Dividend Track Records

On August 31, 2022, Avnet (AVT) announced a 11.5% dividend hike to $0.29 quarterly per share. This is the second dividend hike by AVT in 2022 for a total hike of 20.8 percent YTD. The next AVT dividend will be paid on September 28, 2022 to shareholders of record as of the close of business on September 14, 2022. A new annual rate of $1.16 per share yields 2.6% at a stock price of $44. “We are pleased to announce a double digit increase in our quarterly dividend, furthering our commitment to delivering sustainable shareholder returns,” said Avnet Chief Executive Officer Phil Gallagher. “This increase follows strong performance in our 2022 fiscal year and is a reflection of our confidence in our financial position and ability to promote continued growth and value creation for Avnet stakeholders.” Avnet, Inc. is a technology solutions company. Avnet's two primary operating groups are Electronic Components (EC) and Farnell. Both have operations in the Americas, Europe, Middle East and

On August 2022, A-Mark Precious Metals (AMRK) declared a special dividend of $1.00 per share. The company also initiated a $0.20 per share quarterly dividend. A-Mark’s Board of Directors has declared a non-recurring special cash dividend of $1.00 per common share. The special dividend will be paid on September 26, 2022 to stockholders of record as of September 12, 2022. A-Mark’s Board of Directors has adopted a regular quarterly cash dividend policy of $0.20 per common share ($0.80 per share on an annual basis). The initial quarterly cash dividend under the policy will be paid on October 24, 2022 to stockholders of record as of October 10, 2022.   The declaration of regular cash dividends in the future is subject to the determination each quarter by the Board of Directors, based on a number of factors, including the Company’s financial performance, available cash resources, cash requirements and alternative uses of cash and applicable bank covenants. A-Mark Precious Metals, Inc. is a f

On August 30, 2022, Parke Bancorp (PKBK) announced a dividend increase of 12.5% to $0.18 quarterly per share. This marks the first dividend hike by the bank holding company since 2019 when a dividend hike of14.3 percent to $0.16 per share was announced. The next PKBK dividend is payable on September 23, 2022, to its stockholders of record as of the close of business on September 9, 2022. The new dividend yields 3.2% based on the new annual dividend amount of $0.72 per share and a stock price of $22.54 for Parke Bancorp. The next ex-dividend date for BKBK is September 8, 2022. Based on estimates by dividendhike.com Parke Bancorp will now pay a total annual dividend of $9 million. Parke Bancorp, Inc. is a bank holding company of Parke Bank. The Bank is a full commercial service bank, with focus on providing personal and business financial services to individuals and small to mid-sized businesses in Gloucester, Atlantic and Cape May Counties in New Jersey and the Philadelphia area in Penn

On August 30, 2022, Greif Inc (GEF) announced a dividend hike of 8.7% to $0.50 quarterly per share. This follows a 4.5 percent dividend hike to 46 cents per share by GEF in 2021 and marks 2 consecutive years of dividend growth by the producer of industrial packaging products and services. The next GEF dividend of 50 cents quarterly is payable on October 1, 2022, to shareholders of record at the close of business on September 16, 2022. The new annual dividend of $2.00 per share yields 2.9% at a stock price of $68 for Greif. The next ex-dividend date for GEF is September 15, 2022. "We are excited to continue growing our recurring dividend," said Larry Hilsheimer, Greif's Executive Vice President and Chief Financial Officer. "This increased dividend supplements our recently announced share repurchase program, which together provide a compelling investment opportunity to our shareholders." Greif, Inc. is a producer of industrial packaging products and services. prod

On April 28, 2022 Dividend Aristocrat Sysco Corporation (SYY) announced a dividend hike of 4.4 percent to $0.49 quarterly per share. SYY has now raised its dividend 52 consecutive years. The next dividend is payable on July 22, 2022, to common stockholders of record at the close of business on July 1, 2022. A new annual rate of $1.96 per share yields 2.3% at a stock price of $83.63. Sysco Corporation a distributor of food and related products primarily to the foodservice or food-away-from-home industry. The company sells food products to restaurants, healthcare and educational facilities, lodging establishments and other customers who prepare meals away from home. Its family of products also includes equipment and supplies for the foodservice and hospitality industries. Sysco has paid a cash dividend every quarter since its founding as a public company in 1970.

