Dividend Track Records

Norfolk Southern (NSC) will raise its quarterly dividend by another 10.1 percent to $1.09 per share in Q3 of 2021. This comes after a dividend hike of 5.3 percent to $0.99 per share in Q1 of 2021. This is the second dividend hike since 2019 by the railroad company and 2021 marks five consecutive years of increases based on total dividends paid in calendar years.  The next dividend is payable August 20, 2021 to shareholders of record on August 9, 2021. A new annual rate of $4.36 per share yields 1.7% at a stock price of $257.83. Norfolk Southern Corporation is a rail transportation company. Its Norfolk Southern Railway Company subsidiary operates approximately 19,500 route miles in 22 states and the District of Columbia, serves every major container port in the eastern United States, and provides connections to other rail carriers. Norfolk Southern transports industrial products, including chemicals, agriculture, and metals and construction materials. In addition, the railroad is a ...

 $1.50 per share

Scotts Miracle-Gro Co (SMG) will raise its quarterly dividend by 6.5 percent to 66 cents per share in 2021. This comes after a dividend hike of 6.9 percent to 62 cents per share in 2020. Also a $5.00 per share special dividend was paid to shareholders by SMG in 2020. The maker of branded consumer lawn and garden products has now boosted its dividend 12 straight years. The fourth quarter dividend is payable on Friday, September 10, 2021, to shareholders of record as of Friday, August 27, 2021. A new regular annual dividend rate of $2.64 per share yields 1.5% at a stock price of $177.  The Scotts Miracle-Gro Company (SMG) is a manufacturer and marketer of branded consumer lawn and garden products in North America. Its key consumer lawn and garden brands include Scotts and Turf Builder lawn and grass seed products; Miracle-Gro, Nature’s Care, Scotts, LiquaFeed and Osmocote1 gardening and landscape products; and Ortho, Roundup 2, Home Defense and Tomcat branded insect control,weed cont...

Louisiana-Pacific Corporation (LPX) will raise its quarterly dividend by another 12.5 percent to 18 cents per share in 2021. This comes after a 10.3 percent to $0.145 per share earlier in 2021. This marks the 3rd consecutive year of dividend increases. The dividend will be payable September 1, 2021 to shareholders of record as of August 10, 2021. The dividend yield is 1.1% at a stock price of $55.50. As a proven leader in high-performance building solutions, LP Building Solutions manufactures uniquely engineered, innovative building products that meet the demands and needs of the building industry. Its extensive product portfolio includes durable and dependable exterior siding and trim systems, engineered wood framing and structural panels for single-family homes, multifamily projects, repair & remodel markets, light commercial facilities and outdoor buildings. LP also provides industry leading service and warranties to help customers build smarter, better and faster. Founded in 19...

Easterly Government Properties (DEA) will raise its quarterly dividend by 1.9 percent to $0.265 per share in 2021. This is the first dividend hike announced by the REIT since 2017. The increased dividend will be paid on August 24, 2021 to shareholders of record on August 12, 2021. The new dividend yield for DEA is 4.7% based on a stock price of $22.68 and a new annual dividend rate of  $1.06 per share. Easterly Government Properties, Inc. is based in Washington, D.C., and focuses primarily on the acquisition, development and management of Class A commercial properties that are leased to the U.S. Government. Easterly’s experienced management team brings specialized insight into the strategy and needs of mission-critical U.S. Government agencies for properties leased primarily through the U.S. General Services Administration.

Capital One Financial Corporation (COF) will raise its dividend by another 50 percent to 60 cents per share. Also a $0.60 per share special dividend will be paid to shareholders. The new dividend hike followed a 300 percent hike to 40 cents quarterly earlier in 2021. This comes after a dividend cut of 75.0 percent to $0.10 per share in 2020.  Both the special and the regular dividend for a total amount of $1.20 per share will be payable March 1, 2021, to stockholders of record as of  February 17, 2021. A new regular annual dividend rate of $2.40 per share yields 1.5% at a stock price of $164. Capital One now pays an estimated $1.1 billion in dividends annually to shareholders. Capital One Financial Corporation is a financial holding company whose subsidiaries include Capital One, N.A., and Capital One Bank (USA), N.A.. The company, headquartered in McLean, Virginia,  offers a broad spectrum of financial products and services to consumers, small businesses and commercial c...

Wingstop Inc. (WING) will increase its quarterly dividend by 21.4 percent in 2021. Last year WING also paid a special dividend of $5.00 per share and announced a 27.3 percent dividend hike to 14 cents per share, marking the 3rd consecutive year of dividend increases. The next dividend of 17 cents per share will be paid on September 3, 2021 to stockholders of record as of August 13, 2021. The regular annual rate of 68 cents per share yields 0.4% at a stock price of $166. Wingstop Inc. operates and franchises restaurants across the United States, Mexico, Singapore, the Philippines, Indonesia, the United Arab Emirates, Malaysia, Saudi Arabia, Colombia, and Panama. The Wing Experts’ menu features classic and boneless wings with 11 bold, distinctive flavors including Original Hot, Cajun, Atomic, Mild, Teriyaki, Lemon Pepper, Hawaiian, Garlic Parmesan, Hickory Smoked BBQ, Louisiana Rub, and Mango Habanero. Wingstop’s wings are always cooked to order, hand-sauced and tossed and served with a ...

Ball Corporation (BLL) will raise its quarterly dividend by 33.3 percent to $0.20 per share in 2021. This follows a dividend hike of 50.0 percent to $0.15 per share in 2019 by the supplier of metal packaging. The next BLL dividend is payable September 15, 2021, to shareholders of record as of September 1, 2021. A new annual rate of 80 cents yields 0.9% at a stock price of $91.48. Ball Corporation is a supplier of metal packaging to the beverage, food, personal care and household products industries.  Its major product line is aluminum and steel beverage containers. Its aerospace business designs, develops and manufactures aerospace systems for civil, commercial and national cyber security aerospace markets.

