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Showing posts from December, 2021

Great Ajax pays special dividend

Hillenbrand hikes dividend by 1.2%

Redwood Trust hikes dividend by 64.3%

Glacier Bancorp pays special dividend

Glacier Bancorp (GBCI) will pay a 10 cent per share special dividend in 2022. This comes after a double dividend increase for a total of 6.7 percent announced in 2021. Glacier Bancorp has now announced a dividend hike for 10 consecutive years. The special GBCI dividend of $0.10 per share will be payable on January 20, 2022, to owners of record on January 11, 2022. The regular annual dividend yields 2.6% at a stock price of $50.28.  Glacier Bancorp, Inc. provides commercial banking services. The company offers a wide range of banking products and services, including retail banking business banking, real estate, commercial, agriculture, consumer and municipal loans; and mortgage origination services. The company serves individuals, small to medium-sized businesses, community organizations and public entities. Glacier Bancorp is the parent company for Glacier Bank, Kalispell, and its bank divisions: Bank of the San Juans (Durango, CO), Citizens Community Bank (Pocatello, ID), Collegia...

Preferred Bank hikes dividend by 13.2%

Preferred Bank (PFBC) will raise its quarterly dividend by another 13.2 percent to $0.43 per share in 2021. This is the second dividend increase announced by the commercial bank in 2021 for a total hike of 43.3 percent. Chairman and CEO Li Yu commented, “We are very pleased to increase the dividend as it is a direct reflection of the strong performance of the Bank through the pandemic year.” The next PFBC dividend is payable on January 21, 2022 to holders of record on January 7, 2022. The new annual dividend of $1.72 per share translates into an estimated yield of 1.6% for Preferred Bank shareholders at a stock price of $70. Preferred Bank is a commercial bank headquartered in California, conducting its banking business from its main office in Los Angeles, California, and through eleven full-service branch banking offices in California and one branch in Flushing, New York. In addition, the Bank operates a loan production office in the Houston suburb of Sugar Land, Texas. Preferred Ban...

Dimeco hikes dividend by 5.9%

Mid-America Apartment hikes dividend by 6.1%

Mid-America Apartment (MAA) will raise its quarterly dividend by 6.1 percent to $1.0875 per share. This follows a 2.5 percent dividend hike announced in 2020.  This post will be updated later. Mid-America Appartment Communities (MAA) is a self-administered real estate investment trust (REIT). The company owns or has ownership interest in apartment communities throughout the Southeast and Southwest regions of the United States.

Psychemedics reinstates dividend

Psychemedics Corporation (PMD), the world’s largest provider of hair testing for drugs of abuse, today announced that it has declared a cash dividend of $0.05 per share to be paid on December 30th, 2021 to shareholders of record as of December 20th, 2021. As the record shows, the Company paid 94 consecutive dividends (23 ½ years) through the first quarter of 2020, even during the financial crisis in 2008. However, because of the COVID pandemic, the dividend was suspended during 2020 and 2021 thus far as the Company prioritized its liquidity and balance sheet. The Company has consistently been committed to paying a cash dividend and it took a pandemic to break the Company’s long history of consecutive quarterly dividend payments. Raymond C. Kubacki, Chairman and Chief Executive Officer, stated “Our Board of Directors share our confidence in the future of Psychemedics and remain committed to rewarding shareholders and sharing the financial success of the Company with them as we grow. We ...

PHX Minerals hikes dividend by 50%

Camden National hikes dividend by 11.1%

Camden National Corporation (CAC) will raise its quarterly dividend by another 11.1 percent to 40 cents per share. This follows a 9.1 percent increase to 36 cents per share earlier in 2021 by the bank holding company. The FY 2021 dividend hike is 21.2 percent. This quarterly payout results in an annualized dividend yield of 3.52% based on the December 20, 2021 closing price of the Company's common stock at $45.47 per share as reported by NASDAQ. The dividend is payable on January 31, 2022 to shareholders of record on January 14, 2022. "For the second time this year, we are pleased to announce an increase in our quarterly dividend payment to our shareholders," said Dufour. "A 21% increase in our quarterly dividend aligns with our focus on rewarding shareholders while maintaining sufficient capital levels." Camden National Corporation is the holding company of Camden National Bank, a diversified financial services provider. The Company, through the Bank, offers c...

ServisFirst Bancshares hikes dividend by 15%

Servisfirst Bancshares (SFBS) will raise its quarterly dividend by 15.0 percent to $0.23 per share in 2021. Last year the bank holding company hiked its dividend by 14.3percent. The dividend is payable on January 7, 2022 to stockholders of record as of January 1, 2022. ServisFirst has increased its dividend annually since the company went public in 2014. A new annual rate of 92 cents per share yields 1.1% at a stock price of $85. ServisFirst Bancshares, Inc. is a bank holding company based in Birmingham, Alabama. Through its subsidiary, ServisFirst Bank, ServisFirst Bancshares, Inc. provides business and personal financial services from locations in Birmingham, Huntsville, Mobile, Montgomery and Dothan, Alabama, Pensacola and Tampa Bay, Florida, Nashville, Tennessee, Atlanta, Georgia, and Charleston, South Carolina. ServisFirst has increased its dividend annually since the company went public in 2014.

