Dividend Announcement Thread!

[ken-do-nim]

Oh nice. I might get back into them at some point.

[Kerim]

Press Release issued yesterday: Realty Income Corporation (Realty Income, NYSE: O), The Monthly Dividend Company, today announced it has declared an increase in the company's common stock monthly cash dividend to $0.268 per share from $0.264 per share. The dividend is payable on March 14, 2025, to stockholders of record as of March 3, 2025. This is the 129th dividend increase since Realty Income's listing on the NYSE in 1994. The new monthly dividend represents an annualized dividend amount of $3.216 per share as compared to the prior annualized dividend amount of $3.168 per share.

[Kerim]

Just updating some of my sheets and see that KO raised by a little better than 5 percent last month. Old div was $0.485 per share per quarter; new is $0.51 per share per quarter. Nothing to get too excited about, but seem typical these days, for KO especially.

[Dividend Watcher]

W. P. Carey Increases Quarterly Dividend to $0.890 per Share

March 13, 2025

NEW YORK, March 13, 2025 /PRNewswire/ -- W. P. Carey Inc. (W. P. Carey, NYSE: WPC) reported today that its Board of Directors increased its quarterly cash dividend to $0.890 per share, equivalent to an annualized dividend rate of $3.56 per share. The dividend is payable on April 15, 2025 to stockholders of record as of March 31, 2025.

[Dividend Watcher]

Williams-Sonoma, Inc. announces a 16% quarterly dividend increase
March 19, 2025

SAN FRANCISCO--(BUSINESS WIRE)-- Williams-Sonoma, Inc. (NYSE: WSM) announced today that its Board of Directors has authorized a 16% increase in the company’s quarterly cash dividend to $0.66 per common share. The quarterly dividend is payable on May 24, 2025, to stockholders of record as of the close of business on April 17, 2025.

“After another strong performance in 2024, we are proud to increase our quarterly dividend by 16%,” said Laura Alber, President and Chief Executive Officer. “We remain committed to maximizing shareholder value and delivering returns to our shareholders.”


This is on top of the 25% increase last year.

[Kerim]

Well that's a healthy raise in this era of meager ones!

[ken-do-nim]

Yeah, but unfortunately I think retail is going to get destroyed given the tariff situation and lowering consumer sentiment.

[Dividend Watcher]

Colgate Announces Dividend Increase and New $5 Billion Share Repurchase Program
Mar 20, 2025

NEW YORK--(BUSINESS WIRE)--Mar. 20, 2025-- The Board of Directors of Colgate-Palmolive Company (NYSE:CL) today increased the quarterly common stock cash dividend to $.52 up from $.50 per share. The increase will be effective in the second quarter, 2025. The Board declared that the second quarter dividend is to be paid on May 15, 2025 to shareholders of record as of April 17, 2025. On an annual basis, the new dividend rate is $2.08 vs. $2.00 per share previously. The Company has paid uninterrupted dividends on its common stock since 1895.

The Board of Directors today also authorized the repurchase of shares of the Company's common stock having an aggregate purchase price of up to $5 billion under a new share repurchase program, which replaced the Company's previous $5 billion share repurchase program authorized in 2022. Repurchases under the new program will be made from time to time in open market or privately negotiated transactions at the Company’s discretion and in accordance with requirements of the Securities and Exchange Commission. The Company will commence the repurchase of shares of the Company’s common stock under the new program after March 20, 2025. As of January 31, 2025, the Company had approximately 812 million shares of common stock outstanding.

[Dividend Watcher]

Qualcomm Increases Quarterly Cash Dividend
03/18/2025

SAN DIEGO--(BUSINESS WIRE)-- Qualcomm Incorporated (NASDAQ: QCOM) today announced that its Board of Directors has approved an increase in the Company’s quarterly cash dividend from $0.85 to $0.89 per share of common stock. This dividend increase will be effective for quarterly dividends payable after March 27, 2025, and will raise the annualized dividend payout to $3.56 per share of common stock.

Cristiano Amon, President and CEO of Qualcomm Incorporated, said, “We are pleased to announce an increase in our quarterly dividend. Given our long-term growth expectations we provided at our 2024 Investor Day, we remain committed to returning capital to stockholders through a balanced capital return policy, including a baseline of anti-dilutive stock repurchases, and an annualized dividend target of low- to mid-single-digit percentage growth.”

--

So it looks like the June dividend will be the first increased payment. The highlighted section finally articulates what their dividend policy will be going forward. Sounds like the Board is sending a signal and it's time to start studying alternatives.

[Dividend Watcher]

Proctor & Gamble Announces Dividend Increase

CINCINNATI, April 08, 2025--(BUSINESS WIRE)--The Board of Directors of The Procter & Gamble Company declared an increased quarterly dividend of $1.0568 per share on the Common Stock and on the Series A and Series B ESOP Convertible Class A Preferred Stock of the Company, payable on or after May 15, 2025 to Common Stock shareowners of record at the close of business on April 21, 2025, and to Series A and Series B ESOP Convertible Class A Preferred Stock shareowners of record at the start of business on April 21, 2025. This represents a five percent increase compared to the prior quarterly dividend.

[Dividend Watcher]

Sonoco Increases Quarterly Common Stock Dividend
April 16, 2025

HARTSVILLE, S.C., April 16, 2025 (GLOBE NEWSWIRE) -- The Board of Directors of Sonoco (NYSE: SON) today increased its quarterly common stock dividend to $0.53 per shares as it celebrated the 100th consecutive year of paying dividends to its shareholders at the Company’s annual meeting. The new quarterly dividend will be paid on June 10, 2025, to shareholders of record on May 9, 2025.

With the increase, Sonoco’s annual dividend payout moves to $2.12 per share up from $2.08 per share. Future quarterly declarations and the establishment of future record and payment dates are subject to final determination by Sonoco’s Board of Directors.

According to Howard Coker, president and chief executive officer, this is the 400th consecutive quarter, dating back to 1925, that the Company has paid dividends to shareholders, and is the 42nd consecutive year the Company has increased its dividend. Based on the closing price of Sonoco’s common stock on April 15, 2025, the Company’s dividend provides an approximate 4.8 percent yield, which is more than double the dividend yield of the S&P Mid-Cap 400 Index.

“Sonoco’s goal is to increase its long-term profitability and return capital to shareholders,” Coker said. “Over the past two years the Company has generated approximately $1.7 billion in operating cash flow which has been used to invest in future growth and to drive productivity savings. While we are focused on using free cash flow to lower leverage following the recent acquisition of Eviosys, our dividend remains an important part of our value creation story.”

---

I recently posted about Sonoco Products here.

[Dividend Watcher]

Portland General Electric declares dividend

PORTLAND, Ore., April 18, 2025 /PRNewswire/ -- On April 18, 2025, the board of directors of Portland General Electric Company (NYSE: POR) declared a quarterly common stock dividend of $0.525 per share, representing an increase of 5%, or $0.10 per share, on an annualized basis.

The company's dividend is evaluated based on capital requirements and financial performance. PGE targets a dividend payout ratio of 60 to 70% over the long term.

The quarterly dividend is payable on or before July 15, 2025, to shareholders of record at the close of business on June 24, 2025.