Dividend Track Records

Marriott Vacations (VAC) will raise its quarterly dividend by 20.0 percent to $0.54 per share in the fourth quarter of 2019. The vacation ownership company initiated a dividend in 2014. The next dividend is payable on or around January 6, 2020 to shareholders of record as of December 23, 2019. A new annualized dividend rate of $2.16 per share yields 1.7% at a stock price of $84.90. Marriott Vacations Worldwide Corporation is a global vacation ownership company that offers vacation ownership, exchange, rental and resort and property management, along with related businesses, products and services. It also includes exchange networks and membership programs, as well as management of other resorts and lodging properties. Its seven vacation ownership brands include Marriott Vacation Club, The Ritz-Carlton Destination Club and Grand Residences by Marriott. The company maintains exclusive, long-term relationships with Marriott International and Hyatt Hotels Corporation for the develop...

Just like last year Eli Lilly and Company (LLY) will raise its dividend by 14.7 percent to $0.85 per share in the first quarter of 2021. Last year the company announced a 14.7 percent dividend hike, matching the 2018 increase. The pharmaceutical company has now raised its dividend for 7 consecutive years. The next dividend is payable March 10, 2021, to shareholders of record as of the close of business on February 12, 2021. The new annual indicated rate to $3.40 per share, yields 2.0% at a stock price of $171.40. The stock price of Eli Lilly and Company has gained 30.4 percent in 2020, outperforming most large cap farmaceutical peers and resulting in a market cap of $164 billion with the stock trading near its all time high. Eli Lilly now pays an estimated $3.2 billion in dividends annually to shareholders with dividend growth picking up in the last three years with a double digit increase announced in 2018, 2019 and 2020. Eli Lilly and Company is a manufacturer of human pharmaceut...

Balchem Corporation (BCPC) will raise its annual dividend by 10.6 percent to $0.52 per share in 2019. This marks the 10th consecutive year of annual dividend increases by the food processing and specialty products company. The next dividend is payable on January 17, 2020 to holders of record on December 30, 2019. The new annual rat of 52 cents yields 0.5% at a stock price of $101. Ted Harris, Balchem’s President and CEO, stated, “Balchem has a long standing commitment to an annual dividend and we are pleased to announce the continuation of that commitment.  This dividend represents the tenth consecutive increase in our annual dividend, reflecting both the consistently outstanding financial performance the company has delivered and the Board’s continued confidence in our long-term strategies.” Balchem Corporation reports four business segments: Human Nutrition & Health; Animal Nutrition & Health; Specialty Products; and Industrial Products. The Human Nutrition & He...

Dividend Aristocrat Pentair PLC (PNR) will raise its quarterly dividend by 5.6 percent to $0.19 per share in the first quarter of 2020. This marks the 44th consecutive year that Pentair has increased its dividend, if adjusted for the separation of nVent Electric (NVT). The next dividend will be paid on February 7, 2020 to shareholders of record at the close of business on January 24, 2020. A new annualized dividend rate of 76 cents per share yields 1.7% at a stock price of $45.38. Pentair plc is engaged in Water Quality Systems business and Flow and Filtration Solutions business. The company designs, manufactures, markets and services water system products and solutions to meet filtration and fluid management challenges in food and beverage, water, swimming pools and aquaculture applications. Its Flow and Filtration Solutions business is involved in the water treatment and wastewater system business.

Albany International Corp (AIN) will raise its quarterly dividend by 5.6 percent to $0.19 per share in the fourth quarter of 2019. This follows last year's 5.9 percent dividend hike. The next dividend is payable January 8, 2020, to shareholders of record on December 23, 2019. A new annualized dividend rate of 76 cents per share yields 0.9% at a stock price of $82. Albany International Corp. is a global advanced textiles and materials processing company, with two core businesses. Machine Clothing is the world's leading producer of custom-designed fabrics and belts essential to production in the paper, nonwovens, and other process industries. Albany Engineered Composites is a rapidly growing supplier of highly engineered composite parts for the aerospace industry.

Amgen (AMGN) will raise its quarterly dividend by 10.3 percent to $1.60 per share in the first quarter of 2020. Last year the biotechnology company hiked its dividend by 9.8 percent. The next dividend will be paid on March 6, 2020, to all stockholders of record as of the close of business on February 14, 2020. A new annualized dividend rate of $6.40 per share yields 2.7% at a stock price of $236. Since the Company initiated a dividend in 2011, it has increased the dividend each year with the quarterly payout in 2019 up more than five-fold since its inception. Amgen Inc. is a biotechnology company offering products for the treatment of illness in the areas of oncology/hematology, cardiovascular, inflammation, bone health, nephrology, and neuroscience.  Amgen operates in one business segment: human therapeutics. The company discovers, develops, manufactures and delivers various human therapeutics. Amgen was incorporated in California in 1986 and went public the next year in 198...