Mondelez International (MDLZ) will raise its quarterly dividend by 11.1 percent to 35 cents per share in 2021. This follows a dividend hike of 10.5 percent announced in 2020 and also marks the food and beverage company's 9th consecutive year of annual dividend increases. The increases dividend is payable on October 14, 2021, to shareholders recorded as of September 30, 2021. A new annual rate of $1.40 per share yields 2.2% at a stock price of $65.23. Mondelez International, Inc. is a global snack company. The company manufactures and makes and sells primarily snacks, including biscuits (cookies, crackers and salted snacks), chocolate, gum & candy as well as various cheese & grocery and powdered beverage products. Its brands include Cadbury, Milka and Toblerone chocolate; Oreo, belVita and LU biscuits; Halls candy; Trident gum and Tang powdered beverages. The company's operations and management structure are organized into four operating segments: 1. Latin America, 2. As...

 At the company’s quarterly board meeting, the Board of Directors declared a $0.37 per share quarterly cash dividend, or an increase of 15.6%. This cash dividend will be payable on October 1, 2021, to shareholders of record at the close of business on September 10, 2021.

Dividend Aristocrat Cintas Corporation (CTAS) will raise its quarterly dividend by another 26.7 percent to 95 cents per share in Q3 of 2021. This follows a dividend hike from $0.70 to $0.75 per share announced earlier in 2021. Last year the company announced a switch from annual to quarterly dividends. Cintas had announced an increase of its annual dividend by 10.2 percent to $2.81 per share in 2020. The 2021 dividend hike marks the 38th consecutive year of dividend increases.  The next dividend is payable on September 15, 2021 to shareholders of record as of August 13, 2021. The new annual dividend of $3.80 per share yields 1.0% at a stock price of $388.86.  Cintas Corporation is a supplier of corporate identity uniform programs, entrance and logo mats, restroom supplies, promotional products, first aid, safety, fire protection products and services, and industrial carpet and tile cleaning. The company’s products and services include uniforms, floor care, restroom supplies, f...

MSCI Inc (MSCI) will raise its quarterly dividend by 33.3 percent to $1.04 per share in 2021. This follows a dividend hike of 14.7 percent to $0.78 per share announced in 2020. The analytics and ratings company has now hiked its dividend for 7 consecutive years. The next dividend will be payable on August 31, 2021 to shareholders of record as of the close of trading on August 13, 2021. A new annual rate of $4.16 per share yields 0.5% at a stock price of $591. MSCI started paying a dividend in 2014 and has raised its payment by at least double digits every year since. The company now pays an estimated $344 million in dividends to shareholders annually. MSCI Inc. offers products and services to support the needs of institutional investors throughout their investment processes. The company produces indices and risk and return portfolio analytics for use in managing investment portfolios. MSCI was a pioneer in developing the market for global equity indexes. The company began licensing its...

Bank of Hawaii (BOH) will raise its quarterly dividend by 4.5 percent to 70 cents per share in 2021. This comes after a dividend hike of 3.1 percent to $0.67 per share two years ago when 2019 marked the 4th consecutive year of dividend increases by the financial services company. This new hike will mark 6 calendar years with higher dividend paid to shareholders. The next dividend will be payable on September 15, 2021 to shareholders of record at the close of business on August 31, 2021. A new annual rate of $2.80 yields 3.4% at a stock price of $83.24. Bank of Hawaii Corporation is a regional financial services company serving businesses, consumers and governments in Hawaii, American Samoa, and the West Pacific. The Company’s principal subsidiary, Bank of Hawaii, was founded in 1897 and is the largest independent financial institution in Hawaii. BOH operates in four segments: Retail Banking, Commercial Banking, Investment Services, and Treasury and Other, consisting of corporate asset ...

McKesson Corporation (MCK) will raise its quarterly dividend by 11.9 percent to 47 cents in 2021. This comes after a 2.4 percent hike to 42 cents per share wsa announced in 2020. This also marks the 14th consecutive year of dividend increases for the healthcare company. The next dividend will be payable on October 1, 2021, to stockholders of record on September 1, 2021. A new annual dividend rate of $1.88 per share yields 0.9% at a stock price of $202. McKesson Corporation is a healthcare supply chain management solutions, retail pharmacy, community oncology and specialty care company. McKesson partners with life sciences companies, manufacturers, providers, pharmacies, governments and other healthcare organizations to help provide medicines, medical products and healthcare service. The company has three reportable segments: U.S. Pharmaceutical and Specialty Solutions, European Pharmaceutical Solutions and Medical-Surgical Solutions. McKesson Corporation has paid a dividend every year ...

 3.50 extra

The Regions Financial Corporation (RF) will raise its quarterly dividend by 9.7 percent to 17 cents per share in 2021. This comes after a dividend hike of 10.7 percent to $0.155 per share in the third quarter of 2019. This marks the 9th consecutive year of annual dividend increases by the commercial bank. The new dividend is payable on October 1, 2021, to stockholders of record at the close of business on September 3, 2021. The new annual dividend of 62 cents per share yields 3.6% at a stock price of $19.44. Regions Financial Corporation is a financial holding company. The company conducts its banking operations through Regions Bank, an Alabama state-chartered commercial bank, which is a member of the Federal Reserve System. The company is a full-service provider of consumer and commercial banking, wealth management, mortgage, and insurance products and services in the United States. Regions serves customers across the South, Midwest and Texas.

Penske Automotive (PAG) will hike its dividend by yet another 2.3 percent to 45 cents quarterly in Q3 of 2021. This follows a dividend hike to $0.43 per share in Q1 of 2021 and a similar 1 cent hike in Q2. The operator of automotive and commercial truck dealerships suspended its quarterly dividend in 2020 because of the COVID-19 pandemic. The next dividend of 45 cents quarterly will be paid on September 1, 2021 to shareholders of record on August 10, 2021. A new annual dividend rate of $1.80 per share will yield 2.2% at a stock price of $81.45. The ex-dividend date for the next PAG dividend is August 9. Penske Automotive Group, Inc., headquartered in Bloomfield Hills, Michigan, is an international transportation services company that operates automotive and commercial truck dealerships principally in the United States, Canada, and Western Europe, and distributes commercial vehicles, diesel engines, gas engines, power systems and related parts and services principally in Australia and N...

