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Introduction
The Dividend Champions list is a monthly compilation of companies which have consistently increased their annual dividend payouts. However, since this list is only produced once per month, the data in it can quickly get out of date. Furthermore, with over 700 companies on the list, the sheer amount of data can quickly become overwhelming. In this weekly series, I highlight recent and upcoming dividend related activity for dividend stocks on the Dividend Champions list.
In the data presented below, Yield is forward annualized and Years reflects the up-to-date streak, including dividends declared since the last edition of the Dividend Champions list.
Dividend Changes
In the past week, the following companies declared dividends which changed from their previous payouts.
Increases:
|
Company |
Symbol |
Ex-Div |
Pay |
Old Rate |
New Rate |
Increase |
Yield |
Years |
|
Chubb Limited |
(CB) |
6/14 |
7/5 |
0.86 |
0.91 |
5.81% |
1.33% |
31 |
|
HNI Corporation |
(HNI) |
5/23 |
6/12 |
0.32 |
0.33 |
3.13% |
2.87% |
14 |
|
NACCO Industries, Inc. |
(NC) |
5/31 |
6/17 |
0.2175 |
0.2275 |
4.60% |
2.84% |
39 |
|
Northrop Grumman Corporation |
(NOC) |
5/28 |
6/12 |
1.87 |
2.06 |
10.16% |
1.75% |
21 |
|
Advanced Drainage Systems, Inc. |
(WMS) |
5/31 |
6/14 |
0.14 |
0.16 |
14.29% |
0.37% |
11 |
Decreases:
|
Company |
Symbol |
Old Rate |
New Rate |
Decrease |
Years |
|
3M Company |
(MMM) |
1.51 |
0.7 |
-53.64% |
66 |
Last Chance to Buy
These dividend growth stocks have ex-dividend dates approaching. The following tables indicate the last day you can buy these stocks in order to be eligible for the upcoming dividend. Tables are sorted alphabetically by symbol.
Monday May 20 (Ex-Div 5/21)
|
Company |
Symbol |
Pay Date |
Payout |
Price |
Yield |
Years |
|
Aflac Incorporated |
(AFL) |
6/3 |
0.5 |
88.37 |
2.26% |
42 |
|
Amcor plc |
(AMCR) |
6/11 |
0.125 |
10.27 |
4.87% |
5 |
|
Equinix, Inc. |
(EQIX) |
6/19 |
4.26 |
799.83 |
2.13% |
9 |
|
Microchip Technology Incorporated |
(MCHP) |
6/5 |
0.452 |
94.33 |
1.92% |
23 |
|
Manulife Financial Corporation |
(MFC) |
6/19 |
0.4 CAD |
26.69 |
4.37% |
11 |
|
MarketAxess Holdings Inc. |
(MKTX) |
6/5 |
0.74 |
214.71 |
1.38% |
16 |
Tuesday May 21 (Ex-Div 5/22)
|
Company |
Symbol |
Pay Date |
Payout |
Price |
Yield |
Years |
|
Applied Materials, Inc. |
(AMAT) |
6/13 |
0.4 |
212.08 |
0.75% |
7 |
|
Avista Corporation |
(AVA) |
6/14 |