BancFirst Corporation (BANF) on August 26, 2022 announced that it will raise its quarterly dividend by another 11.1 percent to 40 cents per share. This follows a dividend hike of 5.9 percent to 36 cents per share in 2021 and will mark the 29th consecutive year of annual dividend increases by the financial services company. The next BANF dividend is payable October 17, 2022, to shareholders of record on September 30, 2022. A new annualized dividend rate of $1.60 per share yields 1.5% at a stock price of $110. The next ex-dividend date for BancFirst Corporation is September 29, 2022. BANF will now pay shareholders an estimated $52 million in dividends annually. BancFirst Corporation is an Oklahoma based financial services holding company. The company's principal subsidiary bank, BancFirst, is Oklahoma's largest state-chartered bank.  It has four business units, which include metropolitan banks, community banks, other financial services, and executive, operations and support. BANF

Dividend Aristocrat Altria (ticker symbol MO) will raise its dividend for the 53rd consecutive year in 2022. The dividend yield for the tobacco company is 8.2%

On August 26, 2022, EastGroup Properties (EGP) announced that it will hike its quarterly dividend by 13.6% to a new record high of $1.25 per share. This will mark the 27th consecutive year of dividend increases by the real estate investment trust and comes on the back of a double dividend hike in 2021. The next EGP dividend is payable on October 14, 2022 to shareholders of record on September 30, 2022. A new annual rate of $5.00 per share yields 3.0% to EastGroup Properties shareholders at a stock price of $168. The next ex-dividend date for EGP is September 29, 2022. Based on calculations by dividendhike.com EastGroup Properties will now pay a total dividend amount of $208 million annually to shareholders. This dividend is the 171st consecutive quarterly cash distribution to EastGroup's shareholders and represents an annualized dividend rate of $5.00 per share.  EastGroup has increased or maintained its dividend for 30 consecutive years.  The company has increased it 27 years over

On August 25, 2022, Lam Research Corp (LRCX) announced a dividend increase of 15 percent to $1.725 quarterly per share. This follows a 15.4 percent to $1.50 per share quarterly in 2021. The semiconductor company has now raised its dividend for 8 consecutive years since the first dividend was paid in 2014. The next LRCX dividend of $1.725 per share will be paid on October 5, 2022 to holders of record on September 14, 2022. A new annual dividend rate of $6.90 per share yields 1.5% to Lam Research shareholders at a stock price of $453. The next ex-dividend date for LRCX stock is September 13, 2022. Based on calculations by dividendhike.com Lam Research will now pay shareholders an estimated $957 million in dividends annually. Lam Research Corporation is a supplier of wafer fabrication equipment and services to the semiconductor industry. The company's products are used in a variety of electronic products, including mobile phones, personal computers, servers, wearables, automotive devi

On August 25, 2022, tobacco company Altria Group, Inc. (MO) announced that it will increase its quarterly dividend by 4.4 percent to $0.94 quarterly per share. This comes after a dividend hike of 4.7 percent to 90 cents per share in 2021 and marks the 53rd consecutive year of annual dividend increases by the Dividend Aristocrat. The next MO dividend will be paid on October 11, 2022 to shareholders of record on September 15, 2022. The next Altria ex-dividend date is September 15, 2022. The new annualized dividend rate of $3.76 per common share represents a yield of 8.2% based on Altria’s stock price of $45.88. Altria Group, Inc. is a holding company incorporated in the Commonwealth of Virginia in 1985. Altria’s wholly-owned subsidiaries include Philip Morris USA Inc., U.S. Smokeless Tobacco Company LLC, John Middleton Co., Nu Mark LLC, Ste. Michelle Wine Estates Ltd. and Philip Morris Capital Corporation. Altria's tobacco brands include Marlboro, Black & Mild, Copenhagen, Skoal,

