Walt Disney reinstates semi-annual dividend and Graco raises for 27th year

Graco (GGG) has now raised its dividend 27 consecutive years.

We look at the dividend hikes announced in week 48, with Walt Disney announcing the first dividend since 2019/2020 and Graco hiking the dividend for the 27th consecutive year. Als news from Morningstar and Alexandria Real Estate Equities.

Once again, for the latest news, we refer you to the great new YouTube channel Dividend Freak, where new dividend videos appear weekly. With permission, we post here the latest update on dividend increases in the United States. The video below shows all the information.

On December 1, 2023, Morningstar (MORN) announced a dividend hike of 8.0% to $0.405 quarterly per share. This marks 13 consecutive years of increased dividends by the provider of independent investment insights. At a stock price of $284 the dividend yield for Morningstar is 0.6%. The company now pays an estimated $69 million in dividends annually. The average dividend hike was 7.7% annually in the last 5 years.

A day before, on November 30, 2023, Walt Disney reinstated its semi-annual dividend. The cash dividend of $0.30 per share in respect of the second half of fiscal year 2023 is payable January 10, 2024 to shareholders of record at the close of business on December 11, 2023 and yields only 0.6% at a stock price of $92 for Walt Disney.

Other dividend news came from Graco (GGG) with a 8.5% dividend increase, marking 27 consecutive years of dividend growth for this potential Dividend Aristocrat. For all details and historical dividend hikes by Graco, please see the video above, and don't forget to subscribe to The Dividend Freak.

Also real estate investment trust Alexandria Real Estate Equities, specialized in medical properties, announced its second dividend hike for 2023. The video above gives you the details.

Today, we had a nice 10% dividend hike from CVS Health. More increases are expected by US companies, including Mastercard, Carrier Global, Bristol-Myers Squibb, Zoetis, Broadcom, Ecolab, Abbott, Pentair, Nucor, CVS Health, Pfizer, Eli Lilly and Amgen.