DividendTrackRecords.com

Paychex (PAYX) will raise its quarterly dividend by 19.7 percent to 79 cents per share in 2022. This follows a dividend hike of 6.5 percent to 66 cents per share in 2021. The integrated human capital management solutions provider has raised its dividend 112 consecutive years now based on dividends paid in calendar years. The next dividend is payable May 26, 2022 to shareholders of record May 12, 2022.  The next ex-dividend date for PAYX is May 11, 2022. A new annual rate of $3.16 per share yields 2.8% at a stock price of $115. Paychex will pay shareholders an estimated $1.14 billion in dividends annually. Paychex, Inc., incorporated in 1979, is a provider of integrated human capital management solutions for payroll, HR, retirement, and insurance services for small- to medium-sized businesses. The company has clients throughout the U.S. and Europe with operations in Germany. Paychex Flex is the company's proprietary HCM SaaS platform through which an integrated product suite, coveri...

Parker Hannifin Corporation (PH) announced on April 28, 2022, that it will increase its quarterly dividend by 29.1 percent to $1.33 per share. Last year by the motion and controls technology company hiked its dividend by 17 percent. The next PH dividend is payable June 3, 2022 to shareholders of record as of May 13, 2022. The new annualized dividend rate of $5.32 per share yields 1.9% at a stock price of $285. Parker Hannifin Corporation is a manufacturer of motion and control technologies and systems, providing precision engineered solutions for a range of mobile, industrial and aerospace markets. The company has two reporting segments: Diversified Industrial and Aerospace Systems. Parker Hannifin was incorporated in Ohio in 1938. Arthur L. Parker founded the Parker Appliance Company on March 13, 1917, in a small loft in Cleveland, Ohio, along with his business partner, Carl Klamm. In the early days, the company built pneumatic brake systems for trucks, trains, buses and industrial ma...

AGCO Corp (AGCO) on April 29, 2022 announced that it will raise its quarterly dividend by 20 percent to $0.24 quartery per share and pay a $4.50 per share special dividend. This follows a 25 percent dividend hike in 2021 when a $4.00 special dividend was paid.  AGCO Corporation is a manufacturer and distributor of agricultural equipment and solutions. AGCO products are sold through five core brands, Challenger, Fendt, GSI, Massey Ferguson and Valtra, supported by Fuse smart farming solutions. The company sells a range of agricultural equipment, including tractors, combines, self-propelled sprayers, hay tools, forage equipment, seeding and tillage equipment, implements, and grain storage and protein production systems. AGCO's segments are North America, South America, Europe/Middle East, and Asia/Pacific/Africa. The company was founded in 1990 and is headquartered in Duluth, Georgia, USA. AGCO has paid a dividend every year since 2013.

International Business Machines (IBM) will raise its quarterly dividend by another 0.6 percent to $1.65 per share in 2022. This comes after a similar small hikes of 0.6 percent in 2020 and 2021. This marks the 27th consecutive year of annual dividend increases by the technology company. The 0.6 percent hikes in the last three years are the smallest by the technology giant in the last 25 years. The next IBM dividend is payable June 10, 2022 to stockholders of record as of May 10, 2022. A new annualized dividend rate of  $6.60 per share yields 4.7% at a stock price of $137.76. IBM will now pay an estimated total of $5.9 billion in dividends to shareholders annually. Dividend growth has been slowing since 2016, with smaller increases every year. The last time IBM hiked its dividend by double digits was in 2015 with a 18.2 percent increase. This year's dividend hike, matching the 2020 and 2021 hike, is the smallest since IBM started hiking its dividend annually back in 1996. Internatio...

Insurance company MetLife (MET) will raise its quarterly dividend by 4.2 percent to 50 cents per share in 2022. This marks 10 consecutive years of dividend increases by the insurance company. The next MET dividend will be payable on June 14, 2022, to shareholders of record as of May 10, 2022. A new annual rate of $2.00 per share yields 3.2% at a stock price of $62 for Metlife. MetLife, Inc. is a financial services company with operations worldwide, including the United States, Japan, Latin America, Asia, Europe and the Middle East. The company provides insurance, annuities, employee benefits and asset management for individual and institutional customers. Metlife was founded in 1868 and is headquartered in New York. The company has paid a dividend every year since 2000.

