Dividend Track Records

Dividend Aristocrat Lowe's had announced a 30%+ dividend hike in both 2022 and 2021 (image source: company website) Home improvement giant Lowe's Companies (symbol LOW) again announces a 30 percent + dividend hike with a 31.3 percent increase to $1.05 quarterly. Last year Lowe's already announced a 33.3 percent dividend hike.

Hamilton Lane Inc. (HLNE) will raise its quarterly dividend by 14.3 percent to 40 cents quarterly in 2022. This follows a dividend hike of 12 percent to 35 cents per share in 2021 by HLNE. The next HLNE dividend will be paid on July 7, 2022 to shareholders of record on June 15, 2022. A new annualized dividend rate of $1.60 per share yields 2.1% at a stock price of $69. Hamilton Lane is an alternative investment management firm providing innovative private markets solutions to sophisticated investors around the world. The company's professionals operate in offices throughout North America, Europe, Asia-Pacific, Latin America and the Middle East. Hamilton Lane works with its clients to conceive, structure, build out, manage and monitor portfolios of private markets funds and direct investments, and it helps them access a set of such investment opportunities around the world. It offers a range of investment solutions across a range of private markets, including private equity, private...

Ashland Global Holdings (ASH) will raise its quarterly dividend by 11.7 percent to 33.5 cents per share in 2022. This follows a dividend hike of  9.1 percent to 30 cents per share in 2021 by Ashland. The board of directors of Ashland Global Holdings Inc.has declared a quarterly cash dividend of $0.335 cents per share on the company's common stock representing a 12 percent increase from the previous quarter. The dividend is payable on June 15, 2022, to stockholders of record at the close of business on June 1, 2022. Ashland Global Holdings Inc. is a premier global specialty chemicals company serving customers in consumer and industrial markets, including adhesives, architectural coatings, automotive, construction, energy, food and beverage, personal care and pharmaceutical. The companys two reportable segments are: Specialty Ingredients and Intermediates and Solvents. Specialty Ingredients is a global leader in cellulose ethers, vinyl pyrrolidones and biofunctionals. Intermediates a...

Flowers Foods (FLO) will raise its quarterly dividend by 4.8 percent to 22 cents per share in 2022. This comes after a dividend hike of 5 percent in 2021 by FLO. Flowers Foods, Inc., producer of Nature's Own, Dave's Killer Bread, Wonder, Canyon Bakehouse, Tastykake, and other bakery foods, today announced that its board of directors has declared a quarterly dividend of $ 0.22 per share, an increase of 4.8% over the same quarter last year. This is the 79th consecutive quarterly dividend paid by the company and is payable on June 23, 2022, to shareholders of record on June 9, 2022. This action increases the annualized dividend rate to $0.88 per share from $0.84 per share at this time last year. In other actions, the board increased the company's share repurchase authorization by 20 million shares. At the close of the company's first quarter on April 23, 2022, 5.4 million shares remained under the existing authorization. With the board's action today, the current autho...

National Storage Affiliates Trust (NSA) will raise its quarterly dividend by 10 percent to 55 cents per share. This is the second dividend announced in 2022 by NSA. The next regular cash dividends for the second quarter 2022 payable on June 30, 2022 to shareholders of record on June 15, 2022.  Tamara Fischer, President and Chief Executive Officer, commented, “We are pleased to announce another significant increase to our quarterly common dividend which represents the largest year-over-year dividend increase in the Company’s history. This is our fifth straight quarterly dividend increase and is consistent with our rapidly growing Core FFO per share. Our growing dividend remains a key ingredient to delivering attractive total shareholder returns.” National Storage Affiliates Trust is a real estate investment trust focused on the ownership, operation and acquisition of self-storage properties located within metropolitan areas throughout the United States. The company owns and operates...

Dividend Aristocrat Medtronic (MDT) will raise its quarterly dividend by 7.9 percent to 68 cents per share in 2022. This comes after a dividend hike of 8.6 percent to 63 cents per share in 2021 and marks the 45th consecutive year of dividend increases by the medical technology company. A new annual dividend rate of $2.72 per share yields 2.7% at at stock price of $100 for Medtronic. The company today announced that effective May 25, 2022, the Medtronic board of directors approved an increase in Medtronic's cash dividend for the first quarter of fiscal year 2023, raising the quarterly amount to $0.68 per ordinary share. This would translate into an annual amount of $2.72 per ordinary share, an 8% increase from the prior $2.52. Medtronic has a long history of dividend growth, and the company is a constituent of the S&P 500 Dividend Aristocrats index. Today's announcement marks the 45th consecutive year of an increase in the dividend payment. Including today's increase, Me...

