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Showing posts from April, 2021

Apple hikes dividend by 7.3%

Apple (AAPL) will raise its quarterly dividend by 7.3 percent to 22 cents per share in 2021. This comes after a 6.5 percent dividend hike to $0.82 per share in announced in 2020. The technology company has now raised its dividend for 9 consecutive years.  The increased dividend will be paid on May 13, 2021 to shareholders of record as of the close of business on May 10, 2021. The next ex-dividend date for AAPL is May 7, 2021. Apple stock yields 0.7% based on the new annual dividend of $0.88 per share and a stock price of $133.48. Apple is one of the biggest dividend payers in the United States and wordwide with an annual payment of almost $15 billion to shareholders. Apple Inc. designs, manufactures and markets mobile communication and media devices and personal computers, and sells a variety of related software, services, accessories and third-party digital content and applications. The company’s products and services include iPhone, iPad, Mac, Apple Watch, AirPods, Apple TV, Home...

American Water Works hikes dividend by 9.5%

American Water Works (AWK) will raise its quarterly dividend by 9.5 percent to $0.6025 per share in 2021. This follows a dividend hike of 10.0 percent to $0.55 per share in 2020 and marks the 13th consecutive year of dividend increases by the water utility company. The increased dividend will be payable on June 1, 2021 to all shareholders of record as of May 11, 2021. The new annual dividend amount of $2.41 per share yields 1.6% at a stock price of $154.44. The next ex-dividend date for AWK is May 10, 2021. American Water Works Company, Inc. is a water and wastewater utility company.  The company conducts the majority of its business through regulated utilities that provide water and wastewater service. American Water also operates market-based businesses that provide complementary services. The company’s utilities provide water and wastewater services to residential, commercial, industrial, public authority, fire service and sale for resale customers. American Water has increased ...

West Bancorporation hikes dividend by 9.1%

Hanmi Financial hikes dividend by 20%

Janus Henderson Group hikes dividend by 5.6%

Sonic Automotive hikes dividend by 20%

Sonic Automotive (SAH) will raise its quarterly dividend by 20 percent to 12 cents per share in 2021. This follows a 66.7 percent hike to $0.10 per share in the first quarter of 2019.  The increased dividend is payable on July 15, 2021 to all stockholders of record on June 15, 2021. The new annual rate of 48 cents per share yields 0.9% at a stock price of $50.88. Sonic Automotive, Inc. is an automotive retailer. The company represents approximately 25 different car brands with the majority of our dealerships being luxury and import brands. Sonic Automotive also operates collision repair centers and pre-owned vehicle stores. SAH, based in Charlotte, N.C., became a public company in 1997.

ConnectOne Bancorp hikes dividend by 22.2%

Camping World hikes dividend by 8.7%

Cowen hikes dividend by 25%

Cogent Communications hikes dividend by 3.3%

FS Bancorp hikes dividend by 3.8%

Alliance Resource Partners reinstates distribution

Williams Companies hikes dividend by 2.5%

Principal Financial Group hikes dividend by 8.9%

Principal Financial Group (PFG) will raise its quarterly dividend by 8.9 percent to 61 cents per share in 2021. This comes after a dividend hike of 1.8 percent to $0.56 per share announced in the first quarter of 2020 and also marks the 13th consecutive year of annual dividend increases by the investment management company. The next dividend will be payable on June 25, 2021, to shareholders of record as of June 3, 2021. A new annual dividend rate of  $2.44 per share yields 3.8% at a stock price of $64. The next ex-dividend date for PFG is June 2, 2021. Principal Financial Group, Inc. is a global investment management company offering businesses, individuals and institutional clients a wide range of financial products and services, including retirement, asset management and insurance through its financial services companies.  The company provides long-term investment strategies to institutional, retirement, high net worth and retail clients through equity, fixed income, real es...

Paccar hikes dividend by 6.3%

PACCAR (PCAR) will hike its quarterly dividend by 6.3 percent to 34 cents per share. This is the first increase announced since 2019 by the truck maker. PACCAR did however pay a special cash dividend of $0.70 per share in 2020. This follows a special dividend of $2.30 per share in 2019.  The next dividend is payable on June 2, 2021, to stockholders of record at the close of business on May 12, 2021. The annual dividend of PACCAR now will be $1.36 per share and yields 1.5% at a stock price of $90. Mark Pigott, executive chairman, shared, “PACCAR has benefited from increased share in the North American and European truck markets, as well as steady growth in its aftermarket parts and finance segments. PACCAR has delivered annual dividends, including regular quarterly and extra cash dividends, totaling approximately 50% of net income for many years. Dividends are an important element of PACCAR’s shareholder returns, which have exceeded the S&P 500 index for the last 15 years.” Pre...

SB Financial Group hikes dividend by 4.8%

Newmont Corporation hikes dividend by 37.5%

Newmont Corporation (NEM) will raise its quarterly dividend by 37.5 percent to 55 cents per share in 2021. This follows a double dividend hike for a total increase of 185.7 percent announced in 2020 by the mining company. The next dividend is payable on March 18, 2021 to holders of record at the close of business on March 4, 2021. A new annualized dividend rate of $2.20 per share yields 3.4% at a stock price of $64. Newmont Corporation, formerly Newmont Goldcorp Corporation and Newmont Mining Corporation, is primarily a gold producer with operations in the United States, Canada, Mexico, Dominion Republic, Peru, Suriname, Argentina, Chile, Australia and Ghana. Newmont is also engaged in the production of copper, silver, lead and zinc. The company's corporate headquarters are in Greenwood Village, Colorada, USA. On April 18, 2019 the company completed the acquisition of Goldcorp, Inc. Newmont's original predecessor corporation was incorporated in 1921 and has been publicly traded...

WW Grainger hikes dividend by 5.9%

Evercore hikes dividend by 11.5%

Evercore Inc., formerly Evercore Partners Inc., will raise its quarterly dividend by 11.5 percent to 68 cents per share in 2021. This follows a dividend hike of 5.2 percent to 61 cents per share in 2020 and marks the 13th year of consecutive dividend increases. The next dividend will be paid on June 11, 2021 to common stockholders of record on May 28, 2021.  A new annualized rate of $2.72 per share yields 1.9% at a stock price of $141. Evercore is a global investment banking advisory firm. The company advises a diverse set of investment banking clients on a wide range of transactions and issues and provides institutional investors with high quality equity research, sales and trading execution that is free of the conflicts created by proprietary activities. Evercore also offers investment management services to high net worth and institutional investors.

Central Pacific Financial hikes dividend by 4.3%

Marine Products hikes dividend by 20%

Marine Products Corp (MPX) will raise its dividend by another 20 percent to 12 cents per share in Q2 of 2021. This follows a dividend hike of 25 percent to 10 cents per share in Q1. However this comes after a cut of the quarterly dividend by a third to 8 cents per share in 2020 by the manufacturer of recreational fiberglass powerboats in the sportboat, sport fishing and jet boat markets. This cut last year ended 7 consecutive years of dividend hikes by MPX. The next dividend of 8 cents will be payable June 10, 2021 to common stockholders of record at the close of business on May 10, 2021. A new annual dividend rate of 48 cents yields 2.8% at a stock price of $17.42 for Marine Products Corp. Marine Products Corporation designs, manufactures and sells recreational fiberglass powerboats in the sportboat, sport fishing and jet boat markets. Its products include Chaparral sterndrive, outboard and jet pleasure boats and Robalo outboard sport fishing boats. The company sells its products to a...

First Financial Bankshares hikes dividend by 15.4%

First Financial Bankshares (FFIN) will raise its quarterly dividend by 15.4 percent to 15 cents per share in 2021. This follows a dividend hike of 8.3 percent to $0.13 per share in 2020. This will also mark 11 consecutive years of dividend increases by the financial holding company. The next dividend will be paid to shareholders of record on July 1, 2021, with payment set for June 16, 2021. A new annual dividend rate of 60 cents per share yields 1.1% at a stock price of $49.60. "Due to our strong capital position and historical increases in earnings, we are pleased to announce the increase in our quarterly cash dividend for our shareholders," said F. Scott Dueser, Chairman, President and CEO.  "We are also grateful to our shareholders for the re-election of our directors and the passage of the three proposals." First Financial Bankshares, Inc., a Texas corporation, is a financial holding company.  Through its subsidiaries, FFIN conducts a full-service commercial ban...

Altra Industrial Motion hikes dividend by 33.3%

Altra Industrial Motion (AIMC) will hike its dividend by 33.3 percent to 8 cents per share quarterly. This follows a dividend hike of 50 percent to 6 cents quarterly last year. However this also comes after the company cut its quarterly dividend by 76.5 percent to 4 cents per share in June 2020.  The next dividend of 8 cents per share will be paid on July 2, 2021 to shareholders of record as of the close of business on June 18, 2021. A new annual dividend rate of 32 cents per share yields 0.5% at a stock price of $64.81. AIMC will trade ex-dividend on June 17. Altra Industrial Motion Corp. is an industrial, global manufacturer and supplier of electromechanical power transmission, motion control and automation products, including highly engineered power transmission, motion control and engine braking systems and components. Altra's brands include Bauer Gear Motor, Boston Gear, Jacobs Vehicle Systems, Kollmorgen, Portescap, Stromag, Svendborg Brakes, TB Wood's, Thomson and Warner...

