Dividend Track Records

National Fuel Gas Company (NFG) will raise its quarterly dividend by 2.3 percent to $0.445 per share in 2020, marking the 50th consecutive year of dividend increases by the diversified energy company headquartered in Western New York.

Target Corporation (TGT) will raise its quarterly dividend by 3.0 percent to 68 cents per share in 2020. This marks the 49th consecutive year of dividend increases by this Dividend Aristocrat.

Realty Income (O) will raise its monthly dividend by another 0.2 percent to $0.233 per share. The REIT, one of the Dividend Aristocrats, has now raised its dividend for 26 consecutive years.

Urstadt Biddle Properties Inc. (UBA) will cut its quarterly dividend by 75 percent to 7 cents per share. This will end a great dividend track record with the shopping center REIT having raised its dividend every year for the last 26 years. This action follows dividend cuts and suspensions in May by other companies known for their strong dividend history such as Ross Stores, TJX Companies and Tanger Factory Outlet Centers.

Universal Health Realty Income Trust (UHT) will raise its quarterly dividend by another 0.7 percent to $0.69 per share. This marks 33 consecutive years of dividend increases by the health care REIT.