AFC Gamma hikes dividend by 16.3%

AFC Gamma (AFCG) will raise its quarterly dividend by 16.3 percent to $0.50 per share. This marks the second dividend hike by AFCG in 2021. The new dividend yield for AFCG is 10.2% at a stock price of $19.60. This post will be updated later.

Retail Value pays special dividend

Retail Value (RVI) will pay a special dividend of $3.27 per share on January 18, 2021. The company does not pay a regular quarterly dividend.  The Company declared a special cash distribution on its Common Shares of $3.27 per common share payable on January 18, 2022 to shareholders of record at the close of business on December 29, 2021. The special cash distribution is expected to be return of capital which would reduce the shareholder’s tax basis in its shares. The final classification of the distribution will be reported on the Form 1099-DIV related to the 2021 tax year. This post will be updated later.

The Andersons hikes dividend by 2.9%

The Andersons Inc (ANDE) will raise its quarterly dividend by 2.9 percent to $0.18 per share. This marks the 24th consecutive year of annual dividend increases by ANDE. The new dividend yield for ANDE is 1.9% at a stock price of $37.43. This post will be updated later.

American Tower hikes dividend by 6.1%

American Tower (AMT) will raise its quarterly dividend by 6.1 percent to $1.39 per share. This is the fourth increase announced in 2021 and marks the 9st consecutive year of dividend increases by AMT. The new dividend yield for AMT is 2.0% at a stock price of $279. This post will be updated later.

Urstadt Biddle Properties hikes dividend by 3.3%

Urstadt Biddle Properties Inc (UBA) will raise its quarterly dividend by 3.3 percent to $0.2375 per share. This marks the 1st consecutive year of annual dividend increases. The new dividend yield for UBA is 4.7% at a stock price of $20. This post will be updated later.

Balchem hikes dividend by 10.3%

Balchem Corporation (BCPC) will raise its annual dividend by 11.5 percent to 58 cents per share. This marks the 12th consecutive year of annual dividend increases. The new dividend yield for BCPC is 0.4%. Balchem Corporation reports four business segments: Human Nutrition & Health; Animal Nutrition & Health; Specialty Products; and Industrial Products. The Human Nutrition & Health segment delivers customized food and beverage ingredient systems, as well as key nutrients into a variety of applications across the food, supplement and pharmaceutical industries. The Animal Nutrition & Health segment manufactures and supplies products to numerous animal health markets. Through Specialty Products, Balchem provides specialty-packaged chemicals for use in healthcare and other industries, and also provides chelated minerals to the micronutrient agricultural market. The Industrial Products segment manufactures and supplies certain derivative products into industrial applications....

FMC Corporation hikes dividend by 10.4%

FMC Corporation (FMC) will raise its quarterly dividend by 10.4 percent to 53 cents per share in 2021. This dividend hike follows an increase of 9.1 percent to 48 cents per share in 2020 by the agricultural chemicals company.  The next FMC dividend is payable on January 20, 2022, to shareholders of record as of the close of business on December 31, 2021. This is the fourth consecutive year FMC has increased its dividend. The company remains committed to growing the dividend at or above the rate of earnings growth moving forward. A new annualized dividend rate of $2.12 per share for FMC Corporation yields 2.0% at a stock price of $104. FMC Corporation is an agricultural sciences company. FMC provides solutions to growers around the world with a portfolio of proprietary crop protection products and a robust pipeline fueled by innovative discovery and development capabilities in crop protection, plant health and professional pest and turf maintenance solutions. The company's insect c...

Washington Trust Bancorp hikes dividend by 3.8%

Washington Trust Bancorp (WASH) will raise its quarterly dividend by 3.8 percent to 54 cents per share. This represents a two cent per share increase over the most recent quarterly dividend rate and the eleventh consecutive year with a dividend increase. The dividend will be paid January 7, 2022 to shareholders of record on January 3, 2022 . Washington Trust Bancorp, Inc. is the publicly-owned holding company of The Washington Trust Company. Founded in 1800, Washington Trust is the oldest community bank in the nation, the largest state-chartered bank headquartered in Rhode Island and one of the Northeast’s premier financial services companies. Washington Trust offers a full range of financial services, including commercial banking, mortgage banking, personal banking, and wealth management and trust services, through its offices located in Rhode Island, Connecticut and Massachusetts.

Albany International hikes dividend by 5%

Gaming and Leisure Properties pays special dividend

Lamb Weston hikes dividend by 4.3%

Potato products supplier Lamb Weston Holdings Inc. (LW) will raise its quarterly dividend by 4.3 percent to 24.5 cents per share in 2021. This follows a dividend hike of 2.2 percent to 23.5 cents per share in 2020. This marks the 5th year of dividend increases by Lamb Weston, a member of the S&P500-index. The Board of Directors of LW declared a quarterly dividend of $0.245 per share of Lamb Weston common stock, a 4-cent annualized increase. The dividend is payable on March 4, 2022, to stockholders of record as of the close of business on Feb. 4, 2022. A new annualized dividend rate of 98 cents per share yields 1.2% at a stock price of $79. Lamb Weston also authorized to repurchase up to an additional $250 million of its common stock. This is an increase to the initial repurchase program, first approved in December 2018. The program has no expiration date. Two years ago Lamb Weston stated that it will continue to target an annual dividend payout ratio of 25 percent to 35 percent of ...

