Dividend Champion, Contender, And Challenger Highlights: Week Of April 3

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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 However, since this list is only produced once per month, the data in it can quickly get out of date.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 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

Glacier Bancorp, Inc.

(GBCI)

4/11

4/21

0.32

0.33

3.13%

2.63%

11

Bank OZK

(OZK)

4/14

4/22

0.3

0.31

3.33%

2.95%

26

The PNC Financial Services Group, Inc.

(PNC)

4/12

5/5

1.25

1.5

20.00%

3.31%

12

Watsco, Inc.

(WSO)

4/13

4/29

1.95

2.2

12.82%

2.89%

9

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 Apr 4 (Ex-Div 4/5)

Company

Symbol

Pay Date

Payout

Price

Yield

Years

Comcast Corporation

(CMCSA)

4/27

0.27

47.7

2.26%

15

Cisco Systems, Inc.

(CSCO)

4/27

0.38

55.66

2.73%

12

Quest Diagnostics Incorporated

(DGX)

4/20

0.66

136.33

1.94%

11

JPMorgan Chase & Co.

(JPM)

4/30

1

135.31

2.96%

11

Marsh & McLennan Companies, Inc.

(MMC)

5/13

0.535

171.68

1.25%

12

Thor Industries, Inc.

(THO)

4/20

0.43

78.69

2.19%

12

The Toro Company

(TTC)

4/21

0.3

86.5

1.39%

13

Tuesday Apr 5 (Ex-Div 4/6)

Company

Symbol

Pay Date

Payout

Price

Yield

Years

ABM Industries Incorporated

(ABM)

5/2

0.195

46.38

1.68%

55

Simpson Manufacturing Co., Inc.

(SSD)

4/28

0.25

110.8

0.90%

8

Wednesday Apr 6 (Ex-Div 4/7)

Company

Symbol

Pay Date

Payout

Price

Yield

Years

Brady Corporation

(BRC)

4/29

0.225

46.5

1.94%

36

General Dynamics Corporation

(GD)

5/6

1.26

242.51

2.08%

31

Gentex Corporation

(GNTX)

4/20

0.12

29.38

1.63%

11

Horizon Bancorp, Inc.

(HBNC)

4/22

0.15

18.89

3.18%

11

Mastercard Incorporated

(MA)

5/9

0.49

363.97

0.54%

11

NetApp, Inc.

(NTAP)

4/27

0.5

82.2

2.43%

9

Oracle Corporation

(ORCL)

4/21

0.32

82.01

1.56%

13

The Toronto-Dominion Bank

(TD)

4/30

0.89 CAD

79.5

3.54%

8

Verizon Communications Inc.

(VZ)

5/2

0.64

52.12

4.91%

17

Thursday Apr 7 (Ex-Div 4/8)

Company

Symbol

Pay Date

Payout

Price

Yield

Years

Culp, Inc.

(CULP)

4/19

0.115

7.93

5.80%

11

The First Bancorp, Inc.

(FNLC)

4/22

0.32

30

4.27%

8

Hormel Foods Corporation

(HRL)

5/16

0.26

52.42

1.98%

54

Intuit Inc.

(INTU)

4/18

0.68

483.93

0.56%

11

Lincoln National Corporation

(LNC)

5/2

0.45

65.67

2.74%

12

McCormick & Company, Incorporated

(MKC)

4/25

0.37

101.92

1.45%

35

OGE Energy Corp.

(OGE)

4/29

0.41

41.28

3.97%

15

Riverview Bancorp, Inc.

(RVSB)

4/21

0.055

7.55

2.91%

7

UDR, Inc.

(UDR)

5/2

0.38

58.98

2.58%

12

Universal Corporation

(UVV)

5/2

0.78

58.98

5.29%

51

Friday Apr 8 (Ex-Div 4/11)

Company

Symbol

Pay Date

Payout

Price

Yield

Years

Glacier Bancorp, Inc.

(GBCI)

4/21

0.33

50.2

2.63%

11

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

Air Lease Corporation

(AL)

4/7

0.185

1.7%

Alerus Financial Corporation

(ALRS)

4/8

0.16

2.3%

Avient Corporation

(AVNT)

4/7

0.2375

2.0%

Broadridge Financial Solutions, Inc.

(BR)

4/5

0.64

1.6%

Chubb Limited

(CB)

4/8

0.8

1.5%

Community Bank System, Inc.

(CBU)

4/11

0.43

2.4%

CyrusOne Inc.

(CONE)

4/8

0.52

1733.3%

Chesapeake Utilities Corporation

(CPK)

4/5

0.48

1.4%

Equity LifeStyle Properties, Inc.

(ELS)

4/8

0.41

2.1%

Evans Bancorp, Inc.

(EVBN)

4/5

0.62

3.3%

FirstService Corporation

(FSV)

4/7

0.2025

0.6%

Great Southern Bancorp, Inc.

(GSBC)

4/11

0.36

2.4%

Getty Realty Corp.

(GTY)

4/7

0.41

5.6%

The Hackett Group, Inc.

(HCKT)

4/8

0.11

1.9%

Hamilton Lane Incorporated

(HLNE)

4/6

0.35

1.8%

HP Inc.

(HPQ)

4/6

0.25

2.8%

Healthcare Trust of America, Inc.

(HTA)

4/11

0.325

4.1%

Hurco Companies, Inc.

(HURC)

4/11

0.15

1.9%

International Flavors & Fragrances Inc.

(IFF)

4/6

0.79

2.4%

Independent Bank Corp.

(INDB)

4/8

0.51

2.5%

Lam Research Corporation

(LRCX)

4/6

1.5

1.1%

Merck & Co., Inc.

(MRK)

4/7

0.69

3.3%

NXP Semiconductors N.V.

(NXPI)

4/6

0.845

1.9%

Owens Corning

(OC)

4/7

0.35

1.5%

Omnicom Group Inc.

(OMC)

4/8

0.7

3.4%

Restaurant Brands International Inc.

(QSR)

4/6

0.54

3.7%

Regency Centers Corporation

(REG)

4/5

0.625

3.5%

ServisFirst Bancshares, Inc.

(SFBS)

4/8

0.23

1.0%

South Jersey Industries, Inc.

(SJI)

4/5

0.31

3.6%

Schneider National, Inc.

(SNDR)

4/8

0.08

1.4%

State Street Corporation

(STT)

4/11

0.57

2.7%

TowneBank

(TOWN)

4/8

0.2

2.7%

Terreno Realty Corporation

(TRNO)

4/8

0.34

1.8%

United Community Banks, Inc.

(UCBI)

4/5

0.21

2.5%

Utah Medical Products, Inc.

(UTMD)

4/5

0.29

1.3%

Washington Trust Bancorp, Inc.

(WASH)

4/8

0.54

4.1%

DENTSPLY SIRONA Inc.

(XRAY)

4/8

0.125

1.0%

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.

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