Dividend Track Records

Duke Realty (DRE) will raise its quarterly dividend by 9.8 percent to 28 cents per share. This follows a dividend hike of 8.5 percent to 25.5 cents per share in 2020 by the industrial and medical offices REIT and marks 7 years in a row of dividend increases. The next DRE dividend will be payable on November 30, 2021 to shareholders of record on November 16, 2021. A new annualized rate of $1.12 per share yields 2.0% at a stock price of $56.24. Duke Realty Corporation is an industrial REIT. The company specializes in the ownership, management and development of bulk distribution real estate. Its properties are leased by a diverse base of  tenants whose businesses include e-commerce, government services, manufacturing, retailing, wholesale trade, and distribution. As a fully integrated commercial real estate firm the company provides in-house leasing, management, development and construction services. Duke Realty launched its business in 1972 with the development of an industrial bui...

Rockwell Automation, Inc. (ROK) will raise its quarterly dividend by 4.7 percent to $1.12 per share in 2021. This follows a dividend hike of 4.9 percent to $1.07 per share in 2020 and also marks the 12th consecutive year of dividend increases by the industrial company. The next ROK quarterly dividend of $1.12 per share is payable December 10, 2021 to shareowners of record at the close of business on November 15, 2021. A new annualized rate of $4.48 per share yields 1.4% at a stock price of $319.40.  Rockwell Automation, Inc. is a provider of industrial automation power, control and information solutions for manufacturers. The company’s  segments are Architecture & Software and Control Products & Solutions. Rockwell’s Allen-Bradley brand provides automation components and integrated control systems. The company’s Rockwell Software brand provides information, visualization and control software. Other brands include ACP, Anorad, Guardmaster, Hengsheng, Hinz, Hiprom, ICS T...

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.

Dividend Aristocrat AbbVie (ABBV) will raise its quarterly dividend by 8.5 percent to $1.41 per share in 2021. This comes after a dividend hike of 10.2 percent to $1.30 per share announced in 2020. This marks 50 years in a row of dividend increases by ABBV. The increased ABBV dividend is payable on February 15, 2022 to shareholders of record as of January 14, 2022. A new annual dividend rate of $5.64 per share yields 4.9% at a stock price of 114.67. AbbVie now pays an estimated $9.96 billion in dividends to shareholders annually. AbbVie Inc. is a research-based biopharmaceutical company. The company has business in therapeutic areas including, eye care, immunology, oncology, virology, women's health, gastroenterology and neuroscience. AbbVie’s products are focused on treating conditions such as chronic autoimmune diseases in rheumatology, gastroenterology and dermatology; oncology, including blood cancers; virology, including hepatitis C virus (HCV) and human immunodeficiency virus...

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.

VRT initiates a 1 cent annual dividend. The first dividend will be paid on December 17, 2020.

Oshkosh Corp will raise its quarterly dividend by 12.1 percent to 37 cents per share in 2021. This follows a dividend hike of 10 percent by the truck maker in 2020 and will mark 8 straight years of dividend increases. The next OSK dividend will be will be payable on November 29, 2021 to shareholders of record as of November 15, 2021. A new annual dividend rate of $1.48 per share yields 1.4% at a stock price of $104. Oshkosh Corporation is a manufacturer of access equipment, specialty vehicles and truck bodies for the primary markets of access equipment, defense, fire & emergency and municipal, refuse hauling, concrete placement as well as airport services.Oshkosh products are sold worldwide under the brands of JLG, Pierce, Oshkosh Defense, McNeilus, IMT, Jerr-Dan, Frontline, Oshkosh Airport Products, CON-E-CO and London. The company has manufacturing operations in seven U.S. states and in Australia, Canada, China, France, Mexico, Romania and the United Kingdom. Oshkosh  began ...