First American Financial Corporation (FAF) on August 24, 2022 declared a dividend hike of 2.0% to $0.52 quarterly per share. The provider of title insurance, settlement services and risk solutions for real estate transactions has now raised its dividend 11 straight years. The next FAF cash dividend is payable on September 15, 2022 to shareholders of record as of September 8, 2022. The new $2.08 per share annual dividend yields 3.7% at a stock price of $56.38. “This increase in the cash dividend reflects our continued confidence in the prospects for our business and our long-standing commitment to return capital to our shareholders,” said Ken DeGiorgio, chief executive officer of First American Financial Corporation. First American Financial Corporation is a provider of title insurance, settlement services and risk solutions for real estate transactions. First American also provides title plant management services; title and other real property records and images; valuation products and

Intuit (INTU) on August 23, 2022 announced that it will raise its quarterly dividend by 14.7% to $0.78 per share. This follows last year's 15.3 percent hike by INTU to 68 cents quarterly and at the same time marks the 11th consecutive year of dividend increases by the US financial software company. The next dividend will be paid on October 18, 2022 to INTU shareholders and a new annualized rate of $3.12 per share yields 0.7% at a stock price of $465 for INTU. After this new dividend hike Intuit will pay an estimated annual dividend amount of $880 million to shareholders. The company has been raising its dividend by double digits every year since a 15 cent per share quarterly dividend was initiated back in August 2011. Intuit announced its biggest dividend increase in 2014, when the quarterly dividend was boosted by 31.6 percent from 19 cents to 25 cents per share. The company also hiked its dividend by more than 20 percent in both 2015 and 2018. The 2020 dividend hike of 11.3 perce

Badger Meter (BMI) will raise its quarterly dividend by 12.5 percent to 20 cents per share in 2022. The Board of Directors of Badger Meter, Inc. today authorized a 12.5% increase in its quarterly common stock dividend to $0.225 per share from $0.20 per share. The increased dividend is payable September 9, 2022, to shareholders of record on August 26, 2022. The new annual dividend rate for common stock is $0.90 per share and yields 0.9% at a stock price of $98. Kenneth C. Bockhorst, Chairman, President and Chief Executive Officer, stated, “We remain committed to our long tradition of paying dividends to our shareholders as part of their total returns, and are incredibly proud of achieving 30 consecutive years of dividend increases. Dividends are a key element of our disciplined approach to capital allocation, and evidence of the confidence that Badger Meter has in the resilience of our earnings and cash flow.” Badger Meter, Inc. provides flow measurement, control and communications sol

Dallasnews Corporation (DALN) will pay a $1.50 per share special dividend.  DallasNews Corporation (DALN) announced today that its Board of Directors has approved a special dividend of $1.50 per share payable on September 30, 2022 to shareholders of record at the close of business on September 9, 2022. The Board also approved a voluntary contribution to the Company’s pension plans of $5 million, which will be made prior to September 15, 2022. On July 29, 2022, the Company received full payment of a note related to the 2019 sale of its former headquarters campus in Downtown Dallas. The total proceeds were $22.52 million, which includes interest on the note. The amount of the special dividend being paid on September 30, 2022 is approximately $8 million, which combined with the voluntary pension plan contribution totals approximately $13 million. The remainder of the cash received from the headquarters note, approximately $10 million, will be retained on the Company’s balance sheet as Dal

Medical equipment maker Atrion Corporation (ATRI) on August 22, 2022 announced that it will raise its quarterly dividend by 10.3% to $2.15 per share. This comes after a 11.4 percent hike by ATRI to $1.95 per share in 2021. The Allen (Texas) based medical products manufacturer has now announced a dividend hike for 19 consecutive years. In a press release we read that Atrion Corporation today announced an increase in its quarterly cash dividend from $1.95 per share to $2.15 per share. Specifically, the Board of Directors declared a quarterly cash dividend of $2.15 per share on its outstanding shares of Common Stock. This dividend will be payable on September 30, 2022 to stockholders of record at the close of business on September 15, 2022. A new annualized dividend rate of $8.60 per share yields 1.4% at a stock price of $623. Atrion currently pays an estimated $15 million total in dividends annually to shareholders. Atrion Corporation is a manufacturer of medical devices and components.

