Dividend Track Records

Aimco (AIV) will pay a $0.02 per share special dividend. The ex-date is September 13, 2022.

Quaker Houghton (KWR), formerly known as Quaker Chemical (KWR), will raise its quarterly dividend by 4.8 percent to 43.5 cents per share in 2022. This follows a 5.1% dividend hike by KWR in 2021. The dividend yield is 0.9% at a stock price of $192. Quaker Houghton, formerly Quaker Chemical, is a global provider of process fluids, chemical specialties, and technical expertise to a wide range of industries, including steel, offshore, metalworking, aluminum, automotive, mining, aerospace, tube and pipe and cans. The company's segments include North America, Europe, Middle East and Africa (EMEA), Asia/Pacific and South America.  Quaker Houghton is headquartered in Conshohocken, Pennsylvania, located near Philadelphia in the United States. The company has paid uninterrupted dividends to shareholders every year since going public in 1972.

Charles Schwab (SCHW) declared a new quarterly dividend rate of $0.22 per share, up 10% from the previous quarterly rate of $0.20 per share. This is the second dividend hike announced bij SCHW in 2022 for a total increase of 22.2%. The next ex-dividend date is August 11, 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 service...

On July 27, 2022, Mondelez International (MDLZ) announced that it will raise its quarterly dividend by 10.0 percent to 38.5 cents per share. This marks the 10th consecutive year of annual dividend increases by MDLZ. The next MDLZ dividend is payable on October 14, 2022, to shareholders recorded as of September 30, 2022. A new annual rate of $1.54 per share yields 2.3% at a stock price of $67.38. Mondelez International, Inc. is a global snack company. The company manufactures and makes and sells primarily snacks, including biscuits (cookies, crackers and salted snacks), chocolate, gum & candy as well as various cheese & grocery and powdered beverage products. Its brands include Cadbury, Milka and Toblerone chocolate; Oreo, belVita and LU biscuits; Halls candy; Trident gum and Tang powdered beverages. The company's operations and management structure are organized into four operating segments: 1. Latin America, 2. Asia, Middle East, and Africa, 3. Europe and 4. North America....

Exelon Corporation (EXC) will cut its quarterly dividend by 11.8 percent to $0.3375 per share in the first quarter of 2022. This ends 6 straight calendar years of higher dividends by the utility services company. The next dividend is payable on March 10, 2022, to shareholders of record of Exelon as of February 25, 2022.  Exelon Corporation is utility services holding company. The company's utilities deliver electricity and natural gas to customers in Delaware, the District of Columbia, Illinois, Maryland, New Jersey and Pennsylvania through its Atlantic City Electric, BGE, ComEd, Delmarva Power, PECO and Pepco subsidiaries. Through its Constellation business unit Exelon provides energy products and services to residential, public sector and business customers.

Truist Financial Corp (TFC) will hike its quarterly dividend by 8.3% to 52 cents per share in 2022. This marks 12 consecutive years of dividend growth for TFC. The new annual dividend rate of $2.08 per share yields 4.3% to TFC shareholders at a stock price of $48.47.

Wells Fargo & Company (WFC) today announced a quarterly common stock dividend of $0.30 per share, payable Sept. 1, 2022, to stockholders of record on Aug. 5, 2022, as approved today by the Wells Fargo board of directors. The third quarter dividend represents an increase of $0.05 per share from the prior quarter. At a stock price of $43 the new annual dividend rate of $1.20 per share yields 2.8%.

On July 26, 2022, First Community Bankshares (FCBC) declared a quarterly cash dividend to common shareholders of twenty-nine cents ($0.29) per common share, an increase of two cents ($0.02), or 7.41%, over the quarterly dividend declared in the same quarter of 2021.  The quarterly dividend is also an increase of two cents ($0.02) from the dividends declared in the previous two quarters of 2022.  The quarterly dividend is payable to common shareholders of record on August 5, 2022, and is expected to be paid on or about August 19, 2022.  This marks the 37th consecutive year of regular dividends to common shareholders.