West Pharmaceutical Services (WST) will raise its quarterly dividend by 5.9 percent to 18 cents per share in 2021. This follows a dividend hike of 6.3 percent to 17 cents per share in 2020 and marks the 29th consecutive year of dividend increases by the company. The next WST dividend will be paid on November 17, 2021, to shareholders of record as of November 10, 2021.   West Pharmaceutical Services, Inc. is a leading manufacturer of packaging components and delivery systems for injectable drugs and healthcare products. West is headquartered in Exton, Pennsylvania, and supports its customers from locations in North and South America, Europe, Asia and Australia. The company has paid a dividend to shareholders every year since at least 1987.

WestRock Company (WRK) will raise its quarterly dividend by another 4.2 percent to $0.25 per share. Earlier this year the dividend was also increased, bringing the total YTD dividend hike to 25 percent. The quarterly dividend of $0.25 per share will be paid to stockholders of record as of the close of business on November 10, 2021, and will be paid on November 23, 2021. “Our customers are enthusiastic about the products that we bring to market, and I am confident in our ability to continue generating strong cash flows," said David B. Sewell, chief executive officer. “We are pleased with the progress that we have made in reducing debt and are well positioned for the future. Maintaining a sustainable and growing dividend remains a top priority and, with today's announcement, we have increased our dividend 25% since February.”

Standex International (SXI) will raise its quarterly dividend by 8.3 percent to 26 cents per share in 2021. This follows a 9.1 percent dividend hike to $0.24 per share in 2020 and will mark the 12th consecutive year of annual dividend increases by the industrial company. The dividend is payable November 24, 2021 to shareholders of record on November 8, 2021. The dividend is the Company's 229th consecutive quarterly cash dividend. Standex has paid dividends each quarter since it became a public corporation in November 1964. Standex International Corporation is a multi-industry manufacturer in five broad business segments: Food Service Equipment, Engineering Technologies, Engraving, Electronics, and Hydraulics with operations in the United States, Europe, Canada, Australia, Singapore, Mexico, Brazil, Argentina, Turkey, South Africa, India, China and Japan. Standex has paid dividends each quarter since it became a public corporation in November 1964.

Tennant Company (TNC) will raise its quarterly dividend by 8.7 percent to $0.25 per share in 2021. This follows a dividend hike of 4.5 percent last year. The increased dividend is payable December 15, 2021, to shareholders of record at the close of business on November 30, 2021. “This new authorization marks the 50th consecutive year that Tennant has increased its annual cash dividend payout and reflects not only the strength of our capital position but also the board’s confidence in our business outlook,” said Dave Huml, Tennant Company’s President and Chief Executive Officer. “We are continuing to implement our key global strategies in order to drive sustainable growth and improve our operational efficiencies with a goal of generating long-term value for our shareholders.” This post will be updated later....

Cass Information Systems (CASS) will raise its quarterly dividend by 3.7 percent in 2021. This marks 20 consecutive years of increased dividends by CASS. Cass Information Systems, Inc. (Cass) is a provider of payment and information processing services to manufacturing, distribution and retail enterprises across the United States with operating locations in Missouri, Ohio, Massachusetts, South Carolina and Florida. Cass enables enterprises to achieve visibility, control and efficiency in their supply chains, communications networks, facilities and other operations. Cass was founded in 1906 and has continuously paid regularly scheduled cash dividends since 1934.

 he quarterly cash dividend payment – which the board is initiating at $0.25 per share, or a total cash outlay of $3.8 million – will commence in the fourth quarter and will be paid on December 15, 2021 to stockholders of record on November 30, 2021.  The company's dividend policy into 2022 is subject to board review, and future authorizations will be based on a number of factors, including but not limited to prevailing market conditions, the company's financial performance and liquidity profile, and other capital priorities, including debt and other liability reductions.

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...

Hubbell Incorporated (HUBB) announced that it will raise its quarterly dividend by 7.1 percent in 2021. This marks 15 consecutive years of increased dividends by HUBB. Hubbell Incorporated is engaged in the design, manufacture and sale of electrical and electronic products for a range of non-residential and residential construction, industrial and utility applications.Hubbell Incorporated operates manufacturing facilities in the United States and around the world. The corporate headquarters is located in Shelton, CT.

