Skip to content

Dividend Champion, Contender, And Challenger Highlights

21 July 2024
dividend champion contender and challenger highlights

The article “Dividend Champion, Contender, And Challenger Highlights” provides a comprehensive summary of dividend-related activities for companies listed as Dividend Champions, Contenders, and Challengers for the week of July 21. These highlights include updates on companies that have recently increased their dividend payouts, those with upcoming ex-dividend dates, and potential dividend pay dates. By consolidating key data points such as yield and years of consistent dividend growth, the article offers readers crucial insights to help them make informed investment decisions. The detailed analysis and updates aim to ensure investors stay current with the most relevant dividend activity to optimize their dividend investing strategies. Have you ever wondered which companies are the most reliable when it comes to consistently increasing their dividend payouts? The concept may seem straightforward, yet the diligence and strategies behind identifying and maintaining such companies involve a meticulous process.

Dividend Champion, Contender, And Challenger Highlights: Week Of July 21

Dividend Champion, Contender, And Challenger Highlights

Introduction

In the financial labyrinth where investments are often as unpredictable as they are lucrative, dividends can present a beacon of reliability. The Dividend Champions, Contenders, and Challengers (CCC) list stands as a testament to companies that have exhibited exceptional prowess and commitment to returning value to their shareholders through dividends. This weekly summary highlights significant dividend activities, offering an insightful look into companies that have declared changes in their payouts, have upcoming ex-dividend dates, or whose dividend payments are just around the corner.

crypto casino

Understanding the Dividend CCC List

Before diving into the highlights, it’s pivotal to understand what the Dividend CCC list is. Curated monthly, this list features companies that have consistently increased their annual dividend payouts. A Champion is a company that has increased dividends for 25 or more consecutive years, a Contender has done so for between 10 and 24 years, and a Challenger for between 5 and 9 years.

Dividend Changes

Increases

The past week saw notable companies declare dividend increases. Here’s a closer look:

CompanySymbolEx-Div DatePay DateOld RateNew RateIncreaseYieldYears
Albemarle CorporationALB9/1310/10.40.4051.25%1.76%30
Community Bank System, Inc.CBU9/1310/100.450.462.22%3.14%33
Duke Energy CorporationDUK8/169/161.0251.0451.95%3.91%20
Greene County Bancorp, Inc.GCBC8/158/300.080.0912.50%1.06%11
The Goldman Sachs Group, Inc.GS8/309/272.7539.09%2.47%14
Mercantile Bank CorporationMBWM9/69/180.350.362.86%3.00%13
Morgan StanleyMS7/318/150.850.9258.82%3.62%11
NNN REIT, Inc.NNN7/318/150.5650.582.65%5.03%35
PPG Industries, Inc.PPG8/129/120.650.684.62%2.12%53
Regions Financial CorporationRF9/310/10.240.254.17%4.53%12
State Street CorporationSTT10/110/110.690.7610.14%3.60%14
Union Pacific CorporationUNP8/309/301.31.343.08%2.21%18

In notable fortune, no companies declared a decrease in their dividends this past week, reinforcing the stability and growth prospective investors may seek.

Last Chance to Buy

For those looking to capitalize on the next dividend payout, it is imperative to be aware of the ex-dividend dates. The approaching week presents the final opportunities to invest in the following stocks to be eligible for their upcoming dividends.

Tuesday, July 23

CompanySymbolPay DatePayoutPriceYieldYears
Lowe’s Companies, Inc.LOW8/71.15238.521.93%62

Wednesday, July 24

CompanySymbolPay DatePayoutPriceYieldYears
AptarGroup, Inc.ATR8/150.45145.941.23%31
Lakeland Financial CorporationLKFN8/50.4867.732.83%13
Marsh & McLennan Companies, Inc.MMC8/150.815216.751.50%15
Royal Bank of CanadaRY8/231.42 CAD111.13 CAD3.73%9

