Dividend Track Records

Dividend Aristocrat Lowe's Companies (LOW) has declared a quarterly cash dividend of  one dollar  and  10 cents   ($1.10)  per share, payable  Aug. 9, 2023 , to shareholders of record as of  July 26, 2023 . This represents a 5% increase over the company's previous dividend of  one dollar  and  five cents   ($1.05)  per share.

On May 26, 2023, Lowe's Companies (LOW) declared a new quarterly dividend of $1.10 per share, up 4.8% from the previous quarterly dividend. This marks 62 consecutive years of dividend growth and also is the smallest dividend hike in many years. The board of directors for Lowe's Companies, Inc. has declared a quarterly cash dividend of one dollar and 10 cents ($1.10) per share, payable Aug. 9, 2023 , to shareholders of record as of July 26, 2023 . This represents a 5% increase over the company's previous dividend of one dollar and five cents ($1.05) per share. "We have made tremendous strides with our Total Home strategy, which has enabled us to take market share, drive Pro loyalty, accelerate online growth and deliver value for DIY customers," said Marvin R. Ellison, Lowe's chairman, president and CEO. "Today's dividend increase reinforces our commitment to a best-in-class capital allocation strategy centered on delivering sustainable shareholde

On May 20, 2023, HAVERTYS (HVT) announced a 7.1% dividend hike to $0.30 quarterly per share. The quarterly dividend for the company's Class A common stock is also being increased from $0.26 to $0.28 per share. The dividend is payable on June 21, 2023, to stockholders of record at the close of business on June 6, 2023. Havertys has paid a cash dividend in each year since 1935. The dividend yield for HVT is 4.25% based on a stock price of $26.50 and the new annual dividend rate of $1.20 per share. Havertys has now raised the dividend 14 consecutive years. Clarence H. Smith, chairman and chief executive officer, said, "The board's decision to increase the quarterly dividend reflects our long-term outlook, strong financial position, and our commitment to Havertys stockholders." Havertys (NYSE: HVT and HVT.A), established in 1885, is a full-service home furnishings retailer with showrooms in multiple states in the Southern and Midwestern regions providing its customers wit

On May 19, 2023, LyondellBasell Industries (LYB) announced that it will raise its quarterly dividend by 5% to $1.25 per share. This marks the 13th consecutive year of dividend increases. The next LYB dividend will be paid June 6, 2023 to shareholders of record May 30, 2023, with an ex-dividend date of May 26, 2023. At a stock price of $90.89 the dividend yield is 5.5%. "2023 marks our 13th consecutive year of annual dividend growth. Our increasing dividend demonstrates our ongoing commitment to deliver strong returns for LyondellBasell shareholders. It is also aligned with our long-term target of returning 70 percent of free cash flow to shareholders that we shared at our Capital Markets Day," said Peter Vanacker, CEO of LyondellBasell. "We will continue our balanced approach to capital deployment as we establish our leadership in creating solutions for everyday sustainable living." LyondellBasell Industries is a plastics, chemicals and refining company. Its chemica

NACCO Industries (NC) today announced that the Board of Directors increased its regular cash dividend from 20.75 cents to 21.75 cents per share. The dividend is payable on both the Class A and Class B Common Stock, and will be paid June 15, 2023 to stockholders of record at the close of business on May 31, 2023.  The new dividend is equal to an annual rate of $0.87 per share. This marks 5 consecutive years of increased dividends by Nacco. The new dividend yield is 2.6% at a stock price of $32. NACCO Industries brings natural resources to life by delivering aggregates, minerals, reliable fuels and environmental solutions through its robust portfolio of NACCO Natural Resources businesses. 

Advanced Drainage Systems (WMS) will raise its quarterly dividend by 16.7 percent to 14 cents per share in 2023. The quarterly cash dividend amount of $0.14 per share will be paid on June 15, 2023, to shareholders of record at the close of business on June 1, 2023. Scott Barbour, President and Chief Executive Officer of Advanced Drainage Systems commented, “The 17% increase in the cash dividend is predicated on the strength of our balance sheet, formidable cash generation, and ongoing commitment to returning capital to shareholders. Our strong financial performance and operational excellence initiatives provide us with the confidence and financial flexibility to return excess cash to our shareholders while simultaneously continuing to strategically invest in our business.” Advanced Drainage Systems is a manufacturer of thermoplastic corrugated pipe, providing water management products and drainage solutions for use in the construction and infrastructure marketplace. Its products are us

P10, Inc. (symbol PX), a private markets solutions provider, wil hike its quarterly dividend by 8.3% to $0.0325 quarterly per share in Q2 of 2023. Last year PX initiated a dividend and this is the first ever increase. The next dividend will be paid on June 20, 2023. The ex-dividend date is May 26, 2023. P10 is a leading multi-asset class private markets solutions provider in the alternative asset management industry. P10’s mission is to provide its investors differentiated access to a broad set of investment solutions that address their diverse investment needs within private markets. As of March 31, 2022, P10 has a global investor base of over 2,500 investors across 49 states, 53 countries and six continents, which includes some of the world’s largest pension funds, endowments, foundations, corporate pensions and financial institutions. 

