Dividend Track Records

Independent Bank Corp (INDB) will raise its quarterly dividend by 4.5 percent to $0.46 per share in 2020. This marks the 10th consecutive year of dividend increases by the bank holding company and follows last year's 15.8 percent dividend increase. The next dividend is payable on April 9, 2020, to stockholders of record as of the close of business on March 30, 2020. A new annual rate of $1.84 per share yields 2.9% at a stock price of $64. “The current environment is unprecedented," stated Chris Oddleifson, Chief Executive Officer of Independent Bank Corp in the company's press release announcing this dividend hike. "While current uncertainties pose formidable challenges, we remain confident in the underlying strength of our franchise and are pleased to reward our loyal shareholders with a dividend increase." Independent Bank Corp. is a bank holding company. INDB is the sole stockholder of Rockland Trust Company, a community-oriented commercial bank. The Com...

Equity Residential (EQR) will raise its quarterly dividend by 6.2 percent to $0.6025 per share in 2020. This is the 3rd consecutive year of dividend increases by the REIT. The next dividend will be paid on April 13, 2020 to shareholders of record on March 23, 2020. A new annual rate of $2.41 per share yields 3.3% at a stock price of $73.61. Equity Residential is a real estate company focused on the acquisition, development and management of rental apartment properties located in urban and high-density suburban markets in U.S. cities. Equity Residential owns or has investments in properties consisting of apartment units, primarily located in Boston, New York, Washington, D.C., Seattle, San Francisco, Southern California and Denver. The company’s corporate headquarters is located in Chicago, Illinois and the company also operates regional property management offices in each of its markets. A dividend has been paid every year since 2003 by the real estate investment trust.

Dividend Aristocrat Colgate-Palmolive (CL) will raise its quarterly dividend by 2.3 percent to $0.44 per share in 2020. Last year the consumer products company hiked its dividend by 2.4 percent, marking the 56th consecutive year of dividend increases. The increased dividend be paid on May 15, 2020 to shareholders of record as of April 20, 2020. On an annualized basis, the new dividend rate is $1.76 versus $1.72 per share previously. This translates into an estimated yield of 2.5% at a stock price of $69.10 for Colgate. Colgate-Palmolive Company (Colgate) is a global consumer products company. Colgate operates in two product segments: Oral, Personal and Home Care; and Pet Nutrition. The company's products include toothpaste, toothbrushes, mouthwashes, soap, shower gels, deodorants, dishwashing liquids and pharmaceutical products for dentists and other oral health professionals. The Pet Nutrition segment markets specialty pet nutrition products for dogs and cats. The company’s br...

Dividend Aristocrat Colgate-Palmolive (CL) will raise its quarterly dividend by 2.3 percent this year, marking 57 consecutive years of increased annual dividend payments.

Qualcomm (QCOM) will raise its quarterly dividend by 4.8 percent to $0.65 per share in 2020. This marks the 17th consecutive year of dividend increases by the technology company. The next dividend is payable on March 26, 2020, to stockholders of record at the close of business on March 5, 2020. A new annual dividend rate of $2.60 per share yields 3.5% at a stock price of $74.62. In the company's press release announcing this increase Steve Mollenkopf, CEO of Qualcomm Incorporated, said, "We are pleased to announce an increase in our quarterly dividend, reflecting our continued commitment to returning capital to stockholders." Qualcomm Incorporated manufactures digital wireless communications equipment. Qualcomm’s products principally consist of integrated circuits (chips/chipsets) and system software used in mobile devices and in wireless networks. Qualcomm's technologies and products are used in mobile devices and other wireless products, including network equi...

Investors Title Co (ITIC) will raise its quarterly dividend by 10.0 percent to 44 cents per share in 2020. This is the first dividend hike by the insurer since 2017. The company did pay significant special dividends the last couple of years with a special dividend of $8.00 per share paid in 2019. The next dividend will be paid March 30, 2020 to shareholders of record on March 23, 2020. The regular annual dividend of $1.76 per share yields 1.2% at a stock price of $143. Investors Title Company is engaged in the business of issuing and underwriting title insurance policies. The company also provides services in connection with tax-deferred exchanges of like-kind property as well as investment management services to individuals, companies, banks and trusts.

Armanino Foods of Distinction Inc. (AMNF) will raise its quarterly dividend by 10.0 percent $0.0275 per share in 2020. This marks the 15th consecutive year of dividend increases by AMNF. The next dividend will be paid on April 24, 2020 to shareholders of record on April 1, 2020. A new annualized dividend rate of 11 cents per share yields 3.4% at a stock price of $3.22. Last year AMNF hiked its dividend by 11.1 percent. Armanino Foods of Distinction, Inc. is an international food company that manufactures and markets frozen Italian specialty food items such as pestos, sauces and filled pastas to the foodservice, retail, and industrial markets. In addition to a classic Basil Pesto Armanino offers other flavors such as Cilantro, Dried Tomato & Garlic, Roasted Red Bell Pepper, Southwest Chipotle, Artichoke, Roasted Garlic, Light Basil Pesto, Chimichurri, Bolognese and Alfredo sauce. Armanino’s organic line includes classic Basil Pesto. Armanino Foods also offers cheese shakers, fro...

Lamar Advertising (LAMR) will raise its quarterly dividend by 4.2 percent to $1.00 per share in the first quarter of 2020. This follows a 4.3 percent dividend hike by the outdoor advertising company last year. The next dividend is payable on March 31, 2020 to stockholders of record on March 16, 2020. A new $4.00 per share annual dividend rate yields 4.8% at a stock price of $83.74. Lamar Advertising has now hiked its dividend 5 consecutive years. Founded in 1902, Lamar Advertising is one of the largest outdoor advertising companies in North America, with approximately 360,000 displays across the United States and Canada. Lamar offers advertisers a variety of billboard, interstate logo, transit and airport advertising formats, helping both local businesses and national brands reach broad audiences every day. In addition to its more traditional out-of-home inventory, Lamar is proud to offer its customers the largest network of digital billboards in the United States with approximatel...