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Showing posts from January, 2022

Summit Bancshares cuts dividend by 44.4%

Charles Schwab hikes dividend by 11.1%

Charles Schwab (SCHW) declared a new quarterly dividend rate of $0.20 per share, up 11.1% from the previous quarterly rate of $0.18 per share. The next ex-dividend date is February 10, 2022. The Charles Schwab Corporation is financial services provider. The company's products and services include brokerage accounts, corporate retirement plans, banking accounts, and management of client assets. Through its operating subsidiaries, the company provides a full range of wealth management, securities brokerage, banking, money management, custody, and financial advisory services to individual investors and independent investment advisors. Its broker-dealer subsidiary, Charles Schwab & Co., Inc., and affiliates offer a complete range of investment services and products including a selection of mutual funds; financial planning and investment advice; retirement plan and equity compensation plan services; referrals to independent fee-based investment advisors; and custodial, operational a...

Citizens Community Bancorp hikes dividend by 13%

Sound Financial Bancorp pays special dividend

Sturgis Bancorp hikes dividend by 6.3%

SmartFinancial hikes dividend by 16.7%

FB Financial hikes dividend by 18.2%

Cheniere Energy Partners hikes distribution by 2.9%

First Business Financial Services hikes dividend by 9.7%

Tractor Supply hikes dividend by 76.9%

Tractor Supply (TSCO) will raise its quarterly dividend by 76.9 percent to $0.92 per share in 2022. This follows a dividend hike of 30 percent to 52 cents per share in 2021 and marks 12 consecutive years of higher dividends paid to shareholders. This also is the biggest dividend hike by TSCO on record. The next dividend will be paid March 8, 2022, to stockholders of record on February 21, 2022. A new annualized rate of $3.68 per share yields 1.7% at a stock price of $215. Tractor Supply Company is a rural lifestyle retailer that supplies basic maintenance products to home, land, pet and animal owners. The company operates retail stores under the names Tractor Supply Company, Del’s Feed & Farm Supply, and Petsense. The stores, focused on supplying the needs of recreational farmers and ranchers, tradesmen and small businesses, are located primarily in towns outlying major metropolitan markets and in rural communities. The company was founded in 1938 by Charles E. Schmidt Sr. of Chic...

Dominion Energy hikes dividend by 6%

Dominion Energy (D) will hike its quarterly dividend by 6 percent to 66.75 cents in 2022. This follows a cut in 2021 by the utility, ending 17 consecutive years of dividend increases. The next D dividend is payable on March 20, 2022, to shareholders of record at the close of business March 4, 2022. A new annualized dividend rate of $2.67 per share yields 3.4% at a stock price of $79. Dominion Energy is a provider of electricity, natural gas and related services to customers primarily in the eastern and Rocky Mountain regions of the United States. Dominion Energy’s portfolio of assets include electric transmission lines, electric distribution lines, natural gas transmission, gathering and storage pipelines and gas distribution pipelines. In January 2019, Dominion merged with SCANA Corporation, an energy company supplying electric power and natural gas to customers in the Carolinas and Georgia. The company is headquartered in Richmond, Virginia and incorporated in Virginia in 1983.

Cincinnati Financial hikes dividend by 9.5%

Cincinnati Financial (CINF) will raise its quarterly dividend by 9.5 percent to 69 cents per share in 2022. This follows a dividend hike of 5.0 percent to 63 cents per share in 2021. Dividend Aristocrat CINF has now raised its annual dividend for 61 consecutive years. The dividend is payable April 15, 2022, to shareholders of record as of March 18, 2022. A new annualized dividend rate of $2.76 per share yields 2.4% at a stock price of $117 for Cincinnati Financial. This is the biggest dividend increase since 2008 by CINF. Cincinnati Financial Corporation offers business, home and auto insurance through The Cincinnati Insurance Company and its two standard market property casualty companies. The same local independent insurance agencies that market those policies may offer products of CINF's other subsidiaries, including life insurance, fixed annuities and surplus lines property and casualty insurance. The company segments are commercial lines insurance, personal lines insurance, ex...

