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Summit State Bank suspends dividend
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Summit State Bank (SSBI) will cancel its quarterly dividend in Q1 of 2025. The bank already cut its dividend from 12 cents to 4 cents quarterly last September.
Paychex (PAYX) will hike its dividend by 10.2% to $1.19 quarterly per share in 2026. This marks the 16th consecutive year of increases by PAYX. The yield is 5.1% at $93.02.
Campbell's Co (CPB) , the company formerly known as Campbell Soup, will hike its dividend by 5.4% to 39 cents quarterly per share. The dividend yield is 3.66%. It's the first dividend hike by CPB since 2020.
Apple (AAPL) hikes dividend by 3.8% to 27 cents quarterly per share in 2026. This marks the 13th consecutive year of increases by the Iphone maker. The yield for Apple is 0.4% at a stock price of $280.14.