Moelis & Company (MC) will hike its quarterly dividend by another 9.1 percent in 2021. Earlier this year MC already hiked its quarterly dividend by 43.8 percent $0.255 per share. Also a special dividend of $2.00 per share was paid by the investment bank. The next dividend of $0.60 per share will be paid on September 17, 2021 to common stockholders of record on August 2, 2021. A regular annual dividend rate of $2.40 per share yields 4.1% at a stock price of $58. Moelis & Company is a global independent investment bank that provides innovative strategic advice and solutions to a diverse client base, including corporations, governments and financial sponsors. The Firm assists its clients in achieving their strategic goals by offering comprehensive integrated financial advisory services across all major industry sectors. Moelis & Company’s experienced professionals advise clients on their most critical decisions, including mergers and acquisitions, recapitalizations and restruc...

Bank of America (BAC) will raise its quarterly dividend by 16.7 percent to 21 cents per share in 2021. This follows a dividend hike of 20.0 percent to $0.18 per share in 2019. This marks the 8th consecutive year of dividend increases by the financial holding company. Last year BAC did not announce a dividend hike. This new dividend hike just announced for 2021 comes after stress test results published by the FED. The new dividend will be paid on September 24, 2021 to shareholders of record on September 3, 2021. The new annual dividend of 84 cents per share yields 2.2% at a stock price of $37.70. Bank of America Corporation is a bank holding and financial holding company.  The company serves individual consumers, small and middle-market businesses and large corporations with banking, investing, asset management and other financial and risk management products and services. Bank of America has operations in the United States and in international markets. Merrill Lynch is also pa...

Landstar System, Inc. (LSTR) will raise its dividend by 19 percent to 25 cents per share in 2021. This comes after a dividend hike of 13.5 percent to 21 cents per share quarterly announced in 2020. The logistics company also paid a $2.00 per share special dividend in 2020 and has now increased its dividend for 16 consecutive years. The next dividend is payable on August 27, 2021, to stockholders of record as of the close of business on August 9, 2021. The regular annual dividend rate of $1.00 per share yields 0.7% at a stock price of $152. Landstar System, Inc. is an asset-light provider of integrated transportation management solutions. The company offers services to its customers across multiple transportation modes, with the ability to arrange for individual shipments of freight to enterprise-wide solutions to manage all of a customer’s transportation needs. Landstar provides services principally throughout the United States and to a lesser extent in Canada and Mexico, and between t...

Discover Financial Services (DFS) will raise its quarterly dividend by 13.6 percent to 50 cents per share in 2021. This follows a dividend hike of 10.0 percent to $0.44 per share in 2019. This marks the 11th consecutive year of annual dividend increases by the company. The next dividend is payable on September 2, 2021, to holders of record at the close of business on August 19, 2021. A new annual rate of $2.00 per share yields 1.6% at a stock price of $123. Discover Financial Services is a direct banking and payment services company. It provides direct banking products and services, and payment services through its subsidiaries. It offers its customers credit card loans, private student loans, personal loans, home equity loans and deposit products. The company issues the Discover card, operates the Discover Network, PULSE and Diners Club International.

Community Bank System (CBU) will raise its quarterly dividend by another 2.4 percent to 43 cents per share in 2021. This follows a 2.4 percent dividend hike to $0.42 per share in 2020 and also marks the 29th consecutive year of annual dividend increases by the financial company. The next dividend will be payable on October 8, 2021 to shareholders of record as of September 15, 2021. A new annual rate of $1.72 per share yields 2.4% at a stock price of $71.76. Community Bank System, Inc. operates customer facilities across Upstate New York, Northeastern Pennsylvania, Vermont and Massachusetts through its banking subsidiary, Community Bank, N.A. The Company owns two subsidiaries: Community Bank, N.A. and Benefit Plans Administrative Services, Inc. It operates in three segments: banking, employee benefit services, and All Other (wealth management services, broker-dealer and investment advisory services).

 0.10 per share

Zions Bancorp (ZION) will raise its quarterly dividend by 11.8 percent to 38 cents per share in 2021. This comes after a dividend hike of 13.3 percent to $0.34 per share in 2019 and marks 9 straight calendar years of increases. The next dividend is payable August 19, 2021 to shareholders of record on August 12, 2021. A new annual dividend rate of $1.52 per share yields 3.0% at a stock price of $50.86. Zions Bancorp has now raised its dividend for nine consecutive years. Zions Bancorporation is a financial services company. Zions operates under local management teams in Arizona, California, Colorado, Idaho, Nevada, New Mexico, Oregon, Texas, Utah, Washington and Wyoming. The company’s business includes Small Business Administration lending and public finance advisory services.

1st Source (SRCE) will hike its quarterly dividend by another 3.3 percent to $0.31 per share in Q3 of 2021. This comes after a dividend hike of 3.4 percent to 30 cents per share in Q2 of 2021. This marks the third hike announced this year for a total increase of 9.7 percent. The next cash dividend is payable to shareholders of record on August 3, 2021 and will be paid on August 13, 2021. A new annual rate of $1.24 per share yields 2.9% at a stock price of $42.48. 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.

Southern Copper Corporation (SCCO) will increase its quarterly dividend by another 28.6 percent to 90 cents per share in Q3 of 2021. This marks the third dividend hike in 2021 for a total increase of 80 percent. However, don't forget that SCCO cut its dividend in 2020, 2015, 2013 and 2012. The next dividend will be paid on August 26, 2021 to shareholders of record on August 12, 2021. A new annual dividend rate of $3.60 per share yields 5.7% based at a stock price of $63. Southern Copper Corporation will now pay an estimated $2.78 billion annually in dividends to its shareholders.  Southern Copper Corporation is an integrated copper producer. It produces copper and, in the production process, obtains several by-products, including molybdenum, silver, zinc, sulfuric acid and other metals. The company has operations in Peru and Mexico. Southern Copper Corporation has paid a dividend to shareholders every year since at least 1996.