Cable One, Inc. (CABO) on August 19, 2022 announced that it will raise its quarterly dividend by 10.0 percent to $2.85 per share. This comes after a dividend hike of 10 percent to $2.75 quarterly per share in 2020 and will mark 6 consecutive years of dividend increases by the cable company and broadband communications provider. The Board of Directors of Cable One, Inc. (NYSE: CABO) today declared a quarterly cash dividend of $2.85 per share, an increase of $0.10 per share in the company’s quarterly cash dividend. The dividend is payable on September 16, 2022 to stockholders of record at the close of business on August 30, 2022. The dividend yield is 0.9% at a stock price of $1291. Cable One, Inc. is a cable company and broadband communications provider. The company offers products, including Residential Video Services, Residential Data Services, Residential Voice Services, Business Services and Advertising. Cable One provides consumers with communications and entertainment services, in

General Motors (GM) will start paying a 9 cent per share quarterly dividend in August 2022. This is the first dividend since 2020 when GM suspended its quarterly dividend in April of 2020 in response to uncertainty driven by the global coronavirus pandemic. The car maker last raised its quarterly dividend by 5.6 percent to $0.38 per share in 2020. The first dividend will be paid on Sept. 15, 2022, to shareholders of record as of the close of business on Aug. 31, 2022. The new dividend yield for GM is 0.9% at a stock price of $38.55. Previously General Motors reinstated a quarterly dividend in 2014 and had last hiked the dividend back in 2016. The company's annual dividend payment was approximately $2.2 billion prior to the dividend suspension in 2020. General Motors Company is a manufacturer of cars, trucks, crossovers and automobile parts worldwide. The company also provide automotive financing services through General Motors Financial Company, Inc. (GM Financial). General Motors

AMERCO (UHAL) will pay a special cash dividend of $0.50 per share in September 2022, following a similar 50 cent special dividend this April. Last year the parent of U-Haul International paid three special dividends of $0.50 per share. The next UHAL dividend will be payable September 20, 2022 to holders of record on September 6, 2022. The dividend yield for this special dividend of 50 cents is 0.088% at a stock price of $568. 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.

MGE Energy (MGEE) on August 19, 2022 announced that it will raise its quarterly dividend by 5.2 percent to 40.75 cents per share in 2022. This marks the 46th consecutive year of dividend increases by the utility. The next dividend is payable September 15, 2022, to shareholders of record September 1, 2022. A new annual rate of $1.63 per share yields 1.9% at a stock price of $84.23 for MGEE. The next ex-dividend date is August 31, 2022. MGE Energy (Madison Gas and Electric) is a public utility holding company. Its principal subsidiary, Madison Gas and Electric, generates and distributes electricity to customers in Dane County, Wis., and purchases and distributes natural gas to customers in south-central and western Wisconsin counties. MGE Energy has paid cash dividends for more than 100 years.

Cboe Global Markets (CBOE) a leading provider of global market infrastructure and tradable products, today announced its Board of Directors has declared an increased quarterly cash dividend of $0.50 per share of common stock for the third quarter of 2022, representing a four percent increase from the prior quarter's dividend of $0.48 per share.  The third-quarter 2022 dividend is payable on September 15, 2022 , to stockholders of record as of August 31, 2022 . The dividend yield for CBOE is 1.6% at a stock price of $126. This marks 12 consecutive years of dividend increases but also is the smallest dividend hike by CBOE on record since a dividend was initiated. Cboe Global Markets, Inc., formerly CBOE Holdings, Inc., operates markets that offer options trading on various market indexes and futures contracts.  The company's subsidiaries include Chicago Board Options Exchange (CBOE), CBOE Futures Exchange (CFE), C2 Options Exchange (C2), Market Data Express and Chicago Options

Tapestry, Inc. (TPR), the owner of luxury accessories and lifestyle brands, will raise its dividend by 20% to 30 cents quarterly per share. The dividend yield for Tapestry is 2.7% based on the annual payment of $1.20 per share and a stock price of $38. The Board of Directors approved a 20% increase to the Company’s dividend, with a quarterly cash dividend of $0.30 per common share payable on September 26, 2022 to shareholders of record as of close of business on September 9, 2022 for an anticipated annual dividend rate of $1.20 per share. Tapestry remains committed to increasing its dividend over time at a faster rate than earnings growth. Tapestry, Inc. is a New York-based house of modern luxury lifestyle brands. The company’s portfolio includes Coach, Kate Spade and Stuart Weitzman. Effective October 31, 2017, the company changed its name from Coach, Inc. to Tapestry, Inc. The company went public in October 2000 under the Coach, Inc. name. The company was originally  founded in 1941.