Booz Allen Hamilton hikes dividend by 16.2%

Booz Allen Hamilton Corp (BAH) will raise its quarterly dividend by 16.2 percent to 43 cents per share in 2022, marking 10 straight years of increased dividends. BAH hiked its dividend by 19.4 percent in 2021.  The consulting and engineering services company will pay its next dividend on March 2, 2022, to stockholders of record on February 11, 2022. A new annual dividend rate of $1.72 per share yields 2.3% at a stock price of $75.25. Booz Allen Hamilton Holding Corporation has now announced a double digit dividend hike in each of the last 10 years with special dividends payments also being paid in the first years. The company will now pay an estimated annual dividend of $230 million to shareholders. Booz Allen Hamilton Holding Corporation is a provider of management and technology, consulting and engineering services to the United States and international governments, corporations and not-for-profit organizations. The company was founded in 1914 by Edwin Booz, one of the pioneers ...

Nextera Energy Partners hikes distribution by 3.3%

OFG Bancorp hikes dividend by 25%

Central Pacific Financial hikes dividend by 4%

Home BancShares hikes dividend by 17.9%

Levi Strauss hikes dividend by 26%

Fidelity National Information Services hikes dividend by 20.5%

Juniper Networks hikes dividend by 5%

National Instruments hikes dividend by 3.7%

Polaris hikes dividend by 1.6%

First Bank hikes dividend by 100%

Wintrust Financial hikes dividend by 9.7%

East West Bancorp hikes dividend by 21.2%

HomeTrust Bancshares hikes dividend by 12.5%

Midwestone Financial Group hikes dividend by 5.6%

Arrow Financial hikes dividend by 3.8%

Hanmi Financial hikes dividend by 10%

Simmons First National hikes dividend by 5.6%

Cactus hikes dividend by 10%

Sandy Spring Bancorp hikes dividend by 6.3%

West Bancorporation hikes dividend by 4.2%

Murphy Oil hikes dividend by 20%

Church & Dwight hikes dividend by 4%

Nexstar Media Group hikes dividend by 28.6%

Weyerhaeuser pays special dividend

Alliance Resource Partners hikes distribution by 25%

Moog hikes dividend by 4%

Peoples Financial Services hikes dividend by 2.6%

Allegiance Bancshares hikes dividend by 16.7%

GATX hikes dividend by 4%

On January 278, 2022, GATX Corporation (GATX) declared a new quarterly dividend of $0.52 per share, up from $0.50 previously. The next ex-dividend date for GATX is February 24, 2022. In 2021 GATX hiked its dividend by 4.2%. GATX Corporation is a railcar leasing company with fleets in North America, Europe and Asia. In addition GATX operates a fleet of US-flagged vessels on the Great Lakes and owns and manages other assets. The company operates through four business segments: Rail North America, Rail International, Portfolio Management, and American Steamship Company (“ASC”). GATX, headquartered in Chicago, Illinois, since its founding in 1898, has paid quarterly dividends without interruption since 1919.

FS Bancorp hikes dividend by 33.3%

HBT Financial hikes dividend by 6.7%

CMS Energy hikes dividend by 5.7%

SJW Group hikes dividend by 5.9%

Homestreet hikes dividend by 40%

Hilltop Holdings hikes dividend by 25%

Chevron hikes dividend by 6%

Dividend Aristocrat Chevron Corporation (CVX) will increase its quarterly dividend by 6 percent to $1.42 per share in 2022. This comes after a dividend hike of 3.9 percent to $1.34 per share in 2021 and will mark the 35th consecutive year of higher dividend paid by CVX. The next dividend is payable March 10, 2022, to all holders of common stock as shown on the transfer records of the Corporation at the close of business February 16, 2022. The ex-dividend date for the next Chevron dividend payment is February 15, 2022. A new annualized dividend rate of $5.68 per share yields 4.4% at a stock price of $130. Chevron Corporation is global energy company. The company operates through two business segments, Upstream and Downstream, through which produces and transports crude oil and natural gas and refines, markets, and distributes fuels. Chevron is also involved in chemical and mining operations, power generation, and energy services. Earnings of the company depend mostly on the profitabili...

