Dividend Track Records

LyondellBasell Industries (LYB) will raise its quarterly dividend by 7.6 percent to $1.13 per share in 2021. This follows a dividend hike of 5.0 percent to $1.05 per share in 2019 and marks the 11th straight year of dividend increases by the company based on calendar years and with the first dividend hike in 2011 included. The dividend will be paid June 14, 2021 to shareholders of record June 7, 2021, with an ex-dividend date of June 4, 2021. A new annual rate of $4.52 per share yields 4.0% at a stock price of $112.62. "Over the past three years, LyondellBasell's strategic investments have increased our earnings power at all points in the cycle. The stronger dividend reflects confidence in our ability to consistently provide leading returns for LyondellBasell shareholders," said Bob Patel, CEO of LyondellBasell. "With this dividend increase, we are on track to post our eleventh consecutive year of annual dividend growth in 2021." LyondellBasell Industries is a p...

American Tower Corporation (AMT) will raise its quarterly distribution by another 2.4 percent to $1.27 per share in Q2 of 2021. This comes after a 2.5 percent hike to $1.24 per share announced by the REIT in Q1 of 2021. The communications REIT has now raised the dividend 5 percent in 2021. AMT is known for its quarterly dividend hikes, with four increases every year. The next distribution is payable on July 9, 2021 to the stockholders of record at the close of business on June 18, 2021. A new annualized rate of $5.08 per share yields 2.0% at a stock price of $254.11. The next ex-dividend date for AMT is June 17, 2021. American Tower Corporation has now raised the dividend for nine consecutive years. The average 5 year dividend growth rate is 17 percent annually. The company now pays an estimated $2.26 billion in dividends to shareholders annually. American Tower Corporation is one of the largest global Real Estate Investment Trusts (REITs) and a independent owner, operator and develope...

Flowers Foods (FLO) will raise its quarterly dividend by 5 percent to $0.21 per share in 2021. This follows a dividend hike of 5.3 percent to $0.20 per share in 2020. Last year marked 18 consecutive years of dividend increases by the packaged bakery products producer. The next dividend is payable on June 24, 2021 to shareholders of record on June 10, 2021. A new annual rate of 84 cents per share yields 3.5% at a stock price of $24. "The board is confident that the company's leading brands will drive growth in-line with our long-term financial targets," said Ryals McMullian, Flowers Foods president and CEO. "That expected growth and our strong cash flow enables the company to invest strategically and enhance our business while also continuing our long history of rewarding shareholders with a growing dividend." Flowers Foods, Inc. is a producer and marketer of packaged bakery products. The Company operates in two segments: direct-store-delivery segment and warehou...

National Storage Affiliates Trust (NSA) will raise its quarterly dividend by 8.6 percent to 38 cents per share in June 2021. This follows a double dividend hike for a total increase of 6.1 percent announced by the self storage REIT last year. The next dividend is payable on June 30, 2021 to shareholders of record on June 15, 2021. A new annual rate of $1.52 per share yields 3.3% at a stock price of $46. National Storage Affiliates Trust will now pay an estimated annual dividend of $116 million to its shareholders. National Storage Affiliates Trust is a real estate investment trust focused on the ownership, operation and acquisition of self-storage properties located within metropolitan areas throughout the United States. The company owns and operates 735 self storage properties located in 35 states and Puerto Rico with approximately 47 million rentable square feet. National Storage went public in 2015 and has increased its dividend every year since. The company was co-founded by CEO Ar...

Hamilton Lane Inc. (HLNE) will raise its quarterly dividend by 12 percent to 35 cents per share in 2021. This follows a double digit dividend hike announced by the investment solutions provider in each of the last three years. The company initiated a dividend in 2017 and this marks the 4th consecutive year of increases. The next dividend will be paid on July 7, 2021 to shareholders of record on June 15, 2021. A new annualized dividend rate of $1.40 per share yields 1.5% at a stock price of $93. Hamilton Lane is an alternative investment management firm providing innovative private markets solutions to sophisticated investors around the world. The company's professionals operate in offices throughout North America, Europe, Asia-Pacific, Latin America and the Middle East. Hamilton Lane works with its clients to conceive, structure, build out, manage and monitor portfolios of private markets funds and direct investments, and it helps them access a set of such investment opportunities ...

Lowe's Companies (LOW) will raise its quarterly dividend by a whopping 33.3 percent to 80 cents per share in 2021. This comes after a late 9.1 percent dividend hike to 60 cents per share announced in the third quarter of 2020. In 2019 Dividend Aristocrat Lowe's hiked the dividend by 14.6 percent. This new dividend hike just announced makes 2021 the 60th consecutive year of dividend increases by the home improvement retailer. The next dividend is payable August 4, 2021, to shareholders of record as of July 21, 2021. A new annualized dividend rate of $3.20 per share yields 1.6% at a stock price of $193.77. Lowe's has declared a cash dividend every quarter since going public in 1961 and will now pay approximately $2.3 billion in dividends to shareholders on a annual basis.  For Lowe's the 9.1 percent dividend hike last year was the smallest in many years, just like other US companies and especially many Dividend Aristocrats that slowed dividend growth because of COVID-19. ...

Medical Properties Trust (MPW) will raise its quarterly distribution by 3.7 percent to 28 cents per share in 2021. This follows a dividend hike of 3.8 percent to $0.27 per share in 2020. Last year the healthcare REIT hiked its quarterly dividend for the 8th straight year and 2021 will mark the 9th year of consecutive annual dividend increases. The next dividend will be paid on July 8, 2021, to stockholders of record on June 17, 2021. A new annual rate of $1.12 per share yields 5.3% at a stock price of $21.06. Medical Properties Trust, Inc. is a self-advised real estate investment trust that provides capital to hospitals located throughout the U.S. and other countries. The focus of MPW is exclusively on hospitals, which is where the highest intensity of care is provided to patients. MPT is currently the second-largest non-governmental owner of hospital beds in the U.S. The company's financing model allows owners of hospitals to unlock the value of their underlying real estate, prima...

Dividend Aristocrat Medtronic (MDT) will raise its quarterly dividend by 8.6 percent to 63 cents per share in 2021. This comes after a dividend hike of 7.4 percent to $0.58 per share in 2020. Today's announcement marks the 44th consecutive year of dividend increases by the medical technology company. Medtronic today announced that on May 26, 2021, the Medtronic board of directors approved an increase in Medtronic's cash dividend for the first quarter of fiscal year 2022, raising the quarterly amount to $0.63 per ordinary share. This would translate into an annual amount of $2.52 per ordinary share, a 9 percent increase from the prior $2.32. Medtronic has a long history of dividend growth, and the company is a constituent of the S&P 500 Dividend Aristocrats index. Today's announcement marks the 44th consecutive year of an increase in the dividend payment. Including today's increase, Medtronic's dividend per share has grown 47 percent over the past 5 years and has...

Leaf tobacco supplier Universal Corporation (UVV) will raise its quarterly dividend by another 1.3 percent to $0.78 per share in 2021, matching the 2020 and 2019 dividend hikes. The company has now raised its dividend 51 consecutive years. The next dividend is payable August 2, 2021, to common shareholders of record at the close of business on July 12, 2021. A new annual rate of $3.12 per share yields 5.2% at a stock price of $59.61. George C. Freeman, III, Chairman, President, and Chief Executive Officer of Universal Corporation noted: "Universal has raised its common dividend every year since 1971. Today's 51st consecutive annual dividend increase dividend increase is in line with our capital allocation strategy and our commitment to deliver shareholder value." Universal Corporation sources, processes, and supplies agri-products and basically is a leaf tobacco supplier. The company is engaged in procuring, financing, processing, packing, storing and shipping leaf tobacc...

