Posts

Showing posts from October, 2021

Power Integrations hikes dividend by 15.4%

Dividend Aristocrat AbbVie raises dividend 8.5 percent in 2021

Image
Dividend Aristocrat AbbVie has raised its dividend 50 years in a row Biopharmaceutical company AbbVie (ticker ABBV) hikes the quarterly dividend by 8.5% to $1.41 per share, marking 50 years in a row of dividend increases by ABBV.

Exxon Mobil (XOM) increases dividend 1.1% in 2021

Image
Dividend Aristocrat oil major Exxon Mobil ( ticker XOM) will hike its dividend by 1.1 percent to $0.88 per share quarterly in 2021. This will mark 39 consecutive years of dividend increases by XOM.

Black Stone Minerals hikes distribution by 25%

Visa hikes dividend by 17.2%

Payments technology company Visa Inc. (V) will raise its quarterly dividend by 17.2 percent to$0.375 per share in 2021. This comes after a dividend hike of 6.7 percent to 32 cents per share announced by V in 2020 and at the same time marks the 13th consecutive year of dividend increases by Dow Jones member Visa. The next V dividend is payable on December 7, 2021, to all holders of record as of November 12, 2021. The new annual dividend of $1.50 per share yields 0.6% at a stock price of $232. Visa will now pay shareholders an estimated $3.2 billion in dividends annually. Visa Inc., is a payments technology company enabling electronic payments for consumers, businesses, banks and governments worldwide. The company's transaction processing network, VisaNet, enables authorization, clearing, and settlement of payment transactions and provides financial institution and merchant clients with a range of products, platforms, and value-added services. Visa is not a bank and does not issue c...

Dividend Aristocrat Stepan raises dividend 9.8% in 2021

Image
Stepan stock currently yields 1.1% Specialty chemicals maker Stepan Co (SCL) will raise its dividend by 9.8 percent to $0.335 per share in 2021, marking the 54th consecutive year of dividend increases.

Gladstone Land hikes dividend by 0.2%

Gladstone Land Corporation (LAND) will raise its monthly dividend by another 0.2 percent to $0.0452 per share in Q4 of 2021. The farmland REIT announced four dividend hikes in 2021 for a total increase of 0.7 percent, matching the total dividend increase announced in 2020. The new annual dividend of approximately 54 cents yields 2.35% at a stock price of $22.25 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 $17 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 independent farmers on a triple-net lease basis, an arrange...

Northwest Natural hikes dividend by 0.5%

Northwest Natural Holding, formerly Northwest Natural Gas Company (NWN) will raise its quarterly dividend by another 0.5 percent to $0.4825 per share in 2021. This follows similar dividend hikes announced by the utility company in the last couple of years. Northwest Natural has now increased its dividend for 66 consecutive years. The next NWN dividend will be paid November 15, 2021 to shareholders of record on October 29, 2021. The company's indicated annual dividend rate is $1.93 per share and yields 4.1% at a stock price of $46.97. Northwest Natural Holding will now pay an estimated annual dividend of $59 million to shareholders. The company has announced a dividend hike of 0.5 percent in each of the last seven years with dividend growth slowing since at least 2007.  Northwest Natural Holding Company provides natural gas service to residential, commercial, and industrial in western Oregon and southwestern Washington.  It owns NW Natural Gas Company (NW Natural), NW Natural ...

Albertsons hikes dividend by 20%

Albertsons Companies, Inc. (ACI) will boost its dividend by 20 percent to 12 cents per share quarterly. Last year ACI started paying a quarterly dividend of $0.10 per share and this is the first dividend hike. The next quarterly ACI dividend of $0.12 per share of common stock will be paid on November 12, 2021 to stockholders of record as of the close of business on October 29, 2021. The new dividend yield for ACI is 1.7%. “The ongoing strength of our performance and free cash flow generation give us the confidence to increase our quarterly dividend, even as we ramp up investments in our business and support our digital transformation,” said Vivek Sankaran, CEO. “We remain committed to a balanced approach to capital allocation, which includes investments to drive future growth, continued deleveraging of the balance sheet, and returning cash to shareholders.” Albertsons Companies is one of the largest food and drug retailers in the United States, with both a strong local presence and na...

