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Showing posts from August, 2021

Greif hikes dividend by 4.5%

Greif Inc (GEF) will raise its quarterly dividend by 4.5 percent to 46 cents per share in 2021. This is the first dividend hike by the producer of industrial packaging products and services since 2018. The next GEF dividend of 46 cents quarterly is payable on October 1, 2021, to shareholders of record at the close of business on September 17, 2021. The new annual dividend yields 2.8% at a stock price of $65.68. "We are pleased that our Board of Directors approved this action," said Larry Hilsheimer, Greif's Executive Vice President and Chief Financial Officer. "The increased dividend is a reflection of the Board's confidence in Greif's financial strength and is an example of our continued commitment to returning capital to shareholders." Greif, Inc. is a producer of industrial packaging products and services. produces steel, plastic and fibre drums, intermediate bulk containers, reconditioned containers, flexible products, containerboard, uncoated recycl...

Summit Financial hikes dividend by 5.9%

Ubiquiti hikes dividend by 50%

New Fortress Energy initiates dividend

Williams-Sonoma hikes dividend by 20.3%

Specialty home products retailer Williams-Sonoma (WSM) will raise its quarterly cash dividend for the second time in 2021 with a new 20.3 percent increase to 71 cents per share. This follows a dividend hike of 11.3 percent to 59 cents quarterly announced in April 2021. The year 2021 will mark 15 consecutive years of dividend increases by WSM.  The next quarterly WSM dividend is payable on November 26, 2021 to stockholders of record as of the close of business on October 22, 2021. A new annual rate of $2.84 per share yields 1.6% to Williams-Sonoma shareholders at a stock price of $182. Williams-Sonoma, Inc. is a specialty retailer of products for the home. These products are marketed through e-commerce websites, direct mail catalogs and retail stores. Williams-Sonoma, Inc. currently operates in the United States, Canada, Australia and the United Kingdom, offers international shipping to customers worldwide, and has unaffiliated franchisees that operate stores in the Middle East and ...

National Storage Affiliates hikes dividend by 7.9%

National Storage Affiliates Trust (NSA) will raise its quarterly dividend by another 7.9 percent to 41 cents quarterly. This follows a dividend hike of 8.6 percent to 38 cents per share announced by NSA in June 2021. This comes after a double dividend hike for a total increase of 6.1 percent announced by the self storage REIT last year. The increased NSA dividend of $0.41 per share for Q3 is payable on September 30, 2021 to shareholders of record on September 15, 2021. A new annual rate of $1.64 per share for NSA yields 2.8% at a stock price of $58. National Storage Affiliates Trust will now pay an estimated annual dividend of $126 million to its shareholders. National Storage Affiliates Trust is a real estate investment trust focused on the ownership, operation and acquisition of self-storage properties located within metropolitan areas throughout the United States. The company owns and operates 735 self storage properties located in 35 states and Puerto Rico with approximately 47 mil...

Altria hikes dividend by 4.7%

Tobacco company Altria Group, Inc. (MO) will increase its quarterly dividend by 4.7 percent to 90 cents per share in 2021. This comes after a dividend hike of 2.4 percent to 86 cents per share in 2020 and marks the 52nd consecutive year of annual dividend increases by the Dividend Aristocrat. The next MO dividend will be paid on October 12, 2021 to shareholders of record on September 15, 2021. The next Altria ex-dividend date is September 14, 2021. The new annualized dividend rate of $3.60 per common share represents a yield of 7.1% based on Altria’s stock price of $50.56. Altria Group, Inc. is a holding company incorporated in the Commonwealth of Virginia in 1985. Altria’s wholly-owned subsidiaries include Philip Morris USA Inc., U.S. Smokeless Tobacco Company LLC, John Middleton Co., Nu Mark LLC, Ste. Michelle Wine Estates Ltd. and Philip Morris Capital Corporation. Altria's tobacco brands include Marlboro, Black & Mild, Copenhagen, Skoal, MarkTen and Green Smoke. Altria also...

Capital City Bank Group hikes dividend by 6.7%

Eastgroup Properties hikes dividend by 13.9%

EastGroup Properties (EGP) will raise its quarterly dividend by 13.9 percent to 90 cents per share in 2021. This comes after a dividend hike of 5.3 percent to 79 cents per share in 2020. This will mark the 26th consecutive year of dividend increases by the real estate investment trust. The next EGP dividend is payable on October 15, 2021 to shareholders of record on September 30, 2021. A new annual rate of $3.60 per share yields 2.0% to EastGroup Properties shareholders at a stock price of $175. The next ex-dividend date for EGP is September 29, 2021. EastGroup Properties, Inc. is a self-administered equity real estate investment trust focused on the development, acquisition and operation of industrial properties in major Sunbelt markets throughout the United States with an emphasis in the states of Florida, Texas, Arizona, California and North Carolina. Its strategy for growth is based on its property portfolio orientation toward premier business distribution facilities clustered near...

TFS Financial hikes dividend by 0.9%

Lam Research hikes dividend by 15.4%

Lam Research Corp (LRCX) will raise its quarterly dividend by 15.4 percent to $1.50 per share in 2021. This follows a dividend hike of 13.0 percent to $1.30 per share in 2020. The semiconductor company has now raised its dividend for 7 consecutive years since the first dividend was paid in 2014. The next LRCX dividend of $1.50 per share will be paid on October 13, 2021 to holders of record on September 28, 2021. A new annual dividend rate of $6.00 per share yields 1.0% to Lam Research shareholders at a stock price of $610. The next ex-dividend date for LRCX stock is September 27, 2021. Lam Research Corporation is a supplier of wafer fabrication equipment and services to the semiconductor industry. The company's products are used in a variety of electronic products, including mobile phones, personal computers, servers, wearables, automotive devices, storage devices, and networking equipment.  Lam's customer base includes leading semiconductor memory, foundry, and integrated devi...

RMR Group pays special dividend

The RMR Group Inc. (RMR) will pay a special dividend of $7.00 per share. The company last raised its quarterly dividend by 8.6 percent to $0.38 per share in 2019. This followed a 40.0 percent increase in 2018 and at the time marked the second consecutive year of higher dividends paid by the holding company. Based on the current number of shares outstanding, the special cash dividend is expected to result in an aggregate distribution of approximately $220 million. The special dividend will be paid to RMR’s shareholders of record as of the close of business on September 6, 2021 and distributed on or about September 16, 2021. The special dividend alone yields 15.8% at a stock price of $44.30 for RMR. The regular quarterly dividend yields 3.4%. Adam Portnoy, RMR President and Chief Executive Officer, made the following statement: “Returning excess capital to shareholders in the form of this $7.00 per share special dividend is a key component of RMR’s capital allocation strategy and ref...

Intuit hikes dividend by 15.3%

Intuit (INTU) will raise its quarterly dividend by 15.3 percent to 68 cents quarterly. This comes after a 11.3 percent hike to 59 cents per share in 2020 and marks the 10th consecutive year of dividend increases by the US financial software company. The next dividend will be paid on October 18, 2021 to shareholders of record on October 11, 2021. A new annualized rate of $2.72 per share yields 0.5% at a stock price of $555 for INTU. After this new dividend hike Intuit will pay an estimated annual dividend amount of $745 million to shareholders. The company has been raising its dividend by double digits every year since a 15 cent per share quarterly dividend was initiated back in August 2011. Intuit announced its biggest dividend increase in 2014, when the quarterly dividend was boosted by 31.6 percent from 19 cents to 25 cents per share. The company also hiked its dividend by more than 20 percent in both 2015 and 2018. Last year's 11.3 percent dividend that was just announced is the...

