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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 However, since this list is only produced once per month, the data in it can quickly get out of date.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 companies holding Champion (25+ years) or Contender (10-24 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 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 |
|
Federal Agricultural Mortgage Corporation |
(AGM) |
3/15 |
3/31 |
0.88 |
0.95 |
7.95% |
3.22% |
11 |
|
Best Buy Co., Inc. |
(BBY) |
3/11 |
4/14 |
0.7 |
0.88 |
25.71% |
3.32% |
19 |
|
Digital Realty Trust, Inc. |
(DLR.PK) |
3/14 |
3/31 |
1.16 |
1.22 |
5.17% |
3.50% |
18 |
|
General Dynamics Corporation |
(GD) |
4/7 |
5/6 |
1.19 |
1.26 |
5.88% |
2.05% |
31 |
|
Linde plc |
(LIN) |
3/10 |
3/25 |
1.06 |
1.17 |
10.38% |
1.66% |
29 |
|
QNB Corp. |
3/10 |
3/25 |
0.35 |
0.36 |
2.86% |
3.85% |
12 |
|
|
SpartanNash Company |
(SPTN) |
3/16 |
3/31 |
0.2 |
0.21 |
5.00% |
2.55% |
12 |
|
Steel Dynamics, Inc. |
(STLD) |
3/30 |
4/15 |
0.26 |
0.34 |
30.77% |
1.76% |
12 |
Decreases:
None
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 Mar 7 (Ex-Div 3/8)
|
Company |
Symbol |
Pay Date |
Payout |
Price |
Yield |
Years |
|
Assured Guaranty Ltd. |
(AGO) |
3/23 |
0.25 |
60.31 |
1.66% |
11 |
|
Cogent Communications Holdings, Inc. |
(CCOI) |
3/25 |
0.855 |
63.66 |
5.37% |
11 |
|
HP Inc. |
(HPQ) |
4/6 |
0.25 |
36.35 |
2.75% |
12 |
|
ITT Inc |
(ITT) |
4/4 |
0.264 |
79.89 |
1.32% |
10 |
|
Lancaster Colony Corporation |
(LANC) |
3/31 |
0.8 |
162.61 |
1.97% |
59 |
|
Monro, Inc. |
(MNRO) |
3/23 |
0.26 |
46.16 |
2.25% |
17 |
|
W. R. Berkley Corporation |
(WRB) |
3/23 |
0.13 |
90.09 |
0.58% |
20 |
Tuesday Mar 8 (Ex-Div 3/9)
|
Anthem, Inc. |
(ANTM) |
3/25 |
1.28 |
476.84 |
1.07% |
12 |
|
Auburn National Bancorporation, Inc. |
(AUBN) |
3/25 |
0.265 |
32.35 |
3.28% |
21 |
|
Becton, Dickinson and Company |
(BDX) |
3/31 |
0.87 |
275.42 |
1.26% |
50 |
|
CME Group Inc. |
(CME) |
3/25 |
1 |
243.77 |
1.64% |
12 |
|
Canadian National Railway Company |
(CNI) |
3/31 |
0.7325 CAD |
126.92 |
1.82% |
27 |
|
CNO Financial Group, Inc. |
(CNO) |
3/24 |
0.13 |
23.43 |
2.22% |
10 |
|
CTO Realty Growth, Inc. |
(CTO) |
3/31 |
1.08 |
66.34 |
6.51% |
10 |
|
The Home Depot, Inc. |
(HD) |
3/24 |
1.9 |
324.26 |
2.34% |
13 |
|
MDU Resources Group, Inc. |
(MDU) |
4/1 |
0.2175 |
26.46 |
3.29% |
30 |
|
Northrim BanCorp, Inc. |
(NRIM) |
3/18 |
0.41 |
44.48 |
3.69% |
13 |
|
Insperity, Inc. |
(NSP) |
3/24 |
0.45 |
89.89 |
2.00% |
11 |
|
Omnicom Group Inc. |
(OMC) |
4/8 |
0.7 |
79.73 |
3.51% |
12 |
|
Public Service Enterprise Group Incorporated |
(PEG) |
3/31 |
0.54 |
67.6 |
3.20% |
11 |
|
Principal Financial Group, Inc. |
(PFG) |
3/25 |
0.64 |
67.06 |
3.82% |
13 |
|
Pool Corporation |
(POOL) |
3/24 |
0.8 |
465.81 |
0.69% |
11 |
|
The Travelers Companies, Inc. |
(TRV) |
3/31 |
0.88 |
173.4 |
2.03% |
17 |
|
UMB Financial Corporation |
