Dividend Champion, Contender, And Challenger Highlights: Week Of March 27

Summary

  • A weekly summary of dividend activity for Dividend Champions, Contenders, and Challengers.
  • Companies which changed their dividends.
  • Companies with upcoming ex-dividend dates.
  • Companies with upcoming pay dates.
  • I do much more than just articles at The Dividend Kings: Members get access to model portfolios, regular updates, a chat room, and more. Learn More »

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 However, since this list is only produced once per month, the data in it can quickly get out of date.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

Southern Michigan Bancorp, Inc.

(OTCPK:SOMC)

4/7

4/22

0.12

0.13

8.33%

2.45%

11

Trinity Bank, N.A.

(OTCPK:TYBT)

4/14

4/29

0.73

0.75

2.74%

1.87%

11

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 28 (Ex-Div 3/29)

Company

Symbol

Pay Date

Payout

Price

Yield

Years

TowneBank

(TOWN)

4/8

0.2

30.66

2.61%

10

Tuesday Mar 29 (Ex-Div 3/30)

Company

Symbol

Pay Date

Payout

Price

Yield

Years

Agree Realty Corporation

(ADC)

4/14

0.227

65.44

4.16%

9

Algonquin Power & Utilities Corp.

(AQN)

4/14

0.1706

15.45

4.42%

13

Alexandria Real Estate Equities, Inc.

(ARE)

4/15

1.15

195

2.36%

12

AvalonBay Communities, Inc.

(AVB)

4/15

1.59

247.24

2.57%

10

AXIS Capital Holdings Limited

(AXS)

4/18

0.43

57.84

2.97%

20

BancFirst Corporation

(BANF)

4/15

0.36

83.7

1.72%

28

Franklin Resources, Inc.

(BEN)

4/14

0.29

27.83

4.17%

42

Camden Property Trust

(CPT)

4/18

0.94

164.75

2.28%

12

CareTrust REIT, Inc.

(CTRE)

4/15

0.275

19.04

5.78%

9

Curtiss-Wright Corporation

(CW)

4/14

0.18

156.19

0.46%

5

Dillard's, Inc.

(DDS)

5/2

0.2

272.17

0.29%

11

Amdocs Limited

(DOX)

4/29

0.395

81.9

1.93%

11

EastGroup Properties, Inc.

(EGP)

4/14

1.1

196.1

2.24%

11

Edison International

(EIX)

4/30

0.7

68.79

4.07%

19

The Ensign Group, Inc.

(ENSG)

4/29

0.055

86.51

0.25%

15

Essex Property Trust, Inc.

(ESS)

4/14

2.2

341.5

2.58%

28

First Bancorp

(FBNC)

4/25

0.22

43.61

2.02%

5

Four Corners Property Trust, Inc.

(FCPT)

4/14

0.3325

26.54

5.01%

7

Fifth Third Bancorp

(FITB)

4/18

0.3

46.76

2.57%

11

First Industrial Realty Trust, Inc.

(FR)

4/18

0.295

60.21

1.96%

10

FirstService Corporation

(FSV)

4/7

0.2025

142.11

0.57%

8

Humana Inc.

(HUM)

4/29

0.7875

435.54

0.72%

12

Innovative Industrial Properties, Inc.

(IIPR)

4/14

1.75

197.99

3.54%

6

Investar Holding Corporation

(ISTR)

4/29

0.085

19.17

1.77%

9

Illinois Tool Works Inc.

(ITW)

4/14

1.22

211.75

2.30%

47

Kilroy Realty Corporation

(KRC)

4/13

0.52

77.42

2.69%

6

Lincoln Electric Holdings, Inc.

(LECO)

4/15

0.56

134.72

1.66%

27

Lennox International Inc.

(LII)

4/15

0.92

260.23

1.41%

12

Mondelez International, Inc.

(MDLZ)

4/14

0.35

61.52

2.28%

10

MGM Growth Properties LLC

(MGP)

4/14

0.53

37.64

5.63%

7

Monolithic Power Systems, Inc.

(MPWR)

4/15

0.75

491.52

0.61%

5

National Fuel Gas Company

(NFG)

4/15

0.455

68.59

2.65%

51

Nucor Corporation

(NUE)

5/11

0.5

157.62

1.27%

49

Rexford Industrial Realty, Inc.