Donaldson Company (DCI) will raise its quarterly dividend by 4.8 percent to 22 cents per share in 2021. The US manufacturer of filtration systems did not announce a dividend hike in 2020 but did hike by 10.5 percent to $0.21 per share quarterly in 2019. This marks the 35th consecutive year of dividend increases based on calendar years by DCI based on calculations by dividendhike.com. The company has paid a cash dividend every quarter for 65 years. The next dividend is payable June 25, 2021, to shareholders of record on June 10, 2021. A new annual rate of 88 cents per share yields 1.4% at a stock price of $60.92 for DCI. Donaldson Company, Inc. is a manufacturer of filtration systems and replacement parts. The company has two operating segments: Engine Products and Industrial Products. Donaldson's products include replacement filters, air filtration systems, liquid filtration systems, dust, fume and mist collectors, compressed air purification systems, gas and liquid filtration for ...

Insperity (NSP) will raise its quarterly dividend by 12.5 percent to 45 cents per share in 2021. This follows a dividend hike of 33.3 percent to $0.40 per share in the first quarter of 2020 and also marks 11 consecutive years of increases by the human resources solutions company. The next cash dividend will be paid on June 24, 2021 to all stockholders of record as of June 10, 2021. A new annual rate of $1.80 per share yields 2.0% at a stock price of $90.71 for NSP.  Insperity, Inc. provides a range of human resources and business solutions. Insperity delivers administrative relief, better benefits, reduced liabilities and a systematic way to improve productivity through its premier Workforce Optimization solution. Additional company offerings include Human Capital Management, Payroll Services, Time and Attendance, Performance Management, Organizational Planning, Recruiting Services, Employment Screening, Financial Services, Expense Management, Retirement Services and Insurance Serv...

Cracker Barrel Old Country Store, Inc. (CBRL) will reinstate its quarterly dividend in 2021 with a payment of $1.00 per share quarterly. In 2020 the restaurant and gift shop company suspended its quarterly dividend of $1.30 per share because of the COVID-19 pandemic. In 2019 the casual dining company last raised its quarterly dividend by 4.0 percent to $1.30 per share. Also a $3.00 per share special dividend was paid to shareholders two years ago. The next dividend of $1.00 per share will be paid by CBRL to shareholders of record on July 16, 2021. The ex-dividend date is July 15, with a payment date of August 6, 2021. The new annual dividend rate of $4.00 per share will yield 2.5% at a stock price of $157.70 for Cracker Barrel. Cracker Barrel Old Country Store, Inc. operates company-owned Cracker Barrel Old Country Stores in The United States. The company provides a friendly home-away-from-home in its old country store and restaurant. Cracker Barrel also owns the fast-casual Holler and...

Keurig Dr Pepper Inc. (KDP), formerly Dr Pepper Snapple Group, Inc., will hike its quarterly dividend by 25 percent to $0.1875 per share in 2021. This increase was previously announced by the company but is now officially declared. KDP started paying a 15 cent per share quarterly dividend after the acquisition of Dr Pepper Snapple Group was completed. This is the first dividend hike announced by the company since the dividend was initiated in October 2018. The next dividend will be paid on July 15, 2021 to shareholders of record on July 1, 2021. The new annual dividend rate will be 75 cents per share and yields 2% at a stock price of $36.50. Previously Dr Pepper Snapple Group had been paying a quarterly dividend of 58 cents per share through 2018 before the company teamed up with Keurig. Keurig Dr Pepper Inc., formerly Dr Pepper Snapple Group, Inc., is an integrated brand owner, manufacturer and distributor of non-alcoholic beverages in the United States, Mexico and Canada. The Company...

Avnet (AVT) will raise its quarterly dividend by 4.8 percent to 22 cents per share in 2021. The company did not hike its dividend in 2020 with the last increase of 5.0 percent to $0.21 per share announced in 2019. The increase marks the 8th consecutive year of annual dividend increases. The next dividend will be paid on June 23, 2021 to shareholders of record as of the close of business on June 9, 2021. A new annual rate of 88 cents per share yields 2.0% at a stock price of $44.29. “Our commitment to streamlining our operations and strengthening our financial profile over the past year has positioned Avnet as a more nimble and efficient organization, resulted in improved competitive performance and enabled us to generate strong free cash flow,” said Avnet Chief Executive Officer Phil Gallagher. “This dividend increase is a reflection of our confidence in our growth strategy as well as our long-standing commitment of returning cash to shareholders while creating significant value for al...

Vontier Corporation (VTR) will start paying a quarterly dividend of $0.025 per share in 2021. This is the first dividend payment announced by the global industrial technology company. A 10 cent per share annualized dividend rate will yield 0.3% at a stock price of $35. The first dividend of 2.5 cents is payable on June 24, 2021 to stockholders of record on June 3, 2021. Vontier states that although it expects to pay dividends on a quarterly basis, any subsequent declaration of dividends, including the amount, the record dates and the payment dates for any such future dividend payments, is subject to the discretion of the Board of Directors. Vontier Corporation is a global industrial technology company focused on transportation and mobility solutions. The company’s portfolio of brands includes expertise in mobility technologies, retail and commercial fueling, fleet management, telematics, vehicle diagnostics and repair, and smart cities end-markets. Vontier’s innovative products, se...

Kearny Financial (KRNY) will raise its quarterly dividend by another 11.1 percent to $0.10 per share in Q2 of 2021. This follows a 12.5 percent increase to $0.09 per share announced in Q1 of 2021. Kearny Financial Corp. is the parent company of Kearny Bank. Kearny Bank operates from its administrative headquarters in Fairfield, New Jersey, and its retail branch offices located throughout northern and central New Jersey and Brooklyn and Staten Island, New York.

Investors Title Co (ITIC) will raise its quarterly dividend by 4.5 percent to 46 cents per share in 2021. This follows a dividend hike of 10.0 percent to 44 cents per share in 2020. This is the 2nd dividend hike by the insurer since 2017. The company did pay significant special dividends the last couple of years with a special dividend of $8.00 per share paid in 2019 and a $15.00 per share special dividend in 2020. The next dividend will be paid June 30, 2021 to shareholders of record on June 15, 2021. The regular annual dividend of $1.84 per share yields 1.0% at a stock price of $184. Investors Title Company is engaged in the business of issuing and underwriting title insurance policies. The company also provides services in connection with tax-deferred exchanges of like-kind property as well as investment management services to individuals, companies, banks and trusts.

C&F Financial (CFFI) will raise its quarterly dividend by 5.3 percent to 40 cents per share in 2021. The next dividend is payable July 1, 2021 to shareholders of record on June15, 2021. The company has now raised the dividend 11 consecutive years. C&F Financial Corporation is a bank holding company, operating through its subsidiary, Citizens and Farmers Bank (the Bank or C&F Bank), an independent commercial bank. The company engages in a range of lending activities, including residential mortgage lending and non-prime automobile lending. CFFI also has mortgage banking and consumer finance activities.

LCI Industries (LCII) will raise its quarterly dividend by 20 percent to 90 cents per share in 2021. This follows a dividend hike of 15.4 percent to 75 cents per share in 2020 and marks the 5th consecutive year of dividend increases for the recreational vehicles components maker. The next dividend is payable on June 18, 2021, to stockholders of record at the close of business on June 4, 2021. A new annualized rate of $3.60 per share yields 2.6% at a stock price of $141. LCI Industries, formerly Drew Industries, supplies components for original equipment manufacturers of recreational vehicles; buses; trailers used to haul boats, livestock, equipment and other cargo; trucks; pontoon boats; trains; manufactured homes; and modular housing through its wholly-owned subsidiary, Lippert Components Inc. The company also supplies components to the related aftermarkets of these industries primarily by selling to retail dealers, wholesale distributors and service centers. LCI’s products include st...

Chemung Financial Corp (CHMG) will raise its quarterly dividend by 19.2 percent to 31 cents per share. This is the first dividend hike since 2013. The next dividend is payable on July 1, 2021 to common stock shareholders of record as of the close of business on June 17, 2021. The new annual dividend rate of $1.24 per share yields 2.8% at a stock price of $44.48. Anders M. Tomson, President and CEO stated, “We are pleased that our Company’s strong financial results have allowed us to increase our cash dividend. This continues our long history of paying uninterrupted cash dividends, and we are proud to reward our shareholders with this dividend increase.” Chemung Financial Corporation is a financial services holding company headquartered in Elmira, New York and operates offices through its principal subsidiary, Chemung Canal Trust Company, a full-service community bank with full trust powers. Established in 1833, Chemung Canal Trust Company is the oldest locally-owned and managed communi...