Global biopharmaceutical company Pfizer (PFE) will raise its quarterly dividend by 5.6 percent to $0.38 per share in the first quarter of 2020. This marks the 10th consecutive year of dividend increases by PFE. The next dividend is payable March 6, 2020 to holders of the Common Stock of record at the close of business on January 31, 2020. A new annual dividend rate of $1.52 per share yields 3.9% at a stock price of $39. “The dividend increase is a testament to our commitment to returning capital to shareholders and reflects our continued confidence in the business and in our pipeline,” stated Dr. Albert Bourla, Pfizer chief executive officer. “It also reinforces that our focus on creating meaningful value for patients benefits all our stakeholders.” Pfizer Inc. is a biopharmaceutical company with a global portfolio that includes medicines, vaccines and consumer healthcare products. The company runs its commercial operations through two business segments: Pfizer Innovative Health ...

Dividend Aristocrat AT&T (T) will raise its dividend by 2 percent to 52 cents per share quarterly.

Dividend Aristocrat Abbott Laboratories (ABT)  will raise its quarterly dividend by 12.5%  to $0.36 per share in the first quarter of 2020.

Mid-America Appartment Communities (MAA) will raise its quarterly dividend by 4.2 percent to $1.00 per share in 2020. This follows a 4.1 percent dividend hike by the REIT last year. The next dividend will be paid on January 31, 2020 to shareholders of record on January 15, 2020. The new annualized dividend payout to $4.00 per share yields 3.0% at a stock price of $133. Mid-America Appartment Communities (MAA) is a multifamily focused self-administered real estate investment trust (REIT). The company owns or has ownership interest in apartment communities throughout the Southeast and Southwest regions of the United States. One of the company's growth strategies is to acquire apartment communities that are located in various markets throughout the Southeast, Southwest and Mid-Atlantic regions of the United States. MAA made its first dividend payment to common shareholders in 1994, shortly following its initial public offering.

WD-40 (WDFC) will raise its quarterly dividend by 9.8 percent to $0.67 per share in 2020. This increase represents the 10th consecutive year the company has raised its annual dividend. The next quarterly dividend is payable January 31, 2020 to stockholders of record at the close of business on January 17, 2020. A new annualized dividend rate of $2.68 per share yields 1.4% at a stock price of $194. WD-40 Company develops and sells maintenance products, and homecare and cleaning products which solve problems in workshops, factories and homes. The company sells its products worldwide primarily through warehouse club stores, automotive parts outlets, hardware stores, industrial distributors and suppliers, mass retail and  home center stores, grocery stores, value retailers, farm supply, sport retailers, independent bike dealers and online retailers. Maintenance products are sold worldwide in markets throughout North, Central and South America, Asia, Australia, Europe, the M...

Dividend Aristocrat Pentair will increase its dividend by almost 6 percent to 19 cents per share quarterly.

The Toro Company (TTC) will raise its quarterly dividend by 11.1 percent to $0.25 per share in 2019. This will mark the company's 11th consecutive year of annual dividend increases and follows last year's 12.5 percent dividend hike. The next dividend is payable on January 9, 2020, to shareholders of record on December 26, 2019. A new annualized dividend rate of $1.00 per share yields 1.3% at a stock price of $78.80 for Toro. The Toro Company is a provider of solutions for the outdoor environment including turf and landscape maintenance, snow and ice management, underground utility construction, rental and specialty construction, and irrigation and outdoor lighting solutions. Toro's products help customers care for golf courses, sports fields, construction sites, public green spaces, commercial and residential properties and agricultural operations. The company’s brands include Toro, Ditch Witch, Exmark, BOSS Snowplow, American Augers, Subsite Electronics, HammerHead, T...

Universal Health Realty Income Trust (UHT) will raise its quarterly dividend by another 0.7 percent to $0.685 per share. This is the second dividend hike announced in 2019. The REIT has raised its dividend for 32 consecutive years. The next dividend will be paid on December 31, 2019 to shareholders of record as of December 18, 2019. A new annual rate of $2.74 per share yields 2.2% at a stock price of $122. Universal Health Realty Income Trust, a real estate investment trust, invests in healthcare and human service related facilities including acute care hospitals, behavioral healthcare facilities, rehabilitation hospitals, sub-acute care facilities, surgery centers, childcare centers and medical office buildings.

