5 big dividend hikes: J.B. Hunt, WEC Energy

By Davit Kirakosyan

Investing.com -- Here are 5 big dividend hikes and special dividends announced yesterday, all covered in real time on InvestingPro.

JB Hunt Transport Services Inc (NASDAQ:JBHT) hiked its dividend by 5% to $0.42 per share, or $1.68 annualized, for an annual yield of 0.9%. The dividend will be payable on February 24, 2023, to stockholders of record on February 10, 2023, with an ex-dividend date of February 9, 2023.

Shares were up more than 2% after-hours yesterday.

WEC Energy (NYSE:WEC) hiked its dividend by 7.2% to $0.78 per share, or $3.12 annualized, for an annual yield of 3.4%. The dividend will be payable on March 1, 2023, to stockholders of record on February 14, 2023, with an ex-dividend date of February 13, 2023.

Banner (NASDAQ:BANR) Corp. hiked its dividend by 9.1% to $0.48 per share, or $1.92 annualized, for an annual yield of 3.1%. The dividend will be payable on February 13, 2023, to stockholders of record on February 2, 2023, with an ex-dividend date of February 1, 2023.

The company reported its Q4 results yesterday, with a revenue beat, but slightly worse-than-expected EPS.

South Plains Financial (NASDAQ:SPFI) Inc. hiked its dividend by 8.3% to $0.13 per share, or $0.52 annualized, for an annual yield of 1.9%. The dividend will be payable on February 13, 2023, to stockholders of record on January 30, 2023, with an ex-dividend date of January 27, 2023.

Energy Services Of America Corp (NASDAQ:ESOA) declared a special dividend of $0.05 per share, for an annual yield of 2%. The dividend will be payable on February 15, 2023, to stockholders of record on January 31, 2023, with an ex-dividend date of January 30, 2023.

Shares gained more than 3% yesterday.

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