2025#8
Dividend Weekly Hikes: KO, WM, O and many others companies
Hello fellow Dividenders!
It's time for our weekly dose of dividend hikes! We've got a fresh batch of companies announcing dividend hikes, signaling their financial strength and rewarding their loyal shareholders.
Again I have filtered out any companies with less than 9 years of consecutive dividend increases, and high P/E valuations except some companies that I watch such WM or KO.
Investing in Financial Futures
United Bancorp Inc (UBCP)
What they do: United Bancorp, Inc. is a bank holding company for United Bank, a community bank serving the Pacific Northwest region of the United States. They offer a wide range of financial services to individuals and businesses, with a focus on personalized service and local relationships.
Dividend Hike: A modest but steady 1.39% increase.
Current Yield: 5.62%
Payout Ratio: 52.76%
P/E: 10.18
Consecutive Years of Increases: 11 years of consistent dividend growth. United Bancorp's commitment to dividend growth highlights their financial strength and their focus on delivering value to shareholders. Their consistent track record makes them a reliable choice for dividend investors seeking exposure to the financial sector.
Federal Agricultural Mortgage Corp Class C (AGM)
What they do: Farmer Mac, or the Federal Agricultural Mortgage Corporation, is a government-sponsored enterprise (GSE) providing a secondary market for agricultural real estate and rural housing mortgage loans. They help increase the availability and affordability of credit for farmers, ranchers, and rural homeowners.
Dividend Hike: A respectable 7.14% increase!
Current Yield: 2.98%
Payout Ratio: 27.84%
P/E: 13.38
Consecutive Years of Increases: 13 years of consistent dividend growth. Farmer Mac's long history of dividend growth and their important role in supporting the agricultural sector make them a reliable choice for income-seeking investors. Their commitment to rural communities and financial strength positions them well for continued growth.
Manulife Financial Corp (MFC)
What they do: Manulife Financial Corporation is a leading international financial services group providing insurance, wealth management, and asset management solutions to individuals and institutions around the world.
Dividend Hike: A respectable 4.53% increase.
Current Yield: 4.06%
Payout Ratio: 56.10%
P/E: 14.62
Consecutive Years of Increases: 11 years of consistent dividend growth. Manulife Financial Corporation's consistent dividend growth and healthy payout ratio demonstrate their commitment to shareholder value. Their focus on building strong customer relationships and providing comprehensive financial solutions positions them well for continued growth.
Investing in Industrial Innovation
CSG Systems International Inc (CSGS)
What they do: CSG Systems provides business support solutions to companies in the telecommunications, media, and entertainment industries. They help their clients manage their customer relationships, billing, and operations.
Dividend Hike: A modest but steady 6.67% increase.
Current Yield: 2.00%
Payout Ratio: 39.61%
P/E: 21.07
Consecutive Years of Increases: 11 years of consistent dividend growth. CSG Systems' consistent dividend growth and healthy payout ratio demonstrate their commitment to shareholder value. Their focus on providing essential business support solutions to their clients positions them well for continued growth.
Coca-Cola Co (KO)
What they do: The Coca-Cola Company is a global beverage giant, producing and distributing some of the world's most iconic non-alcoholic drinks, including Coca-Cola, Sprite, Fanta, and Dasani.
Dividend Hike: A respectable 5.15% increase.
Current Yield: 2.82%
Payout Ratio: 78.86%
P/E: 29.00
Consecutive Years of Increases: 62 years of consistent dividend growth. Coca-Cola's long history of dividend growth and their dominant position in the beverage industry make them a reliable choice for income-seeking investors. Their strong brand portfolio and global reach position them well for continued growth.
Prologis Inc (PLD)
What they do: Prologis is a leading global owner, operator, and developer of logistics real estate, providing essential warehouse and distribution space for businesses involved in e-commerce, transportation, and manufacturing.
Dividend Hike: A modest but steady 3.31% increase.
Current Yield: 3.36%
Payout Ratio: 95.86%
P/E: 30.70
Consecutive Years of Increases: 11 years of consistent dividend growth. Prologis' commitment to dividend growth demonstrates their financial strength and their dedication to rewarding shareholders. Their focus on logistics real estate and their global presence positions them well for continued growth in the evolving e-commerce landscape.