On July 26, 2022, the Rush Enterprises (RUSHA) Board of Directors declared a cash dividend of $0.21 per share of Class A and Class B Common Stock, to be paid on September 12, 2022, to all shareholders of record as of August 12, 2022. "Our Board of Directors approved a $0.02 increase in our quarterly cash dividend, our fifth increase since we announced our intent to begin paying a quarterly cash dividend in July 2018 as part of our capital allocation strategy. This dividend increase represents a 10.5% increase over the first quarter of 2022 dividend and is further evidence of our intent to increase the dividend on an annual basis, although future declarations of dividends are subject to approval by the Company’s Board of Directors and may be adjusted as business needs or market conditions change. In addition, the dividend increase also reflects our continuing ability to return value to our shareholders while also investing in our Company’s future,” explained Rush.

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.

On July 25, 2022, the MSCI Board of Directors declared a cash dividend of $1.25 per share for third quarter 2022, payable on August 31, 2022, to shareholders of record as of the close of trading on August 12, 2022.

Eagle’s board of directors increased its quarterly cash dividend by 10% to $0.1375 per share on July 21, 2022. The dividend will be payable September 2, 2022 to shareholders of record August 12, 2022. The current dividend represents an annualized yield of 2.81% based on recent market prices.

 Cintas Corporation (Nasdaq: CTAS) announced that the Company’s Board of Directors approved a quarterly cash dividend of $1.15 per share of common stock payable on September 15, 2022 to shareholders of record at the close of business on August 15, 2022. This represents a 21.1% increase. Cintas has a strong record of returning capital to its shareholders and has consistently raised its dividend each year since Cintas’ initial public offering 39 years ago in 1983. Cintas also announced that the Board of Directors approved an additional share buyback program under which the Company may buy up to $1.0 billion of Cintas common stock at market prices. This program is in addition to a current program with $0.5 billion of Cintas common stock remaining. Thus, in total, the Company may buy up to $1.5 billion of Cintas common stock at market prices. The number of shares to be purchased and the timing will be determined at the discretion of the Board of Directors, and purchases may be disconti...

 Encompass Health Corporation (NYSE: EHC) today announced that its board of directors has declared a quarterly cash dividend on its common stock of $0.15 per share, payable on October 17, 2022, to holders of record on October 3, 2022. The revised quarterly dividend is in response to the recently completed spin off of Enhabit Home Health & Hospice and reflects the Company's continued commitment to a robust de novo hospital strategy. Encompass Health will open 9 de novo rehabilitation hospitals this year and intends to open a similar number in 2023.

The Board of Directors of McKesson Corporation (NYSE:MCK) declared on July 22, 2022 a regular dividend of $0.54 per share of common stock, a 15% increase from $0.47 per share in the prior quarter. The dividend will be payable on October 3, 2022, to stockholders of record on September 1, 2022. “This dividend increase demonstrates our continued commitment to returning capital to shareholders as part of our disciplined capital allocation framework,” said Brian Tyler, chief executive officer. “It exemplifies the strength of our consistent cash flow generation and reflects our confidence in the long-term trajectory of the business.” McKesson has increased its dividend for six consecutive years.

Penske Automotive (PAG) will hike its dividend by 6.0 percent in Q3 of 2022. This is the third dividend hike announced by PAG in 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.

Hingham Savings (HIFS) will raise its quarterly dividend by 3.5% to 59 cents per share in 2022. The dividend yield for HIFS is 0.7% at a stock price of $318. Hingham Institution for Savings is a Massachusetts-chartered savings bank located in Hingham, Massachusetts.  Incorporated in 1834, it is one of America’s oldest banks.  The Bank’s Main Office is located in Hingham and the Bank maintains offices on the South Shore, in Boston (South End and Beacon Hill), and on the island of Nantucket.  The Bank also provides commercial mortgage lending and private banking services in the Greater Washington D.C. metropolitan area. Hingham Institution for Savings has paid a dividend to shareholders every year since 1993.