Cheniere Energy Partners, L.P.  today declared a cash distribution of $1.06 per common unit to unitholders of record as of August 4, 2022, comprised of a base amount equal to $0.775 and a variable amount equal to $0.285, and the related distribution to its general partner. These distributions are payable on August 12, 2022.

Raytheon Technologies (RTX), formerly United Technologies, will hike its quarterly dividend by 7.8 percent to 55 cents per share in 2022. Last year the merged company hiked its dividend by 7.4 percent. The increased RTX dividend will be payable on June 16, 2022 to shareowners of record at the close of business on May 20, 2022. A new annual dividend rate of $2.20 per share will yield 2.2% at a stock price of $100. "The increase in our dividend reflects our strong commitment to delivering value to our shareowners," said Raytheon Technologies Chairman and CEO Greg Hayes. "Today's announcement extends our long history of growing dividends, and we remain on track to return at least $20 billion of capital to shareowners in the four years following the merger." Raytheon Technologies Corporation, formerly United Technologies Corporation, is an aerospace and defense company that provides advanced systems and services for commercial, military and government customers worl...

Ameriprise Financial (AMP) will raise its quarterly dividend by 10.6 percent to $1.25 per share in 2022. This follows a dividend hike of 8.7 percent to $1.13 per share in 2021 and marks 15 consecutive years of dividend increases by the financial services company. The new AMP dividend is payable on May 20, 2022 to shareholders of record at the close of business on May 9, 2022. A new annualized rate of $5.00 per share yields 1.8% at a stock price of $282. Ameriprise Financial now pays an estimated $559 million annually in dividends to shareholders. Ameriprise Financial, Inc. is a financial services company that offers financial solutions to individual and institutional clients. The company provides financial planning, products and services that are designed to be utilized as solutions for its clients' cash and liquidity, asset accumulation, income, protection, and estate and wealth transfer needs. Ameriprise utilizes two go-to-market approaches in carrying out this strategy: Wealth M...

Otis Worldwide Corporation (OTIS) will raise its quarterly dividend by 20.8 percent to 29 cents per share in 2022. Last year the elevator and escalator manufacturer announced a 20 percent dividend hike. The next dividend will be payable on June 10, 2022, to shareholders of record at the close of business on May 20, 2022. A new annualized dividend rate of $1.16 per share yields 1.6% at a stock price of $74. Otis will now pay an estimated $493 million in dividends to shareholders annually. Otis Worldwide Corp (ISIN US68902V1070) is an elevator and escalator manufacturing, installation and service company. Otis operates through two segments: New Equipment and Service. Through its New Equipment segment, it designs, manufactures, sells and installs a range of passenger and freight elevators, as well as escalators and moving walkways for residential and commercial buildings, and infrastructure projects. It sells its New Equipment units directly to customers, as well as through agents and dis...

Portland General Electric (POR) will raise its quarterly dividend by 5.2 percent in 2022. This follows a dividend hike of 5.5 percent to 43 cents per share in 2021 and marks the 15th consecutive year of dividend increases by the utility company. The next quarterly common stock dividend of $0.4525 per share is payable on or before July 15, 2022, to shareholders of record at the close of business on June 27, 2022. The company's dividend is evaluated based on capital requirements and financial performance. PGE targets a dividend payout ratio of 60 to 70% over the long term. Portland General Electric Company is a vertically-integrated electric utility with corporate headquarters located in Portland, Oregon, is engaged in the generation, wholesale purchase, transmission, distribution, and retail sale of electricity in the state of Oregon. The company participates in the wholesale market through the purchase and sale of electricity and natural gas. PGE was incorporated in 1930 and has pa...

Oil services company Schlumberger (SLB) will hike its dividend by 40 percent to 17.5 cents quarterly. This is the first increase by SLB since 2015. The next SLB dividend will be baid on July 14, 2022 to shareholders of record on June 1, 2022. The new annualized dividend rate of 70 cents per share yields 1.7% at a stock price of $39. Schlumberger NV is a provider of technology for reservoir characterization, drilling, production, and processing to the oil and gas industry. The company operates worldwide and provides a range of products and services, from exploration through production, and integrated pore-to-pipeline solutions that optimize hydrocarbon recovery to deliver reservoir performance sustainably. Schlumberger has paid a quarterly dividend since 1957. The original Schlumberger business was founded in 1926 by the brothers Conrad and Marcel Schlumberger, two French engineers and physicists, to provide wireline logging services (electronic measurement of underground formations) fo...