Mosaic Co (MOS) will raise its quarterly dividend by 50 percent to 7.5 cents per share in 2021. This is the first dividend hike since 2019 by the fertilizer maker and marks 3 consecutive years of increases. The next dividend will be paid on June 17, 2021, to stockholders of record as of the close of business on June 3, 2021. A new annual rate of 30 cents per share yields 0.9% at a stock price of $35.46. The Mosaic Company is a producer and marketer of concentrated phosphate and potash crop nutrients. Mosaic is a single source provider of phosphate and potash fertilizers and feed ingredients for the global agriculture industry. Mosaic operates through three segments: Phosphates, Potash and Mosaic Fertilizantes.

Gaming and Leisure Properties (GLPI) will raise its quarterly dividend by another 3.1 percent to 67 cents per share in 2021. This comes after a dividend hike of 8.3 percent to 65 cents per share in the first quarter of 2021. This also comes after a cut of the quarterly dividend by 14.3 percent to 60 cents per share because of the COVID-19 pandemic last year. In 2020 GLPI first raised its quarterly dividend by 2.9 percent to $0.70 per share. The previous dividend of 60 cents had a cash component of 12 cents and 48 cents as a stock dividend to be paid in new shares by GLPI. The next dividend of $0.67 per share will be paid on June 25, 2021, to shareholders of record on June 11, 2021. A new annualized dividend rate of $2.68 per share yields 5.8% at a stock price of $46. The ex-date for the next GLPI dividend is June 10, 2021. Gaming and Leisure Properties, Inc. is a Pennsylvania real estate investment trust (REIT). The Company is engaged in the business of acquiring, financing and owning ...

Dividend Aristocrat Sysco Corporation (SYY) will raise its quarterly dividend by 4.4 percent to 47 cents per share in 2021. This comes after a dividend hike of 15.4 percent to $0.45 per share in 2020. SYY has now raised its dividend 51 consecutive years. The next dividend is payable on July 23, 2021, to common stockholders of record at the close of business on July 2, 2021. A new annual rate of $1.88 per share yields 2.3% at a stock price of $80.50. Sysco Corporation a distributor of food and related products primarily to the foodservice or food-away-from-home industry. The company sells food products to restaurants, healthcare and educational facilities, lodging establishments and other customers who prepare meals away from home. Its family of products also includes equipment and supplies for the foodservice and hospitality industries. Sysco has paid a cash dividend every quarter since its founding as a public company in 1970.

Chubb Limited (CB) will raise its quarterly dividend by 2.6 percent to 80 cents per share in 2021. This comes after a dividend hike of 4.0 percent to $0.78 per share in 2020. This marks the 28th consecutive year of annual dividend increases by the insurance company formerly known as ACE. The next dividend will be paid on July 9, 2021 to shareholders of record on June 18, 2021. A new annual rate of $3.20 per share yields 1.9% at a stock price of $166.70. Chubb Limited is a property and casualty insurance company. Chubb Limited is the Swiss-incorporated holding company of the Chubb Group of Companies. Chubb Limited, which is headquartered in Zurich, Switzerland, and its direct and indirect subsidiaries are a global insurance and reinsurance organization. The company, through its subsidiaries, provides a range of insurance and reinsurance products and services to clients around the world. Chubb provides commercial and personal property and casualty insurance, personal accident and supplem...

Equitable Holdings (EQH) will raise its quarterly dividend by 5.9 percent ot 18 cents per share in 2021. This follows a dividend hike of 13.3 percent last year by the company formerly known as AXA Equitable. The next dividend will be payable June 7, 2021 to shareholders of record at the close of business on May 31, 2021. A new annual rate of 72 cents per share yields 2.2% at a stock price of $33. Equitable Holdings, Inc., formerly AXA Equitable Holdings, Inc., is a holding company that provides financial services. EQH is comprised of two complementary and well-established principal franchises, Equitable and AllianceBernstein. Founded in 1859, Equitable provides advice, protection and retirement strategies to individuals, families and small businesses. AllianceBernstein is a global investment management firm that offers high-quality research and diversified investment services to institutional investors, individuals and private wealth clients in major world markets. 

The Cato Corporation (CATO) will reinstate the quarterly dividend at a lower rate of 11 cents per share in 2021. Last year CATO suspended its quarterly dividend because of the COVID-19 pandemic. The company last raised its quarterly dividend to $0.33 per share in 2016. The new dividend is a third of the previous quarterly dividend and will be paid on June 21, 2021 to shareholders of record on June 7, 2021. The ex-date for the next dividend of $0.11 for CATO is June 4, 2021. A new annual dividend rate of 44 cents will yield an estimated 2.9% at a stock price of $15.15. The Cato Corporation is a fashion specialty retailer. The company's stores are principally located in the southeastern United States, under the names “Cato,” “Cato Fashions,” “Cato Plus,” “It’s Fashion,” “It’s Fashion Metro” and “Versona.” The Cato concept seeks to offer quality fashion apparel and accessories at low prices, every day in junior/missy and plus sizes. The Cato concept’s stores and e-commerce websites fe...

L Brands Ltd (LB) will start paying quarterly dividends again. The apparel company suspended its quarterly dividend because of the COVID-19 pandemic in 2020. This followed a 50.0 percent dividend cut by the owner of Victoria's Secret to $0.30 per share in 2018. L Brands had been paying a dividend every year to shareholders since 1974 prior to the 2020 dividend suspension. The next dividend of $0.15 per share quarterly will be paid on June 18, 2021 to shareholders of record on June 4, 2021. The new annual dividend rate of 60 cents per share yields 0.9% at a stock price of $65. L Brands, through Victoria’s Secret, PINK and Bath & Body Works is an international operator of specialty retail stores in the United States, Canada, the United Kingdom and Greater China. The company's brands are also sold in more than 700 franchised locations worldwide. L Brands became a public company in 1982 and had been paying a dividend every year since 1974 prior to the suspension in 2020 because...

Ashland Global Holdings (ASH) will raise its quarterly dividend by 9.1 percent to 30 cents per share in 2021. This follows a dividend hike of 10.0 percent $0.275 per share in the second quarter of 2019. The dividend is payable June 15, 2021, to stockholders of record at the close of business on June 1, 2021. As of April 30, 2021. A new annual rate of $1.20 per share yields 1.4% at a stock price of $87.85. Ashland Global Holdings Inc. is a premier global specialty chemicals company serving customers in consumer and industrial markets, including adhesives, architectural coatings, automotive, construction, energy, food and beverage, personal care and pharmaceutical. The companys two reportable segments are: Specialty Ingredients and Intermediates and Solvents. Specialty Ingredients is a global leader in cellulose ethers, vinyl pyrrolidones and biofunctionals. Intermediates and Solvents is a leading producer of 1,4 butanediol (BDO) and related derivatives, including nmethylpyrrolidone. Ash...

Advanced Drainage Systems (WMS) will raise its quarterly dividend by 22.2 percent to 11 cents per share in 2021. This follows a dividend hike of 12.5 percent to $0.09 per share in 2019 when the company also paid a $1.00 per share special dividend. The next dividend of 11 cents be paid on June 15, 2021 to shareholders of record at the close of business on June 1, 2021. The new regular annual dividend of 44 cents yields 0.4% at a stock price of $107. Scott Barbour, President and Chief Executive Officer of Advanced Drainage Systems commented, “The 22% increase in our quarterly cash dividend and the $250 million increase in our share repurchase authorization is predicated on the strength of our balance sheet, formidable cash generation, and ongoing commitment to returning capital to shareholders. Our strong financial performance and operational excellence initiatives provide us with the confidence and financial flexibility to return excess cash to our shareholders while simultaneously cont...