Ciner Resources hikes distribution by 91.2%

Arthur J. Gallagher hikes dividend by 6.3%

Arthur J Gallagher & Co (AJG) will raise its quarterly dividend by 6.3 percent to 51 cents per share in 2022. This marks the 12th consecutive year of dividend increases by the insurance broker. The next ex-dividend date is March 3, 2022. Arthur J. Gallagher & Co. plans, designs, and administers property/casualty insurance and risk management programs. The company also furnishes a broad range of risk management services including claims and information management, risk control consulting and appraisals to help corporations and institutions reduce their cost of risk. In addition, the company assists clients in all areas of their employee health/welfare and retirement plans, including plan design, funding and administration. Gallagher's initial public offering was on June 20, 1984.

Marketaxess Holdings hikes dividend by 6.1%

Hexcel reinstates dividend

Hexcel Corporation (NYSE: HXL) announced today that the Company’s Board of Directors has declared a regular quarterly cash dividend of $0.10 per share on the common stock of Hexcel, payable on February 18, 2022 to stockholders of record as of February 11, 2022.

Intel hikes dividend by 5%

Intel Corp (INTC) will raise its quarterly dividend by 5 percent to $0.365 per share in 2022. This comes after a dividend hike of 5.3 percent to $0.3475 per share in 2021 and also marks the 8th consecutive year of annual dividend increases by the semiconductor company. The next Intel dividend will be payable on March 1, 2022, to shareholders of record on February 7, 2022. The new annual dividend of $1.46 per share yields 3.0% at a stock price of $48.16 for INTC.  Intel will now pay an estimated $5.9 billion in dividends to its shareholders annually. The average dividend growth rate in the last five years now is exactly 6.0 percent, with steady 5 percent dividend hikes on average in the last four years if we include this new INTC dividend hike just announced. Intel Corporation designs, manufactures, and sells computer components and related products. Intel’s products include microprocessors, chipsets, embedded processors and microcontrollers, flash memory, graphic, network and comm...

Applied Industrial Technologies hikes dividend by 3%

HCA Healthcare hikes dividend by 16.7%

Teradyne hikes dividend by 10%

Investors Bancorp hikes dividend by 14.3%

Republic Bancorp hikes dividend by 10.7%

Marathon Oil hikes dividend by 16.7%

USD Partners hikes dividend by 2.1%

Jacobs Engineering hikes dividend by 9.5%

Schneider National hikes dividend by 14.3%

Stifel Financial hikes dividend by 100%

Stifel Financial Corp (SF) will double its quarterly dividend from $0.15 to $0.30 per share. This marks 5 consecutive years of dividend growth by SF. The next ex-dividend date will be February 28, 2022. In 2021 the company hiked its dividend by 32.4%. Stifel Financial Corp. is a financial services holding company headquartered in St. Louis, Missouri, that conducts its banking, securities, and financial services business through several wholly owned subsidiaries. The Company’s broker-dealer affiliates provide securities brokerage, investment banking, trading, investment advisory, and related financial services to individual investors, professional money managers, businesses, and municipalities.

Penske Automotive hikes dividend by 2.2%

 Penske Automotive (PAG) will hike its dividend to 47 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.

California Water Service Group hikes dividend by 8.7%

Bankwell Financial Group hikes dividend by 11.1%

Anthem hikes dividend by 13.3%

Anthem Inc (ANTM) will raise its quarterly dividend by 13.3% to $1.28 quarterly per share. This marks 11 straight years of dividend growth by ANTM. The next ex-dividend date is March 9, 2022. Anthem, Inc. is a health benefits company. The company offers managed care plans to large and small employer, individual, Medicaid and Medicare markets. Anthem has three reportable segments: Commercial & Specialty Business (comprised of the Local Group, National Accounts, Individual and Specialty businesses); Government Business (comprised of the Medicaid and Medicare businesses, National Government Services, and the Federal Employee Program); and Other (comprised of certain eliminations and corporate expenses not allocated to either of our other reportable segments). The company was formed when WellPoint Health Networks Inc. and Anthem, Inc. merged in 2004.