Federal Signal hikes dividend by 12.5%

Alexander & Baldwin hikes dividend by 6.7%

First Commonwealth Financial hikes dividend by 4.5%

Lakeland Bancorp hikes dividend by 8%

Invesco hikes dividend by 9.7%

W.W. Grainger hikes dividend by 5.9%

W.W. Grainger (GWW) will raise its quarterly dividend by 5.9 percent to $1.62 per share in 2021. This comes after a dividend hike of 6.3 percent to $1.53 per share in 2020 and will mark the 50th consecutive year of dividend increases by Dividend Aristocrat GWW. The next dividend The dividend is payable on June 1, 2021, to shareholders of record on May 10, 2021. A new annualized dividend of $6.48 per share yields 1.4% at a stock price of $461. W.W. Grainger, Inc., incorporated in the State of Illinois in 1928, is a broad line, business-to-business distributor of maintenance, repair and operating (MRO) products and services. The company operates through two segments, which include the United States and Canada. W.W. Grainger, Inc.'s operations are primarily in North America, Europe and Japan. William W. Grainger founded the company in 1927 as a wholesale electric motor sales and distibution business in Chicago. The following year, the business was incorporated in Illinois as W.W. Grai...

RBB Bancorp hikes dividend by 8.3%

Hawthorn Bancshares hikes dividend by 15.4%

Home Bancorp hikes dividend by 4.5%

Pacific Premier Bancorp hikes dividend by 10%

Regal Beloit hikes dividend by 10%

Regal Beloit (RBC) will raise its quarterly dividend by 10 percent to 33 cents per share in 2021. This is the first increase since 2019, when the company announced a 7.1 percent hike to $0.30 per share in the second quarter of 2019. This marks the 17th consecutive year of dividend increases by RBC based on dividends paid in each calendar year. The next dividend is payable on July 16, 2021, to shareholders of record at the close of business on July 2, 2021.  A new annual rate of $1.32 per share yields 0.9% at a stock price of $149. Regal Beloit Corporation is a manufacturer of electric motors, electrical motion controls, power generation and power transmission products. The company's four operating segments are: Commercial Systems, Industrial Systems, Climate Solutions and Power Transmission Solutions. Regal is headquartered in Beloit, Wisconsin, and has manufacturing, sales and service facilities throughout the United States, Canada, Mexico, Europe and Asia. The company has paid a ...

SBA Communications hikes dividend by 24.7%

SBA Communications Corporation (SBAC) will raise its quarterly dividend by 24.7 percent to 58 cents per share in 2021. This follows a 25.7 percent dividend hike announced last year by the communications REIT. The quarterly cash dividend of $0.58 per share of the Company’s Class A Common Stock is payable June 15, 2021 to the shareholders of record at the close of business on May 20, 2021. A new annual dividend rate of $2.32 per share will yield 0.8% at a stock price $295. SBA Communications Corporation is a provider and leading owner and operator of wireless communications infrastructure in North, Central, and South America and South Africa. The primary focus of the company is the leasing of antenna space on its multi-tenant communication sites to a variety of wireless service providers under long-term lease contracts. The company's other business line is its site development business, through which it assists wireless service providers in developing and maintaining their own wirele...

Linde hikes dividend by 10.1%

Linde PLC (LIN), formerly Praxair Inc. (PX), will raise its quarterly dividend by another 10.1 percent to $1.06 per share in 2021, matching last year's dividend hike of 10.1 percent to $0.963 per share in the first quarter of 2020. The Dividend Aristocrat has now boosted its dividend 28 straight years. The next dividend is payable on June 17, 2021 to shareholders of record on June 3, 2021. The new dividend yield for Linde is 1.5% at a stock price of $290 and today marks the 28th consecutive year of dividend increases if we continue the Praxair dividend history. Linde will now pay an estimated $2.22 billion annually in dividends to its shareholders. Linde plc, formerly Praxair, Inc., is an industrial gases and engineering company. The company serves a variety of end markets including aerospace, chemicals, food and beverage, electronics, energy, healthcare, manufacturing and primary metals. Linde's industrial gases are used in countless applications, from life-saving oxygen for h...

IBM hikes dividend by 0.6%

International Business Machines (IBM) will raise its quarterly dividend by another 0.6 percent to $1.64 per share in 2021. This comes after a similar small hike of 0.6 percent to $1.63 per share in 2020. This marks the 26th consecutive year of annual dividend increases by the technology company. The 0.6 percent hikes in both 2020 and 2021 are the smallest by the technology giant in the last 25 years. The next dividend is payable June 10, 2021 to stockholders of record as of May 10, 2021. A new annualized dividend rate of  $6.56 per share yields 4.6% at a stock price of $142. Dividend growth has been slowing in the last four years, with smaller increases every year. The last time IBM hiked its dividend by double digits was in 2015 with a 18.2 percent increase. This year's dividend hike, matching the 2020 hike, is the smallest since IBM started hiking its dividend annually back in 1996. International Business Machines Corporation (IBM) is a hardware, software and services company...

Global Partners hikes distribution by 4.5%

Metlife hikes dividend by 4.3%

MetLife (MET) will raise its quarterly dividend by 4.3 percent to 48 cents per share in 2021. This follows a dividend hike of 4.5 percent to $0.46 per share in 2020 and marks 9 consecutive years of dividend increases by the insurance company. The next dividend will be payable on June 14, 2021, to shareholders of record as of May 11, 2021. A new annual rate of $1.92 per share yields 3.0% at a stock price of $63.36. “We are pleased to increase our common stock quarterly dividend by 4.3%,” said MetLife President and CEO Michel Khalaf. “Thanks to our financial strength, we are a source of steady and growing income for millions of people. By executing on our Next Horizon strategy, we are generating strong free cash flow that enables us to return capital to our shareholders while also investing to drive profitable growth now and into the future.” MetLife, Inc. is a financial services company with operations worldwide, including the United States, Japan, Latin America, Asia, Europe and the Mi...

OneMain Holdings hikes dividend by 55.6%

Northwest Bancshares hikes dividend by 5.3%

Cheniere Energy Partners hikes distribution by 0.8%

Cheniere Energy Partners (CQP) will raise its quarterly distribution by another 0.8 percent to $0.66 per unit in the second quarter of 2021.  Cheniere Energy Partners, L.P. (Cheniere Partners) is a Delaware limited partnership formed by Cheniere Energy, Inc. Through wholly owned subsidiaries, it owns and operates the Sabine Pass LNG receiving terminal and the Creole Trail Pipeline located in western Cameron Parish, Louisiana on the Sabine-Neches Waterway. Through Sabine Pass LNG, L.P., Cheniere Partners owns and operates regasification facilities at the Sabine Pass LNG terminal, which includes LNG storage tanks, marine berths and vaporizers with regasification capacity. Cheniere Partners also owns a  pipeline that interconnects the Sabine Pass LNG terminal with a number of large interstate pipelines through its wholly owned subsidiary, Cheniere Creole Trail Pipeline, L.P. Cheniere Partners has been paying quarterly distributions since 2007, when it became a publicly traded com...

Raytheon Technologies hikes dividend by 7.4%

Raytheon Technologies (RTX), formerly United Technologies, will hike its quarterly dividend by 7.4 percent to 51 cents per share in 2021. Last year the merged company started with a $0.475 quarterly dividend, down 35.4 percent from the last quarterly dividend paid by United Technologies prior to the merger with Raytheon. This will mark the first dividend increase ever by the merged company. The next dividend of 51 cents per share will be payable on June 17, 2021, to shareowners of record at the close of business on May 21, 2021. A new annual dividend rate of $2.04 per share will yield 2.5% at a stock price of $81. "The increase in our dividend reflects our long-standing commitment to deliver consistent and growing cash returns to shareowners," said Raytheon Technologies chief executive officer Greg Hayes. "The outlook for our company is positive and we remain on track to return $18 to $20 billion to shareowners in the four years following the merger." Raytheon Techn...

Ameriprise Financial hikes dividend by 8.7%

Ameriprise Financial (AMP) will raise its quarterly dividend by 8.7 percent to $1.13 per share in 2021. This follows a dividend hike of 7.2 percent to $1.04 per share in 2020 and also marks 14 consecutive years of dividend increases by the financial services company. The new dividend is payable on May 21, 2021 to shareholders of record at the close of business on May 10, 2021. A new annualized rate of $4.52 per share yields 1.8% at a stock price of $247. Ameriprise Financial now pays an estimated $533 million annually in dividends to shareholders. Ameriprise Financial, Inc. is a financial services company that offers financial solutions to individual and institutional clients. The company provides financial planning, products and services that are designed to be utilized as solutions for its clients' cash and liquidity, asset accumulation, income, protection, and estate and wealth transfer needs. Ameriprise utilizes two go-to-market approaches in carrying out this strategy: Wealth ...

