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Showing posts from November, 2019

York Water hikes dividend by 4%

The York Water Company (YORW) will raise its quarterly dividend by another 4.0 percent to $0.1802 per share in the fourth quarter of 2019. This marks the 23rd consecutive year of annual dividend increases by the water utility. The next dividend is payable January 15, 2020 to shareholders as of record date December 31, 2019. A new annual rate of 72.08 cents per share yields 1.6% at a stock price of 44.33. This is the 596th consecutive dividend to be paid by The York Water Company and is the twenty-third consecutive year that the Company has increased its dividend. York Water, which is the oldest publicly traded company in the nation, has never missed a dividend in over 200 years. This is believed to be the longest record of consecutive dividends in America. The York Water Company is an investor-owned water utility, impounding, purifying and distributing water. The company provides its customers within York and Adams Counties (Pennsylvania) with water, wastewater, and related servi...

Northeast Indiana Bancorp pays special dividend

Northeast Indiana Bancorp (NIDB) will pay a special dividend of $0.75 per share in 2019. Last year the company also paid a special dividend of 75 cents and earlier this year the quarterly dividend was hiked by 8.0 percent to $0.27 per share. The special dividend will be paid on December 26, 2019 to shareholders of record on December 12, 2019. The regular quarterly dividend of 27 cents quarterly yields 2.6% annually. Commenting on the announcement, President and CEO Michael S. Zahn stated, "For the 5th year in a row, the Bank's earnings and capital levels have allowed the Board of Directors to issue a special cash dividend.  During that period, over $3.6 million in special dividends have been returned to our shareholders." 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 headquartere...

Fulton Financial pays special dividend

Fulton Financial (FULT) will pay a special dividend of $0.04 per share in 2019. The company pays a regular quarterly dividend of 13 cents per share. Fulton Financial Corporation is the bank holding company of Fulton Bank N.A. The Company's subsidiary bank offers a range of consumer and commercial banking products and services. It also offers investment management, trust, brokerage, insurance and investment advisory services to consumer and commercial banking customers.

Dividend Aristocrat Becton Dickinson raises dividend for 48th year

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BDX is a Dividend Aristocrat © dividendtrackrecords.com Dividend Aristocrat Becton Dickinson (BDX) will raise its 2019 quarterly dividend to $0.79 per share. This marks the 48th consecutive year of dividend increases for the medical technology company.

Stock Yards Bancorp hikes dividend by 3.8%

Stock Yards Bancorp (SYBT) will raise its quarterly dividend by another 3.8 percent to $0.27 per share in 2019. This brings the total dividend increase announced in 2019 to 8.0 percent. The next dividend will be paid on December 31, 2019, to stockholders of record as of December 16, 2019. A new annual rate of $1.08 per share yields 2.7% at a stock price of $40.65. Commenting on the announcement, James A (Ja) Hillebrand, Chairman and Chief Executive Officer, said, “We are pleased to announce another increase in our dividend rate as part of our continued efforts to maximize returns for our investors. The strength of the Company’s financial performance and its solid capital position makes this pattern of dividend growth possible, while we remain well positioned to capitalize on opportunities as they arise. With today’s announcement, Stock Yards Bancorp has now raised its quarterly dividend rate a total of 12 times since 2013, including two increases during 2019 and each of the previou...

United Bancorp hikes dividend by 1.8%

Spire hikes dividend by 5.1%

Spire Inc. (SR) will raise its quarterly dividend by 5.1 percent to 0.6225 per share. The year 2019 will mark the 17th consecutive year that the dividend has increased. Last year the company formerly known as Laclede hiked its dividend by 5.3 percent. The next dividend is payable January 3, 2020, to shareholders of record on December 11, 2019. The new annualized dividend rate of $2.49 per share yields 3.3% at at stock price of $76. Spire Inc., formerly The Laclede Group, operates gas utilities serving Alabama, Mississippi and Missouri. The company’s non-utility operations include Spire Marketing, which provides natural gas marketing and related services. The gas utility segment includes the regulated operations of Laclede Gas Company, Alabama Gas Corporation and EnergySouth, Inc. Laclede Gas is engaged in the purchase, retail distribution and sale of natural gas, serving residential, commercial and industrial customers. The company has continuously paid a cash dividend since 1946.