Dick's Sporting Goods hikes dividend by 20.7% and pays special dividend

DICK'S Sporting Goods, Inc. (DKS) will raise its quarterly dividend by another 20.7 percent and will also pay a special dividend of $5.50 per share in 2021. This is the second dividend hike announced by DKS in 2021 for a total increase of 40 percent. This puts the dividend above the previous record level of 31.25 cents quarterly before the COVID-19 related suspension in 2020. Both the special and regular quarterly dividends are payable in cash on September 24, 2021, to stockholders of record at the close of business on September 10, 2021. The new annual dividend rate of $1.75 per share yields 1.4% at a stock price of $129.60. The special dividend will yield 4.2% at the current stock price. DKS stock is up 130 percent year-to-date touching fres all time highs this week. Last year DKS stock hit a pandemic low of less than $20 before the big rebound started. DICK'S Sporting Goods, Inc. is an omni-channel sporting goods retailer offering an assortment of sports equipment, apparel, ...

Heartland Express pays special dividend

First Keystone pays special dividend

First American Financial hikes dividend by 10.9%

First American Financial Corporation (FAF) will raise its quarterly dividend by 10.9 percent to 51 cents per share in 2021. This follows a double dividend hike in 2020 for a total increase of almost 10 percent. The provider of title insurance, settlement services and risk solutions for real estate transactions has now raised its dividend 10 straight years. The next cash dividend is payable on September 15, 2021 to FAF shareholders of record as of September 8, 2021. The new $2.04 per share annual dividend yields 2.7% at a stock price of $69.30. “Our decision to increase the dividend and our repurchase authorization reflects our confidence in the outlook for our business over both the short-term and the long-term,” said Dennis J. Gilmore, chief executive officer at First American Financial Corporation. “It also demonstrates our long-standing commitment to returning capital to stockholders.” First American Financial Corporation is a provider of title insurance, settlement services and ris...

Avnet hikes dividend by 9.1%

Avnet (AVT) will raise its quarterly dividend by 9.1 percent to 24 cents quarterly. This follows a dividend hike of 4.8 percent to 22 cents per share announced earlier in 2021. The company did not hike its dividend in 2020 but makes up for this with a total hike of 14.3 percent YTD. The next dividend will be paid on September 21, 2021 to shareholders of record as of the close of business on September 7, 2021. A new annual rate of 96 cents per share yields 2.4% at a stock price of $40. “We are pleased to announce an increase in our quarterly dividend, furthering our commitment to delivering sustainable shareholder returns as part of our balanced capital allocation strategy,” said Avnet Chief Executive Officer Phil Gallagher. “This increase follows strong performance in our 2021 fiscal year and is a reflection of our confidence in our financial position, robust cash generation and ability to promote continued growth and value creation for Avnet stakeholders.” Avnet, Inc. is a technology ...

Alpine Income Property Trust hikes dividend by 2%

Camping World hikes dividend by 100%

Camping World Holdings (CWH) will raise its quarterly dividend by another 100 percent to $0.50 per share in Q3 of 2021. This marks the third dividend hike by CWH in 2021 for a whopping total increase of 455.6 percent.  Payment of the next CWH dividend is expected to be made on September 28, 2021, to stockholders of record at the close of business on September 14, 2021. The Company’s regular dividend will increase from $0.25 per share to $0.50 per share on a quarterly basis, and from $1.00 per share to $2.00 per share on an annualized basis. This yields 5.4% to shareholders of Camping World. Marcus Lemonis, Chairman and Chief Executive Officer stated, “We are pleased with our strong performance and disciplined cash management and remain focused on our long-term profitable growth and ability to consistently return capital to our stockholders on a go forward basis, evidenced by the 100% increase in our annualized dividend to $2.00 per share.” As increased, the CWH Class A common ...

New Residential hikes dividend by 25%

Extra Space Storage hikes dividend by 25%

Extra Space Storage Inc. (EXR) will raise its quarterly dividend by another 25 percent to $1.25 per share in Q3 of 2021. This follows a dividend hike of 11.1 percent to $1.00 per share earlier in 2021. The self-storage REIT has raised its dividend 11 consecutive years with an average dividend growth rate of 9.9 percent annually in the last five years. The increased EXR dividend is payable on September 30, 2021 to stockholders of record at the close of business on September 15, 2021. A new annualized dividend rate of $5.00 per share yields 2,8% at Monday's closing stock price of $177.40. Extra Space Storage Inc. is a self-administered and self-managed real estate investment trust (REIT). The Company owns, operates, manages, acquires, develops and redevelops self-storage properties located throughout the United States. EXR is the second largest owner and/or operator of self-storage properties in the United States and is the largest self-storage management company in the United States...

Dacotah Banks hikes dividend by 12.5%

Amerco pays special dividend

Peoples Bancorp of North Carolina hikes dividend by 6.3%

Cable One hikes dividend by 10%

Cable One, Inc. (CABO) will raise its quarterly dividend by 10.0 percent to $2.75 per share in 2021. This comes after a dividend hike of 11.1 percent to $2.50 per share in 2020 and will mark 5 consecutive years of dividend increases by the cable company and broadband communications provider. The next dividend is payable on September 17, 2021, to stockholders of record at the close of business on August 31, 2021. A new annual dividend rate of $11.00 per share yields 0.5% at a stock price of $2045. Cable One, Inc. is a cable company and broadband communications provider. The company offers products, including Residential Video Services, Residential Data Services, Residential Voice Services, Business Services and Advertising. Cable One provides consumers with communications and entertainment services, including high-speed internet and advanced Wi-Fi solutions, cable television and phone service. Cable One Business provides scalable and cost-effective products for businesses ranging in siz...

United Bancorp hikes dividend by 1.7%

MGE Energy hikes dividend by 4.7%

MGE Energy (MGEE) will raise its quarterly dividend by 4.7 percent to 38.75 cents per share in 2021. This follows a dividend hike of 5.0 percent to 37 cents per share in 2020 and marks the 46th consecutive year of dividend increases by the utility. The next dividend is payable September 15, 2021, to shareholders of record September 1, 2021. A new annual rate of $1.55 per share yields 1.88% at a stock price of $82.46 for MGEE. The next ex-dividend date is August 31, 2021. "Today’s dividend increase marks the company's 46th consecutive year of increasing its dividend, an accomplishment that everyone at MGE Energy can be proud of. We recognize the importance of dividend growth to the overall shareholder value proposition," Chairman, President and CEO Jeff Keebler said. "Today’s action by our board reinforces our long record of shareholder value through dividends and dividend growth and demonstrates the continued strength and resilience of MGE Energy's long-term busi...

