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Showing posts from January, 2020

Dividend Aristocrat ADM raises dividend by 2.9 percent in 2020

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Dividend Aristocrat Archer Daniels Midland (ADM) will raise its quarterly dividend to $0.36 per share in the first quarter of 2020.

Dividend Aristocrat S&P Global increases 2020 dividend by 17.5 pct

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Dividend Aristocrat S&P Global (SPGI) will raise its dividend by 17.5 percent , marking the 47th consecutive year of dividend increases.

Chevron increases dividend by 8.4 percent in 2020

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Dividend Aristocrat Chevron (CVX) will increase its quarterly dividend by 8.4 percent in 2020. This marks the 33rd consecutive year of dividend increases.

Dividend Aristocrat Kimberly-Clark raises dividend 3.9 percent

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Dividend Aristocrat Kimberly-Clark Corporation (KMB) will raise its dividend for the 48th consecutive year in 2020.

Dividend Aristocrat Air Products raises dividend 15.5 percent in 2020

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Air Products and Chemicals, Inc. (APD) will raise its quarterly dividend for the 38th consecutive year. Air Products is the third Aristocrat in 2020 to hike its quarterly dividend.

Independent Bank Corporation hikes dividend by 11.1%

Consolidated Edison raises dividend by 3.4 percent in 2020

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Dividend Aristocrat Consolidated Edison (ED) will raise its quarterly dividend to $0.765 per share in 2020. This marks the utility company's 46th consecutive year of higher dividends.

First Busey hikes dividend by 4.8%

Apogee Enterprises hikes dividend by 7.1%

Apogee Enterprises (APOG) will raise its quarterly dividend by 7.1 percent to $0.1875 per share in the first quarter of 2020. This follows a dividend increase of 11.1 percent by the company last year. The next dividend will be payable on February 18, 2020 to shareholders of record at the close of business on February 3, 2020.  A new annualized dividend rate of 70 cents per share yields 2.2% at a stock price of $33.61. “The increases to our dividend and share-repurchase authorization reflect our confidence in Apogee’s long-term strategy and the Board’s commitment to creating shareholder value,” said Joseph F. Puishys, Apogee’s Chief Executive Officer in today's press release. “Our strong financial position and cash flow provide flexibility to pursue a balanced approach to capital allocation. We will continue to invest in high-return projects to drive growth and productivity gains, while also reducing debt and returning cash to shareholders through dividends and opportunistic sha...

Enterprise Products Partners hikes distribution by 0.6%

Enterprise Products Partners L.P. (EPD) will raise its quarterly distribution by 0.6 percent to $0.445 per unit in the first quarter of 2020.  This distribution is the partnership’s 62nd consecutive quarterly distribution increase. The next quarterly distribution will be paid on February 12, 2020, to unitholders of record as of the close of business on January 31, 2020. A new annual rate of $1.78 yields 6.1% at a stock price of $28.99 for EPD. 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 business th...

Bank OZK hikes dividend by 4%

Bank OZK (OZK) will raise its quarterly dividend by another 4.0 percent to $0.26 per share in the first quarter of 2020. Last year he bank holding company hiked its dividend four times for a total increase of 19.0 percent. The next dividend is payable January 24, 2020 to shareholders of record as of January 17, 2020. A new annualized dividend rate of $1.04 per share yields 3.4% at a stock price of $30.62. 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 as mortgage lending, lock box services and  finan...

Alamo Group hikes dividend by 8.3%

Alamo Group (ALG) will raise its quarterly dividend by 8.3 percent to $0.13 per share in the first quarter of 2020. This is the first dividend hike announced by the company since 2018. The next dividend will be paid on January 29, 2020 to shareholders of record at the close of business on January 16, 2020. A new annual dividend rate of $0.52 per share yields 0.4% at a stock price of $124. Alamo Group is a manufacturer and distributor of equipment for infrastructure maintenance, agriculture and other applications. The company's products include truck and tractor mounted mowing and other vegetation maintenance equipment, street sweepers, snow removal equipment, excavators, vacuum trucks, other industrial equipment, agricultural implements and related after-market parts and services. Alamo operates plants in North America, Europe, Australia and Brazil. The company was founded in 1969. Alamo's corporate offices are located in Seguin, Texas.

Stag Industrial hikes dividend by 0.7%

STAG Industrial (STAG)  will raise its monthly dividend by 0.7 percent to $0.12 per share in the first quarter of 2020. This follows a similar dividend hike by the REIT last year. The first increased dividend of 12 cents will be paid on February 18, 2020 to shareholders of record on January 31. The other payment dates announced for the Q1 dividend are March 16 and April 15. The new annualized dividend rate of $1.44 per share yields 4.5% at  a stock price of $31.72. The company's portfolio consists of 430 properties in 37 states with approximately 86.0 million rentable square feet as of September 30, 2019. STAG Industrial, Inc. is a real estate investment trust. The company is focused on the acquisition, ownership, and operation of single-tenant, industrial properties throughout the United States. The company is structured as an umbrella partnership REIT, also known as an UPREIT, and owns all of its properties and conducts substantially all of its business through an...

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