Dividend Increases: March 20-26, 2021

Mar. 29, 2021 11:19 AM ETGL, WOR14 Comments
FerdiS
27.71K Followers

Summary

  • In this article series, we provide a weekly summary of dividend changes.
  • A summary table presents relevant data and key statistics of dividend increases.
  • We highlight one of the stocks and present performance, valuation, and earnings charts.

We monitor dividend announcements for stocks in Dividend Radar, a spreadsheet of stocks with dividend streaks of five years or more. Readers are invited to download the spreadsheet for free. The Dividend Radar spreadsheet separates stocks into categories three categories: Champions (with increase streaks of 25+ years), Contenders (10-24 years), and Challengers (5-9 years).

This past week, two companies in Dividend Radar decided to increase their dividends. Note there were no dividend cuts or suspensions announced for Dividend Radar stocks during this period.

The following table provides 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 a recent price and Yrs are years of consecutive dividend increases.

Summary of Dividend Increases: March 20-26, 2021
Previous Post: Dividend Increases: March 13-19, 2021

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.

Globe Life Inc. (GL)

GL, through its subsidiaries, provides various life and supplemental health insurance products, and annuities to lower-middle to middle-income households in the United States. The company operates through four segments: Life Insurance, Supplemental Health Insurance, Annuities, and Investments. GL was incorporated in 1979 and is headquartered in McKinney, Texas.

  • On Mar 26, GL declared a quarterly dividend of 19.75¢ per share.
  • This is an increase of 5.33% from the prior dividend of 18.75¢.
  • Payable Apr 30, to shareholders of record on Apr 5; ex-div: Apr 1.

Worthington Industries, Inc. (WOR)

Founded in 1955 and headquartered in Columbus, Ohio, WOR is a metals manufacturing company focused on value-added steel processing and

This article was written by

27.71K Followers
FerdiS invests in dividend growth stocks and writes options to boost dividend income. He manages DivGro, a portfolio of mainly dividend growth stocks created in January 2013. He tracks his portfolio at DivGro-2-0.com. With investment and trading experience spanning more than 20 years, FerdiS enjoys writing articles about dividend growth investing, options trading, stock selection, portfolio management, and passive income generation. FerdiS collaborates with the founders of Portfolio Insight, an online platform for portfolio management and investment analysis. We maintain and publish Dividend Radar, a weekly free spreadsheet of dividend growth stocks.

Analyst’s 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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SymbolLast Price% Chg
GL--
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WOR--
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