, petroleum, original equipment, agriculture, fire protection, heating, ventilation...

Hubbell Incorporated (HUBB) will raise its quarterly dividend by 8.3 percent to $0.91 per share in 2019. This will mark the 12th consecutive year of annual dividend increases by the company.  The next dividend will be paid on December 16, 2019 to shareholders of record on November 29, 2019. A new annual rate of $3.64 per share yields 2.6% at a stock price of $139. Hubbell Incorporated is engaged in the design, manufacture and sale of electrical and electronic products for a range of non-residential and residential construction, industrial and utility applications.Hubbell Incorporated operates manufacturing facilities in the United States and around the world. The corporate headquarters is located in Shelton, CT.

MPLX LP (MPLX) will raise its quarterly distribution by another 1.5 percent to $0.6775 per unit in 2019. Last year MPLX hiked its distribution by a total of 8.1 percent. This is the 27th consecutive quarterly distribution increase by the MLP. The next dividend will be paid on November 14, 2019, to common unitholders of record as of November 4, 2019.. The new distribution of $2.71 on an annualized basis yields 10,1% at a stock price of $26,76. 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 fractionati...

Entergy Corporation (ETR) will raise its quarterly dividend by 2.2 percent to $0.93 per share in 2019. This marks the 5th consecutive year of annual dividend increases by the integrated energy company. The next dividend is payable December 2, 2019, to shareholders of record as of November 7, 2019. A new annual dividend of $3.72 per share yields 3.1% at a stock price of $120.27 for Entergy. The average annual dividend growth over the last five years now is 2.3 percent. Entergy Corporation is an integrated energy company engaged primarily in electric power production and retail distribution operations. Entergy owns and operates power plants including nuclear power plants. The company delivers electricity to utility customers in Arkansas, Louisiana, Mississippi and Texas.

Insurance broker Brown & Brown, Inc. (BRO) will raise its quarterly dividend by 6.3 percent to $0.085 per share in 2019. This follows a 6.7 percent dividend hike by the insurer last year. The dividend is payable on November 20, 2019 to shareholders of record on November 8, 2019. The new annual dividend rate of 34 cents per share yields 0.9% at a stock price of $36. Brown & Brown, Inc. is an insurance brokerage firm, providing risk management solutions to individuals and businesses. The company markets and sells insurance products and services, in the property, casualty and employee benefits areas. BRO operates through four segments: Retail, National Programs, Wholesale Brokerage and Services.

Middlesex Water Company (MSEX) will raise its dividend for the 47th consecutive year in 2019. The water utility company will increase its quarterly dividend by 6.8%. The stock currently yields 1.6%.

Dividend Aristocrat VF Corporation (VFC) will raise its dividend by 12 percent this year. If adjusted for the Kontoor Brands spinoff earlier this year this marks the company's 47th consecutive year of annual dividend increases.

Getty Realty Corporation (GTY) will raise its quarterly dividend by 5.7 percent to $0.37 per share in 2019. The convenience store and gasoline station properties REIT has now hiked its dividend 7 consecutive years. The next dividend is payable on January 9, 2020, to holders of record on December 26, 2019. A new annual rate of $1.48 per share yields 4.5% at a stock price of $32.64. Getty Realty Corp. is real estate investment trust in the United States specializing in the ownership, leasing and financing of convenience store and gasoline station properties. The Company owns the Getty name in connection with its real estate and the petroleum marketing business in the United States. The company's properties are concentrated in the Northeast and Mid-Atlantic regions.

Standex International (SXI) will raise its quarterly dividend by 10.0 percent to $0.22 per share in 2019. This marks the 10th consecutive year of annual dividend increases by the industrial company. The next dividend is payable November 26, 2019 to shareholders of record on November 12, 2019. A new annual rate of 88 cents per share yields 1.2% at a stock price of $72.38. The dividend is the company's 221st consecutive quarterly cash dividend. Standex International Corporation is a multi-industry manufacturer in five broad business segments: Food Service Equipment, Engineering Technologies, Engraving, Electronics, and Hydraulics with operations in the United States, Europe, Canada, Australia, Singapore, Mexico, Brazil, Argentina, Turkey, South Africa, India, China and Japan. Standex has paid dividends each quarter since it became a public corporation in November 1964.

Stepan Co (SCL) will raise its dividend by exactly ten percent to 27.5 cents per share in 2019, marking the 52nd consecutive year of dividend increases.

Stepan Company (SCL) will raise its quarterly dividend by 10.0 percent to $0.275 per share in 2019. This marks the 52nd consecutive year of dividend increases by the specialty chemicals company. The first dividend of $0.275 per share is payable on December 13, 2019, to common stockholders of record on November 29, 2019. A new annual rate of $1.10 per share yields 1.1% at a stock price of $95.68. Stepan Company and its subsidiaries produce specialty and intermediate chemicals, which are sold to other manufacturers and used in a variety of end products. The company has three reportable segments: Surfactants, Polymers and Specialty Products. Surfactants are the basic cleaning agent in detergents for washing clothes, dishes, carpets, fine fabrics, floors and walls and are also used in personal care products and commercial and industrial applications. Polymers are used in the manufacture of construction materials, coatings, adhesives, sealants and elastomers (CASE) applications. Special...

