Dividend Track Records (DTR)

On August 30, 2023, Deere & Company (DE) announced its second dividend for 2023 with a new 8% increase to $1.35 quarterly per share. This comes after a smaller increase of 5 cents to $1.25 quarterly this February. The total dividend hike in 2023 is 12.5%. The dividend yield for Deere & Co jumps to 1.3% based on a new annual rate of $5.40 per share and a stock price of $415. The next John Deere dividend is payable November 8, 2023 to stockholders of record on September 29, 2023 and the tractor maker now pays an estimated $1.58 billion in dividends annually. Deere & Company is a manufacturer of agricultural, construction and forestry equipment. Deere operates three business segments: agriculture and turf, construction and forestry, and financial services. The agriculture and turf segment manufactures and distributes a line of agriculture and turf equipment and related service parts. The construction and forestry segment manufactures and distributes a range of machines and ser...

On August 25, 2023, Intuit (INTU) announced a 15.4% dividend hike to $0.90 quarterly per share in 2023. The financial software company that develops and sells accounting, tax preparation, and financial management software for individuals and businesses has now raised its dividend 12 consecutive years. The increased INTU dividend will payable on October 17, 2023 to shareholders of record on October 9. The next ex-dividend date for Intuit is October 5, 2023. At a stock price of $519 the dividend yield is 0.69% and Intuit now pays an estimated $1.08 billion in dividends annually. Last year the company hiked its dividend by 14.7%. Intuit Inc. is a provider of business and financial management solutions for small businesses, consumers and accounting professionals. Intuit's reportable segments are: Small Business & Self-Employed, Consumer and Strategic Partner. The company's products and platforms, including QuickBooks, TurboTax, Mint and Turbo, are designed to help customers bet...

On August 22, 2023, First American Financial Corporation (FAF) declared a dividend hike of 1.9% to $0.53 quarterly per share. The provider of title insurance, settlement services and risk solutions for real estate transactions has now raised its dividend 12 straight years. The next FAF cash dividend is payable on September 15, 2023 to shareholders of record as of September 8, 2023. The new $2.12 per share annual dividend yields 3.5% at a stock price of $59.85. Last year FAF announced a dividend hike of 2.0%. “Our decision to increase the cash dividend signals our continued confidence in the outlook for our business and our long-standing commitment to return capital to our shareholders,” said Ken DeGiorgio, chief executive officer of First American Financial Corporation. First American Financial Corporation is a provider of title insurance, settlement services and risk solutions for real estate transactions. First American also provides title plant management services; title and other r...

On August 16, 2023, Stock Yards Bancorp (SYBT) declared a 3.4% dividend hike to $0.30 quarterly per share. This marks 14 consecutive years of increased dividends by SYBT. The dividend yield is 2.5% at a stock price of $47 and the next ex-dividend date for SYBT is September 15, 2023. Stock Yards Bancorp, Inc., parent company of Stock Yards Bank & Trust Company, with offices in the Louisville, central, eastern and northern Kentucky, as well as the Indianapolis, Indiana and Cincinnati, Ohio metropolitan markets, announced that its Board of Directors increased its cash dividend to $0.30 per common share. The dividend will be paid on October 2, 2023, to stockholders of record as of September 18, 2023. Commenting on the announcement, James A. (Ja) Hillebrand, Chairman and Chief Executive Officer, said, “Solid franchise growth contributes to our ability to steadily increase dividends and to further build shareholder value. With this announcement, Stock Yards Bancorp has now raised its qua...

On August 25, 2023, tobacco company Altria Group, Inc. (MO) announced a dividend hike of 4.3% to $0.98 quarterly per share. This marks 54 consecutive years of increased dividend by Altria. Altria Group, Inc. announced that our Board of Directors voted to increase our regular quarterly dividend by 4.3% to $0.98 per share versus the previous rate of $0.94 per share. The quarterly dividend is payable on October 10, 2023 to shareholders of record as of September 15, 2023. The ex-dividend date is September 14, 2023. The new annualized dividend rate is $3.92 per share, representing a dividend yield of 9.1% based on our closing stock price of $43.12 on August 23, 2023. Altria states that the dividend increase is consistent with our new progressive dividend goal that was established at the 2023 Investor Day that targets mid-single digits dividend per share growth annually. This increase marks the 58th dividend increase by MO in the past 54 years. Altria Group, Inc. is a holding company incorpo...