Value Line (VALU) will raise its quarterly dividend by 13.6 percent to $0.25 per share in 2022. This marks 8 consecutive years of dividend increases. The next VALU dividend will be payable on May 11, 2022, to stockholders of record on May 2, 2022.   The 2022 increase represents the eighth consecutive year of increases for the 91-year-old investment research icon, and is three times the size of the previous annual increases. On an annualized basis, the new dividend level will reach one dollar per share.  Value Line, Inc. is a New York based provider of investment research. Value Line, Inc. The company publishes investment periodicals based on underlying research and making available copyright data, including ranking system and other information, to third parties for use in third-party managed and marketed investment products and for other purposes. Value Line, Inc., a New York Corporation, was organized in 1982 and is the successor to substantially all of the operations of...

Bar Harbor Bankshares (BHB) will raise its quarterly dividend by 8.3 percent to 26 cents per share. This marks the 19th year of higher dividend payments by the bank holding company. The new dividend yield for BHB is 3.4%. Bar Harbor Bankshares is a bank holding company. The Company's operating subsidiary is a community bank, which offers a range of deposit, loan and related banking products, as well as brokerage services provided through a third-party brokerage arrangement. In addition, the Company offers trust and investment management services.

Dividend Aristocrat Johnson & Johnson (JNJ) will increase its quarterly dividend by 6.6 percent to $1.13 per share in the second quarter of 2022. This marks the 60th year of higher dividends by the health care giant.

Bluegreen Vacations Corporation (BVH) will reinstate its quarterly dividend in 2022 at 15 cents per share. The dividend was suspended by the vacation ownership company in 2020 because of the COVID-19 pandemic.  Bluegreen Vacations Holding Corporation has declared a cash dividend of $0.15 per share on its Class A and Class B Common Stock, payable on May 16, 2022, to all shareholders of record at the close of trading on May 2, 2022. The Company also indicated that it intends to continue to declare regular dividends of $0.15 per quarter per share (an annual dividend of $0.60) on its Common Stock in the future. The dividend yields 2.2% a a stock price of $28. Bluegreen Vacations Corporation is a vacation ownership company that markets and sells vacation ownership interests (VOIs) and manages resorts in leisure and urban destinations. The Bluegreen Vacation Club is a flexible, points-based, deeded vacation ownership plan. Bluegreen Vacations also offers a portfolio of comprehensive, fee...

Johnson & Johnson (JNJ) will increase its quarterly dividend by 6.6 percent to $1.13 per share in 2022. This follows a dividend hike of 5.0 percent to $1.06 per share in 2021 and marks the 60th consecutive year of annual dividend increases by the Dividend Aristocrat. The dividend yield for JNJ is 2.6% at a stock price of $171. Johnson & Johnson is engaged in the research and development, manufacture and sale of a broad range of products in the health care field. The company's three business segments are: Consumer, Pharmaceutical and Medical Devices. Johnson & Johnson is a holding company with operating companies conducting business worldwide. The company was incorporated in the State of New Jersey in 1887. Johnson & Johnson has paid a dividend every year to shareholders since 1944.

Southern Company (SO) will raise its quarterly dividend by 3.0 percent to 68 cents per share quarterly in 2022. This marks 21 consecutive years of dividend increases by the energy holding company. The dividend yield for SO is 3.8% at a stock price of $71.50. The Southern Company is an energy holding company. The company serves electric and gas utility customers through its subsidiaries. Southern Co provides energy through electric utilities in four states, natural gas distribution utilities in seven states, a generation company serving wholesale customers across America and a national provider of customized energy solutions, as well as fiber optics and wireless communications. Southern Company will have paid a dividend to its shareholders that is equal to or greater than the previous quarter every quarter dating back to 1948.