Unitil hikes dividend by 2.6%

NiSource hikes dividend by 6.8%

Kimberly-Clark hikes dividend by 1.8%

Kimberly-Clark Corporation (KMB) will raise its quarterly dividend by 1.8 percent to $1.16 per share in 2022. The Dividend Aristocrat has now raised its dividend 50 consecutive years. The next KMB dividend will be payable on April 4, 2022 to stockholders of record on March 4, 2022. A new annualized dividend rate of $4.62 per share for KMB yields 3.8% at a stock price of $122. Kimberly-Clark Corporation is a manufacturer of products mostly made from natural or synthetic fibers using advanced technologies in fibers, nonwovens and absorbency. The company's operating segments are: Personal Care, Consumer Tissue and K-C Professional. The company's brands include Huggies, Kleenex, Scott, Kotex, Cottonelle, Poise, Depend, Andrex, Pull-Ups, GoodNites, Intimus, Neve, Plenitud, Viva and WypAll. Kimberly-Clark Corporation, orginally established in 1872, was incorporated in Delaware in 1928.

Premier Financial hikes dividend by 7.1%

Global Partners hikes distribution by 1.7%

Energy Transfer hikes distribution by 14.8%

Norfolk Southern hikes dividend by 13.8%

Norfolk Southern (NSC) declared a new quarterly dividend of $1.24 per share, up from $1.09 previously. This 13.8% dividend hike marks 6 consecutive years of dividend growth for the railroad company. The next ex-dividend date for the increased dividend from NSC is February 3, 2022. Norfolk Southern Corporation is a rail transportation company. Its Norfolk Southern Railway Company subsidiary operates approximately route miles in 22 states and the District of Columbia, serves every major container port in the eastern United States, and provides connections to other rail carriers. Norfolk Southern transports industrial products, including chemicals, agriculture, and metals and construction materials. In addition, the railroad is a principal carrier of coal, automobiles, and automotive parts. Since its inception in 1982, Norfolk Southern has paid consecutive quarterly dividends on its common stock.

Washington Federal hikes dividend by 4.3%

Cambridge Bancorp hikes dividend by 4.9%

Wells Fargo hikes dividend by 25%

Western New England Bancorp hikes dividend by 20%

Dividend Aristocrat ADM raises dividend by 8 pct in 2022

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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.

Archer Daniels Midland hikes dividend by 8.1%

Dividend Aristocrat Archer Daniels Midland Co (ADM) will raise its quarterly dividend by 8.1 percent to $0.40 per share in the first quarter of 2022. This marks the 47th consecutive year of annual dividend increases by the agricultural commodities company. ADM’s Board of Directors has declared a cash dividend of 40.0 cents per share on the company’s common stock, an 8.1% increase from last quarter’s dividend of 37.0 cents per share. The dividend is payable on March 1, 2022, to shareholders of record on Feb. 8, 2022. A new annual dividend rate of $1.60 per share yields an estimated 2.3% at a stock price of $68.59. Archer Daniels Midland Company is a producer of food and beverage ingredients, and other products made from oilseeds, corn, wheat, and other agricultural commodities. The company's products include natural flavors and colors, health and nutrition products, vegetable oil, corn sweeteners, flour, animal feed, and biofuels. Archer-Daniels-Midland was incorporated in Delaware...

American Express hikes dividend by 20%

American Express (AXP) plans to increase the regular quarterly dividend on its common shares outstanding by approximately 20 percent, from 43 cents to 52 cents per share beginning with the first quarter 2022, subject to approval by the company’s board of directors. This is the first dividend hike by AXP since 2019.