Shell Midstream Partners, L.P. (SHLX) will cut its quarterly distribution by 34.8 percent to 30 cents. The MLP last raised its quarterly distribution by 3.4 percent to $0.46 per unit in Q1 of 2020. The dividend cut ends five straight years of distributions paid by Shell Midstream. This decrease was undertaken to ensure the Partnership’s near-term financial health, provide a long-term sustainable financial framework and allow the Partnership the ability to pursue projects that build upon its diverse portfolio and enhance unitholder value.   The next distribution will be paid August 13, 2021 to unitholders of record as of August 3, 2021. A new annual rate of $1.20 per unit yields 8.9% at a stock price of $13.50. In 2020 Royal Dutch Shell plc, the UK/Netherlands based oil major, also cut the dividend, being the first cut since the second world war.  Shell Midstream Partners, L.P., headquartered in Houston, Texas, is a growth-oriented master limited partnership formed by Roya...

J.B. Hunt Transport Services (JBHT) will raise its quarterly dividend by another 7.1 percent to 30 cents per share in 2021. This comes after a dividend hike of 3.7 percent to 28 cents per share announced earlier in 2021.The year 2021 will mark the 18th consecutive year of dividend increases for the freight-trucking company. The next dividend will be paid on May 21, 2021 to shareholders of record on May 7, 2021. A new annualized dividend rate of $1.20 per share yields 0.7% at a stock price of $163. J.B. Hunt Transport Services, Inc. provides supply chain solutions for customers throughout the continental United States, Canada, and Mexico. The company's service offerings include transportation of full truckload containerizable freight, which is directly transported utilizing J.B. Hunt's company-controlled revenue equipment and company drivers or independent contractors. The company also has arrangements with most of the major North American rail carriers to transport truckload fr...

Howmet Aerospace (HWM), formerly known as Arconic and Alcoa, will start paying a 2 cent dividend again. HWM suspended its quarterly dividend in 2020 because of COVID-19. The next dividend will be paid on August 25, 2021, to the holders of record of the Common Stock at the close of business on August 6, 2021. The dividend yield is 0.3%. Howmet Aerospace, formerly Arconic Inc., is a manufacturer of aluminum, titanium, and nickel used in aerospace, automotive, commercial transportation, packaging, building and construction, oil and gas, defense, consumer electronics, and industrial applications. Howmet generates most of its sales in the United States and Europe generated and also has operating activities in Brazil, Canada, China, Japan, and Russia, among others. The company's operations consist of three worldwide reportable segments: Engineered Products and Solutions, Global Rolled Products and Transportation and Construction Solutions. Howmet and previously Arconic Inc. are the succe...

Unum Group (UNM) will raise its quarterly dividend by 5.3 percent to 30 cents per share in 2021. This follows a dividend hike of 9.6 percent to $0.285 per share in 2019. This marks the 13th consecutive year of dividend increases by the financial protection benefits company.  A new annual rate of $1.20 per share yields 4.4% at a stock price of $28. Unum Group is a leading provider of financial protection benefits in the United States and the United Kingdom. Its primary businesses are Unum US, Colonial Life, Starmount and Unum UK. Unum’s portfolio includes disability, life, accident and critical illness, dental and vision coverage, which help protect millions of working people and their families in the event of an illness or injury. Unum also provides stop-loss coverage to help self-insured employers protect against unanticipated medical costs.

Stanley Black & Decker (SWK) will raise its quarterly dividend by 12.9 percent to 79 cents per share in 2021. This follows a dividend hike of 1.4 percent to 70 cents per share in 2020 and marks the 54th consecutive year of annual dividend increases by this Dividend Aristocrat. The next dividend of $0.70 per share is payable on, September 21, 2021 to shareholders of record as of the close of business on September 7, 2021. A new annual rate of $3.16 per share yields 1.6% at a stock price of $204. Stanley Black & Decker's CEO, James M. Loree, commented, "I am pleased to continue our trend of consecutive annual dividend increases, which reflects the continued confidence we have in the cash generation potential of the company.  A strong and growing dividend is a key element of our shareholder value proposition, and is consistent with our capital deployment philosophy to deliver approximately half of our excess capital to shareholders over the long term." Stanley Black ...

Baxter International (BAX) will raise its quarterly dividend by 14.3 percent to 28 cents per share in 2021. This follows a dividend hike of 11.4 percent  $0.245 per share in 2020 and marks the 6th consecutive year of dividend increases by the hospital products company. The next dividend will be payable on July 1, 2021, to stockholders of record as of June 4, 2021. The new indicated annual dividend rate of $1.12 per share yields 1.4% at a stock price of $80. The annual dividend payment by Baxter to shareholders will jump to an estimated $563 million.  Baxter International Inc. provides a broad portfolio of essential renal and hospital products, including home, acute and in-center dialysis, sterile IV solutions, infusion systems and devices, parenteral nutrition, biosurgery products and anesthetics, and pharmacy automation, software and services. The company's history dates back to 1931 when Drs. Ralph Falk and Don Baxter launched the Don Baxter Intravenous Products Corporation,...

Agriscience company Corteva, Inc. (CTVA) will hike its quarterly dividend by 7.7 percent to 14 cents per share in 2021. This is the first dividend hike since CTVA started paying a quarterly dividend of $0.13 per share in the third quarter of 2019. That was the first common stock dividend after its spinoff from DowDuPont in 2019. The next dividend is payable September 15, 2021, to shareholders of record on August 13, 2021. A new annualized dividend rate of 56 cents yields approximately 1.3% at a stock price of $42.18. Corteva Agriscience provides farmers with seeds and crop protection products. The company's brands include Pioneer, Granular and Brevant seeds. Corteva Agriscience became an independent public company on June 1, 2019, and was previously the Agriculture Division of DowDuPont, created by combining DuPont Crop Protection, DuPont Pioneer and Dow AgroSciences.

Goldman Sachs Group (GS) will raise its quarterly dividend by 60 percent to $2.00 per share in 2021. This follows a dividend hike of 47.1 percent to 1.15 per share in the third quarter of 2019.  The next dividend will be paid on September 29, 2021 to common shareholders of record on September 1, 2021. A new dividend of $8.00 annualized yields 2.3% at a stock price of $365. The Goldman Sachs Group, Inc. is an investment banking, securities and investment management company that provides a range of financial services to corporations, financial institutions, governments and individuals. GS operates in four business segments: Investment Banking, Institutional Client Services, Investing & Lending, and Investment Management. The Goldman Sachs Group, Inc. began trading on the New York Stock Exchange on May 4, 1999.

