Each day, companies across the globe announce new upcoming dividend payouts. In our Dividend Payout Changes and Announcement tool, you’ll find all of the dividend increases, decreases, initiations, suspensions, updates and regular dividend announcements for a given day.
Below we present an analysis of the stocks that increased dividends last week. The latest payout is compared to the most recent payout before the dividend increase.
Following is a snapshot of the 15 major stocks that increased dividends last week. If an investor simply purchases the stock prior to the ex-dividend date and then sells it either on the ex-dividend date or at some point afterward, he will be able to receive the dividend in his account.
To apply this strategy you need to know when stocks go ex-dividend. You can find out the latest ex-dividend dates for the stocks that interest you in our Ex-Dividend Date Search tool.
| Ticker | Company | Previous Payout | New Payout | % Change | Ex-Dividend Date |
|---|---|---|---|---|---|
| (TXN ) | Texas Instruments | $0.38 | $0.50 | 31.58% | 11/3/2016 |
| (ABAX) | Abaxis, Inc | $0.12 | $0.14 | 16.67% | 11/29/2016 |
| (SXI ) | Standex International Corp | $0.14 | $0.16 | 14.29% | 11/3/2016 |
| (VFC ) | V.F. Corporation | $0.37 | $0.42 | 13.51% | 12/7/2016 |
| (AB ) | AllianceBernstein Holding L.P. | $0.40 | $0.45 | 12.50% | 11/3/2016 |
| (OAK ) | Oaktree Capital Group LLC | $0.58 | $0.65 | 12.07% | 11/3/2016 |
| (HON ) | Honeywell | $0.60 | $0.67 | 11.76% | 11/16/2016 |
| (PSA ) | Public Storage | $1.80 | $2.00 | 11.11% | 12/12/2016 |
| (EVR ) | Evercore Partners | $0.31 | $0.34 | 9.68% | 11/22/2016 |
| (AMTD) | TD Ameritrade | $0.17 | $0.18 | 5.88% | 11/4/2016 |
| (DRE ) | Duke Realty | $0.18 | $0.19 | 5.56% | 11/14/2016 |
| (AEP ) | American Electric Power | $0.56 | $0.59 | 5.36% | 11/8/2016 |
| (AFL ) | Aflac | $0.41 | $0.43 | 4.88% | 11/14/2016 |
| (T ) | AT&T | $0.48 | $0.49 | 2.08% | 1/6/2017 |
| (CVX ) | Chevron Corp | $1.07 | $1.08 | 0.93% | 11/16/2016 |
The Stock With the Highest Market Cap That Increased Dividends Last Week
AT&T, with a market cap of $224 billion, leads all stocks that increased dividends last week in terms of market cap. AT&T increased its dividend by 2% from $0.48 to $0.49 last week. The stock currently yields 5.37% and is off 16% from its 52-week high.
The Stock With the Highest Dividend Yield That Increased Dividends Last Week
Sandridge Permian Trust, with a payout increase of 11%, leads all stocks that increased payouts last week in terms of dividend yield. PER’s yield of 16% is so high that the company currently sits in the fourth position of our High Yield Dividend Stocks page when sorted by the highest dividend yield.
The Stocks With the Best/Worst 52-Week Performance That Increased Dividends Last Week
Alon USA Partners LP and Tompkins Financial are the two stocks that take the honour for the worst 52-week performance and the best 52-week performance, respectively, that increased dividends last week.
| Criteria | Company Name | Market Cap ($B) | Annualized Payout | Previous Payout | Next Payout | Ex-Dividend Date | Yield % | % Off From 52-Week High |
|---|---|---|---|---|---|---|---|---|
| Highest 52-week high % off | Alon USA Partners LP (ALDW) | $0.46 | $0.60 | $0.14 | $0.15 | 11/8/2016 | 7.49% | 69.97% |
| Lowest 52-week high % off | Tompkins Financial (TMP ) | $1.20 | $1.80 | $0.44 | $0.45 | 11/4/2016 | 2.26% | 0.49% |
Get a complete explanation of the ex-dividend date, record date, payment date and declaration date here. This will broaden your understanding of the dividend capture strategy.
Dividend Aristocrats That Increased Dividends Last Week
There were eight major Dividend Aristocrats that increased dividends last week.
| Company Name | Market Cap ($B) | Annualized Payout | Previous Payout | Next Payout | Ex-Dividend Date | Yield % | Dividend Growth Years |
|---|---|---|---|---|---|---|---|
| AbbVie Inc. (ABBV ) | $87.91 | $2.56 | $0.57 | $0.64 | 1/11/2017 | 4.44% | 43 |
| Gorman-Rupp (GRC ) | $0.61 | $0.46 | $0.11 | $0.12 | 11/10/2016 | 1.96% | 43 |
| Middlesex Water Co. (MSEX ) | $0.56 | $0.85 | $0.20 | $0.21 | 11/8/2016 | 2.38% | 43 |
| V.F. Corporation (VFC ) | $22.49 | $1.68 | $0.37 | $0.42 | 12/19/2016 | 3.09% | 43 |
| Aflac Tompkins Financial (AFL ) | $27.38 | $1.72 | $0.41 | $0.43 | 11/14/2016 | 2.51% | 33 |
| AT&T Tompkins Financial % dividend T %} | $224.55 | $1.96 | $0.48 | $0.49 | 1/6/2017 | 5.37% | 31 |
| Chevron Corp (CVX ) | $203.50 | $4.32 | $1.07 | $1.08 | 11/16/2016 | 4.16% | 30 |
| Tompkins Financial (TMP ) | $1.20 | $1.80 | $0.44 | $0.45 | 11/4/2016 | 2.26% | 30 |
Find all companies that have increased their dividends for more than 25 consecutive years on our 25-year Dividend Increasing Stocks page and those companies that have increased their dividends for more than 10 years in a row on our 10-Year Dividend Increasing Stocks page.
Stay up to Date
Stay up to date with next week’s major corporate changes regarding dividends with our news section at dividend.com.
