By Sarina Isaacs
Investing.com - Companies will often establish a pattern of hiking their dividends at the same time each year, giving their investors a reliable cash influx and enticing them to stay in the shares for the long term. With the help from StreetInsider data, we've put together a list of companies that look poised to raise their payouts in the next week, based on what they did this time last year. For up-to-the-minute dividend announcements, check out InvestingPro+.
Patrick Industries (NASDAQ:PATK): Raised by 17.9% last year and currently has an annualized payout of $1.32, a yield of 2.9%, and a 8.75% payout ratio.
Autoliv (NYSE:ALV): Raised by 3.2% last year and currently has an annualized payout of $2.56, a yield of 3.%, and a 58.38% payout ratio.
DR Horton Inc (NYSE:DHI): Raised by 12.5% last year and currently has an annualized payout of $0.90, a yield of 1.2%, and a 5.6% payout ratio.
GCM Grosvenor Inc (NASDAQ:GCMG): Raised by 11.1% last year and currently has an annualized payout of $0.40, a yield of 5%, and a 56.7% payout ratio.
Assurant (NYSE:AIZ): Raised by 3% last year and currently has an annualized payout of $2.72, a yield of 2.2%, and a 44.7% payout ratio.
Travel + Leisure Co (NYSE:TNL): Raised by 16.7% last year and currently has an annualized payout of $1.60, a yield of 4.4%, and a 35.7% payout ratio.
Lancaster Colony (NASDAQ:LANC) Corp.: Raised by 6.7% last year and currently has an annualized payout of $3.20, a yield of 1.6%, and a 91.3% payout ratio.
Automatic Data Processing Inc (NASDAQ:ADP): Raised by 11.8% last year and currently has an annualized payout of $4.16, a yield of 1.8%, and a 56.1% payout ratio.
MDU Resources Group Inc (NYSE:MDU): Raised by 2.4% last year and currently has am annualized payout of $0.87, a yield of 3%, and a 52.2% payout ratio.
Roper Technologies (NYSE:ROP): Raised by 10.2% last year and currently has an annualized payout of $2.48, a yield of 0.6%, and an 8.8% payout ratio.
Begin trading today! Create an account by completing our form
At One Financial Markets we are committed to safeguarding your privacy.
Please see our Privacy Policy for details about what information is collected from you and why it is collected. We do not sell your information or use it other than as described in the Policy.
Please note that it is in our legitimate business interest to send you certain marketing emails from time to time. However, if you would prefer not to receive these you can opt-out by ticking the box below.
Alternatively, you can use the unsubscribe link at the bottom of the Demo account confirmation email or any subsequent emails we send.
By completing the form and downloading the platform you agree with the use of your personal information as detailed in the Policy.