Introduction

The Dividend Champions list is a monthly compilation of companies which have consistently increased their annual dividend payouts, and the latest edition may be found here. However, since this list is only produced once per month, the data in it can quickly get out of date. Furthermore, with over 750 companies on the list, the sheer amount of data can quickly become overwhelming. In this weekly series, I highlight recent and upcoming dividend related activity for companies holding Challenger (5-9 years) status.

In the data presented below, Yield is forward annualized and Years reflects the up-to-date streak, including dividends declared since the last edition of the Dividend Champions list.

Dividend Changes

In the past week, the following companies on the Challengers list declared dividends which changed from their previous payouts.

Increases:

Company

Symbol

Ex-Div

Pay

Old Rate

New Rate

Increase

Yield

Years

Ingredion Inc.

(INGR)

9/30

10/26

0.63

0.64

1.59%

3.15%

10

Masco Corp.

(MAS)

10/8

11/9

0.135

0.14

3.70%

0.97%

7

STORE Capital Corp.

(STOR)

9/29

10/15

0.35

0.36

2.86%

5.12%

6

Decreases:

None

Last Chance to Buy

These companies have ex-dividend dates approaching. The following tables indicate the last day you can buy these stocks in order to be eligible for the upcoming dividend. Tables are sorted alphabetically by symbol.

Monday, Sept. 21 (Ex Div 9/22)

Company

Symbol

Pay Date

Payout

Price

Yield

Years

Gladstone Investment Corp.

(GAIN)

9/30

0.07

9.29

9.04%

9

Gladstone Land Corp.

(LAND)

9/30

0.0448

15.36

3.50%

6

Tuesday, Sept. 22 (Ex-Div 9/23)

Company

Symbol

Pay Date

Payout

Price

Yield

Years

Getty Realty Corp.

(GTY)

10/8

0.37

26.5

5.58%

8

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Wednesday, Sept. 23 (Ex-Div 9/24)

Company

Symbol

Pay Date

Payout

Price

Yield

Years

Agree Realty Corp.

(ADC)

10/9

0.6

64.05

3.75%

8

CyrusOne Inc.

(CONE)

10/9

0.51

72.59

2.81%

8

First Midwest Bancorp

(FMBI)

10/6

0.14

11.83

4.73%

7

The Hackett Group Inc.

(HCKT)

10/9

0.095

12.73

2.99%

7

Kimball International Inc.

(KBAL)

10/15

0.09

12.03

2.99%

5

Dentsply Sirona Inc.

(XRAY)

10/9

0.1

46.33

0.86%

8

Thursday, Sept. 24 (Ex-Div 9/25)

Company

Symbol

Pay Date

Payout

Price

Yield

Years

Danaher Corp.

(DHR)

10/30

0.18

206.31

0.35%

7

Great Southern Bancorp Inc.

(GSBC)

10/13

0.34

37.75

3.60%

6

Friday, Sept. 25 (Ex-Div 9/28)

Company

Symbol

Pay Date

Payout

Price

Yield

Years

Main Street Capital Corp.

(MAIN)

10/15

0.205

30.48

8.07%

9

Money on the Way

The following companies have dividend pay dates in the upcoming week (Tuesday through the following Monday). Check if you want your DRIPs to reinvest at these yields…or take the cash and go have a steak dinner!

Company

Symbol

Pay Date

Payout

Yield

Amerisafe Inc.

(AMSF)

9/25

0.27

1.9%

Avnet Inc.

(AVT)

9/23

0.21

3.1%

Bank of America Corp.

(NYSE:BAC.PK)

9/25

0.18

2.9%

Capital City Bank Group

(CCBG)

9/28

0.14

2.8%

CNO Financial Group Inc.

(CNO)

9/24

0.12

2.8%

CSG Systems International Inc.

(CSGS)

9/28

0.235

2.3%

Dick’s Sporting Goods Inc.

(DKS)

9/25

0.3125

2.1%

Equinix Inc.

(EQIX)

9/23

2.66

1.4%

Exponent Inc.

(EXPO)

9/25

0.19

1.0%

Flushing Financial Corp.

(FFIC)

9/25

0.21

7.3%

Logitech International

(LOGI)

9/22

0.8 CHF

1.25%

Nasdaq Inc.

(NDAQ)

9/25

0.49

1.6%

Nvidia Corp.

(NVDA)

9/24

0.16

0.1%

Open Text Corp.

(OTEX)

9/25

0.1746

1.7%

ResMed Inc.

(RMD)

9/24

0.39

0.9%

TriCo Bancshares

(TCBK)

9/25

0.22

3.4%

TFS Financial Corporation

(TFSL)

9/23

0.28

7.7%

Unity Bancorp Inc.

(UNTY)

9/25

0.08

2.5%

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Conclusion

I hope you found this article useful. Please let me know if you have any ideas for improving the format or data included in this series.

Looking for more in depth analysis of high quality dividend stocks? Check out the Dividend Kings marketplace service!

Disclosure: I/we have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.



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