On May 24, 2022 Ralph Lauren Corporation (RL) has declared a new quarterly dividend of $0.75 per share for a total annual dividend amount of $3.00 per share. The next RL quarterly dividend is payable on July 15, 2022 to shareholders of record at the close of business on July 1, 2022. The new dividend yield for Ralph Lauren stock is 3% at a stock price of $101. Last year the company reinstated its quarterly dividend that was suspended in 2020 during the covid-19 pandemic. Ralph Lauren Corporation designs, manufactures and distributes  premium lifestyle products, including apparel, accessories, home furnishings, and other licensed product categories. The company's brand names, which include Ralph Lauren, Ralph Lauren Collection, Ralph Lauren Purple Label, Polo Ralph Lauren, Double RL, Lauren Ralph Lauren, Polo Ralph Lauren Children, Chaps, and Club Monaco. Founded in 1967 by Mr. Ralph Lauren, the company had paid a dividend every year since 2003 before the suspension was announced in...

Mosaic (MOS)  will hike its quarterly dividend by 33.3% to $0.15 quarterly per share in 2022. This follows a 125% dividend hike by MOS in 2021. 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.  

Leggett & Platt is a Dividend Aristocrat with more than 25 years of dividend growth. Dividend Aristocrat Leggett & Platt (symbol LEG) will hike its quarterly dividend by 4.8% to 44 cents per share. This marks 51 years in a row of dividend growth for LEG.

Ark Restaurants (ARKR) announced today that it will reinstate its quartery dividend with a planned 12.5 cent per share payment in Q2 of 2022. The restaurant operator suspended the dividend in the summer of 2020. The new 12.5 cent is 50% less than the dividend paid in 2022 before the suspension. The Company announced today that its Board of Directors declared a quarterly dividend of $0.125 per share to be paid on June 13, 2022 to shareholders of record at the close of business on May 31, 2022. The annual dividend rate of 50 cents yields 2.9% at a stock price of $17.14. Ark Restaurants owns and operates 17 restaurants and bars, 17 fast food concepts and catering operations primarily in New York City, Florida, Washington, D.C, Las Vegas, Nevada and the gulf coast of Alabama. Four restaurants are located in New York City, one is located in Washington, D.C., five are located in Las Vegas, Nevada, one is located in Atlantic City, New Jersey, four are located on the east coast of Florida and ...

 The directors of First Financial Corporation (NASDAQ: THFF) have declared a semi-annual dividend of 54 cents per share payable on July 1, 2022, to shareholders of record at the close of business June 17, 2022. Today’s declaration increases the total dividend paid in 2022 to $1.17 per share, a 1.9% increase from 2021 and is the Corporation's 34th consecutive year of increased regular dividends. First Financial Corporation is the holding company for First Financial Bank N.A. in Indiana, Illinois, Kentucky, and Tennessee.

The Board of Directors of Hamilton Beach Brands Holding Company (HBB) has approved a 5% increase in the Company's regular quarterly cash dividend, raising the quarterly amount from $0.10 per share to $0.105 per share. The next HBB dividend is payable on both the Class A and Class B Common Stock and will be paid June 15, 2022, to stockholders of record at the close of business on June 1, 2022. A new annual dividend rate of 42 cents per share yields 4% at a stock price of $10.58 for HBB. Hamilton Beach Brands Holding Company is an operating holding company for two separate businesses. Hamilton Beach Brands, Inc. is a designer, marketer and distributor of branded small electric household and specialty housewares appliances, as well as commercial products for restaurants, bars and hotels. The Kitchen Collection, LLC is a national specialty retailer of kitchenware in outlet and traditional malls throughout the United States.

NACCO Industries (NC) today announced that the Board of Directors increased its regular cash dividend from 19.75 cents to 20.75 cents per share. The dividend is payable on both the Class A and Class B Common Stock, and will be paid June 15, 2022 to stockholders of record at the close of business on May 31, 2022.  The new dividend is equal to an annual rate of $0.83 per share. Last year NC hiked its dividend by 2.6 percent to $0.1975 per share. NACCO Industries, Inc. is an operating holding company for The North American Coal Corporation, which mines coal primarily for use in power generation and provides value-added services for natural resource companies. Coal is surface mined from NACoal's mines in North Dakota, Texas, Mississippi, Louisiana and the Navajo Nation in New Mexico. NACCO and its predecessor public company, The North American Coal Corporation, have consistently paid dividends to public shareholders since 1956.

Northrop Grumman (NOC) announced today that the Company's Board of Directors declared a cash dividend of $1.73 per common share payable June 15, 2022, to shareholders of record as of the close of business May 31, 2022. “Northrop Grumman remains focused on deploying our capital in value-creating ways for our customers and investors,” said Kathy Warden, chair, chief executive officer and president. “We are investing in our business to support our growth and we continue to provide a competitive return of capital to shareholders. This includes today’s 10 percent increase to our dividend, which represents the 19th consecutive annual increase.” This new dividend increase by NOC will mark 19 consecutive years of dividend increases by the defence and security company. A new annualized rate of $6.92 per share yields 1.5% at a stock price of $459. Northrop Grumman is a security company providing innovative systems, products and solutions in autonomous systems, cyber, C4ISR, space, strike, an...

