This week’s dividend activity included increased payouts from U.S. Century Bank (USCB) and Modiv (MDV) as well as declarations from companies such as Ally Financial (ALLY) and Howmet Aerospace (HWM).
Additionally, looking towards next week, industry players such as Morgan Stanley (MS) and Costco (COST) 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:
Mercantile Bank (MBWM)
- Dividend declared: January 20
- New dividend amount: $0.39
- Previous amount: $0.38
- Increase: 2.6%
Modiv (MDV)
- Dividend declared: January 20
- New dividend amount: $0.10
- Previous amount: $0.0975
- Increase: 2.6%
U.S. Century Bank (USCB)
- Dividend declared: January 20
- New dividend amount: $0.125
- Previous amount: $0.10
- Increase: 25%
Dividend Declarations
Here are some companies that have announced a dividend in the past week:
D.R. Horton (DHI)
- Dividend declared: January 20
- Dividend amount: $0.45
Howmet Aerospace (HWM)
- Dividend declared: January 20
- Dividend amount: $0.12
Ally FInancial (ALLY)
- Dividend declared: January 20
- Dividend amount: $0.30
Cintas (CTAS)
- Dividend declared: January 20
- Dividend amount: $0.45
Upcoming Dividend Calendar
Here are some companies that have an ex-dividend date coming next week:
Clorox (CLX)
- Ex-dividend date: January 28
- Payout date: February 13
Paychex (PAYX)
- Ex-dividend date: January 28
- Payout date: February 27
Costco (COST)
- Ex-dividend date: January 30
- Payout date: February 13
Morgan Stanley (MS)
- Ex-dividend date: January 30
- Payout date: February 13
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).