Firms Raising Their Dividend In the Week Ending July 26 Included Hershey and Republic Services

Below we provide a list of firms that increased/decreased their dividends for the week ending July 26. The dividend reports of covered firms on this list will be updated shortly with the new information. To access our dividend reports, please click here. Increases Atlas Energy (ATLS): now $0.44 per share quarterly dividend, was $0.31. Bar Harbor Bankshares(BHB): now $0.315 per share quarterly dividend, was $0.31. Barnes Group (B): now $0.11 per share quarterly dividend, was $0.10. BBCN Bancorp (BBCN): now $0.075 per share quarterly dividend, was $0.05. Celanese Corporation (CE): now $0.18 per share quarterly dividend, was $0.09. Crane Co (CR): now $0.30 per share quarterly dividend, was $0.28. Fidelity Southern Corporation (LION): now $0.02 per share quarterly dividend, was $0.01. First … Read more

Stock Market Outlook for 2021

By Valuentum Analysts February 8, 2021 2020 was one for the history books. We covered our thoughts and reflections on the past year in our “2020 Won’t Soon Be Forgotten” article (link here), and now we are looking towards the future. Global health authorities should be able to bring an end to the ongoing coronavirus (‘COVID-19’) pandemic sooner than many had expected as several vaccines have already been improved for emergency use and several others appear increasingly likely to get approved. Global vaccine distribution activities are currently underway, and this should allow the world to slowly return to pre-pandemic activities. Before then, immense stimulus measures launched primarily in developed nations should support global economic activities until the public health crisis … Read more

Why We Don’t Like Dividends of Banking Firms: 4 Very Good Reasons

Untermyer: Is not commercial credit based primarily upon money or property? Morgan: No, sir. The first thing is character. Untermyer: Before money or property? Morgan: Before money or anything else. Money cannot buy it … a man I do not trust could not get money from me on all the bonds in Christendom. –Mr. JP Morgan’s testimony before the Pujo Committee (questioning from Samuel Untermyer), 1912-1913 Reason #1: A Bank Run Is Always Possible Though the history of banking dates back to as early as 2000 BC in Babylonia, the makings of the present-day banking system in the US really didn’t take hold until the beginning of the 20th century. Some financial historians may argue for a later date, but we … Read more

Dividend Increases/Decreases for the Week January 21

Below we provide a list of firms that raised their dividends during the week ending January 21. 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 Alerus Financial Corporation (ALRS): now $0.16 per share quarterly dividend, was $0.15. Alliant Energy (LNT): now $0.4275 per share quarterly dividend, was $0.4025. Amerant Bancorp (AMTB): now $0.09 per share dividend, was $0.06. Banner (BANR): now $0.44 per share quarterly dividend, was $0.41. Cashmere Valley Bank (CSHX): now $0.85 per share semi-annual dividend, was $0.80. Consolidated Edison (ED): now $0.79 per share quarterly dividend, was $0.78. … Read more

4 Very Good Reasons Why We Don’t Like Dividends of Banking Stocks

Untermyer: Is not commercial credit based primarily upon money or property?Morgan: No, sir. The first thing is character.Untermyer: Before money or property?Morgan: Before money or anything else. Money cannot buy it … a man I do not trust could not get money from me on all the bonds in Christendom. –Mr. JP Morgan’s testimony before the Pujo Committee (questioning from Samuel Untermyer), 1912-1913   Image: Bank Run in Michigan, USA, February 1933. Source: Public Domain. By Brian Nelson, CFA It’s sometimes easy to lose sight of the fragility of a banking firm’s business model. Let’s examine the reasons why we don’t like banking firms’ dividends. Reason #1: A Bank Run Is Always Possible. Reason #2: Others Have Tried to Invest in Bank Dividends and Have Failed. Reason #3: … Read more

Dividend Increases/Decreases for the Week of July 19

Below we provide a list of firms that raised their dividends during the week ending July 19. 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                          Albemarle (ALB): now $0.405 per share quarterly dividend, was $0.400. Atmus Filtration Technologies Inc. (ATMU): now $0.05 per share quarterly dividend. Bank First Corporation (BFC): now $0.40 per share quarterly dividend, was $0.30. C&C Group plc (CCGPY): now $0.0817 per share semi-annual dividend. China Automotive Systems (CAAS): now $0.80 per share special dividend, was $0.18. Citigroup (C): now $0.56 per share quarterly dividend, was … Read more

Dividend Increases/Decreases for the Week of January 24

Below we provide a list of firms that raised their dividends during the week ending January 24. 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                          Acuity Brands (AYI): now $0.17 per share quarterly dividend, was $0.15. Air Products and Chemicals (APD): now $1.79 per share quarterly dividend, was $1.77. Alliant Energy (LNT): now $0.5075 per share quarterly dividend, was $0.4800. Amalgamated Bank (AMAL): now $0.14 per share quarterly dividend, was $0.12. American Express (AXP): now $0.82 per share quarterly dividend, was $0.70. B&M European Value Retail S.A. (BMRRY): now … Read more

Dividend Increases/Decreases for the Week Ending January 22

Below we provide a list of firms that raised/lowered their dividends during the week ending January 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 Alaska Air (ALK): now $0.275 per share quarterly dividend, was $0.20. Alexanders Inc. (ALX): now $4.00 share quarterly dividend, was $3.50. ALLETE (ALE): now $0.52 per share quarterly dividend, was $0.505. Bar Harbor Bankshares (BHB): now $0.265 per share quarterly dividend, was $0.26. Cardinal Financial (CFNL): now $0.12 per share quarterly dividend, was $0.11. CenterPoint (CNP): now $0.2575 per share quarterly dividend, was $0.2475. Chicopee Bancorp … Read more

Dividend Increases/Decreases for the Week Ending January 20

Below we provide a list of firms that raised their dividends during the week ending January 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 Alexanders (ALX): now $4.25 per share quarterly dividend, was $4.00. Algonquin Power & Utilities (AQN): now $0.1165 per share quarterly dividend, was $0.1059. Bear State Financial (BSF): now $0.03 per share quarterly dividend, was $0.025 Capital Product Partners (CPLP): now $0.08 per share quarterly dividend, was $0.075. CMS Energy (CMS): now $0.3325 per share quarterly dividend, was $0.31. CONE Midstream Partners (CNNX): now $0.2724 per share … Read more

Dividend Increases/Decreases for the Week Ending January 19

Below we provide a list of firms that raised their dividends during the week ending January 19. 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 A.O. Smith (AOS): now $0.18 per share quarterly dividend, was $0.14. Alexanders (ALX): now $4.50 per share quarterly dividend, was $4.25. Alliant Energy (LNT): now $0.335 per share quarterly dividend, was $0.315. Antero Midstream (AM): now $0.365 per share quarterly dividend, was $0.34. Antero Midstream (AMGP): now $0.075 per share quarterly dividend, was $0.059. Citizens First (CZFC): now $0.06 per share quarterly dividend, was $0.05 (Adj. … Read more