Ally Financial Inc (ALLY) will raise its quarterly dividend by 31.6 percent to 25 cents per share in 2021. This follows a dividend hike of 11.8 percent to $0.19 per share in the first quarter of 2020 and marks the 5th year of dividend increases by the financial services company. The next dividend is payable on August 16, 2021 to stockholders of record on August 2, 2021. A new annualized dividend of $1.00 per share yields 2.1% based on a stock price of $51 for ALLY. Ally Financial Inc. is a digital financial services company. Ally's online bank (Ally Bank, Member FDIC and Equal Housing Lender) offers mortgage-lending services and a variety of deposit and other banking products, including CDs, online savings, money market and checking accounts, and IRA products. Additionally, Ally offers securities brokerage and investment advisory services through Ally Invest.

Cummins (CMI) will raise its quarterly dividend by 7.4 percent to $1.45 per share in 2021. This comes after a dividend hike of 3 percent to $1.35 per share quarterly in 2020 and marks 16 consecutive years of dividend increases. The next dividend is payable on September 2, 2021 to shareholders of record on August 20, 2021. A new annualized rate of $5.80 per share yields 2.5% at a stock price of $233. Cummins Inc., is a manufacturer of power solutions. The company designs, manufactures, distributes and services diesel and natural gas engines and powertrain-related component products, including filtration, aftertreatment, turbochargers, fuel systems, controls systems, air handling systems, transmissions, electric power generation systems, batteries and electrified power systems. Cummins sells its products to original equipment manufacturers (OEMs), distributors, dealers and other customers worldwide. Cummins, headquartered in Columbus, Indiana, was founded in 1919 as Cummins Engine Compan...

EPR Properties (EPR) will reinstate its monthly dividend. The REIT suspended its monthly dividend in 2020 because of COVID-19, ending 10 consecutive years of increases.  EPR Properties today announced that it is resuming payment of a monthly cash dividend of $0.25 per common share to its common shareholders, following its decision to terminate the covenant relief period early under certain of its credit facilities. In addition, the Company is providing key business updates on property openings and cash collection levels for the second quarter ended June 30, 2021.  The next dividend is payable on August 16, 2021 to shareholders of record on July 30, 2021. “We are pleased that we continue to show meaningful progress in our property openings and cash collections, which allowed us to be in compliance with our pre-waiver debt covenants for the second quarter,” stated Greg Silvers, President and CEO of EPR Properties. “This performance and positive outlook gave us the confidence to ...

Conagra Brands (CAG) will raise its quarterly dividend by 13.6 percent to 31.25 cents per share in 2021. This follows a dividend hike of  29.4 percent to $0.275 per share announced in 2020. This is the second dividend increase announced by the packaged food company since 2017. The new dividend will be paid on September 2, 2021 to stockholders of record as of the close of business on August 3, 2021. A new annualized dividend rate of $1.25 per share yields 3.6% at a stock price of $35.40. Conagra Brands, Inc., formerly ConAgra Foods, Inc., is a packaged food company, selling food products and commercially branded foods through two segments: Consumer Foods and Commercial Foods. Conagra also is a supplier of vegetable, spice and grain products for restaurants, foodservice operators and commercial customers. The company's brands include Marie Callender's, Reddi-wip, Hunt's, Healthy Choice, Slim Jim, Banquet, Birds Eye, Orville Redenbacher's, as well as emerging brands, inclu...

Ryder System (R) will raise its quarterly dividend by 3.6 percent to 58 cents per share in 2021. This follows a dividend hike of  3.7 percent to $0.56 per share announced in 2019. The logistics company has now raised its dividend for 17 straight calendar years. The increased dividend will be paid on September 17, 2021, to shareholders of record on August 23, 2021. The new dividend for Ryder System is 3.3% and 2021 will mark the 17th consecutive year of dividend increases. Ryder now pays an estimated $125 million in dividends to shareholders annually. Ryder System, Inc. is a commercial fleet management, dedicated transportation, and supply chain solutions company. The company's offerings range from full-service leasing, commercial rental and maintenance of vehicles to integrated services to customers principally in the United States, Canada, Asia and the United Kingdom. The company has paid a dividend every year since 1976.

Marsh & McLennan Companies (MMC) will raise its quarterly dividend by 15.1 percent to 53.5 cents per share in 201. This comes after a dividend hike of  2.2 percent in 2020 and will mark 12 consecutive years of dividend increases by the  professional services firm. The next dividend is payable on August 13, 2021, to stockholders of record on July 29, 2021. The new yield for professional services firm is 1.5% based on the annual payment of $2.14 and a stock price $141. Marsh & McLennan last announced a double digit dividend increase in 2018, when the quarterly dividend was boosted by 10.7 percent. This year's dividend hike so far is the smallest announced by the company since 2009. During the financial crisis Marsh & McLennan did nog announce a dividend increase. Marsh & McLennan Companies, Inc. is a professional services firm offering clients advice and solutions in risk, strategy and people.  Its businesses include: Marsh, the insurance broker, intermediar...

Hingham Institution for Savings (HIFS) will increase its quarterly dividend by another 4.1 percent to 51 cents per share in 2021. This comes after a dividend hike of 4.3 percent to 49 cents per share announced in Q1 of 2021. HIFS has raised its dividend 14 consecutive years. The next dividend will be paid on August 11, 2021 to stockholders of record as of August 2, 2021. A regular annual dividend rate of $2.04 per share yields 0.7% at a stock price of $302.50.  Hingham Institution for Savings is a Massachusetts-chartered savings bank located in Hingham, Massachusetts.  Incorporated in 1834, it is one of America’s oldest banks.  The Bank’s Main Office is located in Hingham and the Bank maintains offices on the South Shore, in Boston (South End and Beacon Hill), and on the island of Nantucket.  The Bank also provides commercial mortgage lending and private banking services in the Greater Washington D.C. metropolitan area. Hingham Institution for Savings has paid a divi...

