Dividend Track Records

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 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...

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...

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...

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...

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...

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 ...

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, 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.

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...

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.

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...

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%.

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.