Dividend Track Records

Realty Income Corporation (O) will raise its monthly dividend by another 0.2 percent to $0.2330 per share in 2020. Earlier this year the real estate investment trust already hiked its dividend by 2.2 percent. The next dividend is payable on April 15, 2020 to shareholders of record as of April 1, 2020. A new annualized dividend amount of $2.80 per share yields 5.9% at a stock price of $47.42. "We remain committed to our company's mission of paying dependable monthly dividends to our shareholders that increase over time," said Sumit Roy, President and Chief Executive Officer of Realty Income in the company's press release dated March 17, 2020 announcing this dividend hike. "Our Board of Directors has once again determined that we are able to increase the amount of the monthly dividend to our shareholders, marking the 106th increase since our company's public listing in 1994. With the payment of the January dividend, we will have made 597 consecutive monthly...

Delta Air Lines (DAL) will suspend its quarterly dividend. This will end 6 consecutive years of dividend increases by the air transportation company. Delta Air had raised its dividend by double digits in each of the last six years. In 2019 the company hiked its dividend by 15.0 percent and bought back 6.0 percent of its shares outstanding. In order to preserve liquidity, Delta has suspended its capital return program, including the company's stock repurchase program and the Board's suspension of future dividend payments. 'The growing need to protect Delta's future has led to difficult decisions across our business that are impacting all of our stakeholders,' said Delta CEO Ed Bastian in the company's press release announcing that Delta has obtained a $2.6 billion credit facility and will suspend its dividend and buybacks. 'Maintaining ample liquidity during this crisis is critical to the essential service that Delta provides in America's transportati...

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...

Darden Restaurants (DRI) will suspend its quarterly dividend. Last year the company hiked its dividend by 17.3 percent. Darden had paid a dividend every year since 1995. In Darden's press release today the company's Board says it made this determination due to uncertainty driven by the significant reduction in effective restaurant seating capacity and other restrictions mandated by state and local governments in response to COVID-19.  The Board of Directors intends to review the Company's quarterly cash dividend policy as developments warrant.  Out of an abundance of caution, the Company is also fully drawing on its $750 million credit facility. Darden is also withdrawing its full year financial outlook for fiscal 2020. Darden's stock price declined by almost 70% in 2020 prior to this press release. "The health and safety of our team members, their families and our guests remains our top priority," said CEO Gene Lee in today's press release by Darden...

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.

W. P. Carey (WPC) will raise its quarterly dividend by 0.2 percent to $1.040 per share, marking the company’s 76th consecutive quarterly dividend increase since going public in 1998. Last year W.P. Carey raised its dividend by a total of 0.8 percent. The next dividend is payable on April 15, 2020 to stockholders of record as of March 31, 2020. The new annualized dividend rate of $4.16 per share yields 5.6% at a stock price of $73.88. The company has raised its dividend for 21 consecutive years and 2020 will mark the 22nd straight year of higher dividends. W. P. Carey Inc. is a net lease commercial real estate investment trust that provides real estate-based financing solutions. The company invests in high-quality single-tenant industrial, warehouse, office and retail properties subject to long-term leases with built-in rent escalators. Its portfolio is located primarily in the U.S. and Northern and Western Europe and is well-diversified by tenant, property type, geographic location...

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.

Flanigan’s Enterprises Inc. (BDL) will raise its annual dividend by 7,1 percent to $0.30 per share in 2020. Last year the company behind Big Daddy's Liquors and Flanigan's Seafood Bar and Grill hiked its annual dividend by 12.0 percent. The next dividend is payable on April 3, 2020 to shareholders of record on March 20. The new dividend rate of 30 cents yields 1.6% at a stock price of $18.41. Florida based Flanigan’s Enterprises, Inc. is the owner and operator of the "Flanigan's Seafood Bar and Grill" restaurants and "Big Daddy's" retail liquor stores. The company runs restaurants, package liquor stores and combination restaurants/package liquor stores that are either owned, operationally controlled or partially owned. With the exception of “The Whale’s Rib”, a restaurant the company operates but does not own, all of the restaurants operate under its service mark “Flanigan’s Seafood Bar and Grill” and all of the package liquor stores operate under...

Sun Communities (SUI) will raise its quarterly dividend by 5.3 percent to $0.79 per share in 2020. The real estate investment trust (REIT) that owns and operates or has an interest in manufactured housing and recreational vehicle communities hiked its dividend by 5.6 percent last year. The next distribution is payable April 15, 2020 to shareholders of record on March 31, 2020. A new annual rate of $3.16 per share yields 1.9% at a stock price of $169.54. Sun Communities, Inc. is a real estate investment trust that owns and operates or has an interest in manufactured housing and recreational vehicle communities. It has regional property management offices located in Austin, Texas; Dayton, Ohio; Grand Rapids, Michigan; Traverse City, Michigan; Ft. Myers, Florida, and Orlando, Florida. Established in 1975, Sun Communities became a publicly owned corporation in December, 1993. Distributions have traditionally been paid in January, April, July and October. SUI currently doe...

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...