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Showing posts from October, 2021

Power Integrations hikes dividend by 15.4%

Dividend Aristocrat AbbVie raises dividend 8.5 percent in 2021

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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

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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.

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

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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...

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

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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.

RPM International | 5.3 percent dividend hike in 2021

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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...