People's United Financial hikes dividend by 1.4%

Dividend Aristocrat People's United Financial (PBCT) will raise its quarterly dividend by another 1.4 percent to $0.1825 per share in 2021. This follows a similar 1.4 percent dividend hike last year and marks the 28th consecutive year of higher dividend payments by the bank holding company. The next dividend is payable May 15, 2021 to shareholders of record on May 3, 2021. The new annual rate of $0.73 per share yields 4.0% at a stock price of $17.90 for PBCT. People's United Financial, Inc. is a bank holding company and a financial holding company. People’s United is the holding company for People’s United Bank, National Association, a national banking association headquartered in Bridgeport, Connecticut. The principal business of People’s United is to provide, through the Bank and its subsidiaries, commercial banking, retail banking and wealth management services to individual, corporate and municipal customers. Traditional banking activities are conducted primarily within New...

United Bancorp hikes dividend by 1.8%

WSFS Financial hikes dividend by 8.3%

Southern Copper hikes dividend by 16.7%

Southern Copper Corporation (SCCO) will increase its quarterly dividend by another 16.7 percent to 70 cents per share in 2021. This comes after a 20 percent hike to 60 cents per share in the first quarter of 2021. In Q4 of 2020 the copper producer hiked its dividend by another 25.0 percent to 50 cents per share, after it had doubled its quarterly dividend to 40 cents per share earlier in 2020. However, this came after a cut of 50.0 percent in the quarterly dividend to $0.20 per share announced in April 2020. The copper producer also reduced its dividend in 2015, 2013 and 2012. The next dividend will be paid on May 25, 2021 to shareholders of record on May 11, 2021. A new annual dividend rate of $2.80 per share yields 3.9% based at a stock price of $71.64. Southern Copper Corporation will now pay an estimated $2.2 billion annually in dividends to its shareholders.  Southern Copper Corporation is an integrated copper producer. It produces copper and, in the production process, obtain...

AGCO hikes dividend by 25% and pays special dividend

AGCO Corp (AGCO) will raise its quarterly dividend by 25 percent to 20 cents per share in 2021. Also the tractor maker will pay a special dividend of $4.00 per share. This is the first dividend hike announced by the company since 2019, when the dividend was hiked by 6.7 percent to $0.16 per share. This new dividend hike will mark the 8th year of annual dividend increases. The next regular quarterly dividend of 20 cents will be paid on June 15, 2021 to all stockholders of record as of the close of business on May 14, 2021. A new annualized dividend rate of 80 cents per share yields 0.5% at a stock price of $153.  The special dividend of $4.00 per share will be paid by AGCO to shareholders of record on May 10, 2021 with a payment date of June 1, 2021. The ex-date for the special dividend is May 7, 2021. The special dividend yields 2.6% at the current stock price mentioned above. AGCO Corporation is a manufacturer and distributor of agricultural equipment and solutions. AGCO products ...

1st Source hikes dividend by 3.4%

1st Source (SRCE) will hike its quarterly dividend by another 3.4 percent to 30 cents per share in 2021. This follows a dividend hike of 3.6 percent to 29 cents per share in Q1 of 2021. Last year the dividend was cut by 3.4 percent from 29 cents to 28 cents per share. The company previously raised its quarterly dividend by 7.4 percent to $0.29 per share in Q4 of 2019. The cash dividend is payable to shareholders of record on May 4, 2021 and will be paid on May 14, 2021. A new annual rate of $1.1620 per share yields 2.5% at a stock price of $47.29. 1st Source Corporation is a bank holding company. The company, through its subsidiaries, provides a range of financial products and services. 1st Source Bank also competes for business nationally by offering specialized financing services for new and used private and cargo aircraft, automobiles for leasing and rental agencies, medium and heavy duty trucks, and construction equipment.

Hess Midstream Partners hikes dividend by 1.2%

Cambridge Bancorp hikes dividend by 10.9%

Nextera Energy Partners hikes distribution by 3.7%

Kinder Morgan hikes dividend by 2.9%

Kinder Morgan, Inc. (KMI) will raise its quarterly dividend by 2.9 percent in 2021. This follows a dividend hike of 5.0 percent to $0.2625 per share announced in 2020 by the energy infrastructure company. This marks the 4th consecutive year of higher payments. The next dividend is payable on May 17, 2021, to stockholders of record as of the close of business on April 30, 2021. A new annual rate of $1.08 per share yields 6.4% at a stock price of $16.78. “Apart from the storm and throughout the quarter, our assets continued to provide strong cash flow as we remain guided by a sound corporate philosophy: fund our capital needs internally, maintain a healthy balance sheet, and return excess cash to our shareholders through dividend increases and/or share repurchases,” said KMI Executive Chairman Richard D. Kinder. Kinder Morgan, Inc. is one of the largest energy infrastructure companies in North America. It owns an interest in or operates approximately 85,000 miles of pipelines and 152 ter...

Star Group hikes dividend by 7.5%

Premier Financial Corp hikes dividend by 8.3%

Prologis hikes dividend by 8.6%

Prologis Inc. (PLD) will raise its quarterly dividend by 8.6 percent to $0.63 per share in 2021. This follows a dividend hike of 9.4 percent to $0.58 per share in 2020. This marks the 8th consecutive year of dividend increases by the logistics REIT and follows a 10.4 percent dividend hike announced in 2019. The next dividend will be payable on March 31, 2021, to common stockholders of record at the close of business on March 19, 2021. A new annual rate of $2.52 per share yields 2.2% at a stock price of $114.87. "Since the AMB/ProLogis merger in 2011, our exceptional 10-year dividend CAGR of 8.4 percent has grown commensurate with our core earnings," said Thomas S. Olinger, chief financial officer, Prologis. "In 2021, we expect to generate $1.1 billion in cash flow after dividends, maintaining a payout ratio in the low-60 percent range while building upon our significant liquidity and leverage capacity to further grow our business." Prologis, Inc. is a logistics real...

Crown Holdings initiates dividend

 Crown Holdings, Inc. (NYSE: CCK) announced today that its Board of Directors declared a cash dividend of 20 cents per share payable March 25, 2021 to shareholders of record as of March 11, 2021.

Sempra Energy hikes dividend by 5.3%

Sempra Energy (SRE) will raise its quarterly dividend by 5.3 percent to $1.10 per share in 2021. This follows a dividend hike of 8.0 percent to $1.045 per share in 2020. This will also mark the 11th consecutive year of annual dividend growth by the utility holding company. The next dividend is payable April 15, 2021, to common stock shareholders of record as of March 25, 2021. A new annual amount of $4.40 per share yields 3.2% at a stock price of $137. San Diego-based Sempra Energy is a holding company whose operating units are San Diego Gas & Electric Company and Southern California Gas Company, Sempra International (which includes Sempra South American Utilities and Sempra Mexico segments), and Sempra U.S. Gas & Power (which includes Sempra Renewables and Sempra Natural Gas segments).

Werner Enterprises hikes dividend by 11.1%

Werner Enterprises, Inc. (WERN) will raise its quarterly dividend by 11.1 percent to $0.10 per share in 2021. This is the first dividend increase announced by WERN since 2018. The logistics company did however pay a $3.75 per share special dividend in 2019.  The next cash dividend of $0.10 per common share is payable to shareholders of record at the close of business on May 4, 2021.  The ex-dividend date is April 16, 2021. A 40 cent per share regular annual dividend yields 0.9% at a stock price of $45.41 to Werner Enterprises stockholders. Werner Enterprises, Inc. was founded in 1956 and is a premier transportation and logistics company, with coverage throughout North America, Asia, Europe, South America, Africa and Australia. The Werner Logistics portfolio includes freight management, truck brokerage, intermodal, and international services. Werner Enterprises has paid a quarterly cash dividend to its stockholders every quarter since July 1987.

Parker-Hannifin hikes dividend by 17%

Bar Harbor Bankshares hikes dividend by 9.1%

Bar Harbor Bankshares (BHB) will raise its quarterly dividend by 9.1 percent to 24 cents per share in 2021. This follows a dividend hike of 10.0 percent to $0.22 per share in the second quarter of 2019. This marks the 18th year of higher dividend payments by the bank holding company. The quarterly cash dividend is payable to all shareholders of record as of the close of business May 18, 2021 and will be paid on June 18, 2021. The new dividend yield for BHB is 3.3%. Bar Harbor Bankshares is a bank holding company. The Company's operating subsidiary is a community bank, which offers a range of deposit, loan and related banking products, as well as brokerage services provided through a third-party brokerage arrangement. In addition, the Company offers trust and investment management services.

