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Showing posts from February, 2022

Northrim BanCorp hikes dividend by 7.9%

Cogent Communications hikes dividend by 3%

National Storage Affiliates Trust hikes dividend by 11.1%

National Storage Affiliates Trust (NSA) will raise its quarterly dividend by 10 percent to 55 cents per share. This is the second dividend announced in 2022 by NSA. The next regular cash dividends for the second quarter 2022 payable on June 30, 2022 to shareholders of record on June 15, 2022.  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 self storage properties located in the United States and Puerto Rico. The properties are managed with a local operational focus by NSA and its participating regional operators (PROs). National Storage went public in 2015 and has increased its dividend every year since. The company was co-founded by CEO Arlen D. Nordhagen in 1998 as SecurCare Self Storage.

Lamar Advertising hikes dividend by 10%

Outfront Media hikes dividend by 200%

Marriott Vacations Worldwide hikes dividend by 14.8%

United Bancorp hikes dividend by 1.7%

Avnet hikes dividend by 8.3%

Dividend Aristocrat 3M will raise dividend 0.7% in 2022

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Dividend growth has slowed significantly for 3M. Dividend Aristocrat 3M (MMM) will raise its dividend by 0.7% to $1.49 quarterly. Last year MMM also announced a 0.7% (1 cent per share) dividend increase. This marks 64 consecutive years of dividend growth for the conglomerate but also matches the smallest dividend hike in decades.

Microchip Technology hikes dividend by 6.2%

Microchip Technology (MCHP) will raise its quarterly dividend by another 6.2 percent to $0.253 per share in Q1 of 2022. This marks 20 years in a row of increased dividends by the semiconductor company. The next MCHP dividend is payable on March 8, 2022, to stockholders of record on February 22, 2022. Microchip initiated quarterly cash dividend payments in the third quarter of fiscal year 2003 and has increased its dividend 69 times since its inception.  Microchip Technology Incorporated manufactures specialized semiconductor products used for  embedded control applications. Its product portfolio targets the automotive, communications, computing, consumer and industrial control markets. Microchip is headquartered in Chandler, Arizona. Microchip was incorporated in Delaware in 1989 and initiated quarterly cash dividend payments in the third quarter of fiscal year 2003. The company typically raises its dividend a little bit every quarter but doesn't do big dividend hikes like man...

CME Group hikes dividend by 11.1%

CME Group (CME) will increases its quarterly dividend by 11.1 percent to $1.00 per share in 2021. In 2021 the dividend was hiked by 5.9 percent and CME also paid a special dividend of $3.25 per share. The next CME dividend is payable March 25, 2022, to shareholders of record as of March 10, 2022. CME Group enables clients to trade futures, options, cash and OTC markets, optimize portfolios, and analyze data – empowering market participants worldwide to efficiently manage risk and capture opportunities.The company offers futures and options on futures trading through the CME Globex platform, fixed income trading via BrokerTec and foreign exchange trading on the EBS platform. In addition, it operates one of the world's leading central counterparty clearing providers, CME Clearing. With a range of pre- and post-trade products and services underpinning the entire lifecycle of a trade, CME Group also offers optimization and reconciliation services through TriOptima, and trade processin...