Dividend Track Records

On November 29, 2022, RGC Resources (RGCO) announced that it will raise its quarterly dividend by 1.3 percent to $0.1975 per share. This marks 19 consecutive years of dividend increases by the utility company and follows a dividend hike of 5.4 percent in 2021. The next RGCO dividend will be paid on February 1, 2023 to shareholders of record on January 18, 2023. This is the Company’s 315th consecutive quarterly cash dividend. The indicated annual dividend is $0.79 per share and will yield 3.3% at a stock price of $24.08. Paul Nester, CEO of RGC Resources, Inc., stated, “We continue to be pleased with the solid operational and financial performance of the Roanoke Gas utility and this dividend increase reflects our commitment to deliver long-term shareholder value.”  RGC Resources, Inc. provides energy and related products and services to customers in Virginia through its operating subsidiaries Roanoke Gas Company and RGC Midstream, LLC. The company sells and distributes natural gas to re

On November 17, 2022, Jack Daniels maker Brown-Forman declared a 9% dividend hike to $0.2055 quarterly per share. This marks 39 consecutive years of dividend growth for the Dividend Aristocrat.

On november 21, 2022, Dividend Aristocrat Hormel Foods Corporation (NYSE: HRL), announced a 6 percent increase to the annual dividend to shareholders, marking the 57th consecutive annual dividend increase.

On November 22, 2022, PC Connection, Inc. (CNXN) announced that it will pay a special dividend of $0.34 per share. Last year a $1.00 per share special dividend was paid by the information technology solutions provider to business, government, and education markets. PC Connection does not pay a regular dividend. The special cash dividend of $0.34 per share payable on December 23, 2022, to shareholders of record at the close of business on December 5, 2022. The aggregate amount of the special dividend payment will be approximately $8.9 million based on the current number of shares outstanding. “Our strong balance sheet and operating performance allows us to pay this dividend, which is in line with our historic pre-pandemic practice while maintaining the ability to continue to grow the business,” said Timothy McGrath, President and Chief Executive Officer. PC Connection is a provider of information technology solutions to business, government, and education markets. Connection delivers cu

On November 22, 2022, HP Inc. (HPQ) announced that it will raise its quarterly dividend by 5% to $0.2625 per share. This follows a dividend hike of 29% last year by the computer hardware maker. The dividend, the first in HP’s fiscal year 2023, is payable on January 4, 2023, to stockholders of record as of the close of business on December 14, 2022. The dividend yield for HPQ is approximately 3.5% at a stock price of $29.38. HP Inc. is a provider of personal computing and other access devices, imaging and printing products, and related technologies, solutions and services. The company sells to individual consumers, small- and medium-sized businesses (“SMBs”) and large enterprises, including customers in the government, health and education sectors. The original HP was incorporated in 1947 under the laws of the state of California as the successor to a partnership founded in 1939 by William R. Hewlett and David Packard. The company went public on November 6, 1957.

On November 22, 2022, The York Water Company (YORW) announced that it will raise its quarterly dividend by another 4.0 percent to $0.2027 per share. This marks the 26th consecutive year of annual dividend increases by the water utility and follows similar dividend hikes in the previous couple of years. The next YORW dividend is payable January 17, 2023, to shareholders as of record date December 30, 2022. A new annual rate of approximately 81 cents per share yields 1.8% at a stock price of 45.38. This is the 608th consecutive dividend to be paid by The York Water Company. JT Hand, President and CEO stated, "2022 has been a tremendously productive year for the Company in terms of capital placement, customer growth, and expansion of territory. We are proud to say we have now increased our dividends for 26 consecutive years, reinforcing our commitment to create value for our shareholders while responsibly investing in our water and wastewater utility infrastructure." York Water,

On November 21, 2022, Fulton Financial Corp (FULT) announced that it will pay a special dividend of $0.06 per share. This follows a dividend hike of 7.1 percent to $0.15 per share earlier in 2022. Fulton declared quarterly cash dividends on its common stock of fifteen cents per share in each of the first, second and third quarters of 2022. The Board is expected to consider the next quarterly cash dividend at its December 2022 meeting. The special dividend will be on December 15, 2022, to shareholders of record as of December 1, 2022. The regular dividend yield for FULT is 3.3% at a stock price of $18.63. Fulton Financial Corporation is the bank holding company of Fulton Bank N.A. The Company's subsidiary bank offers a range of consumer and commercial banking products and services. It also offers investment management, trust, brokerage, insurance and investment advisory services to consumer and commercial banking customers.