Dividend Aristocrat Brown-Forman raises dividend for 36th consecutive year

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Jack Daniel's & Coca-Cola © dividendtrackrecords.com Dividend Aristocrat Brown-Forman Corporation (BFB) will raise its quarterly dividend by 5% to a new annual rate of $0.6972 per share. This marks the 36th consecutive year of dividend increases by the Jack Daniel's maker.

Farmers & Merchants Bancorp hikes dividend by 1.4%

Farmers & Merchants Bancorp (FMCB) will raise its semi-annual dividend by another 1.4 percent to $7.15 per share in 2019. Earlier this year the company already hiked its semi-annual dividend by 5 cents to $7.05 per share. The next dividend will be paid on January 2, 2020 to shareholders of record on December 6, 2019. A new annual dividend rate of $14.30 per share yields 2.7% at a stock price of $773.

Four Corners Property Trust hikes dividend by 6.1%

Four Corners Property Trust (FCPT) will raise its quarterly dividend by 6.1 percent to $0.3050 per share in 2020. This follows a 4.5 percent dividend hike announced by the REIT last year. The next dividend is payable on January 15, 2020 to shareholders of record as of January 3, 2020. A new annualized dividend rate of $1.22 per share yields 4.4% at a stock price of $27.80. Four Corners Property Trust, Inc., headquartered in Mill Valley, CA, is a real estate investment trust primarily engaged in the acquisition and leasing of restaurant properties. FCPT will seek to grow its portfolio by acquiring additional real estate to lease, on a net basis, for use in the restaurant and related food services industry.

Investors Title pays special dividend

Investors Title (ITIC) will pay a special dividend of $8.00 per share in 2019. Last year the insurer paid a $10.60 per share special dividend. The regular quarterly dividend is 40 cents per share. The special dividend will be paid December 16, 2019 to shareholders of record on December 2, 2019. The special dividend yields 4.9% at a stock price of $164. “The special dividend is a reflection of the Company’s recent results, strong financial position, and our confidence in the Company’s financial future. Returning capital to shareholders in this manner allows us to maintain our conservative capital structure and preserve the financial flexibility to grow our business, while allowing for ongoing dividend payments and opportunistic share repurchases,” said J. Allen Fine, Chairman of the Board of Investors Title Company. Investors Title Company is engaged in the business of issuing and underwriting title insurance policies. The Company also provides services in connection with tax-...

HP Inc hikes dividend by 10%

HP Inc. (HPQ) will raise its quarterly dividend by 10.0 percent to $0.1762 per share in 2019. This will mark the 9th consecutive year of dividend increases by the computer hardware maker. The next dividend is payable on January 2, 2020, to stockholders of record as of the close of business on December 11, 2019. The new annualized dividend rate of $0.7048 per share yields 3.5% at a stock price of $20.18. HP Inc. is a provider of personal computing and other access devices, imaging and printing products, and related technologies, solutions and services. The company sells to individual consumers, small- and medium-sized businesses (“SMBs”) and large enterprises, including customers in the government, health and education sectors. The original HP was incorporated in 1947 under the laws of the state of California as the successor to a partnership founded in 1939 by William R. Hewlett and David Packard. The company went public on November 6, 1957.