South Plains Financial hikes dividend by 40%

Avery Dennison hikes dividend by 9.7%

Avery Dennison (AVY) will raise its quarterly dividend by 9.7 percent to 68 cents per share in 2021. This follows a dividend hike of 6.9 percent to 62 cents per share announced in 2020 and will mark the 11th consecutive year of dividend increases by the materials company. The next dividend is payable on June 16, 2021 to shareholders of record as of June 2, 2021. The new dividend yield for AVY is 1.4% based on the annual dividend amount of $2.72 per share and a stock price of $200. Avery Dennison is a global materials science and manufacturing company specializing in the design and manufacture of labeling and functional materials. The company’s products include pressure-sensitive materials for labels and graphic applications; tapes and other bonding solutions for industrial, medical and retail applications; tags, labels and embellishments for apparel; and radio frequency identification (RFID) solutions serving retail apparel and other markets. Avery Dennison stock was first offered to t...

Mid Penn Bancorp hikes dividend by 5.3%

Lithia Motors hikes dividend by 12.9%

Lithia Motors (LAD) will raise its quarterly dividend 12.9 percent to 35 cents per share in 2021. This follows a dividend hike of 3.3 percent to 31 cents per share in 2020 and marks the 11th consecutive year of dividend increases by the company. The next dividend will be paid on May 21, 2021 to shareholders of record on May 7, 2021. A new annual rate of $1.40 per share yields 0.4% at a stock price of $379. Lithia Motors, Inc. is an operator of automotive franchises and a retailer of new and used vehicles and related services. The company also arranges finance, warranty, and credit insurance contracts. In addition, Lithia provides vehicle parts, maintenance and repair services at all of its locations.

Alpine Income Property Trust hikes dividend by 4.2%

FAT Brands reinstates dividend

Simpson Manufacturing hikes dividend by 8.7%

Simpson Manufacturing (SSD) will raise its quarterly dividend by 8.7 percent to 25 cents per share in 2021. This follows a dividend hike of 4.5 percent to $0.23 per share in 2019. This will also mark the 8th consecutive year of annual dividend increases by the construction products manufacturer. The next dividend will be payable on July 22, 2021 to stockholders of record as of July 1, 2021. A new annualized dividend rate of $1.00 per share yields 0.9% at a stock price of $111.50. Simpson Manufacturing Co., Inc., headquartered in Pleasanton, California, through its subsidiary, Simpson Strong-Tie Company Inc., designs, engineers and is a leading manufacturer of wood construction products, including connectors, truss plates, fastening systems, fasteners and shearwalls, and concrete construction products, including adhesives, specialty chemicals, mechanical anchors, powder actuated tools and reinforcing fiber materials.

FirstCash hikes dividend by 11.1%

FirstCash (FCFS) will raise its quarterly dividend by 11.1 percent to 30 cents per share in 2021. This follows a dividend hike of 8.0 percent to $0.27 per share announced in 2019. The pawn stores operator has now raised the annual dividend 5 straight years. The next dividend will be paid on May 28, 2021 to stockholders of record as of May 14, 2021. The new annualized dividend rate of $1.20 per share yields 1.6% at a stock price of $79. FirstCash, Inc. is an international operator of retail-based pawn stores in the United States, the District of Columbia and in Latin America. FirstCash focuses on serving cash and credit constrained consumers through its retail pawn locations, which buy and sell a wide variety of jewelry, consumer electronics, tools, household appliances, sporting goods, musical instruments and other merchandise, and make small consumer pawn loans secured by pledged personal property. The company operates in Mexico and the countries of Guatemala, El Salvador and Colombia...

Nasdaq hikes dividend by 10.2%

Nasdaq Inc. (NDAQ) will raise its quarterly dividend by 10.2 percent to 54 cents per share in 2021. This follows a dividend hike of  4.3 percent to $0.49 per share announced in 2020 and at the same time marks the 8th consecutive year of dividend increases. The next dividend is payable on June 25, 2021 to shareowners of record at the close of business on June 11, 2021. The new annual dividend of $2.16 per share yields 1.2% at a stock price of $186. Nasdaq, Inc. (Nasdaq) is a holding company. The company serves the capital markets and other industries with offerings including data, analytics, software and services. Its business segments are: Market Services, Corporate Services, Information Services and Market Technology. Nasdaq was founded in 1971 as a wholly-owned subsidiary of FINRA. In February 2008, Nasdaq and OMX AB combined their businesses and the company changed its corporate name to The NASDAQ OMX Group, Inc. In 2015 the business was rebranded as Nasdaq, Inc. The company has...

Advance Auto Parts hikes dividend by 300%

Advance Auto Parts (AAP) will raise its quarterly dividend by 300 percent to $1.00 per share in 2021. This follows a dividend hike of no less than 316.7 percent to $0.25 per share in 2020. This is the second dividend increase by the automotive aftermarket parts provider since a quarterly dividend was initiated in 2006. The next dividend is payable July 2, 2021 to shareholders of record at the close of business on June 18, 2021. A new annual dividend rate of $4.00 per share yields 2.0% at a stock price of $200. “In recognition of our 2020 results, strong financial position and confidence in our ability to deliver additional top- and bottom-line growth this year, the Board has voted to significantly increase the quarterly dividend," said Tom Greco, president and chief executive officer. “Across Advance, we remain focused on our financial priorities of maintaining an investment grade rating, investing in the business and returning cash to shareholders. This increase in the quarterly ...

Ennis hikes dividend by 11.1%

Ennis (EBF) will raise its quarterly dividend by 11.1 percent to 25 cents per share in 2021. This is the first dividend hike since 2018, when the dividend was hiked by 12.5 percent to $0.225 per share. The business forms company has a long history of steady or higher dividend payments to shareholders. The next dividend is payable August 9, 2021 to shareholders of record on July 9, 2021. Based on the current stock price of $20.42 the new dividend yield for EBF is 4.9%. Keith Walters, Chairman, Chief Executive Officer and President commented, noting “This is not a special dividend, but should be reflective of future quarterly dividend amounts subject, as always, to the Board’s normal review process. The Board took this action after taking into account the Company’s strong financial position and confidence in our future and anticipated cash flows and hopes that this dividend increase, along with our continuing focus on accretive acquisitions, will reward our shareholders with greater retu...

Western Midstream Partners hikes distribution by 1.3%

Western Midstream Partners LP (WES) will raise its distribution by 1.3 percent to 31.5 cents quarterly in 2021. The MLP last lowered its quarterly distribution by 50.0 percent to 31.1 cents per unit in 2020.  The next distribution is payable on May 14, 2021, to unitholders of record at the close of business on April 30, 2021. The new annual distribution of $1.26 per unit yields 6.6% at a stock price of $19.42. Western Midstream Partners, LP, formerly Western Gas Equity Partners, LP (WGP), is a growth-oriented Delaware master limited partnership formed by Anadarko Petroleum Corporation to acquire, own, develop and operate midstream assets. With midstream assets located in the Rocky Mountains, North-central Pennsylvania, Texas and New Mexico, WES is engaged in the business of gathering, compressing, treating, processing and transporting natural gas; gathering, stabilizing and transporting condensate, natural gas liquids ("NGLs") and crude oil; and gathering and disposing of pro...

Whirlpool hikes dividend by 12%

Otis hikes dividend by 20%

Otis Worldwide Corporation (OTIS) will raise its quarterly dividend by 20 percent to 24 cents per share in 2021. Last year the elevator and escalator manufacturer started paying a quarterly dividend of $0.20 per share. Otis was separated from United Technologies (UTX) earlier in 2020 following the acquistion of Raytheon by the former UTX now known as Raytheon Technologies (RTX). The next dividend will be payable on June 10, 2021, to shareholders of record at the close of business on May 21, 2021. A new annualized dividend rate of 96 cents per share yields 1.4% at a stock price of $70.47. Otis will now pay an estimated $416 million in dividends to shareholders annually. Otis Worldwide Corp (ISIN US68902V1070) is an elevator and escalator manufacturing, installation and service company. Otis operates through two segments: New Equipment and Service. Through its New Equipment segment, it designs, manufactures, sells and installs a range of passenger and freight elevators, as well as escala...

Healthcare Services Group hikes dividend by 0.6%

Johnson & Johnson hikes dividend by 5%

Johnson & Johnson (JNJ) will increase its quarterly dividend by 5.0 percent to $1.06 per share in 2021. This follows a dividend hike of 6.3 percent to $1.01 per share in 2020. This also marks the 59th consecutive year of annual dividend increases by the Dividend Aristocrat. The increased dividend is payable on June 8, 2021 to shareholders of record as of the close of business on May 25, 2021. The ex-dividend date is May 24, 2021. A new annualized dividend rate of $4.24 per share yields 2.5% at a stock price of $166.48. With a new estimated annual dividend payment to shareholders of $11.2 billion, JNJ is one of the biggest dividend payers in the United States and worldwide. "Despite a year of unprecedented disruption, Johnson & Johnson remained committed to its established financial principles that strengthen our ability to drive long-term value for stakeholders. In recognition of our notable 2020 results, strong financial position and confidence in the future of Johnson ...