Morgan Stanley (MS) will raise its quarterly dividend by 100% to 70 cents per share in 2021. This comes after a dividend hike of 16.7 percent to $0.35 per share in 2019. This marks the 8th consecutive year of dividend increases by the financial holding company. The dividend hike comes after the stress test results announced in June. The next dividend will be paid on August 13, 2021 to shareholders of record on July 30, 2021. A new annualized dividend rate of $2,80 per share yields 3.1% at a stock price of $91.25. Morgan Stanley is a financial services firm providing investment banking, securities, wealth management and investment management services. The company serves clients worldwide including corporations, governments, institutions and individuals. Morgan Stanley has increased its dividend every year since 2014. During the financial crisis in 2009 the quarterly payment was cut by 81.5 percent.

Molson Coors Beverage Company (TAP) will reinstate its quarterly dividend. The beer company suspended its dividend in 2020 because of the COVID-19 pandemic. In 2019 TAP had last raised the quarterly dividend with a 39.0 percent hike to $0.57 per share.  The new quarterly dividend is $0.34 per share and will be paid on September 17, 2021 to shareholders of record on August 30, 2021. The new annual dividend rate of $1.36 per share will yield 2.7% at a stock price of $50.49. “Just over 18 months into our revitalization plan, we continue to execute and advance towards our long-term goal of sustainable topline growth,” said Molson Coors President and CEO Gavin Hattersley. “Because of the work done through our revitalization plan, today we can reaffirm our full year guidance with confidence, while at the same time reinstating a dividend to enhance shareholder value and repaying $1 billion in bonds to continue deleveraging.” Molson Coors Beverage Company, formerly Molson Coors Brewing Com...

PPG Industries (PPG) will raise its quarterly dividend by 9.3 percent to 59 cents per share in 2021. This follows a dividend hike of 5.9 percent to $0.54 per share announced in 2020. This marks the 50th consecutive year of dividend increases by Dividend Aristocrat PPG.  The next dividend of 59 cents per share is payable September 10, 2021, to shareholders of record August 10, 2021. The new annual dividend rate of $2.36 per share yields 1.4% at a stock price of $170 for PPG Industries. After this latest dividend increase PPG Industries will pay an estimated $559 million in dividends annually to its shareholders. The company last announced a double digit dividend hike in 2017, when the quarterly dividend was increased by 12.5 percent to 45 cents per share. PPG Industries, Inc., manufactures and distributes paints, coatings and specialty materials. PPG’s business is comprised of two reportable business segments: Performance Coatings and Industrial Coatings. PPG's products are used by ...

Gladstone Land Corporation (LAND) will raise its monthly dividend by 0.2 percent to $0.0451 per share in Q3 of 2021. This follows a 0.1 percent hike in Q1 and Q2. 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 2.3% at a stock price of $22.95 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 corporate and...

National Retail Properties (NNN) will raise its quarterly dividend by 1.9 percent to 52 cents per share in 2021. This comes after a dividend hike of 1.0 percent to 52 cents per share announced by the REIT in 2020. NNN has now increased its dividend for 32 consecutive years. The next dividend is August 16, 2021 to common shareholders of record on July 30, 2021. A new annual rate of $2.12 per share yields 4.4% at a stock price of $48.44. NNN is one of only three publicly traded REITs and 86 publicly traded companies in America to have increased annual dividends for 32 or more consecutive years. Jay Whitehurst, Chief Executive Officer, commented: "National Retail Properties is pleased to make 2021 our 32nd consecutive year of annual dividend increases.  This impressive track record of consistent growth has, once again, spanned turmoil in the economy and validates the enduring power of our multi-year approach and strong, flexible balance sheet." National Retail Properties (NNN) i...

Bassett Furniture Industries (BSET) hike its quarterly dividend by 12 percent to $0.14 per share in 2021. The company cut its dividend from 12.5 cents to 8 cents per share in 2020 because of COVID-19. The next dividend of 12.5 cents is payable on August 27, 2021 to shareholders of record at the close of business on August 13, 2021. The 56 cent per share annual dividend yields 2.2% at a stock price of $25. “We are pleased that our Board of Directors feels that a 12% percent increase to our quarterly dividend and a $16 million increase to our share repurchase authorization reflect the strength of our recent operational results and our solid prospects for the future,” commented Rob Spilman, Chairman and CEO. “With the reopening of the country fully underway and with consumer spending moving in favor of travel, dining, and other discretionary pursuits, we do expect our incoming business to ultimately feel the effects of this shift. Nevertheless, the underlying strength of the economy and o...

Bank of New York Mellon (BK) will raise its quarterly dividend by 9.7 percent to 34 cents per share in 2021. This follows a dividend hike of 10.7 percent in 2019 and will mark 11 straight years of dividend increases. The next dividend is payable on August 9, 2021 to shareholders of record as of the close of business on July 27, 2021. The new annual dividend of $1.36 per share yields 2.8% at a stock price of $48.68. The Bank of New York Mellon Corporation is an investments company. BNY Mellon is a global company that manages and services assets for financial institutions, corporations and individual investors in 35 countries. BNY Mellon has two business segments, Investment Services and Investment Management. Established in 1784 by Alexander Hamilton, BK was the first company listed on the New York Stock Exchange.

State Street Corporation (STT) will raise its quarterly dividend by 9.6 percent to 57 cents per share in 2021. This follows a 10.6 percent to $0.52 per share announced in 2019. This marks the 11th consecutive year of annual dividend increases by the financial holding company based on calendar years. The next dividend is payable on October 12, 2021 to common shareholders of record at the close of business on October 1, 2021. A new annual rate of $2.28 per share yields 2.8% at a stock price of $82. State Street Corporation is a financial holding company. The Company, through its subsidiary, State Street Bank and Trust Company (State Street Bank), provides a range of financial products and services to institutional investors.  Its clients include mutual funds, collective investment funds and other investment pools, corporate and public retirement plans, insurance companies, foundations, endowments and investment managers.