The Board of Directors of Murphy USA Inc. (MUSA) today declared a quarterly cash dividend on the Common Stock of Murphy USA Inc. of $0.32 per share, or $1.28 per share on an annualized basis, reflecting a 3% increase from the prior quarter. The dividend is payable on September 8, 2022, to stockholders of record as of August 30, 2022.

Winnebago Industries, Inc. (WGO) will hike its dividend by 50 percent to 27 cents per share quarterly.  Winnebago Industries, Inc. (NYSE:WGO), a leading outdoor lifestyle product manufacturer, today announced that the Company’s Board of Directors approved a quarterly cash dividend of $0.27 per share payable on September 28, 2022, to common stockholders of record at the close of business on September 14, 2022. Today’s dividend declaration represents a 50% or $0.09 per share increase from the previous quarter. This increase follows the 50% increase that the Company announced in the prior year. With this announcement, Winnebago Industries has paid a quarterly cash dividend to common stockholders of record for the last 33 quarters. In addition, the Board of Directors approved a new share repurchase authorization of up to $350 million of the Company’s common stock. The share repurchase authorization replaces the previous $200 million share repurchase program that was fully depleted with $80

American Financial Group, Inc. (AFG) will hike its dividend by 12.5% to $0.63 quarterly per share. Earlier this year AFG also paid special dividends of $2.00 and $8.00 per share. American Financial Group, Inc. on August 17, 2022 announced that its Board of Directors has approved an increase in the Company’s regular annual dividend to $2.52 from $2.24 per share of common stock. The increased dividend, when declared, will be paid on a quarterly basis of $0.63 per share of common stock beginning in October 2022. The new dividend rate represents a 12.5% increase over the annual rate paid thus far in 2022. The Company has increased its dividend in each of the last seventeen years. Carl H. Lindner III and S. Craig Lindner, AFG’s Co-Chief Executive Officers, issued this statement: “Returning excess capital to shareholders in the form of dividends is an important and effective component of AFG’s capital management strategy. This increase in AFG’s annual dividend reflects our confidence in the

Evans Bancorp (EVBN) will increase its semi-annual dividend by another 3.2 percent to 64 cents per share in 2022. This marks 11 years in a row of increased annual dividends by EVBN. Evans Bancorp, Inc., a community financial services company serving Western New York since 1920, announced today that its Board of Directors declared a cash dividend of $0.64 per share on its outstanding common stock. This semi-annual dividend represents a $0.02 increase from the previous semi-annual dividend paid in April 2022. The dividend is payable on October 4, 2022 to shareholders of record as of September 13, 2022. The Company has approximately 5.5 million shares outstanding. Evans Bancorp, Inc. is a financial holding company and the parent company of Evans Bank, N.A., a commercial bank. Evans is a full-service community bank with 21 financial centers providing comprehensive financial services to consumer, business and municipal customers throughout Western New York. Evans Insurance Agency, a wholly

Broadridge Financial Solutions (BR) today announced that it will raise its quarterly dividend by 13.3 percent to $0.725 per share. This follows a dividend hike of 11.3 percent by BR in 2021 and marks 16 consecutive calendar years of dividend increases by the provider of investor communications. The next dividend is payable on October 5, 2022 to shareholders of record on September 15, 2022. The new annual dividend of $2.90 per share yields 1.7% at a stock price of $174.  "Finally, I'm pleased to announce that our Board has approved a 13% increase in our annual dividend amount to $2.90 per share. Broadridge has now increased its dividend for 16 consecutive years, further underlining the strength and resiliency of our business and the durability of the trends driving our growth," said Tim Gokey , Broadridge's CEO.  Broadridge Financial Solutions, Inc. (Broadridge) is a provider of investor communications and technology-driven solutions to banks, broker-dealers, mutual