A.O. Smith | Dividend increase +7.7% to $0.28 quarterly per share in 2021

Image
A.O. Smith has raised its dividend 28 years in a row Dividend Aristocrat A.O. Smith Corporation will raise its quarterly dividend by 7.7 percent to $0.28 per share in 2021, marking 28 consecutive years of dividend increases.

Thor Industries hikes dividend by 4.9%

THOR Industries, Inc. (THO) will raise its quarterly dividend by 4.9 percent to 43 cents per share in 2021. This follows a dividend hike of 2.5 percent by THOR to 41 cents per share in 2020. The recreational vehicle maker has raised its dividend every year since 2010 with 2021 marking the 12th year in a row of dividend increases.  The next dividend is payable on November 5, 2021, to shareholders of record at the close of business on October 22, 2021. A new annual rate of $1.72 per share yields 1.4% at a stock price of $123.82. The next ex-dividend date for THO is October 21, 2021. THOR Industries, Inc. is a manufacturer of recreational vehicles. The company offers motorhomes, camping, fifth-wheel, and travel trailers. Its brands include Airstream, Bison Coach, Jayco, Keystone and Thor Motor Coach. The company’s vehicles are sold primarily throughout the United States and Canada. THOR became a publicly traded company in 1984 and was later listed on the New York Stock Exchange in 19...

RPM International hikes dividend by 5.3%

RPM International (RPM) will raise its quarterly dividend by 5.3 percent to 40 cents per share 2021, marking 48 years in a row of dividend increases by the paint and sealings maker. In 2020 RPM hiked the dividend by 5.6 percent to 38 cents per share. The next RPM International dividend is payable on October 29, 2021, to stockholders of record as of October 18, 2021. A new annual rate of $1.60 per share for RPM yields 2.0% at a stock price of $79.80. The next ex-dividend date for RPM International is October 15, 2021. “Increasing our cash dividend on an annual basis is one of the primary ways we continuously reward our shareholders,” stated Frank C. Sullivan, RPM chairman and CEO. “Combined with an appreciating stock price, increasing the dividend enables us to consistently deliver long-term value and outperform the cumulative total return of the broader market.” RPM International will pay its shareholders a total dividend amount of approximately $208 million based on the the number of ...

RPM International | 5.3 percent dividend hike in 2021

Image
RPM International is proud of the dividend history Dividend champion RPM International (RPM) will raise its dividend by 5.3 percent to 40 cents per share quarterly in 2021. This will mark 48 years in a row of dividend increases by the paint and sealants maker.

Bank Ozk hikes dividend by 1.8%

Bank OZK (OZK) will raise its quarterly dividend by another 1.8 percent to 29 cents per share in Q4 of 2021. This is the 4th dividend hike in row by OZK for a total increase of 5.5 percent in 2021. The next OZK dividend is payable October 22, 2021 to shareholders of record as of October 15, 2021. A new annualized dividend rate of $1.16 per share yields 2.6% to Bank OZK shareholders at a stock price of $43.88.  Last year Bank OZK also 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 $149 million in dividends annually if we include this new dividend hike just announced. Bank OZK, formerly Bank of the Ozarks, Inc. is a bank holding company. The Company owns a state-chartered subsidiary bank that conducts banking operations in Arkansas, Georgia, North Carolina, Texas...

Honeywell hikes dividend by 5.4%

Honeywell International (HON) will raise its quarterly dividend by 5.4 percent to 98 cents per share in 2021. This is up from a dividend hike of 3.3 percent to 93 cents per share in 2020 but still lags the dividend growth before COVID by the industrial company. Honeywell has now raised its dividend 11 consecutive years. The next HON dividend is payable on December 3, 2021, to holders of record at the close of business on November 12, 2021. A new annual rate of $3.92 per share yields 1.8% at a stock price of $215.65 for Honeywell. With the exeption of 2010, when no dividend hike was announced, and last year, Honeywell International hiked its dividend by at least 9.8 percent every year for more than a decade. This new dividend however is the second smallest on record in many years, resulting in the average 5 year dividend growth rate dropping from 9.3 percent to 8.1 percent annually, down for double digit growth through 2019. Honeywell now will pay approximately $2.7 billion in dividends...

Popular Dividend News Headlines