Tompkins Financial (TMP) will raise its quarterly dividend by 4.0 percent to $0.52 per share in 2019. This marks the 33rd consecutive year of dividend increases by the financial services company. The next dividend is payable on November 15, 2019, to common shareholders of record on October 29, 2019. A new annual rate of $2.08 per share yields 2.5% at a stock price of $82.48. Tompkins Financial Corporation is a financial services company serving the Central, Western, and Hudson Valley regions of New York and the Southeastern region of Pennsylvania. Headquartered in Ithaca, NY, Tompkins Financial is parent to Tompkins Trust Company, Tompkins Bank of Castile, Tompkins Mahopac Bank, Tompkins VIST Bank, Tompkins Insurance Agencies, Inc., and offers wealth management services through Tompkins Financial Advisors.

1st Source (SRCE) will raise its quarterly dividend by another 7.4 percent to $0.29 per share in Q4 of 2019. This is the second dividend hike this year by SRCE. The cash dividend is payable to shareholders of record on November 5, 2019 and will be paid on November 15, 2019. A new annual rate of $1.16 per share yields 2.5% at a stock price of $46.41. 1st Source Corporation is a bank holding company. The company, through its subsidiaries, provides a range of financial products and services. 1st Source Bank also competes for business nationally by offering specialized financing services for new and used private and cargo aircraft, automobiles for leasing and rental agencies, medium and heavy duty trucks, and construction equipment.

Penske Automotive (PAG) will raise its quarterly dividend by another 2.6 percent to $0.41 per share in the fourth quarter of 2019. This brings the total dividend increase this year to 10.8 percent. The next dividend is payable on December 3, 2019, to shareholders of record on November 8, 2019. A new annual rate of $1.64 per share yields 3.5% at a stock price of $47. Penske Automotive Group President Robert H. Kurnick, Jr., said, "We are pleased to offer our shareholders an increase in the quarterly dividend for the 34th consecutive quarter, reinforcing the confidence we have in our business and our commitment to PAG shareholders." Penske Automotive Group, Inc., headquartered in Bloomfield Hills, Michigan, 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...

Enterprise Products Partners L.P. (EPD) will raise its quarterly distribution by another 0.6 percent to $0.4425 per unit in the fourth quarter of 2019.  This distribution is the partnership’s 61st consecutive quarterly distribution increase. The quarterly distribution will be paid Tuesday, November 12, 2019, to unitholders of record as of the close of business Thursday, October 31, 2019. A new annual rate of $1.77 yields 6.4% at a stock price of $27.67. 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 transportat...

Thor Industries, Inc. (THO) will raise its quarterly dividend by 2.6 percent to $0.40 per share in 2019. The recreational vehicle maker has raised its dividend every year since 2010. The next dividend is payable on November 8, 2019, to shareholders of record at the close of business on October 25, 2019. A new annual rate of $1.60 per share yields 3.0% at a stock price of $53.79. Thor Industries, Inc. is a manufacturer of recreational vehicles. The Company offers motorhomes, camping, fifth-wheel, and travel trailers. Its brands include Airstream, Bison Coach, Jayco, Keystone and Thor Motor Coach. The company’s vehicles are sold primarily throughout the United States and Canada.

Dividend Aristocrat A.O. Smith Corporation (AOS) will raise its quarterly dividend by 9.1 percent to $0.24 per share in 2019. Last year AOS hiked its dividend twice for a total increase of 57.1 percent. The next dividend is payable on November 15, 2019 to shareholders of record October 31, 2019. A new annual rate of of 96 cents per share yields 2.0% at a stock price of $47.99. "A. O. Smith values its shareholders and works hard to ensure they are rewarded for investing in our company," said Kevin Wheeler, president and chief executive officer. "We are proud to say the five-year compound annual growth rate of our dividend is more than 24 percent." A. O. Smith Corporation is manufacturer of residential and commercial water heating equipment and boilers, as well as a manufacturer of water treatment products for residential and light commercial applications. In North America, A.O. Smith also manufactures expansion tanks, commercial solar water heating systems, swi...

ConocoPhillips (COP) will raise its quarterly dividend by another 37.7 percent to $0.42 per share in 2019. Last year the oil company hiked its dividend twice, marking the second year of higher dividend payments. The next dividend is payable December 2, 2019, to stockholders of record at the close of business on October 17, 2019. A new annual dividend rate of $1.68 per share yields 3.1% at a stock price of $54.86. “This increase in our ordinary dividend reflects the significant transformation our company has undergone over the past few years,” said Ryan Lance, chairman and chief executive officer. “Since announcing our returns-focused value proposition in 2016, we have improved our underlying performance drivers and lowered our sustaining price for the business. Given these enhancements, we are confident we can fund a higher, growing cash dividend, while maintaining a substantial, consistent buyback program. Since 2016 we have returned about 45 percent of cash from operations to sha...

