Dividend Champion, Contender, And Challenger Highlights: Week Of March 26

Mar. 25, 2023 10:44 AM ETA, ADC, ADC.PA, AEE, AGM, AGM.PC, ALB, ALL, ALL.PB, ALLE, APD, APH, ARE, ATRI, AVGO, AXS, BAC, BAM, BAM:CA, BANF, BAX, BDX, BDXB, BEN, BEP.PRR:CA, BPOP, BWXT, CADE, CAH, CCI, CHRW, CNI, CNR:CA, COFS, COP, CPT, CSGS, CSWC, CTO, CTRA, CTRE, CUBE, CW, CZFS, DDS, DHR, DHR.PB, DKS, DLR, DOX, DPZ, EFSC, EFSCP, EGP, EIX, ELS, ENSG, ES, ESS, EXR, FBNC, FFIN, FGBI, FISI, FITB, FMAO, FMC, FMNB, FNF, FNV, FNV:CA, FR, FSFG, FSV, FSV:CA, FULT, FULTP, GAIN, GATX, GILD, GL, GLW, GPC, GRMN, GS, GWR:CA, GWRS, HI, HMN, HOFT, HUM, ICE, IIPR, INGR, ISTR, ITT, ITW, KO, KRC, LANC, LAND, LANDM, LECO, LII, LIN, LPX, MAA, MAIN, MBIN, MCK, MDLZ, MLM, MPWR, MRTN, MTB, NDAQ, NEU, NFG, NJR, NKE, NSA, NSA.PA, NUE, NWE, NXRT, O, OCSL, OLED, PB, PEG, PEP, PFG, PLD, PLDGP, PLOW, POOL, POWI, PRGO, REXR, REXR.PC, RJF, RNR, RRX, RSG, SCI, SCVL, SFBS, SFNC, SLGN, SMMF, SNV, SPTN, STAG, STLD, STT, SUI, SYBT, SYK, TDS, TDS.PU, TEL, THG, TOWN, TR, TRNO, TROLB, TROW, TTEC, UBSI, UHT, UMBF, UNP, USB, VSH, WASH, WING, WMT, WOR, WPC, WTW, XRAY8 Comments

Justin Law

Investing Group Leader

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 However, since this list is only produced once per month, the data in it can quickly get out of date.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 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
CareTrust REIT, Inc.	(CTRE)	3/30	4/14	0.275	0.28	1.82%	6.03%	10
TE Connectivity Ltd.	(TEL)	5/18	6/2	0.56	0.59	5.36%	1.89%	10

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 Mar 27 (Ex-Div 3/28)

Company	Symbol	Pay Date	Payout	Price	Yield	Years
ConocoPhillips	(COP)	4/14	0.6	95.43	2.51%	7

Tuesday Mar 28 (Ex-Div 3/29)

Company	Symbol	Pay Date	Payout	Price	Yield	Years
TowneBank	(TOWN)	4/12	0.23	27.41	3.36%	11

Wednesday Mar 29 (Ex-Div 3/30)