American Financial Group hikes dividend by 12%

American Financial Group, Inc. (AFG) will raise its quarterly dividend by 12 percent to 56 cents per share in 2021. Last year AFG raised its quarterly dividend by 11.1 percent to 50 cents per share. The insurance holding company also paid out several special dividends since. The next AFG regular dividend of $0.56 per share has to be declared officially and is expected to be paid in October. The new regular annual dividend rate of $2.24 per share yields 1.7% at a stock price of $132. S. Craig Lindner and Carl H. Lindner III, AFG’s Co-Chief Executive Officers, issued this statement: “Returning excess capital to shareholders in the form of dividends is an important and effective component of AFG’s capital management strategy. This increase in AFG’s annual dividend reflects our confidence in the Company’s financial condition, liquidity, and prospects for long-term growth.” American Financial Group is an insurance holding company, based in Cincinnati, Ohio. Through the operations of Great A...

Dillard's hikes dividend by 33.3%

Dillard’s, Inc. (DDS) will raise its quarterly dividend by 33.3 percent to 20 cents per share in 2021. This follows a dividend hike of 50.0 percent to $0.15 per share in 2019 and marks the 11th consecutive increase on an annualized basis. The next dividend is payable on the Company’s Class A and Class B Common Stock on November 1, 2021 to shareholders of record as of September 30, 2021. A new annual rate of 80 cents per share yields 0.4% at a stock price of $193.50. Dillard's, Inc. is a retailer of fashion apparel, cosmetics and home furnishings. The Company's retail operations segment includes the retail department stores. The construction segment includes the operations of CDI Contractors, LLC (CDI), a general contracting construction company. CDI's business includes constructing and remodeling stores for the Company. Dillard's operates its department stores primarily in the southwest, southeast and midwest regions of the United States.

Cboe Global Markets hikes dividend by 14.3%

Cboe Global Markets (CBOE) will raise its quarterly dividend by 14.3 percent to 48 cents per share in 2021. This comes after a dividend hike of 16.7 percent to 42 cents per share in 2020 and marks 11 straight years of increases for CBOE. The next dividend will be paid on September 15, 2021 to shareholders of record on August 31, 2021. The new annualized dividend rate of $1.92 per share yields 1.5% at a stock price of $127.62. The next ex-dividend date for CBOE is August 30, 2021. Cboe Global Markets, Inc., formerly CBOE Holdings, Inc., operates markets that offer options trading on various market indexes and futures contracts.  The company's subsidiaries include Chicago Board Options Exchange (CBOE), CBOE Futures Exchange (CFE), C2 Options Exchange (C2), Market Data Express and Chicago Options Exchange Building Corporation. Cboe Global Markets is headquartered in Chicago with a network of domestic and global offices across the Americas, Europe and Asia, including main hubs in New Y...

Tapestry reinstates dividend

Tapestry, Inc. (TPR), the owner of luxury accessories and lifestyle brands, will reinstate its quarterly dividend at a lowered rate of 25 cents per share. The company formerly known as Coach suspended its quarterly dividend in 2020 because of the COVID-19 pandemic. Tapestry had paid a dividend since 2009. The last dividend hike dates back to 2013 when the payout was increased by 12.5 percent. In its press release the company announces the dividend and mentions that it intends to hike the dividend. "Tapestry declared a quarterly cash dividend of $0.25 per common share payable on September 27, 2021 to shareholders of record as of the close of business on September 7, 2021, with an anticipated annual dividend rate of $1.00 per share. Over time, the Company intends to increase its dividend at a faster rate than earnings growth. Further, the Company intends to repurchase approximately $500 million worth of stock in Fiscal 2022 under its current authorization. Taken together, Tapestry p...

Macy's reinstates dividend

Macy's, Inc. (M) will again start paying quarterly dividends, however this will be at a lower rate than previously with $0.15 per share. In 2020 M suspended its quarterly dividend. The fashion retailer last hiked its dividend by 4.9 percent to $0.3775 per share in 2016 and did not announce dividend hikes in the last years before the COVID-19 suspension in 2020. The next dividend of 15 cents will be paid on October 1, 2021 to shareholders of record on September 15. The ex-dividend date is September 14, 2021 and M currently yields 2.8% at a stock price of $21.61. Macy’s, Inc. operates stores in the United States, the District of Columbia, Puerto Rico and Guam. The company's operations are conducted through Macy's, Bloomingdale's, Bloomingdale’s The Outlet, Macy’s Backstage, and bluemercury. In addition, Bloomingdale's in Dubai, United Arab Emirates and Al Zahra, Kuwait are operated under license agreements with Al Tayer Insignia, a company of Al Tayer Group, LLC. The ...

Wyndham Hotels & Resorts hikes dividend by 50%

Wyndham Hotels & Resorts, Inc. (WH) will hike its dividend by another 50 percent to 24 cents quarterly. Earlier this year the dividend was doubled from 8 cents to 16 cents. Last year however WH cut its dividend from 32 cents to 8 cents. Wyndham Hotels & Resorts is the world's largest hotel franchising company by the number of properties, with hotels across countries on six continents. Wyndham commands a leading presence in both the economy and midscale segments of the lodging industry. The company operates a portfolio of 20 hotel brands, including Super 8, Days Inn, Ramada, Microtel Inn & Suites, La Quinta, Wingate, AmericInn, Hawthorn Suites, The Trademark Collection, and Wyndham. Wyndham Hotels & Resorts is also a leading provider of hotel management services. Wyndham Hotels & Resorts was separated from Wyndham Worldwide (now Wyndham Destinations) in 2018.

Altabancorp hikes dividend by 13.3%

Marathon Oil hikes dividend by 25%

Comfort Systems USA hikes dividend by 4.3%

Enviva Partners hikes distribution by 3.8%

Bankwell Financial Group hikes dividend by 28.6%

Willis Towers Watson hikes dividend by 12.7%

Sturm Ruger hikes dividend by 16.3%

VICI Properties hikes dividend by 9.1%

Fresh Del Monte hikes dividend by 50%

IF Bancorp hikes dividend by 16.7%

Wendy's hikes dividend by 20%

Nordson hikes dividend by 30.8%

Winnebago Industries hikes dividend by 50%

Winnebago Industries, Inc. (WGO) will hike its dividend by 50 percent to 18 cents per share quarterly. The next quarterly cash dividend of $0.18 per share is payable on September 29, 2021, to common stockholders of record at the close of business on September 15, 2021. With this announcement, Winnebago Industries has paid a quarterly cash dividend to common stockholders of record for the last 29 quarters. “We are pleased to significantly increase the dividend for our shareholders,” said Winnebago Industries Chief Financial Officer Bryan Hughes. “This action further reflects the company’s strong financial position and the sustained appeal of our portfolio of premium outdoor lifestyle brands which leads to a high level of confidence in our future.”

Rocky Brands hikes dividend by 10.7%

Service Corporation hikes dividend by 9.5%

Consumers Bancorp hikes dividend by 6.7%

Kelly Services reinstates dividend

Lear Corp hikes dividend by 100%

Martin Marietta Materials hikes dividend by 7%

Broadridge Financial hikes dividend by 11.3%

Wheaton Precious Metals hikes dividend by 7.1%

United Community Banks hikes dividend by 5.3%

Badger Meter hikes dividend by 11.1%

Foot Locker hikes dividend by 50%

Muncy Bank Financial hikes dividend by 2.8%

Marten Transport pays special dividend

Marten Transport (MRTN) will pay another special dividend of $0.50 per share in 2021. Last year the company raised its quarterly dividend by 33.3 percent to $0.04 per share and paid a special dividend of 50 cents. The next dividend for a total of 54 cents (special and regular quarterly dividend) will be payable on October 4, 2021 to stockholders of record at the close of business on September 20, 2021. The regular annual dividend of 16 cents per share yields 1.1% at a stock price of $15.40. Marten Transport, with headquarters in Mondovi, Wis., is a temperature-sensitive truckload carrier in the United States. The company is specialized in transporting and distributing food and other consumer packaged goods that require a temperature-controlled or insulated environment. Marten offers service in the United States, Canada and Mexico, concentrating on expedited movements for high-volume customers. The company has paid a dividend every year since 2010.

