This article was co-produced with James Marino Sr. of Portfolio Insight.
We monitor dividend increases for stocks using [Dividend Radar], a weekly automatically generated spreadsheet listing stocks with dividend streaks of five years or more. The Dividend Radar spreadsheet separates stocks into categories based on the length of the streak: Champions (25+ years), Contenders (10- 24 years), and Challengers (5-9 years).
In the past week, two companies in Dividend Radar announced dividend increases, while none announced dividend cuts or suspensions.
The table below presents a summary of the dividend increases.
The table is sorted into sections for Champions, Contenders, and Challengers, and then by the percentage increase, %Incr. Dividends are annualized and in US$, unless otherwise indicated. Yield is the new dividend yield for the market close Price on the date listed. Yrs are years of consecutive dividend increases, while 5-yr DGR is the compound annual growth rate of the dividend over a 5-year period.
Some companies increase their dividends more than once a year, so the last column (1-yr DGR) indicates the percentage increase from the year-ago dividend.
Summary of Dividend Increases: December 19-25, 2020 |
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Previous Post: Dividend Changes: December 12-18, 2020 |
Source: Created by the authors from data in Dividend Radar.
The following dividend increase data are sorted alphabetically by ticker.
Company descriptions are the author's summary of company descriptions sourced from Finviz.
Bank First Corporation (BFC)
Founded in 1894 and headquartered in Manitowoc, Wisconsin, BFC operates as a holding company for Bank First N.A. that provides consumer and commercial financial services to individuals and businesses in northeastern and western Wisconsin. BFC was formerly known as Bank First National Corporation and changed its name to Bank First Corporation in June 2019.
- On Dec 21, BFC declared a quarterly dividend of 21¢ per share.