Company	Symbol	Pay Date	Payout	Price	Yield	Years
Agree Realty Corporation	(ADC)	4/14	0.24	67.09	4.29%	10
Amphenol Corporation	(APH)	4/12	0.21	78.61	1.07%	11
Alexandria Real Estate Equities, Inc.	(ARE)	4/14	1.21	119.86	4.04%	13
AXIS Capital Holdings Limited	(AXS)	4/18	0.44	52.37	3.36%	21
BancFirst Corporation	(BANF)	4/17	0.4	83.85	1.91%	29
Franklin Resources, Inc.	(BEN)	4/14	0.3	26.29	4.56%	43
Camden Property Trust	(CPT)	4/17	1	99.89	4.00%	13
CareTrust REIT, Inc.	(CTRE)	4/14	0.28	18.57	6.03%	10
Curtiss-Wright Corporation	(CW)	4/14	0.19	169.93	0.45%	6
Dillard's, Inc.	(DDS)	5/1	0.2	301.95	0.26%	12
Danaher Corporation	(DHR)	4/28	0.27	248.17	0.44%	10
Amdocs Limited	(DOX)	4/28	0.435	94	1.85%	12
EastGroup Properties, Inc.	(EGP)	4/14	1.25	158.1	3.16%	11
Edison International	(EIX)	4/30	0.7375	68.38	4.31%	20
Equity LifeStyle Properties, Inc.	(ELS)	4/14	0.4475	64.11	2.79%	19
The Ensign Group, Inc.	(ENSG)	4/28	0.0575	90.69	0.25%	16
Essex Property Trust, Inc.	(ESS)	4/14	2.31	200.77	4.60%	29
First Bancorp	(FBNC)	4/25	0.22	36.5	2.41%	5
Four Corners Property Trust, Inc.	(FCPT)	4/14	0.34	26.05	5.22%	8
Fifth Third Bancorp	(FITB)	4/17	0.33	25.48	5.18%	12
Farmers & Merchants Bancorp, Inc.	(FMAO)	4/20	0.21	25.42	3.30%	18
FMC Corporation	(FMC)	4/20	0.58	117.69	1.97%	5
First Industrial Realty Trust, Inc.	(FR)	4/17	0.32	50.62	2.53%	11
FirstService Corporation	(FSV)	4/11	0.225	134.11	0.67%	9
Humana Inc.	(HUM)	4/28	0.89	502.43	0.71%	13
Innovative Industrial Properties, Inc.	(IIPR)	4/14	1.8	75.77	9.50%	6
Investar Holding Corporation	(ISTR)	4/28	0.1	15.2	2.63%	10
Illinois Tool Works Inc.	(ITW)	4/13	1.31	231.62	2.26%	48
Kilroy Realty Corporation	(KRC)	4/12	0.54	29.26	7.38%	7
Lincoln Electric Holdings, Inc.	(LECO)	4/14	0.64	160.77	1.59%	28
Lennox International Inc.	(LII)	4/14	1.06	244.15	1.74%	13
Mondelez International, Inc.	(MDLZ)	4/14	0.39	69.04	2.26%	12
Monolithic Power Systems, Inc.	(MPWR)	4/14	1	485.4	0.82%	6
National Fuel Gas Company	(NFG)	4/14	0.475	55.69	3.41%	52
Nucor Corporation	(NUE)	5/11	0.51	148.65	1.37%	50
Rexford Industrial Realty, Inc.	(REXR)	4/17	0.38	56.01	2.71%	10
Regal Rexnord Corporation	(RRX)	4/14	0.35	133.16	1.05%	18
STAG Industrial, Inc.	(STAG)	4/17	0.1225	32.71	4.49%	13
Steel Dynamics, Inc.	(STLD)	4/14	0.43	108.39	1.59%	13
Sun Communities, Inc.	(SUI)	4/17	0.93	133.35	2.79%	7
Stryker Corporation	(SYK)	4/28	0.75	276.69	1.08%	30
Terreno Realty Corporation	(TRNO)	4/6	0.4	61.78	2.59%	12
TTEC Holdings, Inc.	(TTEC)	4/20	0.52	35.84	2.90%	8
U.S. Bancorp	(USB)	4/17	0.48	34.9	5.50%	12
W. P. Carey Inc.	(WPC)	4/14	1.067	77.26	5.52%	26
Willis Towers Watson Public Limited Company	(WTW)	4/17	0.84	226.22	1.49%	7
DENTSPLY SIRONA Inc.	(XRAY)	4/14	0.14	37.25	1.50%	12

Thursday Mar 30 (Ex-Div 3/31)

Company	Symbol	Pay Date	Payout	Price	Yield	Years
Air Products and Chemicals, Inc.	(APD)	5/8	1.75	267.67	2.62%	41
Cardinal Health, Inc.	(CAH)	4/15	0.5	70.37	2.84%	27
CubeSmart	(CUBE)	4/17	0.49	45.12	4.34%	13
Fulton Financial Corporation	(FULT)	4/14	0.15	14.17	4.23%	8
Globe Life Inc.	(GL)	5/1	0.225	106.69	0.84%	18
Ingredion Incorporated	(INGR)	4/25	0.71	100.18	2.83%	12
Realty Income Corporation	(O)	4/14	0.255	61.04	5.01%	30
Raymond James Financial, Inc.	(RJF)	4/17	0.42	89.09	1.89%	11
Republic Services, Inc.	(RSG)	4/14	0.495	130.92	1.51%	20
Shoe Carnival, Inc.	(SCVL)	4/17	0.1	24.26	1.65%	12
ServisFirst Bancshares, Inc.	(SFBS)	4/10	0.28	54.82	2.04%	10
State Street Corporation	(STT)	4/13	0.63	71.65	3.52%	12
Washington Trust Bancorp, Inc.	(WASH)	4/13	0.56	36.09	6.21%	12

