Dividend Track Records

On September 28, 2023, Howmet Aerospace (HWM), formerly known as Arconic and Alcoa, hiked the dividend by 25% to $0.05 quarterly per share. This follows a dividend hike of 100% announced by HWM in 2022. The dividend yield is 0.4% at a stock price of $46.25. The Board of Directors of Howmet Aerospace declared a quarterly dividend of 5 cents per share on the outstanding Common Stock of the Company, to be paid on November 27, 2023, to the holders of record of the Common Stock at the close of business on November 10, 2023. The quarterly dividend represents a 25% increase from the third quarter 2023 dividend of 4 cents per share. The next ex-dividend date is November 8, 2023. Howmet Aerospace, formerly Arconic Inc., is a manufacturer of aluminum, titanium, and nickel used in aerospace, automotive, commercial transportation, packaging, building and construction, oil and gas, defense, consumer electronics, and industrial applications. Howmet generates most of its sales in the United States an...

On September 29, 2023, Johnson Outdoors (JOUT) announced a 6.5% dividend hike to $0.33 quarterly per share. This marks the 9th consecutive year of increased dividends by JOUT and comes after a dividend hike of 3.3% in 2022. The 5 yr CAGR now is 18.7%. The quarterly cash dividend is payable on October 27, 2023, to shareholders of record at the close of business on October 13, 2023. The next ex-dividend date for JOUT will be October 12, 2023 and the dividend yield is 2.37% at a stock price of $55. “Johnson Outdoors’ balance sheet remains strong and debt free. This dividend increase reflects our continued confidence in our business and our strategic plans,” said David W. Johnson, Vice President and Chief Financial Officer. Johnson Outdoors Inc. is a manufacturer of outdoor recreation equipment and technologies. The company designs, manufactures and markets a portfolio of brands across four categories: Watercraft Recreation, Fishing, Diving and Camping.  Johnson Outdoors' brands includ...

On September 28, 2023, CenterPoint Energy, Inc. (CNP) announced a 5.3% dividend hike to $0.20 quarterly per share. This marks the 3rd consecutive year of dividend growth by the utility company. Last year CNP hiked the dividend by 11.8%. The new dividend yield is 2.85% at a stock price of $26.85. The next CNP dividend will be payable on December 14, 2023 to shareholders of record at the close of business on November 16, 2023. This quarterly dividend represents a $0.01 increase over the prior quarter. The increase aligns with an annual dividend of $0.77 for 2023, which represents a $0.07 increase when compared to dividends paid in 2022. The next ex-dividend date for CNP is November 15, 2023. CenterPoint Energy, Inc., headquartered in Houston, Texas, is a domestic energy delivery company that includes electric transmission & distribution, natural gas distribution and energy services operations. Through its electric transmission & distribution, power generation and natural gas ...

On September 29, 2023, Honeywell International (HON) announced a new dividend hike of 4.9% to $1.08 quarterly per share. This marks the 13th consecutive year of dividend increases by the industrial company with a 5 year CAGR of 5.7%. At a stock price of $185 the dividend yields 2.2% to HON shareholders.  The increase will be effective starting with the fourth-quarter dividend of $1.08 per share, which was declared today, and is payable on December 1, 2023, out of surplus to holders of record at the close of business on November 10, 2023. "For the 14th time in 13 consecutive years, Honeywell is increasing its dividend," said Vimal Kapur, chief executive officer of Honeywell. "As we align our portfolio with the megatrends of the future – automation, the future of aviation and energy transition – underpinned by the Honeywell Accelerator operating system as the foundation for profitable growth, we will continue driving value for our shareholders." Honeywell Internationa...

On September 27, 2023, City Holding Company (CHCO) announced that it will raise its quarterly dividend by 10 percent to $0.715 per share. This marks the 12th consecutive year of annual dividend increases by the financial company. The next dividend will be paid on October 31, 2023 with an ex-dividend date of October 12, 2023. The dividend yield for CHCO is 3.2% at a stock price of $90.35. “City’s board reaffirmed the Company’s commitment of returning value to its shareholders today by voting to approve an increase in the quarterly cash dividend of 6.5 cents to 71.5 cents,” stated Charles (Skip) Hageboeck, President and CEO. “The Company's current strong capital and liquidity position, our financial performance during 2023, and our confidence in the Company's ability to sustain this performance led to the decision to increase the dividend to $2.86 on an annualized basis.” City Holding Company is the parent company of City National Bank of West Virginia. City National operates bra...

