Dividend Champion, Contender, And Challenger Highlights: Week Of April 30
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.
- I do much more than just articles at The Dividend Kings: Members get access to model portfolios, regular updates, a chat room, and more. Learn More »
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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 However, since this list is only produced once per month, the data in it can quickly get out of date.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 |
Civista Bancshares, Inc. | (CIVB) | 5/8 | 5/24 | 0.14 | 0.15 | 7.14% | 3.78% | 13 |
First Financial Bankshares, Inc. | (FFIN) | 6/14 | 7/3 | 0.17 | 0.18 | 5.88% | 2.46% | 13 |
Comfort Systems USA, Inc. | (FIX) | 5/17 | 5/29 | 0.175 | 0.2 | 14.29% | 0.54% | 11 |
MetLife, Inc. | (MET) | 5/8 | 6/14 | 0.5 | 0.52 | 4.00% | 3.39% | 11 |
NewMarket Corporation | (NEU) | 6/14 | 7/3 | 2.1 | 2.25 | 7.14% | 2.25% | 18 |
Paychex, Inc. | (PAYX) | 5/10 | 5/25 | 0.79 | 0.89 | 12.66% | 3.24% | 13 |
Sysco Corporation | (SYY) | 7/6 | 7/28 | 0.49 | 0.5 | 2.04% | 2.61% | 53 |
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 May 1 (Ex-Div 5/2)
Company | Symbol | Pay Date | Payout | Price | Yield | Years |
D.R. Horton, Inc. | (DHI) | 5/10 | 0.25 | 109.82 | 0.91% | 9 |
IDACORP, Inc. | (IDA) | 5/31 | 0.79 | 111.12 | 2.84% | 11 |
Tuesday May 2 (Ex-Div 5/3)
Company | Symbol | Pay Date | Payout | Price | Yield | Years |
AptarGroup, Inc. | (ATR) | 5/25 | 0.38 | 118.51 | 1.28% | 29 |
Armstrong World Industries, Inc. | (AWI) | 5/18 | 0.254 | 68.66 | 1.48% | 5 |
Entergy Corporation | (ETR) | 6/1 | 1.07 | 107.58 | 3.98% | 8 |
Franklin Electric Co., Inc. | (FELE) | 5/18 | 0.225 | 89.47 | 1.01% | 31 |
Hess Midstream LP | (HESM) | 5/12 | 0.59 | 29.34 | 8.04% | 7 |
Heritage Financial Corporation | (HFWA) | 5/18 | 0.22 | 17.61 | 5.00% | 13 |
Independent Bank Group, Inc. | (IBTX) | 5/18 | 0.38 | 36.38 | 4.18% | 9 |
Landstar System, Inc. | (LSTR) | 5/26 | 0.3 | 176.03 | 0.68% | 18 |
Northwest Bancshares, Inc. | (NWBI) | 5/15 | 0.2 | 11.69 | 6.84% | 13 |
Constellation Brands, Inc. | (STZ) | 5/18 | 0.89 | 229.47 | 1.55% | 9 |
Wednesday May 3 (Ex-Div 5/4)
Company | Symbol | Pay Date | Payout | Price | Yield | Years |
Bank of Marin Bancorp | (BMRC) | 5/12 | 0.25 | 17.63 | 5.67% | 18 |
CMS Energy Corporation | (CMS) | 5/31 | 0.4875 | 62.26 | 3.13% | 17 |
Costco Wholesale Corporation | (COST) | 5/19 | 1.02 | 503.22 | 0.81% | 20 |
First Commonwealth Financial Corporation | (FCF) | 5/19 | 0.125 | 12.48 | 4.01% | 7 |
Franklin Financial Services Corporation | (FRAF) | 5/24 | 0.32 | 29.02 | 4.41% | 8 |
Independent Bank Corporation | (IBCP) | 5/15 | 0.23 | 17.82 | 5.16% | 10 |
Lamb Weston Holdings, Inc. | (LW) | 6/2 | 0.28 | 111.81 | 1.00% | 7 |
MPLX LP | (MPLX) | 5/15 | 0.775 | 34.99 | 8.86% | 10 |
NextEra Energy Partners, LP | (NEP) | 5/15 | 0.8425 | 57.51 | 5.86% | 10 |
Norfolk Southern Corporation | (NSC) | 5/20 | 1.35 | 203.03 | 2.66% | 7 |
Premier Financial Corp. | (PFC) | 5/12 | 0.31 | 16.61 | 7.47% | 13 |
Postal Realty Trust, Inc. | (PSTL) | 5/31 | 0.24 | 15.37 | 6.25% | 5 |
Sirius XM Holdings Inc. | (SIRI) | 5/24 | 0.0242 | 3.8 | 2.55% | 7 |
Walmart Inc. | (WMT) | 5/30 | 0.57 | 150.97 | 1.51% | 50 |
