Dividend Champion, Contender, And Challenger Highlights: Week Of March 3

Summary

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 However, since this list is only produced once per month, the data in it can quickly get out of date.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

Best Buy Co., Inc.

Decreases:

Company

Symbol

Old Rate

New Rate

Decrease

Years

American Tower Corporation

(AMT)

1.7

1.62

-4.71%

14

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 Mar 4 (Ex-Div 3/5)

Company

Symbol

Pay Date

Payout

Price

Yield

Years

Assured Guaranty Ltd.

(AGO)

3/20

0.31

91.81

1.35%

13

Avnet, Inc.

(AVT)

3/20

0.31

47.57

2.61%

11

Avery Dennison Corporation

(AVY)

3/20

0.81

216.72

1.50%

13

EnPro Inc.

(NPO)

3/20

0.3

155.52

0.77%

10

Old Dominion Freight Line, Inc.

(ODFL)

3/20

0.52

444.28

0.47%

8

Tootsie Roll Industries, Inc.

(TR)

3/28

0.09

32.53

1.11%

57

Tuesday Mar 5 (Ex-Div 3/6)

Company

Symbol

Pay Date

Payout

Price

Yield

Years

BlackRock, Inc.

(BLK)

3/22

5.1

814.83

2.50%

15

Commerce Bancshares, Inc.

(CBSH)

3/25

0.27

51.92

2.08%

55

Canadian National Railway Company

(CNI)

3/28

0.845 CAD

130.31

1.92%

29

The Home Depot, Inc.

(HD)

3/21

2.25

384.45

2.34%

15

Lancaster Colony Corporation

(LANC)

3/29

0.9

206.25

1.75%

61

The Mosaic Company

(MOS)

3/21

0.21

31.63

2.66%

6

Northrim BanCorp, Inc.

(NRIM)

3/15

0.61

48.52

5.03%

15

Insperity, Inc.

(NSP)

3/21

0.57

102.59

2.22%

13

Wednesday Mar 6 (Ex-Div 3/7)

Company

Symbol

Pay Date

Payout

Price

Yield

Years

Automatic Data Processing, Inc.

(ADP)

4/1

1.4

249.69

2.24%

48

AMETEK, Inc.

(AME)

3/28

0.28

180.68

0.62%

5

AMERISAFE, Inc.

(AMSF)

3/22

0.37

52.19

2.84%

12

Auburn National Bancorporation, Inc.

(AUBN)

3/25

0.27

21.08

5.12%

22

Becton, Dickinson and Company

(BDX)

3/29

0.95

235.31

1.61%

52

Brown-Forman Corporation

(BF.B)

4/1

0.2178

60.37

1.44%

39

CME Group Inc.

(CME)

3/26

1.15

219.21

2.10%

14

CNO Financial Group, Inc.

(CNO)

3/22

0.15

26.97

2.22%

12

Elevance Health Inc.

(ELV)

3/22

1.63

499.11

1.31%

14

Exponent, Inc.

(EXPO)

3/22

0.28

80.73

1.39%

12

First American Financial Corporation

(FAF)

3/15

0.53

58.59

3.62%

14

Comfort Systems USA, Inc.

(FIX)

3/19

0.25

314.43

0.32%

11

Farmers National Banc Corp.

(FMNB)

3/29

0.17

13.32

5.11%

8

ITT Inc.

(ITT)

4/1

0.319

126.66

1.01%

12

Jack Henry & Associates, Inc.

(JKHY)

3/26

0.55

171.96

1.28%

34

Kimberly-Clark Corporation

(KMB)

4/2

1.22

122.9

3.97%

52

Knight-Swift Transportation Holdings Inc.

(KNX)

3/25

0.16

55.2

1.16%

5

Lithia Motors, Inc.

(LAD)

3/22

0.5

299.7

0.67%

14

LCI Industries

(LCII)

3/22

1.05

126.61

3.32%

8

L3Harris Technologies, Inc.

(LHX)

3/22

1.16

209.81

2.21%

23

Main Street Capital

(MAIN)

6/14

0.24

45.44

6.34%

14

Monro, Inc.

(MNRO)

3/22

0.28

33.36

3.36%

19

Public Service Enterprise Group Incorporated

(PEG)

3/29

0.6

62.24

3.86%

13

Perrigo Company plc

(PRGO)

3/26

0.276

26.33

4.19%

22

Reliance, Inc.

(RS)

3/22

1.1

320.18

1.37%

14

Silvercrest Asset Management Group Inc.

(SAMG)

3/15

0.19

16.94

4.49%

6

Schneider National, Inc.

(SNDR)

4/9

0.095

22.92

1.66%

8

Stanley Black & Decker, Inc.

(SWK)

3/19

0.81

89.57

3.62%

56

TriCo Bancshares

(TCBK)

3/22

0.33

33.07

3.99%

12

The Travelers Companies, Inc.

(TRV)

3/29

1

218.82

1.83%

19

United Bancorp, Inc.

(UBCP)

3/20

0.1725

12.25

5.63%

11

United Bankshares Inc.

(UBSI)

4/1

0.37

34.18

4.33%

49

Wingstop Inc.

(WING)

3/29

0.22

366.28

0.24%

7

The Williams Companies, Inc.

(WMB)

3/25

0.475

36.4

5.22%

7

WesBanco, Inc.

(WSBC)

4/1

0.36

28.5

5.05%

14

Thursday Mar 7 (Ex-Div 3/8)

Company

Symbol

Pay Date

Payout

Price

Yield

Years

BWX Technologies, Inc.

(BWXT)

3/28

0.24

102.38

0.94%

9

Capital City Bank Group, Inc.