Teekay LNG Partners hikes distribution by 95.7%

Mosaic hikes dividend by 50%

Mosaic Co (MOS) will raise its quarterly dividend by another 50 percent to 11.25 cents. Earlier in 2021 MOS had already hiked its dividend by 50 percent to 7.5 cents per share. This is the second dividend hike since 2019 by the fertilizer maker and marks 3 consecutive years of increases. The next MOS quarterly dividend will be paid on March 17, 2022, to stockholders of record as of the close of business on March 3, 2022. A new annual rate of 45 cents per share yields 1.2% at a stock price of $36.46. The annual dividend payment by Mosaic will jump to $171 million. The Mosaic Company is a producer and marketer of concentrated phosphate and potash crop nutrients. Mosaic is a single source provider of phosphate and potash fertilizers and feed ingredients for the global agriculture industry. Mosaic operates through three segments: Phosphates, Potash and Mosaic Fertilizantes.

BK Technologies hikes dividend by 50%

Ensign Group hikes dividend by 4.8%

Norwood Financial hikes dividend by 7.7%

Farmers & Merchants Bancorp hikes dividend by 5.6%

Realty Income | Monthly dividend up 5.1% in 2021

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Dividend Aristocrat Realty Income has raised its dividend by 5.1% in 2021 Monthly dividend paying real estate company Realty Income has just announced the 5th increase in 2021. Shareholders will receive a new monthly payment of $0.2465. This year the dividend has been raised by a total of 5.1 percent, based on five smaller dividend hikes.

Bristol-Myers Squibb hikes dividend by 10.2%

Bristol-Myers Squibb (BMY) will raise its dividend by 10.2 percent to 54 cents per share quarterly. This comes after a 8.9 percent hike to $0.49 per share announced by BMY in 2021. The pharmaceutical company has now raised its dividend for 14 consecutive years. The next quarterly BMY dividend of 54 cents will be payable on February 1, 2022 to stockholders of record at the close of business on January 7, 2022. A new indicated annual dividend rate of $2.16 per share yields 3.6% at a stock price of $60. Bristol-Myers Squibb now pays an estimated $4.79 billion in dividends to shareholders annually. Dividend growth has been picking up in the last three years, lifting the five year average annualized dividend growth rate to 6.7 percent if we include the 2021 dividend hike just announced. Bristol-Myers Squibb Company is is a global specialty biopharmaceutical company.  Bristol-Myers is developing new medicines in the following core therapeutic areas: oncology with a priority in certain t...

Eli Lilly hikes dividend by 15.3%

Eli Lilly and Company (LLY) will raise its dividend by 15.3 percent to 98 cents per share. This follows a dividend hike of 14.9 percent to $0.85 per share in the first quarter of 2021. The pharmaceutical company has now raised its dividend for 8 consecutive years. The next LLY dividend is payable March 10, 2022, to shareholders of record as of the close of business on February 15, 2022. The new annual indicated rate to $3.92 per share, yields 1.6% at a stock price of $271.40. Eli Lilly and Company is a manufacturer of human pharmaceutical products. It’s human pharmaceutical products include endocrinology products, neuroscience products, oncology products, immunology products and cardiovascular products. In the U.S., most of Lilly's pharmaceutical products are distributed through wholesalers that serve pharmacies, physicians and other health care professionals, and hospitals. Outside the U.S, the company promotes its products to healthcare providers primarily through sales represen...

Toro hikes dividend by 14.3%

The Toro Company (TTC) will raise its quarterly dividend by 14.3 percent to 30 cents in 2021. This follows a dividend hike of 5.0 percent to $0.2625 per share in 2020 and will mark the company's 13th consecutive year of annual dividend increases. The next TTC dividend is payable on January 11, 2022, to shareholders of record on December 28, 2021. A new annualized dividend rate of $1.20 per share yields 1.2% at a stock price of $98 for Toro.  The Toro Company is a provider of solutions for the outdoor environment including turf and landscape maintenance, snow and ice management, underground utility construction, rental and specialty construction, and irrigation and outdoor lighting solutions. Toro's products help customers care for golf courses, sports fields, construction sites, public green spaces, commercial and residential properties and agricultural operations. The company’s brands include Toro, Ditch Witch, Exmark, BOSS Snowplow, American Augers, Subsite Electronics, Hamm...