Group 1 Automotive hikes dividend by 3%

Old Point Financial hikes dividend by 8.3%

Monro hikes dividend by 8.3%

Monro Inc. (MNRO) will raise its quarterly dividend by another 8.3 percent to 26 cents per share. This follows a dividend hike of 9.1 percent to 24 cents per share in the previous quarter. The next dividend will be payable on September 7, 2021 to shareholders of record as of August 23, 2021. A new annual rate of $1.04 per share yields 1.9% at a stock price of $55.66. Monro, Inc., formerly Monro Muffler Brake, Inc., operates a chain of stores providing automotive undercar repair and tire services in the United States, operating under the brand names of Monro Muffler Brake and Service, Mr. Tire, Tread Quarters Discount Tires, Autotire, Tire Warehouse, Tire Barn, Ken Towery’s Tire and Auto Care, The Tire Choice and Car-X. Monro’s stores provide a full range of services for brake systems, steering and suspension systems, tires, exhaust systems and many vehicle maintenance services and certain locations specialize in providing commercial tire and maintenance services. Through Tires Now, the...

Stock Yards Bancorp hikes dividend by 3.7%

Westlake Chemical hikes dividend by 10.2%

Westlake Chemical Corporation (WLK) will raise its quarterly dividend by 10.2 percent to 29.75 cents per share in 2021. This follows a 2.9 percent dividend hike by the global manufacturer and marketer of basic chemicals, vinyls, polymers and building products last year. The next dividend will be payable on September 8, 2021. The dividend yield for WLK is 1.4%. Westlake Chemical Corporation is a manufacturer and supplier of petrochemicals, polymers and building products with headquarters in Houston, Texas. The company's range of products includes: ethylene, polyethylene, styrene, propylene, chlor-alkali and derivative products, PVC suspension and specialty resins, PVC Compounds, and PVC building products including siding, pipe, fittings and specialty components, windows, fence, deck and film. The company's operating segments are Olefins and Vinyls. Westlake Chemical began operations in 1986 after its first polyethylene plant, an Olefins segment business, near Lake Charles, Louis...

Warner Music Group hikes dividend by 25%

Warner Music Group Corp. (WMG) will hike its dividend by 25 percent to 15 cents in 2021. Last year the company announced a first quarterly dividend since the company became publicly traded June 2021.  The next dividend is payable on September 1, 2021, to stockholders of record as of the close of business on August 25, 2021. The new dividend yield for WMG is 1.7%. Warner Music Group (WMG) is a music entertainment company. WMG operates in more than 70 countries through a network of affiliates and licensees. The company’s Recorded Music division includes the labels Asylum, Atlantic, Big Beat, Canvasback, Elektra, Erato, First Night, Fueled by Ramen, Nonesuch, Parlophone, Reprise, Rhino, Roadrunner, Sire, Spinnin’, Warner Records, Warner Classics and Warner Music Nashville. WMG’s music publishing arm, Warner Chappell Music, has a catalog of more than 1.4 million musical compositions. Warner Music Group is also home to ADA, the independent artist and label services company, as well as c...

Organon initiates dividend

Science-based global pharmaceutical company.Organon & Co. (ticker: ORN) will start paying a quarterly dividend to shareholders. Organon was spun-off from Merck (MRK) on June 2, 2021. Organon announced that its Board of Directors declared a quarterly dividend of $0.28 for each issued and outstanding share of the company's common stock. The dividend is payable on September 13, 2021 to stockholders of record at the close of business on August 23, 2021. Organon (NYSE: OGN) is a global healthcare company formed through a spin-off from Merck, (NYSE: MRK) known as MSD outside of the United States and Canada, to focus on improving the health of women throughout their lives. Here for her health, the company has a portfolio of more than 60 medicines and products across a range of therapeutic areas. Led by the reproductive health portfolio coupled with an expanding biosimilars business and stable franchise of established medicines, Organon’s products produce strong cash flows that will su...

Organon initiates dividend

Tyson Foods hikes dividend by 3.4%

Cheniere Energy Partners hikes distribution by 0.8%

Cheniere Energy Partners (CQP) will raise its quarterly distribution by another 0.8 percent to $0.665 per unit in the third quarter of 2021. The next distribution will be paid on August 13, 2021. The next ex-date for CQP is August 5, 2021. The dividend yield jumps to 6.6%. 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 ...

Veritex Holdings hikes dividend by 17.6%

Veritex Holdings (VBTX) will raise its quarterly dividend by 17.6 percent to 20 cents per share in 2021. This comes after a dividend hike of 36.0 percent to $0.125 per share announced early in 2020. In 2019 the bank holding company started paying quarterly dividends. The next dividend is payable on August 19, 2021, to stockholders of record as of August 5, 2021. The estimated dividend yield for VBTX is 2.3% at a stock price of $34.63. The next ex-dividend date for VBTX is August 4, 2021. Veritex Holdings, Inc. is a bank holding company that conducts banking activities through its wholly-owned subsidiary, Veritex Community Bank, with locations throughout the Dallas-Fort Worth metroplex and in the Houston metropolitan area. Veritex Community Bank is a Texas state chartered bank regulated by the Texas Department of Banking and the Board of Governors of the Federal Reserve System. The company initiated a quarterly dividend in 2019.

OFG Bancorp hikes dividend by 50%

CyrusOne hikes dividend by 2%

CyrusOne Inc (CONE) will raise its quarterly dividend by another 2.0 percent in 2021. This follows an 2.0 percent dividend hike to $0.51 per share in 2020 and marks the 8th consecutive year of dividend increases by the data center REIT. The increased dividend of $0.52 per share will be paid on October 8, 2021 to stockholders of record at the close of business on September 24, 2021. A new annual dividend rate of $2.08 per share yields 2.8% at a stock price of $74.21. CyrusOne Inc. is a real estate investment trust. The company owns, operates, and develops enterprise-class, carrier-neutral and multi-tenant data center properties. The company's data centers are generally purpose-built facilities with redundant power and cooling. The CyrusOne National IX Platform (the National IX Platform) delivers interconnection across states and between metro-enabled sites. CONE has data centers in the United States, London and Singapore and has paid a dividend to shareholders every year since 2013.

BancorpSouth hikes dividend by 5.3%

Fox Corporation hikes dividend by 4.3%

Fox Corporation (FOXA) will hike its semi-annual dividend by 4.3 percent to 24 cents per share in 2021. The media company started paying a semi-annual dividend of $0.23 per share in 2019.  The next ex-date is August 31, 2021. An indicated annualized dividend rate of 48  cents per share yields 1.3% at a stock price of $36.51. Fox Corp went public in 2019. Fox Corporation produces and distributes compelling news, sports and entertainment content through its domestic brands including: FOX News, FOX Sports, the FOX Network, and the FOX Television Stations. Fox operates through three segments: Cable Network Programming, Television and Other, Corporate and Eliminations. The company went public in 2019 and initiated a semi-annual dividend shortly afterwards.