0.475 |
38.38 |
4.95% |
22 |
|
Cogent Communications Holdings, Inc. |
(CCOI) |
6/7 |
0.975 |
59.15 |
6.59% |
13 |
|
Discover Financial Services |
(DFS) |
6/6 |
0.7 |
125.42 |
2.23% |
13 |
|
Littelfuse, Inc. |
(LFUS) |
6/6 |
0.65 |
259.76 |
1.00% |
14 |
|
Materion Corporation |
(MTRN) |
6/7 |
0.135 |
117 |
0.46% |
12 |
|
SBA Communications Corporation |
(SBAC) |
6/19 |
0.98 |
199.38 |
1.97% |
6 |
|
Southside Bancshares, Inc. |
(SBSI) |
6/6 |
0.36 |
28.35 |
5.08% |
30 |
Wednesday May 22 (Ex-Div 5/23)
|
Company |
Symbol |
Pay Date |
Payout |
Price |
Yield |
Years |
|
Atlantic Union Bankshares Corporation |
(AUB) |
6/7 |
0.32 |
34.37 |
3.72% |
13 |
|
Badger Meter, Inc. |
(BMI) |
6/7 |
0.27 |
197.21 |
0.55% |
31 |
|
CDW Corporation |
(CDW) |
6/11 |
0.62 |
223.64 |
1.11% |
11 |
|
Cummins Inc. |
(CMI) |
6/6 |
1.68 |
285.56 |
2.35% |
18 |
|
First National Corporation |
(FXNC) |
6/7 |
0.15 |
15.5 |
3.87% |
10 |
|
HNI Corporation |
(HNI) |
6/12 |
0.33 |
45.98 |
2.87% |
14 |
|
Jacobs Solutions Inc. |
(J) |
6/21 |
0.29 |
136.44 |
0.85% |
6 |
|
Masco Corporation |
(MAS) |
6/10 |
0.29 |
70.16 |
1.65% |
11 |
|
Robert Half International Inc. |
(RHI) |
6/14 |
0.53 |
70.87 |
2.99% |
21 |
|
Reliance Steel & Aluminum Co. |
(RS) |
6/7 |
1.1 |
298.37 |
1.47% |
14 |
|
TE Connectivity Ltd. |
(TEL) |
3/7 |
0.65 |
151.01 |
1.72% |
11 |
|
Vulcan Materials Company |
(VMC) |
6/7 |
0.46 |
259.1 |
0.71% |
11 |
|
Washington Federal, Inc. |
(WAFD) |
6/7 |
0.26 |
30.04 |
3.46% |
14 |
Thursday May 23 (Ex-Div 5/24)
|
Company |
Symbol |
Pay Date |
Payout |
Price |
Yield |
Years |
|
Atmos Energy Corporation |
(ATO) |
6/10 |
0.805 |
118.64 |
2.71% |
40 |
|
Northrop Grumman Corporation |
(NOC) |
6/12 |
2.06 |
470.22 |
1.75% |
21 |
|
Tractor Supply Company |
(TSCO) |
6/11 |
1.1 |
285.67 |
1.54% |
15 |
|
Yum! Brands, Inc. |
(YUM) |
6/7 |
0.67 |
141.66 |
1.89% |
7 |
Friday May 24 (Ex-Div 5/28)
|
Company |
Symbol |
Pay Date |
Payout |
Price |
Yield |
Years |
|
CRA International, Inc. |
(CRAI) |
6/14 |
0.42 |
170.64 |
0.98% |
8 |
|
Jack Henry & Associates, Inc. |
(JKHY) |
6/17 |
0.55 |
168.99 |
1.30% |
34 |
|
KeyCorp |
(KEY) |
6/14 |
0.205 |
15.4 |
5.32% |
13 |
|
S&P Global Inc. |
(SPGI) |
6/12 |
0.91 |
441.88 |
0.82% |
51 |
Money on the Way
The following companies have dividend pay dates in the upcoming week (Tuesday through the following Monday). Check if you want your DRIPs to reinvest at these yields…or take the cash and go have a steak dinner!