Shutterstock hikes dividend by 14.3%

Shutterstock (SSTK) will raise its quarterly dividend by 14.3 percent to $0.24 per share in 2022. This follows a 23.5 percent dividend hike last year by the global creative platform offering full-service solutions, high-quality content, and applications for brands, businesses and media companies. The next SSTK dividend is payable on March 17, 2022, to stockholders of record at the close of business on March 3, 2022. A new annual dividend rate of 96 cents per share yields 1% at a stock price of $94.44. Commenting on the announcement, Stan Pavlovsky, the Company's Chief Executive Officer, said, "The Board's decision to increase the quarterly dividend shows the confidence we have in the trajectory of our business, and I am pleased that we are able to continue fulfilling our commitment to return value to stockholders." Shutterstock, Inc. is a global creative platform offering full-service solutions, high-quality content, and applications for brands, businesses, and media ...

Banner Corp hikes dividend by 7.3%

RBB Bancorp hikes dividend by 7.7%

United Bancshares hikes dividend by 5%

Peoples Bancorp of North Carolina pays special dividend

South Plains Financial hikes dividend by 22.2%

Crane hikes dividend by 9.3%

Targa Resources hikes distribution by 250%

Enterprise Financial Services hikes dividend by 5%

Hess Midstream Partners hikes distribution by 1.2%

Timberland Bancorp hikes dividend by 4.8%

Park National hikes dividend by 1%

Western Midstream Partners hikes distribution by 2.5%

Alliant Energy hikes dividend by 6.2%

Independent Bank Corporation hikes dividend by 4.8%

Halliburton hikes dividend by 166.7%

Franklin Electric hikes dividend by 11.4%

Sierra Bancorp hikes dividend by 4.5%

Sierra Bancorp (BSRR), parent of Bank of the Sierra, announced that its Board of Directors has declared a regular quarterly cash dividend of $0.23 per share. 

NRG Energy hikes dividend by 7.7%

NRG Energy (NRG) will increase its quarterly dividend by 7.7 percent to 35 cents per share in 2022. This follows a dividend hike of  8.3 percent to 32.5 cents per share in 2021. In 2020 the energy company announced a stunning 900.0 percent increase to $0.30 per share, coming after a 79.3 percent dividend cut to just 3 cents quarterly back in 2016. The dividend is payable on February 15, 2022 to stockholders of record as of February 1, 2022. This dividend increase is in-line with the company’s previously announced annual dividend growth rate target of 7-9% per share.  If we include this new dividend hike by NRG Energy just announced the company will pay an estimated $343 million in dividends to shareholders annually. The average dividend growth rate in the last five years is no less than 63.5 percent annually, thanks to the huge hike announced in 2020. NRG Energy, Inc. is an energy company. The company’s core businesses include retail electricity and natural gas for reside...

Delek Logistics Partners hikes distribution by 2.6%

Consolidated Edison raises dividend 1.9% in 2022

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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.

National Bank Holdings hikes dividend by 4.5%

J.B. Hunt hikes dividend by 33.3%

Green Plains Partners hikes dividend by 1.1%

Consolidated Edison hikes dividend by 1.9%

Plumas Bancorp hikes dividend by 14.3%

Plumas Bancorp (PLBC), the parent company of Plumas Bank (the “Bank”), today announced that the Board of Directors declared a regular quarterly cash dividend on Plumas Bancorp common stock of $0.16 per share, payable February 15, 2022, to stockholders of record as of January 31, 2022.

Graham Holdings hikes dividend by 4.6%

 Graham Holdings Company (NYSE: GHC) today declared a regular quarterly dividend of $1.58 per share, payable on February 17, 2022, to shareholders of record on February 3, 2022.