Havertys (HVT) announced today that its board of directors declared a 12% increase in the quarterly dividend rate, from $0.25 per share to $0.28 per share on the company’s common stock. The quarterly dividend for the company’s Class A common stock is also being increased from $0.23 per share to $0.26 per share. The dividend is payable on June 17, 2022 to stockholders of record at the close of business on June 2, 2022. Havertys has paid a cash dividend in each year since 1935. Clarence H. Smith, chairman and chief executive officer, said, "The board’s decision to increase the dividend reflects our strong financial position and long-term outlook and the importance of shareholder returns as part of our balanced capital allocation strategy.” Havertys, established in 1885, is a full-service home furnishings retailer, and will now pay an annual dividend rate of $1.12 per share, yielding 3.9% at a stock price of $28.68. HVT has raised its dividend 13 consecutive years.

Mid-America Appartment Communities (MAA) will raise its quarterly dividend by 14.9 percent to $1.25 per share in 2022. This follows a dividend hike of 6.1 percent last year by MAA and marks 13 years in a row of increased dividends. The new dividend rate represents a 15% increase over the prior dividend.  The increase will raise the annualized dividend payout to $5.00 per share of common stock, an increase of $0.65 per share from the prior dividend level.  As established in prior quarters, the board of directors declared the quarterly common dividend in advance of MAA's earnings announcement that is expected to be made on July 27, 2022 . The new dividend of $1.25 per share will paid on July 29, 2022 to MAA shareholders of record on July 15, 2022. The new annualized dividend payout to $5.00 per share yields 2.89% at a stock price of $176. Mid-America Appartment Communities (MAA) is a multifamily focused self-administered real estate investment trust (REIT). The company ow...

HNI Corporation (HNI) will raise its quarterly dividend by 3.2 percent to 32 cents per share in 2022. This follows a dividend hike of 1.6 percent to 31 cents per share in 2021 by HNI and this is the second increase since 2019 when the dividend was hiked by 3.4 percent to $0.305 per share. This also marks the 12th consecutive year of dividend increases by HNI. The new dividend yields 3.5% based on the annual amount of $1.28 per share and a stock price of $38 for HNI. HNI Corporation is a provider and designer of office furniture and a manufacturer and marketer of hearth products. The company's hearth products include gas, electric, wood and biomass burning fireplaces, inserts, stoves, facings and accessories.

Dividend Aristocrat Leggett & Platt's (LEG) Board of Directors announced today a dividend of $.44 per share for the second quarter, an increase of $.02 per share or 4.8% versus the dividend declared in the second quarter of 2021.  The dividend will be paid on July 15, 2022 to shareholders of record on June 15, 2022. At an annual indicated dividend of $1.76 per share, the yield is 4.7%, based upon yesterday's closing stock price of $37.08 per share.  Leggett & Platt has increased its annual dividend for 51 consecutive years and will now pay an estimated $235 million in dividend annually. Leggett & Platt, Incorporated is a manufacturer of engineered components and products found in homes, offices, automobiles and commercial aircraft. The company’s products include  steel coiled bedsprings, components and finished products for the office seating market, automotive seating components and tubing for the aerospace industry, specialized machinery and equipment, and s...

Penske Automotive (PAG) will hike its dividend by 6.4 percent to 50 cents per share in Q2 of 2022. A new annual dividend rate of $2.00 per share will yield 1.7% at a stock price of 115. The ex-dividend date for the next PAG dividend is May 20, 2022. 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.

Superior Group of Companies (SGC) will raise its quarterly dividend by 16.7 percent to 14 cents per share in 2022. This follows a dividend hike of 20 percent to 12 cents per share in 2021 by SGC. The next SGC dividend is payable June 7, 2022, to shareholders of record as of May 24, 2022. The new annual dividend of 56 cents per share yields 3.5% at a stock price of $16.50. Superior Group Of Companies, Inc., formerly Superior Uniform Group, Inc., manufactures and sells a range of uniforms, corporate identity apparel, career apparel and accessories for the medical and health fields, as well as for the industrial, commercial, leisure and public safety markets. The company's brands include HPI, Fashion Seal Healthcare, CID Resources, Bamko, Tangerine, Publicidentity and Theofficegurus.

P10, Inc. (symbol PX), a private markets solutions provider, will start paying a quarterly dividend to shareholders. The Board of Directors of the Company has declared a quarterly cash dividend of $0.03 per share of Class A and Class B common stock, payable on June 20, 2022, to the holders of record as of the close of business on May 31, 2022.  Robert Alpert, Chairman and Co-CEO, and Co-CEO Clark Webb said, “In the first quarter, we performed well against our budget and demonstrated the unique qualities of our business model. Our revenues are primarily composed of management fees on long-term, locked-up capital while carry stays with the investment teams. The result is a more predictable model that benefits from multiple vintages and a diversified set of investment solutions. The announcement of a regular cash dividend and a stock repurchase program reflects the beauty of our business model, with strong cash flow and nearly infinite returns on capital. We are well positioned for co...

