Introduction
The Dividend Champions list is a monthly compilation of companies which have consistently increased their annual dividend payouts, and the latest edition may be found here. However, since this list is only produced once per month, the data in it can quickly get out of date. Furthermore, with close to 900 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 companies holding Challenger (5-9 years) status.
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 Increases
In the past week, the following companies declared dividends which were higher than their previous payouts.
|
Company |
Symbol |
Ex-Div |
Pay |
Old Rate |
New Rate |
Increase |
Yield |
Years |
|
Independence Holding Company |
(IHC) |
6/12 |
6/29 |
0.2 |
0.22 |
10.00% |
3.26% |
7 |
|
UDR Inc. |
(UDR) |
4/9 |
4/30 |
0.3425 |
0.36 |
5.11% |
4.50% |
10 |
Last Chance to Buy
These companies 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 March 23 (Ex-Div 3/24)
|
Company |
Symbol |
Pay Date |
Payout |
Price |
Yield |
Years |
|
Armada Hoffler Properties Inc. |
(AHH) |
4/2 |
0.22 |
8.2 |
10.73% |
8 |
|
Kimball International Inc. |
(KBAL) |
4/15 |
0.09 |
8.8 |
4.09% |
5 |
|
Lam Research Corp. |
(LRCX) |
4/8 |
1.15 |
187.89 |
2.45% |
6 |
Tuesday March 24 (Ex-Div 3/25)
|
Company |
Symbol |
Pay Date |
Payout |
Price |
Yield |
Years |
|
Getty Realty Corp. |
(GTY) |
4/9 |
0.37 |
18.34 |
8.07% |
8 |
|
Vail Resorts Inc. |
(MTN) |
4/9 |
1.76 |
145.1 |
4.85% |
9 |
Wednesday March 25 (Ex-Div 3/26)
|
Company |
Symbol |
Pay Date |
Payout |
Price |
Yield |
Years |
|
Agree Realty Corp. |
(ADC) |
4/9 |
0.585 |
52.71 |
4.44% |
8 |
|
CyrusOne Inc. |
(CONE) |
4/10 |
0.5 |
45.07 |
4.44% |
7 |
|
Danaher Corp. |
(DHR) |
4/24 |
0.18 |
123.81 |
0.58% |
7 |
|
First Midwest Bancorp |
(FMBI) |
4/7 |
0.14 |
13.04 |
4.29% |
7 |
|
Terreno Realty Corp. |
(TRNO) |
4/10 |
0.27 |
44.09 |
2.45% |
9 |
|
Dentsply Sirona Inc. |
(XRAY) |
4/10 |
0.1 |
32.82 |
1.22% |
8 |
Thursday March 26 (Ex-Div 3/27)
|
Company |
Symbol |
Pay Date |
Payout |
Price |
Yield |
Years |
|
Great Southern Bancorp Inc. |
(GSBC) |
4/14 |
0.34 |
33.92 |
4.01% |
6 |
|
Hurco Companies Inc. |
(HURC) |
4/13 |
0.13 |
23.48 |
2.21% |
8 |
|
Independent Bank Corp. |
(INDB) |
4/9 |
0.46 |
60.32 |
3.05% |
10 |
|
TowneBank |
(TOWN) |
4/10 |
0.18 |
16.93 |
4.25% |
8 |
Friday March 27 (Ex-Div 3/30)
|
Company |
Symbol |
Pay Date |
Payout |
Price |
Yield |
Years |
|
Agilent Technologies Inc. |
(A) |
4/22 |
0.18 |
66.46 |
1.08% |
9 |
|
Acadia Realty Trust |
(AKR) |
4/15 |
0.29 |
14.79 |
7.84% |
7 |
|
AvalonBay Communities Inc. |
(AVB) |
4/15 |
1.59 |
131.62 |
4.83% |
9 |
|
B&G Foods Inc. |
(BGS) |
4/30 |
0.475 |
17.61 |
10.79% |
9 |
|
CareTrust REIT Inc. |
(CTRE) |
4/15 |
0.25 |
12.56 |
7.96% |
7 |
|
Dillard’s Inc. |
(DDS) |
5/4 |
0.15 |
41.92 |
1.43% |
9 |
|
Amdocs Limited |
(DOX) |
4/24 |
0.3275 |
46.66 |
2.81% |
9 |
|
EastGroup Properties Inc. |
(EGP) |
4/15 |
0.75 |
89.83 |
