SXI - Dividend Champion Contender And Challenger Highlights: Week Of August 6
2023-08-05 15:14:51 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 However, since this list is only produced once per month, the data in it can quickly get out of date.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 |
| American States Water Company |
| ( AWR ) |
| 8/14 |
| 9/1 |
| 0.3975 |
| 0.43 |
| 8.18% |
| 2.00% |
| 69 |
| Chemed Corporation |
| ( CHE ) |
| 8/11 |
| 9/5 |
| 0.38 |
| 0.4 |
| 5.26% |
| 0.31% |
| 15 |
| Carlisle Companies Incorporated |
| ( CSL ) |
| 8/16 |
| 9/1 |
| 0.75 |
| 0.85 |
| 13.33% |
| 1.20% |
| 47 |
| Dover Corporation |
| ( DOV ) |
| 8/30 |
| 9/15 |
| 0.505 |
| 0.51 |
| 0.99% |
| 1.43% |
| 68 |
| Diamondback Energy, Inc. |
| ( FANG ) |
| 8/9 |
| 8/17 |
| 0.8 |
| 0.84 |
| 5.00% |
| 2.26% |
| 6 |
| Federal Realty Investment Trust |
| ( FRT ) |
| 9/21 |
| 10/16 |
| 1.08 |
| 1.09 |
| 0.93% |
| 4.22% |
| 56 |
| Hawkins, Inc. |
| ( HWKN ) |
| 8/17 |
| 9/1 |
| 0.15 |
| 0.16 |
| 6.67% |
| 1.30% |
| 19 |
| Illinois Tool Works Inc. |
| ( ITW ) |
| 9/28 |
| 10/12 |
| 1.31 |
| 1.4 |
| 6.87% |
| 2.27% |
| 49 |
| Reinsurance Group of America, Incorporated |
| ( RGA ) |
| 8/14 |
| 8/29 |
| 0.8 |
| 0.85 |
| 6.25% |
| 2.42% |
| 15 |
| Service Corporation International |
| ( SCI ) |
| 9/14 |
| 9/29 |
| 0.27 |
| 0.29 |
| 7.41% |
| 1.78% |
| 13 |
| Terreno Realty Corporation |
| ( TRNO ) |
| 9/28 |
| 10/13 |
| 0.4 |
| 0.45 |
| 12.50% |
| 3.03% |
| 13 |
| Wingstop Inc. |
| ( WING ) |
| 8/17 |
| 9/8 |
| 0.19 |
| 0.22 |
| 15.79% |
| 0.53% |
| 7 |
| Essential Utilities, Inc. |
| ( WTRG ) |
| 8/10 |
| 9/1 |
| 0.287 |
| 0.3071 |
| 7.00% |
| 3.02% |
| 31 |
Decreases:
| Company |
| Symbol |
| Old Rate |
| New Rate |
| Decrease |
| Years |
| MDU Resources Group, Inc. |
| ( MDU ) |
| 0.2225 |
| 0.125 |
| -43.82% |
| 31 |
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 Aug 7 (Ex-Div 8/8)
| Company |
| Symbol |
| Pay Date |
| Payout |
| Price |
| Yield |
| Years |
| Brown & Brown, Inc. |
| ( BRO ) |
| 8/16 |
| 0.115 |
| 70 |
| 0.66% |
| 29 |
| Colony Bankcorp, Inc. |
| ( CBAN ) |
| 8/23 |
| 0.11 |
| 11.14 |
| 3.95% |
| 7 |
| The Clorox Company |
| ( CLX ) |
| 8/25 |
| 1.2 |
| 164.01 |
| 2.93% |
| 46 |
| Kearny Financial Corp. |
| ( KRNY ) |
| 8/23 |
| 0.11 |
| 8.52 |
| 5.16% |
| 8 |
| Northfield Bancorp, Inc. (Staten Island, NY) |