Saga Communications pays special dividend

Fortune Brands hikes dividend by 7.7%

ABM Industries hikes dividend by 2.6%

MGM Growth Properties hikes dividend by 1%

MGM Growth Properties LLC (MGP) will raise its quarterly dividend by another 1.0 percent to 52.5 cents quarterly. This marks the fourth dividend hike in 2021 by MGP for a total increase of 7.7 percent. The next MGP dividend will be payable on January 14, 2022 to shareholders of record as of the close of business on December 31, 2021. This is the 15th dividend increase since MGP's initial public offering in April 2016.   MGM Growth Properties LLC is one of the leading publicly traded real estate investment trusts engaged in the acquisition, ownership and leasing of large-scale destination entertainment and leisure resorts, whose diverse amenities include casino gaming, hotel, convention, dining, entertainment and retail offerings. The company owns Las Vegas Strip properties including Mandalay Bay, The Mirage, Monte Carlo, New York-New York, Luxor and Excalibur.

Indus Realty Trust hikes dividend by 6.7%

INDUS Realty Trust, Inc. (INDT), a U.S.-based industrial/logistics REIT, announced today that its Board of Directors has declared a cash dividend of $0.16 per share of common stock for the fourth quarter of 2021, a 6.7% increase over the cash dividend per share in the third quarter of 2021.  The dividend will be payable on January 14, 2022, to stockholders of record on December 30, 2021. A new annual dividend rate of $0.64 per share yields  INDUS is a real estate business principally engaged in developing, acquiring, managing and leasing industrial/logistics properties. The Trust is an acquiror, developer and asset manager of industrial/logistics real estate in the United States. It also owns a limited number of office/flex properties. The Trust owns buildings including industrial/logistics buildings in Connecticut, Pennsylvania, North Carolina and Florida. In addition, it also has undeveloped land.  INDUS owns 35 industrial/logistics buildings aggregating approximat...

Waterstone Financial pays special dividend

Waterstone Financial (WSBF) will pay a special dividend of $0.50 per share in 2022. The regular quarterly dividend is $0.20 per share. Earlier this year WSBF already paid another special dividend of $0.50 per share. The regular dividend yields 3.8% at a stock price of $21.50. Both the WSBF dividends are payable on February 1, 2022, to shareholders of record at the close of business on January 10, 2022. Waterstone Financial, Inc. is the holding company of community bank WaterStone Bank SSB (WaterStone Bank). Waterstone Financial, Inc. is the savings and loan holding company for WaterStone Bank. WaterStone Bank was established in 1921 and offers a full suite of personal and business banking products. The Bank has branches in Wauwatosa/State St, Brookfield, Fox Point/North Shore, Franklin/Hales Corners, Germantown/Menomonee Falls, Greenfield/Loomis Rd, Milwaukee/Oklahoma Ave, Oak Creek/27th St, Oak Creek/Howell Ave, Oconomowoc/Lake Country, Pewaukee, Waukesha, West Allis/Greenfield A...

Realty Income hikes dividend by 0.2%

Realty Income Corporation (O) will raise its monthly dividend by another 0.2 percent to $0.2465 per share in the 4th quarter of 2021. This comes after four increases in 2021 by the Dividend Aristocrat. Realty Income has raised its monthly dividend for 27 years in a row if 2021 is included. Dividend growth is 5.1 percent YTD. The dividend is payable on January 14, 2022 to shareholders of record as of January 3, 2022. This is the 114th dividend increase since Realty Income's listing on the NYSE in 1994. The ex-dividend date for January's dividend is December 31, 2021. The new monthly dividend represents an annualized dividend amount of $2.958 per share as compared to the current annualized dividend amount of $2.952 per share. "As we approach the end of 2021, I'm pleased that our Board of Directors has once again determined that Realty Income can increase the amount of the monthly dividend," said Sumit Roy, President and Chief Executive Officer of Realty Income. ...

Franklin Resources dividend raised by 3.6% in 2021

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Dividend Aristocrat  Franklin Resources (ticker symbol BEN) has just announced a dividend hike of 3.6 percent to 29 cents per share. The investment management company has now increased its dividend 41 years in a row.

Franklin Resources hikes dividend by 3.6%

Dividend Aristocrat Franklin Resources (BEN) will raise its quarterly dividend by 3.6 percent to 29 cents per share in 2021. This follows a dividend hike of 3.7 percent to 28 cents per share in 2020. Franklin Resources has raised its dividend 41 consecutive years. The next BEN dividend will be payable on January 14, 2022 to stockholders of record holding shares of common stock at the close of business on December 31, 2021.  A new annualized dividend rate of $1.16 per share yields 3.4% at a stock price of $33.73. Dividend growth has been slowing the last two year with the average dividend growth rate in the last five years dropping below 10 percent this year. Franklink Resources now pays an estimated $582 million, up from 555 million, in dividends to its shareholders annually. Franklin Resources, Inc. is an investment management organization operating as Franklin Templeton Investments. The company provides investment management and related services to retail, institutional and high...