Ralph Lauren Corporation (RL) will reinstate its quarterly dividend. Last year the apparel company suspended its quarterly dividend in May because of COVID-19. The company last raised its quarterly dividend by 10.0 percent to $0.6875 per share in 2019. The Board of Directors approved to reinstate its regular quarterly cash dividend on the Company's Common Stock, previously suspended due to the COVID-19 pandemic. The quarterly cash dividend is $0.6875 per share for a total annual dividend amount of $2.75 per share. The next quarterly dividend is payable on July 9, 2021 to shareholders of record at the close of business on June 25, 2021. Ralph Lauren Corporation designs, manufactures and distributes  premium lifestyle products, including apparel, accessories, home furnishings, and other licensed product categories. The company's brand names, which include Ralph Lauren, Ralph Lauren Collection, Ralph Lauren Purple Label, Polo Ralph Lauren, Double RL, Lauren Ralph Lauren, Polo Ralp...

Monro Inc. (MNRO) will raise its quarterly dividend by 9.1 percent to 24 cents per share in 2021. This comes after a dividend hike of 10.0 percent to $0.22 per share in the second quarter of 2019. The company formerly known as Monro Muffler Brake has now raised its dividend for 16 consecutive years. The next dividend will be payable on June 21, 2021 to shareholders of record as of June 7, 2021. A new annual rate of 96 cents per share yields 1.5% at a stock price of $62.12. Monro, Inc., formerly Monro Muffler Brake, Inc., operates a chain of stores providing automotive undercar repair and tire services in the United States, operating under the brand names of Monro Muffler Brake and Service, Mr. Tire, Tread Quarters Discount Tires, Autotire, Tire Warehouse, Tire Barn, Ken Towery’s Tire and Auto Care, The Tire Choice and Car-X. Monro’s stores provide a full range of services for brake systems, steering and suspension systems, tires, exhaust systems and many vehicle maintenance services an...

NACCO Industries (NC) will hike its quarterly dividend by 2.6 percent to $0.1975 per share in 2021. The next dividend will be paid June 15, 2021 to stockholders of record at the close of business on June 1, 2021.  The new dividend is equal to an annual rate of $0.79 per share. NACCO Industries, Inc. is an operating holding company for The North American Coal Corporation, which mines coal primarily for use in power generation and provides value-added services for natural resource companies. Coal is surface mined from NACoal's mines in North Dakota, Texas, Mississippi, Louisiana and the Navajo Nation in New Mexico. NACCO and its predecessor public company, The North American Coal Corporation, have consistently paid dividends to public shareholders since 1956.

Hamilton Beach Brands Holding Co (HBB) will raise its quarterly dividend by 5.3 percent to 10 cents per share in 2021. The next dividend will be paid June 15, 2021 to stockholders of record at the close of business on June 1, 2021.  Hamilton Beach Brands Holding Company is an operating holding company for two separate businesses. Hamilton Beach Brands, Inc. is a designer, marketer and distributor of branded small electric household and specialty housewares appliances, as well as commercial products for restaurants, bars and hotels. The Kitchen Collection, LLC is a national specialty retailer of kitchenware in outlet and traditional malls throughout the United States.

Century Communities (CCS) will start paying a 15 cent per share quarterly dividend in 2021. The annual dividend yield of $0.60 per share will yield 0.8% at a stock price of $79 for CCS. This post will be updated later.

Lennox International (LII) will raise its quarterly dividend by 19.5 percent to 92 cents per share in 2021. Last year LII did not announce a dividend hike. The company did however raise its dividend by 20.3 percent to $0.77 per share in 2019. This will mark 12 consecutive years of annualized dividend increases by the HVAC company. The next dividend is payable on July 15, 2021, to stockholders of record as of June 30, 2021. A new annualized dividend rate of $3.68 per share yields 1.1% based on a stock price of $337. Lennox has been killing it dividendwise with big hikes every year since 2011. Except for 2020 (the covid-19 year) Lennox has boosted its dividend by double digits every year in the last decade. Lennox International Inc. is a provider of climate control solutions. The company designs, manufactures and markets products for the heating, ventilation, air conditioning and refrigeration (“HVACR”) markets. The company's business segments are Residential Heating & Cooling, C...

Foot Locker (FL) will hike its quarterly dividend by 33.3 percent to 20 cents per share in 2021. Last year FL restarted paying quarterly dividends with a first payment of 15 cents per share after the retailer of shoes and apparel had suspended its quarterly dividend in the second quarter of 2020 because of the COVID-19 pandemic. This followed a 5.3 percent raise in the company's quarterly dividend to $0.40 per share earlier in 2020, marking 10 consecutive years of annual dividend increases by the footwear retailer. The increased dividend of 20 cents will be payable on April 30, 2021 to shareholders of record on April 16, 2021. An annual dividend rate of 80 cents per share yields 1.3% at a stock price of $62. Foot Locker will pay an estimated $83 million in dividends to shareholders annually now, up from $63 million previously. Foot Locker, Inc. is a retailer of shoes and apparel. Foot Locker, Inc. is a specialty athletic retailer that, as of February 3, 2018, operated 3,310 stores ...

Sealed Air Corporation (SEE) will raise its quarterly dividend by 25 percent to $0.20 per share in 2021. This is the first dividend hike announced by the packaging company since 2016. At the time the dividend was hiked by 23.1 percent. The next dividend is payable on June 18, 2021 to stockholders of record at the close of business on June 4, 2021. A new annual dividend rate of 80 cents per share will yield 1.5% at a stock price of $55 for SEE. “Our confidence in the SEE Operating Engine, which is driving strong growth and cash generation, allows us to raise our dividend. Looking forward, we will continue our balanced approach to capital allocation of returning capital to shareholders, while investing in growth priorities of automation, digital and sustainability,” said Ted Doheny, Sealed Air’s President and CEO. Sealed Air Corporation provides packaging solutions for the food, e-Commerce, electronics and industrial markets. The company's brands include CRYOVAC® brand food packaging...

Northrop Grumman (NOC) will raise its quarterly dividend by 8.3 percent to $1.57 per share in 2021. This follows a dividend hike of 9.8 percent to $1.45 per share in 2020. This dividend increase will mark 18 consecutive years of dividend increases by the defence and security company. The next dividend is payable June 16, 2021, to shareholders of record as of the close of business June 1, 2021. A new annualized rate of $6.28 per share yields 1.7% at a stock price of $368. “Northrop Grumman continues to execute a balanced capital deployment strategy with robust investments in our business and a competitive dividend for our shareholders,” said Kathy Warden, chairman, chief executive officer and president. “We are confident in our ability to continue creating shareholder value as we perform on our customers’ missions.” Northrop Grumman is a security company providing innovative systems, products and solutions in autonomous systems, cyber, C4ISR, space, strike, and logistics and modernizati...

Agree Realty (ADC) will raise its monthly dividend by another 4.8 percent to $0.217 in Q2 of 2021. This follows a dividend hike of 0.2 percent earlier this year when the REIT started paying monthly dividends.  Last year the shopping center REIT announced two dividend hikes for a total increase of 6.0 percent. Agree Realty has now raised its dividend 9 consecutive years.  The next monthly dividend is payable May 14, 2021 to shareholders of record at the close of business on April 30, 2021. A new annual dividend rate of $2.60 per share will yield an estimated 3.8% at a stock price of $69. According to calculations made by dividendhike.com Agree Realty will now pay an estimated $144 million in dividends to shareholders annually, up from $137 million annually previously. Agree Realty Corporation is a publicly traded real estate investment trust primarily engaged in the acquisition and development of properties net leased to industry-leading retail tenants. Its community shopping c...