Friday Mar 31 (Ex-Div 4/3)

Company	Symbol	Pay Date	Payout	Price	Yield	Years
Agilent Technologies, Inc.	(A)	4/26	0.225	131.96	0.68%	12
The Bank of Nova Scotia	(BNS)	4/26	1.03 CAD	48.05	6.17%	7

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
Ameren Corporation	(AEE)	3/31	0.63	3.0%
Federal Agricultural Mortgage Corporation	(AGM)	3/31	1.1	3.5%
Albemarle Corporation	(ALB)	4/3	0.4	0.7%
The Allstate Corporation	(ALL)	4/3	0.89	3.4%
Allegion plc	(ALLE)	3/31	0.45	1.8%
Atrion Corporation	(ATRI)	3/31	2.15	1.3%
Broadcom Inc.	(AVGO)	3/31	4.6	2.9%
Bank of America Corporation	(BAC)	3/31	0.22	3.2%
Brookfield Asset Management Inc.	(BAM)	3/31	0.32	4.1%
Baxter International Inc.	(BAX)	4/3	0.29	3.0%
Becton, Dickinson and Company	(BDX)	3/31	0.91	1.5%
Brookfield Renewable Partners L.P.	(BEP)	3/31	0.3375	4.6%
Brookfield Infrastructure Partners L.P.	(BIP)	3/31	0.3825	4.8%
Popular, Inc.	(BPOP)	4/3	0.55	4.1%
BWX Technologies, Inc.	(BWXT)	3/28	0.23	1.5%
Cadence Bank	(CADE)	4/3	0.235	4.5%
Crown Castle International Corp.	(CCI)	3/31	1.565	4.8%
C.H. Robinson Worldwide, Inc.	(CHRW)	4/3	0.61	2.6%
Canadian National Railway Company	(CNI)	3/31	0.79	2.8%
ChoiceOne Financial Services, Inc.	(COFS)	3/31	0.26	4.0%
CSG Systems International, Inc.	(CSGS)	3/30	0.28	2.2%
Capital Southwest	(CSWC)	3/31	0.53	12.3%
CTO Realty Growth, Inc.	(CTO)	3/31	0.38	9.2%
Coterra Energy Inc.	(CTRA)	3/30	0.2	3.4%
Citizens Financial Services, Inc.	(CZFS)	3/31	0.485	2.4%
DICK'S Sporting Goods, Inc.	(DKS)	3/31	1	2.9%
Digital Realty Trust, Inc.	(DLR)	3/31	1.22	5.2%
Domino's Pizza, Inc.	(DPZ)	3/30	1.21	1.6%
Enterprise Financial Services Corp	(EFSC)	3/31	0.25	2.2%
Eversource Energy	(ES)	3/31	0.675	3.6%
Extra Space Storage Inc.	(EXR)	3/31	1.62	4.2%
First Financial Bankshares, Inc.	(FFIN)	4/3	0.17	2.1%
First Guaranty Bancshares, Inc.	(FGBI)	3/31	0.16	3.9%
Financial Institutions, Inc.	(FISI)	4/3	0.3	6.3%
Farmers National Banc Corp.	(FMNB)	3/31	0.17	5.3%
Fidelity National Financial, Inc.	(FNF)	3/31	0.45	5.4%
Franco-Nevada Corporation	(FNV)	3/30	0.34	0.9%
First Savings Financial Group, Inc.	(FSFG)	3/31	0.14	3.4%
Gladstone Investment	(GAIN)	3/31	0.08	7.4%
GATX Corporation	(GATX)	3/31	0.55	2.1%
Gilead Sciences, Inc.	(GILD)	3/30	0.75	3.8%
Corning Incorporated	(GLW)	3/30	0.28	3.4%
Genuine Parts Company	(GPC)	4/3	0.95	2.4%
Garmin Ltd.	(GRMN)	3/31	0.73	3.0%
The Goldman Sachs Group, Inc.	(GS)	3/30	2.5	3.2%
Global Water Resources, Inc.	(GWRS)	3/31	0.02483	2.4%
Hillenbrand, Inc.	(HI)	3/31	0.22	2.0%
Horace Mann Educators Corporation	(HMN)	3/31	0.33	4.0%
Hooker Furnishings Corporation	(HOFT)	3/31	0.22	4.7%
Intercontinental Exchange, Inc.	(ICE)	3/31	0.42	1.7%
ITT Inc	(ITT)	4/3	0.29	1.4%
The Coca-Cola Company	(KO)	4/3	0.46	3.0%
Lancaster Colony Corporation	(LANC)	3/31	0.85	1.6%
Gladstone Land Corporation	(LAND)	3/31	0.0459	3.5%