On September 21, 2023, Texas Instruments Incorporated (TXN) announced that it will raise its quarterly dividend by 4.8 percent to $1.30 per share. This marks 20 consecutive years of dividend growth by the semiconductor company and follows a dividend hike of 7.8 percent to $1.24 per share in 2022.  The higher TXN dividend will be payable November 14, 2023, to stockholders of record on October 31, 2023, contingent upon formal declaration by the board of directors at its regular meeting in October. The next ex-dividend date for TXN is October 30, 2023. At a stock price of $160.90 the dividend yield for TXN is 3.23%. The increase is consistent with TI's long-term objective for dividends by providing a sustainable and growing dividend and reflects the company's continued commitment to return all free cash flow to its owners over time. Texas Instruments Incorporated (TI) is a global semiconductor design and manufacturing company that develops analog ICs and embedded processors. The c...

On September 21, 2023, Shoe Carnival (SCVL) announced a 20% dividend hike to $0.12 quarterly per share. This is the second dividend hike in 2023 for a total increase of 33.3%. The retailer of moderately priced footwear and accessories will now pay an estimated $13 million in dividends to shareholders annually. The increased quarterly cash dividend of $0.12 per share will be paid on October 17, 2023, to shareholders of record as of the close of business on October 3, 2023. The dividend yield for Shoe Carnival is 2.14% at a stock price of $23.37. “This marks our 46th consecutive quarterly dividend. With continued strong cash flow generation and no long-term debt, the Board’s decision to significantly increase the quarterly dividend demonstrates our confidence in driving continued shareholder returns, while also investing to grow the business,” commented Mark Worden, Shoe Carnival’s President and Chief Executive Officer. Shoe Carnival, Inc. is a family footwear retailer, offering a broad ...

On September 22, 2023, Espey Manufacturing & Electronics (ESP) announced a 50% dividend hike to $0.15 quarterly per share. This is the first dividend hike by Espey since the quarterly dividend was reinstated at $0.10 per share this March. At a stock price of $16.26 the dividend yield for ESP is 3.7%. The next ESP dividend will be payable on October 10, 2023 to all shareholders of record on October 2, 2023 with an ex-dividend date of XXX Espey's primary business is the development, design, and production of specialized military and industrial power supplies/transformers.The cCompany’s primary products are power supplies, power converters, filters, power transformers, magnetic components, power distribution equipment, uninterruptible power supply (UPS) systems, antennas and high-power radar systems. Espey reinstated its quarterly dividend in 2023.

On September 26, 2023, OGE Energy Corp. (OGE) declared a new quarterly dividend of  $0.4182 per share, up 1% from the previous quarterly dividend. This will mark the 17th consecutive annual dividend increase by the utility company and matches the dividend hike of 2022. The next OGE dividend will be paid on October 27, 2023, to shareholders of record on October 10, 2023. At a stock price of $33.33 the dividend yield for OGE is 5.0% with a next ex-dividend date of October 6, 2023. OGE Energy Corp is the parent company of OG&E, a regulated electric utility. OGE Energy, incorporated in August 1995, is a holding company with investments in energy and energy services providers offering physical delivery and related services for both electricity and natural gas primarily in the south central U.S. with customers in Oklahoma and Western Arkansas. OGE holds 25.5 percent limited partner interest and 50 percent general partner interest in Enable Midstream Partners LP. Activities are conduc...

On September 26, 2023, FirstEnergy Corp (FE) declared a 5.1% dividend increase to $0.41 quarterly per share. This is the first dividend hike by FE since 2019 (+2.6% hike at the time). The dividend yield for FirstEnergy is 5.0% at a stock price of $34.18. The next dividend is payable December 1, 2023, to shareholders of record at the close of business on November 7, 2023. The next ex-dividend date for FE is November 6, 2023. FirstEnergy Corp. is an electric company, serving customers in Ohio, Pennsylvania, New Jersey, West Virginia, Maryland and New York.  FirstEnergy's electric companies are Ohio Edison, The Illuminating Company, Toledo Edison, Met-Ed, Penelec, Penn Power, West Penn Power, Jersey Central Power & Light, Mon Power and Potomac Edison. The company's transmission subsidiaries operate more than 24,500 miles of transmission lines that connect the Midwest and Mid-Atlantic regions. FirstEnergy Corp. was formed in 1997 through the merger of Ohio Edison Company and Ce...