RLI Corp pays special dividend

RLI Corp. (RLI) will pay a $1.00 per share special dividend in the fourth quarter of 2019. This matches last year's $1.00 special dividend. Earlier this year RLI raised its quarterly dividend by 4.5 percent to $0.23 per share. Both dividends, regular and special for a total amount of $1.23 per share, are payable on December 20, 2019, to shareholders of record as of November 29, 2019. The company's regular dividend rate yields 0.9% at a stock price of $97.56. “As a result of our strong underwriting and financial performance in 2019, we are pleased to share the rewards of our success through a special dividend,” said RLI Chairman & CEO Jonathan E. Michael. “Returning excess capital to our shareholders is consistent with our long-term capital management strategy and reflects our commitment to enhancing shareholder value. Including today’s announced dividends, RLI has returned more than $1.2 billion to shareholders over the last ten years.” RLI Corp. is a specialty insure...

Griffon hikes dividend by 3.4%

Griffon Corp (GFF) will raise its quarterly dividend by 3.4 percent to $0.075 per share in the fourth quarter of 2019. Last year the holding company also paid a $1.00 per share special dividend together with a 3.6 percent dividend hike. The next dividend is payable on December 19, 2019 to shareholders of record as of the close of business on November 27, 2019. A new annual rate of 30 cents yields 1.3% at a stock price of $22.45. Griffon Corporation, founded in 1959, is a holding company. Griffon currently conducts its operations through three reportable segments: Consumer and Professional Products (CCP), Home and Building Products (HBP) and Defense Electronics. CPP conducts its operations through AMES, a manufacturer of branded consumer and professional tools and products for home storage and organization, landscaping, and enhancing outdoor lifestyles. CPP's brands include True Temper, AMES, and ClosetMaid. HBP conducts its operations through Clopay, a manufactur...

Nike hikes dividend by 11.4%

NIKE, Inc. (NKE) will raise its quarterly dividend by 11.4 percent to $0.245 per share in 2019. This marks the footwear and apparel company's 18th consecutive year of dividend increases. The next dividend declared today is payable on January 2, 2020 to shareholders of record at the close of business December 2, 2019. A new annual rate of 98 cents per share yields 1.1% at a stock price of $93. “NIKE has consistently delivered strong cash flow and returns for shareholders and today’s announcement marks NIKE’s 18th consecutive year of increasing dividend payouts,” said Mark Parker, Chairman, President and CEO of NIKE, Inc. “This dividend increase, combined with the four-year $15 billion share repurchase program announced in 2018, reflects continued confidence in our strategies to generate long-term, profitable growth as we accelerate execution of our Consumer Direct Offense.” NIKE, Inc. is a designer, marketer and distributor of authentic athletic footwear, apparel, equipment an...

Roper Technologies increases dividend for 27th straight year

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Dividend Aristocrat Roper Technologies (ticker ROP) will increase its quarterly dividend by almost 11 percent to 51.25 cents per share quarterly. This marks the 27th consecutive year of annual dividend increases by the industrial company.

Lancaster Colony raises dividend for 57th consecutive year

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Lancaster Colony Corporation (LANC) will increase its dividend by almost 8 percent this year. The food products maker will raise its quarterly dividend to $0.70 per share, marking 57 years of dividend increases.

ADP raises dividend for 45th consecutive year in 2019

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Dividend Aristocrat Automatic Data Processing, Inc. (ticker ADP) will increase its quarterly dividend by 15 percent, marking the 45th consecutive year of annual dividend increases.

New Jersey Resources hikes dividend by 6.8%

New Jersey Resources Corporation (NJR) will raise its quarterly dividend by 6.8 percent to $0.3125 per share in 2019. This follows a 2 cent dividend hike to 29.25 cents per share quarterly last year. The next dividend will be payable on October 1, 2019 to shareowners of record as of September 20, 2019. A new annual rate of $1.25 per share yields 3.1% at a stock price of $40.70. New Jersey Resources an energy services holding company whose principal business is the distribution of natural gas through a regulated utility, providing other retail and wholesale energy services to customers and investing in clean energy projects and midstream assets. The company's primary subsidiaries are: New Jersey Natural Gas Company, NJR Clean Energy Ventures Corporation and NJR Energy Services Company.