American Financial Group, Inc. (AFG) will pay a another special dividend of $2.00 per share in 2021. This comes after a special dividend $14.00 per share announced earlier in 2021 because of the closing of the sale of its Annuity Businesses. Last year AFG paid a $2.00 per share special dividend and raised its quarterly dividend by 11.1 percent to 50 cents per share. The dividend is payable on August 2, 2021 to holders of record on July 26, 2021. The regular annual dividend rate of $2.00 per share yields 1.6% at a stock price of $125.49. AFG Co-CEOs S. Craig Lindner and Carl H. Lindner III stated: “Returning excess capital to shareholders in the form of this $2.00 special dividend is a key component of AFG’s capital management strategy; it reflects AFG’s strong financial position and our confidence in the Company’s financial future. Our Specialty P&C businesses continue to produce strong core operating earnings and generate excess capital. Our excess capital remains at a significant...

Dividend Aristocrat Walgreens Boots Alliance Inc. (WBA) will raise its quarterly dividend by 2.1 percent to $0.4775 per share in 2021. This follows a 2.2 percent increase to $0.4675 per share announced in 2020 and will mark the 46th consecutive year of dividend increases. The next dividend is payable September 10, 2021 to stockholders of record as of August 20, 2021. A new annual rate of $1.91 per share yields 4.1% at a stock price of $47. This new hike just announced is the smallest in more than a decade. Walgreens will now pay an estimated $1.6 billion in dividends to shareholders annually. Walgreens Boots Alliance is a global, pharmacy-led health and wellbeing enterprise. The company is the largest retail pharmacy, health and daily living destination across the U.S. and Europe. Walgreens is a global leader in pharmacy-led, health and wellbeing retail and one of the largest global pharmaceutical wholesale and distribution networks, with its distribution centers delivering to pharmaci...

Computer Services (CSVI) will raise its quarterly dividend by 8 percent to $0.27 per share in 2021. This follows a dividend hike of 19.1 percent to 25 cents per share announced in 2020 and will mark the 50th consecutive year of annual dividend increases by the it services company. The next dividend of $0.27 per share is payable on September 24, 2021, to shareholders of record as of the close of business on September 1, 2021. A new indicated annual dividend rate of $1.08 per share yields 1.9% at a stock price of $56.73. “We are pleased to announce our 50th consecutive year of increased cash dividends paid to shareholders,” stated Executive Chairman Steven A. Powless. “CSI is one of the few public companies that has increased its cash dividend annually for half a century. Over the past 10 years, our cash dividend has grown at a compounded rate of 15.9%, and our total return to shareholders has averaged more than 21% annually. We believe these records highlight our focus on growing shareh...

Duke Energy (DUK) will raise its quarterly dividend by 2.1 percent to $0.985 per share in 2021. This matches the 2.1 percent dividend hike by the utility company announced last year and marks the 17th consecutive year of dividend increases. The next dividend is payable on September 16, 2021, to shareholders of record at the close of business August 13, 2021. A new annual rate of $3.94 per share yields 3.9% at a stock price of $101. Duke Energy has paid a cash dividend on its common stock for 95 consecutive years. Duke Energy Corporation is an energy holding company incorporated on May 3, 2005, headquartered in Charlotte, North Carolina. Duke Energy’s segment structure includes three reportable business segments: Electric Utilities and Infrastructure, Gas Utilities and Infrastructure and Commercial Renewables. The Electric Utilities and Infrastructure unit's regulated utilities serve retail electric customers in six states – North Carolina, South Carolina, Florida, Indiana, Ohio and...

Levi Strauss & Co. (LEVI) will raise its quarterly dividend by another 33.3 percent to 8 cents per share in 2021. This follows a dividend hike of 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. The next dividend will be payable in cash on or after August 18, 2021, to the holders of record of Class A common stock and Class B common stock at the close of business on August 2, 2021. A new annual dividend rate of $0.32 per share yields 1.1% at a stock price of $28.38. Levi Strauss & Co. is a manufacturer of apparel. The company designs and markets jeans, casual wear and related accessories for men, women and children under the Levi's, Dockers, Signature by Levi Strauss & Co., and Denizen br...

John B Sanfilippo & Son (JBSS) will hike its annual dividend by 7.7 percent to 70 cents per share and will also pay another special divdiend in Q2 of 2021. The processor, packager, marketer and distributor of nut and dried fruit based products announced a $2.30 per share special dividend, following a $2.50 special dividend announced in February. Last year the company hiked its annual dividend by 8.3 percent to 65 cents per share and also paid two special dividends ($1.00 and $1.85 per share). The special dividend of $2.30 per share will be paid together with the regular dividend of $0.70 per share on August 25, 2021 to stockholders of record as of the close of business on August 10, 2021. The regular annual dividend of 70 cents per share yields 0.8% at a stock price of $90. John B. Sanfilippo & Son, Inc. is a processor, packager, marketer and distributor of nut and dried fruit based products that are sold under a variety of private brands and under the company’s Fisher, Orchard...

The J. M. Smucker Company (SJM) will raise its quarterly dividend by 10 percent to 99 cents per share in 2021. This follows a dividend hike of 2.3 percent to 90 cents quarterly announced in 2020. This will mark the 20th consecutive year of dividend increases by the food and beverage products company. The increased dividend will be paid on Tuesday, September 1, 2021, to shareholders of record at the close of business on Friday, August 13, 2021. A new annual rate of $3.96 per share yields 3.0% at a stock price of $131. The J.M. Smucker Company is a leading marketer and manufacturer of consumer food and beverage products and pet food and pet snacks in North America. The company owns a portfolio of 40+ brands which are found in 90 percent of U.S. homes and countless restaurants. In consumer foods and beverages, its brands include Smucker's, Folgers, Jif, Dunkin' Donuts, Crisco, Pillsbury, R.W. Knudsen Family, Hungry Jack, Café Bustelo, Martha White, truRoots, Sahale Snacks, Robin H...

