DGICB - Dividend Champion Contender And Challenger Highlights: Week Of July 23
2023-07-23 07:50:02 ET
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.
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 However, since this list is only produced once per month, the data in it can quickly get out of date.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 |
For further details see:
Dividend Champion, Contender, And Challenger Highlights: Week Of July 23