Werner Enterprises, Inc. (WERN) will raise its quarterly dividend by 8.3 percent to 13 cents per share in 2022. This follows two dividend hikes for a total increase of 33.3 percent announced by WERN in 2021. The logistics company did also pay a $3.75 per share special dividend in 2019.  The next cash dividend of $0.13 per common share is payable to WERN shareholders of record at the close of business on May 3, 2021. The ex-dividend date is April 14, 2022. A 52 cent per share regular annual dividend yields 1.3% at a stock price of $40.68 to Werner Enterprises stockholders. Werner Enterprises, Inc. was founded in 1956 and is a premier transportation and logistics company, with coverage throughout North America, Asia, Europe, South America, Africa and Australia. The Werner Logistics portfolio includes freight management, truck brokerage, intermodal, and international services. Werner Enterprises has paid a quarterly cash dividend to its stockholders every quarter since July 1987.

Houlihan Lokey (HLI) will raise its quarterly dividend by 23.3 percent to 53 cents per share in 2022. This follows a dividend hike of 30.3 percent to 43 cents per share in 2021 and marks the 7th consecutive year of dividend increases by the investment bank. The Board of Directors of the Company declared a regular quarterly cash dividend of $0.53 per share of Class A and Class B common stock. The dividend will be payable on June 15, 2022 to stockholders of record as of the close of business on June 2, 2022. The new HLI dividend yields 2.5% at a stock price of $85.66. Houlihan Lokey, Inc. is a global investment bank with expertise in mergers and acquisitions, capital markets, financial restructuring, and valuation. The firm serves corporations, institutions, and governments worldwide with offices in the United States, Europe, the Middle East, and the Asia-Pacific region. The company was stablished in 1972 and has been paying a dividend every year since 2015 when Houlihan Lokey became a p...

Railroad operator Union Pacific Corp (UNP) will raise its quarterly dividend by 10.2 percent to $1.30 per share in 2022. Last year UNP announced a total 21.6 percent dividend hike. The dividend is payable June 30, 2022, to shareholders of record May 31, 2022. Union Pacific has paid dividends on its common stock for 123 consecutive years. A new annual rate of $5.20 per share yields 2.3% at a stock price of $227.86. The ex-dividend date for the next UNP dividend is May 27, 2022. "Union Pacific continues to generate strong cash returns for our shareholders," said Jennifer Hamann, Union Pacific executive vice president and chief financial officer. "Today's dividend increase is consistent with our targeted dividend payout ratio of 45 percent." Union Pacific Corporation is a railroad operating company. Union Pacific Railroad is the principal operating company of Union Pacific Corporation, connecting 23 states in the western two-thirds of the country by rail. The railr...

Kelly Services (KELYA) will raise its quarterly dividend by 50% to $0.075 per share in 2022. The staffing company suspended its quarterly dividend because of the COVID-19 pandemic and reinstated last year with a 5 cent quarterly payment. This hike to 7.5 cents brings the dividend back to the level before the suspension. The dividend is payable June 9, 2022, to shareholders of record as of the close of business on May 26, 2022 and represents a 50% increase.  Commenting on the dividend increase, Quigley said, "We are pleased that our improving operating results and strategic progress have given us the ability to return our dividend back to pre-pandemic levels and enhance shareholder value." A new annual dividend rate of 30 cents per share for Kelly Services yields 1.7% at a stock price of $17.34. KELYA now pays an estimated total annual dividend of $12 million to shareholders. Kelly Services, Inc. is an employment services company specialized in areas including Science, Enginee...

Bunge Limited (BG) will raise its quarterly dividend by 19.0 percent to $0.625 per share in 2022. This is the second consecutive year with a dividend hike announced by BG with a 5.0 percent hike to 52.5 cents per share in 2021. Two years ago a track record with 17 years of consecutive annual dividend increases ended with no hikes announced in 2019 and 2020 by Bunge. The next BG dividend is payable on September 2, 2022 to shareholders of record on August 19, 2022. The new annual dividend of $2.50 per share for Bunge delivers a dividend yield of 2.3% at a stock price of $108. Bunge now pays an estimated total annual dividend of $351 million to shareholders. Bunge Limited is an agribusiness and food company. Bunge buys, sells, stores and transports oilseeds and grains to serve customers worldwide; processes oilseeds to make protein meal for animal feed and edible oil products for commercial customers and consumers; produces sugar and ethanol from sugarcane; mills wheat, corn and rice to m...

Everest Re Group (RE) will raise its quarterly dividend by 6.5 percent to $1.65 per share in 2022. This is the first dividend hike by the reinsurer since 2019 when a 10.7 percent increase to $1.55 per share was announced.  The increased RE dividend will be payable on or before June 17, 2022 to all shareholders of record as of May 25, 2022. A new annualized dividend rate of $6.60 per share yields 2.4% at a stock price of $275. We have calculated that Everest Re now pays an estimated $260 million in dividends to shareholders annually based on this new dividend hike just announced Today. Everest Re Group, Ltd., through its subsidiaries, is provider of reinsurance and insurance in the United States, Bermuda and international markets. The company offers property, casualty, and specialty products through its various operating affiliates.  The Company offers treaty and facultative reinsurance and admitted and non-admitted insurance. The company’s products include the full range of pr...