| ( NFBK ) |
| 8/23 |
| 0.13 |
| 11.85 |
| 4.39% |
| 10 |
| Sandy Spring Bancorp, Inc. |
| ( SASR ) |
| 8/16 |
| 0.34 |
| 24.3 |
| 5.60% |
| 12 |
| Standex International Corporation |
| ( SXI ) |
| 8/25 |
| 0.28 |
| 155.28 |
| 0.72% |
| 12 |
| West Bancorporation, Inc. |
| ( WTBA ) |
| 8/23 |
| 0.25 |
| 19.46 |
| 5.14% |
| 12 |
Tuesday Aug 8 (Ex-Div 8/9)
| Company |
| Symbol |
| Pay Date |
| Payout |
| Price |
| Yield |
| Years |
| American Electric Power Company, Inc. |
| ( AEP ) |
| 9/8 |
| 0.83 |
| 81.24 |
| 4.09% |
| 13 |
| Diamondback Energy, Inc. |
| ( FANG ) |
| 8/17 |
| 0.84 |
| 148.57 |
| 2.26% |
| 6 |
| FS Bancorp, Inc. |
| ( FSBW ) |
| 8/24 |
| 0.25 |
| 31.29 |
| 3.20% |
| 11 |
| German American Bancorp, Inc. |
| ( GABC ) |
| 8/20 |
| 0.25 |
| 30.93 |
| 3.23% |
| 11 |
| International Business Machines Corporation |
| ( IBM ) |
| 9/9 |
| 1.66 |
| 144.24 |
| 4.60% |
| 28 |
| Landstar System, Inc. |
| ( LSTR ) |
| 8/25 |
| 0.33 |
| 199.55 |
| 0.66% |
| 19 |
| Mid Penn Bancorp, Inc. |
| ( MPB ) |
| 8/28 |
| 0.2 |
| 23.75 |
| 3.37% |
| 9 |
| Mueller Water Products, Inc |
| ( MWA ) |
| 8/21 |
| 0.061 |
| 14.19 |
| 1.72% |
| 8 |
| Nexstar Media Group, Inc. |
| ( NXST ) |
| 8/24 |
| 1.35 |
| 181.73 |
| 2.97% |
| 11 |
| Paychex, Inc. |
| ( PAYX ) |
| 8/24 |
| 0.89 |
| 122.99 |
| 2.89% |
| 13 |
| Pool Corporation |
| ( POOL ) |
| 8/24 |
| 1.1 |
| 381.49 |
| 1.15% |
| 13 |
| PPG Industries, Inc. |
| ( PPG ) |
| 9/12 |
| 0.65 |
| 140.57 |
| 1.85% |
| 52 |
| Sonoco Products Company |
| ( SON ) |
| 9/8 |
| 0.51 |
| 57.66 |
| 3.54% |
| 41 |
| S&T Bancorp, Inc. |
| ( STBA ) |
| 8/24 |
| 0.32 |
| 31.75 |
| 4.03% |
| 11 |
| Constellation Brands, Inc. |
| ( STZ ) |
| 8/24 |
| 0.89 |
| 268.02 |
| 1.33% |
| 9 |
| Wintrust Financial Corporation |
| ( WTFC ) |
| 8/24 |
| 0.4 |
| 84.48 |
| 1.89% |
| 10 |
Wednesday Aug 9 (Ex-Div 8/10)
| Company |
| Symbol |
| Pay Date |
| Payout |
| Price |
| Yield |
| Years |
| AmerisourceBergen Corporation |
| ( ABC ) |
| 8/28 |
| 0.485 |
| 185.33 |
| 1.05% |
| 18 |
| Atlantic Union Bankshares Corporation |
| ( AUB ) |
| 8/25 |
| 0.3 |
| 32.58 |
| 3.68% |
| 12 |
| Brookline Bancorp, Inc. |
| ( BRKL ) |
| 8/25 |
| 0.135 |
| 10.75 |
| 5.02% |
| 5 |
| Community Healthcare Trust Incorporated |
| ( CHCT ) |
| 8/25 |
| 0.4525 |
| 36.45 |
| 4.97% |
| 9 |
| Eagle Bancorp Montana, Inc. |