HighPeak Energy, Inc. (“HighPeak” or the “Company”) (NASDAQ: HPK) today announced that its Board of Directors has approved a quarterly dividend of $0.025 per share of common stock outstanding. The Board of Directors also approved a special dividend of $0.075 per share of common stock outstanding. The dividends will be paid on July 26, 2021, to stockholders of record as of the close of business on July 15, 2021. The Company currently has approximately 92.7 million shares of common stock outstanding. Jack Hightower, HighPeak’s Chairman and CEO, said, “The Board elected to initiate a quarterly dividend program after considering the success of the Company’s development drilling program. The Company is well capitalized and expects its drilling program to be cash flow positive as early as next year assuming well performance continues to meet our expectations and commodity prices remain relatively constant. If the Company continues its current course, we believe we could maintain a conservati...

On July 6, 2021, Five Star Bancorp (FSBC) initiated a quarterly dividend of $0.15 per share. This first ever dividend will be paid on July 20, 2021. The ex-dividend date is July 12, 2021.  Five Star is a bank holding company headquartered in Rancho Cordova, California. Five Star operates through its wholly owned banking subsidiary, Five Star Bank. Five Star Bank has seven branches and one loan production office in Northern California.

Costamare (CMRE) will raise its quarterly dividend by 15 percent to $0.115 per share in 2021. This is the first increase in years by the containership company and follows a dividend cut of 65.5 percent from $0.29 to $0.10 per share in 2016. This means the current dividend is much lower than the dividend paid through 2015 prior to the dividend cut. The next dividend for the common stock is payable on August 5, 2021, to holders of record of common stock as of July 20, 2021. A new annual dividend rate of 46 cents per share yields 4.6% at a stock price of $11.79. Costamare Inc. owns and charters containerships to liner companies worldwide. The company has 47 years of history in the international shipping industry and a fleet of 81 containerships, with a total capacity of approximately 581,000 TEU. The Company's fleet of vessels includes Cosco Guangzhou, Titan, Cosco Yantian, Valor, Valiant and Maersk Kobe. Its subsidiaries include Adele Shipping Co., Bastian Shipping Co., Cadence ...

Shenandoah Telecommunications Company (SHEN) will pay a special cash dividend of $18.75 per share in 2021. This comes after a dividend hike of 17.2 percent last year and a 7.4 percent hike to 29 cents per share in 2019. The annual dividend rate of 34 cents yields 0.6% at a stock price of $56.81. The special dividend will yield 33%. The special dividend is payable on August 2, 2021 to shareholders of record as of the close of business on July 13, 2021. In accordance with NASDAQ rules, the ex-dividend date will be August 3, 2021, the first business day after the payment date.   The Company currently expects approximately $19.6 million of the special dividend to be reinvested in shares of the Company’s common stock via the Company’s Dividend Reinvestment Plan. The reinvested dividends are expected to be used to purchase shares of the Company’s common stock in market transactions during the thirty days following the dividend payment date. The total payout to Shentel shareholders, ...

Essential Utilities, Inc. (WTRG), formerly Aqua America (WTR) will raise its quarterly dividend by another 7 percent to $0.2682 per share in 2021. This follows similar dividend increases by the water utility in each of the past four years. The next dividend is payable September 1, 2021 to all shareholders of record on August 13, 2021. A new annualized dividend rate of $1.07 per share yields 2.3% at a stock price of $47. This marks the 31 st dividend increase in the past 30 years, and the company has paid a consecutive quarterly cash dividend for more than 75 years. Following the increase, the annualized dividend rate will be $1.0728 per share. The company’s targeted dividend payout ratio continues to be 60 to 65% of net income. “We are proud of our commitment to providing safe and reliable access to natural resources while continuing our long history of paying consistent and growing dividends,” said Essential Chairman and CEO Christopher Franklin. “Our focus on operational excellence,...

Bank OZK (OZK) will raise its quarterly dividend by another 1.8 percent to 28.5 cents per share in Q3 of 2021. This follows a dividend hike of 0.9 percent to $0.28 per share in the second quarter of 2021. Bank OZK has increased its dividend 23 consecutive years with four dividend hikes announced in 2020. This marks the 3rd dividend hike announced in 2021 for a total increase of 3.6 percent. The next dividend is payable July 19, 2021 to shareholders of record as of July 12, 2021. A new annualized dividend rate of $1.14 per share yields 2.7% at a stock price of $42.30.  Last year Bank OZK announced four dividend hikes for a total increase of exactly 10.0 percent. This marked 11 years of double digit dividend growth for the company with an average dividend hike of no less than 22.0 percent during that course. Bank OZK now pays its shareholders an estimated $146 million in dividends annually if we include this new dividend hike just announced. Bank OZK, formerly Bank of the Ozarks, Inc...

Glacier Bancorp (GBCI) will raise its quarterly dividend by another 3.2 percent to $0.32 per share in Q3 of 2021. This follows a dividend hike of 3.3 percent to 31 cents per share earlier in 2021. Last year the bank paid a special dividend of 15 cents per share in Q1 of 2020. Earlier in 2020 the company announced a 3.4 percent dividend increase to 30 cents per share quarterly. In 2019 the banking company hiked its dividend by 11.5 percent and also announced a special dividend of 20 cents per share, paid on January 16, 2020. Glacier Bancorp has now announced a dividend hike for 10 consecutive years. The next dividend is payable on July 22, 2021, to owners of record on July 13, 2021. The regular annual rate of $1.28 per share yields 2.3% at a stock price of $56. Glacier has declared 145 consecutive quarterly dividends and has increased the dividend 48 times. The average dividend growth rate for the last five years is 9.9 percent annually for Glacier Bancorp. The company pays shareholders...

PNC Financial Services Group (PNC) will raise its quarterly dividend by 8.7 percent to $1.25 per share in 2021. This follows a dividend hike of 21.1 percent to $1.15 per share announced two years ago in 2019. This marks the 11th consecutive year of higher dividends by the financial services company based on calendar years. The next dividend will be payable August 5, 2021 to shareholders of record at the close of business July 16, 2021. A new annual dividend rate of $5.00 per share yields 2.6% at a stock price of $191. PNC Financial Services Group hiked its quarterly dividend by double digits three times in the last five years. Last year no dividend hike was announced during the covid-19 pandemic. Based on calculations by dividendhike.com the financial services company now pays an estimated $2.1 billion in dividends to shareholders annually. The PNC Financial Services Group, Inc. is a diversified financial services company.  The company has businesses engaged in retail banking, incl...