Curtiss-Wright Corp (CW) will raise its quarterly dividend by 5.6 percent to 19 cents per share in 2022, marking 6 consecutive years of dividend growth by the aerospace and defence manufacturer. CW last hiked the dividend by 5.9 percent to 18 cents per share in 2021. The next dividend is payable July 1, 2022 to stockholders of record as of June 17, 2022. A new annualized rate of 76 cents per share yields 0.5% at a stock price of $139. CW will now pay shareholders an estimated $30 million in dividends annually. This is unchanged from last year and is the result of buybacks by CW, with a 5.5 percent reduction in shares outstanding in 2021 according to calculations by dividendhike.com. “Curtiss-Wright remains committed to driving long-term shareholder value through a disciplined and balanced capital allocation strategy that consists of pursuing strategic acquisitions, reinvesting in our business to drive organic growth, and returning capital to our shareholders through share repurchase an...

Alerus Financial Corporation (ALRS) will raise its quarterly dividend by 12.5 percent to 18 cents per share in 2022. This comes after a dividend hike of  6.7 percent to 16 cents per share last year by ALRS. The next ALRS dividend is payable on July 8, 2022, to shareholders of record as of close of business on June 17, 2022. A new 72 cent per share annual dividend rate yields 2.8% at a stock price of $22.85. Alerus Financial Corporation, through its subsidiary Alerus Financial, N.A., offers business and consumer banking products and services, residential mortgage financing, employer-sponsored retirement plan and benefit administration, and wealth management including trust, brokerage, insurance, and asset management. Alerus Financial banking and wealth management offices are located in Grand Forks and Fargo, N.D., the Minneapolis-St. Paul, Minn. metropolitan area, and Scottsdale and Mesa, Ariz. Alerus Retirement and Benefits plan administration offices are located in St. Paul and Al...

Electronic Arts Inc. (EA) will raise its quarterly dividend for the first time in its history. The digital interactive entertainment company had initiated a quarterly dividend of 17 cents in 2020 and will now raise this payment by 11.8 percent to 19 cents quarterly.  EA has declared a quarterly cash dividend of $0.19 per share of the Company’s common stock, which represents a 12% increase from prior quarter. The dividend is payable on June 22, 2022 to shareholders of record as of the close of business on June 8, 2022. At a stock price of $111.60 the new dividend yield for EA is 0.7%. Electronic Arts Inc. (EA) is a digital interactive entertainment company, developing games, content and services that can be played by consumers on game consoles, PCs, cellphones and tablets. EA brands include Battlefield, The Sims, Apex Legends, Need for Speed, Plants vs. Zombies, FIFA, Madden NFL and Star Wars. The company initiated a dividend in 2020.

First Merchants Corp (FRME) will raise its quarterly dividend by 10.3 percent to 32 cents per share in 2022. This follows a dividend hike of 11.5 percent to 29 cents per share in Q2 of 2021. This post will be updated later.

Psychemedics Corporation (PMD), the world’s largest provider of hair testing for drugs of abuse, will boost its dividend by 40 percent to 7 cents quarterly in 2022. The increased PMD dividend will be paid on June 24, 2022, to shareholders of record as of May 27, 2022. Based on the strengthening fundamentals and revenue growth, the Board made the decision to initiate an increase in return to shareholders in the form of an increased cash dividend of $0.07 per share of outstanding common stock. The dividend yield for PMD is 4.6% at a stock price of $6.10. Psychemedics Corporation is the world’s largest provider of hair testing for the detection of drugs of abuse. The Company’s patented process is used by thousands of U.S. and international clients, including over 10% of the Fortune 500 companies, for pre-employment and random drug testing. Major police departments, Federal Reserve Banks, schools, and other public entities also rely on our unique patented drug testing process. We strongly ...

Phillips 66 (PSX) will raise its quarterly dividend by 5.4 percent to 97 cents per share in 2022. This follows a dividend hike of  2.2 percent to $0.92 per share in 2021 and marks 10 straight years of dividend growth for PSX. The next PSX dividend is payable on June 1, 2022, to shareholders of record as of the close of business on May 23, 2022. The new annual rate of $3.88 per share yields 4.0% at a stock price of $97. Phillips 66 is an energy manufacturing and logistics company with midstream, chemicals, refining, and marketing and specialties businesses. The company processes, transports, stores and markets fuels and products globally. Phillips 66 Partners (PSXP), the company's master limited partnership, is an integral asset in the portfolio. Headquartered in Houston, the company has 14,000 employees committed to safety and operating excellence. Phillips 66 had $57 billion of assets as of June 30, 2021.

CCFNB Bancorp (CCFN) will raise its quarterly dividend by 2.4 percent to $0.42 per share in 2022. This follws a dividend hike of 2.5 percent to $0.41 per share in 2021 and marks the 25th consecutive year of dividend increases by the bank. CCFN also paid a $1.50 per share special dividend to shareholders in 2021. The next dividend will be paid on June 9, 2022 to CCFN shareholders of record on May 24. The ex-dividend date for this next 42 cent per share dividend is May 23, 2022 and CCFN currently yields 3.4% at a stock price of $50. CCFNB Bancorp, Inc. (CCFN) is a financial holding company. Through subsidiary, First Columbia Bank & Trust Co. CCFN provides full-service banking to individuals and corporate customer with offices spanning the three counties of Columbia, Montour and Eastern Northumberland in Northcentral Pennsylvania. In 2022 CCFN hiked its dividend for the 25th year in a row reaching Dividend Aristocrat status.