Green Plains Partners LP (GPP) will hike its distribution by 262.5 percent to $0.435 per unit in 2021. This comes after a cut by GPP to its quarterly distribution by almost 75 percent to $0.12 per unit last year. The MLP previously raised its quarterly distribution by 1.1 percent to $0.475 per unit in the second quarter of 2018. The next GPP distribution is payable on Nov. 12, 2021, to unitholders of record at the close of business on Nov. 5, 2021. A new annual distribution of $1.74 yields 11.2% at a stock price of $15.57. Green Plains Partners LP is a limited partnership formed by Green Plains Inc. (GPRE) to provide fuel storage and transportation services by owning, operating, developing and acquiring ethanol and fuel storage tanks, terminals, transportation assets and other related assets and businesses. GPP was formed by Green Plains, a vertically integrated ethanol producer, to support its marketing and distribution activities as its primary downstream logistics provider. The ...

Insurance broker Brown & Brown, Inc. (BRO) will raise its quarterly dividend by 10.8 percent to 10.25 cents per share in 2021. This follows a dividend hike of 8.8 percent to 9.25 cents per share in 2020. Dividend hike star Brown & Brown has now raised its dividend 28 consecutive years. The dividend from BRO is payable on November 17, 2021, to shareholders of record on November 3, 2021. The new annual dividend rate of 41 cents per share yields 0.6% at a stock price of $66. Brown & Brown, Inc. is an insurance brokerage firm, providing risk management solutions to individuals and businesses. The company markets and sells insurance products and services, in the property, casualty and employee benefits areas. BRO operates through four segments: Retail, National Programs, Wholesale Brokerage and Services.  The Retail segment provides a range of insurance products and services to commercial, public, and quasi-public entities. The National Programs segment provides profess...

IDACORP, Inc. (IDA) will raise its quarterly dividend by 5.6 percent to 75 cents per share. This follows a dividend hike of 6 percent to 71 cents per share quarterly in 2020 and will mark the company's 10th consecutive year of dividend increases. The new IDA annual dividend rate of $3.00 yields 2.9% at a stock price of $103 and is payable November 30, 2021 to holders of record at the close of business on November 5, 2021. IDACORP, Inc. is a holding company comprised of Idaho Power, a regulated electric utility; IDACORP Financial, a holder of affordable housing projects and other real estate investments; and Ida-West Energy, an operator of small hydroelectric generation projects that satisfy the requirements of the Public Utility Regulatory Policies Act of 1978. The company has paid a dividend to shareholders every year since at least 1987.

 The cash dividend will be payable on December 20, 2021, to shareholders of record at the close of business on December 10, 2021. "Consistent with our long-term TSR targeted at our recent Investor Day, we are announcing a meaningful increase to our quarterly dividend payment, reflecting management and the Board of Directors’ confidence in our improving fundamentals, operating model and strong cash generation. This powerful cash flow optionality allows us to continue to invest in key strategic growth initiatives and enablers, while also delivering superior cash returns to our shareholders," said Scott Baxter, Board Chair, Chief Executive Officer and President, Kontoor Brands.

Zurn Water Solutions (ZWS), formerly Rexnord Corp, will start paying a quarterly dividend of $0.03 per share. Previously Rexnord Corp paid a $0.09 per share quarterly dividend with a dividend of 8 cents initiated in 2020. Zurn Water Solutions Corporation announced today that its Board of Directors initiated a quarterly common stock dividend of $0.03 per share payable in cash on December 7, 2021 to stockholders of record as of November 19, 2021. “As we launch Zurn Water Solutions our Board of Directors has decided to initiate a dividend to reflect our unwavering commitment to delivering shareholder value,” said Todd A. Adams, Chairman and Chief Executive Officer. “Our robust cash flow, strong financial characteristics and low leverage supports our ability to consistently pay a dividend while continuing to invest in our core business to drive organic growth as well as to execute strategic acquisitions.” Headquartered in Milwaukee, Wisconsin, Zurn is a growth-oriented, pure-play water bu...