WD-40 hikes dividend by 8.3%

WD-40 (WDFC) will raise its quarterly dividend by another 8.3 percent to 78 cents per share in 2021. This comes after a 7.5 percent to 72 cents per share earlier in 2021. Last year the maintenance products maker did not announced a dividend hike with the previous increase dating back to 2020 when a 9.8 percent hike to $0.67 per share was announced. This 2021 increase represents the 12th consecutive year the company has raised its annual dividend based on calendar years. The next quarterly WDFC dividend is payable January 31, 2022 to stockholders of record at the close of business on January 14, 2022. A new annualized dividend rate of $3.12 per share yields 1.3% at a stock price of $251. WD-40 currently pays shareholders an estimated total dividend amount of $43 million annually. WD-40 Company develops and sells maintenance products, and homecare and cleaning products which solve problems in workshops, factories and homes. The company sells its products worldwide primarily through ware...

Aecom initiates dividend

AECOM (ACM), an infrastructure consulting firm, announced today that its Board of Directors has declared a quarterly cash dividend as part of the initiation of a recurring quarterly dividend program. The initial quarterly dividend of $0.15 per share will be paid on January 21, 2022 to stockholders of record as of January 5, 2022. The company intends to increase its dividend per share by a double-digit percentage annually.  A 60 cent per share annual dividend will yield 0.8% at a stock price of $74. AECOM’s capital allocation policy is built on a commitment to return substantially all available cash flow to stockholders. The initiation of a quarterly dividend program is consistent with the Company’s capital allocation policy and complements the Company’s expected ongoing share repurchase program. “The initiation of a quarterly dividend payment with the intent to increase it by double digits annually is a significant milestone in our history that affirms our ongoing intention to cons...

American Financial Group pays special dividend

American Financial Group, Inc. (AFG) will pay yet another special dividend of $2.00 per share. This comes after a special dividend of $4.00 per share announced one month ago. The insurance holding company last raised its quarterly dividend by 12 percent to 56 cents per share in August and has now declared $26.00 per share in special dividends in 2021. The regular annual dividend rate of $2.24 per AFG share yields 1.6% at a stock price of $139. The $2.00 special AFG dividend is payable on December 30, 2021 to shareholders of record on December 24, 2021. With this special dividend, the American Financial has declared $26.00 per share in special dividends in 2021. AFG Co-CEOs Carl H. Lindner III and S. Craig Lindner stated: “Returning excess capital to shareholders in the form of this $2.00 special dividend is an important and effective component of our capital management strategy; it reflects AFG’s strong financial position and our confidence in the Company’s financial future. Our excess...

SEI Investments hikes dividend by 8.1%

SEI Investments (SEIC) will raise its semi-annual dividend by 8.1 percent to 40 cents per share. This follows a dividend hike of 5.7 percent to 37 cents per share in 2020. This marks the 31st consective year of dividend increases by the investment management company. The next SEIC cash dividend will be payable to shareholders of record on Dec. 21, 2021, with a payment date of Jan. 7, 2022. A new annualized dividend rate of 80 cents per share yields 1.4% at a stock price of $60.66. The Board of Directors of SEI Investments Company also approved an increase in its stock repurchase program by an additional $200 million , increasing the available authorization under the program to approximately $261 million . SEI Investments Company provides investment processing, investment management and investment operations solutions. The company’s clients include corporations, financial institutions, financial advisors, and ultra-high-net-worth families. The company's business platforms include: ...

Trinity Industries hikes dividend by 9.5%

Trinity Industries (TRN) will raise its quarterly dividend by 9.5 percent to $0.23 per share. Last year TRN hiked its dividend by 10.5 percent.  The next TRN quarterly cash dividend, representing Trinity’s 231st consecutively paid dividend, is payable January 31, 2021 to stockholders of record on January 14, 2021. The dividend yield for TRN is 3.2% at a stock price of $29.11. Trinity Industries, Inc., headquartered in Dallas, Texas, owns businesses that provide rail transportation products and services in North America. The company's TrinityRail integrated business platform provides railcar manufacturing, maintenance and modifications, as well as railcar leasing and management services. Trinity also owns businesses engaged in the manufacture of products used on the nation’s roadways and in traffic control, as well as logistical and transportation businesses that provide support services to a variety of industrial manufacturers. Trinity's business segments are: the Rail Group, ...

AMCON Distributing pays $5.00 special dividend

Union Pacific hikes dividend by 10.3%

FNB Bancorp pays special dividend

Broadcom hikes dividend by 13.9%

C.H. Robinson hikes dividend by 7.8%

Lamar Advertising pays special dividend

Edison International hikes dividend by 5.7%

CVS Health hikes dividend by 10%

Pfizer hikes dividend by 2.6%

Abbott Laboratories hikes dividend by 4.4%

Cerner hikes dividend by 22.7%.

Erie Indemnity hikes dividend by 7.2%

CME Group pays special dividend

Stryker hikes dividend by 10.3%

Tecnoglass hikes dividend by 136.4%

Abbott Laboratories dividend history | 50 years increased in 2021

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Dividend Aristocrat Abbott Laboratories (ticker symbol ABT) will raise its quarterly dividend by 4.4 percent to $0.47 per share in 2021. This marks the 50th consecutive year of dividend increases by the healthcare company.