Dividend Aristocrat Cardinal Health (CAH) will increase its quarterly dividend by 1% to $0.4957 per share in 2022, marking 38 years in a row of increased dividends.

Dividend Aristocrat Cardinal Health (CAH) will raise its quarterly dividend by 1.0 percent to $0.4957 per share in 2022. This follows a similar 1.0 percent dividend hike by the healthcare services and products company in the previous years. The next CAH dividend will be payable on July 15, 2022 to shareholders of record at the close of business on July 1, 2022. A new annualized rate of $1.98 per share yields 3.5% at a stock price of $56 for Cardinal Health. Because of this small dividend hike the average dividend growth over the last five years drops to 1.4 percent. Cardinal Health, Inc. is an integrated healthcare services and products company, providing customized solutions for hospitals, healthcare systems, pharmacies, ambulatory surgery centers, clinical laboratories and physician offices.  The company provides medical products and pharmaceuticals and cost-effective solutions that enhance supply chain efficiency. Cardinal Health's segments are Pharmaceutical and Medical. Pharma...

Gaming and Leisure Properties (GLPI) will raise its quarterly dividend by 2.2 percent to $0.705 per share in Q2 of 2022. This follows a 3 percent dividend hike in Q1 by GLPI. The next GLPI dividend of $0.705 per share will be paid on June 24, 2022, to shareholders of record on June 10, 2022. A new annualized dividend rate of $2.82 per share yields 6.5% at a stock price of $42.52. The ex-date for the next GLPI dividend is June 10, 2022. The annual dividend payment by Gaming and Leisure Properties will now jump to an estimated total of $672 million. Gaming and Leisure Properties, Inc. is a Pennsylvania real estate investment trust (REIT). The Company is engaged in the business of acquiring, financing and owning real estate property to be leased to gaming operators in triple net lease arrangements. GLP’s portfolio currently consists of 43 gaming and related facilities, which are geographically diversified across 15 states. Its tenants include Penn National Gaming, Inc., Casino Queen, Pinn...

PHX Minerals (Panhandle Oil and Gas Inc)

HF Sinclair Corporation (DINO), formerly HollyFrontier Corporation (HFC), will pay a dividend of $0.40 quarterly  in June 2022. The former HFC had suspended its quarterly dividend of 35 cents per share in 2021. HFC last hiked its dividend by 6.1 percent to $0.35 per share in 2019. The HF Sinclair Board of Directors has declared the reinstatement of the regular quarterly dividend at an increased rate of $0.40 per share, compared to the first quarter 2021 dividend of $0.35 per share. The dividend is payable on June 2, 2022 to holders of record of common stock on May 23, 2022. A $1.60 per share annual dividend for DINO yields 3.8% at a stock price of $42.29. HF Sinclair’s CEO, Michael Jennings, commented, “The first quarter was transformational as we closed on the acquisition of the Sinclair companies, marking the new HF Sinclair, and made our first sales of renewable diesel from Cheyenne. Our combined, integrated platform delivered strong financial results led by the performance of o...

Simon Property Group (SPG) will hike its quarterly dividend by 3 percent to $1.70 per share.  Simon's Board of Directors declared a quarterly common stock dividend of $1.70 on May 9, 2022, for the second quarter of 2022.  This is a 21.4% increase year-over-year.  The dividend will be payable on June 30, 2022 to shareholders of record on June 9, 2022. The new annualized dividend rate of $6.80 per share yields 5.8% at a stock price of $118 for SPG.  Simon Property Group, Inc. is a real estate investment trust (REIT). The company owns real estate properties across North America, Europe and Asia, which consist primarily of malls, Premium Outlets and The Mills. Simon Property is the largest shareholder in Klépierre, a French REIT and one of Europe's biggest publicly traded mall operators. Simon Property Group has paid a dividend every year to shareholders since 2000. The dividend was cut in 2009 during the financial crisis and in 2020 because of the COVID-19 pandemic.

Microchip Technology (MCHP) will raise its quarterly dividend by another 9.1 percent to $0.276 per share. This follows a dividend hike of 6.2 percent to 23.20 cents per share in Q1 and marks 20 years in a row of increased dividends by the semiconductor company. The next MCHP dividend is payable on June 3, 2022, to stockholders of record on May 20, 2022. Microchip initiated quarterly cash dividend payments in the third quarter of fiscal year 2003 and has increased its dividend 70 times since its inception. A new $1.10 per share annual dividend will yield 1.7% at a stock price of $64. “Microchip’s financial performance in the March 2022 quarter was very strong, resulting in solid cash generation and significant debt reduction,” said Steve Sanghi, Executive Chair. “Today, our Board of Directors approved a sequential increase in our dividend of 9.1% to 27.6 cents per share, up from our February dividend of 25.3 cents per share. Also, our Board is now targeting to increase our dividend at l...