Travelers hikes dividend by 3.5%

Travelers Companies (TRV) will raise its quarterly dividend by 3.5 percent to 88 cents per share in 2021. This comes after a dividend hike of 3.7 percent to $0.85 per share in 2020. Last year the insurance company hiked its dividend for the 16th consecutive year. The next dividend is payable on June 30, 2021, to shareholders of record at the close of business on June 10, 2021. A new annual rate of $3.52 per share yields 2.3% at a stock price of $155.73. The ex-dividend date for the next Travelers dividend is June 9, 2021. “These results, along with our strong balance sheet, enabled us to return $613 million of excess capital to our shareholders this quarter, including $397 million of share repurchases. In recognition of our strong financial position and confidence in our business, I am pleased to share that our Board of Directors declared a 4% increase in our quarterly cash dividend to $0.88 per share, marking 17 consecutive years of dividend increases with a compound annual growth rat...

Peoples Bancorp hikes dividend by 2.9%

First Republic Bank hikes dividend by 10%

First Republic Bank (FRC) will raise its quarterly dividend by 10 percent to 22 cents per share in 2021. This comes after a dividend hike of 5.3 percent to $0.20 per share in 2020. This marks the 9th consecutive year of annual dividend increases by the commercial bank and trust company. The next dividend is payable on May 13, 2021 to shareholders of record as of April 29, 2021. A new annual dividend of 88 cents per share yields 0.5% at a stock price of $175.64. The ex-dividend date for the next dividend of 22 cents is April 28, 2021. First Republic and its subsidiaries offer private banking, private business banking and private wealth management, including investment, trust and brokerage services. First Republic specializes in delivering exceptional, relationship-based service and offers a complete line of products, including residential, commercial and personal loans, deposit services, and wealth management. Services are offered through preferred banking or wealth management offices p...

Gladstone Land hikes dividend by 0.1%

Gladstone Land Corporation (LAND) will raise its monthly dividend by another 0.1 percent to $0.045 per share in Q2 of 2021. This follows a similar 0.1 percent hike in Q1. Last year LAND announced a 0.2 percent hike to $0.0449 per share in Q4 of 2020. The farmland REIT announced four dividend hikes in 2020 for a total increase of 0.7 percent. The new annual dividend of approximately 54 cents yields 2.6% at a stock price of $21.03 for LAND. The company initiated a monthly dividend in 2013. Last year the monthly dividend was increased for the 6th consecutive year. The company now pays an estimated $13 million in dividends to its shareholders annually. Gladstone Land Corporation is a real estate investment trust that specializes in purchasing farms and farm-related properties and leasing them to farmers. Gladstone Land owns farmland in Arizona,  California, Colorado, Florida, Michigan, Nebraska, North Carolina, Oregon and Washington. The company acquires farmland that it rents to corpo...

Antero Midstream cuts distribution by 26.8%

CSW Industrials hikes dividend by 11.1%

CSW Industrials, Inc. (CSWI) will increase its quarterly dividend by 11.1 percent to 15 cents per share in 2021. This is the first dividend hike by the diversified industrial growth company since a dividend was initiated back in 2019. The dividend is payable on May 14, 2021, to shareholders of record as of the close of business on April 30, 2021. A new annual dividend rate of 60 cents per share yields 0.4% at a stock price of $138.80. The ex-dividend date for CSWI is April 29, 2021. CSW Industrials, Inc. is a diversified industrial growth company. The company’s portfolio of products provides performance optimizing solutions to its customers. CSWI's products include mechanical products for heating, ventilation, air conditioning and refrigeration ("HVAC/R") applications, sealants, and high-performance specialty lubricants. Markets that CSWI serves include: HVAC/R, architecturally-specified building products, general industrial, plumbing, rail, energy, and mining. CSW Indust...

Aon hikes dividend by 10.9%

Professional services firm Aon plc (AON) will raise its quartery dividend by 10.9 percent to 51 cents per share in 2021. This follows a dividend hike of 4.5 percent to 46 cents per share in 2020 and marks the 10th of consecutive annual dividend increases by the company. The next dividend is payable May 14, 2021 to shareholders of record on May 3, 2021. The ex-date for the next Aon dividend is April 30, 2021. A new annualized rate of $2.04 per share yields 0.9% at a stock price of $236. Dividendhike.com research shows that Aon has been paying a dividend for many decades with no full dividend history available on the company's website or mentions in press release regarding the dividend history. Aon started hiking the dividend in 2012 with double digit dividend growth announced in 7 of the last 10 years if we include this new dividend hike just announced. Aon plc is a provider of risk management services, insurance and reinsurance brokerage, and human resource consulting and outsourci...

Donegal hikes dividend by 6.7%

Donegal Group (DGICA) will raise its quarterly dividend by 6.7 percent to 16 cents per share in 2021. This comes after a dividend hike of 3.4 percent to $0.15 per share of the company's Class A common stock announced last year. The insurance company has now raised the dividend 19 consecutive years of this new hike just announced is included. The next dividend is payable on May 17, 2021 to stockholders of record as of the close of business on May 3, 2021. A new annual dividend amount of 64 cents per share yields 3.9% at a stock price of $16.40.  Donegal Group Inc. is an insurance holding company whose insurance subsidiaries offer personal and commercial property and casualty lines of insurance in 21 Mid-Atlantic, Midwestern, New England and Southern states. The company has paid a dividend every year since 2001. Donegal has three segments: investment function, personal lines of insurance and commercial lines of insurance. Its insurance operations include two segments: personal l...

Teekay LNG Partners hikes dividend by 15%

Manhattan Bridge Capital hikes dividend by 13.6%

Knight-Swift Transportation hikes dividend by 25%

Knight-Swift Transportation Holdings Inc. (KNX) will hike its quarterly dividend by 25 percent to 10 cents per share in 2021. This follows a dividend hike of  33.3 percent to 8 cents per share in 2020. This is the second dividend hike by the company since 2010. The next dividend is payable to stockholders of record on June 28, 2021. The record date is June 4, 2021 and the ex-date for this dividend by Knight-Swift is June 3, 2021. The new annual dividend of 40 cents yields 0.8% at a stock price of $50. Knight-Swift Transportation Holdings Inc. is a provider of multiple truckload transportation and logistics services using a nationwide network of business units and terminals in the United States and Mexico to serve customers throughout North America. In addition to operating North America's largest tractor fleet, Knight-Swift also contracts with third-party equipment providers to provide a broad range of truckload services to its customers.

Southern Company hikes dividend by 3.1%

Southern Company (SO) will raise its quarterly dividend by 3.1 percent to 66 cents per share quarterly in 2021. This comes after a dividend hike of 3.2 percent to $0.64 per share in 2020 and marks 20 consecutive years of dividend increases by the energy holding company. The next dividend is payable June 7, 2021, to shareholders of record as of May 17, 2021. Today's action by the board ensures Southern Company will have paid a dividend to its shareholders that is equal to or greater than the previous quarter every quarter dating back to 1948. A new annualized rate of $2.64 per share yields 4.1% at a stock price of $65. "Twenty consecutive years of dividend increases is an accomplishment everyone at Southern Company can be proud of," said Southern Company Chairman, President and CEO Thomas A. Fanning. "Today's action by the board reinforces our more than 70 year history of overall shareholder value proposition that has included dividends and dividend growth and onc...

Prog Holdings suspends dividend

Ames National hikes dividend by 4%

Ames National Corp (ATLO) will raise its quarterly dividend by 4 percent to 26 cents per share in 2021. This comes after a dividend hike of 4.2 percent to $0.25 per share announced in the first quarter of 2020.  With this announcement Ames National has increased its annual dividend for 12 consecutive years. Ames National Corporation is a bank holding company for five community banks with operations in the State of Iowa. The Company’s affiliate banks include: First National Bank, Ames, Iowa; Boone Bank & Trust Co., Boone, Iowa; State Bank & Trust Co., Nevada, Iowa; Reliance State Bank, Story City, Iowa; and United Bank & Trust NA, Marshalltown, Iowa.

Value Line hikes dividend by 4.8%

Value Line (VALU) will raise its quarterly dividend by 4.8 percent to 22 cents per share in 2021. This comes after a dividend hike of 5.0 percent to $0.21 per share announced in 2020. This marks 7 consecutive years of dividend increases. Value Line, Inc. is a New York based provider of investment research. Value Line, Inc. The company publishes investment periodicals based on underlying research and making available copyright data, including ranking system and other information, to third parties for use in third-party managed and marketed investment products and for other purposes. Value Line, Inc., a New York Corporation, was organized in 1982 and is the successor to substantially all of the operations of Arnold Bernhard & Company, Inc.

