• Air Products (APD) increases dividend by 8% marking 41 year streak

    Air Products (APD) increases dividend by 8% marking 41 year streak

    The Board of Directors of Air Products (APD) has increased the quarterly dividend on the Company’s common stock by 13 cents per share—from $1.62 to $1.75 per share—representing an eight percent increase. This marks the 41st consecutive year that Air Products has increased its dividend payment. The dividend is payable on May 8, 2023 to […]

  • Archer-Daniels-Midland boosts dividend 13% in strong quarter

    Archer-Daniels-Midland boosts dividend 13% in strong quarter

    ADM delivered another very strong quarter to complete an outstanding year, and the strategic work we have done throughout 2022 has positioned us well for 2023 and beyond,” said Chairman and CEO Juan Luciano. For the full year, we delivered adjusted EPS of $7.85, adjusted segment operating profit of $6.6 billion, and trailing four-quarter average […]

  • Chevron records $35.5 billion profit, its highest ever

    Chevron records $35.5 billion profit, its highest ever

    The U.S. oil company in its quarterly earnings reported Friday that it collected $35.5 billion in its highest-ever annual profit in 2022, more than double the prior year and about one-third higher than its previous record in 2011. Almost $50 billion in cash streamed in from its oil-leveraged operations, another record underpinning plans to pay […]

  • Regulators approve acquisition of South Jersey Industries (SJI)

    Regulators approve acquisition of South Jersey Industries (SJI)

    I’ll need to find a replacement for this safe dividend paying company. The deal is set to close on February 1, 2023. I’m looking at Dominion Energy (D) right now. They have been in business for 120 years and are paying a yield of 4.3%. Their dividend cut in 2020, which ended their 90+ year […]

  • Chevron (CVX) raises dividend 6.3% & announces $75 billion buyback program

    Chevron (CVX) raises dividend 6.3% & announces $75 billion buyback program

    The Board of Directors of Chevron Corporation (NYSE: CVX) today declared a quarterly dividend of one dollar and fifty-one cents ($1.51) per share, an increase of nine cents ($0.09) per share or approximately 6 percent. The dividend is payable March 10, 2023, to all holders of common stock as shown on the transfer records of […]

  • Kimberly Clark (KMB) Raises Dividend 1.7%

    Kimberly Clark (KMB) Raises Dividend 1.7%

    KMB reported fourth-quarter 2022 results, wherein the bottom line beat the Zacks Consensus Estimate and increased year over year. The company is benefiting from its growth strategy, including investments in solid brands and commercial capacities. The company’s revenue growth management efforts also helped it battle inflationary headwinds. Adjusted earnings came in at $1.54 per share, […]