| ( EBMT ) |
| 9/1 |
| 0.14 |
| 13.33 |
| 4.20% |
| 24 |
| Enterprise Bancorp, Inc. |
| ( EBTC ) |
| 9/1 |
| 0.23 |
| 31.5 |
| 2.92% |
| 31 |
| Emerson Electric Co. |
| ( EMR ) |
| 9/11 |
| 0.52 |
| 95.55 |
| 2.18% |
| 66 |
| Entergy Corporation |
| ( ETR ) |
| 9/1 |
| 1.07 |
| 97.64 |
| 4.38% |
| 8 |
| First Community Bankshares, Inc. |
| ( FCBC ) |
| 8/25 |
| 0.29 |
| 33.86 |
| 3.43% |
| 11 |
| Honeywell International Inc. |
| ( HON ) |
| 9/1 |
| 1.03 |
| 189.21 |
| 2.18% |
| 12 |
| Hilltop Holdings Inc. |
| ( HTH ) |
| 8/25 |
| 0.16 |
| 29.87 |
| 2.14% |
| 8 |
| Heartland Financial USA, Inc. |
| ( HTLF ) |
| 8/25 |
| 0.3 |
| 33.05 |
| 3.63% |
| 7 |
| International Bancshares Corporation |
| ( IBOC ) |
| 8/25 |
| 0.63 |
| 48.29 |
| 2.61% |
| 14 |
| Lithia Motors, Inc. |
| ( LAD ) |
| 8/25 |
| 0.5 |
| 300.28 |
| 0.67% |
| 14 |
| Louisiana-Pacific Corporation |
| ( LPX ) |
| 8/25 |
| 0.24 |
| 65.05 |
| 1.48% |
| 6 |
| Masco Corporation |
| ( MAS ) |
| 8/28 |
| 0.285 |
| 59.38 |
| 1.92% |
| 10 |
| Midland States Bancorp, Inc. |
| ( MSBI ) |
| 8/18 |
| 0.3 |
| 23.71 |
| 5.06% |
| 8 |
| MSCI Inc. |
| ( MSCI ) |
| 8/31 |
| 1.38 |
| 542.26 |
| 1.02% |
| 10 |
| Middlesex Water Company |
| ( MSEX ) |
| 9/1 |
| 0.3125 |
| 79.98 |
| 1.56% |
| 50 |
| Oil-Dri Corporation of America |
| ( ODC ) |
| 8/25 |
| 0.29 |
| 63.7 |
| 1.82% |
| 21 |
| PCB Bancorp |
| ( PCB ) |
| 8/18 |
| 0.18 |
| 16.18 |
| 4.45% |
| 5 |
| PNM Resources, Inc. |
| ( PNM ) |
| 8/25 |
| 0.3675 |
| 44.33 |
| 3.32% |
| 12 |
| SB Financial Group, Inc. |
| ( SBFG ) |
| 8/25 |
| 0.13 |
| 13.85 |
| 3.75% |
| 11 |
| Starbucks Corporation |
| ( SBUX ) |
| 8/25 |
| 0.53 |
| 100.68 |
| 2.11% |
| 13 |
| SouthState Corporation |
| ( SSB ) |
| 8/18 |
| 0.52 |
| 78.35 |
| 2.65% |
| 12 |
| Taitron Components Incorporated |
| ( TAIT ) |
| 8/31 |
| 0.05 |
| 4.08 |
| 4.90% |
| 7 |
| Truist Financial Corporation |
| ( TFC ) |
| 9/1 |
| 0.52 |
| 32.07 |
| 6.49% |
| 12 |
| Timberland Bancorp, Inc. |
| ( TSBK ) |
| 8/25 |
| 0.23 |
| 30.93 |
| 2.97% |
| 11 |
| Visa Inc. |
| ( V ) |
| 9/1 |
| 0.45 |
| 238.99 |
| 0.75% |
| 15 |
| Walmart Inc. |
| ( WMT ) |
| 9/5 |
| 0.57 |
| 158.34 |
| 1.44% |
| 50 |
| Essential Utilities, Inc. |
| ( WTRG ) |
| 9/1 |
| 0.3071 |
| 40.66 |
| 3.02% |
| 31 |
For further details see:
Dividend Champion, Contender, And Challenger Highlights: Week Of August 6