Dividend Track Records

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.

 0.10 per share

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.

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...

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 ...

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...

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...

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...

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...