On August 24, 20223, Lam Research Corp (LRCX) announced a dividend increase of 15.9 percent to $2.00 quarterly per share. This follows a 15.0 percent dividend hike by the semiconductor company last year and marks 9 consecutive years of increased dividends since the first dividend was paid in 2014. This increase is consistent with the intent for disciplined annual dividend growth. The dividend payment will be made on October 4, 2023, to holders of record on September 13, 2023. Future dividend payments are subject to review and approval by the Board of Directors. The new annual dividend of $8.00 per share for LRCX yields 1.2% at a stock price of $655. Lam Research Corporation is a supplier of wafer fabrication equipment and services to the semiconductor industry. The company's products are used in a variety of electronic products, including mobile phones, personal computers, servers, wearables, automotive devices, storage devices, and networking equipment.  Lam's customer base in...

Medical Properties Trust cuts dividend by 48.3% to 15 cents quarterly in 2023.

On August 17, 2023, Murphy USA (MUSA) announced yet another 2.6% dividend hike to $0.39 quarterly per share. This follows dividend hikes in May and February by the oil & gas company for a total increase of 11.4% year-to-date. MUSA has now raised its dividend 3 consecutive years and currently yields 0.5% at a stock price of $314.  The Board of Directors of Murphy USA Inc. declared a quarterly cash dividend on the Common Stock of Murphy USA Inc. of $0.39 per share, or $1.56 per share on an annualized basis, reflecting a 2.6% increase from the prior quarter. The dividend is payable on September 7, 2023, to stockholders of record as of August 28, 2023. Murphy USA is a retailer of gasoline and convenience merchandise with stores located primarily in the Southwest, Southeast, Midwest and Northeast United States. The company operates a network of retail gasoline and convenience stores in 27 states. The majority of Murphy USA's stores are located in close proximity to Walmart Supercent...

On August 16, 2023,Winnebago Industries, Inc. (WGO) announced a 14.8% dividend hike to a new record high of $0.31 quarterly per share. This marks the 8th consecutive year of dividend increases by the motorhome maker. The dividend yield for WGO was 1.7% prior to this new dividend hike. Winnebago Industries, Inc. (NYSE:WGO), a leading outdoor lifestyle product manufacturer, today announced that the Company’s Board of Directors approved a quarterly cash dividend of $0.31 per share payable on September 27, 2023, to common stockholders of record at the close of business on September 13, 2023. Today’s dividend declaration represents a 15 percent increase, or $0.04 per share, from the previous quarter. “Our team is focused on serving our customers, operating our business with discipline, and creating sustainable value for our shareholders,” said Michael Happe, Winnebago Industries’ President and Chief Executive Officer. “This dividend increase underscores our confidence in the long-term stren...

On August 16, 2023, Cboe Global Markets (CBOE) a leading provider of global market infrastructure and tradable products, declared a 10% dividend hike to $0.55 quarterly per share. This marks 13 consecutive years of increased dividends by CBOE. The new dividend yield is 1.5% at a stock price of $150. The third-quarter 2023 dividend is payable on September 15, 2023 , to stockholders of record as of August 31, 2023 .  Cboe Global Markets, Inc., formerly CBOE Holdings, Inc., operates markets that offer options trading on various market indexes and futures contracts.  The company's subsidiaries include Chicago Board Options Exchange (CBOE), CBOE Futures Exchange (CFE), C2 Options Exchange (C2), Market Data Express and Chicago Options Exchange Building Corporation. Cboe Global Markets is headquartered in Chicago with a network of domestic and global offices across the Americas, Europe and Asia, including main hubs in New York, London, Kansas City and Amsterdam. The company has paid ...