Empire State Realty Trust (ESRT) will reinstate its quarterly dividend in 2021 with a first payment of $0.035 per share. Last year the REIT suspended its quarterly dividend of 10.5 cents per share. The real estate investment trust with office and retail properties in Manhattan and the greater New York metropolitan area will pay the next dividend to holders of the Company’s Class A common stock and Class B common stock and to holders of Empire State Realty OP, L.P.’s (“ESRO”) Series ES, Series 250 and Series 60 operating partnership units (NYSE Arca: ESBA, FISK and OGCP, respectively) and Series PR operating partnership units. A new annual dividend rate of 14 cents per share will yield 1.2% at a stock price of $11.49 for Empire State Realty Trust. “Board and management confidence in the recovery of New York City, the improvement seen to-date in the Company’s results, and ESRT’s liquidity position and strengthening balance sheet have resulted in a reinstatement of our dividend one quarte...

Superior Group of Companies (SGC) will raise its quarterly dividend by 20 percent to 12 cents per share in 2021. This is the first dividend hike since the company announced a 5.3 percent increase to $0.10 per share in 2018.  The next dividend is payable June 11, 2021, to shareholders of record as of May 28, 2021. The new annual dividend of 48 cents per share yields 1.8% at a stock price of $26.28. Michael Benstock, Chief Executive Officer, commented, “We are very pleased to raise our dividend by 20% as a result of the significant increases in our operating results over the last year and our continued confidence for the future.” Superior Group Of Companies, Inc., formerly Superior Uniform Group, Inc., manufactures and sells a range of uniforms, corporate identity apparel, career apparel and accessories for the medical and health fields, as well as for the industrial, commercial, leisure and public safety markets. The company's brands include HPI, Fashion Seal Healthcare, CID Resourc...

CCFNB Bancorp (CCFN) will raise its quarterly dividend by 2.5 percent to $0.41 per share in 2021. This marks the 24th consecutive year of dividend increases by the company.

The Gap Inc. (GPS) will reinstate its quarterly dividend with a new payment of 12 cents per share. Last year GPS suspended its quarterly dividend because of the COVID-19 pandemic. The clothing retailer last raised its quarterly dividend by 5.4 percent to $0.2425 per share in the first quarter of 2018. The next dividend is payable on or after July 28, 2021 to shareholders of record at the close of business on July 7, 2021. A new annual dividend rate of 48 cents per share will yield 1.3% at a stock price of $35.71. The next ex-dividend date for GPS is July 6, 2021. Gap Inc. is a leading global retailer offering clothing, accessories, and personal care products for men, women, and children under the Old Navy, Gap, Banana Republic, Athleta, Intermix, Janie and Jack, and Hill City brands. Fiscal year 2019 net sales were $16.4 billion. Gap Inc. products are available for purchase in more than 90 countries worldwide through company-operated stores, franchise stores, and e-commerce sites.

Pangaea Logistics Solutions Ltd. (PANL) will raise its quarterly dividend by 75 percent to 3.5 cents per share in 2021. This equals the dividend prior to the 2020 dividend suspension.  This post will be updated later.

Houlihan Lokey (HLI) will raise its quarterly dividend by 30.3 percent to 43 cents per share in 2021. This follows a dividend hike of 6.5 percent to 33 cents per share in 2020 and marks the 6th consecutive year of dividend increases by the investment bank. The next dividend will be payable on June 15, 2020 to stockholders of record as of the close of business on June 2, 2020. A new annual rate of $1.72 per share yields 2.3% at a stock price of $74 for HLI. The next ex-dividend date for Houlihan Lokey is June 1, 2021. Houlihan Lokey, Inc. is a global investment bank with expertise in mergers and acquisitions, capital markets, financial restructuring, and valuation. The firm serves corporations, institutions, and governments worldwide with offices in the United States, Europe, the Middle East, and the Asia-Pacific region. The company was stablished in 1972 and has been paying a dividend every year since 2015 when Houlihan Lokey became a public firm.

Alerus Financial Corporation (ALRS) will raise its quarterly dividend by 6.7 percent to 16 cents per share. This post will be updated later.

First Merchants Corp (FRME) will raise its quarterly dividend by 11.5 percent to 29 cents per share in Q2 of 2021. This post will be updated later.

Penske Automotive (PAG) will hike its dividend by another 2.3 percent to 44 cents quarterly in Q2 of 2021. This follows a dividend hike to $0.43 per share in Q1 of 2021. The operator of automotive and commercial truck dealerships suspended its quarterly dividend in 2020 because of the COVID-19 pandemic. The company previously raised its quarterly dividend by 2.4 percent to $0.42 per share in the first quarter of 2020. This marked the 9th consecutive year of dividend increases by the transportation services company. Penske had hiked its dividend in each of the last 35 quarters prior to the dividend cut in 2020. The next dividend of 44 cents quarterly will be paid on June 2, 2021 to shareholders of record on May 24, 2021. A new annual dividend rate of $1.76 per share will yield 1.9% at a stock price of $92. The ex-dividend date for the next PAG dividend is May 21, 2021. Penske Automotive Group, Inc., headquartered in Bloomfield Hills, Michigan, is an international transportation services...

Autoliv (ALV) will start paying dividends again. Last year the supplier of safety systems for cars suspended its quarterly dividend because of the COVID-19 pandemic. The company last raised its quarterly dividend by 3.3 percent to $0.62 per share in the first quarter of 2018. Autoliv will restart with an unchanged 62 cent per share dividend, payable June 14, 2021 to shareholders of record on May 28, 2021. The dividend yield is 2.4% at a stock price of $101. Autoliv, Inc. is a supplier of automotive safety systems. The company manufactures and markets protective systems, such as airbags, seatbelts, steering wheels and pedestrian protection systems for all major automotive manufacturers in the world. The company's shares are listed on the New York Stock Exchange (ticker ALV) and the Swedish Depository Receipts on Nasdaq Stockholm (ALIV sdb). Autoliv had paid a dividend to shareholders every year since 1997 before suspending the payment in 2020.

J&J Snack Foods (JJSF) will raise its quarterly dividend by 10.1 percent to 63.3 cents per share in 2021. This follows a dividend hike of 15.0 percent to $0.575 per share announced by JJSF in December 2019. This will mark the 17th consecutive year of annual dividend increases by the snack food company. The next dividend is payable on July 12, 2021 to shareholders of record as of the close of business on June 21, 2021. A new annualized dividend of $2.532 per share yields 1.5% at a stock price of $174 for JJSF. The ex-date for the next JJSF dividend is June 18, 2021. The annual dividend payment to shareholders will jump to $48 million if this new dividend hike is included. J & J Snack Foods Corp. provides branded niche snack foods and beverages to foodservice and retail supermarket outlets. Its portfolio of products includes soft pretzels, frozen beverages, frozen juice treats and desserts, stuffed sandwiches, burritos, churros, fruit pies, funnel cakes, cookies and bakery goods,...

Kite Realty Group Trust (KRG) will raise its quarterly dividend by another 5.9 percent to 18 cents per share in 2021. This distribution will be paid on or about July 16, 2021, to shareholders of record as of July 9, 2021. Year-to-date the dividend has been raised by a total of 20 percent. Last year the dividend was cut by KRG. The new dividend yield is 3.5% at a stock price of $20.56. Kite Realty Group Trust is a full-service, vertically integrated real estate investment trust (REIT) engaged primarily in the ownership and operation, acquisition, development and redevelopment of high-quality neighborhood and community shopping centers in select markets in the United States. Kite Realty has paid a dividend to shareholders every year since at least 2004.

Hyster-Yale Materials Handling (HY) will raise its quarterly dividend by 1.6 percent to 32.25 cents per share in 2021. This follows a dividend hike of 2.4 percent to $0.3175 per share in 2019. Last year the dividend was not raised by HY. The next dividend is payable on June 15, 2021 to stockholders of record at the close of business on June 1, 2021. A new annual rate of $1.29 per share yields 1.6% at a stock price of $79.40. Hyster-Yale Materials Handling, Inc. is a lift truck manufacturer. The Company designs, engineers, manufactures, sells and services a line of lift trucks, attachments and aftermarket parts marketed globally under the Hyster and Yale brand names, mainly to independent Hyster and Yale retail dealerships. The company offers a range of solutions, including attachments and hydrogen fuel cell power products (through its Nuvera division), telematics, automation and fleet management services, as well as an array of other power options for its lift trucks. Hyster-Yale h...