Artesian Resources hikes dividend by 1.5%

Artesian Resources Corporation (ARTNA) will raise its quarterly dividend by 1.5 percent to 26.10 cents per share in 2021. This comes after a dividend hike of 3.0 percent to $0.2571 per share in 2020. Water company Artesian Resources has now raised its dividend 25 consecutive years, reaching Dividend Aristocrat status. The next dividend is payable May 21, 2021 to shareholders of record at the close of business on May 7, 2021. A new annual rate of $1.04 cents per share yields 2.5% at a stock price of $41.44. Artesian Resources Corporation operates as the holding company for wholly-owned subsidiaries offering water, wastewater services and related services on the Delmarva Peninsula. Artesian Water Company, the principal subsidiary, is the oldest and largest regulated water utility on the Delmarva Peninsula and has been providing water service since 1905.  Artesian supplies 7.9 billion gallons of water per year through 1,311 miles of water main to nearly a third of Delaware residents. ...

Winmark Corporation hikes dividend by 80%

Winmark Corporation (WINA) will raise the quarterly dividend by 80 percent to 45 cents per share in 2021. Last year the company paid a special dividend of $3.00 per share in December 2020. Earlier in 2020 Winmark raised its quarterly dividend by 400.0 percent to 25 cents per share, following a cut of 80 percent earlier this year because of COVID-19 by the retail store franchisor. Last year the company announced the 9th consecutive year of dividend increases, prior to the cut related to the corona virus. The special dividend will be paid June 1, 2021 to shareholders of record on the close of business on May 12, 2021. A regular annual rate of $1.80 per share yields 0.9% at a stock price of $196.  Winmark Corporation is a franchisor of five retail store concepts that buy, sell and trade gently used merchandise and a limited amount of new merchandise to customers. The company's franchised retail brands are Plato's Closet, Once Upon A Child, Play It Again Sports, Style Encore and Mu...

Jack Henry hikes dividend by 7%

Jack Henry & Associates (JKHY) will increase its quarterly dividend by 7 percent to 46 cents per share in 2021. This follows a dividend hike of 7.5 percent to $0.43 per share announced in the first quarter of 2020. The payment processing and technology solutions company now has 30 consecutive years of annual dividend increases. The next dividend is payable on March 25, 2021, to stockholders of record as of March 8, 2021. A new annualized dividend rate of $1.84 per share yields 1.2% at a stock price of $158.80. Jack Henry & Associates, Inc. is a provider of technology solutions and payment processing services primarily for the financial services industry. The company's three primary brands are Jack Henry Banking (information processing solutions for banks), Symitar (solutions for credit unions) and ProfitStars (risk and cost control products and services for financial institutions and corporate entities). Jack Henry & Associates has been a publicly traded company since 1...

Clearway Energy hikes dividend by 1.9%

First Financial Northwest hikes dividend by 10%

Evans Bancorp hikes dividend by 3.4%

Public Service Enterprise hikes dividend by 4.1%

Public Service Enterprise Group (PEG) will raise its quarterly dividend by 4.1 percent to 51 cents per share in 2021. This comes after a dividend hike of 4.3 percent to $0.49 per share in the first quarter of 2020 and marks 10 consecutive years of dividend increases by the utility company. The next dividend is payable on March 31, 2021 to shareholders of record on March 9, 2021. A new indicative annual dividend rate to $2.04 per share yields 3.2% at a stock price of $63. Ralph Izzo, Chairman, President and Chief Executive Officer, said, "We are pleased to be able to increase the cash return to our shareholders.  This latest increase represents the 17th increase in the common dividend in the past 18 years and marks our 114th consecutive year of paying a common dividend to shareholders.  PSEG's long history of paying a common dividend is aided by our strong balance sheet and business mix, which are expected to support consistent and sustainable growth in the common dividend....

Devon Energy pays special dividend

Devon Energy (DVN) will pay a special dividend of 19 cents per share in 2021. Last year the oil company raised its quarterly dividend by 22.5 percent to $0.11 per share and also  26 cent special dividend was paid to shareholders. The special dividend is payable on March 31, 2021, to shareholders of record as of the close of business on March 15, 2021. A regular annual dividend rate of 44 cents yields 2% at a stock price of $21.88. The special dividend is in addition to the regular quarterly cash dividend of $0.11 per share. Devon Energy is an energy company engaged primarily in the exploration, development and production of oil, natural gas and NGLs. The company's operations are concentrated in various North American onshore areas in the U.S. and Canada. In July 2018, Devon exited the midstream business by divesting its aggregate ownership interests in EnLink and the General Partner.  Devon Energy was formed in 1971 and has been publicly held since 1988.

Federal Agricultural Mortgage hikes dividend by 10%

WesBanco hikes dividend by 3.1%

Acushnet Holdings hikes dividend by 6.5%

Comfort Systems USA hikes dividend by 9.5%

Comfort Systems USA (FIX) will raise its quarterly dividend by 9.5 percent to 11.5 cents per share in 2021. This follows a dividend hike of 5.0 percent to $0.105 per share in 2020. The provider of commercial, industrial and institutional heating, ventilation, air conditioning and electrical contracting services has now raised its dividend 9 consecutive years. The next dividend is payable on March 23, 2021 to stockholders of record at the close of business on March 12, 2021. A new annual dividend rate of 46 cents per share yields 0.6% at a stock price of $80.93. Comfort Systems USA, Inc. provides mechanical contracting services, which principally includes heating, ventilation and air conditioning (HVAC), plumbing, piping and controls, as well as off-site construction, electrical, monitoring and fire protection. The company's services include installing, maintaining, repairing and replacing products and systems throughout its operating units with locations in cities throughout the Un...

Crawford & Co hikes dividend by 20%

Vulcan Materials hikes dividend by 8.8%

Vulcan Materials Company (VMC) will raise its quarterly dividend by 8.8 percent to 37 cents per share in 2021. This comes after a dividend hike of  9.7 percent to $0.34 per share in 2020. 2021 will mark the 8th year of increased dividends by VMC. The next dividend will be payable on March 15, 2021, to shareholders of record at the close of business on March 1, 2021. A new annual dividend rate of $1.48 per share yields 0.8% at a stock price of $175. Vulcan Materials Company is a supplier of construction aggregates (primarily crushed stone, sand and gravel) and a producer of asphalt mix and ready-mixed concrete. The company's aggregates are used in most types of construction with materials used to build roads, tunnels, bridges, railroads and airports. The company produces and sells asphalt mix in Arizona, California, New Mexico and Texas. Vulcan produces and sells ready-mixed concrete in Georgia, Maryland, New Mexico, Texas, Virginia, Washington District of Columbia and the Baha...

Moody's hikes dividend by 10.7%

Moody's Corporation (MCO) will raise its quarterly dividend by 10.7 percent to 62 cents per share in 2021. This follows a 12.0 percent hike to $0.56 per share in the first quarter of 2020. Moody's has now hiked its dividend for 11 consecutive years. The next dividend will be payable on March 18, 2021 to stockholders of record at the close of business on February 25, 2021. The new annualized dividend rate of $2.48 per share yields 0.8% at a stock price of $322. Moody's Corp provides credit ratings, research, tools and analysis that contribute to transparent and integrated financial markets. Moody’s Corporation is the parent company of Moody's Investors Service, which provides credit ratings and research covering debt instruments and securities, and Moody's Analytics, which offers leading-edge software, advisory services and research for credit and economic analysis and financial risk management. The company went public in 1998 and has paid a dividend every year since...

Financial Institutions hikes dividend by 3.8%

EOG Resources hikes dividend by 10%

EOG Resources Inc. (EOG) will increase its quarterly dividend by 10 percent 41.25 cents per share in 2021. This follows a dividend hike of 30.4 percent to $0.375 per share in 2020. The oil company has now hiked its dividend 4 consecutive years. The next dividend will be payable April 30, 2021, to stockholders of record as of April 16, 2021. The indicated annual rate is $1.65 per share yields 2.3% at a stock price of $70.51. "The increase in the regular dividend reflects the significant progress EOG has made in the past 12 months. We have lowered operating costs and well costs, in turn reducing the breakeven oil price needed to maintain our production. It also demonstrates the confidence we have in the resiliency of our business. We will evaluate all options to maximize total shareholder return as cash becomes available." (CEO Bill Thomas commenting on the dividend hike). EOG Resources, Inc., organized in 1985, together with its subsidiaries explores for, develops, produces an...

Texas Pacific Land hikes dividend by 10%

Texas Pacific Land Corporation (TPL) will raise its dividend by 10 percent in 2021. The company also announced a name change from Trust to Corporation and will start paying quarterly instead of annual dividends. The first quarterly dividend is $2.75 per share, up from an adjusted $2.50 per share last year. In 2020 the company announced an increase in the annual dividend by 471.4 percent to $10.0 per share. Also a $6.00 per share special dividend was paid. 2021 will mark the 18th consecutive year of dividend increases. NAME CHANGE AND QUARTERLY DIVIDENDS As previously announced, on January 11, 2021, TPL completed its reorganization from a business trust, Texas Pacific Land Trust, into Texas Pacific Land Corporation. The board of directors has determined to pay dividends quarterly going forward in March, June, September and December of each year, subject to the discretion of the Board. On February 17, 2021, the Board declared a quarterly cash dividend of $2.75 per share payable on Ma...