RPM International (RPM) will raise its quarterly dividend by 2.9 percent to $0.36 per share in 2019, marking the 46th consecutive year of annual dividend increases. The next dividend is payable on October 31, 2019, to stockholders of record as of October 15, 2019. A new annual rate of $1.44 per share yields 2.1% at a stock price of $68.51. “Increasing our cash dividend on an annual basis is one of the principal ways we reward our shareholders,” stated Frank C. Sullivan, RPM chairman and chief executive officer. “Combined with an appreciating stock price, increasing the dividend enables us to consistently deliver long-term growth and outperform the cumulative total return of the broader market.” RPM International Inc. is a manufacturer of specialty coatings, sealants, building materials and related services. The company's four reportable segments are Construction Products, Performance Coatings, Consumer and Specialty Products. RPM's brands include API, Carboline, CAVE, DAP...

Northwest Natural Holding, formerly Northwest Natural Gas Company (NWN) will raise its quarterly dividend by another 0.5 percent to $0.4775 per share in 2019. The company has increased its dividend for 64 consecutive years now. The next dividend will be paid November 15, 2019 to shareholders of record on October 31, 2019. The company's indicated annual dividend rate is $1.91 per share and yields 2.7% at a stock price of $70. Northwest Natural Holding Company provides natural gas service to residential, commercial, and industrial in western Oregon and southwestern Washington.  It owns NW Natural Gas Company (NW Natural), NW Natural Water Company, LLC (NW Natural Water), and other business interests and activities. NW Natural and its subsidiaries provide natural gas service to communities in Oregon and Southwest Washington. NW Natural Holdings’ subsidiaries own and operate underground gas storage capacity and NW Natural Water provides water distribution service.

OGE Energy Corp. (OGE) will raise its quarterly dividend by 6.2 percent to $0.3875 per share in 2019. This marks the 13th consecutive annual dividend increase by the utility company. The next dividend will be paid October 30, 2019, to shareholders of record October 10, 2019. The new annual rate of $1.55 per share yields 3.5% at a stock price of $44.66. "With this increase, we continue to honor our commitment to our shareholders to grow our dividend in both a meaningful and sustainable way," said Sean Trauschke, Chairman, President and CEO of OGE Energy. "This sustained dividend growth is due, in large part, to the continued growth in our Enable Midstream investment and comes on the heels of billions of dollars in capital investments at OG&E that were completed while holding customer rates essentially flat. It's a testament to the hard work and dedication of our great people." OGE Energy is the parent company of OG&E, a regulated electric utility cu...

American Financial Group, Inc. (AFG) will raise its regular quarterly dividend by 12.5 percent to $0.45 per share in 2019. The insurance holding company already paid a special cash dividend of $1.50 per share in the second quarter of 2019. The next dividend is payable on October 25, 2019 to holders of record on October 15, 2019. The new annual dividend of $1.80 per share yields 1.7% at a stock price of $103. American Financial Group is an insurance holding company, based in Cincinnati, Ohio. Through the operations of Great American Insurance Group, AFG is engaged primarily in property and casualty insurance, focusing on specialized commercial products for businesses, and in the sale of fixed and fixed-indexed annuities in the retail, financial institutions and education markets. Great American Insurance Group’s roots go back to 1872 with the founding of its flagship company, Great American Insurance Company.

Accenture plc (ACN) will raise its dividend by 9.6 percent to 80 cents per share quarterly. As previously disclosed, the company is moving from a semi-annual to a quarterly schedule for dividend payments in fiscal 2020. It's the first quarterly dividend declared by Accenture. This May a $1.46 per share semi-annual dividend was paid. The next dividend will be paid on November 15, 2019 to shareholders of record on October 17, 2019. The new annual rate of $3.20 per share yields 1.7% at a stock price of $188. Accenture plc provides management and technology consulting services. The company serves clients in a broad range of industries and in three geographic regions: North America, Europe and Growth Markets (Asia Pacific, Latin America, Africa and the Middle East). Accenture's five operating groups are organized by industry: Communications, Media & Technology, Financial Services, Health & Public Service, Products and Resources. Accenture's Products operating grou...

Bank OZK (OZK) will raise its quarterly dividend by another 4.2 percent to $0.25 per share 2019. This is the third dividend hike announced by the bank holding company this year. Bank OZK has increased its quarterly cash dividend in each of the last thirty-seven quarters. The next dividend is payable October 18, 2019 to shareholders of record as of October 11, 2019. A new annualized dividend rate of $1.00 per share yields 3.8% at a stock price of $26.53. Bank OZK, formerly Bank of the Ozarks, Inc. is a bank holding company. The Company owns a state-chartered subsidiary bank that conducts banking operations in Arkansas, Georgia, North Carolina, Texas, Florida, Alabama, South Carolina, New York and California. The company's deposit services, including checking, savings, money market, time deposit and individual retirement accounts and loan services, including real estate, consumer, commercial, industrial and agricultural loans and leasing services. OZK also provides services such ...