On November 21, 2022, Hingham Savings (HIFS) announced that it will raise its quarterly dividend by another 3.3% to 63 cents per share in 2022. Also a new special dividend of 63 cents will be paid on January 11, 2023, together with the regular quarterly dividend. The dividend yield for HIFS is 0.9% at a stock price of $272. 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.

On November 21, 2022, Dividend Aristocrat Hormel Foods (HRL) announced that it will raise its quarterly dividend by 5.8 percent to 27.5 cents per share. This marks the 57th consecutive year of annual dividend increases by the meat products maker.  The Board of Directors authorized the first quarterly dividend of 27.50 cents ($0.2750) a share to be paid on Feb. 15, 2023, to stockholders of record at the close of business on Jan. 17, 2023. The new dividend yield for Hormel Foods is 2.2% at a stock price of $49. The Feb. 15 payment will be the 378th consecutive quarterly dividend paid by the company. Since becoming a public company in 1928, Hormel Foods Corporation has paid a regular quarterly dividend without interruption. Hormel Foods Corporation manufactures brand-name food and meat products worldwide. The company makes refrigerated pork, beef, chicken and turkey products and nutrition products including protein products. Its brands include Skippy, SPAM, Hormel Natural Choice, Applegat

On November 17, 2022, Financial services company KeyCorp (KEY) announced that it will raise its quarterly dividend by 5.1 percent to 20.5 cents per share. This will mark 12 straight years of dividend growth by KEY. The dividend is payable on December 15, 2022, to holders of record of such Common Shares as of the close of business on November 29, 2022. A new annualized dividend rate of 82 cents per share yields 4.4% at a stock price of $18.61. Headquartered in Cleveland, Ohio, KeyCorp is a bank-based financial services company. KeyCorp provides deposit, lending, cash management, and investment services to individuals and businesses in 15 states under the name KeyBank National Association through a network of branches ATMs. The company also provides corporate and investment banking products, such as merger and acquisition advice, public and private debt and equity, syndications, and derivatives to middle market companies in selected industries throughout the United States under the KeyBa

On November 17, 2022, Dividend Aristocrat Brown-Forman Corporation announced a dividend hike of 9% to $0.2055 quarterly per share. This marks 39 consecutive years of dividend growth. The new dividend yield for Brown-Forman is 1.2% at a stock price of $73. The dividend is payable on January 3, 2023, to stockholders of record on December 2, 2022. Brown-Forman, a member of the prestigious S&P 500 Dividend Aristocrats index, has paid regular quarterly cash dividends for 79 years and has increased the cash dividend for 39 consecutive years. Brown-Forman Corporation manufactures, bottles, imports, exports, markets, and sells a wide variety of alcoholic beverages. The company's brands include Jack Daniel’s, Korbel, el Jimador, Woodford Reserve, Old Forester, Coopers’ Craft, Canadian Mist, Herradura, New Mix, Sonoma-Cutrer, Early Times, Chambord, BenRiach, GlenDronach, Slane, and Fords Gin. Brown-Forman Corporation was incorporated under the laws of the State of Delaware in 1933, succe

On November 17, 2022, C.H. Robinson Worldwide (CHRW) announced that it will raise its quarterly dividend by 10.9 percent to $0.61 per share in 2022. This marks the 25th consecutive year of dividend increases by the logistics company. The new CHRW dividend will payable on January 3, 2023, to shareholders of record on December 2, 2022. A new annualized dividend rate of $2.44 per share yields 2.6% at a stock price of $95 for CHRW. C.H. Robinson is a third-party logistics provider delivering logistics services, fresh produce sourcing and managed services. The company has operations in North America, Europe, Asia, Australia, New Zealand and South America. Headquartered in Eden Prairie, Minnesota, C.H. Robinson has been publicly traded on the NASDAQ since 1997.