Mueller Water Products (MWA) will raise its quarterly dividend by 5.5 percent to 5.8 cents quarterly per share in 2021. This marks 7 straight years of higher dividends paid by MWA. Mueller Water Products, Inc. is a water infrastructure company that manufactures and sells products and services used in the transmission, distribution and measurement of water in North America. Its product and service portfolio includes engineered valves, fire hydrants, metering products and systems, leak detection and pipe condition assessment.

UniFirst Corporation (UNF) will raise its quarterly dividend by 20 percent to 30 cents per share. This is the first dividend hike since 2019, when UNF raised the dividend by 122.2 percent to $0.25 per share. The workplace uniforms maker, a Cintas peer, has now raised the dividend 4 years in a row based on annual dividends paid per calendar year. The next UNF dividend of $0.30 per share is payable on January 4, 2022, to shareholders of record on December 7, 2021. A new annual rate of $1.20 per share yields 0.6% at a stock price of $202. UniFirst Corporation is a North American provider of workplace uniforms and protective work wear clothing. Together with its subsidiaries, the company also provides first aid and safety products, and manages specialized garment programs for the cleanroom and nuclear industries. UniFirst manufactures its own branded workwear, protective clothing, and floorcare products for customers throughout the United States, Canada, and Europe. The company was starte...

Prosperity Bancshares (PB) will raise its quarterly dividend by 6.1 percent to $0.52 per share in 2021. This follows a 6.5 percent hike to 49 cents per share announced in 2020 and marks the 22nd consecutive year of annual dividend increases. The next PB dividend will be paid on January 3, 2022 to all shareholders of record as of December 15, 2022. A new annual dividend rate of $2.04 per share yields 2.7% at a stock price of $75.65. Prosperity Bancshares, Inc. is a financial holding company. Through its bank subsidiary, Prosperity Bank, the company provides a range of financial products and services to small and medium-sized businesses and consumers. The company operates full service banking locations in Texas and Oklahoma.

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.

Armstrong World Industries, Inc. (AWI) will hike its dividend by 10 percent hike in 2021 marking 3 straight years of increased dividends by AWI. In 2020 AWI hiked its dividend by 5%. Armstrong World Industries, Inc. (AWI) is a global leader in the design, innovation and manufacture of commercial and residential ceiling, wall and suspension system solutions.  The company manufactures and sells its ceiling systems (primarily mineral fiber, fiberglass wool and metal) throughout the Americas. Its operating segments are: Mineral Fiber, Architectural Specialties and Unallocated Corporate. Armstrong World Industries, Inc. is a Pennsylvania corporation incorporated in 1891. The company has paid a regular quarterly dividend every year since 2018.

Crown Castle International Corp (CCI) will raise its quarterly dividend by 10.5 percent in 2021. This follows a dividend hike of 10.8 percent to $1.33 per share last year by the communications REIT. The next quarterly dividend of $1.47 per share is payable on December 31, 2021 to common stockholders of record at the close of business on December 15, 2021. A new annual rate of $5.88 per share yields 3.4% at a stock price of $170.29. Crown Castle International will now pay an estimated $2.54 billion in dividends to shareholders annually. This is only the third double digit dividend hike announced by the company in the last six years, trailing bigger rival American Tower. Crown Castle International Corp. is a real estate investment trust (REIT), which owns, operates and leases shared wireless infrastructure (multitenant communications real estate). The Company's segments include towers and small cells. The small cells segment also offers fiber-based solutions. Crown Castle has operati...

 Penske Automotive (PAG) will hike its dividend to 46 cents per share quarterly. Penske Automotive Group, Inc., headquartered in Bloomfield Hills, Michigan, is an international transportation services company that operates automotive and commercial truck dealerships principally in the United States, Canada, and Western Europe, and distributes commercial vehicles, diesel engines, gas engines, power systems and related parts and services principally in Australia and New Zealand. Penske became a public company in 1996 and has paid an uninterrupted dividend since 2011. The dividend was halted in 2009 during the financial crisis and in 2020 because of COVID-19. In Q3 of 2020 the dividend was reinstated again.