W.P. Carey hikes dividend by 0.3%

W. P. Carey (WPC) will raise its quarterly dividend by another 0.3 percent to $1.055 per share in Q4 of 2021. This is the fourth small dividend hike announced in 2021 by the net lease commercial real estate investment trust. W.P. Carey has now raised its dividend 23 consecutive years. The next WPC dividend is payable on January 14, 2022 to stockholders of record as of December 31, 2021. The new annualized dividend rate of $4.22 per share yields 5.3% at a stock price of $79 for W.P. Carey.  Dividend growth has been slowing significantly over the last couple of years, despite the company hiking its dividend every quarter. Last year the total dividend was increased by 0.8 percent, following a 2.0 percent dividend hike announced in 2018. The last time W.P. Carey hiked its dividend by double digits was in 2013, with a 31.8 percent dividend boost. The 2019 dividend hike of 0.8 percent was the smallest one announced in over a decade by the real estate investment trust. W. P. Carey Inc. is...

Johnson Controls hikes dividend by 25.9%

Johnson Controls International plc (JCI) will raise its quarterly dividend by another 25.9 percent to 23 cents per share. This follows a dividend hike of 3.8 percent to $0.27 per share announced earlier in 2021.  The next JCI dividend is payable on January 14, 2022 to shareholders of record at the close of business on December 20, 2021. A new annual dividend rate of $1.36 per share yields 1.7% at a stock price of $79. In its press release dated December 8, 2021, announcing this new dividend hike JCI states that the increased dividend remains within the company's targeted annual payout ratio of 40 to 45 percent of adjusted earnings per share and forms part of a balanced capital deployment strategy that also includes a previously announced plan to repurchase approximately $1.4 billion in shares in FY22, while maintaining the capacity to pursue strategic acquisitions to further strengthen the capabilities in connected, digitally-enabled technologies and software, sustainability, and e...

Carrier Global hikes dividend by 25%

Carrier Global Corp (CARR) will raise its quarterly dividend by 25 percent to $0.15 quarterly per share. This follows a dividend hike of 50 percent to 12 cents per share announced last year. The company started paying a quarterly dividend of $0.08 per share earlier in 2020. This is the 2nd dividend hike announced by the company since its separation from United Technologies (now Raytheon Technologies). The next CARR dividend of 15 cents quarterly will be payable on February 10, 2022 to shareowners of record at the close of business on December 23, 2021. An annualized dividend rate of $0.60 per share yields 1.1% at a stock price of $56.16. "Since becoming an independent company, Carrier has delivered outstanding results in a challenging environment, generated strong cash flow and has substantially improved our balance sheet position," said Carrier Chairman & CEO Dave Gitlin. "This dividend increase reflects those improvements, the Board's confidence in Carrier'...

UTZ Brands hikes dividend by 10%

Landstar System pays special dividend

Landstar System, Inc. (LSTR) will pay shareholders another special dividend of $2.00 per share, exactly like it did one year ago. Earlier this year the transportation management solutions provider had already announced a 19 percent dividend hike to 25 cents per share. Logistics company LSTR has increased its dividend for 16 consecutive years. The special dividend of $2.00 per share will be payable on January 21, 2022, to Landstar System stockholders of record as of the close of business on January 7, 2022. The regular annual dividend rate of $1.00 per share for LSTR yields 0.6% at a stock price of $177. Landstar System also announced a new stock purchase program with the company's board of directors increasing the number of shares of its common stock that the company is authorized to purchase under its stock purchase program to 3,000,000. The increase to the share purchase program reflects a new authorization to purchase 1,912,824 shares of Landstar System common stock in addition ...

Bank7 hikes dividend by 9.1%

Bank7 Corp. (BSVN), the parent company of Oklahoma City-based Bank7, will hike its quarterly dividend by 9.1 percent to $0.12 per common share. This dividend represents the second consecutive annual increase in BSVN's quarterly cash dividend.  The next BVSN dividend will be paid on January 7, 2022 , to shareholders of record as of the close of business on December 23, 2021. A 48 cent per share annual dividend for Bank7 yields 2.1% at a stock price of $22.50. Thomas L. Travis, President and CEO of the Company said, "Today's announcement of a second consecutive annual increase in quarterly cash dividend reflects confidence in our strong earnings, is further supported by our strong capital position, and reaffirms our commitment to prudently return capital to shareholders." Bank7 Corp. is a bank holding company headquartered in Oklahoma City, Oklahoma. Through its wholly-owned subsidiary, Bank7, BVSN operates nine full-service branches in Oklahoma, the Dallas/Fort Worth,...

Torrington Water hikes dividend by 5.9%

Torrington Water (TORW) will raise its quarterly dividend by 5.9 percent to 36 cents per share in 2021. Last year the water utility announced a dividend hike of 6.3 percent. The 2021 will mark the 15th year in a row of dividend increases for TORW. The next TORW dividend of $0.36 per share will be paid on December 27, to shareholders of record on December 20, 2021. The ex-dividend date for Torrington Water is December 17. The dividend yield is 3.2%. Torrington Water Co is headquartered in Torrington, Connecticut, United States and is a water supply system operator. The company's key areas of interest are Water Utilities.