3.34% |
8 |
|
First Industrial Realty Trust Inc. |
(FR) |
4/20 |
0.25 |
27.74 |
3.60% |
8 |
|
FirstService Corp. |
(FSV) |
4/7 |
0.165 |
67.33 |
0.98% |
6 |
|
Mondelez International Inc. |
(MDLZ) |
4/14 |
0.285 |
43.32 |
2.63% |
8 |
|
Medifast, Inc. |
(MED) |
5/6 |
1.13 |
54.75 |
8.26% |
5 |
|
National Research Corporation |
(NRC) |
4/15 |
0.21 |
39.39 |
2.13% |
6 |
|
Rexford Industrial Realty Inc. |
(REXR) |
4/15 |
0.215 |
33.95 |
2.53% |
7 |
|
Ryman Hospitality Properties Inc. |
(RHP) |
4/15 |
0.95 |
21.49 |
17.68% |
8 |
|
Steel Dynamics Inc. |
(STLD) |
4/10 |
0.25 |
18.81 |
5.32% |
10 |
|
STORE Capital Corp. |
(STOR) |
4/15 |
0.35 |
17.82 |
7.86% |
5 |
|
Umpqua Holdings Corp. |
(UMPQ) |
4/15 |
0.21 |
10.63 |
7.90% |
9 |
|
U.S. Bancorp |
(USB) |
4/15 |
0.42 |
32.57 |
5.16% |
9 |
|
Willis Towers Watson plc |
(WLTW) |
4/15 |
0.68 |
152.63 |
1.78% |
9 |
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 |
|
American Assets Trust Inc. |
(AAT) |
3/26 |
0.3 |
5.3% |
|
Assured Guaranty Ltd. |
(AGO) |
3/25 |
0.2 |
3.9% |
|
Great Ajax Corp. |
(AJX) |
3/27 |
0.32 |
20.9% |
|
Amerisafe Inc. |
(AMSF) |
3/27 |
0.27 |
2.0% |
|
Bank of America Corp. |
(BAC.PK) |
3/27 |
0.18 |
3.7% |
|
Cogent Communications Holdings Inc. |
(CCOI) |
3/27 |
0.66 |
3.5% |
|
CNO Financial Group Inc. |
(CNO) |
3/24 |
0.11 |
4.5% |
|
Core-Mark Holding Company |
(CORE) |
3/27 |
0.12 |
2.1% |
|
CSG Systems International Inc. |
(CSGS) |
3/25 |
0.235 |
2.5% |
|
Dick’s Sporting Goods Inc. |
(DKS) |
3/27 |
0.3125 |
7.4% |
|
Domino’s Pizza Inc. |
(DPZ) |
3/30 |
0.78 |
1.0% |
|
Expedia Group Inc. |
(EXPE) |
3/26 |
0.34 |
2.8% |
|
Exponent Inc. |
(EXPO) |
3/27 |
0.19 |
1.3% |
|
Flushing Financial Corp. |
(FFIC) |
3/27 |
0.21 |
7.9% |
|
Gilead Sciences Inc. |
(GILD) |
3/30 |
0.68 |
3.7% |
|
Goldman Sachs Group Inc. |
(GS.PK) |
3/30 |
1.25 |
3.6% |
|
Southwest Airlines Co. |
(LUV) |
3/25 |
0.18 |
2.3% |
|
Las Vegas Sands Corp. |
(LVS) |
3/26 |
0.79 |
7.3% |
|
Moelis & Company |
(MC) |
3/27 |
0.51 |
8.1% |
|
MutualFirst Financial Inc. |
(MFSF) |
3/27 |
0.2 |
2.9% |
|
Nasdaq Inc. |
(NDAQ) |
3/27 |
0.47 |
2.3% |
|
Pool Corp. |
(POOL) |
3/26 |
0.55 |
1.3% |
|
Everest Re Group Ltd. |
(RE) |
3/30 |
1.55 |
3.2% |
|
Reliance Steel & Aluminum Co. |
(RS) |
3/27 |
0.625 |
3.4% |
|
Extended Stay America Inc. |
(STAY) |
3/26 |
0.23 |
13.0% |
|
TriCo Bancshares |
(TCBK) |
3/27 |
0.22 |
3.4% |
|
TFS Financial Corporation |
(TFSL) |
3/24 |
0.28 |
7.5% |
|
Texas Roadhouse Inc. |
(TXRH) |
3/27 |
0.36 |
4.0% |
|
Unity Bancorp Inc. |
(UNTY) |
3/27 |
0.08 |
2.6% |
|
Worthington Industries Inc. |
(WOR) |
3/27 |
0.24 |
4.5% |
Conclusion
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.
Looking for more in depth analysis of high quality dividend stocks? Check out the Dividend Kings marketplace service!
Disclosure: I/we have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
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