Linde plc	(LIN)	3/28	1.275	1.5%
Louisiana-Pacific Corporation	(LPX)	3/31	0.24	1.7%
Mid-America Apartment Communities, Inc.	(MAA)	3/31	1.0625	3.0%
Main Street Capital	(MAIN)	3/28	0.175	5.3%
Merchants Bancorp	(MBIN)	4/3	0.08	1.2%
McKesson Corporation	(MCK)	4/3	0.54	0.6%
Martin Marietta Materials, Inc.	(MLM)	3/31	0.66	0.8%
Marten Transport, Ltd.	(MRTN)	3/31	0.06	1.2%
M&T Bank Corporation	(MTB)	3/31	1.3	4.5%
Nasdaq, Inc.	(NDAQ)	3/31	0.2	1.5%
NewMarket Corporation	(NEU)	4/3	2.1	2.4%
New Jersey Resources Corporation	(NJR)	4/3	0.39	3.0%
NIKE, Inc.	(NKE)	4/3	0.34	1.1%
National Storage Affiliates Trust	(NSA)	3/30	0.55	5.5%
NorthWestern Corporation	(NWE)	3/31	0.64	4.6%
NexPoint Residential Trust, Inc.	(NXRT)	3/31	0.42	4.1%
Oaktree Specialty Lending Corporation	(OCSL)	3/31	0.55	12.0%
Universal Display Corporation	(OLED)	3/31	0.35	1.0%
Prosperity Bancshares, Inc.	(PB)	4/3	0.55	3.5%
Public Service Enterprise Group Incorporated	(PEG)	3/31	0.57	3.9%
PepsiCo, Inc.	(PEP)	3/31	1.15	2.6%
Principal Financial Group, Inc.	(PFG)	3/31	0.64	3.6%
Prologis, Inc.	(PLD)	3/31	0.87	3.0%
Douglas Dynamics, Inc.	(PLOW)	3/31	0.295	3.8%
Pool Corporation	(POOL)	3/29	1	1.2%
Power Integrations, Inc.	(POWI)	3/31	0.19	0.9%
Perrigo Company plc	(PRGO)	3/28	0.273	3.2%
RenaissanceRe Holdings Ltd.	(RNR)	3/31	0.38	0.8%
Service Corporation International	(SCI)	3/31	0.27	1.6%
Simmons First National Corporation	(SFNC)	4/3	0.2	4.5%
Silgan Holdings Inc.	(SLGN)	3/31	0.18	1.4%
Summit Financial Group, Inc.	(SMMF)	3/31	0.2	3.8%
Synovus Financial Corp.	(SNV)	4/3	0.38	5.1%
SpartanNash Company	(SPTN)	3/31	0.215	3.5%
Stock Yards Bancorp, Inc.	(SYBT)	4/3	0.29	2.2%
Telephone and Data Systems, Inc.	(TDS)	3/31	0.185	7.6%
The Hanover Insurance Group, Inc.	(THG)	3/31	0.81	2.6%
Tootsie Roll Industries, Inc.	(TR)	3/30	0.09	0.8%
T. Rowe Price Group, Inc.	(TROW)	3/30	1.22	4.5%
The Travelers Companies, Inc.	(TRV)	3/31	0.93	2.3%
United Bankshares Inc.	(UBSI)	4/3	0.36	3.9%
Universal Health Realty Income Trust	(UHT)	3/31	0.715	6.0%
UMB Financial Corporation	(UMBF)	4/3	0.38	2.6%
Union Pacific Corporation	(UNP)	3/31	1.3	2.8%
Vishay Intertechnology, Inc.	(VSH)	3/30	0.1	1.8%
Wingstop Inc.	(WING)	3/31	0.19	0.4%
Walmart Inc.	(WMT)	4/3	0.57	1.6%
Worthington Industries, Inc.	(WOR)	3/29	0.31	2.0%

In Case You Missed It

Here are links to the last two weekly highlights:

Week of Mar 12

Week of Mar 19

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.

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

18.16K Followers

Leader of The Dividend Kings

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.

Analyst’s Disclosure: I/we have a beneficial long position in the shares of O, BAM, ICE, KO, PEP, 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.

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.