Goldman Sachs Group (GS) will raise its quarterly dividend by 25 percent to $2.50 per share in 2022. This comes after a dividend hike of  60 percent to $2.00 per share in 2021 and marks 11 consecutive years of dividend growth by GS. The next dividend will be paid on September 29, 2022 to common shareholders of record on September 1, 2022. A new dividend of $10.00 annualized yields 3.1% at a stock price of $318. The Goldman Sachs Group, Inc. is an investment banking, securities and investment management company that provides a range of financial services to corporations, financial institutions, governments and individuals. GS operates in four business segments: Investment Banking, Institutional Client Services, Investing & Lending, and Investment Management. The Goldman Sachs Group, Inc. began trading on the New York Stock Exchange on May 4, 1999.

The J. M. Smucker Company (SJM) will raise its quarterly dividend by 3 percent to $1.02 per share in 2022. This follows a dividend hike of 10 percent to 99 cents per share in 2021 and will mark the 21st consecutive year of dividend increases by the food and beverage products company. A new annual rate of $4.08 per share yields 3.1% at a stock price of $131 for SJM. The J.M. Smucker Company is a leading marketer and manufacturer of consumer food and beverage products and pet food and pet snacks in North America. The company owns a portfolio of 40+ brands which are found in 90 percent of U.S. homes and countless restaurants. In consumer foods and beverages, its brands include Smucker's, Folgers, Jif, Dunkin' Donuts, Crisco, Pillsbury, R.W. Knudsen Family, Hungry Jack, Café Bustelo, Martha White, truRoots, Sahale Snacks, Robin Hood, and Bick's. In pet food and pet snacks, its brands include Meow Mix, Milk-Bone, Kibbles 'n Bits, Natural Balance, and 9Lives. J.M. Smucker has...

Citizens Financial Group (CFG) will raise its quarterly dividend by 7.7 percent to 42 cents quarterly per share in 2022. The dividend yield for CFG is 4.4% at a stock price of $38. Citizens Financial Group, Inc. operates as the bank holding company for Citizens Bank, N.A. and Citizens Bank of Pennsylvania. Headquartered in Providence, Rhode Island, Citizens offers retail and commercial banking products and services to individuals, small businesses, middle-market companies, large corporations and institutions. Citizens has branches in 11 states in the New England, Mid-Atlantic and Midwest regions. Consumer Banking products and services include a full range of banking, lending, savings, wealth management and small business offerings. In Commercial Banking, Citizens offers corporate, institutional and not-for-profit clients a full range of wholesale banking products and services, including lending and deposits, capital markets, treasury services, foreign exchange and interest rate product...

Northern Trust Corp (NTRS) will raise its quarterly dividend by 7.1 percent to $0.75 per share in 2022. The new dividend yield for NTRS is 3.0% at a stock price of $101. Northern Trust Corporation is a provider of wealth management, asset servicing, asset management and banking to corporations, institutions, affluent families and individuals. Founded in Chicago in 1889, Northern Trust has a global presence with offices in The United States, Canada, Europe, the Middle East and the Asia-Pacific region.

DCP Midstream, LP (DCP) announced today that the board of directors of its general partner declared a second quarter 2022 Common Unit cash distribution of $0.43 per unit, or $1.72 per unit on an annualized basis. This quarterly Common Unit distribution represents a 10% increase over the prior quarter’s distribution and will be paid August 12, 2022 to common unitholders of record at the close of business on July 29, 2022. In addition, the board of directors declared distributions for Series B and Series C preferred units. A quarterly Series B Preferred Unit cash distribution of $0.4922 per unit will be paid September 15, 2022 to preferred unitholders of record at the close of business on September 1, 2022. A quarterly Series C Preferred Unit cash distribution of $0.4969 per unit will be paid October 17, 2022 to preferred unitholders of record at the close of business on October 3, 2022. DCP Midstream, LP (NYSE: DCP) is a Fortune 500 midstream master limited partnership headquartered in ...

