Dividend Track Records

On August 30, 2023, Deere & Company (DE) announced its second dividend for 2023 with a new 8% increase to $1.35 quarterly per share. This comes after a smaller increase of 5 cents to $1.25 quarterly this February. The total dividend hike in 2023 is 12.5%. The dividend yield for Deere & Co jumps to 1.3% based on a new annual rate of $5.40 per share and a stock price of $415. The next John Deere dividend is payable November 8, 2023 to stockholders of record on September 29, 2023 and the tractor maker now pays an estimated $1.58 billion in dividends annually. 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 ser...

On August 25, 2023, Intuit (INTU) announced a 15.4% dividend hike to $0.90 quarterly per share in 2023. The financial software company that develops and sells accounting, tax preparation, and financial management software for individuals and businesses has now raised its dividend 12 consecutive years. The increased INTU dividend will payable on October 17, 2023 to shareholders of record on October 9. The next ex-dividend date for Intuit is October 5, 2023. At a stock price of $519 the dividend yield is 0.69% and Intuit now pays an estimated $1.08 billion in dividends annually. Last year the company hiked its dividend by 14.7%. Intuit Inc. is a provider of business and financial management solutions for small businesses, consumers and accounting professionals. Intuit's reportable segments are: Small Business & Self-Employed, Consumer and Strategic Partner. The company's products and platforms, including QuickBooks, TurboTax, Mint and Turbo, are designed to help customers bet...

On August 22, 2023, First American Financial Corporation (FAF) declared a dividend hike of 1.9% to $0.53 quarterly per share. The provider of title insurance, settlement services and risk solutions for real estate transactions has now raised its dividend 12 straight years. The next FAF cash dividend is payable on September 15, 2023 to shareholders of record as of September 8, 2023. The new $2.12 per share annual dividend yields 3.5% at a stock price of $59.85. Last year FAF announced a dividend hike of 2.0%. “Our decision to increase the cash dividend signals our continued confidence in the outlook for our business and our long-standing commitment to return capital to our shareholders,” said Ken DeGiorgio, chief executive officer of First American Financial Corporation. First American Financial Corporation is a provider of title insurance, settlement services and risk solutions for real estate transactions. First American also provides title plant management services; title and other r...

On August 16, 2023, Stock Yards Bancorp (SYBT) declared a 3.4% dividend hike to $0.30 quarterly per share. This marks 14 consecutive years of increased dividends by SYBT. The dividend yield is 2.5% at a stock price of $47 and the next ex-dividend date for SYBT is September 15, 2023. Stock Yards Bancorp, Inc., parent company of Stock Yards Bank & Trust Company, with offices in the Louisville, central, eastern and northern Kentucky, as well as the Indianapolis, Indiana and Cincinnati, Ohio metropolitan markets, announced that its Board of Directors increased its cash dividend to $0.30 per common share. The dividend will be paid on October 2, 2023, to stockholders of record as of September 18, 2023. Commenting on the announcement, James A. (Ja) Hillebrand, Chairman and Chief Executive Officer, said, “Solid franchise growth contributes to our ability to steadily increase dividends and to further build shareholder value. With this announcement, Stock Yards Bancorp has now raised its qua...

On August 25, 2023, tobacco company Altria Group, Inc. (MO) announced a dividend hike of 4.3% to $0.98 quarterly per share. This marks 54 consecutive years of increased dividend by Altria. Altria Group, Inc. announced that our Board of Directors voted to increase our regular quarterly dividend by 4.3% to $0.98 per share versus the previous rate of $0.94 per share. The quarterly dividend is payable on October 10, 2023 to shareholders of record as of September 15, 2023. The ex-dividend date is September 14, 2023. The new annualized dividend rate is $3.92 per share, representing a dividend yield of 9.1% based on our closing stock price of $43.12 on August 23, 2023. Altria states that the dividend increase is consistent with our new progressive dividend goal that was established at the 2023 Investor Day that targets mid-single digits dividend per share growth annually. This increase marks the 58th dividend increase by MO in the past 54 years. Altria Group, Inc. is a holding company incorpo...

