Below we provide a list of firms that raised their dividends during the week ending January 13. The dividend reports of covered firms on this list will be updated shortly with the new information. To access our dividend reports use the ‘Symbol’ search box in our website header.

Firms Raising Their Dividends This Week               

Algoma Central Corporation (TSX.ALC:CA) now CAD 0.18 per share quarterly dividend, was CAD 0.17.

Alpine Banks of Colorado (ALPIB): now $0.20 per share quarterly dividend, was $0.18.

Apogee (APOG): now $0.24 per share quarterly dividend, was $0.22.

ATCO Ltd. (ACO.X:CA): now CAD 0.4756 per share quarterly dividend, was CAD 0.4617.

Codorus Valley (CVLY): now $0.16 per share quarterly dividend, was $0.15.

Gladstone Land (LAND): now $0.0459 per share monthly dividend, was $0.0458.

Lakeland Financial (LKFN): now $0.46 per share quarterly dividend, was $0.40.

McChip Resources (TSXV:MCS:CA): now CAD 0.06 per share dividend, was CAD 0.04.

Opera (OPRA): now $0.80 per share special dividend.

Paramount Resources Ltd. (TSX:POU:CA): now CAD 1.00 per share special dividend, was CAD 0.125.

Plains GP Holdings (PAGP): now $0.2675 per share quarterly dividend, was $0.2175.

PPL Corp. (PPL): now $0.24 per share quarterly dividend, was $0.225.

Royalty Pharma (RPRX): now $0.20 per share quarterly dividend, was $0.19.

Seven Hills Realty Trust (SEVN): now $0.35 per share quarterly dividend, was $0.25.

STAG Industrial (STAG): now $0.1225 per share monthly dividend, was $0.1217.

Synnex (SNX): now $0.35 per share quarterly dividend, was $0.30.

Tourmaline Oil Corp. (TSX:TOU:CA): now CAD 2.00 per share special dividend, was CAD 0.25.

UMH Properties (UMH): now $0.205 per share quarterly dividend, was $0.200.

United Bancorporation of Alabama (OTCQX:UBAB): now $0.22 per share semi-annual dividend, was $0.18.

Urbana (UBAAF): now CAD 0.11 per share annual dividend, was CAD 0.10.

Watsco, Inc. (WSO.B): now $2.45 per share quarterly dividend, was $2.20

Wendy’s (WEN): now $0.25 per share quarterly dividend, was $0.125.

Firms Lowering Their Dividends This Week                                                            

ADC.PRA Agree Realty Corp. – 4.25% PRF PERPETUAL USD 25 – Ser A 1/1000^th (ADC.PA): now $0.0885 per share monthly dividend, was $0.24.

Algonquin Power & Utilities (AQN): now $0.1085 per share quarterly dividend, was $0.1808.

Gladstone Commercial (GOOD): now $0.10 per share monthly dividend, was $0.13.

ING Group (ING): now $0.0872 per share quarterly dividend, was $0.1737.

KNOT Offshore Partners (KNOP): now $0.026 per share quarterly dividend, was $0.52.

Mesabi Trust (MSB): now suspended its quarterly dividend, was $0.84.

>>Last week’s dividend increases.

Source: Seeking Alpha and Nasdaq.