Dividend Challenger Highlights: Week Of May 17
A weekly summary of dividend activity for Dividend Challengers.
Companies which changed their dividends.
Companies with upcoming ex-dividend dates.
Companies with upcoming pay dates.
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 However, since this list is only produced once per month, the data in it can quickly get out of date.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 800 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
Materion Corp.
(MTRN)
5/28
6/10
0.11
0.115
4.55%
0.91%
8
Decreases:
Company
Symbol
Old Rate
New Rate
Decrease
Years
Preferred Apartment Communities Inc.
(APTS)
0.2625
0.175
-33.33%
9
PBF Logistics LP
(PBFX)
0.52
0.3
-42.31%
6
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 May 18 (Ex-Div 5/19)
Company
Symbol
Pay Date
Payout
Price
Yield
Years
Assured Guaranty Ltd.
(AGO)
6/3
0.2
24.63
3.25%
9
Atlantic Union Bankshares Corp.
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