Terreno Realty hikes dividend by 17.2%

Federal Realty Investment Trust hikes dividend by 0.9%

Federal Realty Investment Trust (FRT) will raise its quarterly dividend by 0.9 percent to $1.07 per share in 2021. This comes after another small dividend hike of 1.0 percent to $1.06 per share in 2020 and marks 54 consecutive years of dividend increases. The next common dividend will be payable on October 15, 2021, to common shareholders of record on September 22, 2021. A new annual rate of $4.28 per share yields 3.6% at a stock price of $119. This increase represents the 54th consecutive year that Federal Realty has increased its common dividend, the longest record of consecutive annual dividend increases in the REIT sector. Federal Realty Investment Trust is an equity real estate investment trust (REIT). The Company specializes in in the ownership, operation and redevelopment of high-quality retail based properties located primarily in major coastal markets from Washington, D.C. to Boston as well as San Francisco and Los Angeles. The company claims it has the longest record of c...

RPT Realty hikes dividend by 60%

Steris hikes dividend by 7.5%

STERIS plc (STE) will raise its quarterly dividend by 7.5 percent to 43 cents per share in 2021. This follows a dividend hike of  8.1 percent to 40 cents per share quarterly announced in 2020. This will mark the 16th consecutive year of dividend increases by the Ireland (Europe) based medical equipment company.  The next dividend is payable September 24, 2021 to shareholders of record at the close of business on September 3, 2021. The new annual dividend of $1.72 per share yields 0.8% at a stock price of $215. The next ex-dividend date for STE stock is September 2, 2021. Including this last 7.5 percent dividend hike STERIS has now hiked its dividend by an average of 9.0 percent annually in the last five years. The company currently pays an estimated $147 million in dividends to shareholders. Dividend growth has been slowing a bit in the last couple of years with the last double digit dividend hike announced in 2017 by STERIS, with a 10.7 percent increase at the time. The best ...

International Bancshares hikes dividend by 9.1%

OTC Markets Group hikes dividend by 20%

BGSF hikes dividend by 20%

Resmed hikes dividend by 7.7%

Resmed (RMD) will raise its quarterly dividend by 7.7 percent to 42 cents per share in 2021. Last year RMD did not announce a dividend hike with a 5.4 percent increase to $0.39 per share in 2019 being the previous increase. The medical devices maker has now raised its quarterly dividend 9 consecutive years. The next dividend will be payable on September 23, 2021 to shareholders of record on August 19, 2021. The new annual dividend of $1.68 per share yields 0.6% at a stock price of $274.69. ResMed Inc. is a holding company. The company is engaged in the development, manufacturing, distribution and marketing of medical devices and cloud-based software applications that diagnose, treat and manage respiratory disorders, including sleep apnea, chronic obstructive pulmonary disease (COPD) and other chronic diseases.

Papa John's hikes dividend by 55.6%

Papa John’s International (PZZA) will raise its quarterly dividend by 55.6 percent to $0.35 per share in 2021. This is the pizza company's first dividend hike announced since 2017.  The increases dividend will be payable August 27, 2021, to shareholders of record at the close of business on August 16, 2021. A new annual dividend rate of $1.40 per share for PZZA yields 1.2% at a stock price of $120. The next ex-dividend date is August 13. Papa John's International, Inc. (Papa John's) operates and franchises pizza delivery and carryout restaurants and, in certain international markets, dine-in and delivery restaurants under the trademark Papa John's. The restaurants offer pizza along with side items, including breadsticks, cheesesticks, chicken poppers and wings, dessert items and canned or bottled beverages.

U.S. Physical Therapy hikes dividend by 8.6%

U.S. Physical Therapy (USPH) will raise its quarterly dividend by another 8.6 percent to 38 cents per share in 2021. This follows a dividend hike of  9.4 percent to $0.35 per share announced earlier in 2021. This marks the 10th consecutive year of dividend increases by the outpatient physical therapy clinics operator. The next dividend will be paid on September 17, 2021 to shareholders of record on August 20, 2021. A new annual rate of $1.52 per share yields 1.3% at a stock price of $113.77. The next ex-dividend date for USPH is August 19, 2021. U.S. Physical Therapy, Inc. operates outpatient physical therapy clinics in The United States. The company's clinics provide preventative and post-operative care for a variety of orthopedic-related disorders and sports-related injuries, treatment for neurologically-related injuries and rehabilitation of injured workers. The company also manages physical therapy facilities for unaffiliated third parties, including hospitals and physician gro...

NewMarket hikes dividend by 10.5%

NewMarket Corporation (NEU) will raise its quarterly dividend by 10.5 percent to $2.10 per share in 2021. This follows a dividend hike of 8.6 percent to $1.90 per share in 2019. The chemicals maker has now raised its dividend three straight calendar years. The next dividend is payable October 1, 2021 to NewMarket shareholders of record at the close of business on September 15, 2021. A new annual rate of $8.40 per share yields 2.6% at a stock price of $328. NewMarket Corporation, through its subsidiaries Afton Chemical Corporation and Ethyl Corporation, develops, manufactures, blends, and delivers chemical additives that enhance the performance of petroleum products. From custom-formulated additive packages to market-general additives, the NewMarket family of companies provides the world with the technology to make engines run smoother, machines last longer, and fuels burn cleaner.

KLA Corp hikes dividend by 16.7%

KLA Corporation (KLAC), formerly KLA-Tencor, will raise its quarterly dividend by 16.7 percent to $1.05 per share in 2021. This follows a 5.9 percent to 90 cents per share last announced in August 2020. The semiconductor company has now raised its dividend 12 consecutive years. The next dividend is payable on September 1, 2021 to KLA shareholders of record as of the close of business on August 16, 2021. A new annualized dividend rate of $4.20 per share yields 1.2% at a stock price of $353. KLA Corporation currently pays approximately $644 million in dividends annually to shareholders. KLA Corporation, formerly KLA-Tencor Corporation, is a supplier of process control and yield management solutions for the semiconductor and related nanoelectronics industries. The company's products are also used in a number of other high technology industries, including the packaging, light emitting diode (“LED”), power device, compound semiconductor, and data storage industries, as well as general m...

International Flavors & Fragrances hikes dividend by 2.6%

International Flavors & Fragrances (IFF) will raise its quarterly dividend by 2.6 percent to 79 cents per share in 2021. This follows a 2.7 percent hike to $0.77 per share in 2020, matching the 2019 dividend hike of 2.7 percent dividend hike. Based on calendar years the company has hiked its dividend for 19 consecutive years. The next dividend is payable on October 5, 2021 to shareholders of record as of September 24, 2021. A new annual rate of $3.16 per share yields 2.1% at a stock price of $151. The next ex-dividend date for IFF is September 23, 2021. International Flavors & Fragrances Inc. creates, manufactures and supplies flavors and fragrances for the food, beverage, personal care, and household products industries. The company operates through three segments: Taste, Frutarom (acquired in 2018) and Scent. Its products are sold to manufacturers of perfumes and cosmetics, hair and other personal care products, soaps and detergents, meat and other processed foods, beverages,...

