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 However, since this list is only produced once per month, the data in it can quickly get out of date.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 |
The First Bancorp, Inc. |
(FNLC) |
7/8 |
7/22 |
0.32 |
0.34 |
6.25% |
4.49% |
9 |
Lindsay Corporation |
(LNN) |
8/16 |
8/31 |
0.33 |
0.34 |
3.03% |
0.98% |
20 |
Bank OZK |
(OZK) |
7/14 |
7/22 |
0.31 |
0.32 |
3.23% |
3.38% |
26 |
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 Jul 4
Markets closed in observance of Independence Day
Tuesday Jul 5 (Ex-Div 7/6)
Company |
Symbol |
Pay Date |
Payout |
Price |
Yield |
Years |
ABM Industries Incorporated |
(ABM) |
8/1 |
0.195 |
43.2 |
1.81% |
55 |
Sempra |
(SRE) |
7/15 |
1.145 |
153.56 |
2.98% |
19 |
Simpson Manufacturing Co., Inc. |
(SSD) |
7/28 |
0.26 |
102.55 |
1.01% |
9 |
Wednesday Jul 6 (Ex-Div 7/7)
Company |
Symbol |
Pay Date |
Payout |
Price |
Yield |
Years |
Brady Corporation |
(BRC) |
7/29 |
0.225 |
47.19 |
1.91% |
36 |
Farmers & Merchants Bancorp, Inc. |
(FMAO) |
7/20 |
0.19 |
33.34 |
2.28% |
18 |
Gentex Corporation |
(GNTX) |
7/20 |
0.12 |
28.36 |
1.69% |
11 |
Horizon Bancorp, Inc. |
(HBNC) |
7/22 |
0.16 |
17.88 |
3.58% |
12 |
Mastercard Incorporated |
(MA) |
8/9 |
0.49 |
318.24 |
0.62% |
11 |
NetApp, Inc. |
(NTAP) |
7/27 |
0.5 |
62.78 |
3.19% |
9 |
Roper Technologies, Inc. |
(ROP) |
7/22 |
0.62 |
400.67 |
0.62% |
29 |
Riverview Bancorp, Inc. |
(RVSB) |
7/21 |
0.06 |
6.61 |
3.63% |
8 |
The Toronto-Dominion Bank |
(TD) |
7/31 |
0.89 CAD |
66.22 |
4.19% |
8 |
Verizon Communications Inc. |
(VZ) |
8/1 |
0.64 |
51.64 |
4.96% |
17 |
Thursday Jul 7 (Ex-Div 7/8)
Company |
Symbol |
Pay Date |
Payout |
Price |
Yield |
Years |
The First Bancorp, Inc. |
(FNLC) |
7/22 |
0.34 |
30.31 |
4.49% |
9 |
Hormel Foods Corporation |
(HRL) |
8/15 |
0.26 |
47.72 |
2.18% |
54 |
Intuit Inc. |
(INTU) |
7/18 |
0.68 |
388.31 |
0.70% |
11 |
Lincoln National Corporation |
(LNC) |
8/1 |
0.45 |
47.59 |
3.78% |
12 |
McCormick & Company, Incorporated |
(MKC) |
7/25 |
0.37 |
82.67 |
1.79% |
35 |
OGE Energy Corp. |
(OGE) |
7/29 |
0.41 |
40.04 |
4.10% |
15 |
Shoe Carnival, Inc. |
(SCVL) |
7/25 |
0.09 |
21.26 |
1.69% |
11 |
UDR, Inc. |
(UDR) |
8/1 |
0.38 |
46.46 |
3.27% |
12 |
Universal Corporation |
(UVV) |
8/1 |
0.79 |
60.81 |
5.20% |
52 |
Friday Jul 8 (Ex-Div 7/11)
Company |
Symbol |
Pay Date |
Payout |
Price |
Yield |
Years |
Apogee Enterprises, Inc. |
(APOG) |
7/27 |
0.22 |
39.71 |
2.22% |
11 |
Glacier Bancorp, Inc. |
(GBCI) |
7/21 |
0.33 |
48.22 |
2.74% |
11 |
Oracle Corporation |
(ORCL) |
7/26 |
0.32 |
70.87 |
1.81% |
13 |
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) |
7/8 |
0.185 |
2.2% |
Alerus Financial Corporation |
(ALRS) |
7/8 |
0.18 |
3.0% |
American Tower Corporation |
(AMT) |
7/8 |
1.43 |
2.2% |
Avient Corporation |
(AVNT) |
7/7 |
0.2375 |
2.4% |
Broadridge Financial Solutions, Inc. |
(BR) |
7/6 |
0.64 |
1.7% |
Chubb Limited |
(CB) |
7/8 |
0.83 |
1.7% |
Community Bank System, Inc. |
(CBU) |
7/11 |
0.43 |
2.7% |
Equity LifeStyle Properties, Inc. |
(ELS) |
7/8 |
0.41 |
2.3% |
Eastman Chemical Company |
(EMN) |
7/8 |
0.76 |
3.4% |
FirstService Corporation |
(FSV) |
7/7 |
0.2025 |
0.7% |
Getty Realty Corp. |
(GTY) |
7/7 |
0.41 |
6.0% |
The Hackett Group, Inc. |
(HCKT) |
7/8 |
0.11 |
2.3% |
Hamilton Lane Incorporated |
(HLNE) |
7/7 |
0.4 |
2.4% |
HP Inc. |
(HPQ) |
7/6 |
0.25 |
3.1% |
Hurco Companies, Inc. |
(HURC) |
7/11 |
0.15 |
2.4% |
International Flavors & Fragrances Inc. |
(IFF) |
7/6 |
0.79 |
2.6% |
Independent Bank Corp. |
(INDB) |
7/8 |
0.51 |
2.5% |
J&J Snack Foods Corp. |
(JJSF) |
7/11 |
0.633 |
1.8% |
Lam Research Corporation |
(LRCX) |
7/6 |
1.5 |
1.5% |
Altria Group, Inc. |
(MO) |
7/11 |
0.9 |
8.5% |
Merck & Co., Inc. |
(MRK) |
7/8 |
0.69 |
3.0% |
NXP Semiconductors N.V. |
(NXPI) |
7/6 |
0.845 |
2.3% |
Omnicom Group Inc. |
(OMC) |
7/8 |
0.7 |
4.4% |
Restaurant Brands International Inc. |
(QSR) |
7/6 |
0.54 |
4.2% |
Regency Centers Corporation |
(REG) |
7/6 |
0.625 |
4.1% |
ServisFirst Bancshares, Inc. |
(SFBS) |
7/8 |
0.23 |
1.2% |
Schneider National, Inc. |
(SNDR) |
7/11 |
0.08 |
1.4% |
State Street Corporation |
(STT) |
7/11 |
0.57 |
3.6% |
Tootsie Roll Industries, Inc. |
(TR) |
7/7 |
0.09 |
1.0% |
Utah Medical Products, Inc. |
(UTMD) |
7/6 |
0.29 |
1.4% |
Washington Trust Bancorp, Inc. |
(WASH) |
7/8 |
0.54 |
4.4% |
W. R. Berkley Corporation |
(WRB) |
7/7 |
0.1 |
0.6% |
DENTSPLY SIRONA Inc. |
(XRAY) |
7/8 |
0.125 |
1.4% |
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.
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