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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 However, since this list is only produced once per month, the data in it can quickly get out of date.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 |
Applied Materials, Inc. | (AMAT) | 5/22 | 6/13 | 0.32 | 0.4 | 25.00% | 0.81% | 7 |
Colgate-Palmolive Company | (CL) | 4/19 | 5/15 | 0.48 | 0.5 | 4.17% | 2.26% | 61 |
DICK'S Sporting Goods, Inc. | (DKS) | 3/28 | 4/12 | 1 | 1.1 | 10.00% | 2.08% | 10 |
Equity Residential | (EQR) | 3/22 | 4/12 | 0.6625 | 0.675 | 1.89% | 4.28% | 7 |
Guaranty Bancshares, Inc. | (GNTY) | 3/22 | 4/10 | 0.23 | 0.24 | 4.35% | 3.15% | 8 |
Realty Income Corporation | (O) | 3/28 | 4/15 | 0.2565 | 0.257 | 0.19% | 5.91% | 31 |
Shoe Carnival, Inc. | (SCVL) | 4/5 | 4/22 | 0.12 | 0.135 | 12.50% | 1.66% | 13 |
UDR, Inc. | (UDR) | 4/9 | 4/30 | 0.4 | 0.425 | 6.25% | 4.57% | 14 |
Williams-Sonoma, Inc. | (WSM) | 4/18 | 5/24 | 0.9 | 1.13 | 25.56% | 1.59% | 19 |
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 18 (Ex-Div 3/19)
Company | Symbol | Pay Date | Payout | Price | Yield | Years |
Main Street Capital | (MAIN) | 6/14 | 0.24 | 46.2 | 6.23% | 14 |
Vistra Corp. | (VST) | 3/29 | 0.215 | 61.56 | 1.40% | 6 |
Tuesday Mar 19 (Ex-Div 3/20)
Company | Symbol | Pay Date | Payout | Price | Yield | Years |
Broadcom Inc. | (AVGO) | 3/29 | 5.25 | 1235.5 | 1.70% | 14 |
Best Buy Co., Inc. | (BBY) | 4/11 | 0.94 | 78.02 | 4.82% | 21 |
Bank7 Corp. | (BSVN) | 4/4 | 0.21 | 27.92 | 3.01% | 5 |
Gladstone Investment | (GAIN) | 3/29 | 0.08 | 13.92 | 6.90% | 12 |
Gladstone Land Corporation | (LAND) | 3/29 | 0.0465 | 13 | 4.29% | 10 |
NXP Semiconductors N.V. | (NXPI) | 4/10 | 1.014 | 237.54 | 1.71% | 6 |
Philip Morris International Inc. | (PM) | 4/9 | 1.3 | 94.27 | 5.52% | 16 |
Restaurant Brands International Inc. | (QSR) | 4/4 | 0.58 | 79.01 | 2.94% | 10 |
Synovus Financial Corp. | (SNV) | 4/1 | 0.38 | 37.86 | 4.01% | 10 |
Sempra | (SRE) | 4/15 | 0.62 | 70.01 | 3.54% | 21 |
VICI Properties Inc. | (VICI) | 4/4 | 0.415 | 28.93 | 5.74% | 6 |
Wednesday Mar 20 (Ex-Div 3/21)
Company | Symbol | Pay Date | Payout | Price | Yield | Years |
IF Bancorp, Inc. | (IROQ) | 4/15 | 0.2 | 16.5 | 2.42% | 8 |
Medtronic plc | (MDT) | 4/12 | 0.69 | 83.57 | 3.30% | 46 |
Portland General Electric Company | (POR) | 4/15 | 0.475 | 41.08 | 4.63% | 18 |
Turning Point Brands, Inc. | (TPB) | 4/12 | 0.07 | 27.65 | 1.01% | 7 |
Thursday Mar 21 (Ex-Div 3/22)
Company | Symbol | Pay Date | Payout | Price | Yield | Years |
Equity Residential | (EQR) | 4/12 | 0.675 | 63.03 | 4.28% | 7 |
Guaranty Bancshares, Inc. | (GNTY) | 4/10 | 0.24 | 30.44 | 3.15% | 8 |
Heartland BancCorp | 4/10 | 0.759 | 85.5 | 3.55% | 11 | |
Lennox International Inc. | (LII) | 4/15 | 1.1 | 472.08 | 0.93% | 14 |
Altria Group, Inc. | (MO) | 4/30 | 0.98 | 43.87 | 8.94% | 54 |
