This week’s dividend activity included increased payouts from Phillips 66 (PSX) and Quest Diagnostics (DGX) as well as declarations from companies such as Meta (META) and Hyatt (H).
Additionally, looking towards next week, industry players such as Chevron (CVX) and Microsoft (MSFT) will see the ex-dividend dates for their upcoming dividend payments.
See a breakdown below of some of the highlights of this week, along with some upcoming activity on the dividend front.
Dividend Increases
Here are some companies that have announced a dividend increase in the past week:
T. Rowe Price (TROW)
- Dividend declared: February 9
- New dividend amount: $1.27
- Previous amount: $1.30
- Increase: 2.4%
Quest Diagnostics (DGX)
- Dividend declared: February 10
- New dividend amount: $0.86
- Previous amount: $0.80
- Increase: 7.5%
Phillips 66 (PSX)
- Dividend declared: February 11
- New dividend amount: $1.27
- Previous amount: $1.20
- Increase: 5.8%
Dividend Declarations
Here are some companies that have announced a dividend in the past week:
Corning (GLW)
- Dividend declared: February 11
- Dividend amount: $0.28
Marriott (MAR)
- Dividend declared: February 12
- Dividend amount: $0.67
Meta (META)
- Dividend declared: February 12
- Dividend amount: $0.525
Hyatt (H)
- Dividend declared: February 12
- Dividend amount: $0.15
Upcoming Dividend Calendar
Here are some companies that have an ex-dividend date coming next week:
Chevron (CVX)
- Ex-dividend date: February 17
- Payout date: March 10
ConocoPhillips (COP)
- Ex-dividend date: February 18
- Payout date: March 2
Hasbro (HAS)
- Ex-dividend date: February 18
- Payout date: March 4
Microsoft (MSFT)
- Ex-dividend date: February 19
- Payout date: March 12
Additional Dividend Information
For investors looking to gain further access to the dividend space, listed below are some popular dividend-focused ETFs that can be further analyzed:
Dividend ETFs: (VIG), (SCHD), (VYM), (DGRO), (SDY), (DVY), (IDV), (DGRW), (NOBL), (HDV), (RDVY), (VIGI), and (SDVY).