(REXR)

4/15

0.315

72.51

1.74%

9

Regal Rexnord Corporation

(RRX)

4/14

0.33

154.86

0.85%

17

SL Green Realty Corp.

(SLG)

4/18

0.3108

82.38

4.53%

11

STAG Industrial, Inc.

(STAG)

4/18

0.121667

40.49

3.61%

12

Steel Dynamics, Inc.

(STLD)

4/15

0.34

89.49

1.52%

12

STORE Capital Corporation

(STOR)

4/15

0.385

29.25

5.26%

7

Sun Communities, Inc.

(SUI)

4/15

0.88

173.84

2.02%

6

Stryker Corporation

(SYK)

4/29

0.695

266

1.05%

29

TTEC Holdings, Inc.

(TTEC)

4/20

0.5

81.71

1.22%

8

U.S. Bancorp

(USB)

4/15

0.46

57.12

3.22%

11

W. P. Carey Inc.

(WPC)

4/14

1.057

81.53

5.19%

25

Willis Towers Watson Public Limited Company

(WTW)

4/15

0.82

237.99

1.38%

6

Wednesday Mar 30 (Ex-Div 3/31)

Company

Symbol

Pay Date

Payout

Price

Yield

Years

Air Products and Chemicals, Inc.

(APD)

5/9

1.62

246.56

2.63%

40

Bank of South Carolina Corporation

(BKSC)

4/29

0.17

19.73

3.45%

11

Bristol-Myers Squibb Company

(BMY)

5/2

0.54

73.28

2.95%

13

Cardinal Health, Inc.

(CAH)

4/15

0.4908

57.96

3.39%

25

CubeSmart

(CUBE)

4/18

0.43

50.75

3.39%

12

Farmers & Merchants Bancorp, Inc.

(FMAO)

4/20

0.19

36.33

2.09%

18

Fulton Financial Corporation

(FULT)

4/18

0.15

17.55

3.42%

8

Ingredion Incorporated

(INGR)

4/26

0.65

87.55

2.97%

11

Morningstar, Inc.

(MORN)

4/29

0.36

267.98

0.54%

12

Realty Income Corporation

(O)

4/15

0.247

67.95

4.36%

29

Royal Gold, Inc.

(RGLD)

4/14

0.35

140.33

1.00%

21

Republic Services, Inc.

(RSG)

4/14

0.46

131.5

1.40%

19

ServisFirst Bancshares, Inc.

(SFBS)

4/8

0.23

93.45

0.98%

9

State Street Corporation

(STT)

4/11

0.57

90.53

2.52%

11

Sysco Corporation

(SYY)

4/22

0.47

80.91

2.32%

51

Washington Trust Bancorp, Inc.

(WASH)

4/8

0.54

54.36

3.97%

11

Thursday Mar 31 (Ex-Div 4/1)

Company

Symbol

Pay Date

Payout

Price

Yield

Years

Globe Life Inc.

(GL)

4/29

0.2075

102.27

0.81%

17

Healthcare Trust of America, Inc.

(HTA)

4/11

0.325

31.43

4.14%

10

Main Street Capital

(MAIN)

4/14

0.215

42.07

6.13%

12

Raymond James Financial, Inc.

(RJF)

4/18

0.34

109.32

1.24%

10

Shoe Carnival, Inc.

(SCVL)

4/18

0.09

30.75

1.17%

11

Friday Apr 1 (Ex-Div 4/4)

Company

Symbol

Pay Date

Payout

Price

Yield

Years

Agilent Technologies, Inc.

(A)

4/27

0.21

135.71

0.62%

11

Dollar General Corporation

(DG)

4/19

0.55

221.47

0.99%

8

Erie Indemnity Company

(ERIE)

4/20

1.11

178.32

2.49%

32

Roper Technologies, Inc.

(ROP)

4/22

0.62

465.86

0.53%

29

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

Automatic Data Processing, Inc.

(ADP)

4/1

1.04

1.9%

Ameren Corporation

(AEE)

3/31

0.59

2.6%

Federal Agricultural Mortgage Corporation

(AGM)

3/31

0.95

3.2%

Albemarle Corporation

(ALB)

4/1

0.395

0.7%

The Allstate Corporation

(ALL)

4/1

0.85

2.4%

Allegion plc

(ALLE)

3/31

0.41

1.5%

Atrion Corporation

(ATRI)

3/31

1.95

1.1%

Broadcom Inc.

