Dividend Track Records

On February 22, 2023, Deere & Company (DE) announced a 4.2% dividend hike to $1.25 quarterly per share. This dividend will be paid on May 8, 2023 to shareholders of record on March 31, 2023. In 2022 the tractor maker announced a dividend hike of 14.3%. Deere & Company is a manufacturer of agricultural, construction and forestry equipment. Deere operates three business segments: agriculture and turf, construction and forestry, and financial services. The agriculture and turf segment manufactures and distributes a line of agriculture and turf equipment and related service parts. The construction and forestry segment manufactures and distributes a range of machines and service parts. The company's financial services segment primarily finances sales and leases by the company dealers of new and used agriculture and turf equipment and construction and forestry equipment. Deere has been paying a dividend to shareholders every year since at least 1971.

On February 20, 2023, Bluegreen Vacations Corporation (BVH) has declared a new quarterly dividend of $0.20 per share, up a third from the previous quarterly dividend. Bluegreen reinstated its dividend in 2022. The next BVH dividend will be payable on March 20, 2023 to all shareholders of record at the close of trading on March 06, 2023. The ex-dividend date for the next BVH dividend of 20 cents will be March 3, 2023. The dividend yields 2.5% to shareholders at a stock price of $32.37. The new annual dividend payment for BVH is an estimated $19 million. Bluegreen Vacations Corporation is a vacation ownership company that markets and sells vacation ownership interests (VOIs) and manages resorts in leisure and urban destinations. The Bluegreen Vacation Club is a flexible, points-based, deeded vacation ownership plan. Bluegreen Vacations also offers a portfolio of comprehensive, fee-based resort management, financial, and sales and marketing services, to or on behalf of third parties. Blue...

On February 17, 2023, The Allstate Corporation (ALL) announced that it will hike its quarterly dividend by 4.7% to $0.89 per share. This marks 13 consecutive years of dividend growth for the insurer and comes after a 4.9% hike in 2022. Allstate declared a quarterly dividend of $0.89 cents on each outstanding share of the corporation's common stock, payable in cash on April 3, 2023, to stockholders of record at the close of business on Feb. 28, 2023. A new annualized dividend rate of $3.56 per share yields 2.6% at a stock price of $135. The next ex-dividend date is February 27, 2023. “Allstate continues to provide excellent cash returns for our shareholders. The increase in our dividend this quarter demonstrates our commitment to returning capital to our shareholders, and is a sign of Allstate’s continued financial strength,” said Jess Merten, Allstate’s Chief Financial Officer. “Over the past five years, Allstate has returned more than $15.5 billion to shareholders while continuing...

On February 17, 2023, motorcycle maker Harley-Davidson, Inc. (HOG) announced a 4.8% dividend hike to $0.165 quarterly per share. This follows a 5% dividend hike in 2022 and marks the 3rd straight year of dividend growth. HOG however did cut The dividend is payable March 20, 2023 to the shareholders of record of the Company's common stock as of March 3, 2023. HOG's new annual dividend of 66 cents currently yields 1.4% at a stock price of $48.47. The next ex-dividend date is March 2, 2023. Harley-Davidson, Inc. is the parent company of Harley-Davidson Motor Company and Harley-Davidson Financial Services. The company manufactures and sells at wholesale cruiser and touring motorcycles. The Financial Services segment consists of HDFS, which provides wholesale and retail financing and insurance-related programs to the Harley-Davidson dealers and their retail customers. Harley-Davidson has been paying a dividend every year since 1993.

On February 15, 2023, Equinix (EQIX) announced a 10% dividend hike to $3.41 quarterly per share. The next quarterly common stock dividend will be paid on March 22, 2023, to shareholders of record on March 7, 2023. This marks the 8th consecutive year of dividend growth for Equinix. Equinix, Inc. is a data center REIT, connecting companies directly to their customers and partners across its interconnected data center and interconnection platform. The company's customers include enterprises, cloud and IT services providers, media and content companies, financial services firms, IoT and big data providers, and network and mobile services providers. The company has operations in the Americas, Asia-Pacific, and Europe, the Middle East and Africa. Equinix became a public company in 2000 and elected to be taxed as a REIT for federal income tax purposes effective January 1, 2015.

As of February 3, 2023, The average return for all 67 Dividend Aristocrats together is 4.7%. We look at the biggest gainers so far this year and the biggest losers, including all three new added Aristocrats for 2023.

On February 2, 2023, Roche Holding AG , the Swiss pharmaceuticals company, announced a small dividend hike from CHF 9.30 to 9.50 per share. Dividend Aristocrat Roche has raised its dividend for more than 30 consecutive years.

On February 3, 2023, French pharmaceutical company Sanofi , a Dividend Aristocrat , announced its annual dividend increase with a 6.9% hike to €3.56 per share for FY 2022. This is the biggest dividend increase by Sanofi in the last 14 years.

On January 25, 2023, Dividend Aristocrat Kimberly-Clark Corporation (KMB) announced a 1.7% dividend hike to $1.18 quarterly per share. This marks 51 consecutive years of dividend growth for the tissues and diapers maker but also is the smallest increase in more than a decade.

On February 1, 2023, American Financial Group, Inc. (AFG) declared a $4.00 per share special dividend. The dividend is payable on February 28, 2023 to shareholders of record on February 15, 2023. The aggregate amount of this special dividend will be approximately $340 million. This special dividend is in addition to the regular quarterly cash dividend of $0.63 per share most recently paid on January 25, 2023. The regular dividend yield for AFG is 1.8% a a stock price of $138. Carl H. Lindner III and S. Craig Lindner, AFG’s Co-Chief Executive Officers, issued this statement: “Full year core net operating earnings were $11.63 per share, the highest ever achieved for AFG. We are very pleased with our strong performance for the 2022 fourth quarter and full year. In addition to producing an annual core operating return on equity of 21%, net written premiums grew by 11% during the year. Our talented insurance and investment professionals have executed well in a dynamic insurance industry and...

A typical Air Products truck transporting industrial gases (image credit: company website) Air Products and Chemicals, Inc . (trading symbol APD) will raise its quarterly dividend for the 41st consecutive year with another 8% dividend hike to $1.75 quarterly per share. This matches a dividend hike of 8% announced in 2022. The industrial gases company announced this new dividend increase on January 26, 2023.

On February 1, 2023, Standard Motor Products Inc. (SMP) declared an increased quarterly dividend of $0.29 per share, up 7.4% from the previous dividend of $0.29 per share. This marks the 2nd consecutive year of increased dividends for SMP. The company now pays an estimated $25 million in dividends annually. The next SMP dividend will payable on March 1, 2023, to shareholders of record on February 15, 2023.  Standard Motor Products, Inc. is a manufacturer and distributor of  premium replacement parts for the engine management and temperature control systems of motor vehicles in the automotive aftermarket industry with a complementary focus on heavy duty, industrial equipment and the original equipment market. Standard Motor sells its products primarily to automotive aftermarket retailers, program distribution groups, warehouse distributors, original equipment manufacturers and original equipment service part operations in the United States, Canada, Mexico, Europe, Asia and othe...

Swiss pharmaceutical company Novartis , one of only a handful of real European Dividend Aristocrats, will raise its dividend for the 26th consecutive year in 2023.