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Showing posts from July, 2020

Altria hikes dividend by 2.4%

Tobacco company Altria Group, Inc. (MO) will increase its quarterly dividend by 2.4 percent to 86 cents per share in 2020. This comes after a 5.0 percent dividend hike to $0.84 per common share in 2019 and marks the 51st consecutive year of annual dividend increases by the Dividend Aristocrat. The next dividend will be paid on October 9, 2020 to shareholders of record on September 15, 2020. The ex-dividend date is September 14, 2020. The new annualized dividend rate of $3.44 per common share represents a yield of 8.1% based on Altria’s closing stock price of $42.52 on July 28, 2020. From the company's press release: “We’re pleased to announce that yesterday, our Board declared a quarterly dividend of $0.86 per share, representing a new annualized dividend rate of $3.44 per share and an increase of 2.4% from the previous annualized rate of $3.36 per share. This dividend increase marks the 55th dividend increase in the past 51 years,” said Sal Mancuso, Altria’s Chief Financial Of

Altria announces 51st consecutive year of dividend increases in 2020

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Marlboro is a brand of Altria Dividend Aristocrat Altria Group (MO) will raise its dividend again this year. The quarterly payment will be raised by $0.02 to 86 cents quarterly per share. The new annual dividend rate yields an estimated 8.1 percent at the current stock price.

PPG Industries increases dividend for 49th consecutive year

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PPG is a Dividend Aristocrat © dividendtrackrecords.com Dividend Aristocrat PPG Industries (PPG) will raise its quarterly dividend by 5.9 percent to 54 cents per share. This marks the 49th consecutive year of dividend increases by the paint and coatings maker. The new annual dividend rate of $2.16 per share yields 1.9% at a stock price of $115.

Stanley Black & Decker raises dividend for 53rd year

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SWK is a Dividend Aristocrat © dividendtrackrecords.com Dividend Aristocrat Stanley Black & Decker (SWK) will raise its dividend by 1.4 percent. This marks 53 consecutive years of dividend increases by the provider of hand tools and power tool.

Computer Services raises dividend for 49th consecutive year

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Computer Services (CSVI) will raise its quarterly dividend by 19 percent to 25 cents per share in 2020. This marks the 49th consecutive year of annual dividend increases by the it services company.

Dividend Aristocrat Walgreens raises dividend by 2.2 percent

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Dividend Aristocrat Walgreens Boots Alliance will increase its dividend by 2.2 percent, marking the 45th consecutive year of dividend increases. The company also announced that it will suspend its share repurchases. Walgreens hiked its dividend by 4.0 percent last year and this is the smallest dividend increase in years for the  pharmacy-led health and wellbeing company.

John Wiley increases dividend for 27th consecutive year

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John Wiley & Sons (JW) will raise its quarterly dividend by 0.7 percent to 34.25 cents per share in 2020. This follows a 3.0 percent dividend increase by the research and education company last year.