Starbucks hikes dividend by 7%
Starbucks (SBUX) will hike its quarterly dividend by 7% to 61 cents per share in 2024. This marks 14 consecutive years of increases.
Dividend News Headlines
Parker Hannifin hikes dividend by 11.1%
Old Republic International pays $2.50 special dividend
Eli Lilly hikes dividend by 15.3%
On December 8, 2025, Eli Lilly (LLY) announced a significant 15.3% dividend increase , lifting its quarterly payout to $1.73 per share . With shares trading at $997 , the new rate represents a forward yield of about 0.7% . The company has now delivered 12 consecutive years of dividend growth and is recognized as a Dividend Hero .
City Holding Co hikes dividend by 10%
On September 27, 2023, City Holding Company (CHCO) announced that it will raise its quarterly dividend by 10 percent to $0.715 per share. This marks the 12th consecutive year of annual dividend increases by the financial company. The next dividend will be paid on October 31, 2023 with an ex-dividend date of October 12, 2023. The dividend yield for CHCO is 3.2% at a stock price of $90.35. “City’s board reaffirmed the Company’s commitment of returning value to its shareholders today by voting to approve an increase in the quarterly cash dividend of 6.5 cents to 71.5 cents,” stated Charles (Skip) Hageboeck, President and CEO. “The Company's current strong capital and liquidity position, our financial performance during 2023, and our confidence in the Company's ability to sustain this performance led to the decision to increase the dividend to $2.86 on an annualized basis.” City Holding Company is the parent company of City National Bank of West Virginia. City National operates bra...