|
Company |
Symbol |
Pay Date |
Payout |
Yield |
|
Arrow Financial Corporation |
(AROW) |
5/24 |
0.27 |
4.3% |
|
Armstrong World Industries, Inc. |
(AWI) |
5/23 |
0.28 |
1.0% |
|
Brookline Bancorp, Inc. |
(BRKL) |
5/24 |
0.135 |
5.9% |
|
Cambridge Bancorp |
(CATC) |
5/23 |
0.67 |
3.8% |
|
Colony Bankcorp, Inc. |
(CBAN) |
5/22 |
0.1125 |
3.8% |
|
Community Healthcare Trust Incorporated |
(CHCT) |
5/24 |
0.46 |
7.6% |
|
Civista Bancshares, Inc. |
(CIVB) |
5/22 |
0.16 |
4.2% |
|
Cohen & Steers, Inc. |
(CNS) |
5/23 |
0.59 |
3.2% |
|
Cencora, Inc. |
(COR) |
5/24 |
0.51 |
0.9% |
|
Donegal Group Inc. A |
(DGICA) |
5/22 |
0.1725 |
5.2% |
|
Donegal Group Inc. B |
(DGICB) |
5/22 |
0.155 |
4.9% |
|
Dolby Laboratories, Inc. |
(DLB) |
5/22 |
0.3 |
1.4% |
|
Eaton Corporation plc |
(ETN) |
5/24 |
0.94 |
1.1% |
|
Diamondback Energy, Inc. |
(FANG) |
5/22 |
0.9 |
1.8% |
|
Fastenal Company |
(FAST) |
5/23 |
0.39 |
2.3% |
|
First Business Financial Services, Inc. |
(FBIZ) |
5/22 |
0.25 |
2.9% |
|
The First Bancshares, Inc. |
(FBMS) |
5/23 |
0.25 |
3.9% |
|
First Community Bankshares, Inc. |
(FCBC) |
5/24 |
0.29 |
3.2% |
|
Comfort Systems USA, Inc. |
(FIX) |
5/24 |
0.3 |
0.4% |
|
FS Bancorp, Inc. |
(FSBW) |
5/23 |
0.26 |
3.1% |
|
Heritage Financial Corporation |
(HFWA) |
5/22 |
0.23 |
4.8% |
|
Hilltop Holdings Inc. |
(HTH) |
5/24 |
0.17 |
2.1% |
|
J.B. Hunt Transport Services, Inc. |
(JBHT) |
5/24 |
0.43 |
1.0% |
|
Lithia Motors, Inc. |
(LAD) |
5/24 |
0.53 |
0.8% |
|
Landstar System, Inc. |
(LSTR) |
5/24 |
0.33 |
0.7% |
|
Midland States Bancorp, Inc. |
(MSBI) |
5/24 |
0.31 |
5.3% |
|
Northeast Indiana Bancorp, Inc. |
(OTCQB:NIDB) |
5/23 |
0.17 |
4.8% |
|
Nexstar Media Group, Inc. |
(NXST) |
5/24 |
1.69 |
4.0% |
|
Oil-Dri Corporation of America |
(ODC) |
5/24 |
0.29 |
1.4% |
|
Royal Bank of Canada |
(RY) |
5/24 |
1.38 CAD |
3.8% |
|
SB Financial Group, Inc. |
(SBFG) |
5/24 |
0.14 |
4.1% |
|
S&T Bancorp, Inc. |
(STBA) |
5/23 |
0.33 |
4.0% |
|
Standex International Corporation |
(SXI) |
5/24 |
0.3 |
0.7% |
|
Timberland Bancorp, Inc. |
(TSBK) |
5/24 |
0.24 |
3.7% |
|
Texas Instruments Incorporated |
(TXN) |
5/21 |
1.3 |
2.7% |
|
Waste Connections, Inc. |
(WCN) |
5/23 |
0.285 |
0.7% |
|
Woodlands Financial Services Company |
(OTCPK:WDFN) |
5/24 |
0.29 |
5.8% |
|
WSFS Financial Corporation |
(WSFS) |
5/24 |
0.15 |
1.3% |
|
Williams-Sonoma, Inc. |
(WSM) |
5/24 |
1.13 |
1.5% |
|
Wintrust Financial Corporation |
(WTFC) |
5/23 |
0.45 |
1.8% |
|
Zions Bancorporation, National Association |
(ZION) |
5/23 |
0.41 |
3.6% |
In Case You Missed It
Here are links to the last two weekly highlights:
Week of May 5
Week of May 12
I hope you found this article useful. Please let me know if you have any ideas for improving the format or data included in this series.
Editor’s Note: This article discusses one or more securities that do not trade on a major U.S. exchange. Please be aware of the risks associated with these stocks.
Credit: Source link
