Dividend Track Records

Amcon Distributing Co (DIT), a company known for its stable dividend payouts, recently announced a special dividend of $0.28 per share, set to be paid to shareholders who hold the stock through the ex-dividend date of January 5, 2024.  AMCON, and its subsidiaries Team Sledd, LLC and Henry’s Foods, Inc., is a leading Convenience and Foodservice Distributor of consumer products, including beverages, candy, tobacco, groceries, foodservice, frozen and refrigerated foods, automotive supplies and health and beauty care products with thirteen (13) distribution centers in Colorado, Illinois, Indiana, Minnesota, Missouri, Nebraska, North Dakota, South Dakota, Tennessee, and West Virginia. Through its Healthy Edge Retail Group, AMCON operates fifteen (15) health and natural product retail stores in the Midwest and Florida.

Mastercard (MA) will hike its quarterly dividend by 15.8% to $0.66 quarterly per share in Q1 of 2024.

A Host Hotels & Resorts property (image: company) In week 51 the last US listed companies announced dividend hikes, including Dividend Aristocrat Abbott Laboratories. The dividend freak Youtube channel noticed a company that announced a special dividend and hiked the dividend for the 3rd time in 2023.

Nestlé paid a record dividend of CHF 2.95 in 2023 (source: Dividend Freak) Swiss consumer staples giant Nestlé is one of only a few real Dividend Aristocrats from Europe with more than 25 consecutive years of increased dividends. This year the dividend was hiked by 5% to a new record high of CHF 2.95 per share.

Mosaic (MOS)  will hike its quarterly dividend by 5.0% to $0.21 quarterly per share in 2024. This marks the 5th consecutive year of increased dividends by MOS.  The Mosaic Company  is a producer and marketer of concentrated phosphate and potash crop nutrients. Mosaic is a single source provider of phosphate and potash fertilizers and feed ingredients for the global agriculture industry. Mosaic operates through three segments: Phosphates, Potash and Mosaic Fertilizantes.  

Lamb Weston hiked the dividend by 28.6% in 2023. The biggest dividend hike in week 50 was announced by potato products supplier Lamb Weston , with a 28.6% increase. Other interesting companies announcing dividend hikes include Pfizer, Eli Lilly, Waste Management, Realty Income en multiple Dividend Aristocrats . Also we had special dividend announcements by Costco and W.R. Berkley. 

On December 14, 2023, Preferred Bank (PFBC) announced a new quarterly dividend of $0.70 per share. This comes after a 27.9% dividend hike in 2022. Preferred Bank is a commercial bank headquartered in California, conducting its banking business from its main office in Los Angeles, California, and through eleven full-service branch banking offices in California and one branch in Flushing, New York. In addition, the Bank operates a loan production office in the Houston suburb of Sugar Land, Texas. Preferred Bank offers a broad range of deposit and loan products and services to both commercial and consumer customers.  The Bank provides personalized deposit services as well as real estate finance, commercial loans and trade finance to small and mid-sized businesses, entrepreneurs, real estate developers, professionals and high net worth individuals. Although originally founded as a Chinese-American Bank, Preferred Bank now derives most of its customers from the diversified mainstream ma...

Deere is known for its double digit dividend increases (image: company website) In this new weekly series, we explore top dividend growth stocks worldwide. In this edition, our focus is on Deere & Co (symbol DE), a $100 billion company specializing in agricultural, construction, and forestry equipment, renowned for its globally used tractors and heavy machinery. Deere either hikes the dividend by double digits or does not increase its dividend in a specific year.

Broadcom (AVGO) has now raised the dividend 13 consecutive years. In one of the biggest dividend weeks of 2023 many US companies announced dividend hikes, including big names such as Broadcom , Deere, CVS Health, Eli Lilly and Ecolab . Check this weekly dividend update with all dividend increases announced between December 4 and 7 of 2023. We especially focus on Broadcom, hiking the dividend for the 13th consecutive year with another double digit hike.

Graco (GGG) has now raised its dividend 27 consecutive years. We look at the dividend hikes announced in week 48, with Walt Disney announcing the first dividend since 2019/2020 and Graco hiking the dividend for the 27th consecutive year. Als news from Morningstar and Alexandria Real Estate Equities.

Consumer Staples company Kao leads all companies in Japan. There is one share listed on the Tokyo stock exchange that can be called a true Dividend Aristocrat. This consumer staples share, a peer of Procter & Gamble and L'Oréal, has increased its dividend for 33 years in a row. Meet Kao Corp, a cosmetics and shampoo giant from Japan!