Dividend Champion, Contender, And Challenger Highlights: Week Of February 18

Summary

Little piggy banks on ascending stacks of coins

PM Images

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 However, since this list is only produced once per month, the data in it can quickly get out of date.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

Brunswick Corporation

(BC)

2/23

3/15

Decreases:

Company

Symbol

Old Rate

New Rate

Decrease

Years

Nu Skin Enterprises, Inc.

(NUS)

0.39

0.06

-84.62%

23

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 Feb 19

Markets closed in observance of Presidents' Day

Tuesday Feb 20 (Ex-Div 2/21)

Company

Symbol

Pay Date

Payout

Price

Yield

Years

Applied Materials, Inc.

(AMAT)

3/14

0.32

199.57

0.64%

6

Discover Financial Services

(DFS)

3/7

0.7

110.49

2.53%

13

Littelfuse, Inc.

(LFUS)

3/7

0.65

247.13

1.05%

14

Masco Corporation

(MAS)

3/11

0.29

73.16

1.59%

11

Materion Corporation

(MTRN)

3/8

0.13

137.67

0.38%

11

Wednesday Feb 21 (Ex-Div 2/22)

Company

Symbol

Pay Date

Payout

Price

Yield

Years

Avista Corporation

(AVA)

3/15

0.475

33.57

5.66%

22

Boise Cascade Company

(BCC)

3/15

0.2

139.98

0.57%

7

Badger Meter, Inc.

(BMI)

3/8

0.27

157.41

0.69%

31

Cabot Corporation

(CBT)

3/8

0.4

81.71

1.96%

12

Cummins Inc.

(CMI)

3/7

1.68

266.48

2.52%

18

Evercore Inc.

(EVR)

3/8

0.76

184.43

1.65%

17

First BanCorp.

(FBP)

3/8

0.16

16.75

3.82%

7

Huntington Ingalls Industries, Inc.

(HII)

3/8

1.3

285.09

1.82%

12

Jacobs Solutions Inc.

(J)

3/22

0.29

147.54

0.79%

6

Louisiana-Pacific Corporation

(LPX)

3/8

0.26

68.54

1.52%

7

Microchip Technology Incorporated

(MCHP)

3/8

0.45

81.61

2.21%

23

Moody's Corporation

(MCO)

3/15

0.85

370.76

0.92%

15

Magna International Inc.

(MGA)

3/8

0.475

54.94

3.46%

15

National Bank Holdings Corporation

(NBHC)

3/15

0.27

34.4

3.14%

8

Oil-Dri Corporation of America

(ODC)

3/8

0.29

69.66

1.67%

21

ONE Gas, Inc.

(OGS)

3/8

0.66

60.74

4.35%

11

Robert Half Inc.

(RHI)

3/15

0.53

80.84

2.62%

21

STERIS plc

(STE)

3/22

0.52

231.23

0.90%

19

WaFd, Inc

(WAFD)

3/8

0.26

28.77

3.61%

14

Thursday Feb 22 (Ex-Div 2/23)

Company

Symbol

Pay Date

Payout

Price

Yield

Years

Atmos Energy Corporation

(ATO)

3/11

0.805

113.95

2.83%

40

Brunswick Corporation

(BC)

3/15

0.42

86.42

1.94%

12

CDW Corporation

(CDW)

3/12

0.62

241.37

1.03%

11

Chemed Corporation

(CHE)

3/15

0.4

583.43

0.27%

15

Equitable Holdings, Inc.

(EQH)

3/4

0.22

34.21

2.57%

6

HNI Corporation

(HNI)

3/6

0.32

43.53

2.94%

13

Northrop Grumman Corporation

(NOC)

3/13

1.87

450.96

1.66%

20

The Sherwin-Williams Company

(SHW)

3/8

0.715

309.08

0.93%

46

Snap-on Incorporated

(SNA)

3/11

1.86

267.24

2.78%

14

Tractor Supply Company

(TSCO)

3/12

1.1

236.49

1.86%

15

Friday Feb 23 (Ex-Div 2/26)

Company

Symbol

Pay Date

Payout

Price

Yield

Years

Muncy Columbia Financial Corporation

(OTCQX:CCFN)

3/14

0.44

33

5.33%

27

KeyCorp

(KEY)

3/15

0.205

14.07

5.83%

13

Kinsale Capital Group, Inc.