On August 24, 20223, Lam Research Corp (LRCX) announced a dividend increase of 15.9 percent to $2.00 quarterly per share. This follows a 15.0 percent dividend hike by the semiconductor company last year and marks 9 consecutive years of increased dividends since the first dividend was paid in 2014. This increase is consistent with the intent for disciplined annual dividend growth. The dividend payment will be made on October 4, 2023, to holders of record on September 13, 2023. Future dividend payments are subject to review and approval by the Board of Directors. The new annual dividend of $8.00 per share for LRCX yields 1.2% at a stock price of $655. 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 in...

On August 17, 2023, Murphy USA (MUSA) announced yet another 2.6% dividend hike to $0.39 quarterly per share. This follows dividend hikes in May and February by the oil & gas company for a total increase of 11.4% year-to-date. MUSA has now raised its dividend 3 consecutive years and currently yields 0.5% at a stock price of $314.  The Board of Directors of Murphy USA Inc. declared a quarterly cash dividend on the Common Stock of Murphy USA Inc. of $0.39 per share, or $1.56 per share on an annualized basis, reflecting a 2.6% increase from the prior quarter. The dividend is payable on September 7, 2023, to stockholders of record as of August 28, 2023. Murphy USA is a retailer of gasoline and convenience merchandise with stores located primarily in the Southwest, Southeast, Midwest and Northeast United States. The company operates a network of retail gasoline and convenience stores in 27 states. The majority of Murphy USA's stores are located in close proximity to Walmart Supercent...

On August 16, 2023,Winnebago Industries, Inc. (WGO) announced a 14.8% dividend hike to a new record high of $0.31 quarterly per share. This marks the 8th consecutive year of dividend increases by the motorhome maker. The dividend yield for WGO was 1.7% prior to this new dividend hike. Winnebago Industries, Inc. (NYSE:WGO), a leading outdoor lifestyle product manufacturer, today announced that the Company’s Board of Directors approved a quarterly cash dividend of $0.31 per share payable on September 27, 2023, to common stockholders of record at the close of business on September 13, 2023. Today’s dividend declaration represents a 15 percent increase, or $0.04 per share, from the previous quarter. “Our team is focused on serving our customers, operating our business with discipline, and creating sustainable value for our shareholders,” said Michael Happe, Winnebago Industries’ President and Chief Executive Officer. “This dividend increase underscores our confidence in the long-term stren...

On August 16, 2023, Cboe Global Markets (CBOE) a leading provider of global market infrastructure and tradable products, declared a 10% dividend hike to $0.55 quarterly per share. This marks 13 consecutive years of increased dividends by CBOE. The new dividend yield is 1.5% at a stock price of $150. The third-quarter 2023 dividend is payable on September 15, 2023 , to stockholders of record as of August 31, 2023 .  Cboe Global Markets, Inc., formerly CBOE Holdings, Inc., operates markets that offer options trading on various market indexes and futures contracts.  The company's subsidiaries include Chicago Board Options Exchange (CBOE), CBOE Futures Exchange (CFE), C2 Options Exchange (C2), Market Data Express and Chicago Options Exchange Building Corporation. Cboe Global Markets is headquartered in Chicago with a network of domestic and global offices across the Americas, Europe and Asia, including main hubs in New York, London, Kansas City and Amsterdam. The company has paid ...

On August 16, 2023, Muncy Bank Financial Inc. (MYBF) announced a 2.6% dividend hike to $0.40 quarterly per share. This marks the 23rd consecutive year of increased dividends by MYBF. The dividend yield is 4.2% at a stock price of $37. The third quarter dividend is payable September 15, 2023 to MYBF shareholders of record September 5, 2023. Robert J. Glunk, Chairman of the Board/President & CEO of Muncy Bank Financial, Inc. has announced that the Company’s Board of Directors declared a third quarter 2023 cash dividend of $0.40 per share compared to $0.39 for the same period in 2022. The third quarter 2023 dividend represents the 352nd consecutive dividend payout dating back to 1935. Muncy Bank Financial Inc. has increased its dividend payout since 1990. Muncy Bank Financial Inc. is a holding company of The Muncy Bank & Trust Company. The Company is involved in providing commercial, mortgage, residential real estate and consumer loan financing, as well as deposit, investment and...