Dover hikes dividend by 1%

Dividend Aristocrat Dover Corporation (DOV) will raise its quarterly dividend by another 1 percent to 50 cents per share in 2021. This comes after a dividend hike of 1.0 percent to 49.5 cents per share in 2020 and a 2.1 percent hike to $0.49 per share in 2019. This new hike will mark 66 consecutive years of dividend increases. This next dividend will be paid on September 15, 2021, to shareholders of record as of August 31, 2021. A new annual rate of $2.00 yields 1.2% at a stock price of $169.49. After this increase Dover will pay its shareholders approximately $288 million in dividends annually. The 1.0 percent dividend hike matches the smallest announced by the company in many years. Because of the small increases since 2018 the average 5 year dividend growth rate drops to 3.3 percent. The last time Dover hiked its dividend by double digits was in 2012 with a 11.1 percent dividend increase announced at the time. Dover Corporation is a global manufacturer and solutions provider. The co...

Carlisle Companies hikes dividend by 2.9%

Carlisle Companies (CSL) will raise its quarterly dividend by 2.9 percent to 54 cents per share in 2021. This follows a dividend hike of 5.0 percent to 52.5 cents per share in 2020 and marks the 45th consecutive year of annual dividend increases by the industrial company. The next dividend is payable on September 1, 2021 to shareholders of record at the close of business on August 18, 2021. A new annual dividend rate of $2.20 per share yields 1.1% at a stock price of $205.51. The next ex-dividend date for CSL stock is August 17, 2021. Carlisle Companies Incorporated is a manufacturing company. Carlisle’s markets include commercial roofing, specialty polyurethane, aerospace, medical, defense, transportation, industrial, protective coating, auto refinishing, agriculture, mining, and construction.  CSL operates through three segments: Carlisle Construction Materials (CCM), Carlisle Interconnect Technologies (CIT) and Carlisle Fluid Technologies (CFT). Carlisle Companies Incorpora...

Cogent Communications hikes dividend by 3.2%

Outfront Media reinstates dividend

Great Ajax hikes dividend by 10.5%

Switch hikes dividend by 5%

Switch Inc. (SWCH) will hike its dividend by 5 percent in 2021 to 5.25 cents quarterly. Last year the company raised its dividend by 70.1 percent to 5 cents per share quarterly. The technology infrastructure company initiated a dividend in 2017. The dividend will be payable on August 31, 2021 to all stockholders of record as of the close of business on August 19, 2021. A new annual rate of 21 cents yields 0.9% at a stock price of $24.32. The next ex-dividend date for SWCH is August 18, 2021. Switch, the technology infrastructure corporation headquartered in Las Vegas, Nevada is built on the intelligent and sustainable growth of the internet. Switch founder and CEO Rob Roy has developed more than 600 issued and pending patent claims covering data center designs that have manifested into the company's world-renowned data centers and technology solution ecosystems. The Switch Primes located in Las Vegas and Tahoe-Reno, Nevada; Grand Rapids, Michigan; and Atlanta, Georgia are the world...

Chemed hikes dividend by 5.9%

Illinois Tool Works hikes dividend by 7%

Dividend Aristocrat Illinois Tool Works (ITW) will raise its quarterly dividend by 7 percent to $1.22 per share in 2021. This follows a dividend hike of 6.5 percent to $1.14 per share in 2020 and will mark the 50th consecutive year of dividend increases by the industrial company. The next dividend will be paid on Wednesday, October 14, 2021, to shareholders of record as of September 30, 2021. A new annual dividend rate of $4.88 per share yields 2.1% at a stock price of $227.73. Annually the company pays approximately $1.54 billion in dividends to shareholders. Including this year's dividend hike that was just announced the average 5-year dividend growth for Illinois Tool Works drops from 15.7 to 13.4 percent. Illinois Tool Works Inc. is a manufacturer of industrial products and equipment. Its products include fasteners, components, equipment, consumable systems, and a variety of specialty products and equipment. The company operates through seven segments: Automotive OEM, Food Equi...

Phillips Edison initiates dividend

Bowl America pays special dividend

Berry Corporation hikes dividend by 50%

Berry Corporation (BRY), formerly Berry Petroleum, will hike its quarterly dividend by 50 percent to 6 cents per share in 2021. Earlier this year BRY reinstated its dividend with a 4 cent quarterly dividend. Last year the company suspended its quarterly dividend. The company initiated a quarterly dividend of 9 cents per share in August 2018 and hiked its payment once in November 2018 before the 2020 suspension.  The next quarterly dividend of 6 cents per share will be paid on October 15, 2021. The new dividend yield is 4.1%. Berry is a western United States independent upstream energy company with a focus on the conventional, long-lived oil reserves in the San Joaquin basin of California. Berry Corporation became a public company as Berry Petroleum in July 2018 and had been paying a dividend since 2018 prior to the suspension announced in April 2020.

Big 5 Sporting Goods hikes dividend

Clearway Energy hikes dividend by 1.7%

Quaker Houghton hikes dividend by 5.1%

Quaker Houghton (KWR), formerly known as Quaker Chemical (KWR), will raise its quarterly dividend by 5.1 percent in 2021. The increased dividend of 41.5 cents per share is payable on October 29, 2021. The ex-dividend date is October 14, 2021. A new annual rate of $1.66 per share yields 0.6% at a stock price of $253 for KWR. Quaker Houghton, formerly Quaker Chemical, is a global provider of process fluids, chemical specialties, and technical expertise to a wide range of industries, including steel, offshore, metalworking, aluminum, automotive, mining, aerospace, tube and pipe and cans. The company's segments include North America, Europe, Middle East and Africa (EMEA), Asia/Pacific and South America.  Quaker Houghton is headquartered in Conshohocken, Pennsylvania, located near Philadelphia in the United States. The company has paid uninterrupted dividends to shareholders every year since going public in 1972.

Kforce hikes dividend by 13%

Oasis Midstream Partners hikes distribution by 1.8%

Microchip Technology hikes dividend by 5.8%

Microchip Technology (MCHP) will raise its quarterly dividend by another 5.8 percent to 43.7 cents in 2021, marking the 3rd dividend hike announced YTD. This new increase follows a 5.9 percent hike to 41.3 cents quarterly in Q2 of 2021. The next quarterly dividend is payable September 3, 2021 to stockholders of record on August 20, 2021. Microchip initiated quarterly cash dividend payments in the third quarter of fiscal year 2003 and has increased its dividend 68 times since its inception. The new annual dividend rate of approximately $1.75 per share yields 1.2% at a stock price of $147. Microchip initiated quarterly cash dividend payments in the third quarter of fiscal year 2003. Currently the company pays approximately $471 million in dividends to shareholders annually. Because of the much bigger dividend hikes announced so far in 2021 the average dividend growth rate in the last five years jumps from 0.6 percent to 3.9 percent annually. Microchip Technology Incorporated manufactures...

Reinsurance Group of America hikes dividend by 4.3%

Spirit Realty Capital hikes dividend by 2.1%

Healthcare Trust Of America hikes dividend by 1.6%

Ethan Allen Interiors pays special dividend

Fidelity National Financial hikes dividend by 11.1%

Fidelity National Financial (FNF) will raise its dividend by 11.1% to 40 cents quarterly. The ex-dividend date is September 15, 2021. The new dividend yield is 3.7%.