CNO Financial Group (CNO) will raise its quarterly dividend by 7.7 percent to 14 cents per share in 2022. This comes after a dividend hike of 8.3 percent to 13 cents per share by CNO in 2021 and marks the 10th consecutive year of dividend increases. The next CNO dividend will be payable June 24, 2022, to shareholders of record at the close of business on June 10, 2022. A new annual rate of 56 cents yields 2.6% at a stock price of $21. CNO now pays an estimated $69 million in dividends annually to shareholders.  CNO Financial Group, Inc. is a holding company for a group of insurance companies operating throughout the United States that develop, market and administer health insurance, annuity, individual life insurance and other insurance products. Its insurance companies – principally Bankers Life and Casualty Company, Colonial Penn Life Insurance Company and Washington National Insurance Company – primarily serve middle-income pre-retiree and retired Americans. CNO has paid a divid...

The Cheesecake Factory (CAKE) has reinstated its quarterly dividend at a lower rate of 27 cents per share in 2022. On May 5, 2020, CAKE announced that our Board of Directors has suspended quarterly dividend payments on our common stock, in order to preserve liquidity during the COVID-19 crisis. In 2019 CAKE last hiked its quarterly dividend by 9.1 percent to $0.36 per share, marking the 7th consecutive year of dividend increases by the casual dining and bakery company. CAKE announced  that its Board of Directors declared a quarterly dividend of $0.27 per share to be paid on May 24, 2022 to shareholders of record at the close of business on May 11, 2022, and also reinstated the share repurchase program. A new annual dividend rate of $1.08 per share for CAKE yields 3.0% at $33.80. Our sales trends across our brands continued to be strong during the first quarter, and this trend has sustained into the second quarter to date. Our restaurants remain competitively well positioned and we ...

Simpson Manufacturing (SSD) will raise its quarterly dividend by 4 percent to 26 cents per share in 2022. This follows a dividend hike of 8.7 percent to 25 cents per share by SSD in 2021 and marks the 9th consecutive year of annual dividend increases by the construction products manufacturer. The next SSD dividend will be payable on July 28, 2022 to stockholders of record as of July 7, 2022. A new annualized dividend rate of $1.04 per share yields 1.0% at a stock price of $105.32 for SSD. Simpson Manufacturing will now pay an estimated $45 million in dividends annually. Simpson Manufacturing Co., Inc., headquartered in Pleasanton, California, through its subsidiary, Simpson Strong-Tie Company Inc., designs, engineers and is a leading manufacturer of wood construction products, including connectors, truss plates, fastening systems, fasteners and shearwalls, and concrete construction products, including adhesives, specialty chemicals, mechanical anchors, powder actuated tools and reinfor...

The Timken Company (TKR) will raise its quarterly dividend by 3.3 percent to 31 cents per share in 2022. This follows a dividend hike of 3.4 by Timken last year and marks 9 years in a row of increased dividends. The next TKR dividend is payable on June 2, 2022, to shareholders with an ex-dividend date of  May 13, 2022. The new dividend yield for TKR is 2.1% at a stock price of $5.9. Timken currently has a market cap of $4.4 billion. The Timken Company joined the New York Stock Exchange in 1922, one of the longest-running dividend records among NYSE-listed companies. The Timken Company engineers, manufactures and markets bearings, gear drives, belts, chain, couplings, and related products, and offers a spectrum of powertrain rebuild and repair services. The company's industrial brands include Timken, Fafnir, Philadelphia Gear, Groeneveld, Drives and Lovejoy. The Timken Company joined the New York Stock Exchange in 1922 and has one of the longest-running dividend records among NYSE-l...

ManpowerGroup (MAN) will raise its semi-annual dividend by 7.9 percent to $1.36 per share in 2022. This follows a dividend hike of 7.7 percent by MAN in 2021 and marks the 12th consecutive year of dividend increases by the provider of workforce solutions. The next dividend is payable on June 15, 2022 to shareholders with an ex-dividend date of May 31, 2022.  A new annualized rate of $2.72 per share for MAN yields 3.0% at a stock price of $90. Manpower pays an estimated $148 million in dividends to its shareholders annually. The last time the dividend was hiked by double digits was in 2015 with a 63.3 percent increase. ManpowerGroup Inc. is a provider of workforce solutions and services, including Recruitment and Assessment, Training and Development, Career Management, Outsourcing and Workforce Consulting. The company's brands include Manpower, Experis, Right Management and ManpowerGroup Solutions. ManpowerGroup has paid a dividend every year since 1994.