BOK Financial hikes dividend by 2%

BOK Financial (BOKF) will raise its quarterly dividend by 2.0 percent to $0.51 per share in 2019. This marks the 14th consecutive year of dividend increases by the financial services company. The next dividend will be paid on November 27, 2019 to shareholders of record on November 12, 2019. The new annual dividend of $2.04 per share yields 2.5%. BOK Financial Corporation is a regional financial services company based in Tulsa, Oklahoma. Through its subsidiaries, the company provides commercial and consumer banking, investment and trust services, mortgage origination and servicing, and an electronic funds transfer network. BOK offers full service banking in Oklahoma, Texas, New Mexico, Northwest Arkansas, Colorado, Arizona and Kansas/Missouri.

Cogent Communications hikes dividend by 3.2%

Evergy hikes dividend by 6.3%

Evergy Inc (EVRG), formerly Westar Energy (WR), will raise its quarterly dividend by 6.3 percent to $0.505 per share in Q4 of 2019. The utility company has increased its annual dividend for 16 consecutive years. The next dividend is payable on December 20, 2019 to shareholders of record as of November 27, 2019. A new annual rate of $2.02 per share yields 3.2% at a stock price of $63. “Evergy delivered another solid quarter and continues to be on track for the year, despite regulatory headwinds,” said Terry Bassham, Evergy president and chief executive officer. “Additionally, we have increased our dividend by 6.3%, consistent with our long-term dividend growth guidance. We remain focused on executing our operating priorities and realizing the benefits of our merger completed last year, which we are confident will drive sustainable value creation.” Evergy, Inc. is an energy company. The Company provides electric generation, transmission and distribution services to customers in Kan...

Atmos Energy hikes dividend by 9.5%

Atmos Energy Corp (ATO) will raise its quarterly dividend by 9.5 percent to $0.575 per share. This marks the utility company's 32nd consecutive year of annual dividend increases. The next dividend will be paid on December 9, 2019, to shareholders of record on November 25, 2019. The new annual rate of $2.30 per share yields 2.1% at a stock price of $107. Atmos Energy Corporation, headquartered in Dallas, is a natural-gas-only distributor. Atmos Energy serves distribution customers in communities across eight states and manages proprietary pipeline and storage assets, including one of the largest intrastate natural gas pipeline systems in Texas. Atmos Energy’s history dates back to 1906 in the Panhandle of Texas. The company became known as Pioneer Corporation and in 1983, Energas, the natural gas distribution division of Pioneer, was spun off and later renamed to Atmos Energy.

Global Water Resources hikes dividend by 1%

Global Water Resources (GWRS) will raise its monthly dividend by 1.0 percent to $0.0241 per share. This matches last year's dividend hike of exactly 1.0 percent. GWRS will pay three monthly cash dividends of $0.0241 per common share. The first dividend at the new monthly rate will be paid on December 30, 2019 to holders of record on December 16, 2019. A new annual rate of almost 29 cents yields 2.4% at a stock price of $12.30. Global Water Resources is a comprehensive water resource management company based in Phoenix, Arizona. It manages the entire water cycle by owning and operating water, wastewater and recycled water utilities.

Air Lease hikes dividend by 15.4%

Snap-on hikes dividend by 13.7%

Snap-on (SNA) will raise its quarterly dividend by 13.7 percent to $1.08 per share in 2019. This follows a comparable 15.9 percent dividend hike last year by the tools and equipment manufacturer. The next dividend is payable December 10, 2019 to shareholders of record on November 20, 2019. A new annual rate of $4.32 per share yields 2.6% at a stock price of $167. “This tenth consecutive annual dividend increase confirms our ongoing commitment to create long-term value for our shareholders and our firm belief that Snap-on is well-positioned for the future. Our inherent strategic and tactical strength, our solid financial structure, and our cash generation enables us to both return capital to our shareholders and to invest strategically along our defined runways for growth and improvement,” said Nick Pinchuk, Snap-on chairman and chief executive officer. “Snap-on’s dividend is an essential component of our approach to capital allocation, as demonstrated by our payment of consecutive ...

