Dividend Track Records

Tobacco company Altria Group, Inc. (MO) will increase its quarterly dividend by 4.7 percent to 90 cents per share in 2021. This comes after a dividend hike of 2.4 percent to 86 cents per share in 2020 and marks the 52nd consecutive year of annual dividend increases by the Dividend Aristocrat. The next MO dividend will be paid on October 12, 2021 to shareholders of record on September 15, 2021. The next Altria ex-dividend date is September 14, 2021. The new annualized dividend rate of $3.60 per common share represents a yield of 7.1% based on Altria’s stock price of $50.56. Altria Group, Inc. is a holding company incorporated in the Commonwealth of Virginia in 1985. Altria’s wholly-owned subsidiaries include Philip Morris USA Inc., U.S. Smokeless Tobacco Company LLC, John Middleton Co., Nu Mark LLC, Ste. Michelle Wine Estates Ltd. and Philip Morris Capital Corporation. Altria's tobacco brands include Marlboro, Black & Mild, Copenhagen, Skoal, MarkTen and Green Smoke. Altria also

EastGroup Properties (EGP) will raise its quarterly dividend by 13.9 percent to 90 cents per share in 2021. This comes after a dividend hike of 5.3 percent to 79 cents per share in 2020. This will mark the 26th consecutive year of dividend increases by the real estate investment trust. The next EGP dividend is payable on October 15, 2021 to shareholders of record on September 30, 2021. A new annual rate of $3.60 per share yields 2.0% to EastGroup Properties shareholders at a stock price of $175. The next ex-dividend date for EGP is September 29, 2021. EastGroup Properties, Inc. is a self-administered equity real estate investment trust focused on the development, acquisition and operation of industrial properties in major Sunbelt markets throughout the United States with an emphasis in the states of Florida, Texas, Arizona, California and North Carolina. Its strategy for growth is based on its property portfolio orientation toward premier business distribution facilities clustered near

Lam Research Corp (LRCX) will raise its quarterly dividend by 15.4 percent to $1.50 per share in 2021. This follows a dividend hike of 13.0 percent to $1.30 per share in 2020. The semiconductor company has now raised its dividend for 7 consecutive years since the first dividend was paid in 2014. The next LRCX dividend of $1.50 per share will be paid on October 13, 2021 to holders of record on September 28, 2021. A new annual dividend rate of $6.00 per share yields 1.0% to Lam Research shareholders at a stock price of $610. The next ex-dividend date for LRCX stock is September 27, 2021. Lam Research Corporation is a supplier of wafer fabrication equipment and services to the semiconductor industry. The company's products are used in a variety of electronic products, including mobile phones, personal computers, servers, wearables, automotive devices, storage devices, and networking equipment.  Lam's customer base includes leading semiconductor memory, foundry, and integrated devi

Intuit (INTU) will raise its quarterly dividend by 15.3 percent to 68 cents quarterly. This comes after a 11.3 percent hike to 59 cents per share in 2020 and marks the 10th consecutive year of dividend increases by the US financial software company. The next dividend will be paid on October 18, 2021 to shareholders of record on October 11, 2021. A new annualized rate of $2.72 per share yields 0.5% at a stock price of $555 for INTU. After this new dividend hike Intuit will pay an estimated annual dividend amount of $745 million to shareholders. The company has been raising its dividend by double digits every year since a 15 cent per share quarterly dividend was initiated back in August 2011. Intuit announced its biggest dividend increase in 2014, when the quarterly dividend was boosted by 31.6 percent from 19 cents to 25 cents per share. The company also hiked its dividend by more than 20 percent in both 2015 and 2018. Last year's 11.3 percent dividend that was just announced is the

Avnet (AVT) will raise its quarterly dividend by 9.1 percent to 24 cents quarterly. This follows a dividend hike of 4.8 percent to 22 cents per share announced earlier in 2021. The company did not hike its dividend in 2020 but makes up for this with a total hike of 14.3 percent YTD. The next dividend will be paid on September 21, 2021 to shareholders of record as of the close of business on September 7, 2021. A new annual rate of 96 cents per share yields 2.4% at a stock price of $40. “We are pleased to announce an increase in our quarterly dividend, furthering our commitment to delivering sustainable shareholder returns as part of our balanced capital allocation strategy,” said Avnet Chief Executive Officer Phil Gallagher. “This increase follows strong performance in our 2021 fiscal year and is a reflection of our confidence in our financial position, robust cash generation and ability to promote continued growth and value creation for Avnet stakeholders.” Avnet, Inc. is a technology

American Financial Group, Inc. (AFG) will raise its quarterly dividend by 12 percent to 56 cents per share in 2021. Last year AFG raised its quarterly dividend by 11.1 percent to 50 cents per share. The insurance holding company also paid out several special dividends since. The next AFG regular dividend of $0.56 per share has to be declared officially and is expected to be paid in October. The new regular annual dividend rate of $2.24 per share yields 1.7% at a stock price of $132. S. Craig Lindner and Carl H. Lindner III, AFG’s Co-Chief Executive Officers, issued this statement: “Returning excess capital to shareholders in the form of dividends is an important and effective component of AFG’s capital management strategy. This increase in AFG’s annual dividend reflects our confidence in the Company’s financial condition, liquidity, and prospects for long-term growth.” American Financial Group is an insurance holding company, based in Cincinnati, Ohio. Through the operations of Great A