Sunday, December 22, 2024

List of companies that raised their dividends last week (12/16/2024 to 12/20/2024)

 The following companies increased their dividends last week:

$MOS Mosaic Co: 4.8%
$MA Mastercard Inc: 15%
$WM Waste Management Inc: 10%
$VLTO Veralto Corp: 22%
$LW Lamb Weston: 2.8%
$ABCB Ameris Bancorp: 33.3%
$NWFL Norwood Financial Corp: 3.3%
$THFF First Financial Corp: 13.3%
$FULT Fulton Financial Corp: 5.9%
$TRAK Repositrak Inc: 10.3%
$SFBS ServisFirst Bancshares: 11.7v
$TFII TFI International Inc: 12.5%
$NVT nVent Electric PLC: 5.3%
$CUBE CubeSmart: 2%


Waste Management, Inc. (WM) has a history of increasing its dividends, which is reflected in the post's mention of a 10% increase. This aligns with their consistent performance in dividends, making them a reliable choice for dividend-focused investors.

The Mosaic Company (MOS) is recognized for its role in the agriculture sector, producing essential fertilizers. Their dividend increase of 4.8% is part of their strategy to return value to shareholders amidst global agricultural demands, which ties into broader discussions on food security and sustainability.

MasterCard Incorporated (MA) has recently announced a 15% increase in its dividend, bringing the quarterly cash dividend to 76 cents per share. This decision was made public around the time of the post from Invest with Matt on December 22, 2024, at 22:13 UTC, which listed various companies that increased their dividends, including MasterCard. This dividend hike marks MasterCard's 13th consecutive year of increasing its dividends, showcasing the company's strong financial health and confidence in its future growth prospects. This increase from the previous dividend rate signifies MasterCard's commitment to enhancing shareholder value. The new dividend rate will be paid to shareholders of record as of January 9, 2025, with the payment scheduled for February 7, 2025. This announcement is part of MasterCard's broader strategy to return value to its shareholders, alongside a new $12 billion stock buyback program, further demonstrating the company's robust financial position and positive outlook on future performance.


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