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Showing posts from May, 2019

First Capital hikes dividend by 4.3%

Stock Yards Bancorp hikes dividend by 4%

Weyco Group hikes dividend by 4.3%

Weyco (WEYS) will raise its quarterly dividend by 4.3 percent to $0.24 per share in 2019. This marks the company's 38th consecutive year of dividend increases. The next dividend is payable June 29, 2018 to shareholders of record on May 31, 2019. A new annual dividend rate of 96 cents yields 2.8% at a stock price of $33.78. 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.

Microchip Technology hikes dividend by 0.1%

Microchip Technology (MCHP) will raise its quarterly dividend by another 0.1 percent to $0.3655 per share in the second quarter of 2019. This follows similar dividend hikes in each of the last couple of quarters. The dividend is payable on June 4, 2019 to stockholders of record on May 21, 2019. Microchip has increased its dividend 59 times since its inception. A new annual rate of $1.462 per share yields 1.6% at a stock price of $91.54. “Microchip’s financial results in the March 2019 quarter were above the midpoint of our guidance, in spite of a challenging economic backdrop, and produced $403.4 million of cash flows from operations,” said Steve Sanghi, Chief Executive Officer. “Our Board of Directors is pleased to declare an increase in our quarterly dividend to a record 36.55 cents per share, which continues to reflect our ongoing commitment to return value to our stockholders.” Microchip Technology Incorporated manufactures specialized semiconductor products used for  emb...

American Financial Group pays special dividend

American Financial Group, Inc. (AFG) will pay a special cash dividend of $1.50 per share in the second quarter of 2019. The company's regular quarterly dividend is $0.40 per share. In 2018 the insurance holding company paid two special dividends of $1.50 per share. The special dividend is payable on May 28, 2019 to shareholders of record on May 15, 2019 and yields 1.4% at a stock price of $103.51. The regular annual dividend of $1.60 yields 1.5% at current prices. American Financial Group is an insurance holding company, based in Cincinnati, Ohio. Through the operations of Great American Insurance Group, AFG is engaged primarily in property and casualty insurance, focusing on specialized commercial products for businesses, and in the sale of fixed and fixed-indexed annuities in the retail, financial institutions and education markets. Great American Insurance Group’s roots go back to 1872 with the founding of its flagship company, Great American Insurance Company.

Cogent hikes dividend by 3.4%

RLI Corp hikes dividend by 4.5%

RLI Corp. (RLI) will raise its quarterly dividend by 4.5 percent to $0.23 per share in 2019. This marks the 44th consecutive year of dividend increases for the specialty insurer. In Q4 RLI also paid a $1.00 per share special dividend. The dividend is payable on June 20, 2019, to shareholders of record as of May 31, 2019. The new annual dividend rate of 92 cents per share yields 1.1% at a stock price of $83. RLI Corp. is a specialty insurer serving diverse, niche property, casualty and surety markets. RLI's products are offered through its insurance subsidiaries RLI Insurance Company, Mt. Hawley Insurance Company and Contractors Bonding and Insurance Company.

EOG Resources hikes dividend by 30.7%

EOG Resources (EOG) will increase its quarterly dividend by 30.7 percent to $0.2875 per share in 2019. Last year the company hiked its dividend by a total of 31.3 percent. The next dividend will be payable July 31, 2019, to holders of record as of July 17, 2019. The indicated annual rate is $1.15 per share. The indicated annual rate is $1.15 per share and yields 1.3% at a stock price of $89.17. "EOG's commitment to increasing cash returns to stockholders continues, as we have now increased our dividend by 72 percent during the past 14 months. This is made possible through our relentless efforts to lower costs, increase returns and fundamentally reset the business to be profitable even in a low oil price environment. We are confident our results will continue to improve, guided by our unique culture and sustainable business model," Thomas said. EOG Resources, Inc., organized in 1985, together with its subsidiaries explores for, develops, produces and markets crude oi...