(AVGO)

3/31

4.1

2.6%

Brookfield Asset Management Inc.

(BAM)

3/31

0.14

1.0%

Baxter International Inc.

(BAX)

4/1

0.28

1.5%

Becton, Dickinson and Company

(BDX)

3/31

0.87

1.3%

Brookfield Renewable Partners L.P.

(BEP)

3/31

0.32

3.2%

Brookfield Infrastructure Partners L.P.

(BIP)

3/31

0.54

3.4%

Popular, Inc.

(BPOP)

4/1

0.55

2.6%

BWX Technologies, Inc.

(BWXT)

3/29

0.22

1.6%

Cadence Bank

(CADE)

4/1

0.22

2.9%

Crown Castle International Corp.

(CCI)

3/31

1.47

3.3%

C&F Financial Corporation

(CFFI)

4/1

0.4

3.2%

C.H. Robinson Worldwide, Inc.

(CHRW)

4/1

0.55

2.0%

Comerica Incorporated

(CMA)

4/1

0.68

2.8%

Canadian National Railway Company

(CNI)

3/31

0.7325 CAD

1.7%

ChoiceOne Financial Services, Inc.

(COFS)

3/31

0.25

4.0%

CSG Systems International, Inc.

(CSGS)

3/30

0.265

1.7%

Capital Southwest

(CSWC)

3/31

0.48

8.1%

Community Trust Bancorp, Inc.

(CTBI)

4/1

0.4

3.8%

CTO Realty Growth, Inc.

(CTO)

3/31

1.08

6.7%

Digital Realty Trust, Inc.

(DLR)

3/31

1.22

3.5%

Domino's Pizza, Inc.

(DPZ)

3/30

1.1

1.1%

Enterprise Financial Services Corp

(EFSC)

3/31

0.21

1.7%

Eastman Chemical Company

(EMN)

4/1

0.76

2.7%

Eversource Energy

(ES)

3/31

0.6375

2.9%

Eaton Corporation plc

(ETN)

3/31

0.81

2.1%

Extra Space Storage Inc.

(EXR)

3/31

1.5

3.0%

First Capital, Inc.

(FCAP)

3/31

0.26

2.6%

First Financial Bankshares, Inc.

(FFIN)

4/1

0.15

1.3%

First Guaranty Bancshares, Inc.

(FGBI)

3/31

0.16

2.7%

First Horizon Corporation

(FHN)

4/1

0.15

2.6%

Financial Institutions, Inc.

(FISI)

4/4

0.29

3.7%

Farmers National Banc Corp.

(FMNB)

3/31

0.16

3.7%

Fidelity National Financial, Inc.

(FNF)

3/31

0.44

3.5%

Franco-Nevada Corporation

(FNV)

3/31

0.32

0.8%

First Savings Financial Group, Inc.

(FSFG)

3/31

0.13

2.0%

Gladstone Investment

(GAIN)

3/31

0.075

5.6%

GATX Corporation

(GATX)

3/31

0.52

1.7%

Gilead Sciences, Inc.

(GILD)

3/30

0.73

5.0%

Corning Incorporated

(GLW)

3/30

0.27

2.8%

Genuine Parts Company

(GPC)

4/1

0.895

2.8%

The Goldman Sachs Group, Inc.

(GS)

3/30

2

2.4%

Global Water Resources, Inc.

(GWRS)

3/31

0.02458

1.8%

Hillenbrand, Inc.

(HI)

3/31

0.2175

1.9%

The Hartford Financial Services Group, Inc.

(HIG)

4/4

0.385

2.1%

Horace Mann Educators Corporation

(HMN)

3/31

0.32

3.1%

Hooker Furnishings Corporation

(HOFT)

3/31

0.2

4.4%

H&R Block, Inc.

(HRB)

4/1

0.27

4.2%

Hawthorn Bancshares, Inc.

(HWBK)

4/1

0.15

2.3%

Intercontinental Exchange, Inc.