Werner Enterprises, Inc. (WERN) will raise its quarterly dividend by another 20 percent to 12 cents per share in Q2 of 2021. This follows a dividend hike of 11.1 percent to $0.10 per share in Q1 of 2021. This is the second dividend increase announced by WERN since 2018. The logistics company did however pay a $3.75 per share special dividend in 2019.  The next cash dividend of $0.12 per common share is payable to shareholders of record at the close of business on July 20, 2021.  The ex-dividend date is July 2, 2021. A 48 cent per share regular annual dividend yields 1,0% at a stock price of $48.47 to Werner Enterprises stockholders. Werner Enterprises, Inc. was founded in 1956 and is a premier transportation and logistics company, with coverage throughout North America, Asia, Europe, South America, Africa and Australia. The Werner Logistics portfolio includes freight management, truck brokerage, intermodal, and international services. Werner Enterprises has paid a quarterly ca...

HAVERTYS (HVT) will raise its quarterly dividend by 13.6 percent to $0.25 per share in Q2 of 2021. Last year the company cut its dividend in Q2, but also paid a special dividend of $2.00 per share in December. The next dividend is payable on June 16, 2021, to stockholders of record at the close of business on June 1, 2021. The new annual dividend rate of $1.00 per share yields 2.2% at a stock price of $44.92.  Clarence H. Smith, chairman and chief executive officer, said, "Our operating results since the last half of 2020 have been outstanding. We have a long history of providing returns to stockholders and the board’s decision to increase the dividend reflects our results and outlook.” Havertys (NYSE: HVT and HVT.A), established in 1885, is a full-service home furnishings retailer with 120 showrooms in 16 states in the Southern and Midwestern regions providing its customers with a wide selection of quality merchandise in middle to upper-middle price ranges. Havertys has paid a ca...

iStar Inc. (STAR) announced today that the Company's Board of Directors has declared quarterly dividends on the Company's Common Stock and Preferred Stock for the second quarter of 2021. The dividends are all payable on June 15, 2021 to holders of record on June 1, 2021. The Board of Directors has increased the quarterly common dividend per share to $0.125 from $0.11 continuing its multi-year strategy to steadily increase the dividend, while focusing on scaling its modern ground lease platform. iStar Inc. is focused on reinventing the ground lease sector, unlocking value for real estate owners throughout the country by providing modern, more efficient ground leases on institutional quality properties. As the founder, investment manager and largest shareholder of  Safehold Inc. (NYSE: SAFE), the creator of the modern ground lease industry, iStar is using its national investment platform and its historic strengths in finance and net lease to expand the use of modern ground leases...

Railroad operator Union Pacific Corp (UNP) will raise its quarterly dividend by 10.3 percent to $1.07 per share in 2021. This is the first dividend hike announced by UNP since 2019, when the dividend was hiked two times for a total increase of 21.3 percent. The next dividend is payable June 30, 2021, to shareholders of record May 28, 2021. A new annual rate of $4.28 per share yields 1.9% at a stock price of $227.86. The ex-dividend date for the next UNP dividend is May 27, 2021. "I am pleased to report our dividend increase," said Jennifer Hamann, Union Pacific executive vice president and chief financial officer. "This increase is consistent with the financial guidance outlined at our recent Investor Day to target a dividend payout ratio of 45%." Union Pacific Corporation is a railroad operating company. Union Pacific Railroad is the principal operating company of Union Pacific Corporation, connecting 23 states in the western two-thirds of the country by rail. The ...

Jack in the Box (JACK) will hike its quarterly dividend by 10 percent to 44 cents per share in 2021. Last year the restaurant operator reinstated a quarterly dividend of 40 cents per share after one quarter without a dividend payment. JACK suspended the dividend on May 13 and effectively paid three dividends last in 2020. The next dividend of 44 cents per share is payable on June 11, 2021, to shareholders of record at the close of business on May 26, 2021. A new annual rate of $1.76 per share yields 1.6% at a stock price of $113. The ex-dividend date for the next JACK dividend is May 25, 2021. Jack in the Box initiated a dividend in 2014 and has announced two dividend hikes since in 2015 (+50 pct) and 2016 (+33.3 pct). An annual dividend rate of $1.76 per share brings the total dividend payment to shareholders to $40 million. San Diego based Jack in the Box Inc. operates and franchises Jack in the Box quick-service (QSR) restaurants. The company is comprised of a single operation segme...

Masco Corporation (MAS) will raise its quarterly dividend by 67.9 percent to 23.5 cents per share in 2021. This follows a dividend hike of 3.7 percent to 14 cents per share announced in 2020. The manufacturer of branded home improvement and building products has now increased its dividend for 8 consecutive years. The next dividend is payable on June 14, 2021, to shareholders of record on May 28, 2021. A new annual rate of 94 cents per share yields 1.5% at a stock price of $64.13. The ex-dividend date for the next MAS dividend is May 27, 2021.  In the last 8 years Masco has raised its dividend by double digits 4 times, with a 20.0 percent dividend hike in 2014, a 14.3 percent dividend hike in 2018 and a dividend hike of 12.5 percent that was announced in 2019. The company will now pay an estimated annual dividend of $246 million, up from $147 million, to its shareholders annually. Masco Corporation is a manufacturer of branded home improvement and building products. The company...

The Wendy's Company (WEN) will raise its quarterly dividend by another 11.1 percent 10 cents quarterly in the second quarter of 2021. This comes after a 2 cent dividend hike to 9 cents in Q1. Last year the dividend was cut by 58.3 percent to 5 cents per share by Wendy's because of the COVID-19 pandemic. This dividend cut ended 10 consecutive years of dividend increases by the restaurant operator. The next dividend of $0.10 per share is payable on June 15, 2021, to shareholders of record as of June 1, 2021. A new annual rate of 40 cents per share yields approximately 1.8% at a stock price of $22.48 for Wendy's. The ex-dividend date for the next WEN dividend is May 28, 2021. The Wendy's Company is quick-service hamburger company. Wendy's is best known for its made-to-order square hamburgers, using fresh, never frozen beef, freshly-prepared salads with hand-chopped lettuce, and other signature items like chili, baked potatoes and the Frosty dessert. The Wendy's sys...

IDEX Corp (IEX) will raise its quarterly dividend by 8 percent to 54 cents per share in 2021. This follows a dividend hike of 16.3 percent to $0.50 per share announced in 2019. This marks the 12th consecutive year of dividend increases by the industrial company. Furthermore his dividend represents the company’s 106th consecutive regular quarterly cash dividend payment. The next dividend will be paid May 28, 2021 to shareholders of record as of May 24, 2021. A new annual rate of $2.16 per share yields 1.0% at a stock price of $218.65. The ex-dividend date for the next IDEX dividend was not yet announced. The company will pay shareholders an annual dividend of $164 million. IDEX Corporation is an engineered products company specialized in fluid and metering technologies, health and science technologies, dispensing equipment, and fire, safety and other diversified products. The company's business segments are: Fluid & Metering Technologies, Health & Science Technologies and Fi...

TransUnion (TRU) will hike its quarterly dividend by 26.7 percent to 9.5 cents per share in 2021. This is the first increase since TRU started paying a quarterly dividend of $0.075 per share in the second quarter of 2018. The next dividend will be payable on June 10, 2021 to shareholders of record at the close of business on May 26, 2021. Based on the company’s new full year dividend of $0.38 per share the dividend yield for TRU is 0.4% at the current stock price of $104. The annual dividend payment to shareholders will jump to $72 million. The ex-dividend date for the next TransUnion dividend is May 25, 2021. TransUnion states that the company maintains the Board of Directors’ targeted annual payout of 10% to 15% of Adjusted Diluted Earnings per Share based on the company’s most recent public guidance. TransUnion is a risk and information solutions provider to businesses and consumers. The company provides consumer reports, risk scores, analytical services and decision capabilities to...

