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Showing posts from December, 2020

Dividend Aristocrat Abbott Laboratories ups dividend by 25%

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Dividend Aristocrat Abbott Laboratories (ABT) will raise its quarterly dividend by 25% to $0.45 per share in the first quarter of 2021. This is by far the biggest increase announced by the company since it separated from fellow Aristocrat AbbVie (ABBV).

American Financial Group pays special dividend

American Financial Group, Inc. (AFG) will pay a special dividend of $2.00 per share. Earlier this year the company raised its quarterly dividend by 11.1 percent to 50 cents per share. Last year the insurance holding company paid a special cash dividend of $1.80 per share in the fourth quarter of 2019, following a $1.50 per share special dividend paid earlier in 2019. The regular dividend was also hiked by 12.5 percent to 45 cents per share quarterly in 2019. The dividend is payable on December 29, 2020 to holders of record on December 21, 2020. A regular annualized dividend rate of $2.00 per share yields 2.3% at a stock price of $88. This special dividend is in addition to the Company’s regular quarterly cash dividend of $0.50 per share that was last paid on October 26, 2020. In the press release dated December 10, 2020, announcing this special dividend, AFG Co-CEOs Carl H. Lindner III and S. Craig Lindner stated: “Returning excess capital to shareholders in the form of this $2.00 ...

Universal Health Realty Income Trust hikes dividend by 0.7%

Universal Health Realty Income Trust (UHT) will raise its quarterly dividend by another 0.7 percent to $0.695 per share. This is the second dividend hike announced in 2020 and marks 33 consecutive years of dividend increases by the health care REIT. The next dividend will be paid on December 31, 2020 to shareholders of record as of December 17, 2020. A new annual rate of $2.76 per share yields 4.3% at a stock price of $64.26. Last year the real estate investment trust hiked its dividend by a total of 1.5 percent, marking 32 consecutive years of dividend increases. The total dividend increase announced in 2020 is 1.5 percent, matching last year's dividend hike. Universal Health Realty Income Trust, a real estate investment trust, invests in healthcare and human service related facilities including acute care hospitals, behavioral healthcare facilities, rehabilitation hospitals, sub-acute care facilities, surgery centers, childcare centers and medical office buildings.

Global Water Resources hikes dividend by 0.8%

Global Water Resources (GWRS) will raise its monthly dividend by 0.8 percent to 2.43 cents per share. Last year the utility hiked its montyly dividend by 1.0 percent to $0.0241 per share.  GWRS will pay the next monthly cash dividends of $0.0243 per common share on December 30, 2020 to holders of record on December 16, 2020. A new annual rate of approximately 29 cents yields 2.3% at a stock price of $13.14. Global Water Resources is a comprehensive water resource management company based in Phoenix, Arizona. It manages the entire water cycle by owning and operating water, wastewater and recycled water utilities.