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Showing posts from November, 2021

Best and worst performing Dividend Aristocrats in 2021

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In 2021, as of November 29, the average Dividend Aristocrat has gained 21.5% with the best performers being steel maker Nucor Corp and lithium manufacturer Albemarle. The biggest loser YTD is Clorox with a 14.2% drop in share price.

Four Corners Property Trust hikes dividend by 4.7%

Global Water Resources hikes dividend by 1.2%

York Water hikes dividend by 4%

United Bancorp hikes dividend by 1.7%

Alpine Income Property Trust hikes dividend by 5.9%

Hormel Foods shareholders get a 6% dividend hike in 2021

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Hormel Foods is a Dividend Aristocrat Dividend Aristocrat Hormel Foods  (symbol: HRL) will raise its dividend for the 56th year in a row. Shareholders of the food company will be rewarded with a dividend hike of 6 percent in 2021.

Brown Forman | Special dividend and 5% hike in 2021

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Dividend Aristocrat Brown Forman has paid special dividends before Dividend Aristocrat Brown-Forman Corporation (BFB) will raise its quarterly dividend by 5% and will pay shareholders a $1.00 per share special dividend. This marks the 38th consecutive year of dividend increases by the Jack Daniel's maker.

Fulton Financial pays special dividend

Realty Income | Monthly dividend up 5.1% YOY in 2021

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Realty Income has raised its monhtly dividend by 5.1 percent YOY Dividend Aristocrat Realty Income will raise its monthly dividend for the 4th time in 2021 with a new 4.2 percent increase to $0.246 per share. The commercial REIT has raised its dividend 27 consecutive years and has now raised its dividend by 5.1 percent compared to last year.

National Storage Affiliates hikes dividend by 9.8%

National Storage Affiliates Trust (NSA) will raise its quarterly dividend by another 9.8 percent to 45 cents per share. This marks the third dividend hike announced by the self storage REIT in 2021. The increased NSA dividend of $0.45 per share is payable on December 30, 2021 to shareholders of record on December 15, 2021. A new annual rate of $1.90 per share for NSA yields 2.8% at a stock price of $61. National Storage Affiliates Trust will now pay an estimated annual dividend of $160 million to its shareholders. Tamara Fischer, President and Chief Executive Officer, commented, “We are pleased to raise our dividend for the third time this year, representing an almost 30% increase from last year’s fourth quarter rate. The powerful combination of internal and external growth facilitated by our differentiated PRO structure continues to deliver robust returns for shareholders.” National Storage Affiliates Trust is a real estate investment trust focused on the ownership, operation and acq...

Nike hikes dividend by 10.9%

NIKE, Inc. (NKE) will raise its quarterly dividend by 10.9 percent to $0.3050 per share in 2021. This follows a dividend hike of 12.2 percent to 27.5 cents per share in 2020 by NKE and marks 20 years of dividend increases in a row by the footwear and apparel company.  The dividend declared today by NKE is payable on December 28, 2021 to shareholders of record at the close of business December 6, 2021. A new annual rate of $1.22 per share yields 0.7% at a stock price of $270.60. “NIKE continues to fuel growth through our Consumer Direct Acceleration strategy, while generating strong cash flow and increasing returns to shareholders,” said John Donahoe, President and CEO, NIKE. Inc. “This is now our 20th consecutive year of increasing dividend payouts, and reflects our strong track record and confidence in our ability to deliver sustainable, profitable, capital-efficient growth over the long-term.”* NIKE, Inc. is a designer, marketer and distributor of authentic athletic footwear, app...

Dillard's pays special dividend

On November 18, 2021, Dillard’s, Inc. (DDS) declared a $15.00 per share special dividend. Earlier this year DDS already announced a dividend hike of 33.3% to 20 cents quarterly per share. This special dividend will be paid on December 15, 2021 to shareholders of record on November 29, 2021. Dillard's, Inc. is a retailer of fashion apparel, cosmetics and home furnishings. The Company's retail operations segment includes the retail department stores. The construction segment includes the operations of CDI Contractors, LLC (CDI), a general contracting construction company. CDI's business includes constructing and remodeling stores for the Company. Dillard's operates its department stores primarily in the southwest, southeast and midwest regions of the United States.

Insteel Industries pays special dividend

Griffon hikes dividend by 12.5%

Amkor Technology hikes dividend by 25%

HP Inc hikes dividend by 29%

On November 16, 2021, HP Inc. (HPQ) announced that it will raise its quarterly dividend by 29% to $0.25 per share. This follows a dividend hike of 10% in both 2020 and 2019 by the computer hardware maker. The dividend, the first in HP’s fiscal year 2022, is payable on January 5, 2022, to stockholders of record as of the close of business on December 8, 2021. HP Inc. is a provider of personal computing and other access devices, imaging and printing products, and related technologies, solutions and services. The company sells to individual consumers, small- and medium-sized businesses (“SMBs”) and large enterprises, including customers in the government, health and education sectors. The original HP was incorporated in 1947 under the laws of the state of California as the successor to a partnership founded in 1939 by William R. Hewlett and David Packard. The company went public on November 6, 1957.