On November 17, 2022, Dillard’s, Inc. (DDS) declared a $15.00 per share special dividend. This matches the $15.00 special dividend paid by DDS in december 2021. Last year Dillard's hiked its dividend for the 11th consecutive year. So far this year a dividend hike has not yet been announced by the retailer. The DDS special dividend is payable January 30, 2023 to shareholders of record as of December 30, 2022. The Company also announced that the Board of Directors declared a special dividend of $15.00 per share on the Class A and Class B Common Stock of the Company. The dividend follows the Company’s continued strong financial performance for the first three quarters of 2022. The dividend yield for DDS is 0.2% at a stock price of $363. In a joint statement, Dillard’s Chief Executive Officer, William Dillard, II and President Alex Dillard noted, “We are happy with the Board’s decision to grant another special dividend. It is truly rewarding to us to return value to all shareholders. O

On November 17, 2022, Griffon Corp (GFF) announced that it will raise its quarterly dividend by 11.1 percent to 10 cents quarterly. This marks 11 consecutive years of dividend growth by GFF. Earlier this year Griffon also paid a $2.00 per share special dividend. Griffon Corporation, founded in 1959, is a holding company. Griffon currently conducts its operations through three reportable segments: Consumer and Professional Products (CCP), Home and Building Products (HBP) and Defense Electronics. CPP conducts its operations through AMES, a manufacturer of branded consumer and professional tools and products for home storage and organization, landscaping, and enhancing outdoor lifestyles. CPP's brands include True Temper, AMES, and ClosetMaid. HBP conducts its operations through Clopay, a manufacturer and marketer of garage doors and rolling steel doors. Brands include Clopay, Ideal, Holmes and CornellCookson. Defense Electronics conducts its operations through Telephonics Corporation

On November 17, 2022, AECOM (ACM) declared a new quarterly dividend of 18 cents per share, up 20% from the previous dividend of 15 cents. In 2021 Aecom initiated a dividend and this is the first ever dividend hike. The dividend is payable on January 20, 2023 to stockholders of record as of the close of business on January 4, 2023. The dividend yield for ACM is 0.9% at a stock price of $84. Aecom stock touched an all time high just recently. “The increase in our quarterly dividend reaffirms our long-term plan to return substantially all available cash flow to stockholders, including by raising our dividend per share by double digits annually,” said Troy Rudd, AECOM’s chief executive officer. “The strength of our balance sheet, growth strategy and consistently strong performance allowed us to return nearly $500 million to stockholders through share repurchases and dividends in fiscal 2022 as we continue to maximize value for shareholders.” AECOM  is an infrastructure consulting firm, del

On November 17, 2022, communications products maker Motorola Solutions (MSI) announced that it will increase its quarterly dividend by 11.4 percent to $0.88 per share. This will mark the 11th consecutive year of dividend increases announced by MSI. The next quarterly dividend from MSI will be payable in cash on Jan. 13, 2023, to shareholders of record at the close of business on Dec. 15, 2022.. The new annualized dividend of $3.52 per share for Motorola Solutions yields 1.4 percent at a stock price of $255. Motorola Solutions, Inc. is a provider of communication infrastructure, devices, accessories, software and services. The company makes communications products and services for public safety and government agencies (law enforcement, fire, emergency medical services, and national government security) as well as private entities including utilities, mining, energy, manufacturing, hospitality, retail, transportation and logistics.