WSFS Financial Corporation | (WSFS) | 5/19 | 0.15 | 35.17 | 1.71% | 9 |
Thursday May 4 (Ex-Div 5/5)
Company | Symbol | Pay Date | Payout | Price | Yield | Years |
Ameriprise Financial, Inc. | (AMP) | 5/19 | 1.35 | 305.12 | 1.77% | 19 |
Brown & Brown, Inc. | (BRO) | 5/17 | 0.12 | 64.39 | 0.75% | 30 |
California Water Service Group | (CWT) | 5/19 | 0.26 | 56.08 | 1.85% | 56 |
Delek Logistics Partners, LP | (DKL) | 5/15 | 1.02 | 47.03 | 8.68% | 11 |
Eaton Corporation plc | (ETN) | 5/26 | 0.86 | 167.12 | 2.06% | 14 |
First Business Financial Services, Inc. | (FBIZ) | 5/18 | 0.23 | 28.69 | 3.21% | 11 |
The First Bancshares, Inc. | (FBMS) | 5/24 | 0.22 | 25.1 | 3.51% | 6 |
First Interstate BancSystem, Inc. | (FIBK) | 5/18 | 0.47 | 25.59 | 7.35% | 13 |
W.W. Grainger, Inc. | (GWW) | 6/1 | 1.86 | 695.57 | 1.07% | 52 |
Lakeland Bancorp, Inc. | (LBAI) | 5/17 | 0.14 | 14.34 | 3.91% | 12 |
Main Street Capital | (MAIN) | 5/15 | 0.23 | 40.52 | 6.81% | 13 |
Matthews International Corporation | (MATW) | 5/22 | 0.23 | 37.87 | 2.43% | 28 |
Magellan Midstream Partners, L.P. | (MMP) | 5/15 | 1.0475 | 55.8 | 7.51% | 22 |
Peoples Bancorp Inc. | (PEBO) | 5/22 | 0.39 | 26.06 | 5.99% | 8 |
Sensient Technologies Corporation | (SXT) | 6/1 | 0.41 | 74.46 | 2.20% | 17 |
Texas Instruments Incorporated | (TXN) | 5/16 | 1.24 | 167.2 | 2.97% | 19 |
Westamerica Bancorporation | (WABC) | 5/19 | 0.42 | 40.51 | 4.15% | 31 |
Friday May 5 (Ex-Div 5/8)
Company | Symbol | Pay Date | Payout | Price | Yield | Years |
Apogee Enterprises, Inc. | (APOG) | 5/24 | 0.24 | 42.56 | 2.26% | 12 |
American Water Works Company, Inc. | (AWK) | 6/1 | 0.7075 | 148.25 | 1.91% | 16 |
MetLife, Inc. | (MET) | 6/14 | 0.52 | 61.33 | 3.39% | 11 |
National Instruments Corporation | (NATI) | 5/31 | 0.28 | 58.23 | 1.92% | 9 |
Orrstown Financial Services, Inc. | (ORRF) | 5/16 | 0.2 | 19.17 | 4.17% | 9 |
Tompkins Financial Corporation | (TMP) | 5/16 | 0.6 | 58.62 | 4.09% | 36 |
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 Products and Chemicals, Inc. | (APD) | 5/8 | 1.75 | 2.4% |
H.B. Fuller Company | (FUL) | 5/4 | 0.205 | 1.2% |
Graco Inc. | (GGG) | 5/3 | 0.235 | 1.2% |
Lakeland Financial Corporation | (LKFN) | 5/5 | 0.46 | 3.6% |
The PNC Financial Services Group, Inc. | (PNC) | 5/5 | 1.5 | 4.6% |
Pentair plc | (PNR) | 5/5 | 0.22 | 1.5% |
Star Group, L.P. | (SGU) | 5/2 | 0.1625 | 4.8% |
Union Bankshares, Inc. | (UNB) | 5/4 | 0.36 | 6.5% |
West Pharmaceutical Services, Inc. | (WST) | 5/3 | 0.19 | 0.2% |
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.
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This article was written by
I am the curator of the Dividend Champions list, a monthly publication of companies with a history of consistently increasing their dividends. My primary investing focus is in deep value and dividend paying stocks, but I am constantly exploring alternative strategies. I have a Ph.D in Chemistry from Rice University and have earned the CFA Institute Investment Foundations certificate. I am a contributor to The Dividend Kings marketplace service.
Analyst’s Disclosure: I/we have a beneficial long position in the shares of SYY either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.