Dividend Champion, Contender, And Challenger Highlights: Week Of September 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 However, since this list is only produced once per month, the data in it can quickly get out of date.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

Fifth Third Bancorp

(

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 Sep 18 (Ex-Div 9/19)

Company

Symbol

Pay Date

Payout

Price

Yield

Years

Arrow Financial Corporation

(AROW)

9/26

0.27

18.25

5.92%

29

New Jersey Resources Corporation

(NJR)

10/2

0.42

43.54

3.86%

28

Restaurant Brands International Inc.

(QSR)

10/4

0.55

68.58

3.21%

9

Tuesday Sep 19 (Ex-Div 9/20)

Company

Symbol

Pay Date

Payout

Price

Yield

Years

Broadcom Inc.

(AVGO)

9/29

4.6

851.68

2.16%

13

Gladstone Investment

(GAIN)

9/29

0.08

12.98

7.40%

11

Gladstone Land Corporation

(LAND)

9/29

0.0462

15.26

3.63%

9

Omnicom Group Inc.

(OMC)

10/12

0.7

77.41

3.62%

13

Synovus Financial Corp.

(SNV)

10/2

0.38

30.29

5.02%

10

VICI Properties Inc.

(VICI)

10/5

0.415

31.38

5.29%

6

Wednesday Sep 20 (Ex-Div 9/21)

Company

Symbol

Pay Date

Payout

Price

Yield

Years

First Guaranty Bancshares, Inc.

(FGBI)

9/29

0.16

11.25

5.69%

8

Federal Realty Investment Trust

(FRT)

10/16

1.09

98.82

4.41%

56

The Hackett Group, Inc.

(HCKT)

10/6

0.11

23.86

1.84%

9

International Flavors & Fragrances Inc.

(IFF)

10/5

0.81

69.05

4.69%

20

IF Bancorp, Inc.

(IROQ)

10/13

0.2

15.13

2.64%

7

Medtronic plc

(MDT)

10/13

0.69

81.77

3.38%

46

Thursday Sep 21 (Ex-Div 9/22)

Company

Symbol

Pay Date

Payout

Price

Yield

Years

Eversource Energy

(ES)

9/29

0.675

64.21

4.20%

25

Guaranty Bancshares, Inc.

(GNTY)

10/11

0.23

28.7

3.21%

7

Portland General Electric Company

(POR)

10/16

0.475

44.44

4.28%

18

W. R. Berkley Corporation

(WRB)

10/4

0.11

64.12

0.69%

22

Friday Sep 22 (Ex-Div 9/25)

Company

Symbol

Pay Date

Payout

Price

Yield

Years

Bank7 Corp.

(BSVN)

10/10

0.21

25

3.36%

5

Logitech International S.A.

(LOGI)

9/27

0.96 CHF

71.53

1.49%

10

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

AMERISAFE, Inc.

(AMSF)

9/22

0.34

2.7%

Auburn National Bancorporation, Inc.

(AUBN)

9/25

0.27

5.0%

Avery Dennison Corporation

(AVY)

9/20

0.81

1.8%

BlackRock, Inc.

(BLK)

9/22

5

2.9%

Commerce Bancshares, Inc.

(CBSH)

9/25

0.27

2.2%

Capital City Bank Group, Inc.

(CCBG)

9/25

0.2

2.6%

CNO Financial Group, Inc.

(CNO)

9/22

0.15

2.5%

Elevance Health Inc.

(ELV)

9/22

1.48

1.3%

Equinix, Inc.

(EQIX)

9/20

3.41

1.8%

Evergy, Inc.

(EVRG)

9/20

0.6125

4.5%

Exponent, Inc.

(EXPO)

9/22

0.26

1.1%

FactSet Research Systems Inc.

(FDS)

9/21

0.98

0.9%

First Financial Northwest, Inc.

(FFNW)

9/22

0.13

4.1%

L3Harris Technologies, Inc.

(LHX)

9/19

1.14

2.6%

Linde plc

(LIN)

9/19

1.275

1.3%

Lockheed Martin Corporation

(LMT)

9/22

3

2.8%

Manulife Financial Corporation

(MFC)

9/19

0.365 CAD

5.6%

The Mosaic Company

(MOS)

9/21

0.2

2.1%

Insperity, Inc.

(NSP)

9/22

0.57

2.3%

Old Dominion Freight Line, Inc.

(ODFL)

9/20

0.4

0.4%

Open Text Corporation

(OTEX)

9/22

0.25

2.6%

Perrigo Company plc

(PRGO)

9/19

0.273

3.3%

QUALCOMM Incorporated

(QCOM)

9/21

0.8

2.8%

RLI Corp.

(RLI)

9/20

0.27

0.8%

ResMed Inc.

(RMD)

9/21

0.48

1.3%

Rush Enterprises, Inc.

(RUSHA)

9/22

0.17

1.7%

STERIS plc

(STE)

9/22

0.52

0.9%

Stanley Black & Decker, Inc.

(SWK)

9/19

0.81

3.7%

Skyworks Solutions, Inc.

(SWKS)

9/19

0.68

2.8%

TriCo Bancshares

(TCBK)

9/22

0.3

3.6%

Triton International Limited

(TRTN)

9/22

0.7

3.4%

United Bancorp, Inc.

(UBCP)

9/20

0.1675

6.0%

UnitedHealth Group Incorporated

(UNH)

9/19

1.88

1.5%

Unity Bancorp, Inc.

(UNTY)

9/22

0.12

2.0%

Victory Capital Holdings, Inc.

(VCTR)

9/25

0.32

3.9%

Waste Management, Inc.

(WM)

9/22

0.7

1.7%

The Williams Companies, Inc.

(WMB)

9/25

0.4475

5.2%

In Case You Missed It

Here are links to the last two weekly highlights:

Week of September 10

Week of September 3

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 covers one or more microcap stocks. Please be aware of the risks associated with these stocks.