Dividend Track Records

Dividend Aristocrat Cintas Corporation (CTAS) will start paying a quarterly dividend this December. The company announced that it will raise its annual dividend by 10.2 percent to $2.81 per share, marking the 37th consecutive year of dividend increases. This December Cintas also pay a first quarterly dividend of 70 cents.

Prosperity Bancshares (PB) will raise its quarterly dividend by 6.5 percent to 49 cents per share in 2020. This follows a 12.2 percent dividend hike by the financial holding company last year and also marks the 21st consecutive year of annual dividend increases.

Amkor Technology, Inc. (NASDAQ: AMKR), a leading provider of semiconductor packaging and test services, today announced financial results for the third quarter ended September 30, 2020 and the initiation of a regular quarterly cash dividend of $0.04 per share. “Stronger than expected demand in the communications and automotive and industrial end markets drove revenue above the high end of our guidance,” said Giel Rutten, Amkor’s president and chief executive officer. “The Board’s decision to initiate a dividend is a significant milestone for Amkor. Over the past several years, Amkor has capitalized on growth opportunities in advanced packaging technologies that target 5G, advanced automotive systems, IoT and high-performance computing, and the introduction of a regular cash dividend reflects our consistent operating performance, strong free cash flow generation and confidence in our long-term financial outlook.” The initial quarterly cash dividend of $0.04 per share is payable on Janua...

Pump maker Gorman-Rupp (GRC) will raise its quarterly dividend by 6.9 percent to 15.5 cents per share in 2020. This follows a 7.4 percent increase to $0.145 per share last year and will mark 48 straight years of dividend hikes.

Standex International (SXI) will increase the quarterly dividend by 9.1 percent to 24 cents per share in 2020. This follows a 10.0% dividend hike to $0.22 per share in 2019 and will mark the 11th consecutive year of annual dividend increases by the industrial company.

Seagate Technology (STX) has announced a 3.1 percent increase for its quarterly dividend. This follows last year's 3.2 percent increase to $0.65 per share and also is the second consecutive annual dividend increase by the provider of electronic data storage technology and solutions. Seagate stock now yields more than 5%. In 2020 the stock price has lost almost 13 percent as of October 22, 2020.

Brunswick Corporation (BC) will raise its quarterly dividend by 12.5 percent to $0.27 per share in 2020. This marks the eighth consecutive year of dividend increases.

American Electric Power Company (AEP) will raise its quarterly dividend by 5.7 percent to 74 cents per share in 2020. This follows a 4.5 percent increase to $0.70 per share in 2019 and will mark the 11th consecutive year of annual dividend increases by the utility holding company.

Whirlpool Corporation (WHR) will raise its quarterly dividend by 4.2 percent to $1.25 per share in 2020. This follows a 4.3 percent dividend hike in the previous year to $1.20 per share by the manufacturer and marketer of home appliances.

Clarus Corporation (CLAR) will reinstate its quarterly dividend of 2.5 cents per share. The previous quarterly dividend was suspended because of COVID-19. The cash dividend will be paid on November 20, 2020, to all stockholders of record as of November 9, 2020. The reinstated annual dividend rate of 10 cents per share yields 0.7% at at stock price of $14.90. In today's press release the company announces the dividend reinstatement: “As Clarus continues to recover from the height of the COVID-19 pandemic, we are returning to the cash payment of our regular quarterly dividend initiated over two years ago,” said Warren Kanders, Executive Chairman of Clarus. “When we temporarily replaced the cash dividend with a stock dividend earlier this year, we felt it was prudent during the unprecedented times that were upon us. Since then, we have made progress stabilizing the business across our diversified portfolio of brands and we look forward to continue rewarding our long-term shareholders....

Dividend Aristocrat VF Corporation (VFC) will raise its dividend by 2.1 percent in 2020, continuing a strong dividend history of annual increases. Last year the Vans and Timberland maker announced a12 percent dividend hike.

IDACORP, Inc. (IDA) will raise its quarterly dividend by 6 percent to 71 cents per share quarterly in 2020. This follows a 6.3 percent dividend increase to $0.67 per share in 2019 and will mark the company's 8th consecutive year of dividend increases.

Albertsons Companies, Inc. (ACI) will start paying a quarterly dividend of $0.10 per share in 2020. This is the first dividend announced by the company following its IPO on June 26, 2020. The next cash dividend is payable on November 10, 2020 to stockholders of record as of the close of business on October 26, 2020. The estimated dividend yield is 2.8% based on the annual dividend rate of 40 cents per share to be paid by the company. Albertsons states that the cash dividend is consistent with the Company’s dividend policy established in connection with its initial public offering. This quarterly dividend payment of $0.10 per share will result in a $192 million in dividends paid to shareholders annually. Since the company's IPO on June 26, 2020 the stock price has dropped to a low of $12.91 on September 18. The 52 week high stock price was $16.50 on June 26, the day the stock became publicly traded. Albertsons Companies is a food and drug retailer in the United States. As of June ...

Cummins (CMI) will raise its quarterly dividend by 3 percent to $1.35 per share quarterly in 2020. This follows a 15.0 percent increase to $1.311 per share announced by the company in 2019. Last year the diesel engine maker announced a 15 percent dividend hike. The next dividend is payable on December 3, 2020, to shareholders of record on November 20, 2020. A new annualized rate of $5.40 per share yields 2.4% at a stock price of $221. Year-to-date Cummins stock has gained 24.3 percent, resulting in a current market cap of almost $33 billion for the company. Cummins will pay an estimated annual dividend of almost $800 million. Cummins has now raised its dividend 15 consecutive years. Cummins Inc., is a manufacturer of power solutions. The company designs, manufactures, distributes and services diesel and natural gas engines and powertrain-related component products, including filtration, aftertreatment, turbochargers, fuel systems, controls systems, air handling systems, transmissions,...

Industrial company A.O. Smith (AOS) will increase its quarterly dividend by 8.3% to $0.26 per share this year. Last year the the boiler manufacturer hiked its dividend to $0.24 per share, marking 26 consecutive years of dividend increases.

Dividend Aristocrat McDonald's (MCD) will raise its dividend by 3.2 percent to $1.29 per share quarterly in 2020, marking the 44th consecutive annual dividend increase.

American Financial Group, Inc. (AFG) will raise its quarterly dividend by 11.1 percent to 50 cents per share in 2020. This increase was previously announced by AFG. Last year the insurance holding company paid a special cash dividend of $1.80 per share in the fourth quarter of 2019, following a $1.50 per share special dividend paid earlier in 2019. The regular dividend was also hiked by 12.5 percent to 45 cents per share quarterly in 2019. The next dividend is payable on October 26, 2020 to holders of record on October 15, 2020. A regular annualized dividend rate of $2.00 per share yields 2.9% at a stock price of $69.73. If we include this 2020 dividend hike that was just announced by American Financial Group, the company has a dividend history of 15 consecutive years of dividend increases, with a double digit dividend increase announced by AFG in each of the last nine years. The company currently pays an estimated annual dividend of $180 million to its shareholders. This amount does n...