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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 However, since this list is only produced once per month, the data in it can quickly get out of date.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 |
|
Enterprise Bancorp, Inc. |
(EBTC) |
2/7 |
3/1 |
0.205 |
0.23 |
12.20% |
2.59% |
31 |
|
Consolidated Edison, Inc. |
(ED) |
2/14 |
3/15 |
0.79 |
0.81 |
2.53% |
3.45% |
49 |
|
Fastenal Company |
(FAST) |
2/1 |
3/2 |
0.31 |
0.35 |
12.90% |
2.86% |
24 |
|
Franco-Nevada Corporation |
(FNV) |
3/15 |
3/30 |
0.32 |
0.34 |
6.25% |
0.92% |
16 |
|
Graham Holdings Company |
(GHC) |
2/1 |
2/16 |
1.58 |
1.65 |
4.43% |
1.07% |
7 |
|
Heartland Financial USA, Inc. |
(HTLF) |
2/9 |
2/28 |
0.28 |
0.3 |
7.14% |
2.59% |
7 |
|
J.B. Hunt Transport Services, Inc. |
(JBHT) |
2/9 |
2/24 |
0.4 |
0.42 |
5.00% |
0.89% |
20 |
|
Mercantile Bank Corporation |
(MBWM) |
3/2 |
3/15 |
0.32 |
0.33 |
3.13% |
3.96% |
12 |
|
Union Bankshares, Inc. |
(UNB) |
1/26 |
2/2 |
0.35 |
0.36 |
2.86% |
5.76% |
11 |
Decreases:
None
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 Jan 23 (Ex-Div 1/24)
|
Company |
Symbol |
Pay Date |
Payout |
Price |
Yield |
Years |
|
The Clorox Company |
(CLX) |
2/10 |
1.18 |
142.56 |
3.31% |
45 |
|
Kaiser Aluminum Corporation |
(KALU) |
2/15 |
0.77 |
85.26 |
3.61% |
11 |
|
Lakeland Financial Corporation |
(LKFN) |
2/6 |
0.46 |
74.11 |
2.48% |
12 |
|
Lowe’s Companies, Inc. |
(LOW) |
2/8 |
1.05 |
204.53 |
2.05% |
60 |
|
West Pharmaceutical Services, Inc. |
(WST) |
2/1 |
0.19 |
259.55 |
0.29% |
30 |
Tuesday Jan 24 (Ex-Div 1/25)
|
Company |
Symbol |
Pay Date |
Payout |
Price |
Yield |
Years |
|
First Republic Bank |
(FRC) |
2/9 |
0.27 |
136.18 |
0.79% |
11 |
|
Marsh & McLennan Companies, Inc. |
(MMC) |
2/15 |
0.59 |
173.12 |
1.36% |
13 |
|
Royal Bank of Canada |
(RY) |
2/24 |
1.32 CAD |
100.68 |
3.93% |
8 |
Wednesday Jan 25 (Ex-Div 1/26)
|
Company |
Symbol |
Pay Date |
Payout |
Price |
Yield |
Years |
|
Pfizer Inc. |
(PFE) |
3/3 |
0.41 |
45.11 |
3.64% |
13 |
|
Union Bankshares, Inc. |
(UNB) |
2/2 |
0.36 |
25 |
5.76% |
11 |
|
Unum Group |
(UNM) |
2/17 |
0.33 |
40.3 |
3.28% |
14 |
Thursday Jan 26 (Ex-Div 1/27)
|
Company |
Symbol |
Pay Date |
Payout |
Price |
Yield |
Years |
|
Bank of Montreal |
(BMO) |
2/28 |
1.43 CAD |
98.85 |
4.34% |
8 |
|
Home Federal Bancorp, Inc. of Louisiana |
(HFBL) |
2/13 |
0.12 |
18.01 |
2.67% |
9 |
|
Value Line, Inc. |
(VALU) |
2/10 |
0.25 |
52 |
1.92% |
8 |
Friday Jan 27 (Ex-Div 1/30)
|
Company |
Symbol |
Pay Date |
Payout |
Price |
Yield |
Years |
|
Agree Realty Corporation |
(ADC) |
2/14 |
0.24 |
74.31 |
3.88% |
10 |
|
A. O. Smith Corporation |
(AOS) |
2/15 |
0.3 |
59.15 |
2.03% |
29 |
|
Apogee Enterprises, Inc. |
(APOG) |
2/15 |
0.24 |
44.17 |
2.17% |
12 |
|
Sierra Bancorp |
(BSRR) |
2/13 |
0.23 |
21.81 |
4.22% |
10 |
|
Enterprise Products Partners L.P. |
(EPD) |
2/14 |
0.49 |
25.74 |
7.61% |
26 |
|
Kinder Morgan, Inc. |
(KMI) |
2/15 |
0.2775 |
18.64 |
5.95% |
5 |
|
Morgan Stanley |
(MS) |
2/15 |
0.775 |
96.24 |
3.22% |
9 |
|
National Retail Properties, Inc. |
(NNN) |
2/15 |
0.55 |
47.11 |
4.67% |
33 |
|
Northwest Natural Holding Company |
(NWN) |
2/15 |
0.485 |
48.76 |
3.98% |
67 |
|
Realty Income Corporation |
(O) |
2/15 |
0.2485 |
66.38 |
4.49% |
30 |
|
STAG Industrial, Inc. |
(STAG) |
2/15 |
0.1225 |
34.5 |
4.26% |
13 |
|
Texas Instruments Incorporated |
(TXN) |
2/14 |
1.24 |
173 |
2.87% |
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 |
|
Agilent Technologies, Inc. |
(A) |
1/25 |
0.225 |
0.6% |
|
American Financial Group, Inc. |
(AFG) |
1/25 |
0.63 |
1.8% |
|
The Bank of Nova Scotia |
(BNS) |
1/27 |
1.03 CAD |
6.0% |
|
Canadian Imperial Bank of Commerce |
(CM) |
1/27 |
0.85 CAD |
5.9% |
|
Comcast Corporation |
(CMCSA) |
1/25 |
0.27 |
2.7% |
|
Cisco Systems, Inc. |
(CSCO) |
1/25 |
0.38 |
3.2% |
|
Dillard’s, Inc. |
(DDS) |
1/30 |
0.2 |
0.2% |
|
Danaher Corporation |
(DHR) |
1/27 |
0.25 |
0.4% |
|
Amdocs Limited |
(DOX) |
1/27 |
0.395 |
1.7% |
|
First Bancorp |
(FBNC) |
1/25 |
0.22 |
2.2% |
|
Humana Inc. |
(HUM) |
1/27 |
0.7875 |
0.6% |
|
IDEX Corporation |
(IEX) |
1/27 |
0.6 |
1.0% |
|
Ingredion Incorporated |
(INGR) |
1/24 |
0.71 |
2.8% |
|
Johnson Outdoors Inc. |
(JOUT) |
1/26 |
0.31 |
1.8% |
|
NetApp, Inc. |
(NTAP) |
1/25 |
0.5 |
3.1% |
|
OGE Energy Corp. |
(OGE) |
1/27 |
0.4141 |
4.3% |
|
Oracle Corporation |
(ORCL) |
1/24 |
0.32 |
1.5% |
|
Bank OZK |
(OZK) |
1/24 |
0.34 |
3.2% |
|
Simpson Manufacturing Co., Inc. |
(SSD) |
1/26 |
0.26 |
1.0% |
|
Sysco Corporation |
(SYY) |
1/27 |
0.49 |
2.5% |
In Case You Missed It
Here are links to the last two weekly highlights:
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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