Novo Nordisk , a leading pharmaceutical company based in Denmark, has delivered some impressive dividend statistics for fiscal years 2022 and 2023. Notably, the company achieved over 25 consecutive years of dividend growth, further bolstered by a recent stock split.

On September 20, 2023, Starbucks Corporation (SBUX) announced that it will raise its quarterly dividend by 7.5% to $0.57 per share. This follows a dividend hike of 8.2 percent to $0.53 per share in 2022 and will mark the 13th consecutive year of annual dividend increases by the specialty coffee company. This increase will be effective with the dividend payable on November 24, 2023, to shareholders of record on November 10, 2023, and raises the company’s annual dividend rate to $2.28 per share. Starbucks initiated its dividend in 2010 at $0.05 per share of outstanding Common Stock, and increased its dividend consecutively each year over the past 13 years at a CAGR of approximately 20%. At a stock price of $92.74 the dividend yield for Starbucks is 2.46%. The company now pays an estimated $2.6 billion in dividends to shareholders annually. Starbucks Corporation (Starbucks) is a roaster, marketer and retailer of specialty coffee. The company purchases and roasts high-quality coffees t...

In a recent development, software and technology company Microsoft (MSFT) has solidified its position as the largest dividend payer in the United States, outpacing its closest competitors, including Apple and Exxon Mobil. The tech giant's latest dividend announcement (a 10.3% dividend hike, marking 21 consecutive years of dividend growth) reflects a significant increase, further extending its lead in this regard. Microsoft is approaching Dividend Aristocrat status.

On September 19, 2022, Keurig Dr Pepper Inc. (KDP), formerly Dr Pepper Snapple Group, Inc., announced a 7.5% dividend hike to $0.215 per share quarterly. This comes after KPD hiked its quarterly dividend by 6.7 percent in 2021. A new annual dividend rate of $0.86 per share will yield 2.6% to shareholders of KDP at a stock price of $33.41. The increased regular quarterly cash dividend of $0.215 per share is payable in U.S. dollars on the Company's common stock on October 13, 2023 to shareholders of record on September 29, 2023. Keurig Dr Pepper Inc., formerly Dr Pepper Snapple Group, Inc., is an integrated brand owner, manufacturer and distributor of non-alcoholic beverages in the United States, Mexico and Canada. The Company offers a diverse portfolio of flavored (non-cola) carbonated soft drinks (CSDs) and non-carbonated beverages (NCBs), including ready-to-drink teas, juices, juice drinks, water and mixers. The Company's segments include Beverage Concentrates, Packaged Bevera...

On September 19, 2022, Microsoft (MSFT) declared a $0.75 per share quarterly dividend, up 10.3% from the previous quarterly dividend of $0.68 per share. Last year MSFT hiked its dividend by 9.7%. The dividend yield will jump to 0.9% based on a new annual dividend of $3.00 per share and a stock price of $328 for Microsoft. This marks 21 consecutive years of dividend increases by the technology company. The next Microsoft dividend is payable December 14, 2023, to shareholders of record on November 16, 2023. The ex-dividend date will be November 15, 2023. Microsoft will now pay an estimated $22.3 billion in dividends to shareholders annually. Microsoft Corporation is a technology company. The company develops, licenses, and supports software products, services and devices. The company's products include operating systems; cross-device productivity applications; server applications; business solution applications; desktop and server management tools; software development tools; and vid...

 Argan (AGX) will hike its quarterly cash dividend by 20%, raising it from $0.25 to $0.30 per common share. Shareholders, mark your calendars - the dividend will be paid on October 31, 2023, to those on record as of October 23, 2023. This will be the highest dividend ever paid by the construction services company. The new dividend yield for AGX will be about 2.7% at a stock price of $44.47. The next ex-dividend date will be October 20, 2023. “Our construction expertise and project capabilities make our business well positioned in the growing opportunities of our end markets,” commented David Watson, Argan’s President and Chief Executive Officer. “With the growth in our business and strength of our balance sheet, we are pleased to increase our commitment of returning value to our stockholders through larger dividends coupled with our existing $125 million share repurchase program.” Argan’s primary business is providing a full range of construction and related services to the power i...

Fastenal is almost a dividend aristocrat with 24 hike years in 2023 In the world of investment, consistency and reliability are highly prized attributes, and for investors seeking stable dividend income, the journey to becoming a " Dividend Aristocrat " is a coveted milestone. These prestigious titles are awarded to companies listed on the US stock market that have consistently increased their dividend payouts for a minimum of 25 consecutive years. As we approach 2024, several companies are poised to enter this exclusive club, with 24 consecutive years of increased dividends under their belt.