Stepan Company (SCL) will raise its quarterly dividend by 9.8 percent in 2021. This marks the 54th consecutive year of dividend increases by the specialty chemicals company. Stepan Company and its subsidiaries produce specialty and intermediate chemicals, which are sold to other manufacturers and used in a variety of end products. The company has three reportable segments: Surfactants, Polymers and Specialty Products. Surfactants are the basic cleaning agent in detergents for washing clothes, dishes, carpets, fine fabrics, floors and walls and are also used in personal care products and commercial and industrial applications. Polymers are used in the manufacture of construction materials, coatings, adhesives, sealants and elastomers (CASE) applications. Specialty Products are chemicals used in food, flavoring, nutritional supplement and pharmaceutical applications. Stepan, headquartered in Northfield, Illinois, operates production facilities located in North and South America, Europe a...

Phillips 66 (PSX) will raise its quarterly dividend by 2.2 percent to $0.92 per share in 2021. This is the first dividend hike by the energy company since 2019 with a 12.5 percent increase to $0.90 per share last announced in the second quarter of 2019. Last year PSX did not raise its dividend. The dividend is payable on December 1, 2021, to shareholders of record as of the close of business on November 17, 2021. The new annual rate of $3.68 per share yields 4.6% at a stock price of $80.87. “We are increasing our dividend this quarter, demonstrating our commitment to shareholder returns and reflecting our confidence in the company’s strategy and cash flow recovery,” said Phillips 66 Chairman and CEO Greg Garland. “We have increased the dividend 10 times since our inception in 2012, resulting in an 18% compound annual growth rate. We also have reduced our debt balance by $1 billion this year and will continue prioritizing debt repayment to return to pre-pandemic levels.” Phillips 66 ...

International Paper Co (IP) will cut its quarterly dividend to $0.4625 per share in 2021. This comes after a dividend hike of 2.5 percent to $0.5125 per share in the fourth quarter of 2019. Last year the paper packaging company did not change its dividend. This lower IP dividend is payable on December 15, 2021, to holders of record at the close of business on November 15, 2021. A new annual rate of $1.85 per share yields 3.5% at a stock price of $52.87. The dividend cut will end 11 years in a row of higher dividends paid based on calendar years. "Returning cash to shareowners through dividends and share repurchases is a meaningful part of our capital allocation framework," said Mark Sutton, Chairman and Chief Executive Officer. "Today's announcement reflects our confidence in International Paper's long-term outlook and strong free cash flow generation. We are committed to a competitive and sustainable dividend of 40 to 50% of free cash flow. The dividend adjustme...

Commercial Metals Company (CMC) will raise its quarterly dividend by 16.7 percent to $0.14 per share in 2021. This is the first dividend hike announced by the metals company since 2007. CMC has never cut the dividend in the last couple of decades. Also CMC announced a new $350 million share repurchase program. The next quarterly dividend of $0.14 per share will be paid on November 10, 2021 to CMC stockholders of record as of the close of business on October 27, 2021. A new annual dividend rate of 56 cents yields 1.8% at a stock price of $31.75. "Today's announcement reflects a well-balanced capital allocation strategy that will continue to fund value-accretive growth, while returning a meaningful portion of CMC's free cash flow to shareholders," said Barbara R. Smith, Chairman of the Board, President and Chief Executive Officer.  "This action was made possible by the strategic transformation carried out over the last several years, which has greatly enhanced our ...

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...

Alcoa Corporation (AA) will start paying a quarterly cash dividend of 10 cents per share on its common stock. Alcoa also announced a new $500 million share repurchase program. Alcoa's Board of Directors declared the first quarterly cash dividend of $0.10 per share of the Company’s common stock, to be paid on November 19, 2021 to stockholders of record as of the close of business on October 29, 2021. A new annual dividend rate of 40 cents yields 0.7% at a stock price of $57.24. “The Company’s decision to return cash to our stockholders through our first-ever quarterly cash dividend program and a new share repurchase program is a result of the significant work that Alcoans have completed to improve our Company’s financial position,” said Alcoa President and CEO Roy Harvey. “These new programs are consistent with our capital allocation framework and reflect our confidence in the strength of our Company and cash generation ability.” Alcoa is a manufacturer of bauxite, alumina, and alu...