 For fourth quarter 2022, Cal-Maine Foods will pay a cash dividend of approximately $0.75 cents per share to holders of its common and Class A common stock. Pursuant to Cal-Maine Foods’ variable dividend policy, for each quarter in which the Company reports net income, the Company pays a cash dividend to shareholders in an amount equal to one-third of such quarterly income. Following a quarter for which the Company does not report net income, the Company will not pay a dividend with respect to that quarter or for a subsequent profitable quarter until the Company is profitable on a cumulative basis computed from the date of the most recent quarter for which a dividend was paid. The amount paid per share will vary based on the number of outstanding shares on the record date. The dividend is payable on August 16, 2022, to holders of record on August 1, 2022.

Dividend Aristocrat Walgreens Boots Alliance (ticker symbol WBA) will increase its dividend by 0.5 percent, marking the 47th consecutive year of dividend increases. It's the smallest dividend hike by WBA in decades. Last year WBA announced a 2.1 percent dividend increase.

Dividend Aristocrat Walgreens Boots Alliance Inc. (WBA) on July 13, 2022 announced a 0.5% dividend increase to 48 cents quarterly per share. This will mark the 47th consecutive year of dividend increases. At a stock price of $38 the new dividend yield for WBA is 5.0%. The increased dividend is payable Sept. 9, 2022, to stockholders of record as of Aug. 19, 2022, and raises the annual rate from $1.91 per share to $1.92 per share. Walgreens Boots Alliance and its predecessor company, Walgreen Co., have paid a dividend in 359 straight quarters (more than 89 years) and have raised the dividend for 47 consecutive years. Walgreens Boots Alliance is a global, pharmacy-led health and wellbeing enterprise. The company is the largest retail pharmacy, health and daily living destination across the U.S. and Europe. Walgreens is a global leader in pharmacy-led, health and wellbeing retail and one of the largest global pharmaceutical wholesale and distribution networks, with its distribution centers...

Winmark Corporation (WINA) on April 13, 2022 announced a 55.6% dividend increase to 70 cents quarterly per share. The next WINA dividend will be paid on June 1, 2022.  A regular annual rate of $2.80 per share yields 1.4% at a stock price of $204.  Winmark Corporation is a franchisor of five retail store concepts that buy, sell and trade gently used merchandise and a limited amount of new merchandise to customers. The company's franchised retail brands are Plato's Closet, Once Upon A Child, Play It Again Sports, Style Encore and Music Go Round. Winmark operates franchised stores across the United States and Canada and also provides franchise consulting and advisory services through Winmark Franchise Partners. Also the company operates a middle-market equipment leasing business through our wholly owned subsidiary, Winmark Capital Corporation. Additionally, Winmark operates a small-ticket financing business through its wholly owned subsidiary, Wirth Business Credit, Inc. Winmark ...

Duke Energy (DUK) will raise its quarterly dividend by 2.0 percent to $1.005 per share in 2022. This marks the 18th consecutive year of dividend increases by the utility company. The next dividend will be paid on September 16, 2022. Currently DUK yields 3.8% at a stock price of $105. Duke Energy Corporation is an energy holding company incorporated on May 3, 2005, headquartered in Charlotte, North Carolina. Duke Energy’s segment structure includes three reportable business segments: Electric Utilities and Infrastructure, Gas Utilities and Infrastructure and Commercial Renewables. The Electric Utilities and Infrastructure unit's regulated utilities serve retail electric customers in six states – North Carolina, South Carolina, Florida, Indiana, Ohio and Kentucky. The Gas Utilities and Infrastructure unit distributes natural gas to customers in five states – North Carolina, South Carolina, Tennessee, Ohio and Kentucky. The Duke Energy Renewables unit operates wind and solar generatio...

Bassett Furniture Industries, Inc. (BSET) announced today that its Board of Directors has increased the quarterly dividend by 14%, declaring a regular quarterly dividend of $0.16 per share of common stock, payable on August 26, 2022, to shareholders of record at the close of business on August 12, 2022. Earlier this year BSET also paid a special dividend of $1.50 per share. 