Thursday, July 25

CompanySymbolPay DatePayoutPriceYieldYears
Costco Wholesale CorporationCOST8/91.16838.130.55%21
CSW Industrials, Inc.CSWI8/90.21284.340.30%6
Fastenal CompanyFAST8/230.3967.892.30%25
Jacobs Solutions Inc.J8/230.29147.890.78%6
Pfizer Inc.PFE9/30.4229.975.61%14
PNM Resources, Inc.PNM8/90.387539.773.90%13
Union Bankshares, Inc.UNB8/10.3624.95.78%11
Unum GroupUNM8/160.4253.553.14%16

Friday, July 26

CompanySymbolPay DatePayoutPriceYieldYears
Home Bancorp, Inc.HBCP8/90.2541.852.39%10
Hingham Institution for SavingsHIFS8/70.63215.011.17%16

Money on the Way

Several companies are set to distribute their dividend payments in the upcoming week. This table provides details on the payout amounts and yields, offering investors the opportunity to gauge potential re-investments.

crypto casino
CompanySymbolPay DatePayoutYield
Agilent Technologies, Inc.A7/240.2360.7%
American Financial Group, Inc.AFG7/250.712.3%
Alamo Group Inc.ALG7/290.260.6%
Apogee Enterprises, Inc.APOG7/250.251.6%
The Bank of Nova ScotiaBNS7/291.06 CAD6.6%
Canadian Imperial Bank of CommerceCM7/290.9 CAD5.3%
Comcast CorporationCMCSA7/240.313.1%
Cisco Systems, Inc.CSCO7/240.43.4%
Dollar General CorporationDG7/230.591.9%
Danaher CorporationDHR7/260.270.4%
Amdocs LimitedDOX7/260.4792.3%
Erie Indemnity CompanyERIE7/231.2751.4%
First BancorpFBNC7/250.222.3%
Humana Inc.HUM7/260.8850.9%
IDEX CorporationIEX7/260.691.4%
Ingredion IncorporatedINGR7/230.782.6%
Johnson Outdoors Inc.JOUT7/250.333.5%
The New York Times CompanyNYT7/250.131.0%
OGE Energy Corp.OGE7/260.41824.5%
Oracle CorporationORCL7/250.41.2%
Simpson Manufacturing Co., Inc.SSD7/250.280.6%
Smith & Wesson Brands, Inc.SWBI7/250.133.4%
Sysco CorporationSYY7/260.512.8%
John Wiley & Sons, Inc.WLY7/250.35253.0%

Analysis and Observations

Trends in Dividend Increases

Dividend increases, such as the ones observed from Goldman Sachs and Morgan Stanley, often signal strong financial health and management’s confidence in the company’s future earnings. These companies’ decisions to raise their payouts can attract dividend-focused investors, thus supporting share price stability.

Strategic Timing

The timing of purchasing dividend stocks revolves around strategic planning. Knowing the ex-dividend dates allows investors to ensure they qualify for the next round of dividend payments. This is a critical point for those relying on dividend income as part of a broader investment strategy.

Conclusion

The Dividend Champions, Contenders, and Challengers list serves as a compass for investors seeking reliable dividend income. By focusing on the weekly highlights and staying informed about upcoming dates and changes, investors can navigate the complexities of the stock market with greater confidence.

In the upcoming weeks, be sure to keep an eye on the dividend activities and consider how these updates align with your investment strategies. Whether planning for a steady income or looking to diversify an investment portfolio, the CCC list provides a valuable resource for informed decision-making.

For more detailed analysis on high-quality dividend stocks, consider exploring services like the Dividend Kings marketplace, which offers model portfolios, regular updates, and a wealth of resources to enhance your investment knowledge. Remember that while past performance is not a guarantee of future results, informed and strategic investing can maximize your potential for success.

Invest wisely and may your portfolios flourish.


Discover more from Stockcoin.net

Subscribe to get the latest posts sent to your email.

Discover more from Stockcoin.net

Subscribe now to keep reading and get access to the full archive.

Continue reading