MKS Instruments (MKSI) will raise its quarterly dividend by 10 percent to 22 cents per share in 2021. This follows a dividend hike of 11.1 percent to $0.20 per share in the second quarter of 2018. Last year the company did not announce a dividend hike, ending 8 years of dividend increases. The next MKSI dividend is payable on June 11, 2021 to shareholders of record as of May 31, 2021. The new dividend yield for MKS is 0.5% and the ex-dividend date is May 27, 2021. The company will now pay shareholders an estimated $49 million in dividends annually. MKS Instruments, Inc. is a provider of instruments, subsystems and process control solutions that measure, control, power, monitor, and analyze critical parameters of advanced manufacturing processes to improve process performance and productivity. The Company operates through two segments, including the Vacuum & Analysis segment and the Light & Motion segment. The Vacuum & Analysis segment provides a range of instruments, co...

Curtiss-Wright Corp (CW) will raise its quarterly dividend by 5.9 percent to 18 cents per share in 2021. The industrial company did not announce a dividend last year with a 13.3 percent increase to $0.17 per share announced as the last dividend hike in 2019. CW has now raised the dividend for 5 consecutive years. The next dividend is payable July 2, 2021, to stockholders of record June 18, 2021. A new annualized rate of 72 cents per share yields 0.6% at a stock price of $123. CW will now pay shareholders an estimated $30 million in dividends annually. “This dividend increase reflects our Board of Directors’ confidence in the Company's strong financial position and continued ability to deliver solid earnings growth and free cash flow, while also allowing us to provide a consistent return to our shareholders,” said Lynn M. Bamford, President and CEO of Curtiss-Wright Corporation. “Curtiss-Wright remains committed to a disciplined and balanced capital allocation strategy that consists...

Bunge Limited (BG) will raise its quarterly dividend by 5.0 percent to 52.5 cents per share in 2021. This is the first dividend hike announced by BG since 2018, when the dividend was raised by 8.7 percent to $0.50 per share. This marked the 16th consecutive year of dividend increases by BG. Because the dividend was not raised in 2019 and 2020 the dividend trackrecord ended with 17 years in 2020. The next dividend of $0.525 per share is payable on September 2, 2021 to shareholders of record on August 19, 2021. The new dividend yield for BG is 2.2% at a stock price of $90.57. The ex-dividend date for the next dividend by Bunge is August 18, 2021. Bunge Limited is an agribusiness and food company. Bunge buys, sells, stores and transports oilseeds and grains to serve customers worldwide; processes oilseeds to make protein meal for animal feed and edible oil products for commercial customers and consumers; produces sugar and ethanol from sugarcane; mills wheat, corn and rice to make ingredi...

Pool Corporation (POOL) will raise its quarterly dividend by a whopping 37.9 percent to 80 cents per share in 2021. This follows a dividend hike of 5.0 percent to $0.58 per share in 2020 and marks 11 straight years of dividend increases by the swimming pool specialist. The next dividend will be payable on May 28, 2021, to holders of record on May 17, 2021. A new annualized rate of $3.20 per share yields 0.7% at a stock price of $436. Pool Corporation is a distributor of swimming pool supplies, equipment and related leisure products. The Company's customers include swimming pool remodelers and builders; specialty retailers that sell swimming pool supplies; swimming pool repair and service businesses; irrigation construction and landscape maintenance contractors, and golf courses and other commercial customers. The company has been paying a dividend to shareholders every year since 2004.

 FutureFuel Corp. (FF) will pay a special cash dividend of $2.50 per share in 2021. This comes after a special dividend of $3.00 per share in 2020. The company pays a regular quarterly dividend of 6 cents per share. Earlier a $2.29 special dividend was announced in 2016. The manufacturer of custom and performance chemicals and biofuels will pay the dividend with a record date of May 21, 2021 and a payment date of June 4, 2021. The ex-dividend date for the $2.50 per share special dividend by FF is May 20, 2021. The regular annual dividend of $0.24 per share yields 2.1% at a stock price of $13.61. FutureFuel Corp. is a manufacturer of diversified chemical products, specialty chemical products, and biofuel products. In its chemicals business, FutureFuel manufactures specialty chemicals for specific customers as well as multi-customer specialty chemicals. FutureFuel’s custom chemicals product portfolio includes a bleach activator for a major detergent manufacturer, proprietary herbicid...

On May 7, 2021, INDUS’s Board of Directors declared a dividend on its common stock of $0.15 per share payable on June 30, 2021 to holders of record as of the close of business on June 16, 2021. The cash dividend is intended to be paid quarterly and represents an annualized dividend rate of $0.60 per share. Prior to 2021, INDUS typically paid an annual cash dividend, but in connection with the Company’s election to be taxed as a REIT, INDUS has updated its dividend policy to commence payment of a quarterly cash dividend. The Company will revisit the amount of its dividend from time to time in accordance with the growth in its earnings. This post will be updated later.

Oasis Midstream Partners LP (OMP) will raise its quarterly distribution by 1.9 percent to 55 cents per unit. The next distribution of $0.55 per unit will be paid on May 27, 2021. The annual distribution rate of $2.20 translates into an estimated yield of 9.2% based on a stock price of $23.54 for OMP. Oasis Midstream Partners LP is a master limited partnership company. The Company is formed to own, develop, operate and acquire a diversified portfolio of midstream assets in North America that are integral to the oil and natural gas operations exclusively within the Williston Basin. Oasis Midstream initiated a distribution in 2018 and has not cut its payments since.

HNI Corporation (HNI) will raise its quarterly dividend by 1.6 percent to 31 cents per share in 2021. This is the first increase since 2019 when the dividend was hiked by 3.4 percent to $0.305 per share. This marks the 11th consecutive year of dividend increases by HNI. The new dividend yields 2.8% based on the annual amount of $1.24 per share and a stock price of $43 for HNI. HNI Corporation is a provider and designer of office furniture and a manufacturer and marketer of hearth products. The company's hearth products include gas, electric, wood and biomass burning fireplaces, inserts, stoves, facings and accessories.

Evolution Petroleum Corporation (EPM) will raise its quarterly dividend by another 66.7 percent to $0.05 per share in 2021. This follows a 20 percent dividend hike earlier this year for a total increase of 100 percent year-to-date. The new dividend yield for EPM is 5.4% at a stock price of $3.73. Evolution Petroleum Corporation is an independent oil and gas company. The Company is engaged in the acquisition, exploitation and development of properties for the production of crude oil and natural gas, onshore in the United States.

Allied Motion Technologies Inc (AMOT) will raise its quarterly dividend by 25 percent to a split adjusted $0.025 per share in 2021. The new annual dividend rate of 10 cents per share yields 0.3% at a stock price of $34 for AMOT. The US designer and manufacturer of precision and specialty controlled motion products and solutions for the global market, announced that its Board of Directors, at its meeting today, approved a quarterly cash dividend payment of $0.025 per share, up 25% from the previous rate of $0.02 per share. The dividend rates reflect the three-for-two stock split, distributed after the close of trading on April 30, 2021. The dividend will be payable on June 2, 2021 to stockholders of record as of the close of business on May 19, 2021. Allied Motion has approximately 14.7 million shares outstanding. Allied Motion Technologies designs, manufactures and sells precision and specialty controlled motion products and solutions used in a broad range of industries within our majo...

Select Medical Holdings (SEM) declared a first ever quarterly dividend of 12.5 cents per share. On May 5, 2021, Select Medical's board of directors declared a cash dividend of $0.125 per share. The dividend will be payable on or about June 1, 2021 to stockholders of record as of the close of business on May 19, 2021. Based on an annual dividend of 50 cents per share the estimated dividend yield for Select Medical Holdings is 1.4% at a stock price of $37. It is not certain if SEM will continue paying dividends. SEM states that there is no assurance that future dividends will be declared. The declaration and payment of dividends in the future are at the discretion of Select Medical's board of directors after taking into account various factors, including, but not limited to, our financial condition, operating results, available cash and current and anticipated cash needs, the terms of Select Medical's indebtedness, and other factors Select Medical's board of directors may...