(ICE)

3/31

0.38

1.1%

ITT Inc

(ITT)

4/4

0.264

1.4%

Kimberly-Clark Corporation

(KMB)

4/4

1.16

3.9%

The Coca-Cola Company

(KO)

4/1

0.44

2.9%

Lancaster Colony Corporation

(LANC)

3/31

0.8

2.1%

Gladstone Land Corporation

(LAND)

3/31

0.0453

1.5%

McKesson Corporation

(MCK)

4/1

0.47

0.6%

Mercury General Corporation

(MCY)

3/30

0.635

4.6%

MDU Resources Group, Inc.

(MDU)

4/1

0.2175

3.4%

Martin Marietta Materials, Inc.

(MLM)

3/31

0.61

0.6%

M&T Bank Corporation

(MTB)

3/31

1.2

2.6%

NewMarket Corporation

(NEU)

4/1

2.1

2.6%

New Jersey Resources Corporation

(NJR)

4/1

0.3625

3.2%

NIKE, Inc.

(NKE)

4/1

0.305

0.9%

National Storage Affiliates Trust

(NSA)

3/31

0.5

3.3%

NorthWestern Corporation

(NWE)

3/31

0.63

4.3%

NexPoint Residential Trust, Inc.

(NXRT)

3/31

0.38

1.7%

Universal Display Corporation

(OLED)

3/31

0.3

0.7%

Prosperity Bancshares, Inc.

(PB)

4/1

0.52

2.9%

Public Service Enterprise Group Incorporated

(PEG)

3/31

0.54

3.2%

PepsiCo, Inc.

(PEP)

3/31

1.075

2.6%

Prologis, Inc.

(PLD)

3/31

0.79

2.0%

Douglas Dynamics, Inc.

(PLOW)

3/31

0.29

3.4%

Power Integrations, Inc.

(POWI)

3/31

0.18

0.7%

Regions Financial Corporation

(RF)

4/1

0.17

2.9%

RenaissanceRe Holdings Ltd.

(RNR)

3/31

0.37

1.0%

Service Corporation International

(SCI)

3/31

0.25

1.5%

Simmons First National Corporation

(SFNC)

4/4

0.19

2.8%

Silgan Holdings Inc.

(SLGN)

3/31

0.16

1.4%

Summit Financial Group, Inc.

(SMMF)

3/31

0.18

2.8%

Synovus Financial Corp.

(SNV)

4/1

0.34

2.6%

SpartanNash Company

(SPTN)

3/31

0.21

2.4%

Spire Inc.

(SR)

4/4

0.685

4.0%

Stock Yards Bancorp, Inc.

(SYBT)

4/1

0.28

2.1%

Telephone and Data Systems, Inc.

(TDS)

3/31

0.18

3.8%

Tootsie Roll Industries, Inc.

(TR)

3/31

0.09

1.0%

T. Rowe Price Group, Inc.

(TROW)

3/30

1.2

3.2%

The Travelers Companies, Inc.

(TRV)

3/31

0.88

1.9%

UGI Corporation

(UGI)

4/1

0.345

3.9%

Universal Health Realty Income Trust

(UHT)

3/31

0.705

4.8%

UMB Financial Corporation

(UMBF)

4/1

0.37

1.5%

Union Pacific Corporation

(UNP)

3/31

1.18

1.7%

Vishay Intertechnology, Inc.

(VSH)

3/30

0.1

2.0%

Waste Management, Inc.

(WM)

3/31

0.65

1.7%

Walmart Inc.

(WMT)

4/4

0.56

1.6%

Worthington Industries, Inc.

(WOR)

3/29

0.28

2.1%

WesBanco, Inc.

(WSBC)

4/1

0.34

3.8%

The Western Union Company

(WU)

3/31

0.235

5.0%

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.

Looking for more in depth analysis of high quality dividend stocks? Check out the Dividend Kings marketplace service!

This article was written by

Justin Law profile picture
16.93K Followers
Maximize your income with the world’s highest-quality dividend investments

I am the curator of the Dividend Champions list, a monthly publication of companies with a history of consistently increasing their dividends. My primary investing focus is in deep value and dividend paying stocks, but I am constantly exploring alternative strategies. I have a Ph.D in Chemistry from Rice University and have earned the CFA Institute Investment Foundations certificate. I am a contributor to The Dividend Kings marketplace service.

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Disclosure: I/we have a beneficial long position in the shares of BMY, BAX, BAM, KO, O, RNR, RGLD, SYY, TROW either through stock ownership, options, or other derivatives. 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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