Travelers Companies (TRV) will raise its quarterly dividend by 5.7 percent to 93 cents per share in 2022. This follows a dividend hike of 3.5 percent to 88 cents per share in 2021 by insurer TRV.  The Board of Directors declared a 6% increase in the regular quarterly dividend to $0.93 per share. The dividend is payable on June 30, 2022 to shareholders of record at the close of business on June 10, 2022. “These results, along with our strong balance sheet, enabled us to return $773 million of excess capital to our shareholders this quarter, including nearly $560 million of share repurchases. In recognition of our strong financial position and confidence in the outlook for our business, I am pleased to share that our Board of Directors declared a 6% increase in our quarterly cash dividend to $0.93 per share, marking 18 consecutive years of dividend increases with a compound annual growth rate of 9% over that period. The Travelers Companies, Inc. provides commercial and personal prope...

Professional services firm Aon plc (AON) will raise its quartery dividend by 9.8 percent to 56 cents per share in 2022. This follows a dividend hike of 10.9 percent to 51 cents per share in 2021 and marks the 11th of consecutive annual dividend increases by the company. The next AON dividend is payable May 13, 2022 to shareholders of record on May 2, 2022. The ex-date for the next Aon dividend is April 29, 2022. A new annualized rate of $2.24 per share yields 0.7% at a stock price of $328. Dividendhike.com research shows that Aon has been paying a dividend for many decades with no full dividend history available on the company's website or mentions in press release regarding the dividend history. Aon started hiking the dividend in 2012 with double digit dividend growth announced in 7 of the last 11 years if we include this new dividend hike just announced. Aon plc is a provider of risk management services, insurance and reinsurance brokerage, and human resource consulting and outso...

Costco Wholesale Corporation (COST) will hike its quarterly dividend by 13.9% to 90 cents per share in 2022. This follows last year's 12.9 percent to 79 cents per share by the membership warehouse giant. Costco also paid a special cash dividend of $10.00 per share in 2020. This new 2022 COST dividend increase marks 18 straight years of dividend increases by Costco. The next dividend is payable May 13, 2022, to shareholders of record at the close of business on April 29, 2022. The new annual dividend rate of $3.60 for Costco yields 0.6% at a stock price of $594. If this new dividend hike is included Costco's estimated regular annual dividend payment to shareholders jumps to $1.6 billion. The average dividend growth rate based on the last five years is 12.5 percent (annually) for Costco Wholesale. Costco Wholesale Corporation operates membership warehouses, offering its members low prices on a limited selection of nationally branded and private-label products. The company has ope...

As previously announced Qualcomm (QCOM) will raise its quarterly dividend by 10.3 percent to $0.75 per share in 2022. This comes after a hike of 4.6 percent to 68 cents per share in 2021 and marks the 19th consecutive year of dividend increases by the technology company. This new dividend hike for 2022 is the biggest by QCOM since 2016. The next dividend is payable on June 23, 2022, to stockholders of record at the close of business on June 2, 2022. A new annual dividend rate of $3.00 per share yields 2.1% at a stock price of $138. Qualcomm Incorporated manufactures digital wireless communications equipment. Qualcomm’s products principally consist of integrated circuits (chips/chipsets) and system software used in mobile devices and in wireless networks. Qualcomm's technologies and products are used in mobile devices and other wireless products, including network equipment, broadband gateway equipment, consumer electronic devices and other connected devices. Trademarks of Qualcomm ...

CSW Industrials, Inc. (CSWI) will increase its quarterly dividend by 13.3 percent to 17 cents per share in 2022. This follows a dividend hike of 11.1 percent to 15 cents per share in 2021. This is the second dividend hike by the diversified industrial growth company since a dividend was initiated back in 2019. The dividend yield is 0.6% for CSWI at a stock price of $107. CSW Industrials, Inc. is a diversified industrial growth company. The company’s portfolio of products provides performance optimizing solutions to its customers. CSWI's products include mechanical products for heating, ventilation, air conditioning and refrigeration ("HVAC/R") applications, sealants, and high-performance specialty lubricants. Markets that CSWI serves include: HVAC/R, architecturally-specified building products, general industrial, plumbing, rail, energy, and mining. CSW Industrials initated a dividend in 2019.

First Republic Bank (FRC) will raise its quarterly dividend by 22.7 percent to 27 cents per share in 2022. This marks the 10 th consecutive year of annual dividend increases by the commercial bank and trust company. The new annual dividend of $1.08 per share yields 0.7% at a stock price of $154 for FRC. First Republic and its subsidiaries offer private banking, private business banking and private wealth management, including investment, trust and brokerage services. First Republic specializes in delivering exceptional, relationship-based service and offers a complete line of products, including residential, commercial and personal loans, deposit services, and wealth management. Services are offered through preferred banking or wealth management offices primarily in San Francisco, Palo Alto, Los Angeles, Santa Barbara, Newport Beach and San Diego, California; Portland, Oregon; Boston, Massachusetts; Palm Beach, Florida; Greenwich, Connecticut; New York, New York; and Jackson, Wyoming. ...

