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Showing posts from October, 2019

Cintas increases dividend for 36th consecutive year

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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.

Visa hikes dividend by 20%

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...

Power Integrations hikes dividend by 11.8%

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.

Middlesex Water Company increases dividend for 47th consecutive year

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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%.

VF Corporation raises dividend by 12% in 2019

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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.

Stepan increases dividend for 52nd year

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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.

Enterprise Products Partners hikes distribution by 0.6%

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...

American Financial Group hikes dividend by 12.5%

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.

Bank OZK hikes dividend by 4.2%

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 ...

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