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Showing posts from February, 2020

New Dividend Aristocrat Albemarle raises dividend for 26th year

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New Aristocrat Albemarle Corporation (NYSE: ALB) will raise its dividend by 4.8 percent in 2020. Earlier this month, Albemarle was named to the S&P 500 Dividend Aristocrats Index for having increased dividends every year for the last 25 consecutive years.

Northrim BanCorp hikes dividend by 3%

Northrim BanCorp (NRIM) will raise its regular quarterly cash dividend to $0.34 per share in 2020. This will mark the 11th consecutive year of dividend increases by the company. The next dividend will be payable on March 20, 2020, to shareholders of record at the close of business on March 12, 2020. At the stock price of $36.75 per share at the close of the market on February 27, 2020, the current dividend equates to a yield of 3.70% on an annualized basis. “We continue to generate profitable operations, which sustains our ability to steadily increase cash dividends for the eleventh consecutive year,” said Joe Schierhorn, President and CEO in the company's press release announcing this dividend hike.  Northrim BanCorp, Inc. is the parent company of Northrim Bank, an Alaska-based community bank with 16 branches in Anchorage, the Matanuska Valley, Juneau, Fairbanks, Ketchikan, Sitka and Soldotna, serving 90% of Alaska’s population; and an asset based lending division in Washing

Capital City Bank Group hikes dividend by 7.7%

United Bancorp hikes dividend by 1.8%

Genuine Parts Company raises dividend for 64th straight year

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Dividend Aristocrat Genuine Parts Company (GPC) will raise its annual dividend to $3.16 per share, marking the 64th consecutive year of dividend increases.

PepsiCo plans 7 percent dividend increase in 2020

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Dividend Aristocrat PepsiCo plans to hike its dividend by 7 percent this year. This marks the 48th consecutive year of dividend increases by the company.

T. Rowe Price Group raises dividend for 34th consecutive year

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Dividend Aristocrat T. Rowe Price Group (TROW) will increase its quarterly dividend by 18.4 percent to 90 cents per share.

Dividend Aristocrat AFLAC raises dividend for 38th consecutive year

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Dividend Aristocrat Aflac (AFL) will raise its dividend by almost 4 percent in 2020. This will mark the insurer's 38th straight year of annual dividend increases.

3M increases dividend for 62nd consecutive year

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Dividend Aristocrat 3M (MMM) will raise its dividend for the 62nd straight year with a relative small increase of 2.1 percent in 2020.

Cincinnati Financial raises dividend for 60th consecutive year

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Dividend Aristocrat Cincinnati Financial Corp (CINF) will raise its dividend for the 60th consecutive year in 2020.