(UMBF) |
4/1 |
0.37 |
98.27 |
1.51% |
29 |
|
V.F. Corporation |
(VFC) |
3/21 |
0.5 |
54.93 |
3.64% |
49 |
Wednesday Mar 9 (Ex-Div 3/10)
|
Company |
Symbol |
Pay Date |
Payout |
Price |
Yield |
Years |
|
Automatic Data Processing, Inc. |
(ADP) |
4/1 |
1.04 |
208.46 |
2.00% |
46 |
|
AMERISAFE, Inc. |
(AMSF) |
3/25 |
0.31 |
46.86 |
2.65% |
10 |
|
Eaton Corporation plc |
(ETN) |
3/31 |
0.81 |
149.78 |
2.16% |
13 |
|
Evans Bancorp, Inc. |
(EVBN) |
4/5 |
0.62 |
39.05 |
3.18% |
11 |
|
Exponent, Inc. |
(EXPO) |
3/25 |
0.24 |
97.37 |
0.99% |
10 |
|
First Horizon Corporation |
(FHN) |
4/1 |
0.15 |
23.7 |
2.53% |
10 |
|
Lithia Motors, Inc. |
(LAD) |
3/25 |
0.35 |
335.49 |
0.42% |
12 |
|
L3Harris Technologies, Inc. |
(LHX) |
3/25 |
1.12 |
266.88 |
1.68% |
21 |
|
Linde plc |
(LIN) |
3/25 |
1.17 |
281.43 |
1.66% |
29 |
|
Nasdaq, Inc. |
(NDAQ) |
3/25 |
0.54 |
171.53 |
1.26% |
10 |
|
Reliance Steel & Aluminum Co. |
(RS) |
3/25 |
0.875 |
188.86 |
1.85% |
12 |
|
Spire Inc. |
(SR) |
4/4 |
0.685 |
70.79 |
3.87% |
19 |
|
The Hanover Insurance Group, Inc. |
(THG) |
3/25 |
0.75 |
143.37 |
2.09% |
17 |
|
WesBanco, Inc. |
(WSBC) |
4/1 |
0.34 |
35.06 |
3.88% |
12 |
Thursday Mar 10 (Ex-Div 3/11)
|
Company |
Symbol |
Pay Date |
Payout |
Price |
Yield |
Years |
|
UnitedHealth Group Incorporated |
(UNH) |
3/22 |
1.45 |
498.65 |
1.16% |
12 |
Friday Mar 11 (Ex-Div 3/14)
|
Company |
Symbol |
Pay Date |
Payout |
Price |
Yield |
Years |
|
Atrion Corporation |
(ATRI) |
3/31 |
1.95 |
724.2 |
1.08% |
19 |
|
Avient Corporation |
(AVNT) |
4/7 |
0.2375 |
50.22 |
1.89% |
12 |
|
Broadridge Financial Solutions, Inc. |
(BR) |
4/5 |
0.64 |
147.44 |
1.74% |
15 |
|
Community Bank System, Inc. |
(CBU) |
4/11 |
0.43 |
72.55 |
2.37% |
30 |
|
C&F Financial Corporation |
(CFFI) |
4/1 |
0.4 |
50.05 |
3.20% |
10 |
|
Comerica Incorporated |
(CMA) |
4/1 |
0.68 |
90.22 |
3.01% |
12 |
|
ChoiceOne Financial Services, Inc. |
(COFS) |
3/31 |
0.25 |
25.57 |
3.91% |
10 |
|
Chesapeake Utilities Corporation |
(CPK) |
4/5 |
0.48 |
140.19 |
1.37% |
18 |
|
Community Trust Bancorp, Inc. |
(CTBI) |
4/1 |
0.4 |
42.49 |
3.77% |
41 |
|
Digital Realty Trust, Inc. |
(DLR.PK) |
3/31 |
1.22 |
139.24 |
3.50% |
18 |
|
Ecolab Inc. |
(ECL) |
4/15 |
0.51 |
168.11 |
1.21% |
30 |
|
Eastman Chemical Company |
(EMN) |
4/1 |
0.76 |
114.86 |
2.65% |
12 |
|
Extra Space Storage Inc. |
(EXR) |
3/31 |
1.5 |
200.89 |
2.99% |
13 |
|
The Coca-Cola Company |
(KO) |
4/1 |
0.44 |
62.57 |
2.81% |
60 |
|
Leggett & Platt, Incorporated |
(LEG) |
4/15 |
0.42 |
37.3 |
4.50% |
50 |
|
Merck & Co., Inc. |
(MRK) |
4/7 |
0.69 |
77.83 |
3.55% |
11 |
|
Motorola Solutions, Inc. |
(MSI) |
4/14 |
0.79 |
222.96 |
1.42% |
12 |
|
NewMarket Corporation |
(NEU) |
4/1 |
2.1 |
332.87 |
2.52% |
16 |
|
NorthWestern Corporation |
(NWE) |
3/31 |
0.63 |
61.8 |
4.08% |
18 |
|
Prosperity Bancshares, Inc. |
(PB) |
4/1 |
0.52 |
71.06 |
2.93% |
24 |
|
RenaissanceRe Holdings Ltd. |
(RNR) |
3/31 |
0.37 |
144.53 |