(KNSL)

3/13

0.15

505.03

0.12%

9

NextEra Energy, Inc.

(NEE)

3/15

0.515

57.03

3.61%

30

Rush Enterprises, Inc.

(RUSHA)

3/18

0.17

46.75

1.45%

6

S&P Global Inc.

(SPGI)

3/12

0.91

423.57

0.86%

51

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

American National Bankshares Inc.

(AMNB)

2/26

0.3

2.6%

Arrow Financial Corporation

(AROW)

2/23

0.27

4.4%

Artesian Resources Corporation

(ARTNA)

2/23

0.2897

3.2%

AptarGroup, Inc.

(ATR)

2/22

0.41

1.2%

Atlantic Union Bankshares Corporation

(AUB)

2/23

0.32

3.8%

Brookline Bancorp, Inc.

(BRKL)

2/23

0.135

5.4%

Cambridge Bancorp

(CATC)

2/22

0.67

4.0%

Colony Bankcorp, Inc.

(CBAN)

2/21

0.1125

3.9%

Cencora, Inc.

(COR)

2/26

0.51

0.9%

CapStar Financial Holdings, Inc.

(CSTR)

2/21

0.11

2.4%

California Water Service Group

(CWT)

2/23

0.28

2.4%

Dolby Laboratories, Inc.

(DLB)

2/22

0.3

1.5%

First Business Financial Services, Inc.

(FBIZ)

2/21

0.25

2.8%

The First Bancshares, Inc.

(FBMS)

2/23

0.25

4.0%

First Community Bankshares, Inc.

(FCBC)

2/23

0.29

3.5%

First Commonwealth Financial Corporation

(FCF)

2/23

0.125

3.7%

FS Bancorp, Inc.

(FSBW)

2/22

0.26

3.0%

H.B. Fuller Company

(FUL)

2/21

0.205

1.1%

Heritage Financial Corporation

(HFWA)

2/22

0.23

4.9%

J.B. Hunt Transport Services, Inc.

(JBHT)

2/23

0.43

0.8%

Midland States Bancorp, Inc.

(MSBI)

2/23

0.31

5.0%

Northeast Indiana Bancorp, Inc.

(OTCQB:NIDB)

2/22

0.17

3.8%

Nexstar Media Group, Inc.

(NXST)

2/23

1.69

3.9%

Royal Bank of Canada

(RY)

2/23

1.38 CAD

4.1%

SB Financial Group, Inc.

(SBFG)

2/23

0.135

3.7%

Starbucks Corporation

(SBUX)

2/23

0.57

2.4%

Sirius XM Holdings Inc.

(SIRI)

2/23

0.0266

2.2%

S&T Bancorp, Inc.

(STBA)

2/22

0.33

4.1%

Constellation Brands, Inc.

(STZ)

2/22

0.89

1.5%

Standex International Corporation

(SXI)

2/26

0.3

0.7%

Timberland Bancorp, Inc.

(TSBK)

2/23

0.24

3.4%

Woodlands Financial Services Company

(OTCPK:WDFN)

2/23

0.29

6.6%

WSFS Financial Corporation

(WSFS)

2/23

0.15

1.4%

Williams-Sonoma, Inc.

(WSM)

2/23

0.9

1.6%

Wintrust Financial Corporation

(WTFC)

2/22

0.45

1.9%

Zions Bancorporation, National Association

(ZION)

2/22

0.41

4.0%

In Case You Missed It

Here are links to the last two weekly highlights:

Week of February 4

Week of February 11

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.