Today, Dolby Laboratories (DLB) announced a cash dividend of $0.27 per share of Class A and Class B common stock, payable on December 8, 2022, to stockholders of record as of the close of business on November 30, 2022. This marks 8 consecutive years of dividend growth by DLB. The dividend yield is 1.4% at a stock price of $69.75. Dolby Laboratories creates audio, video, and voice technologies that transform entertainment and communications in mobile devices, at the cinema, at home, and at work. The company's products enable more immersive sound for cinema, digital television transmissions and devices, mobile devices, OTT video services, DVD and Blu-ray Discs, speaker products, PCs, and gaming consoles. The majority of Dolby's revenue comes from licensing its audio technologies. The company also derives revenue from licensing its consumer imaging and communication technologies, as well as audio and imaging technologies for premium cinema offerings in collaboration with exhibitor

On November 16, 2022, Agilent Technologies (A) declared a dividend hike of 7.1% to 22.5 cents quarterly per share. This follows a dividend hike of 8.2% in 2021 and marks 8 consecutive years of dividend growth by A. The dividend yield is 0.6% at a stock price of $155. Agilent Technologies Inc. is a is a global leader in life sciences, diagnostics and applied chemical markets, providing application focused solutions that include instruments, software, services and consumables for the entire laboratory workflow. Agilent's operating segments are: Life Sciences and Applied Markets Business, Diagnostics and Genomics Business and Agilent CrossLab Business. Agilent Technologies Inc. was incorporated in Delaware in May 1999 and has paid a dividend every year since 2012.

On November 16, 2022, Kulicke and Soffa Industries (KLIC) announced a dividend hike of 11.8% to 19 cents quarterly per share. The new dividend yiels is 1.6% at a stock price of $48. Last year the dividend was hiked by 21.4%. Kulicke & Soffa Industries is a provider of semiconductor, LED and electronic assembly solutions serving the global automotive, consumer, communications, computing and industrial markets. Founded in 1951, K&S prides itself on establishing foundations for technological advancement - creating pioneering interconnect solutions that enable performance improvements, power efficiency, form-factor reductions and assembly excellence of current and next-generation semiconductor devices. KLIC initiated a dividend in June 2018.

On November 9, 2022, technology company Automatic Data Processing (trading symbol ADP) announced a whopping 20.2% dividend increase to a new record high of $1.25 per share. This marks the 48th consecutive year of dividend growth for ADP.

Sylvamo's board of directors declared a quarterly dividend of $0.25 per share for the period of Jan. 1, 2023, to March 31, 2023. The dividend is payable Jan. 25, 2023, to holders of record at the close of business Jan. 4, 2023. "We generated strong earnings and free cash flow in the third quarter. In October, we also achieved several milestones, including selling our Russian operations, reaching our gross debt target ahead of schedule and exiting our transition services agreement. I'm also pleased our board of directors approved increasing our quarterly dividend to 25 cents per share," said Jean-Michel Ribiéras. "We continue to implement our three-pronged strategy of commercial excellence, operational excellence and financial discipline, which enabled us to remain the supplier of choice and strengthen our balance sheet."

On november 10, 2022, Becton Dickinson and Company (trading symbol BDX) declared a quarterly dividend of $0.91 per share, up 4.6% from the previous quarterly dividend. This will mark the 51st consecutive year of increased dividends by the Dividend Aristocrat .

On november 10, 2022, Roper Technologies (trading symbol ROP) declared a new quarterly dividend of $0.6825 per share, up 10.1% from the previous quarterly dividend of $0.62 per share. This new dividend hike marks 30 consecutive years of increased dividends by Dividend Aristocrat Roper.

On November 14, 2022, HAVERTYS (HVT) declared a $1.00 per share special dividend to be paid on December 13, 2022, together with the regular quarterly payment of $0.28 per share. Earlier in 2022 HVT announced a quarterly dividend increase from 25 cents to 28 cents per share. Also, a $2.00 per share special dividend was paid in December 2021. The regular dividend yield for HVT is 3.7% at a stock price of $30.31. The next ex-dividend date for both the special and regular dividend is November 25, 2022. Havertys (NYSE: HVT and HVT.A), established in 1885, is a full-service home furnishings retailer with 120 showrooms in 16 states in the Southern and Midwestern regions providing its customers with a wide selection of quality merchandise in middle to upper-middle price ranges. Havertys has paid a cash dividend in each year since 1935.