Digital Realty Trust hikes dividend by 3.6%

Digital Realty Trust, Inc. (DLR) will raise its quarterly dividend by 3.6 percent to $1.16 per share in 2021. This comes after a dividend increase of 3.7 percent to $1.12 per share in 2020. This year will mark the 17th consecutive year of increased dividends paid by the data center REIT. The next dividend will be paid on March 31, 2021 to shareholders of record on March 15, 2021. A new annualized rate of $4.64 per share yields 3.2% at a stock price of $146. "Our board of directors has approved a 4% increase in our quarterly common stock cash dividend to $1.16 per share, reflecting confidence in the underlying strength of our business as well as the strength of the recurring cash flows that support a steadily growing and well covered dividend, while retaining capital to fund future growth opportunities," commented Andrew P. Power, Chief Financial Officer.  "This marks the 16th consecutive year we have grown our dividend, and we are pleased to be among a select group of RE...

ESSA Bancorp hikes dividend by 9.1%

Extended Stay America hikes dividend by 800%

Camping World Holdings hikes dividend by 155.6%

Old Republic International hikes dividend by 4.8%

Old Republic International Corporation (ORI) will hike its dividend by 4.8 percent to 22 cents per share in 2021. Last year the company paid a special cash dividend of $1.00 per share and raised its quarterly dividend by 5.0 percent to $0.21 per share. The insurance holding company has now raised its dividend 40 consecutive years. The next dividend will be paid on March 15, 2021 to shareholders of record on March 9, 2021. A regular annual dividend rate of 88 cents per share yields 3.7% at a stock price of $23.52. Chicago-based Old Republic International Corporation is an insurance holding company. Old Republic is primarily a commercial lines underwriter serving the insurance needs of a large number of organizations, including many of America’s leading industrial and financial services institutions. Its subsidiaries actively market, underwrite, and provide risk management services for a wide variety of coverages, mostly in the general and title insurance fields. Old Republic has paid a ...

Northrim BanCorp hikes dividend by 5.7%

Steel Dynamics hikes dividend by 4%

Kentucky Bancshares hikes dividend by 5.6%

Stewart Information Services hikes dividend by 10%

TTEC Holdings hikes dividend by 7.5%

TTEC Holdings, Inc. (TTEC) will hike its semi-annual dividend by 7.5 percent to 43 cents per share. Last december TTEC also announced a special cash dividend of $2.14 per share and in increase in its semi-annual dividend another 17.6 percent to 40 cents per share. This came after a 2 cent dividend hike earlier in 2020. The next dividend is payable on April 21, 2021 to shareholders of record as of April 5, 2021. A new annual dividned rate of 86 cents per share yields 0.8% at a stock price of $108.69. TTEC Holdings, Inc., formerly TeleTech Holdings, Inc., is a customer engagement management service provider that delivers integrated consulting, technology, growth and customer care solutions. The company delivers outcome-based customer engagement solutions through TTEC Digital, its digital consultancy that designs and builds human centric, tech-enabled, insight-driven customer experience solutions for clients and TTEC Engage, that operates customer acquisition, care, growth and digital tru...

Inter Parfums reinstates dividend

Trico Bancshares hikes dividend by 13.6%

Big 5 Sporting Goods hikes dividend by 50%

Ross Stores reinstates dividend

Former Dividend Aristocrat Ross Stores (ROST) will reinstate its quarterly dividend with a payment of $0.285 per share in Q1 of 2021. Last year the retailer suspended its dividend because of the COVID-19 pandemic. The Dividend Aristocrat had raised its quarterly dividend by 11.8 percent to $0.285 per share  earlier in 2020 before the suspension, marking the 26th consecutive year of dividend increases by the off-price retailer. This record came to an end with Ross suspending the dividend. Shareholders will receive the next quarterly payment of $0.285 per share on March 31, 2021 with a record date of March 16, 2021. At a stock price of $129 the estimated dividend yield for Ross Stores is 0.9%. Ross Stores, Inc. is an off-price apparel and home fashion chain. The company operates two brands of off-price retail apparel and home fashion stores: Ross Dress for Less and dd’s DISCOUNTS. Ross offers name brand and designer apparel, accessories, footwear, and home fashions for the entire fam...

Kohl´s reinstates dividend

Retail Properties of America hikes dividend by 16.7%

CareTrust REIT hikes dividend by 6%

World Fuel Services hikes dividend by 20%

Investar Holding hikes dividend by 7.7%

Cousins Properties hikes dividend by 3.3%

CBTX hikes dividend by 30%

Horizon Bancorp hikes dividend by 8.3%

Donegal Group hikes dividend by 7.5%

Costco Wholesale hikes dividend by 12.9%

Costco Wholesale Corporation (COST) will hike its quarterly dividend by 12.9 percent to 79 cents per share in 2021. Last year the membership warehouse giant also paid a special cash dividend of $10.00 per share and raised its quarterly dividend by 7.7 percent to $0.70 per share. This 2021 dividend increase marks 17 straight years of dividend increases by Costco. The next dividend is payable May 14, 2021, to shareholders of record at the close of business on April 30, 2021. The new annual dividend rate of $3.16 for Costco yields 0.9% at a stock price of $363. If this new dividend hike is included Costco's estimated regular annual dividend payment to shareholders jumps from $1.24 billion to $1.4 billion. The average dividend growth rate based on the last five years is 11.9 percent (annually) for Costco Wholesale. Costco Wholesale Corporation operates membership warehouses, offering its members low prices on a limited selection of nationally branded and private-label products. The com...

Qualcomm hikes dividend by 4.6%

As previously announced Qualcomm (QCOM) will raise its quarterly dividend by 4.6 percent to 68 cents per share in 2021. This comes after a dividend hike of 4.8 percent to $0.65 per share in 2020. This marks the 18th consecutive year of dividend increases by the technology company. The next dividend is payable on June 24, 2021, to stockholders of record at the close of business on June 3, 2021. A new annual dividend rate of $2.72 per share yields 2.0% at a stock price of $135. In the company's press release from last month, (pre)announcing this increase Steve Mollenkopf, CEO of Qualcomm Incorporated, said, "We are pleased to announce an increase in our quarterly dividend, reflecting our strong financial performance and 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 devic...

Constellation Brands hikes dividend by 1.3%

Constellation Brands (STZ) will raise its quarterly dividend by 1.3 percent to 76 cents per share in 2021. This is the first dividend hike announced by the company since 2019. At the time STZ hiked its dividend by 1.4 percent to $0.75 per share in the second quarter of 2019. This new hike for 2021 marks the 6th consecutive calendar year of dividend increases by the beverage company. The next dividend will be paid on May 18, 2021 to shareholders of record on May 4, 2021. The annual dividend rate of $3.04 per share yields approximately 1.3% at a stock price of $226.57. Based on calculations by dividendhike.com Constellation Brands now pays an estimated $586 million in dividends to shareholders annually. Constellation Brands, Inc. is an international beverage alcohol company. The Company is a producer and marketer of beer, wine and spirits with operations in the United States, Canada, Mexico, New Zealand and Italy. Constellation's imported brands include Corona Extra, Corona Light, Mo...

The Marketing Alliance hikes dividend by 16.7%

National Research reinstates dividend

 National Research Corporation (NASDAQ:NRC) announced that its Board of Directors has declared a quarterly cash dividend of $0.12 (twelve cents) per share payable Tuesday, April 27, 2021, to shareholders of record as of the close of business on Monday, April 19, 2021.

BancorpSouth pays special dividend

Procter & Gamble hikes dividend by 10%

Procter & Gamble (PG) will raise its quarterly dividend by 10.0 percent to 86.98 cents per share in 2021. This follows a 6.0 percent increase to $0.7907 per share announced in 2020, and marks the 65th consecutive year of dividend increases. This is the first double digit dividend hike announced by the Dividend Aristocrat since 2009.  The next dividend will be paid on or after May 17, 2021, to shareholders of record at the close of business on April 23, 2021. A new annual rate of approximately $3.48 per share yields 2.6% at a stock price of $135.11. Procter & Gamble has raised its dividend by an average of 5.4 percent, up from 3.6 percent, in the last five years. The company now pays approximately $8.59 billion in dividends annually and is one of the biggest dividend payers worldwide. The Procter & Gamble Company provides branded consumer packaged goods to consumers worldwide. The company has five reportable segments: Beauty; Grooming; Health Care; Fabric & Home Care...