W.R. Berkley pays special dividend

W.R. Berkley (WRB) will pay a special dividend of $0.75 per share. A $0.50 special dividend was also paid this July. Earlier this year the insurance holding company raised its regular dividend for the 18th consecutive year. The special dividend will be paid on December 11, 2019 to stockholders of record at the close of business on November 22, 2019. Together with the 50 cents per share special dividend that was paid on July 2, 2019, this brings special dividends during 2019 to $1.25 per share. A regular quarterly dividend of 44 cents per share yields 0.6% at a stock price of $67.89. W. R. Berkley Corporation is an insurance holding company. The company operates worldwide in two segments of the property casualty insurance business: Insurance and Reinsurance. The insurance business consists of predominantly commercial insurance business, including excess and surplus lines, admitted lines and specialty personal lines throughout the United States, as well as insurance business in the...

FirstEnergy hikes dividend by 2.6%

FirstEnergy Corp (FE) will raise its quarterly dividend by 2.6 percent to $0.39 per share in 2019. Last year the utility company hiked its dividend by 5.6 percent. The next dividend is payable on March 1, 2020, to shareholders of record as of February 7, 2020. The new annual dividend rate of $1.56 per share yields 3.3% at a stock price of $46.59. The dividend increase is consistent with FirstEnergy's policy, adopted last year, to target a payout ratio of 55% to 65% of the company's operating (non-GAAP) earnings, according to the company in today's press release. FirstEnergy Corp. is an electric company, serving customers in Ohio, Pennsylvania, New Jersey, West Virginia, Maryland and New York.  FirstEnergy's electric companies are Ohio Edison, The Illuminating Company, Toledo Edison, Met-Ed, Penelec, Penn Power, West Penn Power, Jersey Central Power & Light, Mon Power and Potomac Edison. The company's transmission subsidiaries operate more than 24,500 miles...

American Financial Group pays special dividend

American Financial Group, Inc. (AFG) will pay a special cash dividend of $1.80 per share in the fourth quarter of 2019. Earlier this year the insurance holding company already paid a $1.50 per share special dividend. The regular dividend was hiked by 12.5 percent to 45 cents per share quarterly in 2019 and currently yields 1.7%. The special dividend is payable on November 25, 2019 to holders of record on November 15, 2019. The aggregate amount of the payment to be made in connection with this special dividend will be approximately $160 million. AFG Co-CEOs Carl H. Lindner III and S. Craig Lindner stated: “Returning excess capital to shareholders in the form of this $1.80 special dividend is an important and effective component of our capital management strategy; it reflects AFG’s strong financial position and our confidence in the Company’s financial future. Following the payment of this special dividend, our excess capital remains at a level which affords us the financial flexibil...

OTC Markets Group pays special dividend

OTC Markets Group (OTC) will pay a special cash dividend of $0.65 per share of Class A common stock together with the quarterly cash dividend of $0.15 per share of Class A common stock.  The special dividend is payable on December 4, 2019 to stockholders of record on November 20, 2019. The ex-dividend date is November 19, 2019. The quarterly cash dividend is payable on December 19, 2019 to stockholders of record on December 5, 2019.  The ex-dividend date is December 4, 2019.

