© Reuters.
Here are 3 big dividend hikes to start the week, all covered in real time on InvestingPro.
Royalty Pharma Plc (NASDAQ:) hiked its quarterly dividend by 5.3% to $0.20 per share, or $0.8 annualized, for an annual yield of 2.1%. The dividend will be payable on March 15, 2023, to stockholders of record on February 16, 2023, with an ex-dividend date of February 15, 2023. The company also provided an update on its business performance, including recent key accomplishments and the full-year 2022 outlook, expecting strong financial performance for the year. As a result, shares closed more than 2% higher yesterday.
EMCOR Group (NYSE:) declared a quarterly dividend of $0.15 per share, or $0.6 annualized, for an annual yield of 0.4%. The dividend will be payable on January 31, 2023, to stockholders of record on January 17, 2023, with an ex-dividend date of January 13, 2023.
Kentucky First Federal Bancorp (NASDAQ:) declared a quarterly dividend of $0.10 per share, or $0.4 annualized, for an annual yield of 6.1%. The dividend will be payable on February 16, 2023, to stockholders of record on January 31, 2023, with an ex-dividend date of January 30, 2023.
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