Dividend Track Records

Dividend Aristocrat Archer Daniels Midland (ADM) will raise its quarterly dividend by 8.1% to 40 cents per share in the first quarter of 2022. This marks the 47th consecutive year of annual dividend increases by the agricultural commodities company.

Dividend Aristocrat Consolidated Edison (ED) will raise its quarterly dividend by 1.9 percent to 79 cents per share in 2022. This follows a dividend hike of 1.3 percent to $0.775 per share in 2021 and marks the utility company's 48th consecutive year of dividend increases.

Jefferies Financial (JEF) will raise its quarterly dividend by 20 percent to 30 cents per share. This post will be updated later. 

Enterprise Products Partners L.P. (EPD) will raise its quarterly distribution by 3.3 percent to $0.465 per unit. This follows a 1.1 percent hike announced by the MLP in the previous year. Enterprise has increased its cash distribution rate for 24 consecutive years. Enterprise Products Partners now pays an estimated $3.9 billion annually in distributions to unitholders. The quarterly distribution will be paid Friday, February 11, 2022, to common unitholders of record as of the close of business Monday, January 31, 2022. A new annual rate of $1.84 yields 7.9% at a stock price of $23.27 for Enterprise Products Partners. In addition, during the fourth quarter of 2021, Enterprise purchased $125 million of its common units in the open market, bringing the total amount of common unit buybacks during 2021 to $200 million. Including these repurchases, Enterprise has utilized 24 percent of its $2.0 billion buyback program authorized in January 2019. Enterprise Products Partners L.P. is a North A...

Royalty Pharma PLC (RPRX) has announced its second dividend hike since the pharmaceutical company became publicly listed in 2020 this year as one of the biggest initial public offerings in the United States. The company initiated a $0.15 per share quarterly dividend in 2020. Royalty Pharma will raise its dividend by 11.8 percent to $0.19 quarterly. This marks the second consecutive year with a double digit dividend hike by RPRX since the largest buyer of biopharmaceutical royalties initiated a 15 cent quarterly dividend in 2020. The dividend yield is 1.98%. Royalty Pharma will pay an estimated annual dividend of $461 million to its shareholders if we include this latest dividend hike. The next RPRX dividend will be paid on March 15, 2022, to shareholders of record at the close of business on February 18, 2022. Founded in 1996, Royalty Pharma is the largest buyer of biopharmaceutical royalties and a leading funder of innovation across the biopharmaceutical industry, collaborating wi...

Bank OZK (OZK) will raise its quarterly dividend by 3.5 to 30 cents per share in Q1 of 2022. Last year OZK announced four dividend hikes.  The common stock dividend is payable on January 21, 2022 to shareholders of record as of January 14, 2022. Bank OZK has increased its quarterly cash dividend on its common stock in each of the last forty-six quarters. A new annualized dividend rate of $1.20 per share yields 2.5% to Bank OZK shareholders at a stock price of $48.60.  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, Florida, Alabama, South Carolina, New York and California. The company's deposit services, including checking, savings, money market, time deposit and individual retirement accounts and loan services, including real estate, consumer, commercial, industrial and agricultural loans and leasing services. OZK also provid...

Alamo Group (ALG) will raise its quarterly dividend by 28.6% to $0.18 per share in 2022. The dividend yield for ALG is 0.5% at a stock price of $149. The ex-dividend date is January 17, 2022. This post will be updated later.