Huntington Ingalls hikes dividend by 19.8%

Huntington Ingalls Industries (HII) will raise its quarterly dividend by 19.8 percent to $1.03 per share. This marks the 7th consecutive year of annual dividend increases by the military shipbuilding company. The next dividend will be payable on December 13, 2019, to shareholders of record as of the close of business on November 29, 2019. The new annual dividend of $4.12 per share yields 1.8% at a stock price of $230 for HII. HII also authorized an increase in the company’s share repurchase program from $2.2 billion to $3.2 billion and extended the term of the program from Oct. 31, 2022, to Oct. 31, 2024. These actions demonstrate continued confidence in HII’s free cash flow generation and support our Path to 2020 commitment to return substantially all of our free cash flow to shareholders,” said Mike Petters, HII’s president and CEO. Huntington Ingalls Industries is America’s largest military shipbuilding company and a provider of professional services to partners in governmen...

Microchip Technology hikes dividend by 0.1%

Microchip Technology (MCHP) will raise its quarterly dividend by another 0.1 percent to $0.3665 per share in the 4th quarter of 2019. This follows similar dividend hikes in each of the last couple of quarters. The next dividend is payable on December 5, 2019 to stockholders of record on November 21, 2019.  The new annual dividend rate of $1.466 per share yields 1.5% at a stock price of $100. “Microchip had reasonably good financial performance in the September 2019 quarter in spite of a difficult economic environment,” said Steve Sanghi, Chief Executive Officer.  “Our Board is pleased to declare an increase in our quarterly dividend to a record 36.65 cents per share, which continues to reflect our ongoing commitment to returning value to our stockholders.” Microchip Technology Incorporated manufactures specialized semiconductor products used for  embedded control applications. Its product portfolio targets the automotive, communications, computing, consumer and indu...

Starbucks hikes dividend by 13.9%

Starbucks (SBUX) will raise its quarterly dividend by 13.9 percent to $0.41 per share in 2019. This will mark the 9th consecutive year of annual dividend increases by the specialty coffee company. The next dividend is payable on November 29, 2019, to shareholders of record as of November 13, 2019. A new annual rate of $1.64 per share yields 2.0% at a stock price of $82.37. Starbucks Corporation (Starbucks) is a roaster, marketer and retailer of specialty coffee. The company purchases and roasts high-quality coffees that are sold, along with handcrafted coffee, tea and other beverages and a variety of high-quality food items through company-operated stores. Starbucks also sells a variety of coffee and tea products and licenses its trademarks through other channels such as licensed stores, grocery and foodservice accounts. In addition to its flagship Starbucks Coffee brand, the company sells goods and services under the following brands: Teavana, Seattle’s Best Coffee, Evolution Fres...

AbbVie raises dividend for 48th consecutive year in 2019

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Dividend Aristocrat AbbVie (ABBV) will raise its quarterly dividend by 10.3% to $1.18 per share. This is the 48th consecutive year of dividend increases by the biopharmaceutical company.

Brixmor Property Group hikes dividend by 1.8%

Brixmor Property Group (BRX) will raise its quarterly dividend by 1.8 percent to $0.285 per share in 2019. This matches last years 1.8 dividend increase and marks the 5th consecutive year of annual dividend increases by the REIT. The next dividend is payable on January 15, 2020 to stockholders of record on January 6, 2020, representing an ex-dividend date of January 3, 2020. A new annual rate of $1.14 per share yields 5.2% at a stock price of $22.05. Brixmor Property Group is a real estate investment trust (REIT) that owns and operates a  national portfolio of open-air shopping centers. The company's portfolio consists predominantly of community and neighborhood shopping centers. Brixmor’s national, regional and local tenants include TJX Companies (TJX), Kroger (KR), Publix Super Markets, Wal-Mart, Ross Stores, Dollar Tree Stores and L.A. Fitness.

Cognex hikes dividend by 10%

Cognex Corp (CGNX) will increase its quarterly dividend by 10.0 percent to $0.055 per share in 2019. This follows last year's 11.1 percent dividend hike to five cents per share quarterly. The next dividend is payable on November 29, 2019 to all shareholders of record at the close of business on November 15, 2019. A new annual rate of 22 cents per share yields 0.4% at a stock price of $53.42. Cognex Corporation designs, develops, manufactures and markets a wide range of image-based products, all of which use artificial intelligence (AI) techniques that give them the human-like ability to make decisions on what they see. Cognex products include barcode readers, machine vision sensors and machine vision systems that are used in factories, warehouses and distribution centers around the world to guide, gauge, inspect, identify and assure the quality of items during the manufacturing and distribution process. The company was founded in 1981 and is headquartered in Natick, Massachuset...

