Author: Kevin Bae
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MSC Industrial (MSM) increases dividend by 2.4%
MSC Industrial Supply Co. (NYSE: MSM), a premier distributor of Metalworking and Maintenance, Repair and Operations (MRO) products and services to industrial customers throughout North America, today announced that its Board of Directors has declared a cash dividend of $0.85 per share, representing an increase from the previous regular quarterly dividend of $0.83 per share. The $0.85 dividend is payable on November 27, 2024 to…
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September 2024 Portfolio Recap
September was an eventful month for Chasing the Yield. My annual income increased by $80, thanks to dividend boosts from Microsoft (MSFT) (up 11%), New Jersey Resources (NJR) (up 7.1%), and five other holdings. While there were no upgrades or downgrades in dividend safety, I closed our position in Oaktree Specialty Lending (OCSL) and used…
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Arrow Financial (AROW) increases dividend by 3.7%
The Board of Directors of Arrow Financial Corporation (NasdaqGS® – AROW) on October 2, 2024, declared a quarterly cash dividend of $0.28 per share payable October 29, 2024 to shareholders of record on October 15, 2024. This represents a 3.7% increase to our quarterly dividend and is in lieu of the 3% stock dividend the…
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Lockheed Martin (LMT) increases dividend by 4.8%, its 22nd consecutive annual increase
The Lockheed Martin (NYSE: LMT) board of directors has authorized a fourth quarter 2024 dividend of $3.30 per share. This is an increase of $0.15 per share over the last quarter and represents the company’s 22nd consecutive year of dividend increases. The dividend is payable on Dec. 27, 2024, to holders of record as of…
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Bank OZK (OZK) increases dividend by 2.5%
Bank OZK (the “Bank”) (Nasdaq: OZK) announced its Board of Directors declared a quarterly cash dividend on the Bank’s common stock of $0.41 per share, up $0.01, or 2.5% from the prior quarter. The common stock dividend is payable on October 18, 2024 to shareholders of record as of October 11, 2024. Bank OZK has increased its quarterly cash dividend on its common stock…
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Fortis Inc. (FTS) increases dividend by 4.2%, its 51st consecutive annual increase