Procter & Gamble (PG) will raise its quarterly dividend by 5 percent, marking 66 straight years of dividend increases by the well known Dividend Aristocrat. Last year PG hiked its dividend by 10.0 percent to 86.98 cents per share, following a 6.0 percent increase to $0.7907 per share announced in 2020. Last year also was the first double digit dividend hike announced by the Dividend Aristocrat since 2009.  The next dividend will be payable on or after May 16, 2022, to Common Stock shareholders of record at the close of business on April 22, 2022. A new annual rate of approximately $3.65 per share yields 2.3% at a stock price of $159. In its press release PG mentions that this dividend increase will mark the 66th consecutive year that P&G has increased its dividend and the 132nd consecutive year that P&G has paid a dividend since its incorporation in 1890. It reinforces the company's commitment to return cash to shareholders, many of whom rely on the steady, reliable inc...

Agree Realty (ADC) will raise its monthly dividend by 3.1 percent to $0.234 per share in 2022. The monthly dividend reflects an annualized dividend amount of $2.808 per common share, or a 7.8% increase over the annualized dividend amount of $2.604 per common share from the second quarter of 2021. The dividend is payable May 13, 2022 to stockholders of record at the close of business on April 29, 2022. 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.

Procter & Gamble has now raised its dividend 66 consecutive years in 2022. Dividend Aristocrat Procter & Gamble (PG) will raise its quarterly dividend by 5 percent to $0.9133 per share in 2022. Last year PG announced a 10 percent dividend hike and the company has now raised its dividend 66 years in a row.

Tanger Factory Outlet Centers (SKT) will hike its quarterly dividend by 9.6 percent to 20 cents per share in 2022. This comes after a dividend hike of 2.8 percent to 18.25 cents per share in 2021, following SKT's reinstated quarterly dividend at a lower level of 17.75 cents earlier in 2021. In 2020 SKT had suspended its quarterly dividend because of the COVID-19 pandemic, ending 27 consecutive years of dividend growth. The next SKT dividend is payable on May 13, 2022, to common shareholders of record on April 29, 2022.  A new annual dividend rate of $0.80 per share will yield 4.7% at a stock price of $17.09 for Tanger Factory Outlet Centers.  Tanger Factory Outlet Centers will now pay an estimated annual dividend rate of $83 million to shareholders. In 2020, before the COVID-19 pandemic, the REIT raised its quarterly dividend by 0.7 percent to $.3575 per share in the first quarter of 2020, marking the 27th consecutive year of dividend increases at the time. Tanger Factory...

Labcorp, a global life sciences company, announced today that its Board of Directors (the Board) has declared a cash dividend of $0.72 per share of common stock. The dividend will be payable on June 9, 2022, to stockholders of record as of the close of business on May 19, 2022. The declaration and payment of the dividend is consistent with Labcorp’s previously announced intention to initiate paying quarterly dividends beginning in the second quarter of 2022. Labcorp currently expects to continue to pay quarterly cash dividends, with future declarations subject to Board approval at its discretion. The decision of whether to pay future dividends and the amount of dividends will be based on Labcorp's financial position, results of operations, cash flows, capital requirements, applicable law, and any other factors the Board may deem relevant. At a stock price of $273 the estimated dividend yield for Labcorp is 1.1%. Laboratory Corporation of America Holdings (Labcorp) is a global life ...

AMERCO (UHAL) will pay a special cash dividend of $0.50 per share in April 2022. Last year the parent of U-Haul International paid three special dividends of $0.50 per share. The next UHAL dividend will be payable April 29, 2022 to holders of record on April 18, 2022. AMERCO is a do-it-yourself moving and storage operator through its subsidiary, U-Haul International, Inc. The company also operates as an insurer through its subsidiaries Oxford Life Insurance Company, Repwest Insurance Company and Amerco Real Estate Company. U-Haul is the largest retailer of propane in the U.S., and continues to be the largest installer of permanent trailer hitches in the automotive aftermarket industry.