AbbVie hikes dividend by 10.3%

Dividend Aristocrat AbbVie (ABBV) will raise its quarterly dividend by 10.3 percent to $1.18 per share in Q1 of 2020. Last year Abbvie announced two dividend hikes for a total of 50.7 percent. The increased dividend is payable on February 14, 2020 to shareholders of record as of January 15, 2020. A new annual dividend rate of $4.72 per share yields 5.8% at a stock price of $81.75. "Strong performance from our Immunology and Hematologic Oncology portfolios led our growth this quarter. We are also making excellent progress with several key strategic priorities, including the recent launch of our two new immunology therapies - Rinvoq and Skyrizi - both of which are off to an impressive start, as well as continued progress toward the completion of our planned acquisition of Allergan," said Richard A. Gonzalez, chairman and chief executive officer, AbbVie. "Based on the continued momentum of our portfolio, we are once again raising our full year 2019 EPS guidance range an...

Chesapeake Financial Shares cuts dividend by 13.8%

Chesapeake Financial Shares (CPKF) will pay a quarterly dividend of $12.5 cents per share, compared to 14.5 cents in the previous quarter. The lower dividend is the result of a stock dividend paid last month.

John B Sanfilippo pays special dividend

John B Sanfilippo & Son (JBSS) will pay another special dividend of $2.00 per share. Earlier this year a $2.40 special dividend was paid. The company also hiked its annual dividend by 9.1 percent in 2019. The special dividend will be paid on December 10, 2019 to stockholders of record as of the close of business on November 26, 2019. “We are pleased to announce a Special Dividend of $2.00 per share,” stated Jeffrey T. Sanfilippo, Chairman and Chief Executive Officer. “Our financial performance in fiscal 2019 and the first quarter of fiscal 2020 has provided us the opportunity to declare a second Special Dividend to be paid in fiscal 2020. These dividends, like our previous dividends, further reinforce our goal of creating long-term stockholder value through the responsible use of cash. Furthermore, these dividends would not be possible without the hard work and dedication of all our employees,” Mr. Sanfilippo concluded. John B. Sanfilippo & Son, Inc. is a processor, packa...

CRA International hikes dividend by 15%

CRA International (CRAI) will raise its quarterly dividend by 15.0 percent to $0.23 per share in 2019. This marks the 3rd consecutive year of dividend increases by the consulting firm. The next dividend will be paid on December 13, 2019 to shareholders of record of CRA’s common stock as of the close of business on November 26, 2019. A new annual rate of 92 cents per share yields 1.8% at a stock price of $51.60. CRA International, Inc. is a global consulting firm. Charles River Associates provides economic, financial, and management consulting services worldwide. CRA advises clients on economic and financial matters pertaining to litigation and regulatory proceedings, and guides corporations through critical business strategy and performance-related issues.

Churchill Downs hikes dividend by 6.9%

Churchill Downs (CHDN) will raise its annual dividend by 6.9 percent to a split adjusted 58.1 cents per share. This marks the 9th consecutive year that CHDN has increased its annual dividend. The dividend is payable on January 3, 2020, to shareholders of record as of the close of business on December 6, 2019, with the aggregate cash dividend paid to each stockholder rounded to the nearest whole cent. The new dividend yields 0.4% at a stock price of $129. Churchill Downs Incorporated is a racing, gaming and online entertainment company anchored by its iconic flagship event - The Kentucky Derby.  The company’s racing segment includes four racetracks: Churchill Downs Racetrack, Arlington International Race Course, Fair Grounds Race Course and Calder Race Course. The company is engaged in brick-and-mortar casino gaming and owns TwinSpires.com which is a platform for betting on horseracing. The company is also a producer and distributor of mobile games through Big Fish Games, Inc. ...