Warner Music Group Corp. (WMG) today announced a 6.7% dividend hike to 16 cents quarterly per share. Last year WMG hiked its dividend by 25 percent to 15 cents, the first hike since the company became publicly traded in June 2021.  The next dividend is payable on September 1, 2022, to stockholders of record as of the close of business on August 24, 2022. The new dividend yield for WMG is 2.4% at a stock price of $27.33. The next ex-dividend date for WMG is August 23, 2022. Warner Music Group (WMG) is a music entertainment company. WMG operates in more than 70 countries through a network of affiliates and licensees. The company’s Recorded Music division includes the labels Asylum, Atlantic, Big Beat, Canvasback, Elektra, Erato, First Night, Fueled by Ramen, Nonesuch, Parlophone, Reprise, Rhino, Roadrunner, Sire, Spinnin’, Warner Records, Warner Classics and Warner Music Nashville. WMG’s music publishing arm, Warner Chappell Music, has a catalog of more than 1.4 million musical compositi

Commodity chemicals manufacturer Westlake Corporation (WLK) today announced a 20% dividend increase to $0.357 quarterly per share. This follows a dividend hike of 10.2 percent to 29.75 cents per share in 2021 by the company formerly known as Westlake Chemical. The global manufacturer and marketer of basic chemicals, vinyls, polymers and building products has now raised the dividend 18 straight years. The WLK Board of Directors declared a regular dividend distribution of $0.3570 per share for the second quarter of 2022, an increase of 20% from the $0.2975 per share of the first quarter of 2022. This dividend will be payable on September 6, 2022, to stockholders of record on August 22, 2022. This is the 72nd successive quarterly dividend that Westlake has declared since completing its initial public offering in August 2004. The dividend yield for WLK is 1.4% at a stock price of $101.60 and the next ex-dividend date is August 19, 2022. Westlake Chemical Corporation is a manufacturer and s

Dover Corporation (DOV) will raise its dividend by 1.0 percent this year. This is a very small dividend hike by the industrial company but ensures that the dividend track record will be remained.

Dividend Aristocrat Illinois Tool Works (ITW) will increase its dividend by 7 percent to $1.31 per share quarterly in 2022. 

International Flavors & Fragrances (IFF) will raise its quarterly dividend by 2.5% to 81 cents per share. The new dividend yield for IFF is 3.1% at a stock price of $104. The company has now raised its dividend 20 consecutive years. International Flavors & Fragrances Inc. creates, manufactures and supplies flavors and fragrances for the food, beverage, personal care, and household products industries. The company operates through three segments: Taste, Frutarom (acquired in 2018) and Scent. Its products are sold to manufacturers of perfumes and cosmetics, hair and other personal care products, soaps and detergents, meat and other processed foods, beverages, snacks and savory foods, sweet and baked goods, and pharmaceutical and oral care products, among others. International Flavors & Fragrances has key basic research and development centers in Tilburg, the Netherlands, Neuilly and Grasse, France, and Nanjing, China. The company has been paying a dividend to shareholders sin

Murphy Oil Corporation (MUR) will raise its dividend for the third time in 2022 with a 42.9 percent increase to 25 cents quarterly per share. This means a dividend hike of 100% in 2022 and brings the dividend back to record levels of 2020 before the COVID-cut. The next dividend will be paid to MUR shareholders on September 1, 2022. 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, and all other countries. Additionally, Corporate activities include interest income, interest expense, foreign exchange effects, corporate risk management activities and administrative costs not allocated to the segments. The company’s corporate headquarters are located in El Dorado, Arkansas.

Essential Utilities, Inc. (WTRG), formerly Aqua America (WTR) will raise its quarterly dividend by another 7 percent to $0.287 per share in 2022. This follows similar dividend increases by the water utility in each of the past four years and marks 32 straight years of dividend growth. Essential Utilities, Inc., formerly Aqua America, Inc., is the holding company for regulated utilities providing water or wastewater services to people in Pennsylvania, Ohio, North Carolina, Illinois, Texas, New Jersey, Indiana and Virginia. In addition, the company’s market-based activities are conducted through Aqua Infrastructure, LLC and Aqua Resources, Inc. Aqua Infrastructure provides non-utility raw water supply services for firms in the natural gas drilling industry. Aqua Resources provides water service through operating and maintenance contracts with a municipal authority and another party close to our utility companies’ service territory; and offers, through a third-party, water and sewer line