On August 15, 2023, H&R Block (HRB) announced a 10.3% dividend hike to $0.32 quarterly per share. This marks 8 consecutive years of increased dividends by HRB. The dividend yield jumps to 3.6% at a stock price of $39.  The Company announced today that the Board of Directors increased the quarterly dividend by 10%, representing the seventh increase in seven years. The quarterly cash dividend is now $0.32 per share, payable on October 4, 2023, to shareholders of record as of September 7, 2023. H&R Block has paid quarterly dividends consecutively since the Company became public in 1962. Since 2016, the Company has returned nearly $3.4 billion to shareholders in the form of share repurchases and dividends. "We produced another year of robust free cash flow and repurchased a meaningful amount of shares outstanding. In addition, we announced a 10% dividend increase today, reflecting the Board's confidence in our business," said Tony Bowen, H&R Block's chief fina...

On August 14, 2023, NBT Bancorp (NBTB) announced a 6.7% dividend hike to $0.32 quarterly per share. This marks 11 consecutive years of increased dividends by NBTB. At a stock price of $37.20 the dividend yield is 3.2%. This is the company’s eleventh consecutive year of annual dividend increases. The dividend will be paid on September 15, 2023 to shareholders of record on September 1, 2023. NBT Bancorp is a financial holding company headquartered in Norwich, NY, with total assets of $11.89 billion at June 30, 2023. The Company primarily operates through NBT Bank, N.A., a full-service community bank, and through two financial services subsidiaries. NBT Bank, N.A. has banking locations in New York, Pennsylvania, Vermont, Massachusetts, New Hampshire, Maine and Connecticut. EPIC Retirement Plan Services is a national benefits administration firm. NBT Insurance Agency, LLC, is a full-service regional insurance agency.

On August 14, 2023, commodity chemicals manufacturer Westlake Corporation (WLK) announced a 40.1% dividend increase to $0.50 quarterly per share. This follows a dividend hike of 20.0 percent last year by WLK. The global manufacturer and marketer of basic chemicals, vinyls, polymers and building products has now raised the dividend 19 straight years.  The next WLK dividend will be payable on September 12, 2023, to stockholders of record on August 25, 2023. This is the 76th successive quarterly dividend that Westlake has declared since completing its initial public offering in August 2004. At a stock price of $133.92 the dividend yield is 1.5%. “The significant increase in our dividend reflects the strong cash generative business model as we have continued our growth at Westlake,” said Albert Chao, president and chief executive officer of Westlake. “Our Investments in differentiated and specialty products in our Performance and Essential Material (PEM) segment and leading market posi...

Badger Meter (BMI) will raise its quarterly dividend by 20% to $0.27 quarterly per share. This marks 32 consecutive years of increased dividends by the industrial company. The dividend yield for BMI is 0,6% at a stock price of $166.83. The increased dividend is payable September 8, 2023, to shareholders of record on August 25, 2023. The new annual dividend rate for common stock is $1.08 per share. Kenneth C. Bockhorst, Chairman, President and Chief Executive Officer, stated, “This substantial dividend increase reflects the strong financial performance of the company, and the confidence Badger Meter has in the durability of its earnings and cash flow. During the past five years our annual dividend rate has nearly doubled, up from just $0.60 in 2018. A stable dividend is a key element of our disciplined capital allocation framework, and we are proud of our now 31 consecutive years of dividend increases.” Badger Meter, Inc. provides flow measurement, control and communications solutions, ...

Tapestry, Inc. (TPR), the owner of luxury accessories and lifestyle brands, will raise its dividend by 16.7% to a new record high of 35 cents quarterly per share. The dividend yield for Tapestry is 4.0% based on the annual payment of $1.40 per share and a stock price of $35.55. The next TPR dividend is payable on September 25, 2023 to shareholders of record as of the close of business on September 8, 2023. This week Tapestry announced a deal to buy Michael Kors parent Capri for $8.5 billion. Tapestry, Inc. is a New York-based house of modern luxury lifestyle brands. The company’s portfolio includes Coach, Kate Spade and Stuart Weitzman. Effective October 31, 2017, the company changed its name from Coach, Inc. to Tapestry, Inc. The company went public in October 2000 under the Coach, Inc. name. The company was originally  founded in 1941.