ConocoPhillips starts with variable quarterly dividends

Energy company ConocoPhillips (COP) will start paying quarterly variable dividends to shareholders on top of its regular quarterly dividend of currently $0.46 per share. COP announced several updates that highlight the company’s differentiated value proposition. This announcement follows the recent closing of the company’s acquisition of Shell’s Permian Basin properties on December 1 for net cash of $8.6 billion. Conoco announced its expected 2022 returns of capital program and the initiation of a three-tier returns of capital framework. The three-tier framework is structured to continue delivering a compelling, growing ordinary dividend and through-cycle share repurchases, now with the addition of a variable return of cash (VROC) tier. The VROC tier will provide another flexible tool for meeting the company’s commitment of returning greater than 30% of CFO during periods when commodity prices are meaningfully higher than the company’s planning price range. The VROC will be determi...

VSE Corp hikes dividend by 11.1%

Hooker Furniture hikes dividend by 11.1%

Pentair dividend history | 46 consecutive years of increases

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The average dividend growth rate for Pentair is 4.0% based on the last five years In a very busy week for Dividend Aristocrats Pentair has just announced its annual dividend hike with a five percent increase to its quarterly cash dividend. The industrial company has now raised its dividend 46 consecutive years.

Zoetis hikes dividend by 30%

Global Industrial pays special dividend

Colliers International hikes dividend by 200%

Colliers International (CIGI) announced today that the Company's Board of Directors declared a semi-annual dividend of $0.15 per common share, payable on January 12, 2022, to stockholders of record at the close of business on December 31, 2021. A new annual dividend rate of 30 cents per share for CIGI will yield 0.3% at a stock price of $113.90. 

Hanover Insurance hikes dividend by 7.1%

Essential Properties Realty Trust hikes dividend by 4%

Essential Properties Realty Trust, Inc. (EPRT) will raise its quarterly dividend by another 4 percent to 26 cents per share in 2021. This comes after a dividend hike of 4.2 percent to 25 cents per share quarterly earlier in 2021. This marks the third consecutive year of dividend increases. Essential Properties Realty Trust has now raised its annual dividend for 3 consecutive years. If we include this new dividend hike just announced the company will pay an estimated annual dividend of $123 million to its shareholders. Essential Properties Realty Trust, Inc. is an internally managed real estate company that acquires, owns and manages primarily single-tenant properties that are net leased on a long-term basis to companies operating service-oriented or experience-based businesses. Essential Properties Realty Trust became a public company in 2018 and paid its first quarterly dividend later that year.

Retail Opportunity Investments pays special dividend

 Retail Opportunity Investments Corp. (NASDAQ:ROIC) announced today that its Board of Directors declared a special cash dividend of $0.07 per share payable on January 14, 2022 to stockholders of record on December 23, 2021. This special dividend is a result of gain on sale realized in connection with ROIC’s property disposition initiative during 2021.

The Buckle hikes dividend by 6.1% and pays special dividend

Choice Hotels hikes dividend by 5.6%

US hotel franchisor Choice Hotels International, Inc. (CHH) has announced a 5.6 percent dividend hike to 23.75 cents quarterly per share. Earlier this year CHH reinstated its dividend. The increased CHH dividend is payable on January 18, 2022, to shareholders of record on January 4, 2022.  This increase will result in a projected annual dividend rate of $0.95 per annum and yields  Choice Hotels International, Inc. is an international hotel franchisor. The company is one of the world's largest lodging companies and provides business and leisure travelers with a range of high-quality lodging options from limited-service to full-service hotels in the upscale, midscale, extended stay and economy segments. It franchises lodging properties under brand names, including Comfort Inn, Comfort Suites, Quality, Clarion, Sleep Inn, Econo Lodge, Rodeway Inn, MainStay Suites, Suburban Extended Stay Hotel, Cambria hotels & suites, and Ascend Hotel Collection.

Alexandria Real Estate Equities hikes dividend by 2.7%

Real estate investment trust Alexandria Real Estate Equities (ARE) will raise its quarterly dividend by another 2.7 percent to $1.15 per share in 2021. The year 2021 will mark 12 years of higher dividends by the REIT. Earlier this year ARE already announced a 2.8 percent dividend hike. The next ARE dividend is payable on January 14, 2022, to shareholders of record on December 31, 2021. The new annual dividend rate of $4.48 per share yields 2.2% at a stock price of $206. Alexandria Real Estate Equities, Inc. is an urban office real estate investment trust (REIT) focused on collaborative life science and technology campuses in AAA innovation cluster locations. Its locations include Greater Boston, San Francisco, New York City, San Diego, Seattle, Maryland and Research Triangle. Alexandria Real Estate Equities was founded in 1994 and has paid a dividend every year since 1997.