Industrial Logistics Properties Trust (ILPT) has announced a big fat dividend cut from 33 cents quarterly to 1 cent quarterly per share in 2022. The new 4 cent per share dividend (annually) yields 0.4% at a stock price of $10 for ILPT. Industrial Logistics Properties Trust announced that ILPT’s Board of Trustees has reduced ILPT’s regular quarterly cash distribution on its common shares for the second quarter to $0.01 per share. This dividend will be paid to ILPT’s common shareholders of record as of the close of business on July 25, 2022 and distributed on or about August 18, 2022. Earlier this year, ILPT closed on the strategic acquisition of Monmouth Real Estate Investment Corporation, or Monmouth, which significantly enhanced ILPT’s scale, tenant base and geographic diversity. Since then, there have been unanticipated increases in interest rates and deterioration in real estate market conditions. As a result, it is taking longer than originally expected to complete ILPT’s long term...

Ryder System (R) will raise its quarterly dividend by 6.9 percent to 62 cents per share in 2022. The logistics company has now raised its dividend for 18 straight calendar years. The new dividend yield for R is 3.4% at a stock price of $72.10. The Board of Directors of Ryder System, Inc. (NYSE: R), a leader in supply chain, dedicated transportation, and fleet management solutions, declared a regular quarterly cash dividend of $0.62 per share of common stock to be paid on September 16, 2022 to shareholders of record on August 22, 2022. This dividend reflects an increase of $0.04 from the $0.58 cash dividend that Ryder had been paying since July 2021. Ryder System, Inc. is a commercial fleet management, dedicated transportation, and supply chain solutions company. The company's offerings range from full-service leasing, commercial rental and maintenance of vehicles to integrated services to customers principally in the United States, Canada, Asia and the United Kingdom. The company h...

CF Industries Holdings (CF) will raise its quarterly dividend by 33.3 percent to $0.40 per share in 2022. This is the first dividend hike by CF since 2014, when a 50 percent dividend hike was announced. The next 40 cent dividend is payable on May 31, 2022 to shareholders of record on May 16. The dividend yield for CF is 1.9% at a stock price of $84.55. CF Industries Holdings, Inc. manufactures and distributes nitrogen fertilizer, and other nitrogen products. The company, headquartered in Deerfield, Illinois, through its subsidiaries serves both agricultural and industrial customers. CF Industries operates nitrogen manufacturing complexes in Canada, the United Kingdom and the United States, and distributes plant nutrients through a system of terminals, warehouses, and associated transportation equipment located primarily in the Midwestern United States. The company also owns a 50 percent interest in an ammonia facility in The Republic of Trinidad and Tobago.

Unum Group (UNM) will raise its quarterly dividend by 10 percent to 33 cents per share in 2022. This comes after a dividend hike of 5.3 percent to 30 cents per share in 2021 and marks the 14th consecutive year of dividend increases by the financial protection benefits company.  The next Unum dividend will be paid on August 19, 2022, to stockholders of record as of July 29, 2022. A new annual rate of $1.32 per share for UNM yields 4.1% at a stock price of $32. Unum Group is a leading provider of financial protection benefits in the United States and the United Kingdom. Its primary businesses are Unum US, Colonial Life, Starmount and Unum UK. Unum’s portfolio includes disability, life, accident and critical illness, dental and vision coverage, which help protect millions of working people and their families in the event of an illness or injury. Unum also provides stop-loss coverage to help self-insured employers protect against unanticipated medical costs.

National Retail Properties (NNN) will raise its quarterly dividend by 3.8 percent to 55 cents per share in 2022. This marks 33 consecutive years of increased dividends by the REIT. NNN is one of only three publicly traded REITs and 86 publicly traded companies in America to have increased annual dividends for 33 or more consecutive years.  The next NNN dividend is payable August 15, 2022 to common shareholders of record on July 29, 2022. The new dividend yield for NNN is 5.0% at a stock price of $44.34. Steve Horn, Chief Executive Officer, commented: "We are pleased to make 2022 our 33rd consecutive year of annual dividend increases.  Our multi-year approach, disciplined capital deployment, and strong, flexible balance sheet have enabled us to, once again, withstand macroeconomic uncertainty and continue this impressive track record of consistent growth." National Retail Properties (NNN) is a fully integrated real estate investment trust formed in 1984. NNN acquires, owns...