Agree Realty (ADC) will raise its monthly dividend by another 4.6 percent to $0.227 per share. The monthly dividend reflects an annualized dividend amount of $2.724 per common share, or a 9.8% increase over the annualized dividend amount of $2.480 per common share from the fourth quarter of 2020. The dividend is payable November 12, 2021 to stockholders of record at the close of business on October 29, 2021.   Agree Realty Corporation is a publicly traded real estate investment trust primarily engaged in the acquisition and development of properties net leased to industry-leading retail tenants. Its community shopping centers include Capital Plaza, Frankfort; Central Michigan Commons, Mount Pleasant, and West Frankfort Plaza, West Frankfort. Agree Realty Corporation has paid a dividend to shareholders every year since 1993.

Sensient Technologies Corporation (SXT) will raise its quarterly dividend by 5.1 percent to 41 cents per share in 2021. This follows a dividend hike of  8.3 percent to $0.36 per share in 2019 and will mark 16 years in a row of annual dividend increases. The next SXT cash dividend will be paid on December 1, 2021, to shareholders of record on November 1, 2021. A new annual rate of $1.64 per share yields 1.7% at a stock price of $96.62. The next ex-dividend date for Sensient is October 29, 2021. “This increase raises our dividend payments to an annualized payout of $1.64 per share and reflects the ongoing confidence in the future of our business,” said Paul Manning, Chairman, President and Chief Executive Officer of Sensient Technologies Corporation. “With this increase, our quarterly dividend has risen by 37% over the past five years.” Sensient Technologies Corporation is a manufacturer and marketer of colors, flavors and fragrances. Sensient employs technologies to develop special...

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 ...

Kulicke and Soffa Industries (KLIC) will raise its quarterly dividend by 21.4 percent to $0.17 per share in 2021. The dividend payment will be made on January 10, 2022 to holders of record as of December 23, 2021. The new dividend yield for KLIC is 1.4% at a stock price of $49.20. "We recently highlighted a very promising business outlook during our Investor Day on September 23rd reinforcing our commitment to a long-term and growing dividend payout.  Today we are following through with that commitment with our second sequential dividend increase," stated Fusen Chen, President and CEO. K&S most recently raised its quarterly dividend by $0.02, prior to the December 24, 2020 record date. In addition to providing investors with a consistent return, through its growing dividend program, the Company continues to actively repurchase shares through its opportunistic share repurchase program. During the first two weeks of fiscal year 2022, the Company repurchased $3.6 million in o...

Hingham Institution for Savings (HIFS) will increase its quarterly dividend by another 3.9 percent to 53 cents per share. This follows a 4.1 percent hike to 51 cents per share by HIFS in the previous quarter. This comes after a dividend hike of 4.3 percent to 49 cents per share announced in Q1 of 2021. HIFS has raised its dividend 14 consecutive years. The next HIFS dividend will be paid on November 10, 2021 to stockholders of record as of November 1, 2021. A regular annual dividend rate of $2.12 per share yields 0.6% at a stock price of $358.  Hingham Institution for Savings is a Massachusetts-chartered savings bank located in Hingham, Massachusetts.  Incorporated in 1834, it is one of America’s oldest banks.  The Bank’s Main Office is located in Hingham and the Bank maintains offices on the South Shore, in Boston (South End and Beacon Hill), and on the island of Nantucket.  The Bank also provides commercial mortgage lending and private banking services in the Grea...

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...