Global Payments hikes dividend by 28.2%

Global Payments (GPN) will raise its quarterly dividend by 28.2 percent in 2021. This follows a whopping dividend hike of no less than 1850 percent to $0.195 per share in 2019. This is the second ever dividend increase by the payment technology company. The next GPN dividend is payable September 24, 2021 with an ex-dividend date of September 9, 2021. A new annual rate of $1.00 per share yields 0.6% at a stock price of $169. The annual dividend payment by GPN will jump to $295 million. Global Payments Inc. is a provider of payment technology and software solutions. The company's payment technology solutions enable customers to accept card, electronic, check and digital-based payments. The company's offerings include authorization services, settlement and funding services, customer support and help-desk functions, chargeback resolution, terminal rental, sales and deployment, payment security services, consolidated billing and statements and on-line reporting. Also GPN offers ente...

Simon Property hikes dividend by 7.1%

Simon Property Group (SPG) will hike its quarterly dividend by another 7.1 percent to $1.50 per share in Q3 of 2021. This follows a dividend hike of 7.7 percent to $1.40 per share earlier in 2021. This also follows a dividend cut of 38.1 percent to $1.30 per share in 2020.  The new annualized dividend rate of $6.00 per share yields 4.4% at a stock price of $129 for SPG. The next ex-dividend date is September 8, 2021. Simon Property Group, Inc. is a real estate investment trust (REIT). The company owns real estate properties across North America, Europe and Asia, which consist primarily of malls, Premium Outlets and The Mills. Simon Property is the largest shareholder in Klépierre, a French REIT and one of Europe's biggest publicly traded mall operators. Simon Property Group has paid a dividend every year to shareholders since 2000. The dividend was cut in 2009 during the financial crisis and in 2020 because of the COVID-19 pandemic.

Pioneer Natural Resources hikes dividend by 169.6%

Pioneer Natural Resources Company (PXD) will raise its quarterly dividend by another 169.6 percent to $1.51 per share in Q3 of 2021. This follows a dividend hike of  1.8 percent to $0.56 per share in 2021.  The quarterly cash variable dividend of $1.51 per share on Pioneer’s outstanding common stock, representing approximately $370 million of capital returned to shareholders. The dividend is payable September 17, 2021, to stockholders of record at the close of business on September 3, 2021. The rebound in global oil demand has led to higher commodity prices, further strengthening Pioneer’s balance sheet and enabling the Company to accelerate its first variable dividend payment into the third quarter of 2021 based on second quarter financial results. The payment of Pioneer’s variable dividend during the third quarter represents an acceleration and increase when compared to the Company’s previously announced variable dividend distribution plan that was to begin in the first quar...

Main Street Capital hikes dividend by 2.4%

Micron Technology initiates dividend

Micron Technology Inc. (MU) will start paying a quarterly dividend to shareholders. The first dividend is 10 cents per share quarterly. A 40 cent per share annual dividend rate will yield 0.5% at a stock price of $80 for MU. Micron Technology today announced that its Board of Directors has declared a quarterly dividend of $0.10 per share of Micron’s outstanding Common Stock. The initial quarterly dividend will be payable in cash on October 18, 2021, to shareholders of record as of the close of business on October 1, 2021. “Micron’s remarkable transformation over the last several years has put the company in an outstanding position, with technology leadership, a robust product portfolio, enhanced profitability, and a strong, investment grade balance sheet. This transformation creates the opportunity today to enhance the value of our capital returns program,” said Micron Technology President and CEO Sanjay Mehrotra. “Initiating a common stock dividend reflects our confidence in Micron’s ...

Diamondback Energy hikes dividend by 6.7%

 Diamondback Energy, Inc. (FANG) will raise its quarterly dividend by 6.7 percent in 2021 to 37.5 cents per share. This is the 3rd consecutive year of dividend increases. The next dividend is payable on March 11, 2021, to stockholders of record at the close of business on March 4, 2021. A new annual rate of $1.60 per share yields 2.0% at a stock price of $80. Diamondback Energy, Inc. is an independent oil and natural gas company. The company focuses on the acquisition, development, exploration and exploitation of unconventional onshore oil and natural gas reserves in the Permian Basin in West Texas. The company's operations are directed primarily at the large acreage areas of the Clearfork, Spraberry, Wolfcamp, Cline, Strawn and Atoka formations, collectively known as the Wolfberry Trend. Diamondback Energy became a public company in 2012 and initiated a quarterly dividend in 2018.

Diamondback Energy hikes dividend by 12.5%

Diamondback Energy, Inc. (FANG) will raise its quarterly dividend by another 12.5 percent in 2021 to 45 cents per share. This is the second dividend hike announced in 2021. The next dividend is payable on August 19, 2021, to stockholders of record at the close of business on August 12, 2021. A new annual rate of $1.80 per share yields 2.3% at a stock price of $80.66. Diamondback Energy, Inc. is an independent oil and natural gas company. The company focuses on the acquisition, development, exploration and exploitation of unconventional onshore oil and natural gas reserves in the Permian Basin in West Texas. The company's operations are directed primarily at the large acreage areas of the Clearfork, Spraberry, Wolfcamp, Cline, Strawn and Atoka formations, collectively known as the Wolfberry Trend. Diamondback Energy became a public company in 2012 and initiated a quarterly dividend in 2018.

Republic Services hikes dividend by 8.2%

Waste collection company Republic Services (RSG) will raise its quarterly dividend by 8.2 percent to 46 cents per share in 2021. This comes after a dividend hike of 4.9 percent to 42.5 cents per share in 2020 and marks 17 consecutive years of dividend increases. The next quarterly dividend of $0.46 per share will be paid on October 15, 2021, to shareholders of record on October 1, 2021. A new annual rate of $1.84 per share yields 1.6% at a stock price of $118. The next ex-dividend date for RSG stock is September 30, 2021. Republic Services, Inc. is a U.S. provider of non-hazardous solid waste collection, transfer, disposal, recycling, and energy services. Apart from collection operations RSG also operates transfer stations, landfills, recycling processing centers, treatment, recovery and disposal facilities and salt water disposal wells. Republic Services is engaged in landfill gas-to-energy and renewable energy projects and has post-closure responsibility for closed landfills. RSG was...

Hershey hikes dividend by 12.1%

The Hershey Company (HSY) will raise its quarterly dividend by 12.1 percent to 90.1 cents per share in 2021. This follows a dividend hike of exactly 4.0 percent to $0.804 per share in 2020. This year's increase will mark the 12th consecutive year of dividend increases by Hershey. The next dividend is payable September 15, 2021, to stockholders of record August 20, 2021. The new annual dividend of $3.60 per share for HSY yields 2.0% at a stock price of $178.8. The next ex-dividend date is August 19, 2021. The Hershey Company is a global chocolate and non-chocolate confectionery manufacturer. Hershey's products include chocolate, sweets, mints, gum and other snacks such as spreads, meat snacks, bars and snack bites and mixes, popcorn and protein bars and cookies. The company's brands include Hershey’s, Reese’s, Kisses, Jolly Rancher, Almond Joy, Brookside, barkTHINS, Cadbury, Good & Plenty, Heath, Kit Kat®, Lancaster, Payday, Rolo®, Twizzlers, Whoppers and York. Hershey...