Viatris Inc. (VTRS) will start paying a quarterly dividend of 11 cents per share. The company's Board of Directors declared a quarterly dividend of eleven cents ($0.11) for each issued and outstanding share of the company's common stock. The dividend is payable on June 26, 2021 to stockholders of record at the close of business on May 24, 2021.  The annual dividend of $0.44 per share yields approximately 2.9% at a stock price of $15 for VTRS. The ex-dividend date for this inaugural quarterly dividend is May 21, 2021. Sanjeev Narula, Chief Financial Officer, stated: "I am pleased with our strong execution in the quarter and our focused delivery of our financial commitments, including the declaration of our inaugural quarterly dividend and the enhanced disclosures with which we are reporting our results. During the first quarter, we generated $799 million of free cash flow, primarily driven by solid net cash provided by operating activities and the timing of spend. We remain...

HollyFrontier Corporation (HFC) will suspend its quarterly dividend of 35 cents per share. HFC last hiked its dividend by 6.1 percent to $0.35 per share in 2019. HollyFrontier Corporationtoday announced that it has entered into a definitive agreement to acquire the Puget Sound Refinery, the on-site cogeneration facility and related logistics assets, from Equilon Enterprises LLC d/b/a Shell Oil Products US (“Shell”) for a purchase price of $350 million, plus hydrocarbon inventory to be valued at closing with an estimated current value in the range of $150-180 million. HollyFrontier expects to fund the acquisition with a one-year suspension of its regular quarterly dividend and cash on hand and expects the transaction to be immediately accretive to HollyFrontier’s earnings per share and free cash flow. HollyFrontier expects the transaction to close in the fourth quarter 2021, subject to regulatory clearance and other customary closing conditions. The HollyFrontier Board of Directors appr...

Gildan Activewear (GIL) will reinstate its quarterly dividend with a payment of $0.154 per share. The company suspended the dividend in the second quarter of 2020.

Barrick Gold (ABX) will pay a special dividend of $0.14 per share on June 15, 2021. The regular quarterly dividend is 9 cents per share.

UGI Corporation (UGI) will raise its quarterly dividend by 4.5 percent to $0.345 per share in 2021. This marks the 34th consecutive year of dividend increases by the distributor and marketer of energy products and services. The new dividend yield is 3% at a stock price of $45.62.

 WestRock Company (WRK) will hike its quarterly dividend by 25 percent in 2021. This follows a dividend cut of 57 percent last year.

Southside Bancshares (SBSI) will raise its quarterly dividend by 3.1 percent to 33 cents per share in 2021. This follows a dividend hike of 3.2 percent to 32 cents per share in 2020. Also a 5 cent per share special dividend was paid by the bank holding company last year. Southside Bancshares has now raised its dividend for 27 consecutive years.  The next dividend will be payable on June 3, 2021, to common stock shareholders of record on May 20, 2021. A new regular annual dividend rate of $1.32 per share yields 3.1% at a stock price of $42.27.  Southside Bancshares pays an estimated $44 million in dividends annualy to its shareholders. The last hiked its dividend by double digits in 2017 with a 12.0 percent increase announced that year. Southside Bancshares, Inc. is a bank holding company that owns 100% of Southside Bank, a Texas community bank. Southside Bank is headquartered in Tyler and operates branches in East, North, Central and Southeast Texas. The company is a preferred...

Choice Hotels International, Inc. (CHH) has declared a cash dividend on the company's common stock of $0.225 per share, payable on July 16, 2021 to stockholders of record on July 1, 2021. Last year CHH its quarterly dividend because of COVID-19. The hotel franchisor will now have a dividend yield of 0.8% at a stock price of $115.31. "Reinstating our dividend and share repurchase program reflects the Board's confidence in the company's current liquidity position and outlook. Our dividend and share repurchase programs have returned significant capital to shareholders throughout our history, and we expect capital returns to continue to be an element of our broader capital allocation strategy," said Patrick Pacious, president and chief executive officer, Choice Hotels. "This decision is a testament to our thoughtful strategy and resilient business model, which continue to lead the industry recovery and will allow us to emerge from the pandemic even stronger as a ...

CNO Financial Group (CNO) will raise its quarterly dividend by 8.3 percent to 13 cents per share in 2021. This follows a dividend hike of 9.1 percent to $0.12 per share in 2020 and marks the 9th consecutive year of dividend increases. The next dividend will be payable June 24, 2021, to shareholders of record at the close of business on June 10, 2021. A new annual rate of 52 cents yields 1.9% at a stock price of $26.88. CNO Financial Group, Inc. is a holding company for a group of insurance companies operating throughout the United States that develop, market and administer health insurance, annuity, individual life insurance and other insurance products. Its insurance companies – principally Bankers Life and Casualty Company, Colonial Penn Life Insurance Company and Washington National Insurance Company – primarily serve middle-income pre-retiree and retired Americans. CNO has paid a dividend every year since 2012.

The Brink's Company (BCO) will increase its quarterly dividend by 33.3 percent to $0.20 per share in Q2 of 2021. The new dividend yield for BCO is 1.0% at a stock price of $80.37.

Great Ajax Corp (AJX) hikes dividend by 11.8 percent to $0.19 quarterly in Q2 of 2021. The new dividend yield for AJX is 6.1% at a stock price of $12.48.

Microchip Technology (MCHP) will raise its quarterly dividend by another 5.9 percent to 41.3 cents quarterly in Q2 of 2021. This is the second dividend hike announced by MCHP in 2021 for a total increase of 12.1 percent. The next quarterly dividend is June 4, 2021 to stockholders of record on May 21, 2021. Microchip initiated quarterly cash dividend payments in the third quarter of fiscal year 2003 and has increased its dividend 67 times since its inception. The new annual dividend rate of approximately $1.65 per share yields 1.1% at a stock price of $149. Microchip initiated quarterly cash dividend payments in the third quarter of fiscal year 2003. Currently the company pays approximately $430 million in dividends to shareholders annually. Because of the much bigger dividend hikes announced so far in 2021 the average dividend growth rate in the last five years jumps from 0.6 percent to 2.8 percent annually. Microchip Technology Incorporated manufactures specialized semiconductor produ...

RLI Corp. (RLI) will raise its quarterly dividend by 4.2 percent to 25 cents per share in 2021. This follows a 4.3 percent dividend hike last year, when RLI also paid a special dividend of $1.00 per share. The insurer has now raised its dividend 46 consecutive years. The next dividend is payable on June 18, 2021, to shareholders of record as of May 28, 2021. At a stock price of $113 the regular annualized dividend rate of 100 cents per share yields 0.9%. RLI Corp has increased dividends for 46 consecutive years and pays an estimated $45 million in dividends to shareholders annually. 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. RLI’s history dates to the early 1960s, when Founder Gerald D. Stephens, recognized the expense of replacing contact lenses, and founded RLI — Replace...

EOG Resources Inc. (EOG) will pay a $1.00 per share special dividend. This comes after a 10 percent dividend hike earlier this year by the oil & gas company. The special dividend will be paid on July 30, 2021 to shareholders of record on July 16, 2021. EOG Resources, Inc., organized in 1985, together with its subsidiaries explores for, develops, produces and markets crude oil and natural gas primarily in major producing basins in the United States of America, The Republic of Trinidad and Tobago (Trinidad), The People's Republic of China (China), Canada and select other international areas. EOG's operations are all crude oil and natural gas exploration and production related.

EOG Resources Inc. (EOG) will pay a $1.00 per share special dividend. This comes after a 10 percent dividend hike earlier this year by the oil & gas company. The special dividend will be paid on July 30, 2021 to shareholders of record on July 16, 2021. EOG Resources, Inc. , organized in 1985, together with its subsidiaries explores for, develops, produces and markets crude oil and natural gas primarily in major producing basins in the United States of America, The Republic of Trinidad and Tobago (Trinidad), The People's Republic of China (China), Canada and select other international areas. EOG's operations are all crude oil and natural gas exploration and production related.