Dividend Track Records

Simon Property Group (SPG) will hike its quarterly dividend by 7.7 percent to $1.40 per share in 2021. This follows a dividend cut of 38.1 percent to $1.30 per share. Previously, the commercial REIT last hiked its quarterly dividend by 2.4 percent to $2.10  per share in the third quarter of 2019.  The next dividend of $1.40 per share will be payable on July 23, 2021 to shareholders of record on July 2, 2021. The new annualized dividend rate of $5.60 per share yields 4.3% at a stock price of $130. Simon Property Group, Inc. is a real estate investment trust (REIT). The company owns real estate properties across North America, Europe and Asia, which consist primarily of malls, Premium Outlets and The Mills. Simon Property is the largest shareholder in Klépierre, a French REIT and one of Europe's biggest publicly traded mall operators. Simon Property Group has paid a dividend every year to shareholders since 2000. The dividend was cut in 2009 during the financial crisis and in 20...

Universal Health Realty Income Trust (UHT) will raise its quarterly dividend by another 0.7 percent to $0.70 per share. This is the first dividend hike announced in 2021 and marks 34 consecutive years of dividend increases by the health care REIT. The next dividend will be paid on June 30, 2021 to shareholders of record as of June 16, 2021. A new annual rate of $2.80 per share yields 4.0% at a stock price of $70. 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.

American Financial Group, Inc. (AFG) will pay a special dividend $14.00 per share in 2021 because of the closing of the sale of its Annuity Businesses. Last year AFG paid a $2.00 per share special dividend and raised its quarterly dividend by 11.1 percent to 50 cents per share. American Financial Group has sold its Annuity businesses, consisting of Great American Life Insurance Company (GALIC) and its two insurance subsidiaries, Annuity Investors Life Insurance Company and Manhattan National Life Insurance Company, as well as a broker-dealer affiliate, Great American Advisors, Inc., and insurance distributor, AAG Insurance Agency, Inc. to Massachusetts Mutual Life Insurance Company (MassMutual). Total after-tax cash proceeds from the sale are approximately $3.5 billion. In connection with the closing of this transaction, the Company has declared a special, one-time cash dividend of $14.00 per share of American Financial Group Common Stock. The dividend is payable on June 15, 2021 to ho...