Dividend Champion, Contender, And Challenger Highlights: Week Of July 23
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 However, since this list is only produced once per month, the data in it can quickly get out of date.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 |
Bank of America Corporation | (BAC) | 8/31 | 9/29 | 0.22 | 0.24 | 9.09% | 3.00% | 10 |
The Bank of New York Mellon Corporation | (BK) | 7/27 | 8/10 | 0.37 | 0.42 | 13.51% | 3.73% | 13 |
Community Bank System, Inc. | (CBU) | 9/14 | 10/10 | 0.44 | 0.45 | 2.27% | 3.62% | 32 |
Greene County Bancorp, Inc. | (GCBC) | 8/11 | 8/31 | 0.07 | 0.08 | 14.29% | 1.01% | 10 |
The Goldman Sachs Group, Inc. | (GS) | 8/30 | 9/28 | 2.5 | 2.75 | 10.00% | 3.13% | 13 |
Mercantile Bank Corporation | (MBWM) | 8/31 | 9/13 | 0.33 | 0.34 | 3.03% | 4.02% | 12 |
Morgan Stanley | (MS) | 7/28 | 8/15 | 0.775 | 0.85 | 9.68% | 3.62% | 10 |
PPG Industries, Inc. | (PPG) | 8/9 | 9/12 | 0.62 | 0.65 | 4.84% | 1.74% | 52 |
Regions Financial Corporation | (RF) | 8/31 | 10/2 | 0.2 | 0.24 | 20.00% | 4.87% | 11 |
State Street Corporation | (STT) | 9/29 | 10/12 | 0.63 | 0.69 | 9.52% | 3.93% | 13 |
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 Jul 24 (Ex-Div 7/25)
Company | Symbol | Pay Date | Payout | Price | Yield | Years |
Lowe's Companies, Inc. | (LOW) | 8/9 | 1.1 | 233.78 | 1.88% | 61 |
Royal Bank of Canada | (RY) | 8/24 | 1.35 CAD | 99.11 | 4.14% | 8 |
West Pharmaceutical Services, Inc. | (WST) | 8/2 | 0.19 | 377.32 | 0.20% | 30 |
Tuesday Jul 25 (Ex-Div 7/26)
Company | Symbol | Pay Date | Payout | Price | Yield | Years |
AptarGroup, Inc. | (ATR) | 8/17 | 0.41 | 119.84 | 1.37% | 30 |
Fastenal Company | (FAST) | 8/24 | 0.35 | 58.14 | 2.41% | 24 |
Marsh & McLennan Companies, Inc. | (MMC) | 8/15 | 0.71 | 191.43 | 1.48% | 14 |
Wednesday Jul 26 (Ex-Div 7/27)
Company | Symbol | Pay Date | Payout | Price | Yield | Years |
The Bank of New York Mellon Corporation | (BK) | 8/10 | 0.42 | 45 | 3.73% | 13 |
Bank of Montreal | (BMO) | 8/28 | 1.47 CAD | 93.35 | 4.79% | 8 |
Pfizer Inc. | (PFE) | 9/5 | 0.41 | 37.4 | 4.39% | 13 |
Union Bankshares, Inc. | (UNB) | 8/3 | 0.36 | 22.3 | 6.46% | 11 |
Unum Group | (UNM) | 8/18 | 0.365 | 48.71 | 3.00% | 15 |
Thursday Jul 27 (Ex-Div 7/28)
Company | Symbol | Pay Date | Payout | Price | Yield | Years |
Agree Realty Corporation | (ADC) | 8/14 | 0.243 | 67.3 | 4.33% | 11 |
A. O. Smith Corporation | (AOS) | 8/15 | 0.3 | 75.99 | 1.58% | 29 |
Sierra Bancorp | (BSRR) | 8/14 | 0.23 | 18.26 | 5.04% | 10 |
Celanese Corporation | (CE) | 8/14 | 0.7 | 121.26 | 2.31% | 13 |
Enterprise Products Partners L.P. | (EPD) | 8/14 | 0.5 | 26.84 | 7.45% | 26 |
Home Bancorp, Inc. | (HBCP) | 8/11 | 0.25 | 34.17 | 2.93% | 10 |
Home Federal Bancorp, Inc. of Louisiana | (HFBL) | 8/14 | 0.125 | 14.36 | 3.48% | 10 |
Hingham Institution for Savings | (HIFS) | 8/9 | 0.63 | 215 | 1.17% | 16 |
Kinder Morgan, Inc. | (KMI) | 8/15 | 0.2825 | 17.8 | 6.35% | 6 |
Alliant Energy Corporation | (LNT) | 8/15 | 0.4525 | 55.74 | 3.25% | 20 |
Morgan Stanley | (MS) | 8/15 | 0.85 | 94.01 | 3.62% | 10 |
NiSource Inc. | (NI) | 8/18 | 0.25 | 28.08 | 3.56% | 12 |
National Retail Properties, Inc. | (NNN) | 8/15 | 0.565 | 44.5 | 5.08% | 34 |
Northwest Natural Holding Company | (NWN) | 8/15 | 0.485 | 44.15 | 4.39% | 67 |
South Plains Financial, Inc. | (SPFI) | 8/14 | 0.13 | 25.28 | 2.06% | 5 |
STAG Industrial, Inc. | (STAG) | 8/15 | 0.1225 | 38.07 | 3.86% | 13 |
Texas Instruments Incorporated | (TXN) | 8/15 | 1.24 | 184.32 | 2.69% | 19 |
Value Line, Inc. | (VALU) | 8/10 | 0.28 | 54.5 | 2.06% | 9 |
Friday Jul 28 (Ex-Div 7/31)
Company | Symbol | Pay Date | Payout | Price | Yield | Years |