Morgan Stanley (MS) will raise its quarterly dividend 10.7 percent to $0.775 per share in 2022. This comes on the back of a 100% dividend increase to 70 cents per share in 2021. This also follows a dividend hike of 16.7 percent to $0.35 per share in 2019 and marks the 9th consecutive year of dividend increases by the financial holding company. The dividend hike comes after the stress test results announced in June. The next MS dividend will be paid on August 15, 2022 to shareholders of record on July 29, 2022. A new annualized dividend rate of $3.10 per share yields 4.0% at a stock price of $78. Morgan Stanley is a financial services firm providing investment banking, securities, wealth management and investment management services. The company serves clients worldwide including corporations, governments, institutions and individuals. Morgan Stanley has increased its dividend every year since 2014. During the financial crisis in 2009 the quarterly payment was cut by 81.5 percent.

Bank of New York Mellon (BK) will raise its quarterly dividend by 8.8 percent to 37 cents per share in 2022. This follows a dividend hike of 9.7 percent in 2020 and will mark 12 straight years of dividend increases. The next dividend is payable on August 5, 2022 to shareholders of record as of the close of business on July 25, 2022. The new annual dividend of $1.48 per share yields 3.4% at a stock price of $43.41. The Bank of New York Mellon Corporation is an investments company. BNY Mellon is a global company that manages and services assets for financial institutions, corporations and individual investors in 35 countries. BNY Mellon has two business segments, Investment Services and Investment Management. Established in 1784 by Alexander Hamilton, BK was the first company listed on the New York Stock Exchange.

FAT Brands (FAT) has announced a 7.7% dividend hike to 14 cents per share quarterly on July 14, 2022. FAT reinstated its dividend in 2021 and currently yields 7.3% at a stock price of $7.70. FAT Brands is a franchising company that acquires, markets and develops fast casual and casual dining restaurant concepts around the world. The Company currently owns five restaurant brands, Fatburger, Buffalo’s Cafe, Buffalo’s Express and Ponderosa & Bonanza Steakhouses, that have approximately 300 locations open and 300 under development in 32 countries.

Gladstone Land Corporation (LAND) announced today that its board of directors declared a $0.0456 per share monthly cash distribution for July, August and September 2022. The Company has paid 113 consecutive monthly cash distributions on its common stock since its initial public offering in January 2013 and has increased its common stock distributions 27 times over the prior 30 quarters. Gladstone Land Corporation is a real estate investment trust that specializes in purchasing farms and farm-related properties and leasing them to farmers. Gladstone Land owns farmland in Arizona,  California, Colorado, Florida, Michigan, Nebraska, North Carolina, Oregon and Washington. The company acquires farmland that it rents to corporate and independent farmers on a triple-net lease basis, an arrangement under which the farmer maintains the property while paying rent to Gladstone Land.

Marsh & McLennan Companies (MMC) will raise its quarterly dividend by 10.3 percent to 59 cents per share in 2021. This will mark 13 consecutive years of dividend increases by the  professional services firm. The next MMC dividend is payable on August 15, 2022, to stockholders of record on July 28, 2022. The new yield for MMC is 1.6% at a stock price of $148. Marsh & McLennan Companies, Inc. is a professional services firm offering clients advice and solutions in risk, strategy and people.  Its businesses include: Marsh, the insurance broker, intermediary and risk advisor; Guy Carpenter, the risk and reinsurance specialist; Mercer, the provider of HR and investment related advice and services; and Oliver Wyman Group, the management, economic and brand consultancy. The company conducts business through two segments: Risk and Insurance Services and Consulting. Marsh was originally founded in 1871.

Dividend Aristocrat Clorox (CLX) on July 12, 2022 declared a quarterly dividend of $1.18 per share. This will mark the 45th consecutive year of increased dividend by Clorox.