Spire hikes dividend by 5.4%

Aflac hikes dividend by 21.2%

Atmos Energy hikes dividend by 8.8%

Roper Technologies | Dividend raised by 10.2 percent in 2021

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Dividend Aristocrat Roper Technologies (ticker ROP) will increase its dividend by 10.2% to 62 cents per share in 2021. This follows a dividend hike of 9.8 percent to $0.5625 per share in 2020. Roper has now raised its annual dividend for 29 years in a row.

Patrick Industries hikes dividend by 17.9%

Patrick Industries (PATK) will increase its quarterly dividend by 17.9 percent to 33 cents per share. Last year PATK announced a dividend hike of 12.0 percent to $0.28 per share. The major manufacturer and distributor of component and building products for the recreational vehicle, marine, manufactured housing and industrial markets, will pay the increased dividend on December 13, 2021, to shareholders of record at the close of business on November 29, 2021. The new dividend yield for PATK is 1.6%. The next ex-dividend date is November 26. "The dividend increase reflects the continued confidence of both management and the Board in the Company's disciplined capital allocation strategy and strong financial position, and represents our ongoing commitment to returning capital to our shareholders," said Andy Nemeth, Chief Executive Officer of Patrick. Patrick Industries, Inc. is a major manufacturer and distributor of component products and building products serving the recre...

RLI Corp pays special dividend

RLI Corp. (RLI) will pay a $2.00 per share special dividend in 2021. Earlier this year RLI already raised its quarterly dividend by 4.2 percent to 25 cents per share. The insurer has now raised its dividend 46 consecutive years. Both the regular $0.25 per share quarterly RLI dividend and the special dividend are payable on December 20, 2021, to shareholders of record as of November 30, 2021. RLI stock currently yields 0.9%. “We are pleased to be able to share the rewards of our strong performance and return excess capital to shareholders through a $2.00 per share special dividend,” said RLI Chairman & CEO Jonathan E. Michael. “Our ability to return $135 million to shareholders in 2021, despite the impact of catastrophe losses on our business, is a testament to RLI’s financial strength and sustainability. Including today’s announced dividends, RLI has returned more than $1.1 billion to shareholders over the last ten years. We remain confident in our ability to continue to grow our b...

OTC Markets Group pays special dividend

Simon Property Group hikes dividend by 10%

Simon Property Group (SPG) will hike its quarterly dividend by another 10 percent to $1.65 per share. This is the third hike announced YTD for a total increase of 26.9 percent. Last year SPG cut its dividend by 38.1 percent during the covid-19 pandemic. The next quarterly SPG common stock dividend of $1.65 in cash on November 1, 2021, for the fourth quarter of 2021. The new annualized dividend rate of $6.60 per share yields 3.9% at a stock price of $164 for SPG.  "We produced impressive third quarter results," said David Simon, Chairman, Chief Executive Officer and President. "Demand for our space from a broad spectrum of tenants is growing.  Occupancy gains continued, retailer sales accelerated, including our owned brands, and cash flow increased.  Based upon results to date and expectations for the remainder of 2021, we are once again increasing full-year 2021 guidance and raising our quarterly dividend." Simon Property Group, Inc. is a real estate investment tru...

Investors Title pays special dividend

Autoliv hikes dividend by 3.2%

Fidelity National Financial hikes dividend by 10%

Fidelity National Financial (FNF) will raise its dividend by another 10 percent to $0.44 per share quarterly in 2021. This comes after a dividend hike of 11.1 percent to 40 cents quarterly that was announced in August. The total dividend increase announced YTD by FNF is 22.2 percent. The ex-dividend date for the next FNF dividend of 44 cents is December 16, 2021. The new dividend yield is 3.5% at a stock price of $50.66 and based on a new annual dividend rate of $1.76 per share. FNF has now raised its dividend for 10 consecutive years. Fidelity National Financial, Inc.  is a provider of title insurance and transaction services to the real estate and mortgage industries. FNF is the nation's largest title insurance company through its title insurance underwriters Fidelity National Title, Chicago Title, Commonwealth Land Title, Alamo Title and National Title of New York. The company went public in 1987 and has paid a dividend every year since 2006.

Emerson raises quarterly dividend by 2% to $0.515 per share

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Emerson has raised its dividend 65 years in a row Dividend Aristocrat Emerson (symbol EMR) will hike its dividend by 2% to $0.515 per share, marking the 65th consecutive year of dividend increases by the industrial company. Dividend growth has slowed significantly in the last couple of years.