Comfort Systems USA, Inc. (FIX)
What they do: Comfort Systems USA is a leading provider of heating, ventilation, and air conditioning (HVAC) installation, maintenance, and repair services for commercial, industrial, and institutional buildings.
Dividend Hike: A healthy 14.29% increase!
Current Yield: 0.38%
Payout Ratio: 8.22%
P/E: 24.92
Consecutive Years of Increases: 12 years of consistent dividend growth. Comfort Systems USA's strong dividend hike and low payout ratio suggest they have plenty of room to continue rewarding shareholders with growing dividends. Their essential role in providing HVAC solutions and their commitment to customer service make them an appealing option for dividend investors.
Tootsie Roll Industries Inc (TR)
What they do: Tootsie Roll Industries is a leading manufacturer and marketer of confectionery products, including iconic brands like Tootsie Rolls, Tootsie Pops, and Junior Mints.
Dividend Hike: A staggering 3233.33% increase!
Current Yield: Data not available in the table.
Payout Ratio: Data not available in the table.
P/E: 24.66
Consecutive Years of Increases: 58 years of consistent dividend growth. Tootsie Roll Industries' extraordinary dividend hike and long history of increases highlight their commitment to shareholder value and their ability to generate consistent returns. Their strong brand portfolio and loyal customer base position them well for continued success.
McGrath RentCorp (MGRC)
What they do: McGrath RentCorp is a leading provider of modular space and portable storage solutions, serving a variety of industries, including education, construction, and government.
Dividend Hike: A modest but steady 2.11% increase.
Current Yield: 1.53%
Payout Ratio: 40.34%
P/E: 13.90
Consecutive Years of Increases: 33 years of consistent dividend growth. McGrath RentCorp's commitment to dividend growth demonstrates their financial strength and their dedication to rewarding shareholders. Their focus on providing essential modular space and storage solutions positions them well for continued growth.
Essex Property Trust Inc (ESS)
What they do: Essex Property Trust is a real estate investment trust (REIT) focused on owning and operating apartment communities in the West Coast markets of the United States. They provide quality rental housing in desirable locations.
Dividend Hike: A respectable 4.90% increase.
Current Yield: 3.41%
Payout Ratio: 84.92%
P/E: 25.55
Consecutive Years of Increases: 31 years of consistent dividend growth. Essex Property Trust's consistent dividend growth and long history of increases demonstrate their commitment to shareholder value and their ability to generate consistent returns. Their focus on providing quality rental housing in desirable locations positions them well for continued success.
C&F Financial Corp (CFFI)
What they do: C&F Financial Corp is a bank holding company for C&F Bank, a community bank serving Virginia and Maryland. They offer a wide range of financial services to individuals and businesses, with a focus on personalized service and local relationships.
Dividend Hike: A respectable 4.55% increase.
Current Yield: Data not available in the table.
Payout Ratio: 29.28%
P/E: 13.13
Consecutive Years of Increases: 11 years of consistent dividend growth. C&F Financial Corp's commitment to dividend growth highlights their financial strength and their focus on delivering value to shareholders. Their consistent track record makes them a reliable choice for dividend investors seeking exposure to the financial sector.
Service Corporation International (SCI)
What they do: Service Corporation International is a leading provider of funeral, cemetery, and cremation services in North America. They offer a wide range of services to help families honor and remember their loved ones.
Dividend Hike: A modest but steady 3.23% increase.
Current Yield: 1.56%
Payout Ratio: 33.96%
P/E: 22.33
Consecutive Years of Increases: 14 years of consistent dividend growth. Service Corporation International's commitment to dividend growth demonstrates their financial strength and their dedication to rewarding shareholders. Their essential role in providing funeral and memorial services positions them well for continued growth.
Walmart Inc (WMT)
What they do: Walmart is a global retail giant, operating a chain of discount department stores, grocery stores, and hypermarkets. They offer a wide variety of products at everyday low prices, serving millions of customers worldwide.
Dividend Hike: A respectable 13.25% increase!