The AES Corporation | (AES) | 8/15 | 0.1659 | 22.49 | 2.95% | 12 |
Ally Financial Inc. | (ALLY) | 8/15 | 0.3 | 28.7 | 4.18% | 7 |
Aon plc | (AON) | 8/15 | 0.615 | 340.9 | 0.72% | 12 |
Ames National Corporation | (ATLO) | 8/15 | 0.27 | 19.56 | 5.52% | 12 |
Casey's General Stores, Inc. | (CASY) | 8/15 | 0.43 | 256.07 | 0.67% | 23 |
Donegal Group Inc. A | (DGICA) | 8/15 | 0.17 | 14.53 | 4.68% | 21 |
Donegal Group Inc. B | (DGICB) | 8/15 | 0.1525 | 12.65 | 4.82% | 21 |
East West Bancorp, Inc. | (EWBC) | 8/15 | 0.48 | 58.86 | 3.26% | 6 |
Realty Income Corporation | (O) | 8/15 | 0.2555 | 62.75 | 4.89% | 30 |
Pinnacle West Capital Corporation | (PNW) | 9/1 | 0.865 | 85.42 | 4.05% | 11 |
Tompkins Financial Corporation | (TMP) | 8/12 | 0.6 | 59.07 | 4.06% | 36 |
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 |
Agilent Technologies, Inc. | (A) | 7/26 | 0.225 | 0.7% |
American Financial Group, Inc. | (AFG) | 7/25 | 0.63 | 2.1% |
Apogee Enterprises, Inc. | (APOG) | 7/27 | 0.24 | 2.1% |
The Bank of Nova Scotia | (BNS) | 7/27 | 1.06 CAD | 6.3% |
Brady Corporation | (BRC) | 7/31 | 0.23 | 1.8% |
Camden National Corporation | (CAC) | 7/31 | 0.42 | 5.1% |
City Holding Company | (CHCO) | 7/31 | 0.65 | 2.7% |
Canadian Imperial Bank of Commerce | (CM) | 7/28 | 0.87 CAD | 6.0% |
Comcast Corporation | (CMCSA) | 7/26 | 0.29 | 2.7% |
Cisco Systems, Inc. | (CSCO) | 7/26 | 0.39 | 3.0% |
Dillard's, Inc. | (DDS) | 7/31 | 0.2 | 0.3% |
Dollar General Corporation | (DG) | 7/25 | 0.59 | 1.4% |
Quest Diagnostics Incorporated | (DGX) | 7/25 | 0.71 | 2.0% |
Danaher Corporation | (DHR) | 7/28 | 0.27 | 0.4% |
Amdocs Limited | (DOX) | 7/28 | 0.435 | 1.8% |
Edison International | (EIX) | 7/31 | 0.7375 | 4.1% |
The Ensign Group, Inc. | (ENSG) | 7/31 | 0.0575 | 0.2% |
EOG Resources, Inc. | (EOG) | 7/31 | 0.825 | 2.6% |
First Bancorp | (FBNC) | 7/25 | 0.22 | 2.6% |
Gladstone Investment | (GAIN) | 7/31 | 0.08 | 7.1% |
Global Water Resources, Inc. | (GWRS) | 7/31 | 0.02483 | 2.3% |
Humana Inc. | (HUM) | 7/28 | 0.885 | 0.8% |
IDEX Corporation | (IEX) | 7/28 | 0.64 | 1.2% |
Ingredion Incorporated | (INGR) | 7/25 | 0.71 | 2.6% |
Investar Holding Corporation | (ISTR) | 7/31 | 0.1 | 3.0% |
Johnson Outdoors Inc. | (JOUT) | 7/27 | 0.31 | 2.1% |
JPMorgan Chase & Co. | (JPM) | 7/31 | 1 | 2.6% |
Quaker Chemical Corporation | (KWR) | 7/31 | 0.435 | 0.9% |
Gladstone Land Corporation | (LAND) | 7/31 | 0.0462 | 3.2% |
Mid-America Apartment Communities, Inc. | (MAA) | 7/31 | 1.4 | 3.6% |
McGrath RentCorp | (MGRC) | 7/31 | 0.465 | 2.0% |
Morningstar, Inc. | (MORN) | 7/31 | 0.375 | 0.7% |
NetApp, Inc. | (NTAP) | 7/26 | 0.5 | 2.5% |
The New York Times Company | (NYT) | 7/27 | 0.11 | 1.1% |
OGE Energy Corp. | (OGE) | 7/28 | 0.4141 | 4.5% |
Oracle Corporation | (ORCL) | 7/26 | 0.4 | 1.4% |
RPM International Inc. | (RPM) | 7/31 | 0.42 | 1.8% |
Star Group, L.P. | (SGU) | 7/31 | 0.1625 | 5.2% |
Simpson Manufacturing Co., Inc. | (SSD) | 7/27 | 0.27 | 0.7% |
Stryker Corporation | (SYK) | 7/31 | 0.75 | 1.0% |
Sysco Corporation | (SYY) | 7/28 | 0.5 | 2.7% |
The Toronto-Dominion Bank | (TD) | 7/31 | 0.96 CAD | 4.5% |
Trinity Industries, Inc. | (TRN) | 7/31 | 0.26 | 4.1% |
UDR, Inc. | (UDR) | 7/31 | 0.42 | 3.9% |
WD-40 Company | (WDFC) | 7/31 | 0.83 | 1.5% |
Watsco, Inc. | (WSO) | 7/31 | 2.45 | 2.7% |
In Case You Missed It
Here are links to the last two weekly highlights:
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 covers one or more microcap stocks. 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 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, O, PFE, SYY 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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