Dividend Aristocrat Clorox (CLX) will raise its quarterly dividend by 1.7 percent to $1.18 per share in 2022. The dividend is payable Aug. 12, 2022, to stockholders of record as of the close of business on July 27, 2022. Clorox has a long history of providing value to its stockholders through regular dividends. The company has increased its dividend for 20 consecutive years and paid an annual dividend for more than 50 consecutive years. The dividend yield for Clorox is 3.3% at a stock price of $144. The Clorox Company is a manufacturer and marketer of consumer and professional products. The Company's principal products include household cleaning and bleach products, charcoal, cat litter, automotive care products, dressings, and trash bags. Its brands include Pine-Sol cleaners; Liquid Plumr clog removers; Poett home care products; Fresh Step cat litter; Glad bags, wraps and containers; Kingsford charcoal; Hidden Valley dressings and sauces; Brita water-filtration products; Burt'...

Cummins (CMI) will raise its quarterly dividend by 8.3 percent to $1.57 per share in 2022. The next CMI dividend is payable on September 1, 2022, to shareholders of record on August 19, 2022. At a stock price of $201 the dividend yield for Cummins is 3.1%. Cummins has now raised its dividend 17 consecutive years with an average dividend growth of 7.8% in the last five years. Cummins Inc., is a manufacturer of power solutions. The company designs, manufactures, distributes and services diesel and natural gas engines and powertrain-related component products, including filtration, aftertreatment, turbochargers, fuel systems, controls systems, air handling systems, transmissions, electric power generation systems, batteries and electrified power systems. Cummins sells its products to original equipment manufacturers (OEMs), distributors, dealers and other customers worldwide. Cummins, headquartered in Columbus, Indiana, was founded in 1919 as Cummins Engine Company and was f...

On July 7, 2022, LEVI declared a dividend of $0.12 per share totaling approximately $48 million, payable in Cash on August 17, 2022 to the holders of record of Class A common stock and Class B common stock at the close of business on August 1, 2022. So Levi Strauss & Co. (LEVI) will raise its quarterly dividend by another 20 percent to 12 cents per share in 2022. Earlier this year the jeans company already announced a dividend hike, bringing the total increase in 2022 to 50 percent. A new annual dividend rate of $0.48 per share yields 2.9% at a stock price of $16.41. Levi Strauss & Co. is a manufacturer of apparel. The company designs and markets jeans, casual wear and related accessories for men, women and children under the Levi's, Dockers, Signature by Levi Strauss & Co., and Denizen brands. Its products are sold worldwide through a combination of chain retailers, department stores, online sites, and retail stores and shop-in-shops. Levi Strauss & Co. became a pu...

Enterprise Products Partners L.P. (EPD) announced today that the board of directors of its general partner declared the quarterly cash distribution paid to limited partners holding Enterprise common units with respect to the second quarter of 2022 of $0.475 per unit, or $1.90 per unit on an annualized basis. The quarterly distribution will be paid Friday, August 12, 2022, to common unitholders of record as of the close of business Friday, July 29, 2022. This distribution represents a 5.6 percent increase over the distribution declared with regard to the second quarter of 2021. This distribution increase is the partnership’s 74th distribution increase since its initial public offering in 1998. This year will be the 24th consecutive year of distribution growth. During the second quarter of 2022, Enterprise repurchased $35 million of its common units in the open market. Inclusive of these purchases, the partnership has utilized 26 percent of its authorized $2.0 billion buyback program. En...

The Board of Directors of Life Storage, Inc. (LSI), a self-storage real estate investment trust (REIT), announced today an increase in the Company’s quarterly common stock dividend from $1.00 per share to $1.08 per share or $4.00 to $4.32 annualized. This new rate represents an 8% increase from the previous quarter and a 46% increase from the second quarter 2021 dividend. The increase is effective with the quarterly dividend to be paid on July 26, 2022 to shareholders of record on July 15, 2022. The dividend, based on today’s opening share price, equates to an annual yield of 3.8%. Life Storage has announced two dividend hikes in 2022 for a total increase of 25.6 percent. “The Board is pleased to approve another increase to our quarterly dividend based on our strong operating results, outlook and financial position,” said Joe Saffire, the Company’s Chief Executive Officer. “Our team and platforms are well positioned to continue generating strong cash flow to invest in our technology in...

