L Brands Continues to Bounce Back

Image Source: L Brands Inc – Third Quarter of Fiscal 2020 IR Earnings Presentation By Callum Turcan L Brands Inc (LB) is home to the Victoria’s Secret, PINK and Bath & Body Works retail brands (PINK is included within its Victoria’s Secret umbrella). The company has ~2,700 company-operated stores in Canada, the Greater China region, and the US along with more than 700 franchised locations worldwide. Sometime in 2021, L Brands intends to separate Bath & Body Works from its other operations, a plan management reiterated during a virtual December 2020 investor presentation. Bath & Body Works has been growing at a brisk pace of late, while Victoria’s Secret has been a drag on company-wide performance at L Brands. Though … Read more

Dividend Increases/Decreases for the Week Ending May 19

Below we provide a list of firms that raised/lowered their dividends during the week ending May 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 BGC Partners (BGCP): now $0.18 per share quarterly dividend, was $0.16. Citi Trends (CTRN): now $0.08 per share quarterly dividend, was $0.06. Chubb (CB): now $0.71 per share quarterly dividend, was $0.69. Exchange Bank (EXSR): now $0.85 per share quarterly dividend, was $0.80. Farmers & Merchants Bancorp (FMCB): now $6.75 per share semi-annual dividend, was $6.55. First Midwest (FMBI): now $0.10 per share quarterly dividend, was … Read more

Dividend Increases/Decreases for the Week Ending August 21

Below we provide a list of firms that raised/lowered their dividends during the week ending August 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 Altria (MO): now $0.56 per share quarterly dividend, was $0.52. Brinker (EAT): now $0.32 per share quarterly dividend, was $0.28. Community Bank System (CBU): now $0.31 per share quarterly dividend, was $0.30. Connecticut Water Service (CTWS): now $0.2675 per share quarterly dividend, was $0.2575. Dillard’s (DDS): now $0.07 per share quarterly dividend, was $0.06. Ferrellgas Partners (FGP): now $0.51 per share quarterly dividend, was $0.50. FirstMerit … Read more

Dividend Increases for the Week Ending August 22

Below we provide a list of firms that raised their dividends during the week ending August 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 Altria (MO): now $0.52 per share quarterly dividend, was $0.48. American Financial Group (AFG): now $0.25 per share quarterly dividend, was $0.22. Brinker (EAT): now $0.28 per share quarterly dividend, was $0.24. Chemical Financial (CHFC): now $0.24 per share quarterly dividend, was $0.23. Commercial Bancshares (CMOH): now $0.19 per share quarterly dividend, was $0.165. Evans Bancorp (EVBN): now $0.34 per share semi-annual dividend, was $0.31. G&K Services … Read more

Firms Raising Their Dividends In The Week Ending April 12

The week ending April 12 was a light week in terms of dividend raises, but we did see some significant increases. Firms Raising Their Dividends This Week: Bank of New York Mellon (BK): now $0.15 per share quarterly dividend, was $0.13. First Merchants Corp (FRME): now $0.05 per share quarterly dividend, was $0.03. IDEX Corporation (IEX): now $0.23 per share quarterly dividend, was $0.20. Lakeland Financial (LKFN): now $0.19 per share quarterly dividend, was $0.17 Qualcomm (QCOM): now $0.35 per share quarterly dividend, was $0.25. Select Income REIT (SIR): now $0.44 per share quarterly dividend, was $0.42. Stage Stores (SSI) now $0.125 per share quarterly dividend, was $0.10. Weyerhaeuser Company (WY): now $0.20 per share quarterly dividend, was $0.17.