WD-40 hikes dividend by 7.5%

WD-40 (WDFC) will raise its quarterly dividend by 7.5 percent to 72 cents per share in 2021. Last year the maintenance products maker did not announced a dividend hike with the previous increase dating back to 2020 when a 9.8 percent hike to $0.67 per share was announced. This 2021 increase represents the 12th consecutive year the company has raised its annual dividend based on calendar years. The next quarterly dividend is payable April 30, 2021 to stockholders of record at the close of business on April 16, 2021. A new annualized dividend rate of $2.88 per share yields 1.0% at a stock price of $280. WD-40 currently pays shareholders an estimated total dividend amount of $39 million annually. WD-40 Company develops and sells maintenance products, and homecare and cleaning products which solve problems in workshops, factories and homes. The company sells its products worldwide primarily through warehouse club stores, automotive parts outlets, hardware stores, industrial distributors an...

MTS Systems acquisition completed

The acquisition of MTS Systems Corporation (MTSC) by Amphenol Corp (APH) has been completed, ending the stock market listing of MTSC. MTS Systems Corporation suspended its quarterly dividend in 2020 because of the COVID-19 pandemic. The company last raised its quarterly dividend by 20.0 percent to $0.30 per share in 2012 and had been paying a dividend every year since 2003. On December 9, 2020, Amphenol Corp acquired the entire share capital of MTS Systems for $85.50 per share for an estimated total value of $1.7 billion. Amphenol itself last announced a 16 percent dividend in October 2020. MTS Systems Corporation is a global supplier of high-performance test, simulation and measurement systems and sensors that was incorporated under Minnesota law in 1966. The company's operations are organized and managed in two reportable segments, Test & Simulation and Sensors. The Test & Simulation segment provides testing and simulation solutions including hardware, software and servic...

Sherwin-Williams hikes dividend by 23.1%

Sherwin-Williams (SHW) will raise its quarterly dividend by 23.1 percent to $1.65 per share in 2021. This follows a dividend hike of 18.6 percent to $1.34 per share in 2021 and marks 43 years of consecutive dividend increases by the Dividend Aristocrat. The next dividend is payable on March 12, 2021, to shareholders of record on March 1, 2021. A new annual dividend rate of $6.60 per share yields 0.9% at a stock price of $759. The company will pay shareholders an estimated total annual dividend of approximately $599 million. The Sherwin-Williams Company is engaged in the manufacture, distribution and sale of coatings and related products. The company manufactures products under brands such as SherwinWilliams, Valspar, Dutch Boy, HGTV HOME by Sherwin-Williams, Krylon, Minwax, Cabot, Thompson’s and Water Seal. SHW sells its products through its company-operated stores and facilities and mass merchandisers, home centers, independent paint dealers, hardware stores, automotive retailers and ...

Levi Strauss hikes dividend by 50%

Levi Strauss & Co. (LEVI) will raise its quarterly dividend by 50 percent to 6 cents per share in Q2 of 2021. Earlier this year the jeans company reinstated a quarterly dividend with a 4 cent per share payment. Last year the jeans maker suspended its quarterly dividend because of the COVID-19 pandemic. The company had initiated a quarterly dividend in 2019, the same year Levi Strauss went public. In today's press release, reporting Q1 2021 financial results, Levi Strauss announces the increased dividend: In April 2021, the company increased the dividend to $0.06 per share for the second quarter totaling approximately $24 million. The dividend will be payable in cash on or after May 25, 2021, to the holders of record of Class A common stock and Class B common stock at the close of business on May 7, 2021. The company will reassess dividend payments for future quarters as circumstances evolve. Levi Strauss & Co. is a manufacturer of apparel. The company designs and markets je...

H.B. Fuller hikes dividend by 3.1%

H.B. Fuller Co (FUL) will raise its quarterly dividend by 3.1 percent to $0.1675 per share in 2021. This comes after a dividend hike of 1.6 percent to $0.1625 per share announced in the second quarter of 2020. The specialty chemicals company has now raised its dividend 52 consecutive years. The first increased dividend of $0.1675 per share of common stock is payable on May 6, 2021 to shareholders of record at the close of business on April 22, 2021. The new annual dividend of 67 cents per share yields almost 1.1% at a stock price of $63.48 for H.B. Fuller. In its press release dated April 8, 2021 H.B. Fuller reminds us of the fact that this marks the 52nd consecutive year in which the company has increased its dividend. According to calculations made by dividendhike.com H.B. Fuller will now pay shareholders an estimated total dividend of $35 million annually. H.B. Fuller Company is a formulator, manufacturer and marketer of adhesives, sealants and other specialty chemical products. Ind...

Williams-Sonoma hikes dividend by 11.3%

Specialty home products retailer Williams-Sonoma (WSM) will raise its quarterly cash dividend by 11.3 percent to 59 cents quarterly in 2021. This follows a dividend hike of 10.4 percent to 53 cents per share announced in 2020. The company previously hiked its dividend by 11.6 percent to $0.48 per share in 2019. The year 2021 will mark 15 consecutive years of dividend increases by WSM. The next quarterly dividend is payable on May 28, 2021 to stockholders of record as of the close of business on April 23, 2021. A new annual rate of $2.36 per share yields 1.3% at a stock price of $178.61. “Our decisions to increase our quarterly dividend, to approve a new $1 billion share buyback authorization and to eliminate all outstanding funded debt reflect our confidence in the long-term outlook of our company, and our commitment to maximizing returns for our shareholders,” said Laura Alber, President and Chief Executive Officer. Williams-Sonoma has announced a double digit dividend hike in each of...

Level One Bancorp hikes dividend by 20%

UDR Inc hikes dividend by 0.7%

UDR Inc (UDR) will raise its quarterly dividend by 0.7 percent to $0.3625 per share in 2021. This follows a dividend increase of 5.1 percent to $0.36 per share in 2020. This also marks the 12th consecutive year of dividend increases by the REIT. The next dividend will be payable on April 30, 2021, to stockholders of record on April 09, 2021. A new annualized dividend rate of $1.45 per share yields 3.3. at a stock price of $44.62. The April 30, 2021 dividend will be the 194th consecutive quarterly dividend paid by UDR on its common stock. UDR will now pay shareholders an estimated $427 million in dividends annually. UDR, Inc. (United Dominion Realty Trust) is a real estate investment trust that owns, operates, acquires, renovates, develops, redevelops, disposes of and manages multifamily apartment communities generally located in various markets across the United States, including Orange County, San Francisco and Los Angeles in California; Seattle, Washington; Richmond, Virginia; Ba...

Preferred Bank hikes dividend by 26.7%

Medifast hikes dividend by 25.7%

Medifast, Inc. (MED) will raise its quarterly dividend by 25.7 percent to $1.42 per share in 2021. This comes after a dividend hike of 50.7 percent to $1.13 per share in 2019. The US manufacturer and distributor of healthy living products and programs did not announce a dividend hike in 2020 but based on (dividends paid in) calendar years the dividend is now raised six consecutive years. The next dividend is payable on May 6, 2021 to stockholders of record as of the close of business on March 30, 2021. A new annual dividend rate of $5.68 per share yields 2.5% at a stock price of $217.95. In the press release announcing this new dividend hike Medifast mentions that it expects to maintain a program of paying dividends on a quarterly basis. The company will now pay shareholders an estimated $67 million in dividends annually. Medifast is a manufacturer and distributor of healthy living products and programs. The company produces, distributes and sells weight loss, weight management, and he...

Shoe Carnival hikes dividend by 55.6%

Shoe Carnival (SCVL) will raise its quarterly dividend by no less than 55.6 percent to 14 cents quarterly in 2021. The company is on of very few retailers not cutting or suspending the dividend in 2020 because of COVID-19. Actually SCVL hiked the dividend by 5.9 percent to $0.09 per share in 2020. In 2019 the dividend was also raised by $0.005 to $0.085 per share by the retailer of moderately priced footwear and accessories. The next dividend will be paid on April 19, 2021 to shareholders of record as of the close of business on April 5, 2021. A new annual rate of 56 cents per share yields 0.9% at a stock price of $60. In the press release dated March 18, 2021 Shoe Carnival announces the dividend hike adding that the increase reflects the Board of Directors’ confidence in Shoe Carnival’s near-term and longer-term strategy and further underscores its commitment to returning value to shareholders. Shoe Carnival, Inc. is a family footwear retailer, offering a broad assortment of moder...

Independent Bank Corp hikes dividend by 4.3%

GEO Group suspends dividend

The GEO Group (GEO) will suspend its quarterly dividend in Q2 of 2021. Earlier this year the dividend was already cut by another 96 percent to 1 cent per share quarterly. This followed cuts of 26.5 percent to 25 cents per share and 29.2 percent to 34 cents in previous quarters by the correctional facilities REIT. The last quarterly cash dividend was paid on February 21, 2021 to shareholders of record as of the close of business on January 25, 2021. The dividend yield for GEO was 12.8% prior to the dividend suspension just announced. GEO Group had cut its dividend 91.7 percent in 2021, following a 29.2 percent reduction already announced in 2020. In a press release the company explains the dividend cut by stating that it has immediately suspended GEO’s quarterly dividend payments with the goal of maximizing the use of cash flows to repay debt, deleverage, and internally fund growth. GEO says it currently intends to maintain its corporate tax structure as a Real Estate Investment Trust (...

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