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Showing posts from March, 2020

Park Hotels & Resorts suspends dividend

Colgate-Palmolive raises dividend for 57th consecutive year (+2.3%)

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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.

Investors Title hikes dividend by 10%

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.

Lamar Advertising hikes dividend by 4.2%

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...