1.02% |
27 |
|
Service Corporation International |
(SCI) |
3/31 |
0.25 |
61.91 |
1.62% |
12 |
|
Simmons First National Corporation |
(SFNC) |
4/4 |
0.19 |
27.71 |
2.74% |
11 |
|
Telephone and Data Systems, Inc. |
(TDS) |
3/31 |
0.18 |
17.96 |
4.01% |
48 |
|
T. Rowe Price Group, Inc. |
(TROW) |
3/30 |
1.2 |
138.75 |
3.46% |
36 |
|
UGI Corporation |
(UGI) |
4/1 |
0.345 |
36.34 |
3.80% |
34 |
|
Worthington Industries, Inc. |
(WOR) |
3/29 |
0.28 |
59.96 |
1.87% |
11 |
|
Xcel Energy Inc. |
(XEL) |
4/20 |
0.4875 |
71.26 |
2.74% |
19 |
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 |
|
Analog Devices, Inc. |
(ADI) |
3/8 |
0.76 |
1.9% |
|
American Electric Power Company, Inc. |
(AEP) |
3/10 |
0.78 |
3.2% |
|
Amgen Inc. |
(AMGN) |
3/8 |
1.94 |
3.3% |
|
Badger Meter, Inc. |
(BMI) |
3/11 |
0.2 |
0.8% |
|
Cabot Corporation |
(CBT) |
3/11 |
0.37 |
2.1% |
|
Celanese Corporation |
(CE) |
3/8 |
0.68 |
1.9% |
|
Chevron Corporation |
(CVX) |
3/10 |
1.42 |
3.6% |
|
Emerson Electric Co. |
(EMR) |
3/10 |
0.515 |
2.2% |
|
Evercore Inc. |
(EVR) |
3/11 |
0.68 |
2.3% |
|
The Gorman-Rupp Company |
(GRC) |
3/10 |
0.17 |
1.8% |
|
Huntington Ingalls Industries, Inc. |
(HII) |
3/11 |
1.18 |
2.2% |
|
Home Bancshares, Inc. (Conway, AR) |
(HOMB) |
3/9 |
0.165 |
3.0% |
|
Honeywell International Inc. |
(HON) |
3/11 |
0.98 |
2.1% |
|
International Business Machines Corporation |
(IBM) |
3/10 |
1.64 |
5.2% |
|
Johnson & Johnson |
(JNJ) |
3/8 |
1.06 |
2.5% |
|
Littelfuse, Inc. |
(LFUS) |
3/10 |
0.53 |
0.9% |
|
Landstar System, Inc. |
(LSTR) |
3/11 |
0.25 |
0.6% |
|
LyondellBasell Industries N.V. |
(LYB) |
3/14 |
1.13 |
4.7% |
|
Microchip Technology Incorporated |
(MCHP) |
3/8 |
0.253 |
1.5% |
|
Magna International Inc. |
(MGA) |
3/11 |
0.45 |
2.9% |
|
MSA Safety Incorporated |
(MSA) |
3/10 |
0.44 |
1.3% |
|
Microsoft Corporation |
(MSFT) |
3/10 |
0.62 |
0.9% |
|
Nordson Corporation |
(NDSN) |
3/8 |
0.51 |
0.9% |
|
Nu Skin Enterprises, Inc. |
(NUS) |
3/9 |
0.385 |
3.3% |
|
PPG Industries, Inc. |
(PPG) |
3/11 |
0.59 |
1.9% |
|
Primerica, Inc. |
(PRI) |
3/14 |
0.55 |
1.8% |
|
Prudential Financial, Inc. |
(PRU) |
3/11 |
1.2 |
4.5% |
|
Rockwell Automation, Inc. |
(ROK) |
3/10 |
1.12 |
1.7% |
|
The Sherwin-Williams Company |
(SHW) |
3/11 |
0.6 |
0.9% |
|
The Scotts Miracle-Gro Company |
(SMG) |
3/10 |
0.66 |
1.9% |
|
Snap-on Incorporated |
(SNA) |
3/10 |
1.42 |
2.7% |
|
Sonoco Products Company |
(SON) |
3/10 |
0.45 |
3.1% |
|
S&P Global Inc. |
(SPGI) |
3/10 |
0.77 |
0.8% |
|
Target Corporation |
(TGT) |
3/10 |
0.9 |
1.6% |
|
Tractor Supply Company |
(TSCO) |
3/8 |
0.92 |
1.7% |
|
United Parcel Service, Inc. |
(UPS) |
3/10 |
1.52 |
2.9% |
|
Walgreens Boots Alliance, Inc. |
(WBA) |
3/11 |
0.4775 |
4.0% |
|
Exxon Mobil Corporation |
(XOM) |
3/10 |
0.88 |
4.2% |
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.
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.
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