Avient (AVNT), formerly PolyOne Corporation (POL), will raise its quarterly dividend by 11.8 percent to 23.75 cents per share in 2021. This follows a dividend hike of 4.9 percent to 21.25 cents per share in 2020 and marks the 10th consecutive year of dividend increases by provider of specialized polymer materials. The next AVNT dividend will be paid on January 7, 2022 to stockholders of record on December 17, 2021. On an annualized basis, the dividend will increase to $0.95 per share, yielding 1.9% at a stock price of $51. "Our track record of earnings growth over the years and ability to generate strong cash flow has allowed us to raise our dividend every year since it was first initiated in 2011," said Robert M. Patterson, Chairman, President, and Chief Executive Officer, Avient Corporation. "We are pleased to announce this latest increase of 12%, which reflects the record adjusted EPS we project for 2021 and the confidence we have in our portfolio of sustainable solut...

Dividend Aristocrat A.O. Smith Corporation (AOS) will raise its quarterly dividend by 7.7 percent to 28 cents per share in 2021, marking 28 consecutive years of dividend increases. Last year AOS hiked its dividend by 8.3 percent to 26 cents per share. The next dividend will be payable on November 15, 2021 to shareholders of record October 29, 2021. A new annual rate of $1.12 per share yields 1.7% at a stock price of $65.61. The new annual dividend payment will jump to $178 million for AOS. The average 5 year dividend growth rate for AOS is 18.5 percent annually if we include this latest hike. A. O. Smith Corporation is manufacturer of residential and commercial water heating equipment and boilers, as well as a manufacturer of water treatment products for residential and light commercial applications. In North America, A.O. Smith also manufactures expansion tanks, commercial solar water heating systems, swimming pool and spa heaters, related products and parts. The company is headquart...

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.

 $0.50 per share

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 (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 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.

AptarGroup (ATR) will raise its quarterly dividend by 5.6 percent to $0.38 per share in 2021. This follows a dividend hike of 5.9 percent to $0.36 per share in 2019. The company has now raised its annual dividend for 28 years based on annual dividend hikes in each calendar year. The next dividend will be paid on May 19, 2021, to stockholders of record as of April 28, 2021. A new annual rate of $1.52 per share yields 1.0% at a stock price of $150. Stephan Tanda, Aptar President and CEO, commented, “One element of Aptar’s compounding growth story is our dividend program. In 2020, we returned $93 million dollars to shareholders and with this current increase, we are on track for our 28th consecutive year of paying an increased annual dividend. By executing on our balanced capital allocation strategy and investing in new technologies and capacity, while we strengthen our competitive position through complementary acquisitions and partnerships, Aptar has grown and achieved a Total Sharehold...

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 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...

Johnson Outdoors (JOUT) will raise its quarterly dividend by no less than 42.9 percent to 30 cents per share in 2021. This follows a dividend hike of 23.5 percent to 21 cents per share by JOUT in 2020. The outdoor recreation products maker has now boosted its dividend 7 years in a row. The next JOUT quarterly cash dividend is payable on October 29, 2021, to shareholders of record at the close of business on October 15, 2021. A new annual rate of $1.20 per share yields 1.1% at a stock price of $110. Johnson Outdoors has now announced a dividend hike for seven consecutive years, with double digit increases announced in the last six years. Dividend growth has been accelerating with an increase of more than 20 percent in 2018, 2019 and now also 2020 and 2021. The company will pay an estimated annual dividend of approximately $12  million to shareholders now. Johnson Outdoors Inc. is a manufacturer of outdoor recreation equipment and technologies. The company designs, manufactures and m...

Life Storage Inc. (LSI) will raise its quarterly dividend by another 16.2 percent to 86 cents per share in Q4 of 2021, adjusted for the stock split that followed later. The new annual dividend rate of $3.44 per share yields 3.0% at a stock price of $115. Life Storage will trade ex-dividend on October 12, 2021. The next LSI dividend will be paid on October 26. Life Storage, Inc., formerly Sovran Self Storage, Inc., is a self-administered and self-managed real estate company. The company acquires, owns and manages self-storage properties in the United States and Canada. The company serves both residential and commercial storage customers with storage units rented by month. Life Storage (formerly Sovran Self Storage) has been in the self storage business since 1984; the company went public in 1995.