Dividend Track Records

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...

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 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.

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 (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 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.

Realty Income Corporation (O) will raise its monthly dividend by another 0.2 percent to $0.2335 per share in Q3 of 2020. Earlier this year the real estate investment trust already hiked its dividend twice for a total increase of 2.6 percent. Realty Income is a Dividend Aristocrat having raised its monthly dividend for 26 consecutive years in 2020. The next dividend of 23.35 cents per share is payable on July 15, 2020 to shareholders of record as of July 1, 2020. A new annualized dividend amount of $2.802 per share yields 4.7% at a stock price of $58.67. In the press release dated June 9, 2020 the company mentions that this is the 107th dividend increase since Realty Income's listing on the NYSE in 1994. The ex-dividend date for July's dividend is June 30, 2020. "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....

National Fuel Gas (NFG) will raise its quarterly dividend by 2.3 percent to $0.445 per share in 2020. This follows a 2.4 percent dividend hike announced by the diversified energy company last year and will mark the 50th consecutive year in which National Fuel has increased its annual dividend. The next dividend is payable July 15, 2020, to shareholders of record at the close of business on June 30, 2020. A new annual rate of $1.78 per share yields 4.3% at a stock price of $41.28. In its press release announcing this dividend hike National Fuel notes that it has paid dividends for 118 consecutive years and has increased its annual dividend for 50 straight years. National Fuel is a diversified energy company headquartered in Western New York that operates an integrated collection of natural gas and oil assets across five business segments: Exploration & Production, Pipeline & Storage, Gathering, Utility, and Energy Marketing.

W. P. Carey (WPC) will raise its quarterly dividend by another 0.2 percent to $1.042 per share in the third quarter of 2020. This follows a similar 0.2 percent increase announced in the previous quarter. Net lease commercial real estate investment trust W.P. Carey has raised its dividend 22 consecutive years. The next dividend is payable on July 15, 2020 to stockholders of record as of June 30, 2020. The new annualized dividend rate of $4.17 per share yields 6.1% at a stock price of $67.99. The company has raised its dividend for 21 consecutive years and 2020 will mark the 22nd straight year of higher dividends. The current market value of W.P. Carey, which also rents a lot of real estate internationally, is $ 12 billion. On an annual basis, this REIT now pays out over $ 719 million in dividends to the shareholder. At the New York stock exchange, W.P. Carey loses about 15% in 2020, which is in line with many other real estate stocks. Dividend growth has been slowing significantly...

Target Corporation (TGT) will raise its quarterly dividend by 3.0 percent to 68 cents per share in 2020. This comes after a 3.1 percent hike to $0.66 per share in 2019 and marks the 49th consecutive year of dividend increases by this Dividend Aristocrat. The next dividend is payable September 10, 2020 to shareholders of record at the close of business August 19, 2020.  A new annual rate of $2.72 per share yields 2.3% at a stock price of $119.12. In the company's press release dated June 11, 2020, Target states that this 3rd quarter dividend will be the company's 212th consecutive dividend paid since October 1967 when the company became publicly held.  With the increase announced today, 2020 is on track to be the 49th consecutive year in which Target has increased its annual dividend. Target Corporation was one of the best-performing Dividend Aristocrats in 2019 with a stock price gain of 94 percent, which does not include the dividend. The general merchandise retail...

W.R. Berkley (WRB) will raise its quarterly dividend by 9.1 percent to $0.12 per share. Last year the insurance holding company raised its regular dividend by 10.0 percent, marking the 18th consecutive year of dividend increases. The next dividend of 12 cents will be paid on June 30, 2020 to stockholders of record at the close of business on June 23, 2020. A regular annual dividend rate of 48 cents per share yields 0.9% at a stock price of $56.47. W. R. Berkley Corporation has announced a dividend hike every year since 2010. In 2009 the company did not announce a dividend hike during the financial crisis. On an annualized basis the dividend has been raised for 19 consecutive years now if this year's increase is included. The company pays approximately $86 million in dividends annually and currently has a market cap of $10.1 billion. This explains the small dividend yield of less than 0.9%. W.R. Berkley's stock price was up in each of the past six years, making 2020 (with ...

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.

Kroger Co (KR) will raise its quarterly dividend by 12.5 percent to 18 cents per share in 2020. This comes after a 14.3 percent dividend increase to $0.16 per share in 2019. The supermarket operator has now raised its dividend for 14 consecutive years and is one of just a few large-cap companies listed on US exchanges to announce a dividend hike during the COVID-19 pandemic. The next quarterly dividend of $0.18 per share will be paid on September 1, 2020 to shareholders of record as of close of business on August 14, 2020. The new annualized dividend rate of 72 cents per share translates into a 2.2% dividend yield at a stock price of $33.50 for Kroger. In its press release announcing this dividend hike Kroger states that it continues to expect, subject to board approval, an increasing dividend over time. "Kroger's 13 percent dividend increase reflects our ability to deliver strong free cash flow during uncertain times and throughout the economic cycle," said Rodney Mc...

Simon Property Group (SPG) will cut its quarterly dividend by 38.1 percent to $1.30 per share. The commercial REIT last hiked its quarterly dividend by 2.4 percent to $2.10  per share in the third quarter of 2019. This dividend cut will end the company's 10 year record of consecutive annual dividend increases. The next lowered dividend of $1.30 per share will be payable on July 24, 2020 to shareholders of record on July 10, 2020. The annualized dividend rate will drop from $8.40 to $5.20 per share and yields 7.6% at a stock price of $68.81. In it's press release dated June 29, 2020 the company announces that it expects to pay at least $6.00 per share in common stock dividends for 2020, in cash, subject to Board of Directors approval. A dividend cut was expected by many investors as many other REITs have already cut their dividend because of the COVID-19 pandemic. Simon Property's stock price has lost a whopping 53.8 percent year-to-date and touched a low of $42.25 on Ap...

Bank OZK (OZK) will raise its quarterly dividend by another 0.9 percent to $0.2725 per share in the third quarter of 2020. This is the third dividend hike announced in 2020 by the bank holding company. Bank OZK has increased its dividend 22 consecutive years. The next dividend is payable July 20, 2020 to shareholders of record as of July 13, 2020. A new annualized dividend rate of $1.09 per share yields 4.7% at a stock price of $23.00. Bank OZK, formerly Bank of the Ozarks, Inc. is a bank holding company. The Company owns a state-chartered subsidiary bank that conducts banking operations in Arkansas, Georgia, North Carolina, Texas, Florida, Alabama, South Carolina, New York and California. The company's deposit services, including checking, savings, money market, time deposit and individual retirement accounts and loan services, including real estate, consumer, commercial, industrial and agricultural loans and leasing services. OZK also provides services such as mortgage lendin...