Here are the biggest fresh dividend hikes and special dividends, as first covered on InvestingPro+, including several predicted by data from InvestingPro+ and StreetInsider this month. Get a jump on this week's likely dividend hikes.
1. TFI International (NYSE:TFII) hiked its quarterly dividend by 29.6% to $0.35 per share, or $1.4 annualized. The dividend will be payable on January 16, 2023, to stockholders of record on December 30, 2022, with an ex-dividend date of December 29, 2022. (Predicted last week)
2. Preferred Bank (NASDAQ:PFBC) hiked its quarterly dividend by 27.9% to $0.55 per share, or $2.2 annualized. The dividend will be payable on January 20, 2023, to stockholders of record on January 6, 2023, with an ex-dividend date of January 5, 2023.
3. Carrier Global (NYSE:CARR) hiked its quarterly dividend by 23.3% to $0.185 per share, or $0.74 annualized. The dividend will be payable on February 10, 2023, to stockholders of record on December 22, 2022, with an ex-dividend date of December 21, 2022. (Predicted earlier this month)
4. American Vanguard Corporation (NYSE:AVD) hiked its quarterly dividend by 20% to $0.03 per share, or $0.12 annualized. The dividend will be payable on January 11, 2023, to stockholders of record on December 28, 2022, with an ex-dividend date of December 27, 2022.
5. Eli Lilly (NYSE:LLY) hiked its quarterly dividend by 15.3% to $1.13 per share, or $4.52 annualized, with an annual yield of 1.2%. The dividend will be payable on March 10, 2023, to stockholders of record on February 15, 2023, with an ex-dividend date of February 14, 2023. (Predicted last week)
6. Toro Co (NYSE:TTC) hiked its quarterly dividend by 13.3% to $0.34 per share, or $1.36 annualized. The dividend will be payable on January 11, 2023, to stockholders of record on December 28, 2022, with an ex-dividend date of December 27, 2022. (Predicted last week)
7. Trinity Industries (NYSE:TRN) hiked 13% to $0.26 per share, or $1.04 annualized. The dividend will be payable on January 13, 2023, to stockholders of record on January 31, 2023, with an ex-dividend date of January 30, 2023. (Predicted earlier this month)
8. Lamb Weston (NYSE:LW) hiked its quarterly dividend by 12% to $0.28 per share, or $1.12 annualized. The dividend will be payable on March 3, 2023, to stockholders of record on February 3, 2023, with an ex-dividend date of February 2, 2023.
9. Mid-America Apartment (NYSE:MAA) hiked its quarterly dividend by 12% to $1.40 per share, or $5.6 annualized. The dividend will be payable on January 31, 2023, to stockholders of record on January 13, 2023, with an ex-dividend date of January 12, 2023. (Predicted earlier this month)
10. Hooker Furniture hiked its quarterly dividend by 10% to $0.22 per share, or $0.88 annualized. The dividend will be payable on December 30, 2022, to stockholders of record on December 6, 2022, with an ex-dividend date of December 5, 2022. (Predicted earlier this month)
More dividend hikes predicted by InvestingPro+ and StreetInsider data earlier this month and last week:
- Hooker Furniture (NASDAQ:HOFT) hiked its quarterly dividend by 10% to $0.22 per share
- FMC Corporation (NYSE:FMC) hiked its quarterly dividend by 9.4% to $0.58 per share
- Abbott Laboratories (NYSE:ABT) hiked 8.5% to $0.51 per share, or $2.04 annualized
- Stryker Corporation (NYSE:SYK) hiked 7.9% to $0.75 per share
- Utz Brands Inc (NYSE:UTZ) hiked 5.6% to $0.228 per share
- Pentair (NYSE:PNR) hiked 4.8% to $0.22 per share
- Washington Trust (NASDAQ:WASH) hiked 3.7% to $0.56 per share
- Alexandria Real Estate Equities Inc (NYSE:ARE) hiked 2.5% to $1.21 per share
- Pfizer (NYSE:PFE) hiked 2.5% to $0.41 per share
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