Wingstop Inc. (WING) announced a 15.8% dividend hike to 22 cents quarterly per share, marking 6 consecutive years of double digit dividend growth. The dividend yield for WING is 0.53% at a stock price of $162. In recognition of the Company's strong cash flow generation and our commitment to returning value to stockholders, on August 1, 2023, our board of directors approved an increase in the quarterly dividend payable to Wingstop stockholders from $0.19 to $0.22 per share of common stock, resulting in a total dividend of approximately $6.6 million . This dividend will be paid on September 8, 2023 to stockholders of record as of August 18, 2023 . Wingstop Inc. operates and franchises restaurants across the United States, Mexico, Singapore, the Philippines, Indonesia, the United Arab Emirates, Malaysia, Saudi Arabia, Colombia, and Panama. The Wing Experts’ menu features classic and boneless wings with bold, distinctive flavors including Original Hot, Cajun, Atomic, Mild, Teri...

Semiconductor company Skyworks Solutions (SWKS) will increase its quarterly dividend by 9.7 percent to 68 cents per share in 2023. The new annual dividend rate of $2.72 yields 2.5% at a stock price of $109. This marks 9 consecutive years of increased dividends by SWKS. Skyworks’ board of directors has declared a cash dividend of $0.68 per share of the Company’s common stock, representing a 10% increase from the prior quarterly dividend of $0.62 per share. The dividend is payable on Sept. 19, 2023, to stockholders of record at the close of business on Aug. 29, 2023. Skyworks Solutions Inc. is a manufacturer of analog semiconductor products for the aerospace, automotive, broadband, cellular infrastructure, connected home, industrial, medical, military, smartphone, tablet and wearable markets.  Skyworks operates worldwide with engineering, manufacturing, sales and service facilities throughout Asia, Europe and North America. The company was formed in 1962 and changed its corporate nam...

On August 4, 2023, Chemed Corporation (CHE) announced a 5.3% dividend hike to $0.40 quarterly per share, marking the 15th consecutive year of increased dividends. The new dividend yield for Chemed is just 0.3%. The next CHE dividend will be payable on September 5, 2023, to shareholders of record as of August 14, 2023. This is a 2-cent, or 5.3%, increase over the 38-cent dividend paid in June 2023. The previous increase was in August 2022, when the Board raised the quarterly dividend from 36-cents to 38-cents per share. This represents the 209th consecutive quarterly dividend paid by Chemed in its 52 years as a public company.  Chemed Corporation operates through two segments: the VITAS segment (VITAS) and the Roto-Rooter segment (Roto-Rooter). The Company's VITAS provides hospice and palliative care services to its patients through a network of physicians, registered nurses, home health aides, social workers, clergy and volunteers. VITAS is the provider of hospice services in an in...

On August 1, 2023, Littelfuse Inc. (LFUS) announced a 8.3% dividend hike to $0.65 quarterly per share. This will mark the 13 th consecutive year of dividend increases by the circuit protection products supplier. The company will pay a cash dividend on its common stock of $0.65 per share on September 7, 2023, to shareholders of record as of August 24, 2023. The dividend yield for LFUS is 1.0% at a stock price of $264. Littelfuse, Inc. is a manufacturer of technologies in circuit protection, power control and sensing. The company’s products are found in automotive and commercial vehicles, industrial applications, data and telecommunications, medical devices, consumer electronics and appliances. Littelfuse conducts its business through three reportable segments: Electronics, Automotive, and Industrial. The company serves customers with technologies including fuses, semiconductors, polymers, ceramics, relays and sensors. Littelfuse, Inc., was incorporated under the laws of the State of Del...

On August 2, 2023, Hawkins Inc. (HWKN) declared a 6.7% dividend hike, marking 19 consecutive years of dividend growth by the chemicals maker. The dividend yield for Hawkins is 1.4%. The Board of Directors of Hawkins, Inc., at its meeting on August 2, 2023, increased its quarterly cash dividend for the second time in 2023 to $0.16 per share payable September 1, 2023, to shareholders of record at the close of business on August 18, 2023. Hawkins has consistently paid out a dividend since 1985 and has increased the dividend by 14% in 2023. Hawkins, Inc. distributes, blends and manufactures bulk and specialty chemicals and other health and nutrition products for its customers in a wide variety of industries. The Company conducts its business in three segments: Industrial, Water Treatment, and Health and Nutrition. Hawkins was founded in 1938 has paid cash dividends since 1985.