Lancaster Colony hikes dividend by 6.7%

Evergy hikes dividend by 7%

Regency Centers hikes dividend by 5%

Snap-on hikes dividend by 15.4%

Snap-on Incorporated (SNA) will raise its quarterly dividend by 15.4 percent to $1.42 per share in 2021. This follows a dividend hike of 13.9 percent to $1.23 per share in 2020 and will mark the 12th consecutive year of higher dividend paid to shareholders by SNA. The next SNA dividend is payable December 10, 2021 to shareholders of record on November 19, 2021. A new annual rate of $5.68 per share yields 2.7% at a stock price of $212. Snap-on also announced today that its Board of Directors authorized a share repurchase program of up to $500 million of common stock, replacing the current share repurchase program under which, as of the end of the third quarter of 2021, approximately $194 million of authorization remained. An additional previously approved share repurchase program, which allows the company to repurchase up to the number of shares issued under the company’s various equity plans, remains in place. Including the new authorization, total share repurchase availability current...

Microchip Technology hikes dividend by 6.2%

Microchip Technology (MCHP) will raise its quarterly dividend by another 6.2 percent to 23.20 cents per share. This follows a dividend hike of 5.8 percent in the previous quarter and marks the 4th dividend hike in 2021. The dividend MCHP dividend of $0.232 per share is payable on December 3, 2021, to stockholders of record on November 19, 2021. Microchip initiated quarterly cash dividend payments in the third quarter of fiscal year 2003 and has increased its dividend 68 times since its inception. “Microchip’s financial performance in the September 2021 quarter was very strong, resulting in significant cash generation and debt reduction,” said Steve Sanghi, Executive Chair. “Today, our Board of Directors approved a sequential increase in our dividend of 6.2% to 23.2 cents per share, up from our August dividend of 21.85 cents on a split-adjusted basis, reflecting confidence in the cash-generating capability of our business, as well as our ongoing commitment to returning capital to our st...

EOG Resources hikes dividend by 81.8% and pays special dividend

EOG Resources Inc. (EOG) will increase its quarterly dividend by another 81.8 percent to $0.75 per share in 2021. Shareholders will also receive a second special dividend this year with a $2.00 payment in December. Earlier EOG already hiked the dividend by 10 percent 41.25 cents per share in 2021 and paid a $1.00 per share special dividend. A new annual dividend rate of $3.00 per share yields 3.2% at a stock price of $95 for EOG. The special dividend of $2.00 per share will be paid on December 30, 2021 with the ex-dividend being on December 14. 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.

Air Lease hikes dividend by 15.6%

Cogent Communications hikes dividend by 3.1%

AmerisourceBergen hikes dividend by 4.5%

AmerisourceBergen Corporation (ABC) will raise its quarterly dividend by 4.5 percent to 46 cents per share in 2021. The year 2021 marks the company's 17th consecutive year of annual dividend increases. In 2020 ABC hiked its dividend by 10 percent with no dividend hike announced in 2019. The increased ABC dividend of $0.46 per common share is payable November 29, 2021, to stockholders of record at the close of business on November 15, 2021. The new annualized dividend of $1.84 per share yields 1.4% at a stock price of $127.57 for the healthcare services provider. If this new dividend hike is included AmerisourceBergen Corporation will pay an estimated $382 million in dividends to shareholders annually. AmerisourceBergen is a pharmaceutical sourcing and distribution services company, helping both healthcare providers and pharmaceutical and biotech manufacturers improve patient access to products and enhance patient care. With services ranging from drug distribution and niche premium...

Becton Dickinson | Dividend raised for 50th consecutive year

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Becton Dickinson will raise its quarterly dividend by 4.8% Dividend Aristocrat Becton Dickinson (ticker: BDX) will raise its quarterly dividend by 4.8 percent to $0.87 per share, marking the 50th year in a row of increased dividends by the medical equipment maker.

American Financial Group pays special dividend

American Financial Group, Inc. (AFG) will pay another special dividend of $4.00 per share. The insurance holding company last raised its quarterly dividend by 12 percent to 56 cents per share in August and paid $4.00 and $2.00 special dividend earlier in 2021. The regular annual dividend rate of $2.24 per AFG share yields 1.6% at a stock price of $143. The dividend is payable on November 22, 2021 to shareholders of record on November 15, 2021. The aggregate amount of this special dividend will be approximately $340 million. This special dividend is in addition to the Company’s regular quarterly cash dividend of $0.56 per share most recently paid on October 25, 2021. With this special dividend, the Company has declared $24.00 per share in special dividends in 2021. S. Craig Lindner and Carl H. Lindner III, AFG’s Co-Chief Executive Officers, issued this statement: “We are extremely pleased with AFG’s performance during the third quarter. Our Specialty P&C businesses reported outstand...

VF Corporation | Dividend raised by 2% in 2021

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Vans owner VF Corp has raised its dividend 49 years in a row © dividendtrackrecords.com Dividend Aristocrat VF Corporation (symbol VFC) will also hike its dividend in 2021 with a 2 percent increase to 50 cents per share. This marks 49 consecutive years of dividend increases in a row for the company behind brands such as Vans, Timberland and The North Face.