Philip Morris International Inc. (NYSE: PM) has announced that its Board of Directors has approved a 2.4% increase in the company's regular quarterly dividend. The new dividend rate will be an annualized amount of $5.20 per share, reflecting an increase from the previous rate of $5.07 per share.

  Realty Income Corporation (NYSE: O), known as The Monthly Dividend Company®, has declared a monthly cash dividend increase for its common stock. The dividend will rise from $0.2555 per share to $0.2560 per share. Key Details : Dividend Payment Date : The increased dividend is scheduled to be paid on October 13, 2023, to shareholders of record as of October 2, 2023. Historical Milestone : This announcement marks the 122nd dividend increase since Realty Income's initial listing on the NYSE in 1994, showcasing the company's dedication to delivering value to its investors. Ex-Dividend Date : Shareholders who wish to receive the October dividend must be on record by September 29, 2023. Annualized Dividend : The new monthly dividend, when annualized, amounts to $3.072 per share, compared to the prior annualized dividend of $3.066 per share. Realty Income Corporation remains committed to its track record of consistent dividend growth. This announcement provides shareholders with ano...

Everest Re Group Ltd (Ticker symbol: RE, ISIN-code: BMG3223R1088), a leading player in the financial sector with a focus on reinsurance, has announced a significant dividend increase. The company, which has been paying dividends since 1995, has a track record of one year of consecutive dividend increases. Everest Re is known for its consistent quarterly dividend payments. Everest RE Dividend Details Dividend Growth: Everest Re has demonstrated strong financial performance, with a 5-year average dividend growth rate of 4.9%. This stability reflects the company's commitment to delivering value to its shareholders. Next Dividend per Share: Shareholders can expect to receive $1.75 per share in the upcoming quarterly dividend payment. Annual Dividend per Share: Everest Re will now be distributing an annual dividend of $6.60 per share. Dividend Yield: The new dividend yield stands at 1.9%, offering investors an attractive return on their investment based on the current stock price. Stock...

Verizon Communications Inc. (NYSE, Nasdaq: VZ) has reaffirmed its commitment to delivering value to shareholders with the announcement of a 1.9% dividend hike on September 7, 2023. The Board of Directors declared a quarterly dividend of 66.50 cents per outstanding share, marking a 1.25 cents per share increase from the previous quarter. This decision demonstrates Verizon's steadfast dedication to its shareholders and reflects the company's solid financial performance and sustainable business model. The quarterly dividend is set to be payable on November 1, 2023, to Verizon shareholders of record at the close of business on October 10, 2023. A Tradition of Consistent Dividend Growth Verizon's Board of Directors has once again demonstrated its commitment to returning value to shareholders by approving the 17th consecutive year of quarterly dividend increases. This long-standing tradition underscores Verizon's position as a reliable investment option and a testament to its...

In a remarkable feat, Trane Technologies (NYSE: TT) has reached an all-time high stock price of $210 today, marking a staggering 25% year-to-date increase. This achievement comes on the heels of the company's consistent commitment to sustainability and innovation, highlighted by its impressive history of dividend growth and a newly announced 11.9% dividend hike for 2023, bringing the current dividend yield to 1.5%.

Investors seeking a blend of steady income and capital appreciation often turn to Dividend Aristocrats , a group of elite companies with a history of consistently paying and increasing dividends. The best performing Dividend Aristocrat in 2023 is West Pharmaceutical Services with a 67.3% total return.

On August 31, 2023, Endeavor Group Holdings (symbol EDR), the global sports and entertainment company behind the Ultimate Fighting Championship (UFC), will start paying a quarterly dividend of $0.06 per share in 2023. The dividend yield for EDR is 1.1% at a stock price of $21.89. Endeavor Group Holdings, Inc. announced that it has declared a quarterly cash dividend in an aggregate amount of approximately $27 million. The dividend to Endeavor’s Class A common stockholders, following the distribution from Endeavor Operating Company to the Company, will be $0.06 per share. The dividend will be paid on September 29, 2023 to Class A common stockholders of record as of September 15, 2023.  The dividend yield for EDR is 1.1% at a stock price of $21.89.  Endeavor is a global sports and entertainment company, home to many of the world’s most dynamic and engaging storytellers, brands, live events and experiences. The company is comprised of industry leaders including entertain...