Investing

US Dividend increase

  • Last Updated:
  • Nov 29th, 2022 1:59 pm
[OP]
Newbie
Nov 7, 2019
33 posts
26 upvotes

US Dividend increase

I don't see a thread for US dividend increase. Let's start one here.
But my current USD portion is only 5% of portfolio, I don't want to convert CAD to USD at 1.3 to 1. If USD:CAD returns to 1:1, then I'll consider increase the USD allocation.

Snap-on Raises Dividend 13.7%
November 8, 2019

Snap-on Incorporated (SNA) announced that its Board of Directors has declared a quarterly common stock dividend of $1.08 per share payable December 10, 2019 to shareholders of record on November 20, 2019. This represents an increase of $0.13 per share, or 13.7%, over Snap-on's previous quarterly dividend of $0.95 per share.
Last edited by kyle2570 on Nov 28th, 2019 9:36 am, edited 1 time in total.
671 replies
[OP]
Newbie
Nov 7, 2019
33 posts
26 upvotes
ADP Increases Cash Dividend; Marks 45th Consecutive Year of Dividend Increases
Nov 12, 2019

ROSELAND, N.J., Nov. 12, 2019 /PRNewswire/ -- The board of directors of Automatic Data Processing, Inc. (Nasdaq: ADP) approved a $0.12 increase in the quarterly cash dividend to an annual rate of $3.64 per share, Carlos Rodriguez, ADP's president and chief executive officer, announced today. The increased cash dividend marks the 45th consecutive year in which ADP, a leading global technology company providing human capital management (HCM) solutions, has raised its quarterly dividend.

"The 15% increase in our quarterly dividend is the latest example of ADP's long-standing commitment to shareholder-friendly actions and is a strong signal of the board's confidence in ADP's future," said Carlos Rodriguez.

The new quarterly dividend rate of $0.91 per share will be distributed on January 1, 2020 to shareholders of record on December 13, 2019.
Sr. Member
Nov 24, 2016
678 posts
978 upvotes
Thanks for the thread.

Last night I was checking to see if I had any increases on my US side and somehow I had missed the 10% increase for Abbvie from 2.5 weeks ago.
Deal Addict
Apr 27, 2015
2858 posts
1506 upvotes
Mississauga
MashGhasem wrote: Thanks for the thread.

Last night I was checking to see if I had any increases on my US side and somehow I had missed the 10% increase for Abbvie from 2.5 weeks ago.
100% agree! I started investing in US blue chips 7-8 years ago (when USD vs CDN were at par , than my US allocation was about 20%, now , because of drop in FX rate and better return on US market, I'm about 50/50 US/CDN.
My next upcoming increases are coming from COP on Dec 2, COP increased dividends by 35% , from 0.31 to 0.42 AND MCD 7.8% increase from 1.16 to 1.25
Another Dec increase from LMT , 9% from 2.2 to 2.4
"All animals are equal but some animals are more equal than others" George Orwell
Deal Addict
Dec 28, 2007
1118 posts
675 upvotes
Hormel Foods Announces 54th Consecutive Increase to Annual Dividend
AUSTIN, Minn., Nov. 25, 2019 /PRNewswire/ -- The Board of Directors of Hormel Foods Corporation (NYSE: HRL), a global branded food company, today announced an 11 percent increase to the annual dividend to shareholders, marking the 54th consecutive annual dividend increase.

The annual dividend on the common stock of the corporation was raised to $0.93 per share from $0.84 per share.

The Board of Directors authorized the first quarterly dividend of 23.25 cents ($0.2325) a share to be paid on Feb. 18, 2020, to stockholders of record at the close of business on Jan. 13, 2020.

The Feb. 18 payment will be the 366th consecutive quarterly dividend paid by the company. Since becoming a public company in 1928, Hormel Foods Corporation has paid a regular quarterly dividend without interruption.
Deal Addict
Jun 28, 2018
1031 posts
788 upvotes
Toronto
BMY Bristol Myers increases dividend $0.04 to $0.45 +9.75%

Increases have been $0.01/year historically. I guess "rewarding" shareholders for the massive acquisition.

https://www.businesswire.com/news/home/ ... d-Increase
The Distracted Investor

Dividends through quality companies 😃 Though I usually lose money with trades :facepalm:
Deal Fanatic
User avatar
Dec 14, 2010
6855 posts
8821 upvotes
American Tower Corporation (AMT)

Declares $1.01/share quarterly dividend, 6.3% increase from prior dividend of $0.95.

Payable Jan. 14; for shareholders of record Dec. 27; ex-div Dec. 26.
Build a comprehensive portfolio based on Investing and Trading strategies. Check out these threads and join the discussion:
Investing strategy based on dividend growth

Trading strategy based on Graham principles.
Deal Fanatic
User avatar
Dec 14, 2010
6855 posts
8821 upvotes
Broadcom Inc (AVGO)

Declares $3.25/share quarterly dividend, 22.6% increase from prior dividend of $2.65.

Payable Dec. 31; for shareholders of record Dec. 23; ex-div Dec. 20.
Build a comprehensive portfolio based on Investing and Trading strategies. Check out these threads and join the discussion:
Investing strategy based on dividend growth

Trading strategy based on Graham principles.
Deal Fanatic
User avatar
Dec 14, 2010
6855 posts
8821 upvotes
AT&T (T)

Declares $0.52/share quarterly dividend, 2% increase from prior dividend of $0.51.