EnLink Midstream hikes distribution by 20%

Mercantile Bank hikes dividend by 3.3%

Grandsouth Bancorp hikes dividend by 30%

Enterprise Bancorp hikes dividend by 10.8%

Entegris hikes dividend by 25%

Entegris (ENTG) will increase its quarterly dividend by 25 percent to 10 cents per share in 2022. This comes after a dividend hike of 14.3 percent to 8 cents per share in 2019. In 2017 the semiconductor company initiated a quarterly dividend and this is the second dividend hike since. The next ENTG dividend will be paid on February 23, 2022 to shareholders of record on the close of business on February 2, 2022. Based on a stock price of $127 the estimated dividend yield for Entegris is 0.3%. Entegris, Inc. is a developer, manufacturer and supplier of microcontamination control products, specialty chemicals and advanced materials handling solutions for manufacturing processes in the semiconductor and other high-technology industries. Entegris has manufacturing, customer service and/or research facilities in the United States, China, France, Germany, Israel, Japan, Malaysia, Singapore, South Korea and Taiwan.

Union Bankshares hikes dividend by 6.1%

Metrocity Bankshares hikes dividendf by 7.1%

First Community Corporation hikes dividend by 8.3%

Fastenal hikes dividend by 10.7%

ONE Gas hikes dividend by 6.9%

Jefferies Financial hikes dividend by 20%

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

Apogee Enterprises hikes dividend by 10%

Apogee Enterprises (APOG) will raise its quarterly dividend by 10 percent to 22 cents per share. This post will be updated later. 

UMH Properties hikes dividend by 5.3%

UMH Properties (UMH) will raise its quarterly dividend by 5.3 percent to $0.20 per share. This post will be updated later.

Kaiser Aluminium hikes dividend by 6.9%

Kaiser Aluminium (KALU) will raise its quarterly dividend by 6.9 percent to $0.77 per share. This post will be updated later.

Blackrock hikes dividend by 18.2%

Blackrock (BLK) will raise its quarterly dividend by 18.2 percent to $4.88 per share. This post will be updated later.

Lennar hikes dividend by 50%

Lennar Corporation (LEN) will raise its quarterly dividend by 50 percent to 37.5 cents per share. This post will be updated later. 

Gladstone Land hikes dividend by 0.2%

Canterbury Park Holding reinstates dividend

TD Synnex hikes dividend by 50%

Lakeland Financial hikes dividend by 17.6%

Ally Financial hikes dividend by 20%

Stag Industrial hikes dividend by 0.7%

Ruth's Hospitality Group reinstates dividend

Viatris hikes dividend by 9.1%

Viatris Inc. (VTRS) will raise its dividend by 9.1 percent to 12 cents per share in 2021. Last year the pharmaceutical company started paying a quarterly dividend of 11 cents per share.  The new annual dividend of $0.48 per share for VTRS yields approximately 3.3% at a stock price of $14.50 for VTRS. The dividend will be payable on March 16, 2022 to shareholders of record at the close of business on February 24, 2022.   "We have been pleased with our strong underlying business performance and operational momentum and remain committed to returning capital to shareholders," said Michael Goettler, Chief Executive Officer of Viatris. Viatris Inc. , formerly Upjohn Inc., is a healthcare company. Viatris is specialized in delivering medicines to patients in countries and territories worldwide. It provides access to medicines, advance sustainable operations, develop solutions and leverage it's specializatiin to connect people to products and services through it's Global Heal...

Enterprise Products Partners hikes distribution by 3.3%

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 hikes dividend by 11.8%

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 hikes dividend by 3.5%

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 hikes dividend by 28.6%

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.

Life Storage hikes dividend by 16.3%

Life Storage (LSI) will raise its quarterly dividend by 16.3% to $1.00 per share in 2022. The dividend yield for LSI is 2.7% at a stock price of $146. The ex-dividend date is January 13, 2022. This post will be updated later.

Dividend News Headlines

Owens Corning hikes dividend by 14.5%

Morningstar hikes dividend by 9.9%

Albany International hikes dividend by 3.7%

TXNM Energy hikes dividend by 3.7%

Graco hikes dividend by 7.3%