Dividend Increases/Decreases for the Week March 11

Below we provide a list of firms that raised their dividends during the week ending March 11. 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      AFC Gamma (AFCG): now $0.55 per share quarterly dividend, was $0.50. American Assets Trust (AAT): now $0.32 per share quarterly dividend was $0.30. American Express (AXP): now $0.52 per share quarterly dividend, was $0.43. American Tower (AMT): now $1.40 per share quarterly dividend, was $1.39. AngloGold Ashanti (AU): now $0.145 per share dividend, was $0.059. Applied Materials (AMAT): now $0.26 per share quarterly dividend, was $0.24. … Read more

Dividend Increases/Decreases for the Week April 22

Below we provide a list of firms that raised their dividends during the week ending April 22. 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      AmeriServ Financial (ASRV): now $0.03 per share quarterly dividend, was $0.025. Banco Santander-Chile (BSAC): now $0.909 per share dividend, was Ch$1.64751729. Bar Harbor Bankshares (BHB): now $0.26 per share quarterly dividend, was $0.24. CapStar Financial (CSTR): now $0.10 per share quarterly dividend, was $0.06. Compania Cervecerias Unidas S.A. (CCU): now $0.3084 per share quarterly dividend, was $0.309 per share semi-annual dividend. Compania de Minas Buenaventura (BVN): … Read more

Dividend Increases/Decreases for the Week May 20

Below we provide a list of firms that raised their dividends during the week ending May 20. 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      Advanced Drainage Systems (WMS): now $0.12 per share quarterly dividend, was $0.11. American Tower (AMT): now $1.43 per share quarterly dividend, was $1.40. AMES National (ATLO): now $0.27 per share quarterly dividend, was $0.26. AMMO, Inc. 8.75% PFD SER A (POWWP): now $0.559 per share quarterly dividend, was $0.547. Brigham Minerals (MNRL): now $0.60 per share quarterly dividend, was $0.45. Chubb (CB): now $0.83 per share … Read more

Men’s Wearhouse Changes Its Style

After the market closed Wednesday afternoon, Men’s Wearhouse (click ticker for report: ) reported relatively uneventful fourth quarter results that were overshadowed by the company’s strategy change. After announcing the appointment of John Kimmins to chief financial officer last week, the company unveiled that it hired Jefferies to evaluate strategic alternatives for its K&G unit (potentially a sale), which has struggled immensely. The company will focus on Men’s Wearhouse and Moore’s. The firm also added $155 million to its share repurchase authorization, giving the company the ability to repurchase $200 million shares. On top of share repurchases, it announced an amendment to its current credit facility. Kimmins must have been busy. As for K&G, we believe market participants think the company is signaling it will … Read more

Dividend Increases/Decreases for the Week of August 25

Below we provide a list of firms that raised their dividends during the week ending August 25. 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                          Altria (MO): now $0.98 per share quarterly dividend, was $0.94. Atrion (ATRI): now $2.20 per share quarterly dividend, was $2.15. BancFirst (BANF): now $0.43 per share quarterly dividend, was $0.40. Banco do Brasil S.A. (BDORY): now $0.0137 per share special dividend, was $0.07. Cactus (WHD): now $0.12 per share quarterly dividend, was $0.11. Capital City Bank (CCBG): now $0.20 per share quarterly dividend, was … Read more

People Love Their Starbucks

Image: Starbucks remains a strong free cash flow generator. By Brian Nelson, CFA On November 2, Starbucks (SBUX) reported strong fourth-quarter fiscal 2023 results that showed revenue advancing 11.4% and non-GAAP earnings per share coming in ahead of the consensus forecast. People aren’t balking at buying expensive coffee, and quite simply, people love their Starbucks brew, whatever it may be. The company’s fourth-quarter comparable store sales advanced 8% on a global basis (average ticket prices accounted for 4 percentage points of the increase), and Starbucks has a long runway for future store expansion, having opened 816 net stores in the quarter. Here’s what CEO Laxman Narasimhan had to say about the quarter: We finished our fourth quarter and full fiscal year … Read more

Dividend Increases/Decreases for the Week of November 10

Below we provide a list of firms that raised their dividends during the week ending November 10. 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                          Air Lease (AL): now $0.21 per share quarterly dividend, was $0.20. Airtel Africa Plc (AAFRF): now $0.0238 per share semi-annual dividend. Artesian Resources (ARTNA): now $0.2897 per share quarterly dividend, was $0.2840. Assurant (AIZ): now $0.72 per share quarterly dividend, was $0.70. Atmos Energy (ATO): now $0.805 per share quarterly dividend, was $0.740. Autoliv (ALV): now $0.68 per share quarterly dividend, was $0.66. Automatic … Read more

Dividend Increases/Decreases for the Week of February 16

Below we provide a list of firms that raised their dividends during the week ending February 16. 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                          Advanced Info Service Public Ltd. ADR (AVIFY): now $0.102 per share semi-annual dividend, was $0.090. Ardmore Shipping (ASC): now $0.21 per share quarterly dividend, was $0.16. British American Tobacco (BTI): now $0.7431 per share quarterly dividend, was $0.7006. Brookfield Reinsurance (BNRE): Now $0.08 per share quarterly dividend, was $0.07. Brunswick (BC): now $0.42 per share quarterly dividend, was $0.40. Cisco (CSCO): now $0.40 per … Read more