On november 11, 2022, Patrick Industries (PATK) announced that it will increase its quarterly dividend by 36.4% to $0.45 per share. This follows a dividend hike of 17.9 percent to 33 cents per share in 2021 and also marks the 3rd consecutive year with a double digit dividend hike by the RV products maker. The next PATK dividend is payable on December 12, 2022, to shareholders of record at the close of business on November 28, 2022. The dividend yield jumps to 3.2% at a stock price of $55.45 for Patrick Industries. "The dividend increase reflects our commitment to increasing long-term shareholder value, and the Board and management's confidence in our financial position and capital allocation strategy," said Andy Nemeth, Chief Executive Officer of Patrick. Patrick Industries, Inc. is a major manufacturer and distributor of component products and building products serving the recreational vehicle, marine, manufactured housing, residential housing, high-rise, hospitality, ki

On November 9, 2022, Dividend Aristocrat Automatic Data Processing (ADP) announced that it will raise its quarterly dividend by 20.2% to $1.25 per share. This marks 48 consecutive years of increased dividends by ADP. The dividend yield for ADP is 2.0% at a stock price of $251. Automatic Data Processing, Inc. (ADP) is a provider of human capital management (HCM) solutions. The company's services include a wide range of human resource, payroll, tax, and benefits administration solutions. ADP's reportable business segments are Employer Services and Professional Employer Organization (“PEO”). ADP was founded in 1949 on an innovative idea: to help business owners focus on core business activities by freeing them up from certain non-core tasks such as payroll.

Insurer Aflac has now raised the dividend forty consecutive years. On November 8, 2022, insurer AFLAC (trading symbol AFL) announced a 5% dividend increase to $0.42 quarterly per share. This marks the 40th consecutive year of increased dividends by the Dividend Aristocrat.

On November 8, 2022, Insurer Aflac Inc. (AFL) announced that it will raise its quarterly dividend by 5% to $0.42 per share. This marks exactly 40 consecutive years of dividend growth for AFL and follows a double digit (21.2%) increase announced in 2021. The increased AFL dividend is payable on March 1, 2023 to shareholders of record at the close of business on February 15, 2023. The new annualized dividend rate of $1.68 per share yields 2.3% at a stock price of $72.50. Aflac Incorporated is engaged in supplemental health and life insurance. The company is a provider of voluntary insurance at the worksite in the United States and medical and cancer insurance in Japan. The Company offers cancer plans, critical illness plans, and critical care and recovery plans. When a policyholder gets sick or hurt, Aflac pays cash benefits fast, giving policyholders the opportunity to direct cash where it’s needed most when a specific health event or life situation causes financial challenges. This is

Autoliv, Inc. (NYSE: ALV) (SSE: ALIVsdb), the worldwide leader in automotive safety systems, today announced that its quarterly dividend will be increased by 3% to 66 cents per share, from 64 cents, for the fourth quarter of 2022.  "Autoliv remains committed to creating value for shareholders and the Board of Directors is pleased to approve a higher dividend payout this quarter," says Jan Carlson, Chairman of the Board of Directors. "It is our ambition to consistently create competitive shareholder value through our purpose-led strategy and operations. As previously communicated, our balance sheet and positive cash flow trend allows for increased shareholder returns. Together with our share repurchase program, our quarterly dividends return substantial value to shareholders," continued Mr. Carlson. "This is the second consecutive annual 3% increase since we re-instated our dividend in Q2 2021." The dividend will be payable on Friday, December 9, 2022 to Au

On October 28, 2022, biopharmaceutical company AbbVie (ticker symbol ABBV) announced a 5% dividend increase beginning with the next dividend payable in February 2023. This will mark the 51st consecutive year of dividend growth by ABBV.