Designer Brands Inc. (DBI), formerly DSW Inc (DSW), will start paying a quarterly dividend of 5 cents per share. Back in 2020 DBI had suspended its quarterly dividend of 10 cents per share. This was a cut from the previous 25 cents quarterly. The company today announced that the board of directors has approved the reinstatement of the company's regular quarterly cash dividend to shareholders, starting in the first quarter of fiscal 2022.  A dividend of $0.05 per share of Class A common stock will be paid on May 6, 2022 to shareholders of record as of the close of business on April 22, 2022. The dividend will be paid out of the Company's capital surplus as defined under the Ohio General Corporation Law.  Designer Brands Inc., formerly known as DSW Inc. (Designer Shoe Warehouse), is a branded footwear and accessories retailer that offers brand name and designer dress, casual and athletic footwear and accessories for women, men and kids. The company operates a portfolio of retail...

Plains All American Pipeline, L.P. (PAA) will raise its quarterly distribution by 20.8 percent to 21.75 cents in Q2 of 2022. PAA last cut its quarterly distribution by 50.0 percent to $0.18 per common unit in 2020.  The next distribution will be payable on May 13, 2022 to holders of record at the close of business on April 29, 2022. A new annual rate of $0.87 per unit yields 7.8% at a stock price of $11.15 for PAA. Plains All American Pipeline, L.P. is a publicly traded master limited partnership that owns and operates midstream energy infrastructure and provides logistics services for crude oil, natural gas liquids ("NGL"), and natural gas. PAA owns a network of pipeline transportation, terminalling, storage, and gathering assets in key crude oil and NGL producing basins and transportation corridors and at major market hubs in the United States and Canada. On average, PAA handles more than 6 million barrels per day of crude oil and NGL in its Transportation segment. PAA is h...

H.B. Fuller Co (FUL) will raise its quarterly dividend by 13.4 percent to 19 cents per share in 2022. This follows a dividend hike of 3.1 percent to $0.1675 per share in 2021 and marks the biggest increase since 2014 by FUL. The specialty chemicals company has now raised its dividend 53 consecutive years. The company also announced that its Board of Directors authorized a share repurchase plan of up to $300 million of the Company’s outstanding common shares for a period of up to five years. The first increased dividend of $0.1675 per share of common stock is payable on May 5, 2022 to shareholders of record at the close of business on April 21, 2022. The new annual dividend of 76 cents per share yields almost 1.1% at a stock price of $67.55 for H.B. Fuller. “Raising our dividend by 13% reflects our confidence for continued growth of our global adhesives business,” said Jim Owens, H.B. Fuller president and chief executive officer. “The diversity of the materials we purchase, the agil...

Constellation Brands (STZ) will raise its quarterly dividend by 5.3 percent to 80 cents per share in 2022. This comes after a much small dividend hike of 1.3 percent to 76 cents per share in 2021. Last year STZ announced the first dividend hike since 2019.  The next STZ dividend will be paid on May 19, 2022 to shareholders of record on May 5, 2022. The annual dividend rate of $3.20 per share yields approximately 1.3% at a stock price of $242. Based on calculations by dividendhike.com Constellation Brands now pays an estimated $600 million in dividends to shareholders annually. Constellation Brands, Inc. is an international beverage alcohol company. The Company is a producer and marketer of beer, wine and spirits with operations in the United States, Canada, Mexico, New Zealand and Italy. Constellation's imported brands include Corona Extra, Corona Light, Modelo Especial, Modelo Negra, Pacifico and Ballast Point. In addition, Constellation is the world leader in premium wine, sellin...

Murphy Oil Corporation (MUR) will raise its dividend for the second time in 2022 with a 16.7 percent increase to 17.5 cents quarterly. This follows a 20 percent hike announced by MUR earlier in 2022. Murphy Oil however did cut its quarterly dividend by 50.0 percent to $0.125 per share in 2020. The company also cut its dividend by 28.6 percent to 25 cents quarterly in 2016. The increased MUR dividend is payable on June 1, 2022, to stockholders of record as of May 16, 2022. A new annual dividend rate of 70 cents per share yields 1.7% at a stock price of $40.35. The ex-dividend date is May 13, 2022 and Murphy Oil will now pay an estimated $108 million in dividends annually to shareholders. Murphy Oil Corporation is a global oil and natural gas exploration and production company. The Company was originally incorporated in Louisiana in 1950 as Murphy Corporation. Murphy’s exploration and production activities are subdivided into three geographic segments, including the United States, Canada...