Ecolab triples dividend growth in 2021

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Ecolab hiked its dividend by only 2 percent in both 2020 and 2019 Dividend Aristocrat Ecolab will raise its dividend by 6.3 percent to $0.51 per share in 2021. This follows a dividend hike of just 2.1 percent last year. Ecolab has now boosted its dividend 30 consecutive years.

Dole initiates dividend

AES hikes dividend by 5%

Amgen hikes dividend by 10.2%

Graco hikes dividend by 12%

Graco Inc. (GGG) will raise its quarterly dividend by 12 percent to 21 cents per share in 2021. This follows a dividend hike of 7.1 percent to $0.1875 per share in 2021 and marks 25 consecutive years of increased dividends by the industrial company. Graco now pays an estimated $143 million in dividends to shareholders annually. The last double digit dividend hike was announced 3 years ago by the company with a 20.8 percent increase. The average dividend growth rate in the last five years now stands at 11.8 percent annually. Graco Inc. supplies technology and expertise for the management of fluids and coatings in both industrial and commercial applications. The company designs, manufactures and markets systems and equipment to move, measure, control, dispense and spray fluid and powder materials. Minneapolis-based Graco serves customers around the world in the manufacturing, processing, and construction and maintenance industries. Graco was originally founded by Russell and Leil Gray a...

Morningstar hikes dividend by 14.3%

Nucor announces biggest dividend hike since 2007

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Nucor has raised its dividend 49 years in a row © dividendtrackrecords.com Dividend Aristocrat and steel company Nucor (symbol: NUE) has just announced a massive dividend increase in 2021. The best performing Aristocrat YTD will pay shareholders 23.5 percent more dividend with a new quarterly rate of 50 cents per share.

National Beverage pays special dividend

AXIS Capital hikes dividend by 2.4%

Raymond James Financial hikes dividend by 30.8%

Ecolab hikes dividend by 6.3%

Rent-A-Center hikes dividend by 9.7%

PotlatchDeltic hikes dividend by 7.3% and pays special dividend

Culp hikes dividend by 4.5%

Territorial Bancorp pays special dividend

Quanta Services hikes dividend by 16.7%

Stewart Information Services hikes dividend by 13.6%

Universal Health Realty Income Trust hikes dividend by 0.7%

PS Business Parks pays special dividend

PulteGroup hikes dividend by 7.1%

Owens Corning hikes dividend by 34.6%

SL Green Realty hikes dividend by 2.5% and pays special dividend

Eastman Chemical hikes dividend by 10.1%

On December 2, 2021, Eastman Chemical (EMN) announced that it will raise its quarterly dividend by 10.1 percent to 76 cents. This marks the 12th consecutive year of dividend increases by the materials and specialty additives company. The next EMN dividend is payable January 7, 2021, to stockholders of record as of December 15, 2021. Eastman Chemical Company (Eastman) is a global advanced materials and specialty additives company. The company's operating segments are: Additives & Functional Products ("AFP"), Advanced Materials ("AM"), Chemical Intermediates ("CI"), and Fibers. Through AFP Eastman manufactures chemicals for products in the transportation, consumables, building and construction, animal nutrition, crop protection, energy, personal and home care, and other markets. AM produces and markets polymers, films, and plastics. The CI segment leverages large scale and vertical integration from the cellulose and acetyl, olefins, and alkylamines s...

Nucor hikes dividend by 23.5%

WEC Energy hikes dividend by 7.4%

McCormick hikes dividend by 8.8%

McCormick (MKC) will raise its quarterly dividend by 8.8 percent to $0.37 per share in 2021. This follows a dividend increase of  9.7 percent to 68 cents per share by MKC in 2020 and marks the Dividend Aristocrat´s 36th year in a row of dividend increases. The next MKC dividend is payable January 10, 2022 to shareholders of record December 31, 2021. A new annual dividend rate of $1.48 per share yields 1.7% to McCormick shareholders at a stock price of $85.82. The ex-dividend date for the increased MKC dividend is December 30, 2021. Lawrence E. Kurzius, Chairman, President & CEO, said "Our focus on growth is relentless as we continue to drive McCormick forward and further build value for all of our shareholders. We are proud to be a Dividend Aristocrat and remain committed to our long history of returning cash to shareholders. I am delighted to announce another dividend increase." McCormick & Company, Incorporated manufactures, markets and distributes spices, seasonin...

McCormick keeps rewarding shareholders with higher dividends

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Dividend Aristocrat McCormick has now raised its dividend 36 consecutive years Dividend Aristocrat McCormick & Company (symbol: MKC) has rewarded investors with yet another nice dividend increase in 2021. Shareholders will receive a 8.8 percent dividend increase to $0.37 quarterly per share.  McCormick, a US manufacturer of spices, seasoning mixes, condiments and other flavorful products, has paid dividends each year since 1925.

EastGroup Properties hikes dividend by 22.2%

Dividend News Headlines

Realty Income hikes dividend by 0.2%

Edison International hikes dividend by 6%

Preferred Bank hikes dividend by 6.7%

Bristol-Myers Squibb hikes dividend by 1.6%

Centerpoint Energy hikes dividend by 4.5%