Community Healthcare Trust hikes dividend by 0.6%

This dividend, in the amount of $0.4150 per share, is payable on November 29, 2019 to shareholders of record on November 15, 2019. This dividend rate equates to an annualized dividend of $1.66 per share.  Community Healthcare Trust Incorporated  is a real estate investment trust that focuses on owning income-producing real estate properties associated primarily with the delivery of outpatient healthcare services in our target sub-markets throughout the United States. Community Healthcare Trust Incorporated has increased its dividend every quarter since its Initial Public Offering.

Timberland Bancorp pays special dividend

Selective Insurance Group hikes dividend by 15%

Selective Insurance Group, Inc. (SIGI) will raise its quarterly dividend by 15.0 percent to $0.23 per share. This will mark the 6th consecutive year of annual dividend increases by the holding company. The next dividend is payable December 2, 2019, to stockholders of record as of November 15, 2019. A new annual rate of 92 cents per share yields 1.3% at a stock price of $69. Selective Insurance Group, Inc. is a holding company for several property and casualty insurance companies. Through independent agents, the insurance companies offer standard and specialty insurance for commercial and personal risks, and flood insurance underwritten by the National Flood Insurance Program.  The company was incorporated in 1977 and its main office is located in Branchville, New Jersey.

Rockwell Automation hikes dividend by 5.2%

Rockwell Automation, Inc. (ROK) will raise its quarterly dividend by 5.2 percent to $1.02 per share in 2019. This follows last year’s five cent per share dividend hike from 92 cents to 97 cents per share quarterly. The next quarterly dividend is payable December 10, 2019 to shareowners of record at the close of business on November 12, 2019. A new annualized rate of $4.08 per share yields 2.3% at a stock price of $175. “Our Connected Enterprise strategy generates strong, sustainable cash flow,” said Blake Moret, Rockwell Automation chairman and CEO. “Over the last five fiscal years, we have returned $6 billion of cash to shareowners through dividends and share repurchases.” “The 5 percent increase reflects our confidence in Rockwell Automation’s ability to generate cash throughout the cycle and our commitment to returning cash to shareowners while investing in our business,” said Moret. Rockwell Automation, Inc. is a provider of industrial automation power, control and information s...

UMB Financial hikes dividend by 3.3%

UMB Financial Corporation (UMBF) will raise its quarterly dividend by 3.3 percent to 31 cents per share. This follows a 9.1 percent dividend increase by the financial holding company last year. The next dividend is payable on January 2, 2020, to shareholders of record at the close of business on December 10, 2019. A new annual rate of $1.24 per share yields 1.8% at a stock price of $67.48. UMB Financial Corporation is a financial holding company headquartered in Kansas City, Mo., offering banking services, payment solutions, asset servicing, and institutional investment management to its customers. UMB operates banking and wealth management centers throughout Missouri, Illinois, Colorado, Kansas, Oklahoma, Nebraska, Arizona and Texas.

Fidelity National Financial hikes dividend by 6.5%

Fidelity National Financial, Inc. (FNF) will raise its quarterly dividend by another 6.5 percent to $0.33 per share in 2019. This is the second dividend hike announced this year by the insurance company. The next dividend will be payable December 31, 2019, to stockholders of record as of December 17, 2019. A new annual rate of $1.32 per share yields 2.9% at a stock price of $46. Fidelity National Financial, Inc.  is a provider of title insurance and transaction services to the real estate and mortgage industries. FNF is the nation's largest title insurance company through its title insurance underwriters Fidelity National Title, Chicago Title, Commonwealth Land Title, Alamo Title and National Title of New York. The company went public in 1987 and has paid a dividend every year since 2006.