IDEX Corp (IEX) will raise its quarterly dividend by 11.1 percent to 60 cents per share in 2022. This follows a dividend hike of 8 percent to 54 cents per share in 2021 and marks the 13th consecutive year of dividend increases by the industrial company.  The next dividend will be paid May 27, 2022 with an ex-dividend date for the next IDEX dividend of May 16, 2022. The company will pay shareholders an annual dividend of $182 million in total. The dividend yield is 1.3% at a stock price of $188 for IEX. IDEX Corporation is an engineered products company specialized in fluid and metering technologies, health and science technologies, dispensing equipment, and fire, safety and other diversified products. The company's business segments are: Fluid & Metering Technologies, Health & Science Technologies and Fire & Safety/Diversified Products. Its FMT segment provides flow monitoring and other services for the food, chemical, water and wastewater, agricultural and energy indus...

Arbor Realty Trust (ABR) announced that its Board of Directors has declared a quarterly cash dividend of $0.38 per share of common stock for the quarter ended March 31, 2022, the Company’s eighth consecutive quarterly increase, representing a 27% increase over that time span. The dividend is payable on May 31, 2022 to common stockholders of record on May 20, 2022. The ex-dividend date is May 19, 2022.

American Financial Group, Inc. (AFG) will pay another special dividend of $8.00 per share on May 27, 2022. Earlier this year AFG already paid a $2.00 per share special dividend. American Financial Group is an insurance holding company, based in Cincinnati, Ohio. Through the operations of Great American Insurance Group, AFG is engaged primarily in property and casualty insurance, focusing on specialized commercial products for businesses. Great American Insurance Group’s roots go back to 1872 with the founding of its flagship company, Great American Insurance Company. American Financial Group has paid an uninterrupted dividend to its shareholders every year since at least 1986.

Marriott International (MAR) will reinstate its quarterly dividend in 2022 with a 30 cent per share payment vs $0.48 per share in 2019. The dividend was suspended in 2020 during the covid-19 pandemic. Marriott resumes cash dividends, with the Board of Directors declaring a $0.30 per share dividend payable on June 30, 2022, to shareholders of record as of May 16, 2022; The new annual dividend of $1.20 per share yields 0.7% at a stock price of $180. Marriott International, Inc. operates and franchises hotels and licenses vacation ownership resorts worldwide. The company's brands include Marriott, The Ritz-Carlton, Sheraton, Westin, Renaissance Hotels, Le Meridien, Autograph Collection Hotels, Delta Hotels, Bulgari, Gaylord Hotels, Courtyard, Residence Inn, Fairfield Inn & Suites, SpringHill Suites, Element Hotels and Moxy Hotels. The original Marriott Corporation was founded in 1927 and went public in 1953. Marriott International was spun off from Marriott Corporation on October ...

On May 4, 2022, UGI Corporation (UGI) announced that it will raise its quarterly dividend by 4.3% to $0.36 per share. This marks the 35th consecutive year of dividend increases by the distributor and marketer of energy products and services. At a stock price of $37 the dividend yield for UGI is 3.9%. UGI Corporation is a distributor and marketer of energy products and services. Through subsidiaries, UGI operates natural gas and electric utilities in Pennsylvania, distributes propane both domestically and internationally, manages midstream energy and electric generation assets in Pennsylvania, and engages in energy marketing in eleven eastern states, the District of Columbia and internationally in France, Belgium the Netherlands and the UK. UGI, through subsidiaries, is the sole General Partner and owns 26% of AmeriGas Partners, L.P. (APU), the nation's largest retail propane distributor. The company's business segments are: AmeriGas Propane, UGI International, Midstream & M...

On May 3, 2022, Expeditors International of Washington (EXPD) announced a 15.5% dividend hike to $0.67 per share. Dividend Aristocrat EXPD pays a semi-annual dividend. This marks the 29th consecutive year of dividend increases by the logistics company. The next dividend is payable on June 15, 2022 to shareholders of record as of June 1, 2022. The new annualized dividend rate of $1.34 per share yields 1.2% at a stock price of $112.77. Two years ago Expeditors International was added to the S&P Dividend Aristocrats Index. EXPD is the only Dividend Aristocrat that does not pay a quarterly dividend. Earlier Cintas used to pay an annual dividend, but now the company pays 4 dividends every year. Expeditors International of Washington, Inc. is a global logistics company headquartered in Seattle, Washington. The company employs trained professionals in district offices and branch locations on six continents. Services include the consolidation or forwarding of air and ocean freight, customs...

Baxter International (BAX) will raise its quarterly dividend by 3.6 percent to 29 cents per share in 2022. This marks the 7th consecutive year of dividend increases by the hospital products company. The next BAX dividend will be payable on July 1, 2022, to stockholders of record as of June 3, 2022. The new indicated annual dividend rate of $1.16 per share yields 1.8% at a stock price of $65. The annual dividend payment by Baxter to shareholders will jump to an estimated $584 million.  Baxter International Inc. provides a broad portfolio of essential renal and hospital products, including home, acute and in-center dialysis, sterile IV solutions, infusion systems and devices, parenteral nutrition, biosurgery products and anesthetics, and pharmacy automation, software and services. The company's history dates back to 1931 when Drs. Ralph Falk and Don Baxter launched the Don Baxter Intravenous Products Corporation, the first commercial manufacturer of prepared IV solutions. The company...