Dividend Track Records

EastGroup Properties (EGP) will raise its quarterly dividend by 4.2 percent to $0.75 per share in 2019. Last year the real estate investment trust hiked its dividend by 12.5 percent. The next dividend is payable on October 15, 2019 to shareholders of record on September 30, 2019.  A new annual rate of $3.00 per share yields 2.4% at a stock price of $124.50. This dividend is the 159th consecutive quarterly distribution to EastGroup's shareholders and represents an annualized dividend rate of $3.00 per share. EastGroup has increased or maintained its dividend for 27 consecutive years. The company has increased it 24 years over that period, including increases in each of the last eight years. EastGroup Properties, Inc. is a self-administered equity real estate investment trust focused on the development, acquisition and operation of industrial properties in major Sunbelt markets throughout the United States with an emphasis in the states of Florida, Texas, Arizona, California an...

Lam Research Corp (LRCX) will raise its quarterly dividend by 4.5 percent to $1.15 per share in 2019. This follows a 120.0 percent dividend hike by the semiconductor company last year. The next dividend will be paid on October 16, 2019 to holders of record on October 1, 2019. A new annual rate of $4.60 per share yields 2.2% at a stock price of $210. 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 includes leading semiconductor memory, foundry, and integrated device manufacturers that make products such as non-volatile memory, DRAM memory, and logic devices. Incorporated in 1980, Lam Research is headquartered in Fremont, California. The company has a network of facilities throughout Asia, Europe,...

Intuit (INTU) will raise its quarterly dividend by 12.8 percent to $0.53 per share in 2019. This marks the 8th consecutive year of dividend increases for the technology company. The next dividend will be paid on October 18, 2019 to shareholders of record on October 10, 2019. A new annualized rate of $2.12 per share yields 0.8% at a stock price of $278. 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 better manage their money, reduce their debt and file their taxes with ease. Intuit has offices in the United States, Canada, India, the United Kingdom, Israel, Australia, and other locations. Intuit was incorporated in California in March 1984. The company was reincorporated in...

BancFirst Corporation (BANF) will raise its quarterly dividend by 6.7 percent to $0.32 per share in 2019, marking the 26th consecutive year of annual dividend increases. Last year BANF hiked its dividend by 42.9 percent. The next dividend is payable October15, 2019, to shareholders of record on September 30, 2019. A new annualized dividend rate of $1.28 per share yields 2.4% at a stock price of $52.50. BancFirst Corporation is an Oklahoma based financial services holding company. The company's principal subsidiary bank, BancFirst, is Oklahoma's largest state-chartered bank.  It has four business units, which include metropolitan banks, community banks, other financial services, and executive, operations and support. BANF also owns 100% of BancFirst Insurance Services, Inc., an independent insurance agency, and 100% of Council Oak Partners LLC, an Oklahoma limited liability company engaged in investing activities.

Dillard’s, Inc. (DDS) will raise its quarterly dividend by 50.0 percent to $0.15 per share in 2019. This is the first dividend hike since 2017 by the company and marks the 9th consecutive increase on an annualized basis. The next dividend is payable on the Company’s Class A and Class B Common Stock on November 4, 2019 to shareholders of record as of September 30, 2019. A new annual rate of 60 cents per share yields 1.1% at a stock price of $56.20. Dillard's, Inc. is a retailer of fashion apparel, cosmetics and home furnishings. The Company's retail operations segment includes the retail department stores. The construction segment includes the operations of CDI Contractors, LLC (CDI), a general contracting construction company. CDI's business includes constructing and remodeling stores for the Company. Dillard's operates its department stores primarily in the southwest, southeast and midwest regions of the United States.

Altria Group, Inc. (MO) will increase its quarterly dividend by 5.0 percent to $0.84 per common share in 2019. This marks the 50th consecutive year of annual dividend increases by the Dividend Aristocrat. The next dividend is payable on October 10, 2019, to shareholders of record as of September 16, 2019. The ex-dividend date is September 13, 2019. The new annualized dividend rate of $3.36 per common share represents a yield of 7.3% based on Altria’s closing stock price of $46.25 on August 21, 2019. “We are extremely proud of Altria’s fifty-year history of dividend growth,” said Howard Willard, Altria’s Chairman and Chief Executive Officer. “Over the past half century, Altria has demonstrated its steadfast commitment to rewarding shareholders despite numerous shifts in the tobacco landscape. Today, we remain focused on our shareholders as we lead the industry through a period of evolution.” Altria Group, Inc. is a holding company incorporated in the Commonwealth of Virgi...

Avnet (AVT) will raise its quarterly dividend by 5.0 percent to $0.21 per share in 2019. The increase is in addition to Avnet's total dividend hike of 11.1 percent in 2018 and marks the 6th consecutive year of annual dividend increases. The next dividend will be paid on September 25, 2019, to shareholders of record as of the close of business on September 11, 2019. A new annual rate of 84 cents per share yields 2.0% at a stock price of $41.15. Avnet, Inc. is a technology solutions company. Avnet's two primary operating groups are Electronic Components (EC) and Farnell. Both have operations in the Americas, Europe, Middle East and Africa and Asia/Pacific. Electronic Components markets, sells and distributes electronic components including semiconductors, interconnect, passive and electromechanical components and other integrated components. EC serves a variety of markets ranging from automotive to medical to defense and aerospace. Farnell distributes kits, tools, elect...

Microchip Technology (MCHP) will raise its quarterly dividend by another 0.1 percent to $0.366 per share in the 3rd quarter of 2019. This follows similar dividend hikes in each of the last couple of quarters. The next dividend is payable on September 4, 2019 to stockholders of record on August 21, 2019. A new annual rate of $1.464 per share yields 1.7% at a stock price of $88.38. Microchip initiated quarterly cash dividend payments in the third quarter of fiscal year 2003 and has increased its dividend 60 times since its inception. “Microchip’s financial performance in the June 2019 quarter was good with the Company exceeding its non-GAAP earnings per share,” said Steve Sanghi, Chief Executive Officer. “Our Board is pleased to declare an increase in our quarterly dividend to a record 36.60 cents per share, which continues to reflect our ongoing commitment to returning value to our stockholders.” Microchip Technology Incorporated manufactures specialized semiconductor products ...

Simon Property Group (SPG) will raise its quarterly dividend by another 2.4 percent to $2.10  per share in the third quarter of 2019. This brings the total dividend increase this year to exactly 5.0 percent. The dividend will be payable on August 30, 2019 to shareholders of record on August 16, 2019. A new annualized dividend rate of $8.40 per share yields 5.3% at a stock price of $154.08. Simon Property Group, Inc. is a real estate investment trust (REIT). The Company owns real estate properties across North America, Europe and Asia, which consist primarily of malls, Premium Outlets and The Mills. Simon Property is the largest shareholder in Klépierre, a French REIT and one of Europe's biggest publicly traded mall operators.