Dividend Announcements for 12/7/2023

This page provides a list of companies that have recently announced dividend payments. The list also includes companies that have increased or cut their dividends. The default setting is the current date, but you can use the reporting date filter to view other dates. You can also use the filters to fine tune the kind of dividend stocks you want to see. Learn how a dividend announcement affects a stock's price.

Filters:
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Country
Market Cap
Stock Type
Consensus Rating
     
CompanyPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
Allegion plc stock logo
ALLE
Allegion
quarterly$0.451.71%12/18/202312/29/2023
American Express stock logo
AXP
American Express
quarterly$0.601.43%1/5/20242/9/2024
Annaly Capital Management, Inc. stock logo
NLY
Annaly Capital Management
quarterly$0.6514.4%12/28/202312/29/20231/31/2024
Broadcom Inc. stock logo
AVGO
Broadcom
quarterly$5.252.28%12/20/202312/29/2023
Carrier Global Co. stock logo
CARR
Carrier Global
quarterly$0.191.4%12/20/202312/21/20232/9/2024
ChampionX Co. stock logo
CHX
ChampionX
quarterly$0.08501.17%1/4/20241/5/20241/26/2024
Crescent Capital BDC, Inc. stock logo
CCAP
Crescent Capital BDC
quarterly$0.419.6%12/28/202312/29/20231/16/2024
CSG Systems International, Inc. stock logo
CSGS
CSG Systems International
quarterly$0.282.19%12/12/202312/13/202312/22/2023
Dollar General Co. stock logo
DG
Dollar General
quarterly$0.591.76%1/9/20241/23/2024
Ecolab Inc. stock logo
ECL
Ecolab
quarterly$0.571.18%12/19/20231/16/2024
Hamilton Lane Incorporated stock logo
HLNE
Hamilton Lane
quarterly$0.44502.03%12/14/202312/15/20231/5/2024
James River Group Holdings, Ltd. stock logo
JRVR
James River Group
quarterly$0.052.3%12/8/202312/11/202312/29/2023
Keurig Dr Pepper Inc. stock logo
KDP
Keurig Dr Pepper
quarterly$0.21502.66%1/5/20241/19/2024
Keurig Dr Pepper Inc. stock logo
KDP
Keurig Dr Pepper
quarterly$0.21502.66%1/5/20241/19/2024
Korn Ferry stock logo
KFY
Korn Ferry
quarterly$0.332.4%12/20/202312/21/20231/12/2024
Medtronic plc stock logo
MDT
Medtronic
quarterly$0.693.47%12/20/20231/12/2024
Owens Corning stock logo
OC
Owens Corning
quarterly$0.601.7%1/8/20241/19/2024
PACCAR Inc stock logo
PCAR
PACCAR
$3.203.35%12/14/202312/15/20231/4/2024
Packaging Co. of America stock logo
PKG
Packaging Co. of America
quarterly$1.253.04%12/18/20231/15/2024
Philip Morris International Inc. stock logo
PM
Philip Morris International
quarterly$1.305.71%12/20/202312/21/20231/10/2024
Prologis, Inc. stock logo
PLD
Prologis
quarterly$0.872.92%12/15/202312/18/202312/29/2023
Red Rock Resorts, Inc. stock logo
RRR
Red Rock Resorts
quarterly$0.252.34%12/14/202312/15/202312/29/2023
Redwood Trust, Inc. stock logo
RWT
Redwood Trust
quarterly$0.168.9%12/20/202312/28/2023
Seacoast Banking Co. of Florida stock logo
SBCF
Seacoast Banking Co. of Florida
quarterly$0.183.6%12/14/202312/15/202312/29/2023
Silver Spike Investment Corp. stock logo
SSIC
Silver Spike Investment
none$0.7010.3%12/19/202312/20/202312/29/2023
Steven Madden, Ltd. stock logo
SHOO
Steven Madden
quarterly$0.212.48%12/14/202312/15/202312/29/2023
Verizon Communications Inc. stock logo
VZ
Verizon Communications
quarterly$0.66506.88%1/10/20242/1/2024
W. P. Carey Inc. stock logo
WPC
W. P. Carey
quarterly$0.865.38%12/29/20231/16/2024
Whitestone REIT stock logo
WSR
Whitestone REIT
monthly$0.044.2%2/1/20242/2/20242/12/2024

Most dividend stock investors know that they have to be a shareholder of record before the company’s ex-dividend date. But here’s a pro tip for you. If you are interested in buying shares of a company with a solid track record of paying dividends, it’s better to get in before the company officially announces the amount of its dividend and the payment date.

That’s because a company’s stock price will go up after a dividend announcement. In a completely efficient market, the stock price would go up by the exact amount of the dividend payout. In reality, it may be slightly less or slightly more.

In this article we’ll explain to investors why they should pay attention to dividend announcements.

A dividend announcement is when a company publicly confirms that it will be issuing a dividend. This is known as the declaration date. On the declaration date, a company’s Board of Directors will announce how much the dividend payout will be, the date of record, and the payment date. The declaration date is one of four important dates for dividend investors to understand.

Ex-Dividend Date – This is the day that an investor must own the stock in order to be eligible to receive a dividend payment. For a shareholder to collect the dividend they must own the stock before the ex-dividend date. So if the ex-dividend date is on a Monday, investors need to buy the stock no later than the previous Friday.

Date of Record - This is simply the day a company reviews its records in order to identify its shareholders. Sometimes this is the same day as the ex-dividend date, but frequently it is a day or two later.

Payment Date – This is the day the dividend is paid to shareholders. If investors are having their dividends redistributed, that will happen after the market closes on the payment date. The new shares will be purchased when the market opens on the next trading day.

Generally speaking, a company’s stock price will rise after a dividend announcement. This is due largely to the efficiency of markets. When a company announces its dividend, particularly if the company increases the amount of its dividend payout, investors will buy the stock. This occurs even though they know that the stock will drop on its ex-dividend date (i.e.  the first day it will trade without the price of the dividend in its stock price).

However, it’s also possible that the company’s stock may fall after a dividend announcement. This may  happen if the company announces that they are cutting their dividend. But it can also occur if a company announces they are maintaining their current dividend payout when analysts were expecting an increase. The latter scenario may not bother growth-oriented investors. However, income-oriented investors will likely begin looking for more compelling options.

For the most part, a dividend announcement is a non-event for investors. If an investor has had a particular stock on their watchlist, a dividend announcement may be the catalyst they need to start a position before the ex-dividend date. Similarly, if an investor already holds a stock, a dividend announcement may encourage them to buy more shares or sell shares if the announcement is not to their liking.

However, for some traders (particularly day traders), a dividend announcement is an opportunity to execute a dividend harvesting strategy. Dividend harvesting is when an investor buys shares in a dividend stock on or before their ex-dividend date and sells the stock shortly thereafter. This strategy is an income capture strategy that allows investors to capture a company’s dividend with the expectation that the company’s share price will fall shortly after the ex-dividend date.

Many dividend stocks are evergreen. Simply put, investors own them no matter what is happening in the broader economy. However, there are times when investors want to capitalize on themes that are taking place in the market. Investors can sort through different sectors and see only the dividend stocks related to those industries.

Investors can also sort based on market capitalization. So if they only want to view large cap stocks they can do that. They can also sort by media sentiment and analyst ratings. And fund investors can choose to see only exchange-traded funds (ETFs) that pertain to the specific criteria selected.

Find out why slow and steady wins the race with DividendStocks.com.