On June 30, 2022, Micron Technology Inc. (MU) announced a 15% dividend increase to $0.115 quarterly per share. This is the first ever dividend hike by the semiconductor company. Micron initiated a $0.10 per share quarterly dividend in 2021.  The new quarterly dividend of $0.115 per share is payable in cash on July 26, 2022, to shareholders of record as of the close of business on July 11, 2022. A new 46 cent per share annual dividend rate will yield 0.9% at a stock price of $53.65 for MU. Micron Technology, Inc. is a semiconductor company offering memory and storage solutions. Micron offers memory and storage technologies, including dynamic random-access memory (DRAM), negative-AND (NAND), three-dimensional (3D) XPoint memory, and NOR. Micron brands include Micron and Crucial. Micron initiated a quarterly dividend in 2021.

First Bancorp (FNLC) on June 30, 2022 announced that it will raise its quarterly dividend by 6.3% to $0.34 per share. This marks the 9th consecutive year of annual dividend increases by the bank holding company.  This second quarter dividend is payable July 22, 2022 to shareholders of record as of July 11, 2022. The quarterly cash dividend of 34 cents per share is an increase of 2 cents or 6.25% from the 32 cents per share paid in each of the prior four quarters. Based on the June 29, 2022 closing price of $29.92 per share, the annualized dividend of $1.36 per share translates to a yield of 4.55%. "The First Bancorp performed very well in 2021 and has continued to do so in 2022 with record earnings reported for the first quarter," remarked President & Chief Executive Officer, Tony C. McKim. "The Board of Directors is committed to sharing the Company's success with our shareholders, and I'm pleased to do so in the form of an increased cash dividend." The ...

Bank OZK (OZK) will raise its quarterly dividend by 3.3 percent to 31 cents per share in Q2 of 2022. Last year OZK announced four dividend hikes.  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 provides services such as mortgage lending, lock box services and  financial planning and operates ATMs. The company has paid a dividend to shareholders every year since 1998.

Bank OZK (OZK) will raise its quarterly dividend by 3.2 percent to 32 cents per share in Q3 of 2022. This is the third dividend hike in 2022. Last year OZK announced four dividend hikes.  The common stock dividend is payable on July 22, 2022 to shareholders of record as of July 15, 2022. Bank OZK has increased its quarterly cash dividend on its common stock in each of the last forty-eight quarters. 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 provides services such as mortgage lending, lock box services and  financial p...

Lindsay Corporation ( LNN), a leading global manufacturer and distributor of irrigation and infrastructure equipment and technology, announced today that its Board of Directors has declared a regular quarterly cash dividend of $0.34 per share, payable August 31, 2022, to shareholders of record at the close of business on August 17, 2022. This quarterly cash dividend rate represents a 3.0% increase in the previous quarterly indicated rate of $0.33 per share. The new annual indicated rate is $1.36 per share, up from the previous annual indicated rate of $1.32 per share. In 2019 the irrigation equipment maker did not announce a dividend hike. The annual dividend rate has been increased for 20 consecutive years if 2022 is included. A new annualized dividend rate of $1.36 per share yields 1.0% at a stock price of $139. Lindsay will now pay shareholders an estimated annual dividend of approximately $15 million. Lindsay Corporation manufactures and markets irrigation and infrastructure equipm...

General Mills (ticker symbol GIS) today announced that it will raise its quarterly dividend by 5.9 percent to $0.54 per share in 2022. The next quarterly dividend of 54 cents per share will be payable August 1, 2022, to shareholders of record July 8, 2022. A new annual dividend rate of $2.16 per share for GIS will yield 2.9% based on a stock price of $75.45. The average dividend growth rate for GIS the last five years is only 2.0%. General Mills is known for its long and strong dividend history with General Mills and its predecessor company having paid dividends without interruption for more than 120 years. Currently General Mills will pay an estimated $1.3 billion in dividends to its shareholders annually. The last time the company announced a double digit dividend hike was in 2013 (+15.2 percent). General Mills, Inc. is a manufacturer and marketer of branded consumer foods and pet food products sold through retail stores and online. Its brands include Cheerios, Annie's, Betty Cro...