On May 11, 2023, Dividend Aristocrat Cardinal Health (CAH) announced that it will raise its quarterly dividend by 1.0 percent to $0.5006 per share in 2023. 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, 2023 to shareholders of record at the close of business on July 3, 2023. A new annualized rate of about $2.00 per share yields 2.4% at a stock price of $84.84 for Cardinal Health. Because of this small dividend hike the average dividend growth over the last five years drops to 1.0 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 seg

On May 8, 2023, Cabot Corp (CBT) announced that it will raise its quarterly dividend by 8.1% to 40 cents quarterly per share. Last year the specialty chemicals company did not announce a dividend hike. The dividend is payable on June 9, 2023, to stockholders of record at the close of business on May 26, 2023. On an annualized basis, the new dividend rate is $1.60 per share versus $1.48 per share, previously with a new dividend yield of 2.3% at a stock price of $70.55. “For over 50 years, we have consistently paid dividends, which reinforces our commitment to return capital to our shareholders,” said Sean Keohane, President and Chief Executive Officer of Cabot Corporation. “The dividend increase, our sixth in the last eight years, reflects our positive long-term view and the Board’s confidence in our ability to generate strong cash flows to fund high-growth investments and return cash to shareholders through a competitive dividend.” Cabot Corporation is a specialty chemicals and perform

P&C insurance company RLI Corp (symbol RLI) will hike its dividend by 3.8% to $0.27 quarterly per share in 2023. This marks the 48th consecutive year of increased dividends by RLI.

For the first time since 2016 insurance company American International Group (AIG) has announced a dividend hike with the quarterly payment being raised from $0.32 to $0.36 per share quarterly. This 12.5% dividend hike brings the total annual dividend payment for AIG to $1.07 billion annually. The next AIG dividend will be paid on June 30, 2023 to shareholders of record on June 16, 2023. The dividend yield is 2.89% at a stock price of $49.88 for AIG. American International Group, Inc. is a global insurance company. The company provides a range of property and casualty insurance, life insurance, retirement solutions, and other financial services to customers in countries worldwide.

Pool Corporation (symbol POOL) has declared a quarterly cash dividend of $1.10 per share, a 10% increase over the previous quarterly dividend amount of $1.00 per share. The dividend is payable on May 31, 2023 to stockholders of record on May 17, 2023. As of May 3, 2023, there were 39,041,377 shares of common stock outstanding. For Pool Corp this marks the 13th consecutive year of dividend growth with a 5 yr CAGR of 19.6%. Actually the dividend is now hiked by double digits 11 times in the last 12 years. The dividend yield for POOL is 1.3% at a stock price of $344.87. Pool Corporation is a distributor of swimming pool supplies, equipment and related leisure products. The Company's customers include swimming pool remodelers and builders; specialty retailers that sell swimming pool supplies; swimming pool repair and service businesses; irrigation construction and landscape maintenance contractors, and golf courses and other commercial customers. The company has been paying a dividend

On May 4, 2023, Dividend Aristocrat Leggett & Platt (symbol LEG) announced a 4.5% dividend hike to 46 cents quarterly. This marks the 52nd consecutive year of dividend growth by LEG.

The Board of Directors of Griffon Corporation (GFF) declared a regular quarterly cash dividend of $0.125 per share. The dividend is payable on June 15, 2023, to shareholders of record as of the close of business on May 25, 2023. Earlier GFF also declared a $2.00 per share special dividend to be paid on May 19, 2023. The regular dividend yields 1.7% at a stock price of $29.12. 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 C

On May 3, 2023, Allied Motion Technologies Inc (AMOT) announced that it will raise its quarterly dividend by 20 percent to $0.03 per share. This follows a 20% dividend hike by AMOT two years ago. The designer and manufacturer of precision and specialty controlled motion products and solutions for the global market, announced that its Board of Directors approved a quarterly cash dividend payment of $0.03 per share, up 20% from the previous rate of $0.025 per share. The dividend will be payable on June 1, 2023 to stockholders of record as of the close of business on May 18, 2023. Dick Warzala, Chairman and CEO, commented, “This dividend increase reflects our confidence in our strategy, strong financial position and positive long-term view of the markets we serve.” Allied Motion Technologies designs, manufactures and sells precision and specialty controlled motion products and solutions used in a broad range of industries within our major served markets, which include Vehicle, Medical, Ae

On May 2, 2023 Weyco (WEYS) announced that it will raise its quarterly dividend by 4.2 percent to $0.25 per share. This marks the company's first dividend hike since 2019. Earlier the WEYS had a track record of 39 consecutive years of dividend growth. The next WEYS dividend is payable June 30, 2023 and the new annual dividend rate of $1.00 per share yields 3.8% at a stock price of $26.10. Weyco Group, Inc., designs and markets footwear for men, women and children. Its brands include Florsheim, Nunn Bush, Stacy Adams, BOGS, Rafters and Umi.  The Company's products can be found in footwear, department, and specialty stores worldwide.