Dividend Champion, Contender, And Challenger Highlights: Week Of March 17

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 However, since this list is only produced once per month, the data in it can quickly get out of date.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

Applied Materials, Inc.

(AMAT)

5/22

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 Mar 18 (Ex-Div 3/19)

Company

Symbol

Pay Date

Payout

Price

Yield

Years

Main Street Capital

(MAIN)

6/14

0.24

46.2

6.23%

14

Vistra Corp.

(VST)

3/29

0.215

61.56

1.40%

6

Tuesday Mar 19 (Ex-Div 3/20)

Company

Symbol

Pay Date

Payout

Price

Yield

Years

Broadcom Inc.

(AVGO)

3/29

5.25

1235.5

1.70%

14

Best Buy Co., Inc.

(BBY)

4/11

0.94

78.02

4.82%

21

Bank7 Corp.

(BSVN)

4/4

0.21

27.92

3.01%

5

Gladstone Investment

(GAIN)

3/29

0.08

13.92

6.90%

12

Gladstone Land Corporation

(LAND)

3/29

0.0465

13

4.29%

10

NXP Semiconductors N.V.

(NXPI)

4/10

1.014

237.54

1.71%

6

Philip Morris International Inc.

(PM)

4/9

1.3

94.27

5.52%

16

Restaurant Brands International Inc.

(QSR)

4/4

0.58

79.01

2.94%

10

Synovus Financial Corp.

(SNV)

4/1

0.38

37.86

4.01%

10

Sempra

(SRE)

4/15

0.62

70.01

3.54%

21

VICI Properties Inc.

(VICI)

4/4

0.415

28.93

5.74%

6

Wednesday Mar 20 (Ex-Div 3/21)

Company

Symbol

Pay Date

Payout

Price

Yield

Years

IF Bancorp, Inc.

(IROQ)

4/15

0.2

16.5

2.42%

8

Medtronic plc

(MDT)

4/12

0.69

83.57

3.30%

46

Portland General Electric Company

(POR)

4/15

0.475

41.08

4.63%

18

Turning Point Brands, Inc.

(TPB)

4/12

0.07

27.65

1.01%

7

Thursday Mar 21 (Ex-Div 3/22)

Company

Symbol

Pay Date

Payout

Price

Yield

Years

Equity Residential

(EQR)

4/12

0.675

63.03

4.28%

7

Guaranty Bancshares, Inc.

(GNTY)

4/10

0.24

30.44

3.15%

8

Heartland BancCorp

(OTCQX:HLAN)

4/10

0.759

85.5

3.55%

11

Lennox International Inc.

(LII)

4/15

1.1

472.08

0.93%

14

Altria Group, Inc.

(MO)

4/30

0.98

43.87

8.94%

54

Friday Mar 22 (Ex-Div 3/25)

None

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

Assured Guaranty Ltd.

(AGO)

3/20

0.31

1.4%

Assurant, Inc.

(AIZ)

3/25

0.72

1.6%

Amcor plc

(AMCR)

3/19

0.125

5.3%

AMERISAFE, Inc.

(AMSF)

3/22

0.37

2.9%

Auburn National Bancorporation, Inc.

(AUBN)

3/25

0.27

5.5%

Avnet, Inc.

(AVT)

3/20

0.31

2.6%

Avery Dennison Corporation

(AVY)

3/20

0.81

1.5%

Atlantica Sustainable Infrastructure plc

(AY)

3/22

0.445

10.1%

BlackRock, Inc.

(BLK)

3/22

5.1

2.5%

Commerce Bancshares, Inc.

(CBSH)

3/25

0.27

2.1%

Capital City Bank Group, Inc.

(CCBG)

3/25

0.21

3.1%

CNO Financial Group, Inc.

(CNO)

3/22

0.15

2.3%

CRA International, Inc.

(CRAI)

3/22

0.42

1.2%

eBay Inc.

(EBAY)

3/25

0.27

2.1%

Elevance Health Inc.

(ELV)

3/22

1.63

1.3%

Equinix, Inc.

(EQIX)

3/20

4.26

2.0%

Essent Group Ltd.

(ESNT)

3/22

0.28

2.0%

Evergy, Inc.

(EVRG)

3/22

0.6425

5.0%

Exponent, Inc.

(EXPO)

3/22

0.28

1.4%

FactSet Research Systems Inc.

(FDS)

3/21

0.98

0.8%

Comfort Systems USA, Inc.

(FIX)

3/19

0.25

0.3%

The First of Long Island Corporation

(FLIC)

3/21

0.21

7.8%

Griffon Corporation

(GFF)

3/21

0.15

0.9%

Acushnet Holdings Corp.

(GOLF)

3/22

0.215

1.4%

The Home Depot, Inc.

(HD)

3/21

2.25

2.4%

Jacobs Solutions Inc.

(J)

3/22

0.29

0.8%

Knight-Swift Transportation Holdings Inc.

(KNX)

3/25

0.16

1.2%

Lithia Motors, Inc.

(LAD)

3/22

0.5

0.7%

LCI Industries

(LCII)

3/22

1.05

3.8%

L3Harris Technologies, Inc.

(LHX)

3/22

1.16

2.2%

Manulife Financial Corporation

(MFC)

3/19

0.4 CAD

4.9%

Monro, Inc.

(MNRO)

3/22

0.28

3.8%

The Mosaic Company

(MOS)

3/21

0.21

2.6%

EnPro Industries, Inc.

(NPO)

3/20

0.3

0.8%

Insperity, Inc.

(NSP)

3/21

0.57

2.3%

Old Dominion Freight Line, Inc.

(ODFL)

3/20

0.52

0.5%

Old Republic International Corporation

(ORI)

3/21

0.265

3.6%

Open Text Corporation

(OTEX)

3/20

0.25

2.6%

QUALCOMM Incorporated

(QCOM)

3/21

0.8

1.9%

RLI Corp.

(RLI)

3/20

0.27

0.7%

Reliance Steel & Aluminum Co.

(RS)

3/22

1.1

1.4%

STERIS plc

(STE)

3/22

0.52

0.9%

Stanley Black & Decker, Inc.

(SWK)

3/19

0.81

3.7%

TriCo Bancshares

(TCBK)

3/22

0.33

3.8%

Truxton Corporation

(OTCPK:TRUX)

3/25

0.43

2.7%

United Bancorp, Inc.

(UBCP)

3/20

0.1725

5.7%

UnitedHealth Group Incorporated

(UNH)

3/19

1.88

1.5%

Victory Capital Holdings, Inc.

(VCTR)

3/25

0.335

3.3%

The Williams Companies, Inc.

(WMB)

3/25

0.475

5.1%

Xylem Inc.

(XYL)

3/20

0.36

1.1%

In Case You Missed It

Here are links to the last two weekly highlights:

Week of March 3

Week of March 10

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.