Plains GP Holdings (PAGP) will raise its quarterly distribution by 20.8 percent to $0.2175 per share in 2022. This follows a cut of 50.0 percent to 18 cents per share in 2020.  The next PAGP distribution will be payable on May 13, 2022 to holders of record at the close of business on April 29, 2022. A new annual rate of $0.87 per share yields 7.3% at a stock price of $11.94. Plains GP Holdings is a publicly traded entity that owns an indirect, non-economic controlling general partner interest in PAA and an indirect limited partner interest in PAA, one of the largest energy infrastructure and logistics companies in North America. PAGP is headquartered in Houston, Texas.

PNC Financial Services Group (PNC) will raise its quarterly dividend by 20 percent to $1.50 per share in 2022. This follows a dividend hike of 8.7 percent to $1.25 per share by PNC in 2021 and marks the 12th consecutive year of higher dividends by the financial services company based on calendar years. The next PNC dividend will be payable May 5, 2022 to shareholders of record at the close of business April 13, 2022. A new annual dividend rate of $6.00 per share yields 3.3% at a stock price of $182. The next ex-dividend date for PNC is April 12, 2022. The PNC Financial Services Group, Inc. is a diversified financial services company.  The company has businesses engaged in retail banking, including residential mortgage, corporate and institutional banking and asset management, providing many of our products and services nationally. PNC's retail branch network is located in markets across the Mid-Atlantic, Midwest and Southeast. The company also has strategic international offices in...

Costamare (CMRE) will pay a special dividend of 50 cents per share in 2022. The regular quarterly dividend is 11.5 cents per share. CMRE last raised its quarterly dividend by 15 percent to $0.115 per share in 2021. This was the first increase in years by the containership company and follows a dividend cut of 65.5 percent from $0.29 to $0.10 per share in 2016.  Costamare has decided to declare a special dividend on its common stock of US $0.50 per share. The special dividend will be in addition to the regular first quarter 2022 dividend and will be also payable on May 5, 2022 to holders of record of common stock as of April 19, 2022. Costamare has also declared a quarterly dividend on its common stock of US $0.115 per share for the quarter ended March 31, 2022. The dividend for the common stock is payable on May 5, 2022, to holders of record of common stock as of April 19, 2022. The regular annual dividend rate of 46 cents per CMRE share yields 2.7% at a stock price of $17.13. Cost...

The TJX Companies (TJX) will hike its dividend by 13.5 percent to 29.5 cents quarterly in 2022. Last year the off-price retailer reinstated its quarterly dividend with a $0.26 per share quarterly dividend in Q1 of 2021. Earlier TJX had suspended its quarterly dividend because of the COVID-19 pandemic. The suspension ended 24 consecutive years of dividend increases by TJX. The TJX Board declared a regular quarterly dividend in the amount of $.295 per share, payable June 2, 2022, to shareholders of record on May 12, 2022. A new annual dividend rate of $1.18 per share yields 1.9% at a stock price of $60.58. Ernie Herrman, Chief Executive Officer and President of The TJX Companies, Inc., stated, “I am pleased to report that our Board of Directors has approved a 13% increase in our quarterly dividend. This marks our 25th dividend increase over the last 26 years. Over this period, the Company’s dividend has grown at a compound annual rate of 21%. In addition, we plan to continue our signific...

Glacier Bancorp (GBCI) will raise its quarterly dividend by 3.1 percent to 33 cents per share in 2022. This comes after a double increase for a total of 6.7 percent announced in 2021. Earlier this year GBCI also paid a 10 cents special dividend that was announced on December 29. Glacier Bancorp has now announced a dividend hike for 11 consecutive years. The next GBCI dividend is payable on April 21, 2022, to owners of record on April 12, 2022. The regular annual rate of $1.32 per share yields 2.6% at a stock price of $50.28. The company has declared 148 consecutive quarterly dividends and has increased the dividend 49 times. The annual dividend outflow to shareholders for Glacier Bancorp will jump to an estimated $146 million if we include this new 2022 dividend hike just announced. 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, agricult...