(CCBG)

3/25

0.21

28.19

2.98%

11

eBay Inc.

(EBAY)

3/25

0.27

48.05

2.25%

6

Eaton Corporation plc

(ETN)

3/29

0.94

293.7

1.28%

15

Evergy, Inc.

(EVRG)

3/22

0.6425

49.12

5.23%

19

Genpact Limited

(G)

3/26

0.1525

33.94

1.80%

8

Global Industrial Company

(GIC)

3/18

0.25

42.21

2.37%

9

Old Republic International Corporation

(ORI)

3/21

0.245

29.17

3.36%

42

Spire Inc.

(SR)

4/2

0.755

59.61

5.07%

21

Truxton Corporation

(OTCPK:TRUX)

3/25

0.43

63.99

2.69%

12

UMB Financial Corporation

(UMBF)

4/1

0.39

80.6

1.94%

31

UnitedHealth Group Incorporated

(UNH)

3/19

1.88

489.53

1.54%

14

Victory Capital Holdings, Inc.

(VCTR)

3/25

0.335

38.55

3.48%

6

Friday Mar 8 (Ex-Div 3/11)

Company

Symbol

Pay Date

Payout

Price

Yield

Years

Apollo Bancorp, Inc.

(OTCPK:APLO)

4/1

0.56

36

6.22%

13

Atlantica Sustainable Infrastructure plc

(AY)

3/22

0.445

17.82

9.99%

7

CRA International, Inc.

(CRAI)

3/22

0.42

130.55

1.29%

8

Evans Bancorp, Inc.

(EVBN)

4/9

0.66

29.72

4.44%

12

Principal Financial Group, Inc.

(PFG)

3/28

0.69

80.05

3.45%

16

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 Electric Power Company, Inc.

(AEP)

3/8

0.88

4.1%

Amgen Inc.

(AMGN)

3/7

2.25

3.2%

Atmos Energy Corporation

(ATO)

3/11

0.805

2.9%

Badger Meter, Inc.

(BMI)

3/8

0.27

0.7%

Cable One, Inc.

(CABO)

3/8

2.95

2.6%

Cabot Corporation

(CBT)

3/8

0.4

1.9%

Celanese Corporation

(CE)

3/5

0.7

1.8%

Cummins Inc.

(CMI)

3/7

1.68

2.5%

CNA Financial Corporation

(CNA)

3/7

0.44

4.1%

Chevron Corporation

(CVX)

3/11

1.63

4.3%

Discover Financial Services

(DFS)

3/7

0.7

2.3%

Emerson Electric Co.

(EMR)

3/11

0.525

1.9%

Evercore Inc.

(EVR)

3/8

0.76

1.6%

First BanCorp.

(FBP)

3/8

0.16

3.8%

Fidelity D & D Bancorp, Inc.

(FDBC)

3/8

0.38

3.1%

The Gorman-Rupp Company

(GRC)

3/8

0.18

1.9%

Huntington Ingalls Industries, Inc.

(HII)

3/8

1.3

1.8%

HNI Corporation

(HNI)

3/6

0.32

2.9%

Home Bancshares, Inc. (Conway, AR)

(HOMB)

3/6

0.18

3.1%

International Business Machines Corporation

(IBM)

3/9

1.66

3.5%

Johnson & Johnson

(JNJ)

3/5

1.19

2.9%

Littelfuse, Inc.

(LFUS)

3/7

0.65

1.1%

Eli Lilly and Company

(LLY)

3/8

1.3

0.7%

Louisiana-Pacific Corporation

(LPX)

3/8

0.26

1.4%

Landstar System, Inc.

(LSTR)

3/8

0.33

0.7%

LyondellBasell Industries N.V.

(LYB)

3/11

1.25

5.0%

Masco Corporation

(MAS)

3/11

0.29

1.5%

Matson, Inc.

(MATX)

3/7

0.32

1.2%

Microchip Technology Incorporated

(MCHP)

3/8

0.45

2.1%

Magna International Inc.

(MGA)

3/8

0.475

3.5%

MSA Safety Incorporated

(MSA)

3/10

0.47

1.0%

Materion Corporation

(MTRN)

3/8

0.13

0.4%

Murphy USA Inc.

(MUSA)

3/7

0.42

0.4%

Nordson Corporation

(NDSN)

3/5

0.68

1.0%

Oil-Dri Corporation of America

(ODC)

3/8

0.29

1.6%

ONE Gas, Inc.

(OGS)

3/8

0.66

4.4%

Otter Tail Corporation

(OTTR)

3/8

0.4675

2.1%

Park National Corporation

(PRK)

3/8

1.06

3.3%

Rockwell Automation, Inc.

(ROK)

3/11

1.25

1.7%

The Sherwin-Williams Company

(SHW)

3/8

0.715

0.9%

Snap-on Incorporated

(SNA)

3/11

1.86

2.7%

The Southern Company

(SO)

3/6

0.7

4.2%

Sonoco Products Company

(SON)

3/8

0.51

3.6%

Target Corporation

(TGT)

3/10

1.1

2.8%

The Timken Company

(TKR)

3/6

0.33

1.6%

Thomson Reuters Corporation

(TRI)

3/8

0.54

1.4%

United Parcel Service, Inc.

(UPS)

3/8

1.63

4.4%

Washington Federal, Inc.

(WAFD)

3/8

0.26

3.8%

Exxon Mobil Corporation

(XOM)

3/11

0.95

3.6%

Yum! Brands, Inc.

(YUM)

3/8

0.67

2.0%

In Case You Missed It

Here are links to the last two weekly highlights:

Week of February 18

Week of February 25

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.