Dividend Champion, Contender, And Challenger Highlights: Week Of April 3
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 However, since this list is only produced once per month, the data in it can quickly get out of date.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 |
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.
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 has a Ph.D in Chemistry from Rice University and has earned the CFA Institute Investment Foundations certificate. He applies his knowledge to deep value and dividend paying stocks.
Justin is a contributor to the investing group The Dividend Kings where he curates the Dividend Champions list, a monthly publication of companies with a history of consistently increasing their dividends. The Dividend Kings is a group of analysts teaching individuals how to invest more wisely in dividend stocks. Learn More.
Analyst’s Disclosure: I/we have a beneficial long position in the shares of CMCSA, CSCO, HBNC, VZ, MRK 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.
Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
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Comments (5)
Thanks Justin