Friday Mar 22 (Ex-Div 3/25)
None
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 |
Assured Guaranty Ltd. | (AGO) | 3/20 | 0.31 | 1.4% |
Assurant, Inc. | (AIZ) | 3/25 | 0.72 | 1.6% |
Amcor plc | (AMCR) | 3/19 | 0.125 | 5.3% |
AMERISAFE, Inc. | (AMSF) | 3/22 | 0.37 | 2.9% |
Auburn National Bancorporation, Inc. | (AUBN) | 3/25 | 0.27 | 5.5% |
Avnet, Inc. | (AVT) | 3/20 | 0.31 | 2.6% |
Avery Dennison Corporation | (AVY) | 3/20 | 0.81 | 1.5% |
Atlantica Sustainable Infrastructure plc | (AY) | 3/22 | 0.445 | 10.1% |
BlackRock, Inc. | (BLK) | 3/22 | 5.1 | 2.5% |
Commerce Bancshares, Inc. | (CBSH) | 3/25 | 0.27 | 2.1% |
Capital City Bank Group, Inc. | (CCBG) | 3/25 | 0.21 | 3.1% |
CNO Financial Group, Inc. | (CNO) | 3/22 | 0.15 | 2.3% |
CRA International, Inc. | (CRAI) | 3/22 | 0.42 | 1.2% |
eBay Inc. | (EBAY) | 3/25 | 0.27 | 2.1% |
Elevance Health Inc. | (ELV) | 3/22 | 1.63 | 1.3% |
Equinix, Inc. | (EQIX) | 3/20 | 4.26 | 2.0% |
Essent Group Ltd. | (ESNT) | 3/22 | 0.28 | 2.0% |
Evergy, Inc. | (EVRG) | 3/22 | 0.6425 | 5.0% |
Exponent, Inc. | (EXPO) | 3/22 | 0.28 | 1.4% |
FactSet Research Systems Inc. | (FDS) | 3/21 | 0.98 | 0.8% |
Comfort Systems USA, Inc. | (FIX) | 3/19 | 0.25 | 0.3% |
The First of Long Island Corporation | (FLIC) | 3/21 | 0.21 | 7.8% |
Griffon Corporation | (GFF) | 3/21 | 0.15 | 0.9% |
Acushnet Holdings Corp. | (GOLF) | 3/22 | 0.215 | 1.4% |
The Home Depot, Inc. | (HD) | 3/21 | 2.25 | 2.4% |
Jacobs Solutions Inc. | (J) | 3/22 | 0.29 | 0.8% |
Knight-Swift Transportation Holdings Inc. | (KNX) | 3/25 | 0.16 | 1.2% |
Lithia Motors, Inc. | (LAD) | 3/22 | 0.5 | 0.7% |
LCI Industries | (LCII) | 3/22 | 1.05 | 3.8% |
L3Harris Technologies, Inc. | (LHX) | 3/22 | 1.16 | 2.2% |
Manulife Financial Corporation | (MFC) | 3/19 | 0.4 CAD | 4.9% |
Monro, Inc. | (MNRO) | 3/22 | 0.28 | 3.8% |
The Mosaic Company | (MOS) | 3/21 | 0.21 | 2.6% |
EnPro Inc. | (NPO) | 3/20 | 0.3 | 0.8% |
Insperity, Inc. | (NSP) | 3/21 | 0.57 | 2.3% |
Old Dominion Freight Line, Inc. | (ODFL) | 3/20 | 0.52 | 0.5% |
Old Republic International Corporation | (ORI) | 3/21 | 0.265 | 3.6% |
Open Text Corporation | (OTEX) | 3/20 | 0.25 | 2.6% |
QUALCOMM Incorporated | (QCOM) | 3/21 | 0.8 | 1.9% |
RLI Corp. | (RLI) | 3/20 | 0.27 | 0.7% |
Reliance Inc. | (RS) | 3/22 | 1.1 | 1.4% |
STERIS plc | (STE) | 3/22 | 0.52 | 0.9% |
Stanley Black & Decker, Inc. | (SWK) | 3/19 | 0.81 | 3.7% |
TriCo Bancshares | (TCBK) | 3/22 | 0.33 | 3.8% |
Truxton Corporation | 3/25 | 0.43 | 2.7% | |
United Bancorp, Inc. | (UBCP) | 3/20 | 0.1725 | 5.7% |
UnitedHealth Group Incorporated | (UNH) | 3/19 | 1.88 | 1.5% |
Victory Capital Holdings, Inc. | (VCTR) | 3/25 | 0.335 | 3.3% |
The Williams Companies, Inc. | (WMB) | 3/25 | 0.475 | 5.1% |
Xylem Inc. | (XYL) | 3/20 | 0.36 | 1.1% |
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 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!