Hawkins hikes dividend by 6.1%

Hawkins Inc. (HWKN) will raise its quarterly dividend by another 6.1 percent to 13 cents per share in 2021. This follows a dividend hike of 5.4 percent to 24.5 cents per share in 2021 by the chemicals maker. Hawkins has now raised the dividend 17 straight years. This next dividend is payable August 27, 2021, to shareholders of record at the close of business on August 13, 2021. A new annualized dividend rate of 52 cents per share yields 1.4% at a stock price of $36. The next ex-dividend date for HWKN is August 12. Hawkins, Inc. distributes, blends and manufactures bulk and specialty chemicals and other health and nutrition products for its customers in a wide variety of industries. The Company conducts its business in three segments: Industrial, Water Treatment, and Health and Nutrition. Hawkins has paid cash dividends since 1985.

American States Water hikes dividend by 9%

American States Water Company (AWR) will raise its quarterly dividend by 9.0 percent to 36.5 cents per share in 2021. This follows a dividend hike of  9.8 percent to 33.5 cents per share in 2020 and marks 67 straight years of dividend increases by the water utility. The next dividend will be payable on September 1, 2021 to shareholders of record at the close of business on August 16, 2021. A new annual rate of $1.46 per share yields 1.7% at a stock price of $88. The next ex-dividend date for AWR is August 13, 2021. American States Water Company is the parent of Golden State Water Company and American States Utility Services, Inc. The company provides water service to customers located in Northern, Coastal and Southern California and distributes electricity to customers in the City of Big Bear and surrounding areas in San Bernardino County, California. Through its contracted services subsidiary, American States Utility Services, Inc., the company provides operations, maintenance and...

Littelfuse hikes dividend by 10.4%

Littelfuse Inc. (LFUS) will raise its quarterly dividend by 10.4 percent to 53 cents per share. This follows a dividend hike of 11.6 percent to $0.48 per share in 2019. This will mark the 11th consecutive year of dividend increases by the circuit protection products supplier. The next dividend will be paid on September 2, 2021 to shareholders of record as of August 19, 2021. A new annual rate of $2.12 per share yields 0.8% at a stock price of $266. LFUS will pay an estimated $52 million in dividends to shareholders if we include this new dividend hike. Littelfuse, Inc. is a manufacturer of technologies in circuit protection, power control and sensing. The company’s products are found in automotive and commercial vehicles, industrial applications, data and telecommunications, medical devices, consumer electronics and appliances. Littelfuse conducts its business through three reportable segments: Electronics, Automotive, and Industrial. The company serves customers with technologies incl...

Community Healthcare Trust hikes dividend by 0.6%

Great Western Bancorp hikes dividend by 400%

Great Western Bancorp (GWB) will hike its dividend by 400 percent to 5 cents quarterly. This comes after a big dividend cut last year when GWB cut its quarterly dividend by 96.7 percent to one cent per share in Q3 of 2020.  A quarterly cash dividend of $0.05 per common share will be paid on August 27, 2021, to all stockholders of record as of the close of business on August 13, 2021. The new annual dividend rate of 20 cents per share yields 0.6% at a stock price of $30.80. Great Western Bancorp, Inc. is the holding company for Great Western Bank, a full-service regional bank focused on relationship-based business and agribusiness banking. Great Western Bank offers small and mid-sized businesses a focused suite of financial products and a range of deposit and loan products to retail customers through several channels, including the branch network, online banking system, mobile banking applications and customer care centers.

Tempur Sealy hikes dividend by 28.6%

Tempur Sealy International, Inc. (TPX) will hike its dividend by 28.6 percent to 9 cents quarterly. Earlier this year the bedding products maker started paying a quarterly dividend of 7 cents per share to shareholders. The next dividend is payable on August 26, 2021 to shareholders of record as of August 12, 2021. An annualized dividend rate of 36 cents per share will yield 0.8% at a stock price of $43.27. Tempur Sealy International, Inc. is a bedding and bedding products manufacturer. The company's two segments are North America and International. The North America segment consists of Tempur and Sealy manufacturing and distribution subsidiaries, joint ventures and licensees located in the United States and Canada. Its International segment consists of Tempur and Sealy manufacturing and distribution subsidiaries, joint ventures and licensees located in Europe, Asia-Pacific and Latin America. Brands include TEMPUR, Tempur-Pedic, Sealy, Sealy Posturepedic, and Stearns & Foster. T...

Cullen/Frost Bankers hikes dividend by 4.2%

Premier Financial Corp hikes dividend by 3.8%

South State hikes dividend by 4.3%

South State Corporation (SSB) will raise its quarterly dividend 4.3 percent to 49 cents per share in 2021. This comes after a dividend hike of 2.2 percent to $0.47 per share in the first quarter of 2020. In 2019 the bank holding company hiked its dividend four times. The next dividend will be payable on August 19, 2021 to shareholders of record as of August 12, 2021. A new annual rate of $1.96 per share yields 2.9% at a stock price of $68.84. South State Corporation (South State) is a financial services company. South State Bank, the company’s primary subsidiary, provides consumer, commercial, mortgage and wealth management solutions throughout the Carolinas, Georgia and Virginia. South State Corporation, headquartered in Columbia, South Carolina, is a bank holding company incorporated in 1985. South State Bank originally began operating in 1934 in Orangeburg, South Carolina.

Skyworks Solutions hikes dividend by 12%

Skyworks Solutions (SWKS) will increase its quarterly dividend by 12 percent to 56 cents per share in 2021. This comes after a dividend hike of 13.6 percent to 50 cents per share quarterly in 2020. The semiconductor company has now raised its dividend 7 consecutive years. The next increased dividend of 56 cents is payable on September 7, 2021, to stockholders of record at the close of business on August 17, 2021. A new annual rate of $2.24 per share yields 1.2% at a stock price of $184 for Skyworks. The ex-dividend date for SWKS is August 16, 2021. Skyworks Solutions Inc. is a manufacturer of analog semiconductor products for the aerospace, automotive, broadband, cellular infrastructure, connected home, industrial, medical, military, smartphone, tablet and wearable markets.  Skyworks operates worldwide with engineering, manufacturing, sales and service facilities throughout Asia, Europe and North America. The company was formed in 1962 and changed its corporate name from Alpha Indu...

Continental Resources hikes dividend by 36.4%

Continental Resources Inc. (CLR) will boost its quarterly dividend by 36.4 percent to 15 cents per share. Earlier in 2021 the oil and gas company reinstated the quarterly dividend with a first payment of 11 cents per share. Last year CLR suspended its quarterly dividend because of the COVID-19 pandemic. In 2019 the oil company initially started paying a quarterly dividend of $0.05 per share. The next dividend is payable on August 20, 2021 to stockholders of record on August 10, 2021. The new annualized dividend rate of 60 cents per share yields 1.8% at a stock price of $34.15. Continental Resources is an independent crude oil and natural gas company formed in 1967 engaged in the exploration, development, and production of crude oil and natural gas in the North, South and East regions of the United States. The company also pursues the acquisition and management of perpetually owned minerals located in its key operating areas. The North region consists of properties north of Kansas and w...

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Nike hikes dividend by 2.5%