Dividend Aristocrat Ecolab (ECL) will raise its quarterly dividend to $0.47 per share in 2019. This is the smallest dividend increase by the company in more than a decade.

Stryker Corp (SYK) will raise its quarterly dividend by 10.6 percent to $0.575 per share in 2019. Last year the medical technology company also hiked its dividend by 10.6 percent. The next dividend is payable on January 31, 2020 to shareholders of record at the close of business on December 31, 2019. A new annualized dividend rate of  $2.30 per share yields 1.1% at a stock price of $204. “We continue to deliver strong financial results, and consistent with our stated capital allocation philosophy, are raising our dividend 11%," said Kevin Lobo, Chairman and Chief Executive Officer. Stryker Corporation is a medical technology company. The company offers products and services in Orthopaedics, Medical and Surgical, and Neurotechnology and Spine. Stryker's products include  implants used in hip and knee joint replacements and trauma and extremities surgeries,  surgical equipment and navigation systems, endoscopic and communications systems, patient handling, emergen...

Eastman Chemical (EMN) will raise its quarterly dividend by 6.5 percent to $0.66 per share in 2019. This marks the 10th consecutive year of dividend increases by the materials and specialty additives company. The next dividend is payable January 3, 2020, to stockholders of record as of December 16, 2019. A new annualized dividend rate of $2.64 per share yields 3.4% at a stock price of $77.50. “Consistent with Eastman’s focus on balanced and disciplined capital allocation and stockholder returns, I am pleased that the company has each year for the past decade increased the dividend,” said Curt Espeland, executive vice president and chief financial officer. “This action reflects the Board’s confidence in our ability to deliver earnings growth and strong cash flow generation.” Eastman Chemical Company (Eastman) is a global advanced materials and specialty additives company. The company's operating segments are: Additives & Functional Products ("AFP"), Advanced Mate...

WEC Energy Group (WEC) will raise its quarterly dividend by 7.2 percent to $0.6325 per share in the first quarter of 2020. This will mark the 17th consecutive year of annual dividend increases by the utility company. The directors expect to declare the new dividend at their regularly scheduled meeting in January. The dividend – which would be equivalent to an annual rate of $2.53 per share – would be payable March 1, 2020, to stockholders of record on Feb. 14, 2020. "The board's review today is consistent with our ongoing plan to target a dividend payout ratio of 65 to 70 percent of earnings," said Gale Klappa, executive chairman. The projected dividend growth for 2020 is in line with the company's longer-term objective to grow earnings per share at a 5 to 7 percent average annual rate.  A new annualized dividend rate of $2.36 yields 3.2% at a stock price of $73.77. WEC Energy Group, Inc. is a holding company, which has electric and natural gas utility operati...

Bristol-Myers Squibb (BMY) will raise its dividend by 9.8 percent to $0.45 quarterly in the first quarter of 2020. This is the biggest dividend increase by BMY since 2008. The pharmaceutical company just completed the acquisition of biotech company Celgene and has now raised its dividend for 12 consecutive years. The next quarterly dividend will be payable on February 3, 2020, to stockholders of record at the close of business on January 3, 2020. A new indicated annual dividend rate of $1.80 per share yields 3% at a stock price of $59.95. Bristol-Myers Squibb Company is is a global specialty biopharmaceutical company.  Bristol-Myers is developing new medicines in the following core therapeutic areas: oncology with a priority in certain tumor types; immunoscience with priorities in psoriasis, lupus, RA and inflammatory bowel disease;  cardiovascular with a priority in heart disease and; fibrotic disease with priorities in lung and liver. The company's top drugs include Opdi...

SL Green Realty (SLG) will raise its quarterly dividend by 4.1 percent to $0.885 per share in the first quarter of 2020. This will mark the 9th consecutive year of dividend increases by New York City’s largest office landlord. The fourth quarter dividend is payable on January 15, 2020 to shareholders of record at the close of business on January 2, 2020. A new annual rate of $3.54 per share yields 4.1% a a stock price of $86.90. “We are rewarding shareholders with another dividend increase as our Company continues to deliver,” said Matt DiLiberto, Chief Financial Officer at SL Green. "Our dividend yield of roughly 4.2 percent is generated by a portfolio of high-quality assets located in New York City’s best submarkets and we will continue executing on our strategy in 2020, enhancing the quality of our portfolio while maintaining the liquidity needed to advance our development and redevelopment projects as well as our share buyback program." SL Green Realty Corp., New Yo...

Dividend Aristocrat McCormick (MKC) will raise its quarterly dividend to $0.62 per share, marking the 34th year of dividend increases.