Payable Feb. 3; for shareholders of record Jan. 10; ex-div Jan. 9.
Build a comprehensive portfolio based on Investing and Trading strategies. Check out these threads and join the discussion:
Investing strategy based on dividend growth

Trading strategy based on Graham principles.
Jr. Member
Sep 27, 2010
169 posts
43 upvotes
Toronto
rodbarc wrote: AT&T (T)

Declares $0.52/share quarterly dividend, 2% increase from prior dividend of $0.51.

Payable Feb. 3; for shareholders of record Jan. 10; ex-div Jan. 9.
Rod, would you say any of these (AT&T, Broadcom, American Tower) are fairly valued at the moment?
Deal Fanatic
Aug 17, 2008
8457 posts
9232 upvotes
I know I've seen posts for these, but couldn't find any in a few searches. Maybe people put them in the Dividend Growth thread? Strong businesses that increase their dividends. Crazy talk. :rolleyes:

Costco Wholesale Corporation Announces an Increase in Its Quarterly Cash Dividend - Reuters
http://pdf.reuters.com/htmlnews/htmlnew ... :nGNXd6PcS


ISSAQUAH, Wash., April 15, 2020 (GLOBE NEWSWIRE) -- Costco Wholesale Corporation (“Costco” or the “Company”) (Nasdaq: COST) today announced that its Board of Directors has declared a quarterly cash dividend on Costco common stock and approved a quarterly increase from 65 to 70 cents per share, or $2.80 on an annualized basis. The dividend is payable May 15, 2020, to shareholders of record at the close of business on May 1, 2020.
Deal Addict
Apr 27, 2015
2858 posts
1506 upvotes
Mississauga
Procter & Gamble (NYSE:PG) boosting its quarterly dividend by 6% to $0.7907 per share. Dividend raises have become rarer in the consumer sector amid the pandemic.
"All animals are equal but some animals are more equal than others" George Orwell
Deal Addict
Apr 27, 2015
2858 posts
1506 upvotes
Mississauga
Xilinx (NASDAQ:XLNX) declares $0.38/share quarterly dividend, 2.7% increase from prior dividend of $0.37.
"All animals are equal but some animals are more equal than others" George Orwell
Deal Addict
Dec 28, 2007
1118 posts
675 upvotes
Kinder Morgan Increases Dividend Five Percent and Announces Results for First Quarter of 2020
Kinder Morgan, Inc.’s (NYSE: KMI) board of directors today approved a cash dividend of $0.2625 per share for the first quarter ($1.05 annualized), payable on May 15, 2020, to common stockholders of record as of the close of business on May 4, 2020. This dividend represents a 5 percent increase over the fourth quarter 2019.
Deal Fanatic
Aug 17, 2008
8457 posts
9232 upvotes
DICK'S Sporting Goods Reinstates Dividend Program
https://www.prnewswire.com/news-release ... 75039.html

PITTSBURGH, June 12, 2020 /PRNewswire/ -- DICK'S Sporting Goods, Inc. (NYSE: DKS) today announced the reinstatement of its dividend program.

In the first quarter of 2020, following its temporary store closures, the Company announced temporary pay reductions for many salaried teammates, furloughs of a significant number of its workforce and the suspension of its dividend program and share repurchases, among other measures, to bolster its cash position and maximize flexibility as part of the Company's initial response to COVID-19. Now, with strong early sales results as stores have re-opened and the expectation to have nearly 100% of its stores re-opened to the public by June 30, 2020, the Company has restored previously reduced salaries for all teammates, except for certain executives, and has returned substantially all teammates from furlough.

On June 10, 2020, the Board of Directors of DICK'S Sporting Goods, Inc. also reinstated the dividend program and authorized and declared a quarterly dividend of $0.3125 per share on the Company's Common Stock and Class B Common Stock. The dividend is payable in cash on June 30, 2020, to stockholders of record at the close of business on June 22, 2020. Additionally, the Company may resume opportunistic share repurchases under its current authorizations.
Sr. Member
User avatar
Feb 16, 2017
575 posts
241 upvotes
are there any unknown fees for Canadians getting dividend from US companies from brokerage ...just curious to know
Deal Fanatic
Aug 17, 2008
8457 posts
9232 upvotes
Kroger Board of Directors Raises Quarterly Dividend 13 Percent
http://ir.kroger.com/file/Index?KeyFile=404453081

"Company Release - 6/25/2020 11:39 AM ET
CINCINNATI, June 25, 2020 /PRNewswire/ -- The Kroger Co.'s (NYSE: KR) Board of Directors approved a dividend increase from 64 to 72 cents per year. The next quarterly dividend of 18 cents per share will be paid on September 1, 2020 to shareholders of record as of the close of business on August 14, 2020."
Deal Fanatic
Aug 17, 2008
8457 posts
9232 upvotes
Duke Energy announces dividend payments to shareholders
July 6, 2020
https://news.duke-energy.com/releases/d ... areholders

CHARLOTTE, N.C. – Duke Energy today declared a quarterly cash dividend on its common stock of $0.965, an increase of $0.02 per share. This dividend is payable on Sept. 16, 2020, to shareholders of record at the close of business Aug. 14, 2020.

Top

Thread Information

There are currently 2 users viewing this thread. (0 members and 2 guests)