Dividend Growth Forum

I love how there are still stocks that push out inflation beating (for now...) dividend raises.
My strategy has always been based on dividend growth > inflation over the long-term. I certainly don't expect to get that this year but as long as the long-term trend is in my favor then it's all good.

Hercules Capital raised the dividend another 2 cents.  The $.50 you see below actually breaks down to $.35 as the new baseline, plus a $.15 "bonus" that they've had all year. That's why you see the annual dividend as $1.40, and not $2.00.



https://investor.htgc.com/news-events/pr...stribution

FROM Yesterday:

SAN FRANCISCO--(BUSINESS WIRE)-- Wells Fargo & Company (NYSE: WFC) today announced a quarterly common stock dividend of $0.30 per share, payable Sept. 1, 2022, to stockholders of record on Aug. 5, 2022, as approved today by the Wells Fargo board of directors. The third quarter dividend represents an increase of $0.05 per share from the prior quarter.

KLA (NASDAQ:KLAC) declares $1.30/share quarterly dividend, 24% increase from previous dividend of $1.05.

Forward yield 1.31%

Payable Sept. 1; for shareholders of record Aug. 15; ex-div Aug. 12.

GLENVIEW, Ill., Aug. 05, 2022 (GLOBE NEWSWIRE) -- The Board of Directors of Illinois Tool Works Inc. (NYSE: ITW) authorized a seven percent increase to the dividend payout to shareholders, representing a quarterly increase of $0.09 per share – or $0.36 per share annually – versus the current dividend rate. The Board also declared a dividend on the company's common stock of $1.31 per share for the third quarter of 2022. The dividend equates to $5.24 per share on a full-year basis. The dividend will be paid on October 14, 2022 to shareholders of record as of September 30, 2022.

Altria (NYSE:MO) declares $0.94/share quarterly dividend, 4.4% increase from prior dividend of $0.90.
Forward yield 8.18%
Payable Oct. 11; for shareholders of record Sept. 15; ex-div Sept. 14.

Lam Research (NASDAQ:LRCX) declares $1.725/share quarterly dividend, 15% increase from prior dividend of $1.500.
Forward yield 1.44%
Payable Oct. 5; for shareholders of record Sept. 14; ex-div Sept. 13.

Nice raise for $TXN, plus a buyback = 10% of its current market cap.

Texas Instruments (NASDAQ:TXN) declares $1.24/share quarterly dividend, 7.8% increase from prior dividend of $1.15.
Forward yield 3.05%
Payable Nov. 15; for shareholders of record Oct. 31; ex-div Oct. 28.
Board of directors also authorized to repurchase an additional $15B stock over time.
This is in addition to ~$8.2B of previously authorized repurchases that remained at the end of June 2022.

Microsoft Corporation (NASDAQ:MSFT) declares $0.68/share quarterly dividend, 10.0% increase from prior dividend of $0.62.
Forward yield 1.11%
Payable Dec. 8; for shareholders of record Nov. 17; ex-div Nov. 16.

(09-20-2022, 08:46 AM)EricL Wrote: [ -> ]Microsoft Corporation (NASDAQ:MSFT) declares $0.68/share quarterly dividend, 10.0% increase from prior dividend of $0.62.
Forward yield 1.11%
Payable Dec. 8; for shareholders of record Nov. 17; ex-div Nov. 16.

Not to pedantic but it's actually a 9.7% increase. I wouldn't have said anything if it were listed as 10% though IMO that would have been sloppy on their part. But if they're gonna announce to a tenth of a percent they should get it right.

I own a lot of it, largest position between all my accounts.

American Tower (NYSE:AMT) declares $1.47/share quarterly dividend, 2.8% increase from prior dividend of $1.43.
Forward yield 2.51%
Payable Oct. 26; for shareholders of record Oct. 11; ex-div Oct. 10.

BETHESDA, Md., Sept. 30, 2022 /PRNewswire/ -- The Lockheed Martin Corporation (NYSE: LMT) board of directors has authorized a fourth quarter 2022 dividend of $3.00 per share, representing an increase of $0.20 per share over last quarter. The dividend is payable on Dec. 30, 2022, to holders of record as of the close of business on Dec. 1, 2022.