Current Yield: 0.96%
Payout Ratio: 34.44%
P/E: 39.38
Consecutive Years of Increases: 51 years of consistent dividend growth. Walmart's long history of dividend growth and their dominant position in the retail industry make them a reliable choice for income-seeking investors. Their strong brand recognition and global reach position them well for continued growth.
Realty Income Corp (O)
What they do: Realty Income is a real estate investment trust (REIT) focused on owning and operating single-tenant commercial properties across the United States. They provide essential space for businesses involved in various industries, including retail, healthcare, and industrial.
Dividend Hike: A modest but steady 1.52% increase.
Current Yield: 5.49%
Payout Ratio: 243.03%
P/E: 54.32
Consecutive Years of Increases: 32 years of consistent dividend growth. Realty Income's commitment to dividend growth demonstrates their financial strength and their dedication to rewarding shareholders. Their focus on single-tenant commercial properties and their diverse tenant base positions them well for continued growth.
Sherwin-Williams Co (SHW)
What they do: Sherwin-Williams is a leading global manufacturer and distributor of paints, coatings, and related products for residential, commercial, and industrial applications. They are known for their iconic brands like Sherwin-Williams, Valspar, and Krylon.
Dividend Hike: A respectable 10.49% increase.
Current Yield: 0.90%
Payout Ratio: 27.10%
P/E: 32.67
Consecutive Years of Increases: 46 years of consistent dividend growth. Sherwin-Williams' long history of dividend growth and their diverse portfolio of products make them a reliable choice for income-seeking investors. Their commitment to innovation and sustainability positions them well for future growth.
Assured Guaranty Ltd. (AGO)
What they do: Assured Guaranty is a leading provider of financial guaranty insurance, protecting investors against losses on municipal bonds and other fixed-income securities. They help enhance the credit quality of these securities, making them more attractive to investors.
Dividend Hike: A healthy 9.68% increase!
Current Yield: 1.38%
Payout Ratio: 8.92%
P/E: 6.95
Consecutive Years of Increases: 13 years of consistent dividend growth. Assured Guaranty's strong dividend hike and low payout ratio suggest they have plenty of room to continue rewarding shareholders with growing dividends. Their essential role in the financial markets and their commitment to risk management make them an appealing option for dividend investors.
Reliance Inc (RS)
What they do: Reliance Steel & Aluminum Co. is a leading metals service center company, providing a wide range of metal processing and distribution services to customers in various industries, including aerospace, automotive, and construction.
Dividend Hike: A respectable 9.09% increase.
Current Yield: 1.49%
Payout Ratio: 28.28%
P/E: 19.50
Consecutive Years of Increases: 14 years of consistent dividend growth. Reliance Steel & Aluminum Co.'s consistent dividend growth and healthy payout ratio demonstrate their commitment to shareholder value. Their focus on providing essential metal processing and distribution services positions them well for continued growth.
Genuine Parts Co (GPC)
What they do: Genuine Parts Company is a leading global distributor of automotive and industrial replacement parts, serving customers in various industries, including automotive, industrial, and office products. They are known for their iconic NAPA Auto Parts brand.
Dividend Hike: A modest but steady 3.00% increase.
Current Yield: 3.39%
Payout Ratio: 61.82%
P/E: 18.80
Consecutive Years of Increases: 68 years of consistent dividend growth. Genuine Parts Company's long history of dividend growth and their essential role in the automotive and industrial aftermarkets make them a reliable choice for income-seeking investors. Their strong brand recognition and global reach position them well for continued growth.
Waste Management Inc (WM)
What they do: Waste Management is a leading provider of comprehensive waste management environmental services in North America, providing collection, transfer, recycling, and disposal services to residential, commercial, industrial, and municipal customers.
Dividend Hike: A healthy 10.00% increase!
Current Yield: 1.43%
Payout Ratio: 44.05%
P/E: 33.50
Consecutive Years of Increases: 21 years of consistent dividend growth. Waste Management's strong dividend hike and long history of increases highlight their commitment to shareholder value and their ability to generate consistent returns. Their essential role in waste management and environmental services positions them well for continued success.
There you have it! Another week full of dividend increases from companies across various sectors. Whether you're looking for high yields, consistent growth, or exposure to specific industries, these dividend champions offer compelling opportunities for investors.
Happy investing!
Cheers,
The Dividend Edge