Paychex hikes dividend by 10.2%

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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.

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Emerson hikes dividend by 2%

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Emerson (EMR) will raise its quarterly dividend by 2.0 percent to 51.5 cents per share in 2021. This follows a dividend hike of just 1.0 percent in 2020. Dividend Aristocrat Emerson is on track for 50 straight years of dividend growth. The next dividend is payable December 10, 2021 to stockholders of record November 12, 2021. A new annual rate of $2.06 per share yields 2.1% at a stock price of $97.93. Emerson Electric will now pay an estimated $1.23 billion in dividends to its shareholders annually. The last time the company announced a double digit dividend hike was in 2011, with a 15.9 percent increase. Emerson , formerly Emerson Electric, provides technology and engineering solutions for customers in a wide range of industrial, commercial and consumer markets around the world. The company's segments are Automation Solutions, and Climate Technologies and Tools & Home Products which together comprise the Commercial & Residential Solutions business. Emerson was founded in 1...
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City Holding Co hikes dividend by 10%

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On September 27, 2023, City Holding Company (CHCO) announced that it will raise its quarterly dividend by 10 percent to $0.715 per share. This marks the 12th consecutive year of annual dividend increases by the financial company. The next dividend will be paid on October 31, 2023 with an ex-dividend date of October 12, 2023. The dividend yield for CHCO is 3.2% at a stock price of $90.35. “City’s board reaffirmed the Company’s commitment of returning value to its shareholders today by voting to approve an increase in the quarterly cash dividend of 6.5 cents to 71.5 cents,” stated Charles (Skip) Hageboeck, President and CEO. “The Company's current strong capital and liquidity position, our financial performance during 2023, and our confidence in the Company's ability to sustain this performance led to the decision to increase the dividend to $2.